Abrigo

FEBRUARY 6, 2020

After a three-year hiatus, the highly anticipated OFAC Symposium provided a wealth of information to financial institutions, attorneys, government officials and other attendees in a closed-to-the-press event. OFAC restated its crucial role in furthering U.S. What does a “maximum pressure strategy” entail?

United States 195

United States Compliance Strategy National 195

PYMNTS

SEPTEMBER 9, 2020

operations, TikTok parent ByteDance is in talks with the American government about potential deals to steer clear of their complete sale, The Wall Street Journal reported, citing unnamed sources. operations of TiKTok is encountering an obstacle as it is not known if the programming code at the center of the app can come with the deal.

US 150

US Operations Security Software 150

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” Artificial intelligence (AI) has emerged as a powerful tool in the fight against financial crimes.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

JANUARY 3, 2020

A large number of senior government officials will visit the International Consumer Electronics Show ( CES ), an annual tech industry event held in Las Vegas, according to a report by Reuters. Most of the Big Tech companies skip the event in favor of holding their own events.

Las Vegas 130

Las Vegas Leadership National Technology 130

PYMNTS

JANUARY 3, 2020

A large number of senior government officials will visit the International Consumer Electronics Show ( CES ), an annual tech industry event held in Las Vegas, according to a report by Reuters. Most of the Big Tech companies skip the event in favor of holding their own events.

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Policies Las Vegas Leadership National 130

Abrigo

MARCH 4, 2022

He won’t sit still for it,” James Clapper, former Director of National Intelligence under President Obama, said of the trade and financial sanctions during an interview Sunday on CNN. You have nationalists with the Russian Federation, and you have these criminal groups operating independently. Indeed, former top U.S.

Exercises 195

Exercises Leadership Fraud Resources 195

PYMNTS

NOVEMBER 15, 2016

The National Institute of Standards and Technology (NIST) is looking to help. With a guide developed for SMEs in need of cybersecurity direction, NIST’s latest paper, “ Small Business Information Security: The Fundamentals ,” released last week, aims to shed light on basic cybersecurity measures SMEs must take.

Security 100

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PYMNTS

JULY 27, 2018

intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S.

Community 104

Community US Software National 104

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We

Regulation 349

Regulation National System Industry 349

Abrigo

JULY 1, 2022

Takeaway 2 Large scale events like wars and natural disasters create similar opportunities. Human trafficking has long been a global concern and has officially become one of the eight national anti-money laundering and counter-terrorism priorities for the United States. The United Nations reports that there are approximately 40.3

Training 195

Training Fraud National Exercises 195

Bobsguide

SEPTEMBER 13, 2022

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions announced it has commenced live operations of its new “golden copy” event notification and direct vote execution service for the Danish market.

Meeting 88

Meeting Security Operations Marketing 88

PYMNTS

MAY 13, 2019

The latest research comes as the G7 nations prepare for a cross-border cyberattack simulation. Cyber experts at Onapsis said last week that 1 million SAP systems were found to be vulnerable to hacking as a result of a security flaw. have ever reported a malicious “cyber event” — until now. Zero utilities in the U.S.

Baltimore 128

Baltimore Wyoming Data Security 128

PYMNTS

JANUARY 1, 2021

The outcome, should it come in 2021, would shape how app store and other platforms operate, and whether they promote or hinder competition and innovation in various tech marketplaces. As has already been playing out in court , the ongoing war between Apple and Epic Games will likely head to trial. Beyond The Companies .

Regulation 352

Regulation social media Course Apple 352

PYMNTS

JUNE 29, 2020

Valdis Dombrovskis , the EU’s executive vice president of the European Commission for an Economy that Works for People, told attendees of the Digital Finance Outreach 2020 , a series of events for the 27-nation bloc on financial technology companies, that Europe must become the leader in crafting rules for digital finance.

cryptocurrency 221

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PYMNTS

MARCH 26, 2020

They are not always fast followers of newly introduced products and services from their larger banking brethren who operate on a national scale. Dig into that infrastructure, she said, and there can be a range of different vendors across core operations, mobile banking, online banking and payments processing.

Community 247

Community Community Bank Mobile Cards 247

Perficient

JULY 11, 2022

One could consider it the “layaway of the digital age,” except unlike with layaway, the consumer does not have to pay in full before taking their purchase home, using the service, obtaining the tickets to an event or destination, etc., which is a huge draw to using BNPL as a non-cash payment method.

Fintech 474

Fintech Trends South Dakota Apple 474

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

cryptocurrency 146

cryptocurrency Innovation DC National 146

PYMNTS

MAY 12, 2020

Liv Hospitality, a family business, owns and operates Tin Lizzie Gaming Resort and Cadillac Jack’s Gaming Resort and four hotels in Deadwood. Other casinos are watching what’s happening in Deadwood for reference on how to operate their own businesses. The official explanation, according to CEO Caleb Arceneaux , is cabin fever. “I

South Dakota 131

South Dakota Jacksonville Montana Nevada 131

Bank Innovation

JUNE 15, 2016

The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs. Bank Innovation Israel 2016 registration has officially opened today.

Innovation 150

Innovation National Fintech social media 150

PYMNTS

MAY 16, 2019

The United States is the last of the G20 nations to make the transition to more secure, chip-based payment cards, which is slowly making it more difficult and expensive for thieves to turn dumps into cold hard cash,” it said. These attacks are not one-time events, one particular way. One big reason, according to the report?

Retail 218

Retail Online Cards Data 218

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. COVID exposed the fragility of many systems’ operating models: an over-reliance on a small number of services to fund expenses across the enterprise. The $200B question.

US 522

US Marketing Automation Marketing System 522

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic.

Regional 214

Regional New Hampshire Tools Vermont 214

South State Correspondent

MARCH 15, 2023

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. Recent events have increased and made customers more sensitive to safety, service, and convenience instead of rate.

social media 195

social media FDIC Branding Management 195

PYMNTS

NOVEMBER 3, 2020

Last month, American Airlines announced that it will be piloting a new touchless mobile identity system at Dallas/Fort Worth International and Reagan National airports that will allow passengers to verify their identities with their faces at the check-in desk. CLEAR’s greater ambitions lie beyond events and travel.

Technology 307

Technology Alaska Fort Worth Mobile 307

PYMNTS

JANUARY 28, 2020

Some operators said no way, moving to countries with more relaxed rules, or simply shuttering. In the latest PYMNTS AML/KYC Tracker®, we learn that crypto is increasingly being defined as a security, not a currency – but either way, it’s getting a lot more scrutiny. 10, with new regulations for cryptocurrencies, wallets and exchanges.

Compliance 151

Compliance cryptocurrency Fraud Regulation 151

PYMNTS

OCTOBER 7, 2019

European countries like France have vowed to block Libra’s development, saying it poses a risk to the sovereignty of nations’ currencies. Members of the Libra Association consortium were asked to invest at least $10 million each to help cover the operating costs of coming to market with the digital coins and to fund their issuance.

cryptocurrency 108

cryptocurrency Regulation National Security 108

PYMNTS

JUNE 6, 2019

Last month, the Small Business Administration (SBA) and the National Credit Union Administration (NCUA) announced a collaboration that aims to promote credit unions’ participation in the SBA small business lending program, via webinars and training events aimed at broadening the credit union sector’s small business lending efforts.

Lending 129

Lending Analytics Data Security 129

PYMNTS

APRIL 7, 2020

The announcement came during the virtual America CARES Small Business Relief event hosted at the White House on Tuesday afternoon (April 7). It’s great to see companies like Mastercard leveraging their assets, technologies and reach to provide small businesses with tools that they need to secure their business and focus on their future.

New York 167

New York Community Tools Maine 167

Abrigo

SEPTEMBER 3, 2021

Where fraud prevention, AML, and IT security historically stayed in separate pillars of financial institutions, it is now imperative that each of the divisions communicate regularly, and cross-monitor for these threats. Strong encryption of data and protecting the decryption keys are essential parts of data security.

Training 195

Training Software Fraud Security 195

PYMNTS

JUNE 4, 2018

The combination of leaked National Security Agency (NSA) tools, plus state-sponsored capabilities, triggered a systemic event,” Mark Camillo, head of cyber for EMEA at AIG, said in a statement. researcher hadn’t quickly found and activated the kill switch.”. If users didn’t pay within that time frame, the ransom would double.

Data 109

Data National Bitcoin System 109

PYMNTS

AUGUST 18, 2017

18) that it launched Cyber Liability, a way to protect contractors in the event of a cyberattack or data breach and a response, the firm said, to a “dramatic” rise in the number of recent cyberattacks on U.K. Insurance broker Kingsbridge, which services contractors and corporates, is adding a cybersecurity tool into its offering.

Groups 101

Groups Data Software National 101

Abrigo

NOVEMBER 17, 2023

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. These costs are necessary and ongoing, forming a crucial barrier against fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

MAY 24, 2018

But it’s hard to imagine such a large-scale event taking place without impacting eCommerce operators and financial institutions, even if indirectly. Department of Homeland Security this week issued a warning about VPNFilter, saying that it has “the potential to cut off internet access for hundreds of thousands of users.”.

Software 130

Software Security United States National 130

PYMNTS

JANUARY 18, 2019

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

NOVEMBER 14, 2019

However, mobile concession ordering apps like FanFood still encounter their fair share of security and logistical challenges. PYMNTS recently spoke to Dustin Hemesath, FanFood’s co-founder and national sales manager, about the company’s position in the industry and how it meets logistical and security challenges.

Mobile 129

Mobile Innovation San Jose Iowa 129

Abrigo

MARCH 23, 2020

How will your BSA program continue to operate smoothly during so much uncertainty? On March 16, the Financial Crimes Enforcement Network (FinCEN) released a response to President Donald Trump declaring a national emergency related to the coronavirus. Ensure your virtual network stays secure amid new work conditions.

Security 195

Security Software Fraud Policies 195

PYMNTS

JULY 14, 2017

Kenya, ranked third in the region, provides a good example of co-operation through its National Kenya Computer Incident Response Team Coordination Centre (National KECIRT/CC),” said ITU. Yet three-quarters have set aside no budget for recovery in the event they get hit. Homeland Security. Not Ready: SMBs.

Operations 118

Operations Study social media Security 118