Perficient

NOVEMBER 1, 2023

Intelligent automation and generative AI can unlock tremendous value for financial services leaders who want to optimize experiences and reduce costs. Perficient was honored to participate in the inaugural Banking, Financial Services, and Insurance (BFSI) event hosted by Kofax. With more than 50 financial services and insurance professionals in attendance, this event showcased the industry’s unwavering commitment to practical innovation.

Industry 251

Industry Operations Compliance Strategy 251

Payments Dive

NOVEMBER 1, 2023

Google CEO Sundar Pichai did not provide details on how PayPal used the tool, saying only that it helped “boost developer productivity.

Google 418

Google Tools 418

Perficient

NOVEMBER 1, 2023

In today’s world, enterprises must put an emphasis on their cloud transformation, or they’ll be left behind. To have success, organizations must adopt cloud in concert with business vision to deliver digital initiatives and strategic goals. One of the leading drivers of digital transformation is application modernization and migration, but unfortunately, not everyone has the internal resources to champion these efforts on their own.

Report 221

Report Strategy Digital Strategies Customer Experience 221

Payments Dive

NOVEMBER 1, 2023

The payments processor’s new point-of-sale software for retail and restaurant customers will launch in early 2024, not this year.

Payments 397

Payments Software Retail 397

Advertisement

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

How To

CFPB Monitor

NOVEMBER 1, 2023

On October 29, the Biden Administration issued a broad Executive Order (Order) on artificial intelligence (AI). Titled “Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence,” the Order establishes guidelines for AI safety and security, aims to shield Americans’ data privacy, and emphasizes equity and civil rights. .

Guidelines 173

Guidelines Security Data 173

Realwired Appraisal Management Blog

NOVEMBER 1, 2023

If you know your potential exceeds your current results, take pause. Be Useful: Seven Tools for Life by Arnold Schwarzenegger provides a roadmap to improve our personal and professional lives. “Be hungry for success, hungry to make your mark, hungry to be seen and to be heard and to have an effect.

Tools 105

Tools 105

Payments Dive

NOVEMBER 1, 2023

The cross-border payments company plans to revamp its loyalty program early next year as part of a plan to jump-start growth.

Payments 221

Payments Company 221

CFPB Monitor

NOVEMBER 1, 2023

On October 27, the Federal Trade Commission (“FTC”) unanimously voted to amend the Safeguards Rule to require non-banking financial institutions to report data breaches and security events to the Agency. This amendment will become effective 180 days after its publication in the Federal Register. Under the amended rule, financial institutions subject to the authority of the FTC will be required to notify the Agency as soon as possible, and no later than 30 days after discovery of a “Notification

Security 88

Security Data Report 88

BankBazaar

NOVEMBER 1, 2023

Understanding the top spooky financial choices and taking steps to avoid them can help you conquer the financial spectres that might otherwise haunt your future! Just as the festival of Diwali lights up our lives, there are financial decisions that can cast a shadow of fear if not managed wisely. In this article, we’ll explore the top five scary financial decisions and provide guidance on how to ensure you make the right choices.

How To 78

How To Security Management Taxes 78

Advertisement

Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.

New York

CFPB Monitor

NOVEMBER 1, 2023

Alan Kaplinsky, Senior Counsel in and former Practice Group Leader of Ballard Spahr’s Consumer Financial Services Group and frequent host of the Consumer Finance Monitor Podcast (a weekly podcast episode sponsored by our Consumer Financial Services Group) was recently the special guest of Bloomberg Intelligence analysts Elliott Stein and Nathan Dean on their podcast, Votes and Verdicts. .

Groups 78

Groups 78

TheGuardian

NOVEMBER 1, 2023

Reported move over scheme run by British Business Bank pushes losses on to banks if borrowers fail to repay The UK government has reportedly removed state guarantees from almost £1bn in Covid-19 emergency loans, pushing potential losses on to banks if borrowers fail to repay them. The taxpayer-owned British Business Bank (BBB), which runs the loan schemes, removed state guarantees from 10,786 loans worth a combined £979m up to 11 October, according to data obtained under freedom of information l

Report 87

Report Data 87

American Banker

NOVEMBER 1, 2023

The group, which is led by Rep. Andy Barr, R-Ky., and includes two high-ranking Democrats on the House Financial Services Committee, says the Securities and Exchange Commission's crypto-custody proposal could encroach on banking regulators' jurisdiction.

Regulation 83

Regulation Groups Security Policies 83

BankInovation

NOVEMBER 1, 2023

Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers an intelligence tool that tracks technology adoption and use.

Tools 67

Tools Operations Data Technology 67

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

US

American Banker

NOVEMBER 1, 2023

The U.K.'s Financial Conduct Authority released data that shows buy now/pay later lending on the rise, Ripple is working with Uphold to improve crypto liquidity and more.

Lending 83

Lending Data cryptocurrency Payments 83

BankInovation

NOVEMBER 1, 2023

Financial institutions are identifying AI uses within their operations for coding, documentation and underwriting. Chase Auto National Credit Director Anne Alburo discussed use cases and their implications for AI and automation in underwriting at Auto Finance Summit 2023 in Las Vegas on Monday.

Las Vegas 67

Las Vegas National Operations Technology 67

American Banker

NOVEMBER 1, 2023

The card network sells aggregate information about customer spending habits, which data-privacy advocates say goes past Mastercard's role as a payment processor. Mastercard explained the recent removal of certain advertisements as a business decision.

Data 78

Data Cards Payments 78

The Paypers

NOVEMBER 1, 2023

The government of Kenya has revealed its plans to introduce a digital identification system in December 2023 following a testing period.

System 74

System 74

Advertisement

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

American Banker

NOVEMBER 1, 2023

The island state's biggest banks — which reported lower profits in the third quarter — say it is too soon to fully assess the economic fallout from the deadly August wildfires. The rebuilding effort could boost near-term deposit growth and long-term loan demand, they said.

Hawaii 77

Hawaii Report Community Bank Industry 77

TheGuardian

NOVEMBER 1, 2023

Olaudah Equiano and Ignatius Sancho | Seaweed servings | Bank profits | Retirement age | A vote for Labour To offer some small credit to Royal Mail, Olaudah Equiano did feature on a first-class stamp as part of the Abolition of the Slave Trade series in 2007 , which also included a 72p stamp for the great Ignatius Sancho ( Opinion, 28 October ). That the same series also included four stamps of white people tends to confirm the point that black figures have been poorly represented.

55

55

American Banker

NOVEMBER 1, 2023

Venture capital was pouring into new generative artificial intelligence technology before President Biden issued an order that could cool the rate of funds flowing into the sector. Experts say that's not necessarily a bad thing for banks.

Capital 48

Capital Technology Payments 48

The Paypers

NOVEMBER 1, 2023

Token.io and Open Banking Expo have published ‘The future of Dynamic and Variable Recurring Payments’ research, showcasing the benefits of Variable Recurring Payments (VRPs).

Payments 41

Payments 41

Advertisement

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

American Banker

NOVEMBER 1, 2023

Federal Reserve Chair Jerome Powell said he expects the final version of the Basel III endgame reforms to garner "broad support" after comments are received and addressed.

Capital 48

Capital Policies Compliance Regulation 48

The Paypers

NOVEMBER 1, 2023

Hedron has signed a three-year contract for the recently launched FullCircl + Acturis integration as part of its strategy to build a growth ecosystem for brokers in the UK.

Strategy 41

Strategy 41

American Banker

NOVEMBER 1, 2023

Charlie, a neobank marketed to people 62+, and Carefull, which partners with financial institutions, recently raised their Series A's. A third, called EverSafe, is embarking on its first fundraise.

Fintech 41

Fintech Marketing Capital Fraud 41

The Paypers

NOVEMBER 1, 2023

Mangopay has received an EMI licence authorised by the FCA in order to deliver its services to UK customers and strengthen its presence in the region.

Security 45

Security Regional 45

Advertisement

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending