PYMNTS

JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

Perficient

MARCH 1, 2021

The secret to understanding timing and creating truly impactful communications hinges on a deeper understanding of HIPAA’s definition of marketing. Most of us have had to go through HIPAA training, and we understand about data-security and protected information. HIPAA was created nearly 25 years ago.

Marketing 508

Marketing Training Data US 508

PYMNTS

NOVEMBER 14, 2019

Securities and Exchange Commission (SEC) that its cryptocurrency is a security. The company’s legal team tried to persuade the district court of the Southern District of New York that the SEC’s case was void because the legal definition of an “investment contract” is unclear. The judge hearing the case, P.

Security 100

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PYMNTS

SEPTEMBER 22, 2016

Definitely for it,” said Siddhartha Sharma, chief technology officer at Hedgeable. From an entrepreneur’s standpoint, it removes bureaucracy and regulation upfront, while gauging customer interest, and enables them to focus on product development.”. Earlier this month, Hong Kong launched its own sandbox initiative.

Regulation 100

Regulation Fintech Innovation Bitcoin 100

BankBazaar

APRIL 11, 2024

India’s telecom regulator TRAI has unveiled new regulations aimed at introducing caller ID as a default service and preventing fraudulent SIM swap activities. It remains to be seen how these regulations will work with the upcoming Digital Personal Data Protection Act. Why the New Rules?

Regulation 60

Regulation Operations Mobile Security 60

PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. PCI compliance is vitally important for businesses that process credit cards. Gearing up for GDPR.

Compliance 179

Compliance Data Security eBook 179

Abrigo

FEBRUARY 8, 2022

Takeaway 2 NBFIs should ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators. Stay up to date on regulations affecting NBFIs and other BSA trends. Below are 10 things NBFIs should do to ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators.

Compliance 195

Compliance Training Regulation Fraud 195

CB Insights

MAY 8, 2018

Even as the media storm around the sector has calmed, regulators are acting more aggressively and decisively, issuing subpoenas to bad actors and providing guidance to good ones. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. THE FUTURE OF BLOCKCHAIN TECH.

blockchain 75

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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. IBM’s innovative technology , powered by Watson, offers that end-to-end approach. The need for GRC is greater than ever before.

Compliance 79

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Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

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CFPB Monitor

MARCH 8, 2019

The proposed changes are informed by the FTC’s enforcement experience and are intended to keep pace with technological developments. The Safeguards Rule requires financial institutions to have a comprehensive information security program.

Cyber Security 68

Cyber Security Guidelines Security Compliance 68

PYMNTS

SEPTEMBER 29, 2017

Managing liquidity and credit risk are definitely of main concern to FIs. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. The risk of noncompliance is an entirely separate beast, with many regulations increasingly targeting banks’ risk management activities.

Fintech 141

Fintech Risk Management Compliance Management 141

PYMNTS

JULY 26, 2020

The announcement by the Consumer Financial Protection Bureau ( CFPB ) comes on the heels of a symposium it held in February which included experts from consumer groups, financial technology (FinTech) companies, trade groups, banks and data aggregators. Complaints are up 50 percent compared to the same time last year, March to June 2019.

Data 173

Data Google Fintech Groups 173

Insights on Business

JANUARY 3, 2019

But while mobile devices give us great power and convenience, they also create new security and privacy challenges. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines. Simultaneously, regulators and auditors are issuing new cybersecurity regulations and guidelines.

Risk Management 128

Risk Management Management Regulation Guidelines 128

CFPB Monitor

AUGUST 21, 2018

The report raises a number of issues with screen scraping while promoting the benefits of application programming interfaces (APIs) “that allow for the inclusion of robust security features, greater transparency and access controls for consumers, improved data accuracy, and more predictable and manageable information technology costs.”

Data 84

Data Report Regulation Security 84

PYMNTS

AUGUST 24, 2019

CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology. The move comes amid a general trend in all areas of payments and commerce to move beyond the limitations and security risks that come with older forms of ID authentication and verification. million people in 2016 to 17.2

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Data 131

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PYMNTS

JUNE 18, 2019

The company wants to continue to innovate payments solutions using ID and digital money technology. TokenOS, the company’s open banking platform, enables a global ecosystem of banks, their customers and developers to initiate payments and move money and information securely, instantly and frictionlessly worldwide.”.

Leadership 161

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PYMNTS

MAY 6, 2019

Some things are easy to identify as more or less mature at the moment, though, and there are definitely phases in development that can be identified. Yet, healthcare is also an intensely regulated space, which means there are many challenges in how to move, store and secure data that — by statute — must remain private.

Regulation 198

Regulation Data Examples New York 198

CB Insights

JUNE 27, 2018

In June, the SEC’s head of corporate finance William Hinman stated that ether, the cryptocurrency associated with the Ethereum network, is not a security. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology. The SEC wants to regulate most tokens like securities.

Regulation 39

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PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

Technology 186

Technology Trends Regulation Training 186

NCR

DECEMBER 2, 2016

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

Security 40

Security Payments Cyber Security Regulation 40

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. I will define it here for financial services and regulated companies as the business strategy and processes by which an organization establishes who a customer is and ensures that activity on their accounts is carried out by them.

Management 98

Management Fraud Customer Experience Compliance 98

PYMNTS

SEPTEMBER 25, 2018

A report by the Bank for International Settlements (BIS) found that when it comes to credit done through nascent technological platforms, boons and risks are afoot. Against that backdrop, said Barron’s, “the perils of extremely risky peer-to-peer lending products being marketed as deposit-like securities became clear.”.

Fintech 172

Fintech Lending United States Regulation 172

PYMNTS

FEBRUARY 21, 2018

According to reports, Kaliningrad governor Anton Alikhanov and VEB chairman Sergey Gorkov met with officials at the Russian Investment Forum to announce their collaboration using, according to Alikhanov, VEB’s “competence in the area of blockchain technology. In Spain, regulators are reportedly exploring how to support blockchain developers.

blockchain 130

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PYMNTS

NOVEMBER 18, 2018

A Chinese company that develops facial recognition technology could be facing a ban in the U.S. However, its core components — from the chips that power its smart cameras to the hardware that stores high-definition footage — are made in Silicon Valley. Huang Fanghong, Hikvision’s vice-president, said during an earnings call this April.

US 188

US United States Video Regional 188

Banking 2020

OCTOBER 22, 2014

From the retail point of sale to core banking systems, online security issues have dominated financial headlines in 2014. The Banking.com staff recently connected with Alex Trombetta, Vice President of Digital Check ‘s international division, to discuss a recent study they released on ultraviolet check security and technology.

Technology 57

Technology Fraud Security Study 57

PYMNTS

SEPTEMBER 20, 2018

While financial institutions (FIs) are investing significantly in the technology, their corporate customers may be weary when it comes to using the blockchain solutions their financial services providers now offer. The market is expected to secure 30 percent of those efforts between 2021 and 2023; at present, the U.S.

blockchain 188

blockchain Innovation Tools Survey 188

CFPB Monitor

JANUARY 6, 2021

The NYCFL’s definition of “sales-based financing” would encompass merchant cash advances (MCAs). The definition also includes “a true-up mechanism where the financing is repaid as a fixed amount but provides for a reconciliation process that adjusts the payment to an amount that is a percentage of sales or revenue.”. Disclosures.

New York 78

New York Regulation Security Payments 78

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. ” What is clear, though, is that demand for T&E technologies is on the rise.

Management 116

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PYMNTS

JULY 25, 2019

There’s definitely a benefit to having a global setup when it comes to fraud, because some of these fraud schemes are very elaborate, but… they [also] happen everywhere around the globe,” Kopp said in a recent interview with PYMNTS. CEO for German-native, fully digital, mobile-first challenger bank N26. operations.

Fraud 164

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CFPB Monitor

JULY 6, 2021

The Priorities have been much-anticipated because, under the AML Act, regulators will review and examine financial institutions in part according to how their AML/CFT compliance programs incorporate and further the Priorities, “as appropriate.”. technology and trade secrets. None of this is wrong, of course.

United States 78

United States Fraud Regulation Compliance 78

PYMNTS

FEBRUARY 15, 2018

we sometimes have to wait five business days to know if a payment is complete or not, which is definitely not the way things should be in 2018.”. I can’t go into too much detail,” he warned, though he did highlight WeTravel’s interest in blockchain technology. I could definitely see a huge potential in this sense. In the U.S.,

blockchain 109

blockchain Payments Groups Regulation 109

PYMNTS

MARCH 13, 2020

Pilot offers business clients — including eCommerce companies and technology startups — bookkeeping, corporate payment and tax services, he added. Millennials tend to blur personal and professional lines a bit more than older generations, retaining security and speed expectations when starting or operating SMBs.

Millennials 160

Millennials Taxes Innovation Operations 160

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52

PYMNTS

JUNE 29, 2017

The most notable trend for Anovia is the definition of the ISO,” Jones said. Our market environment has become so much more complex because of the evolution of technology, regulation and data security. There are several merchant-facing technology platforms with strong reporting capabilities,” Jones said.

Payments 143

Payments Retail Branding User Experience 143

PYMNTS

DECEMBER 20, 2017

Securities and Exchange Commission (SEC) has suspended trading for The Crypto Company shares until Jan. Malibu, California-based Crypto calls itself “one of the first publicly traded technology companies” providing investors with “responsible access” to digital currencies and blockchain. According to Tuesday (Dec.

Bitcoin 101

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