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

MAY 10, 2019

That implies an ease of use while giving up nothing when it comes to security. Getting there is a long road with many twists and turns, with guidance provided not only by back-end technology but also by updated rules from organizations with a governing role across the payments industry. Quick, Secure Validation. New NACHA Rule.

Payments 178

Payments Fraud Security Customer Experience 178

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. Cost savings are possible as operations become more efficient.

Payments 96

Payments Risk Management Innovation Analytics 96

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. They will also provide you with resources (blogs, case studies, webinars, white papers, etc.) from time-to-time.

Software 195

Software Community Fraud Resources 195

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. Over time, IBM expects to make available further services on ICP, including additional security and logging functionalities.

Compliance 87

Compliance Security Big Data Analytics 87

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. Cost savings are possible as operations become more efficient.

Payments 70

Payments Risk Management Innovation Analytics 70

PYMNTS

APRIL 19, 2017

Change within the enterprise will always bring friction, but when it comes to change brought about by the adoption of more sophisticated technologies — especially in accounting and cash management — that friction is worth the effort. But the picture of technology adoption is a complex one, as cloud accounting company Sage has shown.

Tools 119

Tools Technology Survey Management 119

PYMNTS

SEPTEMBER 19, 2017

In 2016, corporate banking made up 38 percent of overall operating income across 20 of the world’s largest banks,” explained Patricia Hines, senior analyst at Celent, in a statement. Whether via the use of best-of-breed solutions or best-of-suite offerings, banks must be open to new technologies, like blockchain. “A

Innovation 108

Innovation Survey blockchain Lending 108

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

MARCH 28, 2017

It takes more than just having the latest technology or an innovative idea to make faster payments work. In its latest white paper, INTERAC outlines the principles as follows: Principle #1: Good funds is the better model. Principle #3: Data abstraction means privacy and security for all. If anyone knows that, it’s Canada.

System 100

System Payments Marketing Industry 100

Insights on Business

DECEMBER 14, 2016

With revenues challenged, many banks have been focusing on operational efficiencies to drive financial performance. Banks continue to simplify operations, strive for scale, and right-size their branch structure. To wit, we believe that further cost efficiencies will be difficult to attain from existing operating models.

social media 70

social media United States Regulation Operations 70

FICO

AUGUST 22, 2018

Now it’s time to move on to the reality of evolving cyber threats, and the important role of risk-scoring technology in cyber risk measurement. Business outages and regulations like GDPR make companies realize they’re operating in an interconnected ecosystem with their business partners, and that is changing the dynamics of risk.

How To 53

How To Michigan System Resources 53

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

Payments 100

Payments Maine Case Study System 100

PYMNTS

MAY 17, 2017

Recent analysis from Buying Business Travel said PSD2 regulations in Europe, for instance, may make using a commercial card less user-friendly for the purpose of greater security. FIs need to look at spend per account, average value transaction, operational costs and profitability for a full picture of their commercial card performance.

Cards 108

Cards Analysis Data Compliance 108

CB Insights

SEPTEMBER 21, 2017

Blockchain technology — cryptographically-secured, distributed ledgers — has existed for nearly a decade but is just now emerging as a viable solution in healthcare. Last month, Alibaba partnered with the city of Changzhou, China to launch the country’s first application of blockchain technology in the healthcare sector.

blockchain 69

blockchain California San Francisco Capital 69

CFPB Monitor

FEBRUARY 8, 2021

He indicated that Mr. Uejio’s prior experience at the CFPB has allowed him to become well-versed not only in operational issues such as personnel and budget but also as to policy issues. Cordray shared his thoughts on how each of them is likely to approach his new role at the CFPB.

Leadership 78

Leadership Lending Groups Policies 78

Insights on Business

JUNE 25, 2019

As the IBM white paper Top considerations for implementing sales performance management reveals, decisions made during SPM implementation impact not only the effectiveness of the solution, but also the sales and revenue growth of the entire organization. Existing, flawed processes migrated into a new SPM system.

Management 116

Management Analytics System Analysis 116

NCR

JUNE 29, 2016

Wharton FinTech , the first student led FinTech initiative, has published two white papers on Millennials’ relationship with banks ( June 2015 and May 2016 ). Technology, with an emphasis on Mobile. Millennials trust technology for their financial transactions more than any previous generation.

Millennials 45

Millennials social media User Experience Branding 45

Insights on Business

DECEMBER 15, 2015

Because traditional banks are often burdened with inflexible and costly legacy systems, they often struggle to redefine new operating and business models. Leaders of the future are already moving forward and equipping their organizations and people with new skills, cultures, technology and processes. Banking Redefined Infographic.

Risk Management 120

Risk Management Analytics Leadership Big Data 120

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 79

social media Analytics Innovation Big Data 79

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. With banks now regularly fetching 2.5

Arizona 60

Arizona Conference Technology Washington 60

Gonzobanker

FEBRUARY 9, 2017

With interest rates likely to rise (margin expansion), tax cuts on the way (economic expansion), infrastructure spending (financing opportunities) and less regulation (lower operating costs), bankers see a playing field emerging that was custom-built for their entrepreneurial animal spirits. With banks now regularly fetching 2.5

Arizona 60

Arizona Conference Technology Washington 60

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

Insights on Business

JANUARY 22, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

Insights on Business

JANUARY 21, 2016

They must take immediate steps to establish bold new thinking, experiment with innovative business models and harness digital technologies that will delight customers and secure their future. New, powerful digital innovations and operating models can also drive a bank’s efficiency to higher, more profitable levels.

social media 70

social media Analytics Innovation Big Data 70

FICO

JANUARY 8, 2021

Aashish carried the analogy further, saying that to play a strong hand in the COVID-10 era requires: Unbiased risk assessment of current processes, technology, supply chain (a business’s current hand). Mobile Operators and Coronavirus: Ideas To Help Slow The Spread. Investment to redefine for new normal (continued table stakes).

Analytics 52

Analytics Analysis Lending Management 52

Insights on Business

DECEMBER 15, 2015

Because traditional banks are often burdened with inflexible and costly legacy systems, they often struggle to redefine new operating and business models. Leaders of the future are already moving forward and equipping their organizations and people with new skills, cultures, technology and processes. Banking Redefined Infographic.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

FICO

JUNE 22, 2017

Increasingly in today’s age, terrorist organizations and dangerous criminals finance their operations by laundering money in global financial institutions, presenting a huge public policy problem for regulators and policymakers. For more information, see our white paper on Advancing AML Compliance with Artificial Intelligence.

Tools 55

Tools Compliance Innovation social media 55

Insights on Business

DECEMBER 15, 2015

Because traditional banks are often burdened with inflexible and costly legacy systems, they often struggle to redefine new operating and business models. Leaders of the future are already moving forward and equipping their organizations and people with new skills, cultures, technology and processes. Banking Redefined Infographic.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

Because traditional banks are often burdened with inflexible and costly legacy systems, they often struggle to redefine new operating and business models. Leaders of the future are already moving forward and equipping their organizations and people with new skills, cultures, technology and processes. Banking Redefined Infographic.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Tomorrow's Transactions

OCTOBER 27, 2014

As has been remarked more than once, and in many contexts, if your wallet gets stolen then it’s your driving licence, social security card and Portugese fishing licence that are the problem, not your money. Banks are well positioned as is explained in a recent white paper (link) of the European Banking Association (EBA).

Mobile 52

Mobile Apple Google Cards 52

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” It’s secure, it’s cheap, it’s faster than a speeding bullet. Is it one those amazing blockchain things?

Bitcoin 100

Bitcoin blockchain Video Apple 100

Fintech Labs Insights

JUNE 29, 2016

This challenge has guided the improvements made to Fenergo’s technology, providing a rules-based process to identify and conduct due diligence on reportable clients and accounts. “This is a huge operational undertaking forcing financial institutions to be able to manage each of the rules from every jurisdiction,” she said.

Compliance 15

Compliance Taxes Management Regulation 15

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. Maria Gurina (Bus.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. Diana Chin (HR & Operations). It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations).

Video 40

Video Mobile social media Analytics 40

PYMNTS

OCTOBER 31, 2018

Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. As reported in July via white paper, the U.K.

blockchain 201

blockchain Fraud Data Study 201

PYMNTS

JANUARY 27, 2017

One of blockchain technology’s earliest corporate supporters just recently completed testing for its blockchain-based proxy voting system. During the test, shareholders using the blockchain-based technology were successfully able to vote online during investor meetings or transfer voting rights to a proxy.

blockchain 100

blockchain Meeting Security Capital 100