Perficient

OCTOBER 13, 2020

This stifles opportunities at innovation and constrains businesses to continue operating as they were at time of installation, and not instead evolving as their internal processes need to change. Users of these applications – agents, in traditional parlance – need to personalize interactions where possible, which requires context.

Technology 340

Technology Customer Experience Software Resources 340

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Nacha is rolling out a new resource center designed to help corporates embrace the ACH Network. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

Innovation 220

Innovation Payments blockchain Resources 220

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

Innovation 147

Innovation ATM Software Policies 147

Independent Banker

AUGUST 31, 2022

Against this backdrop, agtech—the application of technology to every aspect of the food production process, from farm to table—is growing in importance to the mission of ICBA and community banks. Innovations like these, applied to the farming industry, can accelerate the lending process for farmers, saving them time and money.

Innovation 144

Innovation Community Bank Community Lending 144

PYMNTS

MAY 9, 2019

In today’s digital economy, with shopping as easy as the tap of a finger on a smartphone screen, brick-and-mortar retail businesses have no choice but to innovate to keep and grow their clientele. At the same time, many consumer services firms recognize the value that specific technological applications can bring to their operations.

Innovation 197

Innovation Retail Survey Technology 197

PYMNTS

DECEMBER 9, 2020

“There’s a huge opportunity [in B2B payments] for businesses that have traditionally focused on the consumer,” David Disque , president of Corporate Spending Innovations (CSI), said in an interview with Karen Webster. The industry is moving in the right direction, and the tools and resources are there to make it happen.”.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

DECEMBER 2, 2020

Mark Aquilina , senior vice president of product and strategy at WEX , told PYMNTS that’s partly because digitization of accounts receivable (AR) lags behind that of accounts payable (AP) on the technological front. Companies are learning how to be more efficient, do more with less, do more with technology,” he said. “I

Innovation 199

Innovation Payments Cards Fintech 199

PYMNTS

JULY 14, 2020

Given these trends, there is a strong case to be made for our customers to increase investment in product development in order to continue offering innovative products that are successful despite the recent upheaval. The pandemic has highlighted the importance of product and business model innovation. This, too, is likely here to stay.

Innovation 337

Innovation Online User Experience Resources 337

PYMNTS

SEPTEMBER 7, 2018

Developers, Johnson told Webster, are precious resources because they are scarce. That means whatever a business’ core function is, it isn’t developing or innovating around it. Business[es], particularly smaller ones when they are growing, need to invest in core innovation,” Johnson said. Getting Liberated From Legacy Systems.

Resources 154

Resources System Community Innovation 154

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. That’s especially true as millennials come up through the ranks, and are both comfortable and confident in using technology.

Innovation 215

Innovation Millennials Technology Examples 215

PYMNTS

SEPTEMBER 23, 2019

Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. These digital products must run reliably, securely and fast — and this requires a solid technological foundation. Core-enabled: FIs that consider only their core systems to be effective. •

Innovation 118

Innovation Report System Resources 118

Bank Innovation

OCTOBER 21, 2016

BNY Mellon has made a lot of noise about blockchain technology in recent months and that continued in a discussion of the bank’s innovation agenda yesterday. Reporting the bank’s third-quarter earnings, CEO Gerald Hassell outlines a shift in resources from real estate to digital.

blockchain 150

blockchain Innovation Resources Technology 150

Abrigo

SEPTEMBER 24, 2024

The Financial Crimes Enforcement Network (FinCEN) recently released proposed legislation that encourages innovation within AML/CFT programs, advocating for the integration of advanced technologies while maintaining compliance through human supervision​. Investigative expertise is critical.

Software 195

Software Management Compliance Resources 195

Independent Banker

APRIL 30, 2022

Community bankers are embracing innovation like never before—with impressive results. But with so much emphasis placed on customer-facing products and technologies, innovating back-office operations can fall to the bottom of the priority list. Partner with a bank-enabling technology service provider.

Innovation 91

Innovation Community Bank New York City Community 91

PYMNTS

MAY 23, 2019

When it comes to innovation, go to the source. has joined the ranks of companies and brands setting up innovation labs. QSR Innovation. The PepsiCo innovation effort comes at a time of significant technology development in the world of restaurants, including quick service restaurants (QSRs).

Innovation 148

Innovation Retail Operations Technology 148

PYMNTS

NOVEMBER 5, 2019

Merchant acquiring and payments firm Priority Technology has teamed with Company.com to provide access to its full stack of technology, services and payments solutions to Priority Technology’s clients. Company.com was launched in 2008 to offer businesses a one-stop solution to find trustworthy, vetted resources.

Technology 109

Technology Payments Resources Meeting 109

PYMNTS

MARCH 4, 2020

Such large-scale issues require quickly mobilizing resources to address customers’ needs and using the right in-house systems to monitor which employees are responding, track project and travel costs and simplify expense reporting as much as possible. This is why Paul Davis is turning to new technology, Floyd said.

Management 141

Management Technology Analytics Resources 141

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Mobile 198

Mobile Technology social media Customer Experience 198

Perficient

MARCH 1, 2021

Welcoming Women to the World of Technology. My advice to you is to be curious, be intentional, and be resourceful. READ MORE: Perficient’s Women in Technology. BONUS: What Perficient Leadership Says About Driving STEM Education and Career Opportunities. Ask a lot of questions and really dig into the material.

Detroit 520

Detroit Training Community Metro 520

Abrigo

JULY 9, 2024

Takeaway 1 FinCEN’s proposed new AML/CFT program rule is intended to redirect AML/CFT programs to focus on the highest-risk areas, using innovative techniques and a goal-oriented approach. The financial services industry consistently implements new technologies and payment methods to serve its customers better and remain competitive.

Compliance 221

Compliance Fraud Regulation National 221

PYMNTS

MARCH 3, 2017

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. As Indianapolis is just a half-hour drive away, tech business professionals have a variety of resources at their fingertips.

Indiana 100

Indiana Indianapolis Innovation Technology 100

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. And many retailers are heeding the call: According to the PYMNTS Retail Innovation Readiness Index , 60 percent of health and beauty merchants are focusing on innovation. About the same share — or 60.9

Innovation 166

Innovation Retail social media Apple 166

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

Technology 121

Technology Regional Community Bank Community 121

Perficient

NOVEMBER 8, 2024

Federal Reserve The largest of the federal banking agencies, the Federal Reserve has four regional federal reserve banks (Atlanta, Boston, New York and San Francisco) set up offices to study financial innovation with AI. These controls include the ability to terminate instances of non-compliant AI on Board IT resources.

Regulation 221

Regulation Risk Management Policies Compliance 221

PYMNTS

DECEMBER 5, 2019

Blockchain lending firm Figure Technologies announced that it has closed a $103 million series C funding round led by Morgan Creek Digital. MUFG Innovation Partners Co., and abroad.”. “One One of our core investment theses is that every stock, bond, currency and commodity will eventually be digitized,” said Pompliano.

Lending 130

Lending blockchain Technology Resources 130

PYMNTS

OCTOBER 19, 2020

Sixty-one percent of treasury professionals in a recent survey said that the time involved in finding out why payments failed had been a drain on company resources. New cloud-based technologies have shown much promise in securing cross-border payments and making them faster and more transparent.

Technology 193

Technology Payments Security Survey 193

PYMNTS

JANUARY 28, 2020

CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. Though cloud computing still has its teething issues, CUs are exploring a middle ground between public and private cloud servers to determine the best way to harness this technology. million in 2019.

Innovation 155

Innovation St. Louis Fraud United States 155

Perficient

AUGUST 4, 2024

In today’s rapidly evolving digital landscape, financial services organizations are increasingly relying on cutting-edge technologies to stay competitive and deliver exceptional services to their clients. Regulatory Reporting and Compliance Automation Compliance reporting is often a resource-intensive process.

Industry 467

Industry Compliance Examples Risk Management 467

PYMNTS

FEBRUARY 19, 2019

Those who work in and around high tech and innovation are lulled into a narrative about progress being on a march ever forward, rarely slowing, never stopping and certainly never turning around and marching in the wrong direction. . Once one gets outside of the top 25 banks in the U.S., The Soft Middle in Financial Services.

Innovation 160

Innovation Fintech Marketing Study 160

PYMNTS

MAY 31, 2018

According to recent research from PYMNTS, the industry’s innovation pacesetters are those who devote the most time to developing new features, products and services. They are also the FIs that allocate the majority of their budget and other resources to testing those innovations. So what’s an FI to do? Enter the sandbox test.

Innovation 116

Innovation Data Innovation Strategies Community Bank 116

PYMNTS

APRIL 7, 2020

But the numbers tell a tale, and recent stats in the March 2020 Credit Union Innovation Index show the need for CUs to step up their efforts to innovate. CUs need to move beyond payments, said Fagan, and embrace what he termed a “full-scale, full-service approach to innovation.” percent to a recent 21.9 Keeping Score.

Innovation 142

Innovation Digital Banking Resources Apple 142

Perficient

FEBRUARY 18, 2021

A COE as a typically small group of individuals who drive improvement that meets the goals of a business, often with the adoption of new technology. This includes implementing rules and standards to establish governance in the usage of the new technology, with a goal of consistency across the business. Learn More.

Tools 531

Tools Innovation Resources Operations 531

Perficient

MARCH 16, 2023

At Perficient, having the experience of delivering over 40 successful client remediation projects over the last 10+ years, we believe clients can obtain significantly more value across the client remediation action plan by: Front loading time-consuming tasks through dedicated sub-teams, rather than executing them sequentially in the process.

Analysis 275

Analysis Resources How To Regulation 275

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. Cognizant Technology Solutions, an IT solutions company, recently revealed it was targeted in a ransomware attack in April, and it’s the firm’s corporate credit cards that suffered the bulk of the impact.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

DECEMBER 2, 2019

Shifting employee landscapes, changes in workers’ demands over how and when they get paid, and technological innovation have combined to open the floodgates for payroll FinTech. A Higher Technological Standard. “Technology and apps are the way forward.” “Technology and apps are the way forward.”

Innovation 186

Innovation Data Payments Groups 186

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142