PYMNTS

DECEMBER 14, 2017

The eyes of the financial services world are on the EU’s upcoming PSD2 regulations, with many jurisdictions watching how the European market evolves and responds to regulations that support data sharing and open banking, while maintaining data security. That doesn’t mean companies can ignore the need for compliance, however.

Data 124

Data Compliance Regulation Survey 124

PYMNTS

JUNE 6, 2019

As McLain noted, when it comes to privacy and GDPR for merchants, “at the end of the day, it’s about allowing consumers to exercise their rights under that regulation.” As McLain pointed out, 3D Secure 1.0 Those rights are fairly well-established now, a bit more than a year after GDPR went live.

Fraud 180

Fraud Exercises Regulation Study 180

Abrigo

JULY 17, 2019

Securities and Exchange Commission filers until January 2023 for CECL implementation. They talk about, “Yes, we can apply the standard and do a compliance approach and get the number right, but if we want to integrate the information into our business and use it for making good business decisions, we need more time,’” he said.

Resources 150

Resources Exercises Data Meeting 150

Independent Banker

FEBRUARY 16, 2015

Two steps to help manage for Bank Secrecy Act compliance. How can a bank get this area of compliance right? A bank must exercise judgment within each specific category of customer and evaluate the level of risk in customer subgroups by the services they use and by their geographic location. By Jim Deitch.

Analysis 70

Analysis Compliance Community Exercises 70

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. Takeaway 1 Risk tied to consumer lending compliance has been elevated as a result of the pandemic and associated operating challenges. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Insights on Business

JULY 20, 2017

They are the mechanism that banks use to exchange customer data with other parties in a simple and secure way. Open banking is often mentioned in relationship to compliance with regulatory standards, but in reality, the regulators are only catching up with what is happening in the market. The mobile payments hub. The data aggregator.

Fintech 181

Fintech Mobile Examples Data 181

Independent Banker

FEBRUARY 24, 2016

We are encouraged by those institutions that are building loan-loss reserves or properly managing credit risk, but we’re not seeing this kind of prudent management across the board. IB: What steps should community bankers take to ensure their institutions are secure from cyberattacks?

Community Bank 70

Community Bank Community Regulation Compliance 70

CB Insights

NOVEMBER 2, 2017

It’s been nearly a decade since the financial crisis exposed how a weak risk management framework and lack of governance can almost permanently debilitate even one of the strongest capital markets. The volume of regulation has created more surface area for compliance gaps. Existing infrastructure can’t keep up with regulation.

Compliance 72

Compliance Regulation blockchain Software 72

PYMNTS

SEPTEMBER 1, 2017

Orbita takes it a step further by using voice tech for remote patient monitoring, medication adherence, chronic care management and patient education. If a healthcare agent can bypass that part of the conversation and get straight to the meat of it, those savings do add up, Prugar said. Fraudsters love the phone channel,” said Prugar.

Technology 131

Technology Exercises Tools Regulation 131

NCR

NOVEMBER 21, 2016

Some financial institutions might take a negative view of the new rules – which will mean increased competition and more work for compliance departments – but it has been noted that PSD2 could hold promising potential for established banks as well. ” The fraud implications.

Fraud 40

Fraud Compliance Payments Exercises 40

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

CFPB Monitor

JULY 6, 2021

Not complying with the FCRA 3-business day requirement for placing a security freeze on a consumer’s credit report after receiving the consumer’s freeze request. In several examinations that identified such errors, the root causes were deficiencies in the institutions’ compliance management systems.

Lending 78

Lending Report Regulation Analysis 78

Fintech Labs Insights

JUNE 7, 2016

At FinovateSpring 2016 , the company’s presenter Rob Stanich (Global Wealth Management Offering Mgr.) While IBM has been working in the wealth management industry for some time, this is the company’s first API-based predictive analytics solution for the wealth management industry. The Branch Manager dashboard.

Management 12

Management Analytics New York Industry 12

FICO

MAY 18, 2020

Those in collections and recovery needed this forensic-level insight on how customers arriving in collections need to be managed and what the outcomes are likely to be. Management are reminded that the current very fluid situation is hindering reliable forecasts.

Regulation 52

Regulation Operations Management Data 52

Independent Banker

JULY 31, 2022

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Rethinking branches isn’t a one-size-fits-all exercise.

Strategy 135

Strategy Community Bank Louisville Community 135

CB Insights

MAY 8, 2018

The vehicle includes an integrated landing system, which allows the drone to securely land atop the vehicle while in motion. Waste Management. Recycling and biodegradation have dramatically improved global waste management. One of the most popular commercial use cases for drones is construction planning and management.

Exercises 78

Exercises Data Technology Industry 78

CFPB Monitor

MAY 6, 2015

The CFPB along with five other federal agencies have issued a final rule that establishes minimum state registration and substantive requirements for appraisal management companies (AMCs), as required by Section 1473 of the Dodd-Frank Act. Andreano, Jr. credit transactions involving a federally regulated depository institution) in the state.

Company 60

Company Management National Exercises 60

Gonzobanker

JULY 28, 2014

A solid borrower portal should support strong communication and interaction with the customer, electronic upload of documents, secure e-mail and/or communication capabilities, disclosure and documentation review and real-time loan status updates. Minimal time to manage such an important project. Lack of a clear methodology.

System 103

System Lending Data US 103

PYMNTS

MAY 31, 2018

If that data has already been exposed, then taking it back from organizations doesn’t do much good – there needs to be a way to tell, in the moment of the transaction, that a customer is legitimate rather than a criminal who has gained access to their static credentials, such as birthdate, address and Social Security number. Secure Signaling.

ATM 109

ATM Data Security Regulation 109

PYMNTS

NOVEMBER 19, 2019

But they are having to do less of that kind of educational exercise as of late 2019, as banks are starting to understand that forced bundling solutions won’t satisfy modern consumers who have other options. On top of all that, there are also security concerns, because instant payments are also irrevocable. Meeting the Challenges .

Lending 109

Lending Online Payments Exercises 109

Abrigo

JANUARY 31, 2023

Recap and forecast The current state of AML/CFT regulations Terminology change Financial crime professionals have long referred to Bank Secrecy Act (BSA) compliance in conjunction with anti-money laundering efforts as “BSA/AML.” However, the regulatory movement since then has been slow. While Russia generally targets significant U.S.

Fraud 195

Fraud Training Regulation Trends 195

Abrigo

MARCH 4, 2022

Monitoring for ACH activity, cybercrimes ACH activity also deserves careful monitoring, noted Abrigo Compliance and Engagement Director Terri Luttrell. Under a final rule approved in November, they must report significant computer-security incidents as soon as possible and no later than 36 hours after their occurrence.

Exercises 195

Exercises Leadership Fraud Resources 195

CB Insights

JUNE 17, 2020

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Security: Higher internet usage and data generation lead to increased investment. Conversational AI/chatbots. Cloud call centers.

Industry 101

Industry Technology Online Video 101

PYMNTS

JANUARY 7, 2019

Wearables – watches, shoes and clothing – can alert users to the need to replace them while providing tips on diet and exercise. Payments are and will be embedded in each of these experiences, enabled by an intermediary that will authenticate the user or the user’s device and enable secure, private and interoperable commerce experiences.

Mobile 205

Mobile Innovation Apple Study 205