PYMNTS

JULY 15, 2020

With Paxos Crypto Brokerage, companies can leverage our expertise and regulatory compliance to easily and securely integrate crypto into their applications. Paxos will hold crypto assets for Revolut’s users in the U.S., while enabling Revolut to control “the user experience” and manage its “customer relationships.”

US 233

US cryptocurrency FDIC Compliance 233

Abrigo

DECEMBER 22, 2023

As 2023 winds down, community banks and credit unions have worked hard to attract new customers and members and retain existing ones by streamlining processes and improving the end-user experience. Ironically, data for making lending and credit decisions for the financial institution can also be one of the toughest assets to harness.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

JULY 23, 2019

It’s also the most highly regulated part of any financial transaction. It’s a process that doesn’t leave much room for interpretation — either you are compliant or you’re not — and one in which companies tend to bring in a partner who can make the process of achieving and maintaining compliance less painful.

Data 101

Data Mobile Compliance Security 101

Insights on Business

JUNE 20, 2018

In today’s global marketplace, financial services firms must grapple with competition, increasing regulation and market volatility while also maintaining profitability and growth in a world disrupted by emerging technologies and fintechs. The new advances in our portfolio include: Next-Gen Governance, Risk, and Compliance. OpenPages 8.0

Regulation 70

Regulation Compliance Analytics System 70

PYMNTS

AUGUST 9, 2019

The second Payment Services Directive (PSD2) requires financial institutions (FIs) to provide third parties access to their payment data, but some countries and banks are implementing this faster than others. Yet this was compliance-ready, not operationally ready. Yet this was compliance-ready, not operationally ready.

Compliance 152

Compliance Regulation User Experience Retail 152

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. “We worked with them to design this new solution, pulling in advanced entity resolution and workflow capabilities into a more modern and intuitive user experience. .

Compliance 115

Compliance Risk Management Analysis User Experience 115

PYMNTS

MAY 22, 2017

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. To get more banks into the two-step authentication mix, Clarke recommends regulation, which would compel mandatory compliance. “A s National Health Service.

Regulation 116

Regulation National Online System 116

PYMNTS

JANUARY 24, 2019

Google has decided to dispute the €50 million fine handed down by French privacy regulators for allegedly failing to comply with the EU’s General Data Protection Regulation (GDPR) privacy law. In addition, the Commission said Google didn’t get the necessary user consent for personalized ads.

Google 123

Google Regulation Policies User Experience 123

Insights on Business

DECEMBER 12, 2018

This past year brought governance, risk and compliance (GRC) to the center stage. Organizations in financial services and other sectors witnessed an increase in “airtime” given to risk and compliance issues at the board level. Drive efficiency across risk & compliance processes. GRC Coming of Age in 2018. Efficiency.

Innovation 111

Innovation Compliance User Experience Regulation 111

PYMNTS

DECEMBER 2, 2020

The key to this is user experience,” he said. But the right amount of healthy friction is a wanted experience to ensure safety and retain control.”. Compliance Amid COVID-19. At the center of all these regulations is the consumer,” he said. That’s what it’s all about.”. Moving Beyond Just Serving Banks.

Fraud 215

Fraud Online Security Compliance 215

PYMNTS

MARCH 4, 2020

And in that evolution, DeLuca explained, software has moved from systems that simply kept records or initiated transactions toward systems that deliver an enhanced, more engaging experience. FinTech firms like Bottomline have invested in user experience (UX), user interface (UI), usability and, of course, data management.

User Experience 203

User Experience Data Fintech System 203

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

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. This means localizing their services and not taking a one-size-fits-all approach when it comes to payment methods and user experiences.

Payments 183

Payments User Experience Training Case Study 183

PYMNTS

NOVEMBER 19, 2019

No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said. For instance, with the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. Data Control .

Cards 140

Cards Apple Data Innovation 140

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. Confidence is based on how consumers’ data is protected.

UX 116

UX Security User Experience Millennials 116

South State Correspondent

MAY 18, 2023

The Start of Our Generative AI Journey “Tate,” a contraction of SouthS tate, was a brainchild of our Spark Innovation group, a team of 35 employees from various sections of the Bank brainstormed a use case, created personas, outlined a user journey, and then developed an action plan. In these sessions, you can dream.

US 195

US Training Examples Data 195

PYMNTS

JUNE 17, 2019

Open Banking regulations and enable trusted third parties to access a customer’s data based on the account holder’s consent — a key step toward more digital payments innovation. This means the focus as been more on compliance with PDS2 rather than commercialization. Bank Threat. API Aggregation.

User Experience 196

User Experience Examples Innovation Cards 196

PYMNTS

OCTOBER 2, 2018

about online privacy and data storage, Tim Berners-Lee has a plan to “decentralize the web and take back power from the forces that have profited from centralizing it,” according to a report. Technology that enables consumers to control their data as they shop, pay and perform other tasks online.

Data 189

Data Online Google social media 189

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Some “old school” methods that worked in the past aren’t working anymore. In the U.S. Getting Implementation Right.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

Fintech Labs Insights

MAY 24, 2017

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. Further, they pointed out that even senior executives gain from the improvements technology can bring to the compliance challenge.

Compliance 21

Compliance UX User Experience Fraud 21

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). As such, organizations are coming to the conclusion that they need a consistent, cross-discipline, cross-process view of risk and compliance.

Compliance 98

Compliance System Analytics Data 98

PYMNTS

SEPTEMBER 24, 2019

The bumpy road cryptos face under scrutiny from regulators (we’re looking at you, Libra ) was a springboard into a larger discussion between Zac Cohen, general manager at Trulioo , and Karen Webster on the challenges FIs and others face when deploying new technologies. Complications arise when financial activity is so far-flung, he added.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

MARCH 25, 2019

The backlash goes beyond rooms, apartments and houses to include instruments of transportation, which is among the latest areas of the digital economy to come under the scrutiny of politicians and regulators. Compliance and regulatory issues remain top of mind, of course, but so does the overall experience of both buyers and sellers.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

SEPTEMBER 23, 2020

Leveraging Technology And Government Data To Simplify Due Diligence. Aptiv8 and Nium must ensure that the remittance services will be in compliance with Singapore’s anti-money laundering (AML) and know your customer (KYC) laws without allowing the due diligence measures to introduce friction into user experiences.

Policies 132

Policies Security User Experience Tools 132

Gonzobanker

JANUARY 17, 2020

Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g., Bank executives need to be more exposed to data on growth/margin trends in their payments businesses and develop action plans to improve revenue.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

CB Insights

SEPTEMBER 11, 2018

Massive customer data breaches, inadvertent data exposures, hidden tracking apps, internet surveillance, and more have helped erode consumers’ trust in tech companies. Facebook stock is down and it faces investigation by a growing list of international regulators. Google has lost employees and also faces regulation.

Google 48

Google Apple Policies social media 48

FICO

DECEMBER 20, 2022

Mid-year data from Bank of America showed that all forms of digital and electronic payments are growing. As FIs have more customers using more forms of digital payments, defending against the dizzying array of scams will be crucial to their customer experiences, and potentially required for regulatory compliance.

Fraud 52

Fraud Payments South Carolina Compliance 52

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

NCR

JANUARY 17, 2017

All players will look for better ways to manage regulatory and compliance processes. At the same time, new regulations, such as PSD2 , are changing how different transactions are viewed by the regulating bodies. This year will be a big year for all types of specialized payments providers.

Fintech 40

Fintech Trends Industry Compliance 40

PYMNTS

MAY 19, 2016

Socure announced a major upgrade to its digital identity verification solution, which now encompasses expanded compliance coverage and global watchlist filtering. Combining technology, data and scoring analytics, Socure helps our clients to address risks, while upholding security and privacy standards,” said Sunil Madhu, CEO of Socure.

Compliance 100

Compliance User Experience New York Regulation 100

FICO

JANUARY 7, 2021

The winning strategy will be: understand and exploit the data from the natural experiments that have emerged as a result of this tragedy. Master the data: Once information becomes widely available, patterns, relationships, and interdependencies in data will begin to emerge.

Management 52

Management Analytics Strategy Data 52

Fintech Labs Insights

MAY 26, 2017

ABN AMRO’s Helène Erftemeijer elaborated on the role Fenergo’s technology will play in helping the bank improve the user experience for its clients. The deal with ABN AMRO is the latest in a string of wins for the Dublin-based compliance specialist.

Management 17

Management Innovation Compliance Capital 17

Cisco

MAY 24, 2022

This week we welcome Marc Gilman , General Counsel and VP of Compliance at Theta Lake for a Q&A on a key topic for compliance, operational risk, and security leaders – ensuring that robust controls are in place for regulatory, cybersecurity, and privacy of collaboration platforms.

Compliance 115

Compliance Security Video Meeting 115

PYMNTS

JULY 13, 2017

A PayFac collects minimal data up front and supplements it with other real-time data to get merchants up and running, literally, in minutes. FinTech companies — PayPal, Square, Stripe, WePay — have gravitated toward that model because what they’re innovating on is merchant experience, or user experience,” said Aberman. “In

User Experience 108

User Experience Software Compliance Payments 108

Insights on Business

SEPTEMBER 27, 2019

The flood of data that comes in can bury a person. I bet you thought this blog was going to be how to manage all the data in your social life. I want to discuss how the increasing amount of data can be tackled in the compliance world. Compliance programs can come in all shapes and sizes. So, here are some answers.

Management 87

Management Compliance social media Data 87

Gonzobanker

AUGUST 31, 2015

In our line of work , we see a lot of processes and benchmark a lot of data. It could stem from an overreaction to a regulator or an overzealous compliance employee with too much power. Be careful that you really understand where your vendor is when it comes to the user experience of the process.

System 60

System Tools Cards User Experience 60

PYMNTS

JUNE 10, 2016

However, Powers said, many times features that customers desire are precluded by different laws and regulations. Although we try to also provide in help and the user experience for the parker, our main customer, the person who pays us, is the city. Compliance and security are two big things for us,” Powers said.

Mobile 100

Mobile Payments Training Wisconsin 100