Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Product Innovation — for demonstrating the ability to launch multiple innovative products.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

This is the next article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. This week’s article focuses on Model Bank entries in the Products category. Product Innovation — for demonstrating the ability to launch multiple innovative products.

Innovation 100

Innovation Lending Boston Trends 100

BankUnderground

MAY 15, 2024

These models form the bedrock of revolutionary technologies like large language models (LLMs), opening up new ways for regulators, such as the Bank of England, to analyse text data for prudential supervision and regulation. Analysing text data forms a core part of regulators’ day-to-day work.

Training 68

Training Regulation Policies Data 68

Perficient

DECEMBER 14, 2020

In the previously cited article, it is projected that an additional 20% of enterprises will prepare for IT workload disruptions by protecting data in the public cloud. Cloud Computing will be Increasingly Regulated.

Technology 348

Technology Trends Software Resources 348

Perficient

MARCH 3, 2023

In our last article, Starting Down the Road to Supply Chain Visibility , we discussed Perficient’s recommendations regarding processes to provide supply chain visibility. Perhaps regulators will want/need access to satisfy their inquiries. Do internal/external auditors need to know?

blockchain 275

blockchain Management Regulation Resources 275

PYMNTS

AUGUST 20, 2018

But here’s the rub: The guilty verdict was made on the basis of A&P’s use of supply chain innovations to lower prices to consumers. Regulators didn’t destroy A&P in the end. Its failure to keep innovating in the face of new players that did was A&P’s downfall. Lower prices. By 2015, it had closed its doors.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

NOVEMBER 10, 2019

After an unsuccessful plan to connect with Alibaba Group and other mainland investors, the move is jump-starting a project to attract China’s most innovative companies to list domestically. New rules from regulators are expected soon, sources told WSJ. Last year’s “¥200 billion [$1.8

Strategy 109

Strategy Regulation Capital Groups 109

PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

PYMNTS

AUGUST 14, 2017

Shortly after that meeting, the article says they were told by Facebook that talks would proceed no further. But two short years ago, article after article was piling onto Whole Foods as basically the biggest loser in the grocery sector. The regulators in Europe piled a $2.7 They are down near the bottom at 1.7

Innovation 109

Innovation Online Google Millennials 109

Abrigo

MARCH 7, 2022

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 1 Regulators have increased their focus on BSA in the first quarter of 2022, and the crisis in Ukraine will put OFAC in the spotlight.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Chris Skinner

FEBRUARY 3, 2017

Curating the daily news yesterday, I was surprised to see an article published by Wharton Business School that irritated me. Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. million banking jobs by 2025.

Innovation 150

Innovation Millennials ATM Data 150

Abrigo

JULY 16, 2021

Would you like others articles like this in your inbox? Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. While these are general today, the AMLA requires that regulations be written around each Priority, as appropriate. financial system. How to prepare.

Community 195

Community Regulation Training Policies 195

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 3 NBFIs should review common deficiencies in AML programs that regulators are citing and fix issues before their next audit or exam.

Regulation 195

Regulation cryptocurrency Policies Management 195

Abrigo

MARCH 24, 2021

Anti-Money Laundering Act of 2020 BSA professionals should prepare for changes as new regulations and guidance from FinCEN unfold. Want more BSA readiness articles sent to your inbox? Takeaway 2 While the AMLA is now law, regulations, guidance, and other information still needs to be written. Anti-Money Laundering Act of 2020.

Regulation 195

Regulation Training Study Policies 195

Chris Skinner

MAY 1, 2017

Now I don’t want to get into politicks, as that’s not my job, but I do want to point to an interesting article on TechCrunch by Nik Milanovic (@NikMilanovic) that illustrates the issue well. This would enable a FinTech to go through ONE regulator to get to market, rather than the 200 or more they would have go through today.

America 211

America Fintech National Regulation 211

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? . A Growing Crackdown .

US 168

US Regulation Groups System 168

Gonzobanker

AUGUST 24, 2023

In an article titled Is the Banking Crisis Over? Every management fad has a life cycle, and the innovation fad is on its last legs. For the past five years or so, banks have obsessed over “innovating.” Banks need to stop playing innovation charades. 4) The creativity imperative. 5) The political element.

Innovation 146

Innovation United States Industry Technology 146

Bank Innovation

MAY 11, 2017

This is the third part of a series of five articles. company owned servers and 3) regional jurisdictional data, payments and identity infrastructure is inevitable and the most effective way to manage those threats is by giving would-be-global European firms a competitive edge in the form of regulation. Care to elaborate?

Regulation 252

Regulation Regional Apple America 252

PYMNTS

JANUARY 29, 2020

The company’s articles of incorporation reference “the digital nature of the shares (tokens) and the use of the blockchain as the technology to keep the shareholders registry.”. 29) by Coindesk. The prospectus said that the company is offering 8,399,000 “common equity share security tokens” on the ethereum blockchain.

blockchain 133

blockchain Groups cryptocurrency Bitcoin 133

PYMNTS

AUGUST 18, 2019

He allegedly started getting donations in late May from five Amazon senior executives, the article said. Experts said the timing of Amazon executives’ payments likely reflects the company’s heightened urgency over growing regulatory scrutiny, the article said. “It The main benefactor of the campaign funds was reportedly Rep.

Policies 124

Policies Apple Google Maine 124

FICO

NOVEMBER 19, 2019

One of the hottest hot beds of innovation is artificial intelligence to combat financial crime, fraud and cyber risks while helping financial services organizations comply with security, privacy and data protection regulations. It may seem like an oxymoron, but I think it’s because FICO has made a habit of innovating.

Innovation 40

Innovation New York Compliance Fraud 40

Abrigo

NOVEMBER 2, 2021

Would you like other articles like this in your inbox? The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance. Takeaway 1 Financial institutions should be prepared for changes due to AMLA and its significance in AML laws.

Compliance 195

Compliance Regulation Resources Policies 195

Abrigo

NOVEMBER 17, 2023

The true cost of fraud goes beyond the initial reported fraud losses Would you like other articles like this in your inbox? It is a continual battle requiring vigilance, innovation, and a commitment to safeguarding all stakeholders. Measuring the cost of fraud losses. financial s ystem. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

AUGUST 10, 2020

Content platforms can thus lose potential customers who might not have wanted to pay for subscriptions but who may have considered paying piecemeal for access to specific articles, videos or other media. These systems can also be used to selectively show content that users are most likely to find engaging or worth purchasing.

User Experience 242

User Experience Payments New York City Tools 242

Perficient

AUGUST 14, 2020

We identified Six Key Commitments, and here are the first , second , third , fourth , and fifth articles. Evolving Regulations – Each state has their own guidelines for managing this health crisis. Today, we turn our attention to: The SIXTH COMMITMENT. It’s a dynamic event that constantly changes with new associations.

System 519

System Analytics Strategy Guidelines 519

PYMNTS

DECEMBER 5, 2018

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. We found a proliferation of press releases, white papers and persuasively written articles.

blockchain 166

blockchain Bitcoin cryptocurrency Analysis 166

PYMNTS

AUGUST 8, 2020

Content platforms can thus lose potential customers who might not have wanted to pay for subscriptions but who may have considered paying piecemeal for access to specific articles, videos or other media. These systems can also be used to selectively show content that users are most likely to find engaging or worth purchasing.

User Experience 187

User Experience Payments New York City Tools 187

PYMNTS

OCTOBER 18, 2018

At the time, Heinz Tännler, finance director of the canton of Zug in Switzerland, told reporters that the nation would clarify financial regulations on providing banking services to crypto businesses by the end of the year. “Time is pressing,” he said.

Guidelines 213

Guidelines cryptocurrency blockchain National 213

South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

Conference 221

Conference Las Vegas Fraud Case Study 221

Tomorrow's Transactions

NOVEMBER 10, 2014

The biggest factor shaping the strategic plans of players in the European payments sector is regulation and right now understanding the impact of new regulation is far more important than understanding the impact of new technology. A particular point that interests me about the changes to regulations is their ultimate purpose.

Regulation 59

Regulation Strategy Technology Cards 59

BankUnderground

SEPTEMBER 27, 2023

This article explores how data science could support central bank supervisors to discover significant events, capture public trends and ultimately enable more effective supervision. The algorithm treats each article as a vector in a multi-dimensional vector space. The shorter the distance between vectors, the more similar the articles.

Data 96

Data Analysis social media Examples 96

PYMNTS

APRIL 20, 2017

s challenger bank landscape is spreading since regulators have welcomed new competition into the retail banking space. Market entrants are looking to disrupt across a range of segments of the banking industry, but SME finance has become a popular target for these innovators. s main street banks. In the U.K., Sometimes this is a mix.”.

Compliance 110

Compliance Innovation social media Lending 110

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). Amazon Probe. Let’s start with Amazon.

Google 124

Google social media Regulation Course 124

Abrigo

JULY 12, 2021

Would you like others articles like this in your inbox? The review concluded that the revised FATF standards have fostered growth and innovation, while better protecting the international financial system. BSA Rules and Regulation. The agency recently completed their three-day June plenary. keep me informed. Learn more.

Training 195

Training Policies United States Report 195

Filene

SEPTEMBER 30, 2016

After monitoring the ongoing conversation around the CFPB proposed regulations on Payday lending and other types of high cost installment loans, Filene takes a unanimous stance on the issue: Educate yourself on the proposed regulations, form an opinion, and submit a comment! innovative products that meet consumer needs.

Lending 28

Lending Regulation Innovation Community 28

PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”.

Taxes 131

Taxes Google Apple social media 131