Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. For example, software-as-a-service (SaaS) enables applications to run on the provider’s servers over the internet, and it will likely remain the largest segment of the cloud market. The Public Cloud Market Will Surge.

Technology 348

Technology Trends Software Resources 348

PYMNTS

JUNE 19, 2017

Among the significant changes that would be wrought by the Treasury proposals is the lifting of rules that restrict larger banks on Wall Street from trading with their own capital, thus potentially boosting returns to those banks. Separately, IBM gives an inkling of how technology might be leveraged to help shape financial regulation.

Regulation 116

Regulation Compliance Software Big Data 116

Abrigo

DECEMBER 28, 2023

Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes. The eBook also explained the critical steps of capital planning to meet financial institution goals and critical modeling assumptions for key funding sources.

Resources 221

Resources Risk Management eBook Strategy 221

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. If your financial institution is considering automation, credit risk software can track ticklers and help manage loan documents and credit exceptions.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

OCTOBER 7, 2020

Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. According to WSJ, the bank failed at data management, regulatory reporting and capital planning. The bank had to file an injunction against one investor, Brigade Capital Management , which received a $175 million payment.

Risk Management 230

Risk Management System Management Regulation 230

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. ESG reporting requirements. Trade analytics and execution. EQUITY MANAGEMENT PRACTICES.

Capital 66

Capital Trends Marketing Analytics 66

Abrigo

FEBRUARY 6, 2024

Involve your board of directors in approving policies, providing continual oversight, and engaging in annual reviews. Conclusion Planning for a successful program Developing or expanding an MBL program offers credit unions a pathway to capitalize on their strengths and support small businesses.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

DECEMBER 22, 2023

Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. Read this blog for ten key reports on capital, growth, and liquidity that can help financial institutions identify increased risk and shape strategy in tricky conditions.

Risk Management 221

Risk Management Regulation Management Lending 221

CB Insights

NOVEMBER 9, 2021

Laika , a compliance and security audit platform for software companies, has raised $35M in a Series B. The round drew participation from Bain Capital Ventures, Canapi Ventures, JPMorgan & Co., New York-based Laika helps businesses obtain audits and security certifications as well as remain compliant with regulations.

Compliance 61

Compliance Software Security Company 61

PYMNTS

APRIL 5, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. Investors also like the firm — in December the firm announced $125 million in funding from Andreessen Horowitz, DST Global and Spark Capital.

Regulation 100

Regulation New York Lending Capital 100

Abrigo

JUNE 4, 2023

Introduction Prioritizing AML compliance resources The regulations laid out in the Bank Secrecy Act (BSA) are intended to promote financial transparency and identify those who misuse the financial system. Civil penalties vary, with regulators authorized to penalize between $5000 and $1,000,000 per violation for each day the breach occurs.

Compliance 195

Compliance Training Resources Regulation 195

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Akber Jaffer, EVP, Treasury and Capital Markets Business Unit at Finastra said, “As the deadline for UMR approaches, the need for new and complex calculation methods for initial margin calculation is more important than ever.

Compliance 60

Compliance Management Regulation Software 60

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

Bank Innovation

APRIL 12, 2017

Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency. This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. The marketplace lending industry is far from dead.

San Jose 170

San Jose Lending Video Capital 170

PYMNTS

JANUARY 25, 2021

In today’s top payments news around the world, India’s central bank wants stricter regulations for big shadow lenders, while global foreign direct investment (FDI) dropped last year and the pandemic will continue to impact it this year. The central bank of India wants more stringent regulations for large shadow lenders.

United States 217

United States Regulation Payments Lending 217

Abrigo

JUNE 14, 2021

Takeaway 3 As banks become more digital, a robust software that can help the back-office detect transactional red flags is critical. It is the organization’s responsibility to enhance its program, including all program-related software, systems, and other technology. BSA Rules and Regulation. BSA Rules and Regulation.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

NOVEMBER 18, 2020

Previous investors participating in the Series D included 14W, Mangrove Capital, Lerer Hippeau and Max Ventures. . COVID-19 has helped accelerate the concepts but regulations unique to the industry make for a slower changeover, he said. Ryan Krause, vice president at healthcare software company Epic Systems, told PYMNTS that 2.5

New York 233

New York Software System Industry 233

Abrigo

FEBRUARY 11, 2022

2 FASB meeting were the complexity of some aspects of CECL, “onerous data collection” requirements, and capital implications. Financial institutions that waited to begin adapting to the new regulations may find the thought of eleven months until compliance intimidating. CECL Regulation. CECL Regulation. CECL Regulation.

Resources 195

Resources Regulation Community Bank Community 195

Insights on Business

OCTOBER 16, 2018

Regulations such as the second payment services directive (PSD2) and the Open Banking project spearheaded by the UK’s Competition and Market Authority (CMA) are driving disruption in the banking value chain. There’s a new normal in financial services. At IBM, we believe that renovation is the right option. Gearing up for a new era.

Capital 157

Capital Tools System blockchain 157

Bobsguide

MARCH 21, 2022

Software Solution of the Year: CompatibL Risk Platform. CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Cloud-Native Computing Initiative: CompatibL Cloud Platform. Best Digital Transformation Solutions Provider: CompatibL. Voting will close on April 22.

Innovation 147

Innovation Technology Risk Management Analytics 147

Bobsguide

APRIL 7, 2022

London (5 April 2022): TS Imagine , the leader in trading, portfolio and risk management solutions for capital markets, today announces that it has successfully integrated with crypto platform Gemini. We’re excited to be continuing on that mission by working with TS Imagine.”. About TS Imagine.

Bitcoin 147

Bitcoin cryptocurrency Risk Management Capital 147

Bobsguide

JUNE 25, 2022

New York, 23 June 2022: TS Imagine , a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies. About TS Imagine.

cryptocurrency 88

cryptocurrency New York Regulation Risk Management 88

Abrigo

NOVEMBER 8, 2019

Top down and bottom up analysis can inform capital assessments. Some financial institutions may view stress testing as a “check the box” practice to satisfy regulators, but others are making the most out of the process. Stress testing and capital adequacy. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

PYMNTS

OCTOBER 14, 2020

Nuvemshop , a Latin American alternative to Shopify, has raised $30 million in a venture capital round as it tries to boost business, according to reports. The four intended to start a new marketplace software product for the Latin America region.

America 215

America Regional Lending Online 215

Abrigo

AUGUST 1, 2022

Takeaway 2 Even small banks or credit unions not regulated by the Federal Reserve are required to address control risks from models. As financial regulators have noted , this oversight is important because of the "possible adverse consequences (including financial loss) of decisions based on models that are incorrect or misused.”

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

NOVEMBER 17, 2023

Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense. Software: Do you have adequate fraud detection and monitoring systems ? They should always be. People: Do your investigators receive proper training? financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

SEPTEMBER 27, 2017

According to a news report in The Wall Street Journal , the lawsuit, which was filed by the Irving Firemen’s Relief & Retirement Fund, contends that Uber’s ex-CEO, Travis Kalanick, knew he was misleading investors during capital-raising efforts by not informing them that Uber may have broken laws.

Fraud 134

Fraud Software California Capital 134

Abrigo

MAY 19, 2023

For smaller institutions especially, loan review software makes tracking productivity among teams, geographies, and other factors easier and more efficient. But while software can certainly help, it can't solve the talent shortage. How can banks and credit unions build up strong loan reviewers?

Training 195

Training Lending Risk Management Guidelines 195

PYMNTS

JULY 24, 2020

Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others. In May, Revolut said it will integrate its products with Clear Books , which offers accounting software for small businesses.

San Francisco 255

San Francisco Fintech cryptocurrency New York 255

PYMNTS

JANUARY 27, 2021

Hong Kong’s travel and leisure reservation company Klook has closed a $200 million Aspex Management-led Series E funding round, with participation by Boyu Capital, Matrix Partners China, SoftBank Vision Fund and Sequoia Capital China. Indonesian FinTech Gojek Seeks To Become Global Player.

Payments 141

Payments Capital Google Software 141

PYMNTS

MARCH 1, 2020

Accolade capitalizes on machine learning, artificial intelligence (AI) and mobile apps to enable members to easily traverse their health care benefits. CEO Raj Singh leads the health benefits platform, and Chief Product Officer Mike Hilton, both co-founders of the travel expense software firm Concur. . 28), according to reports. .

Mobile 165

Mobile Philadelphia Seattle Washington 165

PYMNTS

DECEMBER 7, 2017

According to Jake Benson, CEO of back-office software provider Libra , that’s because traditional accounting and auditing software solutions aren’t compatible with blockchain, rendering them unable to access, manage and analyze financial data stored on distributed ledgers. Libra, which recently announced $7.8

blockchain 131

blockchain cryptocurrency Software Regulation 131

PYMNTS

JULY 22, 2019

The funding round was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital. Robinhood has raised more than $860 million in venture capital funding to date.

Capital 148

Capital California Software National 148

Abrigo

OCTOBER 28, 2022

Takeaway 1 Signs point to increased loan modifications and loan workouts, and regulators have urged financial institutions to work prudently with borrowers. . Learn how credit unions can manage capital levels amid credit stress. Regulators foster prudent loan modifications. Loan performance since 2020 Chart 2. Watch webinar.

Management 195

Management Risk Management Policies Lending 195

Abrigo

AUGUST 2, 2023

Stress testing helps you manage capital levels and credit risk. When loan review software , credit stress testing software, and CECL software can communicate with each other about data and assumptions, it streamlines the analysis process. See how in this whitepaper.

Report 195

Report Risk Management Lending Analysis 195