PYMNTS

JULY 30, 2019

Those opportunities are particularly impactful in an era of banking where customer service and end-user experiences are often the defining factor of whether a customer is loyal or not. In small business banking, the friction points that threaten the user experience are quite similar in Latin America to the friction faced in the U.K.,

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

JANUARY 31, 2018

The disconnect is one where “the most prominent reason is that financial institutions, and banks in particular, have to be compliant with so many different regulations across AML (anti-money laundering) and KYC (Know Your Customer). And this has a significant impact to the user base as well, as more information is needed.”.

Online 153

Online Security Course Mobile 153

PYMNTS

DECEMBER 10, 2020

KYC regulations require companies to prevent money laundering and protect themselves from being linked to criminal enterprises by accurately verifying their customers? Video-based KYC is an effective digital technology used increasingly to confirm customers? Video verification is one way to ensure smooth experiences and build trust.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more. But for blockchain solutions, testers have to take a bit of a unique approach to the matter.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Some “old school” methods that worked in the past aren’t working anymore. Which is why, Clark said, it’s time for a change.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. Those that are constantly developing new ways to integrate connected experiences into people’s lives will probably be at the forefront of the tech industry. PYMNTS: What do you wish you had more time to do?

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

SEPTEMBER 23, 2020

million documented foreign workers in the country, including 261,800 in domestic services and 370,100 in construction. Leveraging Technology And Government Data To Simplify Due Diligence. The Ministry of Manpower (MOM) — Singapore’s labor policy agency — estimated in December 2019 that there were 1.43

Policies 132

Policies Security User Experience Tools 132

Gonzobanker

AUGUST 31, 2015

It could stem from an overreaction to a regulator or an overzealous compliance employee with too much power. Sell older, less sophisticated loan officers on the fact that they will be able to focus more on sales and customers will have a quicker, less error-prone experience as long as they play in the sandbox. CAUSE SOLUTION.

System 60

System Tools Cards User Experience 60

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Having said that, enforcing open banking regulations can sometimes result in chaotic and unhappy market conditions.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. Having said that, enforcing open banking regulations can sometimes result in chaotic and unhappy market conditions.

Data 52

Data Regulation Mobile Security 52

Lars Markull

JUNE 30, 2020

Plaid built its $5bn data aggregation business on the back of these two technologies, while newer competitors like Tink and Teller have raised lots of money to innovate on reverse engineering of APIs. In this way, users are able to link with and access their financial accounts without revealing their netbanking credentials to anybody.

Data 52

Data Regulation Mobile Security 52

Fintech Labs Insights

MAY 24, 2017

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. ” The possibility of smaller, more effective compliance teams is another advantage that cannot be overlooked.

Compliance 21

Compliance UX User Experience Fraud 21

FICO

JANUARY 7, 2021

It’s crucial, he noted, that there is a chasm between the early adopters and the early majority when it comes to new technology. Companies now need to step up the pace, and move into technology adoption that may feel disruptive. While COVID-19 knocked normal regulatory regimes for a loop, responsible AI has come into its own.

Management 52

Management Analytics Strategy Data 52

PYMNTS

MARCH 6, 2019

However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data.

blockchain 189

blockchain Management Data User Experience 189

Insights on Business

JUNE 20, 2018

With the launch of OpenPages with Watson v8 , IBM is continuing to build on its legacy of industry-leading technologies for the financial sector. Based on a common object model, banks are able to start with a single risk domain and pragmatically roll out other domains with a common taxonomy and experience.

Compliance 70

Compliance Innovation User Experience System 70

PYMNTS

APRIL 11, 2018

At its foundation, he said, KYC deals with regulated use cases, transactions, entities, people or accounts, for the primary purpose of trying to keep the bad guys at bay, keep things like money laundering in check and fight terrorism. Against that daunting task, technology proves useful. Not such an easy task,” Ufford proffered.

Mobile 101

Mobile Regulation Online Tools 101

Cisco

MAY 24, 2022

Organizations are looking to purpose-built supervisory technologies like Theta Lake to unlock productivity and comply with relevant rulesets. This includes the ability to examine the contents of exchanged files be they voice, video, text, documents, or spreadsheets. When you are speaking with CISO’s, what is top of mind for them?

Compliance 115

Compliance Security Video Meeting 115

CB Insights

MARCH 21, 2018

While technology has permanently changed entire industries wholesale over the past decade, the multi-trillion-dollar global insurance industry in many ways, is still stuck in the past. Enter blockchain technology, a cryptographically secured form of shared record-keeping. million diamonds using blockchain technology.

blockchain 78

blockchain Fraud Policies Industry 78

CB Insights

OCTOBER 31, 2019

Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology. The important chatbots of 2019 aren’t all-knowing virtual butlers; they’re highly targeted applications of conversational technology. Table of Contents. Get the full report.

Industry 78

Industry Examples Tools Retail 78

William Mills

SEPTEMBER 12, 2017

VERY Cool mobile, user experience. This technology powers a ton of other FinTech companies (something that I don’t think most people know). PromonTech has a vision of a mortgage industry that is transparent, efficient and understandable for all: borrowers, lenders, regulators and investors. Cool name and branding.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

JUNE 16, 2015

Quill Portfolio Review leverages the company’s core technology to make it easier for wealth managers to engage with their customers in a far more personalized, efficient way. Quill, the core technology behind the solution, was first introduced to Finovate audiences at FinovateSpring 2013.

User Experience 12

User Experience Illinois Chicago Management 12

Fintech Labs Insights

JULY 22, 2015

Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology. This patented solution also effectively reduces the deployment and maintenance overheads typically associated with 2FA technology solutions offered in the market.

San Francisco 12

San Francisco Video Fintech Data 12

Fintech Labs Insights

MARCH 27, 2017

In its simplest form, the technology essentially involves replacing traditional, face-to-face savings and investment advice with automated, online guidance. The advantages of the technology are many, not least its democratization of access to investment and subsequent opening up of wealth management to the masses.

Fraud 12

Fraud User Experience Fintech US 12

PYMNTS

DECEMBER 5, 2016

But mobile and other connected devices, the cloud, software platforms, new technologies, data, near-ubiquitous wireless internet and the imaginations of innovators have changed all of that. They’re doing that at the same time regulators seem to be working overtime to put traditional banks at a competitive disadvantage.

Retail 100

Retail Payments Mobile Innovation 100

PYMNTS

OCTOBER 1, 2018

You can have distributed ledger tech without using bitcoin rails, but you can’t have bitcoin without blockchain technology. We’re about to release a new study that documents the degree to which the hype machine has been pinned on blockchain tech’s claims of reinventing everything, from moving money to making sure that our food supply is safe.

Bitcoin 214

Bitcoin blockchain cryptocurrency Innovation 214

PYMNTS

DECEMBER 5, 2016

But mobile and other connected devices, the cloud, software platforms, new technologies, data, near-ubiquitous wireless internet and the imaginations of innovators have changed all of that. They’re doing that at the same time regulators seem to be working overtime to put traditional banks at a competitive disadvantage.

Retail 100

Retail Payments Mobile Innovation 100