financial services
Three use cases for cloud fax in financial services
Fax is so secure that faxed documents and signatures are recognized in the courts as being legally binding. It stands to reason, then, that fax would be the bedrock of financial…
Accounts Receivables Reconciliation: A timely solution for late payments
In 2022, more than half of all businesses reported they have experienced late payments. Those who have found themselves waiting on a late payment have…
Providing a superior experience for commercial banking customers
The banking industry—which includes retail banks and credit unions, wealth and asset management firms, and corporate and treasury divisions—faces severe challenges. It’s become more important…
Could digital fax be a secret weapon for cybersecurity in financial services?
Last year, a foreign exchange company in the UK, Travelex, cited cyberattack as a key factor in its decision to file for bankruptcy. It’s estimated…
What is software implementation?
Every year, organizations all over the world implement new software packages and systems. Every year, many of those organizations struggle to realize the benefits of that software implementation. Having…
Key financial services trends as the world emerges from COVID-19
In January, I wrote a predictions blog that said the priorities of the financial services industry would not change greatly over the next 12 months! Of course, no one could have seen the…
Nurturing relationships while working remotely
In the midst of media reports of job cuts and business closures, the Bank of America has just announced the hiring of 1700 new employees…
Why trusted advice is vital in uncertain times
There’s a danger that writing a blog focused on the current Coronavirus outbreak could be seen as a cynical marketing ploy. But I’m going to…
The state of AI and information readiness in banking
According to a new report on the global banking industry from Finextra, 45% of retail banks say they can onboard a new customer in under 40…
Information Advantage for Financial Services in 2020
It’s that time again when we look ahead to the year to come. For 2020, we’re going to see financial services companies accentuate and accelerate…
Striking a balance between security and usability of sensitive data
Last year, the number of personal records exposed by cyber attacks on the financial services industry was an incredible 446,575,334 – more than triple from…
Employee experience drives customer experience
The 2019 Financial Brand report showed that ‘removing friction from the customer journey’ is one of the key priorities within retail banking this year. For…
An introduction to 360 degree threat detection
According to Accenture, the cost of cybercrime to US Financial Services companies rose 40% between 2014 and 2017, on average costing companies over $18 million…
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