Abrigo

AUGUST 4, 2016

And some procedures—like analytics, for example—require more extensive documentation due to the amount of judgment applied in their selection, design and evaluation. Analytical procedures, defined Analytical procedures are defined in the professional standards as studies of plausible relationships among both financial and nonfinancial data.

Analytics 150

Analytics Compliance Software Examples 150

The Paypers

JUNE 19, 2023

Singapore-based FOMO Pay has implemented Moody’s Analytics KYC and AML solution to monitor risk and facilitate compliance of its digital payments and digital banking services.

Analytics 28

Analytics Compliance Digital Banking Payments 28

Abrigo

MAY 6, 2015

Even so, there are many judgment calls to be made throughout an audit, including deciding which analytical procedures to perform and which pieces of data among the mountains of data provided are the most important and most vulnerable to misrepresentation.

Analytics 150

Analytics Compliance Analysis Data 150

PYMNTS

NOVEMBER 13, 2018

A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance. As we track transactions, it will be very telling how these challenges will impact organizations’ due diligence processes.

Compliance 144

Compliance Survey Analytics Regulation 144

Bobsguide

NOVEMBER 16, 2017

"Advanced analytics” along with words like machine learning, artificial intelligence (AI), supervised and unsupervised techniques, and anomaly detection have quickly become buzz phrases in the anti-money laundering (AML) compliance sphere. But what, exactly, do these terms mean, and.

Analytics 68

Analytics Compliance 68

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

PYMNTS

SEPTEMBER 21, 2018

20) that its Insights Generator is now live, enabling businesses to use the Suplari Intelligence AI platform to develop custom analytics for their finance and procurement processes. The Insights Generator augments that offering by allowing businesses to access insights on specific areas of the organization for more customized analytics.

Analytics 133

Analytics Data System Management 133

CB Insights

OCTOBER 13, 2021

UK-based Elliptic captures the blockchain sector’s analytical data to provide anti-money laundering and risk resiliency services to fintech firms, government agencies, and cryptocurrency organizations. The company has over 100 customers across 29 countries, including Paysafe, Silvergate, Genesis, Coingate, and Uphold.

Analytics 65

Analytics Compliance blockchain Tools 65

PYMNTS

JUNE 20, 2019

Data analytics company Equifax is teaming up with identity verification solutions provider GIACT Systems to help joint corporate customers mitigate the risk of fraud. “We are pleased to be entering into an alliance with Equifax ,” said GIACT Co-Founder and CEO Melissa Townsley in a statement.

Analytics 122

Analytics Fraud Compliance Data 122

PYMNTS

JUNE 26, 2019

What is surprising, however, is how relatively anemic a showing data analytics makes in terms of executive enthusiasm, with just over a third (35.7 Financial institutions, he noted, don’t pursue things like data analytics as an end in themselves — it is a tool that is almost always going to be used in service of a broader objective. “If

Analytics 118

Analytics Data Tools Fraud 118

PYMNTS

MARCH 19, 2018

Thus, against this backdrop, the announcement came this past week that Mastercard and IBM have partnered and formed a trust – Truata – that allows for analytics of, and protection of, data in compliance with GDPR. Think of it as outsourcing data analytics, to at least ensure that the data is in compliance.

Analytics 124

Analytics Data Compliance Tools 124

PYMNTS

OCTOBER 6, 2020

In either case, Wix’s solution is the same: a combination of in-depth knowledge of their customers’ and partners’ transactions paired with analytics technology to identify suspicious transactions. Preventing Money Laundering Analytically.

Analytics 163

Analytics Data Analysis Payments 163

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

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

Bobsguide

JUNE 14, 2022

Finastra adds Lozenge Analytics complex calculation capabilities to Fusion KTP for treasury customers. Paris, France – June 14 – 2022 – Finastra today announced a partnership with Lozenge Analytics, offering the capabilities to Fusion KTP customers. Users will benefit from advanced treasury and risk management capabilities.

Analytics 60

Analytics Risk Management Compliance Regional 60

Perficient

JULY 27, 2023

The Community Reinvestment Act (CRA) is a federal law in the US that promotes the interest of financial service firms to serve their communities’ credit needs, including low- and moderate-income neighborhoods.

Data 221

Data Compliance Community Lending 221

PYMNTS

APRIL 20, 2018

As Dubey told PYMNTS, this technology goes beyond standard data analytics to not only offer procurement processionals insight into how much a business is spending, but also to solve problems and guide decision makers as they progress toward their overall objectives.

Analytics 103

Analytics Analysis Survey Tools 103

PYMNTS

DECEMBER 27, 2016

Here is the response from Joe DeCosmo, chief analytics officer of Enova International …. Payments 2016: The Year of Payment Innovation Via Predictive Analytics. This was the year for payment innovation through predictive analytics. Download the eBook.

Analytics 110

Analytics Innovation Payments eBook 110

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

JUNE 14, 2016

The chief analytics officer must navigate an increasingly complex playing field of business risk, cybersecurity, financial data, employee data, and just data, period. PYMNTS: What does a day in the life of a Chief Analytics Officer look like? The numbers are the numbers – it’s the making sense of them that counts.

Analytics 100

Analytics Customer Experience Data Leadership 100

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

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. Many reasons why this project will continue from a sustainability and reliability perspective. The outerspace update took the events to even further heights. SharePoint Lists goes offline seamlessly!

Analytics 593

Analytics Meeting Video Data 593

Insights on Business

MARCH 19, 2018

Maintaining regulatory compliance is a daunting task. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs.

Compliance 135

Compliance Meeting Regulation Comparison 135

Bank Innovation

JULY 16, 2018

Financial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged.

Analytics 284

Analytics Data Big Data Fintech 284

Bobsguide

JULY 4, 2017

Business Systems’ Tim Thurston explains how Interaction Analytics can be used to help comply with the ever tightening regulations within the financial services Industry. Why is the adoption of Interaction Analytics gaining momentum within financial services? In an effort to comply with.

Analytics 60

Analytics Tools Compliance Regulation 60

Perficient

SEPTEMBER 16, 2020

Director, Safety and Pharmacovigilance , Prabha Ranganathan Director, Clinical Data Warehousing and Analytics, and Christine Livingston , Chief Strategist, Artificial Intelligence, presented a webinar on integrating AI and automation to transform and optimize an end-to-end pharmacovigilance (PV) system. .

Analytics 294

Analytics Compliance Data System 294

Bobsguide

MARCH 21, 2018

It has become apparent that customers interact with organisations in more ways than ever before - email, social media, instant messaging and mobile are just a few in a increasingly growing list. On average, almost six different channels are used during the lifecycle of each customer relationship.

Analytics 68

Analytics Compliance social media Mobile 68

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

Insights on Business

AUGUST 15, 2018

A few weeks ago, my colleague Sam Kalyanam discussed the challenge facing financial institutions regarding the way they conduct anti-money laundering (AML) compliance. Let’s be honest, banks and other institutions have been dealing with sub-par compliance processes for a long time.

Compliance 70

Compliance Analytics System Regional 70

Perficient

FEBRUARY 25, 2021

In season 1 episode 7 of the Intelligent Data Podcast , host Arvind Murali and his guest Pawan Gupta , Perficient’s Principal of Commerce and Omnichannel Services, discuss the impact data has on ecommerce, supply chain, and order management as well as key considerations such as data privacy and compliance. ?. Listening Guide.

Data 452

Data Analytics Apple Google 452

The Paypers

MAY 5, 2023

Netherlands-based Crystal Blockchain has made its compliance and investigations tool, Crystal Expert, available to universities around the world.

Tools 69

Tools blockchain Analytics Compliance 69

CB Insights

AUGUST 10, 2021

Messari, a crypto analytics and research firm, has raised $21M in a Series A funding round. New York-based Messari’s crypto analytics tools and research database enables investors to explore opportunities in the emerging asset class. How’s the company performing? Want the full post? Become a CB Insights customer.

Analytics 69

Analytics Tools New York cryptocurrency 69

The Paypers

APRIL 12, 2017

(The Paypers) Advanced Logic Analytics (ALA) has announced the introduction of the ALA OneLogic for compliance-related obligations, fraud monitoring and risk management.

Analytics 28

Analytics Compliance Risk Management Data 28

FICO

FEBRUARY 14, 2017

I’m going to explore the impact advanced analytics can have on the current state of regulatory compliance. At our FICO TONBELLER User Group , we shared Baker & McKenzie’s view on the use of AI for financial crime compliance: At FICO TONBELLER , we have a head start. That’s what a compliance officer is looking for.

Analytics 40

Analytics Compliance Meeting System 40

FICO

JUNE 5, 2017

They’re not sure how to reap the value of these insights by using them to boost the performance of predictive analytics, and make better operational customer decisions. In all of these endeavors, I’ve been excited by a common thread: the predictive power of text analytics and graph-based methods to improve classical machine learning recipes.

Analytics 108

Analytics Analysis Data Compliance 108

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195