Perficient

APRIL 3, 2024

Perficient insurance experts were interviewed for Forrester’s report, “ The Top Emerging Technologies In Insurance, 2024 ,” and discussed technologies expected to emerge in the insurance industry over the next five years, considering them now, and in the short-term, medium-term, and long-term future. Interested in learning more?

Technology 221

Technology Report social media Industry 221

Perficient

MARCH 4, 2021

Do you have your own technology radar? Technology radar helps to give a view of your tools and technologies which are in play and assigning them to the different quadrants of the radar. Here are some tips to build your technology radar . Create documents to support your technology radar .

Technology 309

Technology Tools Analysis Marketing 309

BankInovation

MARCH 3, 2022

. — Unstructured data in documents is an automation focus for the Bank of Montreal. The $773 billion bank is employing artificial intelligence-based (AI) document handling as a chief technology, Atul Verma, BMO’s CIO of U.S. Intelligent document processing using technologies such […].

Charlotte 98

Charlotte Lending Technology Data 98

PYMNTS

JULY 8, 2020

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates.

Compliance 140

Compliance Online Security Technology 140

BankInovation

JANUARY 3, 2022

For banks looking to achieve a positive return on automation investment, loan documents are a low-hanging fruit. In this episode of “The Buzz," Bank Automation News speaks with financial services and technology attorney Josias “Joe” Dewey on automating financial contracts.

Software 98

Software Technology blockchain 98

BankInovation

JULY 6, 2021

When Citizens Bank wanted to import data from the financial statements of its commercial borrowers, it turned to intelligent document processing (IDP) to automate aspects of the process, which previously relied on manual keying. Intelligent document processing leverages artificial intelligence (AI) technologies to read and process documents.

Marketing 86

Marketing Data Technology 86

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

BankInovation

MARCH 11, 2022

Document artificial intelligence (AI) technology company Base64.ai ai automates document identification, recognizing IDs, invoices, checks and forms in more than 60 languages. The platform leverages AI to translate any document into standard […]. ai last week raised $1.8 million in its first funding round.

New York City 97

New York City Company New York Fintech 97

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.

Bitcoin 142

Bitcoin blockchain Community System 142

South State Correspondent

AUGUST 31, 2022

Banks are full of documents. Each document contains an extensive array of data. Then there are vendor contracts, employment agreements, statements of work, loan documents, financial statements, tax returns, deposit account documents, policies, and an array of similar applications.

Data 74

Data Training Examples Taxes 74

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

Abrigo

AUGUST 4, 2016

By Lana Richards, Contributing Writer, Sageworks Documenting audit and review procedures often feels more like administrative than value-adding work. And some procedures—like analytics, for example—require more extensive documentation due to the amount of judgment applied in their selection, design and evaluation.

Analytics 150

Analytics Compliance Software Examples 150

BankInovation

MARCH 14, 2024

Navigating the landscape of finance and technology requires innovation and a strategic vision addressing industry challenges. In the face of rising fraud, digital document collection and consumer transparency is a game-changing approach for lenders.

Fraud 59

Fraud Examples Innovation Industry 59

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

Jack Henry

JANUARY 30, 2024

For years, much of the financing industry has relied on manual methods, but as technology advances, so must the industry. Manual – it's a word that business owners and factors are attempting to erase not only from their businesses but also their lips! Manual efforts create human errors that cost time and money.

Industry 88

Industry Technology Lending 88

PYMNTS

DECEMBER 2, 2019

Technology firms in China are framing facial recognition policies at the United Nations (UN), The Financial Times (FT) reported on Sunday (Dec. 1), citing leaked documents. . Standards offer companies a market advantage since the regulations are developed to complement their own proprietary technology.

National 144

National Technology Resources America 144

PYMNTS

JANUARY 28, 2019

28) that it has acquired HelloSign , an easy-to-use eSignature and document workflow platform. In a blog post , Dropbox said that while mobile and cloud technology has transformed the way people work over the past decade, the tools they are using to collaborate haven’t kept up with the pace of change.

Tools 109

Tools Mobile Company Technology 109

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

PYMNTS

OCTOBER 23, 2020

Representations of immigration certificates in addition to resident registration cards are some of the documents encompassed by SK’s electronic public certificates, which were once provided by hardcopy and manually signed.

blockchain 141

blockchain Bitcoin Report Management 141

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

PYMNTS

SEPTEMBER 30, 2019

An internal policy document by the European Commission ’s Directorate-General for Communications Networks, Content and Technology outlines a proposed “initiative for technological sovereignty.” The document addresses how European tech companies have been unable to compete with tech giants, such as U.S.-based

Technology 116

Technology United States Leadership Apple 116

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.

Technology 78

Technology System Software Groups 78

PYMNTS

FEBRUARY 11, 2020

High volumes of trade documents are key to verifying purchases, payments, deliveries and more – but paper and manual data checks severely hamper transparency and accuracy. Technology’s New Approach To Trust. Of course, participants in the global trading ecosystem won’t simply take each other’s’ word for it.

Technology 132

Technology blockchain Fraud Resources 132

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

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

Perficient

NOVEMBER 13, 2020

The New Wave report differs from the independent research firm’s traditional Forrester Wave report in the way that it only assesses emerging technologies (such as computer vision). According to the report, “Perficient is proficient at AI strategy development and document automation.”. Your Computer Vision Provider. Learn More.

Report 508

Report Strategy Video Technology 508

American Banker

OCTOBER 3, 2024

The Federal Reserve issued two enforcement actions, one against a bank in Montana, the other against a former information technology employee in Wyoming.

Montana 68

Montana Wyoming Technology Compliance 68

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

PYMNTS

APRIL 10, 2020

There are several complexities associated with reviewing and settling claims, given the nature of the insurance industry, which requires stringent customer authentication and documentation. v , said in a recent interview with PYMNTS. Mobile Insurance Disbursement Challenges.

Mobile 198

Mobile Technology social media Customer Experience 198

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