PYMNTS

JANUARY 25, 2019

PSD2 may have a greater effect on payments, even outside the EU, as consumers all over the globe are clamoring for more data security. consumers, for instance, want the right to know where their personal data is and how it’s being used, according to recent surveys. Eighty percent of U.S. Read more by downloading the Tracker.

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Operations Regulation Data Trends 195

PYMNTS

MARCH 8, 2018

It also requires finding faster ways to securely address customer identification program (CIP) obligations and know your customer (KYC) requirements. WorldRemit is focused on P2P , and its experience has implications for B2B operations, Nazzaro said. Having those compliance checks in place is crucial for a cross-border operation.

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Compliance Regulation Online Payments 101

PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

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PYMNTS

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. The need to secure open banking has only grown as financial criminals have stepped up to exploit disruptions caused by the COVID-19 pandemic, he added.

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Security Fintech Data Fraud 174

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit.

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Operations blockchain Payments Apple 100

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.

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Compliance Technology User Experience Analytics 107

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. Developers keen on addressing these concerns must carefully consider how to design and connect their devices to provide reliable, secure performance. How Z-Wave works . The three mandates .

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Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

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PYMNTS

SEPTEMBER 6, 2019

The sharing economy is a two-way street that operates on trust between suppliers and customers, and that trust is even more important for high-value exchanges like home shares. Regulations and Compliance. Especially when a marketplace operates in multiple markets worldwide. The less [user] information we store, the better.

Security 125

Security Data Online Regulation 125

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 experts are concerned about this model because TPPs can limit an FI’s visibility into how funds flow in and out of its systems and through the ecosystem.

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Compliance Regulation cryptocurrency Marketing 52

PYMNTS

SEPTEMBER 9, 2019

How can international businesses streamline their cross-border operation systems to overcome these frictions? The ideal cross-border payment solution provides speed, security and compliance and transparency, while also being ubiquitous enough to be widely available for use.

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Payments Compliance Meeting System 174

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

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Data Security Software Community 535

PYMNTS

DECEMBER 19, 2019

For how long? Well, that is where things get a little bit confusing, Arjun Kakkar, vice president of Strategy and Operations at Ekata , told PYMNTS in a recent interview. What will that compliance look like in the in the EEA and around the world? It was supposed to go into effect on Sept. Why Bigger is Better in SCA Adoption.

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Compliance Regulation Strategy Training 102

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Gearing up for GDPR.

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Compliance Data Security eBook 179

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation. billion in fraud losses in 2022.

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Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Many banks are still operating with legacy systems and applications.

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Security social media Video Policies 70

Abrigo

JANUARY 24, 2024

A second fraud management and prevention consideration for credit unions is that FedNow will operate around the clock every day of the year. For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. How to accept, reject, or accept without posting.

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Fraud Payments Software Policies 221

PYMNTS

MARCH 29, 2019

She doesn’t know how to do this on her own, so she posts a job offer online. At least, that’s how it should work. Unfortunately, smoothly and securely connecting employers and freelancers from around the globe is no easy task. Global Security . Say a hostel owner in Spain wants to freshen up her website with new images.

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Security Video Fraud Tools 101

Cisco

NOVEMBER 23, 2020

Meet the secure branch of the future. Providing reliable, secure connectivity while turning data into intelligent insights about how your branch infrastructure is operating—and how it can operate better—is critical. As we look ahead to 2021, a few key areas of focus stand out. They allow you to: .

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Customer Experience Analytics Video Resources 149

Abrigo

NOVEMBER 17, 2023

This , of course , doesn’t include fraud losses that were not filed due to the victim's embarrassment or lack of knowledge on how to report. Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense.

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Fraud Training Trends Compliance 195

Celent Banking

MARCH 2, 2017

And, if the relationship involves a high or critical risk activity, the bank will carry out a much more thorough due diligence; often including an on-site visit to inspect operational risk procedures in the case of a risk event. How to Become a Trusted Partner of a Bank, Part 2: A Proactive Approach by Third Parties to Risk Management.

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How To Risk Management Management Regulation 100

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. KW: You talk about technology and how you’re using it to innovate the experience. How do you manage security and risk? FinTech operators are very nimble.

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PYMNTS

OCTOBER 29, 2020

Customers expect payments to be as fast and friction-free as any other part of their digital lives, and providers are faced with the challenge of meeting this expectation while also ensuring that payments are secure and compliant with regulatory requirements. How Cloud Innovations Augment Business Payments.

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Payments Fraud Meeting Security 213

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? How to accept.

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Fraud Payments Security Resources 195

Abrigo

APRIL 7, 2022

Not only are there in-house factors to consider, such as staffing proficiency, gaps in expertise, and niche markets to learn about, but if the institutions have dissimilar outlooks on security and compliance culture or widely different loan policies , due diligence requires you to assess potential concerns. Proactive Planning.

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Compliance Policies Fraud Analysis 195

PYMNTS

OCTOBER 18, 2018

In July, reports in the Financial Times said Switzerland is working to open the nation’s traditional corporate banking market to cryptocurrency companies finding it difficult to get banked, thanks to fears over anti-money laundering (AML) violations and other compliance issues. “Time is pressing,” he said.

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Guidelines cryptocurrency blockchain National 213

PYMNTS

SEPTEMBER 10, 2018

That includes tokenization, too — specifically, Multi-Variant Tokenization, a new proprietary technology from TokenEx that was designed to enhance how businesses operate and interact with sensitive data. It’s all made possible by tokenization , which has a future in not only securing transactions, but also in making them frictionless.

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Compliance Data Security Payments 101

PYMNTS

OCTOBER 20, 2017

PayPal, for example, was never able to secure a payments license in China, so the platform never even had the opportunity to localize. The market, he said, is much faster than other markets in which they may operate successfully. Regulations can be another killer for cross-border business, Wang said. The Other Way Around.

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Perficient

AUGUST 9, 2022

Institutions must also prioritize regulatory compliance and be vigilant about carrying out consequences when their employees breach these expectations. Building trust is not limited to overarching company leadership. It is established through offering personalization without judgment.

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Community Customer Experience ATM Examples 275

PYMNTS

JULY 21, 2020

At the same time, however, these innovations have also introduced unfamiliar disruptions to antiquated workflows, creating new challenges for treasurers to understand how to readjust their processes and cash flow management strategies as their role within the enterprise grows more complex and valuable. ” Challenge Turned Opportunity.

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PYMNTS

MAY 27, 2020

CUs are also faced with the challenge of how to adjust their operations to match new legal regulatory requirements, such as those stipulated in the CARES Act, and the Credit Union National Association (CUNA) hopes to help. About The Tracker.

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ATM Innovation Meeting United States 243

Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Too often cloud adoption can just happen, and security teams are asked reactively to make it secure and compliant.

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Innovation Seattle blockchain Customer Experience 79

PYMNTS

JUNE 29, 2020

The pandemic has spurred businesses — by necessity — to use digital means to interact with their employees and to keep operations humming. Employers are trying to figure out how to pay people, and we are in an environment where we are all working from home,” she told PYMNTS.

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Cards Compliance Regulation Payments 236

PYMNTS

JANUARY 26, 2021

I would say [COVID] is actually helping our business because many of these companies that are now doing the work-from-home hybrid model are all looking to figure out how to get back to the office,” Mashiyev said. They're looking to figure out when, and how they can safely do so.”. Moving Target.

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Management Company US Compliance 291

PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

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ATM Operations Customer Experience Security 101

Insights on Business

FEBRUARY 11, 2019

In the beginning of the cloud computing era, “private clouds” promised the scalability, flexibility and manageability of public clouds, combined with the security and control of on-premises data center environments. Our financial crimes and compliance platform was specifically designed to run on the hybrid cloud.

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Compliance Security Big Data Analytics 87

PYMNTS

DECEMBER 11, 2019

Many legal cannabis businesses continue to rely on cash, paper and offline methods of communication to conduct operations without access to traditional financial services. However, the regulatory pressures of the marijuana business can also mean the opposite. Traditionally, B2B commerce is conducted over the phone and via email.

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Payments Industry Compliance Technology 130