Bank Innovation

JULY 14, 2017

Compliance, insurance, and workflow solutions: these are the most interesting areas for a seed-stage fintech investor right now. Chris Fortunato, principal at KEC Ventures, named compliance and insurance as two of his biggest current focuses during Bank Innovation’s “For the Love of Fintech” meetup yesterday.

Compliance 223

Compliance Fintech Capital Online 223

FICO

JANUARY 8, 2020

“ It’s like déjà vu all over again ,” is one of my favorite Yogi Berra-isms, and as I look across the domain spaces served by FICO to write my 2020 predictions, it’s definitely déjà vu all over again. At long last, fraud and compliance infrastructures are starting to converge. Fraud and Compliance Infrastructures Converge.

Compliance 52

Compliance Fraud New York City Analytics 52

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. RegTech has two aims: increasing the effectiveness and the efficiency of compliance.

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Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. RegTech has two aims: increasing the effectiveness and the efficiency of compliance.

Compliance 150

Compliance Regulation Innovation Fintech 150

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?

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Innovation social media Security Leadership 101

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

Bobsguide

FEBRUARY 22, 2022

An award winning institution, Gansu Bank has won acclaim for innovation, risk management and technology practices in the recent past. The Bank took rapid growth strides powered by a robust platform that enables speed and compliance. TCS is definitely enabling our organization to become a highly competitive, IT savvy bank.”

Risk Management 78

Risk Management Innovation Compliance Software 78

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a surprise: insurance. If there was any industry that could be viewed as the definition of mundane and stuck in its ways, it would be insurance.

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blockchain Industry Bitcoin Innovation 127

FICO

MARCH 24, 2021

In part 1 of the series on trade-based money laundering (TBML) , we established a definition of the term, explored some recent studies and highlighted some typical techniques employed by the criminals. Maintain a strong Tone at the Top (“Culture of Compliance”). Plan for upticks in particular areas of AML compliance activity.

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Compliance Study Trends Fraud 98

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

ZootBlog

JANUARY 14, 2016

Over the past several years as banks focused on staying in compliance with myriad new regulations, innovation slowed—nearly to a standstill. In 2016 equilibrium will start to take place as the financial industry embraces the tremendous potential technology holds for them and innovation finds its way back.

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Innovation Industry blockchain Customer Experience 73

PYMNTS

OCTOBER 7, 2016

But the idea of using new technologies and solutions to tackle high-density problems really isn’t a new concept. Though regulatory technology isn’t new, Ufford believes it’s a sign of the times that the RegTech catchphrase has exploded in the last 12 months. Raising The RegTech Bar. A New Regulatory Reality.

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Compliance System Industry Regulation 197

Perficient

OCTOBER 6, 2020

Most companies accumulate legacy applications over time, leading to issues with compliance, security, increasing support costs, and complex performance management. Our experience and expertise with Microsoft, Azure, and open source technology guides the discovery, analysis, and strategic recommendations throughout the process.

Strategy 429

Strategy Training Analysis Security 429

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Requirements around the recording of digital data — for instance, newer rules on Hours of Service records and electronic recording of drivers’ hours worked — have industry players adopting tools to maintain compliance.

Industry 158

Industry Tools Regulation Management 158

PYMNTS

OCTOBER 17, 2017

is taking some definitive steps on that stage. Developers are seeking to instantly embed payments inside their organizations, and without the risk and compliance issues often associated with the standard model of payments acceptance. WePay and the firm’s staff will serve as JPMorgan’s Silicon Valley payments innovation incubator.

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Payments Software Fintech Compliance 217

PYMNTS

DECEMBER 6, 2017

And, much to the relief of corporates, the continuing focus on B2B payments innovation. Businesses have begun to shed the notion that they are slow to embrace new technologies, and that means the disruptive services and solutions coming out of the financial services space aren’t leaving B2B payments in the dust.

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Payments blockchain Innovation Fintech 183

PYMNTS

MARCH 16, 2017

Althaus explained that, across industries and across company size, businesses essentially experience the same pain points of international accounts receivable: visibility, speed, cost, complexity and compliance. Meanwhile, each particular geographic market has its own set of regulations, geopolitical and compliance demands.

Marketing 109

Marketing Payments Compliance Innovation 109

PYMNTS

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere. What B2B Businesses Need.

Mobile 141

Mobile Payments Data Technology 141

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. How do you manage security and risk?

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How To Risk Management Technology US 136

PYMNTS

JULY 27, 2020

In the event WhatsApp does become interoperable with this PIX technology, I would venture that [reguators] might be more [open] to it,” Hruby noted. There is definitely a chance to push the trend for all who are interested,” he said. This is definitely happening. It’s not at full scale yet,” Hruby said. “We’re

Mobile 153

Mobile America Regulation Regional 153

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. But it is definitely time to make a strategic decision and move forward with a plan. As this article points out, a core system replacement may not be in the cards for every institution.

Strategy 156

Strategy System Risk Management Technology 156

Insights on Business

MAY 30, 2018

Innovating AI in user experience (UXD) to empower the first line of defense. I recall a recent conversation in which you mentioned the shift in how the first line of defense sees risk and compliance compared to just a few years ago? Now, of course, it’s like dozens, and compliance has exploded since then.

Compliance 87

Compliance User Experience Innovation Risk Management 87

CB Insights

MAY 8, 2018

See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. Although regulators grapple with this definition, we’ll use it for our purposes to understand how this financing method is changing. THE FUTURE OF BLOCKCHAIN TECH. Specifically, we’ll talk about: Initial coin offerings.

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blockchain Trends Technology cryptocurrency 75

PYMNTS

JUNE 21, 2018

When developing IoT technologies, she said, go-to-market time is much too late to think about security. A customized approach, Noblanc explained, enables them to meet compliance and regulatory standards, which vary by region. Security isn’t the hot sauce you add on the side,” Noblanc said.

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Security Regional Resources Management 197

PYMNTS

JULY 11, 2016

There are a few schools of thought when it comes to the projected role and impact of blockchain technology on the global financial services space. “They definitely see the writing on the wall that the world is moving in this direction.” “Everyone has concerns about technology in general,” he noted.

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blockchain Compliance Security Technology 100

Abrigo

MARCH 24, 2021

The AMLA expands the scope of BSA programs and SAR filing requirements to include antiquities dealers, which are now within the definition of financial institutions. These enhanced penalties confirm the continued importance of the FinCEN culture of compliance guidance and should be stressed during your board of director’s training.

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Regulation Training Study Policies 195

PYMNTS

NOVEMBER 26, 2019

PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities. One CU upgrading its mobile technology is SAFE Credit Union , which has more than $2.3 Member Privacy Concerns.

Marketing 131

Marketing Sacramento Data Mobile 131

South State Correspondent

MARCH 7, 2022

As the pace of banking innovation speeds up, the OODA Loop, and its supporting concepts, can help a bank’s management team have a common framework to make decisions faster and more effectively. However, that may be too narrow of a definition. In this article, we highlight the framework and show its power.

Strategy 221

Strategy System Training Examples 221

PYMNTS

NOVEMBER 17, 2017

As part of that evolution, technology comes into play, as does the opportunity to deepen relationships to the advantage of both the banks and their customers. We have definitely seen instances where community banks are innovating to meet the unique needs of their customer base,” he told PYMNTS.

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Community Bank Community Cards Lending 115

PYMNTS

JUNE 10, 2016

While cybersecurity is paramount for any corporation, banks face significant compliance issues when their data (and their clients’ data) isn’t secure. Whereas, for a lot of FIs, risk management has definitely become a board-level issue.” Otherwise, he said, they risk getting left in the dust. ”

Management 100

Management Risk Management Software Analytics 100

FICO

JANUARY 18, 2023

With only 8% of respondents reporting that their AI strategies are fully mature, and model development standards consistently scaled, it’s clear to me that the industry is on a bullet train to serious financial, legal and reputational fallout from misguided and otherwise incorrect use of this powerful technology.

Analytics 52

Analytics San Diego Regulation Compliance 52

PYMNTS

MAY 10, 2016

But Tungsten Head of Compliance Lucy Ashdown offered her take on the company’s research to discuss why FinServ firms might be seeing more invoice fraud than other industries. That means keeping up to date with regulation and compliance efforts, as well as maintaining awareness of new tactics used by cyberthieves.

Fraud 100

Fraud Compliance Security Industry 100

FICO

AUGUST 3, 2022

FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Innovative Customer Communications for Fraud. Convergence – Beyond Fraud and Financial Crime Compliance. Catch a Wave of Innovative Thinking. Tue, 07/02/2019 - 02:45. by TJ Horan.

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Fraud Analytics Trends Innovation 52

Cisco

FEBRUARY 5, 2019

As a first-timer at Cisco Live Europe, I wasn’t quite sure what to expect , and I definitely didn’t expect to encounter those three in the same place. Experiencing cutting edge tech: My personal favorite tech demo was the RealWear ® HMT-1 , a wearable Android TM computer that brings hands-free technology to industrial workers.

Security 69

Security Video Industry Customer Experience 69

Insights on Business

JANUARY 3, 2019

Regulatory compliance : Given these challenges, regulators from around the globe continue to act by issuing and amending guidelines on the usage of cloud and how to prevent and respond to cyber threats. The days of a successful governance, risk, and compliance strategy being a manual, labor-intensive process may soon be behind us.

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Risk Management Management Regulation Guidelines 128

Javelin Strategy & Research

SEPTEMBER 2, 2014

I can’t get enough of innovation and digital strategy. My 30 year career started in merchant e-commerce technology, with numerous product management/leadership/launch roles before moving over to product-innovation research some fifteen years ago. I’ll provide one more example of the elusive win-win innovation.

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Innovation DC FDIC Strategy 58