Accenture
APRIL 25, 2022
“Learn from the mistakes of others. You can never live long enough to make them all yourself.” – Groucho Marx “Sometimes, when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.” — Steve Jobs One way to define innovation is as a journey into…. The post 4 powerful payments insights from recent fintech news appeared first on Accenture Banking Blog.
Payments Dive
APRIL 25, 2022
Banks have long complained that fintechs are able to offer many of the same financial services without abiding by the same laws. In an effort to level the playing field, the Consumer Financial Protection Bureau said Monday it would invoke a largely unused legal provision.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Perficient
APRIL 25, 2022
In our previous blogs , we’ve documented how insurance is a complicated product for the traditional commerce process. Let’s recap what we’ve covered: It’s a product that is mandated by the state, financial institutions, and professions for many parts of life – driving, homeownership, rental, professional liability, and others. But it’s not a product that most of us enjoy shopping for in our daily lives.
South State Correspondent
APRIL 29, 2022
Increasing Wage Gains Will Keep the 50bps Rate Hikes Coming. Treasuries are trading heavy this morning as the Employment Cost Index (ECI) came in above expectations and that is sparking concerns of the dreaded wage-price spiral. That is essentially when fatter wallets encourage more spending which in theory contributes to further price increases. ECI is the broadest measure of compensation costs as it measures just about all aspects of it: wages, salaries, bonuses, other benefits and payroll tax
Advertisement
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.
Accenture
APRIL 26, 2022
Environmental, social and governance (ESG) ratings are essential for banks and the companies they fund. But too often these sustainability assessments are opaque and inconsistent. Now, regulations that would improve the transparency of ESG ratings have just moved closer. The International Regulatory Strategy Group (IRSG), in the UK, has declared its support for the regulation….
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Perficient
APRIL 26, 2022
FINRA member participation in TRACE is mandatory and obligates members to submit transaction reports in TRACE-eligible securities to conform with the Rule 6700 Series. Getting started requires a member to complete a FINRA Transparency Services Participation Agreement (FPA) version 1.4, found on the FINRA website, and then submit the signed form via the FINRA Firm Gateway.
Abrigo
APRIL 28, 2022
How Core Deposit Analytics Help Banks and Credit Unions Plan For Rising Rates Core deposit analytics provide a wealth of information for strategic planning, deposit pricing, product development, and more. How to get the most out of a core deposit study. You might also like this webinar, "Analyzing Core Deposits for Risk Management & Loan Growth." watch.
Accenture
APRIL 24, 2022
One of the biggest long-term impacts of the COVID-19 pandemic is how it changed our relationship with work. Record numbers of people are re-thinking their careers right now. A survey of 30,000 employees across 31 markets in early 2021 found that more than 40% were thinking about leaving their current jobs. Between April and September…. The post Banks need to modernize their cultures in the wake of the pandemic appeared first on Accenture Banking Blog.
Payments Dive
APRIL 29, 2022
Visa and Mastercard will be in the hot seat next week at a hearing of the Senate Judiciary Committee led by their long-time nemesis, Sen. Dick Durbin. A notice for the hearing teases that the discussion will zero in on "excessive swipe fees" and a lack of competition in the industry.
Advertiser: ZoomInfo
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.
South State Correspondent
APRIL 27, 2022
Banks that focus on the customer experience have come to learn that it is not the forward-facing customer experience that matters, but the “total experience” that now counts. Total experience is the business strategy for creating superior customer AND employee experience. In this article, we walk through why banks should focus on total experience (TX) and give you the ten critical factors that can catapult your bank ahead of almost every bank in the industry.
Jack Henry
APRIL 28, 2022
Community and regional banks and credit unions have created strong accountholder loyalty for decades, based on service, trust, and relationships. They’ve handled everything from a child’s first passbook account to a teen’s first checking account. It wasn’t uncommon for a long-term banker to follow a customer or member through major life milestones – whether it was applying for their first car loan, first mortgage, or maintaining a retirement account.
Accenture
APRIL 25, 2022
The last two years have changed how banks are approaching their digital journeys. That’s why I wanted to write about this topic, and why I asked my colleague Danelle Faust to join me as co-author. She leads our financial services business within Accenture Interactive across the Midwest, helping organizations improve customer experiences. The pandemic pushed….
Payments Dive
APRIL 29, 2022
First-quarter data from research firm CB Insights showed U.S. payments startups saw a 61% spike in funding rounds from the previous quarter, but a 23% drop in total funding.
Advertisement
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.
South State Correspondent
APRIL 27, 2022
Higher Rate Levels Take a Bite Out of Housing Activity. While the Fed has only hiked once to date, they will follow that with a 50bps hike next week, meanwhile, the market has been busy doing plenty of the heavy lifting for the Fed. One sector that has been a real economic star since the pandemic began has been housing. It motored on in the face of higher housing prices over the last few years and those higher prices have also been a major contributor to higher inflation via the Owners Equivalen
Bobsguide
APRIL 29, 2022
Birmingham, Ala. April 28, 2022 – NXTsoft , a company focused on delivering Connectivity as a Service to the financial marketspace has announced the initial version of a multistage release of its FinTech API Connectivity as a Service Marketplace (marketplace.nxtsoft.com) that enables financial institutions to select from pre-built connectors from up 60+ Fintech companies and 99% of U.S.
Accenture
APRIL 27, 2022
In this series of Banking Cloud Altimeter conversations, we’ve discussed the challenges that banks face in their journey to cloud, and the shift in culture that can help them maximize the value they get from their transition. In this post, we’re focusing on core workloads. Core systems are both the engine and the heart of…. The post Smart banks will move their core to cloud now appeared first on Accenture Banking Blog.
Payments Dive
APRIL 27, 2022
Extraordinary international events have both buffeted and benefited the card giant's business this year. Visa said a recovery of travel and cross-border transactions boosted its earnings through March, despite a negative impact from shutting down operations in Russia after that country invaded Ukraine.
Advertisement
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.
South State Correspondent
APRIL 24, 2022
Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. We believe that having more options for community banks is beneficial. Still, bankers need to streamline the number of indices used because having too many indices is not conducive to efficient pricing and loan and deposit processing.
SWBC's LenderHub
APRIL 25, 2022
Last Week. For the second straight week, the financial markets took hits from all directions. There was literally no place to hide.
Bobsguide
APRIL 27, 2022
Atlanta, Ga., April 26, 2022 –ThreatAdvice , a company focused on cybersecurity management solutions for the MSP space, today announced a partnership with IGI CyberLabs to include the company’s Nodeware solution that provides continuous vulnerability scanning—including, internal, external and asset identification—in its comprehensive cybersecurity management solution.
Payments Dive
APRIL 26, 2022
Other countries, including China and India, are reaping much bigger rewards than the U.S. from their business and consumer adoption of real-time payment systems, according to a new study.
Advertisement
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.
Cisco
APRIL 26, 2022
The future of financial services will be shaped by the ability of financial institutions to extract and deliver more customer value from data. The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Those opportunities will rely on data and analytics for real-time decision making.
CFPB Monitor
APRIL 25, 2022
The CFPB has issued its annual Fair Debt Collection Practices Act report covering the CFPB’s debt collection activities in 2021. The report incorporates information from the FTC’s most recent annual letter to the CFPB describing its 2021 activities in the debt collection market, including information about the FTC’s enforcement actions involving collection practices directed at small businesses.
Bobsguide
APRIL 27, 2022
EMS integration automates historically manual processes, unlocking hard-to-find liquidity for the buy-side community. London, 25 April 2022: Appital, the Equity Capital Marketplace , today announced that TS Imagine, a leader in trading, portfolio and risk management solutions, has integrated its award-winning, multi-asset EMS with Appital’s pioneering bookbuilding platform to provide buyside clients with greater access to liquidity.
Payments Dive
APRIL 29, 2022
Mastercard's first-quarter revenue jumped 24% to $5.2 billion on robust consumer spending as coronavirus restrictions faded and cross-border payments picked up.
Advertiser: ZoomInfo
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.
Expert insights. Personalized for you.
369 
Let's personalize your content