A UBPR, or Uniform Bank Performance Report, consolidates data submitted by banks to the Federal Financial Institutions Examination Council (FFIEC) and aggregates it to demonstrate quarterly trends.
A UCC (Uniform Commercial Code) filing records the fact that an asset is being used as collateral to secure a loan. The UCC filing is filed by a lender to document a lien on the property or equipment.
User experience (UX) refers to a person’s overall experience with a software solution. Factors such as speed, convenience, visual elements, and navigation contribute to or detract from the user experience. For financial institutions, UX is especially important when evaluating digital banking solutions that are used by customers or members.
“User Interface” (UI) refers to the software’s visual appearance and functionality. UI plays an integral role in a user’s perception of the software and is therefore a key component of UX design.