Gonzobanker

APRIL 20, 2020

Compliance plays an important role in a financial institution’s relationship with its customers. As banks evolve to a digital-centric operating model, one of the laments Cornerstone often hears from our clients is, “Compliance won’t let us do that.” Give Compliance a Seat at the Table – Early.

Compliance 78

Compliance Customer Experience Guidelines Technology 78

PYMNTS

APRIL 26, 2019

In the world of supply chain compliance, complex regulatory requirements like Know Your Customer (KYC) and anti-money laundering (AML) probably come to mind. There are also the challenges of supplier management, tax legislation, cross-border compliance, worker protection and more.

Compliance 147

Compliance Policies Guidelines Examples 147

Abrigo

OCTOBER 7, 2016

The benefits of utilizing e-commerce technology are readily apparent to us because they are personal: We find what we are looking for; we find it at a cheaper price; we can get it more quickly. Technology can also provide tangible benefits to a business, and in many cases, those benefits are financial. Assisting with compliance.

Technology 171

Technology Boston Software Study 171

Perficient

FEBRUARY 4, 2021

The Web Content Accessibility Guidelines (WCAG) were developed with these disabilities in mind and provide specific criteria for making a site accessible. By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. Heading Structure. Color Contrast.

UX 531

UX Guidelines Compliance Study 531

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Greater availability of data, facilitated by real-time integrations makes it possible for compliance experts to monitor a wide variety of sources.

Compliance 122

Compliance Management Regulation Analysis 122

Abrigo

AUGUST 25, 2015

Current technology has enabled auditors to analyze extensive amounts of financial data, allowing accounting professionals to more easily identify areas of risk. These technologies have also helped streamline time per audit and produced higher quality assurance. Is your firm taking advantage of these current technologies?

Technology 150

Technology Big Data Software Analysis 150

PYMNTS

MAY 19, 2016

The agencies said that the interagency guidelines state that the banks should “avoid or reconcile” what is credited to a customer account and how much was deposited. That points to some of the limitations of technology. the National Credit Union Administration, the Office of the Comptroller of the Currency and the Federal Reserve.

Guidelines 100

Guidelines Policies National Regulation 100

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

JANUARY 10, 2019

Stakeholders are trying to figure out measures to satisfy the requirements, while at present there is no real roadmap about what non-compliance might mean for firms, or how they can balance the demands of SCA with the desire to have as frictionless an experience as possible in place for the consumer. Looking for Exemptions.

Guidelines 173

Guidelines Compliance Fraud Cards 173

Perficient

SEPTEMBER 29, 2020

Now moving in the direction of utilizing AI, ML and NLP and RPA technologies, sometimes setting up the configuration without thinking through the scenarios of how the data will respond to your best intended changes can make a mess. Look at your case processing guidelines or coding conventions. Software must be to some extent.

Guidelines 294

Guidelines System Data Report 294

Abrigo

AUGUST 7, 2023

Assessing and preparing for staffing needs AML and fraud compliance is an essential obligation for financial institutions. Safeguarding the integrity and effectiveness of a financial institution’s anti-money laundering (AML) program is paramount to ensuring regulatory compliance and detecting illicit activity. We have your back.

Training 195

Training Fraud Leadership Resources 195

Insights on Business

FEBRUARY 14, 2019

Many financial services organizations are struggling to manage their risk and compliance exposure in the face of ever-increasing challenges. Next-generation GRC solutions offer the potential to ensure compliance with evolving regulations through transformative business capabilities.

Compliance 125

Compliance Risk Management Case Study Meeting 125

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

JANUARY 31, 2020

Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines. The European Data Protection Board (EDPB) recently issued updated guidelines for compliance with GDPR, aiming to help affected banks and businesses answer any lingering questions about the rule.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

American Banker

NOVEMBER 9, 2023

Speakers at DC Fintech Week highlighted ways forward for regulators to keep pace with artificial intelligence, such as by setting up "guardrails" before guidelines.

Regulation 86

Regulation DC Guidelines Innovation 86

PYMNTS

FEBRUARY 7, 2019

firms surveyed stated that non-compliance with GDPR could affect their reputations. Some of the heavy lifting of that data sharing may already have been done, noted McLain, as many security aspects of PSD2 are satisfied as long as firms are in compliance with GDPR.

Guidelines 190

Guidelines Data Compliance Regulation 190

PYMNTS

JUNE 18, 2020

. “With Ivalua’s current release, procurement and supply chain leaders are empowered to do so, not only to address the current crisis, but also to put in place a stronger risk and compliance management discipline for the years ahead.”

Management 141

Management Tools Guidelines Compliance 141

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

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

Bank Innovation

JULY 27, 2016

National Institute of Standards and Technology (NIST) released a draft of its latest guidelines on digital authentication this week, and it contains a disturbing bit of Read More. It might be time to say goodbye to those text messages containing PINs to help you log into your favorite banking site.

Guidelines 150

Guidelines Security National Technology 150

Abrigo

JULY 13, 2023

Crafty scammers exploit weaknesses in fraud and anti-money laundering (AML) compliance programs such as outdated technology, human error, or inadequate monitoring systems. Financial institutions can tackle the threat of pig butchering scams and other investment schemes to protect their clients.

Fraud 195

Fraud cryptocurrency Training social media 195

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? Here are some of the latest developments from the AML/KYC space. In the U.K.,

How To 170

How To blockchain Compliance Regional 170

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

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

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. But many of these businesses are also looking ahead to drive financial services efficiencies beyond coronavirus disruption.

Data 167

Data Lending Regional Fintech 167

PYMNTS

OCTOBER 18, 2018

AWS China head of territory business development Simon Wang told Coindesk that “Qtum [is] now an AWS technology partner and one of the partner network members.” In other news, Rwanda is looking to monitor the supply chain of a metal used in consumer electronics called tantalum with blockchain technology, Coindesk reported.

Bitcoin 144

Bitcoin blockchain Guidelines Software 144

BankBazaar

MARCH 18, 2020

We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. Our document collection agents follow appropriate safety guidelines as advised by health experts while interacting with customers.

Guidelines 78

Guidelines Policies Compliance Tools 78

PYMNTS

MARCH 19, 2018

Thus, against this backdrop, the announcement came this past week that Mastercard and IBM have partnered and formed a trust – Truata – that allows for analytics of, and protection of, data in compliance with GDPR. Think of it as outsourcing data analytics, to at least ensure that the data is in compliance.

Analytics 124

Analytics Data Compliance Tools 124

Insights on Business

JANUARY 3, 2019

Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. Regulatory compliance : Given these challenges, regulators from around the globe continue to act by issuing and amending guidelines on the usage of cloud and how to prevent and respond to cyber threats.

Risk Management 128

Risk Management Management Regulation Guidelines 128

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.

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.

blockchain 100

blockchain Guidelines Fintech Fraud 100

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 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Businesses that use real-time payments are more competitive, as the technology is becoming the standard for global commerce.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

JUNE 13, 2016

While the mobile technology can create lower-cost and friction-free alternatives for cross-border small-value payments, the same is subject to licensing under FEMA [Foreign Exchange Management Act, 1999],” Paytm clarified. Our statement in today’s newspaper was a step towards ensuring transparency in the ongoing service launch.”.

Payments 100

Payments Guidelines Compliance Mobile 100

Perficient

FEBRUARY 26, 2021

When introduced, it is usually characterized as a legal requirement for ADA compliance or as part of a contract with a client. Meeting the Web Content Accessibility Guidelines (WCAG) criteria for contrast levels is important to help users read and differentiate between sets of content. Accessibility isn’t often taught to developers.

Online 420

Online Study Guidelines Customer Experience 420