Perficient

AUGUST 20, 2020

There are some real cool cats around Perficient — and for once we’re not talking about our colleagues! Fur the fun of it, our colleagues shared photos of their four-pawed felines and we wanted to take a moment and appreciate the cats who make sure our work is up to scratch. . Finding Paw-sitivity in Remote Work. All bad puns aside, this year has shown more than ever the benefits and distractions that come with remote work.

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Community Training US Innovation 539

Payments Dive

AUGUST 18, 2020

Millennials have grown up with technology and generally avoid traditional credit cards in favor of digital payments. Tim Harris, CEO of FuturePay outlines how to interest this group in digital revolving credit solutions.

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Millennials Groups Cards How To 476

Accenture

AUGUST 19, 2020

Open Banking has become a global movement driven by regulatory, customer and ecosystem forces, each shaping the outcomes of a bank’s Open Banking initiatives. In order to deliver these outcomes, realize the full value from Open Banking, as well as keep improving their offerings, banks need to measure and monitor not only the key performance…. The post Open Banking: Measuring success to drive value appeared first on Accenture Banking Blog.

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South State Correspondent

AUGUST 17, 2020

Without approving the HEALS or HERO Acts, Congress gave little reason for banks to delay their Paycheck Protection Program (PPP) Forgiveness program. As such, many banks, like ourselves, launched on the 10 th. With one week of testing and one week of processing, we thought it might be helpful to give an update that can hopefully inform your process.

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Data 448

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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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Perficient

AUGUST 17, 2020

As usual of my blog – the following anecdote unfolds the subject of my blog.…. Have you met oxymoron characters? I have and I am going to describe an incident in one such character’s life: I know a balding old gentleman who is stung by an oxymoron combination of OCD (Obsessive Compulsive Disorder) and absent mindedness. This man had peculiar habits one being carrying anything and everything tucked in newspaper folds to safeguard them from crumpling.

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Metro System Security Online 539

Accenture

AUGUST 17, 2020

The likelihood of a quick, V-shaped COVID-19 economic recovery is fading in many countries. The impact of the downturn—lower incomes, further job losses, diminished demand and more—is likely to endure, driving many consumer and business borrowers into default. A torrent of delinquencies will cause a new credit crisis that is likely to swamp but not….

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Management 349

PYMNTS

AUGUST 21, 2020

More than $50 billion of cryptocurrency was transferred from virtual wallets in China to other parts of the world last year, a potential violation of the nation’s strict limits on how much money can be sent abroad, according to a new report. While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance

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cryptocurrency Report Regional Capital 349

Perficient

AUGUST 19, 2020

Due to COVID-19, dog shelters need more help than ever before, as more people are looking to adopt and foster pets for companionship as quarantine progresses. One of these shelters is the Hood River Adopt A Dog shelter in Oregon. Kurt Heslop, lead technical consultant, started volunteering at the shelter in April 2018 to spend time with dogs, but it soon evolved to much more than that after joining the Board of Directors in December 2019.

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Technology Oregon Community Training 539

Payments Source

AUGUST 18, 2020

By slicing clutter out of international payments, Ripple managed to turn rivals into partners once before. It hopes a hunger for sharable authentication can make that happen again.

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Company Management Payments blockchain 218

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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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Accenture

AUGUST 17, 2020

No matter what job you have, time is your most precious resource. For relationship managers (RMs) in commercial banking, this is certainly true. RMs are the backbone of a bank’s relationship with its customers, and if they don’t have the time to properly support these customers, the bank as a whole suffers. That’s why we’ve…. The post Banks should capitalize on saved time to empower RMs appeared first on Accenture Banking Blog.

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PYMNTS

AUGUST 18, 2020

Google is asking the Federal Communications Commission (FCC) for permission to hold radio experiments “in and near the 6 GHz band,” according to a recent filing with the agency. The tech company said in the filing that it “proposes to conduct experimental propagation testing in the 6 GHz band to produce technical information relevant to the utility of these frequencies for providing reliable broadband connections.”.

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Google Video Technology Security 349

Perficient

AUGUST 20, 2020

Over the past five years, SEO has become an increasingly more important channel for acquiring new customers. The advent of COVID-19 has only accelerated that trend, as people spend more and more time online. That impacts all types of healthcare companies, including providers, insurers, device manufacturers, and pharmaceutical companies. In this post, we’ll discuss some of the top challenges in the healthcare space and how to deal with them effectively.

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Google Examples Trends Tools 452

Bobsguide

AUGUST 21, 2020

“If our CEO came to us and said ‘right, we want to rapidly digitalise this bank so that we do everything that we do today only through digital channels,’ we would have sized that and said we're going to have to stand up multiple programs, it's going to take us 12 to 18.

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Retail US 190

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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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Payments Source

AUGUST 20, 2020

Unicomer Group, Latin America’s equivalent of Best Buy, has teamed up with YellowPepper to develop a digital credit app that acts as a financial services center for underbanked and unbanked consumers.

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Branding Retail Groups America 170

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 percent overall last month, but down from the 8.4 percent growth in June. Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent overall in a trailing 12-month period, and that businesses had mostly recovered all of the losses that had been incurred in the March-through-May lockdown.

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Perficient

AUGUST 16, 2020

If you’re part of an organization, there is a very good chance that you have some type of phone system that you use on a daily basis. However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. Recently the FCC (Federal Communications Commission) has announced some drastic changes to how E-911 must function.

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Bobsguide

AUGUST 18, 2020

Incumbent retail banks who have not yet developed a progressive digital strategy face significant cost pressures in the coming years, according to industry panellists in an online event today. “Look at Facebook, Google, Amazon and so on who have been constantly updating.

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Retail Digital Strategies Google Strategy 175

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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.

Lending

Payments Source

AUGUST 18, 2020

A pilot program that would let banks, credit unions and challenger banks bid to offer financial services within rural and inner-city post offices could be a first step in serving the underbanked while also helping to shore up the U.S. Postal Service's finances.

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PYMNTS

AUGUST 16, 2020

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The plan will come with a large number of cities in which to test the currency, including Beijing and the provinces Tianjin and Hebei in the north, the Yangtze River Delta to the south, and the Guangdong province and the neighboring cities of Hong Kong and Macau along the country’s prosperous southern coast, WSJ reported.

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Perficient

AUGUST 21, 2020

For those of you who weren’t aware, Sitecore 10 has made it into the community as of last week which makes this a great time to start learning about it on our blog. For inspiration, here are some new things that Sitecore 10 brings to the table: Container support. Headless development with ASP.NET Core. Sitecore CLI for serialization. New EXM email templates.

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Marketing Automation Community Marketing 340

BankBazaar

AUGUST 17, 2020

India’s fascination for this precious metal only seems to be growing. Jewellery? Sure! Investment option? Not so sure, right? Here’s all you need to know. Not too long ago, gold was used as the primary currency in many places around the world. Times have changed and that is no longer true. However, gold is still a solid, long-term investment and might just be a valuable addition to your portfolio.

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Strategy Marketing Security Management 148

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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.

Lending

Payments Source

AUGUST 21, 2020

Wirecard, which is trying to sell pieces of its embattled company while rivals pick up its clients, has struck a deal to sell its U.K. division, Wirecard Card Solutions, to Railsbank, an open banking and payments technology firm.

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Cards Technology Payments Company 160

PYMNTS

AUGUST 16, 2020

Berkshire Hathaway ’s unloading of billions of dollars from bank stocks is exacerbating the hurt on the nation’s biggest financial institutions, Reuters reported. Warren Buffett, the company’s chairman and CEO, has sold shares of Wells Fargo and J.P. Morgan Chase and dropped an investment in Goldman Sachs. Based on its second quarter filing with the Securities and Exchange Commission, Reuters reported Berkshire reduced its Wells Fargo stake by 26 percent to 237.6 million shares, lowered its sta

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Perficient

AUGUST 21, 2020

Let’s say it has been ten years since you last implemented your self-service customer portal and it’s starting to show its age. A lot has changed in the portal space since that time and you want to consider a new platform to support your ongoing digital transformation efforts. As you start to research what’s available in the market, you find that there are hundreds of potential systems, all at different price points and all that claim to be the best solution.

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Bobsguide

AUGUST 18, 2020

Large incumbent banks are more likely to build artificial intelligence (AI) capabilities inhouse rather than outsource them, according to Kevin Levitt, global industry business development at NVIDIA during an online MoneyNext Summit panel today. Lewitt referenced an AI in banking survey currently.

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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.

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