PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

JANUARY 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. It’s not just technical connectivity that financial service executives need to think about as their business or their FI moves to 24/7,” she said.

Operations 349

Operations Payments Industry Management 349

PYMNTS

AUGUST 28, 2020

Bloomberg News reported that Transport for London (TfL) will stay neutral and let the court decide whether Uber can operate in its biggest European market. Citing that Uber was unfit to hold a license, TfL suspended the company’s operations last November.

Operations 154

Operations Regulation Groups Data 154

CFPB Monitor

NOVEMBER 18, 2021

Earlier this week, the CFPB issued a Request for Information (RFI) regarding an assessment of the significant amendments to the Home Mortgage Disclosure Act rules, known as Regulation C, adopted in October 2015 and subsequently revised in several additional rulemakings (the “HMDA Rule”).

Compliance 78

Compliance Data Lending Operations 78

Perficient

FEBRUARY 27, 2024

Platform Modernization: Enhancing Efficiency Across the Value Chain Organizations are actively embracing artificial intelligence (AI) and cloud technologies to streamline operations and gain insights. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

Bobsguide

MARCH 30, 2022

the global leader in multibank connectivity and communications, has announced the hire of Bernhard Kaiser as the firm’s new Chief Information Officer. Kaiser will manage Fides’ information technology strategy and execution, focusing on innovation to meet the changing needs of the market. “I Fides Treasury Services Ltd. ,

Leadership 60

Leadership Strategy Innovation Operations 60

CFPB Monitor

MARCH 20, 2023

The CFPB has issued a request for information about business models that collect and sell consumer data, such as data brokers, data aggregators, and platforms.

Data 78

Data Operations Industry Report 78

PYMNTS

JUNE 6, 2019

The server in question was operating a database that was used to log company events for its StreamOne Cloud service. However, the server was not password-protected, so anyone with a browser could find the information, which included names, addresses and job titles, among other personal data.

Data 115

Data Samsung Security System 115

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. Reports noted that the central bank sent reminders and warnings to the company to provide the financial information.

Operations 101

Operations Regional Compliance Report 101

PYMNTS

OCTOBER 25, 2018

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” 25) that the personal information of one million or more U.K. Facebook got hit with a $644,600 fine in the U.K.

social media 134

social media Data Security Report 134

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage. The Value In Quick Responses .

Operations 156

Operations social media Online Survey 156

PYMNTS

DECEMBER 9, 2019

has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. Our own state-of-the-art processing center is connected to the global banking network, so we can track all transactions and keep you informed on the status of every transfer,” the company said on its website. “We

Operations 130

Operations America Cards Fintech 130

Bank Innovation

JUNE 6, 2017

Among the many innovative products announced during Apple’s WWDC 2017 yesterday (like this iMac Pro, or these cool smart speakers), the tech giant’s new P2P payments service got the FI spotlight. Quickly dubbed “the Venmo competitor,” the new service will allow iOS 11 users transfer money via iMessage starting this fall.

Innovation 330

Innovation Payments Operations Google 330

Bank Innovation

NOVEMBER 15, 2018

Voice banking -- operating your bank account by voice -- is a hot topic in the industry today, but many questions remain. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that lives in Echo smart speakers as well as a growing array of other devices. One problem is […].

Data 186

Data Capital Operations Industry 186

Banking Exchange

JANUARY 26, 2022

ABA said the proposed program could make it easier for banks to fight fraud Compliance Duties Feature3 Feature BSA/AML Compliance Management Operational Risk Compliance/Regulatory Cyberfraud/ID Theft AML & Fraud.

Compliance 78

Compliance Fraud Operations Management 78

Perficient

DECEMBER 18, 2023

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. Operational Efficiency and Effectiveness Adopting regulatory risk and compliance practices is not merely a box-ticking exercise. This ensures a seamless and compliant global operation.

Regulation 473

Regulation Compliance Exercises Guidelines 473

PYMNTS

SEPTEMBER 15, 2020

The world needs a FinTech operating system.”. Fraud is a real risk when handing over the (tangible) plastic, said Poovala, especially when fraudsters lift the card data and then use that information to buy goods and services online. The world doesn’t need another bank,” Poovala told Webster.

System 258

System Operations Fintech Taxes 258

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. For more information about the solution, click here. EMEA PR Manager. T +44 (0)7552 865009.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

FEBRUARY 17, 2017

In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company. companies rely on Skyward to manage drone operations, improve safety and lower operating costs. According to Verizon, outside of the U.S.,

Operations 100

Operations Portland Management Analytics 100

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

Bank Innovation

MARCH 10, 2017

In fact, it is so high on their priority list, that 28% said they would give up wine forever if that would guarantee protection of their financial information. It’s not news that data privacy is a top priority for consumers when it comes to financial.

social media 191

social media Data Operations Online 191

CFPB Monitor

OCTOBER 25, 2021

In just his first full week as CFPB Director, the CFPB sent orders to six technology platforms offering payment services directing them to provide information to the Bureau. However, in light of the breadth of the information requested, it would not be surprising for the recipients of the orders to seek additional time to respond.

Technology 78

Technology Payments Data cryptocurrency 78

PYMNTS

JANUARY 24, 2018

Refrigerators are very good at keeping food fresh and cold, but they do not provide much information about the products stored inside. Armed with information, the app is able to deliver notifications at 9:00 P.M. Armed with information, the app is able to deliver notifications at 9:00 P.M. Enter Chefling Inc. ,

Branding 121

Branding social media Samsung Software 121

PYMNTS

JANUARY 25, 2019

Visit our News and Trends section for more information on the impact of PSD2. More than 3,200 GDPR breaches were logged within the first seven months after the regulation went into effect, which means the open data flow it supports may need to come with better fraud protections sooner rather than late. PSD2 And The Future Of Travel Payments.

Operations 195

Operations Regulation Data Trends 195

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

Bank Innovation

NOVEMBER 15, 2018

Voice banking -- operating one's bank account by voice -- is a hot topic in the industry today, but many questions remain. Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that resides in Echo smart speakers as well as a growing array of other devices. One problem is […].

Data 150

Data Capital Operations Industry 150

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 93

Operations System Groups Technology 93

PYMNTS

AUGUST 18, 2020

“By working with TradeLens, YILPORT Holding will accelerate the digitization of global trade for importers and exporters across our network,” YILPORT Holding Chief Information Officer Mark Wootton said.

blockchain 142

blockchain Operations Bitcoin cryptocurrency 142

PYMNTS

APRIL 2, 2018

CNBC, citing Equifax, said a “small percentage” of letters went out with incorrect personal information. consumers whose partial driver’s license information had been taken and that we would notify these newly identified U.S. Over the weekend, one person received a letter from Equifax which had the correct address but incorrect name.

Leadership 119

Leadership Data Analysis Operations 119

PYMNTS

JULY 18, 2018

Chef’d , a the meal-kit operator, has halted its business operations after using up all its cash and failing to line up more of it. While it was able to ink deals with large food companies and diet plans, it was tough to run the operation — and thus the cash burn rate. They are definitely having growing pains,” he said. “It

Operations 100

Operations Chicago Analysis Branding 100

PYMNTS

MARCH 29, 2018

In an effort to comply with local laws and regulations in China, Airbnb has announced that it will start sharing information with the Chinese government in a few days. As of March 30, the home sharing company may give Chinese authorities information “without further notice,” BuzzFeed reported.

Regulation 101

Regulation Regional Policies Capital 101

FICO

JULY 15, 2021

But thanks to nonprofit organizations like Operation HOPE — which collaborates with financial institutions, corporations, municipal agencies, and community organizations to help low- and mid-income Americans achieve financial independence — credit education is available more widely than ever before. Operation HOPE Global Board of Advisors.

Operations 98

Operations National Community Analytics 98

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

Perficient

JULY 14, 2020

You have an application you use daily for operations, but when it comes down to clicking that submit button, you need that extra piece of information to make your decision. Here are some examples: Navigating Salesforce and need information about how many insurance policies a specific client has with you?

Data 461

Data Regional System Meeting 461

PYMNTS

NOVEMBER 17, 2017

The Chinese internet’s rapid buildout during the last 20 years is proof that it allows the free flow of ideas and information, Ren claimed. “We In recent months, China has been reinforcing internet censorship by introducing new cyber policies that make it more difficult for foreign tech firms to operate in the country.

Online 100

Online New York United States Regulation 100