Abrigo

AUGUST 25, 2015

Current technology has enabled auditors to analyze extensive amounts of financial data, allowing accounting professionals to more easily identify areas of risk. These technologies have also helped streamline time per audit and produced higher quality assurance. Is your firm taking advantage of these current technologies?

Technology 150

Technology Big Data Software Analysis 150

PYMNTS

APRIL 23, 2020

The bolstered functions let universities securely issue refunds to international students and automatically pause payment plans. In February, news surfaced that Flywire acquired healthcare technology startup Simplee while also closing a $120 million Goldman Sachs-led investment round.

Guidelines 130

Guidelines Policies Community Study 130

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs . Future of APIs .

Security 151

Security Fraud Payments Compliance 151

PYMNTS

JUNE 11, 2020

This is fueling a wave of interest and need for digital alternatives, many of which leverage biometric technology. The technology itself is not new — many consumers already use biometric authentication in their daily lives, with 80 percent of consumers using their fingerprints to unlock their smartphones, for example. Pennsylvania Gov.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

OCTOBER 24, 2019

The Technology Task Force on Digital Assets will assess the role and scope of International Securities Identification Numbers (ISINs) in respect to digital asset identification, as well as recommend the potential benefits of creating guidelines for the assignment of ISINs.

Security 100

Security Bitcoin Guidelines Industry 100

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. The last day to apply for a PPP loan is March 31, 2021, according to the SBA guidelines. SBA Unveils Guidance for Second Round of PPP Loans. FortisPay Buys Swype to Expand AP, ERP Capabilities.

Security 139

Security System Guidelines Retail 139

PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. With regulations governing open banking, [like] PSD2, and storage of data, [like] GDPR, we now have an even stronger case to securely open our systems to external partners,” Schmidt said. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

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

Payments Source

NOVEMBER 11, 2020

EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. (..)

Mobile 127

Mobile Cards Guidelines Branding 127

Abrigo

SEPTEMBER 11, 2023

DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when. Takeaway 3 Financial institutions should resist the hype to apply the technology to their most complex problems and be strategic as AI improves. So, what is generative AI?

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

SEPTEMBER 23, 2020

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.”. As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America.

America 251

America Cards Guidelines Apple 251

PYMNTS

SEPTEMBER 29, 2020

Mastercard, through its collaborative fraud and dispute resolution technology Ethoca , will now offer a new version of online statements with added logos and clear business names for each transaction. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

Online 243

Online Guidelines Study Fraud 243

SWBC's LenderHub

OCTOBER 19, 2021

If you’ve ever worked with a payments product development team, you may have heard the term SDK technology. In simple terms, it is a set of tools, programs, and guidelines software developers can use to build an application that's specific to a platform. SDK stands for software development kit.

Software 78

Software Guidelines Payments User Experience 78

PYMNTS

DECEMBER 18, 2020

Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. Studies have suggested that these advanced technologies can improve fraud detection rates by as much as 50 percent and — just as importantly — reduce false positive rates by 60 percent.

Fraud 229

Fraud Trends Security social media 229

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 31, 2020

Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines. Around The Data Protection And Security World. The regulation is now slated to roll out in July 2020, rather than the February 2020 deadline previously proposed.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

JANUARY 6, 2020

The rules go into effect Monday, and require companies that export some types of geospatial imaging technology to apply for a license to send it overseas, with the lone exception being to Canada. The need for this was for economic and security reasons, especially as related to rivals like China. billion by 2023.

Software 132

Software Guidelines United States Security 132

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

US 227

US Cyber Security Security National 227

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 145

Security Operations Guidelines User Experience 145

PYMNTS

JANUARY 10, 2019

McLain told PYMNTS that the guidelines the card schemes or PSPs offer to merchants can assist with the technical heavy lifting that can help balance security and commerce. The guidelines could help a merchant capitalize on the maximum number of exemptions that are available as part of PSD2. Looking for Exemptions.

Guidelines 173

Guidelines Compliance Fraud Cards 173

PYMNTS

JANUARY 27, 2021

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 We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. “We

Payments 141

Payments Guidelines Software Industry 141

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Would you like other articles like this in your inbox? Takeaway 1 Investment fraud schemes known as pig butchering scams contributed to $3.3

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

MAY 28, 2020

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Biometric security systems are just one example of the major technological investments banks have made in recent years.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

MAY 27, 2020

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. Developments From Around The CU Ecosystem. About The Tracker.

ATM 243

ATM Innovation Meeting United States 243

PYMNTS

SEPTEMBER 16, 2020

Homesharing platforms must vet renters or tenants and ensure that their personal and payment data remain secure, for example. Delivering safe yet seamless onboarding experiences is also critical to sharing economy providers, and Paine said his team is examining emerging digital identity verification technologies for hosts and renters.

Taxes 230

Taxes Guidelines Meeting Security 230

PYMNTS

NOVEMBER 7, 2019

Many expanding technologies raise ethical implementation concerns, and digital ID’s extraordinary potential means coordinating clear and internationally accepted guidelines is increasingly necessary. Proposed ethical guidelines. as a guideline. Ethical problems facing digital ID.

System 131

System Guidelines National Online 131

PYMNTS

APRIL 7, 2017

A bill that would encourage SMEs to follow cybersecurity guidelines is making its way through Congress as an addition to existing legislation encouraging the same of large corporates. They’re really relying on themselves to update their software and check for security patches.”

Guidelines 128

Guidelines Maine Software National 128

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. The presence and curation of FinTechs is growing … and we are leveraging the technologies offered by FinTech players to enhance customer experience. and the U.S.

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations.

Regulation 141

Regulation Guidelines Groups Report 141

PYMNTS

MARCH 2, 2020

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

NOVEMBER 13, 2018

Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. Of the survey respondents, one-third said they plan to adopt the technology in the next three years.

Payments 192

Payments Survey Innovation Guidelines 192

PYMNTS

SEPTEMBER 14, 2017

According to news from Reuters , the Ministry of Industry and Information Technology (MIIT), which is creating the platform, announced that companies and telcos – as well as government bodies – will be required to share information on cybercrime, including Trojan malware, hardware vulnerabilities and content linked to “malicious” IP addresses.

National 174

National Guidelines Resources Tools 174

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

JANUARY 7, 2019

Those interviewed by the GAO also said that guidelines would be of help in making sure lending is done efficiently. According to the banks that have linked with FinTech firms, such guidelines would help relationships between the parties. Such alternative data, said the GAO, could pose risk to such lending decisions.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

APRIL 15, 2020

Speaking in a televised address on Tuesday (April 14), India’s Prime Minister Narendra Modi said he is prolonging the countrywide lockdown until May 3 but will relax some restrictions in the technology sector starting April 20, according to several reports.

Guidelines 140

Guidelines Operations Online Technology 140

Payments Source

AUGUST 8, 2017

Point-to-point encryption (P2PE) advanced with the Payment Card Industry data security standard's updated guidelines in 2015, but the technology has not held the spotlight much since then.

Guidelines 63

Guidelines Security Cards Industry 63

Payments Source

MARCH 10, 2020

The agency's recent update to its guidelines for banks on working with data aggregators and other third parties was not extreme, but some critics say its heavy emphasis on security could be a setback for open banking.

Data 63

Data Guidelines Innovation Fintech 63