Abrigo

JANUARY 27, 2020

The National Credit Union Administration (NCUA) has been working on their share of goal setting, as they have released their 2020 supervisory priorities for credit unions, regulation updates, and the agency’s modernization programs. “We Strengthen credit risk by improving underwriting. BSA Rules and Regulation. financial system.

Risk Management 195

Risk Management Regulation Management Report 195

Insights on Business

FEBRUARY 15, 2018

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Learn more about and register for IBM Think 2018 here.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

Insights on Business

JULY 23, 2019

Security and risk management professionals within financial organizations can be overwhelmed with the rising cost and pressure of regulatory change management and mitigating associated risks. What they are actually looking for is a solution that supports an integrated approach to risk management.

Risk Management 87

Risk Management Compliance Management Software 87

PYMNTS

JANUARY 24, 2019

Automated risk management solutions can be helpful in theory. The lack of knowledge, training and clear policy can expose an organization to more risks, considering the changing nature of global regulations and threats. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

Insights on Business

DECEMBER 12, 2018

Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. Stories of improper conduct, and new regulations on data protection and privacy such as GDPR, continued to dominate the business headlines, moving from water-cooler conversation to “what about us?”

Innovation 111

Innovation Compliance User Experience Regulation 111

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

PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.”

Management 145

Management Risk Management Survey Security 145

Insights on Business

JULY 23, 2019

Security and risk management professionals within financial organizations can be overwhelmed with the rising cost and pressure of regulatory change management and mitigating associated risks. What they are actually looking for is a solution that supports an integrated approach to risk management.

Risk Management 70

Risk Management Compliance Management Software 70

CFPB Monitor

NOVEMBER 2, 2020

In September 2018, the agencies issued an “ Interagency Statement Clarifying the Role of Supervisory Guidance.” The proposed rule would codify the Statement, with clarifying changes, as an appendix to a new subpart added to the regulations of each agency.

FDIC 78

FDIC Regulation Compliance Risk Management 78

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. It is likely that regulators will soon ask banks to come up with a plan.

Conference 195

Conference Payments Fraud Data 195

Insights on Business

MARCH 19, 2018

Up to 200 regulatory changes occur every day, varying from large scale regulation like Dodd Frank, to minute changes to the font and size of footnotes in regulation text. Managing and processing numerous sources in numerous formats is a maddening position for a compliance professional to be in.

Compliance 135

Compliance Meeting Regulation Comparison 135

Abrigo

SEPTEMBER 10, 2021

The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations. BSA continued to evolve into an even more significant endeavor with the 2018 passing of the customer due diligence final rule and beneficial ownership requirements.

Training 195

Training Risk Management Pennsylvania Resources 195

Insights on Business

JANUARY 22, 2018

As we enter a new year, uncertainty in the risk and compliance landscape is as evident as ever. The amount of regulations and pace of change continues to be overwhelming. Topics that will be discussed are: How will FinTech innovation shape the compliance and risk management landscape for regulated firms?

Compliance 105

Compliance Risk Management Meeting Regulation 105

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

Insights on Business

JUNE 20, 2018

In today’s global marketplace, financial services firms must grapple with competition, increasing regulation and market volatility while also maintaining profitability and growth in a world disrupted by emerging technologies and fintechs. One significant challenge lies in how firms manage risk. Financial Risk .

Regulation 70

Regulation Compliance Analytics System 70

Insights on Business

FEBRUARY 27, 2018

Chief Executive Officer of Promontory Europe Elizabeth McCaul led a panel focusing on the regulatory outlook for 2018. Central to the discussion was how compliance and risk management professionals can collaborate with Watson to be more efficient and effective in their roles. “At “Meaning, [regtech] is a teammate.

Compliance 98

Compliance Risk Management Management Regulation 98

American Banker

MARCH 5, 2020

The bank said it was Sloan's decision to retire, but a new report from House Democrats reveals that Fed and OCC officials made moves behind the scenes in 2018 and 2019 to pressure the bank's board to remove him.

Regulation 49

Regulation Report Risk Management Compliance 49

CFPB Monitor

JANUARY 26, 2021

In September 2018, the agencies issued an “Interagency Statement Clarifying the Role of Supervisory Guidance.” The final rules codify the Statement, with clarifying changes, as an appendix to a new subpart added to the regulations of each agency. The examples in guidance, however, are generalized.

Compliance 78

Compliance FDIC Regulation Examples 78

PYMNTS

MARCH 14, 2019

Both corporates and banks have said Know Your Customer ( KYC ) regulations are their most pressing compliance concerns, with nearly three-quarters of businesses with more than $1 billion in revenues pointing to KYC as their top challenge. ” and an overall rise in complexity of current regulations. ” Technological Troubles.

Fraud 115

Fraud Survey Taxes Regulation 115

BankUnderground

JUNE 8, 2023

Can prudential regulators influence current climate-reporting levels just by announcing a future shift to mandatory reporting? This finding can be useful for regulators when considering policy for consolidated level of disclosures. These developments raise myriad unanswered questions. There are several potential explanations for this.

Policies 99

Policies Groups Regulation US 99

CFPB Monitor

AUGUST 6, 2018

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. With this in mind, the July 2018 Bulletin focuses on a wide-range of consumer protection issues, including: Redlining.

Compliance 68

Compliance Risk Management Lending Training 68

FICO

FEBRUARY 11, 2019

The country’s financial and non-financial regulated institutions will be able to use the FICO ® TONBELLER™ Siron ™ KYC module to perform due diligence processes, in compliance with local laws and regulations, through APC Intelidat’s powerful technology infrastructure.

Compliance 40

Compliance Risk Management Regulation America 40

Insights on Business

MARCH 4, 2019

It seems like just yesterday when complying with regulation was the end goal in itself. The bulk of these efforts were focused on simply churning out reports to keep regulators happy. Whether financial institutions and their risk systems are ready or not, those days of simple reporting are behind us.

Analysis 79

Analysis Report Regulation Compliance 79

CFPB Monitor

JULY 5, 2022

While fair lending has already been identified as a priority for banking regulators by the Biden Administration, the GAO report, particularly its findings regarding the decline in annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks, could further fuel the OCC’s focus on fair lending.

Lending 78

Lending Report Policies Handbook 78

Insights on Business

DECEMBER 19, 2018

FINRA and other regulators have informed firms of their expectation to adopt practices of “heightened supervision” to isolate high-risk brokers and activities, including those who have previously committed financial crimes. Heightened supervision expands the aperture. Join the discussion.

Regulation 111

Regulation Innovation Compliance Risk Management 111

Insights on Business

OCTOBER 11, 2018

Some of these standards are getting established by regulatory bodies, such as the PSD2 regulation in Europe, which covers payment initiation and account access. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! As a follow on action, you can get a free four-hour Cloud adoption and transformation briefing with IBM.

Meeting 111

Meeting Customer Experience System Guidelines 111

PYMNTS

JULY 13, 2018

Officials said non-interest income was down $684 million from the first quarter of 2018, to about $9 billion in the second quarter, citing lower mortgage banking fees and other income. However, we have to do manage our other risks, such as compliance and operational risk.” per share, while earnings came in at 98 cents.

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

OCTOBER 5, 2018

The upcoming Netball 2018 Sunshine Series featuring Jamaica vs. England. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. It’s a good time to be a sports gambler. Baseball playoffs. That’s pushing companies like casino site 888.com

New Jersey 148

New Jersey Payments Online Cards 148

PYMNTS

JUNE 22, 2018

In March 2018 , Japan’s FSA targeted seven cryptocurrency exchanges following the theft of $530 million in digital tokens earlier in the year, ordering two exchanges to halt their businesses for a period of time. Earlier in the day, bitcoin was trading at just above $6,700.

Bitcoin 100

Bitcoin Comparison cryptocurrency Risk Management 100

Insights on Business

FEBRUARY 13, 2019

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

User Experience 79

User Experience Compliance Risk Management Training 79

PYMNTS

AUGUST 5, 2019

According to a report in The Sydney Morning Herald , National Australia Bank’s outgoing chairman Ken Henry and other executives held discussions last week with its independent auditor, Ernst & Young , about the shortcomings in the bank’s risk management. EY has been the bank’s independent auditor for 13 years.

Policies 108

Policies United States Risk Management National 108

PYMNTS

MARCH 19, 2019

Supreme Court, which in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. According to the latest data from the state’s gambling regulator, consumers in New Jersey have placed more than $780 million worth of online bets since that decision, and $1.25

Online 125

Online New Jersey Las Vegas Risk Management 125

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. Below, we dive into where the Fintech 250 Class of 2018 startups are now. Highlights from the fintech 250 Class of 2018. valuation from December 2018.

Fintech 80

Fintech US Lending Cards 80

BankUnderground

NOVEMBER 2, 2022

FMIs are utility-like entities, and their services are expected to be reliable and founded on sound risk management, much like our expectations for electricity provision. Visa Europe also experienced a partial service disruption in June 2018 which prevented many cardholders from using their systems for payments.

Operations 93

Operations Policies System Regulation 93

PYMNTS

JANUARY 23, 2019

Department of Justice (DOJ) will essentially shut down a source of revenue made possible by a 2018 U.S. The new view of the Wire Act comes months after the Supreme Court in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. As the Feb.

Online 143

Online New Jersey Las Vegas Risk Management 143

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

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