Perficient

MARCH 17, 2025

The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. Additionally, the emergence of embedded finance and an increased focus on regulatory compliance are compelling financial institutions to continuously adapt and innovate.

Trends 221

Trends Analytics Compliance Strategy 221

Chris Skinner

JULY 19, 2017

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. Using the application simplifies trade finance for SMEs as the DTC links all parties – buyer, seller and the … The post Five financial innovations you may have missed appeared first on Chris Skinner's blog.

Innovation 298

Innovation Capital Conference Customer Experience 298

Chris Skinner

APRIL 6, 2018

I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.

Technology 281

Technology Company America Examples 281

Perficient

OCTOBER 15, 2024

A recent study from IDC suggests that by 2026, 70% of financial institutions will have formalized data governance frameworks in place. Data governance tools are not just for keeping regulators happy, but they also give financial institutions the confidence to innovate, knowing that they’ve got their data house in order.

Tools 221

Tools Data Compliance Regulation 221

Abrigo

OCTOBER 22, 2024

Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch. But here’s where it gets interesting: as threats evolve, so too does the technology used to fight them. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back.

Security 221

Security Fraud Community National 221

PYMNTS

FEBRUARY 4, 2019

Artificial intelligence has started — slowly — to make its presence felt in payments and commerce, including in fraud prevention, via early deployments of the technology and cutting-edge AI algorithms. The race to get ahead on the technology is now gaining clarity as well. The 158-page WIPO study found that U.S.-based

Innovation 194

Innovation Study Fraud Technology 194

Perficient

OCTOBER 24, 2024

In his speech, Hsu emphasized that the rapid adoption of technology during periods of change, without corresponding adjustment in controls, allows risks to grow undetected until they culminate in financial crises. The evolution of electronic trading provides a valuable case study to consider. Traditionally, trading was manual.

Regulation 221

Regulation Risk Management Compliance Fraud 221

PYMNTS

SEPTEMBER 28, 2020

Despite an order from the European Union ’s antitrust watchdog to curb its anticompetitive practices, Google continues to boost its market power, according to Reuters , which cited a study released Monday (Sept. In response, Google said the figures in the study ignore the facts. billion euros ($2.8 billion) for the offense. 3 election.

Google 192

Google Study Marketing Comparison 192

Bank Innovation

APRIL 23, 2019

Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be a “significant threat” by 2022, according to a new study by Harvard Business Review.

Study 225

Study Fintech Survey Technology 225

PYMNTS

DECEMBER 22, 2020

Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. One study predicted that virtual or contactless card payments will grow to $4.8 trillion reported in 2019.

Innovation 237

Innovation Cards Payments Study 237

Accenture: Banking

SEPTEMBER 20, 2024

The advantages of cloud technologies are widely recognized, offering enhanced productivity, agility, resilience, and innovation. Despite these benefits, the Financial Services industry lags behind other sectors in adopting cloud technology.

Strategy 250

Strategy Study Innovation Technology 250

PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. seconds on average through EMV 3DS.

Technology 248

Technology User Experience Fraud Comparison 248

PYMNTS

JANUARY 27, 2021

Banks’ use of such innovations is predicted to expand, too, with 60 percent of FIs saying they aim to gain customers and improve customer experiences using digital channels. A recent study found that stolen identities were the top fraud source for FIs that experienced account-opening fraud over the past year, at 55 percent.

Security 213

Security Innovation Fraud Study 213

PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Digital Technologies Under COVID-19. British FI Nationwide U.K. Several U.K.

Technology 248

Technology ATM Video Tools 248

PYMNTS

JANUARY 22, 2020

Research from Harvard’s Joint Center for Housing Studies shows that at the end of this decade, households headed by 80-year-olds and older will make up more than one-in-10 U.S. By 2030, the Census estimates there will be 78 million Americans over the age of 65 – that means one in every five residents of the U.S. households.

Innovation 219

Innovation Technology Groups Study 219

Bank Innovation

MAY 3, 2017

conducted by digital marketing technology company Netsertive. Facebook is the key to online traffic—but most small businesses run to the social media king to drive in-store traffic, too. More than 40% of SMBs will turn to Facebook for a boost in in-store traffic, according to a survey of 250 SMBs across the U.S., For banks and […].

social media 239

social media Study Survey Online 239

Perficient

APRIL 24, 2024

Innovation & Product Development: Leveraging cloud solutions, we enhanced spreadsheet capabilities, boosting productivity. By leveraging our expertise and innovative solutions, we uncovered hidden opportunities, driving sustained growth for our clients.

Strategy 440

Strategy Data Analysis Operations 440

Perficient

MARCH 23, 2021

These innovations could influence how clinical trials are run in the future and enable steps towards the elusive single source of truth across clinical and safety. In particular, it will be interesting to hear more about the ways that new technology is expediting study start-up and build processes.

Customer Experience 309

Customer Experience Analytics Study Meeting 309

Bank Innovation

JANUARY 25, 2018

adults are already comfortable interacting with retailers, banks, and other companies using natural language technology, according to a study released by Mastercard today. The study, conducted by Mastercard and Mercator with 3,000 U.S. EXCLUSIVE—Two out of three U.S.

Study 271

Study Retail Technology Company 271

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

PYMNTS

SEPTEMBER 3, 2019

Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Sometimes those innovations disrupted old models and players; other times they made them better and more efficient. The Invisible Innovators .

Innovation 223

Innovation Payments Branding Cards 223

Bank Innovation

DECEMBER 13, 2019

North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.

Study 284

Study Regional Groups Technology 284

Perficient

SEPTEMBER 15, 2020

Consumers expect technology to work intuitively, regardless of its underlying complexity. Savvy healthcare innovators leverage the power of consumerization by first observing what works in domains outside of their own, and then adapting those successes to address their own challenges. Here are five tips. Tip 1: Mine Your Inspiration.

User Experience 427

User Experience Innovation Branding Customer Experience 427

Bank Innovation

JUNE 8, 2017

The majority of “connected” consumers, nearly 80%, cited their bank as the “most trusted” provider for a digital payment solution, a study by PYMNTs on behalf of Visa found. Consumers, who cited technology companies as […].

Company 303

Company Payments Study Technology 303

Bank Innovation

MAY 18, 2017

Just about 33%–or a third—of organizations are “actively engaged with” (or at least considering) blockchain technologies, according to the study on blockchain exploration released today by IBM.

blockchain 255

blockchain Study Technology Report 255

Perficient

AUGUST 28, 2020

C-Level @ A Mile High is an annual event, hosted by the Colorado Technology Association (CTA), where C-levels from many of Colorado’s largest technology companies donate their time to support charities and advocacy groups aimed at including more female and under-represented minority students for computer science-related studies and careers.

Denver 332

Denver Colorado Study Meeting 332

Bank Innovation

MAY 26, 2017

That’s according to a study by Infosys released this week. A majority of enterprises in financial services are undergoing a full-cycle digital transformation, with AI-led projects in the spotlight.

Study 393

Study Report Company Technology 393

Perficient

FEBRUARY 22, 2021

In total, our 19 analyst report inclusions recognized Perficient for a wide range of expertise from commerce experience services to computer vision consulting, and intelligent data insights to automation tools and technologies. Analyst Recognition in 2020. Inclusion in top reports is not a given. We launched Get Supply Chain Right!

Report 309

Report Study Leadership Industry 309

Bank Innovation

MARCH 6, 2018

Data analytics is the most common digital technology currently being used by banks, a new report by consultancy Infosys, released yesterday, stated. But how are banks really making use of the technology?

Analytics 270

Analytics Data Report Study 270

South State Correspondent

NOVEMBER 9, 2023

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

Trends 195

Trends Technology Fraud Data 195

PYMNTS

OCTOBER 19, 2020

New cloud-based technologies have shown much promise in securing cross-border payments and making them faster and more transparent. Integrating the SWIFT network is often a financial and logistical challenge for banks, which must have the networking technology located at their branches.

Technology 193

Technology Payments Security Survey 193

PYMNTS

MAY 19, 2020

Voice assistant technology already had an audience even before the coronavirus outbreak gave it a big boost, as it has now radically reshaped consumer habits and preferences on a global scale. Other common uses included making phone calls, managing schedules and running a person’s smart home technology. Chatting More Often With AI.

Technology 205

Technology Millennials Retail Report 205

PYMNTS

OCTOBER 28, 2020

In the November edition of The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including new investments in payments automation, FIs’ perennial competitive struggles with FinTechs and how cloud technology can level the payments playing field. billion by 2025, up from $74.4

Payments 219

Payments Compliance Fintech Innovation 219

Perficient

MAY 31, 2023

Open source is not restricted by licensing agreements, and the user behind open-source software is not forbidden to change, edit, study, or redistribute manipulated versions of it. The freedom to study how the program works and change it so it does your computing as you wish. Access to the source code is a precondition for this.

Software 251

Software Study User Experience Innovation 251

Abrigo

OCTOBER 30, 2024

Increasing efficiency of compliant AML investigations To boost AML program productivity and keep pace with evolving compliance demands, financial institutions should focus on strategic operational improvements paired with the smart use of technology. See tailored AML/CFT solutions that can improve your compliance.

Compliance 221

Compliance Training System Management 221

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office.

Management 268

Management Cards Company Innovation 268

PYMNTS

MAY 20, 2020

The upgrade and innovation centered around its flagship Tmall Genie smart speaker will use proprietary technologies that combine AI and the Internet of Things (IoT). The second edition of the Visa/PYMNTS How We Will Pay study showed that voice-enabled devices were slated to become the consumer’s connected commerce command center. .

Kentucky 253

Kentucky Study Conference Innovation 253