Insights on Business

MAY 23, 2016

It’s no secret that the volume and depth of regulations have positioned regulators as the top “customer segment” for many global financial services organizations, that’s why financial services risk management is so important. And, these banks typically focus on either a portfolio of assets, a geography, or a line of business.

Compliance 70

Compliance Risk Management Regulation Data 70

Insights on Business

JULY 1, 2019

Until recently, the words “customer experience” and “compliance” didn’t really come up in the same conversation – let alone exist in the same universe. Silos have already caused enough damage – there’s no reason this data can’t serve both the customer experience and compliance groups equally.

Compliance 96

Compliance Customer Experience Analysis Data 96

Insights on Business

MAY 23, 2016

Instilling compliance into an organization from a cultural, functional, and infrastructure perspective is no easy feat. Given the complexity of the regulations and how organizations have traditionally tackled this problem, compliance executives know that there is no guaranteed elixir.

Compliance 79

Compliance Regulation Data Risk Management 79

PYMNTS

JULY 19, 2018

But the regulatory landscape is becoming more unforgiving in some ways, with data privacy and consumer protection top of mind. The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations.

Fintech 107

Fintech Risk Management Big Data Management 107

ABA Community Banking

FEBRUARY 18, 2019

Staying ahead of financial crime and compliance risk has become more complex and expensive than ever before Financial Research Feature Financial Trends Technology Risk Management Feature3 AML & Fraud Security Tech Management BSA/AML Fintech Payments Risk Adjusted Checks/Remote Deposit Capture Compliance Management Compliance/Regulatory Cyberfraud/ID (..)

Compliance 45

Compliance Big Data Risk Management Fraud 45

PYMNTS

MAY 17, 2018

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

Management 108

Management Risk Management Analytics Big Data 108

BankUnderground

JUNE 25, 2020

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services.

Data 131

Data Big Data Regulation Risk Management 131

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Insights on Business

DECEMBER 15, 2015

Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities. Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important.

Risk Management 120

Risk Management Analytics Big Data Leadership 120

Insights on Business

DECEMBER 15, 2015

Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities. Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important.

Risk Management 70

Risk Management Analytics Big Data Leadership 70

Insights on Business

DECEMBER 15, 2015

Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities. Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important.

Risk Management 70

Risk Management Analytics Big Data Leadership 70

Insights on Business

DECEMBER 15, 2015

Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities. Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important.

Risk Management 70

Risk Management Analytics Big Data Leadership 70

PYMNTS

JULY 11, 2017

More than two-thirds told researchers that compliance and regulatory requirements are holding them back from providing more trade finance in the short term, while cost control pressures were identified as the top challenge for FIs’ (financial institutions) trade finance operations.

Analytics 109

Analytics Risk Management Fintech Data 109

PYMNTS

JUNE 20, 2017

Specifically, he said, there are a few lackluster key performance metrics in the report that suggest the procurement department continues to struggle to meet its cost savings goals, like spend under management and the ability to drive compliance. Both of these are relatively low,” he said.

Survey 125

Survey Data Analytics Meeting 125

Gonzobanker

MARCH 6, 2020

Loan and deposit operations processes often utilize myriad systems to manage daily work. These systems are key components of performance optimization, which relies on technology to address operational inefficiencies or data integrity challenges by automating current manual processes or leveraging under- or non-utilized system capabilities.

Operations 83

Operations System Groups Technology 83

Gonzobanker

AUGUST 17, 2016

For banking, top business drivers have included customer engagement and innovation, but also just plain old know-your-customer regulatory and compliance expectations. Reduce the cost of compliance by presenting regulatory information in an enterprise-wide dashboard. Got Big Data Under the Hood? But, let’s face it.

Leadership 60

Leadership Tools Big Data Risk Management 60

Gonzobanker

OCTOBER 30, 2014

Necessity being the mother of invention, they have deployed solutions that allow deep digital interviews (recorded for subsequent review by line managers), testing for certain positions, and a success rate that may not quite match face-to-face but is pretty close. People analytics is the new frontier. Stay tuned on this one.

Resources 96

Resources Training Tools Analytics 96

Fintech Labs Insights

NOVEMBER 18, 2015

InvestGlass’ engagement tool uses customizable artificial intelligence to enable easy compliance for financial professionals. Outside IQ’s DDIQ- cob uses a cognitive computing engine with natural language processing to offer financial execs and investors advanced compliance due diligence.

Company 12

Company Comparison Customer Experience Management 12

PYMNTS

OCTOBER 10, 2016

203 billion to be spent on Big Data analytics solutions by 2020 , said IDC, highlighting banking and manufacturing as the industries that will fuel this spend. That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions.

Big Data 100

Big Data Analytics Data Survey 100

Tomorrow's Transactions

DECEMBER 19, 2016

2017 will see the emergence of the next generation of innovation in fintech that addresses risk management and regulation for the bank. We expect that regulatory technology, also known as regtech, will emerge as a separate area of innovation…. From 2017 predictions | Business Analytics 3.0. Digital Identity.

Mobile 30

Mobile Retail Trends Security 30

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Number of investments (since 2012): 2. Stated investment focus: N/A.

Strategy 28

Strategy Marketing Analytics Innovation 28

Tomorrow's Transactions

SEPTEMBER 15, 2016

Even at a pure compliance level these PSD2 regulations pose significant questions for the structure of the existing payments industry. I think that in order to understand what might actually happen on the ground in the UK, you need to imagine what will happen at the crossing of three streams.

Data 30

Data Security Retail Regulation 30

ForwardBanker

DECEMBER 28, 2017

Well, the end of the year is quickly approaching which is a great time to recap another great year for our blog. I just wrapped up my fifth year of being editor of the blog and I am excited about some of the changes we’ve seen this year. We did a reorganization of the existing.

Meeting 33

Meeting Big Data Risk Management Community Bank 33

Gonzobanker

DECEMBER 22, 2014

Execution Matters Big-Time Award – Data warehouse. The “We Don’t Need No Stinkin’ Big Data Because Small Data Works Just Fine” Award – Loan pricing engines. Processes where the performers are educated and incented to deliver customer-focused results, not compliance-driven requirements.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Fintech Labs Insights

JULY 17, 2015

Regulatory compliance solutions for new account opening. Independent source of consensus credit risk. Big data analytics for financial institutions. Tags: Data analytics, business intelligence, BI. In total, 20 companies raised $294 million, all in equity (as far as we know). HQ: Dublin, Ireland. Total raised: $80.4

Fintech 12

Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

JULY 14, 2016

CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Data analytics platform. Risk Focus. Risk management for capital markets. Tags: Institutions, compliance, risk mananagement, trading, investing. Buzz Points grabbed $1.8 Source: Crunchbase.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

JANUARY 18, 2016

Derivative risk management. Data analytics for financial services companies. Tags: Enterprise, BI, metrics, analytics, big data. Source: Finovate. Latest round: $7 million Debt. Total raised: Unknown. HQ: Surrey, British Columbia, Canada. Source: Crunchbase. Blockchain technology for securities. FI Navigator.

Company 12

Company New York City Fintech San Francisco 12

PYMNTS

JUNE 19, 2017

The tech behemoth is using Watson, the artificial intelligence platform, to launch software that helps FIs deal with financial regulations, with an eye on compliance. Those software products come from, respectively, Watson Regulatory Compliance, IBM Financial Crimes Insight and IBM Algo One Big Data Foundation.

Regulation 116

Regulation Compliance Software Big Data 116

Gonzobanker

DECEMBER 19, 2016

While there has been plenty of talk for years around big data, intelligence and analytics, pragmatic applications of machine learning in other industries has inspired a great deal of new funding and projects this year. Get ready for more painful software changes and mountains of new HMDA data reporting. see [link] ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

While there has been plenty of talk for years around big data, intelligence and analytics, pragmatic applications of machine learning in other industries has inspired a great deal of new funding and projects this year. Get ready for more painful software changes and mountains of new HMDA data reporting. see [link] ).

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2015

Using cutting edge technology, Auvenir is setting the new standard in compliance and assurance. Big Data Scoring helps lenders harness big data to make better credit decisions. ThetaRay is a leading provider of big data analytics and solutions for operational efficiency and risk detection.

Company 12

Company Software Analytics Mobile 12