Sat.Feb 27, 2021 - Fri.Mar 05, 2021

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Seizing the $300 Billion Opportunity in Payments

Accenture

Many banks today are not seeing the returns on their investments in payments modernisation they hoped for. This is often due to a reactive, compliance-driven, piecemeal approach that makes it harder to adopt new capabilities.

Payments 483
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Merchants Must Cater to the Distracted Shopper

Payments Source

The post-pandemic world requires serving multitasking consumers. Checkout.com exec and Card Forum: Contactless presenter Bradley Riss discusses how that works in a preview of our virtual conference. Contactless payments Digital payments

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5 Customer Service Mistakes Impacting Your Account Holders’ Experience

SWBC's LenderHub

As we all know, providing exceptional customer service is key to running a successful company, but is your financial institution doing everything it can to ensure your valued customers are getting the type of service they want and need?

Company 148
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How to Get Started With a Power Platform COE

Perficient

The following is the fifth and final in a series of blogs about how a center of excellence can help you unlock the potential of your people and Power Platform. Throughout this series, we have explained how Power Platform enables your makers and why and how a COE enables these makers. Now all you need to know is how to get started with your Power Platform COE.

How To 553
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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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Request to Pay—a growing global trend in payments

Accenture

In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place. In this post, let’s take…. The post Request to Pay—a growing global trend in payments appeared first on Accenture Banking Blog.

Trends 372

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Interchange to rise in April, but card brands offer an olive branch

Payments Source

The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further.

Cards 160
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Applying Power Platform to the Healthcare Industry

Perficient

The purpose of this miniseries is to build an app for healthcare providers to be able to view a patient’s lab results and immediately see a list of next steps or directions for patient care. To do this, we will build a Power App that takes in the patient’s name and displays that patient’s lab results and a checklist of directions for the provider to follow.

Industry 547
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Accelerating digital transformation: value in a platform-based approach

Bobsguide

Over the last 12 months we’ve seen one of the biggest shifts in decades in financial technology – with banks accelerating the transition of their operations to the cloud. The benefits are clear: a cloud-based approach provides easy access to innovation, helps banks.

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BNY Mellon Enters Digital Assets Arena as Interest Grows

Banking Exchange

Development comes amid controversy over new digital banking licenses Technology Financial Trends Feature3 Feature Fintech Blockchain.

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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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Klarna valued at $31 billion after U.S. growth stoked investors

Payments Source

Klarna Bank said it raised $1 billion at a valuation of $31 billion, triple the price investors gave the Swedish payments firm during its last funding round, following rapid growth in its U.S. business.

Payments 160
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SCAD Team Mentored by Director of Experience Design Wins STARTUP Competition

Perficient

Joseph Willet, a Director of Experience Design at Perficient and alumni of Savannah College of Art and Design (SCAD), recently mentored a team of students that participated and won the Fan Favorite award at the 2021 STARTUP competition, the week-long yearly competition hosted by the Future Leaders of UX (FLUX) Club. STARTUP is typically a one-track competition where teams create a viable start-up business with a design strategy, but this year’s competition included two tracks, the second track p

UX 539
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Are software vendors about to become Netflix-like? Well, sort of

Bobsguide

These days, there are three main software delivery models on the market: out the box, off-premises, and on-premises. In the out of the box delivery model, the user buys a disk containing a software distribution kit and installs it. Simple as it may seem, the main disadvantages of the model.

Software 157
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Negotiating nationalisation

BankUnderground

Austen Saunders. 1 March 2021 was the 75th anniversary of the Bank of England’s nationalisation. While its stock formerly passed into public ownership in 1946, Lord Catto (the Governor) and Hugh Dalton (the Chancellor of the Exchequer) had negotiated the terms of the Bank’s nationalisation the summer before. During these negotiations Catto lobbied for the Bank not to be given more powers to regulate banks.

Policies 136
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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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Amex adds wireless phone insurance to top-tier rewards

Payments Source

As wireless handset costs rise, American Express is throwing in insurance coverage for phone repair or replacement on top-tier rewards cards as another way to get upscale travel-and-entertainment customers to stick around as the pandemic drags on.

Cards 160
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MiHC La Puerta Portal Opens the Door to Success for Hispanic Students in Detroit

Perficient

Perficient is pleased to announce, along with the Michigan Hispanic Collaborative (MiHC), the enhanced availability of the La Puerta portal. Perficient developed the La Puerta portal framework as a way of giving back to the Detroit community and to pave the way for students to benefit from a college education. The Michigan Hispanic Collaborative’s goal to improve the economic strength of the Hispanic community in Michigan.

Detroit 520
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Fintechs praise Kalifa Review but await government response

Bobsguide

Reaction to the long-awaited Kalifa Review of UK Fintech by the fintech community has been broadly positive. But the industry’s attention now turns to the UK government and how it will implement the raft of recommendations made in the report. Published on February 26, on the eve of the.

Fintech 135
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Out of office: what the homeworking revolution means for our cities

TheGuardian

Employees’ reluctance to return to full-time commuting after a year of Covid means change is afoot for companies Susanna* has spent most of lockdown in back-to-back Zoom meetings. It is a major change for the senior banker, who used to commute to London from her home in rural Lincolnshire and regularly travelled across the country to meet business customers face to face.

Meeting 124
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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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Ripple founder funds upgrades in San Francisco small-business zones

Payments Source

Chris Larsen, co-founder and former CEO of the payments company, is donating $1.7 million to help merchant associations improve the city's lighting, crosswalk markings, sidewalks and trash receptacles.

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Perficient’s Bright Paths Program Welcomes 25 Women to Tech in Detroit

Perficient

Perficient is proud to help #ChangeTheRatio in Detroit. Today, Perficient colleagues are excited to welcome 25 new women to the tech industry as the first Perficient Bright Paths training program kicks off at an online pop-up campus in Detroit! The Perficient-sponsored Hackbright Academy offers 25 women a fully-paid, customized coding bootcamp over the next ten weeks.

Detroit 520
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Tokenization: Embracing the great unifier

ATM Marketplace

Consumers expect their personal payment data will be protected when shopping online. For many companies that requires tokenization: using an algorithmically generated number called a token. Andre Machicao, SVP, Global Head of Product, Cybersource, shares his insight on tokenization and how it can help consumers and online businesses.

Online 107
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Rebeca Romero Rainey: The power of our stories

Independent Banker

Our marketing efforts as community banks often center on the stories we tell, and they resonate because they unveil the beauty of our joint community experience. The art of storytelling began as a way to solidify cultural history and preserve details for future generations. Yet, to be retained, stories have to trigger us to remember them; they have to elicit an emotional response.

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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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Can we finally kill the password?

Payments Source

David Heun, associate editor of PaymentsSource, talks to Phillip Dunkelberger, president and CEO of Nok Nok Labs, about the latest developments in data security. Nok Nok is a founding member of the Faster Identity Online alliance, or FIDO.

Security 154
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Perficient Gives Back to Hometown Community of St. Louis

Perficient

The people of Perficient are big believers in giving back to the communities in which we live and work. As the headquarters of a global company based in St. Louis, there is an opportunity to invest in the surrounding community that Perficient takes seriously. . Tanya Stewart, talent acquisition manager, chose to make a difference for many people! From partnering with top organizations and sponsoring special events to be the people actually picking up the trash along the highway, our leadership a

St. Louis 511
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Budget 2021: Fintech omission disappoints

Bobsguide

Hopes of detailed spending plans for fintech were dashed when Chancellor Rishi Sunak failed to specifically mention the sector in his Budget speech on March 3. Luke Hamm, CEO of R&D tax specialists GovGrant said in a statement that the government had “fallen short” of.

Fintech 88
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Top News Updates in Personal Finance | Feb’21 – Week 4

BankBazaar

Here’s a roundup of the latest news updates in the past week from Gold Loan rates to income tax returns ?. . ?. – Rs.1.91 lakh crore issued as I-T refunds between 1 April 2020 and 8 February 2021. – Karur Vyasa Bank records a Q3 profit of 133% at Rs.35 crore. – Petrol and diesel prices recorded an all-time high. – Punjab and Sind Bank, and Bank of India offering lowest rates of gold loans. – Bank of Baroda offers 100 bps for senior citizens under the Senior Citizens

Taxes 88
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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