PYMNTS

JULY 26, 2019

Banking technology firm Nucleus Software is rolling out a new solution to address this issue for financial institutions. As payments accelerate, the window of opportunity for financial service providers to identify and shut down a fraudulent transaction narrows. Singh in a statement.

Software 100

Software Fraud Payments Regulation 100

CB Insights

NOVEMBER 9, 2021

Laika , a compliance and security audit platform for software companies, has raised $35M in a Series B. New York-based Laika helps businesses obtain audits and security certifications as well as remain compliant with regulations. The round drew participation from Bain Capital Ventures, Canapi Ventures, JPMorgan & Co.,

Compliance 61

Compliance Software Security Company 61

PYMNTS

SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. In a press release detailing the security breach, the company said hackers potentially exploited a vulnerability in a U.S. Jeffrey Meuler, an analyst at Robert W.

Software 165

Software New York Connecticut Security 165

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JANUARY 7, 2020

The Trump administration recently submitted new rules governing any future federal regulation of artificial intelligence (AI) used in an array of industries, according to reports , including transportation and medicine, among others. agencies “must consider fairness, non-discrimination, openness, transparency, safety and security.”

Regulation 131

Regulation New York Policies System 131

Abrigo

JANUARY 17, 2024

The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security. Policies that promote the employment of former trafficking victims can help end cycles of trafficking, as well.

Training 259

Training Community Software Texas 259

PYMNTS

APRIL 18, 2019

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

blockchain 167

blockchain Security Tools Taxes 167

PYMNTS

AUGUST 16, 2019

Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption. This month’s Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Around the IoT World.

Security 144

Security Data Fraud Software 144

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g.

Compliance 332

Compliance Security Software System 332

Cisco

JANUARY 24, 2023

The prior blogs in this series, listed at the bottom, have discussed the various regulations affecting CIOs and their IT organizations. Financial institutions are regulated to be able to manage, secure, and audit their IT assets. At Cisco, we work with these different groups, and their deployments of best in class technologies.

Meeting 96

Meeting Regulation Management Technology 96

Abrigo

JANUARY 22, 2024

Staff should be well-trained in procedures and understand the importance of fraud detection to the bottom line. Implement r obust fraud detection software Investing in advanced fraud detection s oftware is a cornerstone of fraud mitigation. Procedures should address both detection and reporting methods.

Fraud 221

Fraud Training Risk Management Software 221

PYMNTS

SEPTEMBER 2, 2020

operations without key software, Reuters reports. national security panel would oversee the deal. The ban comes from national security concerns raised by the Trump administration. The idea is to make sure the video-sharing app, which has only grown in popularity during the pandemic, isn't made unavailable to thousands of U.S.

Regulation 197

Regulation Video United States National 197

PYMNTS

JUNE 14, 2019

But despite intelligence of things (IoT) solutions being put to use in many cases, the field continues to be hampered by security issues. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. New security threats are emerging, too. Get the full scoop in the Tracker.

Regulation 161

Regulation Security Technology Survey 161

Abrigo

SEPTEMBER 25, 2023

Download now Bipartisan support The 2023 SAFE Banking Act: An unclear outlook Takeaway 1 The Senate recently introduced the newest version of marijuana legislation, the Secure and Fair Enforcement Regulation (SAFER) Banking Act.

Puerto Rico 243

Puerto Rico Virgin Islands Guam United States 243

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

SEPTEMBER 11, 2019

percent: Projected CAGR of the global AML software market as measured from 2019 to 2026. 770,000: USD equivalent that Soneri Bank Limited was ordered to pay by the State Bank of Pakistan for violating AML, KYC and other regulations. 10,000: Number of KYC images from crypto exchange Binance allegedly accessed by a cybercriminal.

Security 192

Security Compliance Data Software 192

PYMNTS

JANUARY 30, 2018

Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily. billion raised via controversial initial coin offerings (ICOs) have been lost to lapses in security, including phishing attacks.

blockchain 144

blockchain Security Software Tools 144

Perficient

DECEMBER 14, 2020

For example, software-as-a-service (SaaS) enables applications to run on the provider’s servers over the internet, and it will likely remain the largest segment of the cloud market. Serverless functions eliminate the need for server software and hardware management, allowing developers to focus on optimizing application code.

Technology 348

Technology Trends Software Resources 348

PYMNTS

SEPTEMBER 12, 2019

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. A 2019 study underscored this point, discovering that even though the AML software market is slated to grow 15.25 The drivers of AML initiatives in the U.S.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

Abrigo

DECEMBER 22, 2023

Abrigo, a leading technology provider of software solutions for financial institutions, published more than 30 risk management articles on its industry-focused blog in 2023. Abrigo's most popular financial crime blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators.

Fraud 221

Fraud Training Compliance Trends 221

PYMNTS

MAY 25, 2018

tech companies to disclose if they allowed American adversaries to examine software sold to the U.S. In addition, some of the reviewed software was already deeply embedded in some of the most sensitive parts of the U.S. military to disclose any source code review of the software done by adversaries. A new bill would require U.S.

Software 100

Software US United States National 100

PYMNTS

JULY 9, 2020

The rules go into detail on what kinds of attacks auto makers will need to prevent, including malware attacks on servers processing data from connected vehicles and attempts to entice drivers to download malicious software, WSJ reported. The EU said it would implement the rules starting in 2022, WSJ reported. And while the U.S.

Security 146

Security United States Guidelines Texas 146

Abrigo

SEPTEMBER 25, 2023

LISTEN NOW Bipartisan support The 2023 SAFE Banking Act: An unclear outlook Takeaway 1 The Senate recently introduced the newest version of marijuana legislation, the Secure and Fair Enforcement Regulation (SAFER) Banking Act.

Puerto Rico 195

Puerto Rico Virgin Islands Guam United States 195

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic.

Compliance 225

Compliance Regulation Guidelines Security 225

Abrigo

SEPTEMBER 13, 2022

Takeaway 3 Software and machine learning programs can supplement manual approaches to identify suspicious transactions and prevent financial crime. The institution’s risk assessment should be used as a road map of where the risks lie and where more resources such as software should be used. Your BSA/AML software should be, too.

Software 195

Software Resources Training Compliance 195

Cisco

JULY 12, 2022

This leads to many generations of installed technology sets with diverse hardware and software systems, all that need to be tracked and managed, secured, and audited. A number of our financial institution customers are regulated by multiple, and different, regulatory bodies. Hardware and Software Lifecycles. In the U.S.

Regulation 71

Regulation FDIC System Software 71

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Would you like other articles like this in your inbox? Takeaway 1 Investment fraud schemes known as pig butchering scams contributed to $3.3

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

SEPTEMBER 3, 2021

Takeaway 3 Fraud monitoring software and other preventative measures can help financial institutions protect themselves against cyber attacks. . Strong encryption of data and protecting the decryption keys are essential parts of data security. Cybercrime has been a hot topic for financial crime (FinCrime) professionals for some time.

Training 195

Training Software Fraud Security 195

PYMNTS

MARCH 25, 2019

Biometrics are increasingly being relied upon to secure payments and commerce while making transactions more seamless for consumers, a trend that seems all but certain to increase in the coming months and years. Legal Contradiction? In short, the U.S. Future Biometric Cases.

Illinois 151

Illinois Regulation Google San Francisco 151

PYMNTS

APRIL 2, 2019

The big tech landscape is one that continues to be populated by regulators, by disparate voices calling for more oversight, more laws, more mandates spelling out what is private and what is not. I believe it would be good for the internet if more countries adopted regulation such as GDPR as a common framework.”

Regulation 115

Regulation social media Google Washington 115

Abrigo

JUNE 23, 2020

Key Takeaways The Abrigo Assurance Plan was created to make sure your BSA/AML software is running at its most efficient. At Abrigo, we understand that making an investment in software is a serious decision that can take ample resources. We’re here to let you know that investing in our software is a joint investment. learn more.

Software 195

Software Community Fraud Resources 195

PYMNTS

APRIL 8, 2019

Australian financial regulators are feeling pressure to ensure financial institutions treat customers properly and have turned to artificial intelligence (AI) in an attempt to improve compliance, according to a report by the Financial Times. They also lied to regulators and adversely cost customers millions by giving bad advice.

Compliance 108

Compliance Regulation Industry National 108

PYMNTS

JANUARY 24, 2021

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. At least at first, the regulations place requirements only on larger companies.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

MAY 22, 2019

Members of Congress supported a plan to draft legislation aimed at the use of facial recognition software by law enforcement on Wednesday (May 22), according to reports. As the meeting was held, Amazon shareholders held a meeting and voted against two proposals regarding its own facial recognition software, called Rekognition.

District of Columbia 134

District of Columbia Regulation Software Meeting 134

Abrigo

OCTOBER 16, 2023

While c red it unions may seem worlds apart from large global banks, the principles of financial integrity, trust, and security a re paramount to the success of banks and credit unions alike. A gap institution is a financial institution that does not have a federal functioning regulator, such as a state-chartered credit union.

Training 221

Training Compliance Fraud Policies 221

Abrigo

JANUARY 3, 2024

financial system, and regulators will expect it. The Department of Homeland Security defines human trafficking as using force, fraud, or coercion in exchange for labor, services, or a commercial sex act. Read now Blog Advisory Services AML Software AML Training AML/CFT BSA Rules and Regulation Human Trafficking SAR Navigating the U.S.-Mexico

United States 221

United States San Antonio Training Fraud 221