Sat.Aug 15, 2020 - Fri.Aug 21, 2020

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The Missing Guide to Your Adobe Managed Services Servers

Perficient

Working with Adobe Managed Services (AMS) I’ve wished I had a guide to the common activities I need to log into a server to perform. Here is a quick starter to help you find your way around the servers provisioned by Adobe Managed Services. Since I can’t guarantee AMS environments are consistent (and checking with other teams I’ve confirmed they’re not) you may find these commands or paths don’t exactly match yours, but they should be a good start.

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Covid-19: The digital acceleration it caused that no one saw coming

Payments Dive

Steve Villegas, VP of PPRO takes a look at an unexpected result that has come from the coronavirus pandemic: an increase in e-consumers, including older shoppers that have now embraced the digital world.

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Banks should capitalize on saved time to empower RMs

Accenture

No matter what job you have, time is your most precious resource. For relationship managers (RMs) in commercial banking, this is certainly true. RMs are the backbone of a bank’s relationship with its customers, and if they don’t have the time to properly support these customers, the bank as a whole suffers. That’s why we’ve…. The post Banks should capitalize on saved time to empower RMs appeared first on Accenture Banking Blog.

Capital 455
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Early Data on PPP Forgiveness Processing

South State Correspondent

Without approving the HEALS or HERO Acts, Congress gave little reason for banks to delay their Paycheck Protection Program (PPP) Forgiveness program. As such, many banks, like ourselves, launched on the 10 th. With one week of testing and one week of processing, we thought it might be helpful to give an update that can hopefully inform your process.

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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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Track the Triad to Tria(d)ge

Perficient

As usual of my blog – the following anecdote unfolds the subject of my blog.…. Have you met oxymoron characters? I have and I am going to describe an incident in one such character’s life: I know a balding old gentleman who is stung by an oxymoron combination of OCD (Obsessive Compulsive Disorder) and absent mindedness. This man had peculiar habits one being carrying anything and everything tucked in newspaper folds to safeguard them from crumpling.

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More Trending

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Banks face an imminent credit crisis

Accenture

The likelihood of a quick, V-shaped COVID-19 economic recovery is fading in many countries. The impact of the downturn—lower incomes, further job losses, diminished demand and more—is likely to endure, driving many consumer and business borrowers into default. A torrent of delinquencies will cause a new credit crisis that is likely to swamp but not….

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Ripple debuts digital ID project with 40 companies on board

Payments Source

By slicing clutter out of international payments, Ripple managed to turn rivals into partners once before. It hopes a hunger for sharable authentication can make that happen again.

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Perficient Colleague Transforms No-Kill Animal Shelter with Technology Skills

Perficient

Due to COVID-19, dog shelters need more help than ever before, as more people are looking to adopt and foster pets for companionship as quarantine progresses. One of these shelters is the Hood River Adopt A Dog shelter in Oregon. Kurt Heslop, lead technical consultant, started volunteering at the shelter in April 2018 to spend time with dogs, but it soon evolved to much more than that after joining the Board of Directors in December 2019.

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Google Asks FCC For OK To Test 6G Service

PYMNTS

Google is asking the Federal Communications Commission (FCC) for permission to hold radio experiments “in and near the 6 GHz band,” according to a recent filing with the agency. The tech company said in the filing that it “proposes to conduct experimental propagation testing in the 6 GHz band to produce technical information relevant to the utility of these frequencies for providing reliable broadband connections.”.

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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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Open Banking: Measuring success to drive value

Accenture

Open Banking has become a global movement driven by regulatory, customer and ecosystem forces, each shaping the outcomes of a bank’s Open Banking initiatives. In order to deliver these outcomes, realize the full value from Open Banking, as well as keep improving their offerings, banks need to measure and monitor not only the key performance…. The post Open Banking: Measuring success to drive value appeared first on Accenture Banking Blog.

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Incumbent retail banks balancing consumer need and tech

Bobsguide

“If our CEO came to us and said ‘right, we want to rapidly digitalise this bank so that we do everything that we do today only through digital channels,’ we would have sized that and said we're going to have to stand up multiple programs, it's going to take us 12 to 18.

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The Top SEO Challenges in Healthcare

Perficient

Over the past five years, SEO has become an increasingly more important channel for acquiring new customers. The advent of COVID-19 has only accelerated that trend, as people spend more and more time online. That impacts all types of healthcare companies, including providers, insurers, device manufacturers, and pharmaceutical companies. In this post, we’ll discuss some of the top challenges in the healthcare space and how to deal with them effectively.

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The Rise Of The Auto-Refill Economy

PYMNTS

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 percent overall last month, but down from the 8.4 percent growth in June. Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent overall in a trailing 12-month period, and that businesses had mostly recovered all of the losses that had been incurred in the March-through-May lockdown.

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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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Latin American mega-retailer reaches underbanked with cross-brand financing app

Payments Source

Unicomer Group, Latin America’s equivalent of Best Buy, has teamed up with YellowPepper to develop a digital credit app that acts as a financial services center for underbanked and unbanked consumers.

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Retail banks can no longer afford tech mistakes

Bobsguide

Incumbent retail banks who have not yet developed a progressive digital strategy face significant cost pressures in the coming years, according to industry panellists in an online event today. “Look at Facebook, Google, Amazon and so on who have been constantly updating.

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Kari’s Law and RAY BAUMS Act: Why you should care

Perficient

If you’re part of an organization, there is a very good chance that you have some type of phone system that you use on a daily basis. However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. Recently the FCC (Federal Communications Commission) has announced some drastic changes to how E-911 must function.

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Bitcoin Daily: China Expands Digital Cash Pilot; California Bill Defining Digital Assets Moves Forward

PYMNTS

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The plan will come with a large number of cities in which to test the currency, including Beijing and the provinces Tianjin and Hebei in the north, the Yangtze River Delta to the south, and the Guangdong province and the neighboring cities of Hong Kong and Macau along the country’s prosperous southern coast, WSJ reported.

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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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Have banks, fintechs compete to bring banking services to post offices

Payments Source

A pilot program that would let banks, credit unions and challenger banks bid to offer financial services within rural and inner-city post offices could be a first step in serving the underbanked while also helping to shore up the U.S. Postal Service's finances.

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Fannie Mae and Freddie Mac announce adverse market LLPA

CFPB Monitor

On August 12, 2020, Fannie Mae and Freddie Mac announced that the cost to originate and to deliver single family limited cash out refinances and cash out refinance mortgage loans would increase by one half of one percent (0.500%), or 50 bps, as a loan level pricing adjustment (LLPA). Fannie Mae Lender Letter (LL-2020-12) states that “[i]n light of market and economic uncertainty resulting in higher risk and costs incurred by Fannie Mae, we are implementing a new [LLPA].

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New Sitecore 10 New Features, Widely Available

Perficient

For those of you who weren’t aware, Sitecore 10 has made it into the community as of last week which makes this a great time to start learning about it on our blog. For inspiration, here are some new things that Sitecore 10 brings to the table: Container support. Headless development with ASP.NET Core. Sitecore CLI for serialization. New EXM email templates.

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Buffett’s Berkshire Hathaway Dumps US Bank Stocks For Gold

PYMNTS

Berkshire Hathaway ’s unloading of billions of dollars from bank stocks is exacerbating the hurt on the nation’s biggest financial institutions, Reuters reported. Warren Buffett, the company’s chairman and CEO, has sold shares of Wells Fargo and J.P. Morgan Chase and dropped an investment in Goldman Sachs. Based on its second quarter filing with the Securities and Exchange Commission, Reuters reported Berkshire reduced its Wells Fargo stake by 26 percent to 237.6 million shares, lowered its sta

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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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Troubled Wirecard plans to sell U.K. division to Railsbank

Payments Source

Wirecard, which is trying to sell pieces of its embattled company while rivals pick up its clients, has struck a deal to sell its U.K. division, Wirecard Card Solutions, to Railsbank, an open banking and payments technology firm.

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Revealed! The Secrets Successful Gold Investors Aren’t Telling You

BankBazaar

India’s fascination for this precious metal only seems to be growing. Jewellery? Sure! Investment option? Not so sure, right? Here’s all you need to know. Not too long ago, gold was used as the primary currency in many places around the world. Times have changed and that is no longer true. However, gold is still a solid, long-term investment and might just be a valuable addition to your portfolio.

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Jumpstart Your Platform Selection and Avoid Lengthy RFP

Perficient

Let’s say it has been ten years since you last implemented your self-service customer portal and it’s starting to show its age. A lot has changed in the portal space since that time and you want to consider a new platform to support your ongoing digital transformation efforts. As you start to research what’s available in the market, you find that there are hundreds of potential systems, all at different price points and all that claim to be the best solution.

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AP Automation: The Three ‘P’s’ Of Standing Out In The Crowd

PYMNTS

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. The competition is undoubtedly heating up. According to Comdata ’s Senior Vice President of Product Tad Fordyce , there are several key areas where financial institutions (FIs) can focus to drive the most value for their corporate clients.

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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