Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

FICO

JUNE 30, 2016

All three requirements highlight the need for financial institutions to ensure the quality of their risk data. Aggregation and effective use of this data are becoming key to meeting new compliance challenges, not to mention an opportunity to derive additional business value. The final CECL standard was issued on June 17, 2016.

Compliance 45

Compliance Management Data Risk Management 45

CB Insights

FEBRUARY 13, 2017

Deals to regtech startups have progressively risen over the last 5 years and hit a new high in 2016 with 99 deals (as of 12/31/16). Startups in this space are using technology to simplify and streamline compliance, risk management, reporting, data … Continued.

Compliance 32

Compliance Risk Management Data Management 32

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Data 195

Data Risk Management Resources Survey 195

ABA Community Banking

DECEMBER 7, 2015

Regulators will be more active, says KBW expert Management Compliance Risk Management Compliance Management Compliance/Regulatory.

Risk Management 40

Risk Management Compliance Regulation Management 40

Perficient

MAY 27, 2022

Maintaining a service provider oversight program to address risks to service provider relationships. How does the SEC Report impact investment managers looking to start and manage cryptocurrency hedge funds?

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

AUGUST 29, 2017

In addition, New York State passed strict anti-money laundering regulations in 2015, such as requiring a bank’s chief compliance officer to certify whether it upholds the systems outlined in the rule. It was not revealed what those breakdowns were. The Pakistan bank said it will “vigorously contest” the fine in U.S.

New York 102

New York Regulation Compliance United States 102

CFPB Monitor

OCTOBER 26, 2016

The CFPB has reissued its guidance on service providers which was formerly titled CFPB Bulletin 2012-03 , and as published in the Federal Register on October 26, 2016, is now titled “Compliance Bulletin and Policy Guidance 2016-02.” ”

Risk Management 60

Risk Management Policies Compliance Exercises 60

PYMNTS

APRIL 23, 2018

Users can also take advantage of integrated data from Lyft trips and payments for reporting, compliance, analysis and duty of care. Later this year, the companies also said they plan to integrate Lyft into GBT’s risk management and travel disruption tool Expert Care.

Compliance 117

Compliance Risk Management Management Analysis 117

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending.

Lending 83

Lending Report Regulation Policies 83

Abrigo

AUGUST 4, 2016

If you’re like many workers in corporate America, much of the formal training you receive is mandatory and compliance-related, as opposed to learning and development that can help you work more efficiently or easily. On the job, it’s the same way. The ALLL User Pre-Conference will take place Wednesday, Sept. 14 from 8 a.m. to 12:30 p.m.

Conference 150

Conference Groups Training Risk Management 150

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

JULY 6, 2017

Reports Wednesday (July 5) said the FSB released the results of a survey that found banks across the globe are reducing the number of correspondent banking relationships, used for cross-border payments, as they grow increasingly concerned about falling out of compliance with anti-money-laundering and other regulations.

Report 100

Report Compliance Regulation America 100

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. if necessary?

Cyber Security 70

Cyber Security Management Security Risk Management 70

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

PYMNTS

JULY 29, 2016

According to Technavio, the need to cut costs in the procurement process, modernizing indirect procurement processes, managing risk and automation are behind the forecasted 15.77 percent compound annual growth rate expected for this industry between 2016 and 2020.

Analytics 100

Analytics Risk Management Training Compliance 100

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

OCTOBER 10, 2018

billion via business wire fraud between October 2013 and December 2016, the FBI calculated. According to Mugford, fraud and regulatory compliance are a headache for banks and corporates regardless of payment rails used, but remain of paramount importance. Thieves attempted to steal $5.3

Fraud 116

Fraud Compliance Innovation Payments 116

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. Does it sound like “reality compliance”? The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity.

Compliance 70

Compliance Training Community Bank Regulation 70

PYMNTS

FEBRUARY 14, 2018

percent from 2016 to 2021. 2017 was the year of experimentation as enterprises realized both the benefits and challenges of blockchain,” said IDC Customer Insights and Analysis Research Manager Stacey Soohoo in a statement, according to Cryptovest reports this week. Spending on blockchain technologies will ramp up to $9.2

blockchain 111

blockchain Compliance Mobile Technology 111

CB Insights

SEPTEMBER 22, 2017

That 2017 is shaping up to be a big year for regtech is not surprising, considering the macroeconomic drivers affecting the space — including the increasing demands of the regulators and the large volume of regulation that companies are required to be in compliance with. RegTech Trends. ANNUAL FINANCING TRENDS.

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

OCTOBER 1, 2018

Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The build-back from the revelations of 2016 was a bit more of a lengthy process. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

Insights on Business

AUGUST 2, 2018

It is clear that banks need to act to improve their capabilities for risk data aggregation across the enterprise.

Risk Management 70

Risk Management Data Analytics Resources 70

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). Global digital payment volume is slated to hit a new high this year of 426.3 billion transactions. Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years.

Report 100

Report Payments blockchain Security 100

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. “FinTech continues to be at the forefront of innovation, and that requires equally innovative RegTech solutions for risk management, security, and fraud,” Zac Cohen, Trulioo General Manager said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

CFPB Monitor

AUGUST 22, 2016

In January 2016, the CFPB published a notice in the Federal Register soliciting applications from individuals interested in becoming members. Dion Kidd Johnson, President, Chief Operating Officer and Chief Risk Officer, Western Bank, Alamogordo, NM. Harrigan, Chief Risk Officer and General Counsel, Service Credit Union, Portsmouth, NH.

San Antonio 60

San Antonio Kansas City Groups CA 60

BankUnderground

JUNE 25, 2020

There is a global market for these vendors, and a wide range of functions are provided, especially back-office functions such as HR and accounting services, as well as specialised risk management and product development activities. Risks from barriers to cross-border flows of financial data.

Data 110

Data Big Data Regulation Risk Management 110

Abrigo

SEPTEMBER 22, 2021

Goal: clarity around purchased assets with credit deterioration ASU 2016-13 was intended to simplify accounting related to those financial assets that experience credit deterioration after their acquisition. Portfolio Risk & CECL. Peer Identification for CECL and Other Credit Risk Applications. Portfolio Risk & CECL.

Security 195

Security Examples National Report 195

Independent Banker

JANUARY 28, 2016

Anticipating safety and soundness exam issues in 2016. As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Regulators issued a statement with reminders about prudent risk-practices related to concentrations in commercial real estate lending.

Community Bank 70

Community Bank Community Regulation Lending 70

NCR

JANUARY 9, 2017

While they have faced macroeconomic headwinds, UAE banks have managed to achieve something that many of their counterparts in other countries are striving for: customer satisfaction. Prices recovered to nearly $51 by the end of 2016. It’s a significant change that financial institutions around the world must prepare for.

Innovation 40

Innovation ATM Industry Trends 40

Fintech Labs Insights

DECEMBER 7, 2016

Fiserv launches Prologue Risk Manager to streamline and simplify compliance. The Beast Apps introduces comprehensive MiFID II compliance integration solution, Minotaur. Heckyl wins Government of Ontario’s Next Big Idea 2016 contest. Around the web. Scalable Capital launches Android App in the U.K.

Austin 12

Austin Compliance Risk Management Taxes 12

Independent Banker

FEBRUARY 24, 2016

Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. Community banks that are growing their CRE lending will be a focus of examination activity in 2016, adds the regulatory statement.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

APRIL 6, 2017

The association’s membership includes banks, savings institutions and credit unions, and its services include training around using ACH, regulations, risk management and cybersecurity, among other services. local time after Same Day ACH Phase One rolled out in September 2016.

Resources 100

Resources Training Payments Regulation 100

Fintech Labs Insights

OCTOBER 19, 2016

After watching two days of live presentations from fintech innovators from around the world, the attendees at FinDEVr Silicon Valley 2016 have made their preferences plain. Alloy for its software solutions that help financial services companies conduct KYC/AML, risk management, and maintain continuous compliance.

New York 12

New York Risk Management Conference Apple 12