Perficient

FEBRUARY 27, 2023

Among the automated services impacted, we may find authorization services, posting and reconciliation processes, settlement timelines, and even notifications and reporting – just to name a few. With all this considered, key strategic topics like buy vs. build, risk, and operational readiness cannot be ignored.

North Carolina 275

North Carolina Charlotte Payments US 275

Abrigo

MARCH 24, 2023

Has your credit union started your annual process for updating your anti-money laundering/countering the financing of terrorism (AML/CFT) risk assessment? The evaluation process can be daunting, but it doesn't have to be with guidance from the Federal Credit unions Examination Council (FFIEC).

Fraud 195

Fraud Compliance Examples Analysis 195

CFPB Monitor

MAY 3, 2022

The Guidance emphasizes “the importance of blockchain analytics to effective policies, processes, and procedures, including, for example, those relating to customer due diligence, transaction monitoring, and sanctions screening.”. Conducting Transaction Monitoring of On-Chain Activity.

Analytics 147

Analytics Compliance blockchain Policies 147

Abrigo

OCTOBER 16, 2023

In a 2023 Financial Crime Enforcement Network (FinCEN) consent order for a gap institution, Kingdom Trust Company, a critical finding was that the trust company had no transaction monitoring or AML program for reporting suspicious activity reports (SARs). This will prepare you for any future disasters that interrupt your business processes.

Training 221

Training Compliance Fraud Policies 221

Abrigo

MAY 20, 2022

Takeaway 2 The survey topics included fraud prevention tools, frustrations with tools, and what enhancements users would like to see. The survey topics included fraud prevention tools, pain points and frustrations, and what enhancements users would like to see integrated within their current fraud solutions. Combining Programs.

Trends 195

Trends Fraud Training Survey 195

PYMNTS

JULY 8, 2020

Their co-pursuit of QR code standardization has created a consortium of platforms processing such transactions using a unified standard in Asia. Meanwhile, Walmart has modified its Walmart Pay app to seamlessly process QR codes and go totally touchless post-COVID.

Apple 293

Apple Mobile America Marketing 293

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Regulators have determined there are five top hot topics that institutions should expect during their next exam: Risk-Based Focus: This is the most important aspect of an upcoming exam. Fraud Prevention. Learn More.

Regulation 195

Regulation Fraud Compliance Lending 195

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Regulators have determined there are five top hot topics that institutions should expect during their next exam: Risk-Based Focus: This is the most important aspect of an upcoming exam. BSA Rules and Regulation. Learn More.

Regulation 195

Regulation Fraud Compliance Trends 195

Abrigo

OCTOBER 16, 2023

In a 2023 Financial Crime Enforcement Network (FinCEN) consent order for a gap institution, Kingdom Trust Company, a critical finding was that the trust company had no transaction monitoring or AML program for reporting suspicious activity reports (SARs). This will prepare you for any future disasters that interrupt your business processes.

Training 195

Training Compliance Fraud Policies 195

PYMNTS

MARCH 17, 2020

A dramatic decline in B2B transactions globally has leaders considering how to move forward, according to data from Tradeshift announced in a press release. Tradeshift, which handles trade transactions for 1.5 million businesses in 190 countries, has data showing cross-border transactions slowing down by 58 percent since last week.

Maine 151

Maine How To Data Payments 151

Abrigo

DECEMBER 28, 2022

Most-read blogs on financial crime in 2022 Synthetic ID fraud, AML quality control, and SAR writing topics were among Abrigo's top blogs on AML/CFT and fraud this year. . Takeaway 2 BSA pillars and board training are some topics found in Abrigo's top blogs for FinCrime professionals. AML/CFT hot topics for 2023: Are you prepared?

Fraud 195

Fraud Training Compliance Regulation 195

PYMNTS

NOVEMBER 23, 2020

As eateries from quick-service restaurants (QSRs) to fast-casual, fast food and even fine restaurants reinvent their processes, touchless smartphone apps have evolved years in a matter of months, catapulting mobile order-ahead (MOA) into a tech-driven future state – and AI is lighting the way. Advanced AI Makes Systems Smarter.

Mobile 289

Mobile Boston Fraud Colorado 289

Abrigo

FEBRUARY 14, 2023

According to the proposed rule, any entities that have originated at least 25 “covered credit transactions” for small businesses in the previous two calendar years fall under the rule’s requirements. $5 What is a “covered" credit transaction? Which credit transactions are excluded? What data must be collected?

Data 195

Data Lending Compliance Resources 195

PYMNTS

AUGUST 27, 2019

26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion for corporate clients. In a press release , Citi said the CitiConnect platform has processed more than 157 million API calls since its November 2016 launch. Citi announced on Monday (Aug. ”

Regional 158

Regional Resources Payments Tools 158

Perficient

DECEMBER 8, 2020

Everything is transactional and short-term in nature. The work starts before you film the video with raw keyword research to identify topics in high user demand. Start by doing keyword research the same way you would for Google (using your favorite keyword research process). People search for anything, including videos.

Video 520

Video Google Study Examples 520

Abrigo

JUNE 23, 2023

For any financial institution, managing, processing, and analyzing data requires a dependable system to help you make sense of the information you’re gathering and use it to optimize operations. Performance impact: Data warehouses require significant processing power and storage, which can impact the performance of operational systems.

Data 195

Data Lending System Management 195

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements.

Retail 228

Retail Management Fraud Omaha 228

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. WATCH Takeaway 1 Scope and depth are useful evaluation benchmarks for your financial institution's loan review process.

Lending 195

Lending Training Guidelines Policies 195

Abrigo

JUNE 2, 2021

Takeaway 3 BSA exam plans should include a review of the common themes and hot topics showing up in recent examination criticisms. Are processes and practices applied to current procedures? Is all BSA relevant data available for accurate transaction monitoring? Hot BSA exam topics. Review Regulatory Material.

How To 195

How To Training Compliance Policies 195

PYMNTS

NOVEMBER 27, 2020

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Phone Call For You. Phone Call For You.

Security 269

Security Study Mobile Data 269

Abrigo

MAY 19, 2023

Policy guidelines usually include a written description of the overall credit grading process and establish responsibilities for the various loan review functions. These experiences help candidates understand the dynamics of commercial relationships and the interplay between lenders and the credit approval process.

Training 195

Training Lending Risk Management Guidelines 195

Perficient

FEBRUARY 1, 2021

By automating the initial research process for car-buying customers, chatbots can help them narrow their search and get them closer to purchase. By automating the leasing process, automotive companies can help customers more seamlessly understand their options and take action. Sales and Marketing. Simple Questions. Payment Options.

Strategy 409

Strategy Branding Online Marketing Strategies 409

Abrigo

MAY 20, 2022

This is, of course, assuming that the bank employs a model for BSA/AML transaction monitoring, as some manual monitoring processes don’t meet the definition of a model. Regulatory agencies have shifted resources and attention to assessing how institutions model their transaction monitoring and high-risk customer management programs.

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

AUGUST 19, 2020

Update your spike or anomaly scenarios to detect increases (or decreases) in aggregate transactions. Now more than ever an institution’s transaction monitoring should be robust enough to detect these bad actors and protect both the institution and its customers/members. Spike or Anomaly Scenarios.

Fraud 195

Fraud System Trends Software 195

PYMNTS

MAY 24, 2017

With Nasdaq, the tool will provide an “end-to-end transactional process for private securities,” reports explained, offering companies a way to make global payments via CitiConnect for Blockchain and Nasdaq’s WorldLink payment solutions, offered via its Linq portal.

blockchain 100

blockchain Payments Tools Technology 100

PYMNTS

OCTOBER 10, 2019

Real-time payments are currently among the hottest trends and topics in the payments industry — a source of significant investment and regulatory attention, as financial institutions and other players strive to meet consumer demand for faster money movement. That’s a huge benefit.”. Pull Payment Trends. Pull payments fill a different role.”.

Payments 202

Payments Cards Trends Security 202

FICO

MAY 5, 2022

How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. Transaction data can help increase the speed and accuracy of lending for banks. Transaction Analytics – Why Now? Here’s a preview.

Analytics 52

Analytics Lending Conference Data 52

PYMNTS

MARCH 21, 2019

Her observations cover a wide range of topics, but among the main themes is to look beneath the surface of technology, processes and innovation ideas. Mercateo said Wirecard provides a custom accounts solution as well as same-day payment processing for transactions on Mercateo Unite. B2B Payments. Not Just Faster.

Innovation 178

Innovation Fintech Video Payments 178

Celent Banking

JUNE 23, 2016

In contrast, corporate treasurers have seen little “flattening” of cross-border payment processing since SWIFT was introduced in the 1970s, with the exception of intra-EC euro-denominated payments. This trend has continued, despite the global recession that followed a few years after his book was published.

Payments 100

Payments Trends New York Regional 100

PYMNTS

JUNE 5, 2018

Since its rollout, Citi has processed more than 18 million API calls for account balance inquiries, payment initiation and payment status, the company said in an announcement. APIs allow us to better manage the large volume of payments for our business and achieve critical, straight-through processing with reduced resources.”

Resources 153

Resources Industry Tools Strategy 153

PYMNTS

MARCH 19, 2019

Is there a hotter topic — a buzzier buzzword, one might term it — than cashless? Yet, through an evolutionary process, “we’ve become good, over time, at mitigating those risks and exploiting opportunities,” and even counting the speed bumps. That’s especially true for corporate and B2C transactions, he said.

Data 216

Data Payments United States System 216

PYMNTS

DECEMBER 5, 2018

Now, that work is helping to guide the changes going on in the world of charity and nonprofits, changes that involve payments and the nature of funding, while also offering a glimpse of how commerce and online transactions could be developed in the coming years. Such a process can lead to online amplification for the charitable cause.

social media 187

social media Online Maine Payments 187

PYMNTS

FEBRUARY 5, 2020

The ability to integrate natural language processing technology into our customer service offerings allows Citi to deliver a consistent, fast and still personalized client experience,” said Karen Young, the North American head of client operations for Citi Commercial Cards, pointing to shifting demands for commercial cardholders. “One

Cards 134

Cards Payments Analytics Data 134

PYMNTS

DECEMBER 27, 2019

B2B payments innovation continued to heat up in 2019, with an ecosystem focused on transaction speed and data integration finding new opportunities to build innovative solutions that address some of the biggest B2B payment friction points. According to Ricaurte, this shift will continue into 2020. An AP problem is someone else’s AR problem.

Payments 132

Payments Innovation blockchain Technology 132

PYMNTS

NOVEMBER 19, 2020

Alabama-based digital experience platform provider DeepTarget , for example, released several machine learning (ML) algorithms designed to help CUs and community financial institutions (FIs) boost customer service, process more transactions and open more accounts. How Tapping AI and Automation Could Help CUs Meet Members’ Needs.

Alabama 228

Alabama Meeting Fraud Trends 228

PYMNTS

MARCH 15, 2019

The ideal, most would likely say, is a payment experience that requires a consumer to basically do nothing, to take no hard steps to complete a transaction once a purchase is decided upon. High-end and low-end transactions are differing experiences,” and that impacts payments, for instance. That may seem obvious, even trite.

Payments 195

Payments Online Fraud Operations 195