Poor internal controls, political impacts, and lack of data usage transparency at Facebook have elevated privacy concerns for regulators, advertisers, and investors globally. The broad use of social media has desensitized most Americans to the risk of exposing vast amounts of personal information to companies like Facebook and Google. Will this event materially harm Facebook? Facebook… Read More
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
Bob Phelan Financial Risk / Asset Management / Advisor One advantage of a long career in one business function is the ability to provide perspective on how the function has evolved. This year, I have taken the time to explore risk management options in different industries, evaluated the risk needs of corporate boards, and identified… Read More
Broadband is the best choice in Final Four against Facebook, Alphabet, Microsoft #FCC, #FTC,#BigData, #Privacy A poem to research the impact of changing referees has on the investments game as the opportunity for high dividends and a higher foothold in BigData Marketing Competition. Wake now! what light through FCC window breaks? It is Ajit… Read More
Article Topics: How is data driving innovation and fueling the Fintech space? What Risk Managers and Board Directors should worry about? Blog Author Email: bphelan@riskdirector.com LinkedIn Profile: http://www.linkedin.com/in/bob-phelan Date: March 5, 2017 How is data driving innovation and fueling the Fintech space? The regulatory requirements for financial institutions requires a strict 3rd party… Read More
Blog Author Email: bphelan@riskdirector.com LinkedIn Profile: http://www.linkedin.com/in/bob-phelan Date: February 9, 2017 Assessing risk strategies against a new Installment Loan product from Goldman Sachs How should risk management assess risk strategies for new competitive products? I will suggest some approaches in this blog. It’s been roughly 3 months since the full launch of the Goldman Sachs… Read More