PYMNTS

JUNE 10, 2016

“What we’re seeing is that [FIs] are putting in place a more rigorous process to make sure suppliers that are onboarded also have very strict and rigorous risk management protocols in place,” Cotter said. Whereas, for a lot of FIs, risk management has definitely become a board-level issue.”

Management 100

Management Risk Management Software Analytics 100

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. How do you manage security and risk? The emergence of FinTech operators has definitely thrown a fair amount of challenge to players like us.

How To 136

How To Risk Management Technology US 136

PYMNTS

SEPTEMBER 11, 2017

The data exposed included driver’s license and Social Security numbers. . B ut once the secrets are public knowledge, you clearly cannot trust that information anymore — by definition, it is no longer a secret.” . No one, of course, can get a new Social Security number or date of birth.

Fraud 136

Fraud Data Course Security 136

Fintech Labs Insights

FEBRUARY 16, 2016

Ever since Microsoft made its vast fortune off the back of MS-DOS, becoming the “ operating system for _ ” has been a software nirvana. And look what happens when you substitute financial terms for computer terms in the OS definition. ” Financial Operating System. ” Financial Operating System.

Operations 12

Operations System United States Software 12

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. Factoring is a tough product and hard to manage entirely online,” he noted.

Lending 124

Lending Tools Management Risk Management 124

FICO

MAY 18, 2020

For operations, the IFRS 9 accounting standard represents a once-in-a-generation change for collections. In the first-party space, there continues to be a focus on the customer and customer service, as well as increased interest from the offices of the CFO and CRO as to how risk and operations are minimising unnecessary impairments.

Regulation 52

Regulation Operations Management Data 52

FICO

MAY 22, 2017

That said, in reading the text of the order, I was struck by the broad alignment of its goals and directives with the goals, use cases, and specific capabilities that we’ve enabled with the FICO Enterprise Security Score (ESS). The order is relatively short, with three operational sections.

Security 45

Security Cyber Security Guidelines Tools 45

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. Factoring is a tough product and hard to manage entirely online.”

Lending 100

Lending Tools Management Risk Management 100

Abrigo

MAY 8, 2024

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 195

Examples Fraud Resources Risk Management 195

CFPB Monitor

APRIL 28, 2022

Contrast this with the final rule issued by the Federal Reserve, FDIC, and OCC last November, which requires covered banking organizations to report within 36 hours after determining the occurrence of certain significant computer-security incidents. Who Reports. Reporting Timeline. Status/Effective Date.

Report 147

Report FDIC Regulation Security 147

Lex Sokolin

DECEMBER 25, 2019

Other things like Compound are essentially a securities lending marketplace?—?you Having interest rates native to the crypto economy is very helpful, but we are still shy of lending based on actual underwriting and off-chain risk. operated, or maybe audited and controlled, by the US government. That is to say?—?governments

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

NOVEMBER 2, 2017

“And when you go onto the web, you face purely technical risks, when you have to be sure your systems are protected and secure, and you have the proper checks and balances in order to see and move money.”. Risk, of course, is a broad term, and Davey added that there are additional risks like financial, liquidity, operational and more.

Innovation 100

Innovation Risk Management Security System 100

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Credit Risk Management. CRE Lending.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 22, 2014

and Operations center in a building they recently purchased as they look to double in size over the next five years: Cornerstone: Do you think you should build out your I.T. EVP: I definitely think we should build here as long as we can be assured that we can get the talent that we need long term. Risk Management. ???

Los Angeles 101

Los Angeles Apple Risk Management California 101

FICO

JANUARY 19, 2022

Trade-based money laundering (TBML) is a growing risk, as seemingly legitimate transactions are exploited by criminal groups to launder funds and finance terrorist activity. In its simplest definition, trade-based money laundering is the process of disguising the proceeds of crime and moving value (i.e.,

Fraud 52

Fraud Cards Report Analytics 52