Sat.Nov 21, 2020 - Fri.Nov 27, 2020

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PayPal CEO Shulman: Consumers Moving To Digital Currency In Droves

PYMNTS

Consumers are moving to digital payments and cryptocurrency in droves, and it’s inevitable that more central banks will issue digital forms of currency, PayPal CEO Dan Schulman said in a televised interview on Monday (Nov. 23). “There's no question that people are flocking to digital payments and digital forms of currency,” Schulman told CNBC’s “Squawk Box.”.

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A Look to 2021 with Cisco Meraki

Cisco

As we look back on 2020, the pandemic has proven to be a clear digitization accelerator—especially in areas critical to COVID-19 response. Companies within the financial sector are going beyond the lobby and into the cloud. Some of the key benefits of embracing a cloud-managed IT solution include a decrease in time to market thanks to automation and zero-touch provisioning, the ability to simplify visibility and troubleshoot while helping IT teams get ahead of issues, and the ability to focus ex

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Get Ahead of Ransomware Attacks with the R-SAT

Jack Henry

Ransomware attacks and the costs to get businesses back up and running continue to increase. The hasty expansion of the remote workforce due to the COVID-19 pandemic only makes matters worse. Ransomware is the third most common malware breach and the second most common malware incident type, according to the 2020 Verizon Data Breach Investigation Report.

Data 179
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Make Your Boat Swing: Lessons in Leading Change from the 1936 Olympic Men’s Rowing Team

Perficient

During the past year, leaders have faced numerous challenges while leading their organizations through changes as a result of the pandemic, unrest, and uncertainty. A key challenge for organizations has been learning to effectively and efficiently collaborate in a virtual workplace where all members work together in unison. Rowing, also known as Crew, is a competitive sport that requires a higher degree of individuals working together as a team than in any other sport.

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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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Holler, Stella Artois help keep James Beard Foundation's #OpenForGood

Payments Dive

Mobile Payments Today interviewed Holler's CMO, Sarah Aitken on a unique partnering with Stella Artois and Venmo to support the James Beard's Foundation for restaurants and businesses, #OpenForGood.

Mobile 367

More Trending

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Payments disruption is the new norm

Accenture

For the last 20 years, the most predictable thing about the payments industry was that it was unpredictable. Disruption has been going on for so long that it’s now hard to remember what so-called “normal” times were like—and the changes show no sign of slowing down. But the disruption will not be evenly distributed, either…. The post Payments disruption is the new norm appeared first on Accenture Banking Blog.

Payments 244
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Finding a Nearshore Partner Committed to Delivering Value

Perficient

Since March 2020, the stakes have never been higher for your business to adapt and evolve. But how do you accelerate and scale your transformation cost-effectively? The answer – optimized global delivery. Follow this series and learn more about our nearshore software development capabilities from several members of our global consulting team in Colombia.

Software 364
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5 challenges the unbanked faced coming into COVID-19

Payments Source

Improvements have been made in reducing the number of unbanked households over the past few years, but progress hasn't been even across different communities. There are also new obstacles coming to light, as COVID-19 drives more banks and consumers to digital channels to acquire and service new financial products.

Community 191
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AI Models Eliminate Bias For Digital ID

PYMNTS

The age of artificial intelligence (AI) is upon us, where data feeds and models are used in the service of everything from verifying the digital identity of remote users to approving or denying a bank loan application. But Labhesh Patel , chief technical officer and chief scientist at real-time identification firm Jumio , told PYMNTS in a recent interview that AI-underpinned models are only as good as their underlying training datasets.

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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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Green Finance: The Case for Converging Standards

Accenture

This series of blogs looks at the opportunities and challenges associated with green finance in Southeast Asia, and draws on the Green Finance Position Paper 2020 by Eurocham Singapore, and co-authored by Accenture, that assessed the state of green finance in Singapore and ASEAN. From Europe to North America to Asia, green finance is emerging…. The post Green Finance: The Case for Converging Standards appeared first on Accenture Banking Blog.

America 195
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Perficient Listed in Four Recent Forrester Reports Related to Microsoft Capabilities

Perficient

The second half of 2020 has been an exciting period for our Microsoft team, with Forrester listing us in four reports that relate to capabilities within our Microsoft practice. These reports range in solutions and showcase the wide range of capabilities that our Microsoft practice holds, ready to help clients with any number of digital transformation needs.

Report 362
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Brexit: what next for Open Banking?

Bobsguide

The UK is a leader in the field of open banking. 2019 was a mammoth year for the country’s open banking ecosystem, when UK open banking hit one million users, regulated providers grew to 204 and there were 1.25 billion API calls. There is no doubt open banking has helped lift London into a.

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HSBC Introduces New Real-Time Global Payments Tool

PYMNTS

HSBC is introducing a new real-time payments tool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. “As the world’s leading international bank, it is our ambition to put banking in our customers’ pockets, and create a top-tier borderless banking experience that lets them manage their finances whenever and wherever they want,” Matthias Dekan, head of HSBC Global Money, HSBC Group, said in a statement on Monday (Nov

Tools 352
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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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OP Financial prepares Nordic biometric card pilot in 2021

Payments Source

Finland’s OP Financial has announced that it will be launching a biometric payment card pilot in the Nordic countries in the second half of 2021.

Cards 178
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Healthcare Distribution & Manufacturing Companies Will Have Another Record Year in 2021

Perficient

An eMarketer article reported that “US B2B Digital Healthcare Ad Spend will grow by 41.2% in 2020 to reach $848.1 million. That is the highest growth rate out of all the sectors for which we track B2B digital ad spending.” Now, I can’t say I’m surprised by this statistic. As eMarketer accurately points out, not only is there an increased demand for healthcare products (specifically PPE) within healthcare facilities, new customers have entered this vertical who have never purchased these types of

Company 354
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Take Your Enterprise Content Management System Back to the Future Using Your Legacy Data

Jack Henry

The future of Enterprise Content Management (ECM) is upon us. In order to get the most out of the new technology and processes, you must take your legacy data and reinvent it. You won’t need any plutonium, a flux capacitor or Doc Brown to correct the data of the past. Here are some things you can do now to explore your past data and blaze into the future with your ECM data archives.

Data 174
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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. 24), rising above $19,000 in the morning, CNBC reported. At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different.

Bitcoin 339
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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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PayPal CEO sees staff working from home more often after virus

Payments Source

PayPal Holdings Inc. employees will probably spend more time working from home even after the coronavirus pandemic is over.

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The Power of Gratitude

Perficient

This is the time of year when we think about “Giving Thanks” and being thankful. It’s also about being grateful. The power that gratitude can have in our lives is amazing. I’ve been thinking about how we can adopt an “attitude of gratitude” all year long. I encourage our colleagues to bring their “whole selves” to work each day because wellness and balance are important to a healthy work-life balance and to our colleague’s happiness.

Community 352
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Loan Delinquencies Set to Increase as Support Reduces, Warns Moody’s

Banking Exchange

US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research Risk Management Feature3 Feature Mortgage Fair Lending Credit Risk Compliance Management Compliance/Regulatory Mortgage Compliance Mortgage/CRE Duties Financial Research The Economy.

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It’s A Wrap: Visa Completes Purchase Of Latin American FinTech YellowPepper

PYMNTS

Visa has wrapped up its acquisition of Latin American FinTech YellowPepper , the first deal of its kind by the financial giant in the region. In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Under that strategy, Visa is pushing to become a “single point of access for initiating multiple transaction types” while also laying the foundation for the “secure movement of money.”.

Fintech 332
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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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HSBC adds real-time cross-border payments in the U.S.

Payments Source

HSBC for the first time is offering customers a way to send funds instantly across borders to other HSBC customers via a mobile device.

Mobile 160
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Impact of Inventory Control Systems on your Supply chain

Perficient

How a Superior Inventory Control System can impact your Supply Chain. Understanding the impact of Inventory Control is key to your business’ operation. In the post Inventory Control Solutions need a focused perspective , we discussed why you should practice Inventory Control. A top-notch inventory control system will deliver reduced overhead costs and increased throughput.

System 332
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Current announces $131 million in Series C funding; Surpasses 2 million members

Current

NOVEMBER 24, 2020 - Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, today announced it has raised $131 million in Series C funding. New investor Tiger Global Management led the round for the mobile bank, which has now raised over $180 million in total funding and has a valuation of $750 million. The new capital follows a year of exponential growth for Current, which has doubled its member base in less than six months to surpass two million members.

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COVID-19 Health Passes Ignite New Debate On Digital ID

PYMNTS

The push toward digital IDs, toward tracking who’s who – and, in this case, who’s safe – may be getting a tailwind from air travel. To that end, a quintet of airlines is debuting digital health passes that certify travelers do not have the coronavirus. That passport, of a sort, will be known as CommonPass – and will certify negative COVID test results.

New York 326
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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.