Abrigo

JULY 10, 2015

Compliance is often a loaded word for bankers. While regulations within the banking industry are, of course, a necessity, the ongoing conversation about striking a balance between mitigating risk and overregulation continues in government, media and financial institutions themselves. By nature, a bank is set up to withstand some risk.

Compliance 150

Compliance Risk Management Regulation Management 150

Abrigo

JUNE 15, 2023

billion laundered between 2015 and 2020 through the U.S. billion was laundered between 2015 and 2020 through the U.S. You might also like this Russian sanctions compliance checklist. Takeaway 1 Real estate money laundering is a serious issue, with an estimated $2.3 real estate market alone. real estate market alone.

Training 195

Training Regulation Compliance System 195

PYMNTS

JULY 27, 2020

Australia and Singapore … rolling out Revolut’s banking operations in Europe … strengthening risk management and compliance … multiple new product launches … $580m in new equity … and customer base up around 2.5x!” In February, Menlo, California-based TCV led a $500 million round.

United States 140

United States Leadership Risk Management California 140

PYMNTS

APRIL 23, 2018

American Express’ corporate travel unit, Global Business Travel (GBT), is integrating Lyft as the latest ride-sharing service supported by the business travel booking and expense management solution. Users can also take advantage of integrated data from Lyft trips and payments for reporting, compliance, analysis and duty of care.

Compliance 117

Compliance Risk Management Management Analysis 117

PYMNTS

AUGUST 29, 2017

In addition, New York State passed strict anti-money laundering regulations in 2015, such as requiring a bank’s chief compliance officer to certify whether it upholds the systems outlined in the rule. It was not revealed what those breakdowns were. The Pakistan bank said it will “vigorously contest” the fine in U.S.

New York 102

New York Regulation Compliance United States 102

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

Abrigo

MAY 17, 2017

The importance of a sound risk rating process continues and possibly grows in the coming years as financial institutions grapple with the increased emphasis on estimating credit losses. Finally, risk ratings could be important as financial institutions meet CECL’s new disclosure requirements.

Risk Management 170

Risk Management Analysis Examples Capital 170

Abrigo

AUGUST 4, 2016

If you’re like many workers in corporate America, much of the formal training you receive is mandatory and compliance-related, as opposed to learning and development that can help you work more efficiently or easily. On the job, it’s the same way. Get a leg up on schmoozing. The ALLL User Pre-Conference will take place Wednesday, Sept.

Conference 150

Conference Groups Training Risk Management 150

Abrigo

FEBRUARY 9, 2016

Internal challenges Top management will be familiar with many of the internal challenges. They may include: - Competing and conflicting interests: growth vs. risk - Disconnected processes, departments and technology - Little transparency into portfolio health over time - Lots of data, few actionable insights.

Compliance 150

Compliance Lending System Data 150

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

Abrigo

AUGUST 4, 2015

The most senior risk management executives at these institutions are under the spotlight, both in the industry and in the media. So when late last month Bank of America announced a management overhaul that directly impacted this important review, it left some in finance scratching their heads.

Resources 150

Resources America Compliance Michigan 150

Gonzobanker

APRIL 28, 2016

That’s down slightly from the 2015 level, but still one of CEOs’ top three concerns overall. They aren’t necessarily sexy or cool, but cockroaches are extremely efficient and manage to thrive even in harsh environments. appraisal management) and reporting. What banks are setting the benchmark of success? Cockroaches.

Regulation 60

Regulation Management Community Bank System 60

PYMNTS

APRIL 21, 2017

Or take payments company First Data, which acquired open source storefront platform Spree Commerce in 2015 in a significant show of support for open source technology. The possibilities for open source applications to impact corporate and B2B operations across eProcurement, financial management, payments and beyond are boundless.

Analysis 108

Analysis Software Security Compliance 108

PYMNTS

APRIL 20, 2016

The world of corporate treasury management has of late had to focus especially hard on the management portion of the job description. The reference work, says the company, helps inform treasury and risk professionals about technology and workflow, with an eye on trading, risk controls and compliance.

Taxes 100

Taxes Regulation Management Marketing 100

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

Abrigo

FEBRUARY 2, 2015

Risk management issues were also a high-ranking hurdle to growing banks, with 26 percent calling it a concern for 2015. The cost of compliance in these areas are also high for community bankers. The costs associated with ensuring a bank is accurately acting on regulations is growing, too.

Community Bank 150

Community Bank Community Regulation Survey 150

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. Does it sound like “reality compliance”? The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity.

Compliance 70

Compliance Training Community Bank Regulation 70

PYMNTS

JUNE 21, 2016

Nearly 80 percent said they had taken some kind of measure to make up for the financial cost of compliance. Changes in the FinTech and financial services landscape have certainly changed the way businesses manage their cash. But the Chamber of Commerce’s report goes beyond identifying the challenges of U.S.

Survey 101

Survey Regulation Compliance National 101

Abrigo

OCTOBER 23, 2015

Behringer, McGladrey’s national leader for credit risk services. Portfolio stress tests can provide a number of benefits beyond compliance with regulatory expectations, Behringer said recently at the 2015 Risk Management Summit hosted by Sageworks. Behringer said. Here are five questions he recommends asking: 1.

Capital 150

Capital Analysis Examples Risk Management 150

Insights on Business

JULY 18, 2017

In 2016, more than 4 billion data records were stolen or lost, a 556% increase over 2015. Even for banks highly focused on security and regulatory compliance mandates, important data continues to be vulnerable to external and internal attackers. Over the past few five years alone, 9 billion records have been breached.

Data 123

Data Compliance Security System 123

CFPB Monitor

SEPTEMBER 21, 2015

Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Quick, Vice President of Compliance, First Hope Bank, N.A., New Community Bank Advisory Council members are: Jonathan T. Kathleen J.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

CB Insights

SEPTEMBER 22, 2017

At the current run rate, deals in 2017 are on track to hit a new high, while funding is on pace to grow 14% to nearly match record funding levels set in 2015. We define regtech as companies that focus on simplifying and streamlining compliance, risk management, reporting, data management, regulatory processes, filings, and more.

Compliance 46

Compliance Trends Software Capital 46

Independent Banker

FEBRUARY 24, 2016

The OCC’s 2015 “Survey of Credit Underwriting Practices” found, for the third consecutive year, that more banks are easing underwriting standards for commercial and retail loan products, than tightening. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well.

Community Bank 70

Community Bank Community Regulation Compliance 70

CB Insights

NOVEMBER 21, 2019

The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Accounting and expense management. Wealth management. Company subcategories. Real estate. Regulatory tech.

Fintech 93

Fintech Marketing US Technology 93

Gonzobanker

DECEMBER 22, 2014

Rise of the Analytics Organization in a Dog-Eat-Dog World – Brush off your resumes Gonzoanalysts, at our client roundtables we heard about analytics organizations being formed and analysts and managers being hired to head them. But, nobody had this on the 2015 list until … Apple announced Apple Pay. Bring out your dead!

Los Angeles 101

Los Angeles Apple Risk Management California 101

FICO

MARCH 30, 2023

Now 41% of American consumers say none of their typical weekly purchases are made with cash – up from 24% in 2015. TJ Horan TJ Horan is vice president of Product Management at FICO, leading the Solution Product Management team for Lifecycle Products. As we do, the scammers will be waiting to take our money.

Fraud 52

Fraud ATM South Carolina Management 52

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. We have full confidence in our new management team and we are a better company today.”. He didn’t leave alone – most of LendingClub’s founding senior management team resigned or exited along with him. “I

Lending 135

Lending Fraud Management San Francisco 135

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Market segments include insurance, banks, telecom, utilities, and property management. Using cutting edge technology, Auvenir is setting the new standard in compliance and assurance.

Company 12

Company Software Analytics Mobile 12

Celent Banking

JULY 24, 2015

The earnings allowance is then used to offset the cost of cash management services. The Liquidity Coverage Ratio (LCR) provisions of Basel III and the advent of negative interest rates in some European countries are upending traditional cash flow management for banks and their corporate and institutional clients.

United States 100

United States Operations Management Capital 100

NCR

JANUARY 9, 2017

While they have faced macroeconomic headwinds, UAE banks have managed to achieve something that many of their counterparts in other countries are striving for: customer satisfaction. So what are the latest developments in the sector, and what challenges and prospects could lie ahead? Growth and innovation. ” Future challenges?

Innovation 40

Innovation ATM Industry Trends 40

CB Insights

DECEMBER 5, 2017

The 12 firms, which include Ping An Insurance, Hiscox Holdings, and XL Group among others, have made over 100 investments in aggregate since the start of 2015. AXA formally launched its €230M ($244M) venture fund, AXA Strategic Ventures, in February 2015 and has since disclosed investments in 22 companies. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Here are the deals by size from 26 Dec to 31 Dec 2015: Weijinsuo. Credit risk management. HQ: Bejing, China.

St. Louis 12

St. Louis social media Company Fintech 12

Fintech Labs Insights

MAY 7, 2015

Trizic ($3 million) a new wealth management platform provider. Real estate risk management (aka Solidifi & iv3CUS). Business analytics and risk management for banks. Wealth management platform. Tags: Investing, wealth management, FinovateSpring presenter. Human resources and benefits platform.

San Francisco 12

San Francisco New York City Company Fintech 12

Fintech Labs Insights

APRIL 27, 2016

.” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. “FinTech continues to be at the forefront of innovation, and that requires equally innovative RegTech solutions for risk management, security, and fraud,” Zac Cohen, Trulioo General Manager said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

Fintech Labs Insights

JANUARY 18, 2016

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Financial supply chain management. HQ: Bejing, China.

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

MARCH 1, 2016

And the number of deals is up 70% (167 compared to 98 in 2015). Tags: Consumer, investing, real estate, wealth management. Seven weeks into the new year, fintech companies have raised $4.7 billion in equity and debt worldwide, more than double the $2.2 billion in the same period last year. Receivables financing for small business.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

DECEMBER 30, 2015

The Kentucky-based company has developed a vendor management platform for banks and credit unions. Here are the deals by size from 19 Dec to 25 Dec 2015: PokitDok. Vendor management for financial services companies. Investment portfolio management . Escrow & renter deposit management. Person-to-person lender .

Company 12

Company New York City Fintech Kentucky 12