CFPB Monitor

MAY 18, 2016

Topics will include risk management and strategic planning, financial inclusion, consumer protection, supervisory expectations, and regulatory concerns. In March 2016, the OCC released a white paper: “Supporting Responsible Innovation in the Federal Banking System: An OCC Perspective.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

OCTOBER 14, 2018

According to a company white paper , the first product is an encrypted personal data store comprised of user’s personal devices and cloud storage that Microsoft would offer through Azure. The second offering is a “wallet-like app” that people can use to manage their data, including the ability to take back permissions if needed.

Bitcoin 156

Bitcoin North Dakota blockchain Data 156

Abrigo

JUNE 23, 2020

From day one with Abrigo, you will have a dedicated Client Success Manager (CSM) who will serve as your advocate within the company. They will also provide you with resources (blogs, case studies, webinars, white papers, etc.) BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation.

Software 195

Software Community Fraud Resources 195

Insights on Business

NOVEMBER 12, 2018

As these regulations are constantly evolving and changing, complicated legacy systems have been developed over time that became hugely expensive to manage, incompatible with one another, and, as massive number of fines continue to be imposed, are being rendered ineffectual. Increasing your ROI with IBM OpenPages with Watson.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

AUGUST 11, 2017

Among the many issues facing businesses looking to use blockchain are government regulations and transparency. This week, Microsoft has released a technical white paper and demonstrations for its new that’s seeking to address the problems facing enterprises seeking to implement blockchain technology.

Bitcoin 102

Bitcoin blockchain cryptocurrency Software 102

FICO

APRIL 8, 2020

Increased use of biometrics to verify identity is likely to continue – so what steps need to be in place in order manage identity using biometrics? Having secured identity management at account opening and at the initiation of an activity such as a login or account details change, it’s also necessary to look at security throughout a session.

Management 52

Management Examples Meeting Security 52

American Banker

MARCH 31, 2016

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."

Innovation 28

Innovation Management Fintech Risk Management 28

FICO

JUNE 26, 2020

For instance, higher-resilience consumers tend to have: More experience managing credit. The FICO® Resilience Index is designed to give lenders and investors a refined tool to help identify those consumers across FICO® Scores bands that represent higher resilience during an unexpected economic disruption. Lower total revolving balances.

Analytics 98

Analytics Analysis Tools Capital 98

PYMNTS

NOVEMBER 30, 2017

The EU is also gearing up for additional, overlapping regulations that could confuse financial services players regarding how (and when) to become PSD2-compliant. One of those challenges is ongoing discussions over some guidelines within the regulation, Deutsche Bank noted, particularly those pertaining to fraud reporting and security.

Guidelines 109

Guidelines Regulation Compliance Data 109

Chris Skinner

MARCH 3, 2017

Just to put this in context, there are some very good white papers out there on the subject. Launched work to address the industry’s most pressing payment system security issues: identity management, data protection, and fraud and risk information-sharing. Well that research survey is now live.

America 150

America Payments Fraud System 150

CFPB Monitor

DECEMBER 6, 2021

For a number of reasons and as detailed at greater length in a CBA white paper we helped author, we believe that formal rulemaking would serve as a far better approach than a return to “regulation by enforcement.”. Significantly, neither the Director nor the recent CFPB reports identify specific overdraft practices of concern.

Regulation 78

Regulation Policies FDIC Leadership 78

Insights on Business

FEBRUARY 11, 2019

In the beginning of the cloud computing era, “private clouds” promised the scalability, flexibility and manageability of public clouds, combined with the security and control of on-premises data center environments. But some early private clouds, in fact, were neither private nor clouds.

Compliance 87

Compliance Security Big Data Analytics 87

Insights on Business

SEPTEMBER 13, 2018

On the horizon, a mighty storm is brewing between global macroeconomic uncertainty, waning effectiveness of the quantitative easing programs, new competition from startups and other industries, more sophisticated, demanding customers and increased government regulations.

Operations 184

Operations Case Study Customer Experience Analytics 184

PYMNTS

MAY 17, 2017

While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. They are also in flux thanks to regulation.

Cards 108

Cards Analysis Data Compliance 108

FICO

JULY 21, 2020

Compliance teams want to: Be compliant with anti-money laundering regulations to protect their reputation and avoid fines. Ensure they do not break regulations by offering services to denied parties such as those that appear on sanctions lists. by Frank Holzenthal.

Compliance 52

Compliance Fraud Customer Experience Meeting 52

FICO

JULY 31, 2019

Fraud management and AML compliance are both about tackling financial crime, but often they are managed by different teams, each with their own processes and technology. For many years the idea of convergence in managing financial crime at banks has been under discussion — but is this a meaningful trend or simply wishful thinking?

Fraud 40

Fraud Compliance Study Management 40

PYMNTS

MAY 10, 2019

The rule change is the subject of a recent white paper published by GIACT. The purpose of the new rule, according to NACHA , is to “enhance quality and improve risk management within the ACH network by supplementing the fraud detection standard for internet-initiated (WEB) debits.”. New NACHA Rule.

Payments 178

Payments Fraud Security Customer Experience 178

FICO

NOVEMBER 5, 2018

Countries that already have real-time payment schemes have had to manage the related crime. The references are vague, however: “centralized fraud and risk management capabilities” are referenced but the nature of this protection is not defined. launching a super complaint. The post Will Real-Time Rails in Canada Bring More Fraud?

Fraud 40

Fraud Risk Management Payments Strategy 40

FICO

JULY 18, 2022

FICO has long-supported financial service institutions in fulfilling their obligations to comply with applicable adverse action notice requirements under regulations such as the Equal Credit Opportunity Act (ECOA). FICO® Resilience Index Can Improve Card Account Management. Can Arkali. See all Posts. chevron_left Blog Home.

Analytics 52

Analytics Lending Data Industry 52

PYMNTS

MARCH 1, 2017

Currencycloud’s latest white paper, Global Payments: How FinTech Partners Are Helping Banks Transform, lays out the complexities that banks face in trying to keep up with the rapid pace of globalization and how partnerships with FinTechs may be an alternative path to success.

Payments 100

Payments System Fintech Regulation 100

FICO

AUGUST 15, 2018

Consider the risk modeling scorecard, which has been traditionally lauded by businesses and regulators alike for its predictive capabilities. Actually, decision modeling does this by putting the decision before the data, versus the other way around (and if you really want to dig deeper, check out this white paper ).

Analytics 53

Analytics Analysis Data Operations 53

PYMNTS

AUGUST 5, 2019

This, in short, seems to be the route Facebook decided to take with Libra — big announcement, big white paper, big partners and, most importantly — big, big plans. Globally, regulators of all kinds have turned various shades of green at the prospect, and in two-days of testifying before the House and Senate , the U.S.

blockchain 214

blockchain cryptocurrency Maine Retail 214

NCR

APRIL 4, 2016

One area where SaaS applications can deliver significant benefits in banking is customer communication management (CCM). Because of compliance regulations, financial firms typically face inflexible formatting requirements for these communications. Armor white paper , “Inside the 6 principal layers of the cloud security stack”.).

Security 40

Security Survey Data Resources 40

Jeff For Banks

SEPTEMBER 29, 2012

At the same time, bank regulators raise issues that are cause for concern. All that needs to be done is to present to management how any perceived risks should be addressed. A former bank marketing executive, Dana has written a white paper entitled, “Banks & Blogging: Why they should, why they don’t, and how to go about it.”

social media 66

social media Compliance Guidelines Groups 66

PYMNTS

APRIL 30, 2018

IBM’s management team described its blockchain developer toolkit as another way to make it easier for innovators to “stand up” blockchain networks. A month later, a new management team was put in place to rebuild the business. Some 750 such networks , they said, were provisioned in the first two weeks of that launch. And to learn.

Fintech 183

Fintech blockchain Lending Digital Banking 183

FICO

JUNE 22, 2017

At the time, Madoff had been running an elaborate Ponzi scheme through the wealth management arm of his business that reached $65 million by the time of his arrest in 2008, deliberately hiding the money intricately within the financial system. Innovating AML tools has increasingly become a priority for banks and financial institutions.

Tools 55

Tools Compliance Innovation social media 55

FICO

MARCH 30, 2020

Managed Risk. For more information about how biometrics can be integrated into a comprehensive solution that helps you to achieve truly adaptive authentication, read our white papers: Part 1: Biometrics Step Forward – The principles of biometrics and behavioral biometrics in verification and authentication of identity.

Examples 52

Examples Fraud System Compliance 52

CFPB Monitor

FEBRUARY 8, 2021

Cordray referenced an April 2020 white paper he co-authored that outlined immediate actions the CFPB could take to address the pandemic.) Chopra “his own person” and expects him to take the CFPB in new directions. He expects Mr. Chopra to vigorously pursue ways for the CFPB to support consumers financially injured by the pandemic.

Leadership 78

Leadership Lending Groups Policies 78

Insights on Business

SEPTEMBER 8, 2016

Late last year, I read an article in the Financial Times that said there were three possible reasons for the turmoil in the worldwide banking industry: a blip induced by excessive regulation, a return to normal after an exceptional pre-crisis boom, or the slow death of banking. Almost sounds too good to be true, doesn’t it?

Study 70

Study social media Compliance Operations 70

NCR

APRIL 14, 2016

About a year ago, we set out to address the biggest question in banking for which no one ever seems to have a real answer: How much longer will paper checks continue to exist? The mathematical models we used to predict the future of checks in our white paper, titled The Disappearing Check: How Much Longer Until the End?

Examples 40

Examples Industry US System 40

CFPB Monitor

APRIL 29, 2015

In the section on rulemaking, the CFPB discusses its proposed amendments to Regulation C (which implements HMDA) and its progress in developing rules on the collection of small business lending data to implement Section 1071 of Dodd-Frank. ”).

Lending 60

Lending Report Policies Compliance 60

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

Insights on Business

AUGUST 28, 2019

If implemented appropriately, firms can use microservices to have technology infrastructure that is simpler to manage, utilizes resources more efficiently, and therefore provides additional value at a lower cost. We’ve been quite vocal about our own transition to a risk management microservices architecture. What is a microservice?

Management 87

Management Risk Management Resources Analytics 87

FICO

MARCH 18, 2020

and have a read of our series of three white papers looking at how biometrics are being implemented and developed in financial services organizations. Part 3: Biometrics in Action – What use cases are gaining ground and how do they work in a regulated environment? by Sarah Rutherford.

Fraud 52

Fraud Analytics Samsung Comparison 52

Insights on Business

AUGUST 28, 2019

If implemented appropriately, firms can use microservices to have technology infrastructure that is simpler to manage, utilizes resources more efficiently, and therefore provides additional value at a lower cost. We’ve been quite vocal about our own transition to a risk management microservices architecture. What is a microservice?

Management 70

Management Risk Management Resources Analytics 70

FICO

JANUARY 15, 2021

In our top post, Vice President and General Manager of Scores, Sally Taylor explained the new FICO Resilience Index, designed to provide lenders with a more precise assessment of consumer credit risk and consumers with demonstrated talent for weathering economic storms greater access to credit.

Report 59

Report Payments Cards Data 59

FICO

JANUARY 10, 2017

These criteria are necessary because credit scores need to reflect a person’s true creditworthiness to a sufficient degree that lenders, regulators and consumers, themselves, can rely on them. In fact, 73% of the new to credit consumers are managing less than $250 of debt, and 72% have never managed a credit limit of more than $1000.

Meeting 40

Meeting Data Report Risk Management 40