PYMNTS

OCTOBER 5, 2020

Compliance automation startup Strike Graph has launched with a $3.9 The new capital will help Strike Graph hire more engineering and cybersecurity positions. million seed funding round, according to a press release. Chief financial officers (CFOs) have been having a tough time amid the pandemic.

Compliance 141

Compliance Survey Security Fraud 141

Abrigo

MAY 19, 2023

As our annual loan review survey pointed out, loan review units have a severe workforce shortage at both the junior and senior levels. The annual loan review survey showed that schooling has most likely not interfered with loan reviewers’ education because departments lack funds to expend on loan reviewer training.

Training 195

Training Lending Risk Management Guidelines 195

FICO

APRIL 29, 2022

With any change, fraud comes hand-in-hand. All these evolutions mean a changing landscape for retail fraud and scam trends. The article also talks about how, unlike credit card and debit card fraud losses, fraudulent activity and losses through Zelle leave customers and often the banks themselves unable to recoup funds.

Fraud 52

Fraud Retail Payments cryptocurrency 52

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

DECEMBER 2, 2021

Two years ago, more bankers surveyed for that report named core deposit growth as their greatest challenge than any other issue. The challenge with the influx of capital is that most financial institutions don’t know how much of the money at their institutions will hang around – or for how long. Fraud Prevention. Learn More.

Conference 195

Conference San Antonio Lending Fraud 195

PYMNTS

JUNE 15, 2018

In addition, corporate clients will be able to apply for working capital loans and make vendor and salary payments. In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

DECEMBER 14, 2018

News came earlier in the month that several federal agencies have come out — together — in support of banks embracing innovation in their compliance efforts. Banks will not be penalized if they do not embrace new ways of battling fraud with new tech — meaning they can still adhere to the status quo.

Compliance 148

Compliance Innovation FDIC Examples 148

PYMNTS

JULY 4, 2018

Those included the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under anti-money laundering regulations. And a recent survey showed that cybersecurity is the biggest worry for companies, especially since few of them feel prepared to handle an attack.

Survey 101

Survey Risk Management Compliance Security 101

PYMNTS

MAY 22, 2018

The bill also gives regulators more discretion in deciding when to require stress tests of capital adequacy for banks with between $100 billion and $250 billion in assets in the event of another crisis,” according to a summary of the bill in MarketWatch. As of late Tuesday afternoon, the bill, which has passed the U.S.

Regulation 100

Regulation Regional Community Innovation 100

PYMNTS

JANUARY 19, 2017

Identify fraud and compliance management, like KYC and AML, are also high-value propositions for the tool. From product development through underwriting, pricing, payment and collections, claims, back-office functions and risk capital, distributed ledger technology could have a hand in all phases of the insurance space.

blockchain 100

blockchain Industry Tools Survey 100

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences. Its latest survey of small U.S.

Big Data 100

Big Data Analytics Data Survey 100

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Leading the challenges for bankers responding to this year’s survey are increasing loans (56.1%) and increasing earnings (54%). What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

MAY 12, 2017

In fact, an estimated ~79 percent of businesses continue to use wire transfers to settle payments, according to a survey conducted by the Association of Financial Professionals. However, doing so meant building banking relationships in foreign markets — something that would have cost the upstart precious time and startup capital.

Payments 109

Payments Compliance Guidelines Comparison 109

PYMNTS

SEPTEMBER 26, 2016

Last fall, Capgemini released a report, “ Privacy Please: Why Retailers Need to Rethink Personalization ,” which showed that 93 percent of more than 220,000 consumers surveyed expressed serious doubts over retailers’ abilities to protect consumer data in the event of a cyberattack.

Report 100

Report Payments blockchain Security 100

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 2, 2018

There were also warnings that a “patchwork” of privacy laws across various states would hurt businesses, as well as concerns that compliance costs could also do harm. While the executives at the hearing late last month agreed that a federal privacy law is necessary, they disagreed on issues such as how it should be created and enforced.

Data 189

Data Online Google social media 189

PYMNTS

AUGUST 7, 2020

Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. A recent survey revealed that 93 percent of United Kingdom gaming compliance managers anticipate growing numbers of chargebacks and fraud as the pandemic prods consumers to access online services.

Online 222

Online System Fraud Video 222

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Now that’s what you call a change of momentum. What a year.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JUNE 12, 2018

.” Again, traditionally, time-tracking processes are often manual and paper-based, leaving the door wide open for payroll fraud, errors and conflict when compensation disputes arise. There are regulatory implications for these seemingly straight-forward processes, from maintaining compliance to safety mandates, to labor laws.

Fraud 131

Fraud Industry Innovation Technology 131

PYMNTS

MAY 3, 2016

From payments security and PCI compliance to frictionless commerce and cross-border considerations, the move to facilitate omnichannel payments is much easier said than done. “At While the path to omnichannel varies drastically from merchant to merchant, it seems as though the end results are positive.

Fraud 100

Fraud Retail Compliance Survey 100

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Take the survey today and find out how your concerns compare with others in the industry. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JULY 3, 2019

A recent report by the Healthcare Financial Management Association, citing research by Levvel Research, found 36 percent of invoices received by hospitals are paper (while 35 percent are emailed), and 27 percent of survey respondents aren’t using any kind of AP automation solution.

Cards 115

Cards Data Compliance Security 115

PYMNTS

JULY 23, 2018

The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Lingering Fraud Risk . Switch, Inc.,

blockchain 108

blockchain Cards Study Seattle 108

PYMNTS

JANUARY 31, 2017

“As the market and regulatory environments have evolved in recent years, active treasury management has emerged as a best practice that is integral to operational efficiency, regulatory compliance and, for those who manage it effectively, an additional source of alpha.”.

Strategy 100

Strategy Management Regulation Analytics 100

PYMNTS

JULY 11, 2017

Its Global Survey on Trade Finance, which surveyed financial institutions across 98 countries, found that 61 percent of banks say they face greater demand for trade finance than they can supply. It will grow to be very exciting in the coming years.”.

Analytics 109

Analytics Risk Management Fintech Data 109

CB Insights

JULY 23, 2020

Many companies that have already returned to work are using apps and daily health surveys to screen employees before arrival. The company is employing its own Work.com solution, through which employees take a 5-question “Daily Wellness Check-In” survey, to ensure safety. It can also be used to track worker compliance.

Meeting 101

Meeting Tools Company Survey 101

Fintech Labs Insights

JULY 22, 2015

For developers, our SDK’s open up a whole world of possibilities to not only minimize fraud but also remove annoying friction such as False Rejects. gives you the ability to extract actionable information from your audio and video to make better decisions, confirm and validate compliance, and understand your media.

San Francisco 12

San Francisco Video Fintech Data 12

CB Insights

FEBRUARY 8, 2018

It is a vehicle to perpetrate fraud.”. Yet at the same time, according to a survey by The International Securities Association, 55% of companies polled are monitoring, researching, or developing solutions on top of blockchain. Raising money through venture capital is an arduous process. Fundraising. And I hope it does.

blockchain 78

blockchain Bitcoin cryptocurrency Security 78