PYMNTS

MARCH 4, 2019

Nordea, the biggest bank in the Nordic region, is being accused of handling millions of dollars in suspicious transactions for several years. The Yle report also hurt shares of DNB, the largest bank in Norway, which merged its Estonian, Latvian and Lithuanian operations with Nordea in 2017.

Virgin Islands 116

Virgin Islands Taxes Regulation Regional 116

PYMNTS

MARCH 29, 2018

Parker said the startup is working to get the payments industry comfortable with the idea of operating in the cloud. Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. billion in potential fraud was prevented, compared to last year’s $1 billion. ModoPayments. Chargehound.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

PYMNTS

MAY 23, 2017

Raimundo Diaz, head of Americas at TMF Group, and Jason Gerlis, regional director of North America at TMF Group, both chatted with PYMNTS about the findings in the report. Expanding existing operations, boosting R&D and finding new talent were also high on the list. For both executives, some of the data came as a surprise.

US 100

US Compliance Taxes Trends 100

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. In Spain, regulators are reportedly exploring how to support blockchain developers.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

OCTOBER 7, 2020

This means individual transactions are unlikely to pop up on regulators’ or tax officials’ radar, thus keeping the operations under wraps. Perpetrators process their funds through thousands of smaller transactions rather than a few larger ones. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

PYMNTS

DECEMBER 8, 2016

Not so for other parts of the world: Government mandates are looking to reduce corruption and fraud and enhance reporting capabilities through eInvoicing requirements. In Europe, analysts at the Organization for Economic Cooperation and Development found that eInvoice mandates are helping Europe to promote tax compliance and detect fraud.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

DECEMBER 11, 2019

In Norway, banking group Eika Group announced an investment in and collaboration with EedenBull in an effort to help traditional financial institutions in the region strengthen financial services to business clients. Eika Group, EedenBull Team for Banks. Alliance Bank Taps Into Ephesoft Data Capture.

Fintech 132

Fintech Groups Data Strategy 132

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. So the risk for banks can be very high, which is why so many lenders are realizing the need to dramatically improve the efficacy of compliance operations, using machine learning for AML.”.

Compliance 45

Compliance Regional Survey Analytics 45

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. The shift to digital commerce has opened up new markets for companies across all verticals and sizes.

Branding 322

Branding Taxes Fraud Regulation 322

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. Sigma aims to streamline business operations. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations.

Online 98

Online Company Retail Payments 98

PYMNTS

MAY 12, 2017

In 2014, its first year in business, the company quickly signed up over 200 customers in Europe and then determined it needed to expand outside the region to build momentum. Another company facing similar difficulties is MangoPay, a Luxembourg-based marketplace and crowdfunding payment solution provider. Staying calm and compliant.

Payments 109

Payments Compliance Guidelines Comparison 109

Jeff For Banks

NOVEMBER 24, 2019

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. She effectively ran the bank and its operations. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. I'm not making this up.

National 78

National West Virginia Virginia Pennsylvania 78

FICO

DECEMBER 21, 2016

Just as in adjacent spaces — fraud, cybersecurity — analytics help investigators pick the most suspicious activities based on study of a wide range of factors. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. We expect that to change. We will see the next Panama Papers revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Acronym of the Year. Has to be M-O-E. Now, about that execution….

Fintech 143

Fintech Strategy Leadership Lending 143

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Mozido’s fintech fraud fiasco. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. Existing startups like the UK’s Revolut are also looking to expand in the region. Divvy automates the entire expense report process, helps companies eliminate fraud and wasteful spending, and optimizes online subscriptions.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. The year-over-year increase in cross-border online sales was even more dramatic in other regions. Preventing Financial Crimes.

Trends 259

Trends Video Retail Payments 259

PYMNTS

AUGUST 5, 2019

Expanding operations to reach customers like these requires that businesses not only offer appealing products and services, but also provide payment experiences that are both convenient for consumers and easy for the companies to manage.

Payments 115

Payments Compliance Operations System 115

FICO

MARCH 6, 2020

In 2014, I joined Tonbeller as Head of Sales & Channel Operations and became Management Board member shortly thereafter. FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. Fraud and money-laundering are closely connected. Why is Anti Financial Crime so important?

Compliance 81

Compliance Technology Fraud Analytics 81

CB Insights

OCTOBER 26, 2020

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. Table of contents. The disruption of the IPO.

Management 78

Management Capital Company Marketing 78

Fintech Labs Insights

JULY 16, 2015

BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user. DAVO Technologies’ automated technology solution solves small-to-mid-sized merchants’ sales tax pain points.

Company 12

Company Mobile Software Big Data 12

PYMNTS

JULY 15, 2019

In the immediate days following the announcement of Libra, PYMNTS spoke to two of its higher-profile backers, Mastercard and PayPal , via Mastercard’s Executive Vice President of Digital Solutions Jorn Lambert and PayPal’s Chief Operating Officer Bill Ready.

Regulation 100

Regulation cryptocurrency Policies blockchain 100

CB Insights

OCTOBER 31, 2017

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. Read more here. Product: del.icio.us.

Company 78

Company US San Francisco Capital 78