Abrigo

FEBRUARY 6, 2024

How robust is your compliance program? By navigating these challenges with a well-thought-out approach, credit unions can successfully contribute to individual and national economic growth.

Lending 221

Lending How To Risk Management Policies 221

BankInovation

MARCH 16, 2021

Regulation E compliance: The Federal Reserve Board’s Regulation E outlines the rights, liabilities and responsibilities for electronic fund transfer (EFT) participants. If a customer claims a claim is fraudulent, then a dispute form must be filed, provisional credit issued, and the bank has a limited time to investigate.

Compliance 86

Compliance Regulation How To 86

Payments Dive

MAY 23, 2019

Choosing the right payment processor for your business, whether it be a retail shop, restaurant or service provider, is a critical decision that requires several major considerations, including security, PCI compliance, convenience and ease of use.

How To 390

How To Payments Compliance Retail 390

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance. This issue looms larger than ever during the pandemic.

Compliance 178

Compliance Meeting Payments Cards 178

Abrigo

JUNE 2, 2021

Does it address a “culture of compliance”? Culture of compliance. FinCEN issued an advisory in 2014 highlighting the importance of a strong culture of compliance for senior management, leadership, and owners within financial institutions. This includes compliance from top, to middle, to frontline leadership. Calibration.

How To 195

How To Training Compliance Policies 195

FICO

MAY 2, 2023

I sat down with UK lenders in two roundtable discussions in March to explore the different approaches being taken to Consumer Duty compliance. Organisations need to hammer out how to deliver good outcomes to consumers, through all of the available channels.

Compliance 52

Compliance How To Tools Strategy 52

Abrigo

DECEMBER 27, 2014

According to a 2014 IBISWorld report, financially-cognizant companies are increasingly turning to their accounting firms for advice on how to reduce inefficiencies in daily operations and eliminate unnecessary costs. The question is not if your firm should provide business advisory services, but when and how to start.

Compliance 150

Compliance How To Taxes Operations 150

PYMNTS

AUGUST 23, 2019

Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. In her view, financial institutions are indeed coming together to share common compliance concerns, and in doing so, are working openly to create innovative solutions and put the pieces together.

Compliance 192

Compliance Security Payments Community 192

Abrigo

JULY 10, 2023

Help your team plan for the unexpected with this webinar: "Building a strong future: Succession planning strategies for your AML program." Help your team plan for the unexpected with this webinar: "Building a strong future: Succession planning strategies for your AML program."

Fraud 150

Fraud How To social media Security 150

Perficient

MARCH 17, 2021

All of these concepts and strategies will help you paint a fuller picture of how to effectively manage and execute your cycle count. In Cycle Counting: How to effectively use – Item vs. Location , we talked about splitting up your counts by item or by location. All count reviews must meet internal compliance initiatives.

How To 309

How To Strategy System Compliance 309

Abrigo

DECEMBER 7, 2021

In that case, this could indicate a lack of a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for BSA/AML and OFAC compliance. How to Conduct an Exam-Proof BSA/AML Risk Assessment. Fraud Prevention.

How To 195

How To Fraud Analysis Compliance 195

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. How to Establish Quality Fintech Partnerships. How is Your Institution’s Loan Review Function Organized? Make the most out of your fintech partnership. Download Guide.

Fintech 195

Fintech How To Innovation System 195

Perficient

MARCH 21, 2021

In this day and age, protecting your organization’s sensitive data has started to become exceedingly difficult. Where remote work has become the new norm, you will likely see many end-users using their own unmanaged devices to access corporate information.

Data 520

Data How To Policies Security 520

Perficient

MARCH 22, 2021

This time we’ll take things a step further and show you how to restrict specific activities like cut/copy, paste, and printing! Welcome back! Last time we talked about controlling file downloads of sensitive content by using a session policy in MCAS.

How To 520

How To Policies Data User Experience 520

PYMNTS

SEPTEMBER 25, 2019

An explosion of FinTechs looking to fill the gaps left across under-banked and under-financed populations, including, in many markets, small businesses, has watchdogs exploring how to promote financial inclusion and access to capital while maintaining borrower protection. Data Solutions For Data Problems.

Compliance 117

Compliance Risk Management Lending Regulation 117

PYMNTS

MARCH 24, 2017

Compliance is also becoming an enterprise-wide endeavor, and compliance officers must adopt a global mindset. When asked as to what the three things that are most urgently in need of attention when it comes to compliance and fraud, Gurz said that “one is balancing efficiencies versus risk.

Compliance 157

Compliance Fraud Regional Examples 157

CFPB Monitor

JANUARY 27, 2020

The CFPB published a policy statement in today’s Federal Register to announce that, going forward, it is establishing a new “Compliance Aids” designation for certain Bureau guidance. In the Supplementary Information accompanying the Policy Statement, the Bureau gives examples of compliance resources it has previously released.

Resources 78

Resources Policies Compliance Exercises 78

PYMNTS

NOVEMBER 9, 2018

MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of new compliance rules to stop fraudulent transactions, which has hurt top line momentum — and which will continue. Compliance Efforts, Continued.

Compliance 160

Compliance Fraud Operations Management 160

Abrigo

MAY 2, 2017

While it sounds great in theory and everyone agrees, just how is this to be accomplished when most of your efforts are currently focused on finding new clients for the seeming financial security of gaining a heap of tax and compliance work? Make more money working fewer hours.

How To 150

How To Taxes Compliance System 150

PYMNTS

MARCH 5, 2019

The specific reasons for the non-compliance was not released. Following that scandal, RBI sent out a new and confidential directive on how to use SWIFT, which meant that most banks had to completely redo how they handled the payments system. When RBI checked for compliance, it found gaps in more than 20 places.

Compliance 140

Compliance Fraud Guidelines System 140

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

PYMNTS

MARCH 8, 2018

and group compliance director, explained to PYMNTS how online tools can make remote identity verification even more robust than in-person processes — and also help kick cross-border payments into higher gear. “[But] we’re projecting by 2021, it’ll take up the majority of the market.”. Digitizing Identity Verification.

Compliance 101

Compliance Regulation Online Payments 101

PYMNTS

JULY 2, 2018

According to John Epperson, principal at Crowe LLP , that goes to show that the current approaches to regulatory and compliance technology ( RegTech ) aren’t working. That conflicts with organizations’ compliance needs, as they require a certain level of information to meet the standards. Common Concerns. Why RegTech?

Compliance 109

Compliance Regulation Meeting Strategy 109

PYMNTS

JANUARY 30, 2019

How can they rest assured that their trading partners are trustworthy and who they claim to be? 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 financial services market, trust is an essential component.

How To 170

How To blockchain Compliance Regional 170

Banking Exchange

MARCH 17, 2021

Fraud attempts rose last year, but some banks are still not taking all the precautions they could Risk Management Consumer Compliance Cyberfraud/ID Theft Compliance/Regulatory Security Feature3 Feature Payments.

Fraud 78

Fraud How To Risk Management Compliance 78

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

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Comparison Industry 150

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 221

Training Compliance Fraud Policies 221

Abrigo

DECEMBER 19, 2022

Given the demands of day-to-day duties, however, it can be challenging for BSA officers and other financial crime compliance staff to find time for training and education on fraud and money laundering. A strong culture of compliance should be reflected in MA& plans, and critical areas should be considered.

Resources 195

Resources Training Fraud Compliance 195

Perficient

FEBRUARY 25, 2021

Once you access your data, how do you leverage that data to drive business forward? This episode will outline how to monetize your data and gain the necessary competitive edge. How to enable insights and data analytics across the supply chain [18:14]. Listening Guide. Geo-political issues and product distribution [4:23].

Data 452

Data Analytics Apple Google 452