PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Plugging In To Plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

MARCH 8, 2018

based online cross-border remittance services provider WorldRemit is one player working to smooth out common speed bumps that slow payments for businesses and individuals alike. Taking Transfers Online. WorldRemit is focused on P2P , and its experience has implications for B2B operations, Nazzaro said.

Compliance 101

Compliance Regulation Online Payments 101

PYMNTS

SEPTEMBER 17, 2018

The problem is that certain technologies struggle to gain traction within fleet operations. According to Sid Nair, senior director of transport and compliance at Teletrac Navman, fleet managers appear to be adopting technologies like ELDs merely to maintain compliance. One fifth said pricing transparency is most important.

Compliance 139

Compliance Industry Technology Data 139

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Maryland legislators ratified the tax earlier in 2020, but Gov.

Maryland 151

Maryland Taxes Online Groups 151

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

Bank Innovation

JULY 12, 2018

Online lenders may own more than half of the personal lending market, but they face serious headwinds. For one thing, rising interest rates will increase their cost of funds, and perhaps make their offerings less attractive, and for another, regulations may arrive that make operating their businesses more expensive.

New York 225

New York Regulation Online Lending 225

Bank Innovation

JANUARY 11, 2018

EXCLUSIVE – German online lender Kreditech is making its way to India, Bank Innovation has learned. For this expedition, the fintech has teamed up with SaaS banking platform Mambu for providing short-term lending products specifically tailored to local consumers.

Online 309

Online Lending Innovation Fintech 309

PYMNTS

JUNE 3, 2019

In a blog post , Bill Ready, PayPal’s chief operating officer, said the new digital platform will provide what the company is calling the most comprehensive set of technology, tools, services and financing for businesses of all sizes around the world.

Online 206

Online United States Meeting Tools 206

CFPB Monitor

MAY 23, 2019

The FDIC has announced that it has entered into a settlement of the lawsuit filed against it and the OCC in 2014 by a trade group and several payday lenders challenging “Operation Choke Point” — a federal enforcement initiative involving the FDIC, OCC and other federal agencies. In July 2017, the D.C.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

MARCH 27, 2019

As online gamblers all but feast on the odds and brackets of the ongoing NCAA Division I Men’s Basketball Tournament in the U.S. – In that spirit, most consumers understand the need for a relatively involved onboarding process when first signing up for an online gambling site or service. the first March Madness since the U.S.

Online 115

Online Regulation Compliance Security 115

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. Superintendent Maria T.

Online 100

Online New York Lending Regulation 100

PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Mobile and online payments are also on the rise for this same reason. and the EU. Australia and Canada.

Regulation 132

Regulation Online California Regional 132

PYMNTS

JANUARY 17, 2020

The latest issue involves eSports – one of the rising trends in digital commerce , and one of the ways through which some mall and brick-and-mortar operators hope to revive those retail properties. The realm of eSports is not the only place in the greater online world where taxes are a new and sometimes confusing issue in 2020.

Taxes 132

Taxes Online Policies Philadelphia 132

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

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.

Report 132

Report Online National Taxes 132

PYMNTS

DECEMBER 16, 2020

But despite what might be some tweaking at the margins, by and large, Big Tech firms will have to change the way they operate in Europe. The DSA would, among other things, mandate that companies disclose more fully how they use online advertising and algorithms to recommend content to users.

Regulation 270

Regulation Compliance Online Software 270

PYMNTS

AUGUST 17, 2018

The more bots make their way into the accounting department, the more concerns arise about jobs, compliance, trust and other industry-unknowns. Ty told PYMNTS that he doesn’t believe this is true, and, instead, bots like Alan can support professionals’ existing operations. “This is such new territory for everyone.”

Compliance 110

Compliance Regulation Tools Industry 110

PYMNTS

JANUARY 24, 2021

One facet of helping with compliance is the automatic recording of journal entries. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws. Cygnet FACE will help [small- to medium-sized businesses (SMBs)] get ready for eInvoicing and support their tax compliance needs.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

SEPTEMBER 24, 2019

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. The costs of compliance — both in terms of administration and financial penalties — can mount.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

JANUARY 19, 2021

NAB will add Eedenbull’s Q Business platform to its offering to help SMBs track and manage spend, as well as to automate compliance controls. The FI aims to wield Backbase tools to create digital banking channels across its operations, with its focus first landing on SMBs. BNL Goes Live With Tink. ICICI Adds AlignBooks Technology.

Fintech 341

Fintech National Groups Tools 341

Abrigo

SEPTEMBER 21, 2023

How to monitor internet bank fraud more effectively When someone inquires about the capability of a system to detect internet bank fraud, encompassing online banking and mobile banking fraud, the immediate question that arises is, “What is meant by internet banking fraud?” Is the interest in detecting money movement, or merely account access?

Fraud 195

Fraud Software Mobile Online 195

Bank Innovation

JANUARY 19, 2017

After waiting a year, the lender SoFi received the thumbs up to operate in New York, CFO Michael Tannenbaum said recently. Ah, New York: If you can make it here, you can make it anywhere, but to even try, you need a license. Luckily, SoFi and Coinbase just got theirs. Read More.

New York 150

New York Operations Bitcoin Lending 150

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. The COVID-19 pandemic is driving consumers online to shop and pay, and their rapidly changing shopping habits are forcing merchants to rethink their digital strategies.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

MARCH 1, 2019

The need to address verification challenges is growing around the world, as customers rely more on online services for ordering food and drink, leading to fierce competition among delivery services. still debating exactly where and how cannabis dispensaries can operate. Around the Digital Onboarding World. About the Tracker.

Online 155

Online blockchain Retail Massachusetts 155

Perficient

NOVEMBER 17, 2020

Some of these solutions were set up in a matter of days, providing immediate results to drive operations forward. But these changes will have impacts on back-office and contact center operations, and banks face two strategic challenges. increase in online account openings since the onset of Covid-19, compared to a 9% increase in 2019.

Mobile 294

Mobile Online Conference Customer Experience 294

Banking Exchange

FEBRUARY 26, 2020

Online payment fraud could cost companies more than $200 billion over four years, finds Juniper Research Risk Management Technology AML & Fraud Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Big Data Security Online Cards BSA/AML Feature3 Feature Financial Research Payments.

Fraud 97

Fraud Big Data Risk Management Compliance 97

PYMNTS

FEBRUARY 25, 2020

China is looking to keep up with consumers, financial institutions (FIs) and merchants that send funds and information through online channels, and several of the country’s related regulations resemble those from regions where such transactions are now commonplace. Confronting Chinese Compliance . and the U.S.

Regulation 140

Regulation Compliance Online Data 140

PYMNTS

OCTOBER 3, 2019

In addition to an eCommerce platform enabling cannabis businesses to legally procure inventory, Dama Financial will facilitate compliance financial transactions between B2B vendors and merchants. Amercanex will give these business owners the opportunity to maintain and grow their business operations online in a secure and legitimate way.”.

Compliance 130

Compliance Industry California Taxes 130

PYMNTS

FEBRUARY 8, 2019

Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods. Data: 100 percent: The amount of mobile bookings that some travel operators say they will hit within the next few years, underscoring a shift away from desktop. 2020: When new U.S.

Payments 182

Payments Regulation Compliance Operations 182

PYMNTS

OCTOBER 21, 2020

At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed and consumers grew wary about venturing out.

Payments 159

Payments Case Study Meeting Trends 159

Banking Exchange

MARCH 23, 2021

Payment disputes related to friendly fraud are expected to soar this holiday season due to the pandemic-fueled surge in e-commerce Risk Management Cyberfraud/ID Theft Consumer Compliance Operational Risk Security Online Payments Feature Feature3.

Fraud 78

Fraud Risk Management Compliance Security 78

PYMNTS

DECEMBER 7, 2020

Business demand for remote payment options rose quickly over lockdown, as more firms reshaped their operations to enable a dispersed workforce,” Bermingham wrote. Established trading partners” benefit from an even more streamlined compliance process, with Adflex “authorised to securely store Cards on File (CoF).”.

Payments 163

Payments Compliance Cards Security 163

PYMNTS

MAY 8, 2019

At the same time, digital operators are aggressively entering new countries and markets, and consumers are expecting not only digital experiences, but experiences that are relatively friction-free. It’s not only fraud that online businesses must worry about, of course, but the best paths to growth as well. Changing Landscape.

Compliance 184

Compliance Tools Fraud Online 184

PYMNTS

SEPTEMBER 15, 2020

Making sure all the risks are covered from the perspective of an online merchant ensures there is risk diversification and makes sure that they are connected to several acquirers and banks,” explained Metodieva. All parties in the payment ecosystem.

Payments 299

Payments Risk Management Management Compliance 299

CFPB Monitor

SEPTEMBER 8, 2022

Kevin Greenfield, OCC Deputy Comptroller for Operational Risk, is reported to have warned banks that they can be liable for customer harm arising out of fintech partnerships, such as violations of consumer protection laws and unfair and deceptive practices. He advised banks to closely monitor risk and compliance in these partnerships.

Fintech 146

Fintech Risk Management Conference Lending 146