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. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies.

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Operations Software Risk Management Management 118

PYMNTS

JUNE 24, 2019

Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm based in Paris with a membership roster of countries such as China and the United States, has said it will boost its examination of digital currencies with an eye on money laundering.

Regulation 129

Regulation social media cryptocurrency United States 129

PYMNTS

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274

Report United States social media Guidelines 274

PYMNTS

JULY 5, 2019

The Bank of Japan ( BOJ ), Japan’s central bank, has joined in with other regulators and officials around the world in its worry over Facebook’s proposed cryptocurrency Libra , according to reports. . The bank is worried that the currency will be difficult to regulate and that it could potentially harm the existing financial system. “It

Regulation 102

Regulation cryptocurrency United States Policies 102

CFPB Monitor

DECEMBER 2, 2021

Covered banking organizations are required to provide notice to their relevant regulator in the event that a “Notification Incident” occurs. operations, including associated services, functions, and support, the failure or discontinuance of which would pose a threat to the financial stability of the United States.

Regulation 78

Regulation Report FDIC Security 78

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 Compliance with oversight laws, especially those involving anti-money laundering (AML) or know-your-customer (KYC) regulations, is a perennial struggle for FIs of all sizes. Automating Compliance.

Operations 228

Operations Payments Compliance System 228

PYMNTS

SEPTEMBER 8, 2020

We want to know more about the market for mobile apps in Australia, including how transparent and effective the market is, for consumers as well as those operating in the market. For Google's parent company, Alphabet , the Australian probe comes amid similar investigations elsewhere, including in the United States.

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Google Apple Regulation United States 140

PYMNTS

OCTOBER 14, 2020

MercadoLibre , which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. However, it is not simply a technology or a regulation.

United States 260

United States America Regulation Regional 260

PYMNTS

SEPTEMBER 21, 2020

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. government. government.

social media 230

social media Data Metro United States 230

Bank Innovation

JANUARY 24, 2018

JPMorgan Chase will open 400 new branches in the United States, raise the hourly wage for a portion of its workforce, and add new jobs to its banks as part of a $20 billion investment program, the bank said yesterday. The new branches will join the 5,130 Chase is already operating in the U.S., raising […].

United States 316

United States Operations Regulation 316

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. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services.

Regional 207

Regional America United States Operations 207

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

Abrigo

APRIL 6, 2022

Takeaway 2 The change includes an obligation to inform regulators of a “notification incident” ASAP and no later than 36 hours after a reportable event occurs. On April 1, 2022, new computer-security incident notification requirements for banks and their service providers take effect in the United States.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

JUNE 14, 2016

aviation regulators for reportedly shipping hazardous materials by plane. Amazon has a history of violating the hazardous materials regulations,” the FAA said in the release. 2015 alone, Amazon was found to have violated the hazardous materials regulations 24 other times.”. Amazon has found itself in hot water with U.S.

Regulation 100

Regulation United States Training Report 100

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

MARCH 1, 2016

And while some of these strategy revamps have been telegraphed, the numbers show some impact from regulations and investigations, as the firm posted a net loss of roughly $547 million (394 million pounds), which is far worse than a year ago at 174 million pounds. And there could be some legal issues afoot, too.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

JUNE 29, 2020

Small- to medium-sized businesses (SMBs) have been especially hard hit, as many have pivoted quickly to enable online transactions and adhere to the regulations that often accompany them. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

Abrigo

DECEMBER 5, 2019

Banking regulators, state regulators, and FinCEN release joint statement. The 2018 Farm Bill removed hemp as a Schedule I narcotic under the Controlled Substances Act and directs the United States Department of Agriculture (USDA) to regulate legal hemp cultivation and production. BSA Rules and Regulation.

Regulation 195

Regulation United States Training Compliance 195

CFPB Monitor

MARCH 30, 2020

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes the following key provisions that affect financial institutions and regulation of financial institutions: Section 4003 – Emergency Relief and Taxpayer Provisions. Section 4013 – Temporary Relief For Troubled Debt Restructurings.

Regulation 122

Regulation United States Community Bank National 122

PYMNTS

SEPTEMBER 21, 2020

BuzzFeed said the thousands of suspicious activity reports, authored by lenders and shared with the government, offer a glimpse into global corruption enabled by banks and allowed to flourish by regulators. Standard Chartered moved cash for a Dubai business that was later accused of laundering cash on behalf of the Taliban.

Report 279

Report North Carolina United States New York 279

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

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Data Retail US California 199

CFPB Monitor

MARCH 26, 2020

issued on March 21 , the New York Department of Financial Services (DFS) has adopted new regulations to provide emergency relief to individuals who can demonstrate financial hardship as a result of COVID-19. The new regulations were promulgated as Part 119 to Title 3 of the New York Official Compilation of Codes, Rules and Regulations.

Regulation 88

Regulation ATM New York Cards 88

PYMNTS

SEPTEMBER 2, 2019

3 hearing advises that system-wide governance should be established to regulate virtual asset service providers (VASPs), CoinTelegraph reported Monday (Sept. Although regulation could make it hard for some crypto firms to continue operations, Murray said it’s not the BSA’s job to accommodate everyone. financial system.

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Groups cryptocurrency Regulation United States 124

PYMNTS

DECEMBER 23, 2020

The road to mainstream acceptance of cryptocurrencies will still have its bumps, its potential roadblocks set in place from regulators. At the heart of it all might lie a jousting existential in nature — namely, between the companies that create and issue cryptos and the agencies that regulate them.

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

Perficient

FEBRUARY 10, 2021

Latin American culture is strongly aligned to the United States, creating an environment that encourages collaborative communication between both parties. Agile has been a part of the Perficient Latin America operational DNA from the beginning. Healthcare Industry Experience.

Software 294

Software Innovation Company America 294

PYMNTS

AUGUST 22, 2019

Any addresses deemed to be associated with foreign narcotics operators are added to the Specially Designated Nationals (SDN). 21, it was discovered that three alleged narcotic operators associated with the SDN addresses were Chinese citizens: Xiaobing Yan, Fujing Zheng and Guanghua Zheng, according to the article.

United States 116

United States cryptocurrency US Bitcoin 116

Abrigo

JULY 13, 2023

Pig butchering scams originated in Southeast Asia and have escalated significantly in the United States. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation. Today’s pig butchering scams usually involve investment schemes and cryptocurrency fraud.

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Fraud cryptocurrency Training social media 195

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This is the first virtual currency trust company application approved under Superintendent of Financial Services Linda A. Lacewell. “As

Bitcoin 165

Bitcoin New York United States Leadership 165

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations. where regulators have been workshopping potential rules for several years. Seventy percent of U.S.

Regulation 188

Regulation Regional Data United States 188

PYMNTS

JANUARY 24, 2019

The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. Walmart, which spent $16 billion in 2018 to buy 77 percent of India’s Flipkart , will be forced to change its business structure in India, a move that will increase operational costs.

United States 139

United States US Washington Policies 139

PYMNTS

OCTOBER 9, 2020

Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. may be entering an era of more robust regulation. Coscelli said the U.K.’s

Regulation 183

Regulation United States Marketing Conference 183

PYMNTS

APRIL 24, 2020

With a move that could stop their American operations, the U.S. The show cause orders reportedly discussed the “sophistication and resulting damage of the Chinese government’s involvement in computer intrusions and attacks against the United States.” The orders, however, did not provide further detail, according to the report.

United States 141

United States America Security Operations 141

PYMNTS

MAY 14, 2018

The rule, of course, amended Bank Secrecy Act regulations in ways that seek to enhance transparency in reporting of ownership of legal entities. FinCEN has said that the beneficial owner is someone who owns 25 percent or more of a legal entity, or has a significant role in overseeing day-to-day operations. Internationally Speaking….

United States 102

United States Regulation Report Course 102

PYMNTS

DECEMBER 8, 2020

A recent survey of the 20 largest United States financial institutions (FIs) found that 20 percent still force customers to complete onboarding by visiting bank branches or speaking on the phone, with full online sign-up not allowed. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

Video 211

Video Report Meeting United States 211

CFPB Monitor

DECEMBER 2, 2020

Mr. Bettenhausen previously served as an Assistant United States Attorney. Chris Chilbert will serve as the Chief Information Officer in the Bureau’s Operations Division. Pappalardo will serve as the Associate Director for Research, Markets and Regulations. Donna Roy will serve as the Bureau’s Chief Operating Officer.

United States 78

United States Washington Regional Resources 78

PYMNTS

AUGUST 3, 2018

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability.

Fintech 115

Fintech United States Regulation Innovation 115