PYMNTS

NOVEMBER 4, 2019

PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov. The company will leverage Lean Industries’ AdjustmentHub and NetworkHub solutions to manage dispute services. “As billion transactions annually.

Industry 101

Industry Management United States Risk Management 101

PYMNTS

JANUARY 13, 2021

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. Jack Ma ’s MYbank is aiming to change the way China lends to small businesses.

Digital Banking 198

Digital Banking Lending Risk Management Capital 198

Independent Banker

JANUARY 31, 2022

A recent report by Cornerstone Advisors found that bankers are either strongly interested in or already working with fintechs in three main areas: digital account opening (71%), mobile wallets (41%) and fraud/risk management (47%). Digital account opening. Fraud and risk management.

Community Bank 159

Community Bank Community Fintech Risk Management 159

The Paypers

DECEMBER 20, 2023

Lenvi , a fintech provider of lending software, servicing, and risk management solutions has partnered with payments specialist Acquired.com offering tailored payment processing and digital banking solutions.

Risk Management 41

Risk Management Payments Lending Software 41

PYMNTS

AUGUST 16, 2018

According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. contact-form-7]. . About The Tracker.

Digital Banking 101

Digital Banking Fraud Data Tools 101

Bobsguide

NOVEMBER 30, 2017

Chris Sparks, Chief Risk Officer at Atom Bank, spoke to bobsguide to discuss nightmare risks, the burgeoning technological revolution in risk management and how a digital challenger bank is approaching PSD2 and GDPR. Chris started out in risk management with a grounding in computational.

Risk Management 88

Risk Management Digital Banking Management Technology 88

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Banks must find ways to be personable in these impersonal channels. Respect the data.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

PYMNTS

OCTOBER 7, 2020

“With the embedded finance model, including financial services like deposits and payments, the digital-only banks are able to be as a role to provide Banking-as-a-Service for non-financial companies, especially those who are the anchor in an ecosystem,” he told PYMNTS. Risk Management.

Risk Management 238

Risk Management blockchain Capital Data 238

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Bobsguide

MAY 8, 2022

This designation recognises GFT for the delivery of effective solutions to help its clients manage critical issues pertaining to the industry, such as risk management, core systems implementations, data management, navigating compliance requirements, and establishing governance models. “It

Compliance 166

Compliance Risk Management Digital Banking System 166

The Paypers

MAY 12, 2023

Core processing, digital banking, and fintech processing solutions developer DCI has partnered with fraud and risk management company DataVisor to help banks fight fraud.

Fraud 36

Fraud Risk Management Digital Banking Fintech 36

Chris Skinner

APRIL 18, 2017

The banker took exception to purely being a store of value, and felt that the risk management aspect of banking was a critical part of their function. I argued that the bank’s risk management function is being eaten by software.

Risk Management 321

Risk Management Analytics Lending Software 321

PYMNTS

NOVEMBER 10, 2020

The startup process for Enhanced Fraud Services was completely seamless, and we began to see the benefits of the service quickly,” said Tim Comeau, manager of payment strategy at the State Department Federal Credit Union in Alexandria, Virginia. Credit unions can pick and choose what kinds of fraud they would like to focus on.

Fraud 151

Fraud Virginia Florida Risk Management 151

PYMNTS

OCTOBER 1, 2020

In Barclays ’ newest bank-FinTech collaboration, Barclays Business Banking will team with asset finance provider Propel to provide vehicle and equipment finance through a digital platform to SMBs. Ebury & Nexi.

Fintech 228

Fintech Data Risk Management Management 228

PYMNTS

MAY 27, 2020

Bad actors may dial into call centers and pretend to be legitimate customers to trick staff into revealing details about the individuals, which could then be used to figure out the victims’ digital banking logins. Deep Dive: Why Banks Must Examine Customer Behaviors Across Channels. Read the full story in the Playbook.

Fraud 245

Fraud How To Analysis Strategy 245

CFPB Monitor

AUGUST 12, 2021

The Guidance is intended to provide financial institutions with examples of effective risk management principles and practices for access and authentication. The Guidance includes an Appendix that lists examples of practices or controls related to access management, authentication, and supporting controls. .

Risk Management 78

Risk Management Examples Security System 78

Gonzobanker

FEBRUARY 23, 2022

As the collision of traditional banking and fintech continues, there will be more competition and more innovative banking solutions due to the increasing number of actors seeking defensible niches and operational scale. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

PYMNTS

NOVEMBER 3, 2020

Credit Benchmark Co-founder Mark Faulkner said in a release that the tie-up with Bloomberg "offers a welcome opportunity to provide much-needed credit transparency in areas such as securities finance, client onboarding and supply chain risk management.". Everlink, FINTAINIUM Team up to Offer Real-Time B2B, B2C Payments.

Arizona 307

Arizona Payments Risk Management Fintech 307

CFPB Monitor

APRIL 25, 2022

As an enforceable condition of approval, the company entered into an operating agreement which sets forth, among other things, capital and liquidity requirements and the OCC’s risk management expectations. In granting this charter, the OCC applied the same rigorous review and standards applied to all charter applications.

Compliance 78

Compliance Digital Banking Training South Dakota 78

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. Those were the days of green screen cores and server-based ancillary applications, and digital banking was a Star Trek thing of the future. Challenges Facing Today’s CIO. 2: Talent Shortage. and a shocking 1.3%

Resources 146

Resources Leadership Technology Management 146

PYMNTS

JULY 27, 2020

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. Davies’ exit comes just four days after the London-based operation announced $80 million in new funding.

United States 140

United States Leadership Risk Management California 140

PYMNTS

DECEMBER 17, 2019

The rise in payment accounts from nonbanks challenges online banks to learn risk management from the beginning. At the Brazil Investment Forum in Sao Paulo, the digital bank said that it has 15 million clients, according to founder and CEO David Vélez.

Risk Management 132

Risk Management Online Groups Digital Banking 132

Abrigo

DECEMBER 17, 2021

Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors. As the saying goes, “the only constant in life is change,” which is certain for the banking industry. Digital Banking Report. Will it make their jobs easier?

Fintech 195

Fintech How To Innovation System 195

PYMNTS

OCTOBER 5, 2020

Under the agreement, Nexi's partner banks will be able to offer their clients the full suite of Ebury services, including international cash management, FX risk management and import/export lending.

Company 151

Company San Francisco Payments Fintech 151

Bobsguide

JUNE 14, 2022

Users will benefit from advanced treasury and risk management capabilities. This includes using methods such as Value at Risk (VAR), Potential Future Exposure, Valuation, and Delta to work out potential losses or exposures. Finastra adds Lozenge Analytics complex calculation capabilities to Fusion KTP for treasury customers.

Analytics 60

Analytics Risk Management Compliance Regional 60

PYMNTS

NOVEMBER 20, 2019

By offering owners contactless cards, “we help our credit unions achieve top-of-wallet status” as tap-to-pay adoption continues to rise, said Jeremiah Lotz, managing vice president of digital experience and payment products at PSCU. billion transactions annually offering payment processing, risk management, digital banking and more.

Cards 117

Cards Risk Management Study Payments 117

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JUNE 27, 2018

That’s for good reason, too, according to Chris Ward, executive vice president and head of product management for PNC Treasury Management. Download this month’s edition of the Digital Banking Tracker, by filling out the form below: [contact-form-7]. . About the Tracker.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

American Banker

JULY 11, 2016

Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.

Risk Management 28

Risk Management Innovation Management Compliance 28

Celent Banking

OCTOBER 12, 2016

This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk. We continue to prove that the approach of the IT department managing cybersecurity is not working.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

JULY 30, 2020

The aim of the overhaul, for which Accenture will be paid $195 million, according to Reuters , will be to increase resilience and access, “offer wider interoperability, improve user functionality and strengthen the end-to-end risk management of the U.K. high-value payment system,” the central bank said in a press statement.

System 159

System Payments Risk Management Innovation 159

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The near-frictionless Know Your Customer (KYC) solution merits a look from banks. Below is a breakdown of all 300 sessions, less the demos and sales pitches.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

MAY 22, 2020

While alternative and digital lending FinTechs can be a more agile option for borrowers, the way these FinTechs manage their own loan portfolios can become a particularly burdensome process that Diehl said threatens to take these companies’ focus away from their goal of enhancing borrower experiences, and toward back-office logistics.

Fintech 261

Fintech Lending Tools Risk Management 261

Gonzobanker

MARCH 22, 2023

Customer Experience – With customers jumpy and nervous, banks cannot afford to allow service lapses or information mistakes that could set off another wave of panic. Digital banking uptime, the speed and accuracy of moving money, and the ability to talk to informed bankers are vital right now.

social media 78

social media Capital Risk Management Strategy 78

William Mills

SEPTEMBER 27, 2019

Over half of the demos were new company or product debuts featuring business intelligence, chatbots, digital banking, employee benefits, financial planning, insurance, lending, payments, risk management, security, wealth management, and more. Here are a few key trends and event highlights stood out to us.

Trends 44

Trends Risk Management Fintech Lending 44