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How Process Mining Accelerates Efficiency for Highly Regulated, Customer-obsessed Industries

Perficient

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Diagnosing and Correcting Process Failures Despite the billions spent yearly to digitize processes, companies often are not operating at their maximum potential.

Industry 221
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Member business lending: How to leverage MBL for credit union growth

Abrigo

It also recommends including projections related to loan pricing, operating expenses, and delinquency. In developing an appropriate strategy , credit unions should analyze the various plausible approaches they may take given their personnel, operational, and financial resources. Use well-supported appraisals for credit decisions.

Lending 221
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10 Reports every bank and credit union should run NOW

Abrigo

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. Regulators review them to assess safety and soundness.

Report 195
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Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation

Bobsguide

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. As well as margin call calculations, it handles counterparty messaging, dispute management, substitutions, settlement and interest payments, and it optimizes bank security inventory for collateral pledges. Paddington.

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Watson at Work at IBM Think: Meeting compliance through cognitive computing

Insights on Business

Up to 200 regulatory changes occur every day, varying from large scale regulation like Dodd Frank, to minute changes to the font and size of footnotes in regulation text. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs.

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BitFlyer Halts New Accounts Amid Regulatory Crackdown

PYMNTS

With Japan’s Financial Services Agency (FSA) bringing business improvement orders against multiple exchanges, some crypto exchanges are limiting their operations: At least one exchange said it would stop taking on new clients and review some of its existing clients, Seeking Alpha reported. The price of bitcoin was $6,196.19 as of 4:02 p.m.,

Bitcoin 100
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B2B Startup Investors Go After The Niche Markets

PYMNTS

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. The debt funding marks the largest provided to an Indian startup in about two years, reports in VCCircle said. Growth Street.

Marketing 109