Abrigo

JUNE 4, 2024

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." The ThinkBIG panel gave several perspectives on how to approach credit quality and deposit stability. watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes.

Compliance 221

Compliance Community Bank Community Conference 221

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. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

Abrigo

FEBRUARY 25, 2022

Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As While FinCEN has provided no specific, written regulations yet, more clarification is expected soon.?

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

NOVEMBER 17, 2023

This , of course , doesn’t include fraud losses that were not filed due to the victim's embarrassment or lack of knowledge on how to report. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. They should always be. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. How CFIs Can Remain Relationship-Focused in a Digital World.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Fintech 107

Fintech Risk Management Big Data Management 107

Gonzobanker

FEBRUARY 23, 2022

As the collision of traditional banking and fintech continues, there will be more competition and more innovative banking solutions due to the increasing number of actors seeking defensible niches and operational scale. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.

Community Bank 109

Community Bank Strategy Risk Management Fintech 109

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Capitalizing on PPP innovations for a better experience. How CFIs Can Remain Relationship-Focused in a Digital World.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. As Lopez explained, recent regulatory changes have shifted the responsibility of chassis management from steamship lines to chassis pool companies. Customers are always struggling with how to automate things and reduce costs.”

Industry 158

Industry Tools Regulation Management 158

Insights on Business

DECEMBER 19, 2018

FINRA and other regulators have informed firms of their expectation to adopt practices of “heightened supervision” to isolate high-risk brokers and activities, including those who have previously committed financial crimes. Heightened supervision expands the aperture. Join the discussion.

Regulation 111

Regulation Innovation Risk Management Compliance 111

PYMNTS

NOVEMBER 19, 2019

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said. Near-Term Challenges.

Cards 140

Cards Apple Data Innovation 140

BankUnderground

NOVEMBER 2, 2022

FMIs are utility-like entities, and their services are expected to be reliable and founded on sound risk management, much like our expectations for electricity provision. An operational disruption at one of these unregulated tech firms could have implications for a large number of regulated firms that depend on their services.

Operations 124

Operations Policies System Regulation 124

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. financial institutions, the FFIEC released new guidance and a Cybersecurity Assessment Tool for institutions to self assess their risks and determine their cybersecurity maturity.

Tools 114

Tools Leadership Handbook Security 114

Abrigo

AUGUST 12, 2019

Abrigo is bringing together the nation’s leading conferences on the new current expected credit loss (CECL) standard, MainStreet Technologies’ National CECL Conference, and the leading conference on lending, credit and portfolio risk best practices, Sageworks’ Lending & Risk Summit. For the full ThinkBIG agenda, click here.

Conference 150

Conference Lending National Risk Management 150

FICO

APRIL 6, 2017

While some new market entrants may have a vested interest in pushing AI solutions, the fact is that traditional scorecard methods and AI bring different advantages to credit risk modeling — if you know how to use them together. Take, for example, our new credit decisioning solution, FICO Origination Manager Essentials – Small Business.

How To 96

How To social media Analytics Examples 96

PYMNTS

MARCH 16, 2018

Certainly regulations like PSD2 and the U.K.’s Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I TMS providers have great platforms, and we have a great position in risk management as it relates to FX.”.

Risk Management 134

Risk Management Survey Management Fintech 134

PYMNTS

DECEMBER 3, 2019

Lots of innovators come to market claiming they’re ready to explosively disrupt the status quo, but the number of products that actually do manage that kind of up-and-to-the-right adoption pattern are far fewer in number. Those are, in most cases, larger payments, regulated payments and fairly rare payments.

Payments 141

Payments Risk Management Industry Regulation 141

PYMNTS

JULY 25, 2018

As more states open up online gambling to residents, they are also passing unique regulations that often differ not just from regulations in other states, but also other countries, where not just sports betting, but a range of online casino games and other forms of gambling are legal. It’s quite tricky in the U.S., com must clear. “If

Online 100

Online Regulation Fraud New Jersey 100

FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations.

Compliance 52

Compliance Regulation Data Risk Management 52

Alex Jimenez

NOVEMBER 4, 2023

Regulation and Compliance: Not one of the more exciting topics, but there seems to be a growing emphasis on FinTech regulation and compliance, particularly around industry stability and consumer protection. Financial Inclusion: The need for the industry’s support of underserved populations and regions came up often.

Conference 84

Conference Meeting Trends Fintech 84

PYMNTS

JUNE 20, 2019

The last thing that anyone wants to hear in almost any financial organization is that the people tasked with risk management is feeling less than fully confident about their ability to actually do that job — because they aren’t sure if their data is good. The Innovative Steps Forward.

Data 166

Data cryptocurrency Regulation Compliance 166

PYMNTS

JULY 2, 2018

In a recent webinar with Karen Webster, Epperson explained why it’s time to take a more strategic view of RegTech, asking not only what your organization can do to appease regulators, but how to make RegTech deliver a competitive advantage for the organization, too. Common Concerns. Why RegTech?

Compliance 109

Compliance Regulation Meeting Strategy 109

FICO

APRIL 5, 2017

While some new market entrants may have a vested interest in pushing AI solutions, the fact is that traditional scorecard methods and AI bring different advantages to credit risk modeling — if you know how to use them together. It’s designed to help lenders make faster origination decisions without increasing risk.

How To 52

How To Analytics social media Data 52

PYMNTS

SEPTEMBER 15, 2017

I love good banks, and I love good bankers, but we are not the likely source of innovation in financial services,” Taylor noted. “It It is very hard to innovate when you have that many responsibilities and warranties to uphold. We teach people to be low-risk consumers and that helps them learn about how the system works.

Fintech 198

Fintech System Lending Cards 198

Insights on Business

MAY 6, 2019

Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow. Whichever the case may be, understanding how to incorporate model governance while accomplishing the goal of quick and efficient fraud prevention is essential.

Fraud 102

Fraud Regulation Compliance Analytics 102

Gonzobanker

MARCH 25, 2016

Especially the “transformation” candy from cheery innovation gurus, caffeinated buzzword generators, and other esteemed members of the disrupterati. Bad news : Let’s face it, the biggest innovation challenges right now aren’t new products, technology, and business models. The big challenges are culture and risk management.

Exercises 60

Exercises Innovation Risk Management Conference 60

FICO

OCTOBER 20, 2022

In uncertain environments, lenders seek ways to address credit risk management gaps likely to emerge with a potential recession. Mohit advised lenders to understand what the new normal will look like and how to gauge credit risk profile uncertainty. Building resilience into credit portfolios.

Strategy 52

Strategy Tools Analytics Risk Management 52

FICO

OCTOBER 20, 2022

In uncertain environments, lenders seek ways to address credit risk management gaps likely to emerge with a potential recession. Mohit advised lenders to understand what the new normal will look like and how to gauge credit risk profile uncertainty. Building resilience into credit portfolios.

Strategy 52

Strategy Tools Analytics Risk Management 52

FICO

JULY 1, 2022

Director, Product Management at FICO, and included panelists: Julie Conroy , Head of Risk Insights and Advisory at Aite-Novarica Group (US). Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). Kerem Özdamar , Fraud Risk Analysis & System Development Manager at Garanti BBVA (Turkey).

Fraud 52

Fraud Trends South Carolina Risk Management 52

Insights on Business

FEBRUARY 15, 2018

Fortunately, for those financial institutions that understand how to take advantage, RegTech has ushered in a new era of optimism and transformed the path to success. New methodologies and technologies such as artificial intelligence are empowering firms to finally gain control of their risk and compliance efforts.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

FICO

AUGUST 3, 2022

Business leaders are motivated to invest in the right technology to drive innovation and growth, and they are hungry for improving their ability to make more intelligent decisions. Review the FICO Platform Reference Architecture to understand how to connect, develop, and deploy data-driven decisions and AI-powered solutions.

Data 52

Data Analytics Customer Experience Technology 52

PYMNTS

APRIL 6, 2017

While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate. But how to abide by these new practices are not always clear to financial institutions.

Resources 100

Resources Training Payments Operations 100

PYMNTS

SEPTEMBER 27, 2017

this issue has come to light as small businesses, FinTechs and regulators work to address late payments, which often occur when large corporations pay their small business suppliers on delayed payment terms, or even past those payment due dates. will change anytime soon, despite innovations like eInvoicing. In the U.K.,

Payments 100

Payments Lending Risk Management Management 100

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

Independent Banker

FEBRUARY 24, 2016

Along with an expanded lineup of general session presentations, more than 200 companies will be exhibiting at Expo to discuss the industry’s latest product and service innovations. Tech entrepreneur and New York Times bestselling author on business creativity, innovation and reinvention. Regulators Luncheon*. Coldwater, Ohio.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Independent Banker

DECEMBER 31, 2021

How long is your to-do list? Like most other community bankers, you spent many long nights processing Paycheck Protection Program (PPP) loans, planning how to do business in a pandemic and much more throughout 2020 and 2021. Regulators haven’t yet broached the subject with them. By Katie Kuehner-Hebert.

Community Bank 144

Community Bank Community Lending Louisiana 144

Lex Sokolin

SEPTEMBER 3, 2020

The venture capital games of embedded finance , open banking, PSD2 and API, all of these revolve around the premise that banks are behind on cloud technology and do not know how to package and deliver financial products to where they matter. The speed of innovation is blinding, and who knows what fortune the market will provide us.

blockchain 52

blockchain Software Capital Technology 52