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Crowe: Risk Management With RegTech As Strategy

PYMNTS

Marry tech and talent, then risk management can pay dividends, notes an upcoming PYMNTS webinar. He noted that in the financial services realm, firms are already heavily regulated and they struggle with the looming threat of consequences, should shortcomings arise, when it comes to risk management.

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For faster loan origination, stop doing this

Abrigo

Taking a critical look at the existing steps for the financial institution’s loan applications and credit decisions can uncover opportunities to offer faster business loan decisions that provide a better member or customer experience. Stop manual tax-data entry. Easily upload and import the data.

Lending 221
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LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  

PYMNTS

During the question-and-answer session, management pointed to the recently-announced partnership with Intuit as delivering data-driven credit services to Turbo Tax users.

Taxes 159
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Like ISO 20022, converting to the FDX standard is not a project but an ongoing process.

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Formula for Business Lending Success: Minimize Delays

Abrigo

They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management. The types of inefficiencies and delays are those that can also result in unhappy customers and staff. Standardizing, automating processes leads to scale.

Lending 243
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China B2B FinTech Nabs The Venture Capital Spotlight

PYMNTS

It noted plans to use the funding to invest in its underlying technology, with a focus on improving customer experience. The company plans to use the funding to further invest in blockchain research, Big Data and cloud computing, with an eye on augmenting its risk management and tax digitization capabilities.

Capital 101
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AscendantFX Makes The Case For Wire Transfer

PYMNTS

. “For financial institutions, compliance is costly, often resource-taxing, and requires an institution to ask for personal information from their customers that their customers, by law, must provide, but may be reluctant to due to privacy concerns,” he said.

Fraud 116