Perficient

OCTOBER 27, 2022

The FRB and FDIC are looking to improve financial stability by limiting contagion risk ( the spread of an economic crisis from one market or region to another) by reducing the likelihood of uninsured depositors suffering loss. Current Category I-III Bank Rules. of total leverage exposure. This calibration is intended to ensure U.S.

Capital 275

Capital Regulation FDIC Regional 275

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. It should be noted that the Netherlands Authority for Consumers and Markets (ACM) did not explicitly name Apple in its announcement of an investigation into NFC.

Regulation 150

Regulation Apple Google Software 150

PYMNTS

AUGUST 6, 2020

These payment options consist of cloud-based software systems that connect international payment protocols via application programming interfaces (APIs), with revenues typically coming from subscription fees or per-transaction surcharges. The payments-as-a-service (PaaS) industry is projected to reach $16.7 About The Tracker.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

DECEMBER 16, 2020

Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments. Southeast Asian super-app operator Gojek is launching its new GoBiz Plus point-of-sale (POS) technology for all-in-one-purposes for micro in addition to small to medium-sized businesses (SMBs) in Indonesia.

Technology 240

Technology System social media Payments 240

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters. Because digital currency is so new, regulations vary around the world.

Regulation 143

Regulation Company cryptocurrency Taxes 143

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

AUGUST 5, 2019

The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. While the private service has a large part to play in this market, she noted, the Fed’s size, scale and long history in the U.S.

System 212

System Payments Kansas Online 212

PYMNTS

SEPTEMBER 14, 2017

The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to meet a mandate handed down by regulators. s financial system.

System 134

System Payments Regulation Groups 134

BankUnderground

NOVEMBER 24, 2022

In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. 1: Money market funds. Background. 3: Margin calls.

Marketing 113

Marketing Policies US Regulation 113

PYMNTS

FEBRUARY 3, 2020

The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. The creation of a “single European data space, a genuine single market for data” would include new rules governing cross-border use and data interoperability, among other tenets.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

JUNE 30, 2020

Cade , the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator Cielo , Reuters reported. Cielo is the largest acquirer in Brazil, boasting a 41 percent market share.

Regulation 175

Regulation System Payments Cards 175

Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

FEBRUARY 6, 2024

It also recommends including projections related to loan pricing, operating expenses, and delinquency. In developing an appropriate strategy , credit unions should analyze the various plausible approaches they may take given their personnel, operational, and financial resources.

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

NOVEMBER 17, 2020

One of the most challenging aspects of the B2B PPE market amid the pandemic has been a surge in unfamiliar vendors stepping onto the scene. As a result, there were a lot of new entrants and a lot of new suppliers on the market — some people trying to help, and some trying to make a buck.". once again. Know Your Supplier.

Marketing 235

Marketing Meeting Fraud National 235

Cisco

JULY 12, 2022

Regulatory requirements are a key operational concern that we hear about from our financial customers. As a key provider of technology for mission-critical financial system infrastructures across the globe, Cisco is held to the highest levels of scrutiny in the financial services regulatory audit chain. Infrastructure Management.

Regulation 71

Regulation FDIC System Software 71

PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. CoinDesk reported that the exchange has targeted the DLT platform to be in place and operational by spring of 2021. billion) daily.

blockchain 145

blockchain Regulation Payments Bitcoin 145

Bobsguide

JULY 3, 2022

Leading fintech company, AutoRek, is delighted to have been recognised at the Systems in the City Financial Technology Awards 2022 in both the ‘Best CASS Solution’ and ‘Best Wealth Management Solution’ categories and are excited to have achieved the accolade ‘Best CASS Solution’ for the third consecutive year.

System 78

System Fintech Financial Technology Regulation 78

PYMNTS

MAY 29, 2019

Reports in Reuters on Tuesday (May 28) said UBS expects its regulatory costs to remain high in the years ahead after a decade of more stringent regulations leading to heavier, more costly burdens on banks. “That has tied up enormous resources.” “Why is this so significant? “Why is this so significant?”

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

JULY 20, 2020

Brazil suspended services on the implementation of the new payment system last month, saying it was worried about the potential for monopolies to arise from the partnership between WhatsApp and large international companies like Visa and Mastercard. WhatsApp is extremely popular in Brazil.

Payments 244

Payments Regulation Cards Operations 244

American Banker

MARCH 8, 2024

The rule updates requirements for how systemically important clearing networks prepare for and respond to operational risks.

Risk Management 73

Risk Management Management Marketing System 73

PYMNTS

DECEMBER 31, 2019

“The initiative is potentially harmful to the market. Specifically, manufacturers will suffer as operational systems of some of them are not suitable for external applications, and even those who potentially can preinstall local apps will have to pay sizable license fees.”

Regulation 139

Regulation Apple US Software 139

South State Correspondent

MAY 9, 2023

The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. We believe any change to the FDIC insurance coverage should aim to maintain and advance our credit markets. economy needs.

FDIC 195

FDIC Regulation Capital Management 195

Abrigo

SEPTEMBER 7, 2023

Don’t ignore warnings and exceptions generated from the ACH system. Often, those alerts mostly likely are routed to the operations area of the financial institution. If ACH system alerts are not being reviewed in a timely manner, speak up. The operations area should communicate with the BSA/AML area if this function is failing.

Fraud 221

Fraud Training System Trends 221

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Regulation 349

Regulation National System Industry 349

Perficient

MAY 15, 2023

market trend data, economic data, etc.) Additionally, maintaining clear, comprehensive data systems promotes business ethics and adherence to laws and regulations enforced by regulatory bodies. to more accurately perform “bigger picture” predictive analysis. Risk & Fraud Prevention.

Data 275

Data Conference New York City New York 275

PYMNTS

JUNE 20, 2019

One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To must do what London’s markets have always done: evolve,” Hammond said. To remain a dominant player we in the U.K.

Regulation 116

Regulation social media cryptocurrency Capital 116

PYMNTS

FEBRUARY 5, 2018

Last month, Canada’s Competition Bureau released its final study on tech-led innovation in FinTech, offering regulators some thoughts on competition in the payments sphere, along with suggestions on where the competitive landscape could be improved. Canada might be viewed as a different market when it comes to financial services.

Regulation 103

Regulation Bitcoin Innovation Study 103

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. Consumers and businesses expect that payment channels and systems can cope with payments being made at any point and from any location.

Payments 229

Payments System Operations Training 229

PYMNTS

SEPTEMBER 23, 2020

Plus, the State Administration for Market Regulation in China has fined Luckin Coffee and other firms. Chinese Regulator Fines Luckin, 43 Other Companies In Fraud Case. The regulator said on Tuesday (Sept. PayPal, Mastercard Add 5 EU Countries To Debit Card Offering. India's Paytm Takes On Google Over Android Power.

Cards 214

Cards Google Regulation cryptocurrency 214

PYMNTS

JANUARY 29, 2018

Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported.

Regulation 124

Regulation cryptocurrency Bitcoin Security 124

Bobsguide

FEBRUARY 28, 2018

bobsguide takes a look at the plethora of geopolitical, regulatory, customer, operational and market risk challenges facing asset managers in 2018. MiFID II, the General Data Protection Regulation (GDPR) and the Common Reporting. Whether it is a large and cumbersome regulatory environment (e.g.

Management 104

Management System Regulation Operations 104

PYMNTS

AUGUST 3, 2018

These legislative initiatives are why Latin America, a market not necessarily known for its FinTech innovation, has one of the strongest penetrations of eInvoicing in the world. The fact that there are no regulations that require them to do so means it pushes eInvoicing lower on the to-do list,” King told PYMNTS in a recent interview.

Regulation 101

Regulation Data America Payments 101

PYMNTS

AUGUST 9, 2018

10), but will now have the additional time to continue to shape rules pertaining to the internet as the market in India takes off. The regulatory head also convinced Apple to allow spam detection on its iOS mobile operating software for the iPhone. According to Reuters , his assignment was slated to end Friday (Aug.

Regulation 100

Regulation social media Apple Mobile 100

PYMNTS

OCTOBER 21, 2016

The fleet management market is estimated to grow from $9.54 According to MarketsandMarkets, the increasing need for operational efficiency is expected to be the primary driver for the fleet management market during the forecast period. When it comes to fleet management, the market is segmented into various industries.

Management 100

Management Marketing Regional System 100

Abrigo

SEPTEMBER 1, 2021

Drug Trafficking Organizations (DTOs) are a key concern From drug cartels to street gangs, the illegal drug market has been a constant money-maker for DTOs. . financial system by relying on professional money laundering networks. Would you like others articles like this in your inbox? Trade-Based Money Laundering. Going Forward.

Training 195

Training Regulation Community Austin 195

Abrigo

DECEMBER 22, 2023

Articles on creating a sound credit risk rating system and preparing for the possibility of new requirements such as the CFPB ruling were among the most-viewed throughout the year. Smaller banks can be encouraged by these numbers, and S&P Market Intelligence predicts a return to relative construction industry normalcy in 2023.

Lending 221

Lending Risk Management Community Management 221