PYMNTS

JUNE 21, 2018

If data within the Internet of Things (IoT) is not secured properly, it puts people’s overall safety in jeopardy — and it’s not just about loss of sensitive personal data. In fact, according to UL , the even greater threat is that an attacker could take over the functionality of poorly secured devices. Pros and Cons of Regionalization.

Security 197

Security Regional Resources Management 197

Perficient

MARCH 1, 2021

The secret to understanding timing and creating truly impactful communications hinges on a deeper understanding of HIPAA’s definition of marketing. Most of us have had to go through HIPAA training, and we understand about data-security and protected information. HIPAA was created nearly 25 years ago.

Marketing 508

Marketing Training Data US 508

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. Use the right technology.

Compliance 70

Compliance Case Study Analysis Analytics 70

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Gearing up for GDPR.

Compliance 179

Compliance Data Security eBook 179

Perficient

OCTOBER 6, 2020

Keep your crucial legacy applications secure and reduce costs by migrating them to Microsoft Azure with our Application Migration Accelerator. Most companies accumulate legacy applications over time, leading to issues with compliance, security, increasing support costs, and complex performance management. Program definition.

Strategy 429

Strategy Training Analysis Security 429

PYMNTS

MAY 13, 2019

In part, these FinTech platforms have challenged accountants to remain relevant by acting as strategic advisors, and the technology has empowered accountants to do just that by automating tedious, time-consuming tasks and freeing up assets for accountants to take on that elevated role.

Data 153

Data Tools Software Security 153

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS. Staying Updated.

Fintech 141

Fintech Risk Management Compliance Management 141

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. This is primarily about ensuring correct use of resources and relies on policies, roles, and permissions to help implement technological mechanisms to allow or restrict access. It’s important to note the differences.

Management 98

Management Fraud Customer Experience Compliance 98

CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program. Requiring periodic reports submitted to the boards of directors to ensure compliance.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

APRIL 3, 2020

Accounts payable (AP) automation technology presents an obvious benefit to companies of all sizes and industries to boost efficiency and strategize vendor payments. ” From Onboarding to Compliance. A Payments Balancing Act. “We started out with spreadsheets just like everybody else,” he said.

Taxes 131

Taxes Compliance Payments Data 131

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

BankBazaar

MARCH 18, 2020

We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. The post BankBazaar At Your Service During COVID-19 appeared first on BankBazaar - The Definitive Word on Personal Finance. Our employees are our most valuable asset. Explore BankBazaar.

Guidelines 78

Guidelines Policies Compliance Tools 78

PYMNTS

JANUARY 8, 2020

However, mom-and-pop shops and small kiosks selling to consumers aren’t the only kinds of companies in need of mobile payment-acceptance technology. Technologies like those developed by Square offer ease-of-use and convenience for both buyer and seller, benefits that B2B businesses are seeking as well.

Mobile 141

Mobile Payments Data Technology 141

CB Insights

MAY 8, 2018

See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. The rise of security tokens as a distinct asset class. Although regulators grapple with this definition, we’ll use it for our purposes to understand how this financing method is changing. Venture activity.

blockchain 75

blockchain Trends Technology cryptocurrency 75

PYMNTS

MARCH 25, 2019

What we really need is to move to the car – a sports car or luxury car, in a sense that we have to rethink how these [technologies] are being deployed and redesign the architecture.”. In the last decade alone, noted Webster, as much as $26 billion in fines has been paid out by banks for non-compliance with AML standards. How to Change.

cryptocurrency 196

cryptocurrency Compliance Fraud System 196

PYMNTS

JULY 11, 2016

There are a few schools of thought when it comes to the projected role and impact of blockchain technology on the global financial services space. “They definitely see the writing on the wall that the world is moving in this direction.” “Everyone has concerns about technology in general,” he noted.

blockchain 100

blockchain Compliance Security Technology 100

Insights on Business

JANUARY 3, 2019

But while mobile devices give us great power and convenience, they also create new security and privacy challenges. Regulatory compliance : Given these challenges, regulators from around the globe continue to act by issuing and amending guidelines on the usage of cloud and how to prevent and respond to cyber threats.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Technology 186

Technology Trends Regulation Training 186

PYMNTS

MAY 10, 2016

But Tungsten Head of Compliance Lucy Ashdown offered her take on the company’s research to discuss why FinServ firms might be seeing more invoice fraud than other industries. officials to combat fraud, Ashdown also discussed who carries the torch of responsibility when it comes to fighting this kind of security lapse in the enterprise.

Fraud 100

Fraud Compliance Security Industry 100

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Data 131

Data California Security Pennsylvania 131

CFPB Monitor

JULY 6, 2021

The Priorities have been much-anticipated because, under the AML Act, regulators will review and examine financial institutions in part according to how their AML/CFT compliance programs incorporate and further the Priorities, “as appropriate.”. technology and trade secrets. None of this is wrong, of course.

United States 78

United States Fraud Regulation Compliance 78

PYMNTS

APRIL 30, 2018

The guidelines were equally prompted by rapid social media growth, globalization and technology penetration, all of which have made it easier for personal information to be accessed or exchanged. Each EU member nation has a DPA in place to both monitor compliance and respond to potential violation complaints. Assessing Risk for SMBs.

Data 119

Data Compliance social media Regulation 119

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. How do you manage security and risk?

How To 136

How To Risk Management Technology US 136

CFPB Monitor

AUGUST 21, 2018

The report raises a number of issues with screen scraping while promoting the benefits of application programming interfaces (APIs) “that allow for the inclusion of robust security features, greater transparency and access controls for consumers, improved data accuracy, and more predictable and manageable information technology costs.”

Data 84

Data Report Regulation Security 84

PYMNTS

MAY 24, 2018

According to Ultan O’Carroll, assistant commissioner and technology advisor of Ireland’s Data Protection Commissioner (DPC), these companies could still fall under scrutiny by data protection authorities (DPAs), the regional agencies charged with reviewing GDPR compliance. Heavy fines could be levied in the severest cases. In the U.S.,

Data 100

Data Compliance social media Operations 100

PYMNTS

MARCH 29, 2018

That’s according to Jose Caldera, chief products officer for digital identity compliance solutions provider IdentityMind Global , who says FIs and merchants must also monitor long-term behaviors to build a profile that reflects a user’s trustworthiness. Fraud won’t go away, no matter how much technology is put in place,” he said.

Fraud 108

Fraud Compliance System Data 108

Celent Banking

OCTOBER 12, 2016

This is the definition of operational risk. Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

MARCH 6, 2018

Payments and commerce so often boil down to giving consumers what they want, and the same is looking to be true for blockchain , the popular distributed ledger technology underlying cryptocurrencies such as bitcoin, Ethereum and Litecoin. The Chinese eCommerce giant will reportedly use blockchain technology for its cross-border supply chain.

blockchain 119

blockchain cryptocurrency Bitcoin Technology 119

Cisco

FEBRUARY 5, 2019

As a first-timer at Cisco Live Europe, I wasn’t quite sure what to expect , and I definitely didn’t expect to encounter those three in the same place. I heard a lot about wanting to provide meaningful customer experiences through enhanced mobile and digital experiences, but how regulatory and security constraints are getting in the way.

Security 69

Security Video Industry Customer Experience 69

PYMNTS

NOVEMBER 26, 2019

PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities. One CU upgrading its mobile technology is SAFE Credit Union , which has more than $2.3 Member Privacy Concerns.

Marketing 131

Marketing Sacramento Data Mobile 131

PYMNTS

NOVEMBER 20, 2019

As AI continues to make headlines by automating anything from warehouses to call centers, creative professionals find solace in the claim that the technology will never be smart enough to be a truly original thinker,” he wrote. Le Divelec explained his reasoning on his site. “As

Tools 126

Tools Video Marketing System 126

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.

Compliance 70

Compliance Community Bank Community Training 70

PYMNTS

JULY 11, 2017

In the latest PYMNTS Commanders in Chief series, Bruce Lowthers, executive vice president of FIS Global, a financial technology solutions provider , and president of the company’s Payments Division , didn’t set out to be an innovator. Security and risk issues have escalated over the last few years, and that isn’t going to change.

Innovation 101

Innovation social media Security Leadership 101

FICO

JANUARY 18, 2023

With only 8% of respondents reporting that their AI strategies are fully mature, and model development standards consistently scaled, it’s clear to me that the industry is on a bullet train to serious financial, legal and reputational fallout from misguided and otherwise incorrect use of this powerful technology. Scott Zoldi.

Analytics 52

Analytics San Diego Regulation Compliance 52

PYMNTS

JUNE 10, 2016

While cybersecurity is paramount for any corporation, banks face significant compliance issues when their data (and their clients’ data) isn’t secure. This heightened demand for security is what Cotter said sets financial institutions apart from other verticals when it comes to procurement and supplier management.

Management 100

Management Risk Management Software Analytics 100

Insights on Business

SEPTEMBER 18, 2016

Many banks are concerned that PSD2 is a cost center that will compromise client relationships and security. Although the technical details of PSD2 have not been fully defined yet, the use of APIs for secure data exchanges that have compliance rules built-in are accelerating in many industries. See my previous API blogs.)

Marketing 70

Marketing Payments Compliance Security 70