Sat.Jan 16, 2021 - Fri.Jan 22, 2021

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The Bank-FinTech Collaboration Model Goes Global

PYMNTS

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. This week’s look at the latest in bank-FinTech collaboration includes new partnerships in Australia, South Africa, India, Pakistan and across Europe, with many FIs bolstering the foundations of their SMB-serving infrastructures.

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Transacting vs. Conversing: The Value of Authentic Communication in Collections

SWBC's LenderHub

We’ve all been on Zoom calls this year in which real life has made its way into a business meeting. You see a toddler’s hand reach across the screen or a cat trying to jump onto a keyboard while someone is giving a presentation, and you realize—we’re all humans who are doing the best we can to adjust to and carry on with our lives in the midst of a chaotic year.

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Deep Dive: How Digital ID Verification Can Help Firms Streamline The Remote Hiring Process

PYMNTS

The pandemic has heaped more than a few stresses on employers, and adding workers has emerged as an especially challenging task. Hiring has slowed across many sectors, but the need to replace departing workers or add employees amid growth remains for some industries. The pandemic continues to keep social distancing rules in place, however, which means that virtual hiring has become the new standard. .

Fraud 281
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Iterative Design for Quick Turn-Around Projects

Perficient

With the onset of the COVID-19 pandemic, businesses and consumers are reminded that anything can happen. Consumers are looking to the companies and resources they trust to understand relevant, rapidly evolving information and guidance. Brands have an opportunity to grow that trust by creating website experiences with up-to-date visuals, content, features, and functionalities consumers need to quickly navigate and find the information they are seeking.

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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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QR Code: It's cool again

Payments Dive

John Minor is Chief Product Officer for PayNearMe. John shares his knowledge and expertise on QR code and why this formerly forgotten marketing tool has suddenly become on of the industry's favorite ways to pay.

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More Trending

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Malaysia's Mobile Money, Bangladesh's bKash Team With Ripple On eWallet Remittances

PYMNTS

Blockchain-based global payments provider Ripple announced it has entered into an arrangement under which Malaysian mobile wallet provider Mobile Money, and bKash , a provider of mobile financial services to more than 45 million people in Bangladesh, will conduct transactions through the RippleNet network. “bKash and MobileMoney will gain access to a wide range of RippleNet’s features, including wallet-to-wallet transactions,” Ripple wrote in a news release announcing the deal.

Mobile 357
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[Podcast] Healthcare Data is Changing Consumer Care

Perficient

Healthcare leaders have access to more healthcare data and technology than ever before allowing them to transform patient and member care. A one-size-fits-all-approach doesn’t work anymore and we’re being challenged to do more through personalized medicine. In season 1 episode 2 of the Intelligent Data Podcast , host Arvind Murali and his guest Juliet Silver, Perficient’s Chief Strategist of Healthcare , discuss the state of affairs in the healthcare industry including the “Triple Aim”, the COVI

Data 508
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Digital wallet adoption: how providers can sustain a competitive advantage.

Payments Dive

Alexis Zukierman is the Business Development Manager at Intive, a global digital software and design company that accelerates digital transformation for products and services. Alexis shares his insight and knowledge of digital wallets and how providers can utilize this tool to gain a competitive advantage.

Software 459
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Enabling Open Banking for Business Finance: 5 actions to take now

Accenture

After a tumultuous 2020, the New Year brings more change and, for commercial banks that act boldly, new opportunities in Open Banking. As of February 1st, Australia enters the next phase of its Open Banking transformation when banks and other financial institutions are required to be ready to share business finance data across the industry…. The post Enabling Open Banking for Business Finance: 5 actions to take now appeared first on Accenture Banking Blog.

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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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Banque De France Has Finished CBDC Trial

PYMNTS

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around 2 million euros (about $2.4 million), per CoinDesk.

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A Strategic Perspective: Emphasizing Inclusivity on a Global Level for Web Design

Perficient

It’s our job as marketers, designers, and strategists to develop and design inclusive web experiences and user interfaces. These experiences must aim to accommodate and benefit different audience needs based on their geographical location, culture, ethnicity, race, gender, age, language, sexual orientation, and so on, without seeing these factors as an obstacle to overcome in the strategy and design process.

Strategy 496
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Lessons Learned from the 2020 Atlantic Hurricane Season

Jack Henry

Many communities, especially in Louisiana, are still in recovery mode from the 2020 hurricane season, and that there’s still a lot of hard work ahead. Our thoughts and well wishes remain with all of those impacted during this very difficult year. As I reviewed past articles I’ve written on the Atlantic hurricane season and its effect on financial services, I used the word “observations” instead of “lessons learned” because when some of those observations are of the same challenges repeated time

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6 ways consumers and fintech are changing the travel industry

Payments Source

COVID-19’s impact on travel has been dramatic, and it has forced both consumers and travel executives to re-imagine what travel will look like going forward.

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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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Helping Brands: D2C Brands Tap New Business Models To Shorten 'Time To Commerce'

PYMNTS

The shift to digital commerce has opened up new markets for companies across all verticals and sizes. But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges.

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How to Set Up Automated Deployment with CI/CD Pipelines through Azure

Perficient

The main purpose of automation within your business is to deploy your application into different environments such as Dev/QA/Production with the push of a button or without manual intervention. Automation reduces the risk of deployment errors, reduces the number of development hours for deploying code changes in multiple environments, and help to deploy the changes more frequently in development and QA environments and comprehensive testing as soon as possible after changes are made.

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Improving the Efficiency of Your Core Banking Processes Is as Easy as 1, 2, 3…

Jack Henry

As accounting scholar Robert S. Kaplan once said, “If you can measure it, you can manage it.” And when it comes to measuring the efficiency of core banking processes, he could not be more on point. Here are three steps to guide your organization through the challenges of improving the efficiency of your core banking processes.

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Payments startup Payoneer in merger talks with SPAC

Payments Source

Payoneer, an online payments specialist, is in talks to go public through a merger with FTAC Olympus Acquisition Corp., a blank-check firm, according to people with knowledge of the matter. FTAC rose as much as 29% on the news.

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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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APIs, Data Analytics Bring Cash Flow Control To The Back Office

PYMNTS

The pandemic is causing fluctuations in the global economy, and supply and demand shifts are causing many businesses to face liquidity stresses and limited credit access. These factors are putting companies to the test, especially in how they handle their corporate finances. There have also been shifts in how customers pay for goods and services, with s ocial distancing policies making contactless transactions essential and pushing consumers toward payment methods such as bank transfers and dig

Analytics 319
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Perficient Colleague Fights Food Insecurity in Mr. Pleasant, Michigan Community

Perficient

One of the great things about Perficient is the chance to work with people from all over the world; it’s this diversity of perspectives that lead to our ultimate innovation. Here, you could be working on a client project with people on another continent or sitting in the office next to someone who came from halfway around the world. Our “Think Global, Act Local” approach is represented in our culture, too.

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bobsguide Awards 2020: Winners announced

Bobsguide

It's with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovation required of the fintech community last year, the judges delayed many of the assessments as late as possible. Here, we have.

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MoneyGram expands use of Visa Direct throughout Europe

Payments Source

MoneyGram International is expanding its use of Visa Direct across Europe, allowing its customers to use the company website or mobile app to send money in near-real time to Visa debit card holders in various parts of 25 countries in Europe.

Cards 159
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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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Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. For some organizations, the processes that broke down and the bottlenecks that intensified as a result of the COVID-19 disruption finally lifted the veil on some of the biggest problems in financial workflows — as well as the biggest opportunities to modernize.

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[Podcast] What If Everything Really Is Digital?

Perficient

In an era where everything is considered digital, what really makes something digital? In Season 1, Episode 1 of the What If? So What? podcast , hosts Jim Hertzeld and Kim Williams-Czopek share their research on what makes something digital or not. They discuss examples of things that are definitely digital and some that aren’t quite the same – like whether or not bowling is a sport.

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2021 Municipal Bond Market Outlook

SWBC's LenderHub

While 2020 started out as a difficult year for Municipal Bonds, those investors that were nimble and not ruled by fear, ended up having a good—if not a great—year. The spike in Municipal Yields during the first quarter ended up being a significant buying opportunity for individual bonds and structured products.

Marketing 148
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France to shut almost 40% of cash-handling centers

Payments Source

The Bank of France will shut down more than a third of its cash handling centers by the end of 2022 as the Covid-19 pandemic accelerates a decline in the use of notes and coins.

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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