Abrigo

JULY 21, 2022

Teaching branch staff these KYC tips can aid CDD compliance BSA Officers can help tellers and other branch staff learn how to ask questions that both foster relationships and support CDD compliance. . But they can also help your BSA team by supporting Know Your Customer (KYC) and Customer Due Diligence (CDD) compliance. .

Compliance 195

Compliance Training Fraud Examples 195

Perficient

JULY 27, 2023

With advanced data integration processes from multiple sources, including internal systems and external data providers, financial institutions can gain a more comprehensive understanding of the credit needs of their communities and can develop more effective strategies for meeting those needs.

Data 221

Data Compliance Community Lending 221

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

Compliance 221

Compliance New York Regulation Analysis 221

Perficient

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

New York 221

New York Compliance Regulation Analysis 221

PYMNTS

NOVEMBER 26, 2019

But financial regulatory compliance can be a headache for any market. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. The Downside of Success. An Opportunity for Collaboration.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

Bank Innovation

FEBRUARY 12, 2020

Revolut’s efforts to expand means meeting regulatory requirements in each country in which the […]. The company boasts more than 8 million customers across multiple continents. It operates in Europe and Australia, and last fall launched publicly in Singapore and in beta for U.S.

Compliance 284

Compliance Meeting Digital Banking Operations 284

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 223

Compliance Tools Fraud Regulation 223

Bank Innovation

MARCH 19, 2020

For insights into these questions, Bank Innovation and INV Fintech, its sister banking innovation services platform, will present a special Zoom meeting on […]. How will banks and startups work together?

Meeting 293

Meeting Fintech Innovation Customer Experience 293

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. ” Organizations must do more with less, and they must do it quickly, he continued.

Compliance 191

Compliance Risk Management Training Analysis 191

PYMNTS

NOVEMBER 18, 2020

Cards can do a lot do take the immediate pain of inefficiency and confusion out of the medical payments process directly, but they also have a future where they can be used as a relationship channel with patients to drive better habits and better compliance with care. Ready For Innovation.

Meeting 312

Meeting Payments Cards System 312

PYMNTS

JULY 1, 2020

The Office of the Comptroller of the Currency (OCC) said in a report this week that it will examine how the coronavirus is impacting compliance by financial institutions (FIs). The pandemic has heightened risks for pretty much everyone, including U.S.

Compliance 166

Compliance National Fraud Operations 166

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. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

PYMNTS

APRIL 13, 2017

With the primary goals of finding a solution with ease of integration, compliance tracking and quality monitoring control, WOW! But the company also knew that in order to provide the best security and best customer experience simultaneously, it would need to exceed the Payment Card Industry (PCI) Security Standards Council standards.

Meeting 101

Meeting Compliance Security System 101

PYMNTS

DECEMBER 18, 2018

culture, in that sweet spot where “low” and “high” art meet. Now comes a comic book contribution to one of the most vexing and vital issues of modern payments and commerce — fraud prevention and ID compliance. 18) that is has released a free comic and coloring book entitled “ The Adventures of ID Man and Compliance Kid.”.

Compliance 152

Compliance Fraud Security Course 152

Perficient

AUGUST 7, 2020

The Advanced Communications add-on will give you additional benefits around calling and meeting capabilities (which includes large meetings, meeting customization, communications integrations, and workflows) as well as the necessary tools to manage your organization’s communications policies. Scale your Teams Meetings.

Meeting 399

Meeting Compliance Tools Branding 399

Perficient

OCTOBER 3, 2020

Recently, Microsoft announced they’d be making some changes to where your meeting recordings will be stored. Where will my meeting recordings be stored now? In the past, any Teams meeting recording (TMR) would be saved to Microsoft Stream ( with the exception of those not licensed for Stream ). Channel meetings.

Meeting 524

Meeting Policies Groups Training 524

Perficient

FEBRUARY 1, 2021

In today’s blog, we’ll discuss some of the latest and greatest features around Teams collaboration, meetings, calling, and security/compliance! Meeting Updates. Meeting chat moderation. Organizer and participants won’t be able to use meeting chat. In-meeting Only. Chat & Collab Updates.

Meeting 322

Meeting Compliance Cards Security 322

PYMNTS

JULY 11, 2019

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing.

Compliance 128

Compliance System Fraud Data 128

BankInovation

OCTOBER 5, 2020

Banks are being challenged to meet the evolving payments needs of their fintech clients. During a Sibos panel today, “Friction or fiction: Compliance in a real-time world,” bank executives from JPMorgan Chase, Citibank and HSBC discussed the challenges inherent in facilitating payments for fintechs. “We

Meeting 97

Meeting Fintech Payments Compliance 97

PYMNTS

AUGUST 26, 2019

Waters released a statement on Sunday (August 25) saying that despite meeting with the regulatory body for the proposed cryptocurrency, the implications of a large tech company providing a digital currency for billions of people still troubled her. .

Meeting 145

Meeting US cryptocurrency Regulation 145

PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place. Plugging In To Plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

Let's Talk Payments

APRIL 21, 2017

Meeting regulatory requirements while offering a seamless customer experience In today’s mobile-first world, enabling customers to seamlessly and securely transact is key for any organization looking to win and retain.

Meeting 110

Meeting UX Mobile Compliance 110

The Paypers

JANUARY 24, 2024

Onfido has launched its Compliance Suite, an all-in-one identity verification solution to help businesses expand into new markets and meet local regulatory needs for customer onboarding.

Compliance 36

Compliance Meeting Marketing 36

PYMNTS

NOVEMBER 9, 2016

Any organization, small or large, private or public, must handle the pressures of compliance. With all of this in mind, nonprofits also have to meet more stringent requirements when it comes to their payments. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS.

Compliance 174

Compliance Resources Data Management 174

PYMNTS

MARCH 17, 2020

Yet to truly serve the modern treasurer, she told PYMNTS’ Karen Webster, financial institutions must meet corporates where they are, to help get them to where they want to be. Meeting corporates where they are also means providing global solutions at the local level, as Cao explained, pointing to J.P. Driving Digital Transformation.

Meeting 173

Meeting Fintech Tools Strategy 173

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

PYMNTS

JULY 1, 2019

When it comes to the new and emerging legal cannabis industry – along with the closely related trade in CBD products – payments and compliance issues, as one can imagine, have tremendous importance, and companies are striving to get into the game via those angles. Starting today, U.S. The Legal Situation. CBD Growth.

Compliance 167

Compliance Industry Payments Policies 167

PYMNTS

JUNE 1, 2017

Cross-border B2B payments company PayCommerce is strengthening its compliance position through a new partnership with Dow Jones. PayCommerce said Wednesday (May 31) that it is working with Dow Jones Risk & Compliance to add enhanced screening and compliance features to its global corporate payments offering.

Compliance 111

Compliance Regulation blockchain Payments 111

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

JULY 2, 2018

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. That conflicts with organizations’ compliance needs, as they require a certain level of information to meet the standards. Why RegTech? A Cultural Shift Is Needed.

Compliance 109

Compliance Regulation Meeting Strategy 109

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. The biggest names in grocery rely on Oracle Retail Brand Compliance to meet these expectations, while protecting their customers and brands.”

Compliance 115

Compliance Retail Branding Analytics 115

Perficient

FEBRUARY 29, 2024

As new regulations come into play, embedded lending is becoming increasingly prevalent, highlighting the need for banks to leverage data analytics and automation effectively while ensuring compliance with regulatory standards. Debt Collections During times of financial difficulty, considered customer communications are essential.

Trends 221

Trends Industry Analytics Compliance 221

Insights on Business

JANUARY 22, 2018

As we enter a new year, uncertainty in the risk and compliance landscape is as evident as ever. To proactively respond to this uncertainty, financial institutions assume that the only way for their organization’s to reduce risk and improve compliance is to spend more. Embracing new technologies to meet regulatory challenges.

Compliance 105

Compliance Risk Management Meeting Regulation 105

Insights on Business

MARCH 15, 2019

Senior executives at financial services institutions have expressed the need for a stronger link between compliance and risk as stories of improper conduct and regulatory require­ments for AML, sanctions, customer fairness, data protection and privacy continue to dominate the business headlines. Key elements of an effective GRC program.

Compliance 87

Compliance Management DC Washington 87

Gonzobanker

APRIL 20, 2020

Compliance plays an important role in a financial institution’s relationship with its customers. As banks evolve to a digital-centric operating model, one of the laments Cornerstone often hears from our clients is, “Compliance won’t let us do that.” Give Compliance a Seat at the Table – Early.

Compliance 78

Compliance Customer Experience Guidelines Technology 78

Abrigo

AUGUST 3, 2015

According to a recent survey by the American Bankers Association (ABA), more than 46 percent of respondents had to reduce offerings for loan or deposit accounts, or other services, at their bank because of regulatory compliance burdens.

Compliance 150

Compliance Community Bank Community Survey 150