Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

ATM Marketplace

MAY 9, 2018

Learn how payments processor E-Global improves IT operational performance and fraud analysis with an end-to-end view into transaction performance and security-related message fields.

Analysis 48

Analysis Operations Fraud Security 48

PYMNTS

APRIL 26, 2019

operations. In a letter on its webpage, Sinemia said it was ending operations in the U.S. While we are proud to have created a best-in-market service, our efforts to cover the cost of unexpected legal proceedings and raise the funds required to continue operations have not been sufficient. The competition in the U.S.

Operations 122

Operations Fraud Capital Analysis 122

Bank Innovation

FEBRUARY 10, 2017

An old-school cost analysis will do, according to Michael Read More. Banks have been fairly active in tapping into new technologies recently, either through partnerships or with internal innovation groups. But with the rapid acceleration of the fintech space, how should banks decide if a new space or tech is worth pursuing?

Analysis 150

Analysis Innovation Groups Fintech 150

Perficient

APRIL 8, 2024

Addressing these deficiencies required a comprehensive approach, leading to the establishment of critical programs like the US Bank Holding Company (BHC) regulatory and comprehensive capital analysis and review (CCAR) program. Supporting the change management team in building a robust governance structure for program PMO activities.

Compliance 221

Compliance Management Guidelines Risk Management 221

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

JULY 18, 2018

Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. They are definitely having growing pains,” he said. “It

Operations 100

Operations Chicago Analysis Branding 100

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

Jeff For Banks

DECEMBER 4, 2017

If we did, would we continue to offer Analysis Checking or some variation of it? Because of Reg Q, in place for over 80 years, banks created Business Analysis Checking, where a business earns credits to offset fees based on their balances. See a Union Bank of Richmond, VA description of a typical Business Analysis Checking account.

Analysis 60

Analysis Resources Operations Community 60

PYMNTS

MARCH 8, 2019

Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Mobike ran a lot of analysis on profits and losses in the [overseas] region and came to the conclusion that there is no way it would turn profitable.”.

Operations 108

Operations Regional Analysis America 108

Jeff For Banks

NOVEMBER 4, 2022

It wouldn't be benefiting customers in terms of fees or interest rates, as the analysis above shows. I don't have the data or CU by CU analysis to make a definitive BS call, but let's say I'm skeptical. Now, perhaps, the lost $11.8 million is somehow benefiting one of the other three stakeholders: employees, customers, or communities.

Operations 78

Operations Analysis Capital Community 78

FICO

OCTOBER 19, 2020

What most do not fully appreciate or haven’t seen in operation is how an optimization tool can truly enhance a collection program to increase revenue, make better use of staff, and simultaneously increase the customer experience. Most large collection operations use predictive models. The Need for Automation in Optimization.

Operations 52

Operations Resources Strategy Tools 52

The Financial Brand

SEPTEMBER 26, 2021

Operational improvement in banking provides the foundation for increased efficiencies, improved customer experiences and new business models. The post Improved Digital Banking Customer Experiences Requires Operational Excellence appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 43

Customer Experience Operations Digital Banking Banking Trends 43

PYMNTS

MARCH 12, 2020

Payment processors expanding their operations into new industries and markets have their work cut out for them, however. Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. .

Fraud 130

Fraud Analysis Regional Examples 130

Perficient

JUNE 5, 2020

This includes static application structure, dynamic application behavior, third-party component patch/version levels, and overall deployment environment compliance with hardened operating systems. Source Code Analysis. Dynamic Application Analysis. Operational Security. SonarQube Security Scan Result. Secrets Management.

Compliance 332

Compliance Security Software System 332

Abrigo

FEBRUARY 6, 2024

It also recommends including projections related to loan pricing, operating expenses, and delinquency. In developing an appropriate strategy , credit unions should analyze the various plausible approaches they may take given their personnel, operational, and financial resources.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

SEPTEMBER 21, 2021

As a loan reviewer, you need to be technically sound in order to do your job, which means you need to have a fundamental understanding of financial analysis, tax analysis, and all of the regulatory laws that surround the credits that you’re going to be reviewing,” Cooley says. Credit Analysis Training. Credit Analysis Training.

Video 195

Video Analysis Risk Management Training 195

Bobsguide

NOVEMBER 8, 2017

Late last month Swedish fintech Tink announced that secured an additional €14m in funding to scale up its financial aggregator operation and move into new markets. The major investor in the tech company, and one its early adopters, is Nordic bank SEB. bobsguide sat down with Rasmus.

Analysis 95

Analysis Fintech Security Operations 95

South State Correspondent

DECEMBER 6, 2022

However, closer analysis and lessons from history demonstrate that to counteract inflation’s free cash flow-destroying effects, revenue must grow substantially higher than the inflation rate. Sensitivity Analysis. A sensitivity analysis tests assumptions for lenders to use to assess a project’s ability to service debt.

Analysis 195

Analysis Taxes US Management 195

SWBC's LenderHub

MARCH 12, 2015

Can I get a copy of your competitive analysis?” Sales Management Risk Management Increase Customer Base Customer Loyalty Other Operations Management' My first question was as reflexive as swatting a mosquito on the back of my neck. That was usually followed by a blank stare.

Analysis 60

Analysis How To Risk Management Management 60

Perficient

MAY 15, 2023

to more accurately perform “bigger picture” predictive analysis. Want to learn more about financial services industry-specific considerations for improving operational efficiency through data optimization? market trend data, economic data, etc.) Risk & Fraud Prevention.

Data 275

Data Conference New York City New York 275

Perficient

FEBRUARY 24, 2021

It’s crucial to leverage the data lake, as that’s where the data analysis team can marry sales and non-sales data to conduct detailed analyses on trending, surface new insights, identify gaps and revenue opportunities, and perform predictive modeling. Data Analysis. Sales data can add value to non-sales teams in the company as well.

Data 322

Data Analysis Tools Management 322

FICO

OCTOBER 19, 2020

What most do not fully appreciate or haven’t seen in operation is how an optimization tool can truly enhance a collection program to increase revenue, make better use of staff, and simultaneously increase the customer experience. Most large collection operations use predictive models. The Need for Automation in Optimization.

Operations 40

Operations Resources Strategy Tools 40

FICO

MARCH 10, 2020

Whilst it isn’t a new concept, the prospect of using telecoms operators’ network data to help officials map, predict and contain the spread has been mooted in several quarters. CDRs are already used at an aggregated and anonymised level by many operators to detect patterns and trends in crowd analytics.

Operations 78

Operations Mobile Analytics Guidelines 78

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Textual analysis. Applications include analysis of regulations, news flow, earnings reports, consumer complaints, analyst ratings changes, and legal documents.

Regulation 309

Regulation Industry Risk Management Analysis 309

South State Correspondent

JANUARY 11, 2023

This analysis is not a causation study, and many reasons may explain for this correlation. In a previous blog, we argued that four general factors drive bank performance: industry specialization, market segments, location, and operating leverage. A powerful correlation exists between non-interest income to average assets and ROA.

Community Bank 195

Community Bank Community Analysis Industry 195

Perficient

FEBRUARY 16, 2021

The Fed’s Comprehensive Capital Analysis and Review (“CCAR”) stress tests are designed to ensure that large banks are able to lend to households and businesses even in a severe recession. Also, banks with substantial trading or processing operations will be tested against the default of their largest counterparty.

Exercises 309

Exercises Capital Analysis Lending 309

FICO

MARCH 16, 2018

Social Network Analysis (SNA) tools hold the potential to help tax and revenue agencies identify non-compliance and tax fraud. Social Networking Analysis Explained. Social Networking Analysis Explained. A Social Network Analysis can automatically compare the new registration in real-time to previously closed businesses.

Analysis 45

Analysis Taxes Fraud Compliance 45

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. New D365 Supply chain management tool with real-time inventory, voice channel and project operations. Azure Orbital allows you to control your satellite and analyze the data coming from the satellite.

Analytics 593

Analytics Meeting Video Data 593

PYMNTS

DECEMBER 14, 2020

The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. The FTC is working with 19 other federal, state and local law enforcement partners in the effort.

Fraud 192

Fraud Operations Analysis Study 192

Perficient

AUGUST 10, 2020

All organizations must perform financial planning and analysis (FP&A), and many want to shift from a complex web of spreadsheets to a cloud-based integrated solution. This article will introduce financial planning and analysis and survey four cloud-based solutions. Planning and Analytics on the Cloud. Planful (cloud-only).

Analytics 322

Analytics Analysis Meeting Software 322

Perficient

DECEMBER 16, 2020

Analysis of Current Assets. Because the ratios on this page reflect not only changes in Asset balances but show the effects of operations, these visualizations can lead to further investigation. Are the period Operating Expenses growing faster than Cash balance? Analysis of Current Liabilities.

Analytics 322

Analytics Capital Trends Analysis 322

PYMNTS

JUNE 27, 2016

” Last March, Jet announced that it commenced efforts to expand its small business lending operations into Texas. . “We were able to leverage Jet Capital’s expertise to design the right process for small business applicants.”

Analysis 101

Analysis Capital Texas Software 101

FICO

MAY 18, 2021

Analysis shows that as we start to approach a post-pandemic stage in some of the region’s markets, extra savings are already being used to help prop up household finances. As ever, delivery routes are tailored via multiple communication channels to best suit their customers – especially those that may feel financially vulnerable.

Operations 52

Operations Phoenix Data Regional 52

The Paypers

NOVEMBER 2, 2020

PXP Financial , the US subsidiary of PXP Financial, an expert in global acquiring, payment, fraud, and data analysis services, has teamed up with the US division of the global sportsbook operator, Tipico.

Operations 28

Operations Analysis Fraud US 28