Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

Innovation 150

Innovation Fintech Technology Company 150

Abrigo

MAY 4, 2020

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. If there has been a regulatory change or update, your vendor should be staying on top of official notifications and providing you with compliant software before any mandatory compliance date.

Software 195

Software Cyber Security Security Community 195

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

Abrigo

NOVEMBER 17, 2023

As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. This is the first-time fraud has been addressed at a high level as part of AML compliance, but it makes sense. Proceeds from fraudulent activity must be laundered, so there is a direct correlation.

Fraud 195

Fraud Training Trends Compliance 195

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

Data 535

Data Security Software Community 535

Cisco

DECEMBER 21, 2020

As you read in part one of this blog, due to the pandemic and the resultant exponential increase in digital transactions, Customer Experience is far more paramount than ever before, across all demographics. And best of all, your developers would have time and flexibility to innovate instead of chasing alerts.

Customer Experience 99

Customer Experience Innovation Policies Security 99

Abrigo

JANUARY 8, 2020

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Top BSA/AML Blog Posts: Cannabis, SARs Topped the List in 2019. BSA Software.

Software 195

Software System Fraud Examples 195

PYMNTS

SEPTEMBER 22, 2020

The company complained about Google’s market power in a Sunday blog post that gave the company’s perspective on Google’s temporary removal of a Paytm app from the Android store. Paytm’s blog post states: “Paytm was temporarily removed from the Google Play Store. Android reportedly runs 95 percent of smartphones in India.

Google 140

Google Policies Compliance Security 140

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

Abrigo

APRIL 14, 2020

On April 13, 2020, FinCEN issued an update of their joint FAQs with the Small Business Administration (SBA) regarding the implementation of the Paycheck Protection Program (PPP) which was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). FinCEN Strengthens Commitment to Digital Innovation. BSA Software.

Policies 195

Policies Software Resources Compliance 195

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

Abrigo

FEBRUARY 25, 2022

Overall, banks, credit unions, and NBFIs should modernize their BSA/AML programs with appropriate risk-based innovative solutions to streamline those processes and use resources efficiently and effectively. House of Representatives advanced the Secure and Fair Enforcement (SAFE) Banking Act to the Senate for the sixth time. Learn More.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry. Sanctions Sanctions are fast becoming the most crucial focus of the year.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Abrigo

AUGUST 6, 2021

Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired). 1 Today, community banks are at a critical crossroads: innovate or be left behind (or acquired). . Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. Learn More.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta.

Software 150

Software Report United States Compliance 150

Abrigo

JULY 12, 2021

This new guidance will assist countries and the private sector in understanding and documenting these risks and prepare accordingly for this serious threat to international peace and security. The review concluded that the revised FATF standards have fostered growth and innovation, while better protecting the international financial system.

Training 195

Training Policies United States Report 195

Cisco

FEBRUARY 4, 2016

As Mike Riegel pointed out in his recent blog , ‘Financial services is the prime example of an IT-intensive industry.’ Financial institutions rely on consistent technology and innovation to compete and to ensure compliance with regulatory requirements.

Compliance 77

Compliance Examples Security Innovation 77

PYMNTS

MARCH 2, 2020

The latest PYMNTS Credit Union Innovation Index found that three-quarters of respondents chose to bank at their CU because of trust, and over 60 percent of current CU members said they wouldn’t leave their CU for another financial institution (FI) because of – you guessed it – trust. The Trust Factor.

California 130

California Fraud Pennsylvania Community 130

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

William Mills

MAY 10, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. There is a growing focus on customer experience and related compliance issues. For Banks, Know Your Customer, is a critical security responsibility. Mills-Grimes will be live blogging at FinovateSpring 2016. Simon Scheurer (CTO).

San Jose 40

San Jose Customer Experience Mobile social media 40

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR 01:08 pm NuData Security – @NuDataSecurity – [link]. Solutions).

Video 40

Video Lending social media Analytics 40

FICO

JANUARY 29, 2021

Decision Management Innovation – eDriving. Fraud & Security - Conductor Brazil. Regulatory Compliance – Alfa Bank & Eurobank (tie). You will see what is possible with a clear business objective, innovative use of technology and a great partnership. You can read more about our judges in this blog post.

Meeting 98

Meeting Analytics Florida Fraud 98

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

Capital 174

Capital Lending Cards cryptocurrency 174

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. Auto-financing is ripe for innovation. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. Check back for new updates throughout the day.

social media 40

social media ATM Mobile Customer Experience 40

Abrigo

JULY 16, 2021

Now that the industry has been notified on the AML/CTF priorities that should be assessed in a financial institution’s BSA program, covered institutions should expect to be evaluated on their consideration of the Priorities as part of their overall BSA compliance program. financial system and national security. Learn more. Learn More.

Community 195

Community Regulation Training Policies 195

Cisco

MAY 10, 2022

Cisco Live delivers education and inspiration to technology innovators worldwide through large-scale in-person and digital events, as well as on-demand education. Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. Amsterdam, Netherlands, February 6-10, 2023.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

FICO

JANUARY 28, 2022

Many entries this year demonstrated innovative use of technology and creative thinking to respond to the challenges of the pandemic. Decision Management Innovation – Circulo. Regulatory Compliance – Not Awarded. You will see what is possible with a clear business objective, innovative use of technology and a great partnership.

Meeting 52

Meeting Fraud Florida Compliance 52

Banking 2020

OCTOBER 23, 2015

It is rare that industries are served well by consolidation of similar players as these rarely drive innovation and mostly seek to benefit from cost saving through scalability, operational efficiencies, and product rationalization. With all of these pressures on retail banking, the industry needs innovation more than ever before.

Innovation 40

Innovation ATM Strategy Industry 40

Insights on Business

JANUARY 4, 2018

This is due, in part, by the rise of the fintechs, which are driving innovation across every area of banking. But the banks are slowed down by regulatory and compliance requirements and also, in many cases, by monolithic back office systems. Let’s harden our security policies and maybe not exit our data center just yet.

Customer Experience 156

Customer Experience Innovation Fintech System 156

Insights on Business

SEPTEMBER 6, 2017

To address this, banks are moving at lightning speed to find new ways to become more flexible, adapt to new markets and tap into pools of innovation across the fintech ecosystems to expand their reach and streamline their digital strategies. Boost innovation. This story first appeared on the IBM THINK blog.

Fintech 146

Fintech Innovation Digital Strategies Strategy 146

Insights on Business

MAY 3, 2019

As the payments ecosystem in Canada continues to expand and evolve, IBM is looking forward to participating with industry leaders, innovators and challengers at the upcoming the Payments Canada Summit , taking place in Toronto on May 14-16, 2019. Security at the forefont.

Payments 87

Payments Fraud Security Innovation 87

CFPB Monitor

AUGUST 7, 2018

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” See our blog about Mr. Watkins.

Arizona 68

Arizona Innovation Lending Fintech 68

Celent Banking

JUNE 12, 2017

Banks are collaborating with B2B fintech firms to deliver innovative procure-to-pay solutions, bringing consumer digital experiences into traditional procurement, finance, and treasury processes. Cards offer a range of controls, and other protections to increase security and control.

Cards 100

Cards Payments Capital Analytics 100

FICO

SEPTEMBER 8, 2022

The trend towards mobile payments has bolstered the use of mobile devices for financial transactions and spurred innovation across industries, while real-time payments have delivered incredible efficiency and convenience by providing a digital equivalent of physical cash that allows people to pay for things instantaneously. Saxon Shirley.

Fraud 52

Fraud Payments Survey Security 52

Gonzobanker

NOVEMBER 22, 2022

While the regulators and Congress were spit-balling a determination on whether crypto is a security, a commodity, or a currency, the continued collapse of crypto-related entities reveals that everyone in power has been flat-footed in their policy response to digital assets. What’s Next?

Regulation 178

Regulation blockchain Marketing Strategy 178

PYMNTS

FEBRUARY 14, 2018

As a leader in blockchain innovation and integration, the U.S. Microsoft wants to explore how blockchain could impact the digital identity landscape and, according to the company’s blog , Microsoft Identity Division Director of Program Management Alex Simons and his team are taking a big step into this space. percent from 2016 to 2021.

blockchain 111

blockchain Compliance Mobile Technology 111

PYMNTS

MARCH 14, 2018

The same innovations that power crypto-assets can also help us regulate them,” said Christine Lagarde in an IMF blog post Tuesday, according to CoinDesk reports. Also this week, Evident Proof announced the rollout of its blockchain- and token-powered compliance solution. In the U.S.,

blockchain 129

blockchain cryptocurrency Regulation Taxes 129