Sat.Nov 14, 2020 - Fri.Nov 20, 2020

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Location verification can prevent QR code fraud

Payments Dive

Mobile Payments Today interviewed André Ferraz, the CEO and co-founder of Incognia, a private identity company that provides fraud prevention by using frictionless identity location verification.

Fraud 448
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How to Make Sure Your Disaster Recovery Plan Is Effective

Jack Henry

I really enjoy writing. So, when the opportunity to put down some words of wisdom presented itself, I jumped at the chance. But, what to write about? Let’s start with a simple question: What is the state of your financial institution’s (FI’s) mental health?

How To 174
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Mobile cash technology: Get cash from the ATM, but leave the debit card home

ATM Marketplace

ATM Marketplace spoke with John Clatworthy, SVP, chief customer and strategy officer for Cash Connect on mobile cash technology and how customers can access their cash without using their debit card.

ATM 104
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Why ISO 20022 is a seismic shift for payments

Accenture

There’s no two ways about it: ISO 20022 is a complex new standard for financial services firms of every description. Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. We can see why by looking at the ISO 20022 message format, which neatly encapsulates the high-level impact of the new standard.….

Payments 545
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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

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Can blockchain transform cross-border payments?

Payments Dive

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments?

More Trending

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Vintage Toys Aid In Happiness Recovery

PYMNTS

The word “nostalgia” entered the English language by way of ancient Greek. “Nostos” means “home” and “algos” means “pain.” It was invented to describe feeling homesick. Concepts like “homesickness” are taking on new meanings in 2020, as that chair, that table or that tiny crack in the wall are making us all slightly crazy after 10 months, and winter is setting in.

Training 342
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Emerging tech in equipment finance: Hype or reality?

Accenture

When it comes to whether emerging technologies like artificial intelligence (AI) and blockchain are practical for equipment finance, it depends on the application. That was the key takeaway from the recent ELFA 2020 Business Live! virtual convention panel discussion I had the fortune of being a part of. I joined host Deb Reuben of TomorrowZone and fellow….

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Navigating a Challenging eCommerce and QSR Payments Environment

Payments Dive

More than ever, merchants need an alternative to the card networks to meet the needs of an evolving customer base. Today’s consumers have embraced a “mobile-first” payments philosophy, and are looking to pay in a fast, simple, and secure way.

Payments 307
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3 Perficient Healthcare Projects Awarded for Consumer-Centric Excellence

Perficient

Perficient is pleased to announce that our work for Woman’s Hospital and Henry Ford Health System has gained recognition in the 2020 eHealthcare Leadership Awards. Woman’s Hospital Home Page Designed for All Women. Woman’s Hospital | Best Internet Home Page – Hospital, under 200 beds, Gold. Transforming content organization and leveraging a broader color palette, the Women’s Hospital home page is designed for clear navigation and mobile and desktop usability.

System 493
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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

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Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal

PYMNTS

African FinTech Chipper Cash has landed a whale of an investor. Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. And among the investors was none other than multibillionaire Amazon Founder and CEO Jeff Bezos, who participated through Bezos Expeditions, his personal venture capital fund.

Fintech 332
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Why You Need to Resolve Your Credit Union’s Technology Limitations

Jack Henry

There’s little doubt that a robust digital banking platform has become a necessity for credit unions. It’s important for attracting and retaining members now that branches have limited hours and many normal routines of lobby-based banking have been interrupted. But this is more than an interruption. The “good-old days” of lobby-centered banking may be gone forever.

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UK fintechs poised to save credit-starved SMEs

Bobsguide

Viable businesses in Britain will require more low-cost finance for investment if they are to survive the blows of the pandemic – and it must come in the form of a “major commitment from the financial services industry”, warned the Governor of the Bank of England Andrew Bailey in a.

Fintech 168
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Securing Teams with built-in apps in Microsoft Endpoint Manager

Perficient

With about 42% of the U.S. labor force working remotely, managing devices has become more important than ever. Luckily, Microsoft has made great advancements in device management capabilities, many of which we’ll discuss today. In this blog, we’ll go over four main areas of Endpoint Management: Creating an app deployment. Securing the app (conditional access with MFA).

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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.

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Brazil Upgrades Real Time Payments Rails, Goes Live With PIX

PYMNTS

Real-time payments continue to gain traction around the world. Case in point: Brazil. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. It will be fully operational starting Monday (Nov. 16) and has already processed 10 million transactions a day.

Payments 328
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Visa pilots card-not-present security app with Michigan State University FCU

Payments Source

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

Michigan 163
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The costs of a coronavirus: Tips for re-evaluating tech spend in a pandemic

Bobsguide

With the global pandemic came a global need to reorganise, replan and rethink spending for businesses across industries, as the impact of lockdowns and changing consumer behaviour was felt. While IT costs are just one element of business budgets, technology now underpins the effective function of.

Industry 165
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Using New Built-in Polls in a Teams Meeting

Perficient

One new update that may have flown under your radar is the new built-in polls feature in a Teams meeting. In today’s article, I’ll be covering this cool new feature and show you how you can start using polls in your meetings! Step 1: Schedule your meeting. Let’s start things off in the Microsoft Teams client Calendar tab. Let’s create a meeting and add some attendees.

Meeting 340
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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.

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Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales

PYMNTS

Shopify has expanded its payment options for merchants with a new partnership with Alipay , China’s payments app. The deal will unlock “the power of cross-border commerce for Shopify’s merchants,” Shopify said in a press release that called Alipay “Asia's leading digital wallet platform.” The new payment option will ”allow Shopify merchants to seamlessly accept payments through Alipay from more than one billion annual active users in China alone — and, in the future, hundreds of millions more ac

Payments 326
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Contactless payments rise from pandemic lows, but mall foot traffic still weakened

Payments Source

In addition to monitoring the spike in contactless payments because of the COVID-19 pandemic, Verizon Business has also cited the expected decrease in foot traffic at the largest malls in the U.S. through its mobile data metrics.

Payments 153
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Go Green. Save Money.

BankBazaar

Going green not only protects the environment, but it can also help you save money and expand your wallet. Apart from the environment-friendly tips mentioned below, why don’t you go the extra mile in keeping our planet greener and cleaner by opting to go paperless? The good news is that we’ve adopted the 100% paperless route for most of our financial products.

US 139
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Baseline Certifications for Professionals working in the M365, Power Platform, and Azure spaces

Perficient

Baseline Certifications for Professionals working in the M365, Power Platform, and Azure spaces. Anyone selling, designing, delivering, or supporting Microsoft services in the M365, Azure, or Power Platform (I will call this Microsoft Cloud below) should consider studying for and obtaining the three ‘Fundamentals’ certifications from Microsoft.

Course 332
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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.

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Mastercard Embraces Existing Rails To Drive B2B Payments Value

PYMNTS

When it comes to global B2B procurement, nothing is simple. For example, suppose a huge global consumer packaged goods (CPG) conglomerate wants to introduce a new shampoo. To do so it needs new supplies of palm oil, and a new supplier in Indonesia has the right quantity and the right environmental profile. Said CPG company would need to onboard the new supplier, which in the past could be a 90-day process full of you’re your customers (KYC) regulations and other laborious processes.

Payments 320
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Jack Dorsey’s Square invests $18 million in Italy’s app Satispay

Payments Source

Square Inc., the payments company run by Jack Dorsey, is among new big investors in Italy’s mobile digital payment platform Satispay SpA, in a move aimed to expand its operations across European markets, according to a statement by Satispay.

Mobile 148
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How Open Banking can help SMEâ??s grow and thrive

Bobsguide

In September the UK’s Open Banking implementation body (OBIE) announced a significant uptake in the number of Open Banking service uses in the UK, with over two million people now benefiting from Open Banking products. This represents a 100 percent increase in users in just over six months.

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Restoring production DXP content for local Episerver development

Perficient

While developing new features in Episerver CMS, it can be incredibly useful to have a local copy of the production content. Here are the steps required for extracting content from Episerver’s DXP platform and restoring it into your local environment for development. Step 1: Request a database backup from the PaaS portal. The first step in the process is the only one you can’t fully control.

Data 332
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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.