PYMNTS

SEPTEMBER 30, 2020

Small business owners who have been waiting to have their Paycheck Protection Program (PPP) loan forgiven can breathe a sigh of relief. The U.S. Department of Treasury said Tuesday (Sept. 29) it would soon begin forgiving loans granted under the PPP after borrowers and lenders complained that the Small Business Administration (SBA), the program’s manager, and Treasury employees have failed to respond to forgiveness requests, according to The Wall Street Journal (WSJ).

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Payments Dive

OCTOBER 2, 2020

Despite the rise of automation, technology can't replace the human-to-human interaction. Or can it? New technology and video kiosks helps businesses provide a personal touch in a technological world.

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Video Technology 435

ATM Marketplace

SEPTEMBER 29, 2020

Creating a great customer experience is only half the battle when it comes to branch transformation, according to William Budde, vice president, product marketing, for Hyosung America. The other half is creating a branch that can be effective and efficient by utilizing the right technology.

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Technology ATM Industry Customer Experience 124

Perficient

SEPTEMBER 29, 2020

For the first time ever, we are excited to announce that Perficient’s Charlotte office has been named one of 2020’s Best Places to Work ! This is the third top workplace award earned in the Southeast region this year, with our Atlanta office also being named a Best Place to Work as well as a 2020 Top Workplace. The Charlotte Business Journal runs this program each year to recognize outstanding companies whose benefits, policies and practices are among the best in the region.

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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

Lending

Accenture

OCTOBER 1, 2020

While cloud native development might be considered the “new normal,” mainframe still has a stronghold in the financial services industry due to its robust resiliency and massive compute capability. However, as I explained in my previous post , the mainframe cannot match cloud when it comes to agility, scalability and cost-effectiveness that are so essential….

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Industry Technology 376

PYMNTS

SEPTEMBER 29, 2020

“Talk to the hand” will take on new meaning starting Tuesday (Sept. 29). CNN reports Amazon has introduced the latest touchless way to pay at checkout. Dubbed Amazon One, the method allows users to pay with the palm of their hand at some of its stores. The giant eCommerce website can now connect a stored credit card with a palm print. Here’s how it works: place the palm of your hand above a sensor and purchase products at checkout-free Amazon Go stores.

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Perficient

OCTOBER 1, 2020

The times they are a-changing, particularly in healthcare. It’s easy to see COVID-19’s vast impact on the consumer experience. Yet change was brewing in healthcare before the pandemic hit our communities. While interoperability mandates driven by CMS’ Final Rule were back-burner’ed for a while, they’re still top of mind for healthcare executives.

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Accenture

SEPTEMBER 28, 2020

In my last post, I talked about how the pandemic has pushed banks’ digital transformation efforts to historic heights, according to our latest report, “Driving Value and Values During COVID-19.” Our report also identified four key technology trends shaping the post-COVID future. Today, let’s take a closer look at those and how they can help…. The post The four tech trends for banks to outmaneuver uncertainty appeared first on Accenture Banking Blog.

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Trends Technology Report 373

Bobsguide

OCTOBER 1, 2020

The payments industry must be wary of vulnerable tech builds as cyber threats are predicted increase, according to a director of incident management at the UK National Cyber Security Centre. “From our experience seeing some less mature organisations possibly, one of the things that.

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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

Report

PYMNTS

SEPTEMBER 30, 2020

A U.S. House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies.

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Perficient

SEPTEMBER 26, 2020

It’s a question healthcare marketers ask all the time: What are the keys to a good healthcare website? We want a formula. Tried and true best practices. Something that will boil it all down to a clear roadmap. If you search the web, you’ll find website checklists galore. And there are some undisputable basics: You need responsive design, strong content, clear navigation, appropriate accessibility, meaningful images and so on.

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Accenture

SEPTEMBER 30, 2020

In my last post, I talked about the significant impact of COVID-19 on the banking and capital markets (B&CM) value chain and how leaders are in a unique position to respond, reset and renew the finance function to lead confidently in the post-pandemic era. Today, let’s take a closer look at these three steps for…. The post A post-pandemic path forward for banking and capital markets appeared first on Accenture Banking Blog.

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Payments Source

SEPTEMBER 30, 2020

There’s no PSD2-style law requiring banks in the U.S. to share data with third-party payment apps, but the market is progressing as if there will be one, leaving some smaller banks at a disadvantage.

Payments 168

Payments Data Marketing Management 168

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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.

US

PYMNTS

OCTOBER 2, 2020

You likely remember the days when you got your Sunday paper in printed form, before clicking links on your devices, before getting content in your email inbox thrice daily. Back then, you paid the subscription price and got a 12-inch stack of paper, replete with sections you never really read that closely. But you paid for the “bundle” anyway, because there was no other way to read the sections you really wanted to read.

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Perficient

OCTOBER 2, 2020

Consumers are increasingly moving to mobile commerce for their shopping needs, but how many are completing their orders? I attended the Adobe webinar “AI-Powered ‘Live Search’ for Magento + Early Adopter Program” and found that shoppers struggle with completing mobile purchases due to search inconsistencies. Magento is working to remedy this with Live Search built on its Sensei platform.

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Accenture

SEPTEMBER 30, 2020

In our last post, we talked about how it was time for banks to start looking beyond compliance in Open Banking, or as it is enacted in Australia, the Consumer Data Right (CDR), and to imagine their role in the new application programming interface (API) and open-data economy. Open Banking and CDR data offer banks…. The post Open Banking & CDR | Two business models for new value appeared first on Accenture Banking Blog.

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Payments Source

SEPTEMBER 27, 2020

Since July, Visa has noticed an uptick in unemployment insurance fraud with prepaid cards being used as a key disbursement vehicle. And the best solution may be rooted in technology, not law enforcement.

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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.

Lending

PYMNTS

SEPTEMBER 28, 2020

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). But several years of a regulatory push have combined with the increasing presence of India’s Unified Payments Interface (UPI) and six months of COVID-19 to markedly reduce Indian consumers’ fondness f

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Payments Mobile Google Policies 339

Perficient

SEPTEMBER 29, 2020

In order to meet customer demands, organizations are looking to expand their digital process automation (DPA) services. As a result of these increased demands, the focus of DPA has moved from concerns about cost reduction to an emphasis on digital transformation. Traditional methodologies are being refined to focus on the customer journey and to ensure a seamless, end-to-end user experience.

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Report Analysis Strategy Technology 340

Bobsguide

SEPTEMBER 28, 2020

The recent global crisis has set off a major fraud resurgence. With the world continuing its acceleration towards becoming digital-first, and with everything from work and transactions to entertainment and shopping happening online, potential attack vectors and opportunities are exponentially.

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Payments Source

OCTOBER 1, 2020

The optometrist Benjamin Thayil offers an alternative form of financing for consumers who may be wary of large credit card bills or shocked at the idea of paying for an entire eye treatment all at once.

Cards 160

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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.

Lending

PYMNTS

SEPTEMBER 29, 2020

Smart cities powered by 5G networks have long been forecast as coming soon to major metros all over the world. But actual progress has been limited by various regulatory and technological headwinds that have kept the connected smart city more a vision of the future than a concrete reality of the present. However, CEO Ian Aaron of Ubicquia , a smart cell and smart grid technologies company, told PYMNTS that the past half year has changed the outlook for smart cities.

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Perficient

SEPTEMBER 30, 2020

What is Face Detection: Face Detection uses biometrics to map our facial features from a live visual or photograph. Microsoft Azure has introduced an enterprise business solution that even a developer with zero knowledge in AI can implement it. Microsoft Face API is a generic solution which can be used for many images recognitions purpose. Here I have used the solution for employee face recognition.

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Jack Henry

SEPTEMBER 28, 2020

It’s been said that the real troubles in life are apt to be things that never crossed your worried mind – the kind that blindside you at 4 p.m. on some idle Tuesday. The kind like COVID-19, which blindsided not just China … not just the United States … but the entire world, spreading to at least 177 countries. Seemingly overnight, we witnessed the pandemic reorient society – the economy, healthcare, even our lifestyles.

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Payments Source

SEPTEMBER 29, 2020

The Oakland, Calif.-based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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Oakland Cards Fintech Management 160

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.

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