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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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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Deposit Marketing In the Age of Machine Learning

South State Correspondent

In the olden days, if you wanted to market deposits, the head of Retail would come to Marketing and say something like - “We need to raise deposits,” or “We have a new account opening platform that we need to market.” Marketing would then put together some ideas for a print or digital campaign; Retail would sign off on it, and then they would roll it out.

Marketing 459
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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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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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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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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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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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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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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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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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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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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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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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Are Negative Interest Rates In Our Future?

Jack Henry

The COVID-19 pandemic has significantly impacted our economy in 2020, triggering unprecedented fiscal and monetary stimulus by the federal government and the Federal Reserve. This massive outlay of money will have long-term effects on all aspects of the economy moving forward. It’s most obvious now in the Treasury markets, where interest rates are at or near historic lows.

Marketing 135
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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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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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BofA sees Zelle P2P cash gifts rise during COVID-19

Payments Source

Bank of America has seen a 33% increase in cash gifts flowing through the Zelle P2P app since the start of the pandemic, with total gifting volume reaching $1 billion.

America 168
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California’s Check Seller, Bill Payer and Proraters Law Expanded to Require non-California Domiciled Debt Settlement Providers to be Licensed and Comply with Substantive Provisions

CFPB Monitor

Among the suite of consumer protection bills signed into law last month by California Governor Gavin Newsom is AB 2524. The bill, as enacted, is a less-expansive version of an assembly bill that would have created an entirely new and broad system of regulation over debt settlement companies through amendments to the Check Sellers, Bill Payers and Proraters Law.

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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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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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Could a new COVID wave bring a second payments upheaval?

Payments Source

Michael Moeser, senior analyst at PaymentsSource, talks to Chris Lybeer, chief strategy officer at Revel, about the trends driving digital payments in the restaurant industry.

Payments 158
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Evolution of ATM acquiring software

ATM Marketplace

Traditional ATM Acquiring architecture needs an infrastructure upgrade to be able to remain relevant within the context of more digital channels and changing customer behaviors. Happily, technology has evolved and a channel integration model has emerged, which looks to be able to solve many of the problems that ATMs are coming up against.

ATM 124
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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