Search Results for: Risk Reporting
360factors Launches Predict360 Peer Insights, a Peer Performance Benchmarking Solution for U.S. Banks
360factors, Inc., the industry leader in risk and compliance intelligence software for banks and financial services organizations, announced that the company has launched Predict360 Peer Insights, an innovative software solution that enables banks to quickly and easily select, compare and report their performance metrics with those of their peer institutions. Read......
Penn Community Bank Selects Moody’s Analytics to Automate CECL Workflow
Moody’s Analytics announced that Penn Community Bank has selected the ImpairmentStudioTM solution to support its adoption of the Current Expected Credit Loss (CECL) accounting standard. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers Penn Community Bank selects Moody’s Analytics to automate its CECL workflow Banks and credit......
VeChain Introduces New Blockchain-enabled Sustainability Solution To Power “Green Business” For Enterprises
As consumer behaviors shift towards greener and more sustainable products due to climate change awareness, companies are increasingly looking to integrate a more sustainable approach to their businesses. Market-leaders such as Nike, Adidas, H&M & Amazon are already placing sustainability at the forefront of their global product and marketing strategies. Read More: Habito, UK’s Digital Mortgage......
Regulating Cryptocurrency – Global Lessons From South Africa
“Cryptocurrency is the perfect way to launder money”. This has been the view of many hackers, fraudsters and even regulators. The creation of a distributed network of servers allowing anonymous accounts and the instant transfer of value anywhere in the world was initially seen as an opportunity to launder illicit......
Mazars in South Africa Selects Verady’s Ledgible for Crypto Asset Confirmations
Verady, the leading cryptocurrency tax and accounting software company, announced Mazars in South Africa international audit, tax and advisory firm has selected Ledgible to supply confirmation and reporting around its clients’ digital currency audits. Understanding how digital assets align with accounting, reporting and verification is key to the adoption of cryptocurrency worldwide. Ledgible is the bridge......
Investment Metrics Announces Plan Universe on Market Insights, a New Standard for Institutional Plan Performance Benchmarking, Research, and Analysis
The Next Generation of Plan Universe with Expanded Capabilities, Offering Exceptional Insights into Institutional Investment Performance Investment Metrics (IM), a leading provider of analytics, reporting, and benchmarking solutions for the institutional investment market, today announced the next generation of Plan Universe on its Market Insights platform. The new analysis and......
Technology App Offers Immediate Life Insurance Coverage for First Responders
As COVID-19 takes its toll, people are thinking about life insurance in a new light. Only about half of U.S. adults have this coverage, which provides cash payments to survivors. About a third of those have life insurance through their employers, another concern as companies downsize or close their doors.......
AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
COVID-19 and Automation are Changing Finance for Good
It’s been more than three months since the World Health Organization declared COVID-19 a global pandemic. Since then, communities have joined together to “flatten the curve” by closing buildings, limiting social interaction, and increasing testing. Similarly, the business landscape has been hit by massive changes. Organizations across all industries –......