Remove Big Data Remove Fraud Remove Lending Remove Risk Management
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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. This approach is expected to enable a clearer focus by the OCC on risks and risk management expectations.

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How Transaction Analytics Transform Lending Speed and Results

FICO

How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. The pandemic highlighted the over-reliance of banks on traditional data when making credit decisions. Here’s a preview. by Peter Ould.

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B2B FinTech Investors Planning Ahead

PYMNTS

SME Lending. In addition to the new funding, the company revealed Goldman Sachs Principal Strategic Investment group Managing Director Rana Yared would join its board as an observer. Based in China, IceKredit wields Big Data to provide credit evaluation services for small businesses.

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SMEs Struggle To Find The Cash To Invest

PYMNTS

203 billion to be spent on Big Data analytics solutions by 2020 , said IDC, highlighting banking and manufacturing as the industries that will fuel this spend. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions.

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Why fragmentation of the global data supply chain poses risks to financial services

BankUnderground

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

Cortnie Abercrombie is a world recognized expert in AI and data analytics and has been named in media articles as one of “12 Brilliant Women in Artificial Intelligence & Ethics to Watch,” one of the “Top 100 Innovators in Data and Analytics,” and one of “10 Big Data Experts to Know.” Nikhil Behl.

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Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Many financial institutions are leveraging robotic process automation (RPA) capabilities to improve customer experience and remain competitive.