Banking Exchange

JANUARY 5, 2020

Qualified candidates are few and far between, demand is high Compliance BSA/AML Operational Risk Compliance Management Compliance/Regulatory Big Data Feature3 Human Resources Feature Management AML & Fraud.

Big Data 78

Big Data Compliance Resources Fraud 78

Banking Exchange

FEBRUARY 26, 2020

Online payment fraud could cost companies more than $200 billion over four years, finds Juniper Research Risk Management Technology AML & Fraud Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Big Data Security Online Cards BSA/AML Feature3 Feature Financial Research Payments.

Fraud 97

Fraud Big Data Risk Management Compliance 97

CFPB Monitor

SEPTEMBER 8, 2022

Kevin Greenfield, OCC Deputy Comptroller for Operational Risk, is reported to have warned banks that they can be liable for customer harm arising out of fintech partnerships, such as violations of consumer protection laws and unfair and deceptive practices. He advised banks to closely monitor risk and compliance in these partnerships.

Fintech 146

Fintech Risk Management Conference Lending 146

PYMNTS

DECEMBER 30, 2020

"We are successfully simplifying inventory management, accounting, payments, GST compliance, sales, marketing, HR and other basic yet complex needs of last-mile MSMEs in India and other geographies," the company said in its announcement. "We We aim to add 100 more channel partners by next year to strengthen our network.

Strategy 175

Strategy Big Data Fintech Management 175

PYMNTS

APRIL 10, 2019

Yet, as supply chains expand across borders, a new burden has landed on procurement teams’ shoulders: compliance. ” Electronic invoicing requirements are one example of markets’ heightening focus on tax compliance. . That burden can come in many forms. Audit Targets. “They are now audit targets.”

Taxes 139

Taxes Compliance Regulation Data 139

PYMNTS

DECEMBER 5, 2017

Through improving technology and decreasing costs, AI and Big Data are now combining to help firms in the financial sector prevent payments fraud. The Stage was Set with Big Data. But now, AI has become more attainable as a tool that companies can tailor to their own operations. Explosive Growth is in the Works.

Big Data 214

Big Data Fraud Data System 214

PYMNTS

AUGUST 14, 2019

In the case of using “big data,” FinCEN is able to apply machine learning and other tools to all the reports and other information available to us to identify and build out illicit finance networks and identify new financial crime trends, which we can share with law enforcement, our OFAC colleagues, regulators, and the private sector,” Blanco noted.

Compliance 163

Compliance Las Vegas Mobile Data 163

PYMNTS

OCTOBER 14, 2016

. “Global treasuries need to be digitally empowered with sophisticated tools and solutions to enable insights-driven financial decisions,” stated Wipro President and Chief Operating Officer Bhanu Murthy B.M. ” He added that, through its collaboration with Wipro, BELLIN acquires a new portfolio of clients and prospects.

Analytics 100

Analytics Big Data Compliance Tools 100

Bank Innovation

FEBRUARY 13, 2019

This means Santander is poised to tap into IBM's AI, blockchain and big data offerings. IBM today announced a five-year, $700 million agreement it reached with Banco Santander that will enable the Madrid, Spain-based bank to “accelerate and deepen” its digital transformation to a more open, flexible institution.

Big Data 199

Big Data blockchain Data Operations 199

PYMNTS

JANUARY 7, 2020

OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and Big Data, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

MAY 31, 2019

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

Capital 143

Capital Analytics Big Data Data 143

PYMNTS

JUNE 13, 2018

In the age of Big Data, global supply chains quickly flocked to analytics solutions that offered predictability and agility in a market swayed by geopolitical shifts, regulatory risks and even the weather. “Collecting data is the easy part,” he said. “We see a lot of that,” said Vaillancourt.

Data 136

Data Payments Big Data Analytics 136

PYMNTS

JUNE 22, 2016

But what if the way companies are going about big data and analytics is wrong? With so much data available, is your organization harnessing it in the most efficient way in order to truly reap all the benefits of big data including driving innovation and improving the customer experience?

Customer Experience 104

Customer Experience Chicago Analytics Big Data 104

PYMNTS

JANUARY 3, 2020

After all, the trend involves nothing less than shifting from a reliance on paper-focused legacy systems and technology — and all the auditing and compliance weight attached to them — to digital processes that are quicker and friendlier to consumers. CieloPay, which uses digital disbursements from Fiserv , is part of this trend.

Payments 209

Payments Innovation Maine Compliance 209

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. and to further develop its product in an effort to break down data siloes in the enterprise.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

JULY 15, 2020

Among the biggest challenges has been compliance, as so many organizations have had to have call centers , back-end operations and fraud teams work from home. . Merchants “have had to pivot, quickly, to an online presence,” noted Bayliss. “Some did it really well, and some have struggled a bit.” Human Touch .

Fraud 250

Fraud Course Online Data 250

PYMNTS

MAY 17, 2018

OpenLink’s EMEA Chief Revenue Officer Bernard Delahaye in a statement, “We are proud to collaborate with the ECB as it further enhances its risk and treasury operations for the Eurosystem. ” According to the ECB, public financial institutions are facing increasing challenges in compliance and reporting.

Management 108

Management Risk Management Analytics Big Data 108

CFPB Monitor

FEBRUARY 13, 2017

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. Big data report. The FTC has authority to enforce the ECOA and Reg B as to nonbank providers within its jurisdiction. The survey could be a prelude to such rulemaking.).

Report 68

Report Big Data Lending Survey 68

BankUnderground

JUNE 25, 2020

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services. This has been driven by three factors.

Data 110

Data Big Data Regulation Risk Management 110

PYMNTS

AUGUST 25, 2016

On Wednesday, September 21, 2016 at 1:00 PM (EST) , join Rich Stuppy, Chief Operating Officer of Kount , and Karen Webster, CEO of MPD, for a live digital discussion about the vulnerability of larger groups, like the Pokémon GO user base, and why they are a prime target for fraudsters and scammers. COO, Kount.

Compliance 100

Compliance Fraud Big Data Innovation 100

Insights on Business

FEBRUARY 11, 2019

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

Compliance 87

Compliance Security Big Data Analytics 87

PYMNTS

FEBRUARY 5, 2020

Then, there are the huge data breaches that just keep happening, increasingly to companies with high levels of consumer trust. That’s a bad moon rising for some Big Data operators. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it.

Google 288

Google Data Regulation social media 288

PYMNTS

MARCH 19, 2018

The European General Data Protection Regulation ( GDPR ) framework looms, with a deadline of May 25, 2018. Big data application provider Solix, for example, said earlier this year that two thirds of firms are not sure if individuals’ personal information has been cleansed from systems.

Analytics 124

Analytics Data Compliance Tools 124

FICO

NOVEMBER 11, 2020

This year our judges, in alphabetical order, are: Prasanna Dhoré, Chief Data & Analytics Officer, Equifax. Prasanna is responsible for developing the strategic vision that leads Equifax through the chaotic world of Big Data. Tomas Klinger, decision science and data director at Home Credit (previous winner).

Meeting 52

Meeting Analytics Big Data Management 52

PYMNTS

SEPTEMBER 20, 2018

Data is one thing — a valuable commodity that makes information the oil of the digital age. However, keeping track of data in a way that enables secure storage, efficient access and analysis, compliance with regulations and — ultimately — its profitable use is quite another topic. Tokens Vs. Encryption.

Retail 129

Retail Data Compliance Security 129

PYMNTS

JUNE 18, 2019

Procurement technologies must be able to integrate into other platforms and obtain data, not only on product details and prices, but on a range of other metrics like certifications, cybersecurity measures and regulatory compliance checks. “It will enable it to be more strategic, and drive more value.”

Data 125

Data Compliance Security System 125

Abrigo

JULY 7, 2015

Access to data is one such way that firms can process information and react at a speed that at one time felt impossible. Today, technology trends like Big Data are colliding in ways that drive productivity and progress toward a future of potential competitive advantages in the accounting market.

Technology 150

Technology Marketing social media Big Data 150

PYMNTS

MARCH 8, 2019

That risk is missing out on the potential reward of monetizing data in a pragmatic way that doesn’t run afoul of compliance issues — which, Koch told Webster, comes in the form of a margin that can exceed 85 percent. Maybe you want to create the next big AML or fraud prevention product.”. The Three Types Of Data.

Data 170

Data Strategy Maine Compliance 170

PYMNTS

MARCH 23, 2018

A $65 million fundraise will help blockchain startup Plug — also known as PL^G — scale its platform, which aims to develop blockchain apps that operate in a broader, interconnected network of blockchain systems. million EXC tokens, which investors can convert to native tokens on the firm’s platform when it begins operations.

blockchain 110

blockchain Capital Management Software 110

Insights on Business

DECEMBER 15, 2015

Because traditional banks are often burdened with inflexible and costly legacy systems, they often struggle to redefine new operating and business models. Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities.

Risk Management 120

Risk Management Analytics Leadership Big Data 120

PYMNTS

SEPTEMBER 6, 2016

According to Jenkins: “Fraud used to be largely brick-and-mortar-based fraud, but it has now morphed into organized crime and gone cyber — something that is almost impossible to fight without Big Data analytics and supercomputers for tracking.”. But Big Data, Jenkins said, is transforming how security is viewed.

Security 100

Security CA Payments Big Data 100

PYMNTS

SEPTEMBER 19, 2019

In order to address consumer needs, firms must plan in advance, strategize about time-to-market and inventory postponement, and manage replenishment to operate a lean supply chain without excess, yet robust enough to fulfill demand. Yet as organizations expand, this balancing act becomes even more difficult.

Technology 117

Technology Strategy Management Industry 117

FICO

OCTOBER 28, 2018

In this blog post, I explain their usage and particularly how they will operate in the open banking revolution. . Increases (volume) in available data of different types (variety) and data often arriving in streams (velocity) have led to a development of Big Data tools such as Hadoop and Kafka. Source: FICO Blog.

Analytics 52

Analytics Fraud Big Data Data 52

CFPB Monitor

APRIL 9, 2020

A company should hold itself accountable for compliance, ethics, fairness, and nondiscrimination and consider the use of independent standards or independent expertise to evaluate its use of AI. Does its data model account for biases? How accurate are its predictions based on big data? Accountability.

Tools 78

Tools Big Data Data Comparison 78

Insights on Business

JULY 2, 2018

Yes, the value of networks is equal to the square of the nodes that gave rise to platform companies and big data. As companies take data and combine it with intelligence, cloud, and more, they get competitive advantage through “exponential learning” as they outlearn one another.

Data 114

Data Technology Security Industry 114

PYMNTS

JUNE 25, 2018

In the latest Topic TBD , National FS Strategy and Transformation Leader Mitch Siegel at KPMG told Karen Webster that, by and large, too many firms have spent too much time and money on Big Data initiatives — aimed at the consumer experience and on compliance — that have not delivered results. he told Webster.

Data 109

Data Big Data Course social media 109

Insights on Business

NOVEMBER 30, 2018

In preparation, companies are mobilizing considerable resources and management attention to analyze the new requirements and to manage the implications on their technology infrastructure, operating model and even business strategies over product mix and pricing. The many implications of IFSR 17.

Analytics 107

Analytics Data Report Analysis 107