PYMNTS

APRIL 18, 2017

Banks and financial institutions spend billions of dollars to ensure they are meeting compliance requirements and properly managing risks. For this reason, ComplyAdvantage is out to disrupt the market by delivering on solutions that does more than just check the compliance box. Filling The Compliance Gap.

Compliance 111

Compliance Data Austin Management 111

PYMNTS

SEPTEMBER 11, 2019

Such caution presents a high bar that app-based startups must overcome. Financial services providers must run tight ships when offering mobile services, and various techniques can help keep them secure. Startups can also make customers feel secure by piggybacking on well-known financial companies’ reputations.

Security 113

Security Fraud Mobile Cards 113

FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. AML compliance has not traditionally focused on monitoring this type of network. Fintechs therefore may use combinations of API providers.

Compliance 52

Compliance Regulation cryptocurrency Marketing 52

PYMNTS

MAY 30, 2018

And, he noted, banks and FinTechs are going to need time to negotiate their relationships with each other, and with consumers the world over. Why Banks Need FinTechs. That could have been informing the services and advice banks present to customers, and would have helped to strengthen and develop relationships.”.

Fintech 160

Fintech Regulation Compliance Innovation 160

PYMNTS

APRIL 2, 2019

Last month, the company secured $2 million in funding from Canopy Rivers, with the option to secure an additional $6 million from the company, while Canopy obtained an 18 percent stake in the firm as well.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. The lack of security cooperation between bankers and regulators also comes up for blame. Fraud is a Top Worry. But that may now change, he said.

America 102

America Security Miami Conference 102

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

Insights on Business

JUNE 25, 2018

FinTech is undeniably transforming banking and financial industries. Subject matter experts share their experiences with IBM clients on how they’re changing the way they operate in the industry—implementing projects across cloud, AI, security, and blockchain, and finding new ways to partner with FinTechs. By Gary Napolitano.

Fintech 111

Fintech Technology Industry Customer Experience 111

PYMNTS

JULY 19, 2018

It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

DECEMBER 18, 2018

This presents a unique challenge for accounting professionals, who must understand which technologies are available to help them embrace the role of advisor by automating tasks that don’t add value. .

Management 134

Management Fintech Tools Technology 134

PYMNTS

NOVEMBER 13, 2020

Despite a growing community of FinTech solutions geared toward the industry, managing invoices and B2B payments remains a challenge. In an effort to overcome this point of friction, alcohol industry solutions provider Fintech and eInvoicing technology firm AccountsFlow recently announced a partnership. That's a security risk.".

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

NOVEMBER 6, 2019

In the latest PSD2 Tracker , PYMNTS looks at the ways EU merchants and payment service providers (PSPs) are adapting to SCA as it comes into full effect, as well as how third parties and FinTech firms are moving to take advantage of the expanding PSD2 payment ecosystem. Some SCA compliance questions are easier to answer than others.

Compliance 111

Compliance Regulation California Online 111

Bank Innovation

SEPTEMBER 6, 2017

New rule changes under discussion by European Union regulators could allow EU banks to invest more in software, allowing them to better fight against cyber attacks, as well as to keep pace with fintech firms. EU regulators are presently considering changes to banking laws that classify software as a cost, rather than an investment.

Software 273

Software Regulation Fintech Compliance 273

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. A September to Remember.

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

JANUARY 30, 2019

These challenges of ensuring authentication and following ever-shifting AML guidelines present a conundrum for businesses looking to expand globally. In addition, how can they remain confident that they are in compliance with existing AML laws? How FrontFundr Keeps Its Investment Platform Fraud-Free. About The AML/KYC Tracker.

How To 170

How To blockchain Compliance Regional 170

PYMNTS

MARCH 17, 2020

Yet for those banking partners, the fact that every corporate is at its own unique position in the digitization process presents a challenge as to which products to offer, and how to enable corporate clients to adopt them — a predicament that impacts everything from banks’ investments in infrastructure to their FinTech collaboration strategies.

Meeting 173

Meeting Fintech Tools Strategy 173

PYMNTS

FEBRUARY 11, 2019

The collaboration — Beehive’s first partnership with a traditional financial institution (FI) — also marks Thanachart’s first FinTech tie-up that addresses business finance. The company announced on Saturday (Feb. Beehive first launched in 2015 in the United Arab Emirates (UAE) to link SMBs to its marketplace lending solution.

Fintech 109

Fintech Tools Customer Experience Regional 109

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. billion in funding as of April, although the virus’s spread was greatly impacting India’s FinTech space. Such entities in India were granted relief on Jan.

Video 175

Video Capital Lending Security 175

PYMNTS

NOVEMBER 13, 2020

The growing reliance on global digital payments calls for strong mechanisms that are immune to security threats and can handle large volumes of transactions safely without compromising delivery times,” Nilesh Pathak, Chief Technology Officer at Nium told PYMNTS. The World Bank found that consumers globally are charged an average of 6.75

Payments 259

Payments User Experience Meeting System 259

PYMNTS

SEPTEMBER 10, 2019

How FinTech Apps Can Ace Security. The September AML/KYC Tracker takes a look at the latest fraud challenges and efforts to ensure tight security and compliance. Losses widened 165 percent over last year’s loss of $206 million in the same period. B2B Payments: Moving from Inertia to Ignition.

Apple 108

Apple New York City Payments New York 108

PYMNTS

APRIL 19, 2019

This presents a few opportunities for the profession, Jones told PYMNTS in a recent interview. FinTech solutions — including those that have disrupted the payroll sphere — have automated key financial functions for small businesses, and, in many cases, have taken away the traditional workload of a small business accountant. In the U.K.,

Innovation 154

Innovation Compliance Technology Resources 154

PYMNTS

DECEMBER 28, 2018

Financial services regulations are notorious for their complexity and ever-changing demands for financial institutions and corporates, but another fuel for development in the KYC space was the FinTech community. ” The Small Business Banking Impact.

Compliance 186

Compliance Regulation blockchain Taxes 186

Insights on Business

FEBRUARY 23, 2019

Three years ago, banks were looking at fintechs with a wary eye. Leaders who come together across business lines and IT functions to overcome the challenges presented by siloed, legacy technologies. Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators.

Innovation 125

Innovation New York City Training Case Study 125

PYMNTS

JULY 2, 2018

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa ‘s high interest rates, which caused the FinTech to scrap its initial public offering (IPO). ” The goal of this requirement is to provide a clear breakdown of costs for borrowers.

Lending 100

Lending Comparison Fintech Compliance 100

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Fintech 132

Fintech Groups Data Strategy 132

CFPB Monitor

AUGUST 21, 2018

The report raises a number of issues with screen scraping while promoting the benefits of application programming interfaces (APIs) “that allow for the inclusion of robust security features, greater transparency and access controls for consumers, improved data accuracy, and more predictable and manageable information technology costs.”

Data 84

Data Report Regulation Security 84

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry. Sanctions Sanctions are fast becoming the most crucial focus of the year.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

Payments 122

Payments Fraud Strategy Security 122

PYMNTS

NOVEMBER 14, 2019

But this expanded talent pool not only compounds the complexities and volume of payroll tasks, but as Guez noted, compliance can quickly turn into a headache. “It Compliance is still a major challenge. GDPR and similar legislation are tied with payroll because of all the personal data that goes into payroll calculation.

Payments 127

Payments Compliance Taxes Technology 127

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.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

NOVEMBER 21, 2018

With FinTech driving innovation and competition in the cross-border payments space, governments can no longer afford to ignore changing and heightening demands for greater speed, transparency and efficiency in global transactions. Reuters reported earlier this month that the Financial Stability Board (FSB) counted a 4.1

Payments 123

Payments Innovation National System 123

PYMNTS

JUNE 19, 2019

B2B FinTech has made leaps and bounds in the world of procurement, enabling large enterprises to automate a significant portion of their purchasing processes. However, there is another side of procurement that has been left without much exposure to FinTech disruption: tail spend. Expanding The Scope Of Data.

Data 116

Data Guidelines Fraud Compliance 116

PYMNTS

JULY 21, 2020

The digitization and acceleration of back-office financial workflows have presented the opportunity for organizations of all sizes to become more agile, with more data available to treasurers for clearer, real-time visibility into cash positions. And their challenge is only going to grow. ” Challenge Turned Opportunity.

Management 160

Management Innovation System Fraud 160

PYMNTS

AUGUST 23, 2018

PYMNTS interviewed Cory Taylor, acting COO at digital merchant onboarding FinTech Agreement Express , on the subject. You are always worried about security,” Taylor told PYMNTS. “A He maintained that a one-click process can help ensure that consent (in the case of GDPR) and data compliance are set from the start.

Compliance 100

Compliance Security Regulation Software 100

PYMNTS

JANUARY 22, 2018

There is another market segment, however, that similarly struggles to secure this Goldilocks effect, with products that aren’t too small and aren’t too large: the middle market. There are two key focuses for mid-market expense management tools, he said: infrastructure and regulatory compliance.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

JULY 22, 2019

To adapt to that influx of customers, BTG Pactual needed an onboarding process that was digital and automated — as well as compliant, secure and scalable to the needs of the investment platform as it expanded. Part of that, he added, is across-the-board high standards when it comes to compliance and verification.

Innovation 161

Innovation Payments Regional America 161