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Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

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.

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Machine Learning and AI ‘Crucial’ to Fighting Fraud, Research Shows

Banking Exchange

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
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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87

Analytics 237
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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

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.

Fintech 146
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How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294
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European Central Bank Picks Treasury Management Tech Provider

PYMNTS

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

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Fighting Fraud Through a Customer-Centric Lens

ABA Community Banking

Bankers have a powerful, yet underutilized, tool at their disposal: machine learning data analytics Feature Technology Risk Management AML & Fraud Tech Management Operational Risk Cyberfraud/ID Theft Big Data Feature3 Fintech.

Fraud 40