FICO

SEPTEMBER 12, 2019

A new independent survey by research firm Ovum has found that banks in multiple regions plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines — but not all at the same speed. said TJ Horan, vice president of fraud solutions at FICO. “UK South Africa.

Fraud 49

Fraud Management eBook Compliance 49

Insights on Business

FEBRUARY 11, 2019

These regulatory and legal restrictions and public cloud deployment reluctance are especially true for the financial industry and, probably more so, within the financial crimes and compliance space, where highly-sensitive, entity-related information is stored and continuously examined in highly-regulated processes.

Compliance 87

Compliance Security Big Data Analytics 87

FICO

JULY 31, 2019

Fraud management and AML compliance are both about tackling financial crime, but often they are managed by different teams, each with their own processes and technology. On the surface there are clearly reasons why the fraud and AML compliance departments should work together. The likely benefits of convergence. by Sarah Rutherford.

Fraud 40

Fraud Compliance Study Management 40

PYMNTS

MAY 29, 2019

“We’ve had 10 years of enormous regulation,” UBS Group Chief Compliance and Governance Officer Markus Ronner said, according to the report. “That has tied up enormous resources.”

Regulation 108

Regulation Compliance Capital Resources 108

CFPB Monitor

APRIL 18, 2019

In May 2018, the CFPB issued an RFI and white paper on small business lending. Other symposia topics will include behavioral law and economics, small business loan data collection, disparate impact and the Equal Credit Opportunity Act, cost-benefit analysis, and consumer authorized financial data sharing.

Policies 68

Policies Analysis Compliance Lending 68

CFPB Monitor

SEPTEMBER 30, 2022

The letter was accompanied by a white paper setting forth the legal basis for their position. . The trade groups have appealed from the district court’s final judgment granting the CFPB’s summary judgment motion and staying the compliance date for the payment provisions.

Groups 78

Groups Texas Regulation Compliance 78

Abrigo

AUGUST 25, 2015

The benefits of standardizing audit documentation is somewhat obvious, as it fewer opportunities for error as well as compliance with audit and review guidelines. The clearest benefit for firms from these advances is the increased collaboration that will occur between compliance and advisory services. File storage and file sharing.

Technology 150

Technology Big Data Software Analysis 150

CFPB Monitor

APRIL 7, 2020

Examples given of operational areas that could be impacted by employees working remotely and create compliance and reputational risks included call centers and customer service, collections, dispute investigation, loss mitigation, fraud investigation/ID monitoring, and compliance monitoring.

Massachusetts 78

Massachusetts Compliance Regulation Operations 78

PYMNTS

SEPTEMBER 21, 2018

As reports noted, card-not-present (CNP) continues to be a threat as EMV compliance spreads. GIACT said in a white paper this week that older methods of protection efforts, such as trial deposits, may not be effective with the new changes coming into place. Separately, Reuters reported Thursday (Sept.

Fraud 141

Fraud Cards Report Mobile 141

PYMNTS

OCTOBER 25, 2019

Marketplace facilitator laws have been particularly murky, as many are written in broad terms that have complicated compliance for eCommerce platforms, according to Rachelle Bernstein, vice president of government relations and tax counsel for the National Retail Federation (NRF), a Washington, D.C. The Path to Change .

Taxes 100

Taxes South Dakota Policies Compliance 100

FICO

NOVEMBER 24, 2020

According to multiple sources, including the US Department of Justice and a recent white paper from the US Federal Reserve , synthetic identity fraud is now among the fastest growing forms of identity fraud. Synthetic Identity Fraud Is a Growing Problem. by Sarah Rutherford.

Fraud 98

Fraud Data US Groups 98

PYMNTS

NOVEMBER 30, 2017

The German financial institution (FI) recently released a white paper urging banks and account servicing payment service providers (ASPSPs) to implement PSD2-related changes and reforms within their institution. It acknowledges several hurdles FIs continue to face in that effort. Proper Preparation.

Guidelines 109

Guidelines Regulation Compliance Data 109

CFPB Monitor

JANUARY 12, 2017

The press release announcing the survey also includes links to “ consumer debt collection stories ” and a new white paper on online debt sales. wrong amount, do not owe, different family member), failing to abide by call-time limitations, excessive contact, and default judgment rates in debt collection litigation.

Survey 60

Survey National Leadership Compliance 60

Insights on Business

JULY 30, 2019

Organizations that wait to adapt to these capabilities however may find themselves lagging in competitive capabilities and regulatory compliance. Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management.

Risk Management 70

Risk Management Analytics Technology Management 70

PYMNTS

JULY 11, 2019

The main buzz surrounded the cryptocurrency itself, but the Libra white paper also held a pair of sentences that painted Facebook’s intentions in a new light: “An additional goal of the association is to develop and promote an open identity standard.

cryptocurrency 124

cryptocurrency Regulation Security CA 124

PYMNTS

SEPTEMBER 19, 2017

Artificial intelligence and machine learning are particularly interesting, with their ability to enhance data and analytics capabilities for customer services, compliance and client onboarding and payment processes and fraud detection services, among others.

Innovation 108

Innovation Survey blockchain Lending 108

PYMNTS

SEPTEMBER 20, 2019

Further, its digital identity feature tokenizes identities on either end of the transaction to ensure security and regulatory compliance. Visa B2B Connect also moves data with the messages about the payment, a departure from traditional options in which payments and transaction data often move independently from one another.

Payments 206

Payments Strategy Technology National 206

FICO

SEPTEMBER 12, 2018

For more information on this topic, see our white paper on Advancing AML Compliance with Artificial Intelligence. In both cases, machine learning techniques can be used to identify outliers that require further investigation.

Video 45

Video Fraud Risk Management Compliance 45

Jeff For Banks

JUNE 20, 2017

And let's not forget about the thousands of employees that work for regulatory bodies, compliance personnel in banks, and consultants that help them comply. They have to find out later, after a bureaucrat in Washington does a white paper. The banking system is stable, which is critical to national and state economies.

Data 60

Data FDIC Regulation Washington 60

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

FICO

SEPTEMBER 19, 2018

For more information on this topic, see our white paper on Advancing AML Compliance with Artificial Intelligence. In both cases, machine learning techniques can be used to identify outliers that require further investigation.

Video 40

Video Fraud Risk Management Compliance 40

FICO

DECEMBER 13, 2022

Download the white paper on this survey. Sarah Rutherford manages solutions marketing for FICO's fraud, cybercrime and compliance business. How FICO Can Help You Fight Application Fraud. Sarah Rutherford.

Fraud 52

Fraud Security Survey Customer Experience 52

PYMNTS

MAY 17, 2017

Its white paper, “ Powering up the value of commercial cards for your bank and your clients ,” underwritten by PayTech analysts, examines how banks can boost ROI on their commercial cards while heightening value for end users. “This may suggest compliance issues.”

Cards 108

Cards Analysis Data Compliance 108

CFPB Monitor

AUGUST 31, 2015

In August 2014, the National Community Reinvestment Coalition issued a white paper that urged the CFPB to take an expansive approach in developing regulations to implement Section 1071. (Nearly all of the 13 House Financial Services Committee members were among the 84 House members signing the new letter.) ”

Lending 60

Lending Data Groups Regulation 60

PYMNTS

JULY 25, 2017

Now, says a new white paper from Aquiire, businesses are again taking a page from consumers’ books on accelerating the speed of processes, from accessing information to making a purchase, with expectations for “in the now” extending into the workplace.

Comparison 100

Comparison Compliance Management Analytics 100

Jeff For Banks

SEPTEMBER 29, 2012

Can the bank be cited for a compliance violation? Alas, some bankers may communicate with customers without full knowledge about regulatory compliance issues. Additionally, every bank marketing and compliance officer should work together to create a written policy that answers all the “fear” questions to management’s satisfaction.

social media 65

social media Compliance Guidelines Groups 65

American Banker

MAY 4, 2016

The Treasury Department will release a white paper next week outlining “research and recommendations” related to marketplace lending as a capstone to its nearly yearlong inquiry into the fast-growing industry.

Lending 28

Lending Industry Compliance Regulation 28

Insights on Business

DECEMBER 14, 2016

Further, as banks are cutting costs, increased demands for security and regulatory compliance are adding them back almost as quickly. For a white paper on Radical Transformation in Financial Services, go to: https://www-01.ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254. ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Regulation Operations 70

PYMNTS

JANUARY 27, 2017

Neufund outlined its mission in a white paper it recently published on its website, along with a video detailing how its fund will function and operate. In all instances, cybersecurity is an essential element for financial and other institutions implementing blockchain technology.

blockchain 100

blockchain Meeting Security Capital 100

FICO

OCTOBER 28, 2018

I have written three white papers that describe in more detail how the FICO ® Falcon ® Platform uses fraud analytics, specifically AI and machine learning, to address the open banking revolution. Download our white paper: 5 Keys to Using AI and Machine Learning in Fraud Detection. Learn More. by Krzysztof Nalborski.

Analytics 52

Analytics Fraud Big Data Data 52

PYMNTS

JANUARY 24, 2018

A 2015 white paper from Intel highlighted the importance of monitoring SaaS activity to prevent cloud-based solutions from becoming a cyber threat on the enterprise. “The gap between the spend that IT is aware of, and the spend that it isn’t, is where software is going unmanaged,” he said.

Software 110

Software Tools Security Management 110

FICO

JANUARY 4, 2023

Download the white paper on this survey. Sarah Rutherford manages solutions marketing for FICO's fraud, cybercrime and compliance business. How FICO Can Help You Fight Application Fraud. Sarah Rutherford.

Fraud 52

Fraud Survey Security Digital Banking 52

ForwardBanker

JUNE 7, 2016

The Office of Comptroller of the Currency (OCC) initiated a working group in 2015 to begin to assess the evolution of technology and innovation in financial services, resulting in publication of a white paper at end of Q1, and requested industry comments on strategic questions. The dialog will continue later this month, at an OCC.

Innovation 28

Innovation Groups Industry Technology 28

FICO

NOVEMBER 21, 2022

Download the white paper on this survey . Sarah Rutherford manages solutions marketing for FICO's fraud, cybercrime and compliance business. How FICO Can Help You Fight Application Fraud. Sarah Rutherford.

Fraud 52

Fraud Survey Data Analysis 52

FICO

AUGUST 1, 2018

The acquirer has incorporated a broad array of new automated functions, for example, additional compliance features such as know your customer (KYC) and bank account (DDA) verification and wrapping into a highly innovative business model of underwriting as a service (UaaS). Follow me on Twitter @ScottZoldi. appeared first on FICO.

Management 58

Management DC Examples Customer Experience 58

CFPB Monitor

OCTOBER 17, 2018

The Payday Rule’s compliance date is August 19, 2019. In the preamble, the CFPB states that it expects to issue a NRPM “by no later than early 2019 that will address reconsideration of the rule on the merits as well as address changes to its compliance date.”.

Regulation 68

Regulation Compliance Lending Cards 68

PYMNTS

MARCH 1, 2017

Currencycloud’s latest white paper, Global Payments: How FinTech Partners Are Helping Banks Transform, lays out the complexities that banks face in trying to keep up with the rapid pace of globalization and how partnerships with FinTechs may be an alternative path to success.

Payments 100

Payments System Fintech Regulation 100