South State Correspondent

JUNE 22, 2023

In the last article, we covered the basics of EOS ( HERE ), the Entrepreneurial Operating System, and how some banks use it to improve productivity. EOS comprises a series of tools and concepts that guide leaders in managing and optimizing their operations. This forces participants to think both in the short and long term.

Tools 195

Tools Meeting Management Leadership 195

Perficient

AUGUST 5, 2021

In my last post, I discussed how insurance companies that demonstrate empathetic knowledge of their consumers and deliver tailored, real-time solutions will build on their noble purpose and gain competitive advantages in a digital operating environment. It starts with putting your customer in the middle of your operating model.

Operations 309

Operations Customer Experience Policies Tools 309

BankInovation

JULY 11, 2024

NEW YORK — Rocket Mortgage is working with Amazon Web Services to deploy generative AI-driven tools to make its customer relations team and internal operations more efficient.

Tools 119

Tools New York Operations 119

Abrigo

JUNE 19, 2022

New Fed Tool: ELE for 2023 CECL implementation The Federal Reserve's new Expected Loss Estimator, or ELE, tool for CECL is a spreadsheet-based option for smaller financial institutions to implement the current expected credit loss standard. Spreadsheet-Based Tool. ELE tool for CECL released by Fed. keep me informed.

Tools 195

Tools Regulation Data Resources 195

Payments Dive

OCTOBER 19, 2023

The point-of-sale provider's latest features include menu and website copy generators, which are designed to automate operations and increase efficiency.

Tools 195

Tools Operations 195

Perficient

OCTOBER 7, 2020

The short answer is yes, businesses can easily build bots using robotic process automation (RPA) tools. This shift becomes more prevalent as RPA leaders introduce the Attended bot operating model. Most RPA tools now have the capability to minimize the complexity of building a bot process. As always, the devil is in the details.

Tools 309

Tools Strategy Training Marketing Strategies 309

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. He said the new tool, Veem Check, “strengthens our domestic payment offering” because users can pay anyone in the U.S. 18) press release.

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Tools Payments Study blockchain 272

Cisco

MARCH 29, 2022

It’s evident that digital investments made prior to 2020 helped many financial institutions respond quickly to a rapidly changing operational environment. As financial services look ahead, it is perhaps time to consider the next phase of the transformation campaign in pursuit of complete operational transformation as the end-goal.

Operations 129

Operations Analytics Tools Resources 129

BankInovation

JULY 16, 2024

AI tools are helping […] The bank is deploying technology to aid growth across its three divisions — investment banking, wealth management and institutional securities — Chief Financial Officer Sharon Yeshaya said during Morgan Stanley’s second-quarter earnings call today. “AI

Operations 124

Operations Tools Security Management 124

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. “In

Google 264

Google Tools Lending Industry 264

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies.

Tools 262

Tools Cards Guidelines Online 262

Cisco

AUGUST 9, 2022

financial institutions, the FFIEC released new guidance and a Cybersecurity Assessment Tool for institutions to self assess their risks and determine their cybersecurity maturity. This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021.

Tools 114

Tools Leadership Handbook Security 114

Bank Innovation

OCTOBER 24, 2017

EXCLUSIVE – It is not everyday that a new tool for banking at the infrastructure level is introduced, but that is exactly what Finspace has unveiled today. The new tool, a beta of which is being made available today, is called Finspace, and it serves as a pipeline between banks and businesses for the exchange of […].

Tools 284

Tools Operations Online Lending 284

BankInovation

MARCH 26, 2024

Payments behemoth Mastercard this year plans to launch a generative AI tool that will cater to businesses.

Tools 74

Tools Operations Payments 74

Bank Innovation

JUNE 6, 2019

The digital tool, called ClickSwitch, helps Guaranty encourage […]. Guaranty Bank and Trust is using new technology to make it easier for potential new customers to switch bank accounts as it expands its branch network.

Fort Worth 282

Fort Worth Tools Dallas Texas 282

PYMNTS

JANUARY 14, 2021

Many companies took various facets of their operations digital, too, including their payments operations and other processes that relied on staff coming into the office. WilsonHCG On Using Digital Tools To Ease Remote Hiring. The pandemic has forced companies to make myriad changes to their business operations.

Video 184

Video Tools New York City New York 184

Bank Innovation

MARCH 10, 2017

BNP Paribas Wealth Management is testing a new mobile investment advisory tool, myAdvisory, the company said yesterday. The app offers investment advice, except instead of using robos – like the SigFigs of the world – the advice is written entirely by humans.

Tools 287

Tools Guidelines Mobile Management 287

BankInovation

JUNE 23, 2023

Tech giant Google launched an anti-money laundering tool backed by AI on Wednesday for financial institutions to detect nefarious activities.

Google 97

Google Tools Operations Data 97

PYMNTS

AUGUST 11, 2020

For example, the recent surges and drops in shipping levels have led Convoy to adopt a new tool, Convoy Go , which lets carriers and operators haul pre-loaded trailers and decouple the arrival and departure of those trailers with the loading and unloading. Customer loyalty, in the end, could be more important than going digital.

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Tools Cards Payments Examples 219

Bank Innovation

JUNE 8, 2017

Turns out, Amazon’s lesser known operation – small business lending – is also powered by machine learning, Bank Innovation has learned. […]. The e-commerce giant has (arguably) the most sophisticated ML toolset around that is uses for drone deliveries, online tailors, or its AWS offering.

Lending 373

Lending Tools Operations Innovation 373

PYMNTS

AUGUST 22, 2019

Amazon is on track to invest upwards of $15 billion this year in new tools to help small and medium-sized businesses (SMBs) grow and succeed, according to a press release. . To aid SMBs, 150 new tools have been launched since the beginning of the year, the company announced on Thursday (Aug 22).

Tools 184

Tools America Retail Survey 184

PYMNTS

NOVEMBER 1, 2020

Collaborating with budget owners, procurement and finance leaders will be able to make better investment decisions for IT, marketing, sales and operations, doing away with the old method of working backwards to figure out spend management in favor of data-driven insights to make predictive recommendations.

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Tools Analytics Data Industry 213

PYMNTS

DECEMBER 2, 2020

The additional functions offer a “desktop-optimized” look into all pertinent invoice data, enabling them to match bills with purchase orders and easily access coding tools. These types of users handle a greater quantity of invoices than business users and conduct complicated invoice handling activities akin to AP workers.

Tools 181

Tools Software Analytics Analysis 181

CFPB Monitor

MARCH 5, 2024

The Circular advised that: “[o]perators of digital comparison-shopping tools can violate the [Consumer Financial Protection Act (CFPA)] prohibition on abusive acts or practices if they distort the shopping experience by steering consumers to certain products or services based on remuneration to the operator;” and “lead generators can violate the prohibition (..)

Comparison 78

Comparison Tools Operations Cards 78

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. A tool called IDFA — Identifier for Advertisers — is a one-of-a-kind device identification code that advertisers use for ad targeting and results.

Tools 153

Tools Apple social media Regulation 153

PYMNTS

APRIL 5, 2017

Paygilant, the frictionless mobile payments fraud detection company, announced Tuesday (April 4) it was able to show how Citi was able to reduce operational costs associated with mobile wallet transactions.

Fraud 101

Fraud Operations Mobile Tools 101

PYMNTS

JUNE 6, 2017

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. SigOpt now helps optimize fraud detection and investments like beer brewing and even the manufacturing of synthetic rhino horns.

Operations 168

Operations Tools Data San Francisco 168

PYMNTS

JANUARY 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. It’s not just technical connectivity that financial service executives need to think about as their business or their FI moves to 24/7,” she said.

Operations 349

Operations Payments Industry Management 349

PYMNTS

NOVEMBER 9, 2020

In the United States, 8 million consumers have fallen below the poverty line since May, for example, movement that severely reduces the access these consumers may have to financial tools. In the November Disbursements Tracker ® , PYMNTS examines how the pandemic is reordering the financial ecosystem in the U.S. Around The Disbursements World.

Tools 203

Tools Mobile FDIC Examples 203

PYMNTS

NOVEMBER 13, 2020

Google is integrating its Expedition 360 virtual reality (VR) tools to Google Arts & Culture app to allow teachers to keep offering students digital adventures as remote learning continues. The original Expeditions Pioneer Program launched in 2015 for educators and in 2016 was made available on the Android operating system.

Google 222

Google Las Vegas Tools New York City 222

PYMNTS

AUGUST 26, 2019

The frequency of state-sponsored attacks has intensified in recent years — with a level of sophistication and technical and financial backing to their operations that has never before been seen. End-to-end, an operation that could take weeks or even months to plan can be carried out in minutes.

Tools 207

Tools Fraud ATM Cards 207

PYMNTS

NOVEMBER 2, 2020

Plus, Suplari launches new corporate spend management solutions, and PROS expands its Adobe partnership to help B2B business customers launch eCommerce operations. Serko Rolls Out Expense Management Tool In North America. Suplari Rolls Out New Tools For Spending Insights, Predictions.

Tools 148

Tools Management America ATM 148

PYMNTS

DECEMBER 6, 2019

The company uses automation tools to accelerate claims processing. Independent and company-hired truckers haul goods across the nation, keeping retailers supplied and in operation. It is often too risky for drivers to carry large amounts of cash, but other payment tools can be problematic as well.

Tools 186

Tools Payments Millennials Strategy 186

PYMNTS

JUNE 19, 2020

According to the announcement, “Acumen net eFX is an end-to-end solution for clients and sales desk promoting Banks’ Digital Transformation strategy, improving client experience and empowering treasury professionals with cutting-edge tools increasing client trades and productivity.

Risk Management 160

Risk Management Software Tools Management 160