CFPB Monitor

FEBRUARY 8, 2021

The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs. Mr. Cordray expects Mr. Uejio to put the CFPB on a path that is more in line with the agency’s vision for carrying out its mission that prevailed under Mr. Cordray’s leadership.

Leadership 78

Leadership Lending Groups Policies 78

Perficient

NOVEMBER 9, 2020

HIPAA compliance and industry leadership. The last point is critical as HIPAA compliance is key to creating a successful marketing automation campaign for your organization. For instance, we recently launched a managed care consortium’s first marketing automation campaign on Marketo Engage.

Marketing Automation 525

Marketing Automation Marketing Resources System 525

CFPB Monitor

MAY 17, 2021

On May 6, 2021, the CFPB’s Office of Servicemember Affairs issued its eighth annual report summarizing its activities from January 1 through December 31, 2020. The report discussed the Office’s consumer outreach and educational efforts, servicemember complaint trends, and priorities for 2021.

Report 78

Report Compliance Leadership Analysis 78

Insights on Business

JULY 20, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 96

Risk Management Management Compliance New York City 96

Abrigo

JUNE 2, 2021

Does it address a “culture of compliance”? Delegating tasks such as gathering documentation and creating reports can help spread the burden of exam time. Culture of compliance. This includes compliance from top, to middle, to frontline leadership. Leadership must actively support and understand compliance efforts.

How To 195

How To Training Compliance Policies 195

PYMNTS

DECEMBER 27, 2017

Not only do employees with disabilities comprise a large talent pool, it’s a remarkably innovative one: 75% of them report having an idea that would drive value for their company (versus 66% of employees without disabilities). But teaching managers to display inclusive leadership behaviors is just the first step.

Compliance 100

Compliance Leadership Training Innovation 100

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

Abrigo

FEBRUARY 10, 2023

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. The Final Rule for Beneficial Ownership Reporting was issued in September 2022. Effective January 1, 2024, the rule establishes definitions for reporting provisions of the FinCEN beneficial owner database.

Fraud 195

Fraud Training Regulation Compliance 195

CFPB Monitor

JANUARY 26, 2015

Mishkin Last Friday, the CFPB announced the following additions to its senior leadership team: Leandra English will serve as the CFPB’s Deputy Chief Operating Officer. English previously served as a senior advisor and chief of staff to the Office of Management and Budget’s Deputy Director of Management.

Leadership 60

Leadership Capital Regional Compliance 60

PYMNTS

JULY 19, 2017

Apple recently announced it named a new managing director for Greater China. “We look forward to making even greater contributions under her leadership.” ” New Chinese compliance rules require foreign technology firms to store data locally and in partnership with Chinese firms. .

Apple 100

Apple Management Leadership Compliance 100

Insights on Business

OCTOBER 11, 2018

IBM OpenPages is again in the Leader’s quadrant of the new 2018 Gartner Magic Quadrant for Integrated Risk Management (IRM). In May 2018, IBM proudly accepted two distinguished RegTech Awards – for “Best AI Solution for Regulatory Compliance” and “Best Regulatory Alert Management Solution”. Wheeler, Jie Zhang, Earl Perkins.

Risk Management 70

Risk Management Management Compliance Innovation 70

Abrigo

DECEMBER 8, 2021

Takeaway 3 Set an agenda for the BSA/AML board training, covering topics like board expectations and suspicious activity reports. Set board expectations The board plays an integral role in creating a culture of compliance. Discuss thresholds for mandated reporting and how many SARs you filed during the year.

Training 195

Training Resources Video Compliance 195

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. This is a must-have risk management concept.

Training 195

Training Compliance Leadership Fraud 195

PYMNTS

AUGUST 23, 2019

Emma Waddell will join the company as vice president of financial services compliance, while Joe Rodriguez will serve as lead counsel of financial services, per news from the retailer. “As Waddell will provide support and guidance to financial services compliance leaders across all of the company’s operating markets, including Walmart U.S.,

South Carolina 148

South Carolina Compliance New Jersey Leadership 148

CFPB Monitor

NOVEMBER 21, 2022

The report discusses the Bureau’s examinations in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, mortgage servicing, and payday lending that were completed between January 1, 2022 and June 31, 2022. Consumer reporting. Auto servicing.

Report 78

Report Cards Lending Management 78

PYMNTS

APRIL 28, 2020

Weber was most recently head of Financial Crime Prevention for the Americas at UBS, spearheading all facets of sanctions, BSA and AML compliance. Rich brings unquestioned integrity, legal acumen, and management experience to DFS,” Lacewell said in the announcement. Weber led high-profile investigations into Silk Road and FIFA.

Bitcoin 168

Bitcoin Cards New York Fraud 168

PYMNTS

JULY 10, 2019

Privacy management company TrustArc is getting $70 million to further advance innovation and security in the data privacy landscape via a Series D funding round. A global provider of privacy management solutions, TrustArc said the funding will help advance the company’s leadership position in the privacy market.

Leadership 100

Leadership Innovation Security Study 100

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." Takeaway 2 Section 1071 would require the collection and reporting of 13 specific data points and allow the CFPB to require additional data. The proposed rule , unveiled Sept. The mandatory 13 data points are listed below.

Lending 195

Lending Data Regulation Community 195

PYMNTS

NOVEMBER 28, 2017

The type of fraud an employee may deploy varies greatly, from a seemingly benign inflation of figures on expense reports , to misuse of corporate cards or even the sale of company information and passwords. About a third said they have observed suspected misconduct, but that doesn’t mean it always goes reported: Nearly a quarter of U.S.

Fraud 101

Fraud Report Survey Leadership 101

Insights on Business

MAY 23, 2019

Today, the responsibilities of the sales compensation leader—variously called the incentive compensation manager, the director of compensation and benefits, the director of distribution, the director of sales operations and so forth—have changed in response to both organizational success and the increasing complexity of sales incentive hierarchies.

Management 96

Management Software Operations Meeting 96

Insights on Business

OCTOBER 21, 2017

It’s now possible to leapfrog manual compliance processes and keep pace with regulatory change by employing advanced capabilities including cognitive computing. Promontory Financial Group, an IBM subsidiary that specializes in risk management and regulatory compliance, has trained Watson on regulatory content.

Compliance 105

Compliance Leadership Risk Management Georgia 105

PYMNTS

JULY 27, 2020

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. ” The Telegraph reported that Davis is the latest in a string of senior executives to leave Revolut over the past year.

United States 140

United States Leadership Risk Management California 140

CFPB Monitor

JANUARY 12, 2021

The CFPB’s Taskforce on Federal Consumer Financial Law released its report making recommendations on how to improve consumer protection in the financial marketplace. The report consists of two volumes. The Taskforce report reflects the unanimous views of its five members. Credit reporting.

Report 78

Report Regulation Policies Compliance 78

Abrigo

MARCH 4, 2022

In addition, the firm’s cyber threat solution detects and quickly reports to the client any potential internal malware infection of a compromised employee or third-party risk. Monitoring for ACH activity, cybercrimes ACH activity also deserves careful monitoring, noted Abrigo Compliance and Engagement Director Terri Luttrell.

Exercises 195

Exercises Leadership Fraud Resources 195

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. Match powerful AML software to your risk profile. learn more. “Mr. Focus BSA/AML resources on risk.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. According to reports, Kyriba has a strong presence in the region with more than 50 corporate clients in Japan.

Tools 100

Tools Capital Compliance Leadership 100

Insights on Business

JULY 18, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 70

Risk Management Compliance New York City Innovation 70

Accenture

OCTOBER 10, 2017

Regardless of how committed a management team is to becoming Future-Ready, in the words of Muhammad Ali, “The hands can’t hit what the eyes can’t see.”. It provides management with a front-to-back value chain view of the organisation, costs and headcounts tied directly to business line and revenue base. Read the report.

Leadership 171

Leadership Management Data Analysis 171

FICO

JANUARY 24, 2019

More recognition of FICO’s leadership in anti-money laundering (AML) and know-your-customer (KYC) solutions has just come in the form of two new IDC MarketScape reports. The reports note that FICO TONBELLER should appeal to all sizes of financial institutions requiring AML or KYC solutions.

Report 40

Report Customer Experience Analytics Compliance 40

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Authorities last week also fined both Alibaba and Tencent 500,000 yuan (about $76,400) for failing to properly report previous acquisitions.

US 168

US Regulation Groups System 168

Independent Banker

OCTOBER 29, 2014

New BSA guidance reinforces having an appropriate ‘culture of compliance’. Community bank compliance professionals know three things about effective compliance management: It starts at the top. As a result, most compliance officers were likely not surprised by the August 2014 “Advisory to U.S. By Mary Thorson.

Compliance 80

Compliance Leadership Resources Virginia 80

PYMNTS

OCTOBER 16, 2018

One report from Bain and Company, released last week, highlighted how Chinese companies are deploying more strategic, sophisticated merger and acquisition (M&A) strategies in the wake of trade disputes with the U.S. Separate reports in CFO.com also emphasized the legal risks linked to transshipments. “In some cases, U.S.

Compliance 164

Compliance Survey United States Report 164

CFPB Monitor

FEBRUARY 10, 2021

In the MOU, the agencies agree to collaborate on examinations as follows: In accordance with a 2012 MOU, the agencies will continue to share relevant supervisory information, including request letters and examination reports, through electronic means.

Training 78

Training Compliance Meeting Leadership 78

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Data Management. The company said it will use the backing to focus on its go-to-market strategy and expand existing leadership.

Analytics 189

Analytics Data Capital San Francisco 189

Cisco

OCTOBER 4, 2022

It also spells out management oversight of IT systems, to include governance, and provides principles for auditors to address. The booklet carves out responsibilities for different roles within an organization, from board and senior manager responsibilities, to chief architect and operations management responsibilities.

Operations 118

Operations Software Risk Management Management 118

Insights on Business

OCTOBER 31, 2019

How do compliance professionals manage more than 57,000 regulatory alerts in one year? IBM OpenPages with Watson recently had the opportunity to join host Thomson Reuters for a morning of regulatory compliance thought leadership to explore this very topic. Susannah Hammond Cost of Compliance Survey 2019.

Compliance 70

Compliance Community Analysis Survey 70

Insights on Business

OCTOBER 31, 2019

How do compliance professionals manage more than 57,000 regulatory alerts in one year? IBM OpenPages with Watson recently had the opportunity to join host Thomson Reuters for a morning of regulatory compliance thought leadership to explore this very topic. Susannah Hammond Cost of Compliance Survey 2019.

Compliance 70

Compliance Community Analysis Survey 70