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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Adding blockchain to the supply chain improved visibility, allowed automatic purchases through smart contracts, and kept a permanent record of what had been ordered as well as status reporting of all items in the supply chain.

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Nilson Report: U.S. Payment Card Market Tops $6T 

PYMNTS

trillion in spending for goods and services in 2018, The Nilson Report said in a press release Thursday (Sept. Conversely, American Express and Mastercard ’s commercial card market dropped. Founded in 1971, The Nilson Report provides news and information about the global card and mobile payment industry. generated $6.13

Cards 188
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Report: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274
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Palantir Reportedly Posted $580M Loss Last Year

PYMNTS

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. The California firm provided its investors with financial information before the intended market introduction.

Report 250
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10 Reports every bank and credit union should run NOW

Abrigo

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195
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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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Should You Be Marking Loans To Market?

South State Correspondent

Available-for-sale securities are reported at fair value, and any unrealized gains and losses are included in accumulated other comprehensive income (AOCI) in the equity section of the balance sheet. The AOCI is an accounting adjustment meant to reflect the economic value of assets and is the process of “marking loans to market.”

Marketing 195