South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

JUNE 11, 2020

CargoX ’s Platform for Blockchain Document Transfer (BDT) was connected with the Port Community System (PCS) of India amid a push in the country for trade documents, including of bills of lading, to be digitized, WorldCargo News reported. The firm has reduced its standard account minimum to $3,000.

Bitcoin 142

Bitcoin blockchain Community System 142

Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

Perficient

AUGUST 5, 2020

A few examples include technical and user documentation, development, process improvement, time and task management, team building, meetings, mentorship, volunteering for culture events, and interviews. They also benefit by the research, process improvement, and documentation I do.” — Ryan Bourque , Senior Technical Consultant.

Technology 441

Technology Austin Leadership US 441

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Abrigo

DECEMBER 2, 2015

The following is an excerpt from the Sageworks whitepaper "The Automation Revolution: How Technology is Changing the Way Firms Operate". As consumers adopt the latest technology, businesses must do the same in order to provide services and customer experiences that align with today’s technology. shifted to 2.0

Operations 150

Operations Technology Customer Experience Software 150

BankInovation

MARCH 10, 2021

Romulus specializes in building software products that automate document-heavy operations in financial services. The New Delhi-based Romulus helps customers extract, structure and analyze internal and third-party documents. Romulus’ technology is pre-trained to understand and contextualize more than 200 […].

Software 64

Software Training Technology Operations 64

Perficient

NOVEMBER 6, 2024

SEC The Securities and Exchange Commission (SEC) issued a proposed rule in July 2023 to address conflicts of interest associated with broker-dealers’ and investment advisers’ use of predictive data analytics (“PDA”) and similar technologies, including AI.

Regulation 221

Regulation Compliance Analytics Policies 221

PYMNTS

FEBRUARY 18, 2020

Technology tends come with much advanced promotion — for the good reason that the more novel an idea, the more time needs to be spent building excitement for something that is, at base, unknown. This technology has generated a hype cycle in terms of how it would change the game in securing data and locking out the fraudster.

Regional 145

Regional Security Mobile Technology 145

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. digital banking).

Technology 78

Technology System Software Groups 78

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started.

Technology 195

Technology Lending Capital Meeting 195

Perficient

DECEMBER 14, 2023

With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. Automated Invoice Processing, at its core, leverages technology to streamline and automate the entire invoicing workflow. In today’s world of business finance, achieving efficiency and accuracy is critical.

Training 221

Training Strategy Data Exercises 221

Perficient

DECEMBER 14, 2023

With the onset of digital technologies, the transformation of manual tasks into automated processes is a game changer. Automated Invoice Processing, at its core, leverages technology to streamline and automate the entire invoicing workflow. In today’s world of business finance, achieving efficiency and accuracy is critical.

Training 221

Training Strategy Data Exercises 221

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 83

Operations System Groups Technology 83

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. To achieve this, you need to define a framework for your organization which are tools/technology agnostic and build governance around the framework . Faster operations – peer-to-peer.

Software 309

Software Operations Tools System 309

PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

Abrigo

MAY 30, 2017

The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible. By implementing automation technology each staff member can increase their productivity to get more done with the existing staff. This is doubly true when hiring additional staff can take several months.

Technology 150

Technology Community Bank Lending Community 150

PYMNTS

JUNE 12, 2018

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

Operations 116

Operations Survey blockchain Technology 116

Abrigo

SEPTEMBER 26, 2017

A major concern surrounding technology expenditures is whether the investments will generate a return for the accounting practice. However, identifying the return on investment begins with ascertaining which everyday challenges can be addressed with technology. The end result?

Technology 150

Technology eBook Taxes Meeting 150

Cisco

JANUARY 24, 2023

The purpose of this plan was to understand the application and complexity of these regulations as they apply to technologies, so that we can evaluate technologies used to help teams satisfy these requirements. At Cisco, we work with these different groups, and their deployments of best in class technologies.

Meeting 91

Meeting Regulation Management Technology 91

PYMNTS

SEPTEMBER 17, 2020

Physical documents introduce a trove of friction points for the enterprise. Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. A (Digital) Document Deluge.

Compliance 157

Compliance Taxes Industry Data 157

PYMNTS

MARCH 4, 2020

The paperwork and delays that employee expenses generate can strain any business’s operations. This is why Paul Davis is turning to new technology, Floyd said. The technology] allows us to set up an authorization profile. Bringing Innovation to a Traditional Industry. … It gives us a lot more control.”.

Management 141

Management Technology Analytics Resources 141

Perficient

NOVEMBER 8, 2024

The CAIO and AI Program team are responsible for ensuring that these controls are designed and operating effectively to provide sufficient assurance that the Board can mitigate risks from non-compliant AI uses. Any decisions to grant or revoke a waiver will require documentation of the scope, justification, and supporting evidence.

Regulation 221

Regulation Risk Management Policies Compliance 221

PYMNTS

SEPTEMBER 6, 2018

In addition, China’s Beijing Inspiry Technology is deploying a mobile payments in Japan , and Volopa has chosen Onfido to help verify applicants’ identities when on-boarding new clients. In other news, China’s Beijing Inspiry Technology Co., Welcome to The Axis, your late look at payments news from around the world.

Technology 108

Technology Cards Mobile Payments 108

Perficient

OCTOBER 28, 2024

CFPB On June 24, 20024 the Consumer Financial Protection Bureau (CFPB) approved a new rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.

Regulation 221

Regulation Fraud Tools Compliance 221

Perficient

FEBRUARY 17, 2021

EDI remains an indispensable technology that has evolved gradually over the last 50 years, but many EDI products are showing their age. Now is the time for businesses to keep pace with these changes, but to do so, it is essential to understand B2B processes and technologies and how to optimize them. Why Perficient.

Management 340

Management Customer Experience Technology Innovation 340

Abrigo

MARCH 13, 2020

Gather documents more efficiently and consistently Prevent entering the same data multiple times or in multiple places Accelerate loan turnaround times Price loans profitably Manage customer relationships effectively. Wrangling documents. The coronavirus has sent shockwaves through the markets around the globe. Download Whitepaper.

Community 195

Community Lending Analytics Management 195

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

OCTOBER 12, 2020

Software as a Service technology by banking software company Temenos will be used to power the new FlowBank digital bank solution in Switzerland, a press release says. FlowBank achieved its banking license in July of this year, and has planned to launch operations by the end of the year.

Software 217

Software Regional Digital Banking US 217

Abrigo

JULY 9, 2024

Takeaway 3 The rule also emphasizes that AML/CFT programs must be approved and overseen by the institution’s board of directors, and it encourages the adoption of new technologies. The financial services industry consistently implements new technologies and payment methods to serve its customers better and remain competitive.

Compliance 221

Compliance Fraud Regulation National 221

Gonzobanker

SEPTEMBER 5, 2024

With the inefficient, circa-2004 borrowing processes resident in many banks’ loan departments today, too few lenders are equipped to deal with the rising tide of home equity volumes that will descend like a tsunami on their operations the moment Fed chairman Jerome (What-Are-We-Waiting-For) Powell announces a rate cut. It’s coming, lenders.

Lending 139

Lending System Online Operations 139

Perficient

JULY 12, 2022

With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. The connection between technology and consumers in financial services has never been more relevant.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

Perficient

NOVEMBER 17, 2020

Many banks have leveraged digital technologies like cloud computing, robotic process automation, artificial intelligence, and chatbots in response to Covid-19. Some of these solutions were set up in a matter of days, providing immediate results to drive operations forward.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

SEPTEMBER 17, 2020

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The new laws would prevent developers from restricting access to their near-field communication (NFC) technology embedded in the phones or other devices, like smartwatches.

Apple 281

Apple Payments Technology Fraud 281

PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. In addition to attacking Trickbot with technology, Microsoft also went to court with copyright claims against the authors of Trickbot, since it includes a portion of Microsoft code. Microsoft Corp.

System 232

System Operations Security Technology 232

Abrigo

JULY 14, 2015

Companies across the globe ask themselves the same question: Is adopting new technology worth it? Perhaps the key difference between 20th century technology decisions and 21st decisions is the abundance of technology change that is occurring on a regular basis now. Video chat technology like Skype and Join.me

Technology 150

Technology social media Video Software 150