PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. My day begins early at 5:00am, and I kick it off following a triathlon-training regime at least five to six times [per] week, immaterial of where my travels take me in the world. PYMNTS: What does a day in your life look like?

Innovation 190

Innovation Payments Compliance Risk Management 190

Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. These technologies bring capabilities that speed risk modeling, automate fraud detection, ensure regulatory compliance, enable distributed trust, and protect sensitive financial information. Regulatory compliance today is a costly and labor-intensive business.

Industry 155

Industry Innovation blockchain Compliance 155

PYMNTS

OCTOBER 29, 2018

While these initiatives are spurring more focused financial services innovations, they also come with challenges. These initiatives could also lead to an increase in security risks, since sharing data among a range of financial service providers creates new opportunities for it to fall into the wrong hands.

Security 192

Security Fraud Tools Data 192

Insights on Business

FEBRUARY 23, 2019

Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. They are training unbiased AI to better serve an expanded customer base, across digital and physical interactions. Three years ago, banks were looking at fintechs with a wary eye.

Innovation 125

Innovation New York City Training Case Study 125

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. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

JANUARY 29, 2019

and Europe told Bitdefender in a separate survey that their budgets are large enough to accommodate the security for which infrastructure calls. Less than half of IT professionals in the U.S.

Training 148

Training Survey Compliance Data 148

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?

Data 535

Data Security Software Community 535

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

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Security 115

Security Data Compliance Training 115

South State Correspondent

MARCH 7, 2024

The uptake of this sophisticated technology is setting records at every turn from the pace of innovation to adoption. Knowledge Enhancement & Generative AI Skills: One unintended consequence which many bank executives do not fully appreciate is the level of new skills and knowledge Copilot for Banks will train on.

Training 195

Training Data Tools Technology 195

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 4, 2017

According to McAfee, while companies are embracing innovations like machine learning to safeguard their systems, attackers, too, are using these same tools. In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts.

Security 136

Security Data Survey Regulation 136

Insights on Business

JULY 1, 2019

Until recently, the words “customer experience” and “compliance” didn’t really come up in the same conversation – let alone exist in the same universe. It’s also a valuable training tool that can help improve agent performance, reduce the number of customer complaints and even highlight an emerging issue that may not be on anyone’s radar.

Compliance 96

Compliance Customer Experience Analysis Data 96

Perficient

NOVEMBER 1, 2022

You remember that during your bank’s across-department training, you learned how your bank’s payments sent through correspondent networks present several opportunities to reach for the antacid. Rather than wires, new distributed ledger technology innovations were entering the banking universe? He’ll want to know what Confirm is.

Payments 275

Payments Security Compliance Training 275

Abrigo

JULY 16, 2021

Now that the industry has been notified on the AML/CTF priorities that should be assessed in a financial institution’s BSA program, covered institutions should expect to be evaluated on their consideration of the Priorities as part of their overall BSA compliance program. financial system and national security. BSA Training.

Community 195

Community Regulation Training 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. House of Representatives advanced the Secure and Fair Enforcement (SAFE) Banking Act to the Senate for the sixth time. Learn More.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. At the recent NYU Law Program on Corporate Compliance and Enforcement , FinCEN Director Kenneth A. He further stated that we must be responsible with such innovation.

System 264

System Las Vegas San Antonio San Diego 264

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

Abrigo

JANUARY 8, 2020

BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Some BSA professionals are excited for the promise of added security around transaction monitoring and fraud, while others are worried about the lack of security it provides their jobs. BSA Training.

Software 195

Software System Fraud Examples 195

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. A job marketplace platform in India is looking to connect trained trade workers with employers. Airbnb on Payments, User Friction and Security Challenges in a Global Market.

Payments 183

Payments User Experience Training Case Study 183

Abrigo

MAY 4, 2020

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. If there has been a regulatory change or update, your vendor should be staying on top of official notifications and providing you with compliant software before any mandatory compliance date.

Software 195

Software Cyber Security Security Community 195

Insights on Business

JANUARY 9, 2018

For banks, the three elements for transformation success are: Security. For the first element, security is a paramount. But security goes beyond just protection, it’s the law. This training can dramatically increase efficiencies for end-to-end deployment. Enterprise integration. Here’s the preview: Watch the video.

Training 96

Training Video Security Tools 96

Insights on Business

OCTOBER 10, 2017

Here is a preview of our focus at this year’s Sibos: Enterprise blockchain – IBM is leading the advancement of blockchain with many projects under way in financial services including foreign exchange payments netting , private equity administration , securities lending and trade finance.

blockchain 87

blockchain Customer Experience Compliance Fraud 87

Abrigo

MARCH 11, 2022

Thanks to an increase in mobile payments precipitated by the pandemic and rising security concerns due to the Russian conflict in Ukraine, the world of financial fraud prevention is more dynamic than ever. Recently, the Secure and Fair Enforcement Banking Act of 2021 (SAFE Act) passed the house for the third time.

Regulation 195

Regulation cryptocurrency Policies Management 195

South State Correspondent

MAY 18, 2023

The Start of Our Generative AI Journey “Tate,” a contraction of SouthS tate, was a brainchild of our Spark Innovation group, a team of 35 employees from various sections of the Bank brainstormed a use case, created personas, outlined a user journey, and then developed an action plan. and future regulatory compliance.

US 195

US Training Examples Data 195

FICO

JANUARY 7, 2019

The tremendous interest in AI and machine learning drove the readership on the Fraud & Security blog in 2018. A supervised model , the most common form of machine learning across all disciplines, is a model that is trained on a rich set of properly “tagged” transactions. Here are the five posts with the most views.

Fraud 74

Fraud Security Analytics Training 74

Abrigo

JULY 12, 2021

This new guidance will assist countries and the private sector in understanding and documenting these risks and prepare accordingly for this serious threat to international peace and security. The review concluded that the revised FATF standards have fostered growth and innovation, while better protecting the international financial system.

Training 195

Training Policies United States Report 195

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry. Sanctions Sanctions are fast becoming the most crucial focus of the year.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Insights on Business

NOVEMBER 19, 2018

mer care,” the goal here is to transform call centers by leveraging AI solutions to pinpoint the exact reasons for customer calls, align highly trained agents with profitable customers and improve call routing trees. The AI revolution has come to financial services. Thinking Outside the Box. Thinking Outside the Box.

Compliance 177

Compliance Regional blockchain Technology 177

Insights on Business

MARCH 13, 2018

Regulatory pressure, in terms of policy changes and increased scrutiny, is forcing banks to seek technological changes and advancements to meet evolving regulatory and compliance requirements. This is resulting in financial institutions spending heavily on KYC, AML and surveillance solutions. Enhancing Conduct Insight with Voice Surveillance.

Las Vegas 101

Las Vegas NV Compliance Analytics 101

PYMNTS

FEBRUARY 28, 2020

PYMNTS’ Credit Union Innovation Index found 65 percent of CU members chose credit unions as their primary financial institutions (FIs) because they trusted them, compared to 45 percent of non-CU members who said the same. Third-party incidents are difficult for CUs, as they do not have direct control over outside security practices.

Data 131

Data California Security Pennsylvania 131

Tech and Finance

MAY 18, 2018

SAS has created a new global Fraud and Security Intelligence Division to help organizations better detect and combat threats from fraudsters and hackers. Stu Bradley will lead the new SAS division as vice president of fraud and security intelligence; the division has 250 people and plans to dd another 100.

Fraud 28

Fraud Security Analytics Compliance 28

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

FICO

DECEMBER 7, 2020

Since then, cloud software delivery best practices have evolved to reach the bullet-proof performance and security levels that financial institutions require of production applications — exactly what cloud-based FICO delivers, and more. Continue to deliver innovation and protect investments. Benefit #3: Data-Driven Innovation.

Fraud 52

Fraud Analytics Compliance Software 52

FICO

NOVEMBER 23, 2021

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Armando Junior, general manager, risk and compliance at Dock (previous winner) . Armando has an MBA from Brazil’s Fundação Getulio Vargas.

Meeting 52

Meeting Analytics Risk Management Management 52

Insights on Business

JULY 2, 2018

Rometty explains that this era of innovation is underpinned not by just any cloud, but rather a cloud that is extendable, built for data anytime and anywhere, and secure to its core. Crédit Mutuel will be able to reassign 200,000 working days annually towards training, upgrading advisors’ skills and expanding sales activities.

Data 114

Data Technology Security Industry 114

Gonzobanker

OCTOBER 26, 2021

On another front, you have digital disruption and fintech innovation, forcing bankers to step up their investments in transformation and more aggressively attack their existing business models. In any new wave of institutional expectations and compliance, there’s bound to be some senseless regs and requirements.

Leadership 97

Leadership Compliance Strategy Branding 97