PYMNTS

SEPTEMBER 21, 2018

As reports noted, card-not-present (CNP) continues to be a threat as EMV compliance spreads. GIACT said in a white paper this week that older methods of protection efforts, such as trial deposits, may not be effective with the new changes coming into place. Separately, Reuters reported Thursday (Sept.

Fraud 141

Fraud Cards Report Mobile 141

PYMNTS

MAY 29, 2019

“We’ve had 10 years of enormous regulation,” UBS Group Chief Compliance and Governance Officer Markus Ronner said, according to the report. “That has tied up enormous resources.”

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

NOVEMBER 30, 2017

The German financial institution (FI) recently released a white paper urging banks and account servicing payment service providers (ASPSPs) to implement PSD2-related changes and reforms within their institution. It acknowledges several hurdles FIs continue to face in that effort. 12, 2018, deadline for implementation passes.

Guidelines 109

Guidelines Regulation Compliance Data 109

FICO

JANUARY 4, 2023

FICO global survey finds customers want better fraud protection and more security from their digital banking channels. Digital Considered Less Secure. Clearly there is a difference in perception across customer bases regarding the security and efficacy of digital banking channels. Download the white paper on this survey.

Fraud 52

Fraud Survey Security Digital Banking 52

PYMNTS

SEPTEMBER 19, 2017

Artificial intelligence and machine learning are particularly interesting, with their ability to enhance data and analytics capabilities for customer services, compliance and client onboarding and payment processes and fraud detection services, among others.

Innovation 108

Innovation Survey blockchain Lending 108

Insights on Business

JULY 30, 2019

Organizations that wait to adapt to these capabilities however may find themselves lagging in competitive capabilities and regulatory compliance. Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management.

Risk Management 70

Risk Management Analytics Technology Management 70

FICO

DECEMBER 5, 2022

Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. Yet along with digital adoption, FIs are also butting up against entrenched consumer thinking that creates security risks. Tue, 07/02/2019 - 02:45.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

MAY 17, 2017

Recent analysis from Buying Business Travel said PSD2 regulations in Europe, for instance, may make using a commercial card less user-friendly for the purpose of greater security. They need to also assess delinquency rates, client retention, end-user cardholder compliance and client perception of the banking relationship.

Cards 108

Cards Analysis Data Compliance 108

Fintech Labs Insights

JUNE 29, 2016

Client Lifecycle Management solution provider Fenergo is boosting the capabilities of its Tax Compliance suite. The enhanced version of the company’s CRS Compliance Solution is geared toward improving tax regulation compliance through improvements to the Three Rs: Rules, Remediation, and Reporting.

Compliance 15

Compliance Taxes Management Regulation 15

Jeff For Banks

SEPTEMBER 29, 2012

Can the bank be cited for a compliance violation? For instance, fraudsters and hackers become more sophisticated every day and seem to be one step ahead of security gurus. Alas, some bankers may communicate with customers without full knowledge about regulatory compliance issues. What if we get negative comments?

social media 67

social media Compliance Guidelines Groups 67

CFPB Monitor

FEBRUARY 8, 2021

Cordray referenced an April 2020 white paper he co-authored that outlined immediate actions the CFPB could take to address the pandemic.) Chopra “his own person” and expects him to take the CFPB in new directions. He expects Mr. Chopra to vigorously pursue ways for the CFPB to support consumers financially injured by the pandemic.

Leadership 78

Leadership Lending Groups Policies 78

FICO

JUNE 22, 2017

In our artificial intelligence (AI) spotlight this week, we highlight FICO’s AML Threat Score tool, which uses AI to help financial compliance analysts detect money laundering or terrorist financing activities. For more information, see our white paper on Advancing AML Compliance with Artificial Intelligence.

Tools 55

Tools Compliance Innovation social media 55

FICO

FEBRUARY 18, 2019

The link between transaction and authentication can also be made within the app or secure website the customer is using. We asked respondents which method they would prefer if they are making an online payment and their bank needs to make an additional security check. Read our white paper ‘Why Minimal Compliance Will Cost PSPs More’.

Survey 45

Survey Metro Mobile Security 45

FICO

MARCH 30, 2020

In person it is relatively secure, but customers may be coerced. Compliance - The legal and regulatory rules around what authentication methods are mandated - for example, rules around contactless and e-commerce payments and legislation implementing Payment Services Directive 2 in Europe.

Examples 52

Examples Fraud System Compliance 52

FICO

JULY 30, 2019

Data sharing for these purposes should be non-competitive: fraud is everybody’s problem, but still relies on a common definition of what data to share, where to securely host the data, how regularly it should be updated and what mechanisms are available to access the consortium data. Is it the fraud team?

Fraud 52

Fraud How To Analytics Analysis 52

FICO

APRIL 8, 2020

In all countries surveyed, more than 60% of consumers were happy to provide their bank with a biometric - such as a fingerprint, facial scan or voice print - to help with security. To prevent fraud and money laundering, activities must be secured with identity checks, including: When an account is accessed. Identity validation.

Management 52

Management Examples Meeting Security 52

PYMNTS

MAY 13, 2016

It took the resignation of Lending Club’s CEO and the compliance issues flagged before their Monday earnings to cause the heavens to open up and just drench the entire industry. Then there’s the Treasury’s white paper assessing the segment which was released the day after Lending Club’s meltdown. percent from the day before.

Cards 100

Cards Lending Google Apple 100

PYMNTS

MAY 3, 2016

In its latest white paper, titled “Omni-Channel Payments for Merchants: Myth or Reality?,” From payments security and PCI compliance to frictionless commerce and cross-border considerations, the move to facilitate omnichannel payments is much easier said than done. “At

Fraud 100

Fraud Retail Compliance Survey 100

FICO

MARCH 18, 2020

We recently commissioned a survey of 5,000 people across 10 countries to better understand how people view security when they open or use their accounts. and have a read of our series of three white papers looking at how biometrics are being implemented and developed in financial services organizations.

Fraud 52

Fraud Analytics Samsung Comparison 52

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. 01:15 pm 10 Reasons Why Fintech Startups Fail.

Video 40

Video Lending social media Analytics 40

PYMNTS

JULY 11, 2019

The main buzz surrounded the cryptocurrency itself, but the Libra white paper also held a pair of sentences that painted Facebook’s intentions in a new light: “An additional goal of the association is to develop and promote an open identity standard. Can Facebook Be Trusted To Secure Financial Data?

cryptocurrency 124

cryptocurrency Regulation Security CA 124

William Mills

MAY 11, 2016

It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience. Adds in Social security. This is obviously a hot new area of security tech.

Video 40

Video Mobile social media Analytics 40

PYMNTS

JANUARY 24, 2018

This week, Zylo announced it secured new venture capital to the tune of $9.3 However, this can also lead to SaaS chaos, creating potential security risks and financial waste.”. This leads to unnecessary spend and security gaps.”. If you don’t know this information, you have a major security risk on your hands.”.

Software 110

Software Tools Security Management 110

William Mills

MAY 10, 2016

There is a growing focus on customer experience and related compliance issues. For Banks, Know Your Customer, is a critical security responsibility. We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. Download: 10 Reasons Why Fintech Startups Fail White Paper.

San Jose 40

San Jose Customer Experience Mobile social media 40

PYMNTS

JANUARY 27, 2017

Neufund outlined its mission in a white paper it recently published on its website, along with a video detailing how its fund will function and operate. ENISA recently released a report on distributed ledger security , warning that there are still issues that businesses need to address before diving into the blockchain headfirst.

blockchain 100

blockchain Meeting Security Capital 100

William Mills

SEPTEMBER 9, 2016

Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. Our platform is open source, which makes it more reliable, innovative and secure. Bank secured social funding.” This looks very new and different.

social media 40

social media ATM Mobile Customer Experience 40

Insights on Business

DECEMBER 15, 2015

Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important. Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities.

Risk Management 120

Risk Management Analytics Leadership Big Data 120

Insights on Business

DECEMBER 15, 2015

Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important. Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important. Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

Risk management, compliance and security : incorporating enterprise risk management is already a key concern and it will only grow more important. Analytics : applying predictive analytics based on big data and cognitive computing, in particular, will enable banks to deepen and scale workforce capabilities.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. FFIEC’s Cyber Security Self-Assessment Tool. Somebody-Call-the-Whaambulance Award. Did we hear a whaaaa? Demo Quote.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 14, 2023

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) The laser eyes are shining brighter going into 2024.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

SEPTEMBER 20, 2019

We’re democratizing access to modern, secure and compliant cross border payments rails,” Koenigsberg explained. Further, its digital identity feature tokenizes identities on either end of the transaction to ensure security and regulatory compliance. A Different Approach To B2B Payments.

Payments 206

Payments Strategy Technology National 206

William Mills

SEPTEMBER 7, 2016

Andrew just needs to review the account and forward on to compliance for their review. Andrew can snooze until Compliance has done their work so his workspace is not cluttered. Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. Their application is middleware.

Mobile 40

Mobile Cards Fraud Data 40

Insights on Business

DECEMBER 14, 2016

Further, as banks are cutting costs, increased demands for security and regulatory compliance are adding them back almost as quickly. For a white paper on Radical Transformation in Financial Services, go to: https://www-01.ibm.com/marketing/iwm/dre/signup?source=mrs-form-10102&S_PKG=ov55254.

social media 70

social media United States Regulation Operations 70

CB Insights

MAY 15, 2019

Working with FCAT, the charity searched for third-party vendors and iterated testing on compliance with legal and regulatory requirements to be able to accept Bitcoin. ” It publishes quarterly forecasts and white papers that focus on the changing influences of CIOs. PWC — Center for Technology and Innovation (CTI).

Innovation 78

Innovation blockchain Technology Groups 78