Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management.

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

American Banker

AUGUST 14, 2020

Devon Bryan, who held similar jobs at KPMG and the Federal Reserve System, succeeds Brian DiPietro, who had been information security chief since 2016.

Security 45

Security System Risk Management Regional 45

PYMNTS

MAY 5, 2016

In fact, in Q1 2016, Chapter 11 filings from commercial companies actually fell 5 percent across the board. Just a few short months into 2016, several standbys have already filed the appropriate paperwork to try to drag themselves slowly back to the black, while others are heading towards complete liquidation. January — Wet Seal.

Retail 100

Retail Branding Denver Management 100

PYMNTS

JANUARY 16, 2018

“Over the 2017 holiday shopping season, merchants experienced significant growth in their digital channels, coupled with a substantial increase in fraud,” said Erika Dietrich, director of risk management for ACI Worldwide in a press release. Overall eCommerce spending on Thanksgiving Day was $2.87 billion, up 18.3

Fraud 145

Fraud Risk Management Online Customer Experience 145

CB Insights

MARCH 4, 2021

However, companies have spent far less on cyber insurance than on cybersecurity as a form of cyber risk management. Here’s What It Means For The Future Of Cloud Security & Insurance appeared first on CB Insights Research. First name. Company name. Phone number.

Google 74

Google Security Risk Management Trends 74

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. Together, the firms will target middle-market businesses looking to grow internationally.

Management 100

Management Risk Management Compliance Operations 100

PYMNTS

APRIL 7, 2016

TSYS will bring its risk management solutions that enable cardholders to monitor their accounts and prevent fraudulent activity with real-time access to communication options, including push notifications, SMS text messaging, voice messages and email. According to TSYS’ 2016 U.K.

Risk Management 100

Risk Management Study Fraud Survey 100

PYMNTS

JULY 26, 2017

And while that is a big goal, Taneja said that it’s all in a day’s work for the global card network that has operations in 200 countries, billions of cards issued across more than 16,000 banks, trillions of dollars in payments processed annually and a processing network — VisaNet — capable of securely processing 65,000 messages per second.

Data 102

Data Security Cards Regional 102

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

Abrigo

SEPTEMBER 22, 2021

PCD Disclosures Some disclosures are the same, but disclosures tied to PCD accounting and AFS debt securities are changing under CECL. Another change is that institutions recognize credit impairment of debt securities classified as assets held for sale (AFS) through an allowance for credit losses under CECL. Learn more. Learn more.

Security 195

Security Examples National Report 195

PYMNTS

NOVEMBER 7, 2018

Management also stated that the CLUB Certificate Program — defined as whole loan transactions structured as tradable pass-through securities — is nearing the $1 billion mark, after having been launched less than a year ago, in December of 2017. CEO Sanborn stated that that engagement with the Federal Trade Commission remains ongoing.

Taxes 159

Taxes Management Risk Management Capital 159

PYMNTS

SEPTEMBER 23, 2016

Securing IT infrastructure has reached a critical tipping point. According to new research, despite the fact that cybersecurity has captured the attention of the C-suite, many IT professionals still rate their companies very low when it comes to security practices and procedures. A survey of 287 U.S. A survey of 287 U.S.

Security 100

Security Survey Risk Management Management 100

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. The build-back from the revelations of 2016 was a bit more of a lengthy process.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

NOVEMBER 28, 2018

The contention is that transactions worth an estimated $225 billion, from 2007 and 2016, may have been used as part of criminal money laundering. The charges also involve the bank not integrating the Estonia branch with its risk management and control systems. The charges are related to the bank’s branch in Estonia.

Risk Management 108

Risk Management Training Regional Report 108

FICO

JUNE 14, 2018

Following a slide that lasted four and a half years, the FICO® Credit Health Index for Russia began climbing in April 2016 and climbed another 2 points last quarter, from 92 to 94. Then came the long fall, which was arrested in early 2016. Risk management is still very much a priority for Russian credit grantors.

Risk Management 40

Risk Management Cards Maine Management 40

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). This all is also a product of increased demand for seamless and secure digital products and services in an efficient time frame. Global digital payment volume is slated to hit a new high this year of 426.3

Report 100

Report Payments blockchain Security 100

PYMNTS

AUGUST 16, 2018

According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. Reducing Risk By Fighting Fraud. billion to it during the same year. billion, respectively.

Digital Banking 101

Digital Banking Fraud Data Tools 101

PYMNTS

MARCH 10, 2017

On the other hand, around that same time the IRS released data showing that phishing and malware incidents in the 2016 tax season increased by 400 percent. In response, the external digital risk management team recently released its research assessing dark web and criminal chatter related to tax fraud so far this year.

Taxes 144

Taxes Fraud Risk Management Data 144

Celent Banking

APRIL 18, 2016

Please join me on Thursday, April 21st at noon EST for an overview of the 2016 edition of our Top Trends in Corporate Banking report, which was published in March. Despite this investment, corporate banking has lagged in terms of adoption of innovative technologies.

Trends 100

Trends Innovation Fraud Meeting 100

PYMNTS

OCTOBER 10, 2018

But just as it was a disruptive force when it emerged in the mid-19th century, today the wire has secured a bit of attention as players like SWIFT move to promote faster, more efficient cross-border transfers. billion via business wire fraud between October 2013 and December 2016, the FBI calculated. Thieves attempted to steal $5.3

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 ezyCollect.

Lending 100

Lending Regulation Big Data Risk Management 100

BankUnderground

APRIL 27, 2021

Repo transactions are vital for facilitating the flow of cash and securities around the economy. In doing so, repo markets support a wide range of investment and risk management activities for banks and other financial market participants such as pension funds. Importance of repo markets. a) Moving quarterly averages. (b)

Marketing 106

Marketing Policies Regulation Analysis 106

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

Payments 100

Payments Survey Fraud Software 100

PYMNTS

JULY 2, 2020

The rise of card-not-present (CNP) transactions in the age of the coronavirus, said Magats, can be likened to India’s demonetization efforts that began in 2016 to rid the country of cash. COVID and Conversions. But as Magats said, it will take time to gain critical mass. “As

Cards 228

Cards Online Payments Course 228

PYMNTS

MAY 21, 2018

economy $109 billion in 2016 alone, linked to domestic and overseas activity. “The core issue,” explained Iram, “is that cyber-risk is highly dynamic, and there is a limit to how well historical data of old technology can predict future risk. Businesses that realize this, he added, are already one step ahead.

Company 101

Company Software Industry Technology 101

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today. However, this rapid evolution generates risks,” Rosengren said.

Boston 100

Boston Fintech Innovation Conference 100

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below. Expense Management. Enterprise Security. Treasury Management. OpenSesame.

Capital 100

Capital blockchain Management Lending 100

BankUnderground

JUNE 25, 2020

They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. Risks from barriers to cross-border flows of financial data. A McKinsey report in 2016 estimated that the flow of data across borders contributed $2.8 15 of this report ).

Data 105

Data Big Data Regulation Risk Management 105

Abrigo

OCTOBER 26, 2016

This post aims to share general best practices that can be used to optimize security through password management and also to share how bank and credit unions that leverage Sageworks’ web based solutions use enhanced password functionalities to highlight their institution’s commitment to information security.

Risk Management 150

Risk Management Management Lending Handbook 150

Fintech Labs Insights

DECEMBER 20, 2016

With 7,000 employees working in 22 countries in Europe, Asia, and the Americas, Arvato Financial Solutions will leverage NuData’s technology to “stop fraud, prevent attacks, and continuously verify good users,” said Arvato Financial Solutions President of Risk Management, Frank Schlein.

Security 12

Security Fraud Risk Management Technology 12

PYMNTS

MARCH 12, 2018

According to PwC, that’s a significant 18 percent increase from 2016 levels. 57 percent of survey respondents said annual or routine processes were what prompted risk assessments, while 48 percent noted it was part of their enterprise risk management strategy.

Fraud 135

Fraud Resources Survey Data 135

CB Insights

SEPTEMBER 22, 2017

We define regtech as companies that focus on simplifying and streamlining compliance, risk management, reporting, data management, regulatory processes, filings, and more. At the current run rate, deals in 2017 are on track to reach a new high of 148 (up slightly from 147 in 2016). ANNUAL FINANCING TRENDS.

Compliance 46

Compliance Trends Software Capital 46

Fintech Labs Insights

NOVEMBER 18, 2015

For weeks we’ve been sifting through applications from companies vying to present their latest at FinovateEurope on 9 & 10 of February 2016. EyeVerify’s Eyeprint ID seeks to solve the security and convenience issues inherent in passwords by using biometrics that image the blood vessels in the whites of the eye.

Company 12

Company Comparison Customer Experience Management 12

FICO

JUNE 30, 2016

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. Another lesson learned from the financial crisis was that bank’s IT and data architecture were inadequate to support the management of broad financial risks.

Compliance 45

Compliance Management Data Risk Management 45