Perficient

MAY 27, 2022

As the center of the American financial landscape, it is probably not surprising that New York was the first state to implement regulations specifically designed to cover cryptocurrency activity. For instance, Coinbase can only offer about half the coins available on its platform to New York customers. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

FEBRUARY 13, 2019

Mastercard, the Purchase, New York payments company, announced Wednesday (Feb. Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. 13) that its chief financial officer is retiring.

Risk Management 128

Risk Management Virginia New York Leadership 128

CB Insights

AUGUST 12, 2021

Moody’s , an integrated risk assessment firm, has acquired RMS , a risk management solutions provider, for $2B. RMS: California-based RMS is a provider of climate and natural disaster risk modeling and analytics. The company has over 400 risk models that cover 120 countries. Who are the parties to the deal?

Analytics 66

Analytics Data Risk Management New York 66

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

Abrigo

OCTOBER 29, 2014

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. • Board risk parameters, adequacy of staffing, succession planning and audit. As a result, the OCC will focus on: • Identification, measurement, monitoring and control of interest risk rate.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Bobsguide

JULY 21, 2022

. • Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. The expansion has been accomplished through cross-selling products to existing customers and new client acquisition. Piuter Kogan, Global Head of Infrastructure : Based in New York. Paul is based in London.

New York 87

New York Software Capital Leadership 87

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. . New York City. 5:30 – 6:00 pm Keynote: Integrating Cybersecurity & Operational Risk to Meeting Regulatory Compliance. IBM Client Center. 590 Madison Avenue.

New York City 70

New York City Cyber Security New York Risk Management 70

Bobsguide

JULY 21, 2022

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.

Leadership 88

Leadership New Jersey America Capital 88

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. It will likely always be on your New Year’s resolution list; it is just a question of where. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient.

Community Bank 195

Community Bank Capital Lending Training 195

CFPB Monitor

NOVEMBER 10, 2020

In July 2020, the Federal Financial Institutions Examination Council issued a “ Joint Statement on Managing the LIBOR Transition.” ” The statement highlighted the financial, legal, consumer protection, and operational risks that will result from LIBOR’s expected discontinuation.

Regulation 78

Regulation FDIC New York Lending 78

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

Perficient

MAY 17, 2022

hit a record $734bn in 2021, according to data from the Federal Reserve Bank of New York. And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought.

Strategy 294

Strategy Customer Experience Study Technology 294

PYMNTS

APRIL 20, 2017

The message of the data on enterprise security is unmissable: Bbusinesses are facing more threats than ever before, from both within and outside of the enterprise, especially as operations become more digitized. He also pointed to heightened regulations that demand businesses mitigate third-party risk.

Risk Management 116

Risk Management Security Data Policies 116

PYMNTS

NOVEMBER 30, 2018

Operating in the enterprise cloud space as well, Wave Computing announced $86 million in funding this week for its AI technologies, enabling companies to take advantage of its data with deep learning capabilities. The New York-based firm offers an AI Service Intelligence platform targeting the manufacturing and services industries.

Capital 156

Capital Management Technology Operations 156

PYMNTS

OCTOBER 29, 2018

The firm, which provides an open platform that makes it possible for financial institutions (FIs) and businesses to access a variety of financial services, raised $44 million in an initial public offering (IPO) on the Nasdaq Stock Market in New York Thursday (Oct. The Chinese mainland market is a tough place to operate.

Lending 167

Lending Risk Management Data Marketing 167

PYMNTS

OCTOBER 25, 2019

Cybersecurity startup Firedome announced $10 million in new funding this week. Reports in VentureBeat said the company plans to use the investment to further develop a range of products designed to manage and boost visibility of procurement spend, improve supplier management, minimize purchase order volume via bundling features and more.

Capital 101

Capital Fintech blockchain Management 101

PYMNTS

JUNE 23, 2016

The bankruptcy process gives us the ability both to fix our balance sheet by reducing our long-term debt by more than 65 percent and reduce our annual occupancy costs, either through landlord negotiations or lease rejections, appropriately adjusting the fixed costs of operating our stores to better match the shifting retail landscape.”.

New Jersey 101

New Jersey New York Connecticut Retail 101

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says.

Community Bank 172

Community Bank Community National Philadelphia 172

Insights on Business

JUNE 18, 2018

Innovators and industry leaders across the marketplace will discuss the impact of technologies like artificial intelligence and machine learning and how they are being used to give security firms new insights from risk management to compliance. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. This post is not about climate change.

Lending 78

Lending Regulation Community National 78

PopularBank

JUNE 18, 2020

Above all, only a third of the businesses surveyed believed they could “remain operational for 3-6 months.” . . Under its “Full Phase 1” approach beginning May 18, Florida has permitted retail businesses, restaurants and food establishments, among others, to operate in limited capacity. 80% of businesses detailed slower sales .

New York 52

New York New York City Retail Survey 52

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

CFPB Monitor

AUGUST 22, 2016

Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Lisa Servon, Professor, The New School, New York University, New York, NY. Townsend Professor, Yale Law School, New Haven, CT. William Howle, Head of U.S.

San Antonio 60

San Antonio Kansas City Groups CA 60

Celent Banking

NOVEMBER 11, 2015

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Access controls and identity management. Systems operations and availability concerns. Data governance and classification.

Cyber Security 100

Cyber Security Regulation Security New York 100

Jack Henry

JULY 2, 2014

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

PYMNTS

OCTOBER 31, 2016

Red Sox fans here at PYMNTS vividly remember seeing a more unlikely turnaround when the New York Yankees managed to blow a three game lead in the ALCS, thus pulling off the biggest choke in the history of sports. billion was largely consumed by operating expenses, which climbed 29 percent to $32.1 And it could happen.

Data 100

Data Millennials Chicago Lending 100

FICO

JULY 1, 2022

A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City. Check out my post “ The Role of Data in Managing Fraud and Financial Crime Today ,” a recap of one of my FICO World breakout sessions.). Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil).

Fraud 52

Fraud Trends South Carolina Risk Management 52

Gonzobanker

DECEMBER 20, 2019

If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo. New York Community Bancorp selected Fiserv DNA. Might be time to. THE VENDOR AWARDS. Core Deal of the Year. It’s game on.

Idaho 148

Idaho Conference Data Marketing 148

Independent Banker

DECEMBER 31, 2021

will continue its mission to fund microloans to new small businesses in New York City’s low-income neighborhoods, says president and CEO Carlos P. Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Ponce Bank, a $1.5 Click to enlarge. It’s a struggle.”.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

AUGUST 3, 2016

According to an unnamed source speaking to The New York Post , teen brand Claire’s Stores is putting a good deal of eggs into the basket of high back-to-school sales. Even though trapper keepers and pencil cases have been replaced by laptops and iPads, back-to-school season still represents a kind of non-holiday shopping season.

Retail 100

Retail New York Operations Policies 100

CFPB Monitor

SEPTEMBER 21, 2015

Joshua Zinner, Co-Director, New Economy Project, New York, N.Y. New Community Bank Advisory Council members are: Jonathan T. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

PYMNTS

JUNE 14, 2017

“And so,” said Judge, “we said, let’s make it a starting point that we will authenticate cards and prove they are not counterfeit, using the terminals, but the whole business of authorization and risk management has to be some other way.”. The company then had to grapple with what information would be needed to generate a cryptogram.

New York City 115

New York City Metro Cards System 115

Gonzobanker

MARCH 25, 2016

Bridging new ideas with harsh industry realities, from the home office in Scottsdale, Ariz., Bad news : Let’s face it, the biggest innovation challenges right now aren’t new products, technology, and business models. The big challenges are culture and risk management. Let’s keep the conversation rolling.

Exercises 60

Exercises Innovation Risk Management Conference 60

Fintech Labs Insights

MARCH 8, 2017

FinDEVr New York will be here in just two short weeks! Envestnet | Yodlee Launches Suite of Risk Reporting Tools. Check out these previews from upcoming FinDEVr New York presentations: ChartIQ. OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks.

Miami 15

Miami New York Dallas blockchain 15

Fintech Labs Insights

FEBRUARY 17, 2016

We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Developer news: The Personal Finance Operating System. Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global. Register today. of its NoSQL database.

San Francisco 12

San Francisco New York Risk Management Fraud 12

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

CFPB Monitor

MAY 3, 2021

Separately, eight attorneys general representing seven states and the District of Columbia have filed an action in federal district court in the Southern District of New York seeking to set aside the rule.

North Carolina 60

North Carolina Lending National District of Columbia 60