Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

Banking Exchange

NOVEMBER 22, 2021

OCC, Board, FDIC will require banks to report incidents within 36 hours Compliance Compliance Management Compliance/Regulatory Cyberfraud/ID Theft Security Mobile Online Core Systems Risk Management Technology Feature Feature3.

System 159

System FDIC Risk Management Compliance 159

Abrigo

DECEMBER 22, 2023

Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. They’ve also focused on managing interest rate risk in a rising rate environment. Here are Abrigo’s 10 top lending and credit risk blogs in 2023.

Lending 221

Lending Risk Management Community Management 221

Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. A key challenge for banks is the lack of systems needed to efficiently aggregate data from across the banking group for use in.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. It can fully accommodate rapid business expansion and future needs for competitive Treasury management operations.”.

Risk Management 160

Risk Management Software Tools Management 160

Insights on Business

JANUARY 3, 2019

For financial institutions, the benefits of moving away from legacy in-house systems to the cloud are obvious. To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework.

Risk Management 128

Risk Management Management Regulation Guidelines 128

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Transition risks are those caused by shifts in policy, consumer and business sentiment, and technologies in conjunction with necessary measures to limit climate change.

Risk Management 78

Risk Management Management Policies Operations 78

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Are there many regulatory requirements?

Analysis 195

Analysis Industry Risk Management Lending 195

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 275

Risk Management Tools Exercises United States 275

Insights on Business

JUNE 11, 2019

Compared to traditional data centers, I believe that cloud computing has several characteristics that make it an attractive platform for risk management. First of all, the compute requirements for risk management can vary over time.

Risk Management 87

Risk Management Management Examples Resources 87

The Paypers

JUNE 10, 2020

US-based financial service provider Conformance Technologies has announced that Atlantic Pacific Processing Systems (APPS) will use its solution for real-time risk management.

Risk Management 28

Risk Management Technology Management US 28

South State Correspondent

APRIL 4, 2024

An aging population, higher federal debt as a percentage of GDP, and higher interest rates will change the way community banks view risk, manage relationships, use technology, and generate revenue. Community banks must deliver best-of-class treasury management products to capture this valuable banking product.

Risk Management 195

Risk Management Community Bank Policies Community 195

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 107

Risk Management Fraud Management Survey 107

Perficient

SEPTEMBER 16, 2022

Concerned that crypto-asset-related activities pose risks related to safety and soundness, consumer protection, and financial stability, the Supervisory Letter also emphasized that FRB member banks and affiliates must have adequate systems and controls in place to conduct crypto-asset-related activities. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

American Banker

SEPTEMBER 14, 2020

Citigroup will establish new internal oversight guidelines, spend more on technology and take other steps to upgrade risk systems, CFO Mark Mason said at an industry conference in discussing the aftermath of the bank’s mistaken $900 million payment.

Risk Management 73

Risk Management Guidelines Management Conference 73

Banking Exchange

JUNE 9, 2021

ABA warns of wide-ranging impacts of central bank digital currencies Risk Management Technology Feature3 Fintech Feature Financial Trends Blockchain Bitcoin Cryptocurrency.

System 88

System Risk Management Bitcoin cryptocurrency 88

Insights on Business

NOVEMBER 28, 2018

While other industries are moving beyond the use of the internet as a communications channel and deploying business applications on the cloud, most of the core banking applications still run inside company-owned and managed data centers. However, the cloud offers many compelling advantages over traditional technology platforms.

Risk Management 102

Risk Management Innovation Management Resources 102

Accenture

JUNE 22, 2022

The technology behind lending systems has advanced significantly in recent years, and commercial banks are keen to take advantage of those advances and improve their processes to unlock the value that modern systems can provide.

How To 387

How To Management Lending System 387

Perficient

JANUARY 31, 2022

One area mentioned by the company as an issue was a gap in its multi-factor authentication (MFA) system. The company did not specify whether hackers intercepted one-time passwords, whether Crypto.com’s system allowed transactions to go through without the passwords, or whether something else occurred.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Bobsguide

DECEMBER 26, 2016

Referring to technology that is designed to help banks and other financial institutions (FIs) comply with the increasingly complex regulation of their sector, reg-tech is now. In an industry prone to hype and hyperbole, ‘reg-tech’ is one of the hottest new buzzwords on the block.

Risk Management 112

Risk Management System Management Regulation 112

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

FEBRUARY 16, 2024

Embrace technology: Unlike in the past, today's banks have access to advanced systems that can streamline scheduling processes, such as loan administration software. Foster a collaborative environment where both parties can share insights and make informed decisions together, leading to more efficient scheduling and risk management.

Training 195

Training Risk Management Analysis Policies 195

Perficient

MARCH 23, 2021

Challenges seen in the market include the mapping from the trading system(s) and the general ledger or subledger to perhaps a data warehouse used for regulatory reporting, into the mapping required for the actual regulatory report. 2052A Regulatory Calculations are available from Oracle FS Liquidity Risk Management.

Report 294

Report Tools Risk Management Data 294

Abrigo

OCTOBER 17, 2023

More recently, the OCC identified change management as one of its supervision priorities for the year ahead. Why change management helps banks and credit unions: Enhanced adaptability : Financial institutions are subject to numerous regulatory changes, technological advancements, and market fluctuations.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

DECEMBER 14, 2023

Define actionable plans, such as what additional staff or technology you need to accomplish your goals. It’s essential to involve your board and executive management in pre-planning steps to ensure everyone’s input is collected and heard. What specific technologies would you like to see us pursue for a better customer experience?

Lending 221

Lending Risk Management Meeting Survey 221

Perficient

NOVEMBER 27, 2023

Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities. This is partly due to processes being forced to run across a rigid and fragmented technological landscape. Instead of creating value, digitization often creates execution gaps.

Industry 221

Industry Regulation Compliance Data 221

Perficient

JUNE 11, 2020

A holistic pharmacovigilance system is not just adverse event cases entered into a database and endless line listings spit out for analysis. Technology plays a critical role in making this a reality. Remember the tenants of safety surveillance, but also the total risk management system.

Analytics 309

Analytics Risk Management System Analysis 309

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . New technology is not a silver bullet. One of the most integral pieces to the success of new technology is garnering buy-in across the institution.

Fintech 195

Fintech How To Innovation System 195

Banking Exchange

OCTOBER 2, 2019

Proactive Threat Interference® provides protection not offered by other cybersecurity approaches Risk Management Risk Adjusted Technology Compliance Security Online Mobile Operational Risk Compliance Management Feature3 Feature Cyberfraud/ID Theft.

Security 60

Security System Risk Management Compliance 60

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

APRIL 26, 2017

At Kyriba we see technology as an enabler. If the payment is made to an account that has infiltrated the client system, it is challenging to detect, especially if you are an organization who makes thousands of payments per day to hundreds of suppliers around the world.

Risk Management 100

Risk Management Management Innovation Resources 100

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws.

Risk Management 40

Risk Management Management Security Guidelines 40

PYMNTS

JUNE 10, 2020

To help facilitate global small and medium-sized business (SMB) trade, Morgan Goodwin has linked its EdgeCTP digital trade technology with the WU EDGE system of Western Union Business Solutions. In separate news, Western Union teamed with Integral for Integral BankFX, a new risk management solution.

Risk Management 131

Risk Management Customer Experience Technology System 131

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec.

Payments 205

Payments Risk Management Fraud Mobile 205

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. The Big 3 core vendors are loath to use the term “sunset,” but they are essentially doing just that to a number of tried and true, reliable systems, nudging FIs to evaluate their options.

Strategy 156

Strategy System Risk Management Technology 156

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195