Sat.Oct 24, 2020 - Fri.Oct 30, 2020

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Treasury APIs | Future-proofing corporate banking

Accenture

In my previous posts, I covered the potential that Open Banking and treasury application programming interfaces (APIs) offer both banks and their corporate customers and gave examples of some leading industry players. In this post, I’d like to highlight some key observations of how these leaders are navigating the first wave of corporate banking and….

Examples 261
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A farewell to checks

Matt Wilcox Pro

Predicting the demise of checks isn’t new. But when banks abandon them, it’s a whole new ball game. The advent of debit cards predates my own advent, but I am familiar with the way bankers explained them to my parents’ generation: It’s the same as writing a check, just faster and easier. But could it […].

Cards 78
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Creating an omnichannel marketing strategy for banking

Payments Dive

Omnichannel marketing is a key factor in reaching and retaining customers today. Whatever channel a customer may be using, there is one thing they expect: a personalized experience. Mark Aldred, head of international sales for Auriga shares his insight on this topic.

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Why Mapping User Needs is Critical to SEO – Here’s Why #251

Perficient

Google has been constantly making algorithm updates in the past couple years. Why? Has their focus shifted? In this episode of the?award-winning?Here’s Why digital marketing video series, Eric Enge goes through different Google algorithm updates since March of 2018 and explains why Google made these updates. ? ? ? ? ?. Don’t miss a single episode of Here’s Why.

Google 508
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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Banking Marketplace: Making a Wise Pivot

Accenture

This thought leadership piece – and the related blogs that will explore key topics – will outline why, in the post-COVID-19 era, marketplaces will prove a crucial operating area for banks. We will illustrate how some leaders have ventured profitably into this space, and will explain the steps banks can take to create marketplaces of…. The post Banking Marketplace: Making a Wise Pivot appeared first on Accenture Banking Blog.

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Fraud: Prevention tips from Visa

Payments Dive

Fraud is something that continually affects the financial industry. Mike Lemberger, senior vice president and regional risk officer for Visa, North America, explains ways that Visa is helping disrupt fraud before it costs consumers and businesses.

Fraud 397
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Perficient Tees Up Fore Charity at LCG iCare‘s Annual Golf Outing

Perficient

After a fun day on the green s , we’re excited to learn that L earning Care Group (L CG ) iCare’s Annual Golf Outing raised $143,551 in proceeds! T his year marks Perficient’s 4 th anniversary as a proud sponsor of the event benefiting childcare providers at Learning Care Group in times of need. . The LCG iCare Foundation was established to assist Learning Care Group childcare providers in instances of unexpected crisis such as natural disaster, fire, domestic abuse , and funeral costs

Groups 493
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Mastercard’s Cyber Secure Uses AI To Help Banks Fight Cyber Fraud

PYMNTS

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Banks can discover and rank threats and vulnerabilities across their cyber environments with the help of the tool.

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A surge in cross-border payments brings MoneyGram back into profitability

Payments Source

MoneyGram's digital offerings are attracting different types of consumers into the company fold, CEO Alex Holmes said during the third-quarter earnings call.

Payments 218
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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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To reduce cyber fraud, banks must shatter their security silos

Accenture

When the global pandemic ends, banks should anticipate that the rate of fraud will likely have grown faster than at any other point in history. In some cases, losses could be material; losses to individuals and smaller commercial customers could be devastating. Moreover, fraud will not decrease when infection rates go down, because cyber criminals will be wielding new tactics and techniques against organizations that are more vulnerable than ever, thanks to greatly expanded attack….

Fraud 195
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2020 Embrace the Moment Gala for Michigan Council of Women in Technology

Perficient

The Michigan Council of Women in Technology (MCWT) virtually presented the 12 th annual Embrace the Moment – MCWT Digital Signature Gala on Saturday, October 17, 2020. This event empowers female leaders in Michigan who change the world through technology. I had the opportunity to attend this unique event and learn more about the incredible initiatives put forth to help bridge the gap in IT-related occupations held by women in Michigan and across the United States.

Michigan 493
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Visa To Acquire YellowPepper To Expand Network of Networks In LATAM

PYMNTS

Visa has inked an agreement to acquire YellowPepper , which works with startups in the Caribbean and Latin America, according to an emailed press release. The acquisition builds on a strategic partnership and investment made in 2018, where Visa invested in the company back then. With YellowPepper, companies can access application programming interfaces (APIs) to allow issuers, processors and governments to easily access numerous payment rails and let multiple payment flows through one single con

America 297
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Putting excess liquidity to work in today’s low-rate environment

Abrigo

Key Takeaways Financial institutions are currently awash with liquidity and competitive markets are squeezing rates. Answer this question: Are we trying to decide what to do with the money you already have on the books, or are we trying to find ways to grow the balance sheet and going to need new funds as a result? Follow the simple decision guide as a starting point in your assessment of alternative options for excess liquidity.

Lending 195
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The Role of Automation in Commercial Lending

Automation is changing the game for commercial lenders, offering a clear path to competitive advantage in 2025. Rising costs, outdated workflows, and manual data entry slow growth and impact borrower satisfaction. Automation addresses these challenges, reducing costs, speeding up loan cycles, improving accuracy, and elevating borrower experiences. With market uncertainty easing, now is the time to act—waiting until loan volumes rebound leaves lenders unprepared and struggling to compete.

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Nurturing winners: how Hong Kong can seize its fintech potential

Accenture

The perception that Hong Kong is behind other global financial and technology hubs on innovation both in fintech and technology, in general, is widespread. Within Asia, Hong Kong is seen as having lost ground to Shenzhen, home to Tencent and Huawei, and Singapore, which has arguably nurtured a much more vibrant technology start-up ecosystem. In…. The post Nurturing winners: how Hong Kong can seize its fintech potential appeared first on Accenture Banking Blog.

Fintech 195
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If 5G is supposed to be a game-changer, what’s the game?

Perficient

Part of Apple’s iPhone 12 family announcement included a big push around 5G capabilities and the promise of a better life, all because users will be able to do things faster than they did before. Apple (and others) are calling 5G a “game-changer” but is it? And if it is, what exactly is the 5G game and why should you care as a business?

Video 476
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Hands Off: Touchless, Contactless Payments Drive Consumer Safety Preferences

PYMNTS

That consumers are a bit gun shy when it comes to shopping in physical stores — particularly when it comes to checking out at the point of sale and having to share a touchpad with every other shopper that’s been in all day — is well known a little over a half-year into the pandemic. But as PYMNTS’ recent data on the subject found, there’s more than one way to avoid physical contact with the POS inside a store — and consumer preferences are trending toward one over the other.

Payments 289
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Celebrating BSA/AML Day 2020

Abrigo

BSA/AML Day was created by Abrigo in 2017 to honor the hard work BSA/AML professionals do each and every day to protect our financial industry and country. It is often a thankless job that operates behind the scenes and under strict regulatory scrutiny. We want BSA/AML professionals to know how much we appreciate the work they do to fight financial crime and stop illicit funds from entering our financial system.

Fraud 195
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Outsource With Confidence for RDC Program Success

Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits. However, poor customer experiences—particularly if they delay deposits—can compel RDC clients to take their business elsewhere. This eBook makes the case for outsourcing RDC operations to a proven managed services partner. This approach helps Treasury Departments with limited resources provide excellent client experiences that result in higher retention and productivity rates.

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Open Banking fails to meet targets

Bobsguide

Despite having registered over two million users in the UK, Open Banking is still failing to meet its objectives of creating a more competitive retail banking landscape. “Everything that it's looking to achieve in terms of improving competition and transparency amongst the incumbent.

Meeting 187
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Turbocharge Your ERP Analytics with Fusion Analytics Warehouse

Perficient

In late 2019 Oracle released Fusion Analytics Warehouse (FAW). FAW is built on Oracle Analytics Cloud (OAC) and powered by Oracle Autonomous Data Warehouse (ADW). It provides personalized application analytics, benchmarks, and machine learning-powered predictive insights across all line-of-business job functions and business processes for Oracle Cloud Applications.

Analytics 322
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Personal Loan Apps Show Resilience In Latest Provider Ranking

PYMNTS

Maybe it’s a byproduct of that which shall not be named — by which we mean the pandemic — but PYMNTS’ Provider Rankings have been remarkably calm and unwavering throughout 2020, including our latest Provider Ranking of Personal Loan Apps , a category of intense interest. We’re not saying there are absolutely no changes, but few enough that we should be able to make short work of summing up the hottest personal loan apps out there.

Fintech 282
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JCB in pact with Riyad Bank to expand in Saudi Arabia

Payments Source

JCB International has entered an acquiring partnership with Riyad Bank to enable acceptance of JCB cards at merchant terminals and ATMs throughout Saudi Arabia.

ATM 177
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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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Esmaâ??s stress tests catching out asset managers

Bobsguide

The European Securities and Markets Authority’s (Esma) new stress tests expose a lack of preparation among asset managers, highlighting the importance of regtech providers in risk assessments. “The industry has been relying heavily on independent regtech providers who offer solutions.

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Keep your environments in sync with Episerver DXP!

Perficient

While iterating on projects it’s always a good idea to keep your lower environments in sync with the latest content and imagery from your production environment. In some platforms this is a significant effort, but with Episerver DXP it can be easily automated! Eric Markson from Perficient recently blogged about how to automate the orchestration of Episerver DXP.

US 322
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Kount Says Fraudsters Will Follow Shoppers This Holiday Season

PYMNTS

When asked why he robbed banks, Willie Sutton — the famous criminal with four decades of bank robbery experience — is said to have offered what was likely history’s clearest answer: “Because that’s where the money is.”. Whether Sutton ever actually uttered that line is a matter of historical debate. But what isn’t debatable is the essential truth of his purported statement — and how relevant it is to the 2020 holiday shopping season, as Kount Chief Customer Experience Officer Rich Stuppy recent

Fraud 280
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PayPal, Mastercard team up to power real-time transfers in Europe

Payments Source

Mastercard and PayPal have added to an existing partnership by using Mastercard Send to support immediate access for debit transfers via PayPal's mobile in nine European markets.

Mobile 174
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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.