Perficient

FEBRUARY 16, 2023

With ServiceNow your company could achieve accelerated development, greater speed to market, and increased team execution and delivery for Financial Institutions while adhering to compliance and risks. This includes onboarding customers, assets, and products, and issuing approvals for documents.

Operations 474

Operations Industry Compliance Management 474

Perficient

JUNE 5, 2020

As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. In most organizations, this separation is enforced by having a centralized security/compliance team that works in close relationship with the development teams.

Compliance 332

Compliance Security Software System 332

Perficient

OCTOBER 15, 2024

Lets talk about data governance in banking and financial services, one area I have loved working in and in various areas of it … where data isn’t just data, numbers aren’t just numbers … They’re sacred artifacts that need to be protected, documented, and, of course, regulated within an inch of their lives.

Tools 221

Tools Data Compliance Regulation 221

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

JUNE 9, 2020

Compliance is at the center of the lending process at financial institutions. Without the right tools and processes in place, however, compliance can be monotonous and inefficient. Financial institutions are looking for a solution to increase efficiency, decrease risk, and provide complete, defensible documentation for loan types.

Technology 195

Technology Lending Compliance Data 195

Abrigo

MARCH 21, 2025

The work being done in compliance departments across banks and credit unions is about more than just meeting regulatory requirementsits about protecting communities and stopping criminals in their tracks. Advanced technology is helping financial institutions detect patterns faster, reduce false positives, and improve SAR accuracy.

Fraud 221

Fraud Compliance System Tools 221

Abrigo

MARCH 5, 2025

The AI-driven solution enables loan review teams to complete assessments in seconds, ensuring that documentation is accurate and that potential risks are flagged early. These tools are built with data encryption, robust access controls, and compliance baked in from the start. Data security is also a major concern.

Risk Management 195

Risk Management Management Tools Compliance 195

Abrigo

FEBRUARY 25, 2025

Each step of back-end loan processingfinancial spreading, risk assessment, document gatheringrequires significant effort just to make incremental progress. Risk rating Manually assigning a risk rating to each application can involve subjectivity, and documenting decisions can be time-consuming. The results?

Lending 195

Lending FDIC Policies Analysis 195

Perficient

SEPTEMBER 11, 2023

Already reviewed by Perficient, BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. The documents were generally minimally encrypted and therefore tended to contain non-confidential information.

Compliance 221

Compliance FDIC Tools Leadership 221

Perficient

OCTOBER 28, 2024

The Comment stresses that the use of fraud screening tools, such as those offered by third-party vendors that generate fraud risk services, must be offered in compliance with ECOA and the CFPA. Fraud screening.

Regulation 221

Regulation Fraud Tools Compliance 221

Abrigo

JANUARY 27, 2025

Transaction monitoring ensures more than just compliance Without reliable client and transactional data coming into your monitoring system, either manually or automatically, you could miss crucial suspicious activity. Maintain compliance with anti-money laundering (AML) regulations. What is transaction monitoring?

Data 195

Data Compliance Fraud Training 195

South State Correspondent

MARCH 10, 2025

There are a few reasons why a B2B program may not be understandable, as follows: Documentation: The standard B2B program requires lengthy (45 to 60 pages), multiple, and cumbersome agreements. No line lender wants to explain ISDA documents to the average client. The formula to a successful B2B program is to hold the expertise inhouse.

Community Bank 195

Community Bank Community Operations Report 195

Abrigo

AUGUST 19, 2024

A strong BSA prog r am starts with FFIEC compliance Building a robust BSA program means having access to the staffing and resources you need. You might also like this podcast, "Ensuring access to the FFIEC’s suitable resources at your financial institution: What BSA compliance officers need to know.

Resources 195

Resources Compliance Management Training 195

Abrigo

FEBRUARY 20, 2025

AI can eliminate certain processes altogether while maintaining compliance and consistency to provide a better experience for customers and staff. It then offers to initiate an online application, outlining the required documents and information. Identify all roles, actions, and systems used in each process.

Strategy 195

Strategy Compliance Data Tools 195

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

Perficient

JANUARY 13, 2021

Exterro is a leading software platform focusing on an area known as Legal GRC (Legal Governance, Risk, and Compliance). Exterro helps our clients with three big e-discovery components: Locating the electronic documents. Collecting and preserving the documents and present them to the demanding party.

Software 309

Software Compliance Tools Examples 309

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 223

Compliance Tools Fraud Regulation 223

Abrigo

FEBRUARY 6, 2025

Even with strong compliance programs, theres always the potential for scrutiny from regulators. For financial institutions, this means investing in the right anti-money laundering/combating the financing of terrorism (AML/CFT) software to monitor transactions, flag suspicious activities, and ensure compliance with AML/CFT requirements.

Lending 195

Lending Compliance Community Software 195

PYMNTS

JULY 8, 2020

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates. Trulioo said it’s easy to use.

Compliance 140

Compliance Online Security Technology 140

Abrigo

JANUARY 21, 2025

However, compliance departments are frequently understaffed. How would your institution manage this additional workload while maintaining compliance with daily deadlines? Taking a vacation is often a well-deserved break, but for financial crime professionals, it can trigger significant stress.

Fraud 221

Fraud Training Analysis Compliance 221

Abrigo

SEPTEMBER 6, 2024

Updated AML/CFT programs: If their financial institution is involved in any part of the covered transaction, such as providing escrow services, AML/CFT professionals must ensure that real estate professionals and advisers are fully integrated into their institution’s compliance framework.

Compliance 195

Compliance Training Fraud Regulation 195

Abrigo

AUGUST 31, 2023

Teaching staff these KYC tips to make clients feel more comfortable In 2023, KYC procedures must both support CDD compliance and make sure your institution is a welcoming place for all customers. You might also like this resource, "Customer due diligence checklist." Miss” and thus alienating nonbinary customers.

Compliance 195

Compliance Community System Training 195

PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

Abrigo

FEBRUARY 6, 2025

Banks must document their CECL transition process thoroughly to satisfy auditors and regulators. Simply folding the acquired banks portfolio into the existing CECL model without justification can lead to compliance issues. "This is something often overlooked but critically important."

Compliance 195

Compliance System ATM Report 195

Perficient

FEBRUARY 4, 2021

By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. Identifying and documenting accessibility requirements prior to development hand-off will significantly reduce the number of accessibility errors on a live page. Heading Structure.

UX 531

UX Guidelines Compliance Study 531

Abrigo

SEPTEMBER 20, 2023

Understanding AML compliance and regulatory expectations. AML compliance is not for the faint of heart. Takeaway 3 Be your champion and fight for whatever is necessary to instill a culture of compliance. A culture of compliance AML compliance Having a solid culture of compliance is critical to avoiding AML penalties.

Compliance 150

Compliance Regulation Miami Fraud 150

Gonzobanker

OCTOBER 31, 2024

The FDIC issued a consent order against Discover Bank last year for lacking oversight into third-party risk management and a compliance vendor management program. This documents how critical and important vendors perform compared to their contractually obligated promises of system uptime, ticket response time and ticket resolution time.

Risk Management 140

Risk Management Management FDIC Software 140

Abrigo

MARCH 11, 2025

Here are key strategies to mitigate internal fraud risks: Set the right tone at the top Leadership should communicate a strong culture of compliance and a zero-tolerance policy for fraud. Regular audits ensure compliance and identify potential vulnerabilities.

Fraud 195

Fraud How To System Leadership 195

Abrigo

JULY 17, 2019

There are also many gray areas in banking compliance, which can lead to different interpretations among compliance professionals. By reaching out to your examiners for compliance guidance, you are establishing a trusted relationship between the regulatory agency and the institution.

Compliance 240

Compliance Regulation Industry System 240

CFPB Monitor

MAY 3, 2022

On April 28, 2022 the New York Department of Financial Services (“NYDFS”) issued its Guidance on Use of Blockchain Analytics , a document directed to all virtual currency business entities that either have a NYDFS Bitlicense or are chartered as a limited purpose trust company under the New York Banking Law.

Analytics 147

Analytics blockchain Compliance Policies 147

Perficient

FEBRUARY 13, 2021

For organizations using Teams Calling, it is recommended to start notifying your users about this new capability and update your training and documentation accordingly. Well, if you’d like to manage this capability you can do so by enabling or disabling this add-in for individual users via PowerShell (documentation coming soon).

Meeting 520

Meeting Policies Groups Training 520

Perficient

OCTOBER 12, 2020

New compliance standards from SWIFT now require internal SWIFT domain expertise with annual certifications and annual documentation. Businesses need the flexibility to define new banking relationships without the large, inflated IT projects. ”

Risk Management 309

Risk Management Fraud Management Compliance 309

PYMNTS

NOVEMBER 25, 2020

A starting point to conducting identity verification is document-based, he said. In that event, “the first part of the whole equation is making sure that identity document is authentic,” Patel said. Traditionally, that begins with an individual presenting a government-issued ID to confirm identity. Boots on the Ground .

social media 353

social media Data Examples Training 353