Insights on Business

MARCH 4, 2019

This series of live and interactive webinars convenes experts and risk professionals together to discuss key issues in RegTech, and to help banks understand the innovations available to help address challenges and unleash their potential. Introducing the IBM RegTalk webinar series episode 3.

Analysis 79

Analysis Report Regulation Compliance 79

PYMNTS

NOVEMBER 16, 2020

In addition, there are also new tools to integrate with SAP technology, helping to do away with manual processes and boosting confidence in data integrity and completeness, the release stated. As a result, businesses are placing renewed focus on risk management, control environments and cash flow optimization.

Analysis 188

Analysis User Experience Risk Management Operations 188

Abrigo

DECEMBER 14, 2023

Define actionable plans, such as what additional staff or technology you need to accomplish your goals. It’s essential to involve your board and executive management in pre-planning steps to ensure everyone’s input is collected and heard. What specific technologies would you like to see us pursue for a better customer experience?

Lending 221

Lending Risk Management Meeting Survey 221

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

APRIL 8, 2019

RiskLens, a cyber risk management software company, has raised $20.55 The round was led by Paladin Capital, and MassMutual Ventures, F-Prime Capital, Dell Technologies Capital and Osage Venture Partners all participated. million in a series B funding round, according to reports. .

Software 100

Software Risk Management Capital Management 100

PYMNTS

NOVEMBER 8, 2018

A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role. .

Analysis 116

Analysis Capital Survey Management 116

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

Data 128

Data Capital Analytics Fintech 128

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. Putting it bluntly,” the report notes, “if you wait until a liquidity crisis hits to cobble together an analysis based on an array of spreadsheets, it is probably too late.”.

Big Data 119

Big Data Data Risk Management Compliance 119

Celent Banking

JUNE 6, 2017

Many now serve as strategic advisors across their organizations, taking on diverse responsibilities such as long-term borrowing, investing, payments strategy and execution, and counterparty risk analysis and enterprise risk management. The key reason behind treasury’s strategic role?

Risk Management 124

Risk Management Survey Management Strategy 124

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Other supply chain risks stem from ongoing trade disputes between the U.S. for example.

Risk Management 128

Risk Management Management Examples Analysis 128

Abrigo

FEBRUARY 23, 2022

Life-of-loan digitalization also makes it easier for high-salaried lending and credit professionals to focus on loans that require more intense analysis. Many financial institutions have discovered firsthand how technology can boost efficiency and minimize the cost of the entire loan process from origination to closing. Learn More.

How To 195

How To Lending Software Survey 195

Insights on Business

JULY 31, 2018

Armanta’s technology platform allows financial institutions to aggregate data across multiple systems in near real-time speed. We caught up with Peter Chirlian, CEO of Armanta, an IBM Company, to tell us more about Armanta’s innovative approach to aggregation and risk analytics.

Innovation 133

Innovation Analysis Analytics Risk Management 133

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

SEPTEMBER 6, 2017

In its biennial exploration of the evolving role of corporate treasurers, Deloitte is keeping tabs on how treasurers are embracing technology and gearing up to handle more responsibilities than ever before. Ninety percent agreed that the treasurer holds an important role as a “steward for risk management for the company.”.

Risk Management 108

Risk Management Survey Management System 108

PYMNTS

SEPTEMBER 25, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations, including, in many markets, small businesses, has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection. Data Solutions For Data Problems.

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

AUGUST 6, 2021

Technology is an obstacle and an opportunity. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.

Community Bank 195

Community Bank Community Kansas City Lending 195

PYMNTS

MAY 20, 2016

In addition to continuing dependence on spreadsheets, less than half of corporate treasurers said they believed they performed well or extremely well in the area of working capital management.

Survey 100

Survey Fraud Risk Management Management 100

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

FEBRUARY 27, 2020

Digital technology standardizes and automates many of the tasks causing the biggest headaches and delays for lenders and credit analysts. They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management.

Lending 243

Lending Survey Data System 243

PYMNTS

SEPTEMBER 18, 2018

The company also aims to reach more than one million freight quote requests per month, which are fueled by its own pricing and routing technologies. The company also operates the Freightos Baltic Index, an analysis of industry pricing stats to provide greater transparency into logistics costs for the industry.

Comparison 122

Comparison Risk Management Industry Analysis 122

FICO

JUNE 22, 2017

FICO has been named a Category Leader in IFRS 9 solutions by Chartis Research in its report IFRS 9 Technology Solutions: Market Update 2017. In all likelihood, it will reduce FIs’ profits and retained earnings, increase their loan loss provisions, and have a negative impact on their regulatory and economic capital. “In

Risk Management 53

Risk Management Capital Analytics Analysis 53

Gonzobanker

MAY 8, 2020

Cornerstone recently completed an earnings stress analysis of the roughly 4,400 banks under $50 billion in assets. 25% 140 banks will have capital levels that have fallen below 8%. Tier 1 capital in the industry has grown by more than 350 basis points since the housing crisis. Build transparency around I.T.

Lending 114

Lending Analytics Analysis Capital 114

Insights on Business

JUNE 28, 2018

Use the right technology. But different AI tools require different technology combinations. More information about AI processes can be found in the report, Demystifying Artificial Intelligence in Risk and Compliance , by Chartis Research with research partner IBM. Trader surveillance and control: Tier 1 US capital markets firm.

Compliance 70

Compliance Case Study Analysis Analytics 70

Insights on Business

AUGUST 2, 2018

Or in other words, a modern day financial institution generates massive amounts of data every day, but producing actionable intelligence from this information remains a challenge, mainly due to technology constraints. Learn more about IBM financial risk technology here.

Risk Management 70

Risk Management Data Analytics Resources 70

PYMNTS

FEBRUARY 14, 2018

Spending on blockchain technologies will ramp up to $9.2 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. percent from 2016 to 2021.

blockchain 111

blockchain Compliance Mobile Technology 111

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Qualifying top five venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates (e.g. Accounting and expense management. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

Insights on Business

APRIL 23, 2018

For over a generation, IBM and Citi have collaborated on a number of projects bridging the gap between technology and financial services among two long-established industry leaders. Technology moves fast. Right now, CIOs are struggling to keep up with developments in technology that impact and disrupt financial services.

Security 87

Security Data Analytics Industry 87

Insights on Business

SEPTEMBER 28, 2018

There’s a clear trajectory from daily to intra-day calculations, and in some cases even to real-time XVA calculations to help traders and risk management teams make better operational decisions. And a bank’s XVA desk may need to carry out many thousands of XVA sensitivity calculations in order to efficiently hedge risk.

Innovation 79

Innovation Risk Management Maine Examples 79

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. For an analysis of the DFS lawsuit, click here.). In her remarks and responses to questions, Ms. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

Jeff For Banks

MAY 20, 2017

To summarize, banking institutions exceeding the concentration levels should have in place enhanced credit risk controls, including stress testing of CRE, and may be subject to further supervisory analysis. The OCC did an excellent analysis of the impact of this guidance in 2013. Look at technology companies.

Lending 60

Lending Regulation Community Community Bank 60

Independent Banker

AUGUST 26, 2015

Elastic and nimble budgeting for technology. At some community banks, budgeting for technology has become a more important focus over the past several years. in Atlanta is one community bank that tries to be more agile with its technology spending. “If It’s about spending your money wisely and managing change effectively.”.

Community Bank 70

Community Bank Community Management Maryland 70

CFPB Monitor

JUNE 11, 2019

Regulatory sandboxes are laboratories for the development of innovative technologies in an environment that is free from onerous government restrictions. Notably, Utah’s definition expressly includes blockchain technology. In contrast, in Utah, the Department must conduct a cost-benefit analysis.

Utah 60

Utah Arizona Regulation Innovation 60

CB Insights

NOVEMBER 2, 2017

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. Key takeaways. Investments to regtech startups are on pace for a record year.

Compliance 72

Compliance Regulation blockchain Software 72

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 124

Lending Tools Management Risk Management 124

Jeff For Banks

OCTOBER 29, 2016

But allowing branches to operate at losses takes resources away from areas that need immediate resources, such as technology acquisition and deployment. If the branch does not meet profit objectives within a reasonable period represented in the original analysis to open it, close it. Make it near-automatic.

Training 60

Training FDIC Community Resources 60

FICO

FEBRUARY 12, 2023

The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. It’s difficult, but embracing new technology means that we have the opportunity – nay, the imperative – to focus on humanizing the customer experience.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52