Perficient

FEBRUARY 2, 2024

Our Expertise Perficient launched its Risk and Regulatory CoE in October 2023 to proactively address compliance issues. The focus is on critical areas of potential vulnerability such as capital, liquidity, and operational capabilities, essential for effective resolution.

Compliance 221

Compliance Software Trends Strategy 221

PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. That's a rolling ATM.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

FEBRUARY 12, 2020

Fenergo , a Dublin-based FinTech startup that helps other banking organizations deal with regulatory compliance, onboarding and “lifecycle management,” has raised $80 million and has a valuation of $800 million, according to a report. This round is reportedly one of the larger ones completed for an Irish FinTech.

Compliance 150

Compliance Fintech Customer Experience Industry 150

PYMNTS

JANUARY 6, 2020

In today’s top news, China is facing a “capital winter” of venture funding slowdown, the U.S. Chinese Tech Sector Faces Capital Crunch. China is facing a “capital winter” — a significant funding slowdown and drop in fundraising activities — after a venture capital boom and fall. billion ($2.5

Capital 131

Capital Las Vegas US California 131

PYMNTS

NOVEMBER 1, 2018

Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 percent stake, Hudson Executive Capital is now Deutsche Bank’s fourth largest shareholder behind HNA, the Chinese conglomerate that has a 7.6 With the 3.1

Capital 134

Capital Compliance Report Strategy 134

Abrigo

AUGUST 3, 2015

According to a recent survey by the American Bankers Association (ABA), more than 46 percent of respondents had to reduce offerings for loan or deposit accounts, or other services, at their bank because of regulatory compliance burdens. The news isn’t all bad for community banks, though.

Compliance 150

Compliance Community Bank Community Survey 150

American Banker

NOVEMBER 20, 2023

The financial services industry has run TV ads during football games and organized lobbying visits by small-business owners in its fight against the Basel III endgame plan to raise capital requirements for larger lenders. The tactics are beginning to show signs of working.

Capital 53

Capital Industry Policies Compliance 53

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. For this reason, ComplyAdvantage is out to disrupt the market by delivering on solutions that does more than just check the compliance box. The Data Differentiator.

Compliance 111

Compliance Data Austin Management 111

American Banker

NOVEMBER 10, 2023

The banking industry's campaign against proposed capital requirements has reached a new dimension, with a group called Center Forward buying a Sunday Night Football ad arguing that the proposals would raise consumer costs.

Capital 52

Capital Groups Industry Policies 52

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. They help manage and shape strategy in volatile economic and industry conditions. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio).

Report 195

Report Risk Management Capital Data 195

Insights on Business

FEBRUARY 25, 2019

In the Financial Services industry, a range of businesses including banks, insurance companies, securities trading organizations, and capital market clients are required to comply with regulations that include information governance and stringent records retention requirements.

Meeting 87

Meeting Industry Compliance Policies 87

Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We’re certainly seeing an upsurge in activity.

Regulation 150

Regulation Industry Trends Compliance 150

CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M The investor in this round was Toba Capital. The post Hyperproof, An Enterprise Governance, Compliance, And Risk Management Technology Provider, Raises $16.5M in a Series A. HOW’S THE COMPANY PERFORMING?

Risk Management 63

Risk Management Compliance Management Technology 63

Accenture

MARCH 23, 2017

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) I wanted to explore how investment trends in this area are impacting the industry and how the ecosystem can work with the regulator. We’re certainly seeing an upsurge in activity.

Regulation 150

Regulation Industry Trends Compliance 150

American Banker

SEPTEMBER 13, 2023

A joint letter from the banking and financial trade groups is the latest effort by the industry and its representatives in Washington to push back against the Basel III capital proposals, which would raise capital significantly for the largest banks.

Industry 41

Industry Washington Capital Groups 41

CB Insights

APRIL 5, 2022

Signals include the number of startups, the amount of capital invested, and the relative maturity of startups in the space, among others. Industry leader activity — Assesses the degree of tech market involvement among established industry players. Want the full expert post? Become a CB Insights customer.

Compliance 36

Compliance Fraud Technology Payments 36

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.

social media 109

social media Big Data Capital Data 109

American Banker

APRIL 18, 2024

Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.

Capital 28

Capital Industry Policies Compliance 28

Abrigo

FEBRUARY 16, 2024

Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Introduction The importance of efficient credit administration Credit departments play a crucial role in the financial industry, and it is important to ensure that they are functioning at their best.

Training 195

Training Risk Management Analysis Policies 195

CFPB Monitor

APRIL 25, 2022

As we will discuss, the timing of the Consent Order indicates that even when regulators permit crypto activities by financial institutions, they remain cautious, particularly as to BSA/AML compliance. The preliminary approval had requirements, including that Anchorage enter into an Operating Agreement with the OCC. The Consent Order.

Compliance 78

Compliance Digital Banking Training South Dakota 78

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. percent, which outpaced industry loan growth of 3.6

Compliance 101

Compliance Regulation Community Bank Community 101

Bank Innovation

APRIL 3, 2020

The Small Business Administration’s Paycheck Protection Program went live today, and confusion reigned. Despite shelter-in-place mandates for better than 80% of Americans, some banks urged prospective borrowers to come into branches to fill out an application.

Industry 259

Industry Video Capital Compliance 259

PYMNTS

FEBRUARY 13, 2020

Wells Fargo Strategic Capital (WFSC) is backing the London-based blockchain analysis firm Elliptic with a $5 million investment, bringing the startup’s Series B round to $28 million, Elliptic announced in a press release on Thursday (Feb. WFSC joins existing investors SBI Group and Santander InnoVentures.

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

American Banker

AUGUST 1, 2023

The Federal Reserve is leading the push for broader, more standardized risk-capital rules, yet some of its board members, other regulators and industry groups are uncomfortable with the proposal.

Capital 36

Capital Regulation Groups Industry 36

PYMNTS

SEPTEMBER 22, 2020

According to Blue Star Capital , its investee company SatoshiPay has launched a new B2B payments platform to speed up cross-border payments, Proactive reported. That will let approved banks and businesses join a compliance network and share KYC/KYB details.

Payments 248

Payments blockchain Maine Compliance 248

American Banker

JANUARY 12, 2024

A coalition of financial trade groups issued a joint comment letter asserting that the federal bank regulators' proposed capital rule lacked justification and evidence required by the Administrative Procedure Act, threatening legal action if regulators don't delay and significantly amend the rule.

Industry 62

Industry Regulation Capital Groups 62

PYMNTS

SEPTEMBER 16, 2016

” Existing Ripple investors include GV (Google Ventures), Andreessen Horowitz, IDG Capital Partners and Jerry Yang’s AME Cloud Ventures. . “We’re thrilled to have these world-class investors joining forces with us to help make this vision a reality.” Ripple has received a total of over $93 million in funding.

Capital 100

Capital blockchain Google Compliance 100

American Banker

JANUARY 19, 2024

The leader of the Financial Services Forum takes issue with a recent BankThink article that challenged the industry's claims about proposed rules for implementing the Basel endgame capital requirements.

Industry 28

Industry Capital Compliance Regulation 28

PYMNTS

SEPTEMBER 17, 2020

“We are innovating the underlying infrastructure that financial institutions use to make transactions run even faster end-to-end, and at the same time further reducing costs for the community through industry-shared services in the areas of cyber, fraud and compliance," said Javier Pérez-Tasso , SWIFT’s CEO, in a statement. “We

Innovation 348

Innovation Payments Compliance Data 348

American Banker

APRIL 16, 2024

The Basel III proposals are a major step in completing the implementation of global agreements to ensure large banking organizations are appropriately capitalized to better withstand all manner of economic disruption.

Industry 32

Industry Capital Risk Management Compliance 32

American Banker

DECEMBER 8, 2023

The decision means the six largest Canadian banks will enter 2024 with the requirement to hold Common Equity Tier 1 capital of at least 11.5% of risk-weighted assets.

Capital 36

Capital Industry Compliance Regulation 36

Insights on Business

OCTOBER 16, 2018

From a revenue perspective, today’s global banking industry is characterized by low return on equity (ROE), slow growth, and the imposition of strong cost controls. Customer behaviors are changing, making it necessary to find new ways of interacting and creating engagement.

Capital 157

Capital Tools System blockchain 157

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. Brussels is the second most diverse city in the world and is known for being a multinational, multilingual and multi-industry region. ­­­­. Belgium is on the path toward a digital revolution.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

DECEMBER 11, 2019

The company has worked to legitimize itself by remaining compliant with California’s strict cannabis laws, a move that will let companies in the industry worry less about capital requirements and more about managing compliance. WAYV is partnering with Hypur, a Scottsdale-based payment and banking company, on the initiative.

California 135

California Compliance Capital Taxes 135

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