The Business Roundtable on Aug. 19, 2019 issued a new “Statement on the Purpose of a Corporation.” When I have done risk management reviews, I have noticed that most risk processes have not been reviewed in light on this new statement. I have listed some examples in bold within the commitment below by the 181… Read More
Tag: financial institutions
Customer Risk in Cryptocurrency and Florida Payday Lending
There are new risks that might evade detection by the current risk management machine learning models used in financial institutions. I wanted to share some interesting observations that could impact risk in credit card portfolios. Florida is a state dominated by small business services. All small businesses rely to some degree on credit cards for… Read More