Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Greater availability of data, facilitated by real-time integrations makes it possible for compliance experts to monitor a wide variety of sources.

Compliance 122

Compliance Management Regulation Analysis 122

Abrigo

SEPTEMBER 24, 2024

You might also like this checklist, "6 steps for compliance with the new AML/CFT program rules." DOWNLOAD Takeaway 1 A human-in-the-loop approach plays a vital role in ensuring that AI systems effectively support alert and case management for AML/CFT suspicious activity monitoring.

Software 195

Software Management Compliance Resources 195

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

Compliance 221

Compliance New York Regulation Analysis 221

Perficient

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

New York 221

New York Compliance Regulation Analysis 221

South State Correspondent

JUNE 20, 2024

Banks don’t have enough product managers. A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. This article further explores what it means to be a bank product manager. What is Bank Product Management?

Management 195

Management Training Strategy Compliance 195

Abrigo

JUNE 28, 2024

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Community Bank 195

Community Bank Strategy Community Management 195

Bobsguide

MAY 14, 2022

Selected partners will deliver independent assessments and provide additional perspectives in specified areas that could be included in assessing the Banks’ risks and/or reviewing Banks’ compliance with the regulatory requirements.

Compliance 145

Compliance Risk Management Analysis Maine 145

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management. Textual analysis. Credit Decisions. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

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. See tailored AML/CFT solutions that can improve your compliance. Learn more 1.

Compliance 221

Compliance Training System Management 221

Abrigo

MAY 22, 2019

Department of the Treasury recently published A Framework for OFAC Compliance Commitments to provide financial institutions and other organizations with OFAC’s perspective on the essential components of a sanctions program. Financial institutions have the tools needed to ensure a sound OFAC Compliance Program thanks to this new guidance.

Compliance 150

Compliance Regulation Regional United States 150

Perficient

JUNE 12, 2020

DataOps is a collaborative data management practice focused on improving the communication, integration and automation of data flows between data managers and data consumers across an organization. DataOps then is concerned with the steps between data collection and analysis. Data Quality and Master Data management.

Tools 322

Tools Data Training Analysis 322

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . What are model risk management and model validation? Appropriate” and “timely” are relative concepts, so for low-risk models, an analysis might occur every three years.

Risk Management 195

Risk Management Management Regulation Analysis 195

Perficient

MARCH 22, 2021

Managed service offerings (MSO) is the department in an organization responsible for all application support activities. Typically, MSO tracks and reviews weekly report on the following deliverables: Incident, problem, and change management. SLA compliance based on incident priority. Level 2: Root cause analysis.

Analysis 294

Analysis System Groups Management 294

Abrigo

FEBRUARY 24, 2022

Takeaway 3 Two methods of measuring short-term interest rate risk are a gap analysis and, more commonly, an income simulation. As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management.

Management 195

Management Analysis Strategy Policies 195

PYMNTS

SEPTEMBER 17, 2018

Fleet management has vast opportunities in digitization. Worse, Teletrac Navman concluded, fleet managers’ return on investment (ROI) for the technologies they did adopt has dropped. Technology adoption is at an all-time high for this industry, according to Teletrac Navman’s recent Telematics Benchmark Report: U.S.

Compliance 139

Compliance Industry Technology Data 139

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. Takeaway 3 Diving deeper into depositor pricing and evaluating loan pricing to ensure compensation for the risk are among strategies to manage interest rate risk. Stay up to date with Abrigo advisors' ideas for managing interest rate risk.

Risk Management 195

Risk Management Management Strategy Lending 195

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

Abrigo

MAY 2, 2024

We'll cover everything from understanding the borrower's needs to the fundamentals of financial analysis and the importance of building a trusted relationship with borrowers. Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework.

Lending 221

Lending Strategy Analysis Policies 221

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. The idea of robust supplier and third-party risk management was rarely the topic of conversation for the C-suite.

Risk Management 148

Risk Management Management Analysis Strategy 148

Abrigo

JANUARY 21, 2025

However, compliance departments are frequently understaffed. How would your institution manage this additional workload while maintaining compliance with daily deadlines? With a Suspicious Activity Monitoring Services package, Abrigo assigns experienced financial crime professionals as project managers for the institution.

195

195

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

PYMNTS

AUGUST 23, 2018

The data security requirements have wide-reaching implications for businesses across sectors, but as companies expand globally and business partners connect on digital channels, supply chains’ GDPR compliance is an increasing focus of security and compliance initiatives in the enterprise.

Compliance 119

Compliance Data social media Security 119

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. In the U.S., However, there is a range of other areas of noncompliance risk for these businesses.

Compliance 117

Compliance Risk Management Lending Regulation 117

Perficient

JUNE 16, 2020

Data Integration and Compliance. Automatic maintenance updates, streamlined data privacy, patch and vulnerability management are all examples of the package with cloud. Cloud Adoption and Collaboration. Ease provider adoption with cloud platforms that increase collaboration between both colleagues and patients.

Google 322

Google Colorado Data Compliance 322

PYMNTS

DECEMBER 8, 2020

3DS2) compliance. Spreedly’s 3DS2 offering takes in and transmits cardholder information to its 3DS2 server to conduct transaction risk analysis and heighten the cardholder’s probability of a frictionless checkout experience, according to the post. Spreedly announced Tuesday (Dec.

Compliance 140

Compliance Payments Analysis Software 140

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." So how can banks help customers keep up in uncertain markets?

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations, while protecting their customers and brands.”

Compliance 115

Compliance Retail Branding Management 115

PYMNTS

AUGUST 23, 2019

And blockchain analysis firm Chainalysis announced the launch of suspicious cryptocurrency transaction alerts in Chainalysis Know Your Transaction (KYT). It is the first compliance alerts solution available across 15 cryptocurrencies.

blockchain 124

blockchain Analysis cryptocurrency Bitcoin 124

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. A loan origination system automates, manages. Compliance. You might also like this report on commercial loan automation systems DOWNLOAD. Here's what a loan origination system is.

System 338

System Lending Software Analysis 338

Abrigo

OCTOBER 8, 2014

Regulatory compliance. Risk management. Regulatory Compliance. The greatest business concerns for the banks were regulatory compliance, growing loans and managing risk, with regulatory compliance topping the list by a wide margin. Managing Risk. Risk analysis. Risk management reporting.

Community Bank 191

Community Bank Community Strategy Risk Management 191

PYMNTS

JULY 2, 2019

In response, data — both the aggregation and analysis of it — is increasingly vital to remaining compliant, and fighting financial crime. ” Acuris Risk Intelligence positions itself as a service provider for FIs, allowing them to access the information they need to manage compliance. “Regulators in the U.S.

Compliance 115

Compliance Regulation Data Analysis 115

Perficient

JUNE 19, 2024

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. Conquer Compliance The insights that Carl and Chandni gathered at XLoD highlight the ongoing evolution within the industry.

Exercises 221

Exercises Compliance Risk Management Video 221

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

Perficient

JANUARY 28, 2021

Company A has set a project scope that excludes the current requisition process citing concern for internal change management and perceived efficiency. High value purchase orders routed to additional procurement management levels as required. As requisition created in purchasing system the line level details offer ongoing analysis.

System 322

System Operations Analysis Management 322

Abrigo

DECEMBER 29, 2023

CFPB 1071 rule: Checklist for compliance success Despite efforts to scrap the new small-business lending rule finalized in 2023, financial institutions have continued to prepare to comply. The most popular resource on lending and credit topics in 2023 was this checklist to help prepare for compliance.

Resources 221

Resources Lending Risk Management Policies 221

Perficient

NOVEMBER 19, 2024

While not legally binding, the Guidelines are expected to support and induce voluntary efforts by developers, providers, and business users of AI systems through compliance with generally recognized AI principles and are similar to the EU regulations discussed previously in that they propose a risk-based approach.

Regulation 221

Regulation Guidelines System Compliance 221

Insights on Business

JANUARY 3, 2019

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. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128