Managing Loan Workouts: 10 Lender Action Items

Abrigo

Key Takeaways Managing a large volume of loan workouts is the next challenge facing many financial institutions. Managing loan workouts requires tackling numerous process-related decisions concerning selecting, analyzing, and tracking loans. Credit Risk Management.

Actively Managing Loan Duration

Banker to Banker

Uncertainty creates significant challenges for business managers, and while variability in outcomes is a business constant, the degree of uncertainty during a pandemic is extraordinary.

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AI-supported asset manager Pagaya crosses $1.2b in AUM

Bank Innovation

Pagaya, a fintech firm which uses artificial intelligence to manage institutional money, has topped $1.2 billion in assets under management, on the heels of the close of $200 million in asset-backed securities in December.

Acumatica Debuts Automated Spend Management Tools

PYMNTS

Cloud enterprise resource planning (ERP) company Acumatica has rolled out its Acumatica Advanced Expense Management and Electronic Bank Feeds for its Acumatica Cloud ERP solution, which will increase automation and electronic banking, according to a press release.

Tools 163

Democratizing AI for All: Transforming Your Operating Model to Support AI Adoption

Democratization puts AI into the hands of non-data scientists and makes artificial intelligence accessible to every area of an organization. With the emergence of enterprise AI platforms that automate and accelerate the lifecycle of an AI project, businesses can build, deploy, and manage AI applications to transform their products, services, and operations. But in order to reap the rewards that AI offers, it is essential that businesses first address how their organizations are set up, from their people to their processes. Democratizing AI through your organization requires more than just software. It may require changing your operation models and finding the right guidance to realize the full breadth of capabilities.

JPMorgan On The Digital Transformation Of Corporate Liquidity Management

PYMNTS

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Centralized access to information is critical as treasury management requires managing liquidity across jurisdictions and across currencies.

TCV Acquires Spend Management Tech Firm Oversight

PYMNTS

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions.

eBay To Expand Payments Management In Europe

PYMNTS

It soon will be time for eBay 's payments management system to learn to say "merci," "grazie" and "gracias.". 9) that in the first quarter of 2021, it will begin offering payments management in France, Italy and Spain. eBay began managing payments to a limited number of U.S.

U.S. Bank ties expense report management to virtual cards

Payments Source

Bank Expense management software Virtual assistants Digital Banking 2020The bank worked with TravelBank, a fintech, to offer virtual cards and an app that automatically generates expense reports. Digital banking Fintech U.S.

TravelBank, U.S. Bank Team On Virtual Cards, Expense Management

PYMNTS

Bank in order to integrate the former’s travel and expense management platform with the latter’s U.S. Bank Instant Card, in order to boost expense management for corporates, according to a press release. TravelBank will work with U.S.

Why B2B Contact and Account Data Management Is Critical to Your ROI

64% of successful data-driven marketers say improving data quality is the most challenging obstacle to achieving success. Given data’s direct impact on marketing campaigns, reporting, and sales follow up, maintaining an accurate and consistent database is a top priority for B2B organizations. This latest eBook aims to help marketing leaders understand the impact of data management on their company’s ROI.

Barclaycard On Everyday Spend Management And The Digital Shift

PYMNTS

Parpou discussed in an interview with PYMNTS how the pandemic is creating unprecedented demand for digital improvements to legacy spend management systems and how such advances could change what constitutes everyday business spend for good.

Brookfield Asset Management Raises A Record $23B

PYMNTS

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Retail Brookfield Asset Management Investments News What's Hot

SutiSoft Debuts Tech For Receipt Production, Management

PYMNTS

program, which will work to help procurement teams create receipts and manage the return merchandise authorization (RMA) program effectively, according to a press release. SutiSoft also recently rolled out a set of expense management tools under SutiExpense 9.2,

Best Practices for Managing Credit Risk in Recession

Abrigo

Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Loan grading is another pillar of managing credit risk that should be evaluated frequently. The post Best Practices for Managing Credit Risk in Recession appeared first on Abrigo.

Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

Helping Nonprofits Embrace Cash Management

PYMNTS

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. .

Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

PYMNTS

Corporate travel manager CWT paid $4.5 Security & Fraud Bitcoin CWT fraud Hackers hacking News ransom Security travel travel management What's Hotmillion worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31).

Model portfolios remain a non-transparent part of asset-management

Daily Fintech

The post Model portfolios remain a non-transparent part of asset-management appeared first on Daily Fintech. WealthTech asset management ETFs model portfoliosEfi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3

Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement.

Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

In 2019, DiscoverOrg commissioned Forrester Consulting to evaluate sales and marketing intelligence practices in the B2B space. The primary takeaway? Forrester found only 1.2% of companies achieved a score indicating maturity in data management practices. However, organizations are fighting back - and winning.

Monit Debuts Platform For SMB Cash Flow Management

PYMNTS

B2B Payments B2B cash flow management Monit News SMBs What's Hot In B2BTo help those who own small companies with greater power over their finances, Monit is rolling out its mobile finance platform on Tuesday (Sept.

Tips For Talking To Your Parents About Managing Their Finances

BankBazaar

Additional Reading: Old School Money Management Tips You Could Learn From Your Parents. The post Tips For Talking To Your Parents About Managing Their Finances appeared first on BankBazaar - The Definitive Word on Personal Finance.

How Your Asset/Liability Management Model Makes Budgeting and Forecasting Easier

Abrigo

Key Takeaways A good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process. The good news is a good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process.

How Your Asset/Liability Management Model Makes Budgeting and Forecasting Easier

Abrigo

Key Takeaways A good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process. The good news is a good asset/liability management (ALM) model has a wealth of information and tools that can be used in the budgeting process.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

Sofi, Quovo Show Off New Wealth Management API

Bank Innovation

A quick, seamless API for wealth management customer authentication and data aggregation may not fix all of SoFi’s problems, but it certainly helps. The alternative lender demoed its new Authentication API, built in partnership with Quovo, a financial data aggregator for wealth management, at the FinDEVr conference today.

A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. For many, that means risk assessments conducted only once a year, a single executive in charge of managing thousands of vendor relationships, and companies that lack visibility into how many suppliers they have.

Is Subscription Management the Bridge between Insight and Action?

Bank Innovation

It’s time to move beyond merely presenting data and toward helping customers take informed action on their finances with that data, according to Jonas Karles, co-founder and COO of Minna Technologies, a PFM provider for subscription and recurring payment management. Open Banking Payments Premium Retail Sales & Marketing Startups Wealth Management APIs Danske Bank ING Minna Technologies OP Bank PFM Swedbank Swedish fintech Yolt

Alberta Investment Management deploys Nutanix Enterprise Cloud

Bank Innovation

Alberta Investment Management Corporation (AIMCo) is one of Canada’s largest and most diversified investment managers, committed to finding the best investment opportunities from around the world for its clients. To support its strategy of employing innovative, best-of-breed applications via a service-oriented architecture, it has chosen to use Nutanix Enterprise Cloud. The Nutanix environment supports a […]. Sponsored

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

WWS Business Analytics Management

Mobile Payments Today

WWS Business Analytics Management (WWS BAM) is the Data Analytics application module of the WWS software suite

Merrill Lynch Wealth Management Adds Texting Feature for Financial Advisors

Bank Innovation

EXCLUSIVE – Merrill Lynch Wealth Management is adding a client-to-advisor texting capability to its mobile app starting next month. For the feature, Merrill Lynch has partnered with mobile communication solutions provider CellTrust to manage, track, and deliver text messaging. Commerce Exclusive Innovations Mobile Online Retail Bank of America Merrill Lynch Wealth Management

Swift to focus on transaction management to fuel faster payments

Payments Source

After two years of helping banks connect globally to domestic faster payments rails, Swift is planning to expand on that concept. Cross border payments Faster payments SWIFT

7 Reports Your ALM Model Can Provide to Manage Changes Ahead

Abrigo

Key Takeaways ALM professionals often inquire about reports they can run using their ALM models to help manage their financial institutions. Get more management insight from your ALM model. 7 Reports Your ALM Model Can Provide to Manage Changes Ahead.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.