PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug.

Groups 178

Groups Payments Risk Management Cards 178

PYMNTS

JANUARY 3, 2019

As bad as one might think the risks of cybercrime are (fraud, hacking, data breaches , customer and revenue loss, lawsuits and fines), the reality is probably worse. On the national level, at least, “we’ve been focused on [potential] attacks against critical infrastructure” since the late 1990s, he told Webster. Big Mindsets.

National 169

National Security Risk Management Fraud 169

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. Elsewhere in the U.K., SafeCharge partnered with U.S.-based New initiatives are also rising in the U.S.,

Nebraska 144

Nebraska Risk Management Apple Payments 144

PYMNTS

MAY 22, 2019

The press release also pointed to March 2017 research that revealed 82 percent of business failures can be attributed to poor cash flow management skills, or a poor understanding of how to manage cash flow. Small business clients of the SBDC can be connected to a six-month subscription of CashFlowTool to manage and forecast cash flows.

Resources 100

Resources Analytics Risk Management Community 100

Perficient

MAY 27, 2022

Maintaining a service provider oversight program to address risks to service provider relationships. In September 2015, ahead of the SEC’s 2017 guidance letter, the CFTC released an enforcement action and settlement order against an unregistered online trading platform called the Coinflip Order.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JULY 25, 2017

The impact of online fraud reaches far beyond the dollar count of sales lost. . In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. .

Fraud 120

Fraud Retail Cards National 120

PYMNTS

NOVEMBER 25, 2019

To that end, in France a number of media enterprises — ranging from the APIG press alliance, which represents dozens of national and regional papers, to AFP and the union of magazine editors — have filed complaints with EU regulators over copyright laws. Beyond Taxes, a Copyright Controversy.

Taxes 130

Taxes Google Data Regulation 130

Abrigo

NOVEMBER 17, 2023

The Financial Crimes Enforcement Network (FinCEN) has listed fraud and cybercrime as two of their National AML/CFT Priorities. Moreover, non-compliance can lead to enhanced scrutiny by regulators and the possibility of heightened requirements in the future.

Fraud 195

Fraud Training Trends Compliance 195

South State Correspondent

JANUARY 4, 2023

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Develop a more innovative process.

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

Fintech 188

Fintech Capital New York City Analysis 188

Abrigo

JULY 29, 2015

While an increase in risk might be a red flag to the regulatory agencies, the reason many banks, particularly smaller institutions, have lowered their underwriting standards for auto, home or commercial real estate loans is simply to be able to compete in the changing industry.

Survey 150

Survey Regulation Policies Risk Management 150

Abrigo

MARCH 24, 2023

Step two Identify inherent risk vs. residual risk Inherent risk is any activity or factor posed to the credit union, notwithstanding applying any management or risk mitigation tools. This example is a situation with a "high" inherent risk and "strong" mitigating controls.

Fraud 195

Fraud Compliance Examples Analysis 195

PYMNTS

OCTOBER 16, 2019

Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime. A majority of FIs plan to invest more in financial crime compliance than fraud risk management, though 43 percent reported no integration between fraud and financial risk compliance.

Compliance 123

Compliance Fraud Study Digital Banking 123

Abrigo

JUNE 13, 2019

That topped satisfaction rates for small banks, large banks, and online lenders. They just don’t,” says Rob Ashbaugh, Abrigo Executive Risk Management Consultant. The SBA and the National Credit Union Administration (NCUA) recently unveiled a new effort aimed at boosting participation by credit unions.

Lending 150

Lending Resources Survey Risk Management 150

PYMNTS

JUNE 18, 2018

The basic idea behind the operation is to enable small- and medium-sized businesses to quickly buy insurance online or via mobile devices, protecting them against lost or ignored debts from the companies they supply. In some ways, the difficulties can increase when a company tries to do risk management in real time.

Payments 116

Payments Policies Industry Risk Management 116

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. In 2015, following a significant increase in nation state and hacktivist attacks on U.S. The inherent risk profile is an institution’s analysis of its key technologies and operations.

Tools 114

Tools Leadership Handbook Security 114

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. Evaluation of Risk.

Cyber Security 63

Cyber Security Security Risk Management Training 63

Gonzobanker

JULY 8, 2022

CIOs are expected to be able to leverage and deploy myriad state-of-the art digital solutions, including digital banking, cash management, online deposit and loan account opening, next-gen payments experiences, and remote employee access to critical systems. A national unemployment rate of 3.6% and a shocking 1.3%

Resources 146

Resources Leadership Technology Management 146

PYMNTS

OCTOBER 10, 2016

That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. The statistics came from HM Revenue & Customs, which reported that, for a significant portion of SMEs in the nation, cash is still king — for both B2B and B2C payments.

Big Data 100

Big Data Analytics Data Survey 100

Tomorrow's Transactions

JUNE 9, 2020

In 2020, some businesses with a strong digital presence have shown resilience by shifting all their operations online and moving to full-on remote working, adapting to a period of indefinite social distancing. As such, risk management is crucial to any organisation, especially during a survival situation.

Resources 82

Resources Risk Management Operations Regulation 82

PopularBank

JUNE 18, 2020

In the National Federation of Independent Businesses (NFIB) Research Center’s survey of small businesses, which took an early snapshot of the economic fallout from the coronavirus through the month of March: . National Retail Federation (NRF) outlines practical tools and guidance for retailers reopening their business. . .

New York 52

New York New York City Retail Survey 52

CFPB Monitor

NOVEMBER 24, 2020

Such criteria included: “(1) personal beliefs and opinions on matters of substantive policy that are more appropriately the purview of state and Federal legislatures; (2) assessments ungrounded in quantitative, risk-based analysis; and (3) assessments premised on assumptions about future legal or political changes.”.

Operations 78

Operations Analysis Industry Policies 78

PYMNTS

FEBRUARY 24, 2016

23), the National Retail Federation (NRF) reviewed various research efforts that mete out how serious the threat against companies’ digital data from their own internal employees is — as well as, perhaps even more seriously, the fact that many retailers might not be considering that threat. It can be done online,” he told the NRF. “It

Retail 100

Retail Fraud Survey Branding 100

Gonzobanker

DECEMBER 22, 2020

John Beale , longtime CIO of City National Bank. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. It feels like soon we will be ordering our burger online in the drive-through and having it “delivered” at the window. Gritty is good.

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

NOVEMBER 21, 2016

.” This concept considers the role that small businesses play in their local and national economies overall. Indeed, it’s been repeated countless times: “Small businesses are the bedrock of the national economy ,” and it’s an anthem that rings true for the U.S. and other markets.

Lending 100

Lending Meeting National Community 100

William Mills

FEBRUARY 28, 2017

With new events constantly coming online and some traditional ones undergoing some changes, you might be missing some key opportunities, so it is important to review all your options. ABA Risk Management Conference , March 26-28 in Indianapolis, Indiana, is a must-attend for risk professionals from banks of all sizes.

Strategy 40

Strategy San Jose Conference Indianapolis 40

PYMNTS

SEPTEMBER 15, 2017

When you take a bank and their expertise in risk management, compliance and low-cost funds and match it with great technology – and start from the ground up to build something customer-focused – you can build something really powerful to serve consumers.”. “It takes a partnership to make it work,” Orloff said. percent to 29.99

Fintech 198

Fintech System Lending Cards 198

Independent Banker

DECEMBER 13, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Risk levels have a five-point range. The FFIEC is reviewing an Excel version created with banker input. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Risk levels have a five-point range. The FFIEC is reviewing an Excel version created with banker input. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

FEBRUARY 24, 2016

New inspirations, fresh experiences await at ICBA’s national convention. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. We want to have easy access to our online accounts, we want our credit cards to be beautiful, et cetera. But what happens next?

Community Bank 70

Community Bank Community Innovation Customer Experience 70

PYMNTS

SEPTEMBER 3, 2018

In July, Grubhub announced it would be buying up LevelUp for $390 million in cash to expedite integration with restaurants and “create a seamless diner experience in-app, online and in-store,” said the 423,000 daily average grubs, up 35 percent year over year. In December of 2017, Even went live and online for 1.4

Branding 100

Branding Cards Fraud Marketing 100

Independent Banker

DECEMBER 31, 2021

The bank increases its loan balances by partnering with fintech loan producing companies on a national scale, and this year it will switch its insurance operations to digital as the bank’s onsite agent retires, adding more policy types, including travel insurance. Badger Bank in Fort Atkinson, Wis., Ponce Bank in Bronx, N.Y.,

Community Bank 144

Community Bank Community Lending Louisiana 144

FICO

MARCH 10, 2021

This larger decrease is understandable considering the continued national lockdown and online January sales only. The average spend on UK credit cards fell by £93 to £570 and followed the normal January trend, although it was double the percentage drop seen in January 2020 and sales are 12 percent lower than a year ago.

Cards 52

Cards Trends Payments Data 52

PYMNTS

APRIL 6, 2017

The association’s membership includes banks, savings institutions and credit unions, and its services include training around using ACH, regulations, risk management and cybersecurity, among other services.

Resources 100

Resources Training Payments Regulation 100