Abrigo

SEPTEMBER 20, 2023

Understanding AML compliance and regulatory expectations. AML compliance is not for the faint of heart. Takeaway 3 Be your champion and fight for whatever is necessary to instill a culture of compliance. A culture of compliance AML compliance Having a solid culture of compliance is critical to avoiding AML penalties.

Compliance 150

Compliance Regulation Miami Fraud 150

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. Data Stewardship.

Compliance 332

Compliance Security Software System 332

Abrigo

JUNE 14, 2021

Create an effective sanctions program Considering the current economic and political environment, it is crucial that financial institutions maintain a strong sanctions compliance program (SCP). Takeaway 1 OFAC has issued new guidance on the essential components of a strong compliance program. learn more.

Compliance 370

Compliance Training Resources Policies 370

Chris Skinner

DECEMBER 12, 2018

He’s not worried about Amazon, Google or Alibaba; he’s not concerned about FinTech start-ups, Revolut or Monzo; he doesn’t really care about Open Banking and software; as for machine learning, artificial intelligence (AI) and … The post Compliance will kill the bank appeared first on Chris Skinner's blog.

Compliance 416

Compliance Conference Google Software 416

PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. 16) announcement. And companies can also decrease their business risk, while bolstering their governance, according to the announcement.

Taxes 163

Taxes Compliance Software Resources 163

Abrigo

SEPTEMBER 29, 2022

Construction loan softwares are a windfall of efficiency for financial institutions. Takeaway 1 Construction loan management software dramatically increases efficiency and reduces costs. Takeaway 2 Using this type of software is a good way to mitigate risk. What is construction loan management software?

Software 195

Software Lending Management Strategy 195

Abrigo

FEBRUARY 8, 2022

What NBFIs Should Know About Their AML Programs NBFI AML compliance requirements are top of mind in today's regulatory environment. NBFIs’ AML compliance requirements. But what about the NBFI compliance factor, particularly Bank Secrecy Act and anti-money laundering (BSA/AML) compliance? DOWNLOAD .

Compliance 195

Compliance Training Regulation Fraud 195

Abrigo

JUNE 28, 2023

Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. Why regular reports matter Board reporting on AML compliance activities BSA Officers have a lot of responsibilities. Reporting should represent the risk-based approach to AML/CFT compliance.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

MAY 4, 2020

Key Takeaways You should always update your software to the latest version as soon as it's available. If you or your IT department are having issues keeping up with software updates, consider a hosted solution. How does this smart phone analogy translate to your AML software solutions? Learn more. Enhanced Functionality.

Software 195

Software Cyber Security Security Community 195

Abrigo

MARCH 14, 2022

While the sophistication of loan administration software will depend on the size of the institution and the complexity of its portfolio, some functions should be integrated: 1. Adequate loan administration software will allow an organization to access the hundreds of thousands of documents that some banks have on file.

Software 195

Software System Policies Data 195

PYMNTS

DECEMBER 28, 2020

Wolters Kluwer Compliance Solutions has bolstered its Paycheck Protection Program Supported by TSoftPlus software to speed up Small Business Administration (SBA) loan applications, according to a Monday (Dec. 28) announcement.

Software 150

Software Compliance Maine Lending 150

Abrigo

AUGUST 21, 2019

Shopping for a bank secrecy act/anti-money laundering (BSA/AML) monitoring software can feel overwhelming. We’ve spent the last 20 years working with industry experts regarding regulatory compliance and our customer base regarding program efficiencies to build BAM+ into the ultimate BSA/AML regulatory and compliance solution.

Software 236

Software Analytics Compliance Industry 236

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

Bobsguide

APRIL 12, 2022

Dublin, 1 April 2022: Leading Irish private equity firm, Melior Equity Partners, has agreed an investment in Salmon Software, a fast-growing financial software business that provides customers with a world-class treasury management software system.

Software 147

Software System Management Groups 147

Abrigo

MAY 22, 2019

Department of the Treasury recently published A Framework for OFAC Compliance Commitments to provide financial institutions and other organizations with OFAC’s perspective on the essential components of a sanctions program. Financial institutions have the tools needed to ensure a sound OFAC Compliance Program thanks to this new guidance.

Compliance 150

Compliance Regulation Regional United States 150

PYMNTS

AUGUST 5, 2020

Deem , which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. The software will attempt to help small and medium-sized businesses (SMBs) with managing travel and saving money. Rise does away with the need to handle each segment individually. Deem CEO John F.

Software 157

Software Policies Compliance Management 157

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance. HealPay’s products allow agents to answer [a customer’s call].

Compliance 178

Compliance Meeting Payments Cards 178

The Paypers

MAY 14, 2024

Global provider of financial software applications Finastra has announced the completion of testing and certification for ISO 20022.

Compliance 97

Compliance Software 97

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. 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. "The

Software 142

Software Resources America Compliance 142

BankInovation

MARCH 23, 2022

Cross River Bank announced Wednesday that it will use blockchain data company Chainalysis for cryptocurrency compliance. The $5 billion bank will integrate Chainalysis’ real-time transaction compliance platform, investigations technology and risk management software into its existing crypto build.

Software 98

Software Risk Management Compliance cryptocurrency 98

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

OCTOBER 16, 2019

Flowhub , a cannabis retail management software vendor, has raised $23 million in its bid to automate cannabis compliance. In addition, the software has been updated to include the Stash app, a mobile inventory management system, as well as a cashier app that can provide better point-of-sale capabilities through the use of tablets.

Compliance 109

Compliance Software Retail Regulation 109

PYMNTS

MARCH 11, 2020

With a continuation of its global expansion, small business accounting software maker FreshBooks has rolled out in the United Kingdom. FreshBooks rolled out its VAT Return Report last year to assist more owners of small businesses get ready for tax time compliance. per news in December.

Software 130

Software Taxes Compliance Meeting 130

Bank Innovation

SEPTEMBER 6, 2017

New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms. EU regulators are presently considering changes to banking laws that classify software as a cost, rather than an investment.

Software 273

Software Regulation Fintech Compliance 273

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. AAR is the global leader for online news, product and innovation information on risk, compliance, and trading.

Software 150

Software Report United States Compliance 150

PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Traditional monolithic software can limit the ability to apply even simple updates in a short time. Adding the flexibility to scale and deploy software individually has helped us during the pandemic.”.

Compliance 225

Compliance Regulation Guidelines Security 225

Perficient

JULY 27, 2023

A good data integration plan should be able to aggregate such Big Data and can work well with the other software used by the company for monitoring the jobs and reporting.

Data 221

Data Compliance Community Lending 221

PYMNTS

SEPTEMBER 22, 2020

This move will enable the challenger bank to make any changes to its software or upgrades to its digital product offerings with more swiftness, according to a recent statement on the partnership by Varo’s CEO Colin Walsh. How The Pandemic Is Shifting Banks’ Understanding Of Clo ud Compliance. About The Tracker.

Compliance 191

Compliance Digital Banking Security Online 191

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 115

Compliance Regulation Risk Management Software 115

PYMNTS

AUGUST 21, 2019

ADEC Innovations, a global sustainable practice and compliance firm, is partnering with London-based Libryo , a legal tech software as a service (SaaS) company, to help brands understand compliance requirements, ADEC said in a press release on Tuesday (Aug. The software will track chemical use and manage compliance.

Compliance 108

Compliance Innovation Software Risk Management 108

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

CB Insights

NOVEMBER 9, 2021

Laika , a compliance and security audit platform for software companies, has raised $35M in a Series B. The post Laika, A Compliance And Security Audit Platform For Software Companies, Raises $35M In JPMorgan-Led Series B Round appeared first on CB Insights Research. and PayPal Ventures, among others. Want the full post?

Compliance 61

Compliance Software Security Company 61

Payments Source

DECEMBER 3, 2020

Less than two months after launching a software-based model to replace traditional point-of-sale terminals, MagicCube has received a security compliance allowance from Visa for the mobile-driven system.

Software 95

Software Security Mobile Compliance 95

Payments Source

OCTOBER 13, 2020

Compliance startup Shujinko is launching software designed to automate the cloud security compliance process for businesses, saying it makes the security audit far simpler and faster for businesses.

Compliance 65

Compliance Tools Software Security 65

The Paypers

SEPTEMBER 14, 2023

Financial software applications and marketplaces provider Finastra has launched its Compliance as a Service solution on Microsoft Azure to help banks combat financial crime for instant payments.

Compliance 41

Compliance Software Payments 41