PYMNTS

OCTOBER 19, 2020

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. Regulation. Netherlands, France Advocate For Action Against Big Tech. Skepticism Emerges Over Effect Of British Tech Tax On Amazon.

Taxes 143

Taxes Compliance Regulation Google 143

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. eBay On The Importance Of Streamlining International Payments Operations. Around The Payments Orchestration Ecosystem. About The Playbook.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

JUNE 5, 2020

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. Digital onboarding is more complicated for corporates than consumers.

Report 132

Report Online National Taxes 132

PYMNTS

MARCH 17, 2020

As more firms worldwide push for workers to hunker down from home in order to fend off the spread of the coronavirus , people are advised to be vigilant of online fraudsters, according to Compliance Week. Compliance Week reported that U.S. This is an opportunity to conduct pretty robust cyber-espionage, if not cyber-hostage taking.

Company 130

Company US Compliance Study 130

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. “It

Taxes 141

Taxes Google Seattle National 141

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Personalization of Customer Services. Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

Bobsguide

SEPTEMBER 13, 2022

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions announced it has commenced live operations of its new “golden copy” event notification and direct vote execution service for the Danish market.

Meeting 88

Meeting Security Operations Marketing 88

PYMNTS

MARCH 14, 2019

The release of a new Google app development tool is among the latest steps to try to bring more mobile accessibility to people with disabilities — a push that’s been going on in the background of digital retail and associated areas almost since the beginning. ADA Compliance. Netflix and Target Cases.

Google 161

Google Tools Mobile Retail 161

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. The company receives about 40,000 orders per day — a deal with Snapdeal could bolster its operations to fulfill those orders. As of 2018, Snapdeal had a market share of 1.9

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). PYMNTS recently reported the pandemic has thrown daily operations for merchants in the EU and the U.K.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

MAY 1, 2020

Operators including Paul, the French chain of bakery-cafés; JKS Restaurants of London; and Accor, a global hospitality company, told researchers that the measures intended to stop COVID-19 could threaten their businesses. Keeping people one meter (1.3 We would reduce capacity by around 60 to 70 percent.

Guidelines 145

Guidelines Survey Operations Conference 145

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. Compliance. Noreika, acting Comptroller of the Currency, in a statement.

Compliance 115

Compliance System Fintech Report 115

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. Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MAY 23, 2017

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Innovation 190

Innovation Payments Compliance Risk Management 190

PYMNTS

OCTOBER 24, 2019

Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court. Small retailers may be struggling with Kansas’ law, but large retailers are meanwhile coming under fire in South Carolina. Deep Dive: The Complex, Ongoing And Unexpected Effects Of Wayfair On Retailers.

Taxes 101

Taxes San Jose Kansas South Dakota 101

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. As a result, these companies can generate higher returns while cutting costs and reducing compliance burdens at the same time.

Compliance 101

Compliance Data Security Payments 101

PYMNTS

MAY 16, 2016

A dispute between clothing retailer Aéropostale and one of its top suppliers, however, has turned the tables on this typical case. Aéropostale will close 154 stores across the nation but continue to operate its remaining 626 stores, reports said.

New York 100

New York Compliance National Report 100

Bank Innovation

OCTOBER 3, 2017

This hypothetical licensing program could put into place a nation-wide, unified regulatory framework for cryptocurrency exchange platforms. Last week, Japan’s […].

United States 284

United States cryptocurrency Bitcoin National 284

PYMNTS

FEBRUARY 19, 2019

Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new business would play out. Retail figures will vary as new stores continue to come online and the marketplace continues to evolve,” the report said. That market could reach as much as $5.1 Payments Warning.

Payments 177

Payments Cards Operations Online 177

PYMNTS

NOVEMBER 22, 2018

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

JUNE 27, 2016

over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating debit acceptance capacity in-store, if the nation’s largest grocer refused to abide by Visa’s stated EMV rules. is suing Visa Inc. District Court for the Southern District of Ohio.

Ohio 104

Ohio Cards Compliance Course 104

FICO

NOVEMBER 23, 2021

Armando Junior, general manager, risk and compliance at Dock (previous winner) . Armando has worked as a lead consultant on transformation projects across private, retail and wholesale banking. Sibulelo Ncamani, head of operational risk and governance at Absa Bank (previous winner). by Nikhil Behl.

Meeting 52

Meeting Analytics Risk Management Management 52

PYMNTS

JANUARY 28, 2019

Yet now the ban on the surcharge ban – made possible by regulatory changes – means that companies must be in full compliance with the rules. For instance, a retailer may, on a shelf, display the cash price or the “credit price” alongside one another, may quote it verbally or may show the price differential on an invoice. population.

Cards 125

Cards New York Oklahoma Connecticut 125

Insights on Business

JULY 11, 2018

No area of human endeavour from retail, to transportation, to banking has not seen some form of disruptive technology replace the long-established modus operandi. Cognitive biases like the Anchoring Effect, Confirmation Bias, Ingroup Bias and Planning Fallacy to name a few, are key traps financial crime operational teams fall into.

Technology 185

Technology Innovation Operations Compliance 185

PYMNTS

JANUARY 6, 2020

The nation has watched many European countries go through this process over the past year, so impacts on its financial ecosystem are at least expected if firms have not yet experienced them. Preparedness helps with confident compliance . Turkish institutions.

Regulation 131

Regulation Industry Data Regional 131

Bank Innovation

NOVEMBER 4, 2019

INV has refocused its operations within the last year on FI enablement, and the new class – INV’s eighth – is the first solely curated for this directive. INV Fintech’s new class, announced today, solidifies the accelerator’s pivot to greater bank enablement.

Operations 236

Operations National Capital blockchain 236

PYMNTS

JUNE 28, 2019

But the pending ban does highlight the need for a national standard regarding the minimum age to buy such products, he said. Not having a set of guideline or rules” at the federal level “creates a lot of confusion and disruption.”

San Francisco 134

San Francisco Guidelines Report Maine 134

CFPB Monitor

SEPTEMBER 9, 2020

Ballard Spahr LLP has submitted a comment letter to the OCC in support of its proposed rule , “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”). Three virtually identical Federal Interest Statutes govern interest that may be charged by Banks: Section 85 of the National Bank Act (“NBA”), 12 U.S.C. §

FDIC 78

FDIC National South Dakota Lending 78

CFPB Monitor

DECEMBER 19, 2019

Under the current rules, the activities that qualify for CRA consideration generally fall into two categories: retail banking activities and community development (CD) activities. Activities that qualify for CRA credit. Clarification and expansion of activities.

FDIC 78

FDIC Regulation Community Retail 78

CFPB Monitor

AUGUST 22, 2016

Retail Bank, Citibank, New York, NY. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Hughes, Senior Vice President and Director of Mortgage and Retail Lending, First Federal Savings Bank of Twin Falls, Twin Falls, IA. Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc.,

San Antonio 60

San Antonio Kansas City Groups CA 60

Jeff For Banks

JUNE 11, 2018

At lunch recently, he said that the battle for retail deposits has already been won. Won by the national banks. With all of our hubris about how great community banking is compared to national banks, we are not winning market share from them. That means it costs ~ $588k in direct operating expense to run a branch.

Taxes 60

Taxes Compliance Survey National 60

Banking 2020

DECEMBER 4, 2014

The strategy used e-mails with language aimed at compliance officers, legal counsel, operational chiefs, etc. Sure, it’s easy to shrug at these escapades—in the past year there’s been a litany of massive data breaches at brand-name enterprises, from retailers and restaurants to financial services institutions.

Course 69

Course United States Compliance Security 69

PYMNTS

APRIL 30, 2020

Online transactions are more important than ever amid the coronavirus pandemic, which has consumers following stay-at-home directives and merchants shifting commerce online after temporarily closing their in-person operations. Sellers need to understand each market’s local payment preferences to effectively reach them.

Payments 131

Payments Cards Online Resources 131

PYMNTS

JANUARY 21, 2019

The two nations are beginning to press up against a March 2 deadline before new tariffs come into effect. It’s a funny spin on World Trade Organization compliance. The tension over access to the market is one of many tensions between the U.S. and China going into trade negotiations .

Data 122

Data Cards Payments Marketing 122

Banking 2020

DECEMBER 4, 2014

The strategy used e-mails with language aimed at compliance officers, legal counsel, operational chiefs, etc. Sure, it’s easy to shrug at these escapades—in the past year there’s been a litany of massive data breaches at brand-name enterprises, from retailers and restaurants to financial services institutions.

Course 58

Course United States Compliance Security 58

Independent Banker

FEBRUARY 24, 2016

The OCC’s 2015 “Survey of Credit Underwriting Practices” found, for the third consecutive year, that more banks are easing underwriting standards for commercial and retail loan products, than tightening. IB: What are the OCC’s expectations for Bank Secrecy Act compliance?

Community Bank 70

Community Bank Community Regulation Compliance 70