PYMNTS

APRIL 8, 2019

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He

National 122

National New York City New York Leadership 122

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. Currently, the accompanying regulations have not been written, so what should community financial institutions take away from these priorities now? financial system and national security. Learn more.

Community 195

Community Regulation Training Policies 195

Abrigo

JANUARY 17, 2024

Takeaway 2 AML staff should recognize human trafficking red flags and know their customers well to help detect suspicious activity in their communities. One issue that hurts people and communities everywhere is human trafficking, and January is Human Trafficking Awareness Month.

Training 259

Training Community Software Texas 259

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

NOVEMBER 3, 2017

Small Business Administration (SBA) is reportedly working with local chambers of commerce, banks and technology companies to increase awareness of cybersecurity and data protection in the SMB community, reports said. Meanwhile, the House of Representatives passed a bill last month providing cybersecurity guidance to U.S.-based based SMBs.

Data 108

Data Compliance Security Regulation 108

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows.

Fraud 195

Fraud Training Trends Compliance 195

CFPB Monitor

OCTOBER 4, 2022

As of 2021, Lakeland’s Community Reinvestment Act (CRA) assessment area included majority-white areas of Essex, Somerset, and Union counties and excluded the portions of those counties that contain majority-Black and Hispanic neighborhoods.

New Jersey 147

New Jersey Lending Community National 147

PYMNTS

DECEMBER 5, 2019

It is said to be one of the quickest-growing blockchain clusters in the nation. The area is based in an internet industrial park called the Hainan Resort Software Community (RSC). The community also rolled out a “Secure, Sharing, Compliance+” action plan.

blockchain 132

blockchain Industry Bitcoin Community 132

PYMNTS

JULY 16, 2019

“One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot. A key concern we hear about from customers is security and compliance,” Narayan said.

Innovation 128

Innovation Compliance User Experience Cards 128

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

PYMNTS

FEBRUARY 8, 2019

The emails were reportedly only sent to certain anti-money laundering (AML) contacts, leading some to question if the National Credit Union Administration (NCUA)’s non-public data had been accessed, Krebs On Security reported. are said to have been sent emails that appeared to have come from other BSA officers.

FDIC 134

FDIC Community Community Bank National 134

PYMNTS

MARCH 2, 2020

The Desjardins Group incident sent a chill through the CU community. The February 2020 The Credit Union Tracker ® notes that many CUs already utilize the Automated Cybersecurity Examination Tool provided by the National Credit Union Administration ( NCUA ). CUs deal in trust, and it’s a winning strategy.

California 130

California Fraud Pennsylvania Community 130

PYMNTS

JANUARY 31, 2019

the Federal Reserve’s Faster Payments Task Force published a report last April urging the nation to review the current regulatory landscape. But information about a transaction can often start out limited, degrading as funds move in the cross-border journey, said Delingpole, making KYC and AML compliance all the more difficult.

Fraud 182

Fraud Payments Compliance Regulation 182

Abrigo

FEBRUARY 27, 2020

Mosier will oversee FinCEN’s work to protect the financial integrity and national security of the United States by advancing the agency’s engagement with new technologies within the financial industry. So, what exactly is machine learning in the context of AML compliance?

Innovation 195

Innovation Software United States Compliance 195

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Other, better security solutions should be considered collaboratively.

Groups 131

Groups Regulation Fraud Security 131

FICO

NOVEMBER 29, 2018

This issue was discussed at the NAGGL 2019, National Association of Government Guaranteed Lenders, conference where hundreds of SBA lenders gathered to learn about policy changes, SBA online application submission solutions, how to create successful sales reps, and other trends in the industry impacting SBA lenders. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lendio already secured its approval to facilitate PPP loans, the alternative lender said, noting that small businesses can now apply for a PPP loan on the Lendio platform.

Lending 245

Lending Fintech America Technology 245

PYMNTS

APRIL 18, 2019

The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. The regulatory and cybersecurity community’s general consensus on ransomware attacks is to advise victims not to pay their attacker. The average span of system downtime increased, too, to 7.3 ”

Bitcoin 143

Bitcoin cryptocurrency Compliance Community 143

Abrigo

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. See Part I: Implications for Community Financial Institutions. October 26 is now nationally recognized as BSA/AML Day.) Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. Criminalizing Terroism Financing.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. Even at the community level, U.S.

Training 195

Training Regulation System National 195

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. While hosts in rural communities are legally allowed to accept both Korean citizens and foreigners as guests, hosts in urban areas can only accept those from outside the country.

Payments 183

Payments User Experience Training Case Study 183

Abrigo

JUNE 19, 2022

And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. Are you using national data or local? They said it would not change examiner reviews of CECL allowance components.

Tools 195

Tools Regulation Data Resources 195

Independent Banker

SEPTEMBER 21, 2015

ICBA’s in-depth certification programs vault compliance officers to the highest standards. imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. By Ed Avis. I think that’s very important.”.

Compliance 70

Compliance Community Bank Community Training 70

PYMNTS

FEBRUARY 15, 2019

Krebs on Security noted that the emails sent to officials at the United States credit unions looked like they were being sent by other BSA officials. Wirecard CEO Markus Braun said there has been no evidence uncovered that points to misconduct from Wirecard’s compliance team, or separately by the firm Rajah & Tann.

Compliance 122

Compliance Fraud United States FDIC 122

PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. APIs serve as bridges connecting national or regional real-time payment rails. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

JULY 2, 2018

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa ‘s high interest rates, which caused the FinTech to scrap its initial public offering (IPO). Prospa signed the code alongside Spotcap, Capify, GetCapital, OnDeck and Moula, reports said.

Lending 100

Lending Comparison Fintech Compliance 100

Abrigo

JUNE 13, 2022

According to the National Council on Aging (NCOA), this heartless crime is most likely under-reported due to victims' embarrassment. The latest survey indicates that COVID-19 has impacted bank community engagement. However, banks continue their outreach to older customers, with 47% of respondents hosting community events.

Fraud 195

Fraud Training United States Survey 195

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. But for most community banks, building a trustworthy brand isn’t a conscious effort.

Community 139

Community Community Bank social media Security 139

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Compliance. Noreika, acting Comptroller of the Currency, in a statement.

Compliance 115

Compliance System Fintech Report 115

PYMNTS

JUNE 11, 2018

Change across the regulatory compliance landscape is de rigueur, and global in scope. In one of the latest salvos , know your customer, or KYC, efforts are being championed by the Asia Securities Industry and Financial Markets Association ( ASIFMA ). Closer to home, in the U.S.,

Regulation 100

Regulation Community Bank Lending Industry 100

Abrigo

AUGUST 6, 2019

At the recent NYU Law Program on Corporate Compliance and Enforcement , FinCEN Director Kenneth A. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264

System Las Vegas San Antonio San Diego 264

Independent Banker

SEPTEMBER 22, 2015

Security Officer and Appraisal Compliance Coordinator Manager. The First National Bank and Trust Co. IB: What does your job as a security officer for The First National Bank and Trust entail? Working with marketing to create security training in super-accessible video on the bank’s intranet has been another.

Video 70

Video Security Policies Compliance 70

Abrigo

DECEMBER 20, 2021

Now is the time for community financial institutions to pay attention. The CBOT penalty is a solid reminder to all community financial institutions that a robust AML program is critical in guarding against money laundering and terrorist financing risks regardless of size and risk. Fundamentals of BSA. CommunityBank of Texas' citations.

Resources 195

Resources Texas Analysis System 195

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Having said that, I believe very strongly that community banks have a bright future, and they don’t need to ease or lower their standards to build market share. I believe the tool is an important step toward keeping an institution’s IT environment secure.

Community Bank 70

Community Bank Community Regulation Compliance 70

PYMNTS

SEPTEMBER 22, 2017

But a key B2B industry came in a very close second thanks to a European startup, and it’s a segment of the market recently identified by the European Commission as an up-and-coming part of the financial startup community that is sure to make waves. Alternative Lending. CapitalBay. Honorable Mentions. Blue Lotus Capital.

Capital 152

Capital America Lending Industry 152