Perficient

DECEMBER 14, 2020

Cloud technologies have changed the way that enterprises deploy and integrate services, saving time and resources, and allowing them to hyperscale their services. If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. Cloud-Native Technology Will Power Digital Transformations.

Technology 348

Technology Trends Software Resources 348

PYMNTS

OCTOBER 23, 2020

The White House is in the final stretch of finishing guidance on how agencies in different sectors should regulate artificial intelligence (AI), according to a Wall Street Journal report on Wednesday (Oct. He added that the finished adaptation of the regulations should be completed soon. It also urges AI-related education.

Regulation 262

Regulation Leadership Guidelines Washington 262

Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Imagine a technology that can precisely pinpoint where a process bottlenecks, track where inefficiencies are, AND offer ideas for automation opportunities.

Industry 221

Industry Regulation Compliance Data 221

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added.

Payments 165

Payments Compliance Fraud User Experience 165

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. Credit Decisions. Risk Management.

Regulation 309

Regulation Industry Risk Management Analysis 309

CFPB Monitor

OCTOBER 25, 2021

In just his first full week as CFPB Director, the CFPB sent orders to six technology platforms offering payment services directing them to provide information to the Bureau. However, in light of the breadth of the information requested, it would not be surprising for the recipients of the orders to seek additional time to respond.

Technology 78

Technology Payments Data cryptocurrency 78

PYMNTS

MARCH 2, 2020

The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties. 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

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

Technology 195

Technology Lending Community Software 195

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. I am certain this partnership will continue to flourish and look forward to many more joint projects,” Prayikulam added.

Payments 130

Payments Compliance Fraud User Experience 130

PYMNTS

NOVEMBER 12, 2020

The challenge for accessing financing is particularly acute for early stage technology companies, according to Jason Crystal , co-founder and CEO of crowdfunding platform Miventure , a company slated to launch before the end of the year. Every company is essentially a technology company, nowadays.

Regulation 232

Regulation Capital Marketing Lending 232

PYMNTS

JANUARY 24, 2020

With an array of bills brought forward by lawmakers during this legislative session, Washington state could become a leader in artificial intelligence regulation. Microsoft , as well as its president, has been asking regulators to make legislation on artificial intelligence (AI) for months.

Washington 229

Washington Regulation Software Examples 229

BankInovation

APRIL 16, 2021

Microsoft reaches out to financial regulators around the globe to ensure that its offerings are compliant, and does so on a regular basis. However, the company did not respond to a general request for information issued by the Office of the Comptroller last year, and so far remains mum on a similar request from five […].

Regulation 97

Regulation Technology Company Compliance 97

Gonzobanker

NOVEMBER 22, 2022

Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand. Welcome to adulthood, y’all. But please, don’t get cocky.

Regulation 174

Regulation blockchain Marketing Strategy 174

CFPB Monitor

JUNE 20, 2022

The CFPB has issued a request for information (RFI) that seeks comments from the public “on what customer service obstacles consumers face in the banking market, and specifically what information would be helpful for consumers to obtain from depository institutions pursuant to section 1034(c) of the Consumer Financial Protection Act.“

Policies 148

Policies Tools Survey Data 148

PYMNTS

MARCH 22, 2019

The adoption of IoT technology to support business use cases is particularly impressive. Matsei Technologies & Consulting and enterprise application solutions provider IFS have teamed up on one such digital farming option, hoping to encourage better food security in countries like South Africa. About the Tracker.

Regulation 189

Regulation Security Data Industry 189

Cisco

NOVEMBER 1, 2022

In 2017, New York Department of Financial Services (NYDFS) passed cybersecurity regulation 23 NYCRR 500, requiring all financial services companies to implement multi-factor authentication (MFA). According to the NYDFS cybersecurity regulations, there are common MFA violations that have occurred across financial service organizations.

Regulation 120

Regulation Security System New York 120

Abrigo

JUNE 9, 2020

Technology has enabled financial institutions to operate more quickly and efficiently, creating a better experience for customers. Rather than spending time tracking down the latest state or federal regulations, a loan documentation solution stays up-to-date on all regulatory deadlines.

Technology 195

Technology Lending Compliance Data 195

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Early communication with your regulator is key to understanding the struggles and successes of managing a BSA/AML program during a global pandemic. Tap into technology to help prevent and detect financial crime.

Regulation 195

Regulation Fraud Compliance Trends 195

Abrigo

AUGUST 27, 2020

Regulators have determined there are five top hot topics that institutions should expect during their next exam. Early communication with your regulator is key to understanding the struggles and successes of managing a BSA/AML program during a global pandemic. Tap into technology to help prevent and detect financial crime.

Regulation 195

Regulation Fraud Compliance Lending 195

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space. It also solicits feedback on how to maximize stakeholder engagement.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

PYMNTS

SEPTEMBER 23, 2020

Some fraudsters are even impersonating government officials and asking for personal information for stimulus payments, for example, while others are targeting cryptocurrencies. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion ($8.9 billion in 2019.

Technology 208

Technology Report Fraud Study 208

PYMNTS

NOVEMBER 26, 2019

Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Just ask Sergiy Barybin, CEO of Lithuanian cross-border payments technology company SatchelPay.

Compliance 182

Compliance Regulation Fintech Resources 182

CFPB Monitor

OCTOBER 12, 2022

Attorney General and includes certain specified information such as “the data and methodologies that the covered entity uses to establish the algorithms.”. law], or insurance.”.

Regulation 144

Regulation District of Columbia Policies Groups 144

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. John Brunner. The result?

Technology 78

Technology System Software Groups 78

PYMNTS

DECEMBER 4, 2020

4), Dutch antitrust regulators have been looking at the company – specifically into Apple’s Pay’s near-field communications (NFC) operability. NFC is the technology that enables the wireless transfer of data that in turn lets users make contactless payments, among other activities. As reported by Bloomberg on Friday (Dec.

Regulation 150

Regulation Apple Google Software 150

PYMNTS

JANUARY 14, 2021

Bitcoin is about to get even more scrutiny by regulators, on a global stage. As reported by Reuters this week, Lagarde said at a conference sponsored by the newswire that bitcoin should be regulated — worldwide. She went on to say that “there has to be regulation. She pointed to the crypto’s use in criminal activity.

Bitcoin 152

Bitcoin Regulation Tools cryptocurrency 152

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

NOVEMBER 18, 2018

Apple ’s CEO believes that new regulations for the tech industry are “inevitable.”. According to the Financial Times , Tim Cook said in an interview that “the free market is not working” and that the tech industry should embrace regulation. Generally speaking, I am not a big fan of regulation,” he said.

Regulation 153

Regulation social media Apple Google 153

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation.

Innovation 100

Innovation Technology Regulation Fraud 100

PYMNTS

APRIL 16, 2019

Recently, some developers in the IoT space have been exploring the use of blockchain technology to secure connected devices, and bring transparency to transactions and data collection. Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras. About the Tracker.

Regulation 204

Regulation Data Nevada blockchain 204

PYMNTS

NOVEMBER 23, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from regulators around the world. Xavier Becerra said in the settlement announcement that Apple “withheld information about their batteries that slowed down iPhone performance, all while passing it off as an update.

Apple 193

Apple Regulation social media Compliance 193

PYMNTS

JULY 31, 2020

The People’s Bank of China, the nation’s central bank that regulates financial institutions, has alleged the digital payment companies have used their strong positions to crush competition, sources told the news service. China’s eCommerce superstore, and WeChat Pay, a division of Tencent Holdings Ltd., Reuters reported.

Regulation 181

Regulation Groups Online Analysis 181

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. But what makes an exceptional BSA Officer?

Training 221

Training Compliance Regulation Software 221

PYMNTS

DECEMBER 9, 2020

And new regulations are taking root or are on the horizon to help protect consumers, their data and how that data might be used. The state is doing that in part by imposing penalties on companies found to be lax in implementing strong security measures to protect personally identifiable information. Looking At Trust .

Regulation 234

Regulation Security Data Course 234

PYMNTS

JUNE 26, 2020

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We We need to clarify what went wrong.”.

Regulation 152

Regulation Capital Policies Course 152

PYMNTS

DECEMBER 11, 2018

According to a report in CNBC , citing the report published by the ACCC, the government watchdog listed a series of remedies, which include creating a government agency that would be tasked with regulating how the likes of Facebook and Google publish news on their platforms.

Google 148

Google Regulation Taxes Analysis 148

PYMNTS

MARCH 12, 2019

As has been reported, the company has faced concerns over suspected money laundering, as noted in the Financial Times and elsewhere, and has been scrutinized by regulators including the Financial Conduct Authority (FCA) and in Lithuania (Revolut has a banking license in that country). In addition, she told PYMNTS that in the U.K.,

Regulation 148

Regulation Fraud Examples Data 148