PYMNTS

FEBRUARY 13, 2019

Mastercard, the Purchase, New York payments company, announced Wednesday (Feb. Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. 13) that its chief financial officer is retiring.

Risk Management 128

Risk Management Virginia New York Leadership 128

CB Insights

AUGUST 12, 2021

Moody’s , an integrated risk assessment firm, has acquired RMS , a risk management solutions provider, for $2B. RMS: California-based RMS is a provider of climate and natural disaster risk modeling and analytics. The company has over 400 risk models that cover 120 countries. Who are the parties to the deal?

Analytics 66

Analytics Data Risk Management New York 66

Bobsguide

JULY 21, 2022

. • Company hires nearly 100 new staff globally in H1 2022, including senior appointments to support expansion. Piuter Kogan, Global Head of Infrastructure : Based in New York. Thomas Benevento, Product Management Risk / Margin : Thomas is an experienced FinTech professional with a background in capital markets.

New York 87

New York Software Capital Leadership 87

Abrigo

OCTOBER 29, 2014

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. ” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134

Software New York Risk Management System 134

Insights on Business

MARCH 5, 2019

The IBM Watson Financial Services and Promontory teams are proud to be sponsoring an upcoming PRMIA event (Professional Risk Managers International Association) on March 21 in New York City, to discuss how organizations are managing risk by scaling Promontory’s deep regulatory insight with IBM’s cognitive technologies.

New York City 70

New York City Cyber Security New York Risk Management 70

Bobsguide

JULY 21, 2022

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.

Leadership 88

Leadership New Jersey America Capital 88

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. It will likely always be on your New Year’s resolution list; it is just a question of where. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

NOVEMBER 30, 2018

The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. The firm said it will use the investment to focus on operational expansion.

Capital 156

Capital Management Technology Operations 156

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address. ANNA Money.

Fintech 188

Fintech Capital New York City Analysis 188

CFPB Monitor

NOVEMBER 10, 2020

In July 2020, the Federal Financial Institutions Examination Council issued a “ Joint Statement on Managing the LIBOR Transition.” ” The statement highlighted the financial, legal, consumer protection, and operational risks that will result from LIBOR’s expected discontinuation.

Regulation 78

Regulation FDIC New York Lending 78

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. This post is not about climate change.

Lending 78

Lending Regulation Community National 78

PYMNTS

JUNE 23, 2016

Normally, the week’s headlines are filled with merchants stuck in a death spiral of slow sales and lackluster supply chain management. What good news there is usually comes from the top-performing retailers of the day, which makes what PacSun has accomplished a downmarket rarity. Bankruptcy. Uniqlo had closed five U.S.-based

New Jersey 101

New Jersey New York Connecticut Retail 101

Insights on Business

JUNE 18, 2018

Innovators and industry leaders across the marketplace will discuss the impact of technologies like artificial intelligence and machine learning and how they are being used to give security firms new insights from risk management to compliance. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

Celent Banking

NOVEMBER 11, 2015

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Access controls and identity management. Systems operations and availability concerns. Information security.

Cyber Security 100

Cyber Security Regulation Security New York 100

Independent Banker

DECEMBER 31, 2021

will continue its mission to fund microloans to new small businesses in New York City’s low-income neighborhoods, says president and CEO Carlos P. Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Ponce Bank, a $1.5 Click to enlarge. It’s a struggle.”.

Community Bank 144

Community Bank Community Lending Louisiana 144

FICO

JULY 1, 2022

A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City. Check out my post “ The Role of Data in Managing Fraud and Financial Crime Today ,” a recap of one of my FICO World breakout sessions.). Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil).

Fraud 52

Fraud Trends South Carolina Risk Management 52

CFPB Monitor

AUGUST 22, 2016

The new members are as follows: Consumer Advisory Board Members. Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Jacksonville, FL. Ian Ayres, William K.

San Antonio 60

San Antonio Kansas City Groups CA 60

PopularBank

JUNE 18, 2020

Above all, only a third of the businesses surveyed believed they could “remain operational for 3-6 months.” . . Under its “Full Phase 1” approach beginning May 18, Florida has permitted retail businesses, restaurants and food establishments, among others, to operate in limited capacity. 80% of businesses detailed slower sales .

New York 52

New York New York City Retail Survey 52

Jack Henry

JULY 2, 2014

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie. I would be remiss to discuss outsourcing today without mentioning vendor management.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

PYMNTS

OCTOBER 31, 2016

Red Sox fans here at PYMNTS vividly remember seeing a more unlikely turnaround when the New York Yankees managed to blow a three game lead in the ALCS, thus pulling off the biggest choke in the history of sports. billion was largely consumed by operating expenses, which climbed 29 percent to $32.1 And it could happen.

Data 100

Data Millennials Chicago Lending 100

Gonzobanker

MARCH 25, 2016

Bad news : Let’s face it, the biggest innovation challenges right now aren’t new products, technology, and business models. The big challenges are culture and risk management. Boards and management teams everywhere struggle with this. Good news : Addressing the addressable is a powerful change motivator.

Exercises 60

Exercises Innovation Risk Management Conference 60

CFPB Monitor

SEPTEMBER 21, 2015

Joshua Zinner, Co-Director, New Economy Project, New York, N.Y. New Community Bank Advisory Council members are: Jonathan T. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

PYMNTS

JUNE 14, 2017

“And so,” said Judge, “we said, let’s make it a starting point that we will authenticate cards and prove they are not counterfeit, using the terminals, but the whole business of authorization and risk management has to be some other way.”. The company then had to grapple with what information would be needed to generate a cryptogram.

New York City 115

New York City Metro Cards System 115

PYMNTS

AUGUST 3, 2016

According to an unnamed source speaking to The New York Post , teen brand Claire’s Stores is putting a good deal of eggs into the basket of high back-to-school sales. Even though trapper keepers and pencil cases have been replaced by laptops and iPads, back-to-school season still represents a kind of non-holiday shopping season.

Retail 100

Retail New York Operations Policies 100

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. Click to enlarge. . Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Fintech Labs Insights

MARCH 8, 2017

FinDEVr New York will be here in just two short weeks! Envestnet | Yodlee Launches Suite of Risk Reporting Tools. Check out these previews from upcoming FinDEVr New York presentations: ChartIQ. OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks.

Miami 15

Miami New York Dallas blockchain 15

Fintech Labs Insights

FEBRUARY 17, 2016

We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Developer news: The Personal Finance Operating System. Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global. Register today. of its NoSQL database.

San Francisco 12

San Francisco New York Risk Management Fraud 12

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. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. Congrats to Randy and a great management team. Acronym of the Year. Has to be M-O-E. Has it worked?

Fintech 147

Fintech Strategy Leadership Lending 147

Banking 2020

DECEMBER 16, 2014

A big part of this is moving from reactive to proactive talent management. Find, or create, opportunities to inject new types of talent. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. Be ready to act fast. But this shift has also occurred in more traditional businesses.

Leadership 52

Leadership Regional America Industry 52

Fintech Labs Insights

DECEMBER 30, 2015

The Kentucky-based company has developed a vendor management platform for banks and credit unions. Vendor management for financial services companies. Investment portfolio management . HQ: New York City. Escrow & renter deposit management. HQ: New York City. Source: Crunchbase. Prestiamoci.

Company 12

Company New York City Fintech Kentucky 12

Gonzobanker

DECEMBER 20, 2019

billion of assets under management. Olan Jones, CEO & President, Eastman Credit Union – Jones completes a great 20-year term at Eastman, increasing assets from $631 million to $5 billion and creating more than 650 new full-time jobs. picks up Bancorp of New Jersey, Inc. Bank Acquisition of the Year. ConnectOne Bancorp, Inc.

Idaho 148

Idaho Conference Data Marketing 148

CB Insights

JULY 16, 2017

AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. K2, for example, is providing customized threat intelligence for AIG’s CyberEdge product. Allianz Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Tefkin

MAY 5, 2014

Oscar’s minimum capital requirement for operating as a health insurer in the state of New York is USD 45M : [link] , most/all of which will need to be kept aside. Anything build on top of this software base is affected, from your customer front end to your risk management software to your lending activities.

Software 28

Software Capital Lending Examples 28

Perficient

MAY 17, 2022

hit a record $734bn in 2021, according to data from the Federal Reserve Bank of New York. And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought.

Strategy 294

Strategy Customer Experience Study Technology 294

CB Insights

DECEMBER 5, 2017

These include wireless home monitoring startup Notion (XL Innovate, Liberty Mutual Strategic Ventures), on-demand homeshare insurance startup Slice Labs (XL Innovate, Munich Re/HSB Ventures), virtual auto claims operations firm Snapsheet (USAA, Liberty Mutual), and contract-related insurance startup Bunker (American Family Ventures, Hiscox).

Strategy 28

Strategy Marketing Analytics Innovation 28