2020

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8 Trends for Healthcare in 2021

Perficient

Momentum in digital healthcare transformation… it’s massive, and much needed. As organizations adapt to new modes of care, demands on resources, and consumer expectations, payors and providers are eyeing opportunities to reduce costs, improve care, build awareness, and expand relationships. Here are 8 trends we’re currently tracking into 2021: TREND 1: The evolution of healthcare will be characterized by a reengineering of clinical care and operations around digital health and

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Fintech women of distinction

Payments Dive

NYC Fintech Women announced its second annual, 50 Inspiring Fintech Females awards. There were more than 400 nominations for recognition in five different categories. Mobile Payments Today interviewed a few of the winners to get their reaction to being selected and get their advice for women in the industry moving forward.

Fintech 545
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Why ISO 20022 is a seismic shift for payments

Accenture

There’s no two ways about it: ISO 20022 is a complex new standard for financial services firms of every description. Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. We can see why by looking at the ISO 20022 message format, which neatly encapsulates the high-level impact of the new standard.….

Payments 545
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Am I wrong about Hong Kong?

Chris Skinner

I got an amazing reply to my post yesterday. I cannot say from whom – that’s part of the thing – but it’s such a good reply, I’m sharing it here. For me, it shows how the internet has changed the world – I can write a blog from Poland, … The post Am I wrong about Hong Kong? appeared first on Chris Skinner's blog.

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5 Things Lenders Need to Know About Portfolio Loans & Their Documentation

Discover the key benefits of portfolio loans and learn how to streamline your lending process with our infographic, "5 Things Lenders Need to Know About Portfolio Loans & Their Documentation." Find out how portfolio loans can maximize borrower potential by consolidating multiple properties under a single loan, reducing paperwork, and lowering closing costs.

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Oracle, SWIFT Add Fast Cross-Border Payments For SMBs

PYMNTS

Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We see great potential for banks that are competing against FinTechs and alternate networks when it comes to cross-border payments,” Sonny Singh , Oracle Financial Services’ executive vice president and general manager, said in a statement.

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More Trending

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US equities to experiment with DLT integration in settlements

Bobsguide

The US equities market may see a combined digital ledger technology (DLT) and legacy settlement solution, as accelerated settlements gain importance. “Moving towards that T+0 model is really around doing so as an industry and doing so with a way that doesn’t force.

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The 5 Hottest Technologies In Banking For 2020

Ron Shevelin

The truly “hot” technologies in banking are the ones that financial institutions invest in—which are not always the ones that the pundits are talking about.

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What every company should know about a data breach

ATM Marketplace

A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company should a major data breach occur?

Company 169
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The Bank Underground Christmas Quiz

BankUnderground

Before Bank Underground goes off on its Christmas holidays, it’s time for the Annual Bank Underground Christmas Quiz! We hope you enjoy testing your knowledge on our festive themed questions on economics, finance and all things central banking…. 1) Why did the 2008 Financial Crisis push up the price of Christmas Trees in 2020? Please view this post in your web browser to complete the quiz. 2) Which of the following financially-named songs made it to number one in the UK charts?

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable

TheGuardian

Retailers and banks have been pushing us to use contactless payments and online services for hygiene reasons. But many older, abused and unbanked people still depend on cash. What will happen to them? It had taken so much for Tina to get to the supermarket; to go home empty-handed left her in tears. Tina, 47, has conditions including chronic fatigue syndrome, fibromyalgia, post-traumatic stress disorder, anxiety and depression.

ATM 145
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Strengthening Our Global Delivery Capabilities with PSL

Perficient

We’re excited to announce that Perficient has expanded to South America with the acquisition of Productora de Software S.A.S. (PSL), a nearshore software development company based in Medellin, Colombia. With this acquisition, Perficient furthers our commitment to optimized global delivery as an approach to help lower delivery costs while maintaining high quality.

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Can blockchain transform cross-border payments?

Payments Dive

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments?

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Banks Get Smart on Fintech

ABA Community Banking

What venture capital sees when it surveys the bank tech landscape. The post Banks Get Smart on Fintech appeared first on ABA Banking Journal.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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The future of payments post-pandemic (free research report)

Chris Skinner

During this quite period of time, it’s a good time for reflection and I was lucky enough to be commissioned to produce some research on how European FinTech influencers see the future of payments post-pandemic. I’m releasing the report today and here’s the opening summary: When the Covid-19 pandemic hit … The post The future of payments post-pandemic (free research report) appeared first on Chris Skinner's blog.

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PayPal, Mastercard Add 5 EU Countries To Debit Card Offering

PYMNTS

PayPal and Mastercard are bringing the PayPal Business Debit Mastercard to more businesses in Europe. The companies said in a Wednesday (Sept. 23) announcement that the card is now available in France, Austria, Italy, Ireland and Spain beyond its current availability in the United Kingdom, Germany and the United States. Small businesses can have immediate access to their PayPal funds and unlimited 0.5 percent cash back on all of their eligible spending with the debit card.

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Biometric payment cards enter the spotlight as European spending habits shift

Payments Source

Biometric cards have garnered more attention in recent times through various trials, but the coronavirus pandemic looks set to accelerate their adoption with a series of major card issuers beginning to roll out the technology.

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How banks can leverage the potential of data in cash management and treasury

Bobsguide

Data has been a hotly discussed topic in the banking world for some time now. And as firms learn to adapt to the latest pandemic pressure – whether that be new working environments or unprecedented levels of market volatility – the need for real-time visibility of their data has.

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Exploring the Liability Shift: A Comprehensive Guide to Fraud Loss Responsibility and Mitigation

Shifting liability for digital fraud losses represents a significant challenge for financial institutions and payment service providers. In response to the global surge in digital fraud, regulators are introducing policies that transfer the cost of fraud from defrauded customers to financial institutions. ThreatMark’s newly released white paper, "The Liability Shift: Understanding Fraud Losses Responsibility and Mitigation," provides an in-depth analysis of this shift, its implications, and stra

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State Of Fintech Preview: Investment Trends To Watch

CB Insights

Our State Of Fintech Preview highlights key investment trends, funding activities, and projections for 2020 (as of 12/12/20). KEY TAKEAWAYS: . Deals and dollars could see a decline from 2019 despite deals bouncing back in Q4’20. Seed/angel share may drop off in 2020 while Series B rounds could gain the most share. Seed and angel deals are projected to fall to 37% of total deal activity in 2020, down from 42% in 2019.

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Why is it so hard for a fintech to become a bank?

American Banker

The success of some fintechs in getting bank charters this year only underscores how onerous the process remains for many others. That’s unlikely to change unless policymakers reconsider what it means to be a bank.

Fintech 101
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Thinking historically

BankUnderground

Austen Saunders. Central banks want to learn from history. They can do so by drawing on decades of work by economic historians, as well as their own archives which manifest layers of institutional memory. But the path from page to policy can be difficult to find. Central banks need therefore to invest in the capacity of their own staff to think historically.

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Revealed: development banks funding industrial livestock farms around the world

TheGuardian

Investigation uncovers finance worth $2.6bn pumped into meat and dairy industries, despite warnings of links to climate catastrophe Two of the world’s leading development banks have pumped billions of dollars into the global livestock sector, despite warnings that reducing meat and dairy consumption is essential for tackling the climate crisis. The International Finance Corporation (IFC) – the commercial lending arm of the World Bank – and the European Bank for Reconstruction and Development (EB

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Why mental health is a sustainability issue for companies

The Banker

Amid lockdown, mental health is finally getting a higher profile. If this leads to a normalisation of discussions at work around mental wellbeing, companies can only benefit, writes Silvia Pavoni.

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Adjust report identifies 3 trends in mobile finance to keep an eye on

Payments Dive

As mobile finance takes up an ever-more central part of our daily lives, understanding the benchmarks and trends from within this fast growing vertical is more vital than ever. In order to answer these questions and more, Adjust has partnered with app Intelligence platform Apptopia to create the Mobile Finance Report 2020.

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3 Resolutions for Digital Banking Success in 2021

The Financial Brand

As banking executives define their 2021 goals, they must commit to improving digital experiences, leveraging data and honing human skills. The post 3 Resolutions for Digital Banking Success in 2021 appeared first on The Financial Brand.

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Digital Banking for the Poor

Chris Skinner

I have a few friends around the world that I pick up on, and The World Bank and CGAP are amongst that crew. Therefore, when I saw that Peter Zetterli, senior financial sector specialist with CGAP, was blogging about financial inclusion I couldn’t but help reach out to him and … The post Digital Banking for the Poor appeared first on Chris Skinner's 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