CFPB Monitor

JULY 27, 2020

cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency.” Through intermediated exchanges of payments, banks facilitate the flow of funds within our economy and serve important financial risk management and other financial needs of bank customers.

National 113

National cryptocurrency Risk Management Regulation 113

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

JUNE 18, 2020

VMware Head of Cybersecurity Strategy Tom Kellermann said that extremist groups, beyond organized crime, are known to harness alternative payments infrastructure to fundraise and for “operational purposes.” Kellermann said there has been a rise in the instances of thefts and hacks at cryptocurrency exchanges.

Bitcoin 141

Bitcoin blockchain Payments Risk Management 141

Abrigo

FEBRUARY 15, 2023

Financial institutions can mitigate these risks with strong information security protocols, including clear policies and cybercrime education training for every employee. Institutions should also monitor virtual currency or cryptocurrency transactions for unusual activity. Criminals use this information to disrupt the U.S.

Fraud 195

Fraud United States Training Policies 195

PYMNTS

NOVEMBER 26, 2019

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Department of Justice on illegal financial issues affecting national security.

Bitcoin 141

Bitcoin ATM Risk Management Compliance 141

PYMNTS

SEPTEMBER 25, 2018

Enhanced data security and analytics are at the top of chief financial officers’ priority lists among both private and public companies, according to new data from auditing and advisory service provider Protiviti. The results are not surprising, he said.

Data 168

Data Analytics blockchain Survey 168

PYMNTS

MARCH 6, 2019

Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. For instance, the ability to transfer data and various assets can help firms keep track of, and improve, operations. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior.

blockchain 189

blockchain Management Data User Experience 189

Bobsguide

JULY 21, 2022

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. Sabrina Wilson : Sabrina is the Chief Operating Officer of the institutional digital asset infrastructure firm Copper.co.

Leadership 88

Leadership New Jersey America Capital 88

PYMNTS

MAY 7, 2020

Argos Risk, Gatekeeper Enable Third-Party Management. Argos Risk and Gatekeeper are teaming up to offer enhanced third-party and supplier risk management solutions in a Software-as-a-Service offering that aims to support the buyer-supplier relationship. Companies need to offer their clients choice.”.

Tools 151

Tools Payments cryptocurrency Management 151

CFPB Monitor

APRIL 25, 2022

Anchorage is not any regular entity overseen by the OCC: it is a cryptocurrency custodian. The January 2021 Operating Agreement . The preliminary approval had requirements, including that Anchorage enter into an Operating Agreement with the OCC. Notably, Anchorage will pay no civil penalty. The Consent Order.

Compliance 78

Compliance Digital Banking Training South Dakota 78

CFPB Monitor

NOVEMBER 29, 2021

To obtain supervisory non-objection, a bank must demonstrate in writing that it understands any relevant compliance obligations, including under the Bank Secrecy Act, federal securities laws, the Commodity Exchange Act, and consumer protection laws.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

PYMNTS

JUNE 27, 2016

“Over the past few years, the rise of new financial marketplaces, globalized eCommerce, cross-border payments, international remittances, and cryptocurrencies have become significant opportunities for banks,” Caldera wrote in a recent report. banks and their relationships with payday lenders, and other high-risk businesses.

Regulation 101

Regulation Guidelines Risk Management Operations 101

Gonzobanker

DECEMBER 14, 2023

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Richard Durbin for his continued assault on the industry’s ability to make money supporting safe, secure consumer and business payments. It seems this “seasoned executive” had quite a few holes in his storied resume.

Fintech 194

Fintech Community Regional Technology 194

FICO

MARCH 6, 2020

In 2014, I joined Tonbeller as Head of Sales & Channel Operations and became Management Board member shortly thereafter. FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. How long have you been in the industry?

Compliance 81

Compliance Technology Fraud Analytics 81

Independent Banker

NOVEMBER 25, 2015

Meanwhile new competitors regularly emerge, including person-to-person facilitators such as digital wallet provider Venmo, crowd-funding loan provider Lending Club and real-time cryptocurrency settlement company Ripple. Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch.

Community Bank 70

Community Bank Community Analytics Lending 70

FICO

DECEMBER 23, 2020

In a post-COVID world there will be a renewed focus on operational resilience, as well as a return to the core areas of focus, such as: Enterprise risk management — including proper oversight of significant third-party relationships and partnerships.

Compliance 52

Compliance Regulation Data Risk Management 52

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. Eight companies on our list have gone public: Freee , Bill.com, Tyro Payments , Prospa , Lakala Payment , Tiger Brokers , Futu Securities , and PINTEC. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Lex Sokolin

JULY 1, 2019

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something something that Facebook and JP Morgan have already started building.

Bitcoin 40

Bitcoin System Software blockchain 40

Fintech Labs Insights

DECEMBER 30, 2015

Vendor management for financial services companies. Investment portfolio management . Tags: Consumer, mobile wallet, security, payments. Latest round: $4 million. Total raised: $6.3 HQ: Elizabethtown, Kentucky. Source: Crunchbase. Prestiamoci. Person-to-person consumer lender . Latest round: $2.2 million Series. Sharesight.

Company 12

Company New York City Fintech Kentucky 12

Lex Sokolin

DECEMBER 25, 2019

Other things like Compound are essentially a securities lending marketplace?—?you Having interest rates native to the crypto economy is very helpful, but we are still shy of lending based on actual underwriting and off-chain risk. operated, or maybe audited and controlled, by the US government. That is to say?—?governments

blockchain 52

blockchain Bitcoin Software Lending 52

Tomorrow's Transactions

NOVEMBER 6, 2016

It turns out that I couldn’t get a ticket for the actual theatre so I decided to set up a security theatre instead. I tend to focus on the business models around identity, but I’m sure there are others in big data, analytics, risk management and so on. But I didn’t have time to stay and chat because I was off to the theatre.

blockchain 52

blockchain United States Payments social media 52