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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch. Deloitte expects synthetic identity fraud to generate losses of at least $23 billion by 2030. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. Once they run buzzwords and innovations through management’s “B.S.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

The collaboration aims to fill one-third of CU leadership positions with diverse individuals by 2030, and plans to provide education services, referrals and consulting services to execute this diversity initiative. For more on these and other CU news items, download this month’s Tracker.

Nevada 192
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Practical AI Use for Community Banks

Jeff For Banks

To stay ahead, we must blend our community roots with cutting-edge innovation. Impact: AI automation could save banks $1 trillion by 2030 (McKinsey, 2024). AI could generate $779 billion in new banking revenue by 2030 (ZipDo, 2024). Phase 3: Innovation (2026) Explore advanced features, like predictive lending analytics.

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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

“Through BayanPay, Finablr will support the Kingdom’s strategic objectives of becoming a cashless society, one of the goals of the Financial Sector Development Program under Saudi Vision 2030. BayanPay has an extensive suite of portfolio solutions, including BayanPay Business and BayanPay Wallet.

Payments 130
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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

Levey added that he is confident that Emmett’s “leadership will help make Libra's vision a reality.". “I I am delighted to be joining Libra Networks with a mission to enhance financial innovation,” said Emmett. Libra Association, launched in June 2019, describes itself as an “independent member organization.” On the heels of the U.S.

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Finastra research points to open finance progress

Bobsguide

These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.