Sat.Aug 01, 2020 - Fri.Aug 07, 2020

article thumbnail

The great digital migration: 78% of consumers are changing payment methods

Payments Dive

Visa's Back to Business global study reveals small businesses and consumers, from around the world, that may initially been reluctant to adopt digital technology are now embracing it. But will this digital landscape remain in place for the future?

Study 448
article thumbnail

Things worth reading: 3rd August 2020

Chris Skinner

Things we’re reading today include … Bakery manager sacked for using own bank card to help elderly customers blocked from paying with cash Lloyds bank manager ‘sacked for helping customer open mail’ Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty Canary Wharf Group recalls staff to … The post Things worth reading: 3rd August 2020 appeared first on Chris Skinner's blog.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Microsoft Teams Advanced Communications Add-On: Is it the right fit for your organization?

Perficient

Microsoft recently announced a new add-on for Microsoft Teams called the “Advanced Communications” SKU which can be added to any Office 365 or Microsoft 365 subscription. In this blog, we’ll cover what exactly the add-on includes so you can determine if it’s a good fit for your organization! What is the Advanced Communications Add-on?

Meeting 399
article thumbnail

A How-To Guide for Monetizing Open Banking

Accenture

In my last post, I shared the two emerging business models that are powered by Open Banking: banking as a platform and banking as a service. The future of any Open Banking offering will depend on the value it provides or the monetization options it creates. Participants can bundle or unbundle offerings and services.

How To 371
article thumbnail

Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

article thumbnail

Creativity and innovation will be the post-pandemic keys to customer retention

Payments Dive

Once the world has transitioned into a post-pandemic phase, businesses that realize health and safety will still be paramount to customers will be the ones determined to find creative and innovative ways to maintain and retain customers.

More Trending

article thumbnail

Step-by-step Guide On Calling Google Map Javascript API For Beginners 2020

Perficient

This is a step-by-step tutorial to call Google Map through API for people with little experience in Javascript. If you are familiar with the language, you should be able to follow along the instructions in the Google Maps Platform without a hitch. This post is perfect for those who just want to follow along in order. Here is the link to Google Maps Platform for reference: [link].

Google 396
article thumbnail

How to drive the in-vehicle payments experience

Accenture

Consumer spending over connected-car platforms is expected to reach $265 billion by 2023. But will that benefit all players—or just the ones that carve out a definitive competitive advantage? Picture this: It’s a sunny Saturday morning and you and your family are buckled into the car for a day out. “Find the nearest gas station,”…. The post How to drive the in-vehicle payments experience appeared first on Accenture Banking Blog.

How To 317
article thumbnail

The great digital migration: 78% of consumers have changed payment methods

Payments Dive

Visa's Back to Business global study indicates small businesses and consumers from around the world that may originally been reluctant to embrace digital technology, now utilize it. But will this digital landscape remain in place for the future?

Study 370
article thumbnail

Retailers Using Chapter 11 To Break Lease Agreements

PYMNTS

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported Bloomberg. The news site named Neiman Marcus Group Inc, Brooks Brothers Group Inc, J.C. Penney Co., J. Crew Group Inc. and the owner of Ann Taylor as companies looking to use this protection to avoid lease renegotiations and even back out of rent obligations altogether.

Retail 354
article thumbnail

The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

article thumbnail

Mobile Solutions for B2B Medical Sales

Perficient

B2B medical sales involve the purchasing of medical supplies, including personal protection equipment (PPE) such as masks, gloves, goggles, and face shields, and typical customers are labs, hospitals, clinics, manufacturing companies, and clean rooms. These products protect the wearer from their environment where infection, disease, or dangerous chemicals may be present.

Mobile 352
article thumbnail

How the major card networks are planning to survive the pandemic

Payments Source

The major card networks have heavily invested in broader services as transaction processing loses its luster, a strategy that’s provided a ray of hope as retail and travel industries remain sidelined.

Cards 216
article thumbnail

The Advantages of Utilizing Point-of-Sale Mobile Payment Technology

Payments Dive

Any business can now conveniently accept mobile payments, which has become an invaluable part of many businesses’ services and operational workflow.

Mobile 414
article thumbnail

Coinstar CEO On The Ongoing Journey To Digitize Cash (And Turn It Into Crypto)

PYMNTS

The great digital shift, along with the pandemic, has brought all manner of activities into the virtual realm — most notably, of course, commerce itself. To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. The evolution — beyond sorting coins stored in proverbial piggy banks and coffee cans and toward bill pay and commerce, all in a self-service environment

Bitcoin 339
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

Don’t Miss Out on DevOps World 2020

Perficient

DevOps World by CloudBees brings together thought leaders, practitioners, project contributors, and the entire DevOps ecosystem into one global, virtual event. By attending, you’ll have the opportunity to learn, explore, and help transform the future of software development and delivery. The event takes place Sept. 22-24, with a day of hands-on workshops on Sept. 25.

article thumbnail

Tracking the accelerating technology transformation

Bobsguide

It’s rapidly become a platitude that financial services will look utterly different post-crisis. At Broadridge we wanted to understand in more detail the views of financial services leaders at this juncture. We surveyed c-suite executives and their direct reports from 500 financial.

article thumbnail

As gamers shelter, fraudsters get to play

Payments Source

Video games provide a rare escape to locked-down consumers, and many modern games are so sophisticated that they support their own digital storefronts — with the potential for real-world losses if fraudsters find a way in.

Video 196
article thumbnail

Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift

PYMNTS

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45 percent year over year. Chief Financial Officer Raj Agrawal told PYMNTS that Q2’s digital growth was “unbelievable.”. Agrawal said the company’s digital operations have grown not just in terms of dollar amounts, but also in terms of how many new customers the pandemic has brought in.

article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

article thumbnail

Exploring the Sling Feature Model: Part 2 – Composite NodeStore

Perficient

In my previous post Exploring the Sling Feature Model , I described the process of migrating from a Sling Provisioning project setup to a Sling Feature Model project. Now that we have the Sling Provisioning Model project converted, we can move on to the fun stuff and create a Composite NodeStore. We’ll use Docker to build the Composite Node Store in the container image.

Examples 340
article thumbnail

EU disclosure rules to shape ESG strategies

Bobsguide

Many European firms are unprepared for reporting under the Sustainable Finance Disclosure Regulation (SFDR), set to commence in March 2021. “There’s a little bit of the industry taking for granted what it now entails to be an [Environmental, Social and Governance] (ESG) fund or firm.

Strategy 202
article thumbnail

How coronavirus changed the way hourly workers manage their money

Payments Source

Now that the U.S. is five months into the COVID crisis a new victim is emerging. Caught between small businesses furloughing their staff landlords needing to collect rent are millions of hourly workers.

article thumbnail

How Thrasio Turned Buying Amazon Third-Party Sellers Into A $1B Business

PYMNTS

In Greek mythology, Thrasos is the character that personifies boldness. Drop the ‘os’ and add an ‘io,’ and it’s a company that personifies the fast track to digital commerce success. Thrasio has taken its Amazon-centric business model to a high level at high-speed, snapping up some of the marketplace’s hottest sellers and creating a company that one of its investors says is “revolutionizing eCommerce.”.

America 336
article thumbnail

Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

article thumbnail

The Fifth Key Commitment of Revenue Resilience – We Need Hospitals to Learn

Perficient

Series Authors: Tom Kiesau , Dr. Sam Bhatia , Paul Griffiths. This series explores the uncomfortable reality that this adaptation will likely span a longer period of time than the authors believe has been widely expected. Three leading organizations — Salesforce , Perficient , and The Chartis Group — have come together to share bright spots within the healthcare community that can point the way to building the necessary capacity to adapt.

System 332
article thumbnail

Three ways technology can reduce cost per trade

Bobsguide

Capital markets firms are under pressure to increase efficiency and reduce operational costs, particularly as the world deals with the pandemic. A key metric of efficiency in our industry is cost per trade – but how much are firms actively controlling it? A recent industry survey showed.

article thumbnail

PayPal hires fintech expert as global competition heats up

Payments Source

PayPal is improving its ability to reach innovators, adding a key executive in its recent hire of former Wells Fargo senior vice president and fintech veteran Peggy Mangot to be operating partner at PayPal Ventures, PayPal’s VC team.

Fintech 162
article thumbnail

How B2B Payments Fraud Hides Within The Enterprise

PYMNTS

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. Speaking with Karen Webster in a recent interview , OnPay Solutions President and CEO Neal Anderson explained that organizations have to prepare themselves to mitigate the fraud threat, even as employees work from home. “Everybody needs to be suspicious,” he said. “Everybody should worry that this activity is happening.

Fraud 328
article thumbnail

Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.