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Mazooma, Plaid Team Up To Advance Payments For iGaming, Sports Betting

PYMNTS

"Partnering with Plaid, Mazooma will maximize conversion for our merchant clients by making it even faster and easier for players to fund their accounts," Mazooma Chief Operating Officer Dave Roe said in the announcement. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009.

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4 challenges banks and credit unions are facing today

Abrigo

They may include: - Competing and conflicting interests: growth vs. risk - Disconnected processes, departments and technology - Little transparency into portfolio health over time - Lots of data, few actionable insights. “As Compliance staff may require certain operational processes that delay credit approval and impede competitiveness.

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

How do we elevate our credit and operational risk visibility to ensure capital preservation and demonstrate strength to stakeholders? Risk Management. Risk management was never out, but the level of investment and emphasis we saw during the early part of the 2008-2009 crisis lessened during the past four to five years.

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Reimagining the first line of defense with next-gen GRC

Insights on Business

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

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Russian Credit Health Keeps Rising

FICO

The base was set at 100 in July 2009, and it climbed until the end of October 2011. The biggest impact to the index came as Russian lenders and their customers embraced a new kind of credit product: the credit card,” said my colleague Eugene Shtemanetyan, who manages FICO’s operations in Russia. What happened?

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Adapt To Faster Payments With Enterprise Fraud Prevention

PYMNTS

million in 2009, before new and more sophisticated security measures took effect. ACI advocates that effective fraud prevention means firms must monitor cohesively across the channels in which they operate. .’s Faster Payments initiative, which traces its genesis to 2008, has seen fraud losses around online banking grow from £22.6

Fraud 100
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. In 2010, LendingClub added to its war chest with a $24.5

Lending 135