PYMNTS

JULY 5, 2018

Partnerships end up a win-win: Banks remain competitive with leading-edge services while FinTech companies score market reach and the solid reputations of their bank partners. Maintaining compliance and security , though, must be at the top of the priority list, according to Stemmle and Kull.

Compliance 109

Compliance Fintech Marketing Security 109

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. The federal entity is charged with monitoring the U.S. How To Quickly Fight KYC Fraud.

Security 174

Security Fintech Data Fraud 174

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. the movement of money out of money market funds to CDs versus new deposit money coming in).

Report 195

Report Risk Management Capital Data 195

Insights on Business

JANUARY 8, 2019

But what has this got to do with risk management I hear you ask? It requires calculating sensitivities of the non-cleared trades to a large set of market risk factors on a daily basis. The more complicated technical term is superposition, but let’s not worry about it at this stage.

Risk Management 107

Risk Management Management Course Big Data 107

BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. While banks look to automation to improve transaction monitoring, they must remain ever mindful to adapt technology to current market needs.

Security 98

Security Compliance Analytics Lending 98

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management. Credit Decisions. Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. It’s satisfying key regulatory requirements, but at the end of the day it’s not providing the insight around managing your risks that it should.”.

Compliance 111

Compliance Data Austin Management 111

PYMNTS

NOVEMBER 26, 2019

As a licensed exchange, BitBay has to follow the market standards. 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.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. Arrive Logistics.

Marketing 109

Marketing Capital San Francisco Management 109

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

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.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

OCTOBER 28, 2020

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. With over 20 years of experience fighting cybercrime, the Oracle Cloud Infrastructure (OCI) claims to be highly secure and scalable.

Compliance 154

Compliance Security Management Analysis 154

PYMNTS

SEPTEMBER 22, 2016

In a press release , Money Data Limited, which provides services, including WeChat Pay, said it implemented Thomson Reuters Risk solutions to assist in adhering to HKMA regulatory requirements. Thomson Reuters said the selection underscores the strength of its screening platform and its position in the regulatory technology market.

Compliance 100

Compliance Data Risk Management Regulation 100

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. As well as margin call calculations, it handles counterparty messaging, dispute management, substitutions, settlement and interest payments, and it optimizes bank security inventory for collateral pledges.

Compliance 60

Compliance Management Regulation Software 60

Bobsguide

MAY 8, 2022

A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. To receive the designation, AWS Partners must possess deep AWS expertise and undergo an assessment of the security, performance, and reliability of their solutions.

Compliance 166

Compliance Risk Management Digital Banking System 166

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

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. Together, the firms will target middle-market businesses looking to grow internationally.

Management 100

Management Risk Management Compliance Operations 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

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

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map. Capital markets.

Fintech 93

Fintech Marketing US Technology 93

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. They will incorporate capabilities to address needs that can generally be grouped into three questions: Does the loan administration software or system capture or generate accurate, timely information in a secure environment?

System 195

System Lending Software Risk Management 195

CB Insights

JULY 26, 2022

Retail banks are tasked with protecting their customers and businesses from fraud, financial crime, cyber threats and other risks in order to preserve the well-being of their organizations and the global financial system. Crypto compliance & transaction monitoring. Data privacy & security. Fraud prevention.

Fraud 36

Fraud Retail Management Technology 36

PYMNTS

DECEMBER 10, 2018

The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team. Social media giant Facebook is looking to grow its blockchain team, according to a report.

blockchain 177

blockchain social media cryptocurrency Risk Management 177

CFPB Monitor

AUGUST 4, 2022

Of particular concern to the FDIC is the risk that consumer confusion or harm can arise from crypto assets offered by, through, or in connection with an insured bank particularly when a non-bank offers crypto assets to its customers while also offering an insured bank’s deposit products.

FDIC 78

FDIC Risk Management Policies Regulation 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

CB Insights

JULY 20, 2017

We used CB Insights data to identify over 135 cybersecurity companies with specific use cases for financial services, and categorized them into a market map spanning 16 key categories and subcategories. See the full list of companies included in the market map in a table below. Track cybersecurity startups. CYBERSECURITY STARTUPS.

Security 30

Security Company Compliance Marketing 30

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

SEPTEMBER 30, 2018

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. Working together with CipherTrace, we bring transparency, integrity and compliance to the world of virtual currencies.”.

Compliance 144

Compliance cryptocurrency Risk Management Fraud 144

PYMNTS

JUNE 22, 2020

And for the customers, there’s the rabbit hole of trying to prove that the bad guys co-opted their names, social security numbers and other data. Against that backdrop, FIs must walk a tightrope, balancing customer security with the customer experience, minimizing onboarding friction while meeting regulatory requirements.

Fraud 193

Fraud Cards Risk Management Customer Experience 193

CFPB Monitor

AUGUST 31, 2021

Financial condition and competitive market environment and client base. Legal and regulatory compliance. Risk management policies, processes, and controls. Information security program and information systems. Business continuity planning, incident response plan, and reliance on subcontractors.

Community Bank 78

Community Bank Community Fintech Company 78

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. Lending & Credit Risk. Credit Risk Management.

System 195

System Lending Policies Regulation 195

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

Abrigo

FEBRUARY 25, 2022

Takeaway 3 Keep an eye on updates to changing markets, including cannabis and antiquit ies trading . The current guidance for FinCrime models was written in 2011 and meant for credit and market risk. House of Representatives advanced the Secure and Fair Enforcement (SAFE) Banking Act to the Senate for the sixth time.

Regulation 195

Regulation Policies Compliance Washington 195

CFPB Monitor

JULY 27, 2020

recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers. The letter states that the OCC.

National 113

National cryptocurrency Risk Management Regulation 113