PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. However, there is a range of other areas of noncompliance risk for these businesses. In the U.S.,

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

MAY 2, 2024

Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework. It also outlines the risk management practices that need to be followed when evaluating small business lending opportunities.

Lending 221

Lending Strategy Analysis Policies 221

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). The companies will combine their risk analytics and hedge accounting software as well, they said. “We

Compliance 100

Compliance Risk Management Tools Software 100

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Get details in "A guide to implementing credit policy."

Training 195

Training Risk Management Analysis Policies 195

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Risk Management 52

Risk Management Mobile Management Compliance 52

Bobsguide

AUGUST 7, 2022

Profile Software , an international financial solutions provider, announced today the launch of its pioneering solution Acumen.plus Loan Portfolio Management for corporates. This deployment ensures compliance and easy adoption to any change regarding Libor decommissioning, as well as set up of the new instruments based on RFR rates.

Management 88

Management Compliance User Experience System 88

PYMNTS

AUGUST 21, 2019

ADEC Innovations, a global sustainable practice and compliance firm, is partnering with London-based Libryo , a legal tech software as a service (SaaS) company, to help brands understand compliance requirements, ADEC said in a press release on Tuesday (Aug. The software will track chemical use and manage compliance.

Compliance 108

Compliance Innovation Software Risk Management 108

Perficient

JANUARY 3, 2024

Additionally, these branches underwent annual on-site inspections to ensure compliance with regulations. Member firms are responsible for ensuring surveillance and technology tools are suitable for remote locations. Member firms are responsible for conducting and documenting a risk assessment for remote locations.

Compliance 221

Compliance Risk Management Regulation Industry 221

CB Insights

OCTOBER 13, 2021

UK-based Elliptic captures the blockchain sector’s analytical data to provide anti-money laundering and risk resiliency services to fintech firms, government agencies, and cryptocurrency organizations. The company has over 100 customers across 29 countries, including Paysafe, Silvergate, Genesis, Coingate, and Uphold.

Analytics 65

Analytics Compliance blockchain Tools 65

PYMNTS

OCTOBER 16, 2019

The Cost of Compliance. Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated. Most financial institutions know that emerging tech and new tools can help fight fraud and money laundering, but many are still held back.

Compliance 123

Compliance Fraud Study Digital Banking 123

Independent Banker

DECEMBER 31, 2022

The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. Climate-related risk. Quick Stat. The FDIC’s long-term goal for the reserve ratio of insured deposits. Source: FDIC. Multiple re-presentment fees. Michael Emancipator, ICBA.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

FEBRUARY 13, 2020

Elliptic, founded in 2013, has become known for cryptocurrency platform tools that help find and block illicit transactions. The funds are also being used to accelerate the launch of its new risk management solution, Elliptic Discovery. . It’s no longer OK for a bank to stick their head in the sand and pretend it doesn’t exist.

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

Abrigo

MAY 19, 2023

WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems. Takeaway 2 Examining the following objectives and evaluating your loan review system based on them can ensure regulatory compliance.

System 195

System Regulation How To Lending 195

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance. According to that report, 78 percent of U.S.

Policies 158

Policies Compliance Mobile Survey 158

PYMNTS

SEPTEMBER 15, 2020

In such a complex payments ecosystem, merchants have identified the value in diversifying their risk through embracing multiple solution providers partners, including multiple banking services providers. Diversifying Risk. Merchants didn’t realize how important it was to have a backup. A Single Digital EU Market.

Payments 299

Payments Risk Management Management Compliance 299

PYMNTS

MAY 17, 2018

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

Management 108

Management Risk Management Analytics Big Data 108

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. In fact, Brett Smiley, general manager of Americas for ComplyAdvantage , shared that only 3 to 5 percent of money laundering that happens around the world actually gets identified.

Compliance 111

Compliance Data Austin Management 111

Perficient

MARCH 3, 2021

Taking a cloud or multicloud approach has many benefits like reducing vendor lock-in, greater agility, scalability, network performance improvement, improved risk management, and more. But a multicloud environment can create silos and expose a need to manage all that data. API management. For example: Cloud adoption.

Data 309

Data Exercises Management Risk Management 309

Insights on Business

JUNE 28, 2018

A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance. So how is AI helping risk and compliance processes? Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements. Yes, a little, I agree.

Compliance 70

Compliance Case Study Analysis Analytics 70

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. if necessary?

Cyber Security 70

Cyber Security Management Security Risk Management 70

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

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. Mitsubishi UFJ Capital, based in Tokyo, led Kyriba’s Series D funding round , though investors did not reveal how much the company raised. “We

Tools 100

Tools Capital Compliance Leadership 100

Abrigo

SEPTEMBER 29, 2022

You might also like this webinar, "How to manage a high-performing construction loan portfolio." Takeaway 1 Construction loan management software dramatically increases efficiency and reduces costs. Takeaway 2 Using this type of software is a good way to mitigate risk. What is construction loan management software?

Software 195

Software Lending Management Strategy 195

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan.

Compliance 115

Compliance Risk Management Analysis User Experience 115

PYMNTS

JULY 5, 2018

In one of the more recent collaborative agreements struck between a bank and a FinTech, Orange Business Services and banking Software-as-a-Service (SaaS) firm additiv announced a partnership to provide traditional FIs with enhanced wealth and asset management services. Banks, meanwhile, enjoy out-of-the-box solutions.

Compliance 109

Compliance Fintech Marketing Security 109

PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. As a licensed exchange, BitBay has to follow the market standards.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

PYMNTS

JANUARY 10, 2018

Oversight Systems has updated its Insights On Demand software-as-a-service (SaaS) solutions to provide managers with quicker ways to identify expense report fraud. Oversight’s own analysis found 10 percent of corporate travelers commit high-risk spending, which includes fraudulent and out-of-policy spending.

Fraud 100

Fraud Tools Policies Risk Management 100

Abrigo

JUNE 8, 2021

Real consequences from OFAC sanctions violations OFAC compliance has increased in complexity and clarity with guidance released within the past few years and institutions need to take notice to avoid penalties. Importance of Compliance. A Framework for OFAC Compliance Commitments. OFAC sanctions can have real world impact.

Compliance 195

Compliance Software Case Study Payments 195

FICO

JANUARY 8, 2020

Specifically: Cybersecurity risk awareness is on another expansion wave, as a best-practice component of third-party risk management (TPRM). At long last, fraud and compliance infrastructures are starting to converge. Over the last decade, organizations have become increasingly aware of their own cybersecurity risk.

Compliance 52

Compliance Fraud New York City Analytics 52

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. Managing Risk.

Fintech 141

Fintech Risk Management Compliance Management 141

Insights on Business

MAY 23, 2016

It’s no secret that the volume and depth of regulations have positioned regulators as the top “customer segment” for many global financial services organizations, that’s why financial services risk management is so important.

Compliance 70

Compliance Risk Management Regulation Data 70

PYMNTS

SEPTEMBER 20, 2018

ProfitStars , the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept.

Fraud 156

Fraud Online Analytics Tools 156

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