Sat.Nov 14, 2020 - Fri.Nov 20, 2020

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Location verification can prevent QR code fraud

Payments Dive

Mobile Payments Today interviewed André Ferraz, the CEO and co-founder of Incognia, a private identity company that provides fraud prevention by using frictionless identity location verification.

Fraud 448
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How to Make Sure Your Disaster Recovery Plan Is Effective

Jack Henry

I really enjoy writing. So, when the opportunity to put down some words of wisdom presented itself, I jumped at the chance. But, what to write about? Let’s start with a simple question: What is the state of your financial institution’s (FI’s) mental health?

How To 174
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Mobile cash technology: Get cash from the ATM, but leave the debit card home

ATM Marketplace

ATM Marketplace spoke with John Clatworthy, SVP, chief customer and strategy officer for Cash Connect on mobile cash technology and how customers can access their cash without using their debit card.

ATM 95
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Why ISO 20022 is a seismic shift for payments

Accenture

There’s no two ways about it: ISO 20022 is a complex new standard for financial services firms of every description. Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. We can see why by looking at the ISO 20022 message format, which neatly encapsulates the high-level impact of the new standard.….

Payments 545
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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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Can blockchain transform cross-border payments?

Payments Dive

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments?

More Trending

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Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal

PYMNTS

African FinTech Chipper Cash has landed a whale of an investor. Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. And among the investors was none other than multibillionaire Amazon Founder and CEO Jeff Bezos, who participated through Bezos Expeditions, his personal venture capital fund.

Fintech 332
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Emerging tech in equipment finance: Hype or reality?

Accenture

When it comes to whether emerging technologies like artificial intelligence (AI) and blockchain are practical for equipment finance, it depends on the application. That was the key takeaway from the recent ELFA 2020 Business Live! virtual convention panel discussion I had the fortune of being a part of. I joined host Deb Reuben of TomorrowZone and fellow….

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Navigating a Challenging eCommerce and QSR Payments Environment

Payments Dive

More than ever, merchants need an alternative to the card networks to meet the needs of an evolving customer base. Today’s consumers have embraced a “mobile-first” payments philosophy, and are looking to pay in a fast, simple, and secure way.

Payments 307
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Our Mission to Spread Kindness with ‘Make a December Difference’: A Q&A with Perficient Leaders

Perficient

Perficient is comprised of nearly 4,500 colleagues worldwide. Individually and collectively, we’re big believers in giving back to the communities where we live and work. At the end of a challenging year, we are excited to announce Perficient’s “ Make a December Difference ,” a campaign to spread kindness and joy through thousands of acts of generosity.

Community 493
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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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Brazil Upgrades Real Time Payments Rails, Goes Live With PIX

PYMNTS

Real-time payments continue to gain traction around the world. Case in point: Brazil. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. It will be fully operational starting Monday (Nov. 16) and has already processed 10 million transactions a day.

Payments 328
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Why You Need to Resolve Your Credit Union’s Technology Limitations

Jack Henry

There’s little doubt that a robust digital banking platform has become a necessity for credit unions. It’s important for attracting and retaining members now that branches have limited hours and many normal routines of lobby-based banking have been interrupted. But this is more than an interruption. The “good-old days” of lobby-centered banking may be gone forever.

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UK fintechs poised to save credit-starved SMEs

Bobsguide

Viable businesses in Britain will require more low-cost finance for investment if they are to survive the blows of the pandemic – and it must come in the form of a “major commitment from the financial services industry”, warned the Governor of the Bank of England Andrew Bailey in a.

Fintech 168
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3 Perficient Healthcare Projects Awarded for Consumer-Centric Excellence

Perficient

Perficient is pleased to announce that our work for Woman’s Hospital and Henry Ford Health System has gained recognition in the 2020 eHealthcare Leadership Awards. Woman’s Hospital Home Page Designed for All Women. Woman’s Hospital | Best Internet Home Page – Hospital, under 200 beds, Gold. Transforming content organization and leveraging a broader color palette, the Women’s Hospital home page is designed for clear navigation and mobile and desktop usability.

System 493
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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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Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales

PYMNTS

Shopify has expanded its payment options for merchants with a new partnership with Alipay , China’s payments app. The deal will unlock “the power of cross-border commerce for Shopify’s merchants,” Shopify said in a press release that called Alipay “Asia's leading digital wallet platform.” The new payment option will ”allow Shopify merchants to seamlessly accept payments through Alipay from more than one billion annual active users in China alone — and, in the future, hundreds of millions more ac

Payments 326
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Visa pilots card-not-present security app with Michigan State University FCU

Payments Source

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

Michigan 163
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The costs of a coronavirus: Tips for re-evaluating tech spend in a pandemic

Bobsguide

With the global pandemic came a global need to reorganise, replan and rethink spending for businesses across industries, as the impact of lockdowns and changing consumer behaviour was felt. While IT costs are just one element of business budgets, technology now underpins the effective function of.

Industry 165
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Perficient Inspires Kindness with Make a December Difference

Perficient

Looking back on 2020, a year unlike any other in recent history, there is no denying how the effects have touched each of us. Yet, despite the challenges this year has thrown our way, Perficient has celebrated success with new and existing clients, developed innovative and timely solutions that helped our customers grow in times of uncertainty, and witnessed our colleagues worldwide fuel our success.

Community 365
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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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Mastercard Embraces Existing Rails To Drive B2B Payments Value

PYMNTS

When it comes to global B2B procurement, nothing is simple. For example, suppose a huge global consumer packaged goods (CPG) conglomerate wants to introduce a new shampoo. To do so it needs new supplies of palm oil, and a new supplier in Indonesia has the right quantity and the right environmental profile. Said CPG company would need to onboard the new supplier, which in the past could be a 90-day process full of you’re your customers (KYC) regulations and other laborious processes.

Payments 320
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Contactless payments rise from pandemic lows, but mall foot traffic still weakened

Payments Source

In addition to monitoring the spike in contactless payments because of the COVID-19 pandemic, Verizon Business has also cited the expected decrease in foot traffic at the largest malls in the U.S. through its mobile data metrics.

Payments 153
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Go Green. Save Money.

BankBazaar

Going green not only protects the environment, but it can also help you save money and expand your wallet. Apart from the environment-friendly tips mentioned below, why don’t you go the extra mile in keeping our planet greener and cleaner by opting to go paperless? The good news is that we’ve adopted the 100% paperless route for most of our financial products.

US 139
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Securing Teams with built-in apps in Microsoft Endpoint Manager

Perficient

With about 42% of the U.S. labor force working remotely, managing devices has become more important than ever. Luckily, Microsoft has made great advancements in device management capabilities, many of which we’ll discuss today. In this blog, we’ll go over four main areas of Endpoint Management: Creating an app deployment. Securing the app (conditional access with MFA).

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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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Partners Against Crime: Visa Leads Effort To Fight Fraud With New Dynamic CVV Codes

PYMNTS

The rising trend of digitization in commerce and the increased occurrence of card-not-present fraud were not created by the COVID-19 pandemic. Instead, it would be more accurate to note that those macro trend lines were both already on the move quite notably, and then the coronavirus came along and rapidly intensified the situation. That’s one of the takeaways from a recent PYMNTS panel discussion with Visa ’s Director of Global Chip Product Tom Rapkoch , Keyno CEO Robert Steinman and Assistant

Fraud 316
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Jack Dorsey’s Square invests $18 million in Italy’s app Satispay

Payments Source

Square Inc., the payments company run by Jack Dorsey, is among new big investors in Italy’s mobile digital payment platform Satispay SpA, in a move aimed to expand its operations across European markets, according to a statement by Satispay.

Mobile 148
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How Open Banking can help SMEâ??s grow and thrive

Bobsguide

In September the UK’s Open Banking implementation body (OBIE) announced a significant uptake in the number of Open Banking service uses in the UK, with over two million people now benefiting from Open Banking products. This represents a 100 percent increase in users in just over six months.

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Using New Built-in Polls in a Teams Meeting

Perficient

One new update that may have flown under your radar is the new built-in polls feature in a Teams meeting. In today’s article, I’ll be covering this cool new feature and show you how you can start using polls in your meetings! Step 1: Schedule your meeting. Let’s start things off in the Microsoft Teams client Calendar tab. Let’s create a meeting and add some attendees.

Meeting 340
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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