Sat.Nov 07, 2020 - Fri.Nov 13, 2020

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An Open Road For Open Banking?

PYMNTS

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. Increasingly, open banking will underpin that collaboration. Nearly three years after the introduction of the second Payment Services Directive ( PSD2 ) in the U.K., there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom.

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Working With Borrowers Hit Hard by Financial Hardship

SWBC's LenderHub

It’s been a tough year for millions of families. The coronavirus and subsequent social distancing measures put in place to help slow the spread of the disease caused major disruptions across nearly all industries in 2020. Although we have somewhat recovered from the initial shock of job losses in the spring, mass furloughs and layoffs have negatively affected millions of Americans—between February and August 2020, our nation lost nearly 11.6 million jobs.

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The benefits of Click to Pay

Payments Dive

Jed Danbury, vice president at Computop, a global payments service provider, explains the benefits of using Click to Pay

Payments 448
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8 Trends for Healthcare in 2021

Perficient

Momentum in digital healthcare transformation… it’s massive, and much needed. As organizations adapt to new modes of care, demands on resources, and consumer expectations, payors and providers are eyeing opportunities to reduce costs, improve care, build awareness, and expand relationships. Here are 8 trends we’re currently tracking into 2021: TREND 1: The evolution of healthcare will be characterized by a reengineering of clinical care and operations around digital health and

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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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How to determine cloud strategy and get the most value

Accenture

In my previous post, I wrote about the changing dynamics in the cloud conversation. But a conversation is just that—a conversation. It’s meaningless if banks don’t take action. In this post, I will outline the considerations for a successful cloud strategy, potential value and overall challenges. For more information, read our detailed report The Cloud….

Strategy 415

More Trending

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Tropical Smoothie Café releases a new app and shares its secrets of success

Payments Dive

Mobile Payments Today interviewed Tropical Smoothie Cafe's chief information and digital officer, Michael Lapid, to get his thoughts and insight on how the company he joined a year ago is faring and how the company’s newly released app is being received by consumers.

Mobile 397
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Create Successful Marketing Automation Campaigns for Healthcare

Perficient

When most people think about marketing automation, they think about sending emails to contacts. But, what can you really do with the right marketing automation tool? You can send personalized emails, text alerts, nurture customers, save internal time and resources, and create an overall better experience between your brand and your customer. With that being said, how can marketing automation benefit the healthcare industry?

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Digital power for middle market banks

Accenture

When it comes to digital, middle market banks want what the big banks have. But they assume it’s out of reach. The refrain I hear from leaders goes something like this: “I’d love to be more digital, but we don’t have a big bank sized technology budget.” Banks go so far down the rabbit hole…. The post Digital power for middle market banks appeared first on Accenture Banking Blog.

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Payments Canada Partners With Mastercard’s Vocalink To Advance Real-Time Rail

PYMNTS

Payments Canada is teaming up with Mastercard’s Vocalink for clearing and settlement for the country’s new real-time payments system, the Real-Time Rail (RTR). Delegated by the Canadian Government, Payments Canada is responsible for the clearing and settlement infrastructure, processes and rules. The RTR is the foundation of Payments Canada’s plans to modernize the payments infrastructure in the country. .

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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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Customer Experience 4.0 Master Series: Transforming The Future of Retail Banking

Payments Dive

This e-learning series is designed to help traditional transaction-focused banks effectively harnesses the power of transformation to build an ideal customer experience for their retail network.

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[Webinar Recording] Oracle Clinical One Demo and Roadmap

Perficient

Recently, Dave Shuford, a sales consulting director at Oracle, and Caz Halsey, a director of life sciences at Perficient, presented an informative webinar on Oracle Clinical One, a new unified clinical development platform. During the webinar, the two discussed how Clinical One is different from the legacy applications most people know. Specifically, David explained the industry’s shift from individual point solutions to a suite of applications to an integrated platform and then finally to a uni

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FinCEN Reissues Real Estate Geographic Targeting Orders: What does this mean for you?

Abrigo

Key Takeaways FinCEN reissued their Geographic Targeting Orders (GTO) that were originally issued in May 2020. The purchase price of residential real estate under this GTO remains at $300,000. Real estate lending BSA training should include GTO guidance. On November 4 , 2020 , t he Financial Crimes Enforcement Network (FinCEN) reissued their Geographic Targeting Orders (GTOs) to include the same 12 metropolitan areas issued in May 2020.

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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

Cryptos are having a moment. Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. PayPal is opening its network to allow consumers to shop using cryptocurrency. Square bought $50 million of bitcoin. J.P. Morgan said late in the month that it has gone live with JPM Coin.

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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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Staging Ground: How Hong Kong could propel China’s fintech exports

Accenture

Hong Kong could have a major role to play in supporting the overseas expansion of China’s fintech giants. The growth of China’s fintech giants in their domestic market has, until recently, been relatively unfettered by regulatory constraints. But the recent emergence of a more hands-on regulatory approach has created a degree of uncertainty about the….

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Perficient Earns Title of Top Workplace 2020 in Detroit

Perficient

Perficient is excited to announce that our Detroit office has officially been named a 2020 Top Workplace in Michigan! This is the fifth Perficient office to be recognized for being a top place to work this year – showing that our people and our culture continue to shine, even during this difficult time. So what makes our Detroit office a top workplace?

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Loan Admin 101 – Effective Loan Administration Crucial in Pandemic Era

Abrigo

Key Takeaways Effective loan administration will protect margins and balance sheets at banks and credit unions as they handle the effects of the pandemic-induced economic crisis. Sound loan administration software or systems will generate accurate, timely information in a secure environment. Your loan administration should help detect emerging problems and improve auditability.

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Bitcoin Daily: Bitcoin ATM Installations Jump By 85 Pct; Argentinian Lawmaker To Introduce Crypto Bill

PYMNTS

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported. The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in bitcoin ATMs shows that the digital currency is becoming more and more popular as a method of payment.

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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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Amazon mixes debit rewards, future work to entice gig drivers

Payments Source

Ahead of a holiday shopping season that should focus heavily on e-commerce, Amazon is updating its rewards program to keep delivery drivers interested in handling its packages.

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Perficient Listed Among Significant Computer Vision Providers in Forrester New Wave Report

Perficient

We are excited to be listed by Forrester in its recent report The Forrester New Wave : Computer Vision Consultancies, Q4 2020 – The 13 Computer Vision Providers That Matter Most and How They Stack Up. The New Wave report differs from the independent research firm’s traditional Forrester Wave report in the way that it only assesses emerging technologies (such as computer vision).

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Upcoming CME closures pressure unprepared firms

Bobsguide

Firms are running out of time to switch reporting platforms and trade repositories (TR) as the closure date for CME Group’s NEX/Abide looms. “Certainly there is no extension past November 30 for the NEX Abide Regulatory reporting and trade repository and firms should have migrated by.

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Salesforce Rolls Out Revenue Cloud To Simplify B2B Functions

PYMNTS

Salesforce has rolled out its new Revenue Cloud product, which will work to simplify B2B purchasing for customers, according to a press release. Revenue Cloud, according to the release, will work to bring together configure, price, quote (CPQ) and billing, partner relationships and B2B commerce capabilities in order to consolidate services and streamline the process overall.

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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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The Importance of Building Trust & Credibility with the Modern Member

Jack Henry

First things first, I want to level with you. I’m a … Millennial. Need proof? I’m glued to my smartphone. I expect instant and convenient everything. I think anything over a two-day shipping timeframe is unacceptable. I met my husband on a dating app. And I can’t entirely disagree with Time calling me narcissistic, entitled, overly confident, and lazy.

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The importance of “Branch Templates” within Episerver

Perficient

In modern day CMS systems we rarely create pages that have fixed layouts with zero flexibility. Often times we give the marketing team the power to define experiences by placing a number of configurable components on the page in the layout that they see fit. This is empowering, but can also be intimidating if you’re constantly starting with a blank slate.

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Afterpay ramps up for the holidays with cross-border POS credit

Payments Source

The cross-border e-commerce market is set to pass the $1 trillion mark in 2020, providing a huge addressable market for Afterpay's buy now, pay later expansion.

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PPP Fraud Reveals New Need For Banks To Use Geolocation Data

PYMNTS

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the rise, too. . “I think bad actors and fraudsters always follow the money,” Elizabeth Cronan , vice president of government relations at geolocation-based fraud prevention firm GeoGuard recently told PYMNTS. .

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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.