PYMNTS

JANUARY 27, 2020

percent increase from 2018. Businesses need employees to build and promote their products, but they cannot afford to have those workers weaken their security, meaning fraud prevention must be among firms’ top priorities. Ensuring Secure Workplace Practices. million in 2019 — a 1.5 Fighting the Phishers.

Fraud 249

Fraud Policies Security Resources 249

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

Abrigo

MARCH 11, 2022

Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance. So far, three stages of implementation have taken place, and changes to the 2018 customer due diligence (CDD) legislation are still forthcoming. Regulatory Focuses in 2022.

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

FEBRUARY 20, 2019

19), Mastercard announced the launch of its Cybersecurity Toolkit for SMBs, an online resource developed in partnership with the Global Cyber Alliance (GCA) that provides entrepreneurs and business executives with guidance and tools to address the threat of cyberattacks on their companies. In a press release on Tuesday (Feb.

Resources 140

Resources social media Tools Policies 140

PYMNTS

APRIL 27, 2018

Kaspersky Lab saw an increase in activity by both old and new botnets as well an increase in popularity of amplification distributed-denial-of-service (DDoS) attacks in the first quarter of 2018. The company also noticed the return of long-lasting (multiday) DDoS attacks, according to its 2018 DDoS Intelligence Report.

Resources 101

Resources Online Security Tools 101

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. Securities and Exchange Commission, the Department of Justice and the Department of Labor. Earlier this month , the bank said it was firing three dozen district managers over the scandal.

California 158

California Resources Management System 158

PYMNTS

AUGUST 15, 2019

Seventy countries had adopted the standard as of May 2018, and it is expected to support 87 percent of the world’s financial transactions by 2023. Deep Data For Swift, Secure Payments . Setting aside resources for improvements and adoption is not the only potential challenge, either.

Resources 145

Resources System Data Payments 145

Abrigo

MARCH 7, 2022

Takeaway 2 Planning ahead and informing management of expected changes will help financial institutions adapt to anticipated rules and guidance. However, the panel suggested thinking and planning around AMLA requirements and informing executive management of expected changes. 2022 Regulatory Focus.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

JANUARY 22, 2020

With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain. The True Supplier Marketplace solution has “dramatically improved Accenture’s approach to enable suppliers and manage the relationships,” Marshall said. “By

blockchain 132

blockchain Software Data Resources 132

PYMNTS

APRIL 20, 2018

PayGroup provides multi-currency payroll and human resources solutions; the firm also serves as the holding company for PayAsia, a cloud human capital management software and business process outsourcing provider to medium-sized and large, multinational conglomerates with operations in multiple countries. million for fiscal year 2018.

Software 100

Software Capital Security Resources 100

Accenture

OCTOBER 3, 2019

Add in banks’ rising data sharing with third parties, and growing use of APIs to interface with external developers, and the result is an increasing risk that security gaps will be exposed and exploited by attackers. In a world where technology change is non-stop, security must be forefront of mind. Acknowledging the threat.

Security 150

Security Technology Leadership Data 150

PYMNTS

AUGUST 17, 2018

Cointelegraph reports that the Committee on Energy and Natural Resources is set to hold a hearing next Tuesday (Aug. Beyond that, the hearing will also look into the ways blockchain can help improve the online security of computer systems that are linked to the energy system itself. Energy Manager Today reported on Thursday (Aug.

blockchain 102

blockchain United States Resources System 102

PYMNTS

JANUARY 13, 2020

Wells Fargo has had trouble meeting regulator expectations due to obsolete methods and resources and is trying to revamp its approach to technology to address digital security and regulators’ concerns. Mattress Maker Casper Files IPO After $92M Loss In 2018. Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures.

Mobile 131

Mobile Payments Regulation Resources 131

PYMNTS

AUGUST 9, 2019

Last year, researchers at the Ponemon Institute warned about the growing threat of cyberattacks against government entities, estimating that 38 percent of public-sector entities will fall victim to ransomware attacks in 2018 – a 7 percent increase from 2017 and a whopping 25 percent increase from 2016.

Indiana 108

Indiana Florida System Resources 108

PYMNTS

JUNE 24, 2020

trillion in premiums for 2018, according to one recent report , a notable portion of the wider industry’s approximately $5 trillion in revenue that year. The space recorded a 66 percent increase in net income, hitting $60 billion in 2018, for example, and the first half of 2019 saw individual insurer Lloyd’s report a $2.8

Industry 152

Industry Payments Examples System 152

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

Abrigo

SEPTEMBER 10, 2021

Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. 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. soil. .

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

DECEMBER 11, 2018

But according to Protiviti, the c-suite corporate leaders are most concerned about the ability of their firms to compete against those born-digital organizations, with this risk rising from number 10 in 2018’s report to number 1 in the 2019 survey. ” A Closer Look At The Risks.

North Carolina 163

North Carolina Survey America Big Data 163

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

Bank Innovation

DECEMBER 28, 2017

These posts are representative of our blog’s mission to be the go-to resource for marketing information and best practices for both clients and prospects. 7 B2B Marketing Trends to Watch in 2018. Here’s a list of seven B2B marketing trends to watch in 2018. Read Article.

Marketing 268

Marketing Leadership Trends Branding 268

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. Following a joint investigation with U.S.

How To 161

How To Regulation Compliance Meeting 161

Abrigo

OCTOBER 22, 2019

In recent years, cybercriminals implanted malicious skimming code directly on e-commerce shops and online content management and payment platforms as a way of stealing payment card data at scale. to a secure payment page hosted by a payment service provider or IFrame). October 2018. The New Frontier on the Dark Web.

Fraud 150

Fraud Cards Data Payments 150

PYMNTS

AUGUST 29, 2019

Experts estimate that total fraud losses in 2018 totaled $3.9 The network found that Australia’s 2018 card fraud rate was 72.8 percent in 2018 from 13.9 The Digital Fraud Tracker™ , done in collaboration with DataVisor , is your go-to monthly resource for updates on trends and changes in the world of digital fraud.

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

SEPTEMBER 14, 2020

Criminals are not the only security threats financial institutions (FIs) and their merchant clients face — these entities often need to defend themselves against consumers as well. Undeserved chargebacks are no trivial issue, either, as the number of such false claims rose 41 percent between 2016 and 2018.

Fraud 176

Fraud Retail Cards Examples 176

PYMNTS

MARCH 2, 2020

These businesses do not always have the time or resources to find and hire temporary workers, add them to payroll, and remove them a few weeks later. That appears to concern many businesses as 74 percent of recruiters stated in 2018 that they expected to more intensely vie against other firms to attract new hires in 2020.

Cards 130

Cards ATM United States Payments 130

PYMNTS

MARCH 9, 2020

Larger banks may have teams of technical specialists and sizable budgets to make resource-intensive direct connections into faster payment schemes, but that approach will not work for all FIs, Ledford warned. The federal government deliberated in 2018 and 2019 over developing its own real-time payment system, FedNow , to compete with RTP.

Strategy 202

Strategy System Payments Resources 202

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. Navigating Regulatory Haze: Banking Cannabis-Related Businesses and Managing Risk. Common types of elder financial exploitation. Top 5 Myths Around Banking Cannabis-Related Businesses (CRBs). Learn More.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

JANUARY 23, 2020

As the director of private banking at Portuguese lender Eurobic, da Cunha managed the Sonangol account. 22) that dos Santos would be charged with “money laundering, influence peddling, harmful management” and “forgery of documents, among other economic crimes” committed when she ran Sonangol. “I The investigation was launched in 2018.

National 131

National New York Conference Resources 131

PYMNTS

APRIL 30, 2020

Winning consumers in 17 different markets involves tailoring payment offerings to each nation’s preferences, Rick Centeno and Kai-Uwe Mokros, the company’s payments managing directors, explained in a recent interview with PYMNTS. Enabling a vast array of payment options for meetings customers’ expectations can be tricky, however.

Payments 131

Payments Cards Online Resources 131

PYMNTS

JANUARY 26, 2018

But those conditions, Doug Politi, president of added value services at ADP, told Karen Webster in a recent conversation, are very different in 2018. In the old days, Politi noted, there was a hard line between W-2 workers and 1099 workers when it came to which departments managed the on-boarding and payments processes.

Payments 159

Payments Management New York Resources 159

PYMNTS

OCTOBER 15, 2019

Citi’s latest financial report comes as the bank is engaged in various hot areas of payments, not the least of which is dealing with — and trying to get ahead of — ongoing shifts in payments, commerce, security and transparency, and giving corporate cash managers an edge when it comes to real-time and instant payments and other areas.

America 109

America Cards Regional Resources 109

PYMNTS

JULY 26, 2017

And while that is a big goal, Taneja said that it’s all in a day’s work for the global card network that has operations in 200 countries, billions of cards issued across more than 16,000 banks, trillions of dollars in payments processed annually and a processing network — VisaNet — capable of securely processing 65,000 messages per second.

Data 102

Data Security Cards Regional 102

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. The conversation, as it often does with technology, turned to security.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

APRIL 25, 2019

The healthcare sector is particularly challenged when it comes to upgrading back-office systems, yet cloud-based enterprise resource planning (ERP) systems are an increasingly attractive target for digitization efforts among hospitals. “Now that electronic health records have, for the most part, been universally adopted in the U.S.,

Kansas City 115

Kansas City Kansas Analysis Resources 115

PYMNTS

DECEMBER 5, 2016

PYMNTS recently spoke with Sy Choudhury, senior director of product management for wireless technology company Qualcomm, about the roadblocks that are delaying the adaptation of mobile payments systems and what lessons mobile payment and mobile POS (mPOS) providers can learn from China’s example. More security. consumers and 74.6

Mobile 100

Mobile Payments Security Trends 100

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

PYMNTS

JULY 21, 2020

These solutions thus offer similar support as those pitched to FIs within the EU, which have been searching for easier ways to share online data since open banking’ implementation in 2018. Prometeo’s product will be available in nine Latin American countries with the addition of Brazil and Panama. About The Tracker.

Mobile 229

Mobile Report America Regulation 229