Sat.Dec 12, 2020 - Fri.Dec 18, 2020

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The Challenges and Priorities for Finance Teams in 2021

ATM Marketplace

These days, it seems everyone has an opinion on what we can expect in the ATM and banking industry in the coming year. But what information do you need to set your company on the right track in 2021? BillingPlatform shares its annual survey findings

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Bitcoin Breaks Through $20,000 Mark, Hits Record Highs

PYMNTS

Bitcoin continued its ongoing surge in price Wednesday (Dec. 16), heading above the $20,000 mark for the first time ever — eclipsing its previous record high set in 2017. The price of a bitcoin traded higher by 5.6 percent, hitting around $20,600. CNBC reported that the surge was fueled by cryptocurrency fans along with a big boost from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller.

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AEM Customization: Show Unpublished Reference Alert for Tagpicker

Perficient

Recently, I published a blog post regarding AEM Customization: Show Unpublished Reference Alert for Content Path where I showed how to customize the Pathfield and Xffield resourceType. In doing this, I was able to showcase how to create a notification for the content author as to whether the selected content path is published or not. I found it to be a useful feature for one of our clients while they were authoring a number of AEM content pages.

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A Closer Look: What CBDC means for banks and non-banking firms

Accenture

Central bank digital currency (CBDC) enables new transactions in central bank money and would require banks to adjust and expand their intermediation services. Central bank money is the most important money in any given currency area. Banks distribute it to their private and business clients in the form of bank notes and coins to support…. The post A Closer Look: What CBDC means for banks and non-banking firms appeared first on Accenture Banking Blog.

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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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Smarter bill pay helps retain customers

Payments Dive

A smart 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.

More Trending

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Introducing Intelligent Data, a podcast from Perficient

Perficient

The COVID-19 pandemic has done a great job revealing trouble spots and gaps in many companies’ technology strategies this year. If you’ve discovered that your data strategy and technology solutions need improvement, then this podcast is for you. Join host Arvind Murali , Principal and Chief Strategist of Data at Perficient, for the first season of Intelligent Data.

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Digital identity in the post-COVID era – how Open Banking can help

Accenture

Even before the pandemic, digital identity—various forms of authentication and identification such as passwords, pins, facial recognition, etc.—had become an integral part of our everyday life. COVID-19 has accelerated the need for businesses and governments worldwide to rethink their approach to enabling remote-identity verification over digital channels to facilitate day-to-day interactions.

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Smarter strategies for harnessing digital in post-COVID e-commerce

Payments Dive

Now that COVID-19 has shifted many businesses online, retailers are concerned about more competition, a seamless connection across channels and savvy multigenerational consumers. Stephanie Millner, Vice President of CX Management at Teleperformance shares how retailers can foster loyalty and generate revenue through digital touchpoints.

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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

The U.S. Treasury Department proposed sweeping new rules late Friday (Dec. 18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. The new regulations, if adopted after a comment period, would require banks and some other institutions to obtain and report the identities of parties engaging in certain digital transactions, including payments involving what are called "unhosted wallets" – effect

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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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How a Nearshore Development Partner Boosts Agile Transformation

Perficient

T he stakes have never been higher for your business to adapt and evolve. But how do you accelerate and scale your transformation cost-effectively? The answer – optimized global delivery. Follow this series and learn more about our nearshore software development capabilities from several members of our global consulting team in Colombia. In just over 20 years, Agile methodologies have secured its footing in developing software and digital products.

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7 ways COVID-19 supersized food delivery

Payments Source

Demand for food delivery has been strong during the pandemic, building on what already had been a strong demand for the $27 billion industry, according to NPD Group.

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Is 2021 the year open banking delivers on its promise?

Bobsguide

If we’ve learned anything from 2020, apart from how to bake the perfect sourdough loaf, it’s how to do things differently. Not many of us are where we thought we’d be at the beginning of this tumultuous year. Targets have been thrown out of the windows and KPIs ripped up like.

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eBay On Turning Friction-Filled Payments Experiences Into Consumer Loyalty Opportunities

PYMNTS

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. Supporting a host of simple and frictionless payment options is often a complicated endeavor from the retailer’s perspective, said Keala Gaines , vice president of global payment services f

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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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Driving STEM Education and Career Opportunities through the Perficient Bright Paths Program

Perficient

As a leading digital consultancy with more than 4,500 global colleagues, Perficient is committed to expanding the expertise of each colleague and creating more opportunities for career growth in the communities where we live and work. We recently announced Perficient’s Bright Paths program – a new initiative designed to advance STEM education and career opportunities for underrepresented constituencies and communities.

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The Pivotal Role Accounts Receivables Financing Will Play in the Emerging Economy

Jack Henry

Soon, we will be back to “normal,” or at least something that resembles it. Promising vaccines are on the horizon. In some states, businesses are reopening. Holiday shopping is even underway. At the same time, millions of US-based businesses are preparing for 2021 and what it may bring. Through the sharp second quarter decline, many industry sectors saw gross revenues drop by more than 40%.

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The current state of cybersecurity for ATMs

Bobsguide

There has been a growing number of cyberattacks against ATMS and central servers, which are the systems that control ATMs. This pressing threat has resulted in the theft of personal data, such as account numbers and pin codes. However, these types of attacks still require further actions to.

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GoDaddy Agrees To Buy Poynt To Boost Digital Payments Technology

PYMNTS

GoDaddy has agreed to acquire Poynt , which lets businesses sell and accept payments anywhere through its suite of products, according to a press release. GoDaddy plans to pay $320 million in cash at closing, along with $45 million in deferred cash payments subject to various performance and employment standards in the next three years, the release stated.

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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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Perficient’s Make a December Difference – Kindness Campaign 2020

Perficient

Why do we need a Kindness Campaign now in 2020? 2020 has been a challenging year for all of mankind, with a persistent pandemic coupled with natural calamities, the ride has been really rough. The upside to that is there has been lot of learnings in all fronts. Humanity, Courage, Selflessness, Sacrifice, Kindness, Conscious well-being of self and fellow beings, Judicious usage of available resources and more so have become the need of the hour.

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Barclaycard adds virtual Visa card to remote work outreach

Payments Source

Millions of workers are still displaced from offices, pushing financial services designed for the trend, such as Barclaycard Payments' Precisionpay Go app for businesses to issue virtual cards for corporate expenses.

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Dotting the “i’s” and Crossing the “t’s” with Digital Lending

Jack Henry

The pandemic has amplified the need for digital processes across all banking services to reach consumers and businesses beyond branches. Never has this been more evident than what we saw in lending when small businesses reached out to their banks and credit unions seeking the PPP loans this spring. Many lenders had not upgraded their digital lending processes and found it difficult to deal with the volume of requests coming in from local businesses.

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POS Lender Affirm Delays IPO Until At Least January

PYMNTS

Point-of-sale (POS) lender Affirm is putting on hold its initial public offering (IPO), which had been scheduled for this month, The Wall Street Journal reported, citing unnamed sources. WSJ did not give a definitive reason for the delay in Affirm Holding Inc.'s plans but suggested it may be for the same reason video game-maker Roblox also put off an imminent IPO: fear of missing out at the corporate level.

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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.

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Perficient, DTE Energy, and Non-Profit Client Win Respective Creative Awards

Perficient

One award is exciting, but bringing home two awards is out of this world! We are excited to announce that DTE Energy’s Interactive, Energy Efficient Home , and a nonprofit private client have won silver and bronze (respectively) at this year’s Creativity International Design Awards. The Creativity International Design Awards is active in recognizing exceptional design and the designers and innovators who make it happen.

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Forter, Nuvei try to to tame e-commerce crime without losing legit payments

Payments Source

The e-commerce expansion borne out of the pandemic heightens the balancing act between security and user experience, a challenge Forter and Nuvei hope to address through a mix of data analysis and an expansive network of merchants.

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How to succeed in moving risk software in the cloud

Bobsguide

The emerging cloud technologies offer numerous benefits over traditional on-premises deployments. While the rate of cloud adoption in the financial industry was initially slow, banks and asset managers are now embracing cloud technologies and moving their enterprise application to the cloud. This.

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Report: Fraudsters Have Modified Approaches In Wake Of eCommerce Boom

PYMNTS

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. The company said that malicious actors are moving away from the usual “spray and pray” strategy that entails conducting dozens or hundreds of lower-value transactions with stolen payment data, and are instead making fewer and larger attacks.

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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.