Insights on Business

MAY 6, 2019

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. It is obviously in the best interest of an institution, and its customers, to catch as much fraud as possible. Why does model governance matter for fraud?

Fraud 102

Fraud Regulation Compliance Analytics 102

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

PYMNTS

JUNE 19, 2019

Strategic sourcing, data integrations with ERP and accounting platforms, digital catalogues, spend analytics and other technologies are tackling a historically paper-ridden, monotonous process in the corporate procurement department. Yet, when as much as 40 percent of company spending remains in the shadows, control can go out the window.

Data 116

Data Guidelines Fraud Compliance 116

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. In the U.K.,

How To 170

How To blockchain Compliance Regional 170

FICO

DECEMBER 18, 2019

In anticipation of a dramatic increase in CNP fraud, several years ago FICO implemented new machine learning technologies in the FICO® Falcon Fraud Platform to better catch fraud in this area. Current UK Fraud Trends. The differences in fraud rates between debit and credit spending are similarly stark.

Fraud 52

Fraud Trends Cards Maine 52

Independent Banker

APRIL 30, 2022

But with so much emphasis placed on customer-facing products and technologies, innovating back-office operations can fall to the bottom of the priority list. Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines.

Innovation 91

Innovation Community Bank New York City Community 91

PYMNTS

JUNE 4, 2020

From an instant payment perspective, it has now become much more important to be able to manage the fraud in real time online,” said Tino Kam , head of transaction banking at Finland-based Nordea Bank , in a recent interview with PYMNTS. API security. API security issues are not the financial industry’s only problems, though.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

MAY 27, 2020

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. Developments From Around The CU Ecosystem.

ATM 243

ATM Innovation Meeting United States 243

PYMNTS

FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The summit will include both private sector panelists and government officials sharing their views and engaging with the audience.

Meeting 168

Meeting Groups cryptocurrency Bitcoin 168

PYMNTS

OCTOBER 27, 2019

In an interview with Karen Webster, Jess Turner, executive vice president of North American Digital Payments at Mastercard , delved into the network giant’s expansion into the healthcare and supply chain spaces using advanced technologies such as blockchain, artificial intelligence (AI) and biometrics. Healthcare.

blockchain 101

blockchain Guidelines Fintech Fraud 101

PYMNTS

OCTOBER 27, 2019

In an interview with Karen Webster, Jess Turner, executive vice president of North American Digital Payments at Mastercard , delved into the network giant’s expansion into the healthcare and supply chain spaces using advanced technologies such as blockchain, artificial intelligence (AI) and biometrics. Healthcare.

blockchain 100

blockchain Guidelines Fintech Fraud 100

CFPB Monitor

MAY 18, 2021

The Board of Governors of the Federal Reserve System recently issued and invited public comment on proposed guidelines to be used by Federal Reserve Banks to evaluate requests for master accounts and/or access to Federal Reserve Bank (Fed) financial services, in order to support a more “transparent and consistent” approach to such requests.

Fintech 78

Fintech Guidelines Policies System 78

Independent Banker

DECEMBER 1, 2021

Increasing role of technology. Protecting your business and customer base – Investing in a partner with a strong focus on risk, compliance, and identity fraud prevention can give you peace of mind that your Know Your Customer (KYC) procedures are compliant, along with other regulatory guidelines.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

SEPTEMBER 25, 2020

The global tech firm has teamed with payment processors Fiserv, PTS, FIS, CoreCard, Galileo, i2c, TSYS and Marqeta to give them digital guidelines that will let clients get almost instantaneous access to card information and peace of mind to make secure transactions, among other benefits. Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. Progress has been made in modernizing information technology services for taxpayers,” he stated. However, further reforms are needed. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

MARCH 8, 2018

Therefore, First American works with clients to educate them about PCI compliance, customer service, security options — such as point-to-point encryption and tokenization — and merchant fraud and chargebacks, which the EVP said are merchants’ Achilles’ heel. Security comes first, said Dorchester.

Innovation 112

Innovation Security Industry Fraud 112

Gonzobanker

JUNE 25, 2021

1 technology priority for 2021 – ranking it considerably higher, even, than boosting efficiency or increasing revenue generating opportunities. Maintain a sharp focus on compliance and safeguards against fraud, but find the fast path to put the customer first. Technology. Organization.

Customer Experience 95

Customer Experience Fraud Policies Training 95

PYMNTS

JUNE 27, 2016

Caldera considers these segments “high risk” since the transactions they enable are more susceptible to fraud and money laundering. The regulations were vague, and were more like guidelines. Multi-level marketing: $32 billion. 4. Money transfer networks: $25 billion. What That Really Means.

Regulation 101

Regulation Guidelines Risk Management Operations 101

Insights on Business

NOVEMBER 20, 2017

Federal Reserve Bank are enabling their member banks with guidelines by being an advocate, educator, and, more importantly, a change agent to influence payments system policy and direction. The momentum with blockchain technology, it is no longer just a discussion. The Central Banking authorities like the U.S.

Payments 79

Payments Guidelines Digital Banking Industry 79

NCR

MAY 22, 2017

But as the number of data sources grows and technology to process it becomes more powerful, the trend is changing from a nice-to-have addition to becoming an essential part of any company’s offering. Fighting fraud. Big data has been one of the tech industry’s most popular buzzwords for a few years now.

Big Data 85

Big Data Data social media Fraud 85

FICO

MAY 7, 2020

Other benefits of including identity technology within the onboarding process can include extracting data from documents to populate application forms, reducing the effort needed by consumers. . Here's a video on how it works: The world is online, especially now.

Customer Experience 52

Customer Experience Guidelines Regulation Online 52

FICO

JANUARY 4, 2018

Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. fraud alerts) in accordance with the 1991 Telephone Consumer Protection Act (TCPA). Follow this blog for our 2018 insights into risk analytics and regulatory compliance. Read the full post.

Analytics 58

Analytics Data DC Millennials 58

PYMNTS

JULY 5, 2017

We work with some of the most innovative companies in the world around payments and other technologies, enabling us to become the spear of innovation for enterprises. That’s why we are well-versed in a number of agile practices like Scrum, Kanban and XP, to name a few.

Innovation 121

Innovation Customer Experience Mobile Security 121

NCR

AUGUST 18, 2017

Over the past year or so, major banks across the world have begun investigating what blockchain technology can offer to their business, with many use cases now being piloted. It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector.

blockchain 75

blockchain Technology cryptocurrency Study 75

Abrigo

JUNE 4, 2019

Software systems get upgraded; new technology gets implemented. Changes could stem from internal sources, like policies and procedures, new products, or product updates; or they could be external changes, like new compliance rules and regulations. Fraud scenarios that use single- and multi-channel fraud detection?

Fraud 150

Fraud System Handbook Policies 150

FICO

OCTOBER 10, 2018

In August, the UK’s Financial Ombudsman joined the debate on authorised push payment fraud. They argue that banks are not taking enough responsibility for this kind of fraud and say banks should not take the default position that their customer has been negligent.

Fraud 56

Fraud Payments Analysis Regulation 56

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. Many markets are using the EU’s approach to open banking and privacy as guidelines, but GDPR’s true reach remains unclear.

Regulation 154

Regulation Data US Washington 154

PYMNTS

APRIL 19, 2016

Payments technology provider linked2pay said Monday (April 18) that its Bank Centric Payments platform has been integrated with Chargent, the processing solution included in the Salesforce AppExchange. Chargent has been live since 2009.

Payments 100

Payments Guidelines Innovation Compliance 100

PYMNTS

MAY 8, 2017

House Committee passed proposed legislation last week that would require the National Institute of Standards and Technology (NIST) to create cybersecurity guidelines developed specifically for SMEs. Further, Kaspersky Lab found that 63 percent of FIs believe regulatory compliance doesn’t necessarily guarantee security.

Data 101

Data US Guidelines Cyber Security 101

Accenture

AUGUST 26, 2019

In addition, a number of revolutionary ideas have recently hit the financial services industry, including digital and cryptocurrencies, as well as distributed ledger technology and blockchain.

Industry 174

Industry Payments System Guidelines 174

FICO

MAY 6, 2022

Be fascinated by your customers, not your technology. This final digital banking commandment is therefore the key to successful digital transformation: bringing everything together like a symphony orchestra, which requires the right technology as well as a business culture that embraces learning and change – even if it’s uncomfortable.

Digital Banking 52

Digital Banking System Data Customer Experience 52

PYMNTS

JANUARY 27, 2017

Those tangible items can also be gateways to fraud. amid compliance initiatives, he continued, there is usually collaboration across the U.S. But the advent of technologies such as blockchain may help streamline things. But there are no hard and fast guidelines in the U.S. Perhaps you keep a passport in a side pocket.

blockchain 100

blockchain Security Guidelines Fraud 100

FICO

AUGUST 6, 2018

Recent news articles out of Ohio ( $4 beer dings Butler County Visitors Bureau in state audit ) highlights the reputational risks that can impact an organization when it fails to monitor spending for non-compliance or expenses abuse. These actions could have included new training and new formal guidelines.

Analytics 45

Analytics Guidelines Policies Taxes 45

Gonzobanker

OCTOBER 15, 2014

With mobile and web services technology, there has never been a better time to innovate usability. Bottomline Technologies, which acquired Intuit’s cash management offering in 2012, has partnered with Malauzai to deliver business mobile solutions, but there is still a long way to go in integrating and reconciling web and mobile offerings.

Management 101

Management Community Bank Community Resources 101

CB Insights

JULY 23, 2020

In this report, we dive into some of the technologies that will help address these concerns and influence the future of the office space, from autonomous cleaning solutions to people-counting sensors. Companies will have to look to guidelines from local and national authorities for each office location. Source: Elenium Automation.

Meeting 101

Meeting Tools Survey Company 101

FICO

AUGUST 27, 2018

Treasury is also correct to emphasize the need that any new innovations ensure data accuracy and comply with existing consumer protection laws and regulations including the Fair Credit Reporting Act, Equal Credit Opportunity Act, the Federal Trade Commission Act as well as compliance with model validation and management guidelines.

Policies 49

Policies US Fintech DC 49

FICO

JANUARY 5, 2023

The Consumer Financial Protection Bureau (CFPB) has indicated it will publish rules , not guidelines, aimed at strengthening consumers’ control over and providing portability of their financial account data, sometime in 2023. For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority.

Policies 52

Policies Company Regulation Risk Management 52