PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

PYMNTS

APRIL 10, 2020

There are several complexities associated with reviewing and settling claims, given the nature of the insurance industry, which requires stringent customer authentication and documentation. The challenge is thus not figuring out if mobile disbursements are possible, but how they can be made, given insurers’ legal and compliance issues.

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

AUGUST 22, 2019

In an interview with PYMNTS, Grovara CEO Peter Groverman said the recent announcement helps “close the loop” on the company’s proprietary technology platform. Grovara has built technology to automate, streamline and manage relationships with brands and buyers. That’s especially true for U.S.-based

Online 123

Online Michigan Branding Compliance 123

PYMNTS

MARCH 8, 2018

based online cross-border remittance services provider WorldRemit is one player working to smooth out common speed bumps that slow payments for businesses and individuals alike. Taking Transfers Online. Behind its faster payments strategy is an online-only approach. In a recent interview, Brion Nazzaro, the company’s U.S.

Compliance 101

Compliance Regulation Online Payments 101

Perficient

NOVEMBER 17, 2020

Many banks have leveraged digital technologies like cloud computing, robotic process automation, artificial intelligence, and chatbots in response to Covid-19. The Paycheck Protection Program (PPP) is an excellent example of how banks leveraged technology to meet customer needs. Mobile end-to-end account opening is one of those areas.

Mobile 294

Mobile Online Conference Customer Experience 294

PYMNTS

MARCH 27, 2019

As online gamblers all but feast on the odds and brackets of the ongoing NCAA Division I Men’s Basketball Tournament in the U.S. – In that spirit, most consumers understand the need for a relatively involved onboarding process when first signing up for an online gambling site or service. the first March Madness since the U.S.

Online 115

Online Regulation Compliance Security 115

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times.

Compliance 108

Compliance Regulation Industry National 108

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

Perficient

FEBRUARY 4, 2021

Being able to order groceries, prescriptions, and other essential products online can be a challenge for people with disabilities in the best of times. By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. Heading Structure. Color Contrast.

UX 531

UX Guidelines Compliance Study 531

Gonzobanker

AUGUST 17, 2022

Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here. Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 182

Fintech Lending Software Compliance 182

Accenture

MAY 7, 2019

This got me thinking—in the Instagram and Facebook era of instant online gratification, just how important is the ability to create a relationship with a bank at the swish of your mobile? Does everything have to be all singing and dancing online and in real time or is it more subtle than that? The Know-Your-Customer (KYC) conundrum.

Customer Experience 178

Customer Experience Online Millennials social media 178

Insights on Business

OCTOBER 18, 2017

When it comes to adopting technologies, financial institutions have long been the investment leaders, putting new solutions to practical use, starting more than fifty years ago with the advent of the IBM mainframe. We helped banks go online, becoming always-on for their commercial and retail customers.

Compliance 101

Compliance Fraud Regulation Technology 101

PYMNTS

JUNE 30, 2020

For digital players like Nium , said Bermingham, individuals must be able to open accounts and provide the information required to satisfy local, countrywide and global regulations for online transactions. There are many different ways you can onboard a client today,” he said. You want to make sure to do it correctly.”.

Payments 253

Payments Technology Compliance Fintech 253

PYMNTS

NOVEMBER 14, 2019

The onboarding process can pose major headaches for small businesses in an ecosystem where online and mobile banking are in demand, yet not always available at the caliber banking customers have come to expect. That’s despite the majority – 70 percent – that say they would prefer to open a deposit account online. ”

Digital Banking 147

Digital Banking Video Strategy Tools 147

Abrigo

DECEMBER 8, 2021

Should BSA/AML board training be in person or online? Remember, it is a regulatory requirement that each member is trained annually, so be sure to document and retain your attendee list. Set board expectations The board plays an integral role in creating a culture of compliance. Board Training.

Training 195

Training Resources Video Compliance 195

FICO

JULY 15, 2021

As the market for global payments and financial services grows, criminals develop new strategies and technologies to make illicit gains. Fraud experts need to be armed with the most up-to-date information about the latest industry trends and developments.

Community 52

Community Fraud Online Trends 52

PYMNTS

APRIL 22, 2019

The company recently announced a new online solution for onboarding fund houses. Meanwhile, Spanish banking group BBVA is tapping photo- and video-based document and biometric verification measures to secure its digital onboarding. The online fantasy sports-betting space is growing strong. customers now onboard digitally.

Fraud 143

Fraud Security Online Video 143

PYMNTS

NOVEMBER 11, 2019

Cryptocurrency companies that previously let customers remain anonymous will have to change their tunes in some countries, as will online gambling sites that provided fast onboarding at the expense of rigorous identity verification approaches. Around The AML/KYC World. Find more on these and other recent headlines in the Tracker.

Video 161

Video Fraud Compliance Security 161

Abrigo

AUGUST 18, 2020

Embrace technology to help your department and institution successfully shift to remote work. If you’re a small institution that only did PPP lending to your existing customers and decided not to do a lookback based on a risk-based approach, document that in your policies and procedures , ” said Luttrell. Learn more.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

AUGUST 18, 2020

Embrace technology to help your department and institution successfully shift to remote work. If you’re a small institution that only did PPP lending to your existing customers and decided not to do a lookback based on a risk-based approach, document that in your policies and procedures , ” said Luttrell. Learn more.

Fraud 195

Fraud Trends Compliance Technology 195

PYMNTS

DECEMBER 10, 2020

Banks and other FIs must be certain that their clients are who they claim to be and adhere to AML compliance — or be held accountable. . Video-based KYC is an effective digital technology used increasingly to confirm customers? identities while also speeding and simplifying sign-up. One study revealed that 73 percent of U.S.

Video 201

Video Digital Banking User Experience Tools 201

Chris Skinner

APRIL 3, 2017

I recently was talking about how blockchain is great for IslamTech, as Islamic financial instruments have different degrees of compliance with Sharia Law, dependent upon the Imams who authorise the product. The goal is to become paperless by shifting all transactions to blockchain – an online encrypted database – by 2020.

blockchain 263

blockchain Compliance Strategy Technology 263

Independent Banker

OCTOBER 31, 2021

“I’m not sure how we would have processed all of the PPP loans and everything else in the last 18 months without some of the technology that we have implemented,” says Chris Jundt, senior vice president and chief lending officer at First State Bank & Trust. of its residential closed mortgage transactions use its online mobile app.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

JULY 5, 2018

The complications — and opportunities — of turning that ruling into actual online commerce was the topic of a recent interview Karen Webster conducted with Zac Cohen, general manager at Canada-based consumer verification firm Trulioo. Now the compliance officers and risk strategists are gaining a seat at the table for that planning.”.

United States 103

United States Compliance Risk Management Online 103

PYMNTS

APRIL 23, 2020

Collaborating with digital banking technology company MX, Citizens Bank of Edmond in Oklahoma said it has debuted its PPP loan portal to streamline PPP loan applications for its SMB clients. Online SMB loan marketplace LendingTree launched its SBA loan marketplace designed to help SMBs access funding from regional and community banks.

Fresno 142

Fresno Regional Fintech Lending 142

PYMNTS

SEPTEMBER 16, 2019

Congress — with an eye on documents that show the inner workings of Big Tech. Senate panel on efforts by social media firms to remove violent content from online platforms, the panel said in a statement. GDPR Compliance Lacking. Now the letters fly from the U.S. It is an investigation to determine the facts.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” This seismic shift is, in turn, making it more important than ever for providers to examine the use of digital identity authentication technologies.”. They should. Medical data theft is perhaps the ugliest kind.

Data 146

Data Compliance Regulation Meeting 146

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. It can also reduce the time spent on documenting decisions and report writing. Stay up to date on CECL best practices.

Survey 195

Survey Software Resources Meeting 195

PYMNTS

JULY 1, 2019

Millions of smartphones are equipped to handle the technology, and verification via the method often takes mere seconds. A growing number of devices are equipped with biometric authentication technology, meaning an increasing number of mobile banking customers can use these tools to access their accounts.

Customer Experience 187

Customer Experience Tools Fraud Security 187

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. That doesn’t mean it’s been easy. But in a new PYMNTS interview on Tuesday (Dec.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

JANUARY 29, 2020

Paper-heavy expense and payroll systems can obscure important compliance data, for example, or might otherwise complicate tracking if SMBs or their employees qualify for exemptions. Systems utilizing automated technologies to sift through a year’s worth of data can quickly calculate employee withholdings, for example.

Taxes 141

Taxes Fraud Tools System 141

Perficient

OCTOBER 4, 2020

Together Mode uses AI segmentation technology in meetings to digitally displace and place meeting participants in a shared background so it makes you feel as if you’re all in the same room with one another. Teams Rooms and Zoom Room devices can now connect to one another’s meeting services via embedded web technologies!

Meeting 332

Meeting Policies Video Technology 332

BankBazaar

MARCH 18, 2020

Do take advantage of our online paperless processes for your credit needs. We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. Use the additional time on your hands to check your Credit Score regularly so you’ll know if anything is amiss.

Guidelines 78

Guidelines Policies Compliance Tools 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. And those same economic factors might lead financial institutions to curtail vital investments like anti-fraud technologies, making themselves more vulnerable. Effective KYC starts with identifying the typical demographic associated with 1st-party fraud.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

MAY 26, 2017

According to a report in Reuters , Daisuke Yamada, Mizuho’s chief digital innovation officer, said in an interview the company already has around 20 projects in the pipeline to launch the venture with some using blockchain technology and others focused on artificial intelligence in areas including farming and travel.

Fintech 100

Fintech blockchain New York Risk Management 100

PYMNTS

OCTOBER 21, 2019

Ensuring SCA compliance should be part of a larger effort to determine that a payments strategy is secure, cost-effective and satisfies user expectations for convenience and trust. He says more than one-third of merchants’ online payments could fail due to lack of compliance. 14 deadline it had originally set for SCA compliance.

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

MAY 4, 2020

As part of this evolution, SCS embarked on an effort last September to develop a platform to bring the B2B eCommerce model to small business accounting, enabling business owners to quickly view prices and order reports the same way they shop for goods and services online. ” Easing SMB Globalization. ”

blockchain 168

blockchain Industry Online Examples 168