Perficient

FEBRUARY 27, 2024

Let’s explore the key trends reshaping the insurance landscape and how they are set to redefine the industry’s future. Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights.

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Perficient

FEBRUARY 29, 2024

As institutions adapt, Perficient’s Chief Strategist of financial services and expert, Scott Albahary, has identified six key trends to shape the banking landscape in the year ahead. Automation of tasks not only reduces costs and errors but also liberates resources for higher-value activities, thus streamlining operational efficiency.

Trends 221

Trends Industry Analytics Compliance 221

Independent Banker

JULY 31, 2022

And that means it can be a challenge to keep up with the latest trends in social media marketing. When we share information, we can make the industry better,” says Tim Martinson, one of the group’s founders and the marketing manager at $1 billion-asset North American Banking Company in Roseville, Minn. “We Martinson observes. “We

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Abrigo

MAY 20, 2022

Fraud on Alert for 2022 A review of SAR data , government agenc y releases, a nd fraud findings found these f raud c oncerns and trends to wat ch in 2022. Takeaway 1 An Abrigo review of SAR data, government agency releases, and fraud findings revealed fraud trends to watch for. But as one trend declines, new fraud schemes may arise.

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Trends Fraud Training Survey 195

Abrigo

NOVEMBER 3, 2023

Top 5 CECL best practices and their benefits Now that CECL is implemented, follow these recommendations for ongoing management to provide confidence and be more efficient. WATCH Takeaway 1 How can you ensure ongoing compliance and efficient management of the allowance for credit losses? Some tried and true practices can help.

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Abrigo

SEPTEMBER 30, 2024

DOWNLOAD Takeaway 1 Shared AML case management helps streamline processes, reduce duplication, and improve communication between fraud and AML/CFT teams. Takeaway 3 Modernizing AML/CFT programs with shared case management aligns with FinCEN's emphasis on innovation and streamlining processes.

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Management Fraud Software Compliance 195

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

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Risk Management Management FDIC Meeting 195

Perficient

DECEMBER 16, 2020

Please check out this short 5-minute video to see our Working Capital Analytics application in action: Key Working Capital Metrics and Current Trends. The first two sections of this application address high-level questions related to current Working Capital, and current year trends such as: What is our current Working Capital Balance?

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Abrigo

OCTOBER 9, 2024

In this blog, we explore how banks and credit unions have adapted their approach to Q factors under CECL and share insights from an Abrigo advisory webinar on managing this critical part of the ACL process. For example, "If you're an institution that operates on the coast, you probably have real seasonal risk from weather.

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Risk Management Management Compliance Data 195

Perficient

AUGUST 20, 2020

The advent of COVID-19 has only accelerated that trend, as people spend more and more time online. These may have many components, such as: Organizational Bias: Key members of your management team may have a bias against SEO. Organizational Ignorance: A lack of understanding in the management team may not be your only issue.

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PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

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Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." So how can banks help customers keep up in uncertain markets?

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South State Correspondent

FEBRUARY 22, 2023

Non-Expert Deposit Pricing Management – How To Destroy Bank Franchise Value The best way to quickly destroy value is to peg a deposit product to an index such as SOFR, Prime, Fed Funds, or Treasuries. However, this doesn’t tell the whole story when it comes to deposit management.

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Abrigo

AUGUST 19, 2024

This includes having control over the BSA department’s operations, making necessary adjustments to the Anti-Money Laundering (AML) system, and managing staffing levels. Rubin highlighted that the day-to-day management of the BSA department is a responsibility that falls squarely on the compliance officer.

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PYMNTS

DECEMBER 11, 2020

Smyth said a lot of travel operators have used the downtime to “rip out their legacy systems” and upgrade their digital offerings to make things smoother, safer and more digital going forward. “We We think people will pay for health, safety and the flexibility to easily modify and customize their travel,” he said.

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Perficient

JUNE 25, 2020

Perficient and Episerver partnered with IDC, a leading industry research organization to explore what successful digital experience management looks like in 2020 and beyond. The trends identified align exactly with what we’ve been seeing the marketplace, and we’ll highlight a few here. Be sure to download the paper for the full report!

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PYMNTS

DECEMBER 16, 2020

Clarity would also help issuers and merchants avoid the hundreds of millions of dollars in chargebacks that add to friction in commerce (and additional operating costs, of course). Beyond the consumer-led disputes over charges that are in fact legitimate, there exists a growing trend of account takeover as fraudsters co-opt passwords. “We

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PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

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Perficient

OCTOBER 29, 2024

This year’s event was no exception, showcasing the importance of personalization to the customer, tech-driven relationship management, and AI-driven underwriting processes. The Road Ahead: Transformative Trends As I reflect on ITC and my experience, it is evident the progression of the industry is remarkable.

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Industry Customer Experience Strategy New York 473

PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows. What’s Important To Merchants.

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Perficient

NOVEMBER 20, 2020

The ability to reuse and manipulate a single graphic to fit many situations enables marketing teams to increase their content output exponentially, providing the assets required to both achieve effective personalization at scale and react quickly to evolving market trends and campaign needs. For example, let’s say you sell pickup trucks.

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Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Our data below shows SMB loan originations have followed a similar trend.

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PYMNTS

AUGUST 5, 2020

Agrawal said the company’s digital operations have grown not just in terms of dollar amounts, but also in terms of how many new customers the pandemic has brought in. Management added that WesternUnion.com is currently available in more than 75 countries, with bank account payout in over 100 nations. million ($1.43

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Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

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New York Compliance Regulation Analysis 221

Perficient

OCTOBER 20, 2020

Investing in advanced supply chain automation and intelligent order management (OM) systems will not only improve how your organization fulfills against extreme demand but also serves your consumers more effectively in the end. The Business Impact of Outdated, Manual Systems. More Information and Resources.

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Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

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Compliance New York Regulation Analysis 221

PYMNTS

APRIL 10, 2020

In many realms of businesses, machine learning (ML) and artificial intelligence (AI) have yielded powerful tools to manage such complex matters. Another remarkable trend to emerge from our latest study is the degree to which healthcare organizations are interested in deploying smart agent-based AI to improve their anti-fraud systems.

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Abrigo

NOVEMBER 22, 2024

This article covers these key topics: Benefits of FRAML for risk management Potential drawbacks of the FRAML approach Factors to consider in decision-making What is FRAML? At its core, FRAML is about taking a more holistic approach to financial crime risk management. Staying on top of fraud is a full-time job.

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Fraud Training Risk Management Compliance 195

PYMNTS

FEBRUARY 1, 2021

In a recent conversation with PYMNTS, he discussed how various trends in how employees wish to get paid and how employers manage those payouts are driving more organizations to digitize payroll operations, with payroll data an increasingly valuable asset for CFOs. The Value Of Integration.

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Strategy Taxes Management Trends 247

Independent Banker

OCTOBER 31, 2022

This intricate and evolving web of trends influences who consumers trust and how they prefer to conduct their financial lives. This began with its launch of Personal Finance, a software program that helps customers budget, track spending and manage savings goals. “We Looking even further into the future.

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Banking Trends Retail Trends Community Bank 151

PYMNTS

DECEMBER 14, 2020

The December Subscription Commerce Tracker® explores the latest developments in the SaaS sector, as well as trends in the subscription market, as businesses seek flexible solutions to help them weather the pandemic. For more on these stories and other subscription headlines, read the Tracker’s News and Trends section.

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PYMNTS

NOVEMBER 25, 2020

Consumers’ growing familiarity with P2P apps and the pandemic’s effects on business operations are also rubbing off on companies, prompting many to reexamine the use of real-time payment solutions. For more information on these stories and other real-time payments headlines, read the Tracker’s News and Trends. About The Tracker.

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Report Trends Payments United States 260

PYMNTS

FEBRUARY 18, 2020

Some operations like Chipotle are even rolling out store designs that feature pick-up windows to let order-ahead diners collect their items without having to enter the restaurant. The February Order To Eat Tracker® details the latest trends in delivery as well as new digital approaches that QSRs are taking to appeal to modern consumers.

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Millennials Trends Strategy United States 232

Perficient

MAY 15, 2023

market trend data, economic data, etc.) Want to learn more about financial services industry-specific considerations for improving operational efficiency through data optimization? to more accurately perform “bigger picture” predictive analysis. Risk & Fraud Prevention. The one-day conference is on May 16 at etc.

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Data Conference New York City New York 275

Bank Innovation

MAY 31, 2017

Examples include crowdfunding for start-up capital instead of traditional collateralised lending products, P2P funding for working capital requirements, new payments services instead of merchant accounts, FX start-ups providing currency solutions and soon a spate of new SaaS based insurance, operations and analytics services via PSD2.

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PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. But this trend toward crypto doesn’t stop there. This in the wake of the OCC’s Sept.

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PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. This trend is especially important for retailers in these industries to consider as the pandemic nudges more consumers toward eCommerce rather than brick-and-mortar shopping.

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