FICO

JULY 18, 2022

FICO leverages machine learning (ML) in solutions ranging from fraud detection to marketing. FICO has long-supported financial service institutions in fulfilling their obligations to comply with applicable adverse action notice requirements under regulations such as the Equal Credit Opportunity Act (ECOA). Tue, 07/02/2019 - 02:45.

Analytics 52

Analytics Lending Data Industry 52

PYMNTS

MARCH 1, 2017

Needless to say, banks are feeling the pressure on all fronts to get their capabilities aligned with what the innovators around them are already providing. Managing costs and finding revenue opportunities within a low-interest rate environment is a huge challenge for banks, many of which can’t afford to take on the cost of innovation.

Payments 100

Payments System Fintech Regulation 100

Insights on Business

FEBRUARY 11, 2019

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

Compliance 87

Compliance Security Big Data Analytics 87

FICO

JUNE 22, 2017

Increasingly in today’s age, terrorist organizations and dangerous criminals finance their operations by laundering money in global financial institutions, presenting a huge public policy problem for regulators and policymakers. Innovating AML tools has increasingly become a priority for banks and financial institutions.

Tools 55

Tools Compliance Innovation social media 55

FICO

AUGUST 15, 2018

Consider the risk modeling scorecard, which has been traditionally lauded by businesses and regulators alike for its predictive capabilities. Actually, decision modeling does this by putting the decision before the data, versus the other way around (and if you really want to dig deeper, check out this white paper ).

Analytics 53

Analytics Analysis Data Operations 53

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Tomorrow's Transactions

APRIL 7, 2015

The UK’s new Payment Systems Regulator is now open for business. From Consultation on a new payments regulator for the UK ]. In the report, the regulator outlines three key areas of concern: governance, innovation and access. The devil, as it always is with these things, will be in the details.

Regulation 30

Regulation System Operations Payments 30

FICO

JANUARY 10, 2017

The “innovation” VantageScore claims can score more people is simply the weakening of credit score criteria. These criteria are necessary because credit scores need to reflect a person’s true creditworthiness to a sufficient degree that lenders, regulators and consumers, themselves, can rely on them. Already a homeowner.

Meeting 40

Meeting Data Report Risk Management 40

PYMNTS

SEPTEMBER 2, 2019

And with today’s technology, there are new ways to help them accomplish both, and that’s what we’re innovating to deliver. There are a lot of possibilities here, and both Facebook and the Association plan to work with regulators to help address all of their concerns before Libra will be ready to launch.

Payments 205

Payments Apple New York City Retail 205

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Auto-financing is ripe for innovation. Targeted at Marketing, execs, lines of business owners, etc. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions.

social media 40

social media ATM Mobile Customer Experience 40

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. Want to know what happens to your portfolio if there were a big market move? For the last year or two, we’ve been encouraging and enabling our organization to “think in microservices”.

Management 87

Management Risk Management Resources Analytics 87

FICO

JUNE 29, 2021

Legacy thinking may have its roots in strict regulation that applies to comms providers, a case of things being rigid and static, “we’ve always done it this way”. Customer value management has their data, marketing another universe, billing have their view and network ops a different set. But beware legacy thinking in the organisation.

Examples 52

Examples Operations Data Technology 52

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. Want to know what happens to your portfolio if there were a big market move? For the last year or two, we’ve been encouraging and enabling our organization to “think in microservices”.

Management 70

Management Risk Management Resources Analytics 70

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Community bank marketing resources. Regulator Award. Jill’s use of Twitter is a model for any bank CEO looking to engage on social media.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

Fintech 194

Fintech Community Regional Technology 194

CB Insights

SEPTEMBER 4, 2018

Closer look: The Geely-owned Volvo car brand has placed an emphasis on safety innovations when it comes to developing self-driving passenger vehicles. The coalition plans to create an open standards-based platform for bringing self-driving cars to market, aiming to put its first vehicle, the BMW iNEXT, on the road by 2021.

System 78

System Technology Michigan California 78

Insights on Business

DECEMBER 14, 2016

However, in light of macroeconomic challenges, increased regulation, and competition from fintechs (particularly for the highest value retail, product, and payments opportunities) revenue growth has remained sluggish. For a white paper on Radical Transformation in Financial Services, go to: https://www-01.ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Regulation Operations 70

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. New white papers from Cornerstone Advisors.

Arizona 60

Arizona Conference Technology Washington 60

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. New white papers from Cornerstone Advisors.

Arizona 60

Arizona Conference Technology Washington 60

PYMNTS

JUNE 18, 2019

They are being asked to contribute their collective experiences in operating global, regulated payments and financial services networks to shape Libra’s charter and frame its governance structure. Facebook says that it is currently in discussions with regulators, who they claim, are eager to engage in conversations with them about it.

Payments 246

Payments Regulation blockchain cryptocurrency 246

CFPB Monitor

OCTOBER 17, 2018

In May 2017, the CFPB issued a RFI and a white paper on small business lending in conjunction with a field hearing on small business lending. HMDA/Regulation C. In addition to DFA Section 1071 rulemaking, the key long-term actions items listed in the Fall 2018 agenda are: Inherited Regulations. Consumer reporting.

Regulation 68

Regulation Compliance Lending Cards 68