Perficient

MARCH 17, 2021

However, companies within certain industries may be more hesitant to incorporate a nearshore delivery model into their software development projects due to federal regulations around information and data security. based companies in a variety of regulated industries. What to Look for in a Nearshore Team. Traceability. Experience.

Software 508

Software Regulation Industry United States 508

Accenture

JUNE 18, 2020

But they are also forcing central banks and regulators to rethink and restructure their approaches to becoming resilient, adopting new technologies, leveraging data and constructing an agile operating model, all while providing regulatory services. Hence, regulators need to step up to stay relevant in the digital economy.

Regulation 267

Regulation Operations Data Technology 267

Chris Skinner

SEPTEMBER 1, 2017

Before 2010, I was writing a lot about technology but it was all heavily geared towards regulations. MiFID and PSD were top of mind, along with Basel III and other global, European and domestic regulations. I wrote a lot about regulations. It was pretty dull, to be honest, but worthy.

Regulation 343

Regulation Technology Digital Banking Innovation 343

Abrigo

SEPTEMBER 20, 2023

Regulators take risk seriously, and knowing just how much risk your institution can take while remaining compliant is essential. The credit union was not reviewing 314(a) requests, not conducting independent testing, and could not provide regulators with a meaningful risk assessment.

Compliance 150

Compliance Regulation Miami Fraud 150

Chris Skinner

NOVEMBER 3, 2017

I was thinking about this question of how to regulate global technology platforms that don’t recognise national boundaries, mainly in the context of crypto and digital currencies. How can you regulate a global currency that has no view of state or national laws?

Regulation 272

Regulation Maine National How To 272

Chris Skinner

NOVEMBER 20, 2019

I was running a fun panel on regulation this week. That kind of sounds like a lie – whatever can be fun about regulation – but hey, it was. I often reflect on the fact that regulators run with their eyes in the rear-view mirror.

Regulation 269

Regulation 269

Chris Skinner

FEBRUARY 15, 2018

I guess that this is logical as my last line was that government control of cryptocurrencies is “not so easy for cryptocurrencies that have … The post Regulating the cryptocurrency markets appeared first on Chris Skinner's blog.

cryptocurrency 299

cryptocurrency Regulation Marketing blockchain 299

Perficient

NOVEMBER 27, 2023

This blog was co-authored by Carl Aridas and Joel Thimsen. In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions.

Industry 221

Industry Regulation Compliance Data 221

Abrigo

DECEMBER 31, 2019

Key Takeaways The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2019. The top lending and credit blog posts focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings. Top blog posts reflect bank, CU priorities.

Lending 150

Lending Community Bank Software System 150

Accenture

OCTOBER 31, 2023

So why is the EU proposing to enhance it with the new Payment Services Directive 3 (PSD3) and Payment Services Regulations (PSR) package, and what does this entail? 1) Gaps in the regulatory application of PSD2.

Payments 414

Payments Regulation Security Data 414

Chris Skinner

MAY 9, 2018

A lot of it was focused upon Artificial Intelligence and Machine Learning towards the end, but the first half was interesting as it focused upon why there is a backlash against Silicon … The post Tech firms will be regulated like banks in future appeared first on Chris Skinner's blog.

Regulation 307

Regulation Case Study Study Digital Banking 307

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Early communication with your regulator is key to understanding the struggles and successes of managing a BSA/AML program during a global pandemic. 5 Things Regulators Will Look For In Your Next Exam. Learn more.

Regulation 195

Regulation Fraud Compliance Trends 195

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Early communication with your regulator is key to understanding the struggles and successes of managing a BSA/AML program during a global pandemic. 5 Things Regulators Will Look For In Your Next Exam. Learn more.

Regulation 195

Regulation Fraud Compliance Lending 195

Chris Skinner

JULY 24, 2018

Building on yesterday’s discussions of regulating, I got copied on a letter that’s doing the rounds from Sam Woods, Deputy Governor of the PRA (the Prudential Regulatory Authority). It lays out the official position and expectations of the regulator when financial insitutions are dealing with crypto-assets.

Regulation 202

Regulation blockchain 202

Gonzobanker

NOVEMBER 22, 2022

Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand. Welcome to adulthood, y’all. What’s Next? But please, don’t get cocky.

Regulation 178

Regulation blockchain Marketing Strategy 178

Accenture

APRIL 26, 2022

Now, regulations that would improve the transparency of ESG ratings have just moved closer. The International Regulatory Strategy Group (IRSG), in the UK, has declared its support for the regulation…. The post New ESG ratings rules are good news for banks appeared first on Accenture Banking Blog.

Regulation 405

Regulation Strategy Groups Company 405

Chris Skinner

OCTOBER 26, 2017

The major stream that … The post Regulating the blockchain: good for government, bad for citizens appeared first on Chris Skinner's blog. To be honest, the keynotes here are just product pitches so I spend most of my time in the track streams, where real dialogue occurs.

blockchain 244

blockchain Regulation Meeting 244

Chris Skinner

AUGUST 9, 2017

The EBA is taking forward work … The post Shape the future of European FinTech regulations appeared first on Chris Skinner's blog. As a regulatory body, they have decided that they need to take action on FinTech, and are asking for input on what action to take.

Regulation 190

Regulation Fintech 190

Chris Skinner

JUNE 2, 2016

So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s (FCA) Regulatory Sandbox and Project Innovate.

Regulation 150

Regulation Innovation blockchain Meeting 150

Abrigo

FEBRUARY 14, 2024

What tasks are required per regulations? We can help you navigate changing AML/CFT and fraud regulations. It helps financial institutions avoid or at least plan for financial impacts tied to sudden staffing shifts. Identify crucial AML staff positions and processes What tasks are critical to daily operations?

Training 195

Training Fraud Compliance Regulation 195

Accenture

JUNE 22, 2022

They’ll soon have to comply with sweeping sustainability rules drafted by national governments and financial services regulators. The post New ESG laws will force big changes on banks appeared first on Accenture Banking Blog. The impact of the proposed sustainability requirements will be one of the major forces shaping the….

National 399

National Regulation Trends 399

Chris Skinner

JANUARY 31, 2017

A bigger question must also be: how can a regulatory check that a bank is compliant with their regulatory changes, if their regulations change every 12 minutes are run to 1,000’s of pages? The answer is they can’t, but they don’t … The post The Semantic Regulator (#RegTech Rules) appeared first on Chris Skinner's blog.

Regulation 150

Regulation blockchain Technology Fintech 150

Chris Skinner

FEBRUARY 15, 2020

The main blog headlines are … Banking is what we do and technology is how we do it A decade ago, we talked about the financial crisis, technology, regulations and compliance.

Compliance 308

Compliance Maine Regulation Technology 308

Chris Skinner

JANUARY 30, 2017

In fact, what gets me is that regulations are the big ticket barrier to change in banking. It’s what protects the banks from disruption and change, as … The post Bank regulations change every 12 minutes appeared first on Chris Skinner's blog. Well, it is a bit of a dull area, but highly important.

Regulation 150

Regulation Compliance Meeting 150

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. But what makes an exceptional BSA Officer?

Training 221

Training Compliance Regulation Software 221

Chris Skinner

JANUARY 20, 2017

The discussion was our regular New Year kick-off meeting with special guest David Doyle, sage of all EU regulations affecting Financial Services. David provided us with great insight into the … The post EU priorities for financial services regulations, 2017 appeared first on Chris Skinner's blog.

Regulation 150

Regulation Meeting US Payments 150

Chris Skinner

OCTOBER 12, 2016

Following on from yesterday’s blog about Little Britain and a hard Brexit, we all know the world has been globalising and, even though there is currently a backlash against globalisation per se, it is unstoppable. Seven billion people have access … The post How do governments regulate a networked world?

Regulation 150

Regulation Technology 150

Chris Skinner

JUNE 13, 2016

I received a very thoughtful response to last week’s blog (about Dodd-Frank being the issue with the USA seeing zero neobanks starting up) from two Nahum Goldmann and David Gerbino. Nahum and I have corresponded for some time about banking matters and his email sparked various views in my mind.

Regulation 150

Regulation America 150

Chris Skinner

JUNE 24, 2019

Over ten years ago, I started blogging about cloud computing and financial services. Many banks dismissed the idea back then as “the regulator wouldn’t allow it”. Then the regulator did allow it in some countries, but banks were confused about the regulatory position. appeared first on Chris Skinner's blog.

Regulation 387

Regulation Examples Digital Banking Fintech 387

Insights on Business

JANUARY 25, 2019

It is that time of year when we do an annual review of the blogs our readers viewed the most on our Insights on Banking blog. 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.

Marketing 79

Marketing blockchain Compliance Innovation 79

CFPB Monitor

JULY 21, 2022

We first discuss the practicalities and potential impact of implementing Director Chopra’s call in a recent blog post for simplification of consumer finance regulations and simple bright-line rules.

West Virginia 78

West Virginia Regulation Virginia Pennsylvania 78

Chris Skinner

JUNE 8, 2016

Before the financial crisis, over 100 banks set up shop each year, on average, according to data from the Federal Deposit Insurance Corporation, the agency that approves … The post America’s banking regulations strangle innovations appeared first on Chris Skinner's blog.

Regulation 150

Regulation Innovation United States America 150

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Central Bank Digital Currency (CBDC) – Perficient Blogs. The Pros and Cons of a Potential U.S. Drink in the hand?

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

CFPB Monitor

OCTOBER 25, 2019

The CFPB recently published a blog post to advise consumers that LIBOR is expected be eliminated sometime after 2021 and that the change will effect some adjustable-rate loans and lines of credit. Creditors currently using LIBOR are advised to consult with counsel as to how best to proceed in replacing LIBOR in their agreements.

New York 60

New York Regulation Groups Security 60

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

CFPB Monitor

DECEMBER 5, 2022

Adam White, a renowned expert on Separation of Powers and the Appropriations Clause and a close follower of the Supreme Court, recently wrote a blog post published by the Y ale Journal on Regulation entitled “ The CFPB’s Blank Check—or, Delegating Congress’s Power of the Purse.”

America 78

America Community Regulation Groups 78

Chris Skinner

APRIL 28, 2020

Having announced their idea to create a global currency last summer, and then see it ripped to pieces by regulators, they’re back. appeared first on Chris Skinner's blog. Yes, it’s Libra 2.0. What’s … The post Is Facebook’s Libra the next Paypal?

Regulation 483

Regulation Security blockchain Fintech 483