Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy. According to Price, data is at the heart of all of these balancing acts.

Data 130

Data Management Analytics Compliance 130

Gonzobanker

MAY 30, 2017

Everybody’s talking about analytics these days and it’s not just in the predictable tech and fraud circles but in finance, marketing and lines-of-business. President John Dean from the early days of bank analytics 25 years ago – “ more loans, better loans, faster loans.” Analytics: The Hot Crazy Matrix. It’s everywhere.

Analytics 77

Analytics Data System social media 77

Insights on Business

OCTOBER 16, 2018

Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. There’s a new normal in financial services. At IBM, we believe that renovation is the right option.

Capital 157

Capital Tools System blockchain 157

PYMNTS

OCTOBER 7, 2020

But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer , head of data analytics for J.P. said Wimmer, who oversees the data and analytics efforts of firm’s payments-focused businesses. Morgan Wholesale Payments, told PYMNTs.

Data 258

Data Analytics Payments Operations 258

PYMNTS

JUNE 10, 2019

The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space. Some regulators aimed to mitigate that impact. As such, the FSB said it does not expect to introduce any new industry regulations.

Lending 100

Lending Capital Regulation Survey 100

Insights on Business

FEBRUARY 25, 2019

In the Financial Services industry, a range of businesses including banks, insurance companies, securities trading organizations, and capital market clients are required to comply with regulations that include information governance and stringent records retention requirements.

Meeting 87

Meeting Industry Compliance Policies 87

FICO

JANUARY 6, 2021

As regulators apply greater pressure on lenders to explain every decision, even those made using AI and machine learning, banking leaders worldwide are seeking a more advanced approach to model governance. Yapi Kredi understands the value of monitoring and managing every component that goes into making a decision.

Analytics 52

Analytics Compliance Management Regulation 52

FICO

APRIL 13, 2021

Automated Model Monitoring Improves Capital Utilization. We can now prepare the reports nearly two times faster and are fully compliant with Russian Central Bank regulation.”. For its achievements, Alfa-Bank has won the 2021 FICO® Decisions Award for regulatory compliance. by Nikhil Behl.

Management 52

Management Analytics Compliance Meeting 52

PYMNTS

JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. A weak data management strategy could heighten the risk of non-compliance. One is in assessing counterparty strength.

Big Data 119

Big Data Data Risk Management Compliance 119

PYMNTS

DECEMBER 27, 2019

Backed by Airbnb , Comcast, Bowery and Initialized Capital, Zeus has raised $90 million in funding. The round was led by TI Platform Management with participation from Airbnb, Spike Ventures, Comcast, CEAS Investments, NFX and Initialized Capital. Compliance is of absolute importance to us,” Taggar said.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

Abrigo

JULY 14, 2023

Leapfrog competition, reduce risk How to develop banking strategies using your data Everywhere bank and credit union leaders look, it seems, someone is talking about how financial institutions should leverage their data and analytics to develop strategies for leapfrogging competition and reducing risk. CRE concentration report.

Strategy 195

Strategy Data Analytics Analysis 195

Insights on Business

MARCH 4, 2019

It seems like just yesterday when complying with regulation was the end goal in itself. The bulk of these efforts were focused on simply churning out reports to keep regulators happy. In addition to the data challenge, regulations are becoming more complex. There is a new and more complex reality now.

Analysis 79

Analysis Report Regulation Compliance 79

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

FICO

NOVEMBER 26, 2020

As businesses use more and more analytics, keeping on top of those models, their changes and their performance is emerging as a greater challenge than ever. FICO Decision Central enables businesses to capture models and other decision assets so that they can be reused, modified and improved over time. “We by FICO.

Management 52

Management Analytics Policies Compliance 52

Abrigo

SEPTEMBER 7, 2023

The institution can more easily capitalize on opportunities and avoid unnecessary risk. Pipeline analytics – Interest rates With the rising interest rate environment, it’s as important as ever to generate higher rates on loans to offset margin compression on higher-cost deposits. Watch this video to learn more.

Report 195

Report Lending Trends Data 195

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

FICO

MAY 20, 2022

To do this, I used the xAI toolkit in FICO Analytics Workbench , part of the capabilities available on FICO Platform , and that means I can create a Python container with my machine learning model, with all its explainability, and use it elsewhere. Download FICO Comprehensive Support for Basel II Compliance. How does it work?

Analytics 52

Analytics Comparison US Management 52

FICO

FEBRUARY 14, 2017

Nepal is looking to grow its economy and the government recently called for enhanced risk management compliance capabilities to help combat cases of financial crime in the country. From this perspective, regulations from major markets such as USA and Europe, will be indirectly applied to the Nepalese banks via correspondent banks.

Compliance 61

Compliance Analytics Regulation Community 61

PYMNTS

MAY 10, 2019

“A community-wide effort to improve compliance standards would prevent liabilities that might stem from trading with bad actors or dealers that trade with bad actors,’’ Darius Sit, a Singapore-based managing partner at crypto trading firm QCP Capital, said, according to Bloomberg. “A

Bitcoin 100

Bitcoin blockchain Community Chicago 100

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. Looking at the top breaches since the financial crisis highlights some of the impacts that major gaps in regulation have on consumers.

Compliance 72

Compliance Regulation blockchain Software 72

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). As such, organizations are coming to the conclusion that they need a consistent, cross-discipline, cross-process view of risk and compliance.

Compliance 98

Compliance System Analytics Data 98

CFPB Monitor

FEBRUARY 10, 2021

On January 26, 2021, the FTC sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (“ECOA”) and Regulation B. The FTC has authority to enforce the ECOA and Regulation B with respect to nonbank financial service providers within its jurisdiction. Capital One, N.A.

Report 78

Report New York City Lending Regulation 78

Abrigo

DECEMBER 17, 2021

As an executive, consider asking questions like: What analytics and insights are missing in our reports? For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. successfully implemented technology.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

MARCH 28, 2019

“This is all being done while managing capital requirements and compliance costs in a rapidly evolving digital landscape marked by increased competition.” The continually rising complexity of regulations, as well as rising and evolving demands from both businesses and consumers, have changed the face of banking.

Regulation 118

Regulation Technology Tools Fintech 118

Celent Banking

MARCH 6, 2015

To accommodate, financial institutions are pressed to implement products such as customer analytics, mobile, CRM, etc. Yet these challenges come at a time of decreased interest margins and broadly defined regulations that require community banks to increase compliance spending and capital reserves at pace with large players.

Conference 100

Conference Retail Community Austin 100

PYMNTS

DECEMBER 5, 2019

But many of these areas of capital outflow suffer the same points of friction, says Erik Ingvoldstad, chief experience officer and co-founder of Norway-based payments technology firm EedenBull. New regulations, new technologies and new players are forever changing the way consumers and businesses thank about payments,” he said. “To

Payments 130

Payments Fintech Management Strategy 130

Insights on Business

AUGUST 2, 2018

With intelligent in-memory caching of relevant information, the solution supports interactive dashboards capable of drilling into the underlying data and uses analytics, and avoids the latency problems common to deploying reporting on an enterprise-wide scale. Learn more about IBM financial risk technology here.

Risk Management 70

Risk Management Data Analytics Resources 70

PYMNTS

MARCH 23, 2016

FinTech’s ability to meet modern customer needs and take advantage of data analytics are seen as two of the biggest factors behind why banks are so vulnerable to this industry. The bank compared early venture capital investments in blockchain to the funding patterns seen in Internet startups in the 1990s.

blockchain 100

blockchain Fintech cryptocurrency Innovation 100

FICO

OCTOBER 28, 2016

Banking is one of the most regulated industries in the world, often saddled with antiquated regulations that are not keeping up with the digital world. Many believe these regulations have kept banks away from the benefits of cloud computing, in particular services hosted on a public cloud. But that is changing.

Analytics 40

Analytics Regulation Mobile Compliance 40

CB Insights

FEBRUARY 6, 2018

Select Investors: Data Collective, Intel Capital, Microsoft Ventures, Tencent Holdings, 500 Startups. Select Investors: Accel Partners, Credo Ventures, Earlybird Venture Capital . Select Investors: AirTree Ventures, Insurance Australia Group, Reinventure, Sequoia Capital China. Select Investors: Cota Capital, Intel Capital.

Analysis 74

Analysis New York Capital Data 74

FICO

JANUARY 9, 2018

Last year saw collectors making plans to deal with new regulations, as were their colleagues throughout banking. Do I have analytics to predict who’s likely to roll to bucket 2? (I I say that knowing that few organizations have analytics that predict bucket-to-bucket roll. Fines for non-compliance are going to hurt.

Analytics 40

Analytics Regulation Data social media 40

Insights on Business

JANUARY 8, 2019

The regulations now being imposed on banks by the regulations demand a significant increase in the number of simulations. The old days of historical VaR and even Monte-Carlo VaR pale into insignificance when we look at CVA sensitivity calculations for the FRTB CVA capital charge. It doesn’t just stop there.

Risk Management 107

Risk Management Management Course Big Data 107

FICO

JANUARY 7, 2021

Leaders will: have a real-time strategic map of their supply chain network, which they will stress-test using scenarios; demand more transparency from their suppliers, and share risk and resiliency with their customers; use that understanding as a lever to reduce their cost of capital. AI Predictions 2020: Artificial Intelligence Grows Up.

Management 52

Management Analytics Strategy Data 52

CB Insights

JULY 24, 2017

With AI applications touching every industry , healthcare has been among the quickest to adopt and explore the potential uses of AI, from diagnostics and drug discovery to remote patient monitoring and risk analytics. In the private market, diagnostics and risk analytics are some of the hottest areas of investment within healthcare AI.

Study 28

Study Analytics Capital Data 28

CB Insights

JULY 24, 2017

With AI applications touching every industry , healthcare has been among the quickest to adopt and explore the potential uses of AI, from diagnostics and drug discovery to remote patient monitoring and risk analytics. In the private market, diagnostics and risk analytics are some of the hottest areas of investment within healthcare AI.

Study 28

Study Analytics Capital Data 28