Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

NOVEMBER 8, 2018

Leafbuyer Technologies, the cannabis technology company, announced Thursday (November 8) it has acquired Greenlight Technologies, a California-based application development company. Both the consumer and client experience will improve with the addition of this user-friendly technology.

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PYMNTS

JULY 1, 2020

Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? It’s true, but not for long. AI Poised for a “Profound Impact”.

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System Digital Banking Tools User Experience 268

PYMNTS

MAY 19, 2020

Payment collections software company Ontario Systems has acquired SwervePay to help bolster its electronic payment capabilities, according to a press release. Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax.

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System Payments Taxes Software 239

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

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System Payments Study Capital 246

PYMNTS

JULY 1, 2020

Dubbed the Pan European Payment System Initiative, or PEPSI, the group has the support of 20 French and German banks, and would handle all forms of cashless transactions. . PEPSI promises to rival not only the two credit card giants, but also other financial technology companies including Google , Apple , Alipay and WeChat Pay. .

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System Payments Cards Groups 327

PYMNTS

OCTOBER 1, 2020

Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct. Castles Technology customers will benefit from having a local presence and more access to the new technology.

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Technology Payments Regional Innovation 172

PYMNTS

MAY 16, 2020

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from circulation. Credit card giant Visa has filed an application for a U.S.

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System blockchain Regional Security 320

PYMNTS

FEBRUARY 1, 2021

Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis. A Decade Of Disparate Technology.

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System Fintech Data Strategy 207

Abrigo

JUNE 9, 2020

Technology has enabled financial institutions to operate more quickly and efficiently, creating a better experience for customers. The partnership between the Sageworks Loan Origination System (LOS) and Fusion LaserPro is the first in the market. Generate defensible loan documentation more efficiently. Learn more.

Technology 195

Technology Lending Compliance Data 195

Perficient

JUNE 24, 2023

In today’s digital landscape, having a solid digital strategy and embracing cutting-edge technology are key factors for business success. However, many enterprise organizations face challenges when it comes to coordinating the rollout of new marketing technology products and achieving scalable growth.

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Tools Digital Strategies Analytics System 251

PYMNTS

NOVEMBER 18, 2020

Artificial intelligence (AI) is transforming the food service sector by helping restaurants boost their sales as well as improve and automate systems that were once managed by staff. Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI. Boston Market On The Fraud-Fighting, Customer Service-Enhancing Power Of AI.

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Boston Fraud Marketing Mobile 186

Abrigo

MARCH 3, 2022

By leveraging their strengths in relationship lending and their access to technology in order to grow the small business loan portfolio profitably. CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market.

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Lending Community Marketing Community Bank 195

PYMNTS

FEBRUARY 18, 2020

There’s not much argument against self-checkout systems as a means of improving the customer experience, but at least a temporary blowback to the technology has begun. Opposition from the workforce that could be displaced by the technology is growing louder, even as consumers appear to be embracing self-checkout.

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Technology Customer Experience blockchain Data 160

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. A Permanent Shift for Payments.

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Technology United States Innovation Video 182

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

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Technology Innovation Strategy System 237

PYMNTS

DECEMBER 16, 2019

government affairs and public policy, said in a letter to the Fed that Google “worked closely” with the National Payments Corporation of India (NPCI) to build Google Pay for the Indian market. First, UPI is an interbank transfer system. … Second, it is a real-time system. Mark Isakowitz, Google’s head of U.S. billion now.

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Google System Payments Study 144

The Financial Brand

MARCH 25, 2024

This article Why Marketing Has a Critical Stake in ‘Data Migration’ from Legacy Systems appeared first on The Financial Brand. Marketing must be in the room as decisions are made. Mergers and moving to the cloud help drive new thinking about data.

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System Data Marketing Branding 32

Gonzobanker

APRIL 25, 2024

“It’s time we embark on a journey to modernize and invest in a powerful customer relationship management system!” Hoodwink, a suave sales professional from the Big City who convinced them that the bank’s current core system lacked a 360-degree view of the customer and what they desperately needed was his OopsieDaisy CRM solution.

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System Training Community Bank Management 143

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

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Community Bank Community Marketing Data 129

PYMNTS

MARCH 5, 2019

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country.

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System Mobile Report Payments 173

PYMNTS

OCTOBER 21, 2020

Volante Technologies, which works in cloud payment processing and messaging, has landed a big new client, Grupo Financiero Banorte. In particular, VolPay is a “cloud-native” and “API-ready” system that provides “end-to-end processing of domestic and international payments,” according to Volante.

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System Payments Digital Strategies Capital 140

Payments Dive

MAY 4, 2018

with the launch of The Clearing House RTP system in November. Will the technology ultimately prove to be, as predicted, "one of the most important payment transformation efforts in our industry"? Real-time payments infrastructure officially arrived in the U.S.

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US Payments Marketing System 325

PYMNTS

MAY 29, 2018

software company Verint Systems, Inc. is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. Verint — b ased in Melville, NY — trades on the Nasdaq Stock Market with a market value of around $2.8 Spokeswomen for all three companies declined to comment on the report.

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Groups System San Francisco Software 164

PYMNTS

MAY 14, 2020

To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. As it stands, EMQ is licensed in Singapore, Indonesia, and Hong Kong, while it is registered in Canada as a Money Service Business.

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System Payments America Security 255

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Enter Finxact.

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Financial Technology Technology Fintech Community 149

PYMNTS

NOVEMBER 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. TARGET2 is the top European platform for processing larger platforms, the release stated.

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System Payments Operations Software 217

PYMNTS

FEBRUARY 27, 2019

These market conditions may not seem ripe for FinTech innovation, but where there are challenges, there are opportunities. Michael Sassoon, CEO of banking and technology firm Sasfin , recently told PYMNTS about some of the country’s biggest hurdles in small business FinServ — and what technology innovators hope to do about them.

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Technology Industry Innovation Big Data 190

PYMNTS

MARCH 11, 2019

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. These systems can provide restaurants with the ability to check their inventories or update their menus, for example. The global POS terminal market’s expected value by 2023 is $109.5B.

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Retail Technology Atlanta San Francisco 213

PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. This month’s Deep Dive explores some of the most effective public-facing technologies that drive speed in the industry, particularly kiosks, which allow diners to customize, place and pay for orders without waiting in line.

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Technology Operations System Cards 146

Bank Innovation

MARCH 16, 2018

EXCLUSIVE—The legacy infrastructure of most banks leaves something to be desired, and payments technology provider Baton Systems wants to use the cloud, APIs, and distributed ledger technology to help.

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System Financial Technology Technology Innovation 186

PYMNTS

OCTOBER 22, 2018

Fair Isaac, creator of the FICO credit score, will be rolling out a new scoring system in early 2019. FICO revealed that it is in discussions with several lenders, including banks and financial-technology firms, that have expressed interest in using the new score in a pilot. Currently, a record 58.2 percent of U.S.

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System Analytics Financial Technology Fintech 237

PYMNTS

APRIL 29, 2020

As he told Webster, “in many mature markets, the responses of most of these institutions have been fast and consistent, with business continuity plans established under the supervision of regulators.”. He added that “some players who were already advanced in their technology journeys are able to use cloud resources to scale quickly.

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Technology System Meeting Resources 142

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

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