Bank Innovation

APRIL 24, 2018

EXCLUSIVE - Known as one of the first technology companies in Europe to procure a German banking license, solarisBank has lofty ambitions for 2018. That plan, according to Timo Weber, VP of strategy and internationalization, is to add 50 more partners over the course of the year. “A A big part of our effort this year […].

Fintech 268

Fintech Course Strategy Technology 268

Insights on Business

MARCH 19, 2018

Maintaining regulatory compliance is a daunting task. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs. Banks and financial institutions are looking for any advantage they can get to streamline operations and reduce compliance costs.

Compliance 135

Compliance Meeting Regulation Comparison 135

Insights on Business

MAY 3, 2018

Today, IBM proudly accepted two distinguished RegTech Awards 2018 for our innovations within IBM Watson Regulatory Compliance: “Best AI Solution for Regulatory Compliance”. With these awards, what is most exciting is the recognition of the value we bring to clients in need of solutions for regulatory compliance and risk.

Compliance 70

Compliance Innovation Regulation System 70

PYMNTS

MARCH 5, 2019

The specific reasons for the non-compliance was not released. One of the rules required banks to connect with the SWIFT messaging system for banks by April 30 of 2018. When RBI checked for compliance, it found gaps in more than 20 places. Some bankers said they’ve since corrected the issues.

Compliance 140

Compliance Fraud Guidelines System 140

PYMNTS

NOVEMBER 9, 2018

MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of new compliance rules to stop fraudulent transactions, which has hurt top line momentum — and which will continue. Compliance Efforts, Continued.

Compliance 160

Compliance Fraud Operations Management 160

PYMNTS

SEPTEMBER 17, 2018

According to Sid Nair, senior director of transport and compliance at Teletrac Navman, fleet managers appear to be adopting technologies like ELDs merely to maintain compliance. “That’s likely due to tech fatigue, especially in the wake of regulations that [demand] new technology, like ELDs.”

Compliance 139

Compliance Industry Technology Data 139

CFPB Monitor

APRIL 1, 2021

In addition to rescinding seven policy statements providing flexibility to companies in meeting certain compliance obligations during the pandemic, the CFPB has also rescinded its 2018 bulletin (2018-01) that announced changes to supervisory communications. The Bureau has replaced the 2018 bulletin with a new bulletin (2021-01).

Compliance 78

Compliance Management Policies Report 78

Insights on Business

MARCH 13, 2018

Regulatory pressure, in terms of policy changes and increased scrutiny, is forcing banks to seek technological changes and advancements to meet evolving regulatory and compliance requirements. IBM Think 2018 will be held in Las Vegas, NV from March 19-22. Enhancing Conduct Insight with Voice Surveillance. See you there!

Las Vegas 101

Las Vegas NV Compliance Analytics 101

Insights on Business

JANUARY 22, 2018

As we enter a new year, uncertainty in the risk and compliance landscape is as evident as ever. To proactively respond to this uncertainty, financial institutions assume that the only way for their organization’s to reduce risk and improve compliance is to spend more. Date: 6 February, 2018. Register here. 2 Savoy Pl.

Compliance 105

Compliance Risk Management Meeting Regulation 105

FICO

JANUARY 8, 2019

FICO Score hitting a new high in 2018 or the use of machine learning to challenge the score - dominated reader interest on the Risk & Compliance blog in 2018. Banking Innovation: Why 2018 is the Year it Puts on its Overalls - FICO. And an honorable mention to the most read Risk & Compliance post in December.

Compliance 40

Compliance Trends Innovation Meeting 40

Insights on Business

JANUARY 25, 2019

Looking at the top five blog entries of 2018, we see that using technology to meet the ever-increasing scale and rate of regulatory change is top of mind for financial service organizations. As Marc Andrew’s notes in his blog, Demystifying AI for risk and compliance , in 2018, we saw AI tackle exhausting regulatory requirements.

Marketing 79

Marketing blockchain Compliance Innovation 79

Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Greater availability of data, facilitated by real-time integrations makes it possible for compliance experts to monitor a wide variety of sources.

Compliance 122

Compliance Management Regulation Analysis 122

Perficient

APRIL 14, 2022

debt market, the Financial Industry Regulatory Authority (FINRA) developed the Trade Reporting and Compliance Engine (TRACE) in 2002 to facilitate the mandatory reporting of OTC bond transactions in eligible fixed-income securities. To promote transparency in the large U.S. Treasury Securities to TRACE. Interested in learning more?

Report 294

Report Compliance Security Regulation 294

CFPB Monitor

FEBRUARY 26, 2019

The FTC has sent its annual letter to the CFPB reporting on the FTC’s activities related to compliance with the Equal Credit Opportunity Act and Regulation B. In 2018, the FTC began a series of public hearings called “FTC Hearings on Competition and Consumer Protection in the 21 st Century.” Auto buyer study. ECOA in the military.

Report 87

Report Study Analytics Lending 87

PYMNTS

DECEMBER 17, 2018

Judo Capital will use the company’s cloud-based AgileREPORTER package to comply with the APRA’s Economic and Financial Statistics (EFS) reporting changes, scheduled for 2018 and 2019. “Regulatory reporting is an essential function for Judo.

Capital 116

Capital Compliance Report Software 116

PYMNTS

FEBRUARY 20, 2019

It will also help us bring more cryptocurrencies and features to more people, while helping ensure compliance with local laws and regulations.” ” In other news, new information has shown that Bitmain lost about $500 million in the third quarter of 2018.

Bitcoin 164

Bitcoin cryptocurrency blockchain United States 164

PYMNTS

JANUARY 30, 2018

New products, partners, and certifications will pave the path to growth for startup Amaryllis in 2018. Finally, Bishopp said the company will be on the touring circuit through March, with stops at Transact 2018, Venture Summit West, and MRC Vegas. Next month’s CEO chat topic will be risk and compliance.

Compliance 116

Compliance System Management Data 116

PYMNTS

JANUARY 7, 2019

“Our partnership with Cass, an information processing and financial holding company with considerable experience in routing and handling B2B payments, provides Finexio and our customers access to a Federal Reserve member bank with a comprehensive suite of compliance and fraud detection tools.

Compliance 109

Compliance Payments Florida System 109

Bobsguide

SEPTEMBER 20, 2018

In the fight against financial crimes, today’s organizations must focus on building compliance programs that are increasingly driven by analytics. While PwC’s Global Economic Crime and Fraud Survey 2018 indicates that 42 percent of companies have increased their spending over the past.

Analytics 87

Analytics Compliance Survey Fraud 87

CFPB Monitor

JUNE 17, 2021

In another action demonstrating that a “new CFPB” is in place under the Biden Administration, the CFPB has issued an interpretive rule setting forth the basis for its determination that it has authority to examine institutions that it supervises for Military Loan Act (MLA) compliance.

Compliance 78

Compliance Lending Leadership Analysis 78

Insights on Business

JUNE 18, 2018

Innovators and industry leaders across the marketplace will discuss the impact of technologies like artificial intelligence and machine learning and how they are being used to give security firms new insights from risk management to compliance. There will also be many great panel discussions at SIFMA 2018. IBM keynote. IBM panelists.

Conference 70

Conference Fintech blockchain Compliance 70

Insights on Business

FEBRUARY 27, 2018

A common assumption in risk and compliance is that financial institutions typically have to spend more to meet their regulatory obligations. They demonstrated their new approach to achieving compliance through technology at IBM RegTech Europe in London. “Meaning, [regtech] is a teammate.

Compliance 98

Compliance Risk Management Management Regulation 98

PYMNTS

FEBRUARY 13, 2019

The lawyer, named Gene Levoff, worked at Apple until July 2018, when he was put on leave. According to the SEC complaint, he was “responsible for Apple’s compliance with securities laws.”. The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb.

Apple 134

Apple Compliance Security New Jersey 134

Insights on Business

FEBRUARY 15, 2018

New methodologies and technologies such as artificial intelligence are empowering firms to finally gain control of their risk and compliance efforts. Transforming the way compliance departments operate to meet the new reality requires an investment in technology.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

Bobsguide

MARCH 20, 2018

As the May 25 2018 deadline for GDPR compliance looms, financial institutions are busily preparing to offer their customers better data protection and consent options. The market trend seems to be prioritizing and investing in front-end systems first, before turning attention to back-end systems.

Compliance 83

Compliance Trends System Data 83

Insights on Business

OCTOBER 11, 2018

IBM OpenPages is again in the Leader’s quadrant of the new 2018 Gartner Magic Quadrant for Integrated Risk Management (IRM). In May 2018, IBM proudly accepted two distinguished RegTech Awards – for “Best AI Solution for Regulatory Compliance” and “Best Regulatory Alert Management Solution”. Wheeler, Jie Zhang, Earl Perkins.

Risk Management 70

Risk Management Management Compliance Innovation 70

PYMNTS

DECEMBER 27, 2019

Data: 2018: Year of the Wayfair ruling, which limited retailers’ physical presence to tax-exempting states. Some states don’t tax certain essentials to make sure they are accessible to those in need, and to avoid placing the burden of public revenue on only a select number of consumers. 100: Minimum number of local tax codes in Alaska.

Taxes 131

Taxes Alaska Minnesota Compliance 131

CFPB Monitor

NOVEMBER 8, 2021

The California Department of Financial Protection and Innovation has published a fourth round of modifications to implement SB 1235 , the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California Compliance 78

CFPB Monitor

DECEMBER 10, 2019

Democratic lawmakers and consumer advocates had urged the CFPB to implement the Payday Rule’s payment provisions by requesting that the stay of the compliance date for those provisions be lifted.

Compliance 78

Compliance Groups Texas Report 78

CFPB Monitor

MAY 15, 2020

Although the Bureau’s final rule delaying the compliance date for the ATR provisions left unchanged the August 19, 2019 compliance date for the Payday Rule’s payment provisions, the stay of the compliance date entered by the court on November 6, 2018 stayed the compliance date for both the ATR and the payment provisions.

Compliance 78

Compliance Groups Texas Report 78

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Risk & compliance.

Las Vegas 111

Las Vegas blockchain NV Conference 111

CFPB Monitor

JUNE 18, 2019

Last week, the FDIC published its Consumer Compliance Supervisory Highlights that provides observations about its consumer compliance supervision activities in 2018. The CFPB has frequently noted similar findings of Regulation E violations.). Lines of Credit – Finance Charge Calculation and Disclosure.

FDIC 60

FDIC Compliance Regulation Training 60

Bobsguide

MARCH 15, 2018

bobsguide's Dave Beach caught up with data infrastructure architects DataStax to learn more about the challenges and opportunities financial services will face in regards to data in the next 12 months. Martin James, Regional Vice President at DataStax, talks through how the crossover.

Data 102

Data Compliance Regional 102

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. The trend is starting to appear nationally.

Compliance 108

Compliance Regulation Industry National 108

Bank Innovation

DECEMBER 24, 2018

While some banks and fintech view each other as competitors, that’s not always the case. In fact, there have been a number of significant bank-fintech partnerships this year. What follows is a list of four alliances that the Bank Innovation staff found most interesting. Lloyds Banking Group and Thought Machine Core overhauling is a […].

Fintech 199

Fintech Innovation Groups Capital 199

PYMNTS

DECEMBER 12, 2018

Bitwala Chief Compliance Officer and Co-founder Jan Goslicki said of the product, “This shows that cryptocurrencies can fit into regulatory frameworks, which protect consumers and ultimately inspire trust.”.

Bitcoin 139

Bitcoin Google United States Analysis 139

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 98

Conference Regional Examples Payments 98