360factors Blog

Risk, Compliance and Technology Thought Leadership Updates and Insights

360factor Blog

How Machine Learning and AI Enables Proactive Risk Management for Banking and Financial Services Organizations

July 4, 2022 Christine Thomas

Machine Learning (ML) and Artificial intelligence (AI) are algorithms that identify patterns in data sets and imitate decision-making, like humans. Both these principles replicate human learning to improve their accuracy and effi...

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Increase Revenue by Offering Banking-as-a-Service to FinTechs While Ensuring Regulatory Compliance and Minimizing Risks

July 1, 2022 Sarah Hamilton

Innovative banks of all sizes are partnering with fast-growing FinTechs to increase revenue in today's competitive, low-margin business environment. A recent Cornerstone Advisors survey revealed, "Nearly two-thirds of banks and...

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The Necessity of Risk Monitoring and Controls Management

June 30, 2022 Zeeshan Ali

Risk Monitoring Overview Risk monitoring is an essential step in the overall risk management procedure. Since risk management is a perpetual and dynamic exercise, monitoring will always remain crucial in understanding the risks a...

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Essential Regulations for Mortgage Compliance Management

June 29, 2022 Sarah Hamilton

Mortgage compliance is critical to success for a mortgage professional, regulator, broker, lender, or regulatory attorney. Furthermore, laws change, and businesses must be ready to adjust quickly. To successfully manage regul...

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Why Digitization of Risk and Compliance Management is Necessary for the Financial Sector

June 28, 2022 Christine Thomas

The financial sector worldwide received a widespread impact due to Covid-19 and changing socio-economic conditions. Banks, insurance companies, and other financial institutions must respond to issues and challenges covering poli...

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Automated Regulatory Compliance Management Trends for Banking and Fintech Services

June 22, 2022 Sarah Hamilton

When a new Fintech or any other entrant in the financial sector or existing companies plans to expand, one of the essential points to consider is dealing with regulatory compliance. The adherence to these management rules acts ...

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