PYMNTS

MAY 29, 2019

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. ” In 2017, an estimated 40 percent of financing requests from micro, small and medium-sized businesses (SMBs) were denied.

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

JANUARY 24, 2019

Dun & Bradstreet Global Head of Compliance and Supply Products Brian Alster said that, as the once-separate procurement and compliance efforts within organizations continue to converge, technology is going to play an increasingly critical role for businesses to manage the bombardment of risks, including fraud, non-compliance and cyberattacks.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

JULY 6, 2017

It’s been more than six months since the National Credit Union Administration (NCUA) issued its revised member business lending (MBL) rule in January 2017. The NCUA recently updated the Examiner’s Guide to include what it described as a clear framework for supervisory expectations for managing a commercial lending program.

Risk Management 170

Risk Management Lending Policies Management 170

CFPB Monitor

MARCH 9, 2020

On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.

Risk Management 78

Risk Management Data Management Compliance 78

American Banker

FEBRUARY 4, 2021

The enforcement action, which concerned deficiencies in the auto lender’s compliance risk management program, was the last remaining regulatory matter Santander had to resolve.

Risk Management 41

Risk Management Compliance Management Regulation 41

PYMNTS

NOVEMBER 26, 2019

First established in 2017 through LGB Corporate Finance , the MTN program offers loans to institutional, wealth management and private investors. This matching policy “is a key element of the group’s risk management and governance.”. SME market.”.

Lending 141

Lending Risk Management Policies Meeting 141

PYMNTS

MARCH 12, 2018

Austin Burkett, global head of Quant and Feeds at Thomson Reuters, said, “News and social media are driving the investment and risk management process more than ever with the continuing rise of passive and quant-driven trading.”. As bitcoin slid over the past few months, searches for “bitcoin” on Google declined, Bloomberg reported.

Bitcoin 102

Bitcoin social media cryptocurrency Austin 102

PYMNTS

MAY 17, 2018

The behavior under investigation took place in 2017 and early 2018 “as Wells Fargo was trying to meet a deadline to comply with a regulatory consent order related to the bank’s anti-money-laundering controls,” The Wall Street Journal said.

Data 145

Data Regulation Meeting Risk Management 145

Bobsguide

JUNE 14, 2022

Users will benefit from advanced treasury and risk management capabilities. This includes using methods such as Value at Risk (VAR), Potential Future Exposure, Valuation, and Delta to work out potential losses or exposures. Finastra adds Lozenge Analytics complex calculation capabilities to Fusion KTP for treasury customers.

Analytics 60

Analytics Risk Management Compliance Regional 60

William Mills

FEBRUARY 28, 2017

Major trade shows occur throughout the year, and it can be overwhelming to keep track of them all, which is why William Mills Agency has compiled its 2017 Trade Show Directory, which can be downloaded here. One is the 6th annual Bank Innovation 2017 , March 6-7 in San Jose, Calif.,

Strategy 40

Strategy San Jose Conference Indianapolis 40

Abrigo

SEPTEMBER 27, 2017

The hundreds of people attending the 2017 Risk Management Summit hosted by Sageworks heard from dozens of thought leaders in the financial services industry. The Sageworks Risk Management Summit is the industry’s leading life-of-loan conference, with topics spanning business development through portfolio risk in a CECL world.

Risk Management 150

Risk Management Management Denver Chicago 150

PYMNTS

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool.

Risk Management 134

Risk Management Survey Management Fintech 134

BankUnderground

JUNE 8, 2023

Can prudential regulators influence current climate-reporting levels just by announcing a future shift to mandatory reporting? These recommendations, published in 2017, are organised into four themes, beneath which are 11 more granular recommendations on the information to be disclosed.

Policies 97

Policies Groups Regulation US 97

Insights on Business

FEBRUARY 6, 2018

Banks around the world are continuing to be penalized heavily for their inability to meet with ever-changing and complex financial regulations. Regulatory fines imposed in 2017 alone proved this to us in many ways. Financial crimes go beyond just the monetary fines; the risk of accompanying reputational damages are hazardous as well.

Compliance 87

Compliance Analytics Boston Regulation 87

PYMNTS

MAY 17, 2018

The behavior under investigation took place in 2017 and early 2018 “as Wells Fargo was trying to meet a deadline to comply with a regulatory consent order related to the bank’s anti-money-laundering controls,” the Wall Street Journal said.

Data 100

Data Regulation Meeting Risk Management 100

Abrigo

MARCH 6, 2017

12) @RiskNet_RM – This online publisher provides news, analysis, research and event listings on all types of financial risks arising from trades, loans, regulation and cyber crime. It often Tweets columns tied to breaking news and statistics. It often Tweets columns tied to breaking news and statistics. Learn more here.

social media 150

social media Lending Community Community Bank 150

PYMNTS

JULY 4, 2018

The news comes almost two years after ThetaRay released predictions for banking security in 2017. Those included the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under anti-money laundering regulations.

Survey 101

Survey Risk Management Compliance Security 101

PYMNTS

DECEMBER 3, 2019

Lots of innovators come to market claiming they’re ready to explosively disrupt the status quo, but the number of products that actually do manage that kind of up-and-to-the-right adoption pattern are far fewer in number. When we asked in 2017 how many consumers have received an instant payment, the answer was a paltry 11 percent.

Payments 141

Payments Risk Management Industry Regulation 141

PYMNTS

APRIL 10, 2018

Regulators must keep clear heads and cannot be blindly optimistic,” the CBRC said in a report published in January. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”. . Better economic performance in 2017 has led to complacency amongst risk managers.

Risk Management 123

Risk Management Analysis Survey Report 123

PYMNTS

MAY 30, 2018

Alipay , Ant’s mobile payment and lifestyle platform, was processing 256,000 transactions per second at the height of 2017’s Single’s Day Shopping Festival. Also, Alipay has added two new third-party money market funds to its Yu’e Bao spare cash management platform within the Alipay app.

Risk Management 100

Risk Management Fintech User Experience Management 100

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. financial institutions, the FFIEC released new guidance and a Cybersecurity Assessment Tool for institutions to self assess their risks and determine their cybersecurity maturity.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

MARCH 28, 2018

billion in assets at the end of 2017. Last month, the Federal Reserve took an unprecedented step to prevent Wells Fargo from growing its assets until it improved its risk management. It doesn’t help that the New York Fed branch is massive, accounting for around $2.5 The San Francisco Fed had only $568.7

San Francisco 115

San Francisco Los Angeles New York Risk Management 115

CFPB Monitor

AUGUST 6, 2018

For example, it will highlight violations identified through supervision and examiner observations and provide practical steps for managing consumer compliance risks in coordination with similar FRB programs such as the Consumer Compliance Outlook and the Outlook Live webinar series. Mortgage Target Pricing. Small Dollar Loan Pricing.

Compliance 68

Compliance Risk Management Lending Training 68

PYMNTS

MAY 22, 2018

Among the speakers was Graham Taylor, Vodafone’s assistant treasurer, who emphasized the potential for PSD2 regulations to have a profound impact on corporate cash management and payments. According to reports in Global Finance , an estimated 1,100 corporate treasurers from across the U.K. and Europe gathered for the conference.

Fintech 122

Fintech Conference Survey Management 122

PYMNTS

APRIL 26, 2018

Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time. Today, supply chain and supplier risk management is a beast. Incoming regulations around the area of cybersecurity are also becoming a key focus for businesses.

Risk Management 136

Risk Management Management Compliance Regulation 136

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. To help in those efforts, regulators are requiring firms to improve their KYC programs with more detailed data and advanced analytics. This is changing, and 2017 should be the year when compliance breaks through the “cloud ceiling.”

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

JULY 13, 2018

The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. . However, we have to do manage our other risks, such as compliance and operational risk.” After the investigations began another 1.4

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

Tomorrow's Transactions

DECEMBER 19, 2016

A good enough score, I hope, to make our thoughts about 2017 worth at least a glance. Hello 2017. 2017 will see the emergence of the next generation of innovation in fintech that addresses risk management and regulation for the bank. From 2017 predictions | Business Analytics 3.0.

Mobile 30

Mobile Retail Trends Security 30

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. Using CB Insights data, we dug into deal and funding trends to regtech startups, 2013 – 2017 YTD (9/10/17). Startups are working to change how companies comply with regulation.

Compliance 46

Compliance Trends Software Capital 46

Insights on Business

AUGUST 2, 2018

By doing so, banks will be able to reap the full benefits of stress testing while satisfying the regulators that progress is being made. The range of practices report describes and compares supervisory and bank stress testing practices and highlights areas of evolution.

Risk Management 70

Risk Management Data Analytics Resources 70

FICO

DECEMBER 10, 2020

This is despite one-half of survey respondents reporting having strong model governance and management rules in place to support ethical AI usage. Prediction #3: Consumers Will Actively Manage Their Data. As pointed out in the report, "ensuring AI is used responsibly and ethically in business context is a huge, but critical task."

Analytics 98

Analytics Fraud Data Software 98

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. In fact, Brett Smiley, general manager of Americas for ComplyAdvantage , shared that only 3 to 5 percent of money laundering that happens around the world actually gets identified.

Compliance 111

Compliance Data Austin Management 111

Insights on Business

DECEMBER 12, 2017

Thousands upon thousands of often complex and intellectually challenging rules, regulations and policies that dictate the boundaries of how financial institutions behave. In June 2017, IBM and Promontory introduced a portfolio of solutions for regulatory compliance and financial crimes unlike anything else on the market today.

Compliance 70

Compliance Risk Management Groups Innovation 70

Jeff For Banks

NOVEMBER 1, 2017

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The overall forecast for GDP in 2017 is 2%. They are expected to raise the Fed Funds rate for a third time in 2017 by another 25 basis points in December, 2017. in September, 2017. What else is new?

Marketing 60

Marketing Taxes DC Community Bank 60

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. A Window Of Opportunity. Beyond Securities Transactions.

Security 100

Security Risk Management Conference Industry 100

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. 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. Do we also have a state regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

PYMNTS

APRIL 6, 2017

Phase Two, which will allow debit transactions on the same day, is planned for September 2017. While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate.

Resources 100

Resources Training Payments Regulation 100