FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

Insights on Business

JUNE 27, 2018

Asset liability management (ALM) and liquidity risk (LR) are top of mind for banks as the pressure from today’s regulatory environment heats up. Continued innovation in big data technology makes it possible to extend it into new sectors, such as risk management.

Big Data 151

Big Data Data Risk Management Analytics 151

PYMNTS

OCTOBER 28, 2020

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. Last June, Oracle advanced its Retail Brand Compliance Management Cloud Service with the latest innovations.

Compliance 154

Compliance Security Management Analysis 154

PYMNTS

MAY 23, 2017

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Innovation 190

Innovation Payments Compliance Risk Management 190

South State Correspondent

JANUARY 4, 2023

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

Community Bank 195

Community Bank Capital Lending Training 195

Bobsguide

JUNE 14, 2022

Users will benefit from advanced treasury and risk management capabilities. Integrating the capabilities of Lozenge Analytics will allow Fusion KTP users to perform complex statistical risk calculations. Finastra adds Lozenge Analytics complex calculation capabilities to Fusion KTP for treasury customers.

Analytics 60

Analytics Risk Management Compliance Management 60

Abrigo

AUGUST 8, 2021

It’s also critical for reinforcing that management and the board of directors are able to receive accurate and timely updates about the health and performance of the financial institution’s portfolio. It also monitors compliance with applicable regulations and laws. Reviewing lending staff’s risk ratings.

System 195

System Lending Policies Regulation 195

FICO

NOVEMBER 24, 2021

Retail Credit Analytics. FICO’s win in the Innovation category for the fifth consecutive year highlights its commitment to innovation and developing technology that is relevant in today’s market.”. Chartis Research is the leading provider of research and analysis on the global market for risk and finance technology.

Report 52

Report Analytics Company Innovation 52

CFPB Monitor

NOVEMBER 22, 2022

The Treasury Department has released a report entitled “ Assessing the Impact of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.” The report looks at the role of these new entrant non-banks, how they interact with insured depository institutions (IDIs), and their impact on these core markets.

Fintech 78

Fintech Report Data Lending 78

FICO

DECEMBER 1, 2020

Additionally, FICO was recognized as one of the top six overall risk management technology vendors and won Category Leader for AI Applications. FICO offers proven enterprise fraud and financial crimes management solutions. We stop payments fraud in real time across retail banking and consumer lending.

Fraud 59

Fraud Risk Management Analytics Management 59

South State Correspondent

APRIL 27, 2022

Consider a regional bank with a “digital transformation initiative” that rolled out its new “digital user experience” for its retail customers in 2020. The total experience is the product, the user’s journey with the product, the marketing/branding, and the interaction between the users and support staff.

Customer Experience 195

Customer Experience eBook User Experience Policies 195

PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle.

Policies 123

Policies Compliance Regulation Innovation 123

CFPB Monitor

MAY 24, 2019

The OCC’s Semiannual Risk Perspective report focuses on key issues that pose threats to bank safety and soundness and legal compliance. Among such issues discussed in the Spring 2019 report , which generally reflects bank data as of December 31, 2018, are risks arising from financial innovation and new technologies.

Innovation 68

Innovation Report Compliance Risk Management 68

PYMNTS

SEPTEMBER 13, 2018

Wissema told PYMNTS that prepaid cards can be an effective tool in risk management, as the cards pre-load multiple currencies at pre-determined exchange rates. Amid the new markets are Australia, Belgium, Denmark, Finland, Germany, Ireland, Italy, the Netherlands, Norway, Spain, Sweden and the United Kingdom.

Payments 100

Payments Risk Management blockchain Management 100

FICO

NOVEMBER 23, 2021

Sid has more than 20 years of experience in the financial, energy, and commodities markets. 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.

Meeting 52

Meeting Analytics Risk Management Management 52

Bobsguide

AUGUST 7, 2022

“Moving from an on-premises model to a cloud-based managed service is a big part of our operational strategy for treasury activity,” said Gary McDermott, Treasurer at The Co-operative Bank. The Co-operative Bank also uses Fusion Risk for treasury credit risk management and Finastra’s banking technology for payments services. “By

Operations 68

Operations Strategy Innovation Policies 68

Jeff For Banks

JULY 8, 2017

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) Weak readings on employment, housing data, and retail sales won’t stop them. Here we are in July already! trillion in 2008. We shall see.

Marketing 60

Marketing Community Bank Security Data 60

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets.

Report 100

Report Payments blockchain Security 100

South State Correspondent

MAY 9, 2022

We all say the customer comes first, but our actions around innovation often put cost, compliance, or our present way of doing business first. In costing a project, banks often leave out the cost of internally maintaining the system and the incremental labor effort associated with things like training, marketing, audit, and risk management.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. That concern is growing for financial decision-makers in the retail, wholesale, and food and beverage industries, researchers noted. .

Management 155

Management Trends Data Analytics 155

FICO

OCTOBER 1, 2018

This year’s judges are: Sid Dash , research director at Chartis for risk management analytics. Julie Conroy , research director for Aite Group’s Retail Banking practice. Andras Cser , principal analyst - security and risk professionals at Forrester. Tanya Andreasyan , editor at Banking Technology.

Analytics 40

Analytics Conference Compliance Innovation 40

FluentBanking

JUNE 25, 2021

The primary function of the treasury department is to manage all funds of the Bank as well as to play an important role in the money market of the country. The core objective of the unit is to predict and find solutions to future risks as well as deal with present areas which may contain risk for the Bank.

Management 52

Management Compliance Software Operations 52

Gonzobanker

MAY 21, 2019

Jane Quiet, an assistant vice president in the Marketing Department. Transformation Recommendations : Replace current retail banking executive with chief experience officer with stronger know-how to scale a digital business. Interestingly, the average number of products utilized by Acme Bank’s households has stagnated at 2.6

Customer Experience 112

Customer Experience Analytics Management Operations 112

PYMNTS

OCTOBER 4, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup.

Capital 128

Capital Lending California Regional 128

PYMNTS

JUNE 5, 2020

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. Even if your products are not covered per FinCEN in the U.S.,

Security 174

Security Fintech Data Fraud 174

FICO

MAY 27, 2021

This year the 12 winners have demonstrated extraordinary innovation in very different industries and markets. . Decision Management Innovation. eDriving , a leading global provider of digital driver risk management programs, partnered with FICO to create a score based on telematic driving data. Regulatory Compliance.

Analytics 52

Analytics Fraud Management America 52

Gonzobanker

NOVEMBER 17, 2016

Some of the best discussions from Money 20/20 centered around three key megatrends: Megatrend #1 – Retailers Want the Smart POS. Retailer perspective sessions emphasized improving the consumer’s buying experience versus the payment experience. market will be very far away. Megatrend #3 – The Search for the Next Killer App.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

Gonzobanker

AUGUST 17, 2016

For banking, top business drivers have included customer engagement and innovation, but also just plain old know-your-customer regulatory and compliance expectations. Anyone running a BI team knows that managing technology is easier than setting specific priorities across the enterprise. But, let’s face it. OK, got that out of the way.

Leadership 60

Leadership Tools Big Data Risk Management 60

FICO

JANUARY 12, 2022

For a thorough review of the best enterprise fraud systems on the market, check out the most recent Chartis Market Quadrant report: Financial Crime Risk Management Systems: Enterprise Fraud; Market Update and Vendor Landscape, 2021. You’ll see that FICO was named the overall category leader.

Fraud 52

Fraud Technology Management Trends 52

Gonzobanker

DECEMBER 17, 2021

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Congrats to Randy and a great management team. Goes to the growing cacophony of low-code and no-code software promises in the bank tech market.

Fintech 142

Fintech Strategy Leadership Lending 142

Independent Banker

FEBRUARY 24, 2016

The OCC’s 2015 “Survey of Credit Underwriting Practices” found, for the third consecutive year, that more banks are easing underwriting standards for commercial and retail loan products, than tightening. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well.

Community Bank 70

Community Bank Community Regulation Compliance 70

Gonzobanker

DECEMBER 22, 2014

The Third Annual Matt Taibbi Too Big to Jail Award – While the Wall Street megabanks again had a banner year of screwing their customers and the markets, the six banks that were fined $4.3 Retailer of the Year that Caused the Most Project Heartache in Bank I.T. Risk Management. ??? THE STINKING FEDS AWARDS.

Los Angeles 101

Los Angeles Apple Risk Management California 101

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

JUNE 14, 2017

Online fraud is no small problem for merchants, but a significant number of retailers do not spend enough time on the dual goals of streamlining the consumer data experience while weeding out possible fraudulent transactions. But differing consumer expectations around the issue of security present a challenge for retailers.

Retail 146

Retail Data Fraud Cards 146

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Number of investments (since 2012): 2. Stated investment focus: N/A.

Strategy 28

Strategy Marketing Analytics Innovation 28

Independent Banker

JANUARY 28, 2016

Thomas: Regulators are always cautious about financial institutions becoming complacent about warding off rising credit risks and drifting underwriting standards. The trends apply to commercial and retail lending. It says loan maturities are growing longer, too.

Community Bank 70

Community Bank Community Regulation Lending 70

Tomorrow's Transactions

JANUARY 29, 2016

Having spent a frustrating few months trying to convince executives in the payment industry that this is far from being a mere technical compliance issue, suddenly we have people knocking the door down to understand the profound business challenges that Open APIs offer. These APIs only exaggerate trends that are already occurring.

Regulation 39

Regulation Industry Compliance Cards 39