Perficient

DECEMBER 14, 2020

The COVID-19 pandemic has challenged the economic and labor markets, impacting all businesses regardless of their size. The Public Cloud Market Will Surge. For example, software-as-a-service (SaaS) enables applications to run on the provider’s servers over the internet, and it will likely remain the largest segment of the cloud market.

Technology 348

Technology Trends Software Resources 348

Independent Banker

FEBRUARY 28, 2023

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

Community Bank 129

Community Bank Community Marketing Data 129

PYMNTS

JANUARY 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In a nutshell: If banks don’t innovate in a way that is imaginative and proactive, they will lose customers. Launching Into New Markets.

Management 303

Management User Experience Innovation Fintech 303

PYMNTS

DECEMBER 4, 2020

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Although the antitrust regulator didn’t mention Apple by name, it said in a press release on Friday (Dec. A violation could result in a fine or some other penalty.

Apple 159

Apple Payments Software Regulation 159

PYMNTS

APRIL 16, 2020

COVID-19, the panel universally agreed, for all the havoc it has wrought, may end up being the catalyst for innovation that the CU entire industry needed to really begin its next evolution in delivering on its members expectations. Innovating On A Dime. But the groundwork was there. As of today, we’ve gone to 85 percent at home.

Innovation 141

Innovation Meeting Industry Tools 141

CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

National 103

National Regulation Innovation Technology 103

Insights on Business

FEBRUARY 23, 2019

Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. based financial services C-level executives, will focus on the transformational leader who is innovating at enterprise scale. Explore IBM Banking and Financial Markets Solutions.

Innovation 125

Innovation New York City Training Case Study 125

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation.

Management 195

Management Lending Risk Management Strategy 195

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done? JB: Innovation often means taking a risk.

Innovation 145

Innovation System Mobile Trends 145

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Akber Jaffer, EVP, Treasury and Capital Markets Business Unit at Finastra said, “As the deadline for UMR approaches, the need for new and complex calculation methods for initial margin calculation is more important than ever.

Compliance 60

Compliance Management Regulation Software 60

PYMNTS

NOVEMBER 10, 2020

Those are the kind of numbers that explain why Zest received a $15 million investment last week from software developer Insight Partners. De Vere said part of the proceeds will fund a technology push to further develop software and make it more broadly available. And as a bonus, the software can remove any bias in lending.

Lending 345

Lending Software Compliance System 345

PYMNTS

NOVEMBER 18, 2016

As more stakeholders and players join the fold, there’s a ripe opportunity to find innovative ideas in unlikely places. PYMNTS: How would you define your company’s approach to innovation? PYMNTS: Where do you look for innovative ideas, and why? PYMNTS: What is the most innovative thing you’ve ever done?

Innovation 100

Innovation Payments Software Trends 100

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?”

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

OCTOBER 17, 2017

The cross-border payments space presents a whole host of challenges for FinTech innovators to try to solve, with new solutions targeting everything from global eCommerce to international tuition payments. The October 2017 X-Border Receivables Report , released last week, outlines just how vast the cross-border payments market is today.

Innovation 104

Innovation Payments Fintech Survey 104

Insights on Business

JULY 31, 2018

IBM RegTech Innovations. IBM recently announced its acquisition of Armanta , a provider of aggregation and analytics software to financial services firms. We caught up with Peter Chirlian, CEO of Armanta, an IBM Company, to tell us more about Armanta’s innovative approach to aggregation and risk analytics.

Innovation 133

Innovation Analysis Analytics Risk Management 133

Abrigo

DECEMBER 17, 2021

Learn top best practices for leading a successful software implementation. Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . Build a culture of innovation. DOWNLOAD WHITEPAPER . Start at the Top. Digital Banking Report.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. Especially when your talking innovations in payments. So, how did Day 2 end up?

Innovation 100

Innovation Security Industry blockchain 100

PYMNTS

OCTOBER 11, 2020

Paynetics is a regulated e-money institution, licensed across the European Union and a principal member of Mastercard, Visa, SWIFT, and SEPA,” the FinTech states in the announcement. We’re operating within the most sophisticated financial services market in the world, and we’re proud to bring something different to the table.”.

Operations 264

Operations Cards Software Technology 264

PYMNTS

NOVEMBER 16, 2020

An initial probe determined that a software defect in a specific device was what caused the incident, the release stated. The Eurosystem is dedicated to helping identify lessons from incidents with "full transparency," the release stated, with the goal being "highly efficient and reliable financial market infrastructures to European agents.".

System 217

System Payments Operations Software 217

PYMNTS

JUNE 4, 2018

When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign but important request,” which was finding a way to switch from pre-printed check stock to blank check stock. That adds up.

Software 101

Software Payments Data System 101

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release. “We are excited to announce our collaboration with Oracle today.

Compliance 164

Compliance Software Risk Management Management 164

PYMNTS

OCTOBER 9, 2019

Competition and Markets Authority (CMA) is raising new concerns about Bottomline Technologies’ acquisition of Experian Payments Gateway (EPG), warning in a press release that the takeover may amount to rising prices. 14 to propose remedies to these concerns, the regulator said. Bottomline now has until Oct. million deal.

Software 122

Software Regulation Payments Marketing 122

Abrigo

APRIL 28, 2020

Abrigo recently introduced five new scenarios to BAM+, their industry-leading AML software, that utilize artificial intelligence (AI) and machine learning (ML) to help BSA departments catch more suspicious activity. AI shouldn’t be secret or proprietary information, especially with BSA software. BSA Software. BSA Software.

Software 195

Software System Regulation Industry 195

PYMNTS

JANUARY 22, 2020

With the new IBM Policy Lab, IBM is looking to regulate artificial intelligence (AI) development in a way that is safe, but does not infringe upon the creation of new technology, reports said. The company wants to take a two-pronged approach: harnessing innovation while ensuring that people can trust what is going on.

Policies 131

Policies Risk Management Regulation Innovation 131

PYMNTS

DECEMBER 12, 2019

They must also take a more balanced approach to growth, sidestepping the payments innovation mistakes that established players have already made, according to Colin Gardiner, chief revenue officer for shared RV marketplace Outdoorsy. “We Fraud, Payment Regulations Are Affecting Seamless Payments. Outdoorsy is available in the U.S.

Payments 137

Payments Fraud Regulation Innovation 137

PYMNTS

AUGUST 3, 2018

These legislative initiatives are why Latin America, a market not necessarily known for its FinTech innovation, has one of the strongest penetrations of eInvoicing in the world. When companies go-it-alone, King said, they can quickly be overwhelmed with managing individual systems for each individual market. While the U.S.

Regulation 101

Regulation Data America Payments 101

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The fraud-fighting infrastructure uses an innovative scoring engine to analyze risks in real time for all payments.

Payments 165

Payments Compliance Fraud User Experience 165

Cisco

NOVEMBER 15, 2022

It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. Before open banking, financial institutions would hold on to its customers data, so it was difficult for new, innovative financial services providers to break into the market since they couldn’t access the data.

Innovation 160

Innovation Security Data Innovation Strategies 160

Abrigo

FEBRUARY 25, 2022

Takeaway 3 Keep an eye on updates to changing markets, including cannabis and antiquit ies trading . Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As What to Watch.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

MARCH 7, 2022

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 1 Regulators have increased their focus on BSA in the first quarter of 2022, and the crisis in Ukraine will put OFAC in the spotlight.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

DECEMBER 21, 2020

We're seeing it gain momentum in the restaurant space with Compeat, a restaurant management software company, and in the hospitality market with BirchStreet Systems, a procure-to-pay software for hotels, casinos and clubs.”. One of the best things about B2B payments is it can work across verticals.

Capital 199

Capital Payments Software Fintech 199

Abrigo

MARCH 2, 2023

You might also like this whitepaper, "Best practices for purchasing bank or credit union software" DOWNLOAD Takeaway 1 As Southwest Airlines learned, technology shortcomings create enormous costs in the short-term and in the future. A buyer’s guide for lending software for smaller financial institutions can be helpful.

Technology 195

Technology Lending Community Software 195

PYMNTS

MAY 16, 2019

At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny. With the deadline for Strong Customer Authentication (SCA) fast approaching, merchants and eCommerce platforms need to innovate their customer authentication processes.

social media 161

social media Compliance Innovation Data 161

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 3 NBFIs should review common deficiencies in AML programs that regulators are citing and fix issues before their next audit or exam.

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

OCTOBER 28, 2020

"What I enjoy most is helping our customers thrive in this rapidly changing world and helping them realize their vision in a way that simplifies the adoption of new technology — capabilities that can unleash their innovation in the digital economy," said Craig Muzilla, senior vice president of Red Hat. Thriving in the New Normal.

Technology 182

Technology United States Innovation Video 182

PYMNTS

JULY 22, 2020

The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Brex also announced Katie Biber has been named chief legal officer.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

APRIL 3, 2018

But an increased focus on innovation means the path to understanding what actually constitutes “better” is unclear. According to Salman Mahmood, CEO of enterprise and entrepreneur marketing software company BleuPage , there are a lot of unknowns when it comes to the future of SMB financial services.

blockchain 177

blockchain Tools Regulation Fintech 177