PYMNTS

APRIL 7, 2017

Compliance is not just about dealing with a specific corporate action or use case. When payments are involved, compliance is a way of life, as constant as the transactions themselves, and it is complex enough an activity for some firms as to demand outsourcing to experts. She noted that WePay exists “behind the scenes.…

Compliance 100

Compliance social media User Experience Fraud 100

PYMNTS

DECEMBER 10, 2020

Our payments tracking tool populates SWIFT gpi information into a view that can be read easily and acted upon immediately,” Tom Durkin, global product head for CashPro in global transaction services at BofA, said in a Thursday (Dec. The tool is aimed at improving speed, security, transparency and compliance. .

America 261

America Payments User Experience Tools 261

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. . billion.

Payments 165

Payments Compliance Fraud User Experience 165

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. . billion.

Payments 130

Payments Compliance Fraud User Experience 130

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. The Software-as-a-Service (SaaS) tool also looks to streamline client onboarding and improve the accuracy of customer due diligence. A press release on Tuesday (Jan.

Compliance 115

Compliance Risk Management Analysis User Experience 115

Bobsguide

AUGUST 7, 2022

In particular, Acumen.plu s loan portfolio is the ideal tool to help firms achieve standardisation of workflow, flexible curve management, various calculation methods including client loans based on RFR (Risk-Free Rates) and indices.

Management 88

Management Compliance User Experience System 88

PYMNTS

JULY 22, 2020

Her role will include legal and compliance oversight including the company affiliate, Brex Treasury LLC, a Securities and Exchange-registered broker-dealer. Brex said the new funding would be used for engineering and design to advance its tools for expense management and procurement.

FDIC 166

FDIC Kansas City San Francisco Missouri 166

PYMNTS

JULY 16, 2019

Silicon Valley’s Ondot Systems has developed a new cloud service for debit and credit card issuers that offers a great user experience while also being fast, easy and accessible, Ondot said in a press release. A key concern we hear about from customers is security and compliance,” Narayan said.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

NOVEMBER 13, 2020

One way is to adopt a comprehensive, risk-based approach, [which can be] done by conducting essential checks with regulators’ lists to identify politically exposed persons (PEP) and cybercriminals as well as employing an extensive range of tracking tools that monitor suspicious behavior,” Pathak said. Tapping Into ‘Sizeable Demand’ Via BaaS.

Payments 259

Payments User Experience Meeting System 259

PYMNTS

AUGUST 14, 2019

The phased implementation will give merchants and PSPs time to determine whether their own methods of operating under SCA compliance will indeed work for them while also pleasing regulators. Yet this meant compliance-ready, not operationally ready. a fingerprint), what they have (e.g., a phone) and what they know (e.g., a password).

Compliance 115

Compliance Tools Regulation Meeting 115

PYMNTS

OCTOBER 29, 2020

The technology conglomerate announced this week a new cloud service to help smaller banks integrate anti-money (AML) laundering protections via its Financial Crime and Compliance Management Cloud Service.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

DECEMBER 13, 2018

In Rapid City, South Dakota, for example, MED5 Federal Credit Union (MED5 FCU) launched an upgraded website after collaborating with the FinTech OMNICOMMANDER , which works to provide CUs with a variety of online tools, including web design, social media and marketing services. AML Compliance Turns CUs Into Law Enforcement.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

DECEMBER 10, 2020

Banks and other FIs must be certain that their clients are who they claim to be and adhere to AML compliance — or be held accountable. . Not just any digital banking platform will do, however: 38 percent of customers consider user experiences to be essential when selecting online banking services.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

DECEMBER 8, 2017

The firm’s co-founder and chief product officer, Ferhan Patel, said the tool aims to fill gaps left by companies’ own banks. Our platform provides the same level of treasury services you’d expect from your bank, but with a FinTech-level focus on the user experience.

Payments 195

Payments UX User Experience blockchain 195

South State Correspondent

APRIL 27, 2022

In this article, we walk through why banks should focus on total experience (TX) and give you the ten critical factors that can catapult your bank ahead of almost every bank in the industry. What Is Total Experience? Total experience is the latest evolution of providing superior service. Build from there.

Customer Experience 195

Customer Experience eBook User Experience Policies 195

Insights on Business

MARCH 7, 2019

How can they integrate a next-gen flexible enterprise GRC solution with modular framework that uses technologies like AI, machine learning, NLP, and advanced analytics to leverage their existing investments in risk and compliance while building a fully integrated GRC system, lowering total cost of ownership (TCO)?

User Experience 93

User Experience Risk Management Compliance Regulation 93

PYMNTS

MARCH 17, 2020

But depending on where a company is on its digital transformation journey, the role of those digital tools will differ. The most cutting-edge businesses are seeking next-generation solutions from their banks , while firms a bit less advanced will view digital tools as a value-add. Providing Forward-Thinking Scale.

Meeting 173

Meeting Fintech Tools Strategy 173

PYMNTS

SEPTEMBER 22, 2020

We have tens of thousands of mom-and-pop shops on our platform, and this may be their first foray into an online marketplace," explained Dean, adding that the user experience is the "absolute foundation" to IMC_di's approach to B2B eCommerce via its digital platform ShopZio.

Cards 235

Cards Online Capital Security 235

PYMNTS

NOVEMBER 18, 2016

Accounting teams in real estate firms can use the tool to automate procurement. The firms said the solution supports multiple points in the procurement process, including on-site purchasing, purchase order and invoice management, data capture, vendor compliance and reporting.

Software 100

Software United States User Experience System 100

Insights on Business

MAY 30, 2018

Innovating AI in user experience (UXD) to empower the first line of defense. I recall a recent conversation in which you mentioned the shift in how the first line of defense sees risk and compliance compared to just a few years ago? Now, of course, it’s like dozens, and compliance has exploded since then.

Compliance 87

Compliance User Experience Innovation Risk Management 87

Insights on Business

JUNE 20, 2018

Current risk and compliance systems are disparate and disconnected, often with varying taxonomies, user interfaces, and skill requirements. Most importantly, this fails to engage the first line of defense – the employees who need the proper tools to make the best and most informed decisions. OpenPages 8.0 Financial Crimes.

Regulation 70

Regulation Compliance Analytics System 70

Fintech Labs Insights

MAY 24, 2017

“To help grow their role and create effective change, compliance needs to embrace the process and tools of change, innovation, and technology,” the blog authors wrote. Further, they pointed out that even senior executives gain from the improvements technology can bring to the compliance challenge.

Compliance 21

Compliance UX User Experience Fraud 21

PYMNTS

FEBRUARY 19, 2020

According to Shultz, all of the components of the payments ecosystem must work together to develop real-time payment products and services, with an emphasis on easy onboarding and an elevated end-user experience for corporates and small businesses. “There is less time to apply traditional fraud techniques,” said Shultz.

Payments 287

Payments Fraud Survey Fintech 287

Insights on Business

JUNE 14, 2017

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); The effects of Watson are becoming evident in reducing call center costs by 20 percent, dramatically reducing wait times to near zero, and enhancing the customer experience.

Marketing 156

Marketing social media Millennials Customer Experience 156

PYMNTS

FEBRUARY 21, 2019

The company plans to roll out the next iteration of its BaaS platform this year to focus on enhanced user experience and seamless interconnectivity across multiple apps in the BaaS platform ecosystem. Green Dot also plans to upgrade the BaaS platform again in 2020, he noted, with an emphasis on risk controls and compliance.

Taxes 188

Taxes User Experience Cards Operations 188

PYMNTS

SEPTEMBER 23, 2020

This newfound dependence on digital remittance tools could forge long-lasting habits, Tay added. “I Secure digital tools could help solution providers gain long-term customers and provide much-needed convenience and well-designed offerings to consumers who may not have known there was an easier way.

Policies 132

Policies Security User Experience Tools 132

PYMNTS

JULY 23, 2019

It’s a process that doesn’t leave much room for interpretation — either you are compliant or you’re not — and one in which companies tend to bring in a partner who can make the process of achieving and maintaining compliance less painful. Dynamic Vs. Static Authentication . Moreover, he added, enabling more than $3.6

Data 101

Data Mobile Compliance Security 101

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience.

Fintech 132

Fintech Groups Data Strategy 132

South State Correspondent

AUGUST 31, 2022

Using these tools, banks can process documents accurately at scale, saving a tremendous amount of money and unlocking this dark data and turning it into useful intelligence. Most good platforms provide an extractable “confidence score” that rates the data intelligence job. The Advantage of Using Document Intelligence.

Training 448

Training Data Examples Taxes 448

PYMNTS

OCTOBER 18, 2017

When it comes to stymied innovation, are regulatory and compliance mandates an explanation or an excuse? When Webster brought up the conventional wisdom that compliance costs time, money and corporate focus, all of which could conceivably be devoted to innovation, Wain noted that technology serves an important function.

Innovation 140

Innovation Compliance Community Bank Strategy 140

Perficient

JANUARY 16, 2024

Regularly review and update policies annually to ensure compliance with current rules and regulations. Software tools to detect unusual patterns or transactions, risk management protocols, compliance assurance, regular reporting, and quality control. The use of monitoring systems that track and analyze financial activities.

Compliance 221

Compliance Guidelines Policies Risk Management 221

PYMNTS

SEPTEMBER 24, 2019

As Cohen told Webster, conflicts arise in meeting the basic requirements of governance and compliance when it comes to payments, bank accounts and, especially, money transferred across borders. We are able to add all of these identity-based tools and interoperability for cross-border exposure much more easily.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

NOVEMBER 26, 2019

Member expectations for a really wonderful and seamless user experience in the digital space translate to that same expectation from SAFE.”. SAFE has been delivering on-demand experiences since 2016, when it launched a targeted marketing function on its mobile app. Now, all of that is affecting SAFE as well.

Marketing 131

Marketing Sacramento Data Mobile 131

PYMNTS

APRIL 12, 2018

Big tech names like Uber, Lyft, SAP and American Express focused on product development, while new market entrants have emerged to target T&E processes like expense filing, spend analysis, trip booking and policy compliance. We have a maniacal focus on user experience.

Innovation 101

Innovation User Experience Management Policies 101

Cisco

DECEMBER 21, 2020

This is mainly due to the fact that existing individual cloud-provided tools are not integrated and create data silos. How will you assure and secure user experience to any cloud from anywhere? Also, most companies are unable to connect the dots between poor digital performance and the cost to the business.

Customer Experience 95

Customer Experience Innovation Policies Security 95

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Some “old school” methods that worked in the past aren’t working anymore. The Physical Side of ID Theft .

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

Gonzobanker

JULY 6, 2021

So once again, integration models and tools are important. Transformation is a high-cost, high-benefit, high-risk enterprise initiative that has the potential to make an institution nimble, improve its customer and user experiences, and realize advanced process efficiency. Transformation Strategy.

Strategy 156

Strategy System Risk Management Technology 156