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Key Innovations Boosting Corporate Banking Revenues

PYMNTS

According to Finastra and Celent, there are a several key factors at work driving corporate banks to shift their strategies: digitization and omnichannel platforms, FinTech innovation and transformation of legacy systems.

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Deutsche Bank Acknowledges Complexity, Confusion In PSD2 Implementation

PYMNTS

The German financial institution (FI) recently released a white paper urging banks and account servicing payment service providers (ASPSPs) to implement PSD2-related changes and reforms within their institution. It acknowledges several hurdles FIs continue to face in that effort. 12, 2018, deadline for implementation passes.

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Address financial crime and high costs with IBM Cloud Private

Insights on Business

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

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AI Spotlight: FICO’s Machine Learning Facilitates AML

FICO

JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection. billion in 2014.

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Vantiv, Now Worldpay: A Decision Management Maturity Rockstar!

FICO

The reduction of onboarding timelines from days to minutes is only the start of the benefits, those additional benefits including: Increased accuracy in detecting merchant fraud and default. FICO Data Orchestrator. Reduced portfolio risk and lower costs. Improved the customer experience, resulting in accelerated business growth.

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Four Ways Biometrics Will Evolve For Banks

FICO

With acceptance of biometrics becoming mainstream, and the need for fraud protection ever front of mind, how can banks use biometrics in order to be more effective and efficient? Fraud—do you need to change your approach to thwart a change or increase in attacks. Intelligent Orchestration of Multi-Factor Authentication.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. Blake Wood (SVP & Director, Program Innovation).

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