Everest Group

FEBRUARY 26, 2024

If the Capital One merger clears antitrust regulations, the combined entity would become the sixth-largest US bank by assets and a leading card issuer and network provider for the US payments market. Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments.

Banking 147

Banking Risk Management Risk Management Marketing 147

Everest Group

MARCH 16, 2023

We believe this will start a domino effect impacting banking regulations, profitability, and technology spend. Banks’ risk management functions also will be scrutinized again. For example, only one of the seven members of SVB’s Risk Committee had risk management experience.

Banking 130

Banking Service Right-Sizing Risk Management 130

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3%

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

Perficient Digital Transformation

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions.

Regulations 52

Regulations Efficiency Healthcare Automation 52

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024.

Government 77

Government Regulations Risk Management Risk Management 77

Perficient Digital Transformation

AUGUST 16, 2023

Bank Closed By Regulators Almost all bank closures happen on a Friday so that regulators can work all weekend to reopen the bank on Monday. On Monday, July 31, 2023, all four branches of Heartland Tri-State Bank were reopened as Dream First Bank branches. In 2019, it expanded by buying its fourth branch from a competitor.

Banking 52

Banking Regulations Risk Management Risk Management 52

IBM Services

DECEMBER 14, 2023

The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data. Consequently, these data breaches can rattle customer trust and the confidence of regulators. 

Cybersecurity 89

Cybersecurity Regulations Collaborations Payroll 89

Amzur

JUNE 7, 2023

As we step into 2023-2024, it becomes crucial for CFOs to stay ahead of the curve by embracing emerging trends and understanding the shifting priorities that will shape the financial landscape. Conducting a comprehensive risk assessment is another vital step. Technology plays a pivotal role in effective compliance and risk management.

Finance 52

Finance E-Commerce Analytics Risk Management 52

IBM Services

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data.

Regulations 77

Regulations Analytics Government Automation 77

IBM Services

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more.

Regulations 82

Regulations Right-Sizing Government Accounting 82

Immedus

MAY 3, 2023

The report notes that, ultimately, application leaders must “balance hyper-automation, integration, emerging technology trends, and risk management” in their selection process. Cybersecurity is of primary importance to payroll, as payslips contain sensitive data that frequently fall under tight government regulation.

Payroll 52

Payroll Marketing Cybersecurity Robotics Process Automation 52

The Scalers

FEBRUARY 14, 2023

2023 promises to be no exception, with new and sophisticated cyberattacks emerging every day. What are the dominant cybersecurity trends in 2023 and how can businesses and individuals stay ahead of the curve? However, they’ve also introduced new vulnerabilities — increasing the risk of malicious use.

Cybersecurity 52

Cybersecurity Offshoring Regulations Out-Tasking 52

Premier BPO

NOVEMBER 6, 2024

In 2023 alone, over 320 consumer goods in the United States had been recalled by their respective manufacturers, notably higher than the number of recalls in thelast few years. Companies usually call the product to protect customers and avoidstringent regulations that can cause strict action by the monitoring authorities.

Outsourcing 130

Outsourcing Pharmaceuticals Customer Support Management 130

Premier BPO

NOVEMBER 22, 2024

This closely matches the 2,459 recalls in the same period of 2023. 2 Besides stringent financial implications, brands risk losing years of consumer trust, damaged customer retention, and long-term profitability losses. This reduces the risk of penalties and safeguards your brand reputation in regulated markets.

Outsourcing 100

Outsourcing Management Co-Sourcing Regulations 100

Perficient Digital Transformation

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Often an organization will have a state-charted non-member bank, which has the FDIC as its primary federal regulator. Introduction It’s not you. It’s the guidance.

Banking 52

Banking Management Regulations Risk Management 52

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. In 2023, Riskonnect joined the United Nations Global Compact initiative.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

IBM Services

JANUARY 30, 2024

billion in 2023. Build a zero-trust security approach According to a recent IBM IBV study , the average organization uses more than eight to nine cloud infrastructure environments at any given time, increasing the risk of security threats from bad actors and putting sensitive data at risk. to total $678.8

Regulations 98

Regulations Automation Flexibility Software 98

Perficient Digital Transformation

JANUARY 16, 2024

This blog, the first in a series by Perficient’s Risk and Regulatory Center of Excellence (CoE), provides actionable measures your company can adopt to safeguard against senior-level embezzlement risks and maintain the integrity of your institution’s financial transactions.

Regulations 52

Regulations Advisory Risk Management Risk Management 52

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence Perficient’s Risk and Regulatory Center of Excellence (CoE) remains at the forefront of evolving financial rules and regulations, ensuring readiness to tackle emerging challenges and safeguard financial institutions and its customers.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

Inventory Management 52

Inventory Management Regulations Banking Government 52

IBM Services

APRIL 3, 2024

These new rules join existing regulations in both the US and around the world requiring companies to make climate-related disclosures and provide other ESG-related metrics. Explore IBM Envizi ESG Suite today The client is responsible for ensuring compliance with all applicable laws and regulations.

Regulations 55

Regulations Risk Management Risk Management Management 55

Perficient Digital Transformation

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time. In the first quarter of 2023, these balances plunged over 40% due to reported U.S.

Accounting 52

Accounting Banking Retail Risk Management 52

Future of Sourcing

MAY 23, 2023

A popular ride-hailing app , international airline , and world-renowned brewing company all experienced significant data breaches tied to third-parties in the first four months of 2023, and they’re not the only ones. The recent rise in cyber attacks has prompted proposed cybersecurity regulations worldwide.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Pharmaceuticals 52

Perficient Digital Transformation

APRIL 18, 2024

Open banking transforms the way financial data is shared and accessed, allowing third-party data providers and other banks to access financial data in traditional banking systems through application programming interfaces (APIs). Traditionally, banks hoarded financial data, sharing it sparingly on a need-to-know basis.

Banking 52

Banking Regulations Retail Accounting 52

IBM Services

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Perficient Digital Transformation

JANUARY 3, 2024

Additionally, these branches underwent annual on-site inspections to ensure compliance with regulations. This approval indicates that the industry has gained the support of regulators to leverage technology for supervisory and surveillance purposes. Reduction in inspection frequency from annually to every three years.

Service 52

Service Regulations Flexibility Risk Management 52

NoonDalton

OCTOBER 5, 2022

billion in April 2022 and will be worth $ 208 billion by 2023. It can include everyone you need for your project, such as developers, managers, analysts, scrum masters, and so on. However, these individuals function autonomously; they have their own system and regulations. Supervising and Management.

Outsourcing 86

Outsourcing Out-Tasking Flexibility Collaborations 86

Perficient Digital Transformation

NOVEMBER 21, 2024

The compliance deadline, however, depends on the firm’s total receipts from calendar years 2023 and 2024. The ruling demands action from all non-depository firms (e.g., This effort carries out the personal financial data rights established by the Consumer Financial Protection Act of 2010 (CFPA).

Banking 52

Banking Accounting Regulations Engineering 52

IBM Services

JANUARY 16, 2024

Listen: The Art of AI featuring a Financial Industry perspective with Citigroup Trend: Generative AI One of the, if not the, biggest technological advancements made in 2023 was generative AI. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

Service 51

Service Banking Risk Management Risk Management 51

Immedus

JULY 19, 2023

The world of 2023 is in a state of rapid flux. Risk Management And Cybersecurity Global payroll providers can centralize and streamline data by moving it onto the cloud. Many countries have their own set of regulations as to how payroll teams must handle sensitive data like income, ID numbers, and addresses.

Payroll 52

Payroll Marketing Cybersecurity Risk Management 52

Infosys Consulting

JULY 11, 2023

We will witness major disruptions specifically in the energy trading area, in the way to do business, government and international regulations and the changing use of technology. As the regulatory framework develops, increased amounts of data are required to be stored and reported to respective regulators.

Risk Management 40

Risk Management Risk Management Regulations Finance 40

Capgemini

JANUARY 9, 2024

Sustainability in 2024: How businesses can transform for eco-conscious success Miguel Sossa Nov 14, 2023 Facebook Twitter Linkedin A common mistake companies make when transitioning to a green economy is to plan for the world as it currently is, as opposed to the world it’s rapidly becoming. How about technology?

Government 52

Government Regulations Right-Sizing Collaborations 52

IBM Services

APRIL 21, 2023

CSRD will be mandatory for all large European companies and companies listed on the EU regulated markets, including EU subsidiaries of non-EU parent companies. CSRD is mandatory for all large European companies and those listed on the EU-regulated markets, including EU subsidiaries of non-EU parent companies.

Regulations 44

Regulations Government Advisory Management 44

Amzur

FEBRUARY 20, 2025

The American Hospital Association (AHA) strongly advises senior hospital leaders to view cybersecurity as a strategic priority that should be deeply integrated into the organizations governance, risk management, and business continuity frameworks.

Healthcare 59

Healthcare Cybersecurity Automation Government 59

NoonDalton

JUNE 12, 2023

In fact, the gig economy is expected to grow to an astronomical $455 billion by the end of 2023. Why is it a Risk for SMEs to Lean on the Gig Economy for Talent? While freelancers may offer unique talents and flexibility, the absence of structured processes and formal support systems poses inherent risks.

MicroSourcing 52

MicroSourcing Offshoring Outsourcing Flexibility 52

Everest Group

JUNE 30, 2024

billion penalty in 2023 due to lapses in anti-money laundering program. Traditionally, R&C outsourcing in the BFSI sector has been limited to areas like KYC, AML, credit risk, operational, and third-party risk management, with some audit support services. For example, Binance faced a US$4.3 So, what’s the solution?

Outsourcing 130

Outsourcing Insurance Banking Risk Management 130

Capgemini

NOVEMBER 22, 2023

EU Crypto-Assets Regulation (MiCA): What Businesses Need to Know Patrick Stillman 10 November 2023 Facebook Twitter Linkedin This summer’s introduction of the Markets in Crypto-Assets ( MiCA ) is a significant step toward the harmonization of cryptocurrency regulation at the EU level. MiCA – What Is It and What’s in Scope?

Regulations 52

Regulations Banking Advisory Government 52