PYMNTS

MAY 17, 2018

Regional lender in Japan, Suruga Bank , apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said.

Compliance 108

Compliance Lending National Fraud 108

PYMNTS

JUNE 26, 2017

The June Payments-as-a-Service (PaaS) Tracker™ follows recent developments in the payments industry, from cross-border commerce developments to point-of-sale solutions to loyalty programs and how these new tools could change business operations for retailers large and small — and, yes, medium too.

Report 150

Report Payments Meeting Tools 150

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

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

Fintech 144

Fintech Lending Regional Regulation 144

PYMNTS

OCTOBER 12, 2020

According to Bloomberg , the company was using regional warehouses in the U.S. located customer’s region or directly from China. In addition, the program keeps Apple Stores operational during coronavirus lockdowns. to ship items. Now items that are in stock can be shipped directly from its network of almost 300 retail stores.

Apple 192

Apple Trends Regional Retail 192

PYMNTS

DECEMBER 29, 2019

billion deal after Uber guaranteed it would abide by a series of commitments designed to sustain competition in the regional market, Reuters reported Sunday (Dec. Careem will be a wholly-owned subsidiary of Uber yet operate independently with regards to branding and management. “We Regulators approved the $3.1

Regional 130

Regional Compliance Regulation Marketing 130

Bank Innovation

MARCH 2, 2018

The 16 registered cryptocurrency exchanges currently operating in Japan will soon form a self-regulating body, after a $530 million heist of digital coins in the region led to investor concerns, Reuters reported today.

cryptocurrency 199

cryptocurrency Regional Regulation Operations 199

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. In the U.K.,

How To 170

How To blockchain Compliance Regional 170

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. Plaid is unlocking payroll data to ease access to federal financing. ” Plaid Unlocks Payroll Data to Support PPP Lending.

Data 167

Data Lending Regional Fintech 167

PYMNTS

SEPTEMBER 8, 2020

Russian legislator Fedot Tumusov sent a draft bill to the country’s lower parliamentary body that calls for a limit of 20 percent on commissions for the sale of mobile apps, Reuters reported. The FAA’s role is to ensure that any [drone] operation is performed safely,” the FAA said in a statement to PYMNTS.

Taxes 131

Taxes Google Apple social media 131

PYMNTS

DECEMBER 7, 2020

Pioneer Bank has joined the number of firms filing lawsuits over the continuing and complex MyPayrollHR/ValueWise scandal, which a report from the Daily Gazette calls one of the largest in Capital Region history. GUUD has significant operations across Asia, and GUUD executives have publicly announced plans to expand in the region.

Fraud 159

Fraud Capital Regional Security 159

Bobsguide

JUNE 10, 2022

The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.

Regulation 88

Regulation Resources Study Compliance 88

Cisco

DECEMBER 1, 2020

This year, Cisco took it a step further, building out not only the main Security Outcomes Study, but also creating regional reports and two industry-specific analyses – Financial Services being one of the chosen verticals. The goal is to lower cyber operational risk while increasing the business flexibility of the institution.

Study 73

Study Security Maine Regional 73

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. And beyond government efforts, FinTechs in the private sector are also promoting eProcurement digitization in the region. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

SEPTEMBER 27, 2019

Reports in Global Trade Review on Thursday (Sept. 26) said HSBC launch launched the new banking guarantee API, which enables HSBC partner banks to issue local guarantees in markets in which they don’t operate. So they don’t have to navigate different banks for every project.”.

Regional 120

Regional Compliance Operations Management 120

Perficient

NOVEMBER 4, 2020

In many ways, we can help guide our customers in streamlining their PV operations and technology platforms to become more efficient and flexible for growth, all while remaining compliant and keeping to a sane budget. The goal is to gain efficiencies as the regulatory PV burden for compliance becomes heavier. It was free.

Groups 309

Groups US Meeting Case Study 309

PYMNTS

JULY 2, 2020

Boost will enable straight-through-processing for BMO Harris Bank’s Approve2Pay Corporate Card solution, enabling that card product to facilitate automated processing, remittance reporting and efficiencies for both buyer and supplier. ” Mastercard, EedenBull Expand Into APAC. ” Mastercard, EedenBull Expand Into APAC.

Cards 208

Cards New York Capital Compliance 208

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). banks reporting they have strategic convergence plans. . Reporting lines: 8% very integrated.

Fraud 52

Fraud Compliance Regional System 52

PYMNTS

JUNE 9, 2020

This growth in digital payment volume is testing the open banking networks proposed by regulators in multiple regions, including the U.K. Data privacy and security standards are critical for regulators to address in regions such as the U.S., The COVID-19 pandemic is forcing lawmakers in multiple regions under extreme scrutiny.

Regulation 132

Regulation Online California Regional 132

PYMNTS

MAY 24, 2018

Its effects will likely have far-reaching consequences, too, for both EU-based companies and those that operate outside the region. Once officially live, GDPR will impact any company or organization that operates, stores or processes personal data belonging to a natural person — a “data subject,” in GDPR terms. In the U.S.,

Data 100

Data Compliance social media Operations 100

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. South Africa.

Fraud 49

Fraud Management eBook Compliance 49

PYMNTS

OCTOBER 16, 2018

One report from Bain and Company, released last week, highlighted how Chinese companies are deploying more strategic, sophisticated merger and acquisition (M&A) strategies in the wake of trade disputes with the U.S. Separate reports in CFO.com also emphasized the legal risks linked to transshipments. “In some cases, U.S.

Compliance 164

Compliance Survey United States Report 164

PYMNTS

SEPTEMBER 6, 2019

Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said. France’s Upflow announced a $2.7

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 5, 2017

A recent report from Paychex released last week found that there are a host of regulations that small business owners are keeping their eyes on as state- and local-level policymakers initiate change. The director said that cost of compliance was the most surprising finding from the report.

Compliance 118

Compliance Survey Training Regulation 118

PYMNTS

DECEMBER 27, 2017

Not only do employees with disabilities comprise a large talent pool, it’s a remarkably innovative one: 75% of them report having an idea that would drive value for their company (versus 66% of employees without disabilities). The numbers are similar across gender, race, and generation.

Compliance 100

Compliance Leadership Training Innovation 100

PYMNTS

OCTOBER 30, 2020

Visa reported fiscal Q4 results that illustrated a rally in pent-up demand, with volumes up quarter over quarter. Trackers And Reports . PYMNTS explores how cloud infrastructure and automated systems have improved Western Union’s operating efficiencies. REPORT: Consumer Privacy Concerns Demand Regulatory Compliance.

Technology 161

Technology Apple Payments Capital 161

CFPB Monitor

DECEMBER 1, 2014

Mishkin Last week, the CFPB’s Ombudsman’s Office issued its third annual report covering the Office’s activities during fiscal year 2014 (October 1, 2013 through September 30, 2014). A desire for more clarity on regulatory compliance for business planning and operations. Unanticipated outcomes from regulations.

Report 92

Report Industry Meeting Groups 92

PYMNTS

APRIL 18, 2019

That country enforced a similar regulation in 2014, and businesses reported a subsequent overnight conversion drop of more than 25 percent due to the extra payment steps required. Larger merchants appear to be better prepared than the roughly 800,000 smaller ones operating across the continent. We are trying to do that for them.”.

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

SEPTEMBER 7, 2018

To that end, the bank recommends that the bloc make a “single agency” for the task as the ideal solution, the Financial Times reported. As of now, the central bank is tasked with looking over the compliance of banks to capital standards as well as other financial stability-related regulations.

Regional 109

Regional Compliance Regulation Meeting 109

PYMNTS

MAY 29, 2018

Reuters reports that India’s central bank is “standing firm” on a push to keep payments-related consumer data within the country’s borders. The appeals have been rebuffed by the central bank, which said the compliance is mandatory. In the past, Visa CEO Alfred Kelly stated the six-month compliance timeframe was “tough.”.

Data 101

Data United States Compliance Cards 101

PYMNTS

AUGUST 9, 2019

HSBC has added six foreign currencies supported by its commercial card products in Europe in support of corporates operating across borders in the region. In a press release sent to PYMNTS on Thursday (Aug.

Cards 100

Cards Management Regional Policies 100

PYMNTS

MAY 25, 2018

So it is perhaps with a bit of irony that the eCommerce behemoth known as Amazon , via its Web Services division (AWS), has positioned itself as offering a way for local and regional financial services providers to craft new products, enter new markets and meet the regulatory requirements necessary for worldwide competition.

Regional 109

Regional Regulation Meeting Security 109

FICO

NOVEMBER 16, 2022

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. 65% of the respondents indicated that their companies plan to increase operational expenditure for fraud management anywhere from 5% to 20%+.

Fraud 52

Fraud Data Survey Regional 52

PYMNTS

DECEMBER 23, 2020

One recent report found that 57 million freelancers are expected to operate in the U.S. The freelance market is also expanding in Europe, with one study indicating that gig economy workers conduct approximately 20 percent to 30 percent of all jobs in the region. Thirteen percent of U.K.

Payments 270

Payments Study Examples Report 270

PYMNTS

MAY 23, 2017

Perhaps even more surprising, TMF’s report found, there is more at play to this trend than U.S. TMF released its report “ Venture Further — What drives international expansion and investment by U.S. Written in conjunction with Forbes, the report, which surveyed C-Suite executives from U.S. businesses?” Instead, nearly half (45.6

US 100

US Compliance Taxes Trends 100

PYMNTS

OCTOBER 8, 2019

Furthermore, according to the latest edition of PYMNTS’ PSD2 Tracker , only 40 percent of merchants operating in the European Union that are aware of SCA reported being ready as of that date. The starting point for SCA compliance is with the issuing banks, Bayliss pointed out.

Compliance 156

Compliance Security Industry Regulation 156

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194