SWBC's LenderHub

JUNE 21, 2021

Experts predict it will rapidly advance the regulatory landscape by offering technological compliance solutions for the highly regulated financial services industry. Regulatory technology, or RegTech, was developed in the wake of the FinTech revolution and has been continuously expanding since the financial crisis of 2008.

Industry 78

Industry Compliance Regulation Technology 78

PYMNTS

FEBRUARY 24, 2020

The country’s government and regulators are keeping pace with those in the European Union and the U.S. Foreign firms and regulators tend to think of Chinese laws as either too strict, wide-reaching or lax — perceptions that have failed to keep up with local regulations’ developments. “In Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

CFPB Monitor

SEPTEMBER 3, 2019

Each of these initiatives provides valuable new resources for both banks and non-banks to stay apprised of changing state regulatory systems and technological advances that impact the financial services industry. State regulators are encouraged to provide copies of pertinent guidance documents they issue for inclusion in this repository.

Tools 60

Tools Industry Online Resources 60

PYMNTS

JANUARY 2, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan. 50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. .

Cards 130

Cards blockchain Retail Cyber Security 130

SWBC's LenderHub

JANUARY 26, 2017

However, if you're lending, you're most likely accepting borrower payments, and you need to be informed about the intricacies of PCI DSS, or the Payment Card Industry Data Security Standard. Many of the lenders we partner with often feel like there's a never-ending list of regulatory and compliance requirements to meet.

Industry 60

Industry Security Cards Data 60

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000.

Data 202

Data Los Angeles Survey Cyber Security 202

American Banker

FEBRUARY 14, 2024

New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.

cryptocurrency 83

cryptocurrency Regulation Industry Cyber Security 83

PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

American Banker

NOVEMBER 20, 2023

In our ongoing battle against financial fraud, we need a holistic overhaul of the regulatory landscape to safeguard the financial industry and its stakeholders effectively.

Fraud 41

Fraud Regulation Industry Cyber Security 41

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. Logistics giant UPS announced it is joining the Blockchain in Transport Alliance (BiTA), a consortium that explores the use of blockchain for the freight industry. “It

blockchain 135

blockchain Cyber Security Groups Regulation 135

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52

Jeff For Banks

FEBRUARY 4, 2023

At Bank Director's Acquire or Be Acquired conference , I had a sidebar conversation with a longtime friend and banking industry investment banker about ChatGPT, which stands for Chat Generative Pre-Trained Transformer. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack

United States 78

United States US Cyber Security Taxes 78

American Banker

DECEMBER 15, 2020

Federal banking agencies want to give the industry a hard deadline for notifying their regulators about serious security breaches and failed system upgrades.

Report 70

Report Regulation Security System 70

FICO

JANUARY 5, 2023

Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. For those in the financial services industry, 2023 will be the year when U.S. regulators take a major step in addressing the emerging open banking landscape. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

Banking 2020

NOVEMBER 8, 2015

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. The move comes just as the banking industry gears up for major changes to payment rules that will mean they have to open up their platforms to third party developers.

Cyber Security 40

Cyber Security Payments Security Regulation 40

Bussman Advisory

FEBRUARY 21, 2018

While regulators around the world have generally been attentive to the rise of ICOs, and have worked hard to understand them, there are still a number of thorny legal and regulatory issues to be addressed. If the ICO community cannot address such cyber security issues, it will have a hard time catching on with mainstream investors.

Capital 67

Capital Cyber Security blockchain cryptocurrency 67

PYMNTS

JULY 15, 2016

It’s as quiet as a hot summer night, as the prepaid industry awaits the final ruling from the CFPB. That sets up one of the biggest areas of contention from the standpoint of the prepaid card industry: the majority of users perceive and use prepaid cards no differently than a standard demand deposit account. Who Uses Prepaid Anyway?

Cards 100

Cards Millennials Regulation Cyber Security 100

NCR

APRIL 4, 2017

The issues of fraud and security should be forefront in the minds of every financial institution (FI) at the current time. Meanwhile, 72 percent of FIs expect to invest in cyber security training and awareness programs, while two-thirds (67 percent) will look to employ personnel with expertise in this area.

Cyber Security 49

Cyber Security Study Security Training 49

FICO

OCTOBER 26, 2022

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms. Well, I am often complimented as being contrarian and I, in fact, think the AI Bill of Rights provides the right direction for where our industry needs to go. A first step toward AI regulation. FICO Admin. by Scott Zoldi.

Handbook 52

Handbook Analytics San Diego Regulation 52

American Banker

NOVEMBER 23, 2020

In an open letter, industry veteran Thomas Vartanian outlines the steps the administration can take to encourage innovation, better detect cyber threats and modernize regulation.

System 63

System Regulation Innovation Industry 63

NCR

JUNE 7, 2017

With regulations such as PSD2 likely to create both risk and opportunities for banks, being able to work in close collaboration with fintechs will be vital to success. At present, fewer than a third of innovation leaders in the banking industry (31 percent) rate their approach to fintech acquisition as highly effective.

Fintech 80

Fintech Cyber Security Innovation Examples 80

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. That's the best way to deal with cyber insecurity.

Cyber Security 40

Cyber Security Comparison Policies Data 40

NCR

NOVEMBER 14, 2016

MAS is also proposing to bring Singapore’s payment regulations – which currently span two pieces of legislation – under a single framework covering the licensing, regulation and supervision of all payment services. ” Europe prepares for PSD2.

Payments 40

Payments Regulation Cyber Security National 40

American Banker

JANUARY 12, 2024

Lynch, the council will explore how artificial intelligence is influencing the development of new products and services, fraud prevention and other areas across the financial services and housing industries.

Groups 78

Groups Fraud Industry Cyber Security 78

PYMNTS

NOVEMBER 13, 2017

But that is changing as more consumers in the region are embracing digital methods and purchase channels, and the payments industry is pegged to grow ten-fold to $500 billion by 2020. banking regulators need to pick up the pace in their efforts to confront the risks FinTech companies pose to the banking sector. “We

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

American Banker

OCTOBER 13, 2020

Credit unions' credit and debit card portfolios could see a surge this week as the online retailer offers two days of deals, while the industry's regulator is set for a cybersecurity update.

Meeting 52

Meeting Regulation Cards Retail 52

FICO

AUGUST 8, 2022

In these blogs, I review the industry trends and developments in technology set to impact businesses. This notion is gaining serious traction as the regulation of AI is becoming increasingly emboldened. In my mind high-risk AI is not yet deployed widely, and the EU’s AI regulation suggests over-reaction. Mon, 08/08/2022 - 15:30.

Data 96

Data Analytics San Diego Alaska 96

Celent Banking

OCTOBER 12, 2016

Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns. We continue to prove that the approach of the IT department managing cybersecurity is not working.

Risk Management 100

Risk Management Operations Management Security 100

FICO

DECEMBER 1, 2022

Surely there will also be specialist AI cloud service providers focused on industry domains, including regulatory profiles, providing companies with easy on-ramps to Responsible AI deployments at scale. These artificial intelligence platforms will provide incredible, industry-specific leverage to speed-to-market, safely and responsibly.

Analytics 98

Analytics Phoenix San Diego Tools 98

FICO

OCTOBER 10, 2016

In today’s security world, we’re less likely to find something about to happen, or even something happening now, and more likely to find something that happened long ago. Earlier this year, IDG polled security “experts” to predict the “single biggest security threat of 2016 ”. Here’s what I’m talking about. Why is that?

Cyber Security 40

Cyber Security Security National Data 40

Gonzobanker

NOVEMBER 1, 2016

Financial institutions are oftentimes the same way—they want to do the right thing exactly as their regulators “suggest.” Regulators, meanwhile, have historically not given such specific direction and with such a prescriptive approach as they’ve done with the CAT. (Not that I’ve ever done that, mind you. It was the soccer field.)

Risk Management 60

Risk Management Security Management Tools 60

American Banker

SEPTEMBER 12, 2016

Cybersecurity enforcement efforts need to be better coordinated across government agencies, financial industry groups said in a letter Friday to the National Institute of Standards and Technology.

Regulation 28

Regulation National Groups Industry 28

PYMNTS

JUNE 20, 2017

Especially in the wake of the 2008 financial crisis, industry experts acknowledged the role that sophisticated data intelligence played in mitigating risk, with treasurers able to track risk on a daily basis. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

Big Data 119

Big Data Data Risk Management Compliance 119

Payments Source

OCTOBER 29, 2018

What keeps execs up at night in the payments, retail and banking industries? Quite a lot, including disruption from tech giants and competition from foreign rivals.

Retail 104

Retail Company Payments Industry 104

PYMNTS

AUGUST 12, 2016

A couple of weeks back, Australia’s three biggest banks complained to the Australian regulator that the only way that they could have a digital wallet presence on Apple’s phone is to become a provisioned card in the Apple Pay app and pay 15 basis points on each transaction. But is FireEye’s fizzle this week a security sizzle?

Lending 100

Lending Apple Cards Study 100

American Banker

JUNE 28, 2016

Bankers, fintech entrepreneurs, regulators and other financial services players gathered in New Orleans last week to discuss the future of the industry at American Banker 's Digital Banking 2016 conference. Here are some of the highlights of the conference. For more, check out the hashtag #digibank16 on Twitter.

Digital Banking 34

Digital Banking Conference Regulation Fintech 34

Tomorrow's Transactions

NOVEMBER 7, 2014

The event had three main themes: The future of UK financial regulation and British competitiveness post-FSA. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security. From Rustat Conferences ].

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58