Abrigo

DECEMBER 22, 2023

Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. Takeaway 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list.

Lending 221

Lending Risk Management Community Management 221

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. Who/What/When? Not all people need to see if the pizza you didn’t order is on the way.

blockchain 275

blockchain Management Regulation Resources 275

Abrigo

JULY 11, 2017

Kavita Shelat, a member of Baker Donelson’s Financial Services Group in Memphis, advises financial institutions in her article HMDA Data for Small Business Loans? Unlike mortgages, small business loans tend to be too variable, with each loan having many unique aspects, to allow for a meaningful aggregate analysis.

Regulation 150

Regulation Memphis Tennessee Lending 150

PYMNTS

JUNE 15, 2018

As cars and trucks become “smarter” (deeper connections to the web, improved self-driving capabilities), the technology required to keep those vehicles connected to the digital world is becoming more important. Besides Toyota, other carmakers are forming partnerships around connected platform technology.

Technology 124

Technology Data Regulation Marketing 124

Abrigo

DECEMBER 28, 2022

Abrigo's top AML/CFT articles. Abrigo, a leading technology provider of software solutions for financial institutions, published more than 85 unique articles on its industry-focused blog in 2022. Click on the link next to the number to access each article. The blogs your FinCrime peers are reading. Keep me informed.

Fraud 195

Fraud Training Compliance Regulation 195

Perficient

MARCH 16, 2023

In this article, we’ll take a step back and review how to run a successful client remediation program. Over the last 10 years, Perficient has helped more than 30 clients with more than 40 client remediation programs. These include client remediation programs at several mid and large-sized financial institutions.

Analysis 275

Analysis Resources How To Regulation 275

The Financial Brand

MAY 1, 2024

This article Is Headless Banking the Next Evolution of BaaS? Headless banking is poised to reshape banking-as-a-service — but technology limitations and regulator scrutiny could limit widespread adoption. This article Is Headless Banking the Next Evolution of BaaS? appeared first on The Financial Brand.

Branding 40

Branding Regulation Technology Apple 40

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

Insights on Business

DECEMBER 7, 2017

Two years ago I wrote an article on the 6 biggest trends in FinTech. In a landscape where new technology arises, gets implemented and goes mainstream in a heartbeat, I wanted to cover five of the most impactful trends currently impacting the FinTech industry today: 1. It might even make technology look intuitive. Blockchain.

Trends 145

Trends Technology Fintech blockchain 145

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? Keep me informed.

Resources 195

Resources Training Fraud Compliance 195

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. Below are six such advantages.

Management 195

Management Lending Risk Management Strategy 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 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

PYMNTS

NOVEMBER 10, 2019

New rules from regulators are expected soon, sources told WSJ. The planned rules would cover both companies with international stock listings and startups, the people said, and will apply to the Shanghai Stock Exchange’s new Science and Technology Innovation Board, dubbed the Star market,” the article said. “The

Strategy 109

Strategy Regulation Capital Groups 109

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. Because the article represents one of the few regulatory perspectives on this issue, we highly recommend that financial institutions read it.

Lending 130

Lending social media Compliance Regulation 130

Abrigo

JUNE 14, 2021

Would you like others articles like this in your inbox? It is the organization’s responsibility to enhance its program, including all program-related software, systems, and other technology. origin goods, technology, or services to OFAC sanctioned persons or countries Utilizing the U.S. BSA Rules and Regulation.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

OCTOBER 27, 2020

HIVE Blockchain Technologies, Riot Blockchain and Marathon Patent Group are on the uptick, according to the report, which was published early Tuesday (Oct. The Monetary Authority of Singapore will reportedly regulate the platform. Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported.

Bitcoin 267

Bitcoin Industry blockchain cryptocurrency 267

Perficient

AUGUST 16, 2020

However, you may not know that there are certain rules/regulations that must be accounted for so you can remain compliant with FCC regulations. This act requires that the dispatchable location is conveyed with a 9-1-1 call, regardless of the technological platform used (which includes calls from MLTS).

System 348

System Regulation Texas Compliance 348

PYMNTS

JULY 14, 2020

Google is objecting to a fine issued by Belgium’s privacy watchdog, the latest for alleged violations from a European privacy regulator. DPA ruled Google was “grossly negligent” by refusing to remove links to news articles that the authority said involved unproven harassment incidents from more than 10 years ago.

Google 141

Google Regulation Data Report 141

Abrigo

JULY 13, 2023

Would you like other articles like this in your inbox? Crafty scammers exploit weaknesses in fraud and anti-money laundering (AML) compliance programs such as outdated technology, human error, or inadequate monitoring systems. Takeaway 1 Investment fraud schemes known as pig butchering scams contributed to $3.3

Fraud 195

Fraud cryptocurrency Training social media 195

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

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

The Financial Brand

NOVEMBER 27, 2023

This article Why Banking Needs to Embrace Radical Change in Turbulent Times appeared first on The Financial Brand. An industry challenged on all sides by new technologies, new competitors and circling regulators cannot afford to play defense.

Branding 27

Branding Regulation Industry Technology 27

Abrigo

MAY 9, 2022

Would you like other articles like this in your inbox? Financial crime detection and prevention are increasing in complexity for BSA/AML professionals as new technologies and challenges arise each year. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. Additional Staff. Watch Webinar.

Compliance 195

Compliance Fraud Regulation Resources 195

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. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

US 168

US Regulation Groups System 168

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

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? In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. Measuring the cost of fraud losses. financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

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

Abrigo

SEPTEMBER 21, 2023

Would you like other articles like this in your inbox? Internet bank fraud is here to stay; learn how to detect and stop it. Every type of fraud has something unique it leverages to dupe unsuspecting citizens. Learn what is different about internet bank fraud. Takeaway 1 It is important to monitor fraud effectively and consistently.

Fraud 195

Fraud Software Mobile Online 195

PYMNTS

AUGUST 20, 2018

Regulators didn’t destroy A&P in the end. Regulators and policymakers are revving their engines and are today taking — or threatening to take — action against innovators that, like the Hartford brothers and A&P in their day, are using technology and new business models to give consumers a better experience, and often at a lower price.

Regulation 105

Regulation Online Innovation Google 105

Gonzobanker

MARCH 13, 2018

Not surprisingly, many look to technology to support the transformation. Technology decisions can unduly—and sometimes unwittingly—drive the transformation process, however. We’ve seen numerous banks make critical technology investments before they thoroughly defined the business issues they were looking to address.

Lending 60

Lending Technology User Experience Data 60

CFPB Monitor

OCTOBER 14, 2015

A new article by Todd Zywicki for the Mercatus Center at George Mason University urges the CFPB to consider the “unintended consequences” of new debt collection regulations and conduct a careful cost-benefit analysis before imposing such regulations. Each of these steps requires careful analysis.”

Regulation 60

Regulation Analysis System Lending 60

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

DECEMBER 17, 2021

Would you like other articles like this in your inbox? In their advisory on the importance of a strong culture of compliance (FIN-2014-A007), FinCEN states that one of the keys to a robust BSA/AML program is d evoting adequate resources to its compliance function (both human and technological). BSA Rules and Regulation.

Compliance 195

Compliance Training Fraud Resources 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. Wharton Business School is one of America’s Ivy League Universities up there with Yale and Harvard. It should be publishing informed insights but this post was more of a headline grabber from Scott A. They won’t.

Innovation 150

Innovation Millennials ATM Data 150

Abrigo

APRIL 20, 2016

With the pressures of changing regulations and data security continuing to increase, banks and credit unions must remain vigilant when it comes to their data. One of the changing regulations is FASB’s move to a current expected credit loss (CECL) model. Only 30 percent said their data archives were sufficient. Management 3.

Data 150

Data Compliance Regulation Security 150

Abrigo

DECEMBER 8, 2021

Would you like other articles like this in your inbox? Specific topics for your BSA board training may include the following: Give a brief history of BSA/AML The key point to make regarding the history of BSA/AML is to understand is understanding laws and regulations. An excellent place for information is FinCEN History of AML Laws.

Training 195

Training Resources Video Compliance 195