Remove Compliance Remove Risk Management Remove Security
article thumbnail

Generative AI in credit risk management: A game changer for loan review

Abrigo

Generative AI and the new loan review process The evolution of banking and risk management over the past few decades has been nothing short of remarkable. Generative AI in credit risk management is the latest step forward , offering a transformative approach to loan review. Data security is also a major concern.

article thumbnail

Investment accounting compliance: How technology helps

Abrigo

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

FinCrime fighters aren’t just checking boxes for compliance. Our intelligent fraud detection software and risk management tools help fraud professionals in their fight against financial crime. financial institutions manage risk and drive growth in a rapidly changing world.

Security 221
article thumbnail

6 Digital Banking Trends for 2025

Perficient

Recommended Approach: Navigating constant changes in risk and regulatory environments is crucial for banks in 2025. By ensuring compliance with regulations, banks mitigate risks and maintain trust with customers and regulatory authorities. Ensure these APIs are secure, reliable, and easy to use.

article thumbnail

Unlocking the Power of Azure Integration Services for the Financial Services Industry

Perficient

Improved Security and Compliance With stringent regulatory requirements in the financial sector, security and compliance are paramount. Regulatory Reporting and Compliance Automation Compliance reporting is often a resource-intensive process.

Industry 467
article thumbnail

AI Regulations for Financial Services: OCC

Perficient

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

article thumbnail

Fraud typologies all financial institutions should know

Abrigo

Phishing scams Phishing scams involve fraudsters impersonating legitimate entitiessuch as banks, government agencies, well-known companies, or business contactsto trick individuals into providing sensitive information like login credentials, Social Security numbers, or financial details. Start or enhance a customer fraud prevention plan.

Fraud 221