PYMNTS

MARCH 14, 2019

Corporate treasurers are increasingly concerned about a complex regulatory environment, according to the latest analysis from Strategic Treasurer and TD Bank. ” and an overall rise in complexity of current regulations. Most also said payments management is the most time-consuming process, followed by cash forecasting.

Fraud 115

Fraud Survey Taxes Regulation 115

Abrigo

MARCH 24, 2023

The following steps for creating or updating your AML/CFT risk assessment should ensure you understand your institution's risk. Step one Document the BSA/AML risk assessment Documentation is one of the more critical aspects of performing a risk assessment. plying any management or risk mitigation tools.

Fraud 195

Fraud Compliance Examples Analysis 195

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. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). by TJ Horan.

Fraud 52

Fraud Trends South Carolina Risk Management 52

PYMNTS

JANUARY 24, 2019

Dun & Bradstreet Global Head of Compliance and Supply Products Brian Alster said that, as the once-separate procurement and compliance efforts within organizations continue to converge, technology is going to play an increasingly critical role for businesses to manage the bombardment of risks, including fraud, non-compliance and cyberattacks.

Compliance 191

Compliance Risk Management Training Analysis 191

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. Explore Abrigo Connect. Credit union and bank advisory services are excellent resources on this front.

Report 195

Report Lending Trends Data 195

Abrigo

DECEMBER 14, 2023

In a banking landscape that is constantly changing with new regulations, increasing competition, and other new challenges, it is critical to maximize your strategic plan's effectiveness. What insights have you gained from an in-market commercial real estate analysis? Learn to identify emerging CRE credit risk red flags.

Lending 221

Lending Risk Management Meeting Survey 221

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan. Ninety-one percent of those fines were issued to U.S.

Compliance 115

Compliance Risk Management Analysis User Experience 115

Abrigo

DECEMBER 2, 2021

Learn how a core deposit analysis helped improve this institution's forecasts. One way to find out is by allocating surplus budget money to a core deposit analysis. Spend Budget Surplus to Mitigate Risk. Learn how to satisfy regulators and yield more useful information in this whitepaper, "Effective Loan Review".

Conference 195

Conference San Antonio Lending Fraud 195

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

FICO

DECEMBER 17, 2020

According to a recent report , the total of cryptocurrency related frauds and thefts stands at a staggering $7.69b. billion of losses stemming from fraud, scams, and misappropriation of funds. 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

PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

Payments 178

Payments Fraud Security Customer Experience 178

Abrigo

NOVEMBER 15, 2019

Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards. Effective credit risk review promotes lending agility. Cooley is a former OCC examiner who provides loan reviews, outsourced credit analysis, strategic planning, and risk appetite consulting.

System 150

System Lending Compliance Risk Management 150

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.

Compliance 78

Compliance Fraud Technology Operations 78

Abrigo

JUNE 9, 2016

Consider whether that client potentially needs any of the following services: ▪ Advice on debt management and financing options , along with related opportunities for tax deductions ▪ Consulting on and administering employee benefit plans, such as health care and retirement benefits ▪ Consulting and training for technology solutions related to financial (..)

Exercises 150

Exercises Taxes Training Risk Management 150

PYMNTS

APRIL 29, 2019

The NextGen Platform will provide an in-depth analysis of global trade transactions, advanced analytics and natural language processing, along with process automation that combines analytic results and trade-related bank policies. managed services CIO, in the press release.

Analytics 123

Analytics Compliance Innovation Operations 123

PYMNTS

JANUARY 23, 2019

com to invest in automated authentication processes, according to Russell Medley, 888’s director of fraud and risk management, according to PYMNTS research. According to an analysis released earlier this month, for instance, “New Jersey’s online sportsbooks accounted for $241.05 Betting Revenue.

Online 143

Online New Jersey Las Vegas Risk Management 143

CB Insights

NOVEMBER 2, 2017

Over 143 million Americans will be at risk of financial fraud for years following the Equifax cybersecurity breach, while an estimated 3 million Wells Fargo customers unknowingly had their digital identity stolen to open fraudulent trading accounts. The volume of regulation has created more surface area for compliance gaps.

Compliance 72

Compliance Regulation blockchain Software 72

FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations.

Compliance 52

Compliance Regulation Data Risk Management 52

FICO

FEBRUARY 1, 2023

By the time they’re flagged as being at-risk it may be too late to avert the slide into delinquency. Regulators have been pressing for banks and lenders to ensure they’re working at the speed and scale of their market — or even faster. The most critical element of this is the ability to deliver real-time analysis.

Management 52

Management Fraud Strategy Analysis 52

Jeff For Banks

MAY 8, 2012

This is one reason that financial institutions are getting serious about viewing risk across the entire franchise instead of in the organizational silos where they most exist. See my post on Enterprise Wide Risk Management on this subject here. But through it all, risk requires capital.

Capital 79

Capital Course Examples Risk Management 79

Gonzobanker

MAY 7, 2018

Recent analysis by Cornerstone Advisors reviewed the marginal growth of employees at mid-size banks over the past three years. Banks in the future will address areas with a narrow span of control and evolve to the player/coach leadership models seen more in professional service firms than in traditional, regulated financial institutions.

Leadership 87

Leadership Operations Lending Strategy 87

Abrigo

APRIL 12, 2021

Some larger financial institutions with substantial IT staffs can build and maintain a new commercial loan origination system on top of competing needs related to cybersecurity, fraud, and other priorities. Some third-party vendors are regulated by the Federal Financial Institutions Examinations Council (FFIEC). Credit Risk Management.

System 338

System Lending Software Analysis 338

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Major consumer loan compliance regulations. Regulation B, implementing the Equal Credit Opportunity Act (ECOA) for fair lending. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

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. The business model here needs to focus on a strategy that balances lending growth while keeping risk in check.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Abrigo

MARCH 31, 2023

Risk focus Three main areas of risk from the NCUA letter The NCUA supervisory priorities emphasized the following regarding increased risk: Interest rate risk (IRR): Examiners will focus on key interest rate risk management and control activities, including reasonable and well-documented assumptions and data sets.

Risk Management 195

Risk Management Policies Capital Maine 195

FICO

JANUARY 15, 2021

The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted. The COVID-19 pandemic cast a huge shadow on the financial services worldwide.

Report 59

Report Payments Cards Data 59

Fintech Labs Insights

OCTOBER 30, 2016

The company notes “while the name is new, the marriage of technology and regulation to address regulatory challenges has existed for some time with vary degrees of success.” My Virtual Strongbox ( F14 ) introduced the kind of secure document storage technology that can help FIs better manage customer documentation.

blockchain 12

blockchain Trends Fintech social media 12

Fintech Labs Insights

SEPTEMBER 25, 2015

Risk management. Financial markets analysis. Financial markets analysis. Tags: Investing, information, trading, analytics, investors, wealth management. Total raised: $19 million. Source: WhoGotFunded. HQ: London, England, UK. Latest round: $4.7 million Series A. Total raised: $6.3 Source: FT Partners.

San Francisco 12

San Francisco Company Fintech San Jose 12

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. What does FICO offer and how does it distinguish from other AFC solutions? In the U.S.

Compliance 81

Compliance Technology Fraud Analytics 81

Abrigo

DECEMBER 19, 2019

Due to new and emerging technologies, changing regulations, and ever-evolving customer expectations, banks and credit unions across the country are taking an assortment of different strategies to achieve their growth goals in 2020. Fraud Prevention. Fraud Trends. Fraud Prevention. Fraud Prevention. Learn More.

Lending 195

Lending Fraud Community FDIC 195

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. Information Management Award.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 16, 2015

Alfa-Bank’s Sense Financial Advisor brings personalization to larger universal banks by using big data analysis and artificial intelligence. BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user.

Company 12

Company Mobile Software Big Data 12

Abrigo

NOVEMBER 6, 2019

The following jurisdictions have been removed from the FATF list: Ethiopia Sri Lanka Tunisia Financial institutions should still conduct their own analysis of these countries to determine if they are no longer areas of concern for the risk profile of each institution. BSA Rules and Regulation. Fraud Prevention.

Regulation 150

Regulation Training Compliance Fraud 150

Fintech Labs Insights

NOVEMBER 18, 2015

It uses algorithms to provide robo-advisory for traditional banks who are losing affluent customers to dedicated money managers. BankersLab’s Benchmarking is an addictive simulation game for fintech investors, regulators, and bank executives to predict which managers and lending institutions will make good decisions.

Company 12

Company Comparison Customer Experience Management 12

CB Insights

OCTOBER 4, 2018

In the last year, Chinese regulators have clamped down on China’s burgeoning fintech sector. This summer, Reuters reported that in 5 years, tech services (including online risk management and fraud prevention for financial institutions) will make up 65% of Ant’s revenue, compared to 34% in 2017. Looking ahead.

US 78

US Fintech Mobile Regulation 78