Insights on Business

JUNE 11, 2019

Compared to traditional data centers, I believe that cloud computing has several characteristics that make it an attractive platform for risk management. First of all, the compute requirements for risk management can vary over time.

Risk Management 87

Risk Management Management Examples Resources 87

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

Insights on Business

NOVEMBER 28, 2018

While other industries are moving beyond the use of the internet as a communications channel and deploying business applications on the cloud, most of the core banking applications still run inside company-owned and managed data centers. However, the cloud offers many compelling advantages over traditional technology platforms.

Risk Management 102

Risk Management Innovation Management Resources 102

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. About The Co-operative Bank. For more information, visit finastra.com.

Operations 68

Operations Strategy Innovation Policies 68

Perficient

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement. The Crypto.com hack exposes shortcomings of multi-factor authentication.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

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

ABA Community Banking

FEBRUARY 11, 2019

Envisioning a Future of Prevention Feature Technology Risk Management AML & Fraud Tech Management Security Operational Risk Cyberfraud/ID Theft Feature3 Fintech Compliance Compliance Management.

Meeting 72

Meeting Risk Management Compliance Fraud 72

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

PYMNTS

FEBRUARY 10, 2020

She will continue to report to Tom Gandre, executive vice president and chief operating officer. . “As As the nation’s premier payments credit union service organization [CUSO] and a leader in the credit union industry, PSCU is continuously looking for ways to meet and exceed the expectations of the credit unions we serve,” said Gandre.

Innovation 210

Innovation Leadership Washington Cards 210

PYMNTS

APRIL 26, 2017

A: We focus on innovating business value that meets business demand. At Kyriba we see technology as an enabler. Q: How would you define your company’s approach to innovation? For example, we are developing and testing blockchain solutions in order to deliver a value-added application to our customers when the solution is ready.

Risk Management 100

Risk Management Management Innovation Resources 100

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. He points out that the technology enabling mobile wallets is extremely complicated, making it “next to impossible for a bank to develop these wallets internally.” Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Operational risks transcend all departments of a bank.

Risk Management 40

Risk Management Management Operations Meeting 40

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Equiniti Eyes APIs for Risk Management. Bectran Augments Cash Application With API. Yet maturation is low.

Lending 194

Lending Risk Management Fintech Community 194

Perficient

FEBRUARY 10, 2021

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294

Software Innovation Company America 294

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

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

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. Automated risk management solutions can be helpful in theory.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

APRIL 12, 2016

Directors overseeing a bank’s operations are important partners in supervisory efforts, the FDIC noted in the article (“A Community Bank Director’s Guide to Corporate Governance: 21st Century Reflections on the FDIC Pocket Guide for Directors.”). Risk management culture What exactly is a risk management culture?

Management 150

Management FDIC Risk Management Community Bank 150

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

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. Many financial institutions have discovered firsthand how technology can boost efficiency and minimize the cost of the entire loan process from origination to closing.

How To 195

How To Lending Software Survey 195

Abrigo

APRIL 19, 2016

The Office of the Comptroller of Currency, recognizing the sweeping changes in technology and business practices that are affecting financial institutions, is recommending U.S. In a March 31 speech at Harvard University, Comptroller of the Currency Thomas Curry elaborated, noting that sound risk management practices are key.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

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

Abrigo

SEPTEMBER 1, 2020

Key Takeaways Most financial institutions have implemented technology to help handle Paycheck Protection Program (PPP) loans. Lenders leveraging that technology to provide SBA loans after PPP can add products, grow customers, and add portfolio stability. PPP drove major technology upgrades. Credit Risk Management.

Lending 195

Lending Risk Management Technology Survey 195

Insights on Business

AUGUST 6, 2019

But modernizing payment systems does much more than just meeting customer demands. Cost savings are possible as operations become more efficient. Data-driven analytics can provide both better performance and a deeper level of risk management and fraud control. Change in technology and organization required.

Payments 96

Payments Risk Management Innovation Analytics 96

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. It raised a $4.5M

Trends 95

Trends Puerto Rico Analytics Risk Management 95

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

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. A key aspect of the growth is the market dynamic that prefers multi-asset class trading and investment administration, simplifying front office operations, while meeting enterprise-wide best execution and financial control objectives.

New York 87

New York Software Capital Leadership 87

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. For instance, Coinbase can only offer about half the coins available on its platform to New York customers. dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

APRIL 21, 2023

So what exactly is continuous monitoring within the credit risk review function? Understanding the topic and current industry trends can help institutions meet regulatory requirements for credit risk review systems consistent with safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

PYMNTS

NOVEMBER 8, 2018

A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role. .

Analysis 116

Analysis Capital Survey Management 116

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. PYMNTS: What does a day in the life of a chief risk officer look like? At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports.

Risk Management 100

Risk Management Compliance Management Meeting 100

FICO

NOVEMBER 24, 2021

This involves operationalizing AI and predictive analytics to break down silos and become central to client operations. FICO’s win in the Innovation category for the fifth consecutive year highlights its commitment to innovation and developing technology that is relevant in today’s market.”.

Report 52

Report Analytics Company Innovation 52

Abrigo

DECEMBER 19, 2022

The whitepapers, checklists, and guides cover everything from regulatory guidance to operational considerations. Understanding cryptocurrency Crypto’s exponential growth, rising prominence, and high-profile risks make a baseline understanding of digital coins and blockchain technology imperative. From crypto to cannabis.

Resources 195

Resources Training Fraud Compliance 195

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

Abrigo

JULY 25, 2022

Takeaway 3 Ag lenders can take steps now to prepare for stronger ag loan demand so they can meet needs efficiently. Designing ag lending and credit operations for growth help meet customers’ or members’ needs more efficiently, with less stress on institutional resources, and most importantly, with the best experience for farmers and ranchers.

Lending 195

Lending Kansas City Kansas Resources 195

PYMNTS

JULY 8, 2020

He and Nitendra Rajput , Mastercard’s vice president of product development and head of the company’s “AI Garage,” said that in many cases, AI is the only way to scale up sufficiently to meet the challenges the company faces with fraud and other business issues. “It Using AI to Optimize Internal Operations.

Fraud 274

Fraud Management Risk Management Company 274