Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

Innovation 174

Innovation Capital Security United States 174

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Back in the U.S.,

social media 109

social media Big Data Capital Data 109

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Last month, AscendantFX Capital, a Toronto-based cross-border payments provider, joined the SWIFT network. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions.

Innovation 348

Innovation Payments Compliance Data 348

Celent Banking

MAY 20, 2016

Left to right, Martin Pilecky, CIO Alfa-Bank; Gary McAlum, SVP Enterprise Security Group USAA; Joan McGowan, Senior Analyst Celent). ALFA-BANK: SETS THE STANDARDS FOR BASEL COMPLIANCE IN RUSSIA. USAA: SECURITY SELFIE, NATIVE FINGERPRINT, AND VOICE SIGNATURE. Measurable, quantitative business results achieved.

Security 113

Security Fraud Case Study Risk Management 113

PYMNTS

DECEMBER 28, 2020

Recent regulatory crackdowns on Ant Group, Alibaba and Tencent show that China’s former tech darlings have run afoul with all-powerful political and regulatory regime in China. Reuters quoted Ant as saying in a statement that it would establish a “rectification” working group and fully implement the government’s requirements. “In

US 168

US Regulation Groups System 168

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. The lack of security cooperation between bankers and regulators also comes up for blame. Fraud is a Top Worry. Growing Awareness.

America 102

America Security Miami Conference 102

PYMNTS

OCTOBER 5, 2020

Compliance automation startup Strike Graph has launched with a $3.9 Madrona Venture Group led the round with participation from Amplify.LA, Revolution’s Rise of the Rest Seed Fund and Green D Ventures, according to the release. The new capital will help Strike Graph hire more engineering and cybersecurity positions.

Compliance 141

Compliance Survey Security Fraud 141

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

SEPTEMBER 29, 2020

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. A division of Partner Colorado Credit Union, Safe Harbor provides a compliance-based banking program for cannabis businesses. The Chicago-based FinTech announced on Tuesday (Sept.

Colorado 158

Colorado Chicago Fintech Innovation 158

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Led by Swisscom Ventures and Edenred Capital Partners, the funding saw participation from existing backers Lakestar and Notion Capital as well, while Columbia Lake Partners also provided funds.

Capital 169

Capital California Analytics Management 169

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 182

Fintech Lending Software Compliance 182

Insights on Business

APRIL 21, 2017

Adapting quickly and efficiently to the compliance obligations brought about by changing regulations is a business requirement that demands urgent attention. Estimates suggest the financial services industry spends over $270 billion every year on regulatory compliance.

Technology 156

Technology Compliance Regulation Training 156

PYMNTS

FEBRUARY 20, 2020

“allows insurance companies to maintain a frictionless payment experience across all stakeholder groups, including policyholders, vendors, agents and service providers,” the release stated. The One Inc. founder and CEO. “Our founder and CEO.

Industry 140

Industry Resources Compliance US 140

PYMNTS

MAY 29, 2019

“We’ve had 10 years of enormous regulation,” UBS Group Chief Compliance and Governance Officer Markus Ronner said, according to the report. “That has tied up enormous resources.”

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

Regulation 108

Regulation Washington Virginia Seattle 108

PYMNTS

MARCH 24, 2017

There weren’t any groundbreaking rounds — $4 million here, $10 million there — but a B2B consulting and research company secured an impressive $56 million from backers. The company said this week it raised $4 million from Kalaari Capital along with existing backers Rakesh and Rajesh Jhunjhunwala. Find out who. B2B Payments.

Capital 109

Capital Management Security Groups 109

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

APRIL 6, 2020

Today, the company continues to operate in compliance with an asset cap imposed by its regulator due to actions of past leadership. While we are actively working to create balance sheet capacity to lend, we are limited in our ongoing ability to use our strong capital and liquidity position to extend additional credit.

Resources 162

Resources Leadership Regulation Compliance 162

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

AUGUST 17, 2018

Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. The funding, provided by Bowery Capital and Blue Bear Capital, along with several angel investors, will bolster the company’s focus on maintenance, repair and operations (MRO) procurement solutions.

Capital 100

Capital blockchain Security Groups 100

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

Gonzobanker

NOVEMBER 22, 2022

Barnum’s classic quote about a sucker being born every minute has reigned with the likes of Softbank, Tiger Management, Sequoia Capital, Kevin “Mr. The crazy group of bad actors that infiltrated the DeFi world in these early stages will not be the ultimate leaders as DeFi mainstreams. And once again, P.T.

Regulation 173

Regulation blockchain Marketing Strategy 173

PYMNTS

MARCH 22, 2016

Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses using blockchain are doing so within the confines of the law. and secured $2 million in funding in 2014. via our contacts and knowledge of U.S.

blockchain 100

blockchain Tools Compliance Security 100

PYMNTS

APRIL 29, 2019

Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 million settlement with the Securities and Exchange Commission (SEC) after the SEC charged the company with accounting fraud and internal control violations. “We million after filing false financial statements and lying to auditors.

Fraud 108

Fraud Indianapolis New York Operations 108

Jeff For Banks

AUGUST 29, 2012

First, FIs experienced pressure in their investment portfolios, purchasing Fannie Mae preferred''s and other FIs trust preferred securities. Many banks had to replenish lost capital. Absent or in concurrence with government-injected capital, FIs sought fresh capital. Have you over-reached with your compliance program?

Capital 82

Capital Retail Pennsylvania Community 82

Celent Banking

JUNE 12, 2017

Eighty years ago a group of major airlines implemented the first commercial cards. Contributing to the adoption of commercial cards are four forces: working capital optimisation, regulatory and compliance, fraud and control, and technology and innovation.

Cards 100

Cards Payments Capital Analytics 100

Abrigo

MARCH 25, 2020

The Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, includes $349 billion for an expanded SBA 7(a) loan program that would allow currently certified SBA 7(a) lenders to quickly offer loans of up to $10 million to businesses with up to 500 employees, as well as to non-profits, self-employed individuals, and contractors.

Lending 195

Lending Capital Compliance Survey 195

PYMNTS

NOVEMBER 22, 2018

New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. Now comes the tipping point, said the industry group, where the ATMs may simply shuttered, ostensibly as the aforementioned compliance costs are too great to bear. “

ATM 187

ATM Payments Compliance Google 187

PYMNTS

FEBRUARY 15, 2019

challenger banking market saw a flurry of venture capital (VC) activity this week, as FinTech firms aim to disrupt small business (SMB) financial services (FinServ). Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations.

Capital 122

Capital cryptocurrency Operations Financial Technology 122

CB Insights

OCTOBER 21, 2018

Top VC Investor: Ribbit Capital is the top investor in Fintech 250 companies, having backed companies on the list including new 2018 unicorns, Nubank, Revolut, and PolicyBazaar as well as returning Fintech 250 companies Robinhood , Wealthfront , Gusto , Coinbase , Cross River Bank , and Upgrade. Ant Financial Services Group.

Fintech 78

Fintech Lending Capital Analytics 78

Bank Innovation

MARCH 15, 2016

Emirates NBD, one of the Middle East’s largest banking groups, is hosting a hackathon in partnership with Berlin-based Open Bank Project in London, the reported fintech capital of the world, April 15 to 17. The deadline for early applications is today. The event takes place at Level39 in Canary Wharf — where Read More.

Fintech 150

Fintech Capital Groups Report 150

PYMNTS

JULY 27, 2018

The round also included the participation of existing Flywire investors Bain Capital Ventures and F-Prime Capital. For one reason, the payments company has developed a specific offering and expertise in B2B payments that intrigued the group of investors, CEO Mike Massaro told Karen Webster after the news broke.

Capital 102

Capital United States Payments Groups 102

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. Custody, wallet, & digital asset services: These companies provide crypto asset storage, security, management, and investment products for institutions and consumers. download our best of blockchain research.

blockchain 101

blockchain Company cryptocurrency Examples 101

PYMNTS

OCTOBER 18, 2019

At its most basic level, the key ingredients that are pilfered and then used to construct synthetic identities – where individuals’ personal information is stitched together to fabricate new identities — are tied to data that is given to us at birth: Social Security numbers. And capital, of course, is always in the sights of the bad guys.

Fraud 106

Fraud Security social media Tools 106

CFPB Monitor

NOVEMBER 29, 2021

The 2022 clarity promised by the “roadmap” presumably will supersede, once issued, Interpretive Letter #1179, which appears to function as a general stop-gap until the 2022 publications hopefully provide more detail regarding exactly how banks can attain compliance. Federal banking regulators have been busy in this space.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

CB Insights

DECEMBER 17, 2020

Primary markets represent the first stage of the capital markets cycle, where securities are created and issued for the first time, such as during an IPO, when issuing equity, or when raising money through bonds. But issuing securities can be a daunting process. But issuing securities can be a daunting process.

blockchain 76

blockchain Security Marketing Bitcoin 76