PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. 23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

JUNE 18, 2020

Global spend management cloud solution firm Ivalua has released its new platform to help companies better manage spending and suppliers with visibility and automation, according to a press release. Now, all companies will have the option of working with the tools for better allocation and supplier selection, the release says.

Management 141

Management Tools Guidelines Compliance 141

Perficient

JANUARY 16, 2024

Background On October 19 th , 2023, the Office of the Comptroller of the Currency (OCC) published an article highlighting new enforcement actions and clarifying explicit rules regarding misconduct, particularly as it relates to financial abuse by senior-level management.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. ALM 101: Introduction to Asset/Liability Management. This is the fourth post in a series. .

Management 195

Management Meeting Risk Management Operations 195

PYMNTS

DECEMBER 2, 2019

The following Deep Dive analyzes the spend management challenges these charitable and humanitarian groups face, as well as how workforce spend management and electronic procurement tools could help them more effectively manage their expenses. . Spend Control Challenges And Solutions.

Management 141

Management Taxes Groups Regulation 141

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. The spotlight from federal and state regulators continues to shine on the use of third parties, and the pressure for those vendors to meet regulatory guidelines has greatly increased.

Risk Management 150

Risk Management Management Security Lending 150

Perficient

DECEMBER 18, 2023

In the fast-paced realm of finance, the significance of regulatory risk and compliance management practices cannot be overstated. Reputation Management Trust is the cornerstone of the financial industry. Any erosion of trust can have severe consequences, including loss of customers and investors.

Regulation 473

Regulation Compliance Exercises Guidelines 473

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

Independent Banker

NOVEMBER 30, 2021

There’s a host of regulatory guidance when it comes to vendor management, but community banks also have wiggle room to craft their own policies. Managing all of your bank’s vendors can be a tall order, especially for community banks that rely on dozens or even hundreds of vendors. In addition to its vendor management platform, $2.2

Management 91

Management Community Bank Community New Jersey 91

Abrigo

OCTOBER 14, 2014

When it comes to the risk management process, there is no one-size-fits-all approach. “It is as much an art as a science,” says Tim McPeak, risk management consultant at Sageworks. “Everyone’s going to have their own ways, and from bank to bank they will have different underwriting guidelines and standards.

Risk Management 223

Risk Management Management Taxes Analysis 223

PYMNTS

APRIL 23, 2020

The company noted that “universities that can offer flexible payment plans will help their communities manage budgets, while maintaining enrollment.”. Flywire is also launching new capabilities to let students and universities better manage the financial risks that the coronavirus causes.

Guidelines 130

Guidelines Policies Community Study 130

Bank Innovation

MARCH 10, 2017

BNP Paribas Wealth Management is testing a new mobile investment advisory tool, myAdvisory, the company said yesterday. The app offers a personalized financial advice based on investment guidelines set by […].

Tools 287

Tools Guidelines Mobile Management 287

Insights on Business

JANUARY 3, 2019

Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. 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.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. The first guidelines apply to FI to FI Customer Credit Transfer, FI to FI Institution Credit Transfer, FI to FI Payment Status Report, and Payment Return.

Guidelines 190

Guidelines Payments Groups Taxes 190

Perficient

AUGUST 11, 2020

The pandemic also heightened the need to automate the distribution of educational materials, guidelines and frequently asked questions (FAQ) to patients, healthcare members, and communities – not to mention providing real-time communication and educational updates to healthcare professionals on the latest hospital protocols and policies.

Resources 553

Resources Guidelines Policies Technology 553

PYMNTS

JANUARY 26, 2021

The partnership aims to create a secondary credit market that is transparent and efficient and makes it easy to manage credit and digitally store documents, loan history and due diligence activities, preventing “information asymmetry risks,” the release stated. Diokno, Philippines’ Central Bank (BSP) governor in the release.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

The Paypers

DECEMBER 8, 2022

The EBA has launched a public consultation on new Guidelines on the management of ML/TF risks when providing access to financial services.

Risk Management 36

Risk Management Management Guidelines 36

American Banker

OCTOBER 10, 2023

issued a proposal requiring larger banks to implement a three-line-of-defense risk management model and increased board independence in response to observed weaknesses in corporate governance during past financial crises and recent bank failures. The Federal Deposit Insurance Corp.

Guidelines 36

Guidelines Regional FDIC Risk Management 36

PYMNTS

JULY 19, 2018

Spend management ” is hardly the sexist buzzword in payments and commerce, but the practice is developing to a point where many of those headaches are being reduced — a process that can also lead to more revenue. Spend Management Change. First, while the meaning of “ spend management ” may seem clear, there is no harm in defining it.

Management 110

Management Maine Software Guidelines 110

American Banker

SEPTEMBER 14, 2020

Citigroup will establish new internal oversight guidelines, spend more on technology and take other steps to upgrade risk systems, CFO Mark Mason said at an industry conference in discussing the aftermath of the bank’s mistaken $900 million payment.

Risk Management 73

Risk Management Guidelines Management Conference 73

Insights on Business

MAY 16, 2019

In a competitive financial marketplace, banks are turning to incentive compensation management (ICM) solutions for competitive advantage. However, making the case to senior bank executives of the need to deploy a sales compensation management solution can be challenging. Rules complexity. Plan proliferation and conflicts.

Management 143

Management Study Case Study Regulation 143

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

Resources 221

Resources Risk Management eBook Strategy 221

Abrigo

MAY 2, 2024

This policy serves as a set of guidelines that outline the rules and expectations for the credit function within the bank or credit union. Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework.

Lending 221

Lending Strategy Analysis Policies 221

Abrigo

NOVEMBER 4, 2024

These foundational guidelines for suspicious activity monitoring should align with an institution’s risk profile, and actual practices must mirror written policies. Managing alerts for effective suspicious activity monitoring Managing alerts is a critical function of any suspicious activity monitoring program.

Training 195

Training Compliance System Regulation 195

Abrigo

NOVEMBER 14, 2024

Banks should regularly update their risk profiles, audit their processes, and ensure compliance with FFIEC guidelines. Ensure management and board of director oversight : A strong compliance culture starts at the top. Provide for program continuity despite operations, management, employee composition, or structure changes.

Compliance 195

Compliance How To Training Software 195

Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Obligations managed in spreadsheets are also prone to error and do not provide the ability to audit user changes to new version in response to regulatory events.

Compliance 122

Compliance Management Regulation Analysis 122

American Banker

OCTOBER 4, 2024

The proposed FDIC guidelines would impose stricter governance and risk management standards on banks with over $10 billion in assets, drawing concern over potential regulatory overreach and conflicts with state laws.

FDIC 45

FDIC Guidelines Risk Management Management 45

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Perficient

FEBRUARY 4, 2021

It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management. The Web Content Accessibility Guidelines (WCAG) were developed with these disabilities in mind and provide specific criteria for making a site accessible.

UX 531

UX Guidelines Compliance Study 531

Perficient

AUGUST 14, 2020

Managing Dynamic Events. Health systems must respond in real time in order to manage the current needs of the patient. Evolving Regulations – Each state has their own guidelines for managing this health crisis. Our environment is constantly changing.

System 519

System Analytics Strategy Guidelines 519

Abrigo

MAY 18, 2023

Takeaway 2 Examining regulatory guidelines and matching up your current loan review process can help assess roles and procedures. Low-depth roles adhere to strict guidelines, and employees have very few decisions to make. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

JUNE 14, 2021

In the guidelines, OFAC identifies five key components that are not unlike the BSA program requirements that financial institutions have been implementing for years. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors.

Compliance 370

Compliance Training Resources Policies 370

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management. Access a brief guide to CECL model validation here.

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

MAY 19, 2023

Policy guidelines usually include a written description of the overall credit grading process and establish responsibilities for the various loan review functions. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 195

PYMNTS

MAY 7, 2020

That was not consistent with the state government, which has not yet set final guidelines for mall reopenings. In California, confusion reigned as Governor Gavin Newsom left a date of May 8 for some retail, but did not specify state guidelines and vaguely left the door open for local governments to set their own reopening plans.

Retail 141

Retail Texas Guidelines New York 141

CFPB Monitor

JANUARY 13, 2021

” The Statement is intended to provide “compliance principles and guidelines to inform and assist financial institutions in their decision making related to serving LEP consumers.”. The second section of the Statement contains “guidelines for developing compliance solutions when serving LEP consumers.” Translated documents.

Guidelines 78

Guidelines Compliance Lending System 78

PYMNTS

MARCH 26, 2020

Due to limited services via retail locations in some areas impacted by restricted movement guidelines, we are seeing increased demand for our online services. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX.

Video 286

Video Tools Risk Management Guidelines 286