PYMNTS

APRIL 26, 2017

Jean-Luc Robert, chairman and CEO at Kyriba , talks about his approach to innovation and what is critically important about payments in today’s market. Q: How would you define your company’s approach to innovation? A: We focus on innovating business value that meets business demand. At Kyriba we see technology as an enabler.

Risk Management 100

Risk Management Management Innovation Resources 100

Insights on Business

JULY 30, 2019

An example is the IBM Workspace Analyzer for the Enterprise solution. Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management. Also see our related blog post, A new era of technology enabled financial risk management.

Risk Management 70

Risk Management Analytics Technology Management 70

Abrigo

APRIL 14, 2017

A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year. Considering the example of the bank mentioned above, the amount of data entry required is significant. Enter Sageworks.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

OCTOBER 14, 2019

Expansion via merger and acquisition (M&A) activity, for example, means businesses change hands and new entities are created, and such changes inevitably cause disruption among their corporate client bases. “Between 5 [percent] and 15 percent of a company’s risk comes from these direct suppliers,” he said.

Data 134

Data Innovation Analysis Risk Management 134

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk.

Risk Management 195

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Insights on Business

JULY 31, 2018

IBM RegTech Innovations. We caught up with Peter Chirlian, CEO of Armanta, an IBM Company, to tell us more about Armanta’s innovative approach to aggregation and risk analytics. Let me start by asking about the risk management challenges that financial institutions face.

Innovation 133

Innovation Analysis Analytics Risk Management 133

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. These include driving growth, reducing costs and managing financial risks in a volatile business environment.

Operations 138

Operations Innovation Management Risk Management 138

Perficient

JULY 10, 2023

Defining Reputational Risk for Financial Services Institutions Reputational risk occurs when an institution’s action or lack thereof gives its stakeholders or employees a negative perception. Reputational risk is convoluted. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

social media 170

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Insights on Business

JUNE 27, 2018

IBM RegTech Innovations. Asset liability management (ALM) and liquidity risk (LR) are top of mind for banks as the pressure from today’s regulatory environment heats up. They have a critical need for technology that can provide insight into risks embedded in their banking books. The benefits of innovation.

Big Data 151

Big Data Data Risk Management Analytics 151

PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions.

Management 151

Management Risk Management Fraud Innovation 151

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets.

Fintech 211

Fintech San Francisco National Innovation 211

Perficient

NOVEMBER 27, 2023

An ideal solution combines top-performing analysts with innovative AI. Healthcare: Highly Protected Data Automation Examples: Compliantly manage HIPAA-protected patient/member data while increasing accuracy, efficiency, and productivity to help improve patient outcomes and mitigate risk.

Industry 221

Industry Regulation Compliance Data 221

PYMNTS

NOVEMBER 2, 2017

All of these risks change as companies grow, expand across borders and implement new technologies. But there are some positive forces at work, too, that encourage treasurers to become progressive, innovation-embracing figures within the enterprise, said Davey. Treasury in general is risk-averse,” he said.

Innovation 100

Innovation Risk Management Security System 100

PYMNTS

JUNE 9, 2017

In an interview with PYMNTs after a webinar by the pair titled, “Financial Services Innovation — The Risk of New vs. Nothing,” John Epperson, principal at Crowe Horwath LLP, and Jason Henrichs, managing director at FinTech Forge , discussed the challenges and rewards of embracing change, even as firms are mindful of what works.

Innovation 109

Innovation Compliance Technology Data 109

PYMNTS

DECEMBER 22, 2016

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

Innovation 100

Innovation Payments Regulation Industry 100

Insights on Business

SEPTEMBER 28, 2018

IBM RegTech Innovations. There’s a clear trajectory from daily to intra-day calculations, and in some cases even to real-time XVA calculations to help traders and risk management teams make better operational decisions. Game-changing innovation. Innovation drives business transformation.

Innovation 79

Innovation Risk Management Maine Examples 79

PYMNTS

DECEMBER 17, 2020

Customers can also tap RevenueProtect, Adyen’s risk management and fraud prevention product. . The tie-up between Adyen and Flywire aims to innovate and improve the payments landscape for the international verticals both firms work with. “The Prins also said that it is especially important when selling internationally. “If

Payments 181

Payments Risk Management Fraud Industry 181

CB Insights

NOVEMBER 3, 2022

Recent developments in climate tech can help the insurance industry understand and plan for changing climate and weather-related risks. Insurers are already leveraging these solutions to improve their current operations and spark new innovation, including developing climate-focused parametric insurance products.

Trends 95

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South State Correspondent

JUNE 8, 2022

National Bank Strategies For Interest Rate Risk Management. For example, a bank can offer a long-term fixed-rate structure for the borrower but recognize an initial floating rate (an advantage when interest rates are rising), followed by a fixed-rate (an advantage when interest rates are falling).

Community Bank 195

Community Bank Community National Strategy 195

Abrigo

NOVEMBER 7, 2016

The lesson for accounting firms, Tolin said, is that they should take advantage of the numerous opportunities they have to innovate their existing services and create: • entirely new services • new packages of services or • new methods of delivering their services. “We How do I innovate?

Taxes 170

Taxes Innovation Examples Case Study 170

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

How To 245

How To Management Report Strategy 245

Insights on Business

DECEMBER 12, 2018

Risk is everyone’s job In working with our clients, soliciting and implementing their feedback, the IBM GRC team has seen key industry stakeholders coming to the realization that risk management is not simply a business function. Improve performance using a risk lens to enrich decision-making. Innovating in the open.

Innovation 111

Innovation Compliance User Experience Regulation 111

PYMNTS

NOVEMBER 6, 2020

For example, Guerra said that younger consumers are “fully digital,” and expect to be able to click through various use cases and to get subscriptions or other offerings in an instant. For instance, machine learning and other advanced technologies can boost fraud- and risk-management capabilities.

Payments 274

Payments Cards Fraud Retail 274

NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? For example, digital wallets could enable customers to pay for their purchases via a virtual point of sale, allowing them to avoid queues.

Industry 75

Industry Retail Innovation Payments 75

Gonzobanker

FEBRUARY 23, 2022

As the collision of traditional banking and fintech continues, there will be more competition and more innovative banking solutions due to the increasing number of actors seeking defensible niches and operational scale. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

South State Correspondent

JANUARY 4, 2023

Mostly, this means getting innovative with deposit and payment products. Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity.

Community Bank 195

Community Bank Capital Lending Training 195

Celent Banking

JANUARY 23, 2017

In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in Digital Banking Transformation, the busiest of seven categories. Consumer Banking Channel Innovation – for the most creative use of consumer channels, or the most effective channel integration.

Risk Management 100

Risk Management Innovation Case Study Boston 100

PYMNTS

DECEMBER 29, 2020

One recent example of a response to the proliferation was the inclusion of a long-fought anti-money laundering (AML) provision within the recently passed defense spending bill in the U.S. It’s great to see the prioritization on innovation with this bill,” Wingert said, calling the AML regulatory changes important.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Abrigo

MARCH 2, 2023

Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages. Impact of technology Banking industry lessons from Southwest Airlines According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

PYMNTS

SEPTEMBER 6, 2017

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important.

Risk Management 108

Risk Management Survey Management System 108

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Fintech 107

Fintech Risk Management Big Data Management 107

CB Insights

MARCH 4, 2021

However, companies have spent far less on cyber insurance than on cybersecurity as a form of cyber risk management. Expect more innovation in cyber insurance : Incumbents and insurtech companies are looking at a variety of technologies and strategies to cover the cyber insurance gap. First name. Company name. Phone number.

Google 74

Google Security Risk Management Trends 74

PYMNTS

APRIL 15, 2020

Drilling down into those new opportunities for innovation, data remains key. There are other use cases in the wings, of course, across underwriting and risk management. In the end, she said, the entire payments ecosystem enjoys the benefits of being flexible and streamlined in developing new products and services.

Software 174

Software Data Resources Course 174

PYMNTS

OCTOBER 10, 2018

10) that it has teamed up with Amazon to offer smart home kits, insurance and risk management information through a digital storefront on Amazon, at Amazon.com/Travelers. The Travelers Companies announced Wednesday (Oct. customers in Colorado, Missouri and Wisconsin. Travelers said it expects to add more states later this year.

Wisconsin 144

Wisconsin Missouri Colorado Risk Management 144

PYMNTS

MARCH 17, 2017

Financial service providers must balance “process complexity with funding and risk management,” the executive said. “In But according to Singh-Jarrold, banks deploying the latest and brightest of FinTech innovation isn’t going to solve this problem. In reality, corporate banking is fragmented,” Singh-Jarrold continued.

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Our approach to technology innovation is to keep the consumer at the center of everything we do, and taking a view from the customer’s standpoint makes it easier for us.

How To 136

How To Risk Management Technology US 136