PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Payments 113

Payments eBook Regional Study 113

PYMNTS

AUGUST 17, 2018

The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. Organizations’ C-Suites and boards of directors will have to invest in these tools, security experts will have to trust them and IT professionals will have to manage them. ”

Compliance 110

Compliance Regulation Tools Industry 110

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

DECEMBER 4, 2017

In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. Clutch warned that fines for non-compliance with these rules can reach into the millions of dollars. —54 Or, according to the latest data, many small businesses haven’t learned this lesson.

Security 136

Security Data Survey Regulation 136

PYMNTS

MARCH 18, 2016

” Innovation Project 2016 — where hundreds of leaders across the payments, commerce, tech and security ecosystems joined together under one roof with one mission: navigating the balance between the leading and the bleeding edge. “If you don’t disrupt yourself, someone else will.” So, how did Day 2 end up?

Innovation 100

Innovation Security Industry blockchain 100

Celent Banking

OCTOBER 5, 2016

While it has long been an important issue, it has catapulted to the top of the agenda of every member of SWIFT’s ecosystem given the recognition that the system is only as secure as its weakest node. PSD 2 is often thought of in a retail banking context, but its implications will carry over to the corporate side as well.

Boston 200

Boston Conference Course Strategy 200

PYMNTS

MARCH 18, 2019

Rethinking Security Strategies . Worldwide, banks paid out approximately $321 billion between 2009 and 2016, for example, because they failed to comply with money laundering, terrorist financing and other regulations. . Financial and Ethical Security Strategies. Expectations have been high so far.

Compliance 181

Compliance Regulation Chicago Tools 181

Bank Innovation

JUNE 23, 2016

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. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

ZootBlog

JANUARY 12, 2016

As a companion to our 2015: Year in Review post, we’ve synthesized some of the trends, challenges and opportunities shaping the financial industry in 2016. It will be interesting to see how banks continue the transition to a more customer-centric approach in 2016. Security in the financial industry is vital for all parties involved.

Industry 63

Industry Trends Customer Experience blockchain 63

Bank Innovation

APRIL 28, 2016

The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after a Read More.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

NOVEMBER 6, 2019

Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and regulatory banking compliance protocols built in, according to a report by American Banker.

Compliance 101

Compliance Groups America Security 101

Celent Banking

APRIL 18, 2016

Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Security, Fraud, and Risk Management. Celent recognized two companies as Model Bank Vendors for 2016: EdgeVerve Systems. Award Winners. Digital Banking Transformation. Citizens Bank, US. DenizBank, Turkey. Garanti Bank, Turkey. Santander, US. CBW Bank, US.

US 100

US Case Study Risk Management America 100

Payments Source

NOVEMBER 29, 2017

customers was taken in a 2016 security breach that hit 57 million riders and drivers globally and that the company kept secret from the public and authorities until recently. Uber Technologies Inc. said information from 2.7 million U.K.

Data 64

Data Security Technology Company 64

Celent Banking

OCTOBER 17, 2016

This year’s Sibos theme was “Transforming the Landscape”, organized around four themes: Banking, Compliance, Culture, and Securities. A selection of Sibos session recordings is available on the Sibos website. With my research focus of Corporate Banking, my discussions focused on three key topics.

blockchain 100

blockchain Conference Compliance Technology 100

Abrigo

JANUARY 3, 2024

As explained further below, financial institutions should comply with the 2016 regulatory definition of beneficial owners. One important aspect to reconcile between the 2016 CDD rule and the new final rule is the definition of the “control” prong. It also has a Small Entity Compliance Guide for BOI reporting. Beginning Feb.

Fraud 221

Fraud Regulation Report Compliance 221

PYMNTS

SEPTEMBER 29, 2020

Jumio said it plans to integrate Beam’s AML screening and transaction monitoring services into its KYX platform to help flag financial crime and streamline regulatory compliance. The Palo Alto-based firm on Tuesday (Sept. The announcement comes on the heels of Jumio’s Sept.

San Francisco 153

San Francisco Compliance Regulation cryptocurrency 153

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

PYMNTS

FEBRUARY 24, 2020

The country takes privacy, particularly financial privacy, seriously, passing its Cyber Security Law in 2016, followed by the Personal Information Security Specifications in 2018 and the MLPS 2.0 Banks are familiar with upgrades to their internal and local compliance standards, but China represents a different kind of challenge.

Regulation 160

Regulation Policies Data Compliance 160

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

Insights on Business

JULY 18, 2017

In 2016, more than 4 billion data records were stolen or lost, a 556% increase over 2015. Even for banks highly focused on security and regulatory compliance mandates, important data continues to be vulnerable to external and internal attackers. Over the past few five years alone, 9 billion records have been breached.

Data 123

Data Compliance Security System 123

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

DECEMBER 26, 2018

The Securities and Exchange Commission and various state regulators have been investigating more than 90 cryptocurrency cases in which investors lost money. Morgan Stanley Fined By FINRA For Compliance Lapses. Crypto Scam Victims Unlikely To Get Their Money Back. India Targets eCommerce Sites With New Rules.

Compliance 108

Compliance cryptocurrency Regulation Security 108

FICO

JUNE 30, 2016

Aggregation and effective use of this data are becoming key to meeting new compliance challenges, not to mention an opportunity to derive additional business value. The final CECL standard was issued on June 17, 2016. It will be effective in 2020 for Securities and Exchange Commission registrants, and in 2021 for all others.

Compliance 45

Compliance Management Data Risk Management 45

ZootBlog

JANUARY 14, 2016

Over the past several years as banks focused on staying in compliance with myriad new regulations, innovation slowed—nearly to a standstill. In 2016 equilibrium will start to take place as the financial industry embraces the tremendous potential technology holds for them and innovation finds its way back. Getting back to our roots.

Innovation 73

Innovation Industry blockchain Customer Experience 73

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

FICO

JULY 31, 2019

These steps can help businesses in the US and other countries not only meet regulatory compliance requirements but ensure they understand and can manage the risk of their vendor and partner networks. Would there be compliance exposure in the event of a breach at the supplier? Obtain evidence of ongoing compliance with standards (e.g.,

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Data 195

Data Risk Management Resources Survey 195

NCR

DECEMBER 28, 2015

But 2016 is here, so let’s go for it. To be clear, the benefits are beyond obvious: The entire process is extremely convenient, highly secure and ridiculously easy. In 2016, there’s not going to be one technology that replaces all others, and the market won’t see a sudden spike while traditional forms of payment get discarded.

Apple 40

Apple Mobile Technology Security 40

PYMNTS

JULY 17, 2019

The second Payment Services Directive ( PSD2 ) groundwork laid out in 2016 is about to come to fruition in a few months – Sept. The cost of compliance has also been a potential barrier for many merchants, which has motivated some to partner with third parties to meet compliance regulations. 14, 2019, to be exact. To some degree.

Retail 162

Retail User Experience Compliance Regulation 162

Abrigo

APRIL 20, 2016

With the pressures of changing regulations and data security continuing to increase, banks and credit unions must remain vigilant when it comes to their data. Ensuring that data is of high quality, accessible and secure is key to keeping up with this changing environment. Only 31 percent said they were archiving loan level detail.

Data 150

Data Compliance Regulation Security 150

PYMNTS

NOVEMBER 15, 2019

Under Armour CEO Kevin Plank has responded to allegations that he borrowed business from quarters in the future to mask slowing demand for the company’s offerings in 2016, according to a report by CNBC. Plank, who is stepping down as CEO on Jan. President and Chief Operating Officer Patrik Frisk is going to become the new CEO.

Compliance 101

Compliance Security Report Retail 101

Chris Skinner

APRIL 3, 2017

I recently was talking about how blockchain is great for IslamTech, as Islamic financial instruments have different degrees of compliance with Sharia Law, dependent upon the Imams who authorise the product. We seem to have lost a lot of buzz on blockchain this year, even thought it’s still buzzing away as much as ever before.

blockchain 263

blockchain Compliance Strategy Technology 263

PYMNTS

DECEMBER 14, 2016

In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016. Security, compliance and fraud prevention are key issues for investors, consumers, regulators and employees in the financial services industry,” said Sunil Madhu, CEO and cofounder of Socure.

Fraud 100

Fraud Compliance Capital Leadership 100

PYMNTS

NOVEMBER 4, 2016

Tripwire, a provider of security and compliance solutions for enterprises and industrial organizations, announced Thursday (Nov. 3) a new study that shows retail IT professionals were overconfident in their ability to collect data needed to identify and stop a cyberattack.

Retail 100

Retail Study Survey Security 100

PYMNTS

JANUARY 25, 2018

BELLIN’s partnership with Kantox follows a previous collaboration with Accuity , a compliance solutions provider, to integrate compliance services into treasury management operations.

Management 100

Management Risk Management Compliance Operations 100

PYMNTS

JUNE 15, 2018

In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates. Reuters said the number of employees working on those compliance efforts now stands at more than 300, on average per financial institutions.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

APRIL 26, 2019

In the April Digital Consumer Onboarding Tracker , PYMNTS explores how players from around the world are taking new approaches to onboarding security. In the April edition of the Payments and the Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy.

Bitcoin 175

Bitcoin Apple Cards Compliance 175