PYMNTS
NOVEMBER 23, 2020
Consumers are moving to digital payments and cryptocurrency in droves, and it’s inevitable that more central banks will issue digital forms of currency, PayPal CEO Dan Schulman said in a televised interview on Monday (Nov. 23). “There's no question that people are flocking to digital payments and digital forms of currency,” Schulman told CNBC’s “Squawk Box.”.
Cisco
NOVEMBER 23, 2020
As we look back on 2020, the pandemic has proven to be a clear digitization accelerator—especially in areas critical to COVID-19 response. Companies within the financial sector are going beyond the lobby and into the cloud. Some of the key benefits of embracing a cloud-managed IT solution include a decrease in time to market thanks to automation and zero-touch provisioning, the ability to simplify visibility and troubleshoot while helping IT teams get ahead of issues, and the ability to focus ex
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Jack Henry
NOVEMBER 23, 2020
Ransomware attacks and the costs to get businesses back up and running continue to increase. The hasty expansion of the remote workforce due to the COVID-19 pandemic only makes matters worse. Ransomware is the third most common malware breach and the second most common malware incident type, according to the 2020 Verizon Data Breach Investigation Report.
Perficient
NOVEMBER 24, 2020
The second half of 2020 has been an exciting period for our Microsoft team, with Forrester listing us in four reports that relate to capabilities within our Microsoft practice. These reports range in solutions and showcase the wide range of capabilities that our Microsoft practice holds, ready to help clients with any number of digital transformation needs.
Advertisement
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
NOVEMBER 24, 2020
Mobile Payments Today interviewed Holler's CMO, Sarah Aitken on a unique partnering with Stella Artois and Venmo to support the James Beard's Foundation for restaurants and businesses, #OpenForGood.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Accenture
NOVEMBER 25, 2020
For the last 20 years, the most predictable thing about the payments industry was that it was unpredictable. Disruption has been going on for so long that it’s now hard to remember what so-called “normal” times were like—and the changes show no sign of slowing down. But the disruption will not be evenly distributed, either…. The post Payments disruption is the new norm appeared first on Accenture Banking Blog.
Perficient
NOVEMBER 23, 2020
An eMarketer article reported that “US B2B Digital Healthcare Ad Spend will grow by 41.2% in 2020 to reach $848.1 million. That is the highest growth rate out of all the sectors for which we track B2B digital ad spending.” Now, I can’t say I’m surprised by this statistic. As eMarketer accurately points out, not only is there an increased demand for healthcare products (specifically PPE) within healthcare facilities, new customers have entered this vertical who have never purchased these types of
Payments Source
NOVEMBER 24, 2020
Improvements have been made in reducing the number of unbanked households over the past few years, but progress hasn't been even across different communities. There are also new obstacles coming to light, as COVID-19 drives more banks and consumers to digital channels to acquire and service new financial products.
PYMNTS
NOVEMBER 25, 2020
The age of artificial intelligence (AI) is upon us, where data feeds and models are used in the service of everything from verifying the digital identity of remote users to approving or denying a bank loan application. But Labhesh Patel , chief technical officer and chief scientist at real-time identification firm Jumio , told PYMNTS in a recent interview that AI-underpinned models are only as good as their underlying training datasets.
Advertisement
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
Bobsguide
NOVEMBER 23, 2020
The UK is a leader in the field of open banking. 2019 was a mammoth year for the country’s open banking ecosystem, when UK open banking hit one million users, regulated providers grew to 204 and there were 1.25 billion API calls. There is no doubt open banking has helped lift London into a.
Perficient
NOVEMBER 24, 2020
How a Superior Inventory Control System can impact your Supply Chain. Understanding the impact of Inventory Control is key to your business’ operation. In the post Inventory Control Solutions need a focused perspective , we discussed why you should practice Inventory Control. A top-notch inventory control system will deliver reduced overhead costs and increased throughput.
Jack Henry
NOVEMBER 24, 2020
The future of Enterprise Content Management (ECM) is upon us. In order to get the most out of the new technology and processes, you must take your legacy data and reinvent it. You won’t need any plutonium, a flux capacitor or Doc Brown to correct the data of the past. Here are some things you can do now to explore your past data and blaze into the future with your ECM data archives.
PYMNTS
NOVEMBER 24, 2020
Bitcoin continued its price climb today (Nov. 24), rising above $19,000 in the morning, CNBC reported. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different.
Advertisement
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.
Payments Source
NOVEMBER 23, 2020
Finland’s OP Financial has announced that it will be launching a biometric payment card pilot in the Nordic countries in the second half of 2021.
Perficient
NOVEMBER 27, 2020
At Perficient, we value and champion diversity. We believe that our individual differences make us stronger as a team. This post is the first in a series highlighting the many cultures that enrich our Perficient community. Be on the lookout for updates to this series over the next weeks and months! Perficient Champions Our Diverse Community. This past September, Perficient colleagues gathered for the month’s highly-anticipated social event: A Cultural Celebration Happy Hour.
Banking Exchange
NOVEMBER 23, 2020
US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research Risk Management Feature3 Feature Mortgage Fair Lending Credit Risk Compliance Management Compliance/Regulatory Mortgage Compliance Mortgage/CRE Duties Financial Research The Economy.
PYMNTS
NOVEMBER 25, 2020
The push toward digital IDs, toward tracking who’s who – and, in this case, who’s safe – may be getting a tailwind from air travel. To that end, a quintet of airlines is debuting digital health passes that certify travelers do not have the coronavirus. That passport, of a sort, will be known as CommonPass – and will certify negative COVID test results.
Advertisement
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.
Payments Source
NOVEMBER 23, 2020
Many countries are positioning themselves as a destination for fintechs seeking EU-wide licenses as the U.K. leaves the EU. Following Brexit, U.K. electronic money and payments institution licenses across the EU won’t be passportable across the EU.
Perficient
NOVEMBER 24, 2020
If you are looking to set the value of the cookies across all the controllers, you can use action filters and apply them on controllers. Action filters contain logic that will be implemented before or after a controller action is executed. They can be applied to an individual action method or the entire controller. I will give you an overview of how your ActionFilterAttribute class could look like and explain each step along the way.
ATM Marketplace
NOVEMBER 24, 2020
The end of 2020 is almost here but what are you doing to help promote the use of cash for the new year, especially at a time where contactless payments are taking centerstage?
PYMNTS
NOVEMBER 24, 2020
At a time when the global pandemic and ensuing economic upheaval have blurred the boundaries between traditional means of payment, the CEO of global payment- and banking-solution provider i2c says the biggest business opportunity ahead will be in credit, with mobile becoming the biggest game-changer. “The stars of financial services in 2021 will have something to do with credit,” i2c CEO Amir Wain told Karen Webster, saying the days of the simple checking or demand draft accounts (DDA) are over.
Advertisement
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.
Payments Source
NOVEMBER 23, 2020
HSBC for the first time is offering customers a way to send funds instantly across borders to other HSBC customers via a mobile device.
Perficient
NOVEMBER 23, 2020
In my previous post in this mini-series, I went over the creation of the Simple Workflow and its states. In this post, we will go over how to automatically place Sitecore items into the Draft state upon creation. We will cover two approaches to implementing this: setting the Draft state in the Standard Values of items or using the rules engine to assign workflow values on item creation.
Current
NOVEMBER 24, 2020
NOVEMBER 24, 2020 - Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, today announced it has raised $131 million in Series C funding. New investor Tiger Global Management led the round for the mobile bank, which has now raised over $180 million in total funding and has a valuation of $750 million. The new capital follows a year of exponential growth for Current, which has doubled its member base in less than six months to surpass two million members.
PYMNTS
NOVEMBER 25, 2020
Financial firms expect that the cost to defend against cyberattacks will continue to increase in 2021, according to Bloomberg , citing a survey done by Deloitte & Touche LLP. The survey, which will be released in December, reports that 64 percent of executives at financial companies ranked cybersecurity as their top concern in expected budget increases.
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.
Expert insights. Personalized for you.
357 
Let's personalize your content