AI-Driven Data Lineage for Financial Services Firms: A Practical Roadmap for CDOs
Introduction Imagine just as you’re sipping your Monday morning coffee and looking forward to a hopefully quiet week in the office, your Outlook dings and…
Carl Aridas
Wire Room Math: AI + SME = (Less Compensation Paid) X (Headline Risk + Payment Errors)^2
At the absolute basic level, banks take money in and also send money out. Sort of like saying NASA launches spaceships and then bring them…
Advantages of Tokenization Documented with Apple Pay
This blog is offered to readers who may be interested in seeing how Apple Pay fits into their payment priorities. Whether executives of merchants or…
An Introduction to PAPSS – Pan African Payment and Settlement System
In existence since just July of 2019, the Pan African Payment and Settlement System (PAPSS) has in many ways surpassed the payment and settlement process…
OCC Comptroller Offers Regulatory Guidance Toward AI
On June 6, Acting Comptroller of the Currency, Michael J. Hsu, addressed the 2024 Conference on Artificial Intelligence (AI) and Financial Stability, providing critical regulatory…
A Review of Capital Ratio Requirements of Credit Unions
How are Federal Credit Unions Regulated? Banking professionals are aware that the Federal Reserve Bank (Fed), the Office of the Comptroller of the Currency (OCC),…
OCC Considers Artificial Intelligence an Emerging Risk in Banking
This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI)…
U.S. Regulators to Bank Boards: “Debt is Good”
Just before Labor Day, the federal banking regulators – The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal…
Joint Guidance Provided to Banks to Manage Risks Associated With Third-Party Relationships
It’s not you. It’s the guidance. Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Often…