PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

Cards 270

Cards Payments Technology Compliance 270

PYMNTS

DECEMBER 10, 2020

As the world becomes increasingly digitized and more consumers embrace the speed and convenience of contactless purchases, Jim McCarthy , president of payment technology and innovation firm i2c , said banks have been left behind and should focus on what they do best — compliance. On the other hand, what they’re very good at is compliance.”.

Compliance 262

Compliance Innovation Apple Fintech 262

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Orchestrating A Solution.

Cards 207

Cards Data Compliance Payments 207

PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. Today’s corporations are happy to bid goodbye to these time-consuming, paper-based processes and turn to online, automated expense tracking products for their spend management needs.

Management 132

Management Cards Policies Compliance 132

PYMNTS

JANUARY 15, 2021

AspireHR teamed with SAP Concur for a reselling and system connection collaboration to bring the latter company’s travel, expense and invoice management offerings to additional North American companies, according to a Thursday (Jan. Brex card activity appears on Concur Expense automatically with the link. 14) announcement.

Management 140

Management Resources Compliance System 140

PYMNTS

DECEMBER 8, 2020

3DS2) compliance. Users have to offer something they have , something they know or something they are beyond their primary account number (PAN) to prove they legitimately own an account in a card-not-present (CNP) transaction under the 3DS2 protocol. Spreedly announced Tuesday (Dec.

Compliance 140

Compliance Payments Analysis Software 140

PYMNTS

NOVEMBER 9, 2016

Any organization, small or large, private or public, must handle the pressures of compliance. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS.

Compliance 174

Compliance Resources Data Management 174

Perficient

FEBRUARY 1, 2021

In today’s blog, we’ll discuss some of the latest and greatest features around Teams collaboration, meetings, calling, and security/compliance! Looking for an easy way to create, manage, and share approvals without even leaving Teams? Security and Compliance Updates. Adaptive Card Compliance Capabilities.

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Meeting Compliance Cards Security 322

Abrigo

JANUARY 22, 2024

These tips can help ensure compliance while improving your offerings. Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. These systems utilize cutting-edge technology to analyze patterns, anomalies, and unusual behavior.

Fraud 221

Fraud Training Risk Management Software 221

PYMNTS

NOVEMBER 18, 2020

The patient, McCarthy noted, has become the largest payor in the entire healthcare system. This means providers — doctors who likely went to medical school with the goal of treating patients — have been thrust into the unfortunate job of being accounts receivable (AR) managers and bill collectors. But it doesn’t have to get worse.

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Meeting Payments Cards System 312

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. More states require greater disclosure and control over what banks and card processors can charge.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

DECEMBER 30, 2019

The online software that companies rely on for expense management services often requires employees to manually scan in and enter their receipts. The annoyance of waiting for funds is just one small aspect of a larger problem in the expense management world. Expense Delays Can Seriously Stall Revenue .

System 131

System Report Management Tools 131

Abrigo

SEPTEMBER 7, 2023

Don’t ignore warnings and exceptions generated from the ACH system. If ACH system alerts are not being reviewed in a timely manner, speak up. In this case, the ACH system generated both exceptions and warnings with the former being the most serious and requiring manual intervention. Optimize your monitoring system.

Fraud 221

Fraud Training System Trends 221

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

Perficient

FEBRUARY 2, 2023

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 7, 2020

Adflex has unveiled a new initiative aimed at boosting supply chain merchants’ ability to accept card payments from buyers as eCommerce booms amid the coronavirus crisis. Established trading partners” benefit from an even more streamlined compliance process, with Adflex “authorised to securely store Cards on File (CoF).”.

Payments 163

Payments Compliance Cards Security 163

PYMNTS

JANUARY 22, 2020

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. Two major Austrian card issuers are also using the technology.

Security 214

Security Payments Cards Fraud 214

PYMNTS

MARCH 6, 2020

The big action in corporate spend management is travel and entertainment (T&E), where the 800-pound gorilla has long been Software-as-a-Service (SaaS) goliath, SAP Concur. billion expense management pie), a group of competitors has merged into a new company to challenge SAP’s category dominance. A Reliance on Compliance.

Compliance 130

Compliance Management Software System 130

Insights on Business

JUNE 28, 2018

A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance. So how is AI helping risk and compliance processes? Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements. That still sounds complicated, doesn’t it?

Compliance 70

Compliance Case Study Analysis Analytics 70

PYMNTS

JANUARY 20, 2017

Corporate payments firm AirPlus has just expanded its commercial card capabilities through a new acquisition. 19) said AirPlus International reached a deal to acquire corporate card issuer BCC Corporate, based in Belgium, which the firms expect to complete in the second quarter of the year. Reports Thursday (Jan.

Cards 100

Cards Regulation Compliance Payments 100

Abrigo

DECEMBER 22, 2023

Abrigo, a leading technology provider of software solutions for financial institutions, published more than 30 risk management articles on its industry-focused blog in 2023. Others explain common and emerging fraud trends that compliance staff are working to prevent. Here are Abrigo’s 10 top AML and fraud blogs in 2023.

Fraud 221

Fraud Training Compliance Trends 221

Perficient

FEBRUARY 12, 2021

Create and share a sample agenda, which can include, a meeting with Hiring Manager and the immediate team familiar with one another. Hiring Managers and HR Teams should coordinate a set time to check-in during Day 1 for a seamless transition. It doesn’t have to be fancy, just thoughtful and personal. Keep it simple.

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Conference Video Branding Meeting 340

South State Correspondent

JUNE 27, 2023

You can survive as long as you use the same ecosystem, such as your core system and digital banking platform. ” Each of these models is developed using a specific methodology to ensure consistency and interoperability between the messages and the systems that use them. Bank data is much the same.

System 195

System Data Examples Payments 195

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

MARCH 6, 2020

What some banks purport to be AI is often lumped together with other less sophisticated computational systems or, in some cases, not AI at all but the result of intensive human labor. Our study identifies six main computational systems in use by FIs today, including AI. Yet, these claims do not always rest on a solid foundation.

Data 204

Data Fraud Study Compliance 204

Payments Source

DECEMBER 4, 2018

Bluefin Payment Systems is rolling out a service to simplify compliance tasks for merchants that have adopted point-to-point encryption (P2PE) services to protect card data at every stage of the transaction.

Management 71

Management Compliance System Data 71

PYMNTS

MAY 17, 2017

Commercial cards are tricky. While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. But depending on how the commercial card is used, these figures vary greatly.

Cards 108

Cards Analysis Data Compliance 108

Celent Banking

JUNE 12, 2017

Eighty years ago a group of major airlines implemented the first commercial cards. Since then, cards have evolved from addressing expenses for travelling employees to eliminating friction across the business-to-business (B2B) financial supply chain.

Cards 100

Cards Payments Capital Analytics 100

PYMNTS

MARCH 20, 2019

By tying directly into SMB accounts, these smaller firms can avoid the cost of card acceptance. In an interview with PYMNTS, Central 1 Senior Product Manager Randy Johal said the movement toward eInvoicing helps solve a pain point in getting SMBs paid. The Larger Trends. desktops and laptops can break).

Management 139

Management Online Fintech Payments 139

PYMNTS

APRIL 13, 2017

But the company also knew that in order to provide the best security and best customer experience simultaneously, it would need to exceed the Payment Card Industry (PCI) Security Standards Council standards. With the primary goals of finding a solution with ease of integration, compliance tracking and quality monitoring control, WOW!

Meeting 101

Meeting Compliance Security System 101

Perficient

JANUARY 18, 2023

i.e., Customer credit card information. . Each type of data has different levels of difficulty to manage data : . Perficient’s financial services and data solutions teams have extensive experience building and supporting complex data governance and data lineage programs that ensure regulatory compliance (e.g.,

Regulation 275

Regulation Data Security Compliance 275

South State Correspondent

OCTOBER 25, 2023

This is why when the US banking system was founded, John Hancock and his contemporaries only used checks for large transfers. The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998.

Fraud 195

Fraud ATM Payments Management 195

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

MAY 1, 2018

One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 But while small businesses and their employees may have adopted electronic payments, the way SMBs manage data on those expenses has remained stuck in the past.

Management 100

Management Fintech Policies Data 100

PYMNTS

APRIL 1, 2016

Receivables management can be as much art as science. For banks, according to an e-book by payments processing firm FTNI, receivables management is a constant juggling act across corporate customers, and their own internal daily ebb and flow of cash flow.

Management 100

Management Compliance United States Payments 100

Abrigo

AUGUST 27, 2020

The pandemic does not give an institution an excuse for systemic deficiencies in their BSA/AML program, but a few technical findings during an examination does not mean that the regulator will go straight to a Matter Requiring Attention (MRA). Card Fraud. 5 Ways Your Transaction Monitoring System Can Detect COVID-19 Related Fraud.

Regulation 195

Regulation Fraud Compliance Trends 195

PYMNTS

SEPTEMBER 26, 2016

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 There were 7.5

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California Cards Sacramento Texas 100