FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. They provide added services to customers ranging from personal budgeting and spending alerts to personal funds transfers and cryptocurrency wallets.

Compliance 52

Compliance Regulation cryptocurrency Marketing 52

Bank Innovation

DECEMBER 6, 2017

INV Fintech, the sister accelerator to this site, announced its fourth class of startups today. Here are the five companies of Class 4 of INV Fintech: Bloxable: Bloxable provides decentralized solutions for lending origination and the securitization of mortgages […].

Fintech 315

Fintech Lending Company Capital 315

FICO

DECEMBER 17, 2020

Cryptocurrency exchange rates have skyrocketed in the past month. According to a recent report , the total of cryptocurrency related frauds and thefts stands at a staggering $7.69b. billion lost in exchange theft and security breaches, and $4.8 This includes $2.8 by Sebastian Hetzler.

cryptocurrency 52

cryptocurrency How To blockchain Analysis 52

Abrigo

MARCH 11, 2022

Thanks to an increase in mobile payments precipitated by the pandemic and rising security concerns due to the Russian conflict in Ukraine, the world of financial fraud prevention is more dynamic than ever. Recently, the Secure and Fair Enforcement Banking Act of 2021 (SAFE Act) passed the house for the third time.

Regulation 195

Regulation cryptocurrency Policies Management 195

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Cryptocurrency In general, traditional financial institutions have a low risk tolerance for banking cryptocurrency.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Banking Exchange

OCTOBER 14, 2019

Banks should not learn the wrong lessons, however Payments Technology Risk Management Financial Trends Cards Online Mobile Security Checks/Remote Deposit Capture Tech Management Operational Risk Compliance/Regulatory Cyberfraud/ID Theft Blockchain Fintech Feature Feature3.

cryptocurrency 60

cryptocurrency Company Risk Management Compliance 60

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

San Francisco 276

San Francisco Fintech Innovation Technology 276

Bank Innovation

SEPTEMBER 27, 2017

fintech firm, Bittrex, and South Korean app developer, Dunamu, an affiliate of the country’s largest messaging platform, Kakao, have teamed up to launch a new, massive cryptocurrency exchange platform in South Korea.

cryptocurrency 218

cryptocurrency Fintech Report social media 218

Payments Source

JANUARY 9, 2019

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.

Fintech 92

Fintech Compliance Security Data 92

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Canadian fintech companies raised $251M through the end of H1’19, nearly double the $133M raised in H1’18. The 2019 Canadian fintech market map. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

SEPTEMBER 29, 2020

Jumio said it plans to integrate Beam’s AML screening and transaction monitoring services into its KYX platform to help flag financial crime and streamline regulatory compliance. The Palo Alto-based firm on Tuesday (Sept. The announcement comes on the heels of Jumio’s Sept.

San Francisco 153

San Francisco Compliance Regulation cryptocurrency 153

PYMNTS

MAY 3, 2019

The firm’s compliance team will review all custom tokens designed on the platform. “With the Open Platform, our XPASS offers the versatility to any companies, organizations and developers looking to white label a digital payment solution (powered by blockchain) that is fast, easy and secure,” Cheah continued.

blockchain 190

blockchain cryptocurrency Compliance Cards 190

Bank Innovation

AUGUST 3, 2018

In fact, a new report showed that technology company IBM has five times more fintech patents than the world’s 15 largest banks combined. Many large banks describe themselves as equal parts technology firms as they are financial services companies, but then shouldn’t they have relevant patents backing that notion? Well, they don’t.

Fintech 186

Fintech Technology Report Company 186

Bank Innovation

APRIL 4, 2016

Fintech is far from a U.S.-only The week’s top raises runs the gamut from online investments to the integration of Africa’s growing financial space; from the analysis of loan quality and security to the ever-more transparent P2P sector; to providing access to the vast Read More.

Fintech 150

Fintech Analysis Online Security 150

PYMNTS

FEBRUARY 9, 2018

The rapid global proliferation of initial coin offerings has become an issue of mounting concern among regulators and central banks around the world – in particular, the growth of ICOs has fueled massive growth in the cryptocurrency market in general. Last year saw ICOs rake in a remarkable $3.7

Regulation 106

Regulation cryptocurrency United States Security 106

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company remains one of the largest cryptocurrency players in the U.S., Chainalysis.

Capital 174

Capital Lending Cards cryptocurrency 174

Bank Innovation

FEBRUARY 19, 2019

Fintel Labs, iGTB, JUDI.AI, KapitalWise, OpenDoor Securities, and Operant.AI Six of the startups come from INV Fintech, this website’s sister […]. The startups are:[link] Avocado Payments, Budgit Inc., Community Capital Technologies, Denizen Financial, Diro Inc., Exagens Corp.,

Innovation 240

Innovation Community Capital Fintech 240

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

MARCH 14, 2018

” Oliver was discussing cryptocurrencies and blockchain on his show, highlighting the massive potential the world of FinTech has touted for the last year or so. Earlier this week, the head of the International Monetary Fund (IMF) described this dichotomy as the “peril that comes along with the promise” of cryptocurrencies.

blockchain 129

blockchain cryptocurrency Regulation Taxes 129

PYMNTS

APRIL 26, 2019

Venmo is one of the FinTechs that have been able to garner widespread adoption. In the April Digital Consumer Onboarding Tracker , PYMNTS explores how players from around the world are taking new approaches to onboarding security. But it turns out you can use the cryptocurrency in an effort to sway an election. Top Trackers.

Bitcoin 175

Bitcoin Apple Cards Compliance 175

PYMNTS

APRIL 3, 2018

Between the threat of FinTechs and small business owners’ increasing willingness to switch banking providers, financial institutions are waking up to the demand for better SMB services. This reality is often cited by small business FinTechs. Small business (SMB) banking is in need of an overhaul.

blockchain 177

blockchain Tools Regulation Fintech 177

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

Insights on Business

MAY 1, 2018

While the advances in Payments processing are clear, there still remains a number of areas where further education is necessary, additional trust and security is required, and advances made in payments technology are still needed. Compliance. Cryptocurrencies. How can a bank modernize securely while lowering costs?

System 126

System Payments blockchain Fraud 126

PYMNTS

NOVEMBER 14, 2019

But this expanded talent pool not only compounds the complexities and volume of payroll tasks, but as Guez noted, compliance can quickly turn into a headache. “It Compliance is still a major challenge. GDPR and similar legislation are tied with payroll because of all the personal data that goes into payroll calculation.

Payments 127

Payments Compliance Taxes Technology 127

American Banker

FEBRUARY 14, 2024

New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.

cryptocurrency 83

cryptocurrency Regulation Industry Cyber Security 83

PYMNTS

MARCH 23, 2016

What once may not have been taken seriously — cryptocurrencies and futuristic payments — is today exploding as the innovation financial institutions are targeting for investments, largely hoping to get a jump on the blockchain before disruption takes a bite out of their traditional business. FS must leverage the FinTech ecosystem.”.

blockchain 100

blockchain Fintech cryptocurrency Innovation 100

PYMNTS

NOVEMBER 6, 2019

Over the next months, we will be testing Billon’s solution and evaluating the potential added value for our customers,” Maximilian Schausberger, head of fintech partnerships at Raiffeisen Bank International, said in a press release. Securities and Exchange Commission (SEC) earlier this year. “We

blockchain 101

blockchain System Bitcoin Compliance 101

PYMNTS

MARCH 12, 2018

Securities and Exchange Commission issued scores – the tallies varied depending on where you got the news, but The Wall Street Journal estimated “dozens” – of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings pool. A velvet hammer? A helping hand?

Regulation 117

Regulation Security Course blockchain 117

PYMNTS

DECEMBER 8, 2020

The latest arena for money laundering is through cryptocurrency , a burgeoning market expected to be valued at $1.4 Experts estimate that cryptocurrency-related crimes totaled $4.3 billion in laundered money , with this problem only expected to grow as cryptocurrencies grow more popular. billion by 2024.

cryptocurrency 261

cryptocurrency Mobile Compliance Analysis 261

PYMNTS

JULY 22, 2019

And there is no shortage of interest in the region in that ability, with particular interest coming from the financial services sector, the cryptocurrency markets and in the healthcare vertical. Part of that, he added, is across-the-board high standards when it comes to compliance and verification. Opportunity, he noted, abounds.

Innovation 161

Innovation Payments Regional America 161

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.

Innovation 150

Innovation Seattle Fintech US 150

Bank Innovation

SEPTEMBER 29, 2017

The hack has laid out the red carpet for startups focusing on data security. Based in London, Nuggets is a zero-knowledge security company that uses blockchain technology and biometric authentication to protect […]. EXCLUSIVE – With the Equifax hack, the perils of a data breach are no longer a hypothetical problem.

blockchain 199

blockchain Security Data Technology 199

Bank Innovation

SEPTEMBER 27, 2017

Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation? What is the state of banking innovation today? Each year, we poll the industry to find out.

Innovation 257

Innovation blockchain Fintech Industry 257

Bank Innovation

NOVEMBER 15, 2017

EXCLUSIVE- Bank Innovation has released the agenda for its seventh annual fintech conference, and it is completely overhauled to enhance the event experience for attendees.

Conference 225

Conference Innovation Fintech How To 225