Abrigo

OCTOBER 9, 2024

In this blog, we explore how banks and credit unions have adapted their approach to Q factors under CECL and share insights from an Abrigo advisory webinar on managing this critical part of the ACL process. For example, "If you're an institution that operates on the coast, you probably have real seasonal risk from weather.

Risk Management 195

Risk Management Management Compliance Data 195

PYMNTS

AUGUST 13, 2019

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said.

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National Operations Cards Metro 128

South State Correspondent

FEBRUARY 18, 2024

We recently reviewed a loan term sheet from a national bank for a $13mm commercial real estate (CRE) loan. This particular national bank has the ability to offer the borrower an interest rate hedge or an on-balance sheet fixed-rate loan. The loan leverage ratio is 10.83 (total debt divided by net operating income (NOI)).

Management 195

Management National Guidelines Capital 195

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The same organization will typically have a national bank charter, and the OCC is the primary federal banking regulator for that part of the organization. It’s the guidance.

Management 221

Management Risk Management Regulation Compliance 221

Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Perficient

JUNE 11, 2020

Join us at Tony Kratovil, RVP of Manufacturing at Salesforce, and Eric Dukart, National Sales Executive at Perficient, discuss why the right digital strategies are critical in the wake of COVID-19. Insights for stabilizing operations, accelerating partner management, and developing a digital strategy that differentiates your business.

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Management Digital Strategies Strategy Resources 332

Perficient

JULY 16, 2020

Expand access to all clinical specialties virtually, deploying a clinical operating model that seamlessly provides both virtual and physical care as needed/demanded. The New Challenge: Creating A Pluralistic Clinical Operating Model. The Essential Dimensions of the Pluralistic Clinical Operating Model.

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Operations System United States Video 309

Cisco

JUNE 7, 2022

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. The subsequent regulatory activity in response to these events focused on operational risks. Cyber risk is the largest and fastest growing operational risk within financial services.

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Risk Management Management Cyber Security Handbook 118

South State Correspondent

FEBRUARY 22, 2023

Non-Expert Deposit Pricing Management – How To Destroy Bank Franchise Value The best way to quickly destroy value is to peg a deposit product to an index such as SOFR, Prime, Fed Funds, or Treasuries. However, this doesn’t tell the whole story when it comes to deposit management.

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Management Marketing Branding Strategy 195

PYMNTS

NOVEMBER 11, 2020

Deutsche Bank has opened a new cash management business in Australia, which will add to its global portfolio, according to a press release. Deutsche Bank now operates a global network of cash management services in 35 locations with 14 in the Asia Pacific, the release stated.

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Management National Payments Innovation 153

South State Correspondent

APRIL 13, 2020

If you are in the military or public safety and have participated in a tactical operation center, you are likely familiar with the "Planning P." The Planning P is a national framework that helps quickly assimilate information and drive to decisions.

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Management National Tools Operations 195

PYMNTS

FEBRUARY 1, 2021

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. The pandemic has added heat to this fire, driving many firms harder to find quick-to-adopt options for digitizing their AR operations.

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Data Management Omaha System 234

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. Cyber attacks are regularly cited as one of the top risks faced by firms in the financial sector and one of the most challenging to manage. Rachel Adeney and Amy Fraser.

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Operations Policies System Regulation 127

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November. The App Drivers and Couriers Union (ADCU), a U.K.-based

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Operations Regulation Groups Data 154

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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National Security cryptocurrency US 187

Perficient

NOVEMBER 1, 2024

The following year, in December 2023, the US Treasury Department issued an RFI that sought input to inform its development of a national financial inclusion strategy; that RFI included questions related to the use of technologies such as AI in the provision of consumer financial services.

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Regulation US Community National 221

PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

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Operations Payments Cards Mobile 192

Jack Henry

JULY 25, 2023

Rates are on the move, and with that comes a renewed focus on Asset Liability Management (ALM). As reported by American Banker and National Credit Union Administration , there has been a significant swing in deposit rates, with even more change on the horizon.

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Management National Report Operations 78

PYMNTS

MARCH 29, 2019

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.

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Washington National Google Apple 134

PYMNTS

FEBRUARY 23, 2020

There was such a demand for the classes that Emmanuel Babalola, Binance’s Nigerian business manager, said it’ll hold further classes. Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb.

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Operations Fraud Capital Marketing 151

PYMNTS

APRIL 22, 2019

Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. Schoch pointed to that operational model as a key example. “We’re starting to look at solutions that have significantly different modes of operations,” he said.

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Operations Payments System Compliance 159

FICO

JULY 15, 2021

But thanks to nonprofit organizations like Operation HOPE — which collaborates with financial institutions, corporations, municipal agencies, and community organizations to help low- and mid-income Americans achieve financial independence — credit education is available more widely than ever before. Operation HOPE Global Board of Advisors.

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Operations National Community Analytics 98

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Community Bank Community National Fresno 196

South State Correspondent

JULY 5, 2022

In a stagflation environment, as interest rates rise and cash flow (earnings before interest, taxes, depreciation, and amortization (EBITDA), or net operating income (NOI)) decreases, the borrower’s capacity to service debt as measured by the debt service coverage ratio (DSCR) decreases rapidly. in December 2021).

Management 195

Management Capital US Community Bank 195

PYMNTS

MARCH 3, 2020

The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” in the fall of 2019.

ATM 168

ATM Bitcoin National Miami 168

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank. In 2019, it expanded by buying its fourth branch from a competitor.

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United States Kansas FDIC Risk Management 221

PYMNTS

MAY 20, 2020

In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20). Luno General Manager Marius Reitz told the outlet, “It’s markets we have a keen interest in, and Ghana and Kenya are high on our list.”.

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Bitcoin blockchain Operations cryptocurrency 131

PYMNTS

FEBRUARY 20, 2020

Inventory management is a constant struggle for many businesses, particularly QSRs. One notable inventory management challenge occurred last year when the fried chicken QSR chain Popeyes introduced a new chicken sandwich. Cloud inventory management software can also mitigate the industry’s constant struggle with food waste.

Management 130

Management Software Tools Massachusetts 130

FICO

MARCH 15, 2021

We recently announced our milestone 15th financial education event of this national program and we couldn’t be prouder of how much the program expanded in the last two years. In a collective post-event survey, 94% of attendees said that the event gave them the tools they needed to manage their finances better in the future.

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National Illinois United States Resources 98

PYMNTS

MARCH 3, 2020

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100 million in cryptocurrency, and TurboTax’s deal to buy Credit Karma has sparked antitrust concerns. Two Chinese Nationals Charged With Laundering $100M In Crypto.

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Apple National cryptocurrency Payments 132

Perficient

NOVEMBER 4, 2024

The report recommended that the agency develop a sector-specific AI Risk Management Framework. They also noted that, as with any activity or process in which a bank engages, identifying and managing risks are key. Explainable AI AI systems that are part of banks’ risk management models must be explainable.

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FDIC Regulation Risk Management Compliance 221

PYMNTS

AUGUST 22, 2019

PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release.

Management 116

Management Regional Leadership Meeting 116

PYMNTS

AUGUST 4, 2020

Intuit , maker of QuickBooks, has inked a deal to purchase inventory and order management technology provider TradeGecko. The need for a single tool that can reduce operational complexity for product-based businesses is acute.”. The deal is forecast to close in September of this year, according to an announcement from Intuit.

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Rhode Island Management Tools Taxes 130

PYMNTS

AUGUST 28, 2019

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies.

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Policies National cryptocurrency Bitcoin 116

South State Correspondent

JULY 24, 2024

Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points. They put $40,000, which is the national average for this type of account, on deposit to save for an emergency capital expense, such as if they must replace a forklift or cargo van.

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South Carolina Marketing Capital Idaho 417

PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.”

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Management Risk Management Survey Security 145

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