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

PYMNTS

OCTOBER 7, 2020

To smooth cash flow headwinds, small- to medium-sized businesses ( SMBs ) can benefit from access to financing through digital -only channels. To that end, Banking-as-a-Service (BaaS) company RootAnt , based in Singapore , is aiming to strengthen enterprises and ecosystems through open banking technologies.

Risk Management 238

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PYMNTS

AUGUST 16, 2018

Banks of all sizes are now looking to reduce the risks they face when doing business, increasingly turning to new and emerging technologies like artificial intelligence (AI) and machine learning (ML) to reduce risk and combat fraudsters. That probably isn’t going to happen anytime soon, or ever.”. contact-form-7]. .

Digital Banking 101

Digital Banking Fraud Data Tools 101

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! Be fascinated by your customers, not your technology. Banking doesn’t have to be boring!

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. 2: Talent Shortage.

Resources 139

Resources Leadership Technology Management 139

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors.

Fintech 195

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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

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Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. As the gold rush period shakes out, Cornerstone predicts only one in five banks will have a strong enough I.T.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

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

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

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. Credit application verification provider Informed.IQ

Fintech 103

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PYMNTS

DECEMBER 17, 2019

Banco Original Director of Technology Raul Moreira said, according to the report, “Few have a convincing reply to the question of how they’re going to make the business profitable.”. The rise in payment accounts from nonbanks challenges online banks to learn risk management from the beginning.

Risk Management 132

Risk Management Online Groups Digital Banking 132

PYMNTS

JUNE 27, 2018

Industries of all shapes and sizes are looking to use the insights and capabilities offered by the emerging and evolving technology, and it’s now making an impact in the financial services space, too. That’s for good reason, too, according to Chris Ward, executive vice president and head of product management for PNC Treasury Management.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

PYMNTS

OCTOBER 5, 2020

billion) to acquire Ingenico Group , the Paris-based technology provider of secure electronic transactions to create a FinTech dynamo. 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

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

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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

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CFPB Monitor

APRIL 25, 2022

The OCC’s actions send a clear message that regulated entities offering emerging technology financial services must adhere to the same BSA/AML monitoring and reporting requirements as more traditionally regulated entities. In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter.

Compliance 78

Compliance Digital Banking Training South Dakota 78

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

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. It is only by investing in technology that we can identify and fight the financial crimes of the future [to] remain competitive.

Compliance 123

Compliance Fraud Study Digital Banking 123

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. It also requires both top-down and bottom-up commitment as the institution will be breaking down departmental siloes and developing new ways of managing risk.

Strategy 156

Strategy System Risk Management Technology 156

PYMNTS

DECEMBER 12, 2019

To leapfrog slow legacy systems and overloaded information technology (IT) departments, financial institutions (FIs) and FinTechs are innovating with application programming interfaces (APIs) that move B2B funds faster. For one thing, APIs automate and organize the pulling of information from different databases into manageable dashboards.

Risk Management 132

Risk Management Fintech Payments Course 132

Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. These include driving growth, reducing costs and managing financial risks in a volatile business environment.

Operations 138

Operations Innovation Management Risk Management 138

Bobsguide

AUGUST 7, 2022

The solution, integrated with the apps CloudMargin and eflow via Finastra’s FusionFabric.cloud platform, will provide the bank with a modern, scalable and cost-efficient ownership model as well as access to ongoing upgrades and innovation. EMEA PR Manager. About Luxoft, a DXC Technology Company. T +44 (0)7552 865009.

Operations 68

Operations Strategy Innovation Policies 68

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

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 172

Idaho Community Industry Strategy 172

Celent Banking

APRIL 18, 2016

In addition, the program includes keynote speeches from industry leaders and Celent analysts, plenty of opportunities to network with peers, and even to experience some of the latest technologies first hand, courtesy of our sponsors. Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Digital Banking Transformation.

US 100

US Case Study Risk Management America 100

Gonzobanker

AUGUST 6, 2014

Information Opportunity , AIIM President John Mancini discusses four topics that every digital business must address. And make no mistake about it: we must all become digital businesses. How do we manage the RISK of growing volumes of content? This is the way a digital business will use technology.

Risk Management 96

Risk Management eBook Management Technology 96

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

Celent Banking

SEPTEMBER 3, 2015

I am delighted to announce that we now accept nominations for Model Bank 2016. Most regular readers of our blog will be familiar with the Model Bank programme – it recognizes effective use of technology in banking and is now in its ninth year. This year we accept nominations in seven categories: Omnichannel Banking.

New York 100

New York Risk Management Maine Fraud 100

PYMNTS

MAY 4, 2018

With the funds, the company said it will focus on technology development, new hires and overall expansion as it turns its attention to large corporate customers. The funds will go toward global expansion and continued investment in its PTaaS (penetration testing-as-a-service) platform designed to identify and manage software vulnerabilities.

Capital 100

Capital Maryland National Security 100

American Banker

MARCH 31, 2016

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."

Innovation 28

Innovation Management Fintech Risk Management 28

Bobsguide

FEBRUARY 22, 2022

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

MAY 24, 2018

FinTech linkups continue, where banks and smaller firms are helping their larger, usually traditional financial brethren navigate digital payments and technological challenges. In India, Infosys said that it has formed a blockchain with seven banks, to be known as India Trade Connect. The examples span the globe.

blockchain 100

blockchain Risk Management Taxes Payments 100

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. A company’s primary line of business is implied by its current serviceable addressable market (SAM), management guidance, marketing materials, press releases, clientele, and/or partnership activity.

Fintech 93

Fintech Marketing US Technology 93

FICO

MARCH 30, 2023

This is simply the natural evolution as people rely more and more on digital banking using their device of choice. As more people go cashless, banks and their customers will run into these real-time payment scams even more often. Fortunately, my bank has been increasingly proactive about educating me about scams.

Fraud 52

Fraud ATM South Carolina Management 52

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 100

Innovation Mobile Digital Banking Technology 100