article thumbnail

Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Other recent hires at the Libra Association have included Steve Bunnell as chief legal officer and Sterling Daines as chief compliance officer. At the time, he was serving as chief legal officer of HSBC.

article thumbnail

Financial Crime: Technology can Transform Compliance

FICO

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

article thumbnail

Prevention is the Key to Stopping Elder Financial Exploitation & Fraud

Abrigo

In what's now being referred to as the "Age Wave," ten thousand baby boomers will turn 65 every day until 2030, creating a larger pool of potential victims for fraudsters and scammers. Banking Cannabis – Finding More ROI in Your Compliance Department. Navigating Regulatory Haze: Banking Cannabis-Related Businesses and Managing Risk.

Fraud 195
article thumbnail

Citi On Simplifying Cross-Border Payments

PYMNTS

Disposable incomes have grown dramatically over the past several years, he remarked, and the middle class that spans countries across the globe is spending $25 trillion dollars annually and will spend an additional $30 trillion by 2030. China stands as the largest market, with marked growth seen in Africa, the rest of Asia and elsewhere.

Payments 128
article thumbnail

Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Instead, small businesses searched for “business development manager,” “data analyst” and “business analyst,” to name a few. “It McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

Taxes 179
article thumbnail

FICO World 2023 - Agenda Focuses on 3 Key Fraud Strategies

FICO

Fortunately managing APP fraud is an area of expertise for FICO. Looking as far ahead as 2030. Will organizations finally achieve true enterprise fraud management by 2030 and will this result in advancements on the sharing of fraud intelligence data?

Fraud 52