Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. These technologies bring capabilities that speed risk modeling, automate fraud detection, ensure regulatory compliance, enable distributed trust, and protect sensitive financial information. Transforming how financial institutions operate. Today the process of ensuring compliance is highly manual.

Industry 155

Industry Innovation blockchain Compliance 155

PYMNTS

JULY 6, 2017

“APIs have been around for a long time and have been in existence in all of the vendors, banks and financial institutions that are participating in the leadership group of NACHA. Traditional banks have taken some slack for being slow to innovate, but McGeorge said FIs, in this case, haven’t necessarily lagged in adoption and use of APIs.

Fraud 198

Fraud Payments Groups Industry 198

Abrigo

DECEMBER 5, 2023

Although not mandatory, operations experience enables a BSA Officer to understand critical aspects of an AML program, thus preparing them with the tools necessary to safeguard the soundness of the compliance program. Leadership and management: Leading and effectively managing a compliance team is a significant part of the role.

Training 221

Training Compliance Regulation Software 221

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. In the midst of this rapid-fire disruption, chief information officers are expected to be nimble, forward-thinking leaders who foster innovation in their organizations. Innovation Leader. 2: Talent Shortage.

Resources 139

Resources Leadership Technology Management 139

Insights on Business

APRIL 2, 2019

The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Progressive approach to payments modernization.

Payments 125

Payments New York City Fraud New York 125

Abrigo

MAY 5, 2022

Weekly episodes highlight innovators and industry players driving innovation in the financial services industry. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. Fraud Prevention. keep me informed. Financial Businesses. Learn More.

Community 195

Community Lending Maine Resources 195

Cisco

JULY 26, 2022

The pandemic brought into focus the need for financial institutions to become more agile and resilient in the event of any disruption, not just from innovative competitors. According to McKinsey, fast organizations outperform others by a minimum of 2x on a range of outcomes, including operational resiliency, financial performance, and growth.

Security 158

Security Operations Leadership Data 158

PYMNTS

JULY 29, 2019

“As a newly combined company, we will leverage our technology expertise and integrate our solutions to serve client needs in ways no one else can match,” said Frank Bisignano, president and chief operating officer, Fiserv (former CEO of First Data). “We He also noted that outside the U.S.,

Data 185

Data Leadership Taxes System 185

PYMNTS

APRIL 10, 2019

The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. But the latest analysis of U.S. The report pointed to the U.S.

North Carolina 136

North Carolina Risk Management Leadership Survey 136

FICO

MARCH 14, 2023

In this post, I will touch on the current state of health insurance claims automation and common pressures for innovation in claims operations. I will share typical challenges to improvement in claims automation and how to drive an automation initiative forward.

Software 98

Software Management Analytics Operations 98

PYMNTS

DECEMBER 14, 2016

In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016. Socure said the funds will enable the company to more quickly innovate its digital identity verification platform.

Fraud 100

Fraud Compliance Capital Leadership 100

CFPB Monitor

MARCH 10, 2022

leadership in the global financial system and in technological and economic competitiveness; promotion of equitable access to safe and affordable financial services; and promotion of responsible development and use of digital assets.

FDIC 148

FDIC National cryptocurrency Leadership 148

NCR

JUNE 12, 2017

One of the key stages of an omni-channel transformation is assessing your existing operating model and looking for ways it can be improved. To deliver a truly customer-centric operating model, it’s important to look at these processes from an outside-in perspective as well. Analyzing product portfolio.

Operations 82

Operations ATM Customer Experience Examples 82

PYMNTS

DECEMBER 11, 2017

Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S.

Security 112

Security Kansas City Payments Boston 112

Independent Banker

AUGUST 25, 2016

You can feel the energy boost at Park Bank from its leadership development program. It really gives people a sense of ownership,” explains James Hegenbarth, the bank’s president and CEO of the employees who have participated in the leadership development program. “It Wisconsin bank uses LEAD FWD Summit as a development resource.

Conference 104

Conference Leadership Community Bank Community 104

FICO

APRIL 1, 2020

I have always worked for international software companies and have been fortunate enough to choose organizations that have spearheaded technology innovation in their own areas. As data becomes more available and used, it will change the way we think, operate and behave, both from a business and personal perspective.

Analytics 80

Analytics Customer Experience Software Fraud 80

Abrigo

JUNE 10, 2020

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly,” the regulator said in a news release announcing the fine against LaFontaine. Fraud Prevention.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

JULY 23, 2018

PayU is one of the most active investors in the FinTech space, and we are always looking for opportunities to innovate and support our merchant clients to grow,” said Laurent le Moal, chief executive of PayU, in the press release. The platform will include fraud management and real-time reporting.

Leadership 101

Leadership Customer Experience Analytics Payments 101

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. Let’s see how this new scale allows for big investments in future innovation. She was a trailblazer and an early innovator in analytics. What an amazing leadership story.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

APRIL 11, 2016

“Commerce and financial services have moved online, and identity-based authentication has become a strategic imperative for banks, payments processors, and eCommerce merchants looking to mitigate risk, avoid fraud and comply with growing regulatory scrutiny.”. Zander has also served as president of Sun’s software group.

Boston 100

Boston Leadership Software Online 100

CB Insights

MAY 23, 2019

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. want to know THE TOP 20 REASONS STARTUPS FAIL?

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

DECEMBER 6, 2019

operations. Truckers need reliable, widely accepted payments instruments, convenient business spending and tracking tools to ensure their trips go smoothly, says America’s Service Line -employed driver Carmen Anderson, Castle Transport owner-operator Deb LaBree and Women In Trucking Association CEO and President Ellen Voie.

Millennials 101

Millennials Colorado Google Leadership 101

PYMNTS

JUNE 3, 2016

“It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital. Featurespace wasn’t the only startup this week operating in the data analytics game. Data & Business Intelligence.

Security 100

Security Data Analytics Capital 100

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The “What the Hell Are Bankers Doing?”

Fintech 194

Fintech Community Regional Technology 194

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. In keeping with our vision, which is to be ‘the Best Billion-Dollar Bank in the World,’ we must keep innovating to best serve our clients,” says Jeff Versluys, executive vice president and chief retail officer for OCB. What’s on the horizon for retail banking?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

FICO

MAY 17, 2023

These rich enhancements span the digital innovation lifecycle, from data to insights to actions to business outcomes and further differentiate our flexible capabilities like analytics & machine learning, decisions, mathematical optimization, and business simulation.

Analytics 52

Analytics Innovation Data Tools 52

PYMNTS

JUNE 13, 2019

Popular use cases that have emerged in recent years include blockchain’s potential to securely transmit remittance data along with payments in cross-border B2B transactions, enable companies to use smart contracts to enforce business agreements in B2B trade and mitigate the risk of fraud in supply chain transactions.

blockchain 184

blockchain Data Technology Security 184

Gonzobanker

AUGUST 17, 2016

For banking, top business drivers have included customer engagement and innovation, but also just plain old know-your-customer regulatory and compliance expectations. Now, the top challenge organizations face in turning data into an asset is leadership. BI = Leadership Tool. Transparency can improve accountability. Not the case.

Leadership 60

Leadership Tools Big Data Risk Management 60

Gonzobanker

MAY 7, 2018

limited marginal operating expenses needed to do larger commercial and commercial real estate deals. As our cost of funds rise, loan growth rates plateau and margins in areas like payments and mortgage face continued stress, scaling to new levels of true operating efficiency will be a huge priority for bank executives. million to $6.1

Leadership 84

Leadership Operations Lending Strategy 84

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Lifetime Leadership Achievement Awards. Acronym of the Year. Has to be M-O-E.

Fintech 143

Fintech Strategy Leadership Lending 143

FICO

JANUARY 5, 2023

The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. For several years now, FICO has recognized the potential of new scoring innovations leveraging consumer financial account data. The CFPB’s Section 1033 rulemaking will only fuel further innovations as open banking takes a stronger hold in the U.S.

Policies 52

Policies Company Regulation Risk Management 52

CB Insights

FEBRUARY 13, 2020

As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation. Leadership and board members. Fraud prevention tools. Sigma aims to streamline business operations. A decade of online payments innovation.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 7, 2019

It’s almost as bad as saying it’s the “Year of The Sloth” – since, let’s face it, pigs are not typically prized for their wisdom, energy, vision or leadership qualities across the animal kingdom. ” It’s incredibly innovative. Chinese tradition, however, takes a different view. mile-long tunnel that cost $1.3

Mobile 205

Mobile Innovation Apple Study 205

Independent Banker

DECEMBER 31, 2021

Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products.

Community Bank 144

Community Bank Community Lending Louisiana 144

William Mills

MAY 23, 2017

As Group Directors, Sugg, York and Jones are each responsible for the management of their respective public relations account teams, providing strategic planning and execution of media relations campaigns for clients operating in multiple financial services-related industries.

Management 56

Management Atlanta Georgia Florida 56

Insights on Business

JANUARY 28, 2019

fight fraud more efficiently and accurately. fight fraud more efficiently and accurately. 6078 : IBM Counter Fraud Implementation to Address Financial Payments Challenges. enable new business models and value chains to their customers, employees, and partners. capture new revenue and increase user engagement.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

FICO

JANUARY 30, 2017

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40