South State Correspondent
OCTOBER 26, 2023
As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.
PYMNTS
SEPTEMBER 6, 2018
The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Automating that compliance is now a “need to have.”. However, in some ways, we are in uncharted territory.
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Abrigo
MAY 19, 2017
Ensuring proper documentation and loan portfolio management with an automated loan administration and tickler tracking system allows credit unions to collect and store member data in one place, which will be quite handy for regulators during exam time.
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
ZootBlog
NOVEMBER 11, 2015
In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. To do this they must invest in knowledge and skill development. Their strategy is to develop such strong muscle memory that when they are in competition, their body executes flawlessly.
PYMNTS
MAY 15, 2018
For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. For example, someone has to show the machines which part of the ID is a face and where the first and last name are listed.
PYMNTS
JANUARY 28, 2020
10, with new regulations for cryptocurrencies, wallets and exchanges. Some operators said no way, moving to countries with more relaxed rules, or simply shuttering. Widely used rules-based anti-fraud measures are also not the safe bet they were just a few years ago. “The Know Your Criminals.
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