PYMNTS

MARCH 22, 2016

Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law. We have already been able to expand operations to the U.S. The company is based in the U.K.

blockchain 100

blockchain Tools Compliance Security 100

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

MARCH 21, 2017

According to reports out this morning in The Guardian, some of Britain’s best-known banks have processed around $740 million that came care of a massive money laundering operation. The scale of the operation has been the most striking detail for investigators. banks processed over $63.7m. banks and 373 via U.S.

Compliance 109

Compliance Training Operations America 109

PYMNTS

DECEMBER 7, 2018

Meng used a Hong Kong company known as Skycom Tech to do business with telecom companies based in Iran from 2009 to 2014. The presentation appeared to claim that Huawei operated in Iran in compliance with the sanctions. The New York Times reported that Ms. Meng met with an executive from one of the U.S.

Fraud 116

Fraud United States New York Compliance 116

Jack Henry

JULY 2, 2014

The stakes of this game are rising, however, because of increased sophistication of cyber-attacks, regulatory scrutiny around how banks are managing IT environments, and the growing number of governing entities with their fingers in the compliance pie.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

CFPB Monitor

OCTOBER 4, 2022

The servicers were directed to review all TLF applications denied since 2014 to identify improperly denied applications and remediate harmed consumers to ensure they received the full benefits to which they were entitled, including any refunds for excess payments or accrued interest. Transcript withholding.

Policies 146

Policies Compliance Payments Training 146

PYMNTS

OCTOBER 27, 2016

Making instant and secure money transfers any time of day, shamelessly skipping out on the lines in front of brick-and-mortar agents. “We We want to be known as the WhatsApp of Money,” said Brion Nazzaro, group compliance director at WorldRemit. And like a family does, WorldRemit has grown.

Mobile 100

Mobile Denver Compliance National 100

PYMNTS

JANUARY 26, 2017

The good news is that risk and compliance solutions work. A recent G2 whitepaper investigated the routes cybercriminals have taken and the strategies they now use in response to increased security oversight in the traditional online payments space. G2 found a criminal network operating illegal online pharmacies in Europe.

Bitcoin 100

Bitcoin cryptocurrency Compliance Branding 100

Abrigo

JANUARY 21, 2020

Compliance and anti-money laundering (AML) is going green… or is it? It would be impossible to talk about cannabis banking in 2019 without mentioning the Secure and Fair Enforcement Banking Act of 2019 (SAFE Act). Despite Federal ambiguity, State Regulators are beginning to clearly define their stances on cannabis banking.

United States 243

United States New York Regulation DC 243

PYMNTS

JULY 3, 2018

Everyone thinks of win rates differently, and people use their metrics differently,” said Pallavi Kuppa-Apte, Head of Business Operations, Chargehound. Obstacles such as regulatory challenges, compliance with standards like GDPR and trade concerns were among the top reasons that companies were unable — or chose not — to go global.

National 101

National Charlotte Regional Operations 101

PYMNTS

DECEMBER 10, 2016

Laplanche is Renaud Laplanche, Lending Club’s colorful and highly quotable founder and first CEO, and he had that effect on a lot of people during the eight years between Lending Club’s IPO in 2014 and its beginnings. It is obviously bad when you lose that lighthouse individual that really helps stand up a new group of operators.

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

JULY 17, 2018

In reality, he said, the idea that counterfeit card fraud is 2014’s security problem lacks a fair amount of nuance. Over that period of time, a consistent compliance system was created through the time spent verifying that counterfeit cards are, in fact, counterfeit. The Push For Scale.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

SEPTEMBER 12, 2017

Acquiring HTC would give Google strategic ownership of its mobile operating division and could help offset some of the strategic challenges the company’s mobile computing business could potentially face, according to one analyst. in 2014, has released a cheaper digital thermostat in order to stay competitive in the smart home market.

Google 122

Google Houston Florida Texas 122

NCR

JULY 25, 2016

While issues such as skimming are one problem that’s on the rise, another factor that’s causing major headaches for ATM operators is hackers gaining direct access to machines. The key security issues for ATMs. So what can ATM operators do to reduce these risks and prevent criminals from gaining access to their hardware?

ATM 40

ATM Software Security Fraud 40

PYMNTS

MARCH 23, 2016

Researchers at PwC found that, for the banks surveyed, they believe that 23 percent of their operations could take a hit as a result of FinTech innovation like blockchain. In 1995, Internet startups secured $250 million in venture capital; the equivalent to the early age of blockchain, 2014, has already seen $362 million.

blockchain 100

blockchain Fintech cryptocurrency Innovation 100

PYMNTS

JANUARY 2, 2017

Businesses kind of operate on that. PYMNTS sat down with Dunworth to discuss the cross-border payment hurdles slowing down business between American and Chinese merchants and how blockchain holds the key to providing a faster and secure solution to moving money around the globe. B2Bs’ need for speed.

Payments 105

Payments blockchain San Francisco Compliance 105

FICO

JUNE 22, 2017

billion in 2014. Increasingly in today’s age, terrorist organizations and dangerous criminals finance their operations by laundering money in global financial institutions, presenting a huge public policy problem for regulators and policymakers. This post originally appeared on the SIIA blog.

Tools 55

Tools Compliance Innovation social media 55

Abrigo

JANUARY 13, 2021

This article originally appeared in the ABA Banking Journal's Risk and Compliance January/February 2020 edition. . Department of Homeland Security, traffickers might use violence, fraud, manipulation, or false promises of well-paying jobs or romantic relationships to lure victims into some type of labor or commercial sexual act.

Training 195

Training Fraud National United States 195

Abrigo

JULY 23, 2021

Weapons of mass destruction (WMD) is defined by Homeland Security as a nuclear, radiological, chemical, biological, or other device that is intended to harm a large number of people. withdrawal Iran has reduced its compliance in five phases and now has exceeded limits on uranium enrichment agreed to in the JCPOA. Since the U.S.

National 195

National Training United States Regulation 195

NCR

JULY 28, 2016

Malware isn’t a new problem; the use of malicious software to gain access to sensitive data and private computer networks has been a significant security headache for decades. Recent Symantec figures revealed criminals created 430 million new pieces of malware last year, which was a 36 per cent increase from 2014.

Fraud 40

Fraud Software Security System 40

Banking 2020

MARCH 19, 2015

Launching a business in either arena means ploughing through a plethora of compliance mandates, all designed specifically to protect the customers of each. In both industries, and in most others, technologies are developed, adopted and discarded at lightning speed, and each has a serious impact on routine operations.

Regulation 40

Regulation America Compliance Industry 40

NCR

SEPTEMBER 7, 2016

As organizations within the sector expand the number of channels within which they operate, they must keep one step ahead of criminals looking to take advantage of any weak links. This figure was notably higher than the 44 per cent that reported the same in 2014, and 21 percentage points more than 2006 levels.

Fraud 40

Fraud Cards Study Software 40

PYMNTS

MAY 10, 2016

Even Jamie Dimon wrote in a 2014 letter to investors of the danger online lenders posed, a new class of innovator that was coming to “eat our lunch.”. These entities never had that and as much as people want to change the mechanism of modern financial operations, it doesn’t always play the way it looks like it should on paper.”.

Lending 100

Lending Capital Compliance Operations 100

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Since 2014, Seacoast has been on a buying spree acquiring 14 banks. Early into the game, its first banking as a service partnership dates to 2014. Acquisition of the Year: The No Time to Breathe Award. Congrats to a well-run acquiring machine!

Community 216

Community Fintech Industry Innovation 216

Jeff For Banks

FEBRUARY 21, 2015

Because branch staff are too busy with operational duties to go out into the community and pro-actively hunt for business. The bank security officer set me straight. Instead of adding staff and layering the cost onto an already burdened branch network (who pays for the compliance analyst you just hired?), Did I miss anything?

Training 60

Training Strategy Branch Strategies Management 60

Independent Banker

AUGUST 31, 2015

Today’s advanced technology provides new ways for ATMs to deliver a secure, enhanced customer experience, lower costs and increased revenues. Updating equipment also ensures your compliance with government and industry regulations. Retail-Banking Distribution, August 2014. (3) 2) mckinsey.com, The Future of S.

ATM 70

ATM Technology Branding Retail 70

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Sigma aims to streamline business operations. 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

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. So, Now What?

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

MAY 6, 2015

As we previously reported , for purposes of the rule an AMC is an entity that provides appraisal management services in connection with consumer credit transactions secured by a consumer’s principal dwelling or securitizations of those transactions to creditors or to secondary mortgage participants.

Company 60

Company Management National Exercises 60

Tech and Finance

JUNE 24, 2016

In the longer term, much depends on how those affect the ability of London-based Financial Institutions (FIs) to operate in the EU under ‘passporting’ arrangements. There are also questions over the future of trading and clearing infrastructures, particularly for euro-denominated securities. Uncertainty will affect projects in-flight.

Meeting 28

Meeting San Francisco New York Compliance 28

PYMNTS

DECEMBER 14, 2020

“We stand by our record of providing upfront information and clear controls, strong internal data governance, secure infrastructure, and above all, helpful products.”. Facebook and Google Could Face Large Fines With Potential Australian Legislation.

Google 132

Google social media Compliance Regulation 132

Fintech Labs Insights

DECEMBER 14, 2015

In an era when BYOD is not just a fad, but a need, CellTrust SecureLine helps businesses manage their enterprise’s mobility while keeping operations secure and compliant. The technology works similarly when sending and receiving text messages: Compliance. Facts: Founded: 2006. HQ: Scottsdale, AZ. Funding: $10.1

Compliance 12

Compliance New York Mobile Tools 12

PYMNTS

JANUARY 11, 2019

That was established in 2014 by that same court, and enables residents of the EU to ask search engines to remove links containing their personal information. That might not mean much to companies that are not based in the EU but, because of their global operations, must conform to the General Data Protection Regulation, or GDPR.

Google 191

Google Regulation Course California 191

CB Insights

MAY 8, 2018

The rise of security tokens as a distinct asset class. The SEC (Securities and Exchange Commission) thinks that most tokens are securities. In November 2017, SEC Chairman Jay Clayton said: “I have yet to see an ICO that doesn’t have a sufficient number of hallmarks of a security.” Venture activity. Corporate activity.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

AUGUST 5, 2019

Consumers worldwide appear increasingly receptive to subscription offerings, with a recent survey of those in 12 countries finding the share of adult respondents who have subscription services rose from 53 percent in 2014 to 71 percent in 2019.

Payments 115

Payments Compliance Operations System 115