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OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient Digital Transformation

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. Contact our experts today if you are interested in learning more about up-and-coming news in financial services.

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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. Let’s explore its ramifications further.

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Efficient Invoice Data Entry Services for Error Free Accounting

Magellan Solutions

Invoice data entry services are vital for any business. Delayed payments, strained supplier relationships, and operational inefficiencies. Keep reading as we explore the ins and outs of invoice data entry services and analyze strategies businesses can leverage to enhance efficiency. The end result?

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Student Loan Repayment Challenges

Perficient Digital Transformation

Financial Institutions Face Uncertainties Banks are contending with the repercussions of higher interest rates and inflation, resulting in increased loan costs. They are implementing cost-cutting measures, staff layoffs, and adjustments to loan loss reserves to cope with the prevailing uncertainties.

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Customizing Digital Products to Drive Higher ROI – Part 2

3Pillar Global

As we discussed in part one , banking and financial services consumers expect today’s digital products to be convenient and tailored to their individual needs and preferences. Armed with this information, financial services companies can provide product and service recommendations that are tailored to each of their customers.

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Banking, Financial Services & Insurance Outsourcing to Hit $277B

SourceFit

The global banking, financial services and insurance (BFSI) outsourcing market is expected to be worth more than $277 billion by 2020, according to a recent report released by Technavio. North America, led by the United States, was one of the biggest consumers of outsourced services in 2015. Reference: – [link].

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Choosing the Perfect Payroll Outsourcing Service: Crucial Factors to Consider in India

Paysquare

Consequently, an increasing number of businesses in India are opting to use payroll outsourcing services as a means of streamlining their operations and concentrating on core business activities. Now the question arises: How can businesses evaluate the cost-effectiveness of different payroll service options?

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