Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. Innovation Leader.

Resources 146

Resources Leadership Technology Management 146

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

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. .

Fintech 195

Fintech How To Innovation System 195

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

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Gonzobanker

NOVEMBER 2, 2023

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.

Leadership 158

Leadership Industry Management Resources 158

Abrigo

DECEMBER 5, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." 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

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Other reasons included a lack of resources and the complexity of third-party relationships.

Data 195

Data Risk Management Resources Survey 195

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. We have webinars , whitepapers , and other resources to make your job easier. or largely focused on the domestic banking market.

Community 195

Community Lending Maine Resources 195

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

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

JULY 17, 2019

Innovative and updated technologies also help close gaps between users, requirements and capabilities. Instead of completing complex questionnaires and risk assessments, the 1LoD can use AI-driven risk processes and data to support more risk-aware, competitive actions and decisions in the marketplace.

User Experience 79

User Experience Tools Survey Risk Management 79

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. However, interest rates, FX, commodity and derivatives risk, as well as operational risk, should not be disregarded.”.

Fintech 141

Fintech Risk Management Compliance Management 141

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. One of the latest adopters of Mastercard's Track solution is Transcard , which announced its A2A capabilities wielding Mastercard technology.

blockchain 260

blockchain Payments Fraud Management 260

Abrigo

NOVEMBER 17, 2023

In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. The second pillar concerns the cost of technical and human resources dedicated to fraud prevention, detection, and remediation.

Fraud 195

Fraud Training Trends Compliance 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

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. 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

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Abrigo

SEPTEMBER 16, 2019

This is not a new philosophy and has long been stated in the FFIEC Exam Manual but the Statement refocuses the Agencies to use more resources where there is higher risk among the financial institutions and fewer resources for the lower-risk institutions. This means that exam scoping for each institution will vary.

Resources 150

Resources Regulation Software Risk Management 150

PYMNTS

APRIL 15, 2020

APIs help open the market and allow us to focus our resources on making our payment platform better, rather than putting the same developer resources into creating all kinds of services that basically only provide access to what we do,” she told Webster. Drilling down into those new opportunities for innovation, data remains key.

Software 174

Software Data Resources Course 174

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

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. Right now the focus is on the nuts and bolts of technology. The Stages of Risk Management.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 100

Innovation Mobile Digital Banking Technology 100

PYMNTS

DECEMBER 11, 2018

A new report from consulting firm Protiviti finds corporate c-level executives have shown a sudden spike in their concern over the “digital readiness” of their organizations, particularly as older companies struggle to embrace technology and compete with “born digital” players. ” A Closer Look At The Risks.

North Carolina 163

North Carolina Survey America Big Data 163

CFPB Monitor

APRIL 1, 2021

Improving customer experience and gaining efficiencies in the allocation of financial institution resources, such as through the use of voice recognition, natural language processing (NLP), and chatbots. Augmenting risk management and control practices. Comments on the RFI must be received by June 1, 2021. Uses of AI.

Risk Management 78

Risk Management Training Lending FDIC 78

PYMNTS

JUNE 15, 2018

Simudyne runs advanced simulation trials to reduce entities’ risk exposure. The simulation technology enables the automated recognition of a significant event in quantitative analysis, enabling entities to simulate more complex scenarios. Simudyne participated in Barclays’ Accelerator program in London last year.

Analysis 100

Analysis Fraud Risk Management Training 100

PYMNTS

FEBRUARY 15, 2018

In the fight to compete against banks and other financial institutions (FIs), credit unions (CUs) and service providers are turning to new technology and data-driven solutions to better support their members. Canice’s Credit Union to develop a data recovery solution, along with other information technology (IT) support functions. .

Data 108

Data Trends National Risk Management 108

PYMNTS

JUNE 4, 2018

According to a study by Fortune , over 80 percent of Fortune 500 CEOs see the technology as very or extremely important to their company’s future. The problem, however, is that while the data resources exist, most firms do not have the in-house experience or expertise to leverage that data within an AI paradigm. “If

Fraud 121

Fraud Risk Management Security Resources 121

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

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. He has an MBA from the Indian Institute of Management.

Meeting 52

Meeting Analytics Risk Management Management 52

South State Correspondent

JANUARY 4, 2023

In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. Mostly, this means getting innovative with deposit and payment products. Banks need to spend more resources to ensure their credit view is accurate. Now is that period.

Community Bank 195

Community Bank Capital Training Lending 195

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

MARCH 30, 2017

According to Graham Tasman, principal at Grant Thornton’s Business Consulting and Technology practice, this balancing act creates opportunity for service providers of the corporate finance function. Finding a solution to competing demands on the CFO presents an opportunity for innovation,” he said in a statement.

Analytics 100

Analytics Risk Management Management Data 100

Tomorrow's Transactions

JUNE 9, 2020

2020 has been dominated by the COVID-19 pandemic threatening our way of life, challenging our resourcefulness and resilience, on a global scale not experienced since the World War ended 75 years ago. Protect your people and other key resources at the heart of the operations – without them you are dead in the water.

Resources 82

Resources Risk Management Operations Regulation 82

Abrigo

DECEMBER 30, 2019

This is a must-have risk management concept. BSA compliance must be right-sized to fit each institution and its evolving risk. Ensure There Are Adequate Resources. Another aspect of this advisory is that leadership should provide adequate human and technological resources. Lending & Credit Risk.

Training 195

Training Compliance Leadership Fraud 195

FICO

JUNE 16, 2023

In case you didn’t get a chance to attend this year, here’s a recap of the top customer management experience themes and presentations. As technology continues to expand, so will the demand for emotional intelligence and emotional connection. The full Forrester presentation can be found at the FICO Resource Center.

Trends 52

Trends Management Customer Experience Resources 52

FICO

DECEMBER 8, 2022

Properly managed and strategized, the debt collections process can be an effective customer service asset and anti-attrition tool, in addition to being its classic role in portfolio risk management. Figure 1: Early-stage collections contact options and illustration of treatment prioritization by risk. Jim Patterson.

Risk Management 52

Risk Management Comparison Strategy Management 52