FICO

NOVEMBER 13, 2018

Collection departments have been long accustomed to dealing with the ever-growing list of requirements from industry regulators. Now, pressures from internal finance departments reacting to changing accounting standards are creating additional stress, and the implications for managing collection agencies and debt buyers are far-reaching.

Regulation 63

Regulation Management Analytics Meeting 63

PYMNTS

OCTOBER 5, 2018

. In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the bill. Regulators globally are also using a wider range of enforcement tools in an attempt to improve conduct,” he said. million euros in 2016 to 2.9

Regulation 100

Regulation US United States Compliance 100

PYMNTS

AUGUST 29, 2017

federal and state laws require financial institutions to set policies and procedures to detect and prevent illicit money transfers, including screening customers and reporting suspicious transactions to regulators. courts and that there will be no “material impact on HBL’s business outside of the United States.”

New York 102

New York Regulation Compliance United States 102

PYMNTS

JANUARY 25, 2021

In today’s top payments news around the world, India’s central bank wants stricter regulations for big shadow lenders, while global foreign direct investment (FDI) dropped last year and the pandemic will continue to impact it this year. The central bank of India wants more stringent regulations for large shadow lenders.

United States 217

United States Regulation Payments Lending 217

PYMNTS

OCTOBER 17, 2018

Short-term lending – specifically, payday loans – have attracted a lot of attention in recent years, from the media and from the regulators. Which, the research group notes, is perhaps a bit surprising, considering how large of a footprint installment lending already has in the United States – both geographically and in terms of funds loaned.

Regulation 152

Regulation Lending United States Data 152

PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. In the report from the U.S. The terrorist threat, in particular, represents what the report termed “the first raindrops of an oncoming storm.”

cryptocurrency 206

cryptocurrency United States social media Regulation 206

PYMNTS

AUGUST 12, 2020

Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public before tough new federal disclosure rules go into effect. A unit of Ping An Insurance Group, Lufax filed confidential paperwork with the U.S. stock exchanges will have to conform to U.S.

US 147

US United States Lending Regulation 147

PYMNTS

NOVEMBER 3, 2020

ZenGo said the card will be the first card connected to a “self-hosted, on-chain, multi-currency wallet" in which the user manages the funds. The card will roll out in the United States and expand to further places at a later time.

blockchain 167

blockchain Bitcoin Cards United States 167

Bank Innovation

MARCH 27, 2020

In a week that saw the coronavirus pandemic amplify in the United States, the fintech sector continued to weather economic dislocation and uncertainty. But even amid this uncertainty, fintech companies began formulating strategies to help banking and consumers emerge from the crisis with better tools and solutions.

Fintech 259

Fintech United States Tools Strategy 259

PYMNTS

JANUARY 15, 2021

Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. The company's total revenue increased by 59 percent in 2019 to reach $2.30 billion; first-quarter revenue in 2020 went up 38 percent to $652 million.

Regional 207

Regional America United States Operations 207

Perficient

FEBRUARY 10, 2021

Solutions like telemedicine, secure patient data management platforms, and prediction software incorporating big data and IoT are becoming increasingly integral to the success of healthcare companies, and the pandemic is accelerating their development. Security, Data Privacy, and Intellectual Property Protection.

Software 294

Software Innovation Company America 294

PYMNTS

JANUARY 13, 2021

Plus, the United Kingdom and the European Union are set to begin discussions on financial services sector regulation now that Brexit has been affected. Globe Fintech, which is called Mynt, said Bow Wave Capital Management and existing investors took part in the fundraise. 26, according to the report.

Video 130

Video United States Mobile Payments 130

Abrigo

FEBRUARY 8, 2022

Takeaway 2 NBFIs should ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators. Takeaway 3 The FinCEN Priorities specifically state that each priority applies to NBFIs in addition to traditional financial institutions. . Stay up to date on regulations affecting NBFIs and other BSA trends.

Compliance 195

Compliance Training Regulation Fraud 195

PYMNTS

DECEMBER 16, 2020

“We’re seeing growing interest from traditional asset managers who are adding cryptocurrencies as an inflationary hedge, catalyzed by recent macro-economic policies,” said Raghu Yarlagadda, FalconX CEO and co-founder, in the release. Meanwhile, banks in Malta are skeptical of jumping on the blockchain bandwagon, according to Cointelegraph.

blockchain 151

blockchain Bitcoin cryptocurrency United States 151

Abrigo

JUNE 13, 2022

Takeaway 3 Education and reporting are key to preventing this type of fraud, so know your state's policies. . Elder financial exploitation and elder fraud are serious crimes in the United States. Many states are mandatory reporters to APS for any elder abuse. BSA Rules and Regulation. BSA Rules and Regulation.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

AUGUST 22, 2019

US Secretary of State Mike Pompeo believes that bitcoin needs to be as highly regulated as SWIFT. We now have possession of Cryptopia data that was stored by a third-party data center in the United States, and since the last update have been successful in accessing that data.

Bitcoin 116

Bitcoin US Regulation blockchain 116

PYMNTS

AUGUST 22, 2019

Secretary of State Mike Pompeo believes that bitcoin needs to be as highly regulated as SWIFT. We now have possession of Cryptopia data that was stored by a third-party data center in the United States, and since the last update have been successful in accessing that data.

Bitcoin 115

Bitcoin Regulation blockchain US 115

Insights on Business

MAY 1, 2019

In the financial services industry in the United States, one thing remains constant – change. To date, it seems that the way for an organization to keep pace with change, manage risk and improve compliance has been to hire and spend more. As recently as two weeks ago, the U.S.

Compliance 141

Compliance United States Regulation Study 141

Abrigo

JANUARY 3, 2024

Treasury’s Financial Crimes Enforcement Network (FinCEN) recently issued a new regulation on the requirements, including how AML staff will access the information through a new federal beneficial ownership information (BOI) registry. This is in line with the current CDD regulations. Effective Jan. More is expected on this later.

Fraud 221

Fraud Regulation Report Compliance 221

PYMNTS

SEPTEMBER 17, 2020

Countries with the most sizable count of BTMs are developed nations like Britain, Canada and the United States. There, people need to change a nation's money for cryptocurrency that isn’t regulated by a government or connected with it. But they have grown in popularity in markets that are not stable. 27 at a digital event.

Bitcoin 178

Bitcoin ATM Security cryptocurrency 178

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. FATF is the global watchdog for AML/CFT activity, and it is important to note that the United States shows full support in global efforts by their recent priorities release. How to prepare. financial system.

Community 195

Community Regulation Training Policies 195

Abrigo

NOVEMBER 2, 2021

The BSA , adopted in 1970, has not had a significant overhaul since the USA PATRIOT Act (commonly known as the Patriot Act) in 2001 in response to the September 11 terrorist attacks on the United States. AML A is significant in U.S. financial institutions. Much is at stake when a business anywhere puts its reputation at risk."

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

JUNE 28, 2019

Wing wants to expand its delivery service in the United States and other countries as well. The company wants to hire people to help it grow into new regions, help with the regulation of air delivery and find new business partners. . The company also posted listings for a chief pilot, engineers and operations managers. .

Virginia 125

Virginia United States Regulation Google 125

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

Regulation 100

Regulation Austin San Antonio United States 100

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. But fear not, compliance-conscious compadres.

Compliance 109

Compliance FDIC Strategy Fintech 109

PYMNTS

SEPTEMBER 16, 2020

Barley Laing , managing director at Melissa , told PYMNTS in an interview that there’s no one-size-fits-all approach to identity verification. But when it comes to highly regulated sectors, like financial services, that’s much more rigorous because there are many more regulations in place.”. A Pragmatic Approach.

Online 263

Online United States Regulation Fraud 263

BankBazaar

APRIL 19, 2023

What have the regulators done? After the collapse, the governments and regulators across the world are checking for SVB exposure in their corporate and banking sectors. While the government is trying its hard to pacify investors’ fears, regulators are trying to find new buyers to take over SVB’s domestic lending portfolio.

US 78

US United States FDIC Regulation 78

PYMNTS

JUNE 26, 2019

Family Plan is currently only available in Canada and the United States, but there are plans to take the product global. Expansion Plans.

Management 104

Management Technology Mobile United States 104

PYMNTS

JANUARY 13, 2021

The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated. The benefit of having a federally chartered bank is that it preempts all the state laws,” Anchorage President Diogo Mónica told CoinDesk.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

CFPB Monitor

DECEMBER 2, 2020

Mr. Bettenhausen previously served as an Assistant United States Attorney. Pappalardo will serve as the Associate Director for Research, Markets and Regulations. On Monday, the CFPB announced the following additions to its executive team: Matthew R. Bettenhausen will serve as Senior Advisor and Counselor to the Director.

United States 78

United States Washington Regional Resources 78

PYMNTS

MARCH 31, 2019

Market regulators in the United States and the U.K. The agreements would be for cooperation and oversight of the fund management industry and the markets. can continue to be a key market for funds and fund managers. The FCA has made similar agreements with other countries around the world. Bailey said.

US 129

US United States Management Report 129

Abrigo

NOVEMBER 17, 2023

As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. FinCEN states, fraud is believed to represent the largest share of illicit proceeds in the United States. It is a critical aspect of maintaining the integrity and sustainability of the U.S.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

FEBRUARY 6, 2020

foreign policy and national security goals to secure the global financial system and protect the United States from the threats of terrorism, human and drug trafficking, and economic damages. If you have questions about sanctions compliance or new regulations, contact us or another member of our risk advisory services team.

United States 195

United States Compliance Strategy National 195

Abrigo

DECEMBER 10, 2019

Elder financial exploitation and elder fraud are rising at an alarming rate as they continue to be serious crimes in the United States. A recent American Bankers Association Foundation research study (the ABA study) found that older Americans hold 70% of the deposited wealth in the United States. BSA Rules and Regulation.

Fraud 284

Fraud Study United States Training 284

PYMNTS

MAY 28, 2018

To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund innovation and research in tech startup projects across the region. According to Reuters , Europe has lagged behind the United States in developing new technologies.

US 108

US United States Samsung Innovation 108

PYMNTS

DECEMBER 27, 2018

The Facebook Cambridge Analytica breach and the knowledge that the company was selling private information to companies might mean that Congress will consider a version of the European Union’s General Data Privacy Regulation (GDPR). I think more people are open to that now because of some of the breaches.”.

Data 135

Data San Francisco United States Texas 135

Abrigo

MARCH 3, 2023

Fraud, including check fraud, is the largest source of illicit proceeds in the United States and is one of the anti-money laundering/countering the financing of terrorism (AML/CFT) National Priorities. We can help you navigate changing AML/CFT and fraud regulations. Talk to a specialist to learn more.

Fraud 195

Fraud United States Trends Software 195