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.

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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.

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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.

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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.

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Payments Software Retail 397

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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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.

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Tools 105

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

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Security Data Report 88

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.

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Payments Company 221

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.

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How To Security Management Taxes 78

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. .

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Groups 78

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Treasury teams at community banks face an ongoing challenge of delivering frictionless customer experiences as they support treasury products – especially RDC. This infographic focuses on the efficiencies community banks gain when partnering with a proven managed services provider. You’ll see the advantages you can gain when a managed services partner leverages online tools, skilled customer and technical support personnel, and fulfillment and logistics capabilities to streamline RDC fulfillment

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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

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Report Data 94

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.

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Tools Operations Data Technology 72

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.

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Lending Data cryptocurrency Payments 84

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.

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Las Vegas National Operations Technology 72

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Amid market uncertainty, banks and credit unions are faced with critical decisions about the future of their commercial lending. With fluctuating interest rates and rising competition from non-bank lenders, it's critical to allocate your 2025 budget strategically to optimize lending operations. Our Budget Playbook for Commercial Lenders delivers key strategies to help you navigate these challenges, ensuring your institution is well-positioned for the coming year.

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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.

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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.

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System 74

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.

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Hawaii Report Community Bank Industry 78

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.

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With automation, you’ll reduce errors and save valuable time, allowing you to focus on what really matters: strategic analysis and insightful decision-making. Picture accurate financial reports ready at your fingertips, giving you the confidence to tackle business challenges head-on. Embracing automation not only boosts productivity but also elevates your role from number cruncher to closing rockstar.

Analysis

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.

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Capital Policies Compliance Regulation 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).

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Payments 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.

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Fintech Marketing Capital Fraud 41

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.

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Strategy 41

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Download the latest edition of GoDocs' "The Lender's Guide to Automating the Complex Loan." This comprehensive guide offers financial institutions valuable insights into document automation for complex commercial loans. It unpacks the intricacies of complex loans and showcases how an automation platform like GoDocs — the leading commercial loan closing platform — delivers impressive benefits and ROI to any FI.

Lending

American Banker

NOVEMBER 1, 2023

Citing the need to conserve capital, Blue Ridge Bankshares indefinitely extended a dividend suspension that it announced in July. The bank remains well-capitalized, but it saw its ratios shrink in the third quarter.

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Virginia Capital Compliance Regulation 36

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.

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Security Regional 45

American Banker

NOVEMBER 1, 2023

U.S. Attorney Philip R. Sellinger said Oscar Marcelo Nunez-Flores, a New Jersey bank staffer of a bank unnamed in case documents, was arrested Wednesday after he allegedly took bribes to launder millions in drug money to Colombia.

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New Jersey Policies Compliance Regulation 36

The Paypers

NOVEMBER 1, 2023

MENA-based BNPL platform Tabby has secured USD 200 million in Series D funding round in order to develop its solutions and expand its offerings.

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Security 45

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Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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