CFPB Monitor

AUGUST 23, 2022

each of these companies made false representations—including on their websites and social media accounts—stating or suggesting that certain crypto–related products are FDIC–insured or that stocks held in brokerage accounts are FDIC–insured.” According to the FDIC’s press release , “[b]ased upon evidence collected.,

FDIC 78

FDIC social media cryptocurrency US 78

FICO

MAY 19, 2023

As a result, the Prosper Card has offered people access to affordable credit when they need it, including after challenging life events such as job loss, bankruptcy, and divorce, as well as financial tools and resources to help them get back and stay on track,” said Kimball.

United States 52

United States Lending social media Tools 52

FICO

SEPTEMBER 30, 2022

He maintains an editorial advisory board of leading bank executives and is a regular guest banking analyst with BBC, NBC and other leading media. Mark Feeley has over 30 years’ experience in global capital markets, consulting and associated technologies, focusing on risk management, front- and middle-office platforms and data management.

Meeting 52

Meeting Analytics Management Strategy 52

FICO

AUGUST 3, 2022

FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Intrepid payments professional that I am, my thoughts are still lingering on what a great event FICO World 2022 was, the amazing fraud insights we shared, and how excited I already am for FICO World 2023.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

APRIL 6, 2017

To build the models in Origination Manager Essentials, our data scientists used AI and machine learning algorithms to discover a better way to segment the scorecards. In addition, another 15% performance improvement was found by applying machine learning with a much larger set of features relating to event-specific recencies and frequencies.

How To 96

How To social media Analytics Examples 96

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Social Assurance

JULY 1, 2014

recently did a study where we looked into how many banks & credit unions were on social media. Designs for the web can easily be translated over to social while informative articles around calculators and information for newsletters can be used for content on social. What if social media is a fad?

social media 22

social media Handbook Community Tools 22

FICO

APRIL 5, 2017

This allows us to apply AI to improve risk prediction without creating “black box” models that don’t give risk managers, customers and regulators the required insights into why individuals score the way they do.

How To 52

How To Analytics social media Data 52

Jeff For Banks

JUNE 2, 2023

It had a provision that prohibited assistance to failing banks if FDIC funds would be used to protect uninsured depositors and other creditors (hmm, think about that in light of recent events)—but the act also contained a provision allowing an exception to the prohibition when the failure of an institution would pose a systemic risk.

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

DECEMBER 22, 2020

Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media. Kudos to blazing new trails that many institutions are taking on in 2020. Transparent Banker of the Year Award CenterState’s Chris Nichols. The Valuation That Would Make Elon Jealous Award Goes to Chris Britt and the team at Chime.

Idaho 181

Idaho Community Industry Strategy 181

Abrigo

FEBRUARY 8, 2024

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. Clients should also be wary of social media scams. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters.

Fraud 195

Fraud Resources social media Software 195

Filene

JUNE 3, 2016

If you dig into the research, you'll see that the report covers ideas and insights on information sharing and networking, cybersecurity governance, learning from peers, a layered approach to security, learning from DDoS attacks, risk management to improve cybersecurity and the Citi Cyber Fusion Center. Better manage vendors.

Training 28

Training Policies New Jersey Security 28

Tomorrow's Transactions

NOVEMBER 6, 2016

The form said that if you told Watson the reason for your visit, then Watson would set up an agenda for you at the event. But my sense of Venmo is that it suceeded because of social media integration so I suspect that Zelle’s long term role will be as an API for other platforms (e.g., Pretty impressive.

blockchain 52

blockchain United States Payments social media 52

Tomorrow's Transactions

NOVEMBER 6, 2016

The form said that if you told Watson the reason for your visit, then Watson would set up an agenda for you at the event. But my sense of Venmo is that it suceeded because of social media integration so I suspect that Zelle’s long term role will be as an API for other platforms (e.g., Pretty impressive.

blockchain 46

blockchain United States social media Fintech 46

FICO

APRIL 24, 2023

Trust Bank implemented the customer onboarding and risk management capabilities using FICO® Platform , a cloud-based decisioning platform that allows companies to centralize and operationalize advanced analytics at speed to enhance customer experience, for optimal digital onboarding.

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

PYMNTS

OCTOBER 14, 2019

He also pointed to factory fires, among the most prominent and damaging events to harm a supply chain, as well as financial activity among a company’s suppliers. While the term “cognitive technology” may be overused and hyped, Vakil noted that, in supply chain management, this potential stands to transform risk management.

Data 134

Data Innovation Analysis Risk Management 134

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. Speed Kills – The Velocity of Risk.

Risk Management 195

Risk Management Examples social media Management 195

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.”

Conference 195

Conference Payments Fraud Data 195

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Steve Williams: California , The Airborne Toxic Event. Freudian Slip Award.

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

MAY 9, 2018

I’ve participated in every US event except one as well as Finovate Europe last year. There are a number of great events in FinTech but this one I do my best to attend each year. Insights on social media, financial services and more are shared on their blog , or follow them on Twitter at @beyondthearc. ^SR.

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

DECEMBER 14, 2023

The Financial Branding Quote of the Year Award – goes to Piper Sandler’s Scott Hildenbrand : “Every bank has a peer group to compare their financial ratios, but bank leaders should also have a social media peer group.” The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors.

Fintech 195

Fintech Community Regional Technology 195