PYMNTS

MAY 1, 2018

Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin. The Wall Street Journal reported that the inquiry is focused on the cryptocurrency Ethereum, which hasn’t been in the crosshairs of regulators as of yet.

Regulation 104

Regulation Bitcoin cryptocurrency Massachusetts 104

PYMNTS

NOVEMBER 4, 2019

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters. The IOSCO is made up of regulators across the globe, including Japan, Europe and the U.S. 4 statement.

Security 100

Security cryptocurrency Regulation Analysis 100

PYMNTS

NOVEMBER 4, 2019

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters. The IOSCO is made up of regulators across the globe, including Japan, Europe and the U.S. 4 statement.

Groups 101

Groups Security cryptocurrency Regulation 101

Cisco

DECEMBER 1, 2020

Every year, Cisco conducts the Security Outcomes Study (SOS), a fully anonymous survey of over 4,800 active IT, security, and privacy professionals from around the world. A plethora of data is collected and then Cisco publishes the annual SOS detailing the analysis.

Study 73

Study Security Maine Regional 73

Perficient

FEBRUARY 10, 2021

Solutions like telemedicine, secure patient data management platforms, and prediction software incorporating big data and IoT are becoming increasingly integral to the success of healthcare companies, and the pandemic is accelerating their development. Agile has been a part of the Perficient Latin America operational DNA from the beginning.

Software 294

Software Innovation Company America 294

Abrigo

JANUARY 24, 2024

These failures were primarily brought on by liquidity concerns around bank stability from severely decreased values of bank security portfolios and inadequate equity to absorb the hit. Find out what auditors and regulators will be looking for as it relates to CECL. Absolutely not, as the industry continues to be very well-capitalized.

FDIC 195

FDIC Regulation Strategy Data 195

PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization.

Retail 194

Retail Report Compliance Security 194

Cisco

JUNE 7, 2022

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. The subsequent regulatory activity in response to these events focused on operational risks. Cyber risk is the largest and fastest growing operational risk within financial services.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

PYMNTS

DECEMBER 5, 2018

The funding will be used to hire staff, “build out our infrastructure and secure the appropriate steps are taken to develop a regulated market for digital assets,” said ErisX Chief Executive Officer Thomas Chippas, according to Reuters. A new document shows that the U.S.

blockchain 166

blockchain Bitcoin cryptocurrency Analysis 166

PYMNTS

JUNE 18, 2020

This not only improves responsible gaming efforts by equipping customers with digital tools to help them monitor their gaming and set limits, but also provides operators, regulators, and law enforcement increased transparency into matters of anti-money laundering and monitoring of financial transactions,” the AGA said.

US 166

US Nevada Guidelines Regulation 166

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. billion — 91 percent — of those penalties, while European regulators demanded $1.7 imposed a full $23.52

Fraud 189

Fraud Fintech Compliance Regulation 189

Abrigo

JUNE 19, 2022

Takeaway 1 The ELE tool for CECL from the Fed is aimed at reducing the operational burden of implementation ahead of the 2023 deadline. . And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance.

Tools 195

Tools Regulation Data Resources 195

PYMNTS

JUNE 5, 2020

FIs and their regulators are clinging to that vision even as they work to answer complicated questions brought about by the virus surrounding online payments, security and data privacy. Regulators are addressing what data can be shared compliantly under the General Data Protection Regulation (GDPR), for example.

Regulation 131

Regulation Data Online Regional 131

PYMNTS

MARCH 18, 2019

As such, the regulators and FIs seeking to crack down on these activities have their work cut out for them. . Rethinking Security Strategies . FIs that fail to catch illicit activities miss opportunities to hamstring such operations and unwittingly help fund them. Financial and Ethical Security Strategies.

Compliance 181

Compliance Regulation Chicago Tools 181

PYMNTS

NOVEMBER 10, 2020

He spoke with PYMNTS about the rising challenge of organizations operating across borders with multiple bank accounts, as well as the potential use cases for open banking that are on their way to gaining widespread traction. Salt Edge operates a technology that can help these platforms do so. Bringing Order To Bank Data.

Data 189

Data Management Resources Operations 189

CFPB Monitor

FEBRUARY 3, 2022

Court of Appeals for the Third Circuit recently ruled that the application of Pennsylvania usury laws to vehicle-secured loans made to Pennsylvania residents who travel outside of Pennsylvania to obtain such loans does not violate the Commerce Clause of the U.S. Constitution. In TitleMax of Delaware, Inc. citations omitted.).

Pennsylvania 147

Pennsylvania Analysis Security Indiana 147

Bobsguide

OCTOBER 1, 2022

Prometeia and SIX have entered into a long-term collaboration that involves Prometeia providing SIX the calculation capabilities for a product risk indicator (PRI) for securities that do not fall into the scope of PRIIPs (Packaged Retail and Insurance-based Investment Products) regulation. billion and Group net profit of CHF 73.5

Analytics 97

Analytics Risk Management Management Regulation 97

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

PYMNTS

JULY 27, 2018

Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Nor was the SEC convinced investors would be protected from manipulation in the underlying asset class.

Bitcoin 104

Bitcoin social media Regulation cryptocurrency 104

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. New guidelines from the FCA that call for operational resilience in collections reinforce this point. The Expectation for Resilience.

Meeting 52

Meeting Operations Customer Experience Technology 52

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. Delivery Channels. Organizational Characteristics.

Tools 114

Tools Leadership Handbook Security 114

Abrigo

APRIL 7, 2022

Today’s financial marketplace is challenged by increasing regulation, high expectations for fast and mobile financial services, and new fintech companies joining the already competitive arena. If your institutions are a good match, the financial analysis of an acquisition is usually straightforward. BSA Rules and Regulation.

Compliance 195

Compliance Policies Fraud Analysis 195

PYMNTS

APRIL 26, 2018

is only weeks away from bringing its Global Data Protection Regulation (GDPR) rules into effect, and corporates are ill-prepared for the data security requirements, according to new research. Seventy-one percent said they are aware noncompliance could be detrimental to their companies’ international operations.

Data 148

Data Compliance Survey Regulation 148

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

Data 177

Data System Regulation Security 177

PYMNTS

NOVEMBER 17, 2020

HPD LendScape has announced that Allied Irish Bank (AIB), a client, has transitioned to HPD's cloud-hosted program for the company's receivables finance operations, according to a Monday (Nov. and Republic of Ireland receivables finance programs can now be accessed online, hosted securely by HPD LendScape. 16) press release.

Payments 144

Payments User Experience Software Risk Management 144

PYMNTS

FEBRUARY 26, 2019

In other news, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has partnered with the Swinburne University of Technology in Melbourne for a blockchain trial to see how the technology could automate the reporting of cross-border transactions. Reports said Coinbin has suffered estimated losses of ?29.3

Bitcoin 109

Bitcoin blockchain Report cryptocurrency 109

PYMNTS

JUNE 10, 2019

The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space. Some regulators aimed to mitigate that impact. As such, the FSB said it does not expect to introduce any new industry regulations.

Lending 100

Lending Capital Regulation Survey 100

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. From Burden To Opportunity.

Compliance 116

Compliance Data Regulation Analytics 116

Insights on Business

JANUARY 3, 2019

But while mobile devices give us great power and convenience, they also create new security and privacy challenges. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

APRIL 29, 2019

By leveraging innovation, we continue our strategic journey to drive digitization throughout our worldwide operations,” John Ahearn, global head of trade for Citi Treasury and Trade Solutions, said in the press release. “We It will expand its offering by using AI to automate more manual processes. managed services CIO, in the press release.

Analytics 123

Analytics Compliance Innovation Operations 123

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. In this month’s feature story, Hildesheim discusses how the analysis of social data can influence CUs’ marketing decisions. percent from the year prior.

Analytics 131

Analytics Video blockchain Training 131

PYMNTS

JANUARY 29, 2019

In the meantime, what should businesses that want to operate in that new world do besides sit around and wait? That said, it doesn’t mean payments and commerce operators interested in the sports betting space need to sit by helplessly as the political process takes it course, he explained. More about that in just a bit, though.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

MAY 25, 2018

They explored the advantages that financial services firms can tap into by moving some of their operations to the cloud. Different countries, regions and markets impose different rules on financial services, and regulators and lawmakers are becoming more focused on protecting the privacy rights and data security needs of consumers.

Regional 109

Regional Regulation Meeting Security 109

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

CB Insights

JUNE 27, 2018

In June, the SEC’s head of corporate finance William Hinman stated that ether, the cryptocurrency associated with the Ethereum network, is not a security. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. The SEC wants to regulate most tokens like securities.

Regulation 39

Regulation Bitcoin cryptocurrency blockchain 39

PYMNTS

OCTOBER 7, 2016

.” Financial institutions today are also struggling to connect the dots between all of the ways they use data analytics to mitigate risk and add value to their lending operations, added Horrocks. He offered the example of banks using analysis of financial statements to assess risk in the loan origination process.

Big Data 195

Big Data Data Analytics Lending 195

PYMNTS

SEPTEMBER 26, 2019

Advanced technology is raising the stakes of how CUs should operate, with members now demanding the instant payments and slick mobile interfaces that large banks and FinTechs have made standard,” the Tracker stated. Favorable Regulations. According to Biz2Credit CEO Rohit Arora, regulations capping credit union lending activity at 12.25

Lending 108

Lending Community Bank Community Fintech 108