Cisco

MARCH 24, 2021

Throughout 2021, Cisco Financial Services will continue to examine how ‘Connect, Secure, and Automate’ – our strategy for helping customers accelerate their digital agility – enables financial institutions to deliver digital-first customer engagements that capitalize on a hybrid work operating model.

Compliance 132

Compliance Security Video Meeting 132

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. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 223

Compliance Tools Fraud Regulation 223

Perficient

MARCH 17, 2021

However, companies within certain industries may be more hesitant to incorporate a nearshore delivery model into their software development projects due to federal regulations around information and data security. Compliance Considerations. Security is the highest priority when searching for a nearshore partner.

Software 508

Software Regulation Industry United States 508

PYMNTS

NOVEMBER 13, 2018

A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance.

Compliance 144

Compliance Survey Analytics Regulation 144

Insights on Business

AUGUST 22, 2018

Whether the change is additional regulations or a rollback of existing regulations (which we are seeing in the US), the impact on financial institutions and their legal and compliance professionals is significant. Given these issues, it is critical that governance, risk and compliance (GRC) systems are leveraged to enhance this process.

Compliance 79

Compliance Innovation Technology Policies 79

Perficient

DECEMBER 8, 2020

We have expanded upon our success with GCP in the healthcare and life sciences markets, and are excited to announce that we have earned six additional Expertise designations: Application Development, Data Lake Modernization, Competitive Technology, Search, Financial Services, and New Business Channels Using APIs. Competitive Technology.

Google 493

Google Data Technology System 493

CFPB Monitor

DECEMBER 4, 2023

Tomorrow, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services.” The witnesses will be: Valerie A. Continue Reading

Innovation 78

Innovation Financial Technology Policies Compliance 78

Bobsguide

SEPTEMBER 16, 2022

Profile Software , a leading financial solutions provider, has announced today that the Central Bank of Egypt (CBE) has selected Acumen.plus, the internationally implemented Treasury Management System, to effectively manage and streamline their operations whilst experiencing compliance and powerful reporting for reserve and debt management.

Compliance 88

Compliance Management Operations Policies 88

PYMNTS

OCTOBER 24, 2019

In an effort to change the global hotel corporate payment process, end-to-end business travel technology provider HRS is rolling out a new corporate hotel payment platform. He continued, “When our clients use our payment solutions, we’ve seen hotel compliance rise by on average 23 percent.

Compliance 100

Compliance Analysis Policies Survey 100

Jack Henry

JUNE 1, 2020

Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations.

Compliance 149

Compliance Risk Management Strategy Policies 149

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

SEPTEMBER 17, 2019

FinTechs like Modo, however, disclose what technology they use to collect data around product usage (and what telemetry they take in.) They make sure the client can present that information in their privacy policies. “Some of it is passive,” Lee told PYMNTS.com in an interview, and some are “a little more active.”

Fintech 200

Fintech Compliance Data Regulation 200

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

Insights on Business

APRIL 21, 2017

Adapting quickly and efficiently to the compliance obligations brought about by changing regulations is a business requirement that demands urgent attention. It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer.

Technology 156

Technology Compliance Regulation Training 156

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Abrigo

JANUARY 22, 2024

These tips can help ensure compliance while improving your offerings. Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. These systems utilize cutting-edge technology to analyze patterns, anomalies, and unusual behavior.

Fraud 221

Fraud Training Risk Management Software 221

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

Insights on Business

FEBRUARY 27, 2018

A common assumption in risk and compliance is that financial institutions typically have to spend more to meet their regulatory obligations. To achieve this, IBM and Promontory Financial Group are at the forefront of applying cognitive technology to regulatory demands. “Meaning, [regtech] is a teammate.

Compliance 98

Compliance Risk Management Management Regulation 98

FICO

JANUARY 5, 2023

Policy Predictions for Financial Services Companies. I suspect Yogi would be disappointed to know that after many years of writing a year-end public policy predictions blog post, I am no longer aware of my batting average. For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept.

Data 232

Data Security ATM Tools 232

CFPB Monitor

APRIL 25, 2022

As we will discuss, the timing of the Consent Order indicates that even when regulators permit crypto activities by financial institutions, they remain cautious, particularly as to BSA/AML compliance. The preliminary approval had requirements, including that Anchorage enter into an Operating Agreement with the OCC. The Consent Order.

Compliance 78

Compliance Digital Banking Training South Dakota 78

PYMNTS

SEPTEMBER 29, 2017

The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs. To date, only 10 companies have obtained the license in Luxembourg.

Security 129

Security Payments Fintech United States 129

Jack Henry

JUNE 1, 2020

Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations.

Compliance 78

Compliance Risk Management Strategy Policies 78

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. An example of a rising AI fraud scheme is using voice-to-text technology, such as Microsoft’s new Vall-E Text-to-Speech System.

Fraud 150

Fraud How To social media Security 150

FICO

JANUARY 13, 2020

It is safe to say that Las Vegas casinos will not soon be taking bets on the occurrence of future finance policy developments. The Telephone Consumer Protection Act (TCPA) has long been a concern to many organizations that are frustrated by their inability to effectively use modern technology to communicate with their customers or members.

Policies 52

Policies Las Vegas FDIC Washington 52

Abrigo

JANUARY 24, 2024

On top of transaction limits set by the network, credit unions can configure lower limits using institutional risk policies as a guide and adjusting the limit over time. This can be adjusted over time using the institution’s risk policies as a guide. Talk to technology partners. Who can send or receive.

Fraud 221

Fraud Payments Software Policies 221

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Regularly reviewing and improving policies and procedures is essential to stay one step ahead of emerging threats. billion in fraud losses in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

Insights on Business

JULY 1, 2019

Until recently, the words “customer experience” and “compliance” didn’t really come up in the same conversation – let alone exist in the same universe. But the focus of this conversational insight isn’t just limited to understanding whether a representative is violating policies. Learn more at ibm.com/RegTech.

Compliance 96

Compliance Customer Experience Analysis Data 96

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth . he remarked.

Regulation 160

Regulation Policies Data Compliance 160

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. No-password policy. What does it mean to you? Feeling safe.

Security 70

Security social media Video Policies 70

Abrigo

APRIL 18, 2022

Cryptocurrencies are a subset of digital assets and are decentralized networks based on blockchain technology. to continue being the world leader in the global financial system and innovative technology. National objectives in cryptocurrency policy. Priorities. The executive order emphasizes that the U.S.

cryptocurrency 195

cryptocurrency Fraud United States Leadership 195

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? Talk to your technology partners.

Fraud 195

Fraud Payments Security Resources 195

Abrigo

SEPTEMBER 13, 2022

In an economic and regulatory environment where compliance resources and budgets are stretched thin, financial institutions must carefully evaluate their priorities when it comes to their BSA/AML program. Technological advances in transaction monitoring. Risk-based approach. Transaction monitoring: a BSA/AML cornerstone. Watch Webinar.

Software 195

Software Resources Training Compliance 195

Cisco

NOVEMBER 2, 2020

We walked through the first two points: Secure by Design and Zero Trust. These ecosystem partners are all connected to the firms network, have access to critical financial data, and are expected to comply with the firm’s risk and compliance policies. 4) Security Awareness Training (Employee Training). 5) Cyber Insurance.

Industry 108

Industry Training Security Strategy 108

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. We are learning here like the rest of the industry.

Training 195

Training Data Tools Technology 195

PYMNTS

DECEMBER 17, 2018

Five million dollars will be paid to the treasury; the rest will be paid along with other penalties given to UBSFS by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Broker-dealers providing banking-like services must properly mitigate the AML risks associated with this kind of service.

Policies 137

Policies Security ATM Training 137