FICO

JANUARY 8, 2020

At long last, fraud and compliance infrastructures are starting to converge. In the US, the use of artificial intelligence and machine learning in compliance is set to expand dramatically, per directives from the Financial Crimes Enforcement Network (FinCEN). This regulatory pressure is happening in other regions as well.

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

SEPTEMBER 20, 2018

According to ProfitStars, more than 2,500 community and regional banks offer online bill payment to their retail and small business clients through iPay Solutions. The iPay ESM tool helps those institutions fight fraud while maintaining compliance with the Federal Financial Institutions Examination Council (FFIEC), the firm said.

Fraud 156

Fraud Online Analytics Tools 156

PYMNTS

FEBRUARY 11, 2020

The Uber Money team will be geared toward putting into place new payment methods, harnessing smart routing technologies for payment gateways, using Uber artificial intelligence (AI) models for intelligent risk decisions and enabling as well as developing financial compliance tools. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

JANUARY 30, 2019

What’s more, companies must also work to remain compliant with the laws in place across the different regions where they operate. In addition, how can they remain confident that they are in compliance with existing AML laws? How can they rest assured that their trading partners are trustworthy and who they claim to be? In the U.K.,

How To 170

How To blockchain Compliance Regional 170

FICO

JULY 23, 2020

Europe and the USA are the two regions of the world hardest hit by financial crime compliance costs. With the projected total cost of financial crime compliance across the global finance sector estimated to be $180.9

Compliance 52

Compliance Regional Analytics Software 52

PYMNTS

APRIL 3, 2019

Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. Today, the report found, most treasurers prefer to work with traditional banks, thanks to their competitive advantage of customer trust and compliance.

Analytics 123

Analytics Management Fintech Regional 123

PYMNTS

OCTOBER 23, 2018

22), BofA Merrill said the solution also integrates data analytics and machine learning technologies to accelerate the process. In a press release issued Monday (Oct. The solution is supported across 89 countries and can make conversion in 41 currencies, the bank noted.

America 190

America Regional Analytics Compliance 190

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator. Reg & Risk: Still Showing Up For Surprise Quizzes.

Fintech 184

Fintech Lending Software Compliance 184

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Analytics will be the new black. Analytics will be the new black. Of course, as an analytics provider, we would say that. Analytics clearly provide a better quality of outcome, but that’s not their only advantage. We expect that to change.

Compliance 40

Compliance Analytics Taxes Groups 40

Bobsguide

APRIL 27, 2022

The signature of this alliance plays an important role in the strategic vision of Prometeia to gradually expand into the German and Central European market, where SAP FSDP is used by an increasing number of banks to feed Risk analytics and regulatory reporting solutions. To know more: www.prometeia.com and risk.community@prometeia.com.

Data 148

Data Analytics Risk Management Management 148

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. Industry borrower data.

Strategy 195

Strategy Data Analytics Analysis 195

FICO

SEPTEMBER 16, 2020

FICO’s Integrated AML Compliance Survey has revealed that while the vast majority of banks in more than 11 countries around the Asia Pacific region believe that AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology. Investment in compliance technology.

Survey 52

Survey Compliance Regional System 52

PYMNTS

AUGUST 20, 2019

Among the features of the network, data analytics help boost procurement activities and are linked to 20 years of validated information that is, in turn, held by Achilles. But in some respects, and beyond the generalities, oil and gas supply chains do have distinct trends in place, he said, such as regional variations in the nature of demand.

Online 108

Online Analytics Compliance Data 108

PYMNTS

APRIL 23, 2019

The supply chain finance platform deploys risk analytics as well as automated customer selection, fraud mitigation and credit scoring for users, the company noted. trillion gap in trade finance globally. . trillion gap in trade finance globally.

Mobile 116

Mobile Regional Analytics Compliance 116

PYMNTS

APRIL 23, 2019

The companies will provide superannuation funds and their managers with a procure-to-pay system that supports governance and compliance, a repository to manage contracts and accelerate the negotiation process, a mechanism to link contracts to the source-to-pay value chain, and a supplier relationship management framework.

Management 108

Management Regional Analytics Compliance 108

Abrigo

FEBRUARY 23, 2023

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Check out our 1071 compliance resources. Worried about complying with the CFPB 1071 rule?

Community Bank 195

Community Bank Kansas City Community Lending 195

FICO

OCTOBER 25, 2021

In the global fight against money laundering, every bank shares the same top-line challenge and bottom-line reality; anti-money laundering (AML) operations are essential in combatting financial crime—and a costly compliance commitment. Against these and other pressures, banks face an urgent need to improve their AML defenses. .

Compliance 52

Compliance Analytics System Meeting 52

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Armando Junior, general manager, risk and compliance at Dock (previous winner) .

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

NOVEMBER 11, 2020

FICO has announced its panel of independent judges for the 2021 FICO® Decisions Awards which honor clients achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. David Dittman, vice president, Data & Analytics (previous winner).

Meeting 52

Meeting Analytics Big Data Management 52

Insights on Business

FEBRUARY 3, 2019

The future is here with the convergence of technologies and capabilities including AI, robotic process automation, blockchain, advanced analytics and cloud. Trustmark implemented a solution that transformed the loan process, which reduced costs and improved compliance. Automated front and back office.

Customer Experience 157

Customer Experience social media Case Study Video 157

Bobsguide

JUNE 10, 2022

EMIR Refit looks set to be no different, with compliance preparations still hindered by a lack of clarity on how the regulation will fit with other jurisdictions’ frameworks,” says Ross Lancaster, Head of Research at Acuiti. Nevertheless, there is no alternative to upgrading or replacing systems for compliance.

Regulation 88

Regulation Resources Study Compliance 88

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. Respondents had a difference of opinion on the most effective way to increase money laundering compliance. Financial Crime Compliance Predictions 2019: Stop the Scandals! McConaghy added.

Compliance 45

Compliance Regional Survey Analytics 45

Abrigo

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. BSA teams began hiring for skill sets that included analytical and investigative thinking. After a few years of court battles over specific privacy laws, the Currency Transaction Report (CTR) became mandated by the BSA in 1976. soil. .

Training 195

Training Risk Management Pennsylvania Resources 195

FICO

NOVEMBER 16, 2022

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. Pain Points in Fraud Management Vary by Region. Investing in Fraud Prevention and Detection.

Fraud 52

Fraud Data Survey Regional 52

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision. So once again, integration models and tools are important.

Strategy 156

Strategy System Risk Management Technology 156

FICO

OCTOBER 17, 2018

If your business uses FICO analytics and software to manage risk, fight fraud, improve profitability, increase financial inclusion or comply with regulations, you are already ahead of the curve. That’s why the FICO® Decisions Awards were created — to find the best of the best, the companies that are truly competing with analytics.

Analytics 40

Analytics Fraud Compliance Regional 40

FICO

DECEMBER 12, 2022

While the global payments market has been transformed by several factors, not least the COVID-19 pandemic, traditional cash-based payments still dominate across the region. With this region-wide change in payment preferences comes the associated challenge of an increase in fraud. The Future of Fraud Detection in the MENA Region.

Fraud 52

Fraud Regional CA America 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

Abrigo

APRIL 21, 2023

Kirby “If you do it correctly, you can shrink your scope size and look at riskier portfolios,” said Kent Kirby, a retired banker with 39 years of experience in all aspects of commercial banking: lending, loan review, back-room operations, credit policy, portfolio management, and portfolio analytics. It speeds things up,” Kirby said.

Lending 195

Lending Risk Management Software System 195

PYMNTS

SEPTEMBER 20, 2017

Flywire’s success has been based on a few core concentrations, said Massaro – namely pricing, with attendant analytics, which he said give indications of fair and reasonable pricing defined on a market-by-market basis in education (also healthcare). The new announcement from Europe comes after success in building its U.S.-focused

Payments 112

Payments Study Regional United States 112

PYMNTS

JUNE 26, 2017

The recommended strategies include investing in alternative payment methods to establish a strong local presence, improving security and compliance protocols and developing a seamless international eCommerce experience. A Compass for Merchants Navigating the PaaS Space.

Report 150

Report Payments Meeting Tools 150

PYMNTS

APRIL 26, 2018

Many of the larger EU-based firms have been preparing for GDPR for years and have processes in place that anticipate the formal debut of GDPR and its compliance mandates. Thus, the compliance side, at least in financial services, may override the privacy side of the equation. When it comes to U.S.

Regulation 128

Regulation Data Compliance Examples 128

Insights on Business

MAY 23, 2019

Variable compensation plans can be very complex, and some compensation leaders must manage plans across multiple geographic regions and business units. Audit and compliance reporting challenges. Territory hierarchy by country, region, state and city. Territory hierarchy by country, region, state and city. Salary levels.

Management 96

Management Software Operations Meeting 96

FICO

AUGUST 3, 2022

FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Convergence – Beyond Fraud and Financial Crime Compliance. Fraud Ideas from FICO World 2022 – and Excitement for 2023! Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. Wed, 08/03/2022 - 12:40.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

JANUARY 22, 2020

We recently conducted a survey with banks in the region and found that 4 out of 5 (78 percent) have seen their fraud losses increase. Banks will need to move beyond passwords and OTPs and add biometrics, device telemetry and customer behavior analytics to keep up with the changing payments landscape. by Dan McConaghy.

Survey 52

Survey Fraud Payments Regional 52

PYMNTS

APRIL 20, 2017

Challenger banking has evolved to be a microcosm of FinTech trends and innovation — with the sheer level of competition and diverse trends in the various regional markets making it an ideal ecosystem for observing.”. Many of these companies take a digital-first approach to their offerings, and that means a digital approach to compliance, too.

Compliance 110

Compliance Innovation social media Lending 110

FICO

DECEMBER 23, 2020

We expect these advanced analytics will play an even greater role this year in the prevention and detection of money laundering, terrorist financing, and other illicit financial crimes. We predict that regulators will continue to emphasize financial crimes compliance by looking to close the gaps in existing frameworks and regulations.

Compliance 52

Compliance Regulation Data Risk Management 52