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Get These EOS Tools for Banking

South State Correspondent

Problem-solving: The IDS process encourages problem-solving at the root cause, which could be particularly beneficial in risk management, addressing customer complaints, or improving operational efficiency. The process includes a marketing strategy. This forces participants to think both in the short and long term.

Tools 195
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What’s your financial institution’s political risk in 2016?

Long Lasting Ideas

Joe Wheeler has spent more than two decades in the financial services industry, much of that time helping community banks to craft strategic plans, while at the same time incorporating risk management and regulatory considerations into the strategic equation. at Bank Marketing Strategy + Ideas.

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New Report: Opening Up Banking To Everyone But The Money Launderers

PYMNTS

In this month’s Feature Story, Andrew Davies, vice president of global market strategy and financial crime risk management at financial services company Fiserv , discusses the anti-money laundering (AML) and KYC security methods FinTechs are adopting to keep their services safe and encourage FIs to partner with them.

Report 158
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Federal Reserve Board Launches “Consumer Compliance Supervision Bulletin”

CFPB Monitor

It also provides guidance as to redlining risk management techniques such as (i) the regular review of assessment areas and credit market areas; (ii) evaluation of fair lending risk arising from the opening, acquiring or closing of branches and offices; (iii) evaluation through marketing and outreach programs; and (iv) complaints monitoring.

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Fostering FinTech-FI Trust With Data-Driven Security

PYMNTS

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data.

Security 174
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How Thinking Smaller Helps FinTechs Scale

PYMNTS

“It’s very easy to underestimate the complexity of what’s required to scale a payments company, regardless of your go-to market strategy.”.

Fintech 130
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How The ‘Debbie Test’ Helps T1 Payments Weed Out Sketchy Merchants

PYMNTS

For example, if a company wants to launch a skincare business and use the same marketing strategy as some of the reputable players in the space — that is, try it now for free and pay later — then Kasdon wants to see proof that the product is better than others and that consumers want it more than they want that of the leading contenders.

Payments 152