Payments Dive
AUGUST 25, 2020
Cash and digital payments shouldn't be mutually exclusive, according to Steve Villegas, VP of Payment Partnerships, North America at PPRO. He shares his thoughts on how COVID-19 has impacted cashless society and why it shouldn't leave behind the unbanked.
Payments Source
AUGUST 24, 2020
The digital banking and payments wave needs more cloud computing and less hardware, says Ripple's Marcus Treacher.
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Perficient
AUGUST 25, 2020
Perficient Colleagues Share How to Build a Successful Career in Technology. We recently asked the Women in Tech group at Perficient what advice they would give for a woman hoping to build a career in the technology industry and their thoughtful advice was both inspirational and actionable. . Demonstrate Expertise. Laura Kenny, talent acquisition boordinator.
Accenture
AUGUST 26, 2020
In my last post, I talked about the importance of identifying and measuring the right key performance indicators (KPIs) to track the success of Open Banking initiatives. We introduced the various forces that have contributed to the capabilities a bank needs to deliver successful outcomes from its Open Banking initiatives. Today, let’s focus on some….
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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
Payments Dive
AUGUST 28, 2020
Bitcoin has been a part of the financial marketplace for some time and has grown in popularity, especially amongst millennials and the unbanked. Marc Gren, co-founder and president of DigitalMint shares his thoughts on this topic.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
AUGUST 28, 2020
Web Push Notifications are supported by all modern desktop browsers and Android mobile devices. With better view and click through rates and less regulatory hurdles then email, they have become a popular channel for digital marketers trying to reach their audiences. A brief introduction to Web Push Notifications. To leverage Web Push Notifications, you need to request permission from your visitor to “Show Notifications.” Once the permission has been granted, encryption keys are excha
Accenture
AUGUST 24, 2020
In my previous post, I highlighted three overlapping phases of the looming credit crisis and the implications for banks. As I mentioned recently on the World Economic Forum’s COVID Action Platform (Accenture leads the WEF’s COVID-19 Banking and Capital Markets Industry Action Group), the next few months will likely see the weight of activity shift….
Payments Dive
AUGUST 28, 2020
Bitcoin has been a part of the financial marketplace for some time and has grown in popularity, especially amongst millennials and the unbanked. Marc Gren, co-founder and president of DigitalMint shares his thoughts on this topic.
PYMNTS
AUGUST 27, 2020
Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg. The news outlet cited a report from Night Lion Security , which looks into companies' vulnerable points. It found that criminals are using automated tools to mass-check for Fortnite accounts from hordes of stolen identities from recent data breaches.
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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
Perficient
AUGUST 26, 2020
COVID-19 has completely changed the way B2B businesses sell products to customers. Traditionally a buyer would experience the product and its features first-hand, determine if the product will meet expectations, and make purchases in an office setting. Unfortunately, the ability to safely go through that process is not an option during these unprecedented times.
Abrigo
AUGUST 27, 2020
Key Takeaways FinCEN and federal regulatory agencies have been increasingly transparent in the first three quarters of 2020. Regulatory agencies understand that these are different times and are prepared to be more flexible in their examination. Regulators have determined there are five top hot topics that institutions should expect during their next exam.
Payments Dive
AUGUST 25, 2020
Cash and digital payments don’t have to be mutually exclusive; this is not a zero-sum game as the two payment options can exist together.
PYMNTS
AUGUST 28, 2020
U.S. and Canadian banks are all but certain to cut personnel costs as the COVID-19 shock gives way to more long-term economic problems, even though the CEOs of some banks pledged this past spring to not lay off employees, per sources as reported by Reuters on Friday (Aug. 28). Industry experts cited by Reuters attribute their predictions to factors including low interest rates, credit problems among potential borrowers and efficiencies generated by work-from-home programs.
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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.
Perficient
AUGUST 26, 2020
In a comment on my previous post Apache Sling JVM Performance , Gil Tene made an insightful comment about the potential possibility of performance impact from speed from the underlying environment or other tests. To accommodate for this possibility, I re-ran the tests inside a loop, randomizing order of the JVM execution for each iteration 25 times.
Abrigo
AUGUST 27, 2020
Key Takeaways FinCEN and federal regulatory agencies have been increasingly transparent in the first three quarters of 2020. Regulatory agencies understand that these are different times and are prepared to be more flexible in their examination. Regulators have determined there are five top hot topics that institutions should expect during their next exam.
Bobsguide
AUGUST 26, 2020
The pressure is on for financial institutions (FIs) to adopt climate risk models as regulators and shareholders zero in on environmental, social and governance (ESG) factors. “[Climate risk assessment] is absolutely going to be required to be done, but we’re seeing the banks moving.
PYMNTS
AUGUST 23, 2020
Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg. The amount of the fund being $2 billion would make it one of the largest in the field, Bloomberg reported. It could help Goldman Sachs court bigger investors and investments. SoftBank 's Vision Fund has $100 billion, but otherwise, not many firms have investment funds in the billions.
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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.
Perficient
AUGUST 24, 2020
Hello all! Before you begin reading, keep in mind that this tutorial is designed for beginners. As such, it covers every step without skipping parts that might be obvious to some. This tutorial is made possible thanks to Josh Kostal, who taught me majority of what is covered in this post. The reason you have to undergo such a tedious process to create the initial folder structure is because simply creating folders in the File Explorer will not be mirrored inside the Visual Studio.
Payments Source
AUGUST 27, 2020
With consumers and merchants alike sharing the need to be paid faster, the case for adopting real-time payments globally has quickly advanced during the COVID-19 pandemic.
ATM Marketplace
AUGUST 28, 2020
A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company should a major data breach occur?
PYMNTS
AUGUST 28, 2020
MGM Resorts International CEO William Hornbuckle delivered bad news to his 18,000 furloughed U.S. employees on Friday (Aug. 28): They will not be invited back to work. The Wall Street Journal reports that the layoffs represent 25 percent of the company’s pre-COVID workforce of 68,000, as the global travel slowdown continues to hurt the casino industry’s recovery from COVID-19.
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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.
Perficient
AUGUST 25, 2020
Recently, Perficient’s Scott Albahary , Chief Strategist of Financial Services, and Arvind Murali , Chief Strategist of Data Governance, presented a webinar that discussed what it takes for banks and insurance companies to acquire and retain customers. The key, they say, is to create a 360-degree view of customers. Without a holistic view, a company can never truly personalize advice and offers, resulting in lost opportunities.
Payments Source
AUGUST 28, 2020
Mastercard is entering the cashierless checkout fray with a spate of pilots it’s launching at convenience stores and drive-through QSRs including Circle K, Dunkin’ and White Castle.
BankBazaar
AUGUST 27, 2020
You’ve been loyal to your plastic friend for close to a decade now, but are increasingly beginning to feel that it’s not giving you as much in return. Here are clear signs that you need to switch to a different Credit Card. You’ve been dependent on your Credit Card for close to a decade now and have gone the distance in making payments on time, and monitoring your statements to keep them free from errors and suspicious charges.
PYMNTS
AUGUST 24, 2020
Trimble has announced new upgrades for its TMT Service Center and TMT Fleet Maintenance solutions, including faster payment options and more visibility, according to a press release. Renaldo Adler , industry principal of asset management for Trimble Transportation, said the new ideas are intended to bolster services for the new COVID-19-based environment for businesses.
Advertiser: Data Robot
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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