PYMNTS

OCTOBER 27, 2019

27), far-flung verticals such as healthcare and seafood supply chains – and even FinTech – can be united under a key principle: Trust. The announcement of the blockchain-based solution comes in the wake of Mastercard outlining guidelines for blockchain development earlier this month. The Partnership Ecosystem.

blockchain 100

blockchain Guidelines Fintech Fraud 100

Insights on Business

OCTOBER 16, 2018

Reengineering core banking systems that have been developed over decades while innovating fast enough to stay competitive would be like trying to change your tires while speeding down the freeway. With the IBM Open Banking Platform , financial institutions can innovate faster, reduce risk and protect core banking applications.

Capital 157

Capital Tools System blockchain 157

PYMNTS

AUGUST 1, 2019

In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds.

Payments 152

Payments Guidelines System Compliance 152

PYMNTS

MARCH 25, 2019

DNB is responsible for approving PSD2 payment licenses in the Dutch market, so third parties will have to follow their guidelines if they want to continue operating in the region. To be successful in the Netherlands, [FinTechs] have to be even more efficient than what’s already there … and they have to be considerate to price,” she said.

Regional 108

Regional Regulation Data Payments 108

NCR

FEBRUARY 22, 2016

Fintech startups utilize innovative technology to make financial systems more efficient, taking advantage of cloud data storage and blockchain technology. They want to get on the cloud, but have concerns about the security of customer data, and are afraid of violating the numerous compliance requirements they must adhere to.

Innovation 40

Innovation Compliance Security Data 40

Insights on Business

NOVEMBER 20, 2017

This is resulting in direct pressure on financial institutions to adapt faster and place a premium on innovation now – more than ever before. By doing so, it also opens up the avenue for innovative players to provide value-added services on the back of this scheme. The Central Banking authorities like the U.S.

Payments 79

Payments Guidelines Digital Banking Industry 79

Insights on Business

MAY 2, 2019

Through our many daily interactions we have been witness to a wave of patterns forming that are changing the face of governance, risk and compliance (GRC). As such, organizations are coming to the conclusion that they need a consistent, cross-discipline, cross-process view of risk and compliance.

Compliance 98

Compliance System Analytics Data 98

PYMNTS

JANUARY 15, 2018

With that access, the thinking goes, new market entrants can offer new services to end users, with eyes dually focused on innovation and costs. For other firms, such as FinTechs or telecommunications companies, “they must coordinate and provide access to multiple different interfaces or protocols.”.

CA 112

CA Bitcoin Data Security 112

NCR

AUGUST 18, 2017

Blockchain can unleash innovation across top line applications like loyalty and rewards, Internet of Things, marketplaces, and more – essentially any application where there is an exchange of digital assets, in addition to serving the bottom line. The key applications for the technology.

blockchain 75

blockchain Technology cryptocurrency Study 75

NCR

NOVEMBER 21, 2016

One of the fundamental goals of PSD2 is to open up the European payments market to new entrants, which will mean opportunity for innovative fintech firms and payment providers. In April 2016, financial and business solutions firm Fexco noted that the PSD2 guidelines were being implemented in a “piecemeal” fashion.

Fraud 40

Fraud Compliance Payments Exercises 40

Abrigo

JUNE 12, 2023

You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions. The money transmitter industry is growing, spiked by advances in fintech and the consumer demand for immediate payment mechanisms. One set of requirements will reduce the regulatory burden and compliance costs.

Compliance 195

Compliance Fraud Regulation Guidelines 195

PYMNTS

MAY 14, 2018

Financial institutions (FIs) that service the industry, she recently told PYMNTS, “don’t have the compliance people, processes or automated tools in place to meet the required guidelines — and are unknowingly putting their clients at risk.”. According to Lang, traditional FIs cannot meet this regulatory compliance and reporting need.

Compliance 130

Compliance Guidelines Industry Taxes 130

Tomorrow's Transactions

DECEMBER 19, 2016

The NIST guideline goes on to talk about using push notifications to applications on smart phones, which is how we think it should be done. The paper that Richard Brown of R3, my colleague Salome Parulava and I put together what seems like an age ago (a year is a long time in fintech) has finally been published! Digital Identity.

Mobile 30

Mobile Retail Trends Security 30

PYMNTS

OCTOBER 6, 2017

Regulatory guidelines may help address this issue. With so much at stake, from employee satisfaction to the security of employee and company data, the payroll industry would do well to benefit from FinTech innovation, said McGuirk. Companies are reasonably aware of it. And I say ‘reasonably’ because not all of them are.”.

Marketing 139

Marketing Data Security Regulation 139

FICO

DECEMBER 9, 2019

At the same time, reputational risk for the creditor will go up if those countries that are not governed by best practice debt collection guidelines return to poor debt management practices. But we still haven’t seen a lot of AI-led innovation with collectors; the nearest we get is discussion of chatbots.

Analytics 52

Analytics Regional Strategy Regulation 52

FICO

AUGUST 27, 2018

Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside. Much of the latest buzz has come from the recently released Treasury report which focuses largely on the Trump administration’s outlook for financial innovation. It’s August and it’s hot in Washington DC.

Policies 49

Policies US Fintech DC 49

CFPB Monitor

OCTOBER 13, 2020

Supporters point out the Proposed Rule would result in strong and consistent supervision of bank-fintech partnerships across the country, ensuring fairness and compliance with applicable laws, and note the Proposed Rule would keep the costs of credit down and encourage innovation.

Lending 60

Lending Colorado FDIC National 60