PYMNTS

APRIL 29, 2020

The trouble with black swan events is that no two of them look alike, so preparing for them is a dicey business. The unforeseen, global seismic events that touch every aspect of daily life tend to leave things forever changed. were still built on COBOL, so making the technological leap into the 21st century is no easy task.

Technology 142

Technology System Meeting Resources 142

Insights on Business

FEBRUARY 27, 2018

A common assumption in risk and compliance is that financial institutions typically have to spend more to meet their regulatory obligations. To achieve this, IBM and Promontory Financial Group are at the forefront of applying cognitive technology to regulatory demands. “Meaning, [regtech] is a teammate.

Compliance 98

Compliance Risk Management Management Regulation 98

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Security 113

Security Fraud Mobile Cards 113

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

PYMNTS

APRIL 22, 2016

But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. The company provides traders and institutions with a virtual private server (VPS) service, using cloud technology to host an FX trading platform. Technology, too, makes this possible. Seismic Shifts.

Marketing 100

Marketing Security Technology Fintech 100

Perficient

MARCH 17, 2023

Blockchain solutions help companies, and their customers, use data to securely handle supply chain disruptions and build resiliency into the visibility process. This provides near real-time visibility into operations events as well giving the ability to take action earlier. Previous Articles: Measure Twice, Cut Once.

blockchain 275

blockchain Management Data Security 275

PYMNTS

SEPTEMBER 19, 2019

Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. Technology to the Rescue — Maybe. Inaccuracy of [a] forecast is unpardonable.”.

Technology 117

Technology Strategy Management Industry 117

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. As technology advances, the threat to digital security and identity protection becomes greater, forcing regulations to quickly adapt. Compliance Decoded. Why Compliance Is Going Social.

Compliance 100

Compliance blockchain Regulation Data 100

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. And as he told PYMNTS, the biggest burden in this case is that providers need to understand and interpret the different compliance requirements of multiple countries. 1: Security.

Innovation 228

Innovation Payments System Security 228

Abrigo

NOVEMBER 17, 2023

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. The first pillar is the overall hard dollar loss rate experienced from illicit transactions.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred.

Fraud 221

Fraud Payments Software Policies 221

Bank Innovation

FEBRUARY 6, 2017

Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. The finalists were chosen from applicants from around the world. A total of 12 companies will demo at Bank Innovation. The winning startup will be named Best in Show. Read More.

Innovation 150

Innovation Meeting Technology Fintech 150

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Security 100

Security Payments Data System 100

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

Innovation 108

Innovation Security Payments Mobile 108

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. What does it mean to you? Feeling safe. Protected from threats.

Security 70

Security social media Video Policies 70

Gonzobanker

AUGUST 17, 2022

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 Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 195

Fintech Lending Software Compliance 195

BankInovation

MAY 4, 2023

Financial institutions are looking to risk mitigation and regulatory compliance technology following the industry turbulence brought on by the recent collapses of Silicon Valley Bank, Signature Bank and First Republic Bank.

Compliance 52

Compliance Industry Technology Security 52

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. Enter, the Payments Canada Summit. Transformational change in Payments ecosystem.

System 126

System Payments blockchain Fraud 126

Insights on Business

MARCH 13, 2018

Regulatory pressure, in terms of policy changes and increased scrutiny, is forcing banks to seek technological changes and advancements to meet evolving regulatory and compliance requirements. IBM is committed to bring the newest and best advances in technology to tackle these challenges. New Approaches to Anti-Money Laundering.

Las Vegas 101

Las Vegas NV Compliance Analytics 101

Cisco

MAY 10, 2022

Join us for our thousands of engaging business and technology sessions. Cisco Live delivers education and inspiration to technology innovators worldwide through large-scale in-person and digital events, as well as on-demand education. Find a full list of sessions by technology or technical level and registration information.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

Insights on Business

FEBRUARY 23, 2019

That is what we will be tackling at this year’s Reinventing Financial Services event— apply to attend here. Leaders who come together across business lines and IT functions to overcome the challenges presented by siloed, legacy technologies. In its third year, Reinventing Financial Services , our flagship event for U.S.-based

Innovation 125

Innovation New York City Training Case Study 125

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

PYMNTS

NOVEMBER 13, 2020

Looking at the plight of migrant workers and those working abroad during the COVID event, PYMNTS November 2020 Smarter Payments Tracker® powered by Nium notes that, “Legacy FIs can struggle to provide affordable remittance services that meet migrant workers’ needs, and their dependency on correspondent banking networks can drive up service costs.

Payments 259

Payments User Experience Meeting System 259

PYMNTS

NOVEMBER 6, 2019

Some SCA compliance questions are easier to answer than others. websites, even in the event of a no-deal Brexit. SCA and its impact on security and data privacy may not be limited to the EU, as more countries — and even states — begin to implement new privacy and payment rules of their own. About The Tracker.

Compliance 111

Compliance Regulation California Online 111

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

cryptocurrency 146

cryptocurrency Innovation DC National 146

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

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

PYMNTS

MARCH 18, 2019

Authenticating.com is working to combat identity fraud by combining different solutions to securely automate and outsource identity verification and fraud prevention as a service. Personally identifiable consumer information is encrypted end-to-end, then anonymized, de-personalized and bifurcated to ensure that the data is secure.

Fraud 108

Fraud Knowledge Base Regulation Data 108

PYMNTS

MAY 24, 2019

The Innovation Hours Program will provide financial technology (FinTech) and regulatory technology (RegTech) companies and financial institutions the opportunity to present their new and emerging innovative products and services to FinCEN,” the organization said in the release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

SEPTEMBER 10, 2019

What Apple Fans Are Expecting from Today’s iPhone Event. How FinTech Apps Can Ace Security. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. The September AML/KYC Tracker takes a look at the latest fraud challenges and efforts to ensure tight security and compliance.

Apple 108

Apple New York City Payments New York 108

Independent Banker

OCTOBER 1, 2021

Core Technophobia is best described as feeling apprehensive or hesitant about investing in modern core banking technology. new technology? . technology with?little related to technology? . Deprioritizing or even eliminating the need for new core technology only?creates What causes Core Technophobia? .

eBook 103

eBook System Technology Compliance 103

PYMNTS

FEBRUARY 2, 2021

Wain noted that, in general, “some sort of a major event takes place, that triggers a new norm.”. Issuing plays a critical role too — as Webster stated, users need secure credentials in place to transact. But there is a lot more to having a secure and stable issuer processing system. Issuance Matters, Too .

Mobile 235

Mobile Payments System User Experience 235

Insights on Business

MARCH 5, 2019

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . This event is no charge to attend, but registration in advance is required. Event specifics are below: GRC: Best Practices in a World Under Constant Cyber Threat. IBM Client Center. New York City.

New York City 70

New York City Cyber Security New York Risk Management 70

Insights on Business

FEBRUARY 25, 2019

In the Financial Services industry, a range of businesses including banks, insurance companies, securities trading organizations, and capital market clients are required to comply with regulations that include information governance and stringent records retention requirements. Ability to set a user-defined retention period per object.

Meeting 87

Meeting Industry Compliance Policies 87

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

OCTOBER 8, 2018

Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. It’s not surprising, then, that for many businesses, the in-person networking events are more popular than online networking platforms.

Regional 188

Regional Online social media Compliance 188