PYMNTS

SEPTEMBER 25, 2020

Documents sent by banks to the Financial Crimes Enforcement Network (FinCEN) of the U.S. HSBC To Staff: Stay Off Bank’s Social Media Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept. Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

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.

social media 122

social media Google Taxes Arkansas 122

Accenture

MAY 7, 2019

Research suggests 12 percent of companies changed banks as a result of KYC issues and, on average, European banks spend $20 billion per year on KYC and anti-money-laundering regulatory compliance , for seemingly limited impact. Tips to combine customer experience with regulatory compliance. Complexity needs the human touch.

Customer Experience 178

Customer Experience Online Millennials social media 178

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. It cautions that any use of the technology should be “approached with an awareness of the risks,” and be subject to fair lending compliance measures.

Lending 130

Lending social media Compliance Regulation 130

PYMNTS

JULY 16, 2019

These platforms could implement third-party identity verification or KYC services to verify freelancers’ identity documents and check them for signs of forgery, or utilize methods that take advantage of videos and facial recognition technology.

social media 145

social media Security Fraud Strategy 145

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. However, earlier this week, we reported on a virtual insurance agent company partnering up with Facebook to offer quote comparison shopping via the social media giant’s Messenger chatbot. SR: Impact is slow but expansive.

blockchain 127

blockchain Industry Bitcoin Innovation 127

PYMNTS

JANUARY 14, 2019

The ingredients for a revolution in payments across the region, fueled by demographics and technology, seem to be there. There’s also a technology boom, which comes as the continent, in Nazir’s words, “leapfrogged over the landline and over the computer, and straight to the smartphone and, now, into mobile money over bank accounts.

Mobile 212

Mobile social media Taxes Technology 212

PYMNTS

APRIL 20, 2017

“The challenger banking industry is one of the most fascinating examples of digital empowerment within financial services, thanks to its pace of innovation and the heavy focus on technology-driven customer centricity,” Mohan wrote. most KYC for challenger banks is handled by scanned ID documents,” explained Mohan. “In In the U.K.,

Compliance 110

Compliance Innovation social media Lending 110

Jack Henry

OCTOBER 22, 2014

I have developed a bit of a habit over the years in my role as a Compliance Analyst: I like to regularly check out my FI client’s website. I also like to check for staff pictures on the chance that I can put a face with a name for the particular employee that I am working with on IT regulatory compliance and risk management efforts.

Community 83

Community Meeting Compliance social media 83

Jeff For Banks

SEPTEMBER 29, 2012

They are consumed by anxious questions: • How do I protect customers and our technology infrastructure from phishing attacks to get customers to click links that lead to malware? What if I miss a customer’s complaint or I don’t document it properly? Can the bank be cited for a compliance violation?

social media 65

social media Compliance Guidelines Groups 65

CFPB Monitor

JUNE 26, 2022

Scammers will contact older adults under a fictitious persona via phone call, robocall, text message, email, mail, in-person communication, online dating apps and websites, or social media platforms. Reference supporting documentation, including any photos or video footage, in the narrative.

social media 78

social media Fraud Resources United States 78

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. I saw this emerging need that our technology could address in a way that no one else was doing. JB: Generally, people underestimate how long widespread consumer adoption of new technology can take.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

MARCH 11, 2016

GIACT Systems’ co-founder and Chief Technology Officer Merlin Bise says the use of smart data in real-time is key to overcoming the onboarding stumbling blocks many companies are facing. “In So how can companies strike the balance between ensuring customer acquisition processes are not just efficient, but also frictionless and secure?

Data 100

Data Customer Experience social media Fraud 100

William Mills

APRIL 27, 2017

With the Fannie Mae and Freddie Mac still in recovery there has not been great investment in mortgage technology. These folks are may be one of the companies that bring 21st Century technology to the industry. They invested in new technology and are promoting the heck out of it. Ana, CEO is speaking. “20 12:15 pm Capsilon.

San Francisco 68

San Francisco social media San Jose Customer Experience 68

PYMNTS

JULY 15, 2016

” Compliance. The startup provides financial institutions with machine learning, voice analytics and natural language processing technologies to identify what employees say via phone, email and chat while at work, as well as where and when they said it. and Singapore.

social media 100

social media Management Analytics Capital 100

Lex Sokolin

SEPTEMBER 16, 2020

See the bottom category (20% of advisors) not using any of the industry’s core technology. About 90% of advisors use Document Management software. This is for things like account opening, saving compliance information, and sharing key legal documents with clients. Here’s another fun spin.

Google 52

Google Data Software Comparison 52

FICO

FEBRUARY 1, 2017

Attendees felt first party fraud was further compounded the by the multiple paths for material misrepresentation such as the use of: Digital image and document editing to falsify paystubs. Falsified data critical to underwriting – such as vehicle information - on official documents. Non-existent addresses that aid in skip trace fraud.

Fraud 40

Fraud Analytics social media Data 40

PYMNTS

NOVEMBER 2, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing global scrutiny from regulatory watchdogs, consumers and organizations. In addition, 72 percent of adults in the United States indicate that social media firms have an excess of power and sway in politics in the current day.

Taxes 212

Taxes National Regulation Google 212

Lex Sokolin

MARCH 31, 2021

So what do these compliance firms?—?valued The Distribution of Social Capital A lot of the language in fintech and Ethereum has been about democratization, and helping people have better financial services. The idea of social collapse and blockchain rebirth generates attention, outrage, and speculation. Let’s get to it.

Capital 52

Capital Marketing Community social media 52

CB Insights

OCTOBER 2, 2018

For example, Facebook recently disclosed that an unprecedented data breach, discovered on September 25, exposed the social media accounts of up to 90 million users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account.

Security 58

Security Data US Google 58

William Mills

MAY 11, 2016

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. Here’s another solution for document management and origination. ^SR. Can add loan documents with image capture via phone. Ijeoma (EJ) Onuosa (Founder).

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

MARCH 14, 2017

The company’s platform leverages live video and identity document verification, as well as authentication by bank account and the GOV.UK Signicat Sign is the company’s digital signature technology which helps ensure the integrity, origin, and non-repudiation of digital documents. ” Company Facts.

Video 15

Video Regional Regulation Security 15

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Going to speak about technology can be better used in the card world. For investors, they pre-populate legal investment subscription documents.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 10, 2016

There is a growing focus on customer experience and related compliance issues. Qumrum allows banks to actually document customer interactions online. Kofax can do background search of other documents to help verify bank customer identities. Like a HELOC on your car but using a technology platform. Simon Scheurer (CTO).

San Jose 40

San Jose Customer Experience Mobile social media 40

PYMNTS

OCTOBER 16, 2019

Technology, improvements in logistics and, of course, new innovations in payments have all played a role in bringing trade to an ever-broadening global stage. Technology, increasingly, is enabling the current model of cross-border trade,” said Agarwal. Macro Trends as Tailwinds. Only 20 years ago, eCommerce was an unheard-of notion.

Payments 128

Payments social media Fintech Compliance 128

NCR

DECEMBER 28, 2015

Technology can be even more volatile—it’s very hard to forecast which platform will gain broad adoption next, and which will recede into legacy status, or never even make a ripple. That’s why it’s an act of extreme hubris to make any kind of predictions about banking and technology. For example, take fingerprint scanning technology.

Apple 40

Apple Mobile Technology Security 40

William Mills

SEPTEMBER 9, 2016

From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind.

social media 40

social media ATM Mobile Customer Experience 40

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” The technology is powered by Chain ( FD15 ) which counts Visa , Capital One ( FD15 ) & Citibank as investors.

blockchain 12

blockchain Trends Fintech social media 12

Money and Payments

AUGUST 14, 2023

Ok, so you may have been reading a complex thread on social media about the European travel rule for crypto companies and the impact it has on fundamental rights to privacy and freedom to provide services. And you may be wondering. What is it? What's happening. How can I contribute?

Regulation 36

Regulation Data Maine Operations 36

Money and Payments

AUGUST 8, 2023

Ok, so you may have been reading a complex thread on social media about the European travel rule for crypto companies and the impact it has on fundamental rights to privacy and freedom to provide services. And you may be wondering. What is it? What's happening. How can I contribute?

Regulation 36

Regulation Data Maine Operations 36

William Mills

MAY 9, 2018

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

NOVEMBER 16, 2018

What if cutting-edge technology — technology not yet in mainstream banking, but arguably headed there with firm speed — could replicate in a significant and meaningful way, the old reality of having a banker who not only has the time to deal with customers one on one, but knows them deeply as individuals? The report found that 81.8

Fraud 108

Fraud United States Data Technology 108

PYMNTS

MAY 7, 2020

Monitoring API performance is just as vital as deploying the technology in the first place. A January 2015 failure at social media giant Facebook forced both it and Instagram’s servers to go down for an hour, for example, which also affected apps that harvest Facebook data, like dating app Tinder and instant messaging app HipChat.

Examples 151

Examples social media Fintech Study 151

FICO

JULY 7, 2020

There are fake profiles being set up on social media, often with connections you recognize, that will contact you and attempt to trick you into taking an action that benefits them. After making it appear that they know you, a fraudster may message you asking for money or personal information on social media.

social media 97

social media Resources Fraud Examples 97

William Mills

SEPTEMBER 7, 2016

Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Their application is middleware.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

JANUARY 4, 2018

But as with many things in technology, change comes gradually and then suddenly. Compliance Officers. And in trading, there are another set of EAAS companies trying to replicate and improve human cognition with quantitative trading technologies. STATE OF AUTOMATION REPORT. What is EAAS? Investment / Wealth Management.

Software 75

Software Compliance Training Google 75

PYMNTS

MAY 31, 2018

The saga that is Google versus the EU over these last eight years is well-documented , so I’ll spare you the lengthy narrative. Since then, 65 percent of people say they use the social media platform as much or more than they ever have. Some media sites have shut off access to people living in the EU. Take Google.

Google 120

Google Regulation Data Innovation 120