Perficient

MAY 27, 2022

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. Maintaining a service provider oversight program to address risks to service provider relationships.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Independent Banker

DECEMBER 31, 2022

Climate-related risk. In the past year, the OCC and FDIC published draft principles for climate-related financial risk management for large banks, and the SEC published a proposed rule governing the enhancement and standardization of climate disclosures for investors. Mary Thorson Wright is a writer in Virginia.

Compliance 100

Compliance FDIC Community Bank Community 100

Independent Banker

SEPTEMBER 25, 2014

Be aware of existing or emerging risk concerns. Implicit in managing operational risk is for banks to continue to maintain adequate capital and a solid balance sheet, he says. It’s not just about looking at the returns but having the due diligence and risk management folks involved.”. Virginia B. Virginia B.

Compliance 101

Compliance Regulation Community Bank Community 101

Jeff For Banks

MARCH 20, 2016

billion in asset Union Bank & Trust in Virginia had $1.1 Like most marketplace lenders, SoFi claims a borrower risk rating system that is better than the FICO score. How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management? We don't know.

Virginia 60

Virginia Risk Management Capital Comparison 60

FICO

OCTOBER 1, 2022

To help make roads safer, FICO launched the FICO® Safe Driving Score in 2016 in partnership with eDriving, a Solera company and global risk management leader emphasizing proper education and reinforcement of safe driving behaviors. Can holds a B. See all Posts. chevron_left Blog Home. expand_less Back To Top. Related posts.

Study 52

Study Analytics Groups Risk Management 52

Independent Banker

NOVEMBER 25, 2015

For instance, credit card issuers are using sophisticated segment-specific customer strategies to digitize customer acquisition and improve risk management. Kelly Pike is a freelance writer in Virginia. These insights emulate relationship banking.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

OCTOBER 1, 2022

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. Other states have enacted similar data privacy laws since the California Consumer Privacy Act came into effect, including Utah, Colorado, Virginia and Connecticut. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Gonzobanker

DECEMBER 17, 2021

Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Congrats on a brave move and national recognition Jim!

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

JULY 28, 2016

Compliance doesn’t function effectively in a silo of solitary confinement, and the business does not produce with maximum value without the risk-management activities of compliance. Mary Thorson Wright , a former Federal Reserve managing examiner, is a financial writer in Virginia.

Compliance 70

Compliance Training Community Bank Regulation 70

Fintech Labs Insights

NOVEMBER 17, 2015

Wealthforge impressed UBS judges with its automated, integrated risk management solution for issuers and intermediaries. ” Wealthforge was founded in 2011 and is based in Richmond, Virginia. ” Wealthforge was founded in 2011 and is based in Richmond, Virginia. Thiago Olsen is CEO.

San Jose 12

San Jose New York Michigan Virginia 12

Fintech Labs Insights

JANUARY 18, 2016

Derivative risk management. HQ: Reston, Virginia. Tags: Enterprise, investing, trading, risk management, security, compliance. Source: Finovate. Latest round: $7 million Debt. Total raised: Unknown. HQ: Surrey, British Columbia, Canada. Source: Crunchbase. Blockchain technology for securities. Source: Crunchbase.

Company 12

Company New York City Fintech San Francisco 12

Abrigo

NOVEMBER 17, 2023

Here’s how one Virginia-based credit union with less than $1 billion in assets described the institution’s loan processes before and after implementing a loan origination platform: “Before Abrigo, we used multiple spreadsheets, every step of the loan process was manual and separate, and none of our systems communicated with each other.

Lending 221

Lending Software System Taxes 221