William Mills

JANUARY 25, 2018

William Mills Agency, the largest independent public relations and content marketing firm specializing in the financial industry, released its 15th annual financial services industry report, Bankers As Buyers 2018 today. Compliance. Future Innovations. bankers will likely purchase this year. Talent Wars. Mobile Payments.

Report 40

Report Technology Innovation Atlanta 40

PYMNTS

MARCH 4, 2020

The bank also inadequately staffed the BSA compliance function. . “Mr. FinCEN encourages technological innovations to help fight money laundering, but technology must be used properly.” . In February 2018, FinCEN collaborated with the Office of the Comptroller of the Currency (OCC) and the U.S. The OCC also warned U.S.

US 130

US Regulation cryptocurrency Resources 130

FICO

MARCH 24, 2021

The graph below shows the trend of TBML-related SARs filed with FinCEN between 2014 and 2018. Trade finance has traditionally been a resource-intensive manual process because global trade still depends on paper documents, making it susceptible to documentary fraud. Maintain a strong Tone at the Top (“Culture of Compliance”).

Compliance 98

Compliance Study Trends Fraud 98

PYMNTS

JANUARY 29, 2020

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. A 2018 report found that 21 percent of the fraud SMBs see is expense reimbursement fraud from their own employees.

Taxes 141

Taxes Fraud Tools System 141

PYMNTS

APRIL 24, 2019

The firm conducted a comprehensive and diligent search for a new CEO, led by the board’s human resources committee and advised by an independent search firm. “I He was also an executive sponsor of SWIFT ’s customer security program from 2016 to 2018, and helped lead SWIFT’s response to cyber challenges facing the payments industry.

Leadership 169

Leadership Regional America Community 169

William Mills

JANUARY 25, 2018

Every year we strive to build a report that identifies the trends and major drivers in banking innovation. Some of the major drivers of technology spending will remain constant from year-to-year, most notably, keeping up with and managing compliance, reducing risk from fraud, and shifting strategies for various delivery channels.

Report 40

Report Bitcoin Strategy Innovation 40

Abrigo

MARCH 7, 2022

Office of Foreign Assets Control (OFAC) compliance should be a high focus as sanctions become more complex and require constant diligence. If your institution needs assistance enhancing your sanctions program, a downloadable Key Components of a Strong Sanctions Compliance Program may help. Is your AML Department understaffed?

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

AUGUST 17, 2018

As part of the partnership , DATIS will attend and sponsor the upcoming Relias Impact Nation 2018 conference for the second year running to promote the complementary aspects of the Relias and DATIS platforms. Relias is also the leader in online training and compliance solutions for the Health and Human Services market.

Management 100

Management Raleigh User Experience National 100

Abrigo

MARCH 11, 2022

As sanctions become more complex and require constant diligence, Office of Foreign Assets Control (OFAC) compliance should be a high focus for your business. If you need assistance enhancing your sanctions program, this downloadable Key Components of a Strong Sanctions Compliance Program may help. Is your AML Department understaffed?

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

DECEMBER 6, 2017

And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We The evolution of blockchain-based services. Collaboration between FinTechs and banks.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

DECEMBER 30, 2019

Fifty-four countries now have active real-time payment programs, up from 40 countries in 2018. Heavily regulated industries bedevil firms with their multitude of compliance requirements. The education space is also in need of innovative payment processes. and abroad continues at a steady pace. About the Tracker.

Payments 130

Payments System Maine Fintech 130

Insights on Business

MARCH 5, 2019

Reducing costs but appeasing regulators seems like an oxymoron, yet, many AML compliance and operations leaders are being asked to do just that. They even mentioned that these approaches “can maximize utilization of banks’ BSA/AML compliance resources.” But is it possible? Federal encouragement starts now.

Regulation 70

Regulation Compliance Analysis Innovation 70

Abrigo

MARCH 24, 2021

Attention and resources directed toward higher-risk customers and activities consistent with the risk profile of the institution, rather than lower-risk customers and activities. However, remember how the 2018 Customer Due Diligence changes snuck up on the industry even given the extension? Download Whitepaper. Next steps. Learn More.

Regulation 195

Regulation Training Study Policies 195

PYMNTS

OCTOBER 29, 2018

While these initiatives are spurring more focused financial services innovations, they also come with challenges. These pieces of legislation introduced new rules about how companies and entities address issues of accountability, documentation, privacy reviews and design, and also impose high fines for non-compliance.

Security 192

Security Fraud Tools Data 192

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

APRIL 6, 2017

The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. These organizations are focused on understanding and communicating what the new ACH capabilities mean for financial institutions and providing members with educational resources to help them stay compliant.

Resources 100

Resources Training Payments Regulation 100

FICO

AUGUST 1, 2018

I recently caught an excellent session at FICO World 2018 featuring Worldpay’s rapid DM transformation. Since then, Worldpay has built an ambitious roadmap for its globally scalable decision management resources. Vantiv is the number-one acquirer in the US, UK and worldwide, annually processing 40 billion transactions valued at $1.5

Management 58

Management DC Examples Customer Experience 58

CFPB Monitor

AUGUST 21, 2018

On September 20, 2018, from 12 p.m. Clarifying applicability of third-party oversight guidance to data aggregators. The Treasury suggests that federal banking regulators take action to resolve this ambiguity.

Data 84

Data Report Regulation Security 84

Insights on Business

SEPTEMBER 18, 2016

Setting the stage for open banking, PSD2 is meant to promote innovation, where new business models emerge and leaders are born. Although the technical details of PSD2 have not been fully defined yet, the use of APIs for secure data exchanges that have compliance rules built-in are accelerating in many industries. Paving the Road Ahead.

Marketing 70

Marketing Payments Compliance Security 70

Insights on Business

NOVEMBER 30, 2018

International Financial Reporting Standard 17 ( IFRS 17 ) is expected to come into effect in January 2021 (though the IASB, the governing body, has tentatively agreed in Nov 2018 to postpone adoption to January 2022). In such a scenario, static reporting with high-level data and analytics are unlikely to meet the mark.

Analytics 107

Analytics Data Report Analysis 107

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. TABLE OF CONTENTS.

Online 98

Online Company Retail Payments 98

CFPB Monitor

JANUARY 16, 2019

Cost data from the Mortgage Bankers Association’s (MBA) Annual Mortgage Bankers Performance Reports between 2009 and 2018. Based on the presumption of compliance with the rule, which is conclusive for non-higher priced loans, mortgage lenders mainly will originate a QM loan when possible.

Survey 60

Survey Data Analysis Policies 60

Insights on Business

DECEMBER 17, 2018

Over the past year, the discussion of governance, risk and compliance (GRC) has continued in stories related to financial services and other sectors. As IBM VP David Marmer previously noted , in 2018, GRC has come of age. Drive efficiency across risk and compliance processes. IBM OpenPages 8 – Oversight dashboard.

Compliance 121

Compliance Resources System Risk Management 121

William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today. I’m here at the Santa Clara Convention Center covering the demos.

Security 40

Security Samsung Strategy San Jose 40

Insights on Business

NOVEMBER 26, 2018

Financial institutions globally are awakening to the fact that regulatory technology will drive the next wave of innovation in their approaches to understanding and stopping financial crimes. Webinar: AML Compliance comparison and effectiveness. Date: Tuesday, November 27, 2018. Time: 10am EST/3pm GMT.

Compliance 123

Compliance Customer Experience Strategy Groups 123

CB Insights

MAY 8, 2018

While the prices of cryptocurrencies and cryptoassets have fallen from their 2017 peaks, equity investment into blockchain startups is on pace to hit all-time highs in 2018. Industry policy organizations (like Coin Center) have been quick to offer educational resources around blockchain technology to legislators and regulators.

blockchain 75

blockchain Trends Technology cryptocurrency 75

CFPB Monitor

MAY 23, 2019

The preamble referenced the CFPB’s May 2018 statement that was issued following such Congressional disapproval in which the CFPB announced that it was reexamining the ECOA requirements. The Bureau decided to pause work on section 1071 in 2018 in light of resource constraints and the priority accorded to various HMDA initiatives.

Regulation 68

Regulation Compliance Leadership California 68

Accenture

AUGUST 26, 2019

All of these developments are affecting banks and market infrastructures, and adapting to them and absorbing their impacts requires resources and investments. Following the announcements made in 2018 by a number of system operators, the proposed migration of all HVPS over next few years marks the biggest move to date towards this objective.

Industry 174

Industry Payments System Guidelines 174

CB Insights

JULY 1, 2018

2018 VC Report: AI FUNDING LEPT 29% IN US. HR Tech: Human Resources technology companies include Visier , which delivers workforce analytics and planning solutions in the cloud, as well as Benevity , a software social enterprise that offers a platform and products to help companies build social responsibility.

Software 78

Software Capital Mobile Technology 78

CB Insights

MAY 23, 2019

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. But the model doesn’t always work perfectly. want to know THE TOP 20 REASONS STARTUPS FAIL? Table of contents. Outcome Health fights for its life.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

NOVEMBER 29, 2017

million in Series A funding for its bank, which is slated to be offered in beta in early 2018. It’s your own set of resources that are running on the cloud. No matter how innovative, no bank can succeed if it isn’t profitable. “It’s a very decentralized architecture.”. Investors seem to see potential in this approach, too.

Digital Banking 108

Digital Banking Trends Security Regulation 108

Perficient

OCTOBER 2, 2020

Developers get the resources that they want faster so they can get to work coding. The business is able to innovate, get into new markets, and expand into new geographies. We were the 2018 Rising Star Partner of the Year for Red Hat just before they were acquired. Is there an opportunity to think about it in a different way?

Software 332

Software Technology Tools Groups 332

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Replacing checks, wires, and card transactions with instant payment rails was a hot topic at the conference.

Conference 195

Conference Payments Fraud Data 195

CB Insights

JULY 23, 2020

A completely remote workforce seems unlikely, given the intangible benefits of social connection, collaboration, and innovation that in-person working provides. It can also be used to track worker compliance. Nonetheless, it will be crucial to create optimal conditions for employees to work remotely as well as in the office.

Meeting 101

Meeting Tools Survey Company 101

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. For example, in 2018, 18% of American doctors reported treating a patient via telemedicine. Table of Contents. Healthcare: Using data, wearables, and VR to make care more accessible. Source: DETECT.

Industry 101

Industry Technology Online Video 101

PYMNTS

DECEMBER 12, 2018

To that end, the number of banking firms that actively provide services for marijuana firms has grown by 20 percent since the dawn of 2018. There are steps FIs can take to offer services to the industry while still maintaining compliance with their applicable regulatory requirements. That is simply not true,” he told PYMNTS.

Company 170

Company Taxes Compliance Industry 170

PYMNTS

JANUARY 7, 2019

This is the year that everyone takes a critical look at the innovations they’ve pursued over the last decade to decide what’s worth taking forward into the decade of the ‘20s and what’s best left behind in the decade whose door will close 358 days from today. That makes it the most important year of the last decade.

Mobile 205

Mobile Innovation Apple Study 205