Sat.Aug 01, 2020 - Fri.Aug 07, 2020

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Technology and Fun Merge at Perficient’s Lafayette Delivery Center

Perficient

Meet Some of Our Perficient Colleagues from Lafayette, Louisiana. “I work in the QA practice for Lafayette Delivery Center (LDC). I have worked in Quality Assurance (QA) lead capacity for multiple clients. I have helped setup Automated Testing framework and best practices. I also work with QA Center of Excellence at LDC and host the QA workshop.” — Surabhi Nigam, Senior Technical Consultant.

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The great digital migration: 78% of consumers are changing payment methods

Payments Dive

Visa's Back to Business global study reveals small businesses and consumers, from around the world, that may initially been reluctant to adopt digital technology are now embracing it. But will this digital landscape remain in place for the future?

Study 448
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Things worth reading: 3rd August 2020

Chris Skinner

Things we’re reading today include … Bakery manager sacked for using own bank card to help elderly customers blocked from paying with cash Lloyds bank manager ‘sacked for helping customer open mail’ Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty Canary Wharf Group recalls staff to … The post Things worth reading: 3rd August 2020 appeared first on Chris Skinner's blog.

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A How-To Guide for Monetizing Open Banking

Accenture

In my last post, I shared the two emerging business models that are powered by Open Banking: banking as a platform and banking as a service. The future of any Open Banking offering will depend on the value it provides or the monetization options it creates. Participants can bundle or unbundle offerings and services.

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Back to Basics with Reconciliations

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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Microsoft Teams Advanced Communications Add-On: Is it the right fit for your organization?

Perficient

Microsoft recently announced a new add-on for Microsoft Teams called the “Advanced Communications” SKU which can be added to any Office 365 or Microsoft 365 subscription. In this blog, we’ll cover what exactly the add-on includes so you can determine if it’s a good fit for your organization! What is the Advanced Communications Add-on?

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Wirecard Linked To Mafia Money Laundering

PYMNTS

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). The paper cited documents and “Italian legal sources” in its story about the organized crime syndicate ’Ndrangheta and CenturionBet, an online gaming company based in Malta.

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How to drive the in-vehicle payments experience

Accenture

Consumer spending over connected-car platforms is expected to reach $265 billion by 2023. But will that benefit all players—or just the ones that carve out a definitive competitive advantage? Picture this: It’s a sunny Saturday morning and you and your family are buckled into the car for a day out. “Find the nearest gas station,”…. The post How to drive the in-vehicle payments experience appeared first on Accenture Banking Blog.

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Step-by-step Guide On Calling Google Map Javascript API For Beginners 2020

Perficient

This is a step-by-step tutorial to call Google Map through API for people with little experience in Javascript. If you are familiar with the language, you should be able to follow along the instructions in the Google Maps Platform without a hitch. This post is perfect for those who just want to follow along in order. Here is the link to Google Maps Platform for reference: [link].

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The great digital migration: 78% of consumers have changed payment methods

Payments Dive

Visa's Back to Business global study indicates small businesses and consumers from around the world that may originally been reluctant to embrace digital technology, now utilize it. But will this digital landscape remain in place for the future?

Study 370
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How a Managed Services Partner Can Reduce the Friction in Your RDC Program

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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Retailers Using Chapter 11 To Break Lease Agreements

PYMNTS

Companies that have filed for Chapter 11 bankruptcy are using the court protection to end long-term lease agreements early and close thousands of stores, reported Bloomberg. The news site named Neiman Marcus Group Inc, Brooks Brothers Group Inc, J.C. Penney Co., J. Crew Group Inc. and the owner of Ann Taylor as companies looking to use this protection to avoid lease renegotiations and even back out of rent obligations altogether.

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How the major card networks are planning to survive the pandemic

Payments Source

The major card networks have heavily invested in broader services as transaction processing loses its luster, a strategy that’s provided a ray of hope as retail and travel industries remain sidelined.

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Mobile Solutions for B2B Medical Sales

Perficient

B2B medical sales involve the purchasing of medical supplies, including personal protection equipment (PPE) such as masks, gloves, goggles, and face shields, and typical customers are labs, hospitals, clinics, manufacturing companies, and clean rooms. These products protect the wearer from their environment where infection, disease, or dangerous chemicals may be present.

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The Advantages of Utilizing Point-of-Sale Mobile Payment Technology

Payments Dive

Any business can now conveniently accept mobile payments, which has become an invaluable part of many businesses’ services and operational workflow.

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Budget Playbook for Commercial Lenders — Bank and Credit Union Edition

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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What Digital Banks Are Doing Right

PYMNTS

The past several years have been good times for digital banking players popping up to challenge traditional brick-and-mortar financial institutions for market share, but recent months have accelerated that trend into overdrive. Consumers worldwide are realigning their entire lives around digital — and looking for financial services providers to meet their new, emerging lifestyles.

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Tracking the accelerating technology transformation

Bobsguide

It’s rapidly become a platitude that financial services will look utterly different post-crisis. At Broadridge we wanted to understand in more detail the views of financial services leaders at this juncture. We surveyed c-suite executives and their direct reports from 500 financial.

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Don’t Miss Out on DevOps World 2020

Perficient

DevOps World by CloudBees brings together thought leaders, practitioners, project contributors, and the entire DevOps ecosystem into one global, virtual event. By attending, you’ll have the opportunity to learn, explore, and help transform the future of software development and delivery. The event takes place Sept. 22-24, with a day of hands-on workshops on Sept. 25.

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As gamers shelter, fraudsters get to play

Payments Source

Video games provide a rare escape to locked-down consumers, and many modern games are so sophisticated that they support their own digital storefronts — with the potential for real-world losses if fraudsters find a way in.

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Is Your Current Card Platform Holding You Back?

Have you ever felt the pain and loss of a client suddenly going silent, leaving you questioning everything? Ghosting can cause heartbreak; in business, it drains resources, and emotionally, it shatters your confidence. A modern credit card program can give you the tools to deliver the digital-first experiences your customer’s demand. Our eBook, “5 Signs Your Credit Card Offering Needs an Upgrade,” will help you identify key indicators that your current card platform may be holding you back and w

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Coinstar CEO On The Ongoing Journey To Digitize Cash (And Turn It Into Crypto)

PYMNTS

The great digital shift, along with the pandemic, has brought all manner of activities into the virtual realm — most notably, of course, commerce itself. To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. The evolution — beyond sorting coins stored in proverbial piggy banks and coffee cans and toward bill pay and commerce, all in a self-service environment

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EU disclosure rules to shape ESG strategies

Bobsguide

Many European firms are unprepared for reporting under the Sustainable Finance Disclosure Regulation (SFDR), set to commence in March 2021. “There’s a little bit of the industry taking for granted what it now entails to be an [Environmental, Social and Governance] (ESG) fund or firm.

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Exploring the Sling Feature Model: Part 2 – Composite NodeStore

Perficient

In my previous post Exploring the Sling Feature Model , I described the process of migrating from a Sling Provisioning project setup to a Sling Feature Model project. Now that we have the Sling Provisioning Model project converted, we can move on to the fun stuff and create a Composite NodeStore. We’ll use Docker to build the Composite Node Store in the container image.

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How coronavirus changed the way hourly workers manage their money

Payments Source

Now that the U.S. is five months into the COVID crisis a new victim is emerging. Caught between small businesses furloughing their staff landlords needing to collect rent are millions of hourly workers.

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It Takes Two to Tango

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.

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Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift

PYMNTS

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45 percent year over year. Chief Financial Officer Raj Agrawal told PYMNTS that Q2’s digital growth was “unbelievable.”. Agrawal said the company’s digital operations have grown not just in terms of dollar amounts, but also in terms of how many new customers the pandemic has brought in.

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Three ways technology can reduce cost per trade

Bobsguide

Capital markets firms are under pressure to increase efficiency and reduce operational costs, particularly as the world deals with the pandemic. A key metric of efficiency in our industry is cost per trade – but how much are firms actively controlling it? A recent industry survey showed.

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Microsoft Teams Updates (August 2020)

Perficient

Another month, another slew of Teams updates! In this blog, we’ll cover all of the features that Microsoft has recently announced for the month of August which covers a wide range of cool new capabilities! Without further ado let’s see what exciting news Microsoft has for us this month! Meetings, Calling, & Devices. Multi-window meetings and calling experiences.

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PayPal hires fintech expert as global competition heats up

Payments Source

PayPal is improving its ability to reach innovators, adding a key executive in its recent hire of former Wells Fargo senior vice president and fintech veteran Peggy Mangot to be operating partner at PayPal Ventures, PayPal’s VC team.

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3 Ways Managed Device Services Help Community Banks Cut Costs

Community banks seek ways to leverage their technology infrastructure to drive productivity and growth. However, the sheer volume of technology devices, capital constraints, and lack of skilled resources stand in the way. This Strategy Brief explores how a managed device services partner can help bridge this resource gap. Managed device services partners empower community banks to take charge of mission-critical device management activities with: Logistics and installation services to support se