FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. How Did the Pandemic Change Fraud? Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Management Data Compliance 52

PYMNTS

MARCH 14, 2019

Both corporates and banks have said Know Your Customer ( KYC ) regulations are their most pressing compliance concerns, with nearly three-quarters of businesses with more than $1 billion in revenues pointing to KYC as their top challenge. Most also said payments management is the most time-consuming process, followed by cash forecasting.

Fraud 115

Fraud Survey Taxes Regulation 115

Abrigo

AUGUST 19, 2022

Joint s tatement emphasizes understanding a customer’s risk profile for BSA/AML An individualized, risk-based CDD approach is best when it comes to creating your BSA program protocols. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Fraud Prevention.

ATM 195

ATM Regulation Fraud Policies 195

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. Improve your program with insights from the 2021 BSA/AML and Fraud Staff Survey by Abrigo: Top Issues for FinCrime Fighters.

Regulation 195

Regulation Policies Compliance Washington 195

FICO

JUNE 1, 2023

As AI applications are put to work at more complex tasks like managing capacity on power grids and monitoring financial transactions for fraud , all of us at FICO firmly believe that the only type of AI to apply is the responsible, explainable, ethical kind. Models need to generalize and ensure that one behavior doesn’t dominate.

Training 59

Training Fraud Customer Experience South Carolina 59

Alex Jimenez

NOVEMBER 4, 2023

Regulation and Compliance: Not one of the more exciting topics, but there seems to be a growing emphasis on FinTech regulation and compliance, particularly around industry stability and consumer protection. Two years ago, the buzz was all about cryptocurrency and blockchain/DLT. The application of AI was highlighted many times.

Conference 84

Conference Meeting Trends Fintech 84

South State Correspondent

MAY 9, 2022

Technology platforms around cryptocurrency, student loans, or financial education may be cool and cheap. We all say the customer comes first, but our actions around innovation often put cost, compliance, or our present way of doing business first. It is true that digital account opening, for example, comes with a set of risks.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

JUNE 27, 2016

“Over the past few years, the rise of new financial marketplaces, globalized eCommerce, cross-border payments, international remittances, and cryptocurrencies have become significant opportunities for banks,” Caldera wrote in a recent report. Not if you ask Jose Caldera, IdentityMind Global’s VP of Product.

Regulation 101

Regulation Guidelines Risk Management Operations 101

PYMNTS

JUNE 20, 2019

The last thing that anyone wants to hear in almost any financial organization is that the people tasked with risk management is feeling less than fully confident about their ability to actually do that job — because they aren’t sure if their data is good.

Data 166

Data cryptocurrency Regulation Compliance 166

Insights on Business

DECEMBER 19, 2018

In addition, the Federal Reserve and a host of other regulators have released guidance on not only how to address the opportunities of artificial intelligence in financial crime as well as risk management, but what is expected once they look to apply innovative technologies. Heightened supervision expands the aperture.

Regulation 111

Regulation Innovation Compliance Risk Management 111

FICO

DECEMBER 23, 2020

We predict that regulators will continue to emphasize financial crimes compliance by looking to close the gaps in existing frameworks and regulations. So will high-risk products/services such as correspondent banking and trade finance transactions. A number of proposed bills are also with law makers on Capitol Hill.”.

Compliance 52

Compliance Regulation Data Risk Management 52

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Gonzobanker

DECEMBER 14, 2023

On one hand, there were tons of stories emerging about operational and compliance chaos in BaaS partnerships, enough to scare many banks who were standing at the edge of the pool to conclude, “I’m not jumping in.” The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors.

Fintech 195

Fintech Community Regional Technology 195

FICO

APRIL 19, 2021

Last month, too, JPMorgan Chase launched a structure note offering to give clients a way to gain exposure to Bitcoin and other cryptocurrencies. In an interesting choice of words, Forbes refers to the offering as a potential “gateway drug,” presumably to direct cryptocurrency investing. Registration for the FICO Virtual Event is free.

cryptocurrency 52

cryptocurrency Bitcoin Compliance Resources 52

Fintech Labs Insights

JULY 23, 2015

Fortress Risk Management. Enterprise risk management services for financial institutions. Using the blockchain for managing records. Risk & compliance management for financial institutions. Argos Risk. Credit risk management tools for small businesses. Total raised: $5.1

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

SEPTEMBER 25, 2015

Risk management. Tags: Enterprise, security, regulations, compliance, fraud protection. Source: FT Partners. Distributed financial platform . HQ: San Jose, California. Latest round: $6 million. Total raised: $19 million. Source: WhoGotFunded. HQ: London, England, UK. Latest round: $4.7 million Series A. Latest round: $4.7

San Francisco 12

San Francisco Company Fintech San Jose 12

PYMNTS

NOVEMBER 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 Founded in 2018, TRM helps financial institutions across the US, Latin America, Asia and Europe to measure, monitor and mitigate their cryptocurrency risk exposure, enabling them to simplify customer due diligence and meet regulatory requirements.

cryptocurrency 103

cryptocurrency Risk Management blockchain Capital 103