CFPB Monitor

APRIL 4, 2019

On April 2, 2019, the FDIC issued Financial Institution Letter FIL-19-2019 (the “Letter”) to remind financial institutions about certain contractual provisions and other requirements pertaining to technology service provider contracts. Defining key terms in the contracts relevant to business continuity and/or incident response.As

FDIC 68

FDIC Technology Guidelines Security 68

PYMNTS

SEPTEMBER 23, 2020

These rules govern how digital banking is managed and which types of data are considered sensitive, and they were developed to keep pace with a steady rise in digital banking adoption. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

SEPTEMBER 23, 2020

As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America. With the Digital First Card Program, we have designed a financial experience that mirrors the lifestyle of today’s generation, with simplicity and security as our guiding principle.”.

America 251

America Cards Guidelines Apple 251

Cisco

FEBRUARY 10, 2022

The question that I get asked most often by financial services CXO’s is “how do we move beyond just ‘supporting’ Hybrid Work to ‘powering’ Hybrid Work with the right technology stack so that we can address the challenges of attracting and engaging an evolving workforce and keep the organization moving forward in an agile and sustainable way.”.

Security 149

Security Operations Guidelines User Experience 149

PYMNTS

DECEMBER 1, 2019

In other news, Fidelity’s Center for Applied Technology (FCAT) announced the completion of trials involving a new digital token that will reward employees for performance and attendance. And IBM has won a blockchain patent that would stop drones from stealing packages from consumers.

San Francisco 182

San Francisco cryptocurrency blockchain Bitcoin 182

PYMNTS

JANUARY 27, 2021

The platform offers website templates, product and order management, and marketing tools. The payment processor introduced contactless pay technology in June, called QR Pay , to allow businesses to let customers pay for goods by scanning QR codes on their phones. “As 27) in a press release.

Payments 141

Payments Guidelines Software Industry 141

Perficient

AUGUST 3, 2023

Generative AI ingests data and understands guidelines incredibly well; therefore, businesses across industries are jumping to take advantage of all the possible ways the tool can help save them money and create elevated, uber-personalized customer experiences.

Industry 83

Industry Risk Management Customer Experience Fraud 83

PYMNTS

AUGUST 27, 2019

Under the guidelines, which cover exchanges, trading platforms and wallet providers, the regulators state businesses are not exempt from standards that tie in anti-money laundering (AML) rules, among other mandates. As reported, Sygnum seeks to provide traditional banking and wealth management services across DLT.

blockchain 145

blockchain Regulation Payments Bitcoin 145

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws. Change that is not fully managed can lead to vulnerabilities.

Risk Management 40

Risk Management Management Security Guidelines 40

PYMNTS

MAY 5, 2020

In the case of synthetic IDs, fraudsters target consumers’ personal details such as Social Security numbers, place or date of birth, or other pieces of data to create new personas, and then apply for cards or loans. Against that backdrop, he advocated that card programs embrace partnerships and outsource some risk management functions.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. But many of these businesses are also looking ahead to drive financial services efficiencies beyond coronavirus disruption.

Data 167

Data Lending Regional Fintech 167

PYMNTS

OCTOBER 14, 2019

Part of the problem is that money laundering controls are easier for fraudsters to anticipate than security measures for other cybercrimes. security standards from those in markets like Europe. Banks need to upgrade the sophistication of both their AML technologies and those technologies’ applications.

Strategy 109

Strategy Fraud Innovation Regulation 109

PYMNTS

AUGUST 8, 2019

When Reuters asked Apple about the Russian investigation, the tech giant referred to a statement it made on April 28 stating that it removed several parental control apps because they “put users’ privacy and security at risk.”. Kaspersky said Apple’s requirements created unfair competition for third-party developers.

Apple 108

Apple Guidelines Policies System 108

BankBazaar

MAY 22, 2020

gave the mandate to resume flight operations, it published a set of strict guidelines that airlines as well as passengers will need to follow to ensure safe and responsible travel. Cabin crew and pilots will will be wearing full body PPE including body suit apart from security staff from CISF. One thing is for certain. When the govt.

Guidelines 148

Guidelines Operations Security Technology 148

PYMNTS

JUNE 19, 2019

Strategic sourcing, data integrations with ERP and accounting platforms, digital catalogues, spend analytics and other technologies are tackling a historically paper-ridden, monotonous process in the corporate procurement department. Blockchain, too, shows promise in promoting security and speed in the B2B payments process. ”

Data 116

Data Guidelines Fraud Compliance 116

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Businesses that use real-time payments are more competitive, as the technology is becoming the standard for global commerce.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

SEPTEMBER 25, 2020

Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

Gonzobanker

AUGUST 14, 2019

AWS publishes extensive documentation and guidelines outlining how its cloud customers must secure their data. In the case of Capital One, it mismanaged its firewall, comprising its bank security. For financial institutions, it calls into question the security of cloud computing. What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

BankBazaar

MARCH 18, 2020

We’ve enabled remote working for most teams with all the technology and tools in place to ensure data security and privacy compliance. Our document collection agents follow appropriate safety guidelines as advised by health experts while interacting with customers.

Guidelines 78

Guidelines Policies Compliance Tools 78

PYMNTS

SEPTEMBER 3, 2019

As blockchain continues to make inroads into supply chain tracking, various companies in the food and produce industry have been leveraging distributed ledger technology (DLT) to source and monitor “farm-to-table” activity. Shipment Tracking.

blockchain 132

blockchain Guidelines Data Examples 132

PYMNTS

DECEMBER 5, 2016

The move to adopt mobile payments is progressing at a slow pace, largely because lack of a steady framework across shopping channels is slowing the adoption of mobile payments technology in North American and European markets. However, the same cannot be said about Asian markets, where mobile payments technology appears to be taking off.

Mobile 100

Mobile Payments Security Trends 100

PYMNTS

MAY 18, 2018

Its winner was Hermyz , a company set on using technology to guide small businesses away from paper checks and toward digitization. Christopher Phillips started the company after hearing of invoice management challenges by his mother, a small business owner. What is the point of friction you wanted to address?

Payments 115

Payments Google Security Innovation 115

PYMNTS

JANUARY 10, 2018

Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. The publication said recent financial reports from the firm say it has $429,000 in available cash; bitcoin mining technology could cost millions.

blockchain 101

blockchain Nebraska Bitcoin cryptocurrency 101

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

Compliance Data Regulation Analytics 116

PYMNTS

JUNE 27, 2020

No, the last few weeks have seen a kind of creativity that crosses the bounds of mere technological upgrades and payments improvements to make consumers feel more secure in their dining choices. How much of these outré dining innovations manage to stick around remains to be seen. Keeping people 1.5 At H.A.N.D.

Los Angeles 311

Los Angeles North Carolina Innovation Pennsylvania 311

PYMNTS

MARCH 19, 2018

In an interview with PYMNTS’ Karen Webster, Felix Marx, the CEO of Truata, said the trust is structured to be independent of customers and other stakeholders in the way personal data is managed. We are offering the methodology, the technology and the analytical tools to deliver GDPR-compliant results,” he told Webster.

Analytics 124

Analytics Data Compliance Tools 124

PYMNTS

JANUARY 15, 2018

In an interview with PYMNTS, Jordi Gascon, with EMEA Security at CA Technologies, noted the challenges for banks across the EU, right out of the gate: “PSD2 compliance is a must, and they need to cope with the intrinsic risks of opening their infrastructure to third parties.” But as to what to expect …. on a multi-bank basis.

CA 112

CA Bitcoin Data Security 112

PYMNTS

SEPTEMBER 28, 2020

The rule aims to give Egyptian businesses new guidelines for how they can process and store their consumers’ data digitally and is designed to further stimulate the growth of online banking within the market. Large-scale technology firms have fallen under fire for failing to comply with its requirements since it was first ratified.

Online 151

Online Report Payments Regulation 151

Bank Innovation

DECEMBER 28, 2017

Many of the traditional sources of competitive advantage, like capabilities, processes or technology, are easily replicable. By following a few simple guidelines, you can reap the benefits of these conversations for your organization. Read Article. Maintaining Your WordPress Website: What Marketers Need to Know.

Marketing 268

Marketing Leadership Trends Branding 268

NCR

AUGUST 18, 2017

Over the past year or so, major banks across the world have begun investigating what blockchain technology can offer to their business, with many use cases now being piloted. It started out as the rails for cryptocurrencies like Bitcoin, but has evolved as a technology that can transform many legacy business paradigms in the banking sector.

blockchain 75

blockchain Technology cryptocurrency Study 75

PYMNTS

MARCH 13, 2019

The latter are faster, more efficient, easier to use, more secure, cheaper — and essential to transform AP departments from cost centers to revenue centers. The biggest obstacle is change management,” Andrew said. But it really requires a willingness to stop and look at the technology, and what it can do for accuracy.

Tools 111

Tools Payments Guidelines System 111

Insights on Business

OCTOBER 11, 2018

Banks moving core applications to the cloud need to follow certain guidelines and standards for the migration/transformation and overall banking ecosystem to work successfully. Clients have been able to scale services for mobile-app demand with back-end infrastructure and app management capabilities built on an open platform.

Meeting 111

Meeting Customer Experience System Guidelines 111

PYMNTS

AUGUST 10, 2017

The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? That old password you have? The one referencing your favorite Journey song?

Security 134

Security Guidelines Data National 134

Abrigo

NOVEMBER 25, 2014

But those referrals can be risky, according to Paul Wapner, CPA/ABV, CGMA, who is manager of forensic and valuation services for the AICPA. Wapner said this can come into play if an equity security or other business interest is being given away. And of course, offering valuations could open the door to winning new clients.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

DECEMBER 23, 2019

James Kay, the firm’s director of issues management, recently spoke with PYMNTS about how TripAdvisor’s system defends the “content integrity” of posted reviews against misinformation and other types of fraud. Fraudsters are very inventive,” he said.

Fraud 132

Fraud Data System Guidelines 132

Gonzobanker

MAY 27, 2016

Secrets are harmful in the security practice. Instead, I used them to help my colleagues understand and address weaknesses in their own personal technology usage in order to strengthen the company’s wireless network and strengthen their mobile devices’ security settings. It’s important as a white-hat to be ethical and trusted.

Mobile 65

Mobile Meeting Security Guidelines 65