PYMNTS

SEPTEMBER 22, 2020

It is therefore essential to have tools in place that can help manage this influx of mainly digital customers. How The Pandemic Is Shifting Banks’ Understanding Of Clo ud Compliance. Deep Dive: Why The Pandemic Is Pushing Up The Cloud Compliance Innovation Curve. About The Tracker.

Compliance 191

Compliance Digital Banking Security Online 191

Accenture

APRIL 26, 2016

As we’ve seen in my previous two posts, compliance leaders are in a balancing act. The results of Accenture’s 2016 Compliance Risk Study show increasing demands on compliance, but also a leveling of growth when it comes to the function’s. Read more.

Compliance 150

Compliance Resources Study Management 150

Accenture

MAY 9, 2016

If you’ve been following my handful of posts reporting on Accenture’s 2016 Compliance Risk Study, you’ve probably gleaned that compliance leaders face some challenges. Resources and tools can help compliance officers strengthen. Luckily, I don’t believe these challenges are unsolvable. Read more.

Compliance 150

Compliance Resources Study Tools 150

Banking Exchange

MARCH 25, 2020

The new study aims to collate the views and responses of mid-tier US banks to the COVID-19 pandemic Risk Management Feature3 Feature Human Resources Management Financial Trends Compliance.

Study 78

Study US Risk Management Resources 78

Insights on Business

MAY 1, 2019

A recently published Thomson Reuters study titled “ Fintech, Regtech and the Role of Compliance in 2019 ” found that a new regulatory alert is issued every seven minutes. To date, it seems that the way for an organization to keep pace with change, manage risk and improve compliance has been to hire and spend more.

Compliance 141

Compliance United States Regulation Study 141

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

Cisco

DECEMBER 1, 2020

Every year, Cisco conducts the Security Outcomes Study (SOS), a fully anonymous survey of over 4,800 active IT, security, and privacy professionals from around the world. Of the 4,800 participants in the larger study, 589 represented firms in the financial services sector.

Study 73

Study Security Maine Regional 73

PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. How low are the rates? That’s on a global scale. compared to this time last year.

Compliance 102

Compliance social media Study Data 102

PYMNTS

NOVEMBER 24, 2020

We do think that the work that we’ve done, and some of the studies we have and the modeling data that we have, shows that we can, with testing, shorten quarantines,” said Henry Walke , who manages the CDC's COVID-19 response, WSJ reports.

Compliance 186

Compliance Study Conference Report 186

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution.

Case Study 79

Case Study Study Compliance Risk Management 79

Abrigo

AUGUST 3, 2015

According to a recent survey by the American Bankers Association (ABA), more than 46 percent of respondents had to reduce offerings for loan or deposit accounts, or other services, at their bank because of regulatory compliance burdens.

Compliance 150

Compliance Community Bank Community Survey 150

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. That still sounds complicated, doesn’t it?

Compliance 70

Compliance Case Study Analysis Analytics 70

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution.

Case Study 70

Case Study Study Compliance Risk Management 70

American Banker

JULY 21, 2023

The regional bank told analysts that it has studied how much debt it would need to raise based on an effective post-reform capital floor of 6% of risk-weighted assets, and has determined that that increase in capital would be manageable.

Regional 69

Regional Capital Management Study 69

Insights on Business

AUGUST 22, 2018

According to some studies, as many as 30,000 to 40,000 regulatory changes can occur in a given year, and they are projected to culminate into 300,000,000 pages of regulation by the end of 2020. Given these issues, it is critical that governance, risk and compliance (GRC) systems are leveraged to enhance this process.

Compliance 79

Compliance Innovation Technology Policies 79

PYMNTS

AUGUST 24, 2020

Marketplaces must often manage currency conversions and meet other localized payment preferences that vary by market. These partners specialize in managing complex international payments and staying current on global markets’ compliance intricacies, freeing up marketplaces to focus on other business aspects. .

Study 152

Study Payments Meeting Online 152

Perficient

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time. The challenge lies in gauging how rising interest rates act as an external force on these dormant funds.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

MAY 6, 2020

In a recent conversation with Karen Webster, Flywire CEO Mike Massaro discussed the unique predicaments that make cash flow management and forecasting in the time of coronavirus an immense challenge for the higher education system. As a result, the picture of cash flow remains complicated, too. An Interconnected Ecosystem. ”

Management 159

Management Strategy Policies Industry 159

Perficient

FEBRUARY 4, 2021

It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management. By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. These include motor, cognitive, visual, and hearing disabilities.

UX 531

UX Guidelines Compliance Study 531

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Comparison Industry 150

PYMNTS

SEPTEMBER 28, 2020

Many companies lack digital methods for gathering and managing this information, with 49.5 Fifty-two percent of organizations struggled with “inconsistent” vendor information, according to a 2019 study. Not all companies manage to keep up with their data gathering needs. Digital Fixes. One survey that polled 1,040 U.S.

Data 166

Data Management Taxes Meeting 166

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. But fear not, compliance-conscious compadres.

Compliance 109

Compliance FDIC Strategy Fintech 109

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. No additional reporting or regulatory compliance for the lender or the borrower. No ISDA documents. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

MAY 6, 2020

In a recent conversation with Karen Webster, Flywire CEO Mike Massaro discussed the unique predicaments that make cash flow management and forecasting in the time of the coronavirus an immense challenge for the higher education system. As a result, the picture of cash flow remains complicated, too. An Interconnected Ecosystem. ”

Management 160

Management Strategy Policies Industry 160

Abrigo

DECEMBER 19, 2022

Given the demands of day-to-day duties, however, it can be challenging for BSA officers and other financial crime compliance staff to find time for training and education on fraud and money laundering. A strong culture of compliance should be reflected in MA& plans, and critical areas should be considered.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

APRIL 10, 2020

In many realms of businesses, machine learning (ML) and artificial intelligence (AI) have yielded powerful tools to manage such complex matters. Another remarkable trend to emerge from our latest study is the degree to which healthcare organizations are interested in deploying smart agent-based AI to improve their anti-fraud systems.

Fraud 362

Fraud Payments System United States 362

Insights on Business

FEBRUARY 19, 2019

Transparency in Incentive Compensation Management (ICM), as in many businesses, can be seen as an imperative. A business value assessment helps quantify the value of your incentive compensation management via self assessment and transparency. Key findings of the study included: 90% improved accuracy of payments. over 5 years.

Management 102

Management Study Security Analysis 102

Perficient

NOVEMBER 20, 2020

Anyone selling, designing, delivering, or supporting Microsoft services in the M365, Azure, or Power Platform (I will call this Microsoft Cloud below) should consider studying for and obtaining the three ‘Fundamentals’ certifications from Microsoft. Azure Fundamentals part 3: Describe core solutions and management tools on Azure.

Course 332

Course Compliance Security Resources 332

Insights on Business

JULY 17, 2019

Today, risk-awareness and risk averse behavior is the responsibility of everyone in the firm, so staff need to be able to engage in the common goal of regulatory compliance. Continued change can create lag in the organization between existing compliance capabilities and latest regulatory demands.

User Experience 79

User Experience Tools Survey Risk Management 79

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

Insights on Business

JANUARY 23, 2017

Even better, if you could find one that was previously owned by a very good student, it may already have been accurately pre-highlighted, providing even stronger study assistance. They’re spending about $100 billion a year on compliance efforts. We call it cognitive compliance.

Compliance 70

Compliance Regulation Training Study 70

PYMNTS

NOVEMBER 9, 2020

The Digital Services Act is forecast to revamp content management on platforms such as Facebook and Google. The European Commission will soon put forward a “revolutionary” revamp of digital rules that could negatively impact Big Tech’s business models, CNBC reported, citing experts. It is due to be put forward early next month. Fines .

Regulation 211

Regulation social media Compliance California 211

CFPB Monitor

AUGUST 1, 2016

Together with its release of the outline, the CFPB issued a report , “Study of Third-Party Debt Collection Operations.” The study concluded that, industry wide, “most debt collection firms are small” and that 75% of collection firms employ fewer than 20 people each.

Study 60

Study Industry Survey Sacramento 60

Perficient

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period. Contact us today!

Retail 221

Retail FDIC Risk Management Management 221

PYMNTS

MARCH 6, 2020

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. A Reliance on Compliance.

Compliance 130

Compliance Management Software System 130

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

Conference 221

Conference Las Vegas Fraud Case Study 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. Access a brief guide to CECL model validation here.

Risk Management 195

Risk Management Handbook Analysis Management 195