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A Bank Automation Summit Preview: Dissecting the Intersection of Real-time Payments and Automation

Perficient Digital Transformation

These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion. This change will force impacted stakeholders to reconsider their services, products, and operational procedures, thus generating new opportunities for automation.

Banking 64
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Build trust in banking with data lineage

IBM Services

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. Put simply, consumers trust banks to keep their money safe and return the money when requested. But there’s trust on the business side, too.

Banking 71
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Unlocking Enterprise Preparedness for T+1 Settlement: The Crucial Role of IT and Technology Services Providers | Blog

Everest Group

By partnering with IT and technology services providers, banks and financial institutions can prepare for the new T+1 settlement. This security trade rule change to shorten the order finalization date by a day is expected to enhance operational efficiencies and reduce risk.

Banking 64
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ISO 20022: Are your payment systems ready?

IBM Services

Wire transfers are traditional bank-to-bank transfers that are typically processed in batches and can take a day to several days to complete. On the other hand, real-time payments are complete within a few seconds, allowing for the near-instantaneous transfer of funds between bank accounts.

Banking 115
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Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Services

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Banks want to tap into these new innovations.

Service 59
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Top financial services trends of 2024

IBM Services

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors. This is something we’re likely to see more of this year.

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Designing next-generation credit-decisioning models

McKinsey and Company

As banks continue their digital transformations, they can follow four best practices for automated credit-decisioning models to incorporate more of the right data to meet future challenges.

Design 95