Contra Accounts 101
Jack Henry
MARCH 25, 2021
No, this has nothing to do with the Iran-Contra affair. Now that I have thoroughly dated myself, let’s get into contra accounts. What is a contra, and what do I need to know? I’m glad you asked.
Jack Henry
MARCH 25, 2021
No, this has nothing to do with the Iran-Contra affair. Now that I have thoroughly dated myself, let’s get into contra accounts. What is a contra, and what do I need to know? I’m glad you asked.
Banking Exchange
MARCH 23, 2021
Payment disputes related to friendly fraud are expected to soar this holiday season due to the pandemic-fueled surge in e-commerce Risk Management Cyberfraud/ID Theft Consumer Compliance Operational Risk Security Online Payments Feature Feature3.
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ATM Marketplace
MARCH 23, 2021
Ruston Miles, founder and advisor of Bluefin Payment Systems takes a long look at how the coronavirus pandemic affected the payments industry and how that changes the future. This will be the first article in ATM Marketplace's series, COVID-19: A look back at a year of change
Perficient
MARCH 22, 2021
Welcome back! Last time we talked about controlling file downloads of sensitive content by using a session policy in MCAS. This time we’ll take things a step further and show you how to restrict specific activities like cut/copy, paste, and printing! If you are joining us for the first time, I encourage you to check out the first blog for a quick rundown of our scenario.
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Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
Accenture
MARCH 23, 2021
Payments is a hot topic for middle market banks. In fact, I think payments modernization is the most consequential transformation that they’ll make this decade. With the shadow of an aging payments infrastructure looming large, banks can’t stay on the sidelines. This is an existential issue. Banks that don’t act put their future at risk.…. The post Once-in-a-generation chance for banks in payments appeared first on Accenture Banking Blog.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
BankBazaar
MARCH 22, 2021
Sometimes, no matter how hard you try, your relationship with money refuses to improve. The answer could lie in your money scripts. Not sure what they are? Read on. Every New Year brings with it the promise of boundless possibilities to turn our lives around. In the run-up to the New Year, we all may have made an effort to spend some quiet time by ourselves, pausing and reflecting on the year gone by and filing notes about what aspects of our lives we may want to improve in the coming year.
Perficient
MARCH 22, 2021
After a year unlike anyone ever anticipated, I sat down with Perficient’s Vice President of People Andrea Lampert , to learn more about the inspiration behind the work Perficient recently invested in refining our People Promise, a meaningful and aspirational statement that captures the essence of who we are and who we aspire to be. Andrea, thank you for the time today.
Payments Source
MARCH 22, 2021
In-person branch use will continue, but retail banks should nonetheless double down on building intuitive, easy-to-use mobile experiences that drive customer satisfaction and brand loyalty ]].
Bobsguide
MARCH 23, 2021
A flexible, collaborative and adaptable approach to partnership was behind the success of 2020 bobsguide Best Retail Banking System Implementation award winners Compass Plus and Unibank. Unibank, one of the largest, most innovative and successful retail banks in Azerbaijan, originally teamed up.
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Dive into the complexities of New York lien laws with our comprehensive eBook, 'New York Lien Law Essentials: 5 Key Facts for Commercial Lenders.' In this detailed guide, we explore the critical formalities necessary for lenders navigating ground-up construction and fix-and-flip projects in the New York market. From documentation requirements to the implications of non-compliance, learn how to safeguard your lending position and prioritize legal adherence.
SWBC's LenderHub
MARCH 23, 2021
But I hold up my hand, I'm just trying make you understand, Lord, you know, everybody tells Lil' Junior "Somebody hoodooed the hoodoo man." – Junior Wells “The Hoodoo Man Blues”.
Perficient
MARCH 21, 2021
In this day and age, protecting your organization’s sensitive data has started to become exceedingly difficult. Where remote work has become the new norm, you will likely see many end-users using their own unmanaged devices to access corporate information. With this comes the risk of unmanaged devices sending/sharing sensitive information without the ability to control or monitor these types of activity.
Payments Source
MARCH 23, 2021
Decentralized finance, in tandem with financial institutions, could create a more efficient, convenient, wider-reaching, and more secure experience than traditional finance alone, says FISPAN's Clayton Weir. ]].
CFPB Monitor
MARCH 25, 2021
On March 23 , Illinois Governor Pritzker signed into law SB 1792 , which contains the Predatory Loan Prevention Act (the “Act”). The new law became effective immediately upon signing notwithstanding the authority it gives the Illinois Secretary of Financial and Professional Regulation to adopt rules “consistent with [the] Act.”. The Act extends the 36% “all-in” Military Annual Percentage Rate (MAPR) finance charge cap of the federal Military Lending Act (MLA) to “any person or entity that offer
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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202
SWBC's LenderHub
MARCH 22, 2021
Last Week: Rate traders’ disappointment with the Fed dominated the week. On Wednesday, the FOMC statement and Chairman Powell’s press conference drove home two points. The first is that the Fed considers inflationary pressures on the horizon as the economy opens up and recovers from the pandemic to be transitory.
Perficient
MARCH 25, 2021
Scott Albahary, Perficient’s financial services chief strategist, and I recently spoke with the Western Bankers Association about using empathy and personalization strategies to improve debt collection and recoveries. If you get a chance, listen to the short episode. But, if you can’t, here are the key points Scott and I make: Banks responded generously to support their customers’ debt hardship needs through the pandemic, but programs are ending.
Payments Source
MARCH 22, 2021
Google will have to bring new leadership to initiatives like financial inclusion and its operations in India now that Caesar Sengupta, vice president and general manager of payments, has announced he will leave the company. ]].
Gonzobanker
MARCH 24, 2021
A new customer digital experience that doesn’t deliver long-term results won’t matter in the long run. “Gentlemen, you can’t fight in here. This is the war room.” —President Merkin Muffley, Dr. Strangelove. Events in the last year have pushed the conversation about digital transformation to a new level of focus for senior executives at financial institutions.
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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.
TheGuardian
MARCH 21, 2021
Former prime minister said to have sent multiple messages to chancellor to access funds for doomed lender New questions are being raised over David Cameron’s attempts to lobby government on behalf of doomed lender Greensill Capital, after he reportedly contacted the chancellor’s private phone in hopes of securing special access to hundreds of thousands of pounds of emergency Covid loans.
Perficient
MARCH 23, 2021
This study is a comprehensive review of mobile versus desktop usage on the web. In this year’s study, we compare 2019 and 2020 traffic patterns in the U.S. and globally. We also include tablet usage stats. The data in this study was pulled from Google Analytics’ Benchmarking feature , which provides aggregated industry data from companies who share their data.
Payments Source
MARCH 23, 2021
Non-fungible tokens are taking the digital world by storm. They could displace traditional payment rails, but they could also be a handy tool for cybercrooks. ]].
Cisco
MARCH 24, 2021
Throughout 2021, Cisco Financial Services will continue to examine how ‘Connect, Secure, and Automate’ – our strategy for helping customers accelerate their digital agility – enables financial institutions to deliver digital-first customer engagements that capitalize on a hybrid work operating model. This week we welcome Anthony Cresci, VP of Business Development and Operations at Theta Lake for a short Q&A on a key topic for operational risk and security leaders – ensuring regulatory and au
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Banking Exchange
MARCH 24, 2021
S&P Global Market Intelligence analyzed more than 4,000 banks and credit unions to name the top performers Community Banking Feature3 Feature Bank Performance The Economy Financial Trends Retail Banking.
Perficient
MARCH 23, 2021
Overview. This use case describes how to customize and validates JSON message for GrantType client credential – AccessToken. What is GrantType client credential? Client POST’s an API call to Apigee with client ID and client secret to fetch the access token from the registered developer application. In addition, query parameter grant_type=client_credentials must be passed in the request.
Payments Source
MARCH 23, 2021
Michael Moeser, senior analyst at PaymentsSource, talks to Shai Cohen, senior vice president of global fraud solutions at TransUnion, about the rapid evolution of fraud in the digital era. ]].
Bobsguide
MARCH 25, 2021
The average daily volume for fixed income electronic trading reached a new record of $10.6bn in January surpassing the previously set record of $10.3bn in May last year, according to a report by Greenwich Associates, as trading houses rely increasingly on automation. “A big impact is the.
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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper
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