CFPB Monitor

DECEMBER 9, 2021

The CFPB has issued a final rule amending Regulation Z to address the discontinuation of the London Inter-Bank Offered Rate (LIBOR) that is currently used by many creditors as the index for calculating the interest rate on credit cards and other variable-rate consumer credit products. Change in index. Dollar LIBOR indices. (The

Regulation 78

Regulation Cards Compliance Groups 78

PYMNTS

JANUARY 11, 2021

Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). He will be tasked with developing the board and leadership team. The London-based FinTech was founded in 2015 and has secured more than $580 million in funding on a $5.5 11) that having a U.K. billion valuation.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This was revised in 2017, and this consistent framework is intended to be able to help leadership and the board assess their preparedness and risk over time.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

JULY 11, 2018

” In other news, the losses from a security breach at Bancor , a decentralized exchange, has reportedly reached $23.5 Economists are taking aim at bitcoin, saying that regulators won’t overlook the currency in the long-haul, according to Barons. million, Cryptovest reported. The value of pilfered Ethereum is about $12.5

Bitcoin 100

Bitcoin Security blockchain Leadership 100

BankBazaar

MAY 7, 2024

Our focus on forging meaningful partnerships with solutions that are fully compliant with co-brand Credit Card regulations has positioned us well to leverage this growth phase in the industry.” In a move to fuel its growth requirements, the company has secured over Rs.50

Branding 78

Branding Cards Fintech Leadership 78

PYMNTS

DECEMBER 21, 2018

A bipartisan bill has been introduced by Congress that would aim to amend the Securities Act of 1933 and the Securities Exchange Act of 1934. “In the early days of the internet, Congress passed legislation that provided certainty, and resisted the temptation to over-regulate the market. According to CNBC , Reps.

Bitcoin 175

Bitcoin cryptocurrency Ohio Leadership 175

Abrigo

NOVEMBER 2, 2021

The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance. He stated that "…(regulators) should talk to (banks) about the risks that they run within their institutions and jurisdictions if an AML compliance culture is not fostered.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

AUGUST 18, 2019

This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”. This now enables us to offer institutional-grade custody via the Bakkt Warehouse alongside the federally regulated Bakkttm Bitcoin Futures contracts.”. 16) in a press release.

Bitcoin 165

Bitcoin New York United States Leadership 165

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

US 168

US Regulation Groups System 168

PYMNTS

APRIL 6, 2020

Today, the company continues to operate in compliance with an asset cap imposed by its regulator due to actions of past leadership. The PPP loans are part of the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 28. Customers will be notified with updates in the coming days.

Resources 162

Resources Leadership Regulation Compliance 162

PYMNTS

APRIL 2, 2019

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. Also, lawmakers recently introduced a wireless security bill that would favor free market competition. and none in China.

US 160

US Policies United States Leadership 160

PYMNTS

MARCH 6, 2019

” Accounting strategies can not only boost transparency for regulators and visibility for a firm’s own leadership, but regulators say they can also promote security. Last October, the U.S.

Report 139

Report Leadership Regulation California 139

PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. Separately, in terms of regulatory news tied to fraud, legislation came this week from a pair of U.S.

California 122

California Data Security Regulation 122

PYMNTS

APRIL 21, 2020

Ajay Bhalla, Mastercard’s president of cyber and intelligence solutions, said it was the responsibility of current leaders to be on top of the current landscape and to keep customers’ information safe, protect against any risks and make sure regulations are in place.

Course 246

Course Online Leadership Analytics 246

Abrigo

JUNE 23, 2020

It is a central location where you can go to ask industry questions, get product-specific answers, watch thought leadership webinars , and more. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. When you join the Abrigo family, you’re more than just an account number. We’re here for you.

Software 195

Software Community Fraud Resources 195

PYMNTS

MAY 29, 2018

Because of this, they are unable to build a proper business case to secure the investment needed to procure the modern, digital solutions required to keep up with today’s speed of business. They’re forced to rely on outdated solutions that provide limited visibility into payroll’s impact on overall organizational performance.

Technology 111

Technology Survey Leadership Analytics 111

CFPB Monitor

JULY 14, 2022

leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.” Mitigation of illicit finance and national security risks posed by misuse of digital assets; d. The Order makes no substantive conclusions. Reinforcement of U.S.

United States 78

United States Leadership Policies Regulation 78

NCR

NOVEMBER 8, 2016

An Information Security Officer (ISO) is mandated by federal regulations and plays a critical role in today’s digitally interconnected world. He or she is the bank officer responsible for administering and ensuring the effectiveness of the information security program for the bank. The Role of the ISO.

Cyber Security 63

Cyber Security Security Risk Management Training 63

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

Cisco

MAY 10, 2022

Dan Nadir, Chief Product Officer at Theta Lake, discusses solving the security and compliance challenges of hybrid work. However, the modern communication archiving, eDiscovery, legal-hold, surveillance, and security requirements and needs for regulated industries have remained the same.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

PYMNTS

JUNE 18, 2019

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.”. Alastair Mitchell, a partner and investment adviser at EQT Ventures, said that there’s a lot of opportunity with the platform.

Leadership 161

Leadership Customer Experience Innovation Capital 161

PYMNTS

MARCH 17, 2017

The collaboration is also holding workshops to promote collaboration among the business community and explore best practices for corporate data security.

Fraud 100

Fraud Report Policies Leadership 100

Insights on Business

OCTOBER 3, 2018

Mounting pressures on financial institutions to drive out costs, improve customer experience, complete with emerging players, and comply with new regulation mean that adopting advanced technologies will not be optional. Key Areas for Digital Disruption within Financial Services. Today the process of ensuring compliance is highly manual.

Industry 155

Industry Innovation blockchain Compliance 155

CFPB Monitor

FEBRUARY 10, 2021

The MOU adds to the current collaboration framework and does not replace existing MOUs between the agencies and state regulators. The agencies will also establish a working group to develop a process for sharing information securely. Each agency will notify the other of any action or suit at least two days in advance.

Training 78

Training Compliance Meeting Leadership 78

Perficient

SEPTEMBER 29, 2020

In fact, working with healthcare organizations across the country, I hear from leadership over and over again: I want to create the Amazon experience! They’re highly regulated. As data security risks increase, so do opportunities to earn consumer trust. Strong data hygiene and security. And so much more.

social media 294

social media System Retail Online 294

PYMNTS

DECEMBER 14, 2016

Socure has rapidly developed a leadership position in the large and fast-growing space of digital identity and biometrics,” said Sergey Gribov, partner at Flint Capital, in the press release. In a press release, Socure said it will use the capital to scale operations, accommodating the 300 percent growth it has seen in 2016.

Fraud 100

Fraud Compliance Capital Leadership 100

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. In Summary. This blog even as summary is quite long.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

NOVEMBER 15, 2019

Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while it was gearing up for its IPO, according to a report by Bloomberg. Even the company’s leadership was set up in an unconventional way. Also, when the company changed its name to We Co.,

Leadership 123

Leadership Community Report Company 123

Insights on Business

JULY 19, 2017

Lofty expectations by millennials, FinTech upstarts, stinging memories of the financial meltdown, and a growing body of stringent regulations are just a few causes for industry-wide upheaval. The recent announcements bear testimony to the two systems’ leadership and constant progression in financial services. Long-standing leadership.

Data 143

Data Leadership System Industry 143

Independent Banker

MARCH 31, 2022

Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. ICBA executive committee (from left). Vice chairman Lucas White, President, The Fountain Trust Co.,

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

MARCH 2, 2020

But when the company started looking more closely at the healthcare system, it realized it had relevant capability when it came to using artificial intelligence (AI) to secure the system in such a way that the process moves smoothly for legitimate interactions while locking out the bad ones. “We

Fraud 216

Fraud System Security Leadership 216

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

NOVEMBER 15, 2019

Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while it was gearing up for its IPO, according to a report by Bloomberg. Even the company’s leadership was set up in an unconventional way. Also, when the company changed its name to We Co.,

Leadership 108

Leadership Community Report Company 108

Insights on Business

APRIL 2, 2019

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing. The payments industry is at an inflection point.

Payments 125

Payments New York City Fraud New York 125

CFPB Monitor

MAY 17, 2021

The CFPB opined that the volume of complaints may be partially due to the fact that security clearances require routine credit checks. Looking ahead to 2021, the Report outlines the CFPB’s priorities, none of which are a surprise, as they are similar to the broader policy initiatives outlined by the CFPB’s new leadership.

Report 78

Report Compliance Leadership Analysis 78

Tech and Finance

MAY 18, 2018

SAS has created a new global Fraud and Security Intelligence Division to help organizations better detect and combat threats from fraudsters and hackers. Stu Bradley will lead the new SAS division as vice president of fraud and security intelligence; the division has 250 people and plans to dd another 100.

Fraud 28

Fraud Security Analytics Compliance 28

PYMNTS

FEBRUARY 28, 2018

A leaked report allegedly indicated that the leadership at Danske Bank knew “of far more serious conditions than previously stated.” The Estonian regulator already conducted a full review of the branch’s activities in 2014. That warning was reportedly in 2013.

Leadership 113

Leadership Report Regulation Groups 113