PYMNTS

JANUARY 16, 2018

“Over the 2017 holiday shopping season, merchants experienced significant growth in their digital channels, coupled with a substantial increase in fraud,” said Erika Dietrich, director of risk management for ACI Worldwide in a press release. Overall eCommerce spending on Thanksgiving Day was $2.87 billion, up 18.3

Fraud 145

Fraud Risk Management Online Customer Experience 145

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. In 2015, following a significant increase in nation state and hacktivist attacks on U.S. External Dependency Management. Cyber Incident Management and resilience. Cybersecurity Controls.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

APRIL 21, 2017

Or take payments company First Data, which acquired open source storefront platform Spree Commerce in 2015 in a significant show of support for open source technology. The possibilities for open source applications to impact corporate and B2B operations across eProcurement, financial management, payments and beyond are boundless.

Analysis 108

Analysis Software Security Compliance 108

PYMNTS

AUGUST 3, 2018

Launched in 2015, Hyas creates cybersecurity platforms out of billions of data points. Cyber risk is an escalating management priority, as the use of technology in business increases and the threat environment gets more complex,” John Drzik, president of global risk and digital at Marsh, said.

Survey 100

Survey Risk Management Capital Company 100

PYMNTS

SEPTEMBER 23, 2016

Securing IT infrastructure has reached a critical tipping point. According to new research, despite the fact that cybersecurity has captured the attention of the C-suite, many IT professionals still rate their companies very low when it comes to security practices and procedures. A survey of 287 U.S. A survey of 287 U.S.

Security 100

Security Survey Risk Management Management 100

Celent Banking

SEPTEMBER 3, 2015

Cash Management and Trade Finance. Security, Fraud and Risk Management. You can find the submission form here ; the deadline to submit your nominations is November 20, 2015. Digital Payments and Cards. Corporate Payments and Infrastructure Modernisation. Legacy Transformation.

New York 100

New York Risk Management Maine Fraud 100

Abrigo

OCTOBER 30, 2015

To help mitigate the increased credit risk, banks need to have appropriate risk management processes, including the ability to measure, monitor and control the risk, according to Curry. One area of credit risk that is concerning to the OCC is auto lending, which has been steadily growing in recent years.

Lending 150

Lending Trends Risk Management Community Bank 150

Abrigo

MARCH 29, 2017

During the webinar, McLaughlin explained that the two biggest challenges for audit firms lie within the tension of managing risk while creating more efficiency during the audit process. The goal is to do less work while managing an appropriate level of risk. Analytics can more effectively focus firm resources.

Analytics 150

Analytics How To eBook Fraud 150

PYMNTS

JULY 25, 2017

At 71 percent, as estimated by one secure payments processing firm, identity theft is the most common type of fraud. billion in suspected fraudulent payments that were good orders in 2015. . This is a certification given to retailers requiring advanced fraud and risk management smart technology for regular fraud checks. .

Fraud 120

Fraud Retail Cards National 120

PYMNTS

MAY 2, 2016

For instance, there’s the risk of a cyberattack. New data uncovers just how much money is lost due to these attacks, as well as how much money corporations plan to spend both on cloud security and Internet of Things security as the threat of cyberattacks continues to rise. Then, there is the risk of corporate lending.

Lending 100

Lending Security Fraud Regional 100

Insights on Business

JULY 18, 2017

In 2016, more than 4 billion data records were stolen or lost, a 556% increase over 2015. Even for banks highly focused on security and regulatory compliance mandates, important data continues to be vulnerable to external and internal attackers. Over the past few five years alone, 9 billion records have been breached.

Data 123

Data Compliance Security System 123

Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. For background, see “A New Tech Tool,” Independent Banker, October 2015.). Risk levels have a five-point range. By Ellen Ryan.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. For background, see “A New Tech Tool,” Independent Banker, October 2015.). Risk levels have a five-point range. By Ellen Ryan.

Tools 70

Tools Community Community Bank Security 70

PYMNTS

MAY 21, 2018

When PricewaterhouseCoopers released a report in 2015 that predicted the cyber insurance industry would see premiums triple in five years and reach at least $7.5 “The core issue,” explained Iram, “is that cyber-risk is highly dynamic, and there is a limit to how well historical data of old technology can predict future risk.

Company 101

Company Software Industry Technology 101

PYMNTS

MARCH 10, 2017

Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. On the other hand, around that same time the IRS released data showing that phishing and malware incidents in the 2016 tax season increased by 400 percent.

Taxes 144

Taxes Fraud Risk Management Data 144

Jeff For Banks

JUNE 2, 2023

between 2015 and 2022. To you, manage your interest rate risk. Before becoming desperate and trading interest rate risk for credit risk. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. Between 1941 and 1979, an average of 5.3 banks failed a year. Good times.

FDIC 78

FDIC Community Bank Regulation Lending 78

Fintech Labs Insights

NOVEMBER 18, 2014

I''ve got another installment or two in the pipeline, but since it''s already starting to feel like we are making our final descent into 2015, I wanted to take a step back and explain WHY those projects rose to the top. Consumers actually do gravitate towards one source if they believe it''s delivering value across disparate items.

Lending 30

Lending Mobile Online Digital Banking 30

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. million Series C round in April of 2010.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

MARCH 20, 2016

Since 2011, SoFi has funded over $6 billion in loans (through December 15, 2015). Like most marketplace lenders, SoFi claims a borrower risk rating system that is better than the FICO score. How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management?

Virginia 60

Virginia Risk Management Capital Comparison 60

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. These insights emulate relationship banking.

Community Bank 70

Community Bank Community Analytics Lending 70

CB Insights

NOVEMBER 21, 2019

The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Accounting and expense management. Included startups also have a CB Insights Mosaic score of at least 300.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

APRIL 14, 2016

CFOs securing the number two spot for the percentage reporting revenue gains (64 percent), European money managers are far more cautious about the coming year than their Latin American counterparts. Despite U.K. That doesn’t mean European CFOs are struggling across the board. Three-quarters of U.K. Global Trends.

Regional 100

Regional Survey Report Marketing 100

CB Insights

SEPTEMBER 22, 2017

At the current run rate, deals in 2017 are on track to hit a new high, while funding is on pace to grow 14% to nearly match record funding levels set in 2015. We define regtech as companies that focus on simplifying and streamlining compliance, risk management, reporting, data management, regulatory processes, filings, and more.

Compliance 46

Compliance Trends Software Capital 46

BankUnderground

APRIL 27, 2021

Repo transactions are vital for facilitating the flow of cash and securities around the economy. In doing so, repo markets support a wide range of investment and risk management activities for banks and other financial market participants such as pension funds. Importance of repo markets. Table 1: Identifying sign restrictions.

Marketing 107

Marketing Policies Regulation Analysis 107

FICO

MARCH 31, 2016

A panel of experts will discuss how an institution’s stress testing activities should go beyond just meeting regulatory compliance requirements and help to drive business planning and risk management policies. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

Independent Banker

FEBRUARY 24, 2016

The OCC’s 2015 “Survey of Credit Underwriting Practices” found, for the third consecutive year, that more banks are easing underwriting standards for commercial and retail loan products, than tightening. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well.

Community Bank 70

Community Bank Community Regulation Compliance 70

PYMNTS

MAY 5, 2016

More than 26,000 companies bit the bullet in Q1 2015, giving pundits reasonable cause to worry about the future solvency of the organizations that remained. Vestis Retail Group might not be a well-known name in retail, but the properties it manages — Eastern Mountain Sports, Bob’s Stores and Sport Chalet — most certainly are.

Retail 100

Retail Branding Denver Management 100

Fintech Labs Insights

DECEMBER 20, 2016

With 7,000 employees working in 22 countries in Europe, Asia, and the Americas, Arvato Financial Solutions will leverage NuData’s technology to “stop fraud, prevent attacks, and continuously verify good users,” said Arvato Financial Solutions President of Risk Management, Frank Schlein.

Security 12

Security Fraud Risk Management Technology 12

Banking 2020

FEBRUARY 3, 2015

National Security Agency (NSA) is closely working with its counterparts across the pond, the U.K’s Government Communications Headquarters (GCHQ) and the security service known as MI5 in a series of war games that will enable all parties to collaborate on building better defenses against cyber threats. The banking industry is at war.

Security 40

Security Risk Management Survey Course 40

Celent Banking

JANUARY 22, 2015

P2P lending has to be played in a (highly) regulated and complex environment where you need to understand what risk management is about. The Mexican regulator is expected to review the legislation to provide a better framework to operate P2P lending by August 2015, though he believes it will take some more time than that.

Maine 100

Maine Lending Regulation Risk Management 100

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. Bank project management offices.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

DECEMBER 5, 2017

The 12 firms, which include Ping An Insurance, Hiscox Holdings, and XL Group among others, have made over 100 investments in aggregate since the start of 2015. AXA formally launched its €230M ($244M) venture fund, AXA Strategic Ventures, in February 2015 and has since disclosed investments in 22 companies. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Jeff For Banks

APRIL 10, 2015

A New Year of Volatility 2015 ushered in a whole new season of volatility in the bond and stock markets. Weak demand for oil from struggling economies in China, Japan, Russia, and Europe, almost assures continued excess supply in 2015. So will the Fed raise rates in 2015? At least we are not in Boston. Only they know for sure.

Philadelphia 60

Philadelphia US Study Boston 60

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Loans under management were up, but so were loss reserves, which have doubled as unpaid balances have increased 57 percent.

Lending 100

Lending Apple Cards Study 100

Fintech Labs Insights

SEPTEMBER 3, 2015

The Sneak Peek series looks at the innovators demoing live on stage at FinovateFall 2015. Miles leverages his prior experience as a tech-centric securities and M&A attorney to craft technology-driven solutions to structural and process deficiencies in today’s financial infrastructure. Hyung Kim, Co-Founder, Financial Markets.

New York 12

New York Risk Management Conference Innovation 12

Fintech Labs Insights

JUNE 18, 2015

As a payments platform, WePay conducts business in a battlefield of daily security concerns. We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. Yet with the added control, the platforms must also take on varying degrees of heavy operational and risk management burdens.

Security 12

Security Payments San Jose Fraud 12

Independent Banker

DECEMBER 13, 2015

Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Today Security Federal Savings’ vehicle-lending portfolio has been reduced to $3 million.

Community Bank 70

Community Bank Lending Community Security 70