Sat.Oct 17, 2020 - Fri.Oct 23, 2020

article thumbnail

Adjust report identifies 3 trends in mobile finance to keep an eye on

Payments Dive

As mobile finance takes up an ever-more central part of our daily lives, understanding the benchmarks and trends from within this fast growing vertical is more vital than ever. In order to answer these questions and more, Adjust has partnered with app Intelligence platform Apptopia to create the Mobile Finance Report 2020.

Trends 542
article thumbnail

5+ Areas Financial Institutions Must Focus on in the Current and Post-COVID-19 Era

Perficient

We have been talking about digital transformation for over 10 years, and the financial industry has been leading the change, albeit at its own pace. This year COVID-19 has been a major disrupter, immutably altering the traditional brick and mortar channel. Financial institutions must begin now to prepare a solid 2-year plan to manage this transformation; otherwise, they will lose ground to new competitors entering their footprint.

Video 520
Insiders

Sign Up for our Newsletter

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

article thumbnail

Your journey to cloud: How to select your provider(s)

Accenture

In my previous post in this series on the journey to cloud, I looked at the guiding principles that can help your organisation navigate its route. With those in place, the next step is to select your cloud service providers. I’ve made that the focus of this latest post. When adopting cloud, it’s important to…. The post Your journey to cloud: How to select your provider(s) appeared first on Accenture Banking Blog.

How To 329
article thumbnail

Trepp’s Review and Outlook on Commercial Real Estate Market

Abrigo

Key Takeaways Trepp's head of Commercial Real Estate Finance outlined the current CRE market and looked at the future of CRE during Abrigo's recent ThinkBIG conference. The overall CMBS delinquency rate in September declined from a near peak rate earlier this year. Forebearances rose in September, topping $31 billion. The pandemic's impact on CRE. This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here.

Marketing 312
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

Millennials Will Lead The Voice Commerce Revolution

PYMNTS

Consumers across all age demographics have radically realigned their lives over the last eight months. To say that we aren’t quite the same people we were a year ago might seem overly dramatic. Still, the 2020 edition of the PYMNTS | Visa How We Will Pay consumer survey of a national sample of roughly 10,000 U.S. consumers confirmes that consumers, in fact, have changed.

More Trending

article thumbnail

Digitise for Efficiency and Agility

Accenture

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. We saw in the previous blogs that every bank can be mapped on our DMI-CRI matrix, with each falling into one of three segments: Disrupt for Growth Digitise for Efficiency and Agility Restructure to Survive In this blog,…. The post Digitise for Efficiency and Agility appeared first on Accenture Banking Blog.

Marketing 284
article thumbnail

Summit shows Del Taco, Starbird, Coolgreens, Junzi Kitchen embracing mobile pay

Payments Dive

Mobile payments have been a lifesaver for so many restaurant brands over the last eight months, when keeping physical contact to a minimum has been the order of the day. In a Fast Casual Executive Summit session, four restaurant leaders discuss the future of payments, mobile and otherwise.

Mobile 270
article thumbnail

PayPal Becomes Latest Big Tech Firm To Hop On The Crypto Bandwagon

PYMNTS

PayPal has announced that it is jumping into the wild world of cryptocurrency , making it possible for wallet holders to buy, sell and hold cryptocurrencies like bitcoin, ethereum, bitcoin cash and litecoin in their PayPal accounts. And starting in 2021, they will be able to spend their crypto caches with any of the 26 million merchants currently accepting PayPal.

article thumbnail

What Businesses Should Expect for Commerce This Holiday Season

Perficient

Before we could blink, summer ended, and the holiday season is now just around the corner. The COVID-19 pandemic has already impacted several facets of digital commerce, and many businesses will have to make certain adjustments as holiday spend continues to move online. Here are some tips that will prepare your business for the digital holiday commerce season.

Online 484
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

Treasury APIs | How market leaders are paving the way

Accenture

In my last post, I explained how Open Banking and treasury application programming interfaces (APIs) are a win-win for both banks and their corporate clients in better meeting their business needs and operational goals. According to Accenture Research, 77 per cent of European banks, 72 per cent of North American banks and 61 per cent…. The post Treasury APIs | How market leaders are paving the way appeared first on Accenture Banking Blog.

Marketing 273
article thumbnail

The Value of Pre-Authorization Screening

Payments Dive

Key stakeholders in the online payments ecosystem are rethinking the way payments are processed, with a renewed emphasis on linking digital identity back to the human behind the transaction in advance of the card network's authorization stage which we refer to as pre-authorization.

Cards 284
article thumbnail

Why Amazon Created A Separate Brand For Designer Fashion

PYMNTS

Shopping is increasingly done remotely, but when it comes to luxury goods, appealing to high-end consumers requires personalized digital connections and a memorable experience, Zornitza Stefanova , founder and CEO of global luxury-shopping platform BSPK told PYMNTS. Whether that comes in the form of video, live chats or being on a first-name basis with a personal retail adviser, it’s all about personalization and the relationship. .

Branding 328
article thumbnail

An Introduction to Lightning Web Components

Perficient

In Salesforce, Lightning Web Components (LWC) are a revolutionary change in the lightning platform programming paradigm. If you are new to Lightning Platform and you have been developing solutions outside of Salesforce with the help of HTML and JavaScript, then you will find LWC is a piece of cake. In this blog, we will be covering the following aspects: What is LWC?

US 364
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

How banks can leverage the potential of data in cash management and treasury

Bobsguide

Data has been a hotly discussed topic in the banking world for some time now. And as firms learn to adapt to the latest pandemic pressure – whether that be new working environments or unprecedented levels of market volatility – the need for real-time visibility of their data has.

Data 211
article thumbnail

Synthetic Identity eBook

Payments Dive

In this eBook, you will learn why synthetic identities can be difficult to detect.

eBook 302
article thumbnail

Coupa, American Express Team On Virtual Cards

PYMNTS

American Express is working with Coupa on a new partnership to use virtual cards for Coupa's B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx's virtual cards, in a move meant to streamline the old payment processes which the release calls "outdated, complex, and inefficient.". The move toward virtual cards comes with a rising demand for work-from-home solutions, more popular now during the pandemic.

Cards 319
article thumbnail

Four Microsoft 365 network connectivity principles you need to know (Part 2 of 4)

Perficient

Welcome back to our “Four Microsoft 365 network connectivity principles you need to know” blog series, it has been almost 2 months since the first article (sorry for the large gap), so if you haven’t had a chance to read the first blog, you can check it out here. Last time we talked about the first network connectivity principle which involved optimizing your network traffic.

Security 340
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

Data challenges persist with SFTR buyside go-live

Bobsguide

With the Securities Financing Transactions Regulation (SFTR) for the buyside now live, reconciliation issues linger from July’s implementation date. “People have been getting generally very good matching rates on the primary matching for SFTR, but there’s lots of work to move on.

Data 178
article thumbnail

Powell says Fed's digital currency should complement payments system

Payments Source

Other central banks have considered phasing out cash as they explore digital currencies. Should the idea take hold in the U.S., Federal Reserve Chairman Jerome Powell said it would not replace the physical dollar.

System 167
article thumbnail

European Banking Federation On The EU’s Shift To Digital, Data-Driven Financial Services

PYMNTS

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Data 317
article thumbnail

How to Better Serve Your Clients with Automated Fulfillment Systems

Perficient

The goal of each business is to meet and exceed customer expectations by accurately fulfilling orders even when against extreme demand. Many organizations choose to fulfill with at least one manual rules-based approach based on factors like proximity. While this may seem like an ideal solution, there are automated supply chain methods companies can implement that benefit both businesses and consumers.

System 324
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 Ultimate Guide To Insurance Claims For Flood-Damaged Cars

BankBazaar

Natural calamities come without a prior notice. Let’s take a look at how Insurance with adequate natural calamity cover makes it easier to tackle the losses suffered. Here’s your quick guide to claiming insurance for your flood-damaged car. The continuing heavy flood in Godavari river has already affected over 74,000 people in parts of East and West Godavari districts in Andhra Pradesh.

Policies 158
article thumbnail

Pandemic forces UK dispute resolution rethink

Bobsguide

The disruption and financial pressures caused by the pandemic are likely to give rise to some common challenges for businesses across sectors, whether the problem concerns a supplier or a customer. While each case will require specific advice, parties should be generally aware of some recent changes.

151
151
article thumbnail

Plaid 'Surprised' At TD Bank's Lawsuit Alleging It Tricked Consumers

PYMNTS

Plaid is denying that it has used TD Bank 's logo to dupe customers into sending information it could monetize, a report from The Globe and Mail says. Plaid said it’s also disappointed that TD Bank has filed a lawsuit against it in the case, saying Plaid's role in transactions is “made clear” to customers. Plaid's software includes helping popular apps like Venmo , Coinbase , Square and Stripe access bank and credit card info, and the company says they “have been working with TD for quite some t

article thumbnail

Showcasing the Perficient Culture One Trivia Question at a Time

Perficient

Question: What is one of the best things about working at Perficient? Correct Answer: Our incredible culture and the people who live it! Company culture is all about the people who create it and live it every day. Examples of Perficient’s collaborative and engaging culture can be found across all offices, and our Chicago office is no exception. Over the past few months, this team has participated in Green Team meetings , a penguin watch, a team cook-off , and more.

Chicago 322
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.