PYMNTS

MAY 22, 2020

For Varengold, the offering means connecting FinTechs to debt to refinance their loan portfolios and scale up, as well as white-labeled payments tools. Wirecard, meanwhile, will offer its Banking-as-a-Service offerings, which include prepaid card issuing, loan services, digital banking tools and more.

Fintech 261

Fintech Lending Tools Risk Management 261

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. Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

NOVEMBER 20, 2019

billion transactions annually offering payment processing, risk management, digital banking and more. The company recently announced it will invest $100 million over the next few years to focus on developing additional tools and solutions using cloud technology, machine learning and artificial intelligence (AI).

Cards 117

Cards Risk Management Study Payments 117

Abrigo

FEBRUARY 8, 2024

As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely. At the same time, it is important not to deter clients from using digital banking methods for daily transactions.

Fraud 195

Fraud Resources social media Software 195

Gonzobanker

FEBRUARY 23, 2022

To do this, banks can leverage their competencies in payments, lending, operations, and risk management while using the earnings generated from BaaS to transform their core business. The winners in BaaS will be outstanding risk managers – not risk eliminators.

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

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

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

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. 2: Talent Shortage.

Resources 139

Resources Leadership Technology Management 139

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. Payments processor Stripe acquired Okay , an analytics software tool to manage engineering teams’ productivity. No record heat in deal activity, but warmth remains.

Fintech 103

Fintech Software Illinois Lending 103

Gonzobanker

JULY 6, 2021

So once again, integration models and tools are important. In What’s Going On In Banking, Ron Shevlin, Cornerstone’s research director and author of the report, observed: “Banks will find out that if they don’t replace their core systems, there may be no digital ‘transformation.’”. Transformation Strategy.

Strategy 156

Strategy System Risk Management Technology 156

South State Correspondent

OCTOBER 26, 2023

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC.

Conference 221

Conference Las Vegas Fraud Case Study 221

Gonzobanker

DECEMBER 14, 2023

A lover of picking bank stocks and playing piano who served our country in the U.S. which provides digital banking videos and user guides to help FIs increase their customers/members’ digital adoption. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JULY 16, 2018

Citizens Rolls Out Digital Bank. Citizens Financial Group officially announced the launch of its nationwide, direct-to-consumer digital bank earlier this week: Citizens Access. Apart from an account — the app reportedly offers users savings tools to help educate them on ways to save.

Cards 100

Cards Data Digital Banking Retail 100

PYMNTS

MAY 4, 2018

Dubbed IronDome, the solution lets companies share data on cyber threats in real-time, and currently has five energy suppliers using the tool. ’s Intelligence Fusion, also known as IF, also operates in the risk management space. SMB Banking. Intelligence Fusion.

Capital 100

Capital Maryland National Security 100

PYMNTS

OCTOBER 28, 2020

The application suite for smaller FIs includes a catalog of regulator-accepted AML scenarios, tools for custom scenario design and analysis, a 360-degree view of customers and events, regulatory reporting templates and more. The security package is scaled to meet the unique requirements and price points of smaller and mid-size FIs.

Compliance 154

Compliance Security Management Analysis 154

Bobsguide

AUGUST 7, 2022

Finastra Kondor supports open integration across all treasury trading instruments, third-party and proprietary analytics tools. It enables banks to trade high volumes of treasury and complex derivatives and options through an open platform which, via open APIs and datasets, unlocks the power of collaboration and innovation.

Operations 68

Operations Strategy Innovation Policies 68

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. Process: Institute Effective Change Management. Some of these processes may have existed for decades.

Operations 138

Operations Innovation Management Risk Management 138

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

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

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. We're here to help you – so be sure to check out our resources and tools to learn more.

ATM 78

ATM Policies US Management 78

Gonzobanker

DECEMBER 20, 2019

The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos). The digital banking provider helped implement digital competitiveness against big banks that Partners sought. Might be time to.

Idaho 148

Idaho Conference Data Marketing 148

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

PYMNTS

SEPTEMBER 27, 2019

Business expense management company Teampay revealed in a press release a $12 million fundraise led by Tribe Capital, the company said this week. with a focus on digital transformation services and analytics tools for corporate customers and their finance teams. Engage:BDR.

Payments 149

Payments Capital Taxes Lending 149

FICO

MARCH 30, 2023

This is simply the natural evolution as people rely more and more on digital banking using their device of choice. We still need to increase our vigilance, because while some scams might be difficult to spot now, just wait until fraudsters start using generative AI tools (e.g. But that’s a topic for a future blog.

Fraud 52

Fraud ATM South Carolina Management 52

Independent Banker

AUGUST 26, 2015

While many community banks are adept at budgeting for anticipated technology initiatives such as the move toward digital banking, they can be reticent to spend extra money when unforeseen projects come up during the year, some consultants say. Over the past two years, Community Trust Bank in Ruston, La.,

Community Bank 70

Community Bank Community Management Maryland 70

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Chime does this already with its SpotMe tool, which allows up to $200 in debit transactions without overdraft fees.

Fintech 143

Fintech Strategy Leadership Lending 143

FICO

JANUARY 24, 2018

Barbican’s Cyber Business Group Leader, Graeme King, explained, “Risk and IT can be disconnected in respect of to cyber insurance. There can sometimes be miscommunication between the IT function, which controls the items introducing risks, and the risk management group, which buys insurance cover to protect against these risks.

Conference 55

Conference Customer Experience Maine Exercises 55

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. Since January 2019, Citi has announced partnerships with capital markets tech companies Capitolis and Kantox and treasury risk management software Kyriba.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

JUNE 17, 2020

That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor. He said banks pay a lot of attention to financial risk, spanning liquidity risk, credit risk and overall exposure to different markets. Looking Ahead.

Compliance 188

Compliance Regulation Risk Management System 188

Fintech Labs Insights

JANUARY 18, 2016

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. App Annie garnered $63 million for its mobile analytics and development tools. million to its digital banking platform. Startup digital bank. Derivative risk management.

Company 12

Company New York City Fintech San Francisco 12

Gonzobanker

DECEMBER 22, 2015

Goes to “Virtual” or “Direct” banks. Let’s see if better technology and delivery tools get the idea farther down the road this time. Community bank marketing resources. One internal memo acknowledges the weaknesses in the bureau’s methodology and admits to the litigation risks in its case against Ally. They’re baaaack.

Community Bank 60

Community Bank Apple Community Technology 60

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

Gonzobanker

DECEMBER 19, 2016

However, we’ve gone from spotty Siri performance and playing with Amazon Alexa with our stereo system to Bank of America predicting its chatbot, Erica, will become customers’ new financial advisor. Most Important Tech Challenge of 2017 – The urgent need to meld digital banking with digital marketing.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

However, we’ve gone from spotty Siri performance and playing with Amazon Alexa with our stereo system to Bank of America predicting its chatbot, Erica, will become customers’ new financial advisor. Most Important Tech Challenge of 2017 – The urgent need to meld digital banking with digital marketing.

Utah 60

Utah System Community Marketing 60

PYMNTS

JUNE 21, 2019

As Bajaj said, these tech-savvy upstarts have relatively less experience in navigating regulatory requirements at the national or even local levels, and they certainly have less experience in risk management. Bringing AI Into The Picture.

Customer Experience 108

Customer Experience Data Mobile Risk Management 108

PYMNTS

MAY 5, 2017

The compromised Sabre system reports offering seamless connectivity to over 120 property management, 7 revenue management, 7 CRM and 18 content management solutions according to the company’s website. Jeff Hill, Director of Product Management at third-party risk management solutions provider Prevalent, Inc.

Cards 113

Cards Fraud Security Retail 113

FICO

JANUARY 11, 2021

Meanwhile, the bank can deploy purpose-built artificial intelligence and machine learning solutions to match the customer’s selfie to their document, perform liveness detection to prove they are there in person, and execute data comparison and hologram detection to verify that the identity document is real and untampered with.

Fraud 52

Fraud Customer Experience Survey Mobile 52