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How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Community banks cannot match software companies or larger banks in spending and IT development.

National 195
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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Palette, for its part, helps optimize financial management for over 4,000 clients throughout more than 50 nations.

Software 172
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October 26th – BSA/AML Day | Nationally Recognized

Abrigo

Professionals across the nation encouraged to celebrate National Financial Crime Fighter Day. We started that effort in full-force in 2017, with an idea to create a nationally recognized holiday – BSA/AML Professional Day – to be observed on October 26 th each year. You may be asking what is so special about October 26.

National 150
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Goldman Invests $40M In LeanTaaS Healthcare Software Firm

PYMNTS

Silicon Valley software innovator LeanTaaS closed a $40 million Series C3 funding round led by Goldman Sachs , LeanTaaS announced in a press release on Thursday (Dec. Healthcare spending has grown from $75 billion in 1970 — as measured by Kaiser Family Foundation analysis of National Health Expenditure Data — to as much as $3.5

Software 130
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Avalara Unveils eInvoicing Software For Tax Compliance In India

PYMNTS

Businesses can also harness flexible application programming interface (API) integrations or file uploads to reduce interruptions to existing procedures in enterprise resource planning software (ERP) and other financial technologies.

Taxes 163
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AML human trafficking red flags and other ways banks can support victims

Abrigo

The United Nations estimates there are currently 40 million people enslaved around the world, and that one-quarter of them are children. FinCEN data shows that human trafficking in the United States takes place in a wide variety of industries—hospitality, agriculture, janitorial services, construction, restaurants, domestic work, and so on.

Training 259
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UK?s National Health Service Gave Tech Giants Access To Millions of Britons? Health Records

PYMNTS

United Kingdom officials gave a California software company access to the private personal data of millions of British residents to answer questions around COVID-19, CNBC reported. Palantir is required to replace names with pseudonyms or aggregate the data before sharing it, according to the contract.

National 130