Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

Perficient

AUGUST 12, 2022

As a result, according to Forrester’s AI Service Providers Landscape, Q3 2022 report, “47% of data and analytic decision-makers indicate that they will partner with service providers to access AI capabilities.” For this report, Forrester requested information from each vendor and asked the vendor detailed questions.

Report 275

Report Data Analytics Industry 275

PYMNTS

MARCH 13, 2020

has reportedly put all of them back into operation. The closures were one of the main reasons the tech company cited for removing its March quarter sales outlook, Bloomberg reported. As previously reported, Apple initially closed its corporate offices as well as 42 retail locations in mainland China in the first week of February.

Apple 265

Apple Operations Retail Maine 265

CB Insights

MARCH 9, 2023

What is spend management? Spend management companies provide platforms that automate expense approvals for small and medium-sized businesses (SMBs). Spend management technology offers a variety of benefits for SMBs, such as operational efficiency, more accurate financial data, and real-time visibility into company spending.

Trends 62

Trends Management Report Marketing 62

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. RLJ Financial On Managing B2B Spend With Virtual Cards. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

Management 268

Management Cards Company Innovation 268

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

Risk Management 195

Risk Management Management FDIC Meeting 195

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. 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.

Operations 118

Operations Software Risk Management Management 118

The Paypers

OCTOBER 18, 2022

US-based Open Banking operator Plaid has published The Fintech Effect report that shows 84% of UK consumers use fintech for money management in 2022.

Fintech 100

Fintech Management Report US 100

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. In severe cases, banks might have to take the drastic measure of closing accounts altogether.

How To 245

How To Management Report Strategy 245

Perficient

OCTOBER 26, 2020

Perficient was listed in Forrester’s recent report, “The Forrester Wave : Digital Process Automation Service Providers, Q3 2020, The 13 Providers That Matter Most And How They Stack Up.” Consulting offerings that cover strategy, user experience, and change management, along with technology. Learn More.

Report 294

Report Strategy US User Experience 294

Perficient

JUNE 1, 2022

So far in our 6-part blog series explaining the intricacies of TRACE, we have defined TRACE reporting, detailed the prep work to be done in order to effectively report TRACE transactions , and reviewed considerations for alternative trading systems. by programming systems to delay reporting until the end of the reporting period.

Report 294

Report Security Regulation System 294

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

PYMNTS

NOVEMBER 15, 2020

Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. The pandemic has engendered a number of new obstacles for companies.

Samsung 263

Samsung Management Mobile Resources 263

PYMNTS

SEPTEMBER 22, 2020

22), Reuters reported. It was unclear how many users and which countries were impacted, the news service reported. The 9to5Mac site reported while there are more often issues with Apple’s iCloud services, Tuesday’s troubles impacted more services than normal including Apple School Manager and Apple Business Manager.

Apple 216

Apple Report Seattle California 216

PYMNTS

JANUARY 21, 2021

United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. United Airlines reported $19 million per day in Q4 2020 core cash burn, marking an improvement of an average of $5 million for each day compared to Q3 2020.

Operations 140

Operations United States US Course 140

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . Takeaway 1 Models are relied upon to answer financial reporting and decision-making questions, including CECL reporting and budgeting. Model governance overview.

Risk Management 195

Risk Management Management Regulation Analysis 195

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Report 348

Report System Regulation Technology 348

PYMNTS

NOVEMBER 25, 2020

Peer-to-peer (P2P) payment apps have become particularly appealing to consumers during the COVID-19 pandemic, with P2P app Zelle reporting rises in the number of transactions and transactions’ values in recent months. PYMNTS’ data revealed that many consumers are now seeking real-time access to their funds, with 35.2

Report 260

Report Trends Payments United States 260

Perficient

DECEMBER 18, 2023

In the fast-paced realm of finance, the significance of regulatory risk and compliance management practices cannot be overstated. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. This ensures a seamless and compliant global operation.

Regulation 473

Regulation Compliance Exercises Guidelines 473

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. ALM 101: Introduction to Asset/Liability Management. This is the fourth post in a series.

Management 195

Management Meeting Risk Management Operations 195

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . Takeaway 3 Seven steps of change management will jump-start the implementation and improve adoption and digital transformation. Not in all cases.

Management 195

Management Software Survey Fintech 195

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." So how can banks help customers keep up in uncertain markets?

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

OCTOBER 31, 2018

It was more than a month ago that eBay started managing payments on its U.S. The eCommerce operator, which released its third quarter 2018 results , said it has intermediated $38 million of gross merchandise value (GMV) so far. For the third quarter, eBay reported a 6 percent year-over-year revenue increase to $2.6

Management 134

Management Report Payments Apple 134

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Monitoring fuel purchases through both cost and location is a valuable tool for fleet managers to prevent fraud and protect margins.”.

Management 238

Management Cards Innovation Fraud 238

PYMNTS

DECEMBER 8, 2020

Bass, among others, reported Tuesday (Dec. As the developments associated with the COVID-19 pandemic continue to be fluid and there is significant uncertainty related to its impact, the Company is not currently providing any additional guidance,” management said in an announcement. “As G-III Apparel Group reported net income of $1.29

Groups 241

Groups Report Branding Retail 241

Abrigo

JUNE 7, 2021

Risks ALM Addresses Will Affect Performance and Strategy Asset/liability management models and processes address credit risk, liquidity risk, and interest rate risk. . Good asset/liability management, he says, “is knowing how much risk do we take.” It’s about how to make decisions inside the bank to manage risk. lines of credit.

Management 195

Management Risk Management Capital Regulation 195

PYMNTS

JANUARY 11, 2021

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. 11) press release. . percent to reach $41.19

ATM 172

ATM Operations Houston Georgia 172

PYMNTS

OCTOBER 8, 2020

Manheim Logistics has formed an exclusive collaboration with DHL Supply Chain in order to develop what a press release calls a "more holistic" transportation management system. And there will be a new integrated user experience portal for use by shipping and operations workers.

Management 184

Management Detroit User Experience Resources 184

PYMNTS

JANUARY 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times ( FT ) reported on Thursday (Jan. and internationally,” said Co-President and Chief Operating Officer Daniel Pinto in the memo.

Operations 151

Operations Payments Community Bank Cards 151

PYMNTS

AUGUST 24, 2016

Exaggerated claims on expense reports are challenging businesses’ ability to manage employee spend — and their own. The data also highlights how both employees and their managers are to blame for inaccuracies and fraud. The data also found their managers are in on the issue. Enterprise Chris Baker in a statement.

Management 100

Management Report Fraud Analysis 100

PYMNTS

DECEMBER 2, 2019

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. . Spend Control Challenges And Solutions. average is 66 percent, by comparison.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

SEPTEMBER 15, 2020

program, which will work to help procurement teams create receipts and manage the return merchandise authorization (RMA) program effectively, according to a press release. And for the RMA program, procurement teams will be able to manage products rejected during the product inspection process, the release said. PYMNTS reported.

Management 151

Management Tools System Software 151

PYMNTS

NOVEMBER 10, 2020

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Having too much cash on hand is a mixed blessing, however.

Capital 218

Capital Management System Examples 218