FICO

MAY 2, 2023

I sat down with UK lenders in two roundtable discussions in March to explore the different approaches being taken to Consumer Duty compliance. Organisations need to hammer out how to deliver good outcomes to consumers, through all of the available channels.

Compliance 52

Compliance How To Tools Strategy 52

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

MARCH 24, 2017

Payments technology is bringing these far-flung methods together in the spirit of modernization,” Gurz said. But technology only solves one side,” said Gurz, who went on to say that there is also a human component at work. “But Another is how to manage and control false-positives.

Compliance 157

Compliance Fraud Regional Examples 157

PYMNTS

SEPTEMBER 25, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations, including, in many markets, small businesses, has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection. Data Solutions For Data Problems.

Compliance 117

Compliance Risk Management Lending Regulation 117

Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Greater availability of data, facilitated by real-time integrations makes it possible for compliance experts to monitor a wide variety of sources.

Compliance 122

Compliance Management Regulation Analysis 122

PYMNTS

JULY 2, 2018

According to John Epperson, principal at Crowe LLP , that goes to show that the current approaches to regulatory and compliance technology ( RegTech ) aren’t working. There have been substantial investments in technology by financial services organizations – in particular, a spike in RegTech investments from traditional banks.

Compliance 109

Compliance Regulation Meeting Strategy 109

PYMNTS

JANUARY 30, 2019

How can they rest assured that their trading partners are trustworthy and who they claim to be? In addition, how can they remain confident that they are in compliance with existing AML laws? How FrontFundr Keeps Its Investment Platform Fraud-Free. Here are some of the latest developments from the AML/KYC space.

How To 170

How To blockchain Compliance Regional 170

Abrigo

DECEMBER 19, 2022

Given the demands of day-to-day duties, however, it can be challenging for BSA officers and other financial crime compliance staff to find time for training and education on fraud and money laundering. This whitepaper explains the basics of crypto and blockchain technology. Ongoing training is vital for an effective AML/CFT program.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

MARCH 8, 2018

and group compliance director, explained to PYMNTS how online tools can make remote identity verification even more robust than in-person processes — and also help kick cross-border payments into higher gear. Having those compliance checks in place is crucial for a cross-border operation.

Compliance 101

Compliance Regulation Online Payments 101

Perficient

SEPTEMBER 16, 2020

The implementation of such advanced technology improves data quality, consistency, compliance, and operational efficiency. You can find the one-hour webinar below, in which you will learn how to utilize AI and automation to enhance your PV system. The ROI can be significant. . The webinar highlights: .

Analytics 294

Analytics Compliance Data System 294

PYMNTS

JULY 18, 2019

The technology, he noted, is starting to get ahead of the problem and neutralize the pain points. “In The Big Barriers to Cross-Border Trust, and How to Overcome Them. The larger one’s scale is, the more local compliance checks and vagaries one is responsible for managing.

Technology 162

Technology Compliance Payments Marketing 162

PYMNTS

FEBRUARY 4, 2019

FIs have made strides in establishing know your customer (KYC) and anti money laundering (AML) policies, but these changes are routinely challenged by emerging technology and cross-border transaction costs. It did this in hopes that such groups would implement their own high standards and raise the bar for stricter compliance requirements.

How To 161

How To Regulation Compliance Meeting 161

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Comparison Industry 150

Abrigo

NOVEMBER 13, 2014

And they desire guidance on how to plan for the future – both in their business and in their personal finances. But the reality is that many accountants’ compliance-related workloads keep them busy enough (or too busy) that they don’t make time to focus on higher-value-added services. 18 at 1 p.m. 18 at 1 p.m.

Technology 221

Technology Strategy Data Report 221

Perficient

FEBRUARY 25, 2021

Once you access your data, how do you leverage that data to drive business forward? This episode will outline how to monetize your data and gain the necessary competitive edge. How to enable insights and data analytics across the supply chain [18:14]. Listening Guide. Geo-political issues and product distribution [4:23].

Data 452

Data Analytics Apple Google 452

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

Insights on Business

FEBRUARY 4, 2019

regulatory agencies announcing their support and latitude on experimentation in the field of AML innovation , financial institutions are changing their mindset from one of “adequate compliance” to “compliance innovation.”. With five U.S. The speakers also recorded a shorter podcast on some of the topics discussed.

Compliance 70

Compliance Innovation Maine Groups 70

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. How to reassure customers that their data is protected. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Insights on Business

AUGUST 27, 2018

For this client in particular, breaking free of their legacy technology to improve customer touchpoints — whether digital or via client representatives — wasn’t going to be a straightforward process. This project brought together the powerful technologies and know-how of VMware and IBM. Watch the video.

How To 132

How To Security Compliance Industry 132

Perficient

JUNE 24, 2023

In today’s digital landscape, having a solid digital strategy and embracing cutting-edge technology are key factors for business success. However, many enterprise organizations face challenges when it comes to coordinating the rollout of new marketing technology products and achieving scalable growth.

Tools 251

Tools Digital Strategies Analytics System 251

Perficient

FEBRUARY 4, 2021

By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. According to the Web AIM million accessibility evaluation study , the top five compliance errors are low color contrast, missing alternative text, empty links, missing form labels, and empty buttons.

UX 531

UX Guidelines Compliance Study 531

Independent Banker

MARCH 31, 2022

Making the switch to a new core technology provider can be a daunting task, since many core relationships last years, if not decades. Faced with several transitional issues, here’s how these community banks gained support from their new providers to adapt to the change. Photo by RYosha/iStock. By Elizabeth Judd.

How To 91

How To Community Bank Community System 91

American Banker

JUNE 7, 2024

Speakers from the Consumer Financial Protection Bureau, JPMorgan Chase and more outlined the ways they are hunting for much-needed technology talent, from pooled efforts to recruiting outside of the country.

How To 41

How To Data Technology Compliance 41

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. Slow and steady doesn’t win the financial services race.

How To 136

How To Risk Management Technology US 136

Abrigo

DECEMBER 28, 2022

Cybercrime, sanctions compliance, and cryptocurrency troubles are bound to be trends for anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud professionals to track in the coming months. Others explain common and emerging fraud trends that compliance staff are working to prevent. Sanctions & synthetic ID.

Fraud 195

Fraud Training Compliance Regulation 195

Abrigo

JANUARY 20, 2015

Experts have been saying for years that accounting firms’ clients in the future will seek less help related to compliance and more advisory help managing their business. If your firm isn’t taking steps to cross-sell these services to your clients, you run the risk of losing your client to a more proactive firm.

How To 150

How To eBook Taxes Meeting 150

Abrigo

DECEMBER 17, 2021

Takeaway 1 Strengthen your financial institution's culture of compliance through a staffing assessment. What better w ay to strengthen your financial institutions ' culture of compliance and build your use case for your senior management than through a comprehensive staffing assessment? How to perform a staffing assessment.

Compliance 195

Compliance Training Fraud Resources 195

Perficient

JUNE 16, 2020

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. Data Integration and Compliance. The cloud has a myriad of solutions around how to organize, store, and retrieve data.

Google 322

Google Colorado Data Compliance 322

Abrigo

MARCH 8, 2016

But as accountants consider adding more advisory services to their menus of compliance-heavy offerings, it can be difficult to know what services to add. Assistance with technology strategy? Sleeter suggests asking questions that can shed light on clients’ business processes and how they use technology: Do they hand write checks?

Survey 150

Survey How To Software Industry 150

PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Regulation.

Maryland 151

Maryland Taxes Online Groups 151

Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

Risk Management 70

Risk Management Analytics Technology Management 70

Abrigo

MAY 6, 2015

Technology can standardize and speed up certain aspects of the audit process to leave the accountant more time to focus on aspects requiring thoughtful judgment and to make the entire engagement more efficient. This is where the process becomes more “art” and less “science.”

Analytics 150

Analytics Compliance Analysis Data 150

Bank Innovation

FEBRUARY 22, 2017

Innovation groups are a relatively recent, but an increasingly important, addition to traditional bank structures. FIs employ different approaches when forming those teams: some banks have full-time, devoted engineers and technologists, while others source their existing employee-base to bring in a mixture of expertise from different departments.

Innovation 290

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FICO

JANUARY 15, 2021

Many in the industry know that I’m a strong proponent of Fraud and Financial Crimes Convergence, so I’m often asked about just what organizations should do from a technology standpoint. Check out this video as we discuss what you need to plan and implement to be able to converge fraud and AML technology.

Fraud 52

Fraud Technology Analytics Video 52

PYMNTS

JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . The news comes as countries worldwide are looking at methods to tax Big Tech on sales made in their economies without a broader consensus as to how to approach their increasing part in trade.

Taxes 141

Taxes Google Compliance Apple 141

Abrigo

SEPTEMBER 29, 2022

Essential technology for modern lending and credit departments. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Smart Return on Investment.

Software 195

Software Lending Management Strategy 195

FICO

DECEMBER 17, 2020

As digital currencies grow, criminals are taking advantage of the emerging technology. The challenges of meeting these compliance standards with digital currencies have resulted in hesitancy of financial institutions to engage in crypto business due to the complexity of tracing transactions and measuring risk on the blockchain.

cryptocurrency 52

cryptocurrency How To blockchain Analysis 52