PYMNTS

NOVEMBER 8, 2020

According to the release, Ripple chose DIFC for its “innovative regulations, expansive network and reputation as a leading global financial centre,” according to the release, with the two companies “aligned” in their visions for the future.

Bitcoin 155

Bitcoin blockchain Fraud Conference 155

PYMNTS

MARCH 25, 2019

Cohen described the numbers tied to ill-gotten gains as “eye-opening and [likely to] raise flags for the regulators. One microcosm of fraud and regulatory scrutiny is cryptocurrencies. But the practices of KYC and AML should be no different with cryptocurrencies than might be seen elsewhere in the financial arena, he said.

cryptocurrency 196

cryptocurrency Compliance Fraud System 196

PYMNTS

NOVEMBER 15, 2019

Users of Facebook Pay , which the company said is not related to its proposed cryptocurrency Libra, will be able to enter a preferred payment method and then use the option to eventually pay throughout all of the related apps. Behind Regions Bank’s AI-Powered Digital-First Push. Deutsche Bank told U.K. Money Laundering Epidemic.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 22, 2019

“If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation. And accurately, he noted, doesn’t just mean they lock out fraud. Opportunity, he noted, abounds.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

SEPTEMBER 6, 2018

Take cryptocurrencies, for instance. Might an on-demand mindset benefit those tech upstarts when tackling issues like fraud and anti-money-laundering (AML)? These new [payment and service] models are attracting worldwide users and they may not be connected to a specific region.”.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

MARCH 12, 2018

And yet: How and why to regulate? And where – and just who should do the regulating? If so, some measures come into play – aimed at shielding investors from fraud, and well, unleveled playing fields – that haven’t been in play. Japan, of course, has taken the leap to require exchanges to be registered with regulators.

Regulation 117

Regulation Security Course blockchain 117

Alex Jimenez

NOVEMBER 4, 2023

Regulation and Compliance: Not one of the more exciting topics, but there seems to be a growing emphasis on FinTech regulation and compliance, particularly around industry stability and consumer protection. Financial Inclusion: The need for the industry’s support of underserved populations and regions came up often.

Conference 84

Conference Meeting Trends Fintech 84

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. To add to the concern, new types of transactions outside of banking are emerging as money laundering risks in the region. McConaghy added. How APC Will Fight Financial Crime in Panama.

Compliance 45

Compliance Regional Survey Analytics 45

PYMNTS

FEBRUARY 28, 2018

Why should organizations say “yes” to purchase order matching and “no” to cryptocurrencies? That includes anti-money laundering (AML) compliance, know your customer (KYC), fraud mitigation, marketing, privacy, document review, Office of Foreign Assets Control (OFAC) compliance, reporting and more.

blockchain 100

blockchain System cryptocurrency Regional 100

FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations.

Compliance 52

Compliance Regulation Data Risk Management 52

PYMNTS

JANUARY 1, 2021

Indian FinTech Cashaa and the country's United Multistate Credit Cooperative Society teamed up to launch what they say is the world's first cryptocurrency bank branch through a joint-venture bank called Unicas, according to a release. The operation also will provide traditional banking services, according to the backers.

Miami 201

Miami Bitcoin cryptocurrency Florida 201

Abrigo

MARCH 3, 2021

While the typologies of EIP fraud are not new, FinCEN has provided examples of trending types of EIP-related criminal activities. . Takeaway 1 FinCEN has provided examples of the trending types of EIP fraud. . Takeaway 3 FinCEN has requested specific SAR filing instructions for EIP fraud. . Red flags for EIP fraud.

Fraud 195

Fraud Payments ATM Trends 195

PYMNTS

JANUARY 31, 2020

If they can get it under control quickly, it will even then have an impact on GDP and the hundreds of brands that are in the Wuhan region. That doesn’t mean, she noted, that cryptocurrency or blockchain technology is dead or has no future. “It depends a little on how this plays out. But that future won’t be built by bitcoin.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. Existing startups like the UK’s Revolut are also looking to expand in the region. why profitability won’t come easy.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JULY 1, 2019

Facebook made waves this month when it announced its Project Libra cryptocurrency initiative. The announcement establishes a low-cost ecosystem that will enable Libra cryptocurrency users to make purchases both on Facebook and other online marketplaces. Delivering a Smoother eCommerce Experience.

blockchain 100

blockchain cryptocurrency Retail Regulation 100

PYMNTS

DECEMBER 14, 2017

It’s been a newsworthy week for bitcoin, with agencies around the world concerned with a potential bubble involved in cryptocurrency. The survey, which excluded the top 25 banks, was comprised of regional banks, smaller commercial banks, community banks and credit unions, the majority having assets between $500 million and $5 billion.

Bitcoin 122

Bitcoin Data Compliance Survey 122

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Fraud and money-laundering are closely connected. However, this has changed over time.

Compliance 81

Compliance Technology Fraud Analytics 81

Abrigo

JULY 22, 2022

Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. You might also like this whitepaper, "Understanding Cryptocurrency." Historical benefits of cryptocurrency. Cryptocurrency's appeal to consumers.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

CB Insights

FEBRUARY 21, 2019

Blockchains operate through decentralized peer-to-peer platforms, building resilience against the spread of corrupted information and boosting resistance to fraud. Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. Moreover, title fraud poses a risk to homeowners worldwide.

blockchain 78

blockchain Fraud Technology Management 78

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JULY 15, 2019

It has been about a month since Facebook pulled back the curtain on its vision for Libra – a blockchain-backed cryptocurrency with the lofty aim of connecting the 1.7 And regulators in the U.S. But will regulators want to come to the table – or is it more likely they will want to shut it down?

Regulation 100

Regulation cryptocurrency Policies blockchain 100

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy.

Community 216

Community Fintech Industry Innovation 216