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Joint Guidance Provided to Banks to Manage Risks Associated With Third-Party Relationships

Perficient

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance.

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OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

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CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022

Bobsguide

Igor Tsitavets, CompatibL’s President and CEO, says: “We are honored to be shortlisted at this year’s FTF News Technology Innovation Awards. The post CompatibL Shortlisted for the FTF News Technology Innovation Awards 2022 appeared first on Bobsguide. Show us your support and vote for CompatibL here: [link].

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Hypur To Offer Digital Payments For Cannabis Firms With CU Partnership

PYMNTS

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment.

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The BaaS Gold Rush is On

Gonzobanker

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business. More importantly, BaaS banks will need an I.T.

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Financial Software Firm OpenFin Raises $17M

PYMNTS

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134
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TS Imagine Strengthens its Marketplace Leadership with Non-Exec Board Appointments

Bobsguide

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.