Insights on Business

JULY 30, 2019

Organizations that wait to adapt to these capabilities however may find themselves lagging in competitive capabilities and regulatory compliance. Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

MARCH 1, 2017

Needless to say, banks are feeling the pressure on all fronts to get their capabilities aligned with what the innovators around them are already providing. Managing costs and finding revenue opportunities within a low-interest rate environment is a huge challenge for banks, many of which can’t afford to take on the cost of innovation.

Payments 100

Payments System Fintech Regulation 100

FICO

JUNE 22, 2017

In our artificial intelligence (AI) spotlight this week, we highlight FICO’s AML Threat Score tool, which uses AI to help financial compliance analysts detect money laundering or terrorist financing activities. Innovating AML tools has increasingly become a priority for banks and financial institutions.

Tools 55

Tools Compliance Innovation social media 55

Insights on Business

DECEMBER 14, 2016

Further, as banks are cutting costs, increased demands for security and regulatory compliance are adding them back almost as quickly. Using technology – especially hybrid cloud technology – to ruthlessly simplify and standardize while driving continuous innovation. And yes – financial institutions may save their way to prosperity.

social media 70

social media United States Regulation Operations 70

Gonzobanker

DECEMBER 14, 2023

Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

Fintech 194

Fintech Community Regional Technology 194

FICO

AUGUST 1, 2018

The acquirer has incorporated a broad array of new automated functions, for example, additional compliance features such as know your customer (KYC) and bank account (DDA) verification and wrapping into a highly innovative business model of underwriting as a service (UaaS). Follow me on Twitter @ScottZoldi. appeared first on FICO.

Management 58

Management DC Examples Customer Experience 58

CFPB Monitor

OCTOBER 17, 2018

The Payday Rule’s compliance date is August 19, 2019. In the preamble, the CFPB states that it expects to issue a NRPM “by no later than early 2019 that will address reconsideration of the rule on the merits as well as address changes to its compliance date.”. Regulation E Modernization.

Regulation 68

Regulation Compliance Lending Cards 68

Insights on Business

SEPTEMBER 8, 2016

Sustained low interest rates and the ongoing operational costs – in particular the cost of compliance – are compressing profit margins. And it’s a much needed influx of innovation. In response, most banks are cutting costs and expenses aggressively. Almost sounds too good to be true, doesn’t it?

Study 70

Study social media Compliance Operations 70

FICO

MARCH 18, 2020

Recent innovations have focused on the development not only of an image or voiceprint, but on building a more comprehensive biometric profile, using multiple variables (static and behavioral). and have a read of our series of three white papers looking at how biometrics are being implemented and developed in financial services organizations.

Fraud 52

Fraud Analytics Samsung Comparison 52

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. Blake Wood (SVP & Director, Program Innovation).

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Helps with mobile onboarding and anti-money laundering compliance. ^SR. Speaking so much about payments are still so paper-based and they don’t need to be.

Video 40

Video Mobile social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. To those community bankers claiming their growing Compliance departments say no to everything. Somebody-Call-the-Whaambulance Award.

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

MAY 10, 2016

There is a growing focus on customer experience and related compliance issues. We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. Download: 10 Reasons Why Fintech Startups Fail White Paper. Qumram – @QumramAG – [link]. Simon Scheurer (CTO). Nicola Cowburn (CMO).

San Jose 40

San Jose Customer Experience Mobile social media 40

William Mills

SEPTEMBER 9, 2016

Auto-financing is ripe for innovation. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. With reporting, can get rid of excel.

social media 40

social media ATM Mobile Customer Experience 40

William Mills

SEPTEMBER 7, 2016

Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Their application is middleware. Biometrics?

Mobile 40

Mobile Cards Fraud Data 40