PYMNTS

NOVEMBER 26, 2019

But financial regulatory compliance can be a headache for any market. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Just ask Sergiy Barybin, CEO of Lithuanian cross-border payments technology company SatchelPay. An Opportunity for Collaboration.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

SEPTEMBER 10, 2019

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . Collaborations can help ease the challenges of compliance for companies seeking to keep their conduct above board. How Mobile Financial Startups Can Bridge the Security Gap.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

JANUARY 7, 2019

Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. The B2B payments business and our sophisticated customers require reliability, visibility and strict controls,” said Finexio CEO Ernest Rolfson in a press release.

Compliance 109

Compliance Payments Florida System 109

PYMNTS

SEPTEMBER 16, 2020

Cloud enterprise resource planning (ERP) company Acumatica has rolled out its Acumatica Advanced Expense Management and Electronic Bank Feeds for its Acumatica Cloud ERP solution, which will increase automation and electronic banking, according to a press release. Digital spend management tools could offset some of the damage.

Tools 190

Tools Management Cards Resources 190

PYMNTS

JUNE 29, 2020

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. Automated risk management solutions can be helpful in theory.

Compliance 191

Compliance Risk Management Training Analysis 191

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360. CreditEnable.

Security 204

Security Fintech Capital Management 204

PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

Cards 270

Cards Payments Technology Compliance 270

PYMNTS

DECEMBER 7, 2020

Adflex has unveiled a new initiative aimed at boosting supply chain merchants’ ability to accept card payments from buyers as eCommerce booms amid the coronavirus crisis. Patrick Bermingham , CEO of the B2B payments specialist, said in a Monday (Dec. With Payment Links Adflex has redressed the balance.”.

Payments 163

Payments Compliance Cards Security 163

PYMNTS

AUGUST 23, 2018

The data security requirements have wide-reaching implications for businesses across sectors, but as companies expand globally and business partners connect on digital channels, supply chains’ GDPR compliance is an increasing focus of security and compliance initiatives in the enterprise.

Compliance 119

Compliance Data social media Security 119

PYMNTS

JUNE 1, 2017

Cross-border B2B payments company PayCommerce is strengthening its compliance position through a new partnership with Dow Jones. PayCommerce said Wednesday (May 31) that it is working with Dow Jones Risk & Compliance to add enhanced screening and compliance features to its global corporate payments offering.

Compliance 111

Compliance Regulation blockchain Payments 111

PYMNTS

JUNE 19, 2020

Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no easy feat. There are ways to effectively manage these logistical issues, however. There are ways to effectively manage these logistical issues, however.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release. API standards accelerate the introduction of new services.

Management 179

Management America New York Regional 179

PYMNTS

JUNE 4, 2020

B2B payments are rife with frictions, including high processing costs, slow transaction times and industry players’ reluctance to embrace electronic payments in lieu of paper checks. Ensuring such payments are secure from bad actors is a priority for the banks that process them. Benefits Of APIs .

Security 151

Security Fraud Payments Compliance 151

PYMNTS

APRIL 13, 2017

But the company also knew that in order to provide the best security and best customer experience simultaneously, it would need to exceed the Payment Card Industry (PCI) Security Standards Council standards. Moving Forward with a Trusted Partner. After evaluating a variety of software and hardware offerings, WOW!

Meeting 101

Meeting Compliance Security System 101

PYMNTS

JULY 11, 2019

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing.

Compliance 128

Compliance System Fraud Data 128

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. We need to manage risk appropriately, but open banking is a good thing,” Davies said.

Security 174

Security Fintech Data Fraud 174

Perficient

OCTOBER 12, 2020

We are excited to announce our partnership with Kyriba and dedicated practice to provide our Oracle clients with a robust cloud-based treasury management solution. Payment fraud is now a high-priority concern. Bank connectivity is one of the most complicated aspects of an ERP project. ” .

Risk Management 309

Risk Management Fraud Management Compliance 309

PYMNTS

MARCH 17, 2020

To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs — especially incumbent FIs — are facing rapid changes in payments that demand they modernize payments processing, embedding new functionality along the way. The Need For Standardization In Cross-Border Payment Processing.

Innovation 228

Innovation Payments System Security 228

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. The tool is aimed at improving speed, security, transparency and compliance. .

America 261

America Payments User Experience Tools 261

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Delivering collateral management as a service, rather than deploying on-premise software, dramatically reduces the cost of ownership for users and delivers fast results.”. Corporate headquarters. 4 Kingdom Street.

Compliance 60

Compliance Management Regulation Software 60

PYMNTS

MAY 22, 2019

As the need for speed increases worldwide, banks and other financial players are adapting payments to work smarter — not harder. As transaction times grow tighter and cover more distance, several companies are looking to add solutions for cross-border payments that still satisfy regulatory requirements.

Fraud 180

Fraud Payments Regulation Security 180

PYMNTS

OCTOBER 2, 2018

Tanium, which provides organizations with an IT security platform, raised $200 million from Wellington Management, Baillie Gifford & Company and Adage Capital Management, pushing Tanium’s valuation up to $6.5 According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

Security 134

Security California Data Management 134

Independent Banker

DECEMBER 31, 2022

1, and applicable to the first quarterly assessment period of 2023 with an invoice payment date of June 30, 2023. The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. The revised rate schedules will be effective Jan. Quick Stat.

Compliance 100

Compliance FDIC Community Bank Community 100

PYMNTS

DECEMBER 27, 2019

Manual expense management tools had their time in the spotlight, largely because they were the only options available for employee reimbursements and cash flows. Today’s corporations are happy to bid goodbye to these time-consuming, paper-based processes and turn to online, automated expense tracking products for their spend management needs.

Management 132

Management Cards Policies Compliance 132

Perficient

SEPTEMBER 16, 2022

Legal status – There is some question regarding the legal status of many crypto-assets – is it a security, is it fungible, is it a derivative – as well as the very limited legal precedent regarding how crypto-assets would be treated in varying contexts, including, for example, in bankruptcy court. Determining Legality. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

PYMNTS

NOVEMBER 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. Can we look at their overall compliance management program?”. 21), citing a senior official. The Annual Conference held Nov.

Security 116

Security Policies Conference Compliance 116

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

MARCH 24, 2017

Detecting financial crime activity is no longer a payments problem siloed by job title and sloughed off to payments professionals — it is an organizational effort. As more payments go digital, bad guys must be more closely scrutinized by all levels of any organization. Another is how to manage and control false-positives.

Compliance 157

Compliance Fraud Regional Examples 157

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

PYMNTS

OCTOBER 1, 2020

In today’s top news, SWIFT launched a service for low-value cross-border payments, and the U.K. SWIFT Launches Service For Low-Value Cross-Border Payments. SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. UK Cracks Down On Late Payments To Suppliers.

Payments 172

Payments Operations Fintech Compliance 172

Perficient

FEBRUARY 29, 2024

As new regulations come into play, embedded lending is becoming increasingly prevalent, highlighting the need for banks to leverage data analytics and automation effectively while ensuring compliance with regulatory standards. Debt Collections During times of financial difficulty, considered customer communications are essential.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

APRIL 10, 2020

This reflects the complexities of a payment chain in healthcare that involves multiple entities, including patients, insurers, providers and government agencies. In many realms of businesses, machine learning (ML) and artificial intelligence (AI) have yielded powerful tools to manage such complex matters.

Fraud 362

Fraud Payments System United States 362

PYMNTS

SEPTEMBER 24, 2020

When it comes to payment rails innovation, financial service providers can either improve upon existing infrastructure, or build entirely new rails altogether. FIS, The Clearing House Link For Real-Time Payments. s newest payment rails, RTP, FIS and The Clearing House are pairing up with a focus on smaller FIs.

Payments 187

Payments blockchain Fintech Innovation 187

PYMNTS

JUNE 21, 2018

If data within the Internet of Things (IoT) is not secured properly, it puts people’s overall safety in jeopardy — and it’s not just about loss of sensitive personal data. In fact, according to UL , the even greater threat is that an attacker could take over the functionality of poorly secured devices. The Evolution of IoT.

Security 197

Security Regional Resources Management 197