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

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies. In Summary.

Operations 118

Operations Software Risk Management Management 118

Perficient

FEBRUARY 27, 2024

Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

PYMNTS

APRIL 29, 2019

Citi announced on Monday (April 29) the launch of NextGen, its artificial intelligence-powered risk analytics scoring engine. We process nine million transactions annually, and the NextGen project will help us optimize our processes from the back office to the front by expanding the use of digitization, automation and advanced analytics.”.

Analytics 123

Analytics Compliance Innovation Operations 123

PYMNTS

DECEMBER 14, 2020

Managing financial data across a vast array of platforms, including accounts payable, accounts receivable, accounting and ERP systems, creates a challenging environment in which to understand cash positions and forecast cash inflows and outflows. Achieving real-time data analytics is a lofty goal for organizations without the proper tools.

Management 308

Management Strategy Data Tools 308

South State Correspondent

JANUARY 17, 2024

As we pointed out, bank management needs to understand how a bank creates franchise value, and one way is to sell more profitable products to more profitable customers. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital.

Study 195

Study Maine Analytics Capital 195

Bobsguide

JULY 28, 2022

New York, 27 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth. Thomas will be integral to building on TS Imagine’s significant momentum and further develop our offerings.”.

Operations 88

Operations New York Analytics Software 88

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

NOVEMBER 9, 2020

Even companies that did not directly interact with individual consumers have seen their operations change rapidly as the health crisis-driven economic downturn negatively affects customers’ abilities to pay for goods and services and vendors’ abilities to supply inventory. How the Pandemic Changed Capital Management.

Analytics 130

Analytics Company Innovation Capital 130

PYMNTS

MAY 11, 2018

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Operating in the trade finance market, CCRManager announced $6.5 Expense Management. CCRManager.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

MARCH 1, 2020

Seal Software, founded in 2010, advertises itself as a leader in enterprise contract analytics. The company works with others, such as Nokia, Dell and PayPal , on managing contracts. Docusign, which is based in San Francisco, operates its largest base out of Seattle, where it was originally founded in 2003.

Software 130

Software Analytics San Francisco Seattle 130

PYMNTS

OCTOBER 24, 2018

While executives may understand the importance of key technologies like data analytics, artificial intelligence (AI) and machine learning (ML) to improve their processes, they don’t always turn that understanding into actionable adoption of those tools. They attribute data analytics to heightened efficiency and reduced costs.

Analytics 153

Analytics Data Survey Analysis 153

PYMNTS

APRIL 1, 2020

One bank exploring data analytics is ATB Financial , which has 173 branches and 142 agencies throughout the Canadian province of Alberta and assets totaling more than $54.3 One of the early tools of ATB’s data analytics program was its customer service robot, Pepper , which was developed in partnership with SoftBank Robotics America.

Analytics 130

Analytics Data Fraud System 130

PYMNTS

SEPTEMBER 30, 2019

The deal will see the ShipServ TradeNet platform integrated and pre-installed into Hanseaticsoft’s Cloud Fleet Manager (CFM) software. By simply ticking a box, a ship owner or manager’s purchasing department has an immediate and secure access to an entire marketplace and more than 75,000 suppliers to the maritime industry.”.

Management 122

Management Software Operations Analytics 122

PYMNTS

FEBRUARY 17, 2017

16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company.

Operations 100

Operations Portland Management Analytics 100

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Data Management. Expense Management. Talent Management. Trilio Data.

Analytics 189

Analytics Data Capital San Francisco 189

PYMNTS

NOVEMBER 2, 2020

Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expense management offering into North America. Plus, Suplari launches new corporate spend management solutions, and PROS expands its Adobe partnership to help B2B business customers launch eCommerce operations.

Tools 148

Tools Management America ATM 148

PYMNTS

JULY 17, 2019

According to Trisha Price, executive vice president of Product Development and Engineering at bank technology provider nCino , that reactive approach is rooted in one of the largest challenges today for banks and their lending operations. On top of that balancing act is the rising pressure of regulatory compliance, too.

Data 130

Data Management Analytics Compliance 130

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”.

Security 141

Security Tools Fraud System 141

FICO

SEPTEMBER 29, 2022

Delivering Trust for Risk-Aware Telcos - Using Data and Analytics. It’s a route to ensuring they consistently design digital offers around the customer to continually create trust, security, and far better experiences. FICO Admin. Tue, 07/02/2019 - 05:23. by Tim Young. expand_less Back To Top. Wed, 09/28/2022 - 15:25.

Analytics 52

Analytics Data Risk Management Customer Experience 52

PYMNTS

SEPTEMBER 7, 2017

Think the life of a vice president of analytics is all about the numbers? But in an interview with PYMNTS, Massy Najafi , who serves in that role at Guardian Analytics , shed light on more than a few other aspects of the job. PYMNTS: What does a day in the life of a VP at Guardian Analytics look like? Think again.

Analytics 116

Analytics Fraud Innovation Industry 116

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The group managed to get $12 million from 2,000 investors, Coindesk reports. The defendant in the case is Utah resident Daniel F.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

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

JUNE 3, 2016

Check out who secured venture capital in our breakdown below. Enterprise Security. Ionic Security. It may have begun as a way for individuals to take control of the data they share on social media sites, but Ionic Security has begun to shift its focus to securing the data of enterprises and their employees.

Security 100

Security Data Analytics Capital 100

Insights on Business

JUNE 25, 2019

Has your company recently invested in a sales performance management (SPM) solution? As the IBM white paper Top considerations for implementing sales performance management reveals, decisions made during SPM implementation impact not only the effectiveness of the solution, but also the sales and revenue growth of the entire organization.

Management 116

Management Analytics System Analysis 116

PYMNTS

DECEMBER 8, 2017

It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. Expense Management. secured $40 million in Series C funding, reports this week said. PYMNTS breaks down the investments for B2B FinTechs below. Artificial Intelligence. California-based H2O.ai

Bitcoin 139

Bitcoin Analytics Payments Capital 139

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 93

Operations System Groups Technology 93

PYMNTS

MAY 18, 2017

For their part, technology startup Dor is a foot traffic counting and analytics solution vendor. It offers retailers a scaleable foot traffic sensor and analytics platform which leverages thermal sensing and machine learning algorithms to track customer traffic and provide insights to retailers. Just recently, Dor announced a $3.8

Analytics 105

Analytics San Francisco Retail Analysis 105

PYMNTS

JUNE 13, 2018

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced.

Management 124

Management Data Resources Taxes 124

Cisco

NOVEMBER 23, 2020

Some of the key benefits of embracing a cloud-managed IT solution include a decrease in time to market thanks to automation and zero-touch provisioning, the ability to simplify visibility and troubleshoot while helping IT teams get ahead of issues, and the ability to focus extra time and budget on resources and business-critical projects.

Customer Experience 149

Customer Experience Analytics Video Resources 149

Abrigo

JANUARY 24, 2024

These failures were primarily brought on by liquidity concerns around bank stability from severely decreased values of bank security portfolios and inadequate equity to absorb the hit. The increase is not only due to the projected rise in problem banks but also in response to three significant bank failures in 2023.

FDIC 195

FDIC Regulation Strategy Data 195

Abrigo

APRIL 25, 2024

At the same time, 59% pursued credit to meet operating expenses. It is essential for banks and credit unions to adjust lending and underwriting strategies to secure profitable new or expanded business loans with acceptable risk. A majority of applicants sought less than $100,000. 1 appeared first on Abrigo.

Lending 221

Lending Trends Capital Strategy 221

Perficient

MARCH 3, 2021

Taking a cloud or multicloud approach has many benefits like reducing vendor lock-in, greater agility, scalability, network performance improvement, improved risk management, and more. But a multicloud environment can create silos and expose a need to manage all that data. Operating expenses are high for maintenance.

Data 309

Data Exercises Management Risk Management 309

Chris Skinner

MARCH 7, 2017

Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT could reduce the traditional reliance on a central ledger managed by a trusted entity for holding and transferring funds and other financial assets.

Technology 323

Technology Payments Analytics blockchain 323

PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

MARCH 29, 2016

New analysis from Global Market Firm finds a promising future for the cloud-based corporate travel and expense management industry. But the report, published this week, also suggests that data security could trip up the industry’s expansion this decade.

Security 100

Security Big Data Analysis Analytics 100

Cisco

APRIL 26, 2022

Those opportunities will rely on data and analytics for real-time decision making. They now oversee subsidiaries that leverage their finance and data analytics competencies to build ecosystems for a variety of non-financial industries like healthcare and real estate. What Lies Ahead. Customer Value.

Big Data 148

Big Data Data Analytics Examples 148