Bankingtech

Anti-money laundering (AML) initiatives are essential for any banking institution for prevention and protection. Unfortunately, with so many transactions and regulations it can be hard to instill initiatives that monitor…

Last week Las Vegas was host to some of the brightest minds in the financial services sectors. Despite what you might think, these men and women were not there to…

In today’s highly competitive financial services market it’s an uphill battle to keep clients satisfied and win new business. But there is one, somewhat secret, weapon that many organizations have…

For banks, credit unions, and other financial services organizations delivering exceptional customer experience has always been an essential part of business success. Where tellers and managers could once foster customer…

Faced with a daily barrage of messages, ads, and advice about new technologies that can take business to new heights, it’s no wonder that some organizations view these “shiny objects”…

In the fight against money laundering, financial institutions enlist multiple tools including artificial intelligence, machine learning, and strategic partnerships. The price for failing to maintain AML efforts is severe, with…

Whenever a new technology enters a market it comes with both tales of hyperbolic virtue and the need for extreme caution. The introduction of AI and ML tools to fight…

For financial institutions, IT management is a large part of daily operations. From record keeping to stakeholder communications and data capture, financial institutions are burdened with large amounts of data…

It’s estimated that money laundering and other financial crimes defraud banks of between $3 and $5 trillion dollars in an average year. And, yet, despite a sizeable investment by all…

Today, whether they like it or not, financial services organizations are technology companies. Data capture, record keeping, stakeholder communications, and internal operations square off against regulatory and security concerns; combined…