Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Risk Management. AI may be used to augment risk management and control practices. Personalization of Customer Services. Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

MAY 11, 2020

Security breaches involving cloud computing highlight the importance of sound security controls and a clear understanding of cloud service providers’ risk management policies. Keep your data secure and up-to-date using our datacenter. How can financial institutions mitigate the risk? Learn more.

Data 195

Data Training Risk Management Software 195

PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release. Diokno, Philippines’ Central Bank (BSP) governor in the release.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. But if they see it as a risk management tool, it’s a game changer.

Oregon 91

Oregon Community Bank Community Meeting 91

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Video 175

Video Capital Lending Security 175

Abrigo

OCTOBER 15, 2020

Fraudulent (or lack of) supporting documents Supporting documents are a critical part of both the application phase and forgiveness phase of PPP lending. Ensure that adequate and accurate documentation is available to show how the funds were used, including documents to support payroll and tax forms. C&I Loans.

Fraud 150

Fraud Lending Los Angeles Taxes 150

Abrigo

APRIL 1, 2015

McGrane and Hilsenrath also noted that following the push for higher capital cushions, “regulators are now focusing on corporate governance and the role of directors to ensure banks have the right culture and controls to prevent excessive risk taking.” How complex is the bank’s operating model? How is the management of risk overseen?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

PYMNTS

NOVEMBER 17, 2020

Through the deal, Paylocity will expand its “product functionality” in the areas that Samepage’s software focuses on, “task management, file sharing” and “real-time document collaboration,” the companies said in the release. That aims to boost their risk management and contract governance, transformation and remedial activities.

Payments 144

Payments User Experience Software Risk Management 144

PYMNTS

JULY 8, 2020

The company also utilizes a suite of anti-hacking tools called Safety Net, which provides network-level security by looking for unusual behaviors and potential cyberattacks. AI Also Helps Manage Credit Risk. You want to be able to manage credit for the lifecycle of the user,” Jha said.

Fraud 274

Fraud Management Risk Management Company 274

Cisco

AUGUST 9, 2022

This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. It is part of a multipart blog series on financial regulations and how to manage them architecturally, geared towards IT leadership. External Dependency Management.

Tools 114

Tools Leadership Handbook Security 114

Abrigo

SEPTEMBER 2, 2016

In the hustle and bustle of running your valuation practice, it can be convenient to incorporate templates for letters and documents as you accept engagements and produce valuation reports to enhance the valuation practice’s efficiency. Is it an ownership interest or a security? Description of the asset or liability being valued.

Risk Management 150

Risk Management Video Analysis Resources 150

Gonzobanker

JANUARY 4, 2023

It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. They will have some piece of it, though, such as reviewing outsourced disaster recovery and information security plans.

Technology 78

Technology System Software Groups 78

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

Cyber Security 150

Cyber Security Security Software Meeting 150

PYMNTS

SEPTEMBER 11, 2017

The data exposed included driver’s license and Social Security numbers. . No one, of course, can get a new Social Security number or date of birth. In satisfying that first step, Hall said, names, dates of birth and Social Security numbers still prove useful. . Those things are immutable and true facts and identifiers.

Fraud 136

Fraud Data Course Security 136

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Trust is established when you have the confidence that your data is safe and secure. Technology moves fast.

Security 87

Security Data Analytics Industry 87

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. The change is intended to improve security, integration, reporting features, and validation to improve accuracy. Lending & Credit Risk. Risk Ratings.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. The change is intended to improve security, integration, reporting features, and validation to improve accuracy. Lending & Credit Risk. Risk Ratings.

Lending 195

Lending FDIC Capital Risk Management 195

CFPB Monitor

APRIL 25, 2022

The January 2021 Operating Agreement . The preliminary approval had requirements, including that Anchorage enter into an Operating Agreement with the OCC. Under the Operating Agreement, Anchorage needed to, amongst other things, implement a written BSA/AML and Office of Foreign Assets Control (“OFAC”) compliance program.

Compliance 78

Compliance Digital Banking Training South Dakota 78

CFPB Monitor

NOVEMBER 22, 2022

While the report does not address “true lender” challenges in bank/fintech lending relationships, it does discuss the risk of “so-called ‘rent-a-charter’ schemes that market themselves as innovative fintech lending platforms, but operate with essentially the same harmful business model as a traditional payday lender.”

Fintech 78

Fintech Report Data Lending 78

FICO

JUNE 12, 2019

Demand for cyber risk quantification (CRQ) solutions is coming from insurers – keen to assess the risk in counterparties’ infrastructure – and more general financial services firms, which want to assess the risk in the systems they rely on for their operations.”. Focused on risk quantification.

Analysis 40

Analysis Risk Management Security Training 40

BankUnderground

JUNE 25, 2020

First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. 15 of this report ). Conclusion.

Data 105

Data Big Data Regulation Risk Management 105

Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. A majority of applicants sought less than $100,000.

Lending 243

Lending St. Louis Community Marketing 243

Gonzobanker

NOVEMBER 1, 2016

Poor planning or missteps here will cost more later on, not only in terms of time and money but also in the bank’s ability to effectively address today’s growing information and cyber security threats. I’ve taken the following three-step approach to building out a comprehensive IT and security risk program before, and it works.

Risk Management 60

Risk Management Security Management Tools 60

Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Risk levels have a five-point range. It’s designed to be an ongoing risk assessment. For example: Who manages each piece?

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Risk levels have a five-point range. It’s designed to be an ongoing risk assessment. For example: Who manages each piece?

Tools 70

Tools Community Community Bank Security 70

PYMNTS

APRIL 30, 2019

As has been well-documented in these digital pages, SCA mandates that some 300 million consumers will need to confirm their identities for most of their online purchases using two of the following: something they know (e.g., a password), something they possess (e.g., a phone) or something they are (e.g., a fingerprint).

Fraud 171

Fraud Online Cards Payments 171

Gonzobanker

DECEMBER 22, 2014

and Operations center in a building they recently purchased as they look to double in size over the next five years: Cornerstone: Do you think you should build out your I.T. While MCX has been all hype to this point, we had better listen … but it won’t go anywhere until it stops asking for our friggin’ Social Security numbers!

Los Angeles 101

Los Angeles Apple Risk Management California 101

Abrigo

MAY 8, 2024

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

Examples 195

Examples Fraud Resources Risk Management 195

CB Insights

MARCH 27, 2019

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves.

Google 76

Google Apple Security Data 76

Abrigo

AUGUST 28, 2022

Takeaway 3 Better ag lending workflows streamline document collection and management and increase credit analysis accuracy. . Whether the institution offers an ag operating loan, an ag real estate loan, or a loan for farm equipment, it can create a better ag lending process with these seven best practices: Provide a mobile experience.

Lending 195

Lending Analysis System Data 195

CB Insights

NOVEMBER 2, 2017

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. Driver 2: Regulators have increased jurisdictional oversight — and are using it to crack down on bad actors.

Compliance 72

Compliance Regulation blockchain Software 72

Abrigo

NOVEMBER 22, 2021

Takeaway 1 Risk tied to consumer lending compliance has been elevated as a result of the pandemic and associated operating challenges. Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

PYMNTS

MARCH 6, 2019

For instance, the ability to transfer data and various assets can help firms keep track of, and improve, operations. One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Real-Time Window To Treasury Management.

blockchain 189

blockchain Management Data User Experience 189

William Mills

MAY 9, 2018

Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. Covered Security , coveredsecurity.com @CoveredSecurity. Presenters: Chris Zannetos. Brian Milas. They help consumers avoid digital identify theft.

Security 40

Security Samsung Strategy San Jose 40

Lex Sokolin

DECEMBER 25, 2019

This makes me realize how much I miss being able to get into a meaty, quantitative analysis in a well-formatted PowerPoint document. Other things like Compound are essentially a securities lending marketplace?—?you operated, or maybe audited and controlled, by the US government. That is to say?—?governments

blockchain 52

blockchain Bitcoin Software Lending 52

PYMNTS

JULY 15, 2019

Mastercard said late last week that it has partnered with OpenTex t, focused on enterprise operations management in a bid to streamline supply chain and finance activity. Data include details on credit metrics, sanctions and other factors tied to risk analysis. And it is that sense of security that is paramount.

Industry 161

Industry Security Data Payments 161

William Mills

SEPTEMBER 12, 2017

I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. ID_Analytics.

Samsung 69

Samsung Mobile User Experience Google 69