Perficient

MAY 30, 2024

The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. Comey as well as topical discussions spanning regulatory risk, market abuse, and leveraging technology in automation (RPA), data analytics and ML/AI. What is XLoD Global?

Compliance 221

Compliance Industry New York social media 221

Accenture

SEPTEMBER 15, 2023

The new standard successfully launched globally in March 2023 with SWIFT CBPR+, and on the European Market Infrastructures of T2 (March 2023), Euro 1 (March 2023) and CHAPS RTGS (June 2023). Early data reveal a… The post Shifting from compliance to value with ISO 20022 appeared first on Accenture Banking Blog.

Compliance 478

Compliance Data Marketing Payments 478

CFPB Monitor

NOVEMBER 28, 2022

On November 17, 2022, the Consumer Financial Protection Bureau (“CFPB”) announced in a blog post that it is in seeking to build a new data set that “will allow for a more robust understanding of market trends” in the auto market. But, despite its size, we know much less about the auto lending market.

Data 147

Data Marketing Lending Trends 147

Chris Skinner

OCTOBER 10, 2018

One article typified this feeling: High-society fintech under pressure … The post Why P2P lending works in some markets and not in others appeared first on Chris Skinner's blog. So many unicorns are loss-making firms, and billion-dollar valuations on million-dollar revenues seems like a lot of hype.

Lending 344

Lending Marketing Fintech Regulation 344

Accenture

JUNE 27, 2022

It’s clear that they expect a surge in payments innovation, different consumer behaviors, shifting regulations—and new payments growth. And like all payments players, middle market banks want to grab their share of it. …. The post How to grab your share of new payments growth appeared first on Accenture Banking Blog.

How To 195

How To Payments Regulation Innovation 195

Abrigo

FEBRUARY 14, 2024

LISTEN Takeaway 1 Effective CRE risk management involves adapting to changing market fundamentals to avoid excessive loan losses. Takeaway 2 Pressures on builders, tighter CRE underwriting, and excess vacant office space are some of the indicators pointing to potential market risks.

Risk Management 195

Risk Management Management Lending Capital 195

Abrigo

FEBRUARY 6, 2024

In this blog post, we will delve into the strategies and policies credit unions can adopt to ensure the success and profitability of their MBL programs. Board involvement is not only a regulatory requirement but also a means to ensure safety, soundness, and adaptability to changes in lending regulations or institution-specific strategies.

Lending 222

Lending How To Risk Management Policies 222

Perficient

APRIL 14, 2022

This blog marks the first of a six-part series that will explain the intricacies of reporting OTC bond transactions so that they adhere to TRACE standards. But private prices and volume discourage market activity and hurt liquidity, and a lack of transparency can have a negative impact on bond issuers. Treasury Securities to TRACE.

Report 294

Report Compliance Security Regulation 294

BankUnderground

NOVEMBER 24, 2022

In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. 1: Money market funds. Background. 3: Margin calls.

Marketing 113

Marketing Policies US Regulation 113

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? For rookies and experts.

Resources 195

Resources Risk Management Study Strategy 195

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195

El Paso Miami United States New York City 195

Chris Skinner

JULY 14, 2019

Things we’re reading today include … French financial regulator wants more flexible market rules U.S. proposes barring big tech companies from offering financial services, digital currencies City regulator fines balloon to £320m in six months Will Mark Carney and George Osborne vie for the top IMF job?

Regulation 210

Regulation Marketing Company 210

Chris Skinner

DECEMBER 19, 2019

Things we’re reading today include … Emerging market debt hit $55 trillion Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. Things we’re reading today include … Emerging market debt hit $55 trillion Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S.

Regulation 213

Regulation Security Marketing 213

Cisco

JULY 12, 2022

A number of our financial institution customers are regulated by multiple, and different, regulatory bodies. The FFIEC’s scope is much broader than simply the IT aspects of digital financials, as it includes credit markets, fraud, BSA/AML, liquidity, and other areas of interest for regulatory bodies. In the U.S.

Regulation 71

Regulation FDIC System Software 71

Chris Skinner

FEBRUARY 24, 2017

I wrote a blog the other day for The Next Web. This gets interesting as we now have a market that is spreading its wings into lots of different areas. Well, this blog will look at the range of services we are discussing here, and map them onto the Chris Skinner FinTech Wave (loosely based on Gartner’s Hype Cycle).

Fintech 342

Fintech Regulation Technology Analytics 342

Abrigo

SEPTEMBER 1, 2021

Drug Trafficking Organizations (DTOs) are a key concern From drug cartels to street gangs, the illegal drug market has been a constant money-maker for DTOs. . Read our blog series on the FinCEN's priorities. Would you like others articles like this in your inbox? Start with Part 1: Implications for Community Financial Institutions.

Training 195

Training Regulation Community Austin 195

PYMNTS

SEPTEMBER 17, 2019

Compliance is actually one of the biggest barriers to entry for small businesses in any highly regulated industry,” the company wrote in a blog post. And the Bank for International Settlements (BIS) has recommended building regulation into blockchain-based financial markets. “As

blockchain 108

blockchain Regulation Groups Bitcoin 108

Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

William Mills

OCTOBER 10, 2019

In today’s digital landscape, consumers want to be educated first before making a purchasing decision, and one of the best ways to share your company’s expertise and build credibility with your prospects is to have a strong blogging strategy. There’s so much going on in the financial services industry today.

Strategy 41

Strategy Regulation Marketing Industry 41

Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. Now—what does RegTech mean? RegTech means… RegTech!

Regulation 150

Regulation Industry Trends Compliance 150

PYMNTS

APRIL 20, 2020

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. And they noted that many studies find a weak correlation or no correlation between the cryptomarket and the stock market. As a result, investors might find a safe haven in them.

blockchain 151

blockchain Marketing Bitcoin Policies 151

PYMNTS

JULY 25, 2018

The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on merchants’ behalf to evaluate whether customers are getting the best deal. Our market review is prompted by these concerns.” s GDP,” UK Finance said. “It

Regulation 100

Regulation Cards Retail System 100

Abrigo

MARCH 8, 2024

Fraudsters use the same sales and marketing techniques as legitimate businesses to research and target their victims. All these events can be manipulated into a scam and used as a catalyst to make you a victim. Understand that scammers are professionals. There are no accidental targets.

Fraud 195

Fraud Technology Trends Training 195

Abrigo

FEBRUARY 9, 2024

real estate market alone. residential real estate market to launder and hide the proceeds of serious crimes with anonymity, while law-abiding Americans bear the cost of inflated housing prices,” said FinCEN Director Andrea Gacki of the N PRM. WATCH NOW Takeaway 1 Real estate money laundering is a serious issue , with a n estimated $2.3

Training 195

Training Fraud Trends Report 195

Abrigo

JUNE 3, 2021

As this market expands, so does a new frontier of cyber-fraud. BSA Rules and Regulation. BSA Rules and Regulation. The need for adapting BSA initiatives to identify and mitigate financial loss is already upon us. Cybercriminals are stealing cryptocurrency and accepting the payment for goods to hide the origin of the funds.

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions. Together in a Privacy Sandbox.

Google 288

Google Data Regulation social media 288

Chris Skinner

AUGUST 5, 2019

Over a decade ago, I curated a book about MiFID – the Markets in Financial Instruments Directive. I don’t blog about this much these days, as my audience is firmly in the retail and payments technology space, but I still keep close track of the investment markets, clearing and settlement, … The post How does MiFID II and FinTech work?

Fintech 318

Fintech Retail Marketing Technology 318

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

Chris Skinner

JANUARY 31, 2018

Switching has been a focus of the Competition & Markets Authority, regulators, government and more, and yet promoting people to switch is not working.

Regulation 228

Regulation Marketing Digital Banking 228

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

Regulation 52

Regulation America Compliance Fraud 52

Abrigo

JANUARY 17, 2024

Understanding local markets and the individuals your bank serves is key to knowing your customers and ultimately being able to tell when something isn’t right. “Tellers are frontline workers in the movement to end human trafficking,” said Bellino.

Training 261

Training Community Software Texas 261

FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

Marketing 96

Marketing Analytics Customer Experience Data 96

Abrigo

APRIL 10, 2017

Ancin commented that this is consistent with the trend he has seen with his clients either beginning to dip their toes into the MBL market, or other clients that are aggressively competing with community banks on commercial lending. Next, Ancin moved into a discussion of the current regulatory environment around MBL.

Regulation 150

Regulation United States Lending Community Bank 150

Perficient

MARCH 23, 2021

My next blog will review the tools that can be used to help with reporting. Challenges seen in the market include the mapping from the trading system(s) and the general ledger or subledger to perhaps a data warehouse used for regulatory reporting, into the mapping required for the actual regulatory report. The system includes U.S.

Report 294

Report Tools Risk Management Data 294

Abrigo

JULY 13, 2023

Many victims are lonely or isolated and don’t understand cryptocurrency markets. The most vulnerable and targeted group is older adults (over 60), with a reported 3.1 billion loss in 2022. Unfortunately, when senior victims lose significant money, they often cannot compensate for the loss during their lifetimes.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

FEBRUARY 9, 2023

As OFAC penalties have demonstrated, PEP list scanning cannot be 100% failproof, but regulators still expect banks’ best efforts. Without the CIA PEP list, financial institutions must determine which PEP lists to scan their customer base against.

Fraud 195

Fraud Training Software Compliance 195

Abrigo

MAY 20, 2022

Sensitivity to Market Risk: The bank’s position relative to inherent market risks. What regulators look for in top-down guidance. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. The update signals regulatory attention to model risk. Evaluating Leadership. keep me informed.

Risk Management 195

Risk Management Management FDIC Meeting 195