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

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.

Regulation 309

Regulation Industry Risk Management Analysis 309

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

Perficient

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period.

Retail 221

Retail FDIC Risk Management Management 221

Perficient

JULY 10, 2023

Political climate, environmental issues, technology innovations, criminal activity, economic volatility/inflation, account diversity, and industry regulatory changes are just a few examples of factors that often spur reputational risk or crises. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

social media 170

social media Risk Management Analysis Industry 170

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. Yes, a little, I agree.

Compliance 70

Compliance Case Study Analysis Analytics 70

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. the movement of money out of money market funds to CDs versus new deposit money coming in).

Report 195

Report Risk Management Capital Data 195

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

Abrigo

SEPTEMBER 7, 2023

With the amount of data an institution has at its fingertips, it can be hard to determine what’s relevant and how to apply it for the most effective reporting and analysis. Learn how to tap your data to generate management insights. What are the credit trends in our portfolio and market? Explore Abrigo Connect.

Report 195

Report Lending Trends Data 195

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

SEPTEMBER 7, 2023

However, AML system optimization , or parameter tuning, is critical for monitoring to be risk-based and the most effective for your FI’s market, products, and customer or member base. The industry is experiencing a blurring of the traditional lines between the fraud and the BSA/AML/CFT departments.

Fraud 221

Fraud Training System Trends 221

PYMNTS

SEPTEMBER 30, 2018

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. Working together with CipherTrace, we bring transparency, integrity and compliance to the world of virtual currencies.”.

Compliance 144

Compliance cryptocurrency Risk Management Fraud 144

South State Correspondent

MARCH 14, 2024

Risk management also needs to change. If your duration is too long or your BSA compliance is weak, those aren’t good things, but that is not how the bank is going to fail. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk. Do you remember them?

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

OCTOBER 28, 2020

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. Last June, Oracle advanced its Retail Brand Compliance Management Cloud Service with the latest innovations.

Compliance 154

Compliance Security Management Analysis 154

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

Abrigo

NOVEMBER 15, 2019

In fact, banking regulators are in the process of issuing updated guidance on loan or credit risk review systems as a standalone document (rather than as part of guidance related to the allowance for credit losses as it is now) to emphasize their importance in broader risk management efforts.

System 150

System Lending Compliance Risk Management 150

Abrigo

APRIL 21, 2023

Loan review experts said they might review exception reporting on loans above a specific size, market assessments, demographics, and trend data to identify potential, immediate threats. Credits needing additional scrutiny receive targeted reviews involving deeper dives into the underwriting as well as regulatory and policy compliance.

Lending 195

Lending Risk Management Software System 195

Gonzobanker

SEPTEMBER 21, 2023

Lending: Lending Leaves Change Color Abrigo acquired Valuant for compliance and credit risk and DiCOM Software for automated credit risk software and partnered with Charm Solutions to launch Abrigo Small Business Lending Intelligence. Helix partnered with Unit21 for fraud and risk management solutions for fintechs.

Fintech 103

Fintech Software Illinois Lending 103

FluentBanking

MARCH 27, 2020

Vacancy Not specific Job Context Job Location: Dhaka, Bangladesh (subject to transfer to any other location within the country) Job Responsibilities To perform risk calculation & analysis exercise for market and liquidity risk management (i.e. sensitivity analysis, stress testing, VAR etc.)

Guidelines 52

Guidelines Compliance Exercises Analysis 52

FICO

NOVEMBER 24, 2021

FICO’s win in the Innovation category for the fifth consecutive year highlights its commitment to innovation and developing technology that is relevant in today’s market.”. The FICO experience in applying predictive analytics to critical risk management and profitability challenges are unparalleled in the industry.

Report 52

Report Analytics Company Innovation 52

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. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

FICO

DECEMBER 4, 2018

I’m excited to announce that FICO has been named as a category leader in the Chartis Financial Crime Risk Management Systems for Enterprise Fraud report. The Chartis report Vendor Analysis: FICO (Financial Crime Risk Management Systems: Enterprise Fraud; Market Update 2018) provides further analysis of FICO’s rating.

Fraud 45

Fraud Risk Management Analytics Analysis 45

PYMNTS

APRIL 21, 2017

But a new report from Black Duck Software says the providers of open source software may be putting themselves and their corporate customers at risk. In Black Duck’s second Open Source Security and Risk Analysis report , released this week, the firm found that 96 percent of applications audited have some open source component in them.

Analysis 108

Analysis Software Security Compliance 108

PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle.

Policies 123

Policies Compliance Regulation Innovation 123

PYMNTS

JANUARY 10, 2018

Oversight’s own analysis found 10 percent of corporate travelers commit high-risk spending, which includes fraudulent and out-of-policy spending. The B2B FinTech market has highlighted expense fraud several times in recent years, warning that the problem is not always due to malicious employee activity.

Fraud 100

Fraud Tools Policies Risk Management 100

FICO

NOVEMBER 23, 2021

Sid has more than 20 years of experience in the financial, energy, and commodities markets. He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

Insights on Business

DECEMBER 12, 2017

The one constant in every compliance professional’s life today is an abundance of pages. A year ago, IBM acquired Promontory Financial Group, a global risk management and regulatory compliance consulting firm, to help compliance professionals make better sense of the always changing regulatory landscape.

Compliance 70

Compliance Risk Management Groups Innovation 70

FICO

DECEMBER 17, 2020

Anti-financial crimes regulations require banks to enact robust risk management frameworks, including extensive KYC due diligence, integrated safeguards for AML transaction monitoring, and sanctions screening. Banks will also be able to apply the blockchain analysis to existing clients for ongoing monitoring. This includes $2.8

cryptocurrency 52

cryptocurrency How To blockchain Analysis 52

Abrigo

AUGUST 6, 2021

Acquisitions allow organizations to spread costs across a larger asset base, recognize synergies within business lines, reduce staff, and consolidate branches in overlapping markets. 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

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. This lack of attention given to supplier risk meant wasted spend and fraud. ” A Dramatic Shift.

Risk Management 148

Risk Management Management Analysis Strategy 148

Jeff For Banks

JULY 8, 2017

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) Presidential Agenda I am very surprised that the markets are not having fits over the lack of progress on the presidential agenda.

Marketing 60

Marketing Community Bank Security Data 60

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. OpenPages 8.0

Regulation 70

Regulation Compliance Analytics System 70

PYMNTS

FEBRUARY 14, 2018

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

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Foreign exchange risk alone increased 8 percent for this market in Q3, and by 13 percent since the start of the year, the report found.

Management 155

Management Trends Data Analytics 155

PYMNTS

JUNE 21, 2016

Nearly 80 percent said they had taken some kind of measure to make up for the financial cost of compliance. “Regulatory efforts to ensure financial stability must be accompanied by equally vigorous, data-driven analysis to make certain that Main Street companies continue to have access to the financial services they need.”

Survey 101

Survey Regulation Compliance National 101

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. The volume of regulation has created more surface area for compliance gaps. Key takeaways.

Compliance 72

Compliance Regulation blockchain Software 72