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Deep Dive: Digital ID Developments From Around The World

PYMNTS

A wide range of biometric solutions are being used to develop national identification systems around the world. Even though biometrics offer notable security advantages, they do come with risks. India began experimenting with the technology 10 years ago when it launched its national ID system, the Aadhaar program. A reported 3.6

Security 159
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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. It’s like the Social Security number in the U.S.,” Shetty explained.

Video 205
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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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EU Probe: Danske Ignored Russia’s Money Laundering Warnings

PYMNTS

The warnings were sent in 2007 and 2013, and the information stems from the outcome of an investigation by the European Banking Authority (EBA). Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported.

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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

Incidentally, your QE 1 to 3 programs ran for six years, accumulated three trillion dollars of securities, and pushed long term rates lower when your forward guidance could not do so. The National Association of Business Economics, or “NABE,” is almost as optimistic at close to 3%. The data as of late has continued to improve.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire. The tactic worked – in 2013, Gentle Monster’s oversized glasses were used to portray the main character of a huge Korean drama show.

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How to increase efficiency and minimize risk in the audit process using analytics

Abrigo

Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. According to a 2014 report by Cornerstone Research, allegations of accounting fraud surged 47 percent in securities class actions lawsuits in 2013. Securities and Exchange Commission (SEC) in the 2013-2014 fiscal year.

Analytics 150