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EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 

PYMNTS

Supervisory authorities will continue exercising their mandate to monitor the application of the GDPR and enforce it,” the EDPB said in its recommendations. While mapping all transfers of personal information to third countries can be a challenging exercise, the board recommends that exporters know their transfers as a first step.

Data 202
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Open banking APIs are open for business

Insights on Business

They are the mechanism that banks use to exchange customer data with other parties in a simple and secure way. Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market. The mobile payments hub. Open banking for all.

Fintech 181
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Financial Crime: Technology can Transform Compliance

FICO

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

The vehicle includes an integrated landing system, which allows the drone to securely land atop the vehicle while in motion. While recreational drones are strictly prohibited in active forest fire regions, they have proved useful when operated by the appropriate teams. Conservation.

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How Is COVID-19 Impacting IFRS 9?

FICO

For one of the largest regional debt purchasers, this equated to a 100% increase. This view has been supported by the European Banking Authority, the European Central Bank, the European Securities and Market Authority and the Prudential Regulation Authority. The increased investment by third-party servicers in performing loan software.

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Efficiency now: 8 smart strategy tips

Independent Banker

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. Assessing the value of bank branches is an exercise that began long before the pandemic, but vaccine and mask mandates added new considerations to the debate.

Strategy 135
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Security: Higher internet usage and data generation lead to increased investment. Conversational AI/chatbots. Cloud call centers.

Industry 101