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

JUNE 26, 2020

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels, Bloomberg reported. In 2016, Wirecard announced its partnership with Visa Europe Collab to provide its technology and banking solutions.

Risk Management 254

Risk Management Fraud System Report 254

PYMNTS

MARCH 17, 2019

The People’s Bank of China (PBOC) announced that it is planning to steadily develop a system of rules to regulate financial technology (FinTech) in the country. A lot of companies are not [there] in terms of their business plan, in terms of their risk management process, in terms of their overall management,” he said. “A

Regulation 192

Regulation Fintech Phoenix Risk Management 192

PYMNTS

APRIL 23, 2020

Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment. Hypur serves more than 600 clients throughout the country and has over 25 partnerships with banking and financial institutions.

Payments 181

Payments Risk Management ATM Resources 181

Bobsguide

MARCH 21, 2022

Igor Tsitavets, CompatibL’s President and CEO, says: “We are honored to be shortlisted at this year’s FTF News Technology Innovation Awards. About the FTF News Technology Innovation Awards. Show us your support and vote for CompatibL here: [link]. Voting will close on April 22.

Innovation 147

Innovation Technology Risk Management Analytics 147

Abrigo

AUGUST 13, 2024

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Busy financial services professionals have many opportunities to hear timely discussions on banking issues. You're not alone.

Fraud 221

Fraud Community Community Bank Lending 221

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134

Software New York Risk Management System 134

PYMNTS

FEBRUARY 22, 2017

Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. Today, businesses need a more sophisticated view of their cash positions and a broader array of payments and financial services.

Compliance 135

Compliance Regulation Management Fintech 135

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

Community Bank 112

Community Bank Strategy Risk Management Fintech 112

PYMNTS

OCTOBER 8, 2019

The world is moving toward better technology, simpler design and instant access to data and automated analytics,” said Mark Smith, Citi Global head of liquidity management services, treasury and trade solutions. “We Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Online 100

Online Analytics Tools User Experience 100

Jack Henry

JANUARY 10, 2020

The last 10 years have seen the beginning of a technological renaissance in many areas of the industry, affecting the way that both consumers and businesses interact with financial institutions.

Technology 78

Technology User Experience Risk Management Resources 78

PYMNTS

APRIL 26, 2018

Still, many financial institutions in emerging market have difficulty covering the transaction settlement obligations which makes it harder for financial services to scale in a quick manner in emerging markets. “This partnership will help bring modern financial services to underserved people around the world.

Marketing 121

Marketing Payments Risk Management Groups 121

ATM Marketplace

FEBRUARY 15, 2024

Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the acquisition of Infinitium Holdings Pte. Ltd (Infinitium), a digital payments company and provider of risk management and payments authentication services based in Singapore.

Company 62

Company Risk Management Payments Financial Technology 62

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Financial condition and competitive market environment and client base. Legal and regulatory compliance.

Community Bank 78

Community Bank Community Fintech Company 78

PYMNTS

MAY 26, 2017

If we try to pursue business innovation within the bank, we have to ask around for permission from people in risk management, compliance and others. The executive noted Mizuho will limit its share of the venture, which hasn’t been named yet, to under 15 percent. “If It takes forever,” said the executive.

Fintech 100

Fintech blockchain New York Risk Management 100

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Some recent episode titles include: “Should Bankers Fear Apple’s Future Growth Strategy?”

Community 195

Community Lending Maine Resources 195

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103

Fintech Software Illinois Lending 103

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Marina Melnick, Chief Business Development Officer-Eastern Europe : Based in Bulgaria, Marina has a 16-year background in technology and development both as a Founder and in leadership roles at Exigen and Luxoft. About TS Imagine.

New York 87

New York Software Capital Leadership 87

Bobsguide

JULY 21, 2022

• New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth. LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth.

Leadership 88

Leadership New Jersey America Capital 88

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. Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime.

Compliance 123

Compliance Fraud Study Digital Banking 123

CFPB Monitor

MAY 18, 2016

” The forum will bring together representatives from banks, financial technology companies, and community and consumer groups to discuss developments, opportunities, and challenges related to financial innovation. On June 23, 2016, the OCC will hold a forum in Washington, D.C.

Innovation 68

Innovation Washington Risk Management Fintech 68

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. Carmelle Cadet, IBM Blockchain Payments Business Development Manager. Craig Rector, IBM Offering Management, Commercial Payment Solutions. How to create fintech apps in the IBM Cloud?

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

MAY 28, 2018

The deal is newsworthy because the mainstream view still sees banks and FinTechs as adversaries, each competing for payment and financial services revenue. Otting said that FinTech could play a limited role in the broader financial services industry with proper federal oversight,” continued the report.

Fintech 100

Fintech Examples Pennsylvania Lending 100

PYMNTS

OCTOBER 1, 2018

“Investment advisers have an obligation to put their clients’ interests ahead of their own,” said Daniel Michael, chief of the SEC’s Complex Financial Instruments Unit, about the decision. “By By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Attorney Alex Tse. “We

Lending 135

Lending Fraud Management San Francisco 135

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. Another technology in discussion will be the ever prevailing blockchain technologies. IBM keynote. This session will take place Wednesday, June 20 from 12:00 to 1:00pm.

Conference 70

Conference Fintech blockchain Compliance 70

Independent Banker

FEBRUARY 24, 2016

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms.

Community Bank 70

Community Bank Community Lending FDIC 70

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 193

Fintech Community Regional Technology 193

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

Meeting 52

Meeting Analytics Management Strategy 52

Jeff For Banks

AUGUST 1, 2015

Martin, Dean of the Rotman School of Management at the University of Toronto. In sports, you can never be the hero without the risk of being the goat. In our risk management meetings deep within the bowels of headquarters, we work diligently to avoid being the goat, never allowing us to be the hero. And I thought, bravo!

Strategy 60

Strategy New Jersey System Risk Management 60

ZootBlog

NOVEMBER 11, 2015

In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. They become students of the game.

Innovation 60

Innovation Fintech social media Knowledge Base 60

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Allianz Ventures. Number of investments: 6. American Family Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

William Mills

MAY 9, 2018

Our Actionable Intelligence Management solutions help banks and mortgage companies streamline and automate manual processes, seize new business opportunities and manage compliance, all while transforming the customer experience. Product Demoed: Agile Mortgages. Key Executives. Key Investors. Kodak Alaris. One, [link]. Kodak Alaris.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

JULY 16, 2017

AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. Hiscox’s latest investment, Indio , provides a workflow management platform for commercial insurance brokers.

Strategy 28

Strategy Marketing Analytics Innovation 28

BankNXT

MARCH 1, 2016

The subprime mortgage crisis, and why distributed ledgers would have been instrumental in lessening its impact. Story by George Samman. Could the 2009 subprime mortgage crisis have been avoided with blockchain? on BankNXT.

blockchain 40

blockchain Risk Management Financial Technology Technology 40

Fintech Labs Insights

JUNE 18, 2015

Canfield: Combatting fraud requires extensive risk management, and a cornerstone of risk management is using data to inform controls and decisions. Yet with the added control, the platforms must also take on varying degrees of heavy operational and risk management burdens.

Security 12

Security Payments San Jose Fraud 12

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78