Chris Skinner
JULY 22, 2020
I’ve seen a few big deals signed this month to get banks onto the cloud, such as National Australia Bank (NAB) switching to Microsoft’s Azure, and Deutsche Bank moving to the Google Cloud. McKinsey expect that cloud usage will rise from less than a quarter of banks business being cloud-based to … The post Hey bank, get onto my cloud! appeared first on Chris Skinner's blog.
Accenture
JULY 22, 2020
As I illustrated in my last post, there are already plenty of examples of open data innovations being used to help with the unprecedented disruption and uncertainty that the COVID-19 crisis has caused. The question now is: What’s next for Open Banking and open data more broadly? What the COVID-19 lockdowns have certainly given us…. The post How open data can help in the post-pandemic era appeared first on Accenture Banking Blog.
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Perficient
JULY 23, 2020
Adobe’s Cloud Manager is quite feature rich in unexpected features. One of these features is that it is in no way obvious how one can diagnose dispatcher deployment issues when run through Cloud Manager. Note: due to AMS’ inconsistent environment setup, this article may not apply to everyone, but if you rely on your CSE to debug dispatcher deployment issues, this probably does for you.
Payments Dive
JULY 24, 2020
US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.
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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.
Chris Skinner
JULY 23, 2020
I stumbled across a great article about Brazilian neobanks the other day. Bearing in mind that Nubank is the most successful neobank in the world, with 25 million users at the start of June. As a result, when I saw a great article about banks in Brazil by Contexto, who … The post FinTech challenger and neobanks in Brazil appeared first on Chris Skinner's blog.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
JULY 20, 2020
Perficient is proud to be sponsoring this year’s Automotive CX Summit Series ! After providing an exclusive, in-person event for 15 years, this year’s Summit will take place virtually. The event will consist of two half days providing attendees with meaningful content focused on the automotive industry and peer-to-peer networking. Join Our Session.
Payments Dive
JULY 21, 2020
Wells Fargo is looking to focus its digital banking strategy as it emerges from the COVID-19 lockdown and completes an organizational restructuring.
Chris Skinner
JULY 20, 2020
I blog regularly about what a fanboy I am of Chinese technology giants Alibaba and Tencent. It’s getting a bit ridiculous now however, when payments companies are designing payments for cats and dogs … or maybe it’s not … it’s just an extension of technologies that work for humans. My … The post Pay-by-Nose, a new innovation appeared first on Chris Skinner's blog.
PYMNTS
JULY 21, 2020
Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Crypto enthusiasts proclaim that you can front the best-known players like bitcoin or the most obscure blockchain-backed currencies circulating the world and tap into the future of money.
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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
Perficient
JULY 21, 2020
This series was written with joy by Grayson Harden, Mary Claire Freese, & Rebekah Williamson. Don’t miss out on our previous blog post, Starting Your Career Remotely: Thoughts and Tips from Perficient’s Newest Colleagues. Wrapping Up: Q&A and Takeaways from Our Interns & Associates. Our 10-week Boot Camp training program is coming to a close this week, and though we are sad to see our interns leave, we are lucky to have had such solid team this summer.
South State Correspondent
JULY 20, 2020
Chances are you were already reducing the number of your branches. Between the interest rate environment over the past several years, the increase in digital spend, and the quest for greater operating leverage, banks can no longer afford large branch structures and still return their cost of capital. Recent studies now suggest a lower probability of a COVID-19 vaccine and a much lower probability of achieving herd immunity, at least over the next three to five years.
Chris Skinner
JULY 22, 2020
Things we’re reading today include: JPMorgan private bank managed at least $10million for Ghislaine Maxwell Should you leave your banking tech job for AWS? One in 10 born in 1980s to inherit more than half average lifetime earnings How strong are Britain and China’s economic ties? FCA may block appointments … The post Things worth reading: 23rd July 2020 appeared first on Chris Skinner's blog.
Accenture
JULY 20, 2020
My previous post looked at the tremendous impact the COVID-19 pandemic has had on consumer spending in Europe to date. This time, we’ll shift focus to the future and unpack what the pandemic will mean for key industry verticals and channels in Europe. The projections will focus on the card issuing and merchant acceptance segments…. The post Three COVID-19 projections for payments in Europe appeared first on Accenture Banking Blog.
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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.
Perficient
JULY 20, 2020
Starting in August Microsoft will begin pushing out a new file sharing experience for Microsoft Teams. In this blog, I’ll quickly highlight what this new update will entail and how you can prepare for this change at your organization. End-user experience. From an end-user perspective when they are typing in a chat, they will attach the file using the paperclip Attach icon, select from Recent, Browse Teams and Channels or OneDrive , choose the file they want to share, and click the Share a
PYMNTS
JULY 21, 2020
Spotify Technology on Tuesday (July 21) augmented its big push into podcasting with a major new offering, as the music streaming service announced plans to let select creators roll out videos along with their core audio offerings. Promising a “visual and audio feast,” Spotify said that both free and paid subscribers will now have access to “video podcasts” from the creators of podcasts like Book of Basketball 2.0 , Fantasy Footballers , Misfits Podcast , H3 Podcast , The Morning Toast , Hig
Chris Skinner
JULY 18, 2020
The main blog headlines are … What you really, really want is money (that’s what I want) I’ve written quite a few times about how economies work and the role of money as power. In particular, money is not just power but status, and leads to attractiveness, and the ability … The post The Finanser’s Week: 13th July 2020 – 19th July 2020 appeared first on Chris Skinner's blog.
Bobsguide
JULY 21, 2020
Automation was once embraced wholeheartedly by reconciliation departments as companies leaped at the opportunity to integrate the latest efficiency driving technology – everyone was a reconciliations superstar, focused on bringing about change and improvement. However, in more recent times.
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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
Perficient
JULY 23, 2020
Enjoy this product introduction video, with some of the first views of the Handshake User Interface and introduction to the featureset. Don’t be limited by what you can crawl out of the box. Handshake puts your content at your users’ fingertips. For more information, contact search@perficient.com.
PYMNTS
JULY 22, 2020
Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. The firm said the acceleration was mainly fueled by quicker growth in the United States, Brazil, Western Europe and a good share of APAC, according to the Monday (July 20) report.
Chris Skinner
JULY 23, 2020
Things we’re reading today include … Ex-Barclays banker’s sexist comments about Amanda Staveley released Ant Group announces plans to list in Shanghai and Hong Kong Banks lose out to capital markets when it comes to credit provision A shift from paper to virtual cash will empower central banks What are … The post Things worth reading: 24th July 2020 appeared first on Chris Skinner's blog.
Payments Source
JULY 24, 2020
Three months ago, Stephen Squeri, the chairman and CEO of American Express, declared a global "economic free fall" due to the coronavirus. Its second-quarter earnings show how far a fall it has been.
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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.
Perficient
JULY 21, 2020
The COVID-19 pandemic was always likely to be a talking point at Microsoft Inspire. Microsoft didn’t shy away from it either, acknowledging immediately that this year was a little different. The keynote speakers on Day 1 of Inspire – Microsoft Corporate Vice President of Commercial Partners, Gavriella Schuster, Microsoft Executive Vice President of Worldwide Commercial Business, Judson Althoff, and Microsoft Corporate Vice President of Consumer and Device Sales, Nick Parker – didn’t lament the d
PYMNTS
JULY 24, 2020
London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its Series D round that kicked off five months ago. The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. In February, Revolut raised $500 million in a round led by Menlo Park, California-based TCV, one of the largest growth equity firms.
Chris Skinner
JULY 20, 2020
Things we’re reading today include: Big banks look to the cloud to accelerate digital shift Global banks scrutinise their Hong Kong clients for pro-democracy ties Klarna: We tightened our lending in lockdown RBS tells its staff to carry on working from home until next year UK households suffer biggest financial … The post Things worth reading: 21st July 2020 appeared first on Chris Skinner's blog.
BankBazaar
JULY 18, 2020
They say you know a man by his acts. However, this adage certainly does not hold true for everyone’s favourite quipster, Danish Sait. After all, how many people can play the role of radio jockey, emcee, actor, comedian, writer and prankster-par-excellence with such ease? It goes without saying that he is undoubtedly the undisputed master of improvisation and the imitation game.
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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
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