PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. The essence of every week is reviewing business performance and forecasts, discussing opportunities, predicting and mitigating risks, looking for small openings for transformation and innovating.

Innovation 190

Innovation Payments Compliance Risk Management 190

PYMNTS

JANUARY 9, 2020

Resilience360, incubated in DHL’s global Innovation Center , provides a continuous supply chain risk assessment and monitoring service. It’s now a stand-alone company, managed by holding company Rising Tide Digital and created by Columbia Capital to invest in disruptive supply chain technologies. .

Innovation 130

Innovation Analytics Capital Management 130

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.

Operations 68

Operations Strategy Innovation Policies 68

Perficient

NOVEMBER 27, 2023

When approached well, it enables organizations to: Unearth hyper-detailed insights into how work is done Identify processes that hinder productivity and are ripe for a rethink This is accomplished by combining data science and process management to deeply understand operational processes based on an organization’s widely available activity logs.

Industry 221

Industry Regulation Compliance Data 221

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

South State Correspondent

MARCH 14, 2024

The bank that will be around in the next 50 years will be one that develops the ability to build infrastructure now that allows for efficient innovation in the future. New products, new business lines and new ideas will drive long-term value and many banks are hindered by their technology and reliance on their core systems.

Innovation 195

Innovation Strategy Capital Comparison 195

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. Once they run buzzwords and innovations through management’s “B.S.

Leadership 155

Leadership Industry Management Resources 155

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec.

Payments 205

Payments Risk Management Fraud Mobile 205

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

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times.

North Carolina 136

North Carolina Risk Management Leadership Survey 136

Abrigo

MARCH 2, 2023

Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages. But as Southwest’s scheduling system crisis over the holidays showed banking and all other industries, technology shortcomings create enormous costs in the short-term and in the future.

Technology 195

Technology Lending Community Software 195

Bobsguide

MAY 8, 2022

A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. Although these objectives might seem ambitious, they are achievable if the transition to cloud is regarded as an opportunity to re-imagine systems and applications.

Compliance 166

Compliance Risk Management Digital Banking System 166

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

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17).

Compliance 100

Compliance Risk Management Tools Software 100

PYMNTS

NOVEMBER 2, 2020

Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated.

Bitcoin 160

Bitcoin Policies Groups cryptocurrency 160

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134

Software New York Risk Management System 134

PYMNTS

SEPTEMBER 29, 2017

As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house. Managing liquidity and credit risk are definitely of main concern to FIs.

Fintech 141

Fintech Risk Management Compliance Management 141

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. Fed officials, continued Reuters, are reluctant to offer such guidelines, as cyber risks are of concern and may harm consumers and the system itself.

Fintech 148

Fintech St. Louis System Regulation 148

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

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

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

Bobsguide

FEBRUARY 22, 2022

An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past. This go-live involved integration of TCS BaNCS with 100 other peripheral systems and was a complex overhaul of the IT infrastructure in the Bank.

Risk Management 78

Risk Management Innovation Compliance Software 78

Bobsguide

MAY 12, 2022

2022 — Murex , the global leader in trading, risk management and processing solutions for capital markets, has?won?the category at the FTF News Technology Innovation Awards 2022. and its unwavering commitment to product innovation. PARIS, May 12,?2022 the Software Solution of the Year?category Murex’s MX.3

Software 78

Software Innovation Risk Management Capital 78

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. The technology is designed to combat fraud for both businesses and customers as an overlay service that operates on top of a range of existing rails.

blockchain 260

blockchain Payments Fraud Management 260

PYMNTS

APRIL 15, 2020

APIs also allow software companies to maintain focus, Mielke added, as they need not worry about integrating into legacy systems that are far-flung among different providers. Drilling down into those new opportunities for innovation, data remains key. Where We Are Now — And Where We Are Headed.

Software 174

Software Data Resources Course 174

ZootBlog

AUGUST 16, 2019

The post Are Legacy Systems Holding Your Bank Back? appeared first on Zoot Solutions.

System 76

System User Experience Risk Management Operations 76

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. In the midst of this rapid-fire disruption, chief information officers are expected to be nimble, forward-thinking leaders who foster innovation in their organizations. Innovation Leader.

Resources 139

Resources Leadership Technology Management 139

PYMNTS

MAY 18, 2017

“They’re looking to reduce internal management of infrastructure, they’re looking to centralize the support of their operations, they’re looking to better manage their costs and they’re looking for new technologies to manage operations.”. And they have different systems across geographies.”

Fintech 101

Fintech Risk Management Management Data 101

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 16, 2018

Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I There is a culture of banking innovation; they understand what their core competencies are,and where to allocate resources most effectively.”.

Risk Management 134

Risk Management Survey Management Fintech 134

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. In short, the new rule might require companies that deal with ACH payments to retool their fraud detection systems. How much effort will that require, then?

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

OCTOBER 29, 2018

Amid the flurry of B2B FinTech innovation aiming to transform organizations’ back offices, there is often one common threat within the disruption: the need for previously siloed, disconnected systems and processes to integrate with each other, offering a streamlined, holistic view of the enterprise.

Analytics 145

Analytics Resources Risk Management Data 145

PYMNTS

SEPTEMBER 24, 2020

And as Lisa Shields , founder and CEO of FISPAN , told Karen Webster in a recent PYMNTS TV conversation, embedding banking products and services within enterprise resource planning (ERP) systems can pave the way for chief financial officers and treasurers to do far more than simply track cash balances and pay bills.

Payments 237

Payments Data Fintech User Experience 237

CFPB Monitor

JULY 27, 2020

recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers. The letter states that the OCC.

National 113

National cryptocurrency Risk Management Regulation 113

PYMNTS

MARCH 17, 2017

Financial service providers must balance “process complexity with funding and risk management,” the executive said. “In The global nature of corporate supply chains, decentralized operations, multiple banking relationships and now a patchwork of technology are driving this inefficiency.”.

Fintech 195

Fintech Innovation Lending Management 195

CFPB Monitor

APRIL 1, 2021

Augmenting risk management and control practices. Detecting cyber threats and malicious activity, revealing attackers, identifying compromised systems, and supporting threat mitigation. Comments on the RFI must be received by June 1, 2021. Uses of AI. Enhancing or supplementing existing techniques for making credit decisions.

Risk Management 78

Risk Management Training Lending FDIC 78

PYMNTS

JANUARY 20, 2020

In the past, however, the industry would think of fraud and risk management as separate processes and managing the data associated with payment details as well as credentials as a separate task. And many have left that system alone, as they didn’t want to touch it or break it. reconciliation).

Payments 145

Payments Risk Management Fintech Innovation 145