PYMNTS

APRIL 1, 2020

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Yi said the impact of COVID-19 caught Zoku Sushi “completely flat-footed” by the nearly overnight shutdown that came to its base of operations in Midtown Manhattan.

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PYMNTS

JULY 2, 2018

Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. Pertaining to investigations, the regulation – which took effect on May 25 – places restrictions on the data that can be shared internationally in the “public interest.”

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Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

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Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

CFPB Monitor

JULY 12, 2022

However, regulators themselves have been criticized for encouraging de-risking by driving highly risk-adverse decisions by FIs, who are unwilling to take the chance and assume the compliance costs of doing business with specific customers who may in fact be “legitimate,” but whose risk profile is deemed to be high due to their group affiliation.

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PYMNTS

DECEMBER 16, 2020

New draft rules tied to the Digital Services Act and Digital Markets Act (collected under the Digital Services Act Package ) would broaden European Union regulators’ power to rein in Big Tech. And, of course, as have been seen in the past, sweeping fines loom as part of the arrows in the European Union’s quiver.

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South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

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FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

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Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

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BankUnderground

JULY 27, 2022

There are a range of channels through which QE can/might operate, though there remains uncertainty over the relative size and importance of these channels. The ‘portfolio rebalance’ channel is one of the most prominent channels through which QE is thought to operate. But how does QE work?

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PYMNTS

JUNE 24, 2020

The B2B firm said it works with “leading money transfer operators, mobile wallet operators and financial institutions to facilitate digital transactions without borders,” and is regulated in more than 45 countries around the world. That’s up from $601 billion in 2016.

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PYMNTS

DECEMBER 24, 2020

It all depends on how you look at it — and where you look, of course. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And, of course, the crypto landscape extends well beyond bitcoin. Of course, it’ll take some time to get there if we do. Dollars Done Digitally. Still, a new year dawns.

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Abrigo

MAY 20, 2022

The CAMELS rating is a measure of a financial institution’s risk based on an evaluation and rating of six essential components of its financial condition and operations. Earnings: The quality, trend, and sustainability of the net profits from a financial institution’s operations. What regulators look for in top-down guidance.

Risk Management 195

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PYMNTS

OCTOBER 16, 2018

The number of peer-to-peer lenders in China is projected to decline greatly to around 50 from more than 1,500 during the course of the next year. Several other industry executives told the Financial Times that the new regulations will push most of the companies out of the market.

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FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

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PYMNTS

SEPTEMBER 24, 2020

In an interview with Karen Webster, John Rainey , chief financial officer and executive vice president of global customer operations at PayPal , noted that CFOs (including himself) have learned to pivot, too, with ground-level, tech-driven insights that move well beyond simply tracking money flows. What’s Important To Merchants.

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South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently.

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PYMNTS

NOVEMBER 16, 2017

Put a different way: If you open a country’s financial markets, will the (foreign) banks bring the capital? News came last week that China offered up plans to let outside investors into its markets — allowing for stakes big enough to take control of that country’s financial companies. Will China’s invitation get the party started?

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PYMNTS

AUGUST 20, 2018

The case against them, and the decision it rendered, deviated sharply from the traditional Sherman Act cases that accused companies of using their market power to raise prices to the detriment of the consumer. Regulators didn’t destroy A&P in the end. There was one wholesaler for every 43 mom-and-pop operations.

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PYMNTS

DECEMBER 11, 2019

So-called peer-to-peer (P2P) lending has certainly faced challenges in certain markets. We had to deal with credit and trust issues very quickly,” he said, echoing other FinTech leaders and entrepreneurs who operate in the Middle East and in the Gulf countries. “We That doesn’t mean it’s been easy. More Focus on P2P Lending.

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PYMNTS

MAY 26, 2016

Sometimes slow news is good news for a sector, particularly one like the on-demand delivery market space, where recent news has surrounded a wave of firms flaming out. Uber has since fired back with its own PR statement, of course. But the events of the week indicate that this area is not likely to remain quite so gray forever.

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PYMNTS

JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. It remains to be seen how such oversight might carry over, or not, into other markets. Europe’s General Data Protection Regulation springs to mind.).

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PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 70 percent.

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PYMNTS

JANUARY 20, 2021

That includes anniversaries in the payments space, of course. Generally speaking, that data sharing paves the way for a streamlined banking experience, especially over online and mobile conduits, via regulated providers. A few recent examples profiled in these digital pages centered on private market activities: U.K.-based

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PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). based tech firms operating there.

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Perficient

MAY 21, 2021

In her first semester at Southwest Minnesota State University, she majored in Computer Science and learned quite a lot about terminals, using Jedit, and also learned about gates and machine languages operating off binary numbers. Deepti Dhar’s Bright Paths Project: Welcome to Stock Market. Bright Paths Project: Welcome to Stock Market.

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PYMNTS

NOVEMBER 14, 2018

Consider the fact, as Reuters did, that firms such as Alibaba roughly doubled in value in 2017 alone – a stock market ascent that seems quite a ways away, given the volatility that has marked the past several months and that has hit valuations by trillions of dollars. Tariff wars don’t help that scenario, of course.

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PYMNTS

SEPTEMBER 10, 2019

The Geneva-based, Facebook-led Libra cryptocurrency will have to adhere to stringent regulations, Reuters reported on Tuesday (Sept. Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker told Geneva reporters that all cryptocurrency projects operating in the U.S.

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PYMNTS

DECEMBER 11, 2019

and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over the growing pains of digital transformation experienced by their peers in other markets, and emerge as tech-savvy, digital companies from the get-go. The gradual legalization of cannabis in the U.S.

Payments 130

Payments Industry Compliance Technology 130

PYMNTS

OCTOBER 7, 2019

Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make those investment vehicles more innovative, and give them quicker entrance to the market. SEC Chairman Jay Clayton told CNBC last month that “progress is being made” in crypto ETFs coming to market.

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PYMNTS

JUNE 13, 2019

Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Operating models are of course different across different verticals and platforms.

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South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. It is likely that regulators will soon ask banks to come up with a plan.

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PYMNTS

DECEMBER 10, 2020

From having to manage troves of unfamiliar vendors to navigating a market marred by fraud, the procurement process for personal protective equipment (PPE) was — and is still — not easy, but it's not the only headache these organizations face. The pain points don't stop there, either. Digitization Ahead.

Operations 219

Operations Fraud Industry Management 219

PYMNTS

APRIL 10, 2019

Expansive supply chains mean organizations must not only address the risks they face directly, but the risks their supplier bases face as well, including compliance with labor, money laundering, Know Your Customer (KYC) and other regulations. Globalizing supply chains adds an extra layer of complexity, of course.

Taxes 139

Taxes Compliance Regulation Data 139

PYMNTS

JUNE 6, 2019

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. Online liquidation is nothing new, of course, but it’s gaining force and taking new forms, as the YouTube videos demonstrate. Now, regulators are getting into the game, as the news from France shows. Liquidation Trends.

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PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. There is a silver lining, however, if financial institutions are willing to recognize it.

Compliance 116

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PYMNTS

JANUARY 28, 2019

As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb. It is the smaller businesses that have held the ear of Modi’s government, which of course has had the Startup India program in place for three years.

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