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Q&A: Perficient Chairman and CEO Talks Recent Appointment to St. Luke’s Hospital Board of Directors

Perficient

Following his recent appointment to the board of directors of St. Luke’s Hospital, a faith-based, nonprofit healthcare provider headquartered in St. Louis, I chatted with Jeff Davis , Perficient Chairman and CEO, about the distinction and his goals for working with the healthcare provider. Jeff, thanks for the time.

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Credit Unions Find ‘Co-opetition’ Key To Closing The Innovation Gap

PYMNTS

The total number of CUs in operation declined from 6,743 in 2015 to 5,390 as of 2019, but the total number of CU members increased over the course of the decade from 89.3 One such innovation comes from credit union service organization (CUSO) PSCU , which recently released a desktop automation system to optimize CU call centers.

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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. First Bank of St. Louis, one of the largest privately-owned banks in the U.S.,

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Fed’s Sapenaro On How To Forge Ahead With Payments Innovation

PYMNTS

With initiatives like the Faster Payments Task Force and the Secure Payments Task Force, the Fed is pushing for innovation and progress in the nation’s payments infrastructure and market. This month the Federal Reserve named Dave Sapenaro , its current first vice president and chief operating officer at the Federal Reserve Bank of St.

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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

PYMNTS

Yet now, said Reuters, the Fed has said there is not enough risk management in place to allow FinTechs full-fledged access to the payment system. Louis Fed President James Bullard told Reuters in November, the FinTechs “probably do want access to the payments system, but they don’t want the regulation that would come with that access.

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Faster Payments And The Fed, Two Years On

PYMNTS

More than two years after the Fed’s Faster Payments Task Force first took shape in 2015, the push toward innovation and improved infrastructure (and why shouldn’t the two be intertwined?) David Sapenaro, first vice president and chief operating officer of the St. remains in full force. .

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. Louis Fed : [S]mall-business loans—i.e.,

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