South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. We will share what we believe are the important parameters when considering a hedging partner for a community bank.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

JANUARY 30, 2020

These operations are quantifiably more efficient: A recent study found that customers typically spend nine minutes to acquire a check from a bank teller, but only 40 seconds to complete the same task with a self-service kiosk. Banks are rapidly undergoing digital-first transformations to offer these services.

Operations 152

Operations ATM Cards Case Study 152

Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities.

Industry 221

Industry Regulation Compliance Data 221

Perficient

NOVEMBER 16, 2020

On October 30, 2020, the Consumer Financial Protection Bureau (CFPB) issued a final rule that “focuses on debt collection communications and gives consumers more control over how often and through what means debt collectors can communicate with them regarding their debts.”.

Analytics 294

Analytics Compliance Cards Operations 294

South State Correspondent

JUNE 7, 2023

This article details why banks are a special case and then provides our interactive estimate to see what your bank might be eligible to receive. It helps financial institutions evaluate their eligibility for ERC, and if they qualify, it helps them prepare the materials needed to support an ERC claim with the IRS.

Taxes 195

Taxes Meeting Operations ATM 195

Perficient

JULY 12, 2022

Across financial services – industries such as banking, wealth management, and insurance – the need for greater personalization has been a theme for several years. What does your brand portray to the market? The connection between technology and consumers in financial services has never been more relevant.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows.

Analytics 293

Analytics Examples Trends Operations 293

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. The American Hospital Association estimates COVID-19’s financial impact will reach $200B by the end of June. We believe this new reality may be with us for the rest of 2020 and beyond.

US 522

US Marketing Automation Marketing System 522

PYMNTS

JANUARY 16, 2019

However, the company has been investing more into its cloud operations as of late. “Cloud and emerging technologies are moving quickly, and we need to invest to make sure we can stay ahead in terms of what we can offer our customers,” said Hare in November. .

Operations 134

Operations US Taxes Resources 134

PYMNTS

APRIL 12, 2017

Analytics software company FICO’s latest strategic partnership expands its credit score capability offerings to a new audience. The company announced this week its decision to partner with global financial dignity and economic empowerment non-profit organization, Operation HOPE.

Operations 101

Operations Analytics Community Software 101

PYMNTS

OCTOBER 8, 2020

8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. With a line of credit from Ripple, your financial institution can use XRP to complete instant, low-cost cross-border transfers,” the company said in its announcement.

Capital 250

Capital blockchain Operations Payments 250

PYMNTS

DECEMBER 29, 2020

Everyday operations ground to a halt for most consumers, businesses and financial institutions (FIs) when the pandemic began, and credit unions (CUs) were no exception. We were able to get everybody working from home within 48 hours with little to no disruption,” she explained. “We Digital Banking's Rise In The CU Space.

Capital 190

Capital Operations Mobile Innovation 190

Abrigo

DECEMBER 17, 2019

The expected outcome of greater inventory at a lower cost, as we have seen in prior years, is an increase in fraud activity and cyberattacks heading into the end of the calendar year. Carding shops offer bulk sales on compromised payment card data. There are many operators of mule networks offering their services on the Dark Web.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

DECEMBER 11, 2020

By bringing modern digital technology and payments expertise to existing businesses, the startup has been able to double its offerings – and then double them again – at a time when the world was contending with the coronavirus. So we launched an entertainment platform,” he said. Basically, we did like 150 live music sessions.

Industry 270

Industry Capital America Operations 270

Jeff For Banks

APRIL 4, 2024

Interest Rates So many financial institutions had a positive GAP (assets that are maturing or repricing within one year minus liabilities that are maturing or repricing within one year) during the Fed's ambitions five quarter rate hike from zero to 5.25%, meaning that they were asset sensitive and their net interest margins should have expanded.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

Abrigo

JUNE 23, 2023

A unified data platform helps banks organize without the headaches Abrigo Connect offers an alternative to data warehousing that lets financial institutions more easily put their data to use. Takeaway 2 Some form of data organization is a must, so financial institutions may consider alternatives like a data platform.

Data 195

Data Lending System Management 195

Perficient

FEBRUARY 2, 2023

In 2023, we expect to see this response exaggerated and heightened. One example of this effort, which we expect to see more of in 2023, is biometric payments. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

PYMNTS

SEPTEMBER 19, 2017

Jon Burrell, vice president of operations at international payments platform   Currencycloud ,  takes PYMNTS through the ways firms in B2B and beyond can keep customers happy and the coffers full — even when operating across borders, and all while the clock is ticking. B2B Payments Via Banking Providers Are Slow And Expensive.

Operations 116

Operations Payments Industry System 116

PYMNTS

DECEMBER 7, 2020

According to Ricardo Pero , CEO of SellersFunding , that places many eCommerce sellers in a precarious financial situation. What's more, third-party platforms force sellers to wait to access their revenues, making cash management an even more arduous process. The company now operates in the U.K., Europe, Canada, the U.S.

Capital 356

Capital Online Tools Lending 356

PYMNTS

DECEMBER 9, 2020

At what price will DoorDash end the day? Or it may be a last gasp amid heightened valuations and investor enthusiasm, with a focus on a business model that has soared – and may, depending on how you look at it, face fresh challenges that crimp the drive to realizing black ink on the operating line.

Operations 190

Operations Report US Capital 190

Perficient

FEBRUARY 17, 2023

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

San Francisco 275

San Francisco Cards Online Payments 275

Abrigo

JULY 7, 2021

Financial Institutions and CRBs. Financial institutions need to determine their risk tolerance for banking CRBs, including marijuana, hemp, and CBD. Every bank and credit union in the United States either operates in a state that has legalized or decriminalized some form of cannabis or borders one that has. around Banking CRBs.

Compliance 195

Compliance Operations Regulation United States 195

South State Correspondent

FEBRUARY 18, 2024

We recently reviewed a loan term sheet from a national bank for a $13mm commercial real estate (CRE) loan. The bank offered a 25-year amortizing loan with a ten-year term and required the borrower to hedge its interest rate risk. Further, this CRE financing is a high-leverage loan (see table below for financial underwriting ratios).

Management 195

Management National Guidelines Capital 195

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). The service, offered by a network of banks in the Nordics, has been adopted by more than 10,000 registered businesses, the FinTech company said.

Fintech 248

Fintech Cards Regional Management 248

Abrigo

JANUARY 24, 2024

Should we panic? The FDIC bid process is highly confidential and typically operates within a short window before the FDIC officially closes a bank and declares a successful acquirer. Find out what auditors and regulators will be looking for as it relates to CECL.

FDIC 195

FDIC Regulation Strategy Data 195

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice.

Industry 221

Industry Conference Meeting Maine 221

Cisco

JANUARY 10, 2023

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

Perficient

AUGUST 12, 2022

In the report, Forrester defines service providers as: “Organizations that engage with technology and data leaders to apply AI to strategic and operational business transformation initiatives across the enterprise or within areas of the business to drive competitive advantage. And then we “start small and act fast” by prioritizing use cases.

Report 275

Report Data Analytics Industry 275

Abrigo

OCTOBER 10, 2023

WATCH WEBINARS Takeaway 1 All businesses perform industry analysis, but financial institutions in particular must know their customers' competitive landscape. Takeaway 3 Industry analysis can strengthen your bank or credit union's credit risk rating system and help you offer products to meet customers' needs.

Analysis 195

Analysis Industry Risk Management Lending 195

PYMNTS

FEBRUARY 7, 2020

Cross-pollination in financial services — leveraging payments across digital and physical channels — is an emerging trend, especially when it comes to cross-border transactions, and especially with remittances. Yet what might be likened to a “traditional” business, done in person, though agents, has had a relatively rougher road.

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Conference ATM Company cryptocurrency 250

PYMNTS

NOVEMBER 20, 2020

But what does the process of digital adoption actually look like from the vantage point of the CFO? Interestingly enough, I would actually say the pandemic has been helpful to us, because it's made us think more about how we can use technology to solve some of our problems," Brown told PYMNTS in a recent interview.

Fintech 218

Fintech Strategy US Technology 218

PYMNTS

NOVEMBER 5, 2020

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. This action reflects a lack of understanding of Plaid’s business and the highly competitive payments landscape in which Visa operates.”. 5) to block its planned $5.3

US 343

US San Francisco United States Policies 343

PYMNTS

NOVEMBER 2, 2020

We also see the market declining, [but] we had never expected it to decline by 20 percent," said WU Chief Financial Officer Raj Agrawal in an interview with Karen Webster. WU’s digital services were a bright spot in last week's earnings report, with Agrawal noting $600 million in revenues last year from WU's digital operations.

Trends 241

Trends Operations Retail cryptocurrency 241

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly.

Regional 214

Regional New Hampshire Tools Vermont 214

Independent Banker

SEPTEMBER 30, 2021

Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. There’s no doubt that the military community has unique financial needs. Equipped with financial tools. Photo by: Dero Sanford. By Judith Sears.

Arkansas 168

Arkansas Community Bank Community Operations 168

PYMNTS

JANUARY 31, 2021

OnPay Solutions , which works in accounts payable (AP) automation, has struck a partnership with business innovation intelligence platform CapX to offer new supplier payment automation for clients, according to a press release.

Tools 168

Tools Resources Operations Strategy 168

PYMNTS

SEPTEMBER 3, 2020

Businesses are understandably following suit, adjusting their operations to cater to customers’ growing preferences for digital-first everything. An integrated, cloud-based content management system (CMS) could offer key benefits by allowing firms to access an eCommerce ecosystem that might otherwise be unobtainable.

Payments 193

Payments System Operations Management 193