PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. It can fully accommodate rapid business expansion and future needs for competitive Treasury management operations.”.

Risk Management 160

Risk Management Software Tools Management 160

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Transition risks are those caused by shifts in policy, consumer and business sentiment, and technologies in conjunction with necessary measures to limit climate change.

Risk Management 78

Risk Management Management Policies Operations 78

Insights on Business

JANUARY 3, 2019

For financial institutions, the benefits of moving away from legacy in-house systems to the cloud are obvious. To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Are there many regulatory requirements?

Analysis 195

Analysis Industry Risk Management Lending 195

Bobsguide

JULY 28, 2022

New York, 27 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth.

Operations 88

Operations New York Analytics Software 88

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 95

Operations Policies System Regulation 95

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

Perficient

SEPTEMBER 16, 2022

Concerned that crypto-asset-related activities pose risks related to safety and soundness, consumer protection, and financial stability, the Supervisory Letter also emphasized that FRB member banks and affiliates must have adequate systems and controls in place to conduct crypto-asset-related activities. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 107

Risk Management Fraud Management Survey 107

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 86

Operations System Groups Technology 86

Perficient

NOVEMBER 27, 2023

Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities. Diagnosing and Correcting Process Failures Despite the billions spent yearly to digitize processes, companies often are not operating at their maximum potential. what was done).

Industry 221

Industry Regulation Compliance Data 221

Perficient

JANUARY 31, 2022

One area mentioned by the company as an issue was a gap in its multi-factor authentication (MFA) system. The company did not specify whether hackers intercepted one-time passwords, whether Crypto.com’s system allowed transactions to go through without the passwords, or whether something else occurred.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Abrigo

OCTOBER 17, 2023

More recently, the OCC identified change management as one of its supervision priorities for the year ahead. Why change management helps banks and credit unions: Enhanced adaptability : Financial institutions are subject to numerous regulatory changes, technological advancements, and market fluctuations.

Management 195

Management Lending Risk Management Strategy 195

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

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management.

Regulation 309

Regulation Industry Risk Management Analysis 309

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

JUNE 11, 2020

A holistic pharmacovigilance system is not just adverse event cases entered into a database and endless line listings spit out for analysis. Technology plays a critical role in making this a reality. Remember the tenants of safety surveillance, but also the total risk management system.

Analytics 309

Analytics Risk Management System Analysis 309

Banking Exchange

OCTOBER 2, 2019

Proactive Threat Interference® provides protection not offered by other cybersecurity approaches Risk Management Risk Adjusted Technology Compliance Security Online Mobile Operational Risk Compliance Management Feature3 Feature Cyberfraud/ID Theft.

Security 60

Security System Risk Management Compliance 60

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

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

PYMNTS

JUNE 10, 2020

To help facilitate global small and medium-sized business (SMB) trade, Morgan Goodwin has linked its EdgeCTP digital trade technology with the WU EDGE system of Western Union Business Solutions. In separate news, Western Union teamed with Integral for Integral BankFX, a new risk management solution.

Risk Management 131

Risk Management Customer Experience Technology System 131

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Report 348

Report System Regulation Technology 348

Bobsguide

SEPTEMBER 19, 2022

PARIS, 15 September 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, today announced that Varenne Capital, a Paris-based, process-driven, global investment manager, has selected TradeSmart OEMS, TS Imagine’s Order and Execution Management System, to support its trading activities.

Capital 88

Capital Risk Management Management Operations 88

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Combining this technology with artificial intelligence (AI) can boost customer engagement and have innumerable benefits for FIs of all sizes and types.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

APRIL 26, 2017

At Kyriba we see technology as an enabler. Instead of operating like a programmer, the end user can use Kyriba like an iPad — the intelligence is built into the solution, and regulatory requirements and audit trails are all there so that reports can be generated automatically.

Risk Management 100

Risk Management Management Innovation Resources 100

South State Correspondent

MARCH 14, 2024

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

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. And, quite frankly, they’re struggling.

Leadership 155

Leadership Industry Management Resources 155

Abrigo

OCTOBER 10, 2023

While some financial institutions had already embraced remote options, many implemented emergency work-from-home policies during the pandemic, necessitating adjustments in loan review departments' operations. The system supports automated data import or offers a manual option, enabling seamless data transfer for effective due diligence.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

While some financial institutions had already embraced remote options, many implemented emergency work-from-home policies during the pandemic, necessitating adjustments in loan review departments' operations. The system supports automated data import or offers a manual option, enabling seamless data transfer for effective due diligence.

Training 195

Training Survey Resources Software 195

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.

Lending 194

Lending Risk Management Fintech Community 194

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws.

Risk Management 40

Risk Management Management Security Guidelines 40

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Banking Exchange

AUGUST 26, 2019

Machine-learning systems pour through petabytes of data to zero in on suspicious correlations Compliance Risk Management Technology BSA/AML Security Compliance Management Operational Risk Feature Financial Trends AML & Fraud Feature3 Payments.

Risk Management 74

Risk Management Compliance Fraud Trends 74

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

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

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