Remove 2022 Remove Fraud Remove Leadership
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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

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The Corporate Transparency Act in 2023: Beneficial ownership registry updates

Abrigo

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. One critical aspect of the AMLA did make progress toward the end of 2022: the Corporate Transparency Act (CTA). The Final Rule for Beneficial Ownership Reporting was issued in September 2022.

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Reflections 2022: The Power of Patents and the People Behind Them

FICO

Reflections 2022: The Power of Patents and the People Behind Them. In 2022, FICO was granted 11 new U.S. Mon, 12/12/2022 - 16:00. As 2022 draws to a close I am reflecting on what has been a very challenging year for the world at large. This technology is incorporated into FICO® Falcon® Fraud Manager. FICO Admin.

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Federal Reserve Issues Supervisory Letter on Crypto Activities for Banks

Perficient

Consumer protection – Concern for the consumer was emphasized throughout the letter as the FRB highlighted risks to the public due to price volatility, misinformation, fraud, as well as the outright loss or even theft of assets. Check out additional Perficient thought leadership on regulatory compliance here. Financial risk.

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9 Steps to Kill Checks and Check Processing

South State Correspondent

According to a 2022 Association for Financial Professionals report, 66% of organizations experience check fraud. In our last deep dive into the cost of checks for banks ( HERE ), we estimate that checks will end up costing banks about $12 per check (below) in 2024 when you add up branch costs, operational processing, and fraud.

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FICO Women Leaders: Sharing Our Insights and Success

FICO

At our annual FICO World event, we host Women in Leadership seminars and forums. We have also organized regional forums for female leaders in fintech, such as a recent Women in Leadership event held in Toronto in December 2022. We discussed the importance of the coaching approach of “leadership starts with self”.

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Treasury seeks comments on digital assets, including opportunities and risks for consumers

CFPB Monitor

On July 8, with limited fanfare, the Department of Treasury issued a request for public comment regarding the March 9, 2022 Executive Order entitled “Ensuring Responsible Innovation in Digital Assets” (the “Order”). Nonetheless, the request for comment sets a deadline of only 30 days – August 8, 2022 – for responses.