BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. Cyber attacks are regularly cited as one of the top risks faced by firms in the financial sector and one of the most challenging to manage. Rachel Adeney and Amy Fraser.

Operations 90

Operations Policies System Regulation 90

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. E caroline.duff@finastra.com. About Finastra.

Operations 68

Operations Strategy Innovation Policies 68

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.

Risk Management 100

Risk Management Management Innovation Resources 100

PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. I travel three weeks out of four to meet our stakeholders in the markets they are in — customers, agents, regulators and employees. This routine occurs no matter where I am in the world. My weekend, however, is at home.

Innovation 190

Innovation Payments Compliance Risk Management 190

FICO

NOVEMBER 23, 2021

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Meeting 52

Meeting Analytics Risk Management Management 52

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Bobsguide

FEBRUARY 22, 2022

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

Bobsguide

MARCH 12, 2022

CompatibL was quick to act to counter the adverse impact of the global disaster and to provide its clients with innovative technology. Today, we are proud to have won the prestigious Best Modeling Innovation accolade at Risk Markets Technology Awards 2022. The Risk.net judges said: “This is truly innovative.

Technology 78

Technology Marketing Risk Management Innovation 78

Abrigo

DECEMBER 5, 2023

BSA training and experience must be extensive to meet regulatory expectations of a BSA Officer being competent and able to execute all duties effectively. Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer.

Training 221

Training Compliance Regulation Software 221

Gonzobanker

APRIL 28, 2020

This team should be working overtime to create a top-notch credit risk analytics capability that will be ready when the walls rattle after loan payment deferrals end. Priority #3: Realign Business Priorities and Operations. Maintaining normal operations is challenging in these times; it’s even harder to maintain sales momentum.

Strategy 78

Strategy Meeting Leadership Operations 78

Insights on Business

JULY 17, 2019

Those who are closest to operational risk – the first line of defense, or “1LoD” – may be working with outdated and inadequate tools. Either way, gaps persist in the ability of staff to use tools effectively, make risk-aware decisions and meet emerging requirements with up-to-date capabilities.

User Experience 79

User Experience Tools Survey Risk Management 79

Abrigo

MARCH 2, 2023

Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages. Takeaway 3 Financial institutions can use focused tech spending to make sure solutions will meet needs and provide appropriate ROI. Executives took a pay cut.

Technology 195

Technology Lending Community Software 195

Insights on Business

FEBRUARY 14, 2019

In particular, next generation governance, risk and compliance has been a key topic with sessions focused on how advanced technologies such as AI, advanced analytics and cloud deliver innovative financial services solutions. “How is IT risk different when IT services are outsourced?

Compliance 125

Compliance Risk Management Case Study Meeting 125

Bobsguide

FEBRUARY 22, 2022

Gansu Bank is the only provincial city commercial bank directly managed by the Gansu Provincial Government and has approval from China Banking Regulatory Commission. An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past.

Risk Management 78

Risk Management Innovation Compliance Software 78

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

Trends Puerto Rico Analytics Risk Management 95

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Managing liquidity and credit risk are definitely of main concern to FIs. Risk management, he continued, isn’t just about responding to threats.

Fintech 141

Fintech Risk Management Compliance Management 141

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. But modernizing payment systems does much more than just meeting customer demands. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams.

Payments 96

Payments Risk Management Innovation Analytics 96

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). This involves operationalizing AI and predictive analytics to break down silos and become central to client operations.

Report 52

Report Analytics Company Innovation 52

PYMNTS

JANUARY 15, 2019

Yet now, said Reuters, the Fed has said there is not enough risk management in place to allow FinTechs full-fledged access to the payment system. He will meet with investors including the Kuwait Investment Authority and the Abu Dhabi Council. In Asia, Examining Cross-Border FinTech.

Fintech 148

Fintech St. Louis System Regulation 148

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. But modernizing payment systems does much more than just meeting customer demands. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams.

Payments 70

Payments Risk Management Innovation Analytics 70

PYMNTS

MARCH 17, 2017

Reports last week said the merger aims to create a FinTech “powerhouse” as both Misys and D+H evolve their services to meet the more sophisticated demands of the industry. Financial service providers must balance “process complexity with funding and risk management,” the executive said. “In

Fintech 195

Fintech Innovation Lending Management 195

PYMNTS

DECEMBER 11, 2018

But according to Protiviti, the c-suite corporate leaders are most concerned about the ability of their firms to compete against those born-digital organizations, with this risk rising from number 10 in 2018’s report to number 1 in the 2019 survey. ” A Closer Look At The Risks.

North Carolina 163

North Carolina Survey America Big Data 163

Bobsguide

JULY 21, 2022

LONDON, 11 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced strong growth during the first half of 2022, a year after TradingScreen and Imagine Software merged to become TS Imagine. Piuter Kogan, Global Head of Infrastructure : Based in New York.

New York 87

New York Software Capital Leadership 87

PYMNTS

DECEMBER 29, 2020

It’s great to see the prioritization on innovation with this bill,” Wingert said, calling the AML regulatory changes important. However, Wingert said the fact remains that many financial institutions, merchant acquirers and online stores are missing important risk signals by overlooking a proven approach to fraud and risk management.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

MAY 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. For smaller operations, the job might be more challenging “to demonstrate that they are complying” by the rule deadline date. Quick, Secure Validation.

Payments 178

Payments Fraud Security Customer Experience 178

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. Regulatory risk Regulatory risk is yet another significant concern. These costs are necessary and ongoing, forming a crucial barrier against fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

Insights on Business

MARCH 5, 2019

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . 5:30 – 6:00 pm Keynote: Integrating Cybersecurity & Operational Risk to Meeting Regulatory Compliance. Agenda: 5:00 – 5:30 pm Registration & Welcome.

New York City 70

New York City Cyber Security New York Risk Management 70

PYMNTS

NOVEMBER 17, 2017

“We have definitely seen instances where community banks are innovating to meet the unique needs of their customer base,” he told PYMNTS. Issuing cards and creating a payments strategy, he said, can help community banks innovate in effective and exciting ways.

Community Bank 115

Community Bank Community Cards Lending 115

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 79

Case Study Study Compliance Risk Management 79

Insights on Business

FEBRUARY 15, 2018

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Think is the event where the problems of tomorrow meet the minds of today.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 70

Case Study Study Compliance Risk Management 70

PYMNTS

FEBRUARY 28, 2020

PYMNTS’ Credit Union Innovation Index found 65 percent of CU members chose credit unions as their primary financial institutions (FIs) because they trusted them, compared to 45 percent of non-CU members who said the same. The regulation applies to businesses, which it defines as any organization operating for profit.

Data 131

Data California Security Pennsylvania 131

FICO

JANUARY 12, 2022

Should you centralize or converge fraud and financial crimes operations and technology? While some companies may find they can easily gain operational efficiencies, others may have good reasons to keep fraud and financial crimes operations separate. Want to talk fraud management systems? Flexibility and Explainability.

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

APRIL 30, 2019

Eleveld said the ban on surcharges is an action that reflects the mindset of PSD2 – one that seeks to “level the playing field so that innovation can happen, [and so] big players cannot effectively crowd out the market of smaller players.”. which he termed “one of the main ways that merchants meet SCA standards.”.

Fraud 171

Fraud Online Cards Payments 171

Insights on Business

FEBRUARY 13, 2019

Given the advancement in technology and dynamic business scenarios, firms have started to look at technology to get more insightful, efficient and faster since traditional mechanisms of effective risk management and regulatory compliance are fast becoming outdated. Engaging and empowering the first line of defense in the 3LOD model.

User Experience 79

User Experience Compliance Risk Management Training 79

Insights on Business

OCTOBER 16, 2018

For those in marketing, data and analytics roles who have business operations responsibility. Craig Rector, IBM Offering Management, Commercial Payment Solutions. For heads of payment operations, retail banking, and strategy or innovation. Creating compelling AI omni-channel customer experiences. 12:00-12:55 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

BankUnderground

JUNE 25, 2020

First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. In some cases, firms ‘insource’ these functions to intra-group entities operating in lower-cost jurisdictions. . This has been driven by three factors. 15 of this report ).

Data 108

Data Big Data Regulation Risk Management 108