Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Read the case study. Would you like other articles like this in your inbox?

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

OCTOBER 21, 2016

The fleet management market is estimated to grow from $9.54 percent, according to a new study by MarketsandMarkets. According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. billion in 2016 to $27.9

Management 100

Management Marketing Regional System 100

Gonzobanker

APRIL 28, 2016

The amount of regulation in the financial industry is staggering and has understandably been top of mind for most CEOs. My colleagues (shout out to Vincent Hui and Kaleb Seymour ) and I conducted a study for the credit union industry to determine the impact of regulation. appraisal management) and reporting. Cockroaches.

Regulation 60

Regulation Management Community Bank System 60

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. A reclassification could lead to significant changes in how the mobile payment service can operate in the country.

Marketing 179

Marketing Regulation Case Study Security 179

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. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming. Maybe a topic for next year?

Conference 221

Conference Las Vegas Fraud Case Study 221

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. If only it were so easy.

Compliance 109

Compliance FDIC Strategy Fintech 109

Bobsguide

JUNE 10, 2022

EMIR Refit: 69% of firms expect serious challenges when building up matching, reconciliation and exception management capabilities. Furthermore, companies have often found themselves operating with a lack of clarity on how the new framework will impact their reporting processes.

Regulation 88

Regulation Resources Study Compliance 88

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred. million stolen.

Fraud 222

Fraud Payments Software Policies 222

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY.

Community Bank 195

Community Bank Community Compliance CA 195

Perficient

MAY 5, 2022

Two-plus years later, banks and credit unions continue to feel the pressure to transform their credit and lending operations. And for good. Fortunately, at Perficient, we quickly realized the dire economic situation and the challenges financial institutions and their customers faced.

Lending 354

Lending Strategy Marketing Big Data 354

PYMNTS

NOVEMBER 4, 2020

regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. regulators acknowledge that although there is a market and demand for open banking, the current regulatory structure prioritizes consumer protection.”. “A

US 171

US Boston Regulation Data 171

PYMNTS

DECEMBER 17, 2020

Massachusetts regulators filed a complaint against Robinhood on Wednesday (Dec. 16) alleging that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations. Study: 69 Percent Of Consumers Say They Want Subscription Bundles.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

PYMNTS

JULY 23, 2019

China’s banking regulator is introducing stricter requirements on banks and insurance institutions that provide supply chain financial solutions in an effort to curb fraud, according to China Daily reports last week. Regulators Step In. A similar dispute has also risen stemming from accounts receivable from Suning as well.

Fraud 128

Fraud Regulation Report Management 128

Abrigo

APRIL 21, 2023

Continuous monitoring within the credit review process at banks and credit unions also supports appropriate risk communication with the institution’s management and board of directors. Meanwhile, those that don’t require a full review are still studied.

Lending 195

Lending Risk Management Software System 195

Insights on Business

FEBRUARY 14, 2019

Many financial services organizations are struggling to manage their risk and compliance exposure in the face of ever-increasing challenges. Massive volumes of regulations are being developed across global financial market segments. ” In a case study presentation titled, “Managing IT Risk with IBM OpenPages with Watson 8.0

Compliance 125

Compliance Risk Management Case Study Meeting 125

PYMNTS

FEBRUARY 28, 2019

In the new Payments And The Platform Economy Playbook series, powered by Yapstone , PYMNTS examines the latest developments in the platform economy, and seeks to offer a roadmap for managing risks, optimizing rewards and creating a trusted business environment. To read the Case Study, download the Playbook. About the Playbook.

Payments 183

Payments User Experience Training Case Study 183

Insights on Business

JULY 30, 2019

This is forcing many financial service organizations to spend even more on financial crime management, including systems and staff, to meet the rising number of threats and continuously growing regulatory scrutiny. As regulators see the initial application of AI in some firms, they will begin expecting it at others.

Study 107

Study Survey Regulation System 107

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Liquidity risk management and adequacy of contingency funding plans.

Rhode Island 238

Rhode Island District of Columbia West Virginia New Jersey 238

FluentBanking

APRIL 18, 2020

It is important to know thoroughly about the syllabus and regulations of any course before enrolling in that. The examinees will also be asked to answer case study based/practice oriented questions. Banking diploma is a very common and recognized professional certification from The Institute of Bankers, Bangladesh (IBB).

Regulation 52

Regulation Case Study Security Management 52

PYMNTS

DECEMBER 12, 2018

watchdog, released the findings of a study Wednesday (Dec. 12) showing that boards and management committees at companies don’t have an understanding of the cyber risks that pose a threat to their organizations. According to the FCA, that shows firms can do more to educate board members and senior management about cyber risks.

Security 124

Security Management Study Compliance 124

PYMNTS

NOVEMBER 8, 2020

Restaurant executives are optimistic they can make indoor dining work in a number of situations because eateries have honed protocols for maintaining environments that conform with regulations designed to counter COVID-19. Management's enthusiasm for dining rooms is easy to understand.

Illinois 118

Illinois Florida Branding Report 118

Chris Skinner

FEBRUARY 2, 2017

Nothing like the old world of proprietary structures that are closed and require heavy lifting to operate. As our survey suggests, FSI firms’ legacy cultural attributes include a protracted response to change, siloed work style, hierarchical organizational structure, and a cautious, regulation-determined risk appetite, among other behaviors.

Study 150

Study Customer Experience Survey Software 150

Jeff For Banks

FEBRUARY 6, 2011

The productive view about the similarity of EAs is why haven’t we been doing some of the things required by regulators in the first place? Banking is a highly regulated industry, and has been since the Great Depression. Given the highly regulated environment, bankers are kept in a tight box of things they can and can’t do.

Regulation 70

Regulation FDIC National Capital 70

Insights on Business

SEPTEMBER 13, 2018

Because of this misplaced confidence, many banks are delaying necessary operating model transformations. Failure to do so or further delay of operating model transformations…well…better call Darwin. Operating model transformation. Operating model transformation. This is a big problem. End-to-end enterprise digitization.

Operations 184

Operations Case Study Customer Experience Analytics 184

PYMNTS

JUNE 9, 2017

As we reported recently , MIT researchers believe today’s complex financial system could move to a decentralized financial system that could help streamline operations by removing barriers to entry and reducing risks. The hope is that blockchain technology will enable data storage and management to be streamlined and boost transparency.

blockchain 171

blockchain Study Technology Data 171

Abrigo

JUNE 23, 2020

As most operations have shifted to a digital-first world due to the coronavirus pandemic, institutions have had to adjust and adapt new technologies to stay competitive and thrive during these times. From day one with Abrigo, you will have a dedicated Client Success Manager (CSM) who will serve as your advocate within the company.

Software 195

Software Community Fraud Resources 195

Abrigo

MARCH 2, 2023

But when a storm hit, limitations on the back end due to its insufficient operations technology hampered Southwest’s ability to handle the most basic customer service in that industry: getting customers safely where they needed to be. Viewing technology as a near-term cost ultimately hurts the enterprise.

Technology 195

Technology Lending Community Software 195

PYMNTS

OCTOBER 22, 2020

Businesses around the world are warming to automations and other digital tools that can simplify these processes as they seek to sustain or grow their operations. Fifty-one percent of SMBs in a recent study reported that they had persuaded business customers to switch over to digital payments, for example. About The Playbook.

Report 159

Report Tools Examples Meeting 159

Insights on Business

JULY 30, 2019

This is forcing many financial service organizations to spend even more on financial crime management, including systems and staff, to meet the rising number of threats and continuously growing regulatory scrutiny. As regulators see the initial application of AI in some firms, they will begin expecting it at others.

Study 79

Study Survey Regulation System 79

PYMNTS

JUNE 28, 2019

In the aftermath of Facebook ’s unveiling of Libra and its Calibra wallet, among the many questions raised was how it managed to get so many of the “who’s who” in payments at the table. That was the question Karen Webster had for PayPal Chief Operating Officer Bill Ready when she learned that PayPal was one of those players.

Regulation 188

Regulation cryptocurrency Payments Study 188

PYMNTS

MAY 23, 2019

In the case of regulators, that means better protections for customers who are participating in the global sharing economy. In Europe, parliament recently approved a regulation for more consumer protections, one that seeks to prevent unfair trading practices within the region. About the Playbook.

Case Study 157

Case Study Innovation Regulation Millennials 157

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. The 2008 recession resulted in government regulators tightening the standards for creditworthiness, increasing the amount of checks that lenders must undergo to approve loans.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

JANUARY 23, 2020

Every day is now a delivery day at FedEx,” Raj Subramaniam, president and chief operating officer at FedEx, said in a statement, announcing expanded home delivery to include Sundays. A Wells Fargo regulator is planning a civil suit against 10 former company executives for their roles in its retail banking scandals.

Fraud 131

Fraud Community Bank Analytics Study 131

Chris Skinner

MARCH 23, 2017

They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. There are 52 banking institutions which operate in Turkey.

Innovation 196

Innovation Cards Trends System 196