Bank Innovation

DECEMBER 13, 2016

It’s almost time to wave goodbye to 2016. This was a big year for fintech, with new regulations, new startups, and new technologies displayed across events like Sibos and Money20/20, making it clear that the progress of fintech can’t really be stopped. But how will it continue? That’s the real Read More.

Fintech 150

Fintech Regulation Technology Regional 150

PYMNTS

OCTOBER 10, 2016

Banks are reportedly growing more concerned over what could be a “global shortage” of trade finance, according to new research from the ICC 2016 Global Survey on Trade Finance. Regional and global banks are more likely to report a lack of trade financing, compared to global banks, the ICC added. ”

Survey 100

Survey Regulation Maine Regional 100

PYMNTS

MARCH 12, 2018

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning discovery : Just 17 enterprises in Scotland were adhering to the rules. The EU, U.K. B2B FinTech hasn’t ignored the issue. “This is about habit – and it may take a generation to change.”

Payments 108

Payments Regulation Compliance Analysis 108

PYMNTS

FEBRUARY 10, 2017

The region is also home to an active and fast-growing startup scene. Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

Capital 100

Capital Regional Innovation Fintech 100

FICO

NOVEMBER 2, 2017

A new report from LexisNexis on Future Financial Crime Risks (September 2017) highlights the stress felt by UK banks around financial crime compliance. Given the rapid change in financial compliance regulations, it’s easy to see why the 170 financial crime professionals surveyed felt overwhelmed. Do you have any advice?

Compliance 53

Compliance Regulation Data Management 53

PYMNTS

JUNE 5, 2017

Welcome to the inaugural issue of the Regulatory Tracker , where from here on out we’ll keep an eye on the rules and regulations that govern who pays what, who pays who, and where, and when. For Google, fines loom , as antitrust regulators in the European Union are targeting the firm’s shopping service.

Regulation 100

Regulation Google Survey Regional 100

PYMNTS

FEBRUARY 13, 2017

With old rules evolving into new ones, geographic boundaries and their own set of regulations are just some of the many complexities that add friction to the process of international business. Bullock discussed the compliance challenges of various payment scheme regulations that cross-border merchants often need to confront.

Compliance 100

Compliance Taxes Regulation Operations 100

PYMNTS

NOVEMBER 14, 2016

The T&E firm said those funds, spent between 2014 and 2016, signal a new sense of confidence businesses have in the on-demand economy, with SMEs leading adoption rates as they look for more flexible corporate travel offerings and as hotel rates continue to rise. Brexit vote.

San Francisco 100

San Francisco Survey Data Security 100

PYMNTS

FEBRUARY 28, 2018

That includes anti-money laundering (AML) compliance, know your customer (KYC), fraud mitigation, marketing, privacy, document review, Office of Foreign Assets Control (OFAC) compliance, reporting and more. Jewel Paymentech extended one of its existing products, One Sentry Marketplace, in 2016 to help address these issues.

blockchain 100

blockchain System cryptocurrency Regional 100

William Mills

SEPTEMBER 9, 2016

William Mills Agency will be live blogging at Finovate Fall 2016. I believe SEC regulations require a company to go public if they have more than 500 shareholders. Demo: Customer Insight Dashboard for Regional Manager who can view their forward looking metrics such as customer attrition and look forward several quarters.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

NOVEMBER 1, 2017

DraftKings ’ chief international officer, Jeffrey Haas, recently spoke with PYMNTS about the challenges involved in introducing fantasy sports to new markets, and which sports generate the most interest in different global regions. percent between 2016 and 2020. in early 2016, and has since launched in several other global markets.

Payments 102

Payments Regional America Marketing 102

PYMNTS

JANUARY 31, 2019

The con man pleaded guilty to misrepresenting his company in 2016, then later withdrew his plea and disappeared while on pre-trial release. They’re on the hook with regulators should something go wrong, after all. attorney Ryan Raybould. The stakes are high, Couture said.

Tennessee 108

Tennessee social media Fraud Guidelines 108

CFPB Monitor

MARCH 24, 2016

The CFPB’s press release describes the recommendations as “an extensive set of voluntary best practices” and, in his prepared remarks , Director Cordray stated that the recommendations “are not binding regulations; they are simply suggestions we urge institutions to consider in serving their customers.”

Report 60

Report Compliance Regulation Training 60

PYMNTS

OCTOBER 1, 2018

Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The build-back from the revelations of 2016 was a bit more of a lengthy process. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

PYMNTS

JUNE 12, 2017

Globalization brings new opportunities for businesses but gives rise to new complexities, including cross-border payments, compliance, risk mitigation and accounting. As more banks and bank accounts must be managed and new currencies and regulations come into play, the complexity faced by corporates with their payments operations grows.”.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

APRIL 6, 2017

While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate. local time after Same Day ACH Phase One rolled out in September 2016.

Resources 100

Resources Training Payments Regulation 100

Fintech Labs Insights

OCTOBER 4, 2016

A look at the companies demoing live At FinovateAsia on November 8, 2016 in Hong Kong. AML/CTF and KYC compliance with global regulations. AML/CTF and KYC compliance with global regulations. Gerald Soo, Regional Sales and Client Services Manager. Register today. Why it’s great. Presenters.

Regional 16

Regional Compliance Mobile Tools 16

PYMNTS

SEPTEMBER 22, 2017

That’s nearly a billion dollars in funding, comparing favorably with the 45 percent logged in 2016. The slowdown in new businesses being founded in the 1980s and 90s was largely quarantined to certain segments – especially retail, where corner stores and regional brands were falling to larger national chains.

US 108

US Apple Innovation Regulation 108

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. found most admit they have seen “questionable” practices related to compliance.

Compliance 109

Compliance Survey Resources Regulation 109

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions.

Online 98

Online Company Retail Payments 98

FICO

MARCH 10, 2022

The majority prefer text (43%) while another 17% prefer email, despite security flaws described as early as 2016. In my last post, I noted that: When we asked customers how they prefer to verify payments, nearly 80% globally said they prefer to use digital channels including text messaging, emails, bank apps, and 3rd party messaging services.

Fraud 52

Fraud Survey Cards Customer Experience 52

Fintech Labs Insights

DECEMBER 15, 2016

“Security, compliance, and fraud prevention are key issues for investors, consumers, regulators, and employees in the financial services industry,” Socure CEO and co-founder Sunil Madhu said. Pictured: Sunil Madhu, Socure CEO and co-founder, demonstrating Perceive at FinovateFall 2015 in New York.

Capital 12

Capital New York Compliance Millennials 12

CB Insights

OCTOBER 2, 2018

Similarly, Amazon Web Services (AWS) has a contract with the US government called Secret Region to serve workloads across the full range of government data classifications, including Top Secret documents. Effective data security features are critical to securing this information.

Security 58

Security Data US Google 58

Fintech Labs Insights

MARCH 14, 2017

.” In addition to improving the experience for the consumer, the company’s solutions also help FIs and fintechs grow while remaining compliant with privacy and data protection regulations. Anticipates 2016 revenues of 10 million euros. ” Company Facts. Headquartered in Trondheim, Norway. Founded in January 2007.

Video 15

Video Regional Regulation Security 15

CB Insights

MAY 8, 2018

While recreational drones are strictly prohibited in active forest fire regions, they have proved useful when operated by the appropriate teams. However, access to modern medicine has been rather difficult in many rural regions around the world. Regulation requires certain standards to minimize the risk of environmental damage.

Exercises 78

Exercises Data Technology Industry 78

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

PYMNTS

JANUARY 30, 2018

But it’s a significant milestone nonetheless that federal regulators will be required to pay suppliers via eInvoice by the end of fiscal year (FY) 2018, meaning 19 million invoices government agencies pay every year will have to be electronic. government reportedly spent $461 billion on federal procurement contracts in FY 2016 alone.

US 106

US Minneapolis Regional America 106

CB Insights

JUNE 11, 2018

In recent months, the Chinese government has increasingly eased regulations on autonomous vehicles in a number of cities to accelerate the path to commercialization. Didi purchased Uber’s China business in August 2016 and has expanded its reach across the globe, entering markets in Mexico, Brazil, Taiwan, and Japan.

Google 71

Google Industry Software Data 71

CB Insights

DECEMBER 7, 2017

As of September 2016, that share dropped to 21%. In 2016, non-bank lenders like Quicken Loans accounted for six of the top 10. Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies.

Millennials 69

Millennials Lending United States Technology 69

CB Insights

MAY 23, 2019

Zenefits skirts compliance regulations. Zenefits skirts compliance regulations. In addition, regulators claimed that as many as 80% of insurance plans sold in Washington state by Zenefits reps were sold illegally by unlicensed brokers. Table of contents. The Honest Company not so honest about labeling.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

AUGUST 4, 2017

That framework will allow point of interaction(POI) implementers to evaluate whether their QR generation and interpretation are in compliance with specifications. In November 2016, India accelerated its path toward becoming a cashless society by rapidly demonetizing and removing 86 percent of all cash from its economy.

Payments 124

Payments Mobile United States Technology 124

Fintech Labs Insights

MAY 17, 2017

Named to Planet Compliance’s RegTech Top 100 Power List this spring, nCino partnered with North State Bank in April and teamed up with Valley National Bank in March to power commercial loan operations at both institutions. Snell: nCino’s client portfolio consists of more than 130 financial institutions in North America and Europe.

System 14

System Operations North Carolina Compliance 14

Fintech Labs Insights

MAY 17, 2017

Named to Planet Compliance’s RegTech Top 100 Power List this spring, nCino partnered with North State Bank in April and teamed up with Valley National Bank in March to power commercial loan operations at both institutions. Snell: nCino’s client portfolio consists of more than 130 financial institutions in North America and Europe.

System 13

System Operations North Carolina Compliance 13

CB Insights

SEPTEMBER 10, 2018

The FDA is focused on clearly defining and regulating “software-as-a-medical-device,” especially in the light of recent rapid advances in AI. Called “Health Records,” the feature is an extension of what AI healthcare startup Gliimpse was working on before it was acquired by Apple in 2016. Min Wanli, Alibaba Cloud.

Industry 28

Industry Trends Apple Study 28

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare.

Utah 60

Utah System Community Marketing 60