Perficient

SEPTEMBER 16, 2022

Legal status – There is some question regarding the legal status of many crypto-assets – is it a security, is it fungible, is it a derivative – as well as the very limited legal precedent regarding how crypto-assets would be treated in varying contexts, including, for example, in bankruptcy court. Determining Legality. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. 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. Central Bank Digital Currency (CBDC) ).

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Would you like other articles like this in your inbox? Takeaway 1 Investment fraud schemes known as pig butchering scams contributed to $3.3

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. An example of a rising AI fraud scheme is using voice-to-text technology, such as Microsoft’s new Vall-E Text-to-Speech System.

Fraud 150

Fraud How To social media Security 150

Abrigo

OCTOBER 7, 2016

The benefits of utilizing e-commerce technology are readily apparent to us because they are personal: We find what we are looking for; we find it at a cheaper price; we can get it more quickly. Technology can also provide tangible benefits to a business, and in many cases, those benefits are financial. Assisting with compliance.

Technology 170

Technology Boston Software Study 170

Abrigo

AUGUST 25, 2015

Current technology has enabled auditors to analyze extensive amounts of financial data, allowing accounting professionals to more easily identify areas of risk. These technologies have also helped streamline time per audit and produced higher quality assurance. Is your firm taking advantage of these current technologies?

Technology 150

Technology Big Data Software Analysis 150

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

Abrigo

NOVEMBER 17, 2023

In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. The race against fraudsters involves a continuous outlay of cutting-edge technologies designed to safeguard against intrusion and theft. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

Perficient

APRIL 11, 2023

In the second blog, Client Remediation – Running the Program (Part 2 of 3) , we looked at ways of shortening the length of client remediation programs. Perficient has helped launch, review, and maintain RCSA programs at some of the largest banks in the United States.

Risk Management 275

Risk Management Tools Exercises United States 275

Abrigo

FEBRUARY 27, 2020

The Financial Crimes Enforcement Network (FinCEN), along with the Federal Banking Agencies, released a joint statement in December 2018 emphasizing financial institutions’ need to embrace technology to strengthen their BSA/AML programs. So, what exactly is machine learning in the context of AML compliance? Artificial Intelligence.

Innovation 195

Innovation Software United States Compliance 195

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

Data 535

Data Security Software Community 535

PYMNTS

JANUARY 26, 2018

Enterprise software company CapLinked is rolling out a way to secure data stored on blockchain platforms. Companies can deploy the protocol via application program interface (API), CapLinked explained in a blog post , to secure transactions and data surrounding key enterprise deals like M&A, licensing, financing and more.

blockchain 156

blockchain Software Security Data 156

Abrigo

JANUARY 8, 2020

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Top BSA/AML Blog Posts: Cannabis, SARs Topped the List in 2019. BSA Software.

Software 195

Software System Fraud Examples 195

Jeff For Banks

SEPTEMBER 29, 2012

Banks have been dragging their feet about blogging since the beginning, rather than embracing the opportunities it offers. They are consumed by anxious questions: • How do I protect customers and our technology infrastructure from phishing attacks to get customers to click links that lead to malware? What if we get negative comments?

social media 66

social media Compliance Guidelines Groups 66

PYMNTS

SEPTEMBER 26, 2018

In a company blog post , Circle said individuals and institutions can enroll in the service to deposit U.S. The blog post said that CENTRE expects to roll out more coins, and that Circle is the first of several forthcoming CENTRE members to launch USDC issuance. Circle announced on Wednesday (Sept.

blockchain 180

blockchain Compliance US Financial Technology 180

Insights on Business

JULY 30, 2019

In this series of blogs , we focus on four high-growth transformative technologies with emerging risk applications which can help banks and financial institutions complete and protect the enterprise. Advanced analytics and aggregation technology can be applied to dynamically aggregate data and conduct large scale, real time analysis.

Risk Management 70

Risk Management Analytics Technology Management 70

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. What does it mean to you? Feeling safe. Protected from threats.

Security 70

Security social media Video Policies 70

Perficient

MARCH 1, 2021

My hope is that we can eventually agree on three points around marketing and HIPAA-compliance: Your marketing calendar is not the best data source to tell us the right time to communicate to individual consumers about their health. Technology can provide insight into where the consumer is in their personal healthcare journey.

Marketing 508

Marketing Training Data US 508

Chris Skinner

APRIL 3, 2017

I tweeted this the other day, and it got a lot of likes, so I thought I’d make it today’s blog title. 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.

blockchain 263

blockchain Compliance Strategy Technology 263

Abrigo

AUGUST 6, 2021

Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information. Technology is an obstacle and an opportunity. Digitalization. Learn more.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

AUGUST 18, 2020

Embrace technology to help your department and institution successfully shift to remote work. Tap into technology to help prevent and detect financial crime. BSA/anti-money laundering (AML) programs should utilize technology to detect and prevent financial crime through digital payment channels. Learn more.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. The scam here is an inside job, making it inherently more elusive.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

SEPTEMBER 17, 2019

WORBLI explained that its technology enables blockchain developers to issue security tokens with a ruleset that “ensures that transfers follow a customizable framework, replacing or updating the ecosystem a token currently uses,” according to Coin Telegraph. There is no indication this trend will stop or reverse.

blockchain 108

blockchain Regulation Groups Bitcoin 108

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

PYMNTS

DECEMBER 11, 2020

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Procurement Partners.

Fintech 193

Fintech Capital Resources Technology 193

Abrigo

AUGUST 18, 2020

Embrace technology to help your department and institution successfully shift to remote work. Tap into technology to help prevent and detect financial crime. BSA/anti-money laundering (AML) programs should utilize technology to detect and prevent financial crime through digital payment channels. Learn more.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry. Sanctions Sanctions are fast becoming the most crucial focus of the year.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

NOVEMBER 19, 2019

Our goal is to create a hassle-free experience for all businesses who are building new technologies and business models. We want to thank our community and all businesses so far who have trusted Cashaa to solve their banking problems,” said Janina Lowisz, co-founder and VP of marketing, in a blog post. The addition of U.S.

blockchain 101

blockchain US Bitcoin United States 101

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The annual report features Sageworks as a credit risk software vendor alongside global technology and financial leaders SAS and UBS Delta. To learn more about Sageworks’ technologies visit, [link]. Loan Administration.

Software 150

Software Report United States Compliance 150

Cisco

MAY 10, 2022

Join us for our thousands of engaging business and technology sessions. Cisco Live delivers education and inspiration to technology innovators worldwide through large-scale in-person and digital events, as well as on-demand education. Find a full list of sessions by technology or technical level and registration information.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

Abrigo

DECEMBER 22, 2023

The most popular financial crime blogs in 2023 Check fraud, the SAFER Banking Act, and BSA exam topics were among Abrigo's top blogs on AML/CFT and fraud this year. Download now Takeaway 1 AML/CFT and fraud professionals often keep up to date on industry trends by reading Abrigo's blog.

Fraud 221

Fraud Training Compliance Trends 221

Abrigo

FEBRUARY 5, 2015

The IBM report recommends for institutions to invest in enterprise-wide compliance programs or solutions, and it purports that leading banks will use these investments to improve bank operations – not just comply. Blog Bank Credit Union'

Compliance 150

Compliance Software Community Bank Policies 150

William Mills

MAY 10, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. There is a growing focus on customer experience and related compliance issues. For Banks, Know Your Customer, is a critical security responsibility. Like a HELOC on your car but using a technology platform. Matt Decker (VP, Technology).

San Jose 40

San Jose Customer Experience Mobile social media 40

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. It’s all done through the smartphone, with bank-level security.

Video 40

Video Mobile social media Analytics 40

Chris Skinner

MARCH 27, 2017

For me, it’s clear as day: why would you bother to raise the massive amount of money required, obtain a banking license, build banking technology, and perform constant compliance activities if there was an easier way to achieve the same results? The underlying technology is only relevant if it impedes that ultimate goal.

User Experience 150

User Experience Technology Compliance Fintech 150

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. This is a very sophisticated fraud detection technology! ^SR.

Video 40

Video Lending social media Analytics 40