PYMNTS

MARCH 24, 2017

Payments technology is bringing these far-flung methods together in the spirit of modernization,” Gurz said. But technology only solves one side,” said Gurz, who went on to say that there is also a human component at work. “But But if you are doing a review of customers in Thailand and you are doing a review of customers in the U.S.,

Compliance 157

Compliance Fraud Regional Examples 157

Gonzobanker

NOVEMBER 26, 2018

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. As banks have consolidated, so have the technology partners serving them.

Regional 93

Regional Strategy Technology Innovation 93

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. And you may ask yourself, ‘How do I work this?

Technology 135

Technology Regional Community Bank Community 135

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance.

Policies 158

Policies Compliance Mobile Survey 158

Banking Exchange

JUNE 14, 2021

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power Retail Banking Feature Lines of Business Technology Mobile Online Tech Management Feature3 Community Banking Consumer Compliance Customers.

Mobile 88

Mobile Regional Survey Community Bank 88

Bank Innovation

JULY 25, 2016

Regions Bank tied with Amazon.com in a recent ranking of web experiences. How does a super-regional bank match the efforts of one the most sophisticated digital companies in the world, one that obsesses over customer experience?

Regional 150

Regional Customer Experience Company Online 150

Bobsguide

JUNE 22, 2022

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa.

Technology 78

Technology Payments Regional Cards 78

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

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. REPORT: Consumer Privacy Concerns Demand Regulatory Compliance. during the summer months in lowering infections, caseloads have suddenly jumped all over the region. In the U.S.,

Technology 161

Technology Apple Payments Capital 161

PYMNTS

AUGUST 9, 2020

The final wave concerns the Asia Pacific region. The benefits for Google include a unified and accurate supplier record, the ability to integrate supplier qualification and segmentation with other procurement processes, and compliance for supplier risk management throughout the supply base. Last October, U.S.

Google 362

Google America Risk Management Regional 362

PYMNTS

APRIL 22, 2019

Banks have the customer and financial institution (FI) relationships needed to facilitate trade finance, while FinTech firms have the technology to digitize and accelerate the process for participating parties. However, both sides struggle with making trade finance profitable, and maintaining compliance.

Compliance 134

Compliance Regional Survey Fintech 134

FICO

JANUARY 8, 2020

At long last, fraud and compliance infrastructures are starting to converge. In the US, the use of artificial intelligence and machine learning in compliance is set to expand dramatically, per directives from the Financial Crimes Enforcement Network (FinCEN). This regulatory pressure is happening in other regions as well.

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Finastra Chosen by Community FI. Faster Payments scheme. Surecomp Debuts as-a-Service Offering.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

SEPTEMBER 22, 2016

Thomson Reuters said the selection underscores the strength of its screening platform and its position in the regulatory technology market. For any regulated firm to thrive in the long term, consistent investment needs to be made in the risk, compliance and control functions.

Compliance 100

Compliance Data Risk Management Regulation 100

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. Muller explained that the technology augments existing rails like eCheck and ACH to enhance data capture and transmission to complete a transaction.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

MARCH 29, 2019

New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions.

US 181

US America Technology Conference 181

Gonzobanker

AUGUST 17, 2022

Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here. Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

FEBRUARY 11, 2020

In a move that bolsters its financial technology presence in India, Uber has put an Uber Money team into place in Hyderabad. Uber Money teams are also located in Palo Alto, Amsterdam, New York and San Francisco tech centers, Livemint reported.

San Francisco 186

San Francisco Fintech Analytics New York 186

PYMNTS

DECEMBER 11, 2019

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in recent years thanks to digital and mobile technology, along with online marketplace models. The world of Islamic finance is growing, and with it, the region’s FinTech strength. That doesn’t mean it’s been easy.

Fintech 144

Fintech Lending Regional Regulation 144

Insights on Business

AUGUST 15, 2018

A few weeks ago, my colleague Sam Kalyanam discussed the challenge facing financial institutions regarding the way they conduct anti-money laundering (AML) compliance. Let’s be honest, banks and other institutions have been dealing with sub-par compliance processes for a long time. Well, technology has.

Compliance 70

Compliance Analytics System Regional 70

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Violators would be assessed penalties for non-compliance. But he added such action would only be used in extreme cases.

Compliance 175

Compliance Regulation System Taxes 175

PYMNTS

JANUARY 22, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. Two major Austrian card issuers are also using the technology. The authentication solution lets consumers approve eCommerce payments by using their mobile bank apps.

Security 214

Security Payments Cards Fraud 214

Abrigo

FEBRUARY 23, 2023

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. Technology through a trusted partner that automates those and other tasks frees up staff “for what you’re really paying for, and that’s business development,” Kirby noted. “I The result?

Community Bank 195

Community Bank Kansas City Community Lending 195

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

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? In the U.K.,

How To 170

How To blockchain Compliance Regional 170

PYMNTS

JUNE 15, 2020

Speaking with PYMNTS, Aion Bank Chief Commercial Officer, Head of Corporate and X-Border Krzysztof Czuba identified some of the particular challenges that SMBs in the region face, and explored how FinTech and banking solutions must include both a local and global approach to help SMBs recover. Recovery Through Technology. ”

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

MAY 22, 2019

With fraud ramping up, regulators around the globe are starting to take a closer look at everything from typical threats to the use of new technologies, like blockchain. Regulators in regions such as Europe are changing the ways they look at cross-border transactions. Around the Smarter Payments World.

Fraud 180

Fraud Payments Regulation Security 180

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

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? The result? Thinking Outside the Box.

Compliance 177

Compliance Regional blockchain Technology 177

FICO

SEPTEMBER 16, 2020

FICO’s Integrated AML Compliance Survey has revealed that while the vast majority of banks in more than 11 countries around the Asia Pacific region believe that AI will strengthen anti-money laundering efforts, many remain unsure how to operationalize the advanced technology. Key drivers of financial crime strategy.

Survey 52

Survey Compliance Regional System 52

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’s the key to success.

Groups 309

Groups US Meeting Case Study 309

PYMNTS

OCTOBER 23, 2018

22), BofA Merrill said the solution also integrates data analytics and machine learning technologies to accelerate the process. In a press release issued Monday (Oct. The solution is supported across 89 countries and can make conversion in 41 currencies, the bank noted.

America 190

America Regional Analytics Compliance 190

PYMNTS

JULY 31, 2019

The technology giant is collaborating with enterprise IT consulting firm Publicis Sapient to develop end-to-end solutions for Anglo-Gulf Trade Bank in an effort to expand access to trade finance in the region, the companies said.

Technology 108

Technology Regional Innovation Compliance 108

PYMNTS

FEBRUARY 4, 2019

FIs have made strides in establishing know your customer (KYC) and anti money laundering (AML) policies, but these changes are routinely challenged by emerging technology and cross-border transaction costs. 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

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. Different regions have their own unique payment rails, and no two abide by the same regulatory framework. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

NOVEMBER 14, 2017

Researchers announced East & Partners’ new report, “Financial Technology and the Corporate,” on Monday (Nov. East & Partners found regional trends in corporate treasurers’ demand for FinTech solutions, too. Transaction reporting and anti-money laundering solutions also landed near the top of the list of priorities.

Tools 179

Tools Fintech Survey Analysis 179

PYMNTS

DECEMBER 9, 2019

Also, many FIs in those countries have been using more Know Your Customer (KYC) technologies, as well as digital addressing systems to assist with mail delivery. In 2017, Ghana introduced GhanaPost GPS and Nigeria partnered with What3Words. Not having an ID is the biggest obstacle to getting financial services.

Regional 131

Regional Compliance National System 131