Abrigo

AUGUST 7, 2023

The plan should include all types of potential change, including anticipated or planned events, data recovery and backup procedures, strategies for resuming office productivity, communication guidelines, and policies/procedures on unexpected staff changes.

Training 195

Training Fraud Leadership Resources 195

CFPB Monitor

AUGUST 5, 2021

To further its ongoing diversity, equity, and inclusion (DEI) efforts, the New York State Department of Financial Services (DFS) announced an initiative to collect and publish diversity data on the demographic makeup of NY-regulated financial institution’s boards and senior management teams.

Data 78

Data New York Leadership Industry 78

Cisco

JANUARY 24, 2023

The prior blogs in this series, listed at the bottom, have discussed the various regulations affecting CIOs and their IT organizations. Financial institutions are regulated to be able to manage, secure, and audit their IT assets. The regulatory bodies and senior leadership care about ALL of it. Or the load balancers.

Meeting 96

Meeting Regulation Management Technology 96

PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. financial crisis.”.

California 122

California Data Security Regulation 122

PYMNTS

SEPTEMBER 3, 2019

Also, incoming European Union (EU) leaders are planning laws governing artificial intelligence (AI) as well as big data. And regulators are taking a close look at payroll advance apps. Regulators Taking a Close Look at Payroll Advance Apps. Regulators are looking into financial apps that let workers access their pay early.

Innovation 101

Innovation Data Taxes Payments 101

Perficient

AUGUST 14, 2020

To respond effectively, providers need immediate access to disparate data like bed capacity and COVID positive and COVID negative hospital staff. Evolving Regulations – Each state has their own guidelines for managing this health crisis. Our goal is to help catalyze current adaptive plans into longer-term strategic advantages.

System 519

System Analytics Strategy Guidelines 519

Abrigo

SEPTEMBER 14, 2022

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. Takeaway 1 The CFPB's proposed rule would require any lender with 25 or more covered transactions to collect more data for each application.

Lending 195

Lending Data Regulation Community 195

PYMNTS

JULY 24, 2019

The division will also look at new way to use technology to address financial exclusion; identify and protect consumer data rights; and encourage innovations so that the state maintains its presence as a financial innovation hub.

Regulation 108

Regulation Bitcoin New York Online 108

Insights on Business

JULY 19, 2017

Lofty expectations by millennials, FinTech upstarts, stinging memories of the financial meltdown, and a growing body of stringent regulations are just a few causes for industry-wide upheaval. The recent announcements bear testimony to the two systems’ leadership and constant progression in financial services. Long-standing leadership.

Data 143

Data Leadership System Industry 143

Abrigo

FEBRUARY 10, 2023

Keep leadership informed on AML/CFT trends to ensure a strong culture of compliance at your financial institution. Introduction Corporate Transparency Act guidance FinCrime professionals have been on high alert for new regulations since the Anti-Money Laundering Act of 2020 (AMLA) was signed into law, but updates have been slow to arrive.

Fraud 195

Fraud Training Regulation Compliance 195

CFPB Monitor

FEBRUARY 17, 2021

He stated that “senior leadership of these companies can expect to hear from me.” companies regulated by the CFPB appear to take consumer issues reported to the Bureau seriously, and if any are slow to respond, it would be a small fraction of only 3% of CFPB-regulated entities. Based on that statistic, U.S.

Regulation 78

Regulation Study Community Leadership 78

PYMNTS

FEBRUARY 11, 2019

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. There seem to be no easy answers on just how to regulate the space. trillion.

Fintech 195

Fintech Lending Regulation Survey 195

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

JUNE 2, 2021

The guidance emphasizes a risk-focused approach to examinations and refocuses the regulators to scope each exam according to the unique financial institution, not to use a one-size-fits-all approach. Data validation. If your model validation is not recent, have you completed internal periodic data validations? 6 Critical Areas.

How To 195

How To Training Compliance Policies 195

PYMNTS

SEPTEMBER 10, 2018

state regulators eye tech regulation, Alibaba readies for a leadership change and convenience stores rethink loyalty. US State AGs Mull Tech Regulation. Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive.

Payments 100

Payments Leadership Regulation Resources 100

CFPB Monitor

MAY 27, 2021

The CFPB has filed its fifth status report with the California federal district court as required by the Stipulated Settlement Agreement (Agreement) in the lawsuit filed against the Bureau in May 2019 alleging wrongful delay in adopting regulations to implement Section 1071 of the Dodd-Frank Act.

Report 78

Report Leadership Conference Regulation 78

Abrigo

MAY 20, 2022

It should encourage institutions to perform data integrity reviews annually and consider a full third-party model validation bi-annually or anytime there has been a significant change in an institution’s model. Evaluating Leadership. What regulators look for in top-down guidance. BSA Rules and Regulation. Watch Webinar.

Risk Management 195

Risk Management Management FDIC Meeting 195

Chris Skinner

MAY 9, 2017

Here’s what they have to say: ABSTRACT European political leadership has set a world class example with recent consumer-focused legislative actions, such as PSD2 and the General Data Protection Regulation. This issue goes further than that. We are now at a crucial moment in the finalisation of the technical standards of PSD2.

Fintech 303

Fintech Innovation Leadership Payments 303

PYMNTS

DECEMBER 16, 2019

Peer-to-peer (P2P) lending platforms have shuttered in China’s Hebei province as regulators aim to get rid of deception and inefficiency in the sector, South China Morning Post (SCMP) reported on Friday (Dec. By the end of October , Shanghai regulators ordered more than 40 P2P lenders to get ready to close.

Leadership 131

Leadership Regulation Regional Lending 131

Independent Banker

AUGUST 31, 2022

Our senior leadership team took that to heart, and it stuck with us, creating an environment in which compliance plays a significant role in everything from our strategic direction to our daily operations. Data/Third-Party Management/Cyber. Regulators win when a bank’s exam is simple and straightforward when compliance is a priority.

Compliance 177

Compliance Community Leadership Industry 177

PYMNTS

APRIL 21, 2020

Called the Oxford Cyber Future Program , the six-week class will cover artificial intelligence, cybersecurity, threat analytics, data privacy and digital ethics, a press release states. The class, he said, was a way of ensuring that this was done with a measure of public trust.

Course 246

Course Online Leadership Analytics 246

PYMNTS

DECEMBER 2, 2019

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. according to the latest figures from the IRS, which monitors and regulates such organizations. Recent data shows these groups are less likely than other U.S.

Management 141

Management Taxes Groups Regulation 141

Gonzobanker

FEBRUARY 29, 2024

While growth and scale are helpful, bank leaders need to dive deeper into enterprise performance data to uncover the smart efficiency opportunities. It’s very hard for regulated banks and credit unions to gain any meaningful efficiencies under $1 billion in assets. So, let’s do a quick thought experiment, Gonzobankers.

Tools 152

Tools Analytics Data System 152

PYMNTS

SEPTEMBER 17, 2019

businesses that rely on sensitive technology, infrastructure and data. Today’s proposed regulations will provide clarity and certainty to investors regarding CFIUS’s enhanced authorities to address national security risks that arise from certain foreign investments,” Treasury Secretary Steven T. “The 13, 2020.

United States 108

United States National Washington Leadership 108

PYMNTS

MARCH 13, 2019

Senate hearing, further proof that issues related to online security and privacy are increasingly a topic that has the attention of lawmakers and regulators, and not just in the U.S. But she was asked fresh questions about the CFPB’s data collection and privacy policies. The hearing, before the U.S. Privacy Questions.

Idaho 128

Idaho Louisiana Leadership Security 128

Abrigo

MARCH 4, 2022

While many of the same end-user awareness concepts around data handling and phishing still apply to the current threat environment, it’s still a good idea for financial institutions to proactively communicate to their employees the steps they are taking to counter Russian threat actors and advise personnel to be extra vigilant. Learn More.

Exercises 195

Exercises Leadership Fraud Resources 195

PYMNTS

NOVEMBER 12, 2020

There’s a difference, one that transcends simply rendering documents into data files. The pandemic provided us greater opportunity to work with regulators to create digital solutions,” said Kanthadai. “We What’s Next.

Innovation 295

Innovation Regional Data Payments 295

Abrigo

AUGUST 27, 2021

billion). Breaking down the data by categories of crime show an interesting distribution of the victim totals. Type of Crime Number of Victims per Crime Phishing/Vishing/Smishing/Pharming 241,342 Non-Payment/Non-Delivery 108,869 Extortion 76,741 Personal Data Breach 45,330 Identity Theft 43,330 . BSA Training.

Fraud 195

Fraud Training Regulation Video 195

PYMNTS

OCTOBER 22, 2019

23) He spoke about the company’s intentions with Libra, and sought to assuage the concerns of regulators and legislators around the world that the currency could be used for illicit purposes, or replace sovereign currency. Some have suggested that we intend to circumvent regulators and regulations. regulatory concerns are met.

Tools 107

Tools Regulation United States System 107

Abrigo

JUNE 23, 2020

It is a central location where you can go to ask industry questions, get product-specific answers, watch thought leadership webinars , and more. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. When you join the Abrigo family, you’re more than just an account number. We’re here for you.

Software 195

Software Community Fraud Resources 195

CFPB Monitor

FEBRUARY 25, 2021

The CFPB has filed its fourth status report with the California federal district court as required by the Stipulated Settlement Agreement in the lawsuit filed against the Bureau in May 2019 alleging wrongful delay in adopting regulations to implement Section 1071 of the Dodd-Frank Act.

Report 78

Report Leadership Conference Policies 78

PYMNTS

SEPTEMBER 23, 2020

Key to achieving this goal is data integration, yet in markets where open banking frameworks aren't as advanced as jurisdictions like the U.K., FinTechs have had to take on a leadership role to embracing an imbedded payments experience. It's the traditional banks, he said, that have to get on board with an open banking reality.

Fintech 315

Fintech UX Cards Payments 315

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time.

Tools 114

Tools Leadership Handbook Security 114

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

CFPB Monitor

APRIL 1, 2020

Question topics include short-term, small dollar credit, use of alternative data, and the disparate impact theory. Consumer data. The questions explore current and future-looking topics regarding the protection and use of consumer data. Regulations. The questions focus on the regulations that the CFPB writes and enforces.

Regulation 78

Regulation Leadership Data Cards 78

PYMNTS

APRIL 29, 2019

To those who understand the importance of cybersecurity, and the monumental risks that growing cyberthreats impose on organizations, safeguarding systems and data may be assumed to go hand in hand with digital transformation. The doors he referred to are the symbolic openings through which data can leak and be exposed.

How To 185

How To Data System Software 185

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

US 168

US Regulation Groups System 168