Sat.Dec 19, 2020 - Fri.Dec 25, 2020

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Top 10 Credit Cards For 2021

BankBazaar

Want to start 2021 on the right financial note? Here are the top 10 Credit Cards that can help you do just that! It’s been a rough 2020! Start the New Year by choosing the right Credit Card! That’s exactly why we’ve picked some awesome cards for you. Whether you’re looking for free petrol, easy application processes, lifetime-free cards or never-expiring rewards, this list covers it all!

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Banks are Learning to Deliver a Smarter Bill Pay Experience to Customers

ATM Marketplace

Financial institutions are learning that a smarter bill pay experience is personal for the customer and offers guidance and real-time insights. Brad Jones is Vice President and General Manager of the bill pay solution suite at Fiserv. He shares his insights and thoughts for developing next generation bill pay capabilities

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Shall We Chat? Using Chat to Engage and Sell a Customer

Payments Dive

Mobile Payments Today interviewed Hannes Van Rensburg, chief commercial officer for Clickatell's on the subject of chat commerce. Hannes shares his thoughts regarding this unique type of commerce and what it could mean to the mobile payments industry moving forward

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6 Keys to Success in your Adult Life

Perficient

As this year winds down to its conclusion, we start to look ahead. We are compelled to perform retrospectives and see how they measure up to our keys to success. Thinking of this, I am reminded of a keynote speech that I had heard when I was being recognized for achieving the rank of Eagle at a council dinner for the Boy Scouts of America. The Speaker was a successful businessman and an avid pilot.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Outside-in lens—four key principles for the future of banking

Accenture

So far in this blog series we’ve talked about how an outside-in approach to banking can help Australian banks convert the current threats and challenges into opportunities. We believe this bold approach to shaking the status quo will be guided by four key principles: 1. Be married to nothing. 2. Re-establish trust with customers. 3.…. The post Outside-in lens—four key principles for the future of banking appeared first on Accenture Banking Blog.

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The Secret History of a Small Town Gas Station and the Lifelong Fintech Lesson It Taught Me

Jack Henry

If you find yourself in Cedar Falls, Iowa, head to First Street and pop into The Music Station. And yes, if you're a Jack Henry customer, you might find yourself in Iowa. After all, Cedar Falls is the birthplace of the Banno Digital Platform. So what is this mysterious gas station? Today, it's just a regular two-pump station in a college town on one of the main streets.

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Know My Industry: The Business Value of Experience Design (Part 3 of 8)

Perficient

This is the third in a series of blog posts sharing the results of our study on the business value of experience design. In this post, we explore the value of knowing the industry: Applying the unique demands and challenges that the industry category brings to remain competitive and relevant. In 1944, British grad student John Hellins Quick wrote a detailed technical description of the Turbo Encabulator, a device “to measure inverse reactive current in unilateral phase detractors with display o

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X Factor: Can Singapore be green finance’s Silicon Valley?

Accenture

This series of blogs looks at the opportunities and challenges associated with green finance in Southeast Asia, and draws on a recent position paper “Green Finance in Singapore and ASEAN: Opportunities and Challenges” by EuroCham Singapore and Accenture. In recent years, Singapore has positioned itself as Asia’s home for green – or sustainable – finance.….

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Apple Aims At Debuting Car In 2024

PYMNTS

Apple is advancing its self-driving car project, according to a Reuters report, and will look at debuting a new product by 2024 that could also come with new battery technology. Project Titan, the Apple automotive effort, has been working on a self-driving vehicle sporadically since 2014, working from scratch. Apple hasn't always kept up with it, sometimes drawing back to focus more on the software the company is known for, Reuters reported.

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New York Lien Law Essentials: 5 Key Facts for Commercial Lenders

Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

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2020 GonzoBanker Awards

Gonzobanker

“I learned a long time ago that reality was much weirder than anyone’s imagination.” – Hunter Thompson. “This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Well, HST and Big Bird had it right. Anybody who ever again says they have seen it all loses all future cred at Cornerstone.

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Byte-3 – Data is the new Tofu ,Data Architecture Modernization

Perficient

Data is the greatest asset for any organization. Data architecture modernization provides the ability to understand the information effectively, use the data efficiently for market growth, create new revenues, and gain customer satisfaction. . In today’s world, Data leaders are playing a vital role, and here are the top 10 things they are looking at in every data modernization journey. .

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How TIAA Bank acts like a fintech to push digital payments

Payments Source

Even with the pandemic's dramatic shift to online commerce, TIAA Bank's Claudia Tabacinic says there's still room to migrate consumers, and lingering reluctance to embrace new technology.

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’Twas The Night Before COVID Christmas

PYMNTS

’Twas Christmas with COVID, We were all stuck at home. Can’t go out, it’s not safe, We’re advised not to roam. The holiday Zoom calls have been scheduled with care, To talk to the relatives who cannot be there. . The children are nestled asleep in their beds, As visions of PS5s dance in their heads. Ma on her mobile and me on the tablet, Spent Christmas Eve cementing our new digital-first habits. .

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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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4 Tips to Marketing Your Digital Banking Suite

Jack Henry

The beginning of a new year has traditionally been the perfect time to market your digital banking to help people get financially organized. But when planning to promote digital banking this year, the idea of financial resolutions might not connect in quite the same way. Digital banking in 2020 has shifted our priorities, and people’s financial lives are more in question than ever.

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Byte-2 – API as a Product

Perficient

Every organization is maximizing its values by enabling data consumption through API. API’s are everywhere, and it’s an integral part of all the applications that we use today. . It’s essential to manage those API as a product. Here are a few tips/suggestions/questions that you need to consider how we approach API product management. . Key takeaways you to consider from the beginning of API product journey : .

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Risk rise in pandemic-hit fintech sector

Bobsguide

As the fintech sector grows almost exponentially, so commensurately do the risks. The pandemic has created new threats, mainly through home working, but others have been mounting steadily for years such as Brexit, tougher regulation, cyber attacks and relentless competition in a sector that is by.

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Amazon Puts Off Merchant Fulfillment Fee Hikes Until June

PYMNTS

Amazon is postponing its logistics fee increase to help accommodate businesses affected by the pandemic, a company letter from Amazon Worldwide Consumer CEO Jeff Wilke stated. Wilke wrote that the eCommerce giant will continue to take on the extra costs without increasing fees until June 1, 2021. "We are doing this because we want to provide stability and support for you during what will likely remain a challenging winter as vaccine distribution gets underway," Wilke said in the letter.

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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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How Blackhawk sees COVID-19 transforming the gift card industry

Payments Source

Consumers avoiding stores because of COVID-19 have driven triple-digit sales growth of Blackhawk’s gift cards sold through retailers’ websites, with the final weeks of the year expected to push digital cards to a tipping point.

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Real-Time Data Strategy: Three Steps to Start Investing

Perficient

Real-time data strategy is on every organization’s roadmap. In the past year, I have spoken to many organizations planning “real-time” data systems. Without fail, those organizations fall into one of two buckets. The Visionaries: Can tell a great story about their target prospect, what they should see, and how they should interact with the brand but struggle to execute on their vision.

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British banks under pressure over £45m loans to firm with links to Myanmar military

TheGuardian

Campaigners say the deals revealed in new report are a breach of firms’ human rights responsibilities Human rights groups are demanding that two of Britain’s biggest banks explain why they have lent tens of millions of pounds to a technology company building a telecoms network that is part-owned and used by the Myanmar military. HSBC and Standard Chartered have loaned $60m (£44.5m) to Vietnamese telecom giant Viettel in the last four years, a period when the Myanmar military has been accused of

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FinTech Step Aims To Create The Concept Of ‘Family Banking’

PYMNTS

We’ve all heard the horror stories. The 6-year-old who get his hands on Mom’s iPad and manages to rack up $16,000 worth of credit charges for online gaming. The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. These aren’t bad kids necessarily so much as they’re kids that simply don’t know the damage they’re doing at the time.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Square has discussed acquiring Jay-Z’s Tidal service

Payments Source

Square Inc., the digital-payment company run by Jack Dorsey, has held talks to acquire the music-streaming service Tidal as part of a push to diversify, according to a person familiar with the situation.

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AI in Healthcare Consumerism

Perficient

The COVID-19 pandemic is driving increased focus on healthcare consumerism as patients are taking their medical care and the associated costs into their own hands. The personalization and self-service experiences that we see in other areas of daily life are now being applied to the healthcare industry with the help of AI. Recently, two of Perficient’s experts spoke about AI in healthcare consumerism at The AI Summit New York , a virtual event that exclusively focuses on the impact of AI in busin

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Our top 5 posts of 2020

BankUnderground

Belinda Tracey. As another year draws to an end and the blog prepares for some downtime over the festive period, we wanted to take a look back at the blog in 2020. We published posts on a wide range of topics including the impact of monetary policy on birth rates and on happiness , how speculative buying can drive cryptocurrency prices down, and of course the economic consequences of Covid-19 featured prominently.

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Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu

PYMNTS

Burger King has launched a new promotion called the "$1 Your Way Menu" and in conjunction will put $1 in some Venmo users' accounts through Dec. 28, the day the new menu takes effect, the company announced in a press release. "Unlike other value menus, all items on Burger King’s newly unveiled menu are $1 a piece — that’s it,” the release stated. “The big question now becomes, what to get?”.

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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