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. Layered security controls. Multi-factor authentication as part of layered security. Monitoring, activity logging, and reporting processes and controls.

Risk Management 78

Risk Management Examples Security System 78

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 138

Resources Leadership Technology Management 138

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. for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

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

PYMNTS

NOVEMBER 20, 2019

PSCU’s second annual Eye on Payments study shows that 25 percent of respondents use a contactless card a few times per month, citing convenience, security, ease and speed. As more merchants turn on near-field communication (NFC) technology and begin accepting contactless payments, it’s anticipated that more consumers will participate.

Cards 117

Cards Risk Management Study Payments 117

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

Celent Banking

OCTOBER 12, 2016

Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

Risk Management 100

Risk Management Operations Management Security 100

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. Evaluation of Risk.

Cyber Security 63

Cyber Security Security Risk Management Training 63

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 194

Fintech Community Regional Technology 194

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

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

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

PYMNTS

MAY 4, 2018

The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. 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.

Capital 100

Capital Maryland National Security 100

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

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

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

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

Gonzobanker

AUGUST 6, 2014

With content at the center of the picture, let’s use a common banking activity as an example to bring these four topics to life. Every bank is expected to handle dormant accounts with an extra level of security. To prevent this, banks have devised complex and manual processes. Time for a digital tune-up?

Risk Management 96

Risk Management eBook Management Technology 96

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. 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.

Payments 149

Payments Capital Taxes Lending 149

Gonzobanker

DECEMBER 22, 2020

By meeting the deposit and banking needs of customers and members minus branch systems that were shuttered in a two-week period. During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. Drum roll please….

Idaho 170

Idaho Community Industry Strategy 170

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. Digital banking and financial infrastructure. Navigating the Canadian fintech market map. All companies on this market map are fintech companies.

Fintech 93

Fintech Marketing US Technology 93

FICO

JANUARY 24, 2018

At Advisen, our team was again on hand to showcase the FICO® Enterprise Security Score (ESS), and what a difference a year makes! In 2016, FICO was still a relatively new player in the cyber and enterprise security space. FICO ESS is a powerful risk mitigation tool. Barbican has partnered with FICO to assist in the effort.”

Conference 55

Conference Customer Experience Maine Exercises 55

Insights on Business

OCTOBER 11, 2018

This movement — core to cloud — is essential for banks seeking to modernize their legacy systems and become agile and flexible. This is especially true if they’re going to compete with new digital banks and platform companies that are unhindered by the legacy applications and infrastructure.

Meeting 111

Meeting Customer Experience System Guidelines 111

Gonzobanker

AUGUST 14, 2019

AWS publishes extensive documentation and guidelines outlining how its cloud customers must secure their data. In the case of Capital One, it mismanaged its firewall, comprising its bank security. For financial institutions, it calls into question the security of cloud computing. What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

NCR

JANUARY 24, 2017

Artificial intelligence (AI) and machine learning are already making a significant contribution to the banking industry, and will only become more important in the coming years. One institution that recently took a big step towards more widespread application of AI is Royal Bank of Canada (RBC).

Fraud 40

Fraud Risk Management Innovation Analytics 40

NCR

JANUARY 24, 2017

Artificial intelligence (AI) and machine learning are already making a significant contribution to the banking industry, and will only become more important in the coming years. One institution that recently took a big step towards more widespread application of AI is Royal Bank of Canada (RBC).

Fraud 40

Fraud Risk Management Analytics Innovation 40

PYMNTS

APRIL 12, 2018

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on Wednesday (April 11). Banks, meanwhile, appear to be trying to meet higher demand for their corporate clients, the report noted.

Digital Banking 108

Digital Banking Software Survey Risk Management 108

Jeff For Banks

MARCH 14, 2020

We have implemented employee travel restrictions, provided associates with tools and technology and have encouraged them to work from home, conducted a deep cleaning of all Genworth facilities and revised our time off and FMLA policy. Our digital banking tools are designed to be easy to use.

ATM 78

ATM Policies US Management 78

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. Digital banking is the new core.” MalauzaiMonkeys. ID_Analytics.

Samsung 69

Samsung Mobile User Experience Google 69

William Mills

MAY 9, 2018

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

MAY 21, 2020

Built on the bank-FinTech collaborative model, startup Treasury Prime recently announced a $9 million Series A funding round for its API technology. At the same time, Treasury Prime is a technology company that enables banks to more easily collaborate with other FinTechs, again via API integrations that promote seamless communications.

Fintech 173

Fintech Compliance Risk Management Lending 173

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

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. The most valuable of these freshly minted unicorns are blockchain startup Ripple ($10B valuation) and challenger banks Chime ($5.8B) and N26 ($3.5B).

Fintech 80

Fintech US Lending Cards 80

Gonzobanker

DECEMBER 22, 2015

Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Jill Castilla, CEO of Citizens Bank of Edmond, Okla. Goes to “Virtual” or “Direct” banks.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

SEPTEMBER 21, 2015

The total included one new alum, Praesidio , which will be presenting its security and fraud control integrations at next month’s FinDEVr. Also, long-time alum, Alkami Technology picked up $11 million Friday to further their e-banking solutions business. Alkami Technology. Digital banking solutions.

New York City 12

New York City San Francisco Company Fintech 12

Fintech Labs Insights

JANUARY 18, 2016

million to its digital banking platform. Startup digital bank. Derivative risk management. Blockchain technology for securities. Mobile banking app developer for financial institutions. Charity Bank. Digital bank serving non-profits. RealtyMogul took in another $18.4

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

MAY 19, 2016

Digital banking company. Payment security technology. Pariti Technologies. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. HQ: Oakland, California. Source: Crunchbase. Latest round: $56 million Debt (from Goldman Sachs). Total raised: $154.3 million ($98.3 Latest round: $25.5

San Francisco 18

San Francisco Company Fintech California 18