Knowledge Base Operations Risk Management Technology 
Perficient
JANUARY 31, 2022
As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement. The Crypto.com hack exposes shortcomings of multi-factor authentication.
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. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience.
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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. Banks need to decide if they can be nimble enough to compete on their own or if they should develop technology partnerships.
Abrigo
MAY 8, 2024
WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.
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