PYMNTS

APRIL 22, 2019

However, both sides struggle with making trade finance profitable, and maintaining compliance. A recent survey from Strategic Treasurer found that 77 percent of banks point to KYC as the biggest hindrance to supply chain finance operations. .” ” Below, PYMNTS looks at some of the data points behind these conclusions. .

Compliance 134

Compliance Regional Survey Fintech 134

FICO

SEPTEMBER 12, 2019

A new independent survey by research firm Ovum has found that banks in multiple regions plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines — but not all at the same speed. said TJ Horan, vice president of fraud solutions at FICO. by FICO.

Fraud 49

Fraud Management eBook Compliance 49

Bobsguide

MAY 8, 2022

A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. They just adapt existing components to their regions to provide full compliance with regulatory requirements. Cloud has moved from leading edge to the baseline of banking success.

Compliance 166

Compliance Risk Management Digital Banking System 166

FICO

NOVEMBER 16, 2022

Our recent global survey reveals the investment priorities and functionality requirements for enterprise-level fraud solution buyers. In August 2022, we commissioned a survey of 156 global executives and managers from retail banks and retail financial institutions. Pain Points in Fraud Management Vary by Region.

Fraud 52

Fraud Data Survey Regional 52

PYMNTS

DECEMBER 27, 2017

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

Compliance 100

Compliance Leadership Training Innovation 100

Abrigo

APRIL 21, 2023

Continuous monitoring within the credit review process at banks and credit unions also supports appropriate risk communication with the institution’s management and board of directors. A survey-based workflow works well for some institutions to help reviewers quickly determine whether the credit looks good or needs more work.

Lending 195

Lending Risk Management Software System 195

PYMNTS

SEPTEMBER 5, 2017

Separate research from Reliant Funding, also released last week, found that the majority of SMBs surveyed agree their local governments promote small business growth. The director said that cost of compliance was the most surprising finding from the report. Today (Tuesday, Sept.

Compliance 118

Compliance Survey Training Regulation 118

South State Correspondent

JANUARY 4, 2023

The irony here is that more than half the banks we recently surveyed had some goal and metric around asset growth. Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023. Why “Growth” is Not on The List.

Community Bank 195

Community Bank Capital Lending Training 195

Bobsguide

JUNE 10, 2022

EMIR Refit: 69% of firms expect serious challenges when building up matching, reconciliation and exception management capabilities. The study found that 69% of firms were expecting serious challenges when building up their matching, reconciliation and exception management capabilities.

Regulation 88

Regulation Resources Study Compliance 88

FICO

MAY 25, 2017

As the fallout out continues to ripple across the world, we decided to ask 37 executives from financial institutions across the Asia Pacific about tax evasion and how they thought it would impact the region. A further one in five senior fraud managers surveyed said they expect the increase to be up to double last year’s levels.

Taxes 40

Taxes Survey Compliance Regional 40

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. Different regions have their own unique payment rails, and no two abide by the same regulatory framework. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

Cisco

DECEMBER 1, 2020

Every year, Cisco conducts the Security Outcomes Study (SOS), a fully anonymous survey of over 4,800 active IT, security, and privacy professionals from around the world. Questions are posed around what areas of IT each organization is prioritizing, where they are being successful, and areas of improvement.

Study 73

Study Security Maine Regional 73

FICO

DECEMBER 12, 2022

With FICO Falcon Fraud Manager, Network International uses AI and machine learning technology to score transactions across a rapidly expanding array of payment options. While the global payments market has been transformed by several factors, not least the COVID-19 pandemic, traditional cash-based payments still dominate across the region.

Fraud 52

Fraud Regional CA America 52

PYMNTS

AUGUST 20, 2018

Consider India, where EY estimates in a recent survey that in India, companies are finding it a challenge to navigate GDPR. As the research shows, 63 percent of respondents to the survey — those who were, in fact, aware of the mandates — were non-compliant. FinTech Firms Eye Bank Charters.

Fintech 101

Fintech Survey Regulation Resources 101

FICO

DECEMBER 2, 2020

FICO carried out a survey earlier this year with 500 Malaysian adults to find out. When we look at how Malaysians prefer to open digital accounts, it’s noticeable that while they lag some of the other countries surveyed in terms of their willingness to use websites, they are ahead of the curve when it comes to using apps. .

Survey 72

Survey Regional Compliance Fraud 72

PYMNTS

OCTOBER 16, 2018

Research recently published by AsiaInspection (AI) found that businesses in the region have begun to diversify their supply chains, largely as a result of redrawn trade lines and disputes. However, the survey found only 36 percent of Chinese companies said they have felt affected by the nation’s trade dispute with the U.S.

Compliance 164

Compliance Survey United States Report 164

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Only one in five bank executives surveyed for What’s Going On In Banking think their core vendors have made significant contributions to their digital transformation efforts.

Strategy 155

Strategy System Risk Management Technology 155

Abrigo

JANUARY 19, 2016

In the AICPA’s 2013 Forensic and Valuation Services Membership Top Issues Survey , bringing in new clients was the top issue among CPAs in firms ranging from sole practitioner to large full-service public accounting firms and in forensic and valuation specialty practices. ESOP plans necessitate valuations for regulatory compliance.

Taxes 150

Taxes Regional Compliance Survey 150

PYMNTS

OCTOBER 19, 2016

A new report by Deutsche Bank and the Economist Intelligence Unit (EIU) explored how financial managers are handling the changing winds of the economy and found that macroeconomic conditions are now top of mind as treasurers fight to grow their businesses.

Survey 100

Survey Regulation Strategy Management 100

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. PYMNTS dives into the report to examine the biggest data points. Globalization.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

NOVEMBER 14, 2016

77 million spent on Airbnb bookings by companies using Concur’s travel and expense management solution. A survey of security officials among enterprises worldwide found that a third of cyberattacks that target corporations are successful in compromising data security. A 1.61% decrease in U.S.

San Francisco 100

San Francisco Survey Data Security 100

FICO

JANUARY 7, 2021

Here are the 5 most popular 2020 posts on decision management. #1. One major cloud provider reports that it has seen a 775% increase in demand for its cloud services in regions enforcing social distancing and/or shelter-in place due to COVID-19. . How Do You Improve Supply Chain Resiliency?

Management 52

Management Analytics Strategy Data 52

PYMNTS

OCTOBER 28, 2019

Merchants may struggle with the new tax landscape, as a recent survey of chief financial officers found that 68 percent expressed high or moderate worry regarding tax changes in 2019 — and that 10 percent of that worry stems from the Wayfair ruling. A recent survey of U.S. Amazon vowed to “vigorously” defend itself.

Taxes 102

Taxes Online San Jose South Carolina 102

FICO

MARCH 7, 2023

The EU AI act warns of financial consequences of non-compliance could be as high as €30 million (US$33m), or 6% of global revenue – far more severe than those incurred by non-compliance of GDPR. Only 8% have scaled their responsible AI model development standards consistently across their organisations.

Regulation 52

Regulation America Compliance Fraud 52

FICO

JUNE 12, 2020

In comparison to others in the Asia Pacific region, regulation has evolved due to last year’s Royal Commission, updates to the privacy act as well as changes enacted by global bodies such as the FATF (Financial Action Task Force). Like other advanced financial sectors, Australia has a complex and evolving regulatory environment. and the U.K.

Fraud 52

Fraud Compliance Regional System 52

PYMNTS

OCTOBER 28, 2019

. “Suppliers are more likely to accept extended payment terms when the purchaser has arranged a structured payable program that permits the suppliers to monetize their trade receivables before its due date,” their letter stated, according to Compliance Week reports. Scottish Firms Fair Non-Payment.

Payments 101

Payments Regulation Tools Compliance 101

FICO

NOVEMBER 2, 2017

A new report from LexisNexis on Future Financial Crime Risks (September 2017) highlights the stress felt by UK banks around financial crime compliance. Given the rapid change in financial compliance regulations, it’s easy to see why the 170 financial crime professionals surveyed felt overwhelmed. Do you have any advice?

Compliance 53

Compliance Regulation Data Management 53

Insights on Business

NOVEMBER 26, 2018

I challenge that notion, and also present three key ways that the new approach to financial crime and compliance management moves away from the current, endless Sisyphean cycles and is a fulfillment of what many of your existing solutions promised: a better approach. Webinar: AML Compliance comparison and effectiveness.

Compliance 123

Compliance Customer Experience Strategy Groups 123

PYMNTS

DECEMBER 11, 2019

Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. Eika Group will connect member banks to EedenBull’s range of tools, including employee expense management and business card spending solutions, so they can link those technologies to their customers.

Fintech 132

Fintech Groups Data Strategy 132

FICO

SEPTEMBER 8, 2022

FICO’s latest survey has revealed that good fraud protection is now the top consideration when consumers are looking to open a new financial account. The survey found for example that many Malaysians won’t open an account if the identity checks are too difficult or time-consuming. Fraud survey findings news release for The Philippines.

Fraud 52

Fraud Payments Survey Security 52

Jeff For Banks

SEPTEMBER 2, 2019

And the younger generation want help managing their budget, using the improved technology tools, and applying for loans. The slimming of our branch networks, both in number, square footage, and number of staff was used to increase our technology spend, compliance costs, or dropped to the bottom line. Sorry youngster. Yet here we are.

Branch Design 68

Branch Design Community Bank Strategy Survey 68

PYMNTS

MARCH 12, 2018

When auditing giant KPMG assessed corporate compliance of government requirements to report supplier payment habits, the company made a concerning discovery : Just 17 enterprises in Scotland were adhering to the rules. Euler Hermes recently conducted a survey of about 300 small businesses in Sweden , in which Credable is first launching.

Payments 108

Payments Regulation Compliance Analysis 108

PYMNTS

JUNE 26, 2018

Peter Shore, general manager of payments services firm Transpay , and Guillermo Bracciaforte, co-founder of online freelance marketplace Workana , recently spoke with PYMNTS about the payment preferences of gig workers and making gig economy payments more efficient. Regulatory compliance, of course, stands as a vital issue, he said.

Payments 123

Payments United States social media Course 123

FICO

MARCH 10, 2022

I’ve been writing recently about the results of our recent global consumer fraud survey. But like most things, it’s not as simple as it sounds, as large customer groups are likely to switch banks if they are dissatisfied with their response to a fraud management incident (more on that in a moment). a biometric). What’s a bank to do?

Fraud 52

Fraud Survey Cards Customer Experience 52

PYMNTS

JUNE 5, 2017

Studies posted last week by Ping Identity show that a relatively paltry 46 percent of the 144 payment service providers surveyed are ready to hit the ground running with PSD2. But recent regulatory moves have stated that banks must assess their asset management operations and slow interbank borrowing.

Regulation 100

Regulation Google Survey Regional 100

PYMNTS

SEPTEMBER 12, 2017

Compliance and data integration are valuable services for those firms, he said. That’s the percentage of executives surveyed by CurrencyCloud who believe that Asia is the global leader in payments innovation. Now, there is substratum within financial services, ranging from asset management to other opportunities.

Regulation 101

Regulation Data Innovation Payments 101

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. A survey of 812 HR and payroll professionals in the U.S. Not for Lack of Effort.

Compliance 109

Compliance Survey Resources Regulation 109