Sat.Jan 16, 2021 - Fri.Jan 22, 2021

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The Bank-FinTech Collaboration Model Goes Global

PYMNTS

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. This week’s look at the latest in bank-FinTech collaboration includes new partnerships in Australia, South Africa, India, Pakistan and across Europe, with many FIs bolstering the foundations of their SMB-serving infrastructures.

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Transacting vs. Conversing: The Value of Authentic Communication in Collections

SWBC's LenderHub

We’ve all been on Zoom calls this year in which real life has made its way into a business meeting. You see a toddler’s hand reach across the screen or a cat trying to jump onto a keyboard while someone is giving a presentation, and you realize—we’re all humans who are doing the best we can to adjust to and carry on with our lives in the midst of a chaotic year.

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Deep Dive: How Digital ID Verification Can Help Firms Streamline The Remote Hiring Process

PYMNTS

The pandemic has heaped more than a few stresses on employers, and adding workers has emerged as an especially challenging task. Hiring has slowed across many sectors, but the need to replace departing workers or add employees amid growth remains for some industries. The pandemic continues to keep social distancing rules in place, however, which means that virtual hiring has become the new standard. .

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Iterative Design for Quick Turn-Around Projects

Perficient

With the onset of the COVID-19 pandemic, businesses and consumers are reminded that anything can happen. Consumers are looking to the companies and resources they trust to understand relevant, rapidly evolving information and guidance. Brands have an opportunity to grow that trust by creating website experiences with up-to-date visuals, content, features, and functionalities consumers need to quickly navigate and find the information they are seeking.

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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

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QR Code: It's cool again

Payments Dive

John Minor is Chief Product Officer for PayNearMe. John shares his knowledge and expertise on QR code and why this formerly forgotten marketing tool has suddenly become on of the industry's favorite ways to pay.

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More Trending

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Malaysia's Mobile Money, Bangladesh's bKash Team With Ripple On eWallet Remittances

PYMNTS

Blockchain-based global payments provider Ripple announced it has entered into an arrangement under which Malaysian mobile wallet provider Mobile Money, and bKash , a provider of mobile financial services to more than 45 million people in Bangladesh, will conduct transactions through the RippleNet network. “bKash and MobileMoney will gain access to a wide range of RippleNet’s features, including wallet-to-wallet transactions,” Ripple wrote in a news release announcing the deal.

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[Podcast] Healthcare Data is Changing Consumer Care

Perficient

Healthcare leaders have access to more healthcare data and technology than ever before allowing them to transform patient and member care. A one-size-fits-all-approach doesn’t work anymore and we’re being challenged to do more through personalized medicine. In season 1 episode 2 of the Intelligent Data Podcast , host Arvind Murali and his guest Juliet Silver, Perficient’s Chief Strategist of Healthcare , discuss the state of affairs in the healthcare industry including the “Triple Aim”, the COVI

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Digital wallet adoption: how providers can sustain a competitive advantage.

Payments Dive

Alexis Zukierman is the Business Development Manager at Intive, a global digital software and design company that accelerates digital transformation for products and services. Alexis shares his insight and knowledge of digital wallets and how providers can utilize this tool to gain a competitive advantage.

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Enabling Open Banking for Business Finance: 5 actions to take now

Accenture

After a tumultuous 2020, the New Year brings more change and, for commercial banks that act boldly, new opportunities in Open Banking. As of February 1st, Australia enters the next phase of its Open Banking transformation when banks and other financial institutions are required to be ready to share business finance data across the industry…. The post Enabling Open Banking for Business Finance: 5 actions to take now appeared first on Accenture Banking Blog.

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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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Banque De France Has Finished CBDC Trial

PYMNTS

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around 2 million euros (about $2.4 million), per CoinDesk.

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A Strategic Perspective: Emphasizing Inclusivity on a Global Level for Web Design

Perficient

It’s our job as marketers, designers, and strategists to develop and design inclusive web experiences and user interfaces. These experiences must aim to accommodate and benefit different audience needs based on their geographical location, culture, ethnicity, race, gender, age, language, sexual orientation, and so on, without seeing these factors as an obstacle to overcome in the strategy and design process.

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Lessons Learned from the 2020 Atlantic Hurricane Season

Jack Henry

Many communities, especially in Louisiana, are still in recovery mode from the 2020 hurricane season, and that there’s still a lot of hard work ahead. Our thoughts and well wishes remain with all of those impacted during this very difficult year. As I reviewed past articles I’ve written on the Atlantic hurricane season and its effect on financial services, I used the word “observations” instead of “lessons learned” because when some of those observations are of the same challenges repeated time

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6 ways consumers and fintech are changing the travel industry

Payments Source

COVID-19’s impact on travel has been dramatic, and it has forced both consumers and travel executives to re-imagine what travel will look like going forward.

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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.

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APIs, Data Analytics Bring Cash Flow Control To The Back Office

PYMNTS

The pandemic is causing fluctuations in the global economy, and supply and demand shifts are causing many businesses to face liquidity stresses and limited credit access. These factors are putting companies to the test, especially in how they handle their corporate finances. There have also been shifts in how customers pay for goods and services, with s ocial distancing policies making contactless transactions essential and pushing consumers toward payment methods such as bank transfers and dig

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How to Set Up Automated Deployment with CI/CD Pipelines through Azure

Perficient

The main purpose of automation within your business is to deploy your application into different environments such as Dev/QA/Production with the push of a button or without manual intervention. Automation reduces the risk of deployment errors, reduces the number of development hours for deploying code changes in multiple environments, and help to deploy the changes more frequently in development and QA environments and comprehensive testing as soon as possible after changes are made.

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Improving the Efficiency of Your Core Banking Processes Is as Easy as 1, 2, 3…

Jack Henry

As accounting scholar Robert S. Kaplan once said, “If you can measure it, you can manage it.” And when it comes to measuring the efficiency of core banking processes, he could not be more on point. Here are three steps to guide your organization through the challenges of improving the efficiency of your core banking processes.

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Payments startup Payoneer in merger talks with SPAC

Payments Source

Payoneer, an online payments specialist, is in talks to go public through a merger with FTAC Olympus Acquisition Corp., a blank-check firm, according to people with knowledge of the matter. FTAC rose as much as 29% on the news.

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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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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. This week, NRF’s Retail’s Big Show , as it is commonly referred to, will host a virtual version of its four-day confab, including 90 sessions and 300 exhibitors who will speak to the future of retail in a post-COVID-19 environment.

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[Podcast] What If Everything Really Is Digital?

Perficient

In an era where everything is considered digital, what really makes something digital? In Season 1, Episode 1 of the What If? So What? podcast , hosts Jim Hertzeld and Kim Williams-Czopek share their research on what makes something digital or not. They discuss examples of things that are definitely digital and some that aren’t quite the same – like whether or not bowling is a sport.

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bobsguide Awards 2020: Winners announced

Bobsguide

It's with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovation required of the fintech community last year, the judges delayed many of the assessments as late as possible. Here, we have.

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MoneyGram expands use of Visa Direct throughout Europe

Payments Source

MoneyGram International is expanding its use of Visa Direct across Europe, allowing its customers to use the company website or mobile app to send money in near-real time to Visa debit card holders in various parts of 25 countries in Europe.

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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.

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App Store Approach Helps Banks Manage Partners, Speed Digital Transformation

PYMNTS

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement.

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How to use Microsoft Teams Breakout Rooms (Part 2 of 2)

Perficient

Welcome back to the second blog post on Microsoft Teams Breakout Rooms! Last time, we discussed what breakout rooms were, how they are created, how to assign users, and how to open/close a breakout room. If you are joining us for the first time, I encourage you to check out the first post here. This time, we’ll take things a step further and discuss the different breakout room settings, how to rename your breakout rooms, how to make announcements, how to interact with your participants of

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2021 Municipal Bond Market Outlook

SWBC's LenderHub

While 2020 started out as a difficult year for Municipal Bonds, those investors that were nimble and not ruled by fear, ended up having a good—if not a great—year. The spike in Municipal Yields during the first quarter ended up being a significant buying opportunity for individual bonds and structured products.

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France to shut almost 40% of cash-handling centers

Payments Source

The Bank of France will shut down more than a third of its cash handling centers by the end of 2022 as the Covid-19 pandemic accelerates a decline in the use of notes and coins.

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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.