PYMNTS

JANUARY 24, 2019

Dun & Bradstreet Global Head of Compliance and Supply Products Brian Alster said that, as the once-separate procurement and compliance efforts within organizations continue to converge, technology is going to play an increasingly critical role for businesses to manage the bombardment of risks, including fraud, non-compliance and cyberattacks.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

SEPTEMBER 2, 2020

Since the coronavirus outbreak, almost half of banking customers have reported changing how they interact with their financial institutions, leveraging new channels like online and mobile banking, according to an FIS survey. These findings are true among all generations surveyed. Credit Risk Management. Fraud Prevention.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

FEBRUARY 25, 2022

Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As While FinCEN has provided no specific, written regulations yet, more clarification is expected soon.?

Regulation 195

Regulation Policies Compliance Washington 195

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. increased operational risks.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

SEPTEMBER 2, 2020

Since the coronavirus outbreak, almost half of banking customers have reported changing how they interact with their financial institutions, leveraging new channels like online and mobile banking, according to an FIS survey. These findings are true among all generations surveyed. Credit Risk Management. Fraud Prevention.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

DECEMBER 2, 2021

Two years ago, more bankers surveyed for that report named core deposit growth as their greatest challenge than any other issue. But this year, only 15% described core deposit growth as a “very important” risk. Spend Budget Surplus to Mitigate Risk. Fraud Prevention. Lending & Credit Risk. billion from $515.3

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

JULY 4, 2018

Those included the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under anti-money laundering regulations. The news comes almost two years after ThetaRay released predictions for banking security in 2017.

Survey 101

Survey Risk Management Compliance Security 101

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

FICO

DECEMBER 10, 2020

This is despite one-half of survey respondents reporting having strong model governance and management rules in place to support ethical AI usage. For example, fraudsters know that credit card fraud models are very effective at detecting high-dollar fraud.

Analytics 98

Analytics Fraud Data Software 98

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Introduce key takeaway below. This short be 2 lines max.

Examples 221

Examples Fraud Resources Risk Management 221

FICO

NOVEMBER 1, 2022

Application Fraud – Does Canada Need a New Approach? FICO’s Fraud, Identity and Digital Banking Survey 2022 shows that customers in Canada want slick onboarding processes, where fraud controls work but don’t delay account opening. And what does that mean for the future of your fraud management solutions?

Fraud 52

Fraud Survey Customer Experience Data 52

FICO

OCTOBER 7, 2022

Buy Now, Pay Later: BNPL Fraud and Regulatory Update. Buy now, pay later or BNPL financing is experiencing tremendous growth, but that growth can bring potential growing pains like fraud and regulatory scrutiny. As payments professionals well know, change creates opportunities for fraud. So is regulation. by TJ Horan.

Fraud 52

Fraud South Carolina San Francisco Regulation 52

FICO

MAY 3, 2023

Operating at highly organized and relentless levels, fraud networks have become a multibillion-dollar, global problem. The banking and financial services industry must evolve their fraud-fighting strategies at an equally relentless pace to stay one step ahead. Last year in the UK, nearly 41% of fraud losses were due to scams.

Fraud 52

Fraud Strategy Analytics South Carolina 52

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Each type of financial crime has a specific profile.

Conference 195

Conference Payments Fraud Data 195

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. What does FICO offer and how does it distinguish from other AFC solutions? In the U.S.

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

MARCH 5, 2018

Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. Amid the risk mitigation challenges faced by internationally trading businesses, B2B payments are accelerating, which has also shifted risk exposures. Payment Shifts. In the U.S.,

Payments 105

Payments Strategy Fraud Survey 105

PYMNTS

DECEMBER 9, 2020

As the technology evolves and new regulations come into force, our research shows that criminals are seeking new ways to launder dirty cryptoassets” said David Carlisle, head of Policy and Regulatory Affairs at Elliptic, in the post. In other news, cryptoasset analytics firm Elliptic reported Wednesday (Dec.

Bitcoin 168

Bitcoin Report cryptocurrency Analytics 168

PYMNTS

JULY 11, 2017

Its Global Survey on Trade Finance, which surveyed financial institutions across 98 countries, found that 61 percent of banks say they face greater demand for trade finance than they can supply. In many ways, collaboration with FinTechs has become a key part of risk mitigation for banks, with researchers finding that only 1.4

Analytics 109

Analytics Risk Management Fintech Data 109

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. ‘Are You Freakin’ Kidding Me?’

Community Bank 60

Community Bank Apple Community Technology 60