Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. according to the latest figures from the IRS, which monitors and regulates such organizations. There are approximately 1.56 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. But what makes an exceptional BSA Officer?

Training 221

Training Compliance Regulation Software 221

CFPB Monitor

JANUARY 28, 2019

Last Friday, the CFPB announced several changes in senior leadership. Fiene has more than 31 years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations. Fiene joined the CFPB in 2011.

Leadership 60

Leadership Boston Policies Regional 60

PYMNTS

APRIL 1, 2019

Now the question is what will happen to the bank that has new leadership in place but still faces its spate of scandals and a cap on its asset size, courtesy of the Federal Reserve. In one example, as noted by CoinDesk, Pakistan is mandating regulations for the crypto space. The chorus was led by Democrat Rep.

Regulation 183

Regulation cryptocurrency Leadership Report 183

PYMNTS

APRIL 1, 2019

Senate passed a bill broadening the SBA’s authority over its Small Business 7(a) loan program that would strengthen its credit risk management office, enhance the SBA’s oversight of lenders and enable full-risk analysis of its small business loan program.

Leadership 116

Leadership Policies Risk Management Analysis 116

Abrigo

AUGUST 7, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 A safe and sound financial institution is adequately staffed, but when staffing needs arise, it can be challenging to bridge the gaps.

Training 195

Training Fraud Leadership Resources 195

Perficient

SEPTEMBER 16, 2022

The letter highlighted mandatory compliance with the following federal regulations: The Bank Holding Company Act. Additionally, the Federal Reserve’s Supervisory Letter also encourages financial institution executives to notify their state regulators prior to engaging in any crypto-asset-related activities. The Home Owners’ Loan Act.

Compliance 275

Compliance Risk Management System Regulation 275

CFPB Monitor

FEBRUARY 8, 2021

The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs. Mr. Cordray expects Mr. Uejio to put the CFPB on a path that is more in line with the agency’s vision for carrying out its mission that prevailed under Mr. Cordray’s leadership.

Leadership 78

Leadership Lending Groups Policies 78

PYMNTS

JANUARY 29, 2021

Germany Finance Minister Olaf Scholz said the agency needed new leadership after months of intensifying criticism over the agency’s handling of Wirecard. . Wirecard, the global supplier of electronic payment and risk management services, collapsed in June owing creditors nearly $4 billion.

Regulation 141

Regulation Leadership Risk Management Fraud 141

South State Correspondent

APRIL 15, 2024

Lesson 2: Leadership Matters Jamie Dimon cites military decision making referring to the term OODA loop (observe, orient, decide, act) that we have written about HERE. Road trips, client meetings, briefings, and visits to call centers, branches, and regulators allow leaders to observe and assess the bank and the market.

Community 195

Community Community Bank Leadership America 195

Independent Banker

FEBRUARY 24, 2015

ICBA convention keynote speaker Carly Fiorina, a former Hewlett-Packard chief, shares her perspective on business innovation and leadership. She shared her perspective and experiences with Independent Banker, including how community bank leaders can succeed in a highly competitive and regulated business environment. Photo by Timothy D.

Leadership 70

Leadership Community Bank Community Industry 70

PYMNTS

JULY 25, 2018

The leadership situation at the Consumer Finance Protection Bureau (CFPB) has been something of a complicated story since original Director Richard Cordray stepped down last fall. So ends that leadership battle for the CFPB. The nation’s leading consumer financial regulator is not an entry-level job.”

Leadership 100

Leadership Los Angeles Policies Texas 100

CFPB Monitor

MARCH 18, 2021

In its third lawsuit filed under the leadership of Acting Director Uejio, the CFPB, earlier this week, sued Student Loan Pro (SLP), a student loan debt relief company, its owner, and its manager, for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act.

Company 78

Company Management Leadership California 78

Abrigo

OCTOBER 11, 2014

More than 140 bankers and industry experts from over 30 states gathered in Nashville, Tennessee last month for the 3rd annual Risk Management Summit hosted by Sageworks. Many are feeling added pressure from their regulators, and one attendee mentioned the “stress testing ideas and requirements were beneficial.

Risk Management 191

Risk Management Management Nashville Leadership 191

PYMNTS

JANUARY 10, 2019

Reports at the time said the company had looked to overhaul its management team after difficulties in shifting with a new model of how it collected payments from borrowers. .” CAN Capital has endured highs and lows throughout its years of operation. In 2016, the company placed its then-CEO Daniel DeMeo on a leave of absence.

Capital 134

Capital Leadership Customer Experience Lending 134

Perficient

SEPTEMBER 11, 2023

By the time people started speaking of Y2K , regulators were accepting documents from the bank prior to starting the onsite examination. Our financial services expertise , blended with our digital leadership across platforms and business needs, equips the largest organizations to solve complex challenges and compliantly drive growth.

Compliance 221

Compliance FDIC Tools Leadership 221

Jeff For Banks

APRIL 15, 2012

In his "real life", he is a sales manager for a pharmaceutical company. One form of training I fondly recall from my Navy days was Navy Leadership Development school, or NAVLEAD. The commander, however, worked for a large company and said they do incorporate leadership, management, and supervisory training to employees.

Leadership 81

Leadership South Carolina Training Community 81

Insights on Business

MARCH 12, 2019

During these discussions people often ask “How do other organizations manage this process? On the 23rd of May at 8 Fenchurch Place in London, IBM will be hosting the 2019 IBM Sales Performance Management Summit London where these questions and more will be answered. 2019 IBM Sales Performance Management Summit London.

Management 102

Management Leadership Analytics Community 102

Perficient

AUGUST 14, 2020

Managing Dynamic Events. Health systems must respond in real time in order to manage the current needs of the patient. Evolving Regulations – Each state has their own guidelines for managing this health crisis. Our environment is constantly changing.

System 519

System Analytics Strategy Guidelines 519

Independent Banker

AUGUST 31, 2022

In today’s intense regulatory landscape, compliance extends to every aspect of banking, so much so that no one person or team can be solely charged with managing a bank’s compliance requirements. Managing compliance is a role that community bankers take more seriously than any other segment of the financial services industry.

Compliance 177

Compliance Community Leadership Industry 177

PYMNTS

JANUARY 21, 2020

Global Economics Group (GlobalEcon) has branched out in China with the opening of an office in Shanghai, its second location in the country, the economic management consulting firm announced on Tuesday (Jan. Vanessa Yanhua Zhang, and is also comprised of economic experts, senior economists, professional associates and managers.

Analysis 130

Analysis Boston Chicago New York 130

Abrigo

JUNE 14, 2021

Management commitment As with any compliance program, one of the most important aspects of a strong SCP is a “culture of compliance,” from the top, to the middle, to the front line. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors.

Compliance 370

Compliance Training Resources Policies 370

Abrigo

NOVEMBER 2, 2021

The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance. He stated that "…(regulators) should talk to (banks) about the risks that they run within their institutions and jurisdictions if an AML compliance culture is not fostered.

Compliance 195

Compliance Regulation Resources Policies 195

Abrigo

FEBRUARY 10, 2023

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. Introduction Corporate Transparency Act guidance FinCrime professionals have been on high alert for new regulations since the Anti-Money Laundering Act of 2020 (AMLA) was signed into law, but updates have been slow to arrive.

Fraud 195

Fraud Training Regulation Compliance 195

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time. External Dependency Management.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

SEPTEMBER 10, 2018

state regulators eye tech regulation, Alibaba readies for a leadership change and convenience stores rethink loyalty. US State AGs Mull Tech Regulation. Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive.

Payments 100

Payments Leadership Regulation Resources 100

CFPB Monitor

FEBRUARY 17, 2021

He stated that “senior leadership of these companies can expect to hear from me.” companies regulated by the CFPB appear to take consumer issues reported to the Bureau seriously, and if any are slow to respond, it would be a small fraction of only 3% of CFPB-regulated entities. Based on that statistic, U.S.

Regulation 78

Regulation Study Community Leadership 78

FICO

JANUARY 25, 2022

The technology of advanced decision management is changing rapidly, as businesses worldwide pursue automated, analytics-powered decisions as an essential part of their digital transformation. This has allowed us to manage our credit policy with a single underwriting team, and yet allow for local market risk needs.”.

Management 52

Management Analytics Survey Data 52

Abrigo

JUNE 2, 2021

The guidance emphasizes a risk-focused approach to examinations and refocuses the regulators to scope each exam according to the unique financial institution, not to use a one-size-fits-all approach. This includes compliance from top, to middle, to frontline leadership. BSA Rules and Regulation. BSA Rules and Regulation.

How To 195

How To Training Compliance Policies 195

PYMNTS

APRIL 21, 2020

Ajay Bhalla, Mastercard’s president of cyber and intelligence solutions, said it was the responsibility of current leaders to be on top of the current landscape and to keep customers’ information safe, protect against any risks and make sure regulations are in place.

Course 246

Course Online Leadership Analytics 246

PYMNTS

SEPTEMBER 27, 2019

Bertrand Perez, the managing director of the Geneva-based Libra Association, an independent organization meant to oversee Facebook’s proposed digital currency, said that due to regulatory issues, the cryptocurrency might not be released by June of 2020 as proposed. When we (made) the announcement in June, that was our North Star,” Perez said.

cryptocurrency 128

cryptocurrency Regulation Leadership Bitcoin 128

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. CRE Lending.

Lending 195

Lending Data Regulation Community 195

CFPB Monitor

AUGUST 5, 2021

To further its ongoing diversity, equity, and inclusion (DEI) efforts, the New York State Department of Financial Services (DFS) announced an initiative to collect and publish diversity data on the demographic makeup of NY-regulated financial institution’s boards and senior management teams.

Data 78

Data New York Leadership Industry 78

BankBazaar

MAY 7, 2024

Our focus on forging meaningful partnerships with solutions that are fully compliant with co-brand Credit Card regulations has positioned us well to leverage this growth phase in the industry.” 50 crore in two independent debt financing rounds led by Tata Capital and Nuvama Asset Management.

Branding 78

Branding Cards Fintech Leadership 78

Insights on Business

NOVEMBER 16, 2016

Most people who know the name Branch Rickey know him as the president and general manager of the Brooklyn Dodgers who played a key role in helping Jackie Robinson break the Major League Baseball color barrier in 1947. In fact, design is central to our mission of helping wealth management firms innovate in an era of digital disruption.

Innovation 117

Innovation Management User Experience Leadership 117

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. But fear not, compliance-conscious compadres.

Compliance 109

Compliance FDIC Strategy Fintech 109