Independent Banker
OCTOBER 31, 2020
“We are poised to lead the charge in striking the right balance of technology and connection for our customers and communities.”. Remember when video conference calls were a novelty? A year ago, I had a smattering of them. Now, not a day goes by without at least eight. I’m grateful for the technology, but, as social creatures, we’re also hardwired to seek connection.
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PYMNTS
NOVEMBER 5, 2020
There’s a bit from “Seinfeld” way back in the 20th century that, paraphrased, goes like this: A check is like a note from your parents that states, “I don’t have any money, but if you contact these people … I’m sure they’ll stick for me. If you could just trust me this one time …”. “Seinfeld,” of course, lives on in reruns. The check lives on, too, although like the days of “Must See TV” via networks, it is receding into the distance a bit.
Perficient
NOVEMBER 2, 2020
This year has been unpredictable, but one thing that has remained steady is Perficient’s commitment to delivering great results for our clients. Our Paid Search team earned some well-deserved recognition last week when their paid search campaigns for long-time client Lake Champlain Chocolates won Best Use of Search – Retail/Ecommerce (PPC) at the US Search Awards.
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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
Payments Dive
NOVEMBER 3, 2020
By eliminating middlemen, cross-border blockchain payments can result in even faster transfers while significantly reducing costs for both merchants and customers.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
South State Correspondent
NOVEMBER 2, 2020
In the last five years, one of the new disciplines in banking that has emerged is the combination of machine learning and satellite imagery to gather bank intelligence on fraud, credit, and bank marketing. While this sounds daunting, in this article, we will show you some relatively simple applications of both artificial intelligence (A.I.) and satellite (sat) imagery to improve bank performance.
Perficient
NOVEMBER 5, 2020
Since March 2020, the stakes have never been higher for your business to adapt and evolve. But how do you accelerate and scale your digital transformation cost-effectively? The answer – optimized global delivery. Follow this series and learn more about our nearshore software development capabilities from members of our global delivery team in Colombia.
PYMNTS
NOVEMBER 5, 2020
As the B2B commerce landscape innovates, it is continually after that "Amazon-like" experience forged in the consumer commerce world. But for B2B vendors and suppliers, the unique needs of corporate customers cannot be ignored, making a consumer-like buying experience particularly complex. Pricing and payments are two key areas that tend to look vastly different in the B2B world than in the consumer arena.
Accenture
NOVEMBER 5, 2020
Without a doubt, 2020 has been a year of disruption. It remains a challenging time for many, but as life with COVID-19 settles into a more routine experience, merchants are searching for more options to help keep their customers safe, their products available, and the economy moving. Around the world, merchants are responding to the…. The post Five cross-industry payments opportunities in the new normal appeared first on Accenture Banking Blog.
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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
Payments Source
NOVEMBER 4, 2020
One area of certainty in the 2020 election is the momentum for legalizing cannabis, as a string of ballot box victories makes it harder for banks to avoid working with dispensaries and other legal marijuana businesses.
Perficient
NOVEMBER 5, 2020
I recently had the pleasure to host a virtual roundtable with a couple dozen senior executives from Global 2000 B2B manufacturing companies. The topic was “How Have You Accelerated Your Digital Transformation Strategy as a Result of COVID-19?”. As many know, Digital Transformation has been a hot topic in manufacturing for years. Most manufacturers had it in their ‘near-term’ plan, but COVID-19 has accelerated companies to prioritize it now.
PYMNTS
NOVEMBER 5, 2020
The U.S. Department of Justice sued Visa on Thursday (Nov. 5) to block its planned $5.3 billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. “Visa seeks to buy Plaid — as its CEO said — as an ‘insurance policy’ to neutralize a ‘threat to our important US debit business,’” the Justice Department said in its lawsuit, filed in San Francisco federal court.
Accenture
NOVEMBER 6, 2020
Sibos 2020, the world’s largest financial services conference, was held virtually this year from October 5-8. The theme this time was “Driving the evolution of smart finance.” As usual, the conference served as a platform for the global finance community to have stimulating discussions and exchange ideas. Seven key themes for payments jumped out at….
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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.
Jack Henry
NOVEMBER 5, 2020
Last week we discussed the origins of security information and event management (SIEM) cybersecurity solutions and where they have evolved with the expansion of machine learning and smarter systems. This week, we’ll explore how security orchestration automation and response (SOAR) solutions differ and can complement next-generation SIEM (NG SIEM) and build a powerful holistic cybersecurity tool.
Perficient
NOVEMBER 5, 2020
Unlock the Power to optimize your WMS Solution. Congratulations, you have successfully answered the questions asked in 5 Questions to See If You are Prepared for a WMS Solution and a solution is in place. Time to sit back, reap the returns, and watch the increased productivity soar. Right? Or is it time to unlock the power to further optimize your solution?
PYMNTS
NOVEMBER 3, 2020
There’s no shortage of pain points to catalog from the past six months: A global pandemic, worldwide economic disruption, record-breaking unemployment, an invasion by murder hornets — the hits never seem to stop. But the running theme through all of the frustration that 2020 has created is uncertainty and the feeling that one never quite knows what’s going to happen next.
Accenture
NOVEMBER 3, 2020
In my previous post in this blog on the journey to cloud, I looked at how to select a cloud provider. In this latest post, I move to a further critical determinant of effective performance: having the right cloud operating model. Your cloud operating model should provide to your cloud organisation the appropriate structure, capabilities,…. The post Getting the Cloud Operating Model Right appeared first on Accenture Banking Blog.
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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.
Payments Source
NOVEMBER 1, 2020
As the pandemic and economic downturn take their toll on consumer spending, the card companies are relying on scale, partnerships and subsidiaries to turn consulting, security and fast technology deployment into new and sustainable revenue streams.
Perficient
NOVEMBER 3, 2020
Welcome back to part 3 of the “Four Microsoft 365 network connectivity principles you need to know” blog series! Last time we discussed the topic of local egress and how enabling local egress of Microsoft 365 data ensures the greatest chance of the traffic being routed through the closest Microsoft network point of presence in turn giving you the best performance.
PYMNTS
NOVEMBER 4, 2020
From concept to pilot to corporate payment game changer. Umar Farooq , CEO of J.P. Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. The conversation took place against the backdrop where, late last month, J.P.
ATM Marketplace
NOVEMBER 3, 2020
Data from the Federal Reserve indicates consumers have a lot of cash on their hands as a result of the pandemic. Most have used cash while paying in person during the pandemic.
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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.
Payments Source
NOVEMBER 3, 2020
The Shanghai stock exchange will suspend Ant Group Co.’s $35 billion IPO after Jack Ma was called in for “supervisory interviews" with Chinese regulatory agencies.
Perficient
NOVEMBER 3, 2020
Earlier this summer, Instagram started testing a new feature by adding in a shopping icon, replacing the legacy activity feed icon. I have yet to see this feature on my personal Instagram account until this morning. While Instagram has recently released its new “reels” feature, this new step to replace the activity feed with the shopping icon shouldn’t be overlooked and is a very important development.
PYMNTS
NOVEMBER 3, 2020
In today’s top news in digital-first banking, digital payments network Zelle crossed over the one-billion transaction mark, while China’s tests of a digital yuan have processed over four million transactions. Plus, Bloomberg clients will now have the capacity to use the company’s terminal to look at Credit Benchmark’s risk data. Zelle Says P2P Payments Top One Billion Transactions.
ABA Community Banking
NOVEMBER 4, 2020
Americans don’t like to talk about money. But when a serious and sudden health event takes place, powers of attorney are a critical step to help families prepare for potential caregiving needs. The post Understanding Powers of Attorney to Protect Seniors appeared first on ABA Banking Journal.
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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