PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

Bank Innovation

JULY 25, 2016

Regions Bank tied with Amazon.com in a recent ranking of web experiences. How does a super-regional bank match the efforts of one the most sophisticated digital companies in the world, one that obsesses over customer experience?

Regional 150

Regional Customer Experience Company Online 150

PYMNTS

JULY 16, 2019

Ondot said its 4,000 banks and credit unions will see faster and easier upgrades while also gaining access to the latest innovations and functionality. A key concern we hear about from customers is security and compliance,” Narayan said. Ondot also adheres to financial services’ best practices for privacy, security and compliance.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

JULY 31, 2019

As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. Success has already come from other parts of the globe, he said — specifically, from the Asia-Pacific region.

Fintech 192

Fintech Innovation US Payments 192

PYMNTS

SEPTEMBER 24, 2019

With a lot of technology and technical innovation,” said Cohen, “people are always looking at it from a particular point of view, and that lens and those glasses – rose-colored or otherwise – are coming from a very specific individual with priorities and use cases in mind.”. It’s difficult to guard against experts in fraud.”.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. found most admit they have seen “questionable” practices related to compliance.

Compliance 109

Compliance Survey Resources Regulation 109

PYMNTS

DECEMBER 14, 2017

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. The Bank Innovation Readiness Index , in collaboration with payments solutions provider i2c , provides evidence to back that up. Methodology.

Innovation 162

Innovation Branding Payments Survey 162

Insights on Business

FEBRUARY 21, 2019

Optimizing risk, compliance and security. IBM has helped many regional and global organizations along this path with everything from migrating existing workloads to forward-looking projects such as blockchain and AI. IBM Signs On to Sponsor Bank Innovation Ignite. Explore IBM Banking and Financial Markets Solutions.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

PYMNTS

OCTOBER 6, 2016

All of this has occurred as the company has continued to expand the pilot phase of its global payments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-border payments. Region Stacy Rosenthal didn’t speak directly of Ripple’s swipes.

Innovation 188

Innovation Payments Fintech New York 188

PYMNTS

JULY 5, 2017

Innovation is both genesis and lifeblood for companies, especially within the payments space. PYMNTS: How would you define Applause’s approach to innovation? PYMNTS: How would you define Applause’s approach to innovation? Our approach to innovation is two-fold. Innovation is only valuable if it’s usable.

Innovation 121

Innovation Customer Experience Mobile Security 121

FICO

MARCH 6, 2020

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.

Compliance 81

Compliance Technology Fraud Analytics 81

FICO

JANUARY 8, 2020

At long last, fraud and compliance infrastructures are starting to converge. In the US, the use of artificial intelligence and machine learning in compliance is set to expand dramatically, per directives from the Financial Crimes Enforcement Network (FinCEN). This regulatory pressure is happening in other regions as well.

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. In many ways, RegTech can be viewed as an innovation enabler.

Innovation 100

Innovation Technology Regulation Fraud 100

PYMNTS

DECEMBER 14, 2017

214 | The number of banks surveyed in the PYMNTS Bank Innovation Readiness Index, in collaboration with payments solutions provider i2c. The survey, which excluded the top 25 banks, was comprised of regional banks, smaller commercial banks, community banks and credit unions, the majority having assets between $500 million and $5 billion.

Bitcoin 122

Bitcoin Data Compliance Survey 122

PYMNTS

MARCH 2, 2020

The plans came from the “high demand” in the region for i2c services, the release states. I’ve been aware of i2c’s growing presence in the region and of their well-deserved reputation for client responsiveness and delivering innovation to market incredibly fast,” Khan said in the release.

Regional 132

Regional Apple Policies Compliance 132

PYMNTS

FEBRUARY 4, 2020

Numerous regions then announced internal deadlines for compliance that often diverged from their neighbors’ deadlines. These questions and concerns caused certain European markets to temper their financial and privacy innovations, which could hamper Open Banking’s worldwide growth. SCA Questions Stall Innovation.

Fraud 144

Fraud Regulation Compliance Innovation 144

PYMNTS

SEPTEMBER 20, 2020

EU Commissioner Thierry Breton , who has taken the lead on the overhaul of its digital rules, told the Financial Times (FT) the proposals would prohibit large tech companies from a region. Violators would be assessed penalties for non-compliance. But he added such action would only be used in extreme cases.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. That doesn’t mean it’s been easy.

Fintech 144

Fintech Lending Regional Regulation 144

Bobsguide

MAY 8, 2022

A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. They just adapt existing components to their regions to provide full compliance with regulatory requirements. Cloud has moved from leading edge to the baseline of banking success.

Compliance 166

Compliance Risk Management Digital Banking System 166

Insights on Business

AUGUST 15, 2018

IBM RegTech Innovations. A few weeks ago, my colleague Sam Kalyanam discussed the challenge facing financial institutions regarding the way they conduct anti-money laundering (AML) compliance. Let’s be honest, banks and other institutions have been dealing with sub-par compliance processes for a long time. Well, technology has.

Compliance 70

Compliance Analytics System Regional 70

PYMNTS

MARCH 29, 2019

banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions. Reports in Business Insider on Thursday (March 28) said UBS has published a report that breaks down U.S.

US 181

US America Technology Conference 181

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. For more community banks, the latter strategy can fast-track digitization initiatives.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

FEBRUARY 11, 2020

The Uber Money team will be geared toward putting into place new payment methods, harnessing smart routing technologies for payment gateways, using Uber artificial intelligence (AI) models for intelligent risk decisions and enabling as well as developing financial compliance tools.

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. A big problem with compliance, in general, is false positives. However, the majority of the transactions, around 77 percent, remained unclassified. “A

Bitcoin 115

Bitcoin Study Data Massachusetts 115

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Different regions have their own unique payment rails, and no two abide by the same regulatory framework. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 100

Compliance Leadership Training Innovation 100

PYMNTS

NOVEMBER 21, 2017

With Europe only weeks away from PSD2 taking effect, Fiorano Software is debuting its solution for financial institutions (FIs) in the region to comply with the directive. The company revealed its new solution on Monday (Nov. The company noted its solution integrates with banks’ existing platforms and takes a few weeks to implement.

Software 180

Software Compliance Fintech Tools 180

PYMNTS

JUNE 26, 2020

The form is newer in the region and will have to be navigated with sharia compliance necessary in Islamic banks, with UAE company Beehive leading the way in that department. The issue is being addressed through numerous innovations making it cheaper and easier to send payments home.

Mobile 168

Mobile Regional Compliance Regulation 168

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

MAY 3, 2019

That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences of those participants, payments that feature more speed and less friction than was often the case before.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

MAY 29, 2019

Western Union has expanded its services into Thailand and launched a brand new international money transfer service in the region, the company said in a release. initiative, which aims to bolster the economy with tech and innovation. We use cutting-edge technology to simplify money transfer.

Mobile 188

Mobile Regional Innovation Compliance 188

PYMNTS

MARCH 2, 2020

Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation. New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. He added that his committee is holding a public hearing for feedback on March 16.

NJ 249

NJ New Jersey Regulation Data 249

Bank Innovation

FEBRUARY 14, 2018

EXCLUSIVE – The Nordic countries, in the northern reaches of Europe, comprise a small region with a small population (about 26 million across 7 countries), but disparate payments infrastructure prevails despite a mobile-friendly populace.

System 257

System Regional Payments Mobile 257

PYMNTS

JUNE 14, 2018

Reports in Buying Business Travel said Sabre’s Singapore unit has integrated virtual payment capabilities between travelers and suppliers across the Asia Pacific region, a feature developed in conjunction with Corporate Travel Management (CTM) Singapore as a new client.

Payments 108

Payments Regional Compliance Cards 108

PYMNTS

NOVEMBER 14, 2017

Despite demonstrated growth of investment in digitization, traditional banks and financial service providers need to ensure it is being allocated into areas where institutional enterprises see the most need and value to their businesses, which currently sits predominantly within the risk and compliance space.”.

Tools 179

Tools Fintech Survey Analysis 179

PYMNTS

DECEMBER 2, 2020

On the path to payments innovation, collaboration is key. By arming small businesses with card solutions, SMBs can not only streamline access to credit, but can also enhance reporting and spend compliance. Today, according to Razorpay, credit is often available only for larger corporates. Yoba Smart Money Taps Nets For SMB Cards.

Cards 163

Cards Fintech Innovation Management 163

PYMNTS

DECEMBER 12, 2019

Players in the sharing economy must contend with an increasingly complex online payments ecosystem as they move into new regions and attract participants to their platforms. This requires payment innovation that matches both owners’ and renters’ market-specific needs. The sharing economy 2.0

Payments 137

Payments Fraud Regulation Innovation 137