Perficient

JULY 21, 2021

In our last blog post, we shared a proven approach to architecting a metadata search solution. Today, we’ll share a few high-level details about a solution that Perficient built, which can allow all types of financial services companies to jump-start their data democratization programs. Perficient has developed a highly capable abstraction layer called Handshake, which connects a firm’s data governance metadata repositories with a broad range of enterprise search tools.

Tools 493

Tools Data System Management 493

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. But is it headed into a warm, steady burn, or will it end up as a dumpster fire? After a year in lockdown where consumers and investors saw Zoom stock zooming, investors are flush with cash (or stock) at the ready. Whether housing, used cars, or timber, demand is driving activity to record levels. Fintech is no different.

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Fintech Lending Community Payments 197

Jack Henry

JULY 8, 2021

Economic Value of Equity (or “net economic value” for credit unions) is the difference between the fair value of assets and the fair value of liabilities. Economic value of equity (EVE) is a longer term look at interest rate risk. Over the course of the pandemic, with market interest rates at historic lows, fair value of deposits declined. Consequently, EVE has declined significantly for most banks and credit unions.

Policies 166

Policies How To Course Marketing 166

Cisco

JULY 12, 2021

Earlier this year Cisco completed its acquisition of imimobile, adding an enterprise-grade CPaaS platform to Cisco’s industry-leading collaboration and contact center solution portfolio. The Cisco Financial Services team welcomes imimobile’s Alex Cambell , SVP Sales at imi mobile, as our guest blogger this week. Changing consumer behavior and digital disruptors within the banking industry have redefined how we interact with financial service providers.

Fraud 168

Fraud Mobile Security Customer Experience 168

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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.

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ATM Marketplace

JULY 23, 2021

The ATM industry is now at the beginning of creating the new standard that will eventually take over and provide enormous benefits to all ATM stakeholders including vendors, banks and ATM user.

ATM 134

ATM Industry 134

BankDeals

JULY 6, 2021

73% of consumers say they trust their financial institutions, versus just 51% who feel the same about the government regarding banking and personal finance.

Survey 122

Survey 122

Gonzobanker

JULY 21, 2021

How much are you willing to pay to be chummy with your solution provider? In a recent survey of banks and credit unions about their technology vendor contracts, Cornerstone Advisors found that more than half of these financial institutions allow emotional factors to influence their negotiation processes. And it’s costing them money. We’ve negotiated enough contracts to understand why this happens.

Technology 158

Technology Comparison Survey Financial Technology 158

ABA Community Banking

JULY 20, 2021

With the right blend of people, empowerment, customized solutions and technology, banks are well-positioned to be heroes by growing with small businesses and supporting their efforts. The post Four Ways Banks Can Help Main Street USA Thrive Again appeared first on ABA Banking Journal.

Maine 105

Maine Technology Community Bank Community 105

TheGuardian

JULY 14, 2021

When Doug Fishbone came across an abandoned apartment complex in Cork, he decided to recreate it in a gallery – to highlight everything that’s wrong with our property-fuelled financial system A grim concrete wall greets visitors to the Crawford Art Gallery in Cork. It fills the full height of the space, hemmed in by a corrugated steel fence. You might think you’d walked into a room still under construction – until you notice the street lamp.

System 106

System US 106

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New York

ATM Marketplace

JULY 30, 2021

Technology is continually advancing as every industry deals with unique challenges. Banks and financial institutions are no exception. Banks are dealing with automation, regulation, digitalization and disruption to meet with the needs of customers. The traditionally slow moving industry is now changing rapidly.

Technology 129

Technology Meeting Regulation Industry 129

BankUnderground

JULY 12, 2021

Giovanni Covi, Mattia Montagna and Gabriele Torri. Systemic risk in the bank sector is often associated with long periods of economic downturn and large social costs. In a new paper , we develop a microstructural contagion model to disentangle and quantify the different sources of systemic risk for the euro-area banking system. Calibrated to granular euro-area data, we estimate that the probability of a systemic banking crisis was around 3.6% in 2018.

System 126

System Exercises Policies Regulation 126

CB Insights

JULY 22, 2021

Q2’21 marked another banner quarter across deals, funding, exits, and mega-rounds for global fintech. In this report, we dig into what drove this quarter’s $30.8B funding boom and explore trends including embedded insurance, compliance in the age of cryptocurrencies, and emerging corporate card and expense management players. . Report Highlights: Q2’21 was the largest funding quarter on record.

Trends 100

Trends Fintech Report America 100

Payments Source

JULY 8, 2021

Management 183

Management 183

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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

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The Paypers

JULY 20, 2021

Square has launched Square Banking, a suite of financial products purpose-built to help small business owners manage their cash flow and get more out of their money.

Management 92

Management 92

American Banker

JULY 12, 2021

Consumer lending Earnings Commercial lending Credit quality

Lending 87

Lending 87

ATM Marketplace

JULY 13, 2021

ATMs went through a challenging year in 2020, but as the industry comes out of the pandemic, a question emerges: What's on the horizon?

ATM 130

ATM Industry 130

BankUnderground

JULY 16, 2021

J ames Hurley, Sudipto Karmakar, Elena Markoska, Eryk Walczak and Danny Walker. Compass on old map. This post is the second of a series of posts about the Covid-19 pandemic and its impact on business activity. Covid-19 led to a sharp reduction in economic activity in the UK. As the shock was playing out, small and medium-sized businesses (SMEs) were expected to be more exposed than larger businesses.

US 122

US Data Comparison Regional 122

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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CB Insights

JULY 27, 2021

Fintech solutions geared toward businesses of all shapes and sizes are rapidly gaining traction. FREE DOWNLOAD: STATE OF FINTECH q2’21. Q2’21 was the largest funding quarter on record. Download the report to learn more. First name. Last name. Email. Company Name. Job Title. Phone number. Want the full expert post? Become a CB Insights customer.

Company 88

Company Payments Fintech Report 88

Payments Source

JULY 8, 2021

Community 174

Community 174

The Paypers

JULY 22, 2021

BNPL fintech Zilch has raised an extra USD 110 million in debt and equity three months after it announced its USD 80 million Series B, according to AltFi.

Security 95

Security Fintech 95

American Banker

JULY 28, 2021

cryptocurrency 101

cryptocurrency Innovation Regulation 101

Advertiser: Data Robot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

Marketing

ATM Marketplace

JULY 27, 2021

In response to changing trends and COVID-19, many banks have to make a choice around whether to close the branch or transform it

Trends 127

Trends 127

The Financial Brand

JULY 29, 2021

Having innovation as a priority is the first step, but it rarely goes further without first overcoming common roadblocks. The post 4 Reasons Why Digital Banking Teams Struggle to Innovate appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 43

Digital Banking Innovation Banking Trends Analysis 43

CB Insights

JULY 8, 2021

It’s been a record year so far for blockchain tech , as it has reached new equity funding and media coverage milestones. Blockchain companies have already raised over $7B in venture capital and private equity funding in H1’21 — an amount higher than that raised over the course of any full year in history. Even legacy financial institutions are placing bets in the space.

blockchain 84

blockchain Course Capital Company 84

Cisco

JULY 29, 2021

Application is the Business & Level of Digitalization is the Brand. In our ever-changing world, where the application represents the business itself and the level of digitization it provides is directly related to the perception of the brand; enterprises must ensure they stand differentiated by providing exceptional user experience – both for their customers as well as their employees alike.

Customer Experience 172

Customer Experience User Experience Analytics Resources 172

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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