Accenture

APRIL 4, 2022

How is operations perceived within your bank? The post Is operations a source of competitive advantage? appeared first on Accenture Banking Blog. As a back-end function ripe for continual cost reductions? If your answer was the first rather than second of these options, it’s time for a….

Operations 195

Operations Digital Banking Innovation Technology 195

Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” In this blog, we wanted to share a practical solution that blockchain technology can offer financial services institutions – the ability to provide instant settlement and optimize collateral on demand. I’m giving it all we’ve got.

Operations 275

Operations blockchain Capital Security 275

Perficient

DECEMBER 18, 2023

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. By adopting a proactive stance and leveraging technological advancements, financial entities can navigate the regulatory landscape with greater resilience and efficacy.

Regulation 473

Regulation Compliance Exercises Guidelines 473

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Chris Skinner

MARCH 7, 2017

Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT could reduce the traditional reliance on a central ledger managed by a trusted entity for holding and transferring funds and other financial assets.

Technology 323

Technology Payments Analytics blockchain 323

Perficient

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

Abrigo

OCTOBER 31, 2014

The majority of professionals love technology. But when is too much technology just too much? Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Blog Accountant Business Owner'

Online 199

Online South Carolina Google Cyber Security 199

Abrigo

SEPTEMBER 9, 2019

The same is true of financial institutions when they consider technology investments to transform their lending and credit operations. Many banks and credit unions are operating with legacy systems – whether legacy IT or legacy processes. It will also be able to enlist the vendor’s help in leveraging the technology.

Technology 150

Technology Lending Software Customer Experience 150

Perficient

FEBRUARY 18, 2021

The following is the third in a series of blogs about how a center of excellence can help you unlock the potential of your people and Power Platform. A COE as a typically small group of individuals who drive improvement that meets the goals of a business, often with the adoption of new technology. However, some controls are necessary.

Tools 531

Tools Innovation Resources Operations 531

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. But they are only one part of operational risk, which includes losses from any kind of business disruption or human error, including power outages or natural disasters.

Operations 87

Operations Policies System Regulation 87

Chris Skinner

JANUARY 13, 2019

For years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The requests would get prioritisation and be delivered in sequence over time, sometimes a very long … The post The new FinTech bank appeared first on Chris Skinner's blog.

Fintech 399

Fintech Operations Technology Digital Banking 399

Perficient

SEPTEMBER 29, 2022

This blog marks Part 1 of our Embedded Finance Blog Series and will introduce the overarching concept of embedded finance, setting us up to discuss embedded payments, embedded lending, and embedded insurance (all of which fall under the embedded finance umbrella) in future blogs. The Technology Behind Embedded Finance .

Customer Experience 294

Customer Experience Software Cards Data 294

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started. C&I Loans.

Technology 195

Technology Lending Capital Meeting 195

Perficient

FEBRUARY 17, 2021

In this blog, we will focus on the capabilities of Tanzu Basic, but future blogs will explore the Tanzu Standard and Tanzu Advanced editions. Training operators and developers on how to leverage vSphere UI to create storage, networking, and RBAC policies. Creating Kubernetes manifests (.yaml

Training 309

Training Resources Policies Operations 309

Accenture

JUNE 18, 2020

But they are also forcing central banks and regulators to rethink and restructure their approaches to becoming resilient, adopting new technologies, leveraging data and constructing an agile operating model, all while providing regulatory services. Hence, regulators need to step up to stay relevant in the digital economy.

Regulation 267

Regulation Operations Data Technology 267

Abrigo

DECEMBER 28, 2016

Aside from the accounting firm’s staff, technology likely represents the area where a firm has made its biggest investments over the years, so it makes sense that technology considerations should be included in discussions about possible mergers or acquisitions. Whitman, CPA, president and CEO of Whitman Business Advisors LLC.

Technology 186

Technology Software eBook Operations 186

Accenture

MAY 19, 2020

We’ve helped them to overcome business, technology and operating model challenges and we’ve recommended best…. The post Navigating the Open Banking journey appeared first on Accenture Banking Blog. Here at Accenture, we have gained extensive Open Banking experience working with more than 50 banks globally.

Operations 259

Operations Technology 259

Accenture

SEPTEMBER 11, 2020

When our researchers were in the field for our annual Technology Vision survey, COVID-19 was not yet a global pandemic. Since then, the virus has transformed our lives and challenged many long-held assumptions about how business operates. appeared first on Accenture Banking Blog.

Survey 221

Survey Operations Technology 221

Chris Skinner

APRIL 17, 2020

I remember some years ago that Nikolas Sarkozy wanted to bring in a law that would force call centre operators to tell French citizens where they were located, due to the backlash over offshore call centres.

Operations 433

Operations Digital Banking Technology 433

Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

Abrigo

OCTOBER 17, 2023

Specifically, examiners are directed to assess how banks are implementing significant changes in the following four areas: Leadership Operations Risk management frameworks Business activities (including the use of third parties to support critical activities). Below are six such advantages.

Management 195

Management Lending Risk Management Strategy 195

Perficient

FEBRUARY 17, 2021

This blog analyzes how technology and the right team can improve your sales enablement program. For a sales enablement program to be successful at its launch and continue to be effective over time, it has to have the right mix of technology tools, and cross-functional teams. Sales Enablement Technology.

Training 340

Training Tools Management Analytics 340

Accenture

JUNE 9, 2020

In my previous posts in this series, I talked about the importance of getting technology, security, operating models and governance right when navigating the Open Banking journey. The post Open Banking—where partnerships are required appeared first on Accenture Banking Blog. Banks have….

Security 221

Security Operations Technology Customer Experience 221

Abrigo

MAY 30, 2017

The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible. By implementing automation technology each staff member can increase their productivity to get more done with the existing staff. This is doubly true when hiring additional staff can take several months.

Technology 150

Technology Community Bank Lending Community 150

PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. In addition to attacking Trickbot with technology, Microsoft also went to court with copyright claims against the authors of Trickbot, since it includes a portion of Microsoft code. Microsoft Corp.

System 232

System Operations Security Technology 232

Accenture

APRIL 7, 2021

This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world. Banks need a clear approach to eliminate their legacy technology debt and attain future-ready systems. The post A future-ready approach: Journey to the cloud appeared first on Accenture Banking Blog.

System 221

System Technology Marketing Operations 221

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. Currently, Dock has 250 clients that use FICO technologies to fight fraud.

Fraud 52

Fraud Technology social media Innovation 52

Accenture

OCTOBER 5, 2020

Financial institutions are widely considered to have a stronghold on elite cybersecurity skills and technologies of any industry—and for good reason. They face the most sophisticated cyber threat actors who continually grow their capabilities and are rarely held accountable across the global footprint where they operate.

How To 195

How To Security Operations Industry 195

Chris Skinner

DECEMBER 1, 2019

Regular readers of the blog know that I’m a fanboy of Alibaba and their financial firm Ant Financial which operates Alipay, the major payments system of China. On November 11, they had their Singles Day jamboree.

System 316

System Operations Payments Technology 316

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

Chris Skinner

JANUARY 19, 2019

The main blog headlines are … The new FinTech bank For years, I’ve been wondering why people in business operations couldn’t align their needs with the people delivering technology in the organisation. The CIO would sit outside the business, watching and responding to requests.

Maine 199

Maine Fintech Operations Technology 199

Perficient

FEBRUARY 17, 2023

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

San Francisco 275

San Francisco Cards Online Payments 275

Perficient

SEPTEMBER 19, 2023

Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities. Generative AI is the newest phase and holds exciting opportunities for even further advancement.

Conference 221

Conference Strategy Innovation Industry 221

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. That has become one of the top search terms to find my blog, as it turns out, mainly because my blog entries are the first to be returned when searching for techfin.

Company 350

Company Payments System Fintech 350

Accenture

OCTOBER 5, 2021

Core banking systems have sat at the heart of banks’ operations for decades. The post Accelerate bank transformations with cloud-native cores appeared first on Accenture Banking Blog. The result? Banks are increasingly finding that their existing cores are holding….

System 221

System Regulation Innovation Operations 221

Perficient

NOVEMBER 27, 2023

This blog was co-authored by Carl Aridas and Joel Thimsen. Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities. This is partly due to processes being forced to run across a rigid and fragmented technological landscape.

Industry 221

Industry Regulation Compliance Data 221