South State Correspondent

JUNE 22, 2023

In the last article, we covered the basics of EOS ( HERE ), the Entrepreneurial Operating System, and how some banks use it to improve productivity. EOS is a comprehensive business system that empowers a leadership team to run a more successful bank.

Tools 195

Tools Meeting Leadership Management 195

Cisco

OCTOBER 4, 2022

In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems. It also spells out management oversight of IT systems, to include governance, and provides principles for auditors to address. Common AIO Risk Management Topics.

Operations 118

Operations Software Risk Management Management 118

Gonzobanker

JULY 8, 2022

However, in order to address this leadership mandate, CIOs must break through the tactical mindset and focus that consumes most hours of their day. Simply taking orders, fulfilling requests, managing outages, and measuring service levels—important responsibilities for sure—will not position the CIO nor the financial institution for success.

Resources 139

Resources Leadership Technology Management 139

Insights on Business

DECEMBER 7, 2016

Legacy systems, not fintech (November 2016), by Mike Gardner seemed to go viral on my Twitter stream. In the article, Mike describes huge losses for JP Morgan and the collapse of MF Global caused by IT systems and the use of inappropriate tools that may have been put in place more than 25 years ago. Do you agree?

System 70

System Fintech Innovation Industry 70

Abrigo

DECEMBER 30, 2019

It is critical for leadership and the Board of Directors to be engaged in all areas of the institution, including compliance with the BSA. This is a must-have risk management concept. Another aspect of this advisory is that leadership should provide adequate human and technological resources. Lending & Credit Risk.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

FEBRUARY 8, 2024

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. It also requires processes and systems that enable timely and effective responses to fraud. The stakes for financial institutions to protect customers and members are higher than ever.

Fraud 195

Fraud Resources social media Software 195

Cisco

AUGUST 9, 2022

financial institutions, the FFIEC released new guidance and a Cybersecurity Assessment Tool for institutions to self assess their risks and determine their cybersecurity maturity. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time.

Tools 114

Tools Leadership Handbook Security 114

Abrigo

FEBRUARY 23, 2022

With stiff competition from alternative lenders, non-bank financial institutions, and money service businesses who are pushing the boundaries of the traditional lending model, financial institutions can’t afford to deny the efficiencies and convenient customer experience of digitally enhanced loan systems. Lending & Credit Risk.

How To 195

How To Lending Software Survey 195

Gonzobanker

MARCH 22, 2023

Enterprise Risk Management – Bankers should expect that the regulatory pendulum will swing quickly to a highly strident tone. The slow, evolving maturity of a bank’s enterprise risk program needs to speed up fast. With the current situation, updates from leadership should be coming out at least weekly.

social media 78

social media Capital Risk Management Strategy 78

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Banking Redefined Infographic. Banking challenges.

Risk Management 120

Risk Management Analytics Leadership Big Data 120

Abrigo

SEPTEMBER 14, 2022

In 2010, Congress enacted the Dodd-Frank Act “ [t]o promote the financial stability of the United States by improving accountability and transparency in the financial system.” It isn’t just a compliance program problem or a data management problem. Written by Armistead Boyd, Partnership Executive at Compliance Systems.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

AUGUST 17, 2016

Now, the top challenge organizations face in turning data into an asset is leadership. Anyone running a BI team knows that managing technology is easier than setting specific priorities across the enterprise. So, from my experience, here’s the four-point plan for business intelligence leadership. BI = Leadership Tool.

Leadership 60

Leadership Tools Big Data Risk Management 60

PYMNTS

JULY 24, 2019

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. The victory of Boris Johnson in the U.K.’s

Policies 143

Policies Survey Capital Marketing 143

Insights on Business

AUGUST 15, 2018

It must also include all the systems that support the client’s movement, and the people who have access to those systems. How the leadership is measured and compensated. When to integrate more advanced capabilities into the risk management and compliance model.

How To 70

How To Risk Management Security Tools 70

Abrigo

OCTOBER 11, 2016

While increasing the volume of qualified loan applications is an important component of any growth strategy, leadership at these institutions may not consider that there are ample opportunities already available in their loan application pool. These growth plans typically focus on finding new ways to attract more qualified applications.

Analysis 150

Analysis Lending Taxes Software 150

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Banking Redefined Infographic. Banking challenges.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Banking Redefined Infographic. Banking challenges.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Banking Redefined Infographic. Banking challenges.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

FICO

APRIL 1, 2020

Anat: One of my initial steps in my career in analytic software was to study industrial engineering and management (IE&M), specializing in enterprise information systems, at the Technion (Israel Institute of Technology). What life choices led you to FICO? What do you find are the biggest opportunities and challenges?

Analytics 80

Analytics Customer Experience Software Fraud 80

Tomorrow's Transactions

JUNE 9, 2020

Yet, lo and behold, most of the ISPs in the UK had no major trouble adapting, and stood their ground as their resilient systems faced this sudden, indefinite surge in demand as the pandemic unfolded. This includes the leadership and external stakeholders who must clearly understand what is expected of them.

Resources 82

Resources Risk Management Operations Regulation 82

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. The Overhyped Tech of the Year – Real-Time Payments.

Fintech 194

Fintech Community Regional Technology 194

NCR

NOVEMBER 8, 2016

Evaluation of Risk. The overall risk management framework of any institution, including banks, should include cybersecurity considerations. For example, social engineering through phishing e-mails is one of the main causes of cyber breaches to an organization’s systems. The Role of the ISO.

Cyber Security 63

Cyber Security Security Risk Management Training 63

FICO

JANUARY 5, 2023

Just in the last few months, both Freddie Mac and Fannie Mae announced that their respective automated underwriting systems will consider consumer-permissioned cash flow data in the assessment process that will provide key benefits for first-time homebuyers and underserved communities. FICO is not alone in these efforts.

Policies 52

Policies Company Regulation Risk Management 52

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. Here are eight actions Larkin and other IT pros recommend to build awareness and reduce risks: 1. Ensure leadership buy-in.

Cyber Security 150

Cyber Security Security Software Meeting 150

Gonzobanker

DECEMBER 17, 2021

After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Lifetime Leadership Achievement Awards. Congrats on a brave move and national recognition Jim!

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

JUNE 26, 2020

Disaster recovery plans usually focus on the information technology infrastructure, systems and applications of an organization with the goal of getting them back up and running as fast as possible once a disaster occurs. Documenting test results raises awareness and creates an audit trail for examiners and shareholders.

Survey 158

Survey Exercises Guidelines Operations 158

Gonzobanker

DECEMBER 20, 2019

Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. A slam dunk in market acquisition of a bank with the same core system and eight of nine Bancorp branches within walking distance of ConnectOne branches.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

AUGUST 8, 2016

They must be fully trained and comfortable on the new system. They also need to understand the majority of the business decisions that have been made during the set-up of the new system. A bad system conversion can literally “break the bank” and pose serious operational, management and perception risks to the organization.

Resources 60

Resources Management Data System 60

FICO

NOVEMBER 7, 2022

You never know when you’ll get a text from your leadership about testifying in front of the Senate! Earlier, I mentioned the importance of knowing your data, and knowing what your fraud systems are doing. TJ began his career with DuPont, where he helped design and maintain Expert Systems for process control. TJ holds a B.S.

Fraud 52

Fraud US Payments South Carolina 52

Gonzobanker

DECEMBER 22, 2020

By meeting the deposit and banking needs of customers and members minus branch systems that were shuttered in a two-week period. Michael always stood out for wanting to do right by clients and shoot straight with his core systems prospects. And, by the way, without missing a beat. Her spunk and kindness will never be forgotten.

Idaho 172

Idaho Community Industry Strategy 172

FICO

MAY 17, 2023

Multiple roles across data science, risk management, marketing, operations, and lines of business can collaborate effectively to drive cross-functional change. To reinvent business in this new age, organizations need to empower their talent force to come together and innovate quickly to create compelling new value.

Analytics 52

Analytics Innovation Data Tools 52

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. GREAT MOMENTS IN SYSTEM DEMOS. Kudos to Reilly!

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. GREAT MOMENTS IN SYSTEM DEMOS. Kudos to Reilly!

Utah 60

Utah System Community Marketing 60

Independent Banker

DECEMBER 13, 2015

Risk levels have a five-point range. The second part measures cybersecurity maturity levels within five domains: cyber risk management and oversight; threat intelligence and collaboration; cybersecurity controls; external dependency management; and cyber incident management and resilience. How is it secured?

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Risk levels have a five-point range. The second part measures cybersecurity maturity levels within five domains: cyber risk management and oversight; threat intelligence and collaboration; cybersecurity controls; external dependency management; and cyber incident management and resilience. How is it secured?

Tools 70

Tools Community Community Bank Security 70

Jeff For Banks

MARCH 14, 2020

Our Executive Leadership and business readiness teams are monitoring the situation and are in close contact with health authorities, including the Centers for Disease Control and Prevention (CDC), to ensure we’re acting on the latest guidance and information.

ATM 78

ATM Policies US Management 78

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. is to help consumers who have difficulty accessing the financial system, especially those who have been historically marginalized. By Ed Avis. Methodology.

Community Bank 172

Community Bank Community National Philadelphia 172