Perficient

FEBRUARY 27, 2025

This will require being more inquisitive and innovative compared to previous years, as the adoption of AI and cloud technologies continues to expand. By ensuring compliance with regulations, banks mitigate risks and maintain trust with customers and regulatory authorities.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Perficient

MARCH 17, 2025

The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management.

Trends 221

Trends Analytics Compliance Strategy 221

Perficient

AUGUST 3, 2023

Risk Management , Anti-Money Laundering, & Fraud Protection Financial institutions invest heavily in security and risk management, but prevention and recovery progress are delayed by manual reporting and disparate systems.

Industry 83

Industry Risk Management Customer Experience Fraud 83

Perficient

OCTOBER 24, 2024

As noted at the time 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.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

DECEMBER 20, 2024

Managing the profitability of loans and deposits in a volatile interest rate environment will be a key focus for banks and credit unions, he said. Focusing on the economy, credit risk, and allowances Another rate-related issue that managers of credit portfolio risk management will face is economic uncertainty.

Management 195

Management Risk Management Trends Lending 195

Abrigo

OCTOBER 9, 2024

In fact, smaller institutions can benefit from a more streamlined approach that focuses on the most relevant risks, such as local economic conditions or concentrations in specific loan types.

Risk Management 195

Risk Management Management Compliance Data 195

Abrigo

OCTOBER 22, 2024

But here’s where it gets interesting: as threats evolve, so too does the technology used to fight them. Our intelligent fraud detection software and risk management tools help fraud professionals in their fight against financial crime. financial institutions manage risk and drive growth in a rapidly changing world.

Security 221

Security Fraud Community National 221

Abrigo

MARCH 31, 2025

The lender needs to put forth an accurate and complete picture of the borrowernot only for the borrowers sake, but also for the financial institutions risk management. The content should expand or contract based on the deals risk and complexity. Its an objective assessment of what you have said in your credit memo, Kirby said.

Analysis 195

Analysis Risk Management Management Data 195

Abrigo

MARCH 21, 2023

If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. Learn more strategies and tactics that are useful in managing funding in volatile environments with this on-demand webinar.

Risk Management 195

Risk Management Management Strategy Lending 195

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. It can fully accommodate rapid business expansion and future needs for competitive Treasury management operations.”.

Risk Management 160

Risk Management Software Tools Management 160

Abrigo

FEBRUARY 12, 2025

Leverage automation: smarter loan decisioning through technology The key to faster, more efficient loan decisioning is automation. Financial institutions that still rely on manual underwriting and multi-layered approval processes are at a disadvantage. Fintechs are thriving on our inertia," said Kirby.

Lending 195

Lending Risk Management Community Fintech 195

Perficient

AUGUST 4, 2024

In today’s rapidly evolving digital landscape, financial services organizations are increasingly relying on cutting-edge technologies to stay competitive and deliver exceptional services to their clients. Enhanced Risk Management Risk management is a critical aspect of financial services.

Industry 467

Industry Compliance Examples Risk Management 467

Bobsguide

APRIL 19, 2022

Following CompatibL’s recent win at Risk.net’s Markets Technology Awards 2022, Alexander Sokol spoke about the advantages of the new machine learning models for portfolio validation and risk management. This machine learning technology allows market risk measures to be generated from shorter series.

Technology 147

Technology Marketing Risk Management Management 147

Abrigo

NOVEMBER 13, 2024

Thousands of banks, credit unions, and accounting firms use our risk management and lending solutions, contributing to this cooperative data model for banking intelligence. Abrigo’s proprietary analysis comes from the largest real-time database of private-company financial statement information in the United States. Nearly all U.S.

Lending 221

Lending Meeting Data Risk Management 221

Cisco

JUNE 7, 2022

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Perficient

MARCH 25, 2025

Their focus on: Aligning data management with regulatory requirements Ensuring accurate financial reporting Improving decision-making processes resulted in better risk management, increased regulatory compliance, and enhanced customer trust through secure and reliable financial services.

Data 221

Data Case Study Compliance Regional 221

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

Abrigo

FEBRUARY 28, 2025

The technology used to perpetrate financial crimes may be changing, but these common fraud typologies aren't going anywhere. FIs must stay up with the newest schemes and typologies, and processes, and education must reflect the most current technology being used to commit fraud.

Fraud 221

Fraud social media Training Community 221

Abrigo

MARCH 21, 2025

Risk management and internal controls Integrate CRA into risk frameworks: Ensure that community reinvestment initiatives are part of the institution's overall risk management strategy. This includes identifying risks associated with underinvestment in communities and addressing them proactively.

Compliance 195

Compliance Strategy Data Lending 195

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JULY 27, 2020

Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.

Risk Management 150

Risk Management Management Community Payments 150

Abrigo

FEBRUARY 25, 2025

The speed advantage may be due to large banks greater use of automated lending technology, the FDIC said, although large banks increased reliance on hard credit-scoring information may also play a role. Among large banks, 42% currently use financial technology in small business lending, compared to 30% of small banks, according to the FDIC.

Lending 195

Lending FDIC Policies Analysis 195

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management.

Regulation 309

Regulation Industry Risk Management Analysis 309

Bobsguide

MARCH 21, 2022

CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Middle-Office Solution: CompatibL Risk Platform. Software Solution of the Year: CompatibL Risk Platform. About the FTF News Technology Innovation Awards. Voting will close on April 22.

Innovation 147

Innovation Technology Risk Management Analytics 147

Perficient

FEBRUARY 12, 2025

As technology advances and consumer expectations shift, staying ahead of these trends is crucial for success. As these AI technologies evolve, they will transform consumer interactions with payment systems, fostering a more inclusive and sustainable financial ecosystem.

Trends 221

Trends Payments Compliance blockchain 221

Perficient

OCTOBER 12, 2020

Specializing in cloud-based business transformation, Perficient’s new Treasury Technology practice will improve client’s global banking footprints through bank connectivity and address concerns for payment fraud. Building bank connectivity without the Kyriba solution requires costly and risky custom development. ”

Risk Management 309

Risk Management Fraud Management Compliance 309

PYMNTS

MARCH 26, 2020

Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX. Western Union will use Integral’s technology for its electronic foreign exchange (eFX) risk management technology across the Western Union Business Solutions program.

Video 286

Video Tools Risk Management Guidelines 286

Perficient

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 275

Risk Management Tools Management United States 275

Gonzobanker

OCTOBER 31, 2024

The FDIC issued a consent order against Discover Bank last year for lacking oversight into third-party risk management and a compliance vendor management program. Smart leaders use performance scorecards to keep the board informed. Too many financial institutions are serving as software testers.

Risk Management 140

Risk Management Management FDIC Software 140

PYMNTS

OCTOBER 19, 2020

Other benefits, the release says, include extended pre-approvals for card spend, better security when paying with virtual card technology and using the card payment cycle to better management working capital for buyers. customers to thrive in this challenging environment by empowering them to pay using virtual Card technology.

Cards 319

Cards Risk Management Tools Policies 319

PYMNTS

AUGUST 9, 2020

The benefits for Google include a unified and accurate supplier record, the ability to integrate supplier qualification and segmentation with other procurement processes, and compliance for supplier risk management throughout the supply base.

Google 362

Google America Risk Management Regional 362

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The new federal risk guidance for banks does not remove the need for sound risk management. Introduction It’s not you. It’s the guidance.

Management 221

Management Risk Management Regulation Compliance 221

Abrigo

DECEMBER 22, 2023

Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. If your financial institution is considering new banking technology, read this blog for decision-making tips. Reduce operating cost while ensuring loan policy consistency.

Lending 221

Lending Risk Management Community Management 221

Jack Henry

NOVEMBER 18, 2024

Your guide to an AI risk management framework. Learn about financial institution AI risks, how to mitigate them, & what to include in your AI risk framework.

Risk Management 78

Risk Management Management How To Strategy 78

Chris Skinner

APRIL 18, 2017

The banker took exception to purely being a store of value, and felt that the risk management aspect of banking was a critical part of their function. I argued that the bank’s risk management function is being eaten by software.

Risk Management 321

Risk Management Analytics Lending Software 321