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. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

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

AUGUST 26, 2015

Paperless document-signing technology is growing among banks and consumers. But with the emergence of electronic signature technology, we’ve had to rethink some of assumptions. However, the adoption of electronic signature technology hasn’t been an easy undertaking. By Mark Pfeifer.

Community Bank 70

Community Bank Minneapolis Community Online 70

FICO

DECEMBER 10, 2020

In 2021 I believe AI will cross the chasm, becoming a reliable and safe, mainstream business technology — but maybe not how, or for reasons why, you might expect. As for the last point, domain-specific machine learning microservices provide instant access to machine learning technology that is pre-built for a specific problem.

Analytics 98

Analytics Fraud Data Software 98

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. Or hacked snacks. .

Fraud 136

Fraud Data Course Security 136

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Accounting and expense management. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. Click on the image to enlarge. Company subcategories.

Fintech 93

Fintech Marketing US Technology 93

Insights on Business

JUNE 28, 2018

Some of the biggest applications of AI today in banking and finance are in front-end customer service like chatbots or virtual agents, or in the securities sector by identifying credit card fraud and helping to detect money laundering/creating digital trust, and lastly in the simple task of automating redundant processes.

Compliance 70

Compliance Case Study Analysis Analytics 70

FICO

JULY 30, 2019

Data sharing for these purposes should be non-competitive: fraud is everybody’s problem, but still relies on a common definition of what data to share, where to securely host the data, how regularly it should be updated and what mechanisms are available to access the consortium data. Is it the fraud team?

Fraud 52

Fraud How To Analytics Analysis 52

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 221

Examples Fraud Resources Risk Management 221

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. Megatrend #2 – Secure and Compliant is a Non-Negotiable. Alipay, China’s “Global Lifestyle Super App,” is definitely on Cornerstone’s radar.

Payments 60

Payments Las Vegas Risk Management Cyber Security 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. Architecturally, FICO converges the functionality of fraud and compliance systems, catalyzing the replacement of back-office “backplane” technology.

Fraud 52

Fraud Compliance Management Software 52

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. Who They Serve.

Lending 124

Lending Tools Management Risk Management 124

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. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 100

Lending Tools Management Risk Management 100

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

“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

PYMNTS

MAY 19, 2017

In the complex payments space, it’s often innovate-or-die, especially when it comes to cross-border payments methods and payments technologies. BS: At the core of our existence, WEX is focused on building solutions that lie at the intersection of payments, data and technology. We are always focused on managing security and fraud risk.

Innovation 123

Innovation Payments Technology Security 123

PYMNTS

JANUARY 12, 2017

Even with the best technologies, banks are still risk-averse by nature.”. As for faster payments, banks first want to fully understand the risk they are taking with a particular merchant before they invest in extending new offerings, McShirley said. I’m definitely not for the status quo,” said McShirley.

Payments 100

Payments Risk Management Community Bank Community 100

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. So, he said, “there are government-level initiatives in trying to define various levels of categories, of attributes” for different concepts of risk.

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

Biometrics have become a favourite security choice – 36% have a strong preference to use them to secure their financial accounts and another 40% like them. 78% rate fingerprint security as either good or excellent. First-party fraud is a real risk (particularly given the stresses of the cost-of-living increases).

Fraud 52

Fraud Survey Customer Experience Data 52

Gonzobanker

DECEMBER 22, 2015

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Let’s see if better technology and delivery tools get the idea farther down the road this time. FFIEC’s Cyber Security Self-Assessment Tool. Vendor management. “I They’re baaaack.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 22, 2014

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. THE TECHNOLOGY AWARDS. The Unsung Hero Award – To the security analysts and officers who actually discovered and escalated the breaches at Target, Home Depot and other institutions that have been hacked.

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