Jack Henry
FEBRUARY 18, 2021
I love a good Lord of the Rings reference. Case in point, it may sound like fantasy, but have you thought how consolidating your multiple loan origination systems (LOSs) could bring all lending functions into fellowship? See, there I go again!
Perficient
FEBRUARY 17, 2021
Previously , I discussed the role of sales enablement in investment management. This blog analyzes how technology and the right team can improve your sales enablement program. For a sales enablement program to be successful at its launch and continue to be effective over time, it has to have the right mix of technology tools, and cross-functional teams.
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Accenture
FEBRUARY 16, 2021
As the calendar turns to another , one of the things I look forward to is putting together my annual Top 10 Banking Trends report. It’s a chance to connect with colleagues and clients and reflect on what the year gone by means for the year ahead in the banking industry and then capture that…. The post Sibos podcast: Top 10 banking trends for 2021 appeared first on Accenture Banking Blog.
Payments Dive
FEBRUARY 15, 2021
Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency. This announcement comes as banks and regulators appear to be warming to digital assets, and as Bitcoin continues to gain value and attention.
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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.
Payments Source
FEBRUARY 19, 2021
Credit card and bank account fraud have soared during the pandemic, with fraudsters intercepting consumer data via retail and banking disruptions and worsening synthetic ID fraud.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
Accenture
FEBRUARY 16, 2021
In 2019, the California-based lender loanDepot made headlines when it managed to offer an end-to-end digital mortgage that closed in just 8 days, more than 80 percent faster than the 45-day industry average.1 Digital solutions enable this kind of agility at scale, but individual and societal risks can also scale in digital systems. For instance,…. The post Financial Services firms turn to data ethics to manage digital risks appeared first on Accenture Banking Blog.
Payments Dive
FEBRUARY 19, 2021
This isn't an ending: it's a whole new beginning.
Payments Source
FEBRUARY 18, 2021
Marqeta reached a $4 billion valuation over the last decade focusing only on prepaid and debit card issuing, and now it’s retooled its digital platform to issue credit cards, too.
Perficient
FEBRUARY 18, 2021
The following is the third in a series of blogs about how a center of excellence can help you unlock the potential of your people and Power Platform. So far in this series, we’ve looked at the maker movement and why Power Platform can enable the makers in your company to make a real difference to your business processes. As we noted in the last blog, the tools Power Platform includes can be crucial to enabling your makers, with Power Apps and Power Automate enabling them to not just build applic
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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.
Accenture
FEBRUARY 15, 2021
COVID-19 has upended so much, from our daily lives (hello, home schooling) to long-held beliefs about how business should work. Historically, workforce and talent strategy has been siloed within the HR function. And the pandemic has amplified a trend that’s been growing for a while: organizations used to find people worthy of working for them—but…. The post What happens when talent strategy has Board oversight?
Bobsguide
FEBRUARY 16, 2021
In recent years, the financial services (FS) industry has gone through transformative changes to embrace digitalisation and keep up with customers’ ever evolving expectations when it comes to the online experience.
Payments Source
FEBRUARY 18, 2021
Rapid changes in payments and regulations have blown open the door to new ideas, creating frontiers for fintech investors. Javier Perez hopes three decades of experience will help him have an early read on startups.
Perficient
FEBRUARY 15, 2021
You have been thinking about moving to the cloud. You might have a workload or application that would be better hosted there, or you might have a new solution you’re looking at that is cloud based. You’re not sure if you want to manage your cloud environment in house, or outsource it to a managed service provider, though. In this blog, we will highlight some of the reasons you might want to outsource to a managed service provider – and perhaps give you some signs that your thoughts are valid and
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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
Banking Exchange
FEBRUARY 17, 2021
Greenwich Associates reports widening gap in digital investment between national and regional banks Community Banking Feature3 Feature Technology Retail Banking Covid19 PPP Customers Tech Management Mobile Online.
Cisco
FEBRUARY 15, 2021
For years, the album that sold the most units was Carole King’s “Tapestry”. Estimates are that this record has sold more than 25 million copies. Rife with well-known songs, an interesting comment made by one of the initial reviewers in 1971 called the song “You’ve Got a Friend” the “core” of and “essence” of the album. It didn’t hurt that James Taylor’s version also became a monster hit.
Payments Source
FEBRUARY 17, 2021
Amex is giving consumers more details about certain purchases with Digital Receipts, starting with big-tech merchants and Square.
Perficient
FEBRUARY 13, 2021
Microsoft Teams has already had some exciting updates in January and Microsoft shows no signs of slowing down! In this article, we’ll highlight some of the major updates coming to Teams over the next few months and discuss some of the potential impacts that this may have on your users and administrators. Major Updates. Teams Pro Service Plan. Starting mid-March 2021 you will see a new Teams service plan added to select M365 and O365 SKUs.
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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.
BankUnderground
FEBRUARY 18, 2021
Kieran Dent, Sinem Hacioglu Hoke and Apostolos Panagiotopoulos. The Great Financial Crisis demonstrated an important feedback loop between banks’ capitalisation and funding costs. As banks’ capitalisation declined, banks’ wholesale creditors responded by demanding higher interest rates to lend to them. In turn, higher funding costs dented banks’ profitability, further weakening their capitalisation.
Bobsguide
FEBRUARY 15, 2021
Wholesale markets have seen a large increase in the number of people executing financial trades on electronic platforms, a rise directly attributed to the pandemic, as well as improved engagement. Those banks that had platforms in place have benefitted considerably, enhancing their collaboration.
Payments Source
FEBRUARY 15, 2021
Retailers are often considered to be key beneficiaries of faster payments, but they may be among the last to reap its benefits in the U.S.
Perficient
FEBRUARY 13, 2021
In my previous posts, I looked at five macro-themes as well as five implications for hospitals and health plans. In this post, I want to focus on virtual health and have enlisted co-author David Allen , Director of Virtual Health Strategy. These predictions are in light of the five themes I see for 2021: Telehealth as a competitive advantage, New insurance markets, More self-service digital triage tools, Mega-mergers of vertically integrated health delivery models, and.
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.
TheGuardian
FEBRUARY 14, 2021
On 15 February 1971, Britain finally moved to a system that made sense to ‘every man who looked at his 10 fingers’ It’s 50 years since the UK’s currency went decimal, ditching tanners, shillings and florins and introducing new coins including the 1p piece. The anniversary of Decimal Day on Monday 15 February 1971 marks when Britain finally moved to a system based on units of 10.
PopularBank
FEBRUARY 19, 2021
With Popular Investments Executive Financial Consultant Roderick Rodriguez. As we look to the year ahead, diversifying wealth management needs and client expectations continue to challenge financial consultants and advisors. Now more than ever, these professionals must drive closer client engagement, goals and experiences with dynamic products and services.
Payments Source
FEBRUARY 14, 2021
Recognize high-achieving women in the pipeline and celebrate diversity across the industry. Nominate a female executive who is age 40 or under for Most Influential Women in Payments: Next.
Perficient
FEBRUARY 18, 2021
The following is the first in a series of blogs about how a center of excellence can help you unlock the potential of your people. Oracle Talent Acquisition Cloud (OTAC), also known as Taleo, has long been considered a global leader in talent solutions. However, for Taleo clients that have implemented Oracle HCM Cloud, there is now a natively built solution Oracle Recruiting Cloud (ORC).
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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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