PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. In a release, Tipalti said earlier this month that it saw an increase of 250 percent in customer bookings in the first half of 2019 compared to the first half of 2018.

Management 127

Management Payments Taxes Software 127

Abrigo

FEBRUARY 10, 2023

Introduction Corporate Transparency Act guidance FinCrime professionals have been on high alert for new regulations since the Anti-Money Laundering Act of 2020 (AMLA) was signed into law, but updates have been slow to arrive. It proposes regulations for disclosing BOI to specific groups, including financial institutions.

Fraud 195

Fraud Training Regulation Compliance 195

PYMNTS

SEPTEMBER 17, 2019

Shopify has unmatched expertise in emerging industries, along with the resources merchants need to be successful in the fast-growing market of hemp-derived CBD products in the U.S.,” sellers succeed in the flourishing but regulated CBD industry. Shopify has been helping merchants sell CBD products in Canada since 2018.

Tools 192

Tools Industry Retail Resources 192

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JANUARY 13, 2020

In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally launches a mobile app for its online-only bank, Marcus. Mattress Maker Casper Files IPO After $92M Loss In 2018. Also, Karen Webster examines the economics of delivery aggregators.

Mobile 131

Mobile Payments Regulation Resources 131

Abrigo

MARCH 24, 2021

Anti-Money Laundering Act of 2020 BSA professionals should prepare for changes as new regulations and guidance from FinCEN unfold. Takeaway 2 While the AMLA is now law, regulations, guidance, and other information still needs to be written. These include conducting studies, writing regulations, and publishing guidance.

Regulation 195

Regulation Training Study Policies 195

PYMNTS

NOVEMBER 16, 2020

Ordway , which works in billing and revenue automation for scaling companies, will offer SMBs multi-entity billing and revenue management support, according to a press release. The result was numerous companies with spreadsheets and systems cobbled together to manage a company's needs, according to the release.

Security 141

Security Samsung Resources Management 141

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. The question is, how to do this, while keeping the regulators happy? Even better, regulators have recently begun encouraging the application of these techniques.

Regulation 70

Regulation Compliance Analysis Innovation 70

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. SMBs need to remain compliant with increasingly complex financial regulations. Taxes And The Automation Benefit.

Taxes 141

Taxes Fraud Tools System 141

PYMNTS

FEBRUARY 4, 2019

Banks, credit unions and other financial institutions have a significant responsibility, one that goes far beyond managing customers’ financial assets: They’re tasked with safeguarding the financial services ecosystem against bad actors, money launderers and other criminals. A DIY Approach To AML/KYC. Following a joint investigation with U.S.

How To 161

How To Regulation Compliance Meeting 161

Abrigo

SEPTEMBER 10, 2021

The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations. BSA continued to evolve into an even more significant endeavor with the 2018 passing of the customer due diligence final rule and beneficial ownership requirements.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

JUNE 13, 2022

These crimes can result in significant loss of financial resources for the victims and often greatly impact their quality of life. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. Navigating Regulatory Haze: Banking Cannabis-Related Businesses and Managing Risk. Cannabis Banking.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

DECEMBER 28, 2018

To prepare for the settlement expense, the bank put aside $400 million in the third quarter of 2018, and will pay the rest by the end of the year. Earlier this month , the bank said it was firing three dozen district managers over the scandal. So far, the fines have reached around $2 billion.

California 158

California Resources Management System 158

Abrigo

AUGUST 2, 2017

15, 2018, at the earliest, bankers and their advisors have been researching requirements of the updated standard, determining what data will likely be needed and exploring possible methodologies for their calculations of the allowance for loan and lease losses (ALLL). Capital was selected as the answer by 39 percent of respondents.

Capital 150

Capital Survey Resources Community 150

PYMNTS

DECEMBER 27, 2018

However, these roles are shifting from competitor to collaborator — and from battle for market share to shared revenues amid shared resources. Watson pointed to Deutsche’s announcement during the summer of 2018 when the firm acquired an equity stake in Modo Payments , based in the U.S.,

Fintech 184

Fintech How To Regulation Payments 184

Abrigo

DECEMBER 10, 2019

These crimes can result is significant loss of financial resources for the victims and often greatly impact their quality of life. BSA Rules and Regulation. BSA Rules and Regulation. Many have wondered if calling APS about a client will put your institution at risk of legal action or worse due to privacy laws. Cannabis Banking.

Fraud 284

Fraud Study United States Training 284

PYMNTS

FEBRUARY 15, 2018

Entrepreneurial and small travel management firms face a few key points of friction when it comes to payments: the volume of transactions they have to manage and the cost of accepting payments. That requires a lot of management on the back end for small travel companies and entrepreneurs that want to coordinate these trips.

blockchain 109

blockchain Payments Groups Regulation 109

PYMNTS

APRIL 6, 2017

The third phase, which will usher in faster ACH credit funds availability, is on track to occur in March 2018. While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate.

Resources 100

Resources Training Payments Regulation 100

Insights on Business

JANUARY 9, 2019

Highlights of the regulator’s guidance. In the statement, regulators have provided leeway to create innovative new approaches. Regulators also encouraged “early engagement” from banks to discuss contemplated pilot programs for innovative AML processes. Mastering each technique takes enormous resources and time.

Innovation 126

Innovation Regulation Technology Maine 126

CFPB Monitor

AUGUST 21, 2018

The report raises a number of issues with screen scraping while promoting the benefits of application programming interfaces (APIs) “that allow for the inclusion of robust security features, greater transparency and access controls for consumers, improved data accuracy, and more predictable and manageable information technology costs.”

Data 84

Data Report Regulation Security 84

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. Do we also have a state regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

Independent Banker

OCTOBER 1, 2022

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. Those banks that have rigorous in-house vulnerability management programs in place could comment on that to provide customers a higher level of comfort,” Hickok says. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

PYMNTS

DECEMBER 13, 2017

As the country prepares for regulations aiming to promote open banking and the sharing of financial data, the financial services space will be more armed than ever to create SMB solutions and fill in gaps left by traditional FIs. many of which were designed specifically to address the needs of small- and medium-sized businesses (SMBs).

Data 100

Data Regulation Mobile Fintech 100

Insights on Business

AUGUST 2, 2018

Data is the new natural resource ,” but is an underutilized resource if you are unable to efficiently access it in a timely manner to produce needed analyses and reporting. By doing so, banks will be able to reap the full benefits of stress testing while satisfying the regulators that progress is being made.

Risk Management 70

Risk Management Data Analytics Resources 70

PYMNTS

DECEMBER 27, 2019

Diaper retailers used to help customers avoid tax costs by providing their products online to out-of-state consumers, but the practice only helped those with cash flow and internet access, and the 2018 Wayfair ruling has since stopped such reprieves. Managing compliance.

Taxes 146

Taxes Policies Compliance Retail 146

PYMNTS

DECEMBER 30, 2020

Massachusetts securities regulators recently sued the company , alleging that it exposes investors to “unnecessary trading risks” and prompts inexperienced investors to trade frequently through the “gamification” of stock-market investing. billion in 2018 based on $165 million funding round that included Google parent Alphabet.

Marketing 198

Marketing Company Online Management 198

CB Insights

MARCH 8, 2018

Banks in Fintech: what’s ahead in 2018. The UK, in particular, has seen the most challenger bank activity compared to other regions, as a result of progressive regulations enacted to promote competition and break up the banking monopoly. How challenger banks leveraged regulation. What we’re watching in 2018.

Retail 78

Retail Digital Banking Fintech Regulation 78

Tech and Finance

MARCH 8, 2019

From the esteemed Julia Streets: SETL announces start of corporate reorganisation further to successful completion and approval of the regulated CSD development . Of particular note, SETL made significant capital contributions to ID2S, the regulated CSD. Roadmap to position business for strong financial future.

Capital 38

Capital Software Regulation Resources 38

PYMNTS

JANUARY 25, 2018

The plate, available in California and due to be rolled out in other states through 2018, is a self-lit LCD screen with a display that can be changed to, for example, showcase advertising along the (government-issued) license plate number. Beyond the technology and the plate lies concept. Reviver Auto is also working with another six states.

Boston 128

Boston California Michigan Georgia 128

FICO

MAY 18, 2020

Just as organisations were getting to grips with IFRS 9 and its implications, the impact of COVID-19 has created the “perfect storm” for collections as regulators, organisations and customers scramble to understand the economic and financial impact of this pandemic. Regulator Help and Expectations. This is a unique time.

Regulation 52

Regulation Operations Management Data 52

FICO

JANUARY 13, 2020

In 2018, the DC Circuit Court of Appeals issued a ruling which struck down or vacated, in part, a previous 2015 Declaratory Ruling and Order made by the Federal Communications Commission (FCC). While current FCC leadership has tried to address some of the other issues implicated in the 2018 decision (e.g., by Daniel Nestel.

Policies 52

Policies Las Vegas FDIC Washington 52

FICO

SEPTEMBER 27, 2022

In May 2018, Google CEO Sundar Pichai presented a new technology called Duplex at the Google IO developer conference. The prerequisite for this agile and quantitative approach is the ability to implement adjustments quickly and largely without the involvement of IT resources. GDPR and Other Regulations Demand Explainable AI.

Analytics 52

Analytics Strategy Operations Google 52

PYMNTS

NOVEMBER 22, 2017

Reports said officials are looking particularly closely at data privacy and transaction secrecy, as well as regulators’ role in support of DLT overall. The companies expect to launch the platform in the first quarter of 2018. The Singapore-Philippines Agreement.

blockchain 134

blockchain Fintech Innovation Report 134

Jeff For Banks

JANUARY 24, 2015

Perhaps regulators would save banks time, resources, and money if they took the age-old parent response to why banks should carry more capital. Regulators are asking for capital plans, and an assessment of risk in the bank''s strategy to determine capital needs. Because I said so!

Capital 60

Capital Analysis Regulation Strategy 60

FICO

DECEMBER 21, 2018

It’s an understatement to say that 2018 was a year of blockbuster data breaches : Facebook, Marriott, Ticketmaster and British Airways, to name just a few. My 2018 predictions blog forecast, “We’ll See Our First Biometrics Hack in 2018.” The honeymoon of confidence in biometrics is undeserved, and it won’t last.

Cyber Security 40

Cyber Security Comparison Policies Data 40

Insights on Business

SEPTEMBER 18, 2016

This approach allows banks to solidify their customer relationships – creating a system where banks better understand their entire client base, recognizing each person as an individual, while remaining compliant with the latest regulations with built-in security measures. Services to Offset PSD2 IT Infrastructure Costs. Paving the Road Ahead.

Marketing 70

Marketing Payments Compliance Security 70

CB Insights

FEBRUARY 13, 2020

Stripe is also pursuing some more unexpected offerings, including resources to help companies build their own internal analytics tools, and Stripe Atlas, which helps entrepreneurs create US-incorporated businesses in minutes. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Fraud prevention tools.

Online 98

Online Company Retail Payments 98