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

Insights on Business

JANUARY 3, 2019

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. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

Abrigo

APRIL 19, 2016

The Office of the Comptroller of Currency, recognizing the sweeping changes in technology and business practices that are affecting financial institutions, is recommending U.S. banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? Support responsible innovation.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance."

Compliance 221

Compliance Community Bank Community Conference 221

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

PYMNTS

JANUARY 22, 2020

With the new IBM Policy Lab, IBM is looking to regulate artificial intelligence (AI) development in a way that is safe, but does not infringe upon the creation of new technology, reports said. The company wants to take a two-pronged approach: harnessing innovation while ensuring that people can trust what is going on.

Policies 131

Policies Risk Management Regulation Innovation 131

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. Technology can create efficiencies that allow them to reimagine customer interactions moving forward.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

JULY 23, 2019

. “As part of our operating set-up in India, we work with a lot of partners and we are working with them with the proposal right now on how to enable this for the country,” Guru Bhat, vice president and head of engineering of PayPal India, said in the report. .

Data 134

Data Fraud Risk Management Google 134

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. Technology can create efficiencies that allow them to reimagine customer interactions moving forward.

Lending 195

Lending Community San Antonio Survey 195

Gonzobanker

NOVEMBER 2, 2023

Trying to manage this fast-paced environment with annual plans, static operating budgets and gatekeeping project management offices is proving too slow and clunky for an industry that has innovators delivering new apps at 10x the pace of traditional banks. Once they run buzzwords and innovations through management’s “B.S.

Leadership 149

Leadership Industry Management Resources 149

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. So far, episode topics include cover loan pricing in a rising-rate environment, cannabis-related banking , and technology implementation.

Community 195

Community Lending Maine Resources 195

Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. Innovation Leader.

Resources 130

Resources Leadership Technology Management 130

Abrigo

OCTOBER 20, 2020

Learn how to support company culture and hiring long-term talent. Plan for new technology and innovations. The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession.

Management 195

Management Lending Community Strategy 195

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 109

Community Bank Strategy Risk Management Fintech 109

PYMNTS

NOVEMBER 20, 2019

PSCU aims to stay ahead of payment innovations to help ensure that its owner credit unions members’ accounts are used most frequently. As more merchants turn on near-field communication (NFC) technology and begin accepting contactless payments, it’s anticipated that more consumers will participate.

Cards 117

Cards Risk Management Study Payments 117

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. Right now the focus is on the nuts and bolts of technology. An Evolving Value Proposition.

Fintech 107

Fintech Risk Management Big Data Management 107

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

SEPTEMBER 20, 2018

Regulations are driving the trucking and logistics industry to adopt cutting-edge technologies. Customers are always struggling with how to automate things and reduce costs.” Another emerging shift is the demand for better risk management and the ability for industry players to anticipate and proactively address those risks.

Industry 158

Industry Tools Regulation Management 158

South State Correspondent

JUNE 20, 2024

A great example is how the new Section 1071 rule that requires data collection and management impacts every small business credit product a bank has. Here, product managers across the organization must work with compliance and data teams to understand how to incorporate these new requirements into each product’s workflow.

Management 195

Management Training Strategy Compliance 195

Cisco

AUGUST 9, 2022

It is part of a multipart blog series on financial regulations and how to manage them architecturally, geared towards IT leadership. The inherent risk profile is an institution’s analysis of its key technologies and operations. These are mapped into categories and include: Technologies and Connection Types.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. 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

Risk Management 134

Risk Management Survey Management Fintech 134

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. The credit cycle will turn, and you’ll have a generation of credit risk managers who’ve not been through a recession yet. Do FIs want to navigate card programs through that?”.

Cards 140

Cards Apple Data Innovation 140

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. In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

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

South State Correspondent

JANUARY 4, 2023

In addition to these technology-oriented improvements, there are also a variety of process improvements that many banks can make that are cost-free. While we will discuss how to raise deposit rates in the future, the New Year’s resolution should be to find other ways to raise deposits without resorting to rate increases.

Community Bank 195

Community Bank Capital Marketing Lending 195

PYMNTS

JUNE 4, 2018

According to a study by Fortune , over 80 percent of Fortune 500 CEOs see the technology as very or extremely important to their company’s future. For companies looking to take advantage of the technology today, AI Express offers quick results along with the know-how to move forward with a full-fledged artificial intelligence deployment.”.

Fraud 121

Fraud Risk Management Security Resources 121

Insights on Business

DECEMBER 19, 2018

In addition, the Federal Reserve and a host of other regulators have released guidance on not only how to address the opportunities of artificial intelligence in financial crime as well as risk management, but what is expected once they look to apply innovative technologies.

Regulation 111

Regulation Innovation Risk Management Compliance 111

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. Operational disruptions can be correlated across firms if they rely on the same digital technology or outsource their services to the same third parties.

Operations 124

Operations Policies System Regulation 124

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

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 in the insurance realm know what has to be done — and now the questions are about how to execute.

Payments 141

Payments Risk Management Industry Regulation 141

PYMNTS

MARCH 3, 2017

Rather, it is a question that takes shape as innovation comes, as it always does, consistently and constantly, to the payments world. In an interview with Karen Webster of PYMNTS, Janet Estep, president and CEO of NACHA, noted that technology is always under the microscope. Repeal and replace?

Payments 100

Payments Innovation System Risk Management 100

Insights on Business

MAY 30, 2018

Innovating AI in user experience (UXD) to empower the first line of defense. Laura Polak is Head, GRC Offering Management, and Christophe Delaure is Senior Product Manager for OpenPages at IBM. Over the past decade, things started to change as the responsibility of the risk team grew.

Compliance 87

Compliance User Experience Innovation Risk Management 87

Celent Banking

SEPTEMBER 3, 2015

Most regular readers of our blog will be familiar with the Model Bank programme – it recognizes effective use of technology in banking and is now in its ninth year. We celebrate the winners and their initiatives at Insight and Innovation Day (I&I), our flagship event. We want to offer tips on how to win a Model Bank award.

New York 100

New York Risk Management Maine Fraud 100

FICO

OCTOBER 24, 2017

Are you a business leader with a strong viewpoint on how to use analytics to improve business results? FICO World is recognized as the foremost international conference on applications of predictive analytics and decision management technology.

US 66

US Conference Analytics Miami 66

Alex Jimenez

NOVEMBER 4, 2023

FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. While most people talking about AI seemed to be annoyed about the buzz that generative AI has wrought, they understand that we are seeing a new phase in AI technologies.

Conference 84

Conference Meeting Trends Fintech 84

PYMNTS

SEPTEMBER 26, 2016

Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years. The evolution of increased and enhanced customer experience via technology engenders a higher level of customer expectations and benefits. percent growth the previous year (387.3 billion transactions).

Report 100

Report Payments blockchain Security 100

FICO

AUGUST 3, 2022

How Banking CIOs Can Deliver Data-Driven Intelligence at Scale. With a focus on data-driven digital transformation, how do IT teams deliver differentiated value and increase customer satisfaction directly from technology investments? Thu, 08/22/2019 - 12:37. by Richard Lagerweij. expand_less Back To Top. Wed, 08/03/2022 - 12:10.

Data 52

Data Analytics Customer Experience Technology 52