BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. Ian Dunn, general manager of portfolio analytics for digital lending solution nCino, will share his […].

Security 98

Security Compliance Analytics Lending 98

CFPB Monitor

SEPTEMBER 8, 2022

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. This approach is expected to enable a clearer focus by the OCC on risks and risk management expectations.

Fintech 146

Fintech Risk Management Conference Lending 146

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. Loan administration is a basic and yet far-reaching process of lending. Find out about upcoming free lending/credit webinars. Your loan administration should help detect emerging problems and improve auditability.

System 195

System Lending Software Risk Management 195

Abrigo

AUGUST 8, 2021

As regulators described “practices generally considered consistent with safety-and-soundness standards,” they revised loan review guidance to reflect the broader importance of credit review to risk management. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions.

System 195

System Lending Policies Regulation 195

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Gonzobanker

SEPTEMBER 21, 2023

NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal community bank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., That firm recently secured funding from Visa, which is also in the process of acquiring Plaid as part of its own wide-ranging open banking initiatives.

Data 167

Data Lending Regional Fintech 167

Abrigo

AUGUST 6, 2021

Community banks are critical to ag lending and small business lending. Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information.

Community Bank 195

Community Bank Community Kansas City Lending 195

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.

Video 175

Video Capital Lending Security 175

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Compliance Risk – The banking industry is highly regulated.

Risk Management 40

Risk Management Management Operations Meeting 40

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Insights on Business

NOVEMBER 19, 2018

Both fintech firms and traditional enterprises are on the brink of significant disruption as companies leverage the rapid insights generated by AI in banking to drive demonstrable outcomes in customer experience, risk management and cost efficiency. The caveat: There are winners and losers in this forward-thinking revolution.

Compliance 177

Compliance Regional blockchain Technology 177

PYMNTS

MAY 26, 2017

If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others. Payments, lending and personal finance are three promising segments, as is insurance, Goldman Sachs said in the report. It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Meeting 52

Meeting Analytics Risk Management Management 52

CFPB Monitor

AUGUST 7, 2020

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (“CARES Act”) provided several forms of financial relief to businesses and individual borrowers, and some states and localities have provided similar credit accommodations. The guidance also recommends several effective approaches to consumer protection risk management.

Risk Management 78

Risk Management Management Guidelines Report 78

PYMNTS

JUNE 7, 2018

The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, BlueVine founder and CEO, Eyal Lifshitz, told Karen Webster shortly after his firm’s latest $60 million funding round was announced. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 124

Lending Tools Management Risk Management 124

PYMNTS

OCTOBER 4, 2019

based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. SaaSOptics said it will deploy the funding to invest in engineering and product management. An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based

Capital 128

Capital Lending California Regional 128

Abrigo

SEPTEMBER 22, 2021

PCD Disclosures Some disclosures are the same, but disclosures tied to PCD accounting and AFS debt securities are changing under CECL. Another change is that institutions recognize credit impairment of debt securities classified as assets held for sale (AFS) through an allowance for credit losses under CECL. Portfolio Risk & CECL.

Security 195

Security Examples National Report 195

PYMNTS

JUNE 21, 2019

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. million from Alteria Capital.

Marketing 109

Marketing Capital San Francisco Management 109

Abrigo

AUGUST 22, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Eventually, the employee sends back secure financial information, allowing the criminal to forge a business check or process a wire transfer. Lending & Credit Risk. Portfolio Risk & CECL.

Fraud 195

Fraud Trends Survey Technology 195

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. Marketplace-driven digital-platform lenders are also structured so that credit risk is held by the investor funding the deal.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

JUNE 6, 2018

The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, Blue Vine CEO and Founder Eyal Lifshitz told Karen Webster shortly after his firm’s latest $60 million funding round was announced. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 100

Lending Tools Management Risk Management 100

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JUNE 27, 2018

That growth in value is due, in large part, to financial institutions (FIs), many of which have adopted or developed new AI solutions, products and features to offer their customers more stringent security, intelligent insights and other value-added capabilities.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

Insights on Business

OCTOBER 11, 2018

More broadly, the Banking Industry Architecture Network (BIAN), a global consortium of banks, technology companies and academic institutions, is developing a standard whereby a bank can be modeled as a collection of capabilities, such as payments, risk management, deposits and lending, with a well-defined services interface.

Meeting 111

Meeting Customer Experience System Guidelines 111

BankUnderground

JUNE 25, 2020

They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. The second risk from barriers to cross-border data flows is that they may impede the sharing of information between regulators. 15 of this report ).

Data 105

Data Big Data Regulation Risk Management 105

CB Insights

NOVEMBER 21, 2019

Companies in this subcategory (1) provide technology to capital markets players to enable the augmentation or replacement of securities issuance, trading, and/or clearance and settlement processes, or (2) leverage technology to provide these services directly to end-users. Wealth management. Capital markets. Real estate.

Fintech 93

Fintech Marketing US Technology 93

Gonzobanker

MARCH 6, 2020

Loan and deposit operations processes often utilize myriad systems to manage daily work. Technology: The ‘Must Have’ List Is Growing.

Operations 93

Operations System Groups Technology 93

Abrigo

SEPTEMBER 20, 2021

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. securities credit.

Lending 195

Lending Data Compliance Regulation 195

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech. Billy Reveals Open Banking Plans.

Fintech 173

Fintech Compliance Risk Management Lending 173

PYMNTS

JUNE 27, 2016

As a result, he says, regulators are on “high alert” and can impose harsh penalties when financial institutions don’t follow proper risk management strategies. “In response, many took a highly conservative approach to derisking their portfolios by simply terminating their high-risk accounts.

Regulation 101

Regulation Guidelines Risk Management Operations 101

FluentBanking

APRIL 18, 2020

in each case, for standing first in the examination by securing minimum 60% marks in the aggregate and completing the examination in one chance. The use of a simple calculator is permissible No books, Mobile Phones, etc. Various kinds of prizes for Outstanding Result GOLD MEDALS 1.Two Two Eastern Bank Ltd.

Regulation 52

Regulation Case Study Security Management 52

Lex Sokolin

DECEMBER 25, 2019

Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated. Other things like Compound are essentially a securities lending marketplace?—?you But being a leader doesn’t yet mean celebrating industry victory?—?Ethereum’s all Fintech unicorns?—?that

blockchain 52

blockchain Bitcoin Software Lending 52

Fintech Labs Insights

JUNE 18, 2015

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. P2P mortgage lending. Compliance & risk-management technology. Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7 Total raised: $120.8

San Francisco 12

San Francisco Company Fintech Albuquerque 12

Lex Sokolin

JULY 1, 2019

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02

Bitcoin 40

Bitcoin System Software blockchain 40