Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report.

Technology 221

Technology Report social media Industry 221

BankInovation

MARCH 10, 2021

Romulus specializes in building software products that automate document-heavy operations in financial services. The New Delhi-based Romulus helps customers extract, structure and analyze internal and third-party documents. Romulus’ technology is pre-trained to understand and contextualize more than 200 […].

Software 64

Software Training Technology Operations 64

Perficient

JULY 11, 2023

Every company needs documents for its processes, information, contracts, proposals, quotes, reports, non-disclosure agreements, service agreements, and for various other purposes. Document creation and management is a crucial part of their operations. What is Industries Document Generation? How to generate documents?

Industry 346

Industry Data Management Meeting 346

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 117

Operations System Groups Technology 117

Abrigo

FEBRUARY 14, 2024

WATCH NOW Takeaway 1 Reduce stress and mitigate financial and compliance impacts Takeaway 2 AML employee succession plans should be “living” documents. You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." Takeaway 3 Make sure to incorporate professional development into the plan.

Training 195

Training Fraud Compliance Regulation 195

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

JULY 1, 2020

In today’s top news, the Senate extended the PPP application deadline by five weeks, and an internal document reveals a small client base brought in over 50 percent of Wirecard’s sales. Plus, Brazil’s antitrust regulator said it will reverse its decision to suspend the WhatsApp-Cielo partnership.

Payments 130

Payments Compliance System Regulation 130

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

Perficient

DECEMBER 14, 2023

For businesses, the benefits of Automated Invoice Processing translate to significant time savings, reduction in processing errors, operational cost savings, and improved employee productivity. It’s part of the ServiceNow Source-to-Pay Operations offering, which encompasses the entire process from sourcing to payment.

Training 221

Training Strategy Exercises Data 221

Perficient

DECEMBER 14, 2023

For businesses, the benefits of Automated Invoice Processing translate to significant time savings, reduction in processing errors, operational cost savings, and improved employee productivity. It’s part of the ServiceNow Source-to-Pay Operations offering, which encompasses the entire process from sourcing to payment.

Training 221

Training Strategy Exercises Data 221

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. Collaboration between stakeholders, developers, testers, and operations. Faster operations – peer-to-peer. Documentation. Visibility – features, releases, code, bugs.

Software 309

Software Operations Tools System 309

The Paypers

NOVEMBER 7, 2018

(The Paypers) Signicat has introduced Signicat Business Signature, a B2B document signing solution that minimises manual operations and keeps evidence of signature in the same document.

Operations 57

Operations 57

South State Correspondent

JANUARY 16, 2024

Unfortunately, some banks adopted BSBY as one of their preferred indexes and in doing so created risk in derivatives and operations. The documentation was lengthy and complex, the regulatory compliance and reporting was cumbersome, the accounting was tricky, and the overhead cost of launching a hedging program was challenging.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

PYMNTS

JUNE 12, 2018

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

Operations 116

Operations Survey blockchain Technology 116

Perficient

JUNE 22, 2020

Oracle’s EPM Cloud Operations Guide is a must-have document for Oracle cloud EPM customers. Have a question about the Operations Guide? This guide provides procedures to address many of the most common challenges encountered by customers. – the guide contains instructions for addressing these challenges.

Data 354

Data Management Operations Examples 354

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit.

Operations 100

Operations blockchain Payments Apple 100

PYMNTS

AUGUST 20, 2020

The Consumer Finance Protection Bureau (CFPB) has settled with TD Bank in a case involving illegal overdraft practices, according to a court document. This went on between 2014 and 2018, the court document stated. That’s in addition to standard overdraft service for normal transactions. The bank charged around 1.42

Policies 262

Policies Regulation Cards Operations 262

South State Correspondent

MAY 18, 2023

Tate ingests currently approved documents and provides natural language answers to our employees. Our current state is an intranet built on ServiceNow , allowing employees to search for various documents to answer questions. Poorly structured documents cause the bulk of generative AI inaccuracies. That is an 11.6x

US 195

US Training Examples Data 195

PYMNTS

MARCH 5, 2020

Under Par Funding’s program, titled No Document, SMBs won’t have to go through time-consuming processes, such as collecting documents or undergoing rigorous credit checks. The No Document product will ensure that red tape and bureaucracy are cut out as much as possible, the release states.

Capital 130

Capital Resources Operations Payments 130

PYMNTS

SEPTEMBER 17, 2020

Physical documents introduce a trove of friction points for the enterprise. Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. A (Digital) Document Deluge.

Compliance 157

Compliance Taxes Industry Data 157

Abrigo

MARCH 13, 2024

Takeaway 3 To triage a CRE loan in workout, first re-engage the deal team and conduct a comprehensive review of the loan documents. Additionally, any new liens on the property demonstrate cash flow issues with the property, especially if the financial institution was notified as required under the loan documents.

Strategy 222

Strategy Course Meeting Taxes 222

PYMNTS

DECEMBER 18, 2020

Top Apple executive Craig Federighi, who oversees the iOS and macOS operating systems, has been ordered by a federal judge to testify in the lawsuit Epic Games brought against the Cupertino, California-based company, Apple Insider reported. In a ruling dated Friday (Dec.

Apple 300

Apple California Report System 300

South State Correspondent

AUGUST 21, 2022

The first decision a community bank must make in choosing a hedging program is if they will subject their commercial customers to ISDA documents. Most community banks do not have a large universe of customers and prospects that would embrace complex and esoteric documentation.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

DECEMBER 24, 2020

Care providers charge patients bill portions, and then submit claims and supporting documentation to insurance providers for the remaining amounts. Inefficiencies surrounding these processes can cause serious pains, said Arthur Schoen , vice president of insurance operations and revenue cycle management at Aspen Dental Management.

Payments 255

Payments Operations Management Tools 255

PYMNTS

FEBRUARY 1, 2017

Neopost Business Solutions facilitates document flow and communications across the supply chain, helping to eliminate, for example, data re-entry and other inefficient processes. To that end, earlier this month, Neopost debuted services aimed at helping SMBs communicate among disparate parts of the business (internally and externally).

Operations 100

Operations Management Examples Technology 100

PYMNTS

MAY 12, 2020

Traydstream , a FinTech that looks at trade documents with artificial intelligence (AI), has partnered with Infosys Finacle to implement blockchain technology and further automate trade finance, according to a press release. Consequently, our clients have experienced processing time reduction by nearly 75 percent.”.

blockchain 213

blockchain Compliance Regulation Fintech 213

Perficient

JUNE 1, 2023

Boost operational efficiency and rapid scalability by effortlessly generating new documents using existing data and content with the help of AI-powered document creation. Banking: Enhance cross-selling and customer acquisition efforts through connected banking by delivering personalized and targeted campaigns.

Compliance 251

Compliance Industry Regulation Data 251

Perficient

FEBRUARY 16, 2023

What is ServiceNow Financial Services Operations (FSO): Financial Services Operations (FSO) is an out-of-box offering by ServiceNow utilizing its existing platform custom-tailored to the use cases for Financial Institutions providing a comprehensive solution for managing operations end-to-end.

Operations 474

Operations Industry Compliance Management 474

PYMNTS

DECEMBER 3, 2020

Kofax's solutions, the release stated, help to boost the speed and ease of processing financial documents and data, including automation of time-consuming manual work and easy ways to connect financial systems. The new solutions will go further toward transforming AP processes with automation.

Resources 173

Resources Compliance Management Innovation 173

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

JUNE 30, 2020

However, the internal document hints that the firm’s client base was significantly less sizable and the revenue from it much more uneven, per the report viewed by FT. The Commercial Affairs Department (CAD) of Singapore has been looking into the company’s Singapore operations for 16 months.

Regulation 222

Regulation Report Operations Payments 222

Payments Source

DECEMBER 5, 2018

Newly unsealed court documents make clear that regulators forced banks to terminate relationships with payday lenders and other lawful businesses, setting a dangerous precedent.

Operations 64

Operations Regulation FDIC Lending 64