Sat.Dec 05, 2020 - Fri.Dec 11, 2020

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A Future-Ready Approach: Building “Living Systems” for Banks

Accenture

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. We know digitally mature banks comprehensively outperform their peers, and that’s reason enough for those lagging on the digital curve to start transforming themselves.

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How to Connect with Your Best Customers in a Socially Distant World

Jack Henry

A lot has changed since the confetti was cleaned off the streets when we entered 2020. There are real world health concerns, economic uncertainty, and fundamental changes associated with how we work, play and connect with others. We have also been introduced to a series of new terms including COVID-19, social distancing, global pandemic, and super-spreaders.

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Perficient Listed in Forrester Now Tech: Commerce Services, Q4 2020 Report

Perficient

Partnering with a commerce solution provider that can transform B2B and B2C digital omnichannel experiences is paramount in today’s digital world. Businesses need a full suite of expertise and assets to compete and provide seamless commerce experiences that delight consumers. Forrester canvased 35 commerce service providers to help shape the shortlists of digital decision-makers and channel strategy professionals.

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Fintech women of distinction

Payments Dive

NYC Fintech Women announced its second annual, 50 Inspiring Fintech Females awards. There were more than 400 nominations for recognition in five different categories. Mobile Payments Today interviewed a few of the winners to get their reaction to being selected and get their advice for women in the industry moving forward.

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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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Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

PYMNTS

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. The theory most famously put forth by the Washington Post’s Catherine Rampell is that millennials were scared by the mortgage market meltdown that triggered the Great Recession in 2008, preferred to live in cities and were unwilling to tie themselves to a single location the way previous generations had

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Fighting Truth and Mythology: Educating Black Patients About COVID-19

Perficient

by Chandra Craven. I grew up in the healthcare world watching my mother, a Black nurse for more than 50 years, as she worked in hospitals, nursing homes and other healthcare settings. Now, at 73, my mother works in an assisted living community close to patients at high risk for contracting COVID-19. Once a week, my mother undergoes a COVID-19 test, and every time, the fear that my mom will become infected grows within me.

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Where the rubber meets the road: digital payments and the trucking industry

Payments Dive

The trucking industry was content with its payment processing for years until the pandemic hit. Mobile Payments Today interviewed Justin King, Senior Vice President, product and innovation for Comdata on how the industry has moved forward with digital payments.

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Visa Says Frictionless B2B Payments Are The Future; Rails Must Adapt To New Use Cases

PYMNTS

In payments, speed is everything. So, it’s no surprise that in a fireside chat with PYMNTS Karen Webster, Visa ’s Alan Koenigsberg , global head of new payment flows at Visa Business Solutions; and Tim Summers , vice president of Visa Direct global segments and market development, said B2B payments between buyers and suppliers are poised to pick up speed as they travel round the globe.

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Gamechanger: Understanding Central Bank Digital Currency

Accenture

As the world increasingly digitalises, industries around the globe are integrating new and innovative technologies and digital products to capitalise on the transformation. In Finance, one of the key developments is the possible introduction of central bank digital currencies (CBDCs) to offer more diversified formats of central bank money. CBDC is set to have profound….

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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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Set Up Your Salesforce DX Environment

Perficient

The Salesforce Developer Experience (DX) is a set of tools that streamlines the entire development lifecycle. It improves team development and collaboration, facilitates automated testing and continuous integration, and makes the release cycle more efficient and agile. In this blog, we are going to see why and how to set up a Salesforce Environment on a local machine and learn to use it.

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The 2020 Banker’s Gift Guide For You And Your Clients

South State Correspondent

Now that Thanksgiving is behind us we can turn our attention to the holidays. That means our annual gift guide for bankers. We do this as we not only have a good time putting this together, but it is one of the pieces of content that we produce that drives heavy traffic.

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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

In what’s beginning to feel like something of a trend in recent years, the payments landscape has seen its latest big global consolidation. Italian payments processor Nexi SpA recently announced plans to purchase private equity-owned rival Nets A/S, creating Europe’s biggest payments firm by volume. It’s just the latest in a series of mega-mergers seen throughout the industry.

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Global trade’s new normal and what it means for banks

Accenture

In this blog and the next, I’ll look at the shifts happening within trade and supply chain finance due to market forces and COVID-19, and outline how banks should respond. Our recent publication on global trade noted that the two decades prior to COVID-19 were characterised by a stable global trade landscape which saw only…. The post Global trade’s new normal and what it means for banks appeared first on Accenture Banking Blog.

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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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AEM Customization: Show Unpublished Reference Alert for Content Path

Perficient

Have you ever noticed that while authoring an AEM component, the component dialog box does not provide any hints or alerts for if the selected content path is published or not? This is a confusing scenario for AEM authors, especially when setting or choosing the content path in the component dialog for pathfield and xffield resourceTypes. I recently encountered the same scenario with one of our clients.

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Open Banking can turn into Beyond Banking, predicts Commerzbank

Bobsguide

The success of Open Banking depends critically on a mutually beneficial cooperation between traditional institutions and fintech to the benefit of clients, predicts an in-depth paper from Commerzbank, Germany’s market leader in corporate banking. Citing several examples of productive.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

When Home Depot announced last month its plans to acquire HD Supply Holdings , it wasn’t just a sign of expansion for the home improvement retailer. The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

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The many ways Visa expanded push payments in 2020

Payments Source

Michael Moeser, senior analyst at PaymentsSource, talks to Cecilia Frew, senior vice president of Visa Direct at Visa, about the demands driving digital payments throughout the year.

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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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YouTube Continues to Dominate the Video Results in Google

Perficient

This is the second time we’ve done a study on video rankings in Google and YouTube (see the first study here ). This post covers: How YouTube videos dominate the top videos in Google’s results. The difference between YouTube’s and Google’s algorithms for ranking videos. An analysis of how the two algorithms differ. A short and concise YouTube Video Optimization Checklist.

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No-deal Brexit a â??nightmareâ?? for fintechs

Bobsguide

A no-deal Brexit or a failure to produce close regulatory alignment in the financial services sector will be an “absolute nightmare” for fintechs, according to James Lynn, co-founder at London-based fintech, Currensea. Lynn says that a no-deal scenario, alongside no equivalence.

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CVS, Walmart To Provide COVID Vaccinations

PYMNTS

Major U.S. retailers CVS and Walmart are readying to begin distributing COVID-19 vaccines, according to published reports. CNBC reported that CVS is ready to begin doling out the vaccines to the most vulnerable populations within 24 to 48 hours of receiving them. CVS CEO Larry Merlo said per CNBC that CVS has 10,000 healthcare professionals ready to administer the vaccines in nursing homes and assisted living centers.

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Virtual B2B cards emphasize digital distribution as lockdowns continue

Payments Source

Banks trudging along slowly with digital advancements are getting a push from virtual card technology providers touting the concept of mass distribution for commercial card issuers.

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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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Perficient Colleagues Come Together to “Make a December Difference”

Perficient

Perficient’s Pay it Forward Kindness Campaign. Last month, we announced our “Make a December Difference” kindness campaign, which allows our colleagues to pay it forward. The response has warmed hearts and inspired acts of giving all around the world. LEARN MORE: What is “Make a December Difference”? In less than a week, our colleagues have given time, talent, and treasure to support the needs of a variety of causes: First Responders.

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Salesforce catching up with Slack deal

Bobsguide

Salesforce’s decision to acquire Slack for $27.7bn can be read as an attempt to try to gain ground on competitors, according to Graham Norton-Standen, executive chairman at High Impact Office, a tech consultancy. “Salesforce has sat back on its laurels, just as it did with classic for.

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Twitter Buys Screen-Sharing Video Chat Startup Squad

PYMNTS

Twitter has acquired Squad, a Silicon Valley startup that gives people the ability to hang out virtually with friends on other apps, Squad announced in a blog post and Twitter tweeted on Friday (Dec. 11). Squad will help Twitter “bring new ways for people to interact, express themselves, and join in the public conversation,” Twitter Vice President of Product Ilya Brown said in a tweet. .

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Under threat from digital challengers, Middle East banks revamp processing platforms

Payments Source

Cash is fading in the Middle East, and traditional banks are turning to fintechs to expedite upgrades before challenger banks and digital wallets seize the advantage.

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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