Mohan Gurupackiam’s Post

"There is one way to stop ALL fraud," Matthew Salisbury told me in this recent interview. "And that is to service no customers whatsoever and close down your business, but that’s not realistic, so you do have to take on some risk." Honey Badger HQ Co-Founder and CEO, Matt Salisbury and I discussed how financial institutions, lenders and fintechs can balance this risk of fraud, with the need to deliver on onboarding new customers and meeting revenue targets. Watch the full discussion now for more on minimising friction at onboarding, understanding risk appetite and leveraging data to mitigate fraud. #fraudprevention #digitalidentity #fidfinance Future Identity Fintech Talents Marija Deanovic Lisa Moyle Victor Cruz Charlie Onions Katie Pollitt Onesha Liyanage João Magalhães Max Calica Malcolm O'Reilly Anna Kochanova https://lnkd.in/eKRX6JX9

Sat down with 12 bankers at J.P. Morgan & Wells Fargo last week. Each partner conversation had the same theme. "What types of problems are you solving, how have you grown since we last spoke, & what's the plan for this year" Let me explain: A big mantra you hear in all of banking is "Grow Through Partnerships" because of all the new tech disrupting financial services and banking. In our case, JP Morgan and Wells Fargo partners with Trovata to help their clients win on the treasury and data lake side of the house. I share all of this because these January partnership conversations have a large effect on your 2024. They set the stage for the act to follow. Transparency, communication, and focus with your partnerships will only benefit you when selling through partners.

Congratulations, Johnny Deutsch, Moshe Elgressy, and the Creednz team! It’s a great privilege to invest in a world-class team taking on a massive and growing problem like B2B money transfer fraud. Why is money transfer fraud so hard to stop? Finance teams run manual processes to identify and prevent it.  But fraudsters need to find only one mistake and, unfortunately, by leveraging AI and advanced tech tools, they often do. With Creednz, finance teams save time on processes while leveraging innovative tech to identify and stop the most sophisticated fraud scammers. Good luck Creednz, keep the scammers and fraudsters out!

In the current regulatory environment, the sheer volume of collateral that needs to get moved by a broad swathe of financial services firms has increased tremendously and exposed the inadequacy of legacy systems. We speak with Alex Knight, head of Global Sales at Baton Systems, about fintech’s role in tackling those challenges, particularly as accelerated settlement across major jurisdictions becomes inevitable. Anna Reitman More on #finadium: https://lnkd.in/eWcTJbAj

Sure, Halloween is ghoulish and spine-chilling, but what is truly terrifying is entering into a core evaluation without an awesome consulting partner like ICI.  Don’t be spooked! 👻 Reach out to us for a discussion and let us help your bank or credit union chase off the dread of not being aligned with the best technology solutions! https://lnkd.in/g8DPWe7i #coreconsulting #coreconsultants #bankconsulting #creditunionconsulting #coreadvisors #bankadvisors #creditunionadvisors #coreevaluation #halloweengreeting #humor

The last update of 2023!! Merry Christmas! Happy New Year! Happy 61st wedding anniversary to my parents! Update on the Financial Crimes Enforcement Network, US Treasury Beneficial Owner Rule! Federal Trade Commission on fire including busting RITE AID for facial recognition harms. And FINMA’s report on Lessons Learned from Credit Suisse!!! See you next year!! #fintech #regtech #facialrecognition #beneficialownership

Nothing gives more peace of mind than the term “deeply rooted. “ Check out our Zions Bancorporation 2023 Annual Report!

Learn from Quantifind COO Graham Bailey how our automated risk intelligence platform reduces false positives & accelerates investigative expediency at scale.

In the second installment of our fireside chat, Michael Peterson, Managing Director of Citco Capital Solutions Inc. spoke to Elaine Furnari, Senior Executive Vice President, Citco Loan Services (USA), Inc. about what sets Citco Loan Services apart from its peers. When it comes to building our tech stack, we looked at industry and client pain points, and addressed each one. What we ended up with was a robust platform that we can enhance as our clients’ demands evolve and technology processes develop. Read the full conversation to find out our approach to our technology ecosystem: https://bit.ly/3RkJlYl #TheCitcoWay #LoanServicing #PrivateCredit

Fantastic commentary from Citco's loan and debt capital market veterans Michael Peterson and Elaine Furnari. Insightful discussion on how Citco is helping its clients navigate the complexities of managing a loan portfolio in today's marketplace...well worth the read!