Remove Customer Experience Remove Financial Technology Remove Risk Management Remove Technology
article thumbnail

FHFA announces Office of Financial Technology

CFPB Monitor

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

article thumbnail

OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. The winners in BaaS will be outstanding risk managers – not risk eliminators.

article thumbnail

10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195
article thumbnail

Don’t miss these IBM sessions at Money20/20

Insights on Business

Creating compelling AI omni-channel customer experiences. Warren Raisch, IBM Executive Strategist, Watson Customer Engagement. Customers expect personalized engagement at every touch point. For those in fraud and risk management, and executives in money transfer and payment services. 10:45-11:30 AM.

Fraud 117
article thumbnail

Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Allianz has backed startups providing complimentary technologies to auto insurance for purposes of roadside assistance ( Urgent.ly ), cybersecurity ( Argus ) and connected camera networks ( Nauto ). Stated investment focus: The Internet of Things (car/home/health), data and analytics, innovative customer experiences, distribution (i.e.

article thumbnail

Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Stated investment focus: Mobility & connected car, connected home & properties, insurtech & wealth management, digital health, cybersecurity & data intelligence. ” In this area, AmFam has made investments in startups including Cozy , a rent management startup, and mobile used car marketplace Instamotor. .”