American Banker

FEBRUARY 9, 2024

In a surprise move this week, banking veteran Sandro DiNello was appointed executive chairman of the embattled Long Island-based company, whose stock plummeted in the face of questions about its financial health.

New York 83

New York Community Company Risk Management 83

Banking Exchange

APRIL 13, 2020

Banks will need to process approximately 50 times their normal annual volume in the next 30-60 days under the Paycheck Protection Program Retail Banking Risk Management Compliance Fair Lending Feature3 Fintech Feature Outsourcing/Cloud.

New York 78

New York Risk Management Compliance Lending 78

PYMNTS

SEPTEMBER 17, 2019

Metro Bank senior managers are being grilled by the U.K. Six months later, the financial regulator said the probe was widened to involve “certain senior members of management.” Regulators are also looking over Metro Bank’s regulatory reporting and governance for compliance. . “As

Metro 116

Metro Management Regulation New York 116

The Paypers

JULY 12, 2021

US-based private equity firm K1 Investment Management has made a USD 120 million investment in New York-based Compliance Science , a fintech in the regulatory technology space.

Compliance 41

Compliance New York Fintech US 41

PYMNTS

SEPTEMBER 9, 2020

New York City will reinstate indoor dining as of Sept. The reason for the reopening of indoor dining, Cuomo said, is because compliance with distancing restrictions among New York City restaurants has now exceeded 99 percent. A recent report from New York City Comptroller Scott M.

New York City 141

New York City New York Apple Compliance 141

PYMNTS

JANUARY 13, 2019

A talent war in New York is heating up with Amazon opening up its second headquarters in the city and Google expanding its presence. According to a report in CNBC , with unemployment at record lows, demand for tech talent and support services — including advertising, FinTech, accounting, and compliance — is booming.

New York City 134

New York City New York Google Marketing 134

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. The DFS’ investigation discovered that traders used emails, phone calls and personal meetings to try to rig transactions.

New York 128

New York Compliance Risk Management Meeting 128

Insights on Business

JULY 20, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 96

Risk Management Management Compliance New York City 96

Abrigo

OCTOBER 23, 2014

But how can this growth be managed appropriately? CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down.

Risk Management 186

Risk Management Management Lending Resources 186

PYMNTS

JULY 15, 2020

said Revolut is its first customer for its new product, the Paxos Crypto Brokerage. According to New York-based Paxos, the API-based solution is designed to enable companies to “integrate cryptocurrency buying, selling, holding and sending capabilities into their own applications.”. “The

US 233

US cryptocurrency FDIC Compliance 233

PYMNTS

APRIL 28, 2020

Richard Weber has been named to the position of general counsel at the New York State Department of Financial Services (DFS), according to an announcement from Superintendent of Financial Services Linda A. Rich brings unquestioned integrity, legal acumen, and management experience to DFS,” Lacewell said in the announcement.

Bitcoin 168

Bitcoin Cards New York Fraud 168

FICO

JANUARY 8, 2020

Specifically: Cybersecurity risk awareness is on another expansion wave, as a best-practice component of third-party risk management (TPRM). At long last, fraud and compliance infrastructures are starting to converge. Fraud and Compliance Infrastructures Converge. Use of AI and ML in Compliance Will Expand.

Compliance 52

Compliance Fraud New York City Analytics 52

Insights on Business

OCTOBER 9, 2018

As market conditions and business requirements are constantly changing, IBM Sales Performance Management (SPM) continues to lead the industry with adaptive, scalable tools that are designed to drive efficient, agile solutions for your enterprise sales teams. Incentive compensation management. GDPR compliance.

Management 79

Management New York City New York Industry 79

PYMNTS

JUNE 12, 2019

Enterprise spend management company Ivalua is launching its solution designed for the public sector as criticism mounts over the firm’s contract with New York City. The suite includes a public portal of catalogs, as well as FOIA and bid protest management tools.

Tools 108

Tools New York City New York Management 108

PYMNTS

JULY 2, 2020

EedenBull, which is based in Norway, Scotland and Singapore, launched its commercial card platform in May to support financial institutions’ management of their own business cards and integrated rewards programs. Global Cash Card’s Legal Saga Ends. ADP Eyes Payroll Card Adoption Jump.

Cards 208

Cards New York Capital Compliance 208

FICO

NOVEMBER 1, 2016

Some policy leaders, like those in New York, are not deferring to the federal government to take the lead. On September 13, the New York Department of Financial Services (NYDFS) proposed first-of-its-kind cybersecurity rules covering a wide range of banks, insurers and financial services companies under its jurisdiction.

New York 40

New York Regulation Policies National 40

PYMNTS

JANUARY 5, 2018

Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services. 4) the fine for violations of the New York Bank Secrecy Act and anti-money laundering laws. The DFS noted that Western Union has a history of compliance issues.

New York 116

New York Fraud Compliance Report 116

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. That will have the effect of streamlining customer enrollments and payment processing.

Payments 240

Payments User Experience New York Fraud 240

PYMNTS

NOVEMBER 22, 2019

Richard Ashton, deputy general counsel for litigation, enforcement and system matters, said at a conference in New York that the Federal Reserve is considering an audit of tech firms’ compliance policies and governance structures. Can we look at their overall compliance management program?”.

Security 116

Security Policies Conference Compliance 116

PYMNTS

SEPTEMBER 30, 2020

In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new executive for global market infrastructure. The news follows Jumio’s Sept.

Marketing 130

Marketing New York Cards Conference 130

Perficient

JANUARY 4, 2022

In 2019, Bank of America’s chief executive, Brian Moynihan, prohibited the company’s wealth managers from putting any client money into cryptocurrency-related investments. Bank of New York Mellon. Bank customers with a custody solution that “meets the highest security, compliance and regulatory standards.”.

cryptocurrency 309

cryptocurrency Marketing Bitcoin America 309

Perficient

AUGUST 16, 2023

Lessons To Be Learned While Heartland Tri-State Bank of Elkhart is, by far, the smallest to fail in the past year, with the next closest in size being Signature Bank in New York (Signature failed on March 12 th , 2023 with $110 billion of assets and $88.6 billion in deposits), the failure still poses lessons for bank executives.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

FEBRUARY 11, 2020

Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported. Besides engineering, we are investing in growing and scaling data science, analytics, and product management organizations to transform Hyderabad into a full spectrum tech site for Uber.”. of India (NPCI).

San Francisco 186

San Francisco Fintech Analytics New York 186

Insights on Business

MAY 19, 2017

In the area of regulatory compliance, however, simply keeping up with the volume and variety of new and changing regulations is high on the priority list of virtually all organizations. That’s where Watson Regulatory Compliance Analytics comes in. A solution “pre-trained” for compliance. 300 million pages of regulations.

Compliance 160

Compliance Analytics Regulation Training 160

ABA Community Banking

DECEMBER 3, 2015

It comes down to reality Management Duties Compliance Blogs AML & Fraud BSA/AML.

New York 40

New York Fraud Compliance Management 40

PYMNTS

FEBRUARY 13, 2019

The move targets one of the largest pain points of Know Your Customer (KYC) compliance for businesses and their financial institutions (FIs): the complexity linked to corporations that use multiple banks across multiple jurisdictions. law enforcement led to 13 arrests in New York in 2017. ”

Compliance 160

Compliance Regulation Charlotte Data 160

PYMNTS

MAY 7, 2020

As the week plays out, inconsistent direction and confusion have been standard with New York, Texas, California and Hawaii getting criticized by retailers big and small. If they choose not to come into compliance with the state guidelines, they have that right,” Newsom said. For example, the Bay Area. Northern California.

Retail 141

Retail Texas Guidelines New York 141

ForwardBanker

MARCH 15, 2017

Given the historical references of the Ides of March in world literature, The post Is the New York Cybersecurity law a turning point? The Ides of March is a historical reference to a turning point in world history with the shift in power in Roman history, following the assassination of Julius Caesar. appeared first on Deluxe FI.

New York 28

New York Compliance Management 28

Perficient

AUGUST 8, 2022

A digital asset subject matter expert and program manager who didn’t own a non-fungible token? My opportunity came via email from the Baseball Hall of Fame in Cooperstown, New York, as I have been a supporting member for many years. Would you trust an electrician who lived in the dark?

New York 275

New York Branding Security Cards 275

American Banker

NOVEMBER 3, 2021

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New York 83

New York Regulation Risk Management Compliance 83

PYMNTS

JUNE 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. “That has to be the core of the system, to be able to manage procurement.”

New York City 145

New York City New York Nevada Payments 145

Insights on Business

MARCH 5, 2019

The IBM Watson Financial Services and Promontory teams are proud to be sponsoring an upcoming PRMIA event (Professional Risk Managers International Association) on March 21 in New York City, to discuss how organizations are managing risk by scaling Promontory’s deep regulatory insight with IBM’s cognitive technologies.

New York City 70

New York City Cyber Security New York Risk Management 70

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. If you don’t have compliance from the top down, document it, and look for another job,” she says.

Resources 195

Resources Regulation Compliance Policies 195

Insights on Business

JULY 18, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 70

Risk Management Compliance New York City Innovation 70

PYMNTS

DECEMBER 13, 2018

The new site aims to improve online functionality with an enhanced user experience, as well as keep MED5 FCU in compliance with the Americans with Disabilities Act. AML Compliance Turns CUs Into Law Enforcement. Meanwhile, another partnership could change the way users engage with a CU’s network of ATMs.

Regulation 135

Regulation South Dakota ATM New York City 135