South State Correspondent

APRIL 4, 2024

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. While the US is, and will remain, the center of innovation and risk-taking, the economy will transition to fewer small businesses and more larger enterprises.

Risk Management 195

Risk Management Community Bank Policies Community 195

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

cryptocurrency 146

cryptocurrency Innovation DC National 146

Insights on Business

AUGUST 22, 2018

IBM RegTech Innovations. Regulatory change is growing in size and IBM’s innovative end-to-end GRC solution , powered by Watson, is enabling the financial services industry to meet this challenge. An innovative, end-to-end approach. IBM’s innovative technology , powered by Watson, offers that end-to-end approach.

Compliance 79

Compliance Innovation Technology Policies 79

PYMNTS

FEBRUARY 3, 2020

For at least the last five years — futurists and smart technology boosters have been touting the inevitable rise of the smart city. As of today, those attacks have led to cities finding their technology held hostage via ransomware and paying large sums to either free their data or rebuild their systems to lock out the attackers.

Security 237

Security Baltimore Atlanta Portland 237

PYMNTS

DECEMBER 14, 2020

The platform will also help central banks that want to collaborate with innovators on new technology. EMTECH's technology aims to give banks an "action-ready toolset for new and inclusive monetary policy, and the guardrails for efficient transfer of an estimated $90 trillion in cash payments," per the release.

Policies 234

Policies Innovation Lending Fraud 234

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. Establish clear policies and procedures Once a new banking product is approved, develop thorough policies and procedures to mitigate any risks identified in the risk assessments.

Fraud 221

Fraud Training Risk Management Software 221

FICO

JANUARY 5, 2023

Policy Predictions for Financial Services Companies. I suspect Yogi would be disappointed to know that after many years of writing a year-end public policy predictions blog post, I am no longer aware of my batting average. The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. Four 2023 U.S.

Policies 52

Policies Company Regulation Risk Management 52

Perficient

MARCH 27, 2023

While remaining backed by the government and thereby not posing users with the default risk of private digital money, a digital pound could also serve to spur innovation in the marketplace and improve the options people have for making payments. Comments on the technology paper may be made via email to: CBDC@bankofengland.co.uk

US 294

US Management Innovation Technology 294

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

Abrigo

APRIL 18, 2022

Innovation is key in the world of decentralized currencies The United States will have to be creative to stay competitive globally as digital assets enter the mainstream. The innovative world of digital assets has made big strides since its inception in 2009. National objectives in cryptocurrency policy. Rapid Growth.

cryptocurrency 195

cryptocurrency Fraud United States Leadership 195

PYMNTS

SEPTEMBER 15, 2020

In other news, European Central Bank (ECB) policy makers received a present of the globe’s first so-called “collectible digital coin” by email, Bloomberg reported. On another note, Ticino Blockchain Technologies Association was created with the participation of two Swiss universities, according to an announcement.

Bitcoin 238

Bitcoin Texas blockchain Florida 238

Perficient

MARCH 1, 2021

Whether it’s the accuracy of the reporting data, the latency of data refreshes, security enforcement, dashboard performance, turnaround of enhancement requests, scalability, or adherence to regulatory and organizational policies, there are various aspects that come into play when it comes to successful adoption of analytics applications.

Analytics 322

Analytics Management System Data 322

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

AUGUST 1, 2018

A new report by the Bipartisan Policy Center recommended several reforms that would help the U.S. A 2016 survey of small businesses by the Federal Reserve showed that the availability of credit, or the securing of funds for exemption, was listed as the top financial challenge for these firms, according to the report.

Policies 100

Policies Report Regulation Maine 100

South State Correspondent

MARCH 7, 2024

Microsoft’s Office 365 CoPilot, the integration of the Microsoft version of OpenAI’s Chat GPT into the Office suite, represents the fastest, and likely safest way, to integrate the latest technology within your bank. However, the technology is not without its risks. While some will fear it, many will crave it.

Training 195

Training Data Tools Technology 195

PYMNTS

MAY 4, 2017

Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies. sales operations.

California 100

California Policies Company Apple 100

PYMNTS

JUNE 24, 2020

Firms are adopting new safety policies concerning everything from sanitation to public occupancy limits. In the inaugural edition of the Next-Gen Payroll Tracker® , a partnership with ADP® , PYMNTS examines these trends and technologies and the role they can play in improving workers’ financial security and sense of wellbeing.

Meeting 236

Meeting Trends Cards Innovation 236

PYMNTS

JANUARY 21, 2021

Globe Telecom’s financial technology division, Globe Fintech Innovations of the Philippines, notched $175 million in additional venture funding in January. Securities and Exchange Commission (SEC). ECB Reaffirms Monetary Policy Decisions To Counter ‘Pandemic Shock’. billion market cap.

Policies 149

Policies Payments Groups Bitcoin 149

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. Tanvi Ratna, CEO of Policy 4.0, 28) by The Economic Times.

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

SEPTEMBER 29, 2017

PingPong is yet another innovative FinTech player that chose Luxembourg as its EU hub. The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs.

Security 129

Security Payments Fintech United States 129

PYMNTS

FEBRUARY 12, 2020

As Colin Bastable, CEO of security awareness and training company Lucy Security, noted in an email to PYMNTS that this type of fraud doesn’t necessarily require hacking technology on an expert level. Instead, it targets a much weaker link: the employee who is using it.

Fraud 253

Fraud Handbook Security Comparison 253

PYMNTS

MAY 16, 2020

100 for User A in America, 200 pesos for User B in Mexico and so forth) in order to perform transactions in a secure, fast and reliable way.”. Visa further said the technology would allow transactions using digital fiat currency “to be processed and completed immediately without requiring settlement and clearing processing.”.

System 320

System blockchain Regional Security 320

PYMNTS

JANUARY 13, 2020

That was the subject of a recent PYMNTS discussion between Karen Webster and Chris Bayley, co-founder and chief innovation officer of Cover Genius. The general idea is to offer policies tailored to the purchase at hand, with protections underwritten by insurance providers based on eCommerce data sets and other points of information.

Policies 135

Policies Retail Data Innovation 135

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

APRIL 3, 2019

Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”.

blockchain 231

blockchain Payments United States Innovation 231

PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. He noted that a number of payment technologies and digital currencies provide real anonymity or some degree of it. The site will put PayID into place on its infrastructure as its first effort.

Bitcoin 141

Bitcoin blockchain Payments Risk Management 141

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept.

Data 232

Data Security ATM Tools 232

PYMNTS

APRIL 2, 2019

Governments around the world are hurrying to deploy the technology, which is considered the next generation of wireless network standards. rose from third to first in the ranks due to “quick action and visionary leadership” from policy makers, as well as the slashing of regulations and laws preventing the technology from moving forward.

US 160

US Policies United States Leadership 160

PYMNTS

DECEMBER 7, 2018

“That’s why we must ensure that the United States is at the forefront of protecting consumers and the financial well-being of virtual currency investors, while also promoting an environment of innovation to maximize the potential of these technological advances,” the lawmakers said. Their bills come a few months after U.S.

Regulation 139

Regulation US cryptocurrency blockchain 139

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

JUNE 26, 2018

Ping Identity , an identity Defined Security company, announced news on Tuesday (June 26) of the acquisition of API cybersecurity provider Elastic Beam and the launch of PingIntelligence for APIs. We believe that adding intelligence based on machine learning analytics to the Ping Identity platform is the next wave of identity security.

Policies 139

Policies Security Leadership Tools 139

PYMNTS

SEPTEMBER 21, 2020

Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. The firm provides small businesses ranging from personal trainers to general contractors with policies. Alphabet-owned Capital G is reportedly in discussions to head up the $250 million funding round for the insurer.

Resources 223

Resources Capital Fintech Cards 223

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Regardless, financial institutions should continue to shore up policies and procedures around CRBs.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

OCTOBER 4, 2019

As more nations mull tapping into facial recognition technology to bolster security, an expert at the World Economic Forum said governments should consider the privacy of individuals. Firstly, with the government use of facial recognition technology, and then also with the company use of facial recognition.”.

San Francisco 116

San Francisco United States Video Security 116

PYMNTS

OCTOBER 4, 2019

As more nations mull tapping into facial recognition technology to bolster security, an expert at the World Economic Forum said governments should consider the privacy of individuals. Firstly, with the government use of facial recognition technology, and then also with the company use of facial recognition.”.

San Francisco 115

San Francisco United States Video Security 115

PYMNTS

JANUARY 30, 2020

Masayoshi Amamiya said that if technology triggers increased public interest, it is possible there could be a need for the issuance of central bank digital currencies (CBDC). There are issues on the table, such as its effect on monetary policy and making certain rigorous security standards are implemented.

Policies 130

Policies cryptocurrency System Lending 130

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments.

Industry 101

Industry Technology Online Video 101