Sat.Jan 09, 2021 - Fri.Jan 15, 2021

article thumbnail

7 Questions & Answers to Help You Turn Up the Efficiency

Jack Henry

Let’s take a look at efficiency. To be blunt, it’s never a bad time for financial institutions to look for solutions that can help boost efficiency – especially in a world that’s become accustomed to technology, speed, and convenience. But because of recent events, the ability to quickly provide answers, complete transactions, and deliver service is now an absolute necessity.

article thumbnail

Why Augmented Reality is Crucial to Improving the Ecommerce Customer Experience

Perficient

With the expanded success of ecommerce in the last twelve months, brands have more opportunities than ever to engage in digital channels with their consumers and stand out from the competition. Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blockchain takes on forgeries, counterfeits

Payments Dive

Counterfeiting is an absolutely massive industry, logging in trillions of dollars every year. It can be a big threat both to consumers who unknowingly purchase these products and retailers as well looking to sell legitimate products.

article thumbnail

CBDC for Retail, Wholesale and International Payments

Accenture

Central bank digital currencies (CBDCs) would help advance the digitalisation of payments and the economy as a whole. Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank. CBDC for retail payments CBDC can serve as a settlement medium for digital transactions online….

Retail 301
article thumbnail

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

article thumbnail

Mexican Remittances Set Surprising US Record

PYMNTS

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took due to the pandemic, The Wall Street Journal reported, citing data from Mexico's central bank. During the first 11 months of the year, people in the United States sent $36.9 billion to Mexico, WSJ reported, citing data released by the Banco de Mexico.

US 312

More Trending

article thumbnail

GreenPath Financial Wellness’s AI Approach to Finance Coaching

Payments Dive

Through a partnership with eGain, GreenPath has launched a Virtual Finance Coach. This innovative AI-powered Coach shares friendly step-by-step guidance based on the customer’s interests, financial priorities and founded behavioral principles.

article thumbnail

4 Ways to Ensure You’re Getting the Most Out of Your Technology Vendor Relationships

Jack Henry

We all know the drill. You have a technology need, so you begin researching options and solutions. Perhaps you send out an RFP. Then comes demos from vendors, meetings with your Senior Management Team, IT Steering Committee, and maybe the Board. Most likely, you go through this process with a sales or account executive holding your hand, answering all the questions you have, and hoping to make a sale.

article thumbnail

Nike Sues More Than 1,000 Websites And Other Parties Over Alleged Counterfeiting 

PYMNTS

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S. District Court for the Southern District of Manhattan that its trademarks “are among the most widely recognized trademarks in the United States and around the world, as well as among the most popular with consumers.

article thumbnail

[Podcast] Financial Services Trends and Data

Perficient

COVID-19 has undoubtedly affected financial services trends in 2020 and will continue to do so into 2021. Since the pandemic began, financial services organizations have been responding to the crisis with continuity plans to address everything from bankruptcies to people losing their jobs and ability to pay their bills on time. Now more than ever customers need to be supported with trust, transparency and data-based decision making.

Trends 495
article thumbnail

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

article thumbnail

Dynamic PII: The key to fighting payments fraud

Payments Dive

Is your company assessing online fraud with a deterministic approach or a probabilistic approach? Beth Shulkin, VP of Global Marketing at Ekata shares her view on the best way to assess fraud risk in the payments landscape today.

Fraud 388
article thumbnail

What technologies should insurers bet on in 2021?

Bobsguide

This is not a regular time - and, as Robert Frost said, "the best way out is always through” Even now, insurers are following the path of technological progress, trying to keep up with the market. Many actions have already been taken, key trends are being implemented by the industry, so.

article thumbnail

Roblox Registers For Direct Listing; Expects To Be On NYSE In February

PYMNTS

Roblox , which operates an online gaming platform that spans millions of users and millions of variations of games or related interactions, plans to go public on the New York Stock Exchange via a direct listing in February, according to an SEC filing the company submitted. Roblox previously had planned to go public the usual way, allowing Wall Street investment bankers to find buyers for early blocks of shares before opening a stock to investors in the broader market.

New York 289
article thumbnail

Commerce Principal Quoted in ForresterNow Report

Perficient

Doing business on B2B marketplaces has become increasingly popular for both buyers and sellers. B2B firms want to invest in effective methods to strategize and market products, serve new and existing customers through the digital purchasing experience and focus more on e-channels as means of significantly gaining business revenue. Mike Rabbior, Perficient’s Principal and Commerce Chief Strategist, was quoted in two separate sections of the ForresterNow Marketers: Make Sure B2B Marketplaces Are O

Report 495
article thumbnail

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.

article thumbnail

QR Codes regain the spotlight for remote bill pay and more

ATM Marketplace

John Minor is Chief Product Officer for PayNearMe and plays a critical role in c making it easy for businesses to collect every payment, via any channel and payment type, every time. John shares his knowledge and expertise on QR codes and why this formerly forgotten marketing tool has suddenly become on of the industry's favorite ways to pay.

Tools 139
article thumbnail

JCB expands acquiring through ACI, eyes Uzbekistan

Payments Source

Japanese card issuer and acquirer JCB International has worked with real-time payments software provider ACI Worldwide to launch a web API-based payment service.

Software 138
article thumbnail

Skip It: Amazon, Walmart Tell Consumers To Keep Unwanted Gifts

PYMNTS

Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). Customers can ask for a refund, but they might not have to return the item even if they're granted one. The idea, which uses artificial intelligence (AI), is supposed to cut down on work and costs for the companies, which have seen an unprecedented surge in activity because of the pandemic.

Retail 281
article thumbnail

Improving My Writing Skills Through My Perficient Internship

Perficient

This is the second blog in the three-part series where I will be detailing my time as an intern at Perficient. The first blog in the series discussed my goals at the start of my internship. One of my main focuses over the ten weeks was to improve my writing. Throughout high school, I have always been interested in and loved the written word. I took part in a plethora of writing electives and enjoyed the process of producing stories, blogs, and even papers.

How To 340
article thumbnail

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.

article thumbnail

The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Recently I was cleaning out my files and I ran into the hard copy slide deck that accompanied the speech. If I ignore where I was wrong then I am as guilty of willy-nilly prognostications that I sometimes think industry pundits engage in. So, below is a list of predictions I made and if I was right or wrong, or somewhere in between.

article thumbnail

California Dept. of Financial Protection and Innovation announces plans to exercise expanded powers under Consumer Financial Protection Law

CFPB Monitor

The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021. The CCFPL gives the California Department of Financial Protection and Innovation (DFPI) (the new name given to the state’s Department of Business Oversight) broad jurisdiction and sweeping new authorities that closely resemble those of the CFPB. As a result, the DFPI has been labeled a “mini-CFPB.”.

Exercises 127
article thumbnail

Salesforce Unveils Loyalty Management Platform For Businesses As Online Sales Boom 

PYMNTS

Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the company says online holiday retail sales grew 50 percent to top $1 trillion. "Organizations with high levels of customer loyalty outperform their competition, so it's critical that they provide their customers with valuable and memorable experiences to build trust," David Schmaier , CEO of Salesforce Industries, said Tuesday (Jan. 12) in unveiling the company’s new Loyalty Manageme

Online 279
article thumbnail

Oracle Cloud Customer Drafting- Improve your Cash Flow

Perficient

With direct debit, you are in control – once your customer authorizes drafting their bank account you can collect payments whenever they are due without needing your customer to do anything else. Therefore, no more chasing customers for payments – they will be on time every time. Your cash flow will improve and you will always know when payments will remit so you can plan accordingly.

Security 340
article thumbnail

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.

article thumbnail

FrontStream Payments, Salesforce partner to streamline employee charitable donations

Payments Source

FrontStream Payments has integrated its disbursement services with the Salseforce.org Philanthropy Cloud in a move it says should help corporations drive employee engagement in giving through an easier process for making donations.

Payments 125
article thumbnail

The #Lockdown3 challenge - how banks can help struggling retailers in 2021

Bobsguide

2020 was a year all of us are probably keen to forget. From an economic and business standpoint, the two extended periods of ‘lockdown’ delivered an unprecedented body blow across all commercial sectors. Hospitality and travel experienced an existential crisis, along with large swathes.

Retail 116
article thumbnail

Digital Technologies Drive Innovation In Retail, Payments

PYMNTS

Target crushed online commerce and reported decent in-store sales volume for the holidays, while Urban Outfitters and Nordstrom had weak in-store traffic that even fairly positive online volume couldn’t surmount. In retail technology, Toshiba Global Commerce Solutions ’ new Elera system aims to supplant in-store IT systems with a new cloud-enabled technology.

article thumbnail

3 Easy-To-Fix Reasons Why Your Sitecore Content Is Not Showing Up

Perficient

You’ve worked hard on curating content for your Sitecore site. You’ve spent hours collecting the necessary information from various departments to create this new page. After all this work, it can be frustrating to not see it appear on the live site. Where did your work go? Why isn’t it showing up? This blog post is for you. There are 3 easy checks you can perform without ever needing to request help from a developer. 1.

How To 332
article thumbnail

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.