PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. In fact, Brett Smiley, general manager of Americas for ComplyAdvantage , shared that only 3 to 5 percent of money laundering that happens around the world actually gets identified.

Compliance 111

Compliance Data Austin Management 111

PYMNTS

AUGUST 9, 2020

suppliers were switched over, and in May of this year, the rest of North America, Latin America, Europe, the Middle East, and Africa made the jump, the release says. Google’s transition to SAP Ariba ‘s cloud-based services has a completion date set for Aug. The final wave concerns the Asia Pacific region. Last October, U.S.

Google 362

Google America Risk Management Regional 362

PYMNTS

JULY 2, 2018

Bank of America is being sued for $120 million after failing to flag large deposits into small accounts, which were cleared a few days later. According to John Epperson, principal at Crowe LLP , that goes to show that the current approaches to regulatory and compliance technology ( RegTech ) aren’t working. Previously, U.S.

Compliance 109

Compliance Regulation Meeting Strategy 109

PYMNTS

SEPTEMBER 9, 2019

5), HighRadius will integrate Confirmation, which is part of Thomson Reuters, into the HighRadius Online Credit Application portal, a solution for business credit managers to streamline credit application. According to a press release on Thursday (Sept.

Management 108

Management Online America Data 108

PYMNTS

APRIL 20, 2016

Treasury management firm Reval, which provides cloud-based cash management solutions, is now linking its corporates into the SWIFT network. A partnership with Reval, Adams said, means those onboarded users can also benefit from automated treasury management solutions. Ed Adams in a statement.

Management 100

Management Training America Compliance 100

PYMNTS

JUNE 24, 2016

A new solution by business service provider TMF Group is looking to help corporations manage employee spend, regardless of location. According to the company, the solution is geared for heightening compliance and boosting spend transparency by automating the validation process of employee transactions.

Management 101

Management Compliance Groups Taxes 101

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Comerica Bank announced a $91mm charge, and Bank of America announced a $1.6B No ISDA documents. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

AUGUST 3, 2018

Money transfer giant MoneyGram beat expectations on the bottom line but missed on the top, as new compliance standards put in place by the company proved a headwind to revenues. The company’s digital initiatives are gaining ground, too, said management. Focus on Physical Network, Too. He also cited the U.K.

Compliance 100

Compliance Fraud Conference Data 100

Banking Exchange

JUNE 14, 2021

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power Retail Banking Feature Lines of Business Technology Mobile Online Tech Management Feature3 Community Banking Consumer Compliance Customers.

Mobile 88

Mobile Regional Survey Community Bank 88

Abrigo

JUNE 8, 2021

Real consequences from OFAC sanctions violations OFAC compliance has increased in complexity and clarity with guidance released within the past few years and institutions need to take notice to avoid penalties. Importance of Compliance. A Framework for OFAC Compliance Commitments. OFAC sanctions can have real world impact.

Compliance 195

Compliance Software Case Study Payments 195

Perficient

JANUARY 4, 2022

Outlined below are some leading financial institutions’ current outlooks regarding their hand in cryptocurrency: Bank of America. In 2019, Bank of America’s chief executive, Brian Moynihan, prohibited the company’s wealth managers from putting any client money into cryptocurrency-related investments.

cryptocurrency 309

cryptocurrency Marketing Bitcoin America 309

PYMNTS

APRIL 28, 2020

Weber was most recently head of Financial Crime Prevention for the Americas at UBS, spearheading all facets of sanctions, BSA and AML compliance. He also had previously served as Deutsche Bank’s head of Anti-Financial Crime for the Americas. Weber led high-profile investigations into Silk Road and FIFA.

Bitcoin 168

Bitcoin Cards New York Fraud 168

PYMNTS

MARCH 29, 2019

New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. Bank of America has a $10 billion IT spending budget, with 30 percent used for its “technology initiative investment spend,” reports said. That’s a 5.6 Coming in at No.

US 181

US America Technology Conference 181

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Highlighting Open Banking Challenges In Latin America.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

APRIL 8, 2020

When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 Small businesses overwhelmed U.S. billion in applications. Wolters Kluwer.

Lending 245

Lending Fintech America Technology 245

Banking Exchange

OCTOBER 7, 2019

Major banks filed an official complaint to the central bank Payments Financial Trends Technology Compliance Tech Management Mobile Online Security Feature3 Fintech Feature.

America 60

America Compliance Trends Fintech 60

FICO

SEPTEMBER 23, 2020

We invite companies that are achieving outstanding success using analytics and decision management solutions from FICO to submit their nominations for the 2021 FICO® Decisions Awards. This includes our more than 5,000 direct clients, as well as the tens of thousands of firms that use FICO solutions provided by our partners. by Nikhil Behl.

Conference 97

Conference Analytics Compliance Fraud 97

PYMNTS

MARCH 20, 2020

In today’s top news, Bank of America will offer mortgage, credit card and other loan deferments to customers impacted by the coronavirus, and India is moving to tighten controls on Big Tech companies by requiring them to turn over data. The drafted policy also calls for a new regulator to provide oversight and enforce compliance.

Data 140

Data Payments America Fraud 140

PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. As a licensed exchange, BitBay has to follow the market standards.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

CB Insights

JULY 22, 2021

funding boom and explore trends including embedded insurance, compliance in the age of cryptocurrencies, and emerging corporate card and expense management players. . South America led growth in both funding and deal count. In this report, we dig into what drove this quarter’s $30.8B

Trends 100

Trends Fintech Report America 100

PYMNTS

FEBRUARY 28, 2020

As Michael Cichy, general manager of the Americas for Centsoft parent company Palette Software , told PYMNTS, the value in cross-platform integration can be significant for companies, particularly when it comes to saving time often wasted on manual data entry. “Time and change management are huge barriers,” he said.

Taxes 209

Taxes Data Fintech Compliance 209

Bank Innovation

FEBRUARY 26, 2019

Consulting giant Accenture and cloud banking firm nCino are expanding the scope of their partnership beyond North America to get more financial institutions in the Asia-Pacific and EMEA markets up and running in the cloud.

America 199

America Innovation Marketing Management 199

PYMNTS

AUGUST 5, 2020

Then there’s a checklist of 503 items that the Thrasio team applies to their new acquisition — from operations to platform compliance to product specs and marketing practices. By the end of that process, everything is up to standard, and we can hand it to a brand management team and they can run with it.”.

America 336

America Marketing Operations Retail 336

Abrigo

AUGUST 4, 2015

The most senior risk management executives at these institutions are under the spotlight, both in the industry and in the media. So when late last month Bank of America announced a management overhaul that directly impacted this important review, it left some in finance scratching their heads.

Resources 150

Resources America Compliance Michigan 150

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski. by Darryl Knopp.

Report 52

Report Risk Management Compliance Analytics 52

American Banker

AUGUST 9, 2023

The Seafarers International Union sued Bank of America's senior managers and board alleging breach of their fiduciary duty in managing a prepaid debit card program that distributed unemployment benefits during the pandemic.

Fraud 69

Fraud America Cards Management 69

PYMNTS

NOVEMBER 2, 2020

Enterprise business software firm Aptean offers targeted enterprise resource planning (ERP), compliance and supply chain management solutions to firms throughout the globe, according to the announcement. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov.

Software 142

Software Resources America Compliance 142

PYMNTS

JULY 22, 2019

“If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation. Part of that, he added, is across-the-board high standards when it comes to compliance and verification.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

APRIL 24, 2019

Pérez-Tasso has been part of SWIFT’s executive team for seven years, and he is currently the company’s chief executive of the Americas and U.K. SWIFT has an exceptionally strong management team, which has enabled the board to appoint an internal candidate and which will also allow for a smooth transition,” said SWIFT Chairman Yawar Shah.

Leadership 169

Leadership Regional America Community 169

PYMNTS

MARCH 3, 2020

It is thus unsurprising that 95 percent of companies are looking to improve their spend management software this year. Developments in the expense management world are heating up. and its more than 300 franchises across North America come in. Putting AI To Work In Spend Management. The Latest Workforce Spend News.

Management 130

Management Software Fraud Seattle 130

Abrigo

JUNE 30, 2017

These values drop off considerably for the 41,600 small firms in America (small designated by those with less than 20 people and less than $3 million in revenue). The difference in consulting and compliance services can be vast when regarding price and staff requirements.

eBook 221

eBook Compliance Taxes United States 221

PYMNTS

JANUARY 3, 2017

Indeed, said KPMG ‘s Procurement and Operations in the Americas Practice Leader Samir Khushalani, historically, procurement has been viewed within the organization as a cost center that deals with straightforward transactions. That’s forced corporations to take a new approach to managing suppliers and supply chains. “As

Compliance 165

Compliance Technology System Management 165

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

Insights on Business

FEBRUARY 6, 2019

Join our in-depth conversation , hosted by Watson Financial Services General Manager, Alistair Rennie, as industry experts discuss: Change in regulatory perception of AI and advanced analytics. General Manager. Head of Financial Crimes & Compliance. Key areas of focus within AML and financial crime prevention. Sam Kalyanam.

Analytics 79

Analytics Compliance Innovation Management 79

PYMNTS

OCTOBER 14, 2019

John King, Ernst & Young Americas ’ vice chair for assurance, wants to see more consistency from the country’s audit regulator, the Public Company Accounting Oversight Board (PCAOB), and has called for a retooling of out-of-date quality control rules that are more in line with international standards.

Compliance 100

Compliance blockchain Training Taxes 100

PYMNTS

JULY 24, 2018

Bank of America Merrill Lynch has announced the launch of a mobile application for cardholders of commercial prepaid cards. In replacing checks, prepaid cards can help organizations simplify compliance, eliminate manual work, lower expenses, and reduce risks,” Hubert J.P.

ATM 101

ATM Cards Mobile America 101

FICO

MARCH 7, 2023

In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations. In fact, research in North America shows less than a third (29%) have actually done so. Read our State of Responsible AI report, published with Corinium.

Regulation 52

Regulation America Compliance Fraud 52