Remove Definition Remove Innovation Remove Regulation Remove Risk Management
article thumbnail

Risk management in the cloud: A strategic imperative

Insights on Business

Cybersecurity risk is at or near the top of every list of concerns for these institutions. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. Three pillars of cyber risk management on the cloud. Implementing an effective, end-to-end cyber risk framework.

article thumbnail

AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. Another reason for reluctance about generative AI is the highly regulated nature of banking.

Examples 221
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

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. Managing liquidity and credit risk are definitely of main concern to FIs. Staying Updated.

Fintech 141
article thumbnail

Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. Stories of improper conduct, and new regulations on data protection and privacy such as GDPR, continued to dominate the business headlines, moving from water-cooler conversation to “what about us?”

article thumbnail

Trimble’s TruckMate Kicks Accounts Receivable Into High Gear

PYMNTS

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. As Lopez explained, recent regulatory changes have shifted the responsibility of chassis management from steamship lines to chassis pool companies. “There’s definitely a market out there. “That’s a huge trend.”

Industry 158
article thumbnail

What’s new in IBM GRC and OpenPages v8.0?

Insights on Business

The reexamining of GRC has resulted in the evolving the definition to one that is more comprehensive and inclusive in its scope. Today, GRC is discussed as aspiring towards a connected system linking the identification, classification, and management of risk across all lines of defense (LOD). Mission-control task management.

article thumbnail

Utah’s new regulatory sandbox

CFPB Monitor

Regulatory sandboxes are laboratories for the development of innovative technologies in an environment that is free from onerous government restrictions. Notably, Utah’s definition expressly includes blockchain technology. The sponsor of Utah’s legislation, Rep.

Utah 60