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Best Practices for a Successful BSA/AML Board Training

Abrigo

Takeaway 3 Set an agenda for the BSA/AML board training, covering topics like board expectations and suspicious activity reports. Internal controls, independent testing, a designated BSA Officer, training, and customer due diligence: the current pillars of BSA/AML. Board Training. Creating a BSA/AML board training program.

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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. You might also like this whitepaper: "Protecting banking customers starts with you." But how did Cybersecurity Awareness Month start?

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Easy Ways BSA Officers Can Get Their Required Training

Abrigo

Ongoing training is at the very heart of a satisfactory Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program in financial institutions. And beyond those events, it can be tricky to find affordable training that doesn’t require a costly new membership or subscription. 5 in Richmond, Virginia Oct. For example, on Aug.

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Facebook Uses Retail Data To Train Chatbots To Be Like Humans

PYMNTS

Facebook has launched, what it calls, a new way to train artificial intelligence (AI) in chatbots. The online news service reported Facebook revealed 13,000 human to human conversations across two retail spaces, furniture and fashion, were used as data for the training.

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Walmart Associates Train For Black Friday With Virtual Reality

PYMNTS

To enhance the training of its employee associates, Walmart is investing in virtual reality (VR) to help employees experience retail situations like the Black Friday rush. That is, they reportedly retain 10 to 15 percent more information through VR learning than through classroom work, videos and online demos.

Training 149
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Apple Delays In-App Online Event Fee Requirement Until June

PYMNTS

Apple has extended a deadline for in-app fees for online events through June of next year, a posting on a developer site says. The original date for the requirement was to be December of 2020, but that has now been extended to June 2021. When Facebook told users of that 30 percent fee, it reportedly drew the anger of Apple officials.

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Visa Launches Online Resource Hubs To Power SMB Economic Recovery

PYMNTS

Visa is expanding its partnership with IFundWomen , providing grants and digital training to U.S.-based Digital Presence and Online Payments. To encourage consumers to shop locally, Visa’s Back to Business Project is billed as an online tool that helps shoppers identify which enterprises are open even in the wake of the pandemic.

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