South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. Our ARC Program is one of many out there in the market but few other programs come with the array of support, analytics and resources that ARC banks enjoy.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

United States 174

United States Regulation cryptocurrency Cleveland 174

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

PYMNTS

FEBRUARY 27, 2020

In a recent conversation with PYMNTS’ Karen Webster, Grab Financial Group’s Head of Lending Ankur Mehrotra highlighted the significance of Southeast Asia’s SMB lending opportunity, in which McKinsey research has calculated a whopping $175 billion gap in available financing for micro and small businesses in the region. ”

Data 181

Data Regional Lending Analysis 181

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. News From The AML/KYC Ecosystem .

How To 170

How To blockchain Compliance Regional 170

PYMNTS

AUGUST 21, 2019

The bank is making use of technologies like machine learning (ML) and advanced data analytics to ensure its updated app provides the most personalization and speed that it can to customers. Digital banking is on the rise worldwide, with regions like Taiwan following Singapore’s lead and introducing digital banking licenses.

Trends 194

Trends Digital Banking Innovation Regional 194

PYMNTS

OCTOBER 7, 2020

This means individual transactions are unlikely to pop up on regulators’ or tax officials’ radar, thus keeping the operations under wraps. Data analytics is another critical tool that eCommerce payment providers can leverage in their anti-money laundering (AML) efforts. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

PYMNTS

JANUARY 30, 2020

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. Helios and Matheson Analytics, parent company of MoviePass, filed for Chapter 7 bankruptcy on Wednesday (Jan.

social media 141

social media Payments ATM Fraud 141

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

Bobsguide

JUNE 10, 2022

The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.

Regulation 88

Regulation Resources Study Compliance 88

Bobsguide

APRIL 13, 2022

Kamal El Khoury, Regional Sales Director at Finastr a said, “Our corporate banking solutions will help Banque Misr reduce human errors, unlock data analytics and comply with regulations at a reduced cost. For us, Finastra is not just a company that sells software.

Regional 113

Regional Innovation User Experience Software 113

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing. The companies plan to expand their integration for additional functionality moving forward.

Metro 136

Metro Regional Fintech National 136

South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. The concern is grounded in data as higher balance accounts are more interest rate and risk-sensitive than lower balance accounts.

How To 195

How To Examples Resources Community Bank 195

PYMNTS

NOVEMBER 30, 2017

The startup supports financial institutions across the Asian Pacific region as these banks and other traditional players scramble to keep up with competition from newer, nimbler FinTech companies. Third, there’s the ability to control transactions through data analytics.

Risk Management 116

Risk Management Regional Analytics Fraud 116

PYMNTS

SEPTEMBER 25, 2017

Australia is now the Asia Pacific region’s second-largest alternative finance market, largely due to a favorable regulatory climate, according to new KPMG analysis. The Australian market is quickly becoming a hotbed of alternative lending , and new analysis from KPMG suggests it has risen up in the ranks.

Lending 100

Lending Regional Analysis Survey 100

PYMNTS

MARCH 3, 2020

Technologies such as predictive analytics and target marketing enable employees to help more customers per hour, and advanced self-service stations equipped with touchscreens may eliminate the need for customers to interact with human bankers. Hindrances to Digital-First Implementations.

ATM 151

ATM Fraud Study Regional 151

Abrigo

DECEMBER 18, 2023

Certainly, one asset class, the regional mall, is quite dead,” Kirby said. CRE loan management tips Recent guidance on CRE loan modifications and workouts is evidence that regulators are concerned about managing CRE risk. Benchmark industry analytics help identify how borrowers are doing compared to the industry.

Risk Management 221

Risk Management Management Lending Capital 221

FICO

DECEMBER 18, 2018

Accounting Rules & Regulation Overload. You don’t have to be Nostradamus to predict that regulation will continue to drive change in the collections industry. In fact, the regulatory pressure may be compounded by a rush of interpretation of recent regulation. I’ll break it down to four focus areas.

Analytics 45

Analytics Regulation Regional Marketing 45

Abrigo

SEPTEMBER 10, 2021

BSA teams began hiring for skill sets that included analytical and investigative thinking. The current Taliban takeover in Afghanistan is concerningly correlated to the pre-9/11 activities of the terrorist activity in that region, and many high-level government officials and law enforcement believe that future terror attacks are imminent.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

APRIL 26, 2018

A month away, and the General Data Protection Regulation (GDPR) looms large. The regulators are thinking of this as being a process, so if a company has not done anything by the time they get to May 25, then they have the potential for significant issues,” he said. “In You must be moving towards transparency.” When it comes to U.S.

Regulation 128

Regulation Data Compliance Examples 128

PYMNTS

JULY 25, 2019

An organization may have the resources to stay on top of ever-evolving regulations, but increasingly, businesses are being held accountable not only for their own compliance standing, but also that of their business partners down the supply chain. When it comes to regulatory compliance, no corporate is an island. Machine Learning Steps In.

Compliance 100

Compliance Regulation Data Regional 100

PYMNTS

JANUARY 1, 2021

This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. The year-over-year increase in cross-border online sales was even more dramatic in other regions. regulations.”. Digital Identity.

Trends 259

Trends Video Retail Payments 259

FICO

SEPTEMBER 29, 2020

The attendees had a combined experience of over 300 years across analytics, credit risk and operations across Europe, UK, the Middle East and Southern Africa. Across all markets, regulation moved quickly around payment holidays and moratoriums for both the consumers and SMEs. Topic 2: How are you using advanced analytics?

Management 87

Management Analytics Data System 87

PYMNTS

AUGUST 11, 2020

This includes Dutch digital-only challenger bank Knab as it attempts to shore up its solutions to comply with the European Union’s Strong Customer Authentication (SCA) regulation. Other FIs are tapping emerging technologies to give their onboarding processes the speedy yet secure edge they need to entice consumers to complete them.

Report 247

Report Guam Hawaii Security 247

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

Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

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

AUGUST 2, 2021

But as more adopters sign up, it's being suggested that services may be rolled out free of charge to educational establishments, hospitals, and isolated regions. It's part of a global drive to offer education, the analytical tools and digital technology to those previously unable to take advantage of the internet and all it has to offer.

Analytics 52

Analytics Online Customer Experience Regional 52

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. To add to the concern, new types of transactions outside of banking are emerging as money laundering risks in the region. Cognitive Analytics for AML – Making SARs Count. McConaghy added.

Compliance 45

Compliance Regional Survey Analytics 45

FICO

JULY 23, 2020

Europe and the USA are the two regions of the world hardest hit by financial crime compliance costs. The International Bank of Azerbaijan is the largest financial institution both in the Republic of Azerbaijan and the Caucasus region.

Compliance 52

Compliance Regional Analytics Software 52

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).

Payments 112

Payments Study Regional United States 112

FICO

OCTOBER 25, 2021

Led by Chief Analytics Officer Dr. Scott Zoldi , FICO’s expertise in artificial intelligence (AI) drove a dramatic improvement in the efficacy of money laundering detection efforts for three global banks in the Asia Pacific region. Against these and other pressures, banks face an urgent need to improve their AML defenses. .

Compliance 52

Compliance Analytics System Meeting 52

PYMNTS

APRIL 26, 2018

To address this trend, NatWest recently announced a joint effort with Mastercard-owned consulting company Vocalink Analytics to use AI and machine learning to more quickly detect potential fraud. Across Europe, the region is preparing for the rollout of the General Data Protection Regulation (GDPR) mandate next month.

Trends 100

Trends Fraud Technology Regulation 100

FICO

DECEMBER 9, 2019

In highly regulated countries, like the UK, these changes should be a positive experience for people in debt. Where financial services is not so regulated, these changes will be a challenge. There still isn’t much deployment of leading-edge analytics , at least in EMEA. Brexit will hold back British investment in collections.

Analytics 52

Analytics Regional Strategy Regulation 52

PYMNTS

FEBRUARY 14, 2018

Most recently, Mastercard enabled its issuers in the region to provision their branded cards to work with Apple Pay and Samsung Pay to reinforce the cashless ecosystem. These stored value products work like a traditional bank account, but without the requirements that most banks in the region have for opening and maintaining a bank account.

Regional 101

Regional Cards Samsung Innovation 101

Gonzobanker

JANUARY 17, 2020

Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g., New regional banks will struggle with operational maturity and customer experience. Banks are high on the “opiate” of zero credit costs … be careful.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. What does FICO offer and how does it distinguish from other AFC solutions?

Compliance 81

Compliance Technology Fraud Analytics 81