PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. Takeaway 3 Diving deeper into depositor pricing and evaluating loan pricing to ensure compensation for the risk are among strategies to manage interest rate risk. Stay up to date with Abrigo advisors' ideas for managing interest rate risk.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? Appropriate” and “timely” are relative concepts, so for low-risk models, an analysis might occur every three years.

Risk Management 195

Risk Management Management Regulation Analysis 195

BankInovation

APRIL 12, 2023

USAA is using a combination of artificial intelligence-powered natural language processing and manual tagging to manage consumer complaints as more companies employ AI-based chat bots.

Analysis 52

Analysis Compliance Tools Management 52

Abrigo

FEBRUARY 24, 2022

Takeaway 3 Two methods of measuring short-term interest rate risk are a gap analysis and, more commonly, an income simulation. As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management.

Management 195

Management Analysis Strategy Policies 195

Abrigo

MAY 22, 2019

Department of the Treasury recently published A Framework for OFAC Compliance Commitments to provide financial institutions and other organizations with OFAC’s perspective on the essential components of a sanctions program. Financial institutions have the tools needed to ensure a sound OFAC Compliance Program thanks to this new guidance.

Compliance 150

Compliance Regulation Regional United States 150

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Improve tickler management: Ticklers are often managed by committee, but accountability and follow-through are necessary to ensure these tasks are handled efficiently.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." So how can banks help customers keep up in uncertain markets?

Risk Management 195

Risk Management Management Policies Lending 195

Perficient

FEBRUARY 29, 2024

Through the analysis of diverse data sets, automation of loan processing, and consideration of varied factors, financial institutions are not only increasing customer satisfaction and reducing operational costs but also fostering resilience in the face of evolving economic landscapes.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. In the U.S., However, there is a range of other areas of noncompliance risk for these businesses.

Compliance 117

Compliance Risk Management Lending Regulation 117

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations, while protecting their customers and brands.”

Compliance 115

Compliance Retail Branding Analytics 115

PYMNTS

AUGUST 23, 2019

And blockchain analysis firm Chainalysis announced the launch of suspicious cryptocurrency transaction alerts in Chainalysis Know Your Transaction (KYT). It is the first compliance alerts solution available across 15 cryptocurrencies.

blockchain 124

blockchain Analysis cryptocurrency Bitcoin 124

PYMNTS

AUGUST 23, 2018

The data security requirements have wide-reaching implications for businesses across sectors, but as companies expand globally and business partners connect on digital channels, supply chains’ GDPR compliance is an increasing focus of security and compliance initiatives in the enterprise.

Compliance 119

Compliance Data social media Security 119

Perficient

SEPTEMBER 22, 2020

Azure analytics and data storage was rebuilt from the ground up cloud first to support real-time analysis of Petabytes of data. Advanced AI for content management. New D365 Supply chain management tool with real-time inventory, voice channel and project operations. Microsoft Teams had so many announcements!

Analytics 593

Analytics Meeting Video Data 593

PYMNTS

SEPTEMBER 17, 2018

Fleet management has vast opportunities in digitization. Worse, Teletrac Navman concluded, fleet managers’ return on investment (ROI) for the technologies they did adopt has dropped. Technology adoption is at an all-time high for this industry, according to Teletrac Navman’s recent Telematics Benchmark Report: U.S.

Compliance 139

Compliance Industry Technology Data 139

Abrigo

FEBRUARY 6, 2024

Where to begin Develop a member business lending strategy Developing a sound MBL strategy, or tightening an existing one, can help credit unions achieve long-term success in managing member business lending risks. Cash flow analysis: Draft policies focused on consistent and accurate cash flow analyses.

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). Pater will lead the combined entity as CEO, while Nailand will continue to serve as managing director of Visual Risk.

Compliance 100

Compliance Risk Management Tools Software 100

Accenture

NOVEMBER 20, 2015

Compliance with Anti-Money Laundering (AML) regulations can be a struggle for banks—and it can also mean higher costs. Our experience and industry analysis indicate costs for AML compliance have risen an estimated 50 percent in the past three years. Read more.

Compliance 150

Compliance Analysis Regulation Industry 150

Insights on Business

MARCH 4, 2019

As risk managers today are under enormous pressure from multiple directions and financial institutions are being flooded with an embarrassment of complex data that is testing the capabilities of their risk systems, maintaining the status quo is becoming difficult. Introducing the IBM RegTalk webinar series episode 3.

Analysis 79

Analysis Report Regulation Compliance 79

Insights on Business

JUNE 28, 2018

A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance. So how is AI helping risk and compliance processes? Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements. That still sounds complicated, doesn’t it?

Compliance 70

Compliance Case Study Analysis Analytics 70

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management. Textual analysis. Credit Decisions. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

Payments Source

DECEMBER 13, 2018

Traditional compliance data handling tools and procedures are mostly not efficient enough to handle the mounting data in the right way, which makes the analysis extremely difficult, writes Srinivasan Pandurangan is senior manager of business consulting at Virtusa.

Compliance 80

Compliance Data Analysis Tools 80

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management. Access a brief guide to CECL model validation here.

Risk Management 195

Risk Management Handbook Analysis Management 195

Perficient

MARCH 22, 2021

Managed service offerings (MSO) is the department in an organization responsible for all application support activities. Typically, MSO tracks and reviews weekly report on the following deliverables: Incident, problem, and change management. SLA compliance based on incident priority. Level 2: Root cause analysis.

Analysis 294

Analysis System Groups Knowledge Base 294

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. The goal of CIM is to meet regulatory rules and legislation, prevent fraud and financial crime, and manage risk—all while making it simple for customers to transact. Customer identity management operates today in an unpredictable environment.

Management 98

Management Fraud Customer Experience Compliance 98

Perficient

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time. The challenge lies in gauging how rising interest rates act as an external force on these dormant funds.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

Perficient

OCTOBER 6, 2020

Over an 8-week period, we work with your development teams to deliver a combination of analysis and training to drive development practices in the Microsoft Azure cloud. This includes: Analysis of current development practices (agile, waterfall, mixed). Access to analysis tenant. and cloud best practices. What’s Included.

Strategy 429

Strategy Training Analysis Security 429

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

Independent Banker

FEBRUARY 16, 2015

Two steps to help manage for Bank Secrecy Act compliance. How can a bank get this area of compliance right? Your bank’s automated compliance tools should be calibrated to specific customer transaction thresholds to be effective. Compliance Corner General Highlighting Regulation & Compliance'

Analysis 70

Analysis Compliance Community Exercises 70

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Perficient

JUNE 12, 2020

DataOps is a collaborative data management practice focused on improving the communication, integration and automation of data flows between data managers and data consumers across an organization. DataOps then is concerned with the steps between data collection and analysis. Data Quality and Master Data management.

Tools 322

Tools Data Training Analysis 322

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. Workflow & Analysis. Beyond Origination.

System 195

System Lending Analysis Software 195

Independent Banker

JUNE 30, 2022

David Ruffin, principal of IntelliCredit, which offers cloud-based solutions for credit risk analysis, suggests pairing stress testing with loan reviews. Ruffin notes that early detection of credit risk reduces levels of nonperformance and gives banks greater flexibility in managing problem loans out of the bank.

Management 103

Management Community Bank Community Regulation 103