PYMNTS

JULY 15, 2020

As many as 40,000 SAP users could be affected, according to data from security firm Onapsis. The vulnerability is tracked as CVE-2020-6287 and is in the SAP NetWeaver Application Server Java, the software stack under most SAP applications, according to ARN.

Security 141

Security System Software Data 141

Perficient

NOVEMBER 20, 2020

In my preparation for these certifications in late 2019 and early 2020 I found these learning paths to be a great start for exam prep and in some cases sufficient without additional resources. Demonstrate fundamental knowledge of Microsoft 365 security and compliance capabilities. MS-900 Microsoft 365 Fundamentals.

Course 332

Course Compliance Security Resources 332

Gonzobanker

JANUARY 17, 2020

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

CFPB Monitor

MAY 17, 2021

On May 6, 2021, the CFPB’s Office of Servicemember Affairs issued its eighth annual report summarizing its activities from January 1 through December 31, 2020. The Office also enhanced its flagship interactive financial educational program, titled “Misadventures in Money Management,” to add a specific military family learning module.

Report 78

Report Compliance Leadership Analysis 78

Abrigo

NOVEMBER 1, 2021

Takeaway 1 BSA and fraud functions have historically been siloed, and IT has been external to compliance. Bank Secrecy Act (BSA) and fraud functions have historically been siloed within financial institutions' structures in the compliance world. Similarly, IT security professionals generally do not have a compliance background.

Fraud 195

Fraud Video Training Compliance 195

PYMNTS

DECEMBER 2, 2020

He added that SWIFT’s gpi Instant targets four main issues: “speed, security, transparency and compliance.” through Lloyds are processed transparently and securely within seconds. The pilot is going live after several trial runs earlier in 2020 with Lloyds, Barclays, Commonwealth Bank of Australia, DBS, Wells Fargo and BBVA.

Groups 255

Groups Strategy Maine Security 255

Insights on Business

AUGUST 22, 2018

According to some studies, as many as 30,000 to 40,000 regulatory changes can occur in a given year, and they are projected to culminate into 300,000,000 pages of regulation by the end of 2020. Given these issues, it is critical that governance, risk and compliance (GRC) systems are leveraged to enhance this process.

Compliance 79

Compliance Innovation Technology Policies 79

FICO

JANUARY 7, 2021

Here are the 5 most popular 2020 posts on decision management. #1. Recovery is where we still are now, in mid-2020. Make superheroes of your business users: By putting the right tools in place, business users can quickly become self-sufficient in managing analytics, rules, and strategies.

Management 52

Management Analytics Strategy Data 52

Perficient

MARCH 3, 2021

The Covid-19 pandemic has accelerated multicloud adoption and research predicts that workloads primarily executed in cloud-based external environments will increase from 36% in 2020 to 63% in 2022. But a multicloud environment can create silos and expose a need to manage all that data. API management. Master data. Data privacy.

Data 309

Data Exercises Management Risk Management 309

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. ” Gappify will place itself front-and-center to some of those uncertainties, as it launches a new initiative to enable its current bot, Alan, to pass the CPA exam by 2020. .

Compliance 110

Compliance Regulation Tools Industry 110

PYMNTS

AUGUST 23, 2018

Facebook has removed its data security app from Apple ’s App Store because it violates Apple’s data collection policies. Apple’s new guidelines were created to ensure that user data is not abused, and the company has started the process of removing apps that aren’t in compliance with its updated rules.

Apple 100

Apple Security Guidelines social media 100

PYMNTS

NOVEMBER 26, 2019

BitBay has announced that monero (XMR) will no longer be tradeable starting in February 2020. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

Cisco

NOVEMBER 23, 2020

As we look back on 2020, the pandemic has proven to be a clear digitization accelerator—especially in areas critical to COVID-19 response. Managing safe migration to the cloud has never been more important. Meet the secure branch of the future. Manage video analytics intelligently. Manage video analytics intelligently.

Customer Experience 149

Customer Experience Analytics Video Resources 149

CFPB Monitor

MAY 11, 2020

On May 6, 2020, the CFPB issued an ECOA/Regulation B “Compliance Aid” containing three FAQs that clarify certain issues related to notification of action taken on Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loan applications. The Compliance Aid is available here.

Compliance 78

Compliance Regulation Data Security 78

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. It will be effective in 2020 for Securities and Exchange Commission registrants, and in 2021 for all others. So what specifically are all these acronyms?

Compliance 45

Compliance Management Data Risk Management 45

Cisco

NOVEMBER 1, 2022

Since its creation, the Cybersecurity Framework has continued to offer updates and guidance on best security practices. During the NYDFS cybersecurity investigation from January 2020 to July 2021, they found that more than 18.3 Exceptions should be rare, and if allowed, be tracked and managed. The solution?

Regulation 124

Regulation Security System New York 124

FICO

SEPTEMBER 23, 2020

We invite companies that are achieving outstanding success using analytics and decision management solutions from FICO to submit their nominations for the 2021 FICO® Decisions Awards. Nominations are due December 4, 2020, and winners will be announced January 22, 2021. by Nikhil Behl.

Conference 97

Conference Analytics Compliance Fraud 97

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

FICO

JANUARY 13, 2020

banking industry in the 2020. . The CFPB will issue its final debt collection rule in the fall of 2020. I predict we will see the final rule during the early portion of the 2020 NFL season. The FCC will issue updated interpretations of the Telephone Consumer Protection Act in 2020. I say Congress gets a deal done in 2020.

Policies 52

Policies Las Vegas FDIC Washington 52

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. payment schemes.

Community Bank 242

Community Bank Community Fintech Regional 242

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. What else made for the hottest reads in 2020 for fraud and financial crime? 4: Financial Crime Compliance Predictions 2020: More AI And Robots.

Fraud 52

Fraud Compliance Survey Google 52

Abrigo

MARCH 11, 2022

Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance. More regulations and guidance are refining the effects of the Anti-Money Laundering Act of 2020 (AMLA) , and the industry awaits clarification of the eight FinCEN priorities.

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” PYMNTS’ July 2020 Digital Identity Tracker® done in collaboration with Jumio , offers a variety of useful perspectives on, and solutions for, medical data theft as it mutates post-pandemic. They should.

Data 146

Data Compliance Regulation Meeting 146

Insights on Business

MAY 19, 2017

In the area of regulatory compliance, however, simply keeping up with the volume and variety of new and changing regulations is high on the priority list of virtually all organizations. The OPS 2017 event was presented by the Securities Industry and Financial Markets Association (SIFMA) and this year IBM was a Platinum sponsor.

Compliance 160

Compliance Analytics Regulation Training 160

Abrigo

FEBRUARY 25, 2022

Anti-Money Laundering Act (AMLA) of 2020 ?is Culture of compliance As the AMLA provides more and more clarification, it will be extremely important to have the support of your institution’s compliance program in 2022. Now that the? Fact Sheet ?clarifying This month, the U.S.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

AUGUST 8, 2021

An effective independent loan review system has always been critical for managing a financial institution’s credit risk and accurately estimating the allowance for loan and lease losses, or ALLL. 2020 Interagency Guidance. It also monitors compliance with applicable regulations and laws.

System 195

System Lending Policies Regulation 195

PYMNTS

SEPTEMBER 12, 2019

The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies. financial institutions (77 percent) for AML compliance.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

MARCH 2, 2020

After rumors of decline, CUs kicked off the roaring 2020s with higher metrics across the board – mortgage loans up by a staggering 81 percent, loan originations up almost 30 percent year over year, and non-real estate loans up by double digits. Seems that everybody likes credit unions—including cybercrooks.

California 130

California Fraud Pennsylvania Community 130

Abrigo

MARCH 7, 2022

Takeaway 2 Planning ahead and informing management of expected changes will help financial institutions adapt to anticipated rules and guidance. Office of Foreign Assets Control (OFAC) compliance should be a high focus as sanctions become more complex and require constant diligence. 2022 Regulatory Focus.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

APRIL 8, 2019

His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He He is also responsible for Mastercard’s franchise, corporate security, privacy, and global inclusion teams,” the statement reads. which focuses on managed healthcare. Mastercard hired Murphy in 2000.

National 122

National New York City New York Leadership 122

PYMNTS

MAY 4, 2020

In an interview with Bloomberg News on Sunday (May 3), Markus Braun said he won’t step down and vowed investors’ confidence will be restored following his implementation of a series of measures designed to improve compliance and control. Last week, investor Chris Hohn of TCI Fund Management Ltd., called on Braun to resign.

Compliance 160

Compliance Survey Course Operations 160

Insights on Business

JANUARY 8, 2019

As you all know, Moore’s law is reaching its limit, possibly as early as 2020. But what has this got to do with risk management I hear you ask? Well now this can exist as a 0 or a 1, as a 0 and 1 at the same time or any value in between with some probability. IBM 50Q: An IBM cryostat wired for a 50 qubit system.

Risk Management 107

Risk Management Management Course Big Data 107

CFPB Monitor

MARCH 9, 2020

On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.

Risk Management 78

Risk Management Data Management Compliance 78

PYMNTS

MARCH 23, 2020

The March 2020 Next-Gen AP Automation Tracker ® done in collaboration with Bottomline Technologies , contains a wealth of information and inspiration for treasury and finance executives faced with issues of reducing fraud and error, cutting costs and increasing payments accuracy across the board. But it all hinges on reliable data.

Fraud 130

Fraud Customer Experience Resources Compliance 130

Insights on Business

MARCH 26, 2018

At IBM Think, the premier business and technology conference, the main theme is “mankind + machine,” and during the Wednesday morning session with Ian Hurst and Sarah Diamond, IBM General Managers of Banking and Financial Markets, and Naresh Vyas, Royal Bank of Scotland Head of Solutions, that theme was on full display. Lastly, Ms.

User Experience 135

User Experience Compliance Maine Regulation 135

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

JULY 12, 2021

Proliferation finance Guidance on Proliferation Financing Risk Assessment and Mitigation was released on how to implement the October 2020 revisions to the FATF Standards requiring the assessment and mitigation of proliferation financial risks, particularly those related to weapons of mass destruction and its financing. While the U.S.

Training 195

Training Policies United States Report 195