Independent Banker

OCTOBER 14, 2014

In fact, the FFIEC even released guidance in December 2013 on social media, entitled “Social Media: Consumer Compliance Risk Management Guidance.” Section IV, Risk Areas, is helpful in evaluating risk and ensuring social media activity complies with regulations. It is no wonder banks are joining in. About CoNetrix.

social media 88

social media Risk Management Compliance Community Bank 88

Abrigo

AUGUST 8, 2021

Takeaway 2 However, a loan review or credit risk review program should accomplish several key objectives. Takeaway 3 Timely risk ratings and a written review policy are critical components of effective loan review and credit review. This article is substantially updated from a 2013 blog post. Lending & Credit Risk.

System 195

System Lending Policies Regulation 195

PYMNTS

MARCH 10, 2017

Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. On the other hand, around that same time the IRS released data showing that phishing and malware incidents in the 2016 tax season increased by 400 percent.

Taxes 144

Taxes Fraud Risk Management Data 144

PYMNTS

SEPTEMBER 17, 2019

Of course, instant payments have to be secure, risk-managed and in line with regulatory requirements,” Edwards told Webster. Ingo was one of the earliest to arrive at the instant payments party, so to speak, McFarland noted, releasing its first instant push payment product in 2013 as an upgrade to its check-cashing services.

Payments 176

Payments How To Cards Risk Management 176

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

Payments 100

Payments Survey Fraud Software 100

PYMNTS

OCTOBER 10, 2018

But just as it was a disruptive force when it emerged in the mid-19th century, today the wire has secured a bit of attention as players like SWIFT move to promote faster, more efficient cross-border transfers. billion via business wire fraud between October 2013 and December 2016, the FBI calculated. Thieves attempted to steal $5.3

Fraud 116

Fraud Compliance Innovation Payments 116

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195

Community Lending Maine Resources 195

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Trust is established when you have the confidence that your data is safe and secure. Technology moves fast.

Security 87

Security Data Analytics Industry 87

Tech and Finance

JUNE 10, 2019

Department of Homeland Security last week released an update to its list of 16 critical infrastructures, which included financial services such as payments and clearing and settlement of securities. Valerie Abend, managing director, Accenture Security, said the department took a comprehensive view of security. “It

Security 31

Security Risk Management Payments National 31

PYMNTS

MAY 5, 2016

From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. It’s something of a long time coming for Aéropostale, which has closed 215 store fronts since 2013 and plans to shutter 154 more as a result of the filing. ”

Retail 100

Retail Branding Denver Management 100

PYMNTS

JULY 3, 2017

In 2013, new limits were set on the amount merchants were legally allowed to charge customers for paying by credit or debit card, and come 2018, that amount will be slashed to zero. The experts can provide everything an agent needs to accept and process payments globally, and in a secure and compliant environment.

Online 112

Online Payments Fraud Cards 112

FICO

DECEMBER 13, 2016

FICO has received a 2017 CSO50 Award from IDG's CSO for for its next-generation application security program, which accelerates the delivery of robust, secure applications.

Software 40

Software Leadership Risk Management Security 40

FICO

DECEMBER 13, 2016

FICO has received a 2017 CSO50 Award from IDG's CSO for for its next-generation application security program, which accelerates the delivery of robust, secure applications.

Software 40

Software Leadership Risk Management Security 40

Jeff For Banks

JULY 15, 2013

Shell Shocked If you are a fixed income investor, you have seen the worst that the markets have to offer in the second quarter of 2013. Mutual funds and ETFs specializing in mortgage backed securities saw their worst quarter in terms of losses and outflows since 1992. But here we sit in the new, volatile reality. What About the Data?

Marketing 81

Marketing Dallas Policies Groups 81

BankUnderground

MARCH 6, 2024

Overall, UK corporate bond issuers appear broadly resilient to higher financing costs, but risks are higher for riskier borrowers particularly if the macroeconomic outlook and funding conditions were to deteriorate. What is refinancing risk? in 2013 ( Bank Rate of 0.5% as at December 2013 plus high-yield OIS spread of 4.4%).

Policies 85

Policies Lending Data Marketing 85

Jeff For Banks

OCTOBER 11, 2011

In August, for the first time since the 1940s, the Fed made a two year “promise”—to keep short term rates at their current exceptionally low levels until mid 2013. So, disappointment in the “promise” to keep short term rates low until 2013 led to another historic action in September. They haven’t tried a “twist” since the 1960s.

DC 65

DC Security Washington Risk Management 65

Jeff For Banks

JANUARY 19, 2013

They announced another quantitative easing program—this time, QE3—part 2, in which they will buy $45 billion a month in Treasury bonds in addition to the $40 billion per month of mortgage backed securities that they are buying for QE3. 4% in 2013, rather than -1.2% Yes, folks, that would be $1 trillion per year! for the whole cliff.

Taxes 70

Taxes Philadelphia DC New Jersey 70

Jeff For Banks

JULY 9, 2012

Dimon and his bank have long been viewed as one of the best run banks in the world and leaders in risk management. They are even credited with developing one of the premier risk measurement systems called Value-at-Risk to measure daily losses that can occur at designated standard deviation intervals. and for 2013 by 0.4%

Taxes 65

Taxes Washington Risk Management Marketing 65

Jeff For Banks

OCTOBER 27, 2013

Throughout the summer, the great bond market selloff of 2013 continued on. Treasuries, Agencies, mortgage backed securities, corporate, municipals- all were battered because the markets believed that the Federal Reserve was about to cut the amount of, or “taper,” its $85 billion of monthly purchases of long term bonds.

Washington 78

Washington Marketing Data Regulation 78

Jeff For Banks

OCTOBER 19, 2012

First of all, if they continue to buy securities, they are removing many of the high quality securities from the marketplace, possibly causing a disruption or shortage in the markets. trillion of securities amassed during QE1 and QE2. So stay tuned! Thanks for reading.

National 78

National Security US Massachusetts 78

Jeff For Banks

APRIL 5, 2012

They purchased securities during the crisis and stepped up where they could as a lender of last resort. trillion of securities. Last summer, they went where no Fed has gone before and “promised” to keep rates low until 2013, then earlier this year extended the “promise” until the end of 2014. Thanks for reading!

Security 74

Security Taxes Marketing Policies 74

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept.

Lending 135

Lending Fraud Management San Francisco 135

Jeff For Banks

OCTOBER 21, 2010

Every month, we keep getting their pledge to “keep rates low for an extended period of time” and their promise that, if the economy slips further, the Fed may begin additional purchases of securities in the marketplace to add money to the system. When we needed action in the second quarter, the Fed did not act. Thanks for reading!

Taxes 60

Taxes Marketing Capital Policies 60

Gonzobanker

DECEMBER 22, 2015

One internal memo acknowledges the weaknesses in the bureau’s methodology and admits to the litigation risks in its case against Ally. FFIEC’s Cyber Security Self-Assessment Tool. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M. Thank You Sir, May I Have Another?’ Demo Quote.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

APRIL 27, 2016

” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. “FinTech continues to be at the forefront of innovation, and that requires equally innovative RegTech solutions for risk management, security, and fraud,” Zac Cohen, Trulioo General Manager said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

Fintech Labs Insights

AUGUST 22, 2024

Stratyfy: Raised $12M, decision intelligence technology gaining traction, particularly in risk management. Spring 2022 (San Francisco): Array: Credit and identity management platform, seeing increased adoption due to robust features and user-friendly interface.

San Francisco 15

San Francisco New York San Jose Tools 15

CB Insights

DECEMBER 5, 2017

Stated investment focus: Mobility & connected car, connected home & properties, insurtech & weath management, digital health, cybersecurity & data intelligence. Investment frequency: Average of 4 new portfolio companies per year since 2013. Aviva has committed £100M ($127M) to invest over the next five years.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.

Video 175

Video Capital Lending Security 175

CB Insights

OCTOBER 6, 2017

In 2013, Nike invested in California-based industrial robotics startup Grabit , which is currently deployed in some of Nike’s manufacturing facilities. An Oxford University study published in 2013 estimated that nursing jobs have less than 1% probability of being automated. But there are hurdles on the road to automation.

Software 69

Software Industry Retail United States 69

William Mills

SEPTEMBER 12, 2017

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. Helps companies secure email, chat and collaboration platforms communicate with confidence. I don’t think I know these folks, but they seem like they have a pretty good security product.

Samsung 69

Samsung Mobile User Experience Google 69

CB Insights

SEPTEMBER 22, 2017

Deals to regtech startups have increased steadily (if at times slowly) over the past few years, from 83 deals in 2013 to 147 last year. Using CB Insights data, we dug into deal and funding trends to regtech startups, 2013 – 2017 YTD (9/10/17). You can see 100+ startups innovating in this area in our regtech market map.).

Compliance 46

Compliance Trends Software Capital 46

CB Insights

OCTOBER 4, 2018

This summer, Reuters reported that in 5 years, tech services (including online risk management and fraud prevention for financial institutions) will make up 65% of Ant’s revenue, compared to 34% in 2017. Perhaps Ant’s savviest moves have been in wealth management.

US 78

US Fintech Mobile Regulation 78