PYMNTS

OCTOBER 23, 2020

"You have to know who your suppliers are and what risk they're posing," said Todd Boehler , vice president of product strategy at ProcessUnity. That process of gathering data and having your expert personnel evaluate it to determine that risk is definitely the biggest challenge.". Diversifying The Vendor Base.

Management 144

Management Strategy Data Risk Management 144

FICO

MAY 18, 2020

Just as organisations were getting to grips with IFRS 9 and its implications, the impact of COVID-19 has created the “perfect storm” for collections as regulators, organisations and customers scramble to understand the economic and financial impact of this pandemic. Regulator Help and Expectations. This is a unique time.

Regulation 52

Regulation Operations Management Data 52

Independent Banker

AUGUST 26, 2015

Federal, state and even local regulators, all eager to jump on the paperless bandwagon, have adopted their own specifications for paperless signatures, often based on conflicting definitions. Finding the balance between ease of use, security and audit ability is critical.

Community Bank 70

Community Bank Minneapolis Community Online 70

FICO

DECEMBER 10, 2020

By definition, analytic microservices offer succinct functionality, with well-defined application programming interfaces (APIs) for easy integration into enterprise applications, an execution engine and, of course: A strongly enforced API. Prediction #4: “Security by Design” Will Help Fend Off AI Attacks.

Analytics 98

Analytics Fraud Data Software 98

Abrigo

MAY 8, 2024

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 195

Examples Fraud Resources Risk Management 195

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? I've been in this business over 20 years and still don't know the definition of community banking. First National divested the unit because it didn't fit their definition of "community banking".

Community Bank 60

Community Bank Community Baltimore Lending 60

FICO

DECEMBER 15, 2020

One of the basic concepts of fraud protection is to determine what’s normal, what’s not, and how consumer behaviors are changing both of those definitions. million of these companies misconfigured their newly deployed remote access services upon launching them, creating significant security vulnerabilities!

Fraud 52

Fraud Compliance Management Software 52

CFPB Monitor

APRIL 28, 2022

As the number and frequency of cyber attacks continue to grow, regulators have attempted to enhance cybersecurity protections via increased and more rigid incident reporting obligations, leading to a constantly shifting regulatory patchwork of varying disclosure and timing obligations. 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. What form does that risk take when looking at decentralized software? Who is your counterparty?

blockchain 52

blockchain Bitcoin Software Lending 52

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” OutsideIQ ( F16 ) enables FIs to uncover regulatory risk using a combination of machine learning and human analysis.

blockchain 12

blockchain Trends Fintech social media 12

PYMNTS

NOVEMBER 2, 2017

Davey described this as a “perfect storm” of factors, including government regulations, cybersecurity risks and other forces at play. “In Risk, of course, is a broad term, and Davey added that there are additional risks like financial, liquidity, operational and more. One is SWIFT’s gpi ,” he said. “It

Innovation 100

Innovation Risk Management Security System 100

Abrigo

SEPTEMBER 14, 2022

In 2011, the CFPB interpreted Section 1071 to mean that obligations for financial institutions to collect, maintain, and submit data “do not arise until the [CFPB] issues implementing regulations and those regulations take effect.” Those implementing regulations were coming. Credit Risk Management. CECL Regulation.

Lending 195

Lending Data Regulation Community 195

PYMNTS

JANUARY 27, 2017

In your wallet is a driver’s license and possibly a Social Security card. All told, bits of paper and plastic that help definitively state that you are who you say you are. government and firms that are being regulated. It’s the universality,” said Madhu, who noted that Social Security numbers are limited as populations grow.

blockchain 100

blockchain Security Guidelines Fraud 100

PYMNTS

MARCH 5, 2018

Amid the risk mitigation challenges faced by internationally trading businesses, B2B payments are accelerating, which has also shifted risk exposures. Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles.

Payments 105

Payments Strategy Fraud Survey 105

FICO

NOVEMBER 1, 2022

Make fraud controls and identity checks too difficult and customers get frustrated and take their business elsewhere, but loosen them a little too much and losses to fraud increase, or you fall foul of KYC regulation. 78% rate fingerprint security as either good or excellent. Fernando Lopez.

Fraud 52

Fraud Survey Customer Experience Data 52

Gonzobanker

DECEMBER 22, 2015

Regulator Award. The all-powerful banking regulator claimed that car dealers discriminated against minority borrowers—by guessing the race of borrowers based on last names and addresses in loan files, and claimed racism if the people they guessed were minorities seemed to be paying higher rates. And definitely include a meme.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MARCH 12, 2019

And the staffing shuffle, we think, that may be a bit of a wild card, and where speculation may loom that Sloan’s own perch may be less than secure.

Washington 115

Washington Risk Management Lending Report 115