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

PYMNTS

MAY 18, 2018

But the move towards bits and bytes is gathering steam in a bid to bring security to far flung transactions. Notarize, the notary public platform that allows for the remote notarization of documents online, said Thursday that it raised $20 million in a funding round that brings the tally of money raised, cumulatively, to $31 million.

Indiana 133

Indiana Nevada Tennessee Texas 133

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. This movement to the cloud requires a robust vendor due diligence process and rigorous ongoing third party management that includes a focus on cybersecurity controls. Get it in writing.

Risk Management 150

Risk Management Management Security Lending 150

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . Cyber Due Diligence. The banking industry is no stranger to this.

Risk Management 150

Risk Management Management Lending Fraud 150

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 Policies 221

Abrigo

OCTOBER 20, 2014

states that a mix of value-based cultures is pivotal in the effective management of a bank. A sound project management culture, Cooley argues, should be in the forefront of financial professionals’ minds. How, then, would a financial institution improve their project management culture across the board?

Management 230

Management Training Examples Security 230

PYMNTS

NOVEMBER 10, 2020

Phixius provides interoperability between various participants connecting to the platform, enabling better security in moving data as opposed to storing it in a central repository like the cloud. The release says Phixius has also officially completed its first information exchange transaction between two parties.

Security 181

Security Fraud Customer Experience blockchain 181

Perficient

JANUARY 13, 2021

Exterro’s software is developed “by lawyers, for lawyers” and is a fully SaaS & a secure cloud native product that helps clients using older e-discovery tools to easily adopt cloud native software. Exterro helps our clients with three big e-discovery components: Locating the electronic documents.

Software 309

Software Compliance Tools Examples 309

Independent Banker

NOVEMBER 30, 2022

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today.

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Management Community Bank Community Data 91

Abrigo

NOVEMBER 17, 2023

Financial institution staff and management eager to grow the loan portfolio are themselves familiar with the aggravations, bottlenecks, and inefficiencies associated with loan approval processes. Download this infographic to see how construction loan management compares using a spreadsheet-based systems and a software solution.

Lending 221

Lending Software System Taxes 221

Abrigo

JANUARY 17, 2023

Takeaway 1 Many financial institutions used a customer portal for PPP, but once the program ended, went back to old manual processes, Takeaway 2 Automating lending provides a secure portal between the bank and customer and automated workflows that speed origination. First, a secure portal between the bank and the customer.

Lending 195

Lending System Customer Experience Case Study 195

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. We need to manage risk appropriately, but open banking is a good thing,” Davies said.

Security 174

Security Fintech Data Fraud 174

Abrigo

OCTOBER 18, 2022

Streamlining the construction loan process Construction d raw s oftware helps lenders and contractors to automate the construction loan management. . You might also like this webinar, "How to manage a high-performing construction loan portfolio." Eliminating manual tasks. How does construction draw software help lenders?

Software 195

Software How To Lending Management 195

Perficient

JUNE 1, 2023

Use Cases Writer is the most customizable generative AI platform for banking, asset and wealth management, and insurance companies with implementation at many large financial service organizations including Charles Schwab, Vanguard, Intuit, and many more. Perficient can help deliver solutions to transform your organization.

Compliance 251

Compliance Industry Regulation Data 251

Abrigo

MARCH 14, 2022

Accessibility of data for loan officers, managers and potentially external loan review personnel. Adequate loan administration software will allow an organization to access the hundreds of thousands of documents that some banks have on file. The time it takes to produce these documents is also essential to consider.

Software 195

Software System Policies Data 195

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

blockchain 189

blockchain Management Data User Experience 189

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

PYMNTS

MARCH 19, 2019

Inventory management can help cash flow, or prove to be a hindrance. LionOBytes earlier this month said it had launched Lion0360, a tech-driven solution that, among other offerings, features warehouse and route management across a single platform, along with the ability to track orders and invoices.

Management 185

Management System Mobile Technology 185

PYMNTS

SEPTEMBER 6, 2019

percent of sharing economy platforms require new users to verify their identities by submitting identification documents online. However, it’s fairly rare for a marketplace to ask returning users to provide identity documents when they sign back into existing accounts. How Do Platforms Authenticate? percent phone numbers and 20.8

Security 125

Security Data Online Regulation 125

Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Manage carefully their OPEX and CAPEX budgets.

Security 137

Security Compliance Video ATM 137

Perficient

JUNE 22, 2020

Oracle’s EPM Cloud Operations Guide is a must-have document for Oracle cloud EPM customers. Whether it’s performance enhancements, security settings, compatibility questions, etc. Managing User Accounts. Understanding Oracle’s Change Management Process. The guide can be found here. Service Monitoring.

Data 354

Data Management Operations Examples 354

Perficient

APRIL 3, 2024

Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. ” Brian Bell, Perficient’s Insurance Principal, who was also quoted in the report, highlights the significance of another emerging technology: critical event intelligence. .”

Technology 221

Technology Report social media Industry 221

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices. Have the controls been implemented?

Risk Management 275

Risk Management Tools United States Exercises 275

PYMNTS

NOVEMBER 8, 2016

Given the staggering volume that comes through in the banking industry, it would follow that securing those accounts would be imperative, especially in the wake of the seemingly innumerable data breaches worldwide. The notion of using an electronic document, said Clark, has been “essentially embraced globally.”

Security 186

Security Mobile Course Data 186

Perficient

OCTOBER 12, 2020

We are excited to announce our partnership with Kyriba and dedicated practice to provide our Oracle clients with a robust cloud-based treasury management solution. New compliance standards from SWIFT now require internal SWIFT domain expertise with annual certifications and annual documentation. ” .

Risk Management 309

Risk Management Fraud Management Compliance 309

PYMNTS

NOVEMBER 9, 2020

With the new upgrade, HashCash customers will now have access to real-time document sharing, automation and reconciliation, available instantly through B2B payments, the release stated. Raj Chowdhury , CEO of HashCash Consultants, said the idea is to offer "a platform for secure, transparent and faster B2B payments.".

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Security blockchain System Payments 234

PYMNTS

OCTOBER 19, 2020

Sudheera Vanguri , product manager lead at Google, said in a b log post on Monday (Oct. 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.

Google 264

Google Tools Lending Industry 264

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. However, effective loan administration solutions or systems will help lenders avoid the most common documentation- and data-related deficiencies found during examinations. stay informed.

System 195

System Lending Software Risk Management 195

Perficient

SEPTEMBER 21, 2023

Some data may exist in secure warehouses, others within Salesforce, or Amazon Web Services S3. Salesforce Data Cloud Securely Brings It All Together Businesses can leverage the power of tools such as Salesforce’s Data Cloud to bring together multiple data sets.

Data 491

Data Tools Customer Experience Security 491

Perficient

MARCH 30, 2023

Any operations team that has dealt with a stock loan trading desk can contest the inherent friction between providing more available securities to the desk and reliance on settlement cycles and market constraints. Supporting large, cross-industry Supply Chain firms, he has a PMP certification and is a Six Sigma Green Belt project manager.

Operations 275

Operations blockchain Capital Security 275

Cisco

JANUARY 24, 2023

The purpose of this blog is to discuss a few ways in which tooling and automation capabilities can be used to satisfy the asset management requirements of the FFIEC Operations Guide. Financial institutions are regulated to be able to manage, secure, and audit their IT assets. Or the load balancers. Or virtual machines.

Meeting 91

Meeting Regulation Management Technology 91

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Issues and Findings Management: Document issues and gaps identified during risk assessments and control testing, crucial for compliance.

Compliance 221

Compliance New York Regulation Analysis 221

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. The goal of CIM is to meet regulatory rules and legislation, prevent fraud and financial crime, and manage risk—all while making it simple for customers to transact. Customer identity management operates today in an unpredictable environment.

Management 98

Management Fraud Customer Experience Compliance 98

PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. Today’s corporations are happy to bid goodbye to these time-consuming, paper-based processes and turn to online, automated expense tracking products for their spend management needs.

Management 132

Management Cards Policies Compliance 132

PYMNTS

SEPTEMBER 28, 2020

Buyers must acquire documents , such as W-8 or W-9 tax forms and information like taxpayer identification numbers (TINs) from vendors, then validate their details to meet tax obligations. Many companies lack digital methods for gathering and managing this information, with 49.5 Digital Fixes. One survey that polled 1,040 U.S.

Data 166

Data Management Taxes Meeting 166

Perficient

FEBRUARY 27, 2024

Operational Efficiency: Digitization and Automation Operational efficiency remains a key focus area for insurers, with digitization and automation driving fundamental changes in how insurance processes are managed. Digitizing functional processes can lead to significant cost savings and efficiency gains.

Trends 221

Trends Industry Operations Customer Experience 221

PYMNTS

JULY 8, 2020

The firms noted that blockchain could be used to send out documentation that can be authenticated and can’t be modified like import licenses and container records. The technology is meant to let production companies and those who make content to manage rights and monitor revenue, among other tasks.

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Texas blockchain Bitcoin System 143