PYMNTS

OCTOBER 7, 2020

“With the embedded finance model, including financial services like deposits and payments, the digital-only banks are able to be as a role to provide Banking-as-a-Service for non-financial companies, especially those who are the anchor in an ecosystem,” he told PYMNTS. Risk Management.

Risk Management 238

Risk Management blockchain Capital Data 238

PYMNTS

AUGUST 16, 2018

According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. That’s not to say that AI can’t change how banks secure transactions and reduce risk, though.

Digital Banking 101

Digital Banking Fraud Data Tools 101

Jeff For Banks

MARCH 3, 2025

Our recognition as the #3 community bank in the state by GOBankingRates in 2025 reflects our commitment to Growing, Together with the communities we serve. Yet, the banking industry is at a turning point. Customers increasingly demand seamless digital experiences91% of U.S. I edited minor things for clarity.

Community Bank 74

Community Bank Community Minnesota Security 74

PYMNTS

MAY 21, 2020

Aegean Baltic Bank Taps Wolters Kluwer Tech. Aegean Baltic Bank of Greece announced late last week that it will implement risk management technology from Wolters Kluwer. Based in Denmark, Billy offers small business accounting solutions that loop into SMB bank account data via open banking.

Fintech 173

Fintech Compliance Risk Management Lending 173

Bobsguide

MAY 8, 2022

This designation recognises GFT for the delivery of effective solutions to help its clients manage critical issues pertaining to the industry, such as risk management, core systems implementations, data management, navigating compliance requirements, and establishing governance models. “It – Portal de Documentos.

Compliance 166

Compliance Risk Management System Digital Banking 166

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Takeaway 3 Numerous resources can help banks and credit unions offer training on fraud to help customers or members recognize scams and avoid theft.

Fraud 195

Fraud Resources social media Software 195

Celent Banking

NOVEMBER 11, 2015

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Systems and network security.

Cyber Security 100

Cyber Security Regulation Security New York 100

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

PYMNTS

OCTOBER 5, 2020

billion) to acquire Ingenico Group , the Paris-based technology provider of secure electronic transactions to create a FinTech dynamo. Last week, Nexi signed a partnership with Ebury , the London FinTech that provides global transaction banking services to businesses. This is not the first mega deal involving FinTech companies.

Company 151

Company San Francisco Payments Fintech 151

PYMNTS

NOVEMBER 10, 2020

PSCU works with 1,500 credit unions to provide such services as payment processing, risk management, loyalty programs, digital banking and marketing.

Fraud 151

Fraud Virginia Florida Risk Management 151

PYMNTS

JUNE 27, 2018

That growth in value is due, in large part, to financial institutions (FIs), many of which have adopted or developed new AI solutions, products and features to offer their customers more stringent security, intelligent insights and other value-added capabilities. About the Tracker.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

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. banks have to analyze AML regulations before even beginning to innovate, and the rules in question change often.

Compliance 123

Compliance Fraud Study Digital Banking 123

Celent Banking

OCTOBER 12, 2016

We continue to prove that the approach of the IT department managing cybersecurity is not working. Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

NOVEMBER 20, 2019

By offering owners contactless cards, “we help our credit unions achieve top-of-wallet status” as tap-to-pay adoption continues to rise, said Jeremiah Lotz, managing vice president of digital experience and payment products at PSCU. billion transactions annually offering payment processing, risk management, digital banking and more.

Cards 117

Cards Risk Management Study Payments 117

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. Evaluation of Risk.

Cyber Security 63

Cyber Security Security Risk Management Training 63

CFPB Monitor

AUGUST 12, 2021

The Guidance is intended to provide financial institutions with examples of effective risk management principles and practices for access and authentication. Layered security controls. Multi-factor authentication as part of layered security. Monitoring, activity logging, and reporting processes and controls.

Risk Management 78

Risk Management Examples Security System 78

PYMNTS

OCTOBER 28, 2020

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. With over 20 years of experience fighting cybercrime, the Oracle Cloud Infrastructure (OCI) claims to be highly secure and scalable.

Compliance 154

Compliance Security Management Analysis 154

Celent Banking

SEPTEMBER 3, 2015

This year we accept nominations in seven categories: Omnichannel Banking. Digital Banking Transformation. Digital Payments and Cards. Cash Management and Trade Finance. Security, Fraud and Risk Management. We also look back and consider lessons from the past. Legacy Transformation.

New York 100

New York Risk Management Maine Fraud 100

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Banks must find ways to be personable in these impersonal channels. Respect the data.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

PYMNTS

MAY 4, 2018

The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. National Security Agency chief. ’s Intelligence Fusion, also known as IF, also operates in the risk management space. SMB Banking.

Capital 100

Capital Maryland National Security 100

ZootBlog

FEBRUARY 6, 2019

The post Good Intentions, Bad Security – Finding Footing in Fintech appeared first on Zoot Solutions. As a financial industry veteran, I have dedicated a lot of time and energy to researching, analyzing and implementing strategies to grow financial businesses. When we launched […].

Security 67

Security Fintech Strategy Industry 67

Gonzobanker

AUGUST 6, 2014

With content at the center of the picture, let’s use a common banking activity as an example to bring these four topics to life. Every bank is expected to handle dormant accounts with an extra level of security. To prevent this, banks have devised complex and manual processes.

Risk Management 96

Risk Management eBook Management Technology 96

PYMNTS

MAY 5, 2017

Aside from the obvious, the reason this breach is disconcerting to security experts is the way in which a single breach of Sabre’s system could have worked to allow cybercriminals access to a much broader attack surface. Jeff Hill, Director of Product Management at third-party risk management solutions provider Prevalent, Inc.

Cards 113

Cards Fraud Security Retail 113

CFPB Monitor

APRIL 25, 2022

As an enforceable condition of approval, the company entered into an operating agreement which sets forth, among other things, capital and liquidity requirements and the OCC’s risk management expectations. In granting this charter, the OCC applied the same rigorous review and standards applied to all charter applications.

Compliance 78

Compliance Digital Banking Training South Dakota 78

Celent Banking

APRIL 18, 2016

The award winners come from four continents and nine countries and range from credit unions and microfinance institutions to the world's largest banks. Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Digital Banking Transformation. Citizens Bank, US. Garanti Bank, Turkey.

US 100

US Case Study Risk Management America 100

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 100

Innovation Mobile Digital Banking Technology 100

Gonzobanker

DECEMBER 14, 2023

Former Bank of America CEO Richard “Dick” Rosenberg , a legendary banker and prolific philanthropist who went on an acquisition tear to make BofA the second-largest bank in America at the time. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast.

Fintech 193

Fintech Community Regional Technology 193

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. digital bank Mercury announced $20 million in Series A funding in a blog post. Developed as an online bank for startups, Mercy launched in April of this year.

Payments 149

Payments Capital Taxes Lending 149

Gonzobanker

SEPTEMBER 21, 2023

Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Finastra partnered with Glia for digital customer service. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JULY 16, 2018

We have investigated the matter thoroughly, addressed the cause and, as a precaution, have implemented additional security measures,” Macy’s said in an emailed statement. Macy’s was able to confirm that social security numbers were not accessed — but that data like birthdays and addresses might have been.

Cards 100

Cards Data Retail Digital Banking 100

William Mills

SEPTEMBER 27, 2019

Over half of the demos were new company or product debuts featuring business intelligence, chatbots, digital banking, employee benefits, financial planning, insurance, lending, payments, risk management, security, wealth management, and more. Here are a few key trends and event highlights stood out to us.

Trends 45

Trends Risk Management Fintech Lending 45

Gonzobanker

DECEMBER 22, 2020

By meeting the deposit and banking needs of customers and members minus branch systems that were shuttered in a two-week period. There have been many come-and-go digital banks. For a digital bank, Axos has a net interest margin twice that of Wells and BoA with an expense ratio under 2% – that helps drive a 15.5%

Idaho 166

Idaho Community Industry Strategy 166

Insights on Business

OCTOBER 11, 2018

This movement — core to cloud — is essential for banks seeking to modernize their legacy systems and become agile and flexible. This is especially true if they’re going to compete with new digital banks and platform companies that are unhindered by the legacy applications and infrastructure.

Meeting 111

Meeting Customer Experience System Guidelines 111

Gonzobanker

AUGUST 14, 2019

AWS publishes extensive documentation and guidelines outlining how its cloud customers must secure their data. In the case of Capital One, it mismanaged its firewall, comprising its bank security. For financial institutions, it calls into question the security of cloud computing. What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

PYMNTS

JUNE 21, 2019

As Bajaj said, these tech-savvy upstarts have relatively less experience in navigating regulatory requirements at the national or even local levels, and they certainly have less experience in risk management. Bringing AI Into The Picture.

Customer Experience 108

Customer Experience Data Mobile Risk Management 108

Gonzobanker

JANUARY 4, 2023

Consider: Digital banking/channel migration plan – The institution’s digital banking plan involves every line of business that touches customers. Risk plan – Operational risk management is a company-wide discipline that has become the focus of regulators, boards, and the “C” level. digital banking).

Technology 78

Technology System Software Groups 78

Bobsguide

FEBRUARY 22, 2022

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78