South State Correspondent

APRIL 1, 2025

Regulatory Challenges: Banks must navigate complex regulatory environments to ensure compliance with data protection and communication laws when using RCS. Better Analytics: RCS provides detailed analytics on message delivery, read receipts, and customer interactions, enabling banks to optimize their communication strategies.

Marketing 195

Marketing Security Analytics User Experience 195

PYMNTS

SEPTEMBER 18, 2020

This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added.

Innovation 291

Innovation Payments cryptocurrency Cards 291

Bank Innovation

JULY 16, 2018

Financial institutions harnessing the power of big data must glean meaningful insights from many disparate data sets. Several startups helping banks and financial institutions make sense of data, alternative and otherwise, have emerged.

Analytics 284

Analytics Data Big Data Fintech 284

PYMNTS

DECEMBER 27, 2016

Here is the response from Joe DeCosmo, chief analytics officer of Enova International …. Payments 2016: The Year of Payment Innovation Via Predictive Analytics. This was the year for payment innovation through predictive analytics. Download the eBook.

Analytics 110

Analytics Innovation Payments eBook 110

Abrigo

OCTOBER 22, 2024

FinCrime fighters aren’t just checking boxes for compliance. Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back.

Security 221

Security Fraud Community National 221

Perficient

JULY 31, 2020

Gartner says that in order for companies to innovate “their way beyond the post-COVID-19 world, data and analytics leaders require an ever-increasing velocity and scale of analysis in terms of processing and access to succeed in the face of unprecedented market shifts.”

Data 354

Data Analytics Strategy social media 354

PYMNTS

APRIL 29, 2019

Citi announced on Monday (April 29) the launch of NextGen, its artificial intelligence-powered risk analytics scoring engine. We process nine million transactions annually, and the NextGen project will help us optimize our processes from the back office to the front by expanding the use of digitization, automation and advanced analytics.”.

Analytics 123

Analytics Compliance Innovation Operations 123

Perficient

MARCH 7, 2021

With adoption rates of Power Platform skyrocketing, so do the critical questions of groups (Security, Compliance, IT, Legal) within the organization : “How do we limit our exposure to data leaks?”. Contained within are tools to help build, automate, and provide analytics to resources across the environments in the tenant.

Resources 322

Resources Compliance Innovation Analytics 322

Insights on Business

OCTOBER 3, 2018

IBM RegTech Innovations. These technologies bring capabilities that speed risk modeling, automate fraud detection, ensure regulatory compliance, enable distributed trust, and protect sensitive financial information. Regulatory compliance today is a costly and labor-intensive business.

Industry 155

Industry Innovation blockchain Compliance 155

PYMNTS

JUNE 26, 2019

Given the average credit union’s focus on member experience, a big focus on security and smooth transactions as innovative priorities is no surprise. What is surprising, however, is how relatively anemic a showing data analytics makes in terms of executive enthusiasm, with just over a third (35.7 Where Analytics Are Working.

Analytics 118

Analytics Data Tools Fraud 118

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

Trends 221

Trends Industry Analytics Compliance 221

Let's Talk Payments

JULY 14, 2017

In the financial services industry, compliance is not an option. It is the speed-inhibiting layers of operations that are extremely expensive and becomes even more expensive if not done correctly.

Compliance 112

Compliance Company Innovation Operations 112

Insights on Business

AUGUST 22, 2018

IBM RegTech Innovations. Regulatory change is growing in size and IBM’s innovative end-to-end GRC solution , powered by Watson, is enabling the financial services industry to meet this challenge. Given these issues, it is critical that governance, risk and compliance (GRC) systems are leveraged to enhance this process.

Compliance 79

Compliance Innovation Technology Policies 79

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

PYMNTS

JUNE 14, 2016

The chief analytics officer must navigate an increasingly complex playing field of business risk, cybersecurity, financial data, employee data, and just data, period. PYMNTS: What does a day in the life of a Chief Analytics Officer look like? The numbers are the numbers – it’s the making sense of them that counts.

Analytics 100

Analytics Customer Experience Data Leadership 100

PYMNTS

DECEMBER 16, 2020

Limited penetration of card acceptance solutions across small B2B suppliers has led to many businesses missing on new innovative B2B payment solutions,” the release stated. Corporates will have improved compliance and security in strategic purchases and larger payments.

Cards 230

Cards Analytics Innovation Compliance 230

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold. billion valuation.

Innovation 124

Innovation Digital Strategies Payments Tools 124

Bank Innovation

FEBRUARY 11, 2019

BNY Mellon is on the hunt for fintech partnerships related to popular technologies like blockchain, data analytics, and AI, but also those related to more obscure technologies like natural language generation, Lucien Foster, head of digital partnerships at BNY, told Bank Innovation. “We We explore all technologies,” Foster said. “We

Fintech 186

Fintech blockchain Analytics Innovation 186

Perficient

JUNE 24, 2023

Please note that this doesn’t take into consideration other third-party software, including analytics (Google Analytics, Adobe Analytics), email marketing applications (Marketo, Klaviyo, Pardot), CRM databases (Salesforce, HubSpot), or more advanced CDPs (Tealium, Segment, or mParticle).

Tools 251

Tools Analytics Digital Strategies System 251

PYMNTS

FEBRUARY 11, 2020

The Uber Money team will be geared toward putting into place new payment methods, harnessing smart routing technologies for payment gateways, using Uber artificial intelligence (AI) models for intelligent risk decisions and enabling as well as developing financial compliance tools. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). The companies will combine their risk analytics and hedge accounting software as well, they said. “As

Compliance 100

Compliance Risk Management Tools Software 100

Bank Innovation

MARCH 1, 2017

French bank BNP Paribas doesn’t need to be the first bank to announce innovation—it just wants to be the one that’s best at executing it. “We We have a lot of brain power, a lot of computer power—and that computer power is getting cheaper and cheaper—and we are sitting on a pile of data,” Bruno D’Illiers, […].

Innovation 150

Innovation Data Big Data Analytics 150

PYMNTS

MAY 2, 2019

A press release this week said Citi is collaborating with EY and SAS on its NextGen project, which will include the development of a risk analytics scoring engine that uses AI to address friction in reviewing global trade transactions. NextGen aims to accelerate this initiative to further automate manual processes in the trade space.

Analytics 134

Analytics Compliance Analysis Resources 134

Insights on Business

JUNE 27, 2018

IBM RegTech Innovations. Interest rate risk in the banking book (IRRBB) guidelines bring ALM analytics much closer to market risk standards and add more scenarios, so banks must dive deeper into the risks embedded in their loans, deposits, and derivatives. Regulatory pressure is creating a financial data analytics crisis.

Big Data 151

Big Data Data Risk Management Analytics 151

PYMNTS

JANUARY 31, 2019

” The report also issued a slight warning to the industry: While faster payment innovations and technologies are progressing, solutions “tend to focus on technology more than risk,” with less attention paid to risk mitigation and legality than to speed. “As the U.S. “As the U.S. trillion in the U.S.

Fraud 182

Fraud Payments Compliance Regulation 182

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

Insights on Business

AUGUST 8, 2018

IBM RegTech Innovations. Nearly two years ago Lloyd Blankfein, CEO of Goldman Sachs, predicted that the demand for compliance analysts to meet the institution’s regulatory obligations would soon be leveling off : This has a Y2K feel about it – that is, we have to hire additional people because we have to get ourselves up to speed.

Compliance 79

Compliance Innovation Regulation Analytics 79

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

OCTOBER 23, 2018

22), BofA Merrill said the solution also integrates data analytics and machine learning technologies to accelerate the process. The interbank payment system has become the subject of innovative efforts as FinTech firms and banks explore how to enhance automation and transparency in the process. In a press release issued Monday (Oct.

America 190

America Analytics Regional Compliance 190

Insights on Business

DECEMBER 12, 2018

This past year brought governance, risk and compliance (GRC) to the center stage. Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. Drive efficiency across risk & compliance processes. Innovating in the open.

Innovation 111

Innovation Compliance User Experience Regulation 111

PYMNTS

OCTOBER 14, 2019

Complex regulatory demands, for instance, are a major headache, leaving supply chains at risk for noncompliance when operating with suppliers and business partners in new markets — often with unfamiliar compliance requirements. ” Take the compliance risk, for example. ”

Data 134

Data Innovation Analysis Risk Management 134

PYMNTS

SEPTEMBER 19, 2017

According to Finastra and Celent, there are a several key factors at work driving corporate banks to shift their strategies: digitization and omnichannel platforms, FinTech innovation and transformation of legacy systems.

Innovation 108

Innovation Survey blockchain Lending 108

PYMNTS

JANUARY 9, 2020

Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy. This data integration trend is also driving another critical trend in procurement and spend analytics, according to Shah: enterprise-wide collaboration. ” Collaboration Through Data. .

Analytics 154

Analytics Data Trends Technology 154

PYMNTS

SEPTEMBER 8, 2020

While consumer onboarding for banks and FinTechs has seen immense innovation in recent years, the same cannot be said for business customers, according to Kyle Mack, CEO of Middesk. As he explained, just because all of the compliance boxes are checked doesn't necessarily mean an FI should be working with a business customer.

Fintech 198

Fintech Compliance Fraud social media 198

PYMNTS

JUNE 22, 2017

A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. That impact on growth plans is concerning, Byrnes added, who said that fraud risks are preventing these executives from directing their attention inwards for their companies to innovate.

Fraud 108

Fraud Innovation Survey eBook 108

Insights on Business

FEBRUARY 14, 2019

Many financial services organizations are struggling to manage their risk and compliance exposure in the face of ever-increasing challenges. Next-generation GRC solutions offer the potential to ensure compliance with evolving regulations through transformative business capabilities. Learn more at ibm.com/RegTech.

Compliance 125

Compliance Risk Management Case Study Meeting 125