Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Compliance, technology integration, and attracting younger customers were among the panel’s chief concerns.

Compliance 221

Compliance Community Bank Community Conference 221

Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

Perficient

JULY 2, 2024

Navigating the complexities of cloud technology requires an exceptional partner. We are thrilled to announce that Perficient has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment (Doc #US51406224, June 2024). What Does This Inclusion Mean for Perficient?

Strategy 251

Strategy Operations Innovation Technology 251

Perficient

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes. Co-pilots: Software supported and enabled traders to operate more efficiently and swiftly.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Bank Innovation

MAY 23, 2019

The digital technology research and consulting firm predicted fintech revenue to increase from $263 billion this year to $638 billion in 2024. A new study from Juniper Research expects fintech revenue will grow 59 percent over the next five years.

Fintech 199

Fintech Study Industry Technology 199

Perficient

NOVEMBER 4, 2024

CFTC The Commodity Futures Trading Commission’s (“CFTC”) which regulates derivatives market activity, not particular technologies, issued in January 2024 a Request For Comment on current and potential uses and risks of AI in CFTC-regulated derivatives markets. However, in 2024 the FDIC reduced its public-facing role.

FDIC 221

FDIC Regulation Risk Management Compliance 221

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. In this article, we partner with Gartner to look at 2024 key IT metrics and provide strategic insight into how much your bank should be spending on IT. Technology-forward banks spend as much as 16.4% and 11.1%, with a median of 8.1%

Capital 195

Capital Operations Customer Experience Comparison 195

Perficient

NOVEMBER 1, 2024

The following year, in December 2023, the US Treasury Department issued an RFI that sought input to inform its development of a national financial inclusion strategy; that RFI included questions related to the use of technologies such as AI in the provision of consumer financial services.

Regulation 221

Regulation US Community National 221

Jack Henry

JULY 9, 2024

Improve your banking operations strategy with core modernization. Discover how your financial institution can compete more effectively in 2024 and 2025.

Strategy 109

Strategy Operations Technology 109

PYMNTS

JANUARY 22, 2020

Three words are driving dramatic technological changes in the fast food space: quality, convenience and speed. Restaurant operators are doing their best to satisfy those demands, spending billions on sophisticated, innovative solutions that improve experiences for customers who are dining in or ordering delivery or pickup.

Technology 146

Technology Operations System Cards 146

BankInovation

SEPTEMBER 27, 2023

Financial institutions have kept their noses to the grindstone this year amid industry turbulence and technological disruption. To cut costs and streamline operations, banks looked to AI to enhance self-service consumer capabilities, improve backend operations and boost developer productivity.

Operations 77

Operations Industry Technology America 77

BankInovation

JANUARY 17, 2024

Citizens Bank is looking toward AI and generative AI technology to improve operational efficiency and client experience.

Analytics 77

Analytics Data Operations Technology 77

BankInovation

JANUARY 3, 2024

Eight in 10 financial institutions will migrate at least half their core systems to the cloud starting in 2024 in search of efficient operations, robust tech stacks and quick access to data.

Trends 74

Trends System Operations Data 74

Perficient

OCTOBER 28, 2024

CFPB On June 24, 20024 the Consumer Financial Protection Bureau (CFPB) approved a new rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.

Regulation 221

Regulation Fraud Tools Compliance 221

BankInovation

JANUARY 16, 2024

PNC Financial plans to spend $425 million this year on its ongoing improvement plan, which funds business and technology investments.

Operations 72

Operations Technology Retail 72

BankInovation

MAY 10, 2024

GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global chief information officer, said at Auto Finance Summit East 2024. The captive joins financial institutions including Deutsche Bank, Scotiabank, Citigroup and others integrating AI within their operations. “The

Customer Experience 65

Customer Experience Operations Technology 65

Abrigo

AUGUST 5, 2024

The basics of counterfeit check detection for banks and credit unions Check fraud is surging and technology advances aren't helping. Read on for some common physical traits of counterfeit checks Takeaway 3 Advanced technology is crucial in detecting counterfeit checks. Staying on top of fraud is a full-time job.

How To 195

How To Fraud Training Software 195

Abrigo

FEBRUARY 6, 2024

Yet despite warnings about the high prevalence and high costs of check fraud, many banks and credit unions operate without systematic fraud prevention programs or lack the technology to combat check fraud. According to fraud strategists , check fraud is projected to soar to $24 billion in 2024.

Fraud 221

Fraud Training Trends Regional 221

Fintech Labs Insights

AUGUST 23, 2024

The 39 Largest Corporate Client/User Events in Financial Services Technology Top 25 Online Digital Accounting Services for Small Business (SMB): Aug 2024 Related Stories How Have the Finovate Best of Show Winners Fared? Some events pay referral or listing fees, which could impact positioning.

Conference 15

Conference Las Vegas San Diego San Antonio 15

Perficient

JUNE 25, 2024

Hsu, addressed the 2024 Conference on Artificial Intelligence (AI) and Financial Stability, providing critical regulatory insights on AI. On June 6, Acting Comptroller of the Currency, Michael J. Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach.

Case Study 221

Case Study Risk Management Analysis Innovation 221

Abrigo

OCTOBER 30, 2024

Increasing efficiency of compliant AML investigations To boost AML program productivity and keep pace with evolving compliance demands, financial institutions should focus on strategic operational improvements paired with the smart use of technology. What’s a leader to do? Manage risk more effectively.

Compliance 221

Compliance Training System Management 221

American Banker

AUGUST 26, 2024

A minority of American Banker's Best Credit Unions to Work For report using AI. But such projects could help excite employees about their roles and eliminate routine work.

Operations 81

Operations Report Technology 81

Abrigo

OCTOBER 17, 2023

Specifically, examiners are directed to assess how banks are implementing significant changes in the following four areas: Leadership Operations Risk management frameworks Business activities (including the use of third parties to support critical activities). Below are six such advantages.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

JULY 9, 2024

Takeaway 3 The rule also emphasizes that AML/CFT programs must be approved and overseen by the institution’s board of directors, and it encourages the adoption of new technologies. On June 28, 2024, FinCEN issued the long-awaited Proposed Rule to Strengthen and Modernize Financial Institution AML/CFT Programs. Responsibility of U.S.

Compliance 221

Compliance Fraud Regulation National 221

Fintech Labs Insights

AUGUST 16, 2024

Below is our curated list of the best global investment advisor tech events, conferences and tradeshows for 2024. Related: Top 7 Conferences for Fintech & Financial Institution Developers & CTOs in 2024 Top 21 Digital Online Bill Payment & Invoicing Solutions for U.S.

Conference 12

Conference CA Las Vegas San Diego 12

PYMNTS

MARCH 6, 2020

The Global System for Mobile Communications (GSMA) released a report that said 5G telecommunications technology will contribute $2.2 trillion to the worldwide economy between the years 2024 and 2034, according to a report by TechRepublic. Interest in the new technology is expected to continue, especially for manufacturers.

Report 138

Report Mobile Analytics America 138

PYMNTS

DECEMBER 1, 2017

Mastercard is planning to hire 470 people as the company expands its technology hub in New York City. Mastercard, the world’s second-largest payments network — which already has 250 research, development and technology employees in New York — plans to add the new jobs by 2024. The others are located in St.

St. Louis 115

St. Louis New York New York City Technology 115

Perficient

OCTOBER 15, 2024

Thankfully, in 2024, we’re spoiled with a variety of platforms designed specifically to handle this madness. Companies like American Express have adopted Alation’s tools to streamline their data governance operations.

Tools 221

Tools Data Compliance Regulation 221

South State Correspondent

NOVEMBER 6, 2024

The conference is all about sales, partnerships, and deal-making, with 2024 being right at the baseline. Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each impacting bank operations in the coming year.

Conference 195

Conference Payments Fraud Apple 195

Abrigo

NOVEMBER 13, 2024

Companies are borrowing more to cover operational costs but continue to pay suppliers on time, with payables remaining under 30 days. Early 2024 figures show a dip in DSCR to 4.62x. Those trends have driven an increase in Days Needed Financing from 77 to 93 days. However, leverage continues to improve.

Lending 195

Lending Meeting Data Risk Management 195

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. billion in losses globally last year, according to Nasdaq’s  2024 Global Financial Crime Report. For S tay one step ahead of fraudsters by investing in a fraud detection solution.

Fraud 221

Fraud Risk Management Training Software 221

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.

Management 195

Management Survey Industry Community Bank 195

South State Correspondent

MAY 22, 2024

The State of Office Lending Risk – Traffic 2024 will mark the fifth consecutive year where office demand has declined. If you add these metrics, office attendance has stabilized nationally and started to trend higher in 2024. Current usage is pegged at 61.7%. Badge swipes have been on an upward trend that should continue.

Lending 195

Lending Marketing Philadelphia San Francisco 195

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates. million in 2024.

Industry 471

Industry Trends social media Payments 471

PYMNTS

AUGUST 6, 2020

billion by 2024, indicating the corporate world’s record-high demand for instant payments. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before. The payments-as-a-service (PaaS) industry is projected to reach $16.7

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

OCTOBER 6, 2020

According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff. On Monday (Oct. 5) NCR Corp.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

MARCH 25, 2019

From Rent the Runway to McDonald’s , retailers are tapping into a world of technology that lets customers make transactions without visiting a cashier. These are just some of the ways that merchants are using digital innovations to better serve their customers with the help of kiosk and unattended retail technology: .

Retail 198

Retail San Francisco Houston Branding 198