Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 221

Training Compliance Fraud Policies 221

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. We need to manage risk appropriately, but open banking is a good thing,” Davies said.

Security 174

Security Fintech Data Fraud 174

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 195

Training Compliance Fraud Policies 195

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. The goal of CIM is to meet regulatory rules and legislation, prevent fraud and financial crime, and manage risk—all while making it simple for customers to transact. Customer identity management operates today in an unpredictable environment.

Management 98

Management Fraud Customer Experience Compliance 98

PYMNTS

MARCH 24, 2017

Compliance is also becoming an enterprise-wide endeavor, and compliance officers must adopt a global mindset. When asked as to what the three things that are most urgently in need of attention when it comes to compliance and fraud, Gurz said that “one is balancing efficiencies versus risk.

Compliance 157

Compliance Fraud Regional Examples 157

Abrigo

MAY 2, 2017

While it sounds great in theory and everyone agrees, just how is this to be accomplished when most of your efforts are currently focused on finding new clients for the seeming financial security of gaining a heap of tax and compliance work? This is precisely the reason you will need to make a decision on developing systems.

How To 150

How To Taxes Compliance System 150

Insights on Business

JANUARY 3, 2019

But while mobile devices give us great power and convenience, they also create new security and privacy challenges. To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

FEBRUARY 4, 2019

Banks, credit unions and other financial institutions have a significant responsibility, one that goes far beyond managing customers’ financial assets: They’re tasked with safeguarding the financial services ecosystem against bad actors, money launderers and other criminals.

How To 161

How To Regulation Compliance Meeting 161

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person? Use Antivirus Software.

Data 535

Data Security Software Community 535

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 275

Risk Management Tools Exercises United States 275

Insights on Business

AUGUST 27, 2018

Facing this extraordinary challenge, we coalesced around the premise that a secure, integrated hybrid platform can indeed allow the bank to improve customer interfaces, keep up with cutting edge technology and provide future scalability. Watch the video. The feedback from our client was clear: prioritize making the platform standard and open.

How To 132

How To Security Compliance Industry 132

Perficient

JUNE 16, 2020

With the number of tech-savvy patients increasing, it is becoming a requirement to provide easy accessibility while maintaining top security. Google technologies allow you to focus on patient care by seamlessly and securely guiding patients through the process of relevant information gathering and connecting virtually.

Google 322

Google Colorado Data Compliance 322

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

Abrigo

MARCH 14, 2022

Accessibility of data for loan officers, managers and potentially external loan review personnel. Access should be easy but not at the expense of data security. Make sure redundant security measures are in place and the required encryption standards. Data security. Learn how to book loans faster while managing risk.

Software 195

Software System Policies Data 195

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. AML experts are concerned about this model because TPPs can limit an FI’s visibility into how funds flow in and out of its systems and through the ecosystem.

Compliance 52

Compliance Regulation cryptocurrency Marketing 52

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. The effort required to separately manage incompatible products degrades some of the lure of convenience, too, and could even drive consumers to decide that some devices are not worth the hassle. How Z-Wave works .

Security 142

Security Michigan Operations User Experience 142

Perficient

JUNE 24, 2023

Lack of insight on how to maximize the return on their investments in new technologies, minimize risk, and ensure that their new products will truly contribute to their success. Overcoming Hurdles and Driving Results In this series of articles, we will explore how Optimizely tools can help businesses overcome these hurdles and drive results.

Tools 251

Tools Digital Strategies Analytics System 251

PYMNTS

SEPTEMBER 6, 2019

Regulations and Compliance. Enabling seamless booking and payments experiences, while also keeping transactions and user data secure, isn’t solely about consumer trust. In an interview with PYMNTS , homesharing platform Spotahome Co-Founder Hugo Monteiro talked about these data security challenges. “We

Security 125

Security Data Online Regulation 125

Celent Banking

MARCH 2, 2017

When it comes time to choose a business partner, banks will favor those who help them execute their third party risk management (TPRM) responsibilities over those who begrudgingly comply. How to Become a Trusted Partner of a Bank, Part 2: A Proactive Approach by Third Parties to Risk Management.

How To 100

How To Risk Management Management Regulation 100

Perficient

JUNE 12, 2020

DataOps is a collaborative data management practice focused on improving the communication, integration and automation of data flows between data managers and data consumers across an organization. For IBM, this falls into the catalog and metadata management. Data Quality and Master Data management. How is it implemented?

Tools 322

Tools Data Training Analysis 322

Abrigo

APRIL 7, 2022

Takeaway 3 Short-term benefits are alluring, but a merger or acquisition is a long-term investment that requires careful management. Review every aspect of the bank and understand its strengths and weaknesses to have a clear vision of how the acquisition will fit into your organization and where changes will need to be made.

Compliance 195

Compliance Policies Fraud Analysis 195

Cisco

NOVEMBER 23, 2020

Some of the key benefits of embracing a cloud-managed IT solution include a decrease in time to market thanks to automation and zero-touch provisioning, the ability to simplify visibility and troubleshoot while helping IT teams get ahead of issues, and the ability to focus extra time and budget on resources and business-critical projects.

Customer Experience 149

Customer Experience Analytics Video Resources 149

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant.

Management 134

Management Fintech Tools Technology 134

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? How the institution wants to use FedNow.

Fraud 195

Fraud Payments Security Resources 195

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

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. KW: You talk about technology and how you’re using it to innovate the experience. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred.

Fraud 221

Fraud Payments Software Policies 221

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Read more about the security sessions taking place at Think.

Security 70

Security social media Video Policies 70

Abrigo

NOVEMBER 17, 2023

This , of course , doesn’t include fraud losses that were not filed due to the victim's embarrassment or lack of knowledge on how to report. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

Perficient

FEBRUARY 13, 2021

As a final note, this new policy attribute relates to the Microsoft Teams recording solution for 1:1 calls, this won’t affect 1:1 Compliance Recording, which will continue to be controlled via the Compliance Recording policy. So with such a big update coming down the pike, how will you manage this?

Meeting 520

Meeting Policies Groups Training 520

FICO

DECEMBER 17, 2020

billion lost in exchange theft and security breaches, and $4.8 Anti-financial crimes regulations require banks to enact robust risk management frameworks, including extensive KYC due diligence, integrated safeguards for AML transaction monitoring, and sanctions screening. This includes $2.8

cryptocurrency 52

cryptocurrency How To blockchain Analysis 52

Abrigo

JANUARY 3, 2024

The final access rule does not dictate how to receive consent and allows for flexibility based on differences in FIs across the nation. FIs must certify that the BOI will be held securely and that the FI has received approval from the reporting entity to access their ownership details. Beginning Feb.

Fraud 221

Fraud Regulation Report Compliance 221

PYMNTS

JULY 21, 2020

At the same time, however, these innovations have also introduced unfamiliar disruptions to antiquated workflows, creating new challenges for treasurers to understand how to readjust their processes and cash flow management strategies as their role within the enterprise grows more complex and valuable.

Management 160

Management Innovation System Fraud 160

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). With today’s uncertain economic and interest rate environment, offering our customers flexibility on how to store their cash is a powerful added benefit.”.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

FICO

MARCH 5, 2021

Also managing radically different customer behavior and suddenly having a workforce that was predominately working from home. All while still keeping customers safe and secure. Also speak to an advisor to learn more about the fraud solutions used by more than 9,000 financial institutions and how it can benefit your strategy.

Fraud 52

Fraud How To Risk Management Management 52