Abrigo

OCTOBER 9, 2024

This is where Q factors become essential, offering a way to adjust for future uncertainties, management's insights, and external factors such as regulatory changes or local economic shifts. Properly applied, Q factors allow financial institutions to make their risk assessments more forward-looking and comprehensive.

Risk Management 195

Risk Management Management Compliance Data 195

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. Unprecedented Risk. ” A Dramatic Shift. The New Normal.

Risk Management 148

Risk Management Management Analysis Strategy 148

Abrigo

MARCH 21, 2023

If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. There are typically two schools of thought around regulatory compliance among financial institutions and their leaders. Have an ALM model validation completed with the goal of strategic gains.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regtech in banking can be used in a variety of ways to enhance monitoring, reporting, and compliance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regtech in banking can be used in a variety of ways to enhance monitoring, reporting, and compliance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

Abrigo

NOVEMBER 22, 2024

This article covers these key topics: Benefits of FRAML for risk management Potential drawbacks of the FRAML approach Factors to consider in decision-making What is FRAML? At its core, FRAML is about taking a more holistic approach to financial crime risk management. Staying on top of fraud is a full-time job.

Fraud 195

Fraud Training Risk Management Compliance 195

Perficient

FEBRUARY 4, 2021

It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management. By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. Accessibility Belongs in the Design Phase. Heading Structure.

UX 531

UX Guidelines Compliance Study 531

Perficient

OCTOBER 12, 2020

Specializing in cloud-based business transformation, Perficient’s new Treasury Technology practice will improve client’s global banking footprints through bank connectivity and address concerns for payment fraud. 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

APRIL 26, 2018

While these challenges remain, firms must also assess and manage risks related to human rights, war, economic turmoil, foreign exchange volatility, cyberattacks and the implications of noncompliance. Today, supply chain and supplier risk management is a beast.

Risk Management 136

Risk Management Management Compliance Regulation 136

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

AUGUST 9, 2020

The benefits for Google include a unified and accurate supplier record, the ability to integrate supplier qualification and segmentation with other procurement processes, and compliance for supplier risk management throughout the supply base.

Google 362

Google America Risk Management Regional 362

Perficient

OCTOBER 30, 2024

In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC. In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC.

Regulation 221

Regulation FDIC Compliance Innovation 221

Perficient

SEPTEMBER 16, 2022

To counteract and minimize such risks, the Fed’s Supervisory Letter required that prior to engaging in any crypto-asset-related activity, a supervised banking organization must first ensure such activity is legally permissible and determine whether any filings are required under applicable federal or state laws. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance.

Management 221

Management Risk Management Regulation Compliance 221

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Risk Management.

Regulation 309

Regulation Industry Risk Management Analysis 309

Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

Risk Management 110

Risk Management Management Report Compliance 110

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

JUNE 17, 2020

“Buyers and suppliers alike want a comprehensive supplier management policy to generate sustainable business relationships, compliance and process excellence.” ” Supply chain managers are thinking of new ideas amid the global pandemic.

Risk Management 141

Risk Management Management Policies Compliance 141

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance.

Policies 158

Policies Compliance Mobile Survey 158

ABA Community Banking

DECEMBER 4, 2019

As one of the country's generation of young bank CEOs, and one whose professional background is in risk management and regulatory compliance, Clayton Legear shares his unique outlook in the latest episode of the ABA Banking Journal Podcast.

Risk Management 95

Risk Management Management Compliance Leadership 95

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. However, there is a range of other areas of noncompliance risk for these businesses. In the U.S.,

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

Chris Skinner

APRIL 18, 2017

The banker took exception to purely being a store of value, and felt that the risk management aspect of banking was a critical part of their function. I argued that the bank’s risk management function is being eaten by software. He scoffed, and said that my discussion was too far out.

Risk Management 321

Risk Management Analytics Lending Software 321

Banking Exchange

NOVEMBER 22, 2021

OCC, Board, FDIC will require banks to report incidents within 36 hours Compliance Compliance Management Compliance/Regulatory Cyberfraud/ID Theft Security Mobile Online Core Systems Risk Management Technology Feature Feature3.

System 159

System FDIC Risk Management Compliance 159

Perficient

NOVEMBER 8, 2024

Implementation of Risk-Management Practices and Termination of Noncompliant AI AI policy and review process. All safety- or rights-impacting AI use cases undergo a comprehensive risk impact assessment including validation of all risk-management practices defined in OMB M-24-10 section 5(iv).

Regulation 221

Regulation Risk Management Policies Compliance 221

Perficient

JUNE 19, 2024

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control.

Exercises 221

Exercises Compliance Risk Management Video 221

Insights on Business

JULY 20, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 96

Risk Management Management Compliance New York City 96

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted 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.

Risk Management 221

Risk Management Compliance Fraud Operations 221

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. The Cost of Compliance. Mobile, online and phone channels all have distinct fraud challenges and customer needs.

Compliance 123

Compliance Fraud Study Digital Banking 123

Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. These tips can help ensure compliance while improving your offerings. This step sets the foundation for effectiv e risk management by understanding the unique challenges associated with the product.

Fraud 222

Fraud Risk Management Training Software 222

Perficient

NOVEMBER 4, 2024

CFTC The Commodity Futures Trading Commission’s (“CFTC”) which regulates derivatives market activity, not particular technologies, issued in January 2024 a Request For Comment on current and potential uses and risks of AI in CFTC-regulated derivatives markets. However, in 2024 the FDIC reduced its public-facing role.

FDIC 170

FDIC Regulation Risk Management Compliance 170

Perficient

NOVEMBER 6, 2024

SEC The Securities and Exchange Commission (SEC) issued a proposed rule in July 2023 to address conflicts of interest associated with broker-dealers’ and investment advisers’ use of predictive data analytics (“PDA”) and similar technologies, including AI.

Regulation 221

Regulation Compliance Analytics System 221

CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M Seattle-based Hyperproof provides compliance solutions for continuous risk management across key industries, such as security tech, enterprise software, fintech, healthcare tech, and data communications.

Risk Management 63

Risk Management Compliance Management Technology 63

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance."

Compliance 222

Compliance Community Community Bank Conference 222