CB Insights

MARCH 28, 2022

Theta Lake , a digital communication supervision and compliance platform, has raised $50M in a Series B. Download the free report to get all the trends.</div> Download the free report to get all the trends. Download the free report to get all the trends. onFormReady: function ($form) {. AI funding doubled in 2021.

Compliance 63

Compliance Software Security Regional 63

PYMNTS

NOVEMBER 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. Can we look at their overall compliance management program?”. 21), citing a senior official.

Security 116

Security Policies Conference Compliance 116

Perficient

OCTOBER 5, 2023

Excellence in Governance: Dana- Farber Cancer Institute Leaders of the Pack- Financial Services: UBM Regional Excellence- North America: Mecklenburg County These three projects have earned the distinction of being finalists for the remarkable digital experiences they provide their visitors. LanguageLine managed translations.

User Experience 221

User Experience Regional America Tools 221

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JUNE 28, 2018

One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry. But that may now change, he said.

America 102

America Security Miami Conference 102

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending.

Fraud 159

Fraud Capital Regional Security 159

PYMNTS

JUNE 26, 2017

These services are not just enabling merchants to offer consumers greater convenience, but are also providing new opportunities to foster customer engagement, beef up payment security and collect data insights. Because merchant needs vary from company to company and region to region, finding the right solutions provider can be daunting task.

Report 150

Report Payments Meeting Tools 150

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. But many of these businesses are also looking ahead to drive financial services efficiencies beyond coronavirus disruption.

Data 167

Data Lending Regional Fintech 167

PYMNTS

SEPTEMBER 20, 2018

The firm’s Gladiator iPay Enterprise Security Monitoring (iPay ESM) tool is now live for financial institutions to monitor and mitigate the risk of fraud linked to online bill payment, the company said in a press release.

Fraud 156

Fraud Online Analytics Tools 156

PYMNTS

JANUARY 30, 2019

What’s more, companies must also work to remain compliant with the laws in place across the different regions where they operate. In addition, how can they remain confident that they are in compliance with existing AML laws? How can they rest assured that their trading partners are trustworthy and who they claim to be?

How To 170

How To blockchain Compliance Regional 170

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. Data privacy and security standards are critical for regulators to address in regions such as the U.S.,

Regulation 132

Regulation Online California Regional 132

PYMNTS

MAY 23, 2019

The news comes after reports in March that a customer’s account had been hacked and emptied of €80,000 (nearly $89,144 USD). As a result, the online bank was criticized for not being diligent about security and compliance controls as it rushed to grow. million customers.

Regional 108

Regional America Compliance Security 108

PYMNTS

FEBRUARY 4, 2019

Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight. It did this in hopes that such groups would implement their own high standards and raise the bar for stricter compliance requirements.

How To 161

How To Regulation Compliance Meeting 161

Abrigo

SEPTEMBER 10, 2021

financial system enhanced the criticality of detecting and reporting financial crime, including the financing of terrorist acts against our country. . The 9/11 Commission Report mandated by Congress after the attacks exposed this misconception, proving that the financing of the terrorists did flow through the U.S. Before 9/11.

Training 195

Training Risk Management Pennsylvania Resources 195

PYMNTS

JANUARY 30, 2019

Wirecard Chief Executive Officer Markus Braun saw his fortune take a hit as shares of his company declined due to a report that alleges fraud at the payments enterprise. Bloomberg reported Braun’s wealth declined $221 million Wednesday (Jan. That sent shares of Wirecard down 13 percent to 145.15

Fraud 148

Fraud Regional Compliance Report 148

FICO

JULY 31, 2019

The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. regions, cloud)? Would there be compliance exposure in the event of a breach at the supplier? Obtain evidence of ongoing compliance with standards (e.g.,

Cyber Security 70

Cyber Security Management Security Risk Management 70

Insights on Business

NOVEMBER 19, 2018

Regions Bank announced in its recent earnings call that it is leveraging IBM Watson to help customers get answers to their customer service questions over the phone and to help bankers improve the speed and accuracy of their answers. What does this look like in practice? Thinking Outside the Box.

Compliance 177

Compliance Regional blockchain Technology 177

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 benefits could be quite significant in terms of providing additional security and, ultimately, a better consumer experience.

Compliance 156

Compliance Security Industry Regulation 156

CFPB Monitor

MARCH 24, 2016

The CFPB has issued an advisory and a report with recommendations for banks and credit unions on how to prevent, recognize, report, and respond to financial exploitation of older Americans. ” On May 6, 2016, from 12:00 PM to 1:00 PM ET, Ballard Spahr attorneys will conduct a webinar on the advisory and report.

Report 60

Report Compliance Regulation Training 60

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. According to reports, Kyriba has a strong presence in the region with more than 50 corporate clients in Japan.

Tools 100

Tools Capital Compliance Leadership 100

PYMNTS

JULY 30, 2018

The tally, overall, is still rather healthy, with 376 million users still extant in the region. The fact remains, too, that the firm will be boosting investment in security initiatives – enough so that profitability is impacted. And it pales in comparison to the 2.2 billion users listed in total. Fees Under Scrutiny in the U.K.

Regulation 100

Regulation Comparison Compliance Conference 100

PYMNTS

DECEMBER 12, 2019

Players in the sharing economy must contend with an increasingly complex online payments ecosystem as they move into new regions and attract participants to their platforms. Buyers and sellers expect both speed and security with payments, and not offering both factors is one of the top reasons that customers report leaving a marketplace.

Payments 137

Payments Fraud Regulation Innovation 137

PYMNTS

SEPTEMBER 11, 2019

Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Islamic Business & Finance reported on Wednesday (Sept.

Digital Banking 109

Digital Banking Marketing Innovation Regional 109

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. A September to Remember. Only very few merchants are actually aware of SCA.”.

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

OCTOBER 8, 2018

Understanding who one is doing business with is the first step to mitigating a myriad of risks, including non-compliance, non-payment, violated contracts and more. Indeed, research from ThomasNet in its 2018 Industrial Buying Habits Report found Google to be the most common digital platform for companies to source and connect with suppliers.

Regional 188

Regional Online social media Compliance 188

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

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 remove the need for petty cash and checks while providing an alternative way to pay suppliers without impacting precious cash flow.

Cards 100

Cards Management Regional Policies 100

CFPB Monitor

FEBRUARY 10, 2021

In the MOU, the agencies agree to collaborate on examinations as follows: In accordance with a 2012 MOU, the agencies will continue to share relevant supervisory information, including request letters and examination reports, through electronic means.

Training 78

Training Compliance Meeting Leadership 78

Abrigo

JULY 22, 2022

Takeaway 1 Cryptocurrency has been able to offer good interest rates on high-yield savings accounts and secured loans with no credit check. . As recently as last fall, consumers could stash certain digital assets in a savings account and earn upwards of 10% interest, or even use cryptocurrency to secure a loan without a credit check.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

MAY 11, 2020

Online betting services in the region are now even exploring depositing such sums directly into digital wallet applications on users’ mobile devices.”. What’s clear in the May 2020 Disbursements Tracker® is that from compliance to security, it’s a job for the experts. Promising Platforms.

CA 130

CA United States Payments Mobile 130

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. Data subjects may report its practices to the agency, or the company might have to notify the DPA in the event of a detected data breach. Heavy fines could be levied in the severest cases. In the U.S.,

Data 100

Data Compliance social media Operations 100

PYMNTS

NOVEMBER 14, 2016

Two-thirds of businesses lack confidence in their company’s security measures , found the latest analysis by Accenture. A survey of security officials among enterprises worldwide found that a third of cyberattacks that target corporations are successful in compromising data security. Brexit vote. A 1.61% decrease in U.S.

San Francisco 100

San Francisco Survey Data Security 100

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. Security Boulevard reported this week (June 6) that in the wake of the new digital security rule taking effect, criminals were quick to use it to their advantage. That’s the same trend benefiting Google. “It

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

APRIL 30, 2018

similar regulations are already being put to the test in other regions around the world. Each EU member nation has a DPA in place to both monitor compliance and respond to potential violation complaints. The penalty for non-compliance is expected to be severe once the GDPR takes effect. Assessing Risk for SMBs.

Data 119

Data Compliance social media Regulation 119

PYMNTS

JUNE 19, 2018

In fact, within a couple more quarters, clear financial impacts of complying with the GDPR could start showing up in company earnings reports, Pace said. Over time, regulators and companies may be taking a step back to look holistically at the compliance landscape,” Pace said. We always wanted security to have a seat at the table.”.

Regulation 101

Regulation eBook social media Case Study 101

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