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

PYMNTS

SEPTEMBER 28, 2020

Despite an order from the European Union ’s antitrust watchdog to curb its anticompetitive practices, Google continues to boost its market power, according to Reuters , which cited a study released Monday (Sept. It is because Google’s chosen compliance mechanism fails to comply with the remedy imposed.”. billion euros ($2.8

Google 192

Google Study Marketing Comparison 192

Accenture

APRIL 26, 2016

As we’ve seen in my previous two posts, compliance leaders are in a balancing act. The results of Accenture’s 2016 Compliance Risk Study show increasing demands on compliance, but also a leveling of growth when it comes to the function’s. Read more.

Compliance 150

Compliance Resources Study Management 150

Bank Innovation

FEBRUARY 5, 2020

central bank is studying the feasibility of a digital currency, said Federal Reserve Governor Lael Brainard.

Study 259

Study US Policies blockchain 259

PYMNTS

JUNE 5, 2020

With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to accommodate consumers’ concerns. Drugstores excelled at providing protective barriers at checkout (92 percent of locations examined) and were at parity with the grocery industry, the study found.

Study 131

Study Retail Survey Compliance 131

Accenture

MAY 9, 2016

If you’ve been following my handful of posts reporting on Accenture’s 2016 Compliance Risk Study, you’ve probably gleaned that compliance leaders face some challenges. Resources and tools can help compliance officers strengthen. Luckily, I don’t believe these challenges are unsolvable. Read more.

Compliance 150

Compliance Resources Study Tools 150

PYMNTS

OCTOBER 16, 2019

The Cost of Compliance. Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated. And yet, per that same study, 30 percent rate at least one of their AML components as being either “not at all” or only “somewhat” effective.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

SEPTEMBER 22, 2020

How The Pandemic Is Shifting Banks’ Understanding Of Clo ud Compliance. Deep Dive: Why The Pandemic Is Pushing Up The Cloud Compliance Innovation Curve. To learn more about how the pandemic is affecting emerging cloud compliance standards, visit the Tracker’s Deep Dive. About The Tracker.

Compliance 191

Compliance Digital Banking Security Online 191

Banking Exchange

JANUARY 17, 2022

Follows December’s overdraft report from bureau which considered additional policy guidance Compliance Feature Duties Feature3 Consumer Credit Customers People Compliance Management Credit Risk Compliance/Regulatory.

Study 148

Study Groups Compliance Policies 148

PYMNTS

SEPTEMBER 26, 2018

A case of complacency on compliance? 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The study noted that there are some regional differences, as 77.8 The headline numbers: 52.5 percent seen in 2015.

Compliance 134

Compliance Regional America Survey 134

Cisco

DECEMBER 1, 2020

Every year, Cisco conducts the Security Outcomes Study (SOS), a fully anonymous survey of over 4,800 active IT, security, and privacy professionals from around the world. Of the 4,800 participants in the larger study, 589 represented firms in the financial services sector.

Study 73

Study Security Maine Regional 73

PYMNTS

MAY 15, 2018

However, according to a recent study by Tipalti and Gatepoint Research , 30 percent of companies aren’t validating tax forms at all, while 45 percent are doing so manually — a time-consuming and error-prone process, said Tipalti CMO Rob Israch. New policies put the onus on payers, not payees, to guarantee accurate information on tax forms.

Compliance 101

Compliance Taxes Study Strategy 101

PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. How low are the rates? That’s on a global scale.

Compliance 102

Compliance social media Study Data 102

Banking Exchange

MARCH 25, 2020

The new study aims to collate the views and responses of mid-tier US banks to the COVID-19 pandemic Risk Management Feature3 Feature Human Resources Management Financial Trends Compliance.

Study 78

Study US Risk Management Resources 78

Insights on Business

MAY 1, 2019

A recently published Thomson Reuters study titled “ Fintech, Regtech and the Role of Compliance in 2019 ” found that a new regulatory alert is issued every seven minutes. To date, it seems that the way for an organization to keep pace with change, manage risk and improve compliance has been to hire and spend more.

Compliance 141

Compliance United States Regulation Study 141

PYMNTS

NOVEMBER 24, 2020

We do think that the work that we’ve done, and some of the studies we have and the modeling data that we have, shows that we can, with testing, shorten quarantines,” said Henry Walke , who manages the CDC's COVID-19 response, WSJ reports.

Compliance 186

Compliance Study Conference Report 186

Abrigo

AUGUST 3, 2015

According to a recent survey by the American Bankers Association (ABA), more than 46 percent of respondents had to reduce offerings for loan or deposit accounts, or other services, at their bank because of regulatory compliance burdens.

Compliance 150

Compliance Community Bank Community Survey 150

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. What else changes with the rebranding to IBM FIRST Risk Case Studies? . About FIRST Risk Case Studies. Not yet a customer?

Case Study 79

Case Study Study Compliance Risk Management 79

PYMNTS

SEPTEMBER 24, 2020

Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. Compliance, Cybercrime And The Cloud . Most banks are familiar with how quickly regulatory requirements can change.

Compliance 151

Compliance Fraud Regulation Security 151

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

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. What else changes with the rebranding to IBM FIRST Risk Case Studies? . About FIRST Risk Case Studies. Not yet a customer?

Case Study 70

Case Study Study Compliance Risk Management 70

Payments Source

DECEMBER 3, 2020

The Accredited Standards Committee X9 is forming a group to study faster and real-time payments activity in the financial industry and eventually recommend new X9 standards and upgrades that would enhance interoperability and adoption.

Study 93

Study Groups Payments Industry 93

Insights on Business

JUNE 28, 2018

A recent explosion of AI applications is taking place in financial institutions, particularly in the area of risk and compliance. So how is AI helping risk and compliance processes? Risk and compliance departments suffer from massive data loads and exhausting regulatory requirements. That still sounds complicated, doesn’t it?

Compliance 70

Compliance Case Study Analysis Analytics 70

PYMNTS

NOVEMBER 8, 2019

The rule officially took effect in September, and EU countries have begun helping merchants and consumers work toward compliance. PSPs must, therefore, strike the right balance between authentication and seamlessness, while keeping up with how different European countries are tackling SCA compliance.

Compliance 101

Compliance Online Fraud Regulation 101

Banking Exchange

DECEMBER 21, 2020

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high Community Banking Consumer Compliance Customers Feature3 Financial Research Feature Financial Trends Fair Lending PPP Covid19.

Study 88

Study Community Bank Compliance Survey 88

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Comparison Industry 150

PYMNTS

OCTOBER 5, 2020

A study found that almost half of all U.S. A study from identity verification se rvice Trulioo found that 62 percent of consumers prefer onboarding experiences that prioritize security over speed across nearly all industries, but only to an extent.

Online 141

Online Compliance Report Study 141

PYMNTS

OCTOBER 7, 2019

There were no increases in transaction declines or abandonment within the first two days that SCA was active, at least according to a study by credit card provider Barclaycard. The study may not be able to speak to how transaction rejections might increase within the next year, however.

Regulation 134

Regulation Trends Compliance National 134

PYMNTS

AUGUST 4, 2019

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, which aims to identify crypto transactions associated with money laundering. A big problem with compliance, in general, is false positives. However, the majority of the transactions, around 77 percent, remained unclassified. “A

Bitcoin 115

Bitcoin Study Data Massachusetts 115

Insights on Business

AUGUST 22, 2018

According to some studies, as many as 30,000 to 40,000 regulatory changes can occur in a given year, and they are projected to culminate into 300,000,000 pages of regulation by the end of 2020. 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

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times.

Compliance 108

Compliance Regulation Industry National 108

PYMNTS

AUGUST 24, 2020

These partners specialize in managing complex international payments and staying current on global markets’ compliance intricacies, freeing up marketplaces to focus on other business aspects. . A 2019 study found 70 percent of gig workers desired digital payments, but 31 percent were paid by paper check at some point.

Study 152

Study Payments Meeting Online 152

The Paypers

APRIL 8, 2020

LexisNexis Risk Solutions has released its True Cost of Financial Crime Compliance Global Report, which provides global industry-driven insights for financial services companies.

Compliance 36

Compliance Study Industry Report 36

South State Correspondent

JANUARY 16, 2024

The documentation was lengthy and complex, the regulatory compliance and reporting was cumbersome, the accounting was tricky, and the overhead cost of launching a hedging program was challenging. No additional reporting or regulatory compliance for the lender or the borrower. No ISDA documents. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

Bobsguide

JUNE 23, 2020

Regulatory hurdles remain the greatest challenge for asset managers, who will look to outsource compliance burdens as the pandemic eases according to research. The study, conducted by Northern Trust in the first quarter of this year, found that 50 percent of asset managers cite the.

Management 167

Management Study Compliance 167

Perficient

FEBRUARY 4, 2021

By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. According to the Web AIM million accessibility evaluation study , the top five compliance errors are low color contrast, missing alternative text, empty links, missing form labels, and empty buttons.

UX 531

UX Guidelines Compliance Study 531

Insights on Business

JANUARY 23, 2017

Even better, if you could find one that was previously owned by a very good student, it may already have been accurately pre-highlighted, providing even stronger study assistance. They’re spending about $100 billion a year on compliance efforts. We call it cognitive compliance.

Compliance 70

Compliance Regulation Training Study 70