Jeff For Banks

DECEMBER 22, 2013

According to its third quarter investor presentation, the bank''s greatest revenue comes from pre-paid cards (35% of revenue), followed by revenues from a traditional community bank (22% of revenues) that manages $1.4 Please do not claim to invest in any security based on what you read here. Yet another niche bank for our Top 5.

Community Bank 81

Community Bank Atlanta Community Strategy 81

PYMNTS

DECEMBER 7, 2020

Analysis of 295 cases of accounting fraud between 1996 and 2013 was compared to property crime rates in the areas where corporate fraud occurred. According to the judge, Apollo Global Management was "recklessly indifferent about the source of his reimbursements," and "significant liability lies with Apollo.".

Fraud 228

Fraud Ohio Indiana Payments 228

PYMNTS

JUNE 23, 2016

SM: When this happened, both the Bangladesh Central Bank and the Federal Reserve Bank in New York had security lapses that enabled the theft. Bangladesh’s Central Bank should have employed better perimeter security and data analytics to monitor for abnormal behavior from malware/spyware on their network.

Management 106

Management New York Security System 106

Gonzobanker

OCTOBER 15, 2014

My heart goes out to the hard working professionals who run the Treasury Services or “Cash Management” divisions at community banks. Yet for more than a decade, cash management professionals have shown their resiliency. But lately, there are deeper lines and fatigued expressions on the faces of cash management professionals.

Management 100

Management Community Bank Community Resources 100

PYMNTS

JANUARY 4, 2019

While the basic payment platform, coupled with the security features, are the same as in the U.S., India is transitioning away from our biggest competitor (cash), and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India, at the time.

Innovation 193

Innovation Online Google Technology 193

South State Correspondent

OCTOBER 25, 2023

However, volume has steadily declined as Venmo gained more traction by 2013, combined with real-time payments, Apple Pay, Google Wallet, and Zelle after 2017. The channel is not secure, and any criminal can steal, forge, or alter the checks almost at will. Once a check leaves the payee’s hands, it is mainly unsecured.

Fraud 195

Fraud ATM Payments Management 195

BankBazaar

DECEMBER 14, 2019

Financial transactions on BankBazaar have always been safe and secure. Since its inception, BankBazaar has consistently made efforts to create a robust, secure and glitch-free platform that will enable its users to carry out transactions and interactions seamlessly, minus the fear of losing crucial data and identity theft.

Security 78

Security Cards Compliance Data 78

Tech and Finance

JUNE 10, 2019

Department of Homeland Security last week released an update to its list of 16 critical infrastructures, which included financial services such as payments and clearing and settlement of securities. Valerie Abend, managing director, Accenture Security, said the department took a comprehensive view of security. “It

Security 31

Security Risk Management Payments National 31

PYMNTS

FEBRUARY 22, 2018

In a press release , Commonwealth Bank said customers with a Mastercard can load their credit or debit card details into its app and make secure payments with a compatible Samsung Galaxy or wearable device. Since 2013, our customers have been able to use their smartphones to make payments.

Samsung 109

Samsung Mobile Payments Security 109

PYMNTS

MARCH 18, 2019

An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its subsequent cover-up. Securities and Exchange Commission also said it was opening a probe last month.

Leadership 191

Leadership Policies Management Meeting 191

PYMNTS

MARCH 31, 2019

The agreements would be for cooperation and oversight of the fund management industry and the markets. The Securities and Exchange Commission and the Financial Conduct Authority (FCA) will work together to watch derivatives reporting, credit rating organizations and also fund managers. Bailey said.

US 129

US United States Management Report 129

PYMNTS

DECEMBER 21, 2020

FT reports that AconaOnline was purchased by DPO in 2013 by German businessman and Wirecard exec Dietmar Knöchelmann and others. Knöchelmann was convicted in Israel for crimes unrelated to DPO, FT writes, along with another individual who became a minority shareholder in DPO years before his conviction, and who now still holds 1.24

Payments 193

Payments Groups Report Management 193

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

OCTOBER 11, 2018

Founded in 2007 in San Mateo, California, Zuora is an end-to-end subscription business management platform that provides insights for businesses looking to grow a robust subscription service and build customer loyalty. Its investors include Benchmark Capital, Wellington Capital Management and Shasta Ventures.

Seattle 143

Seattle Capital California Management 143

CFPB Monitor

MARCH 9, 2020

On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.

Risk Management 78

Risk Management Data Management Compliance 78

CB Insights

OCTOBER 31, 2019

FREE REPORT: MILLENNIALS AND THE FUTURE OF WEALTH MANAGEMENT. And before proposing its cryptocurrency project, Project Libra , Facebook secured several patents related to digital currencies. This recently granted patent (which was originally filed in 2013) takes a slightly new tact for the social network giant.

Management 68

Management New York Tools Apple 68

PYMNTS

NOVEMBER 5, 2019

Launched in 2013, California-based Robinhood offers commission-free trading. In the meantime, the traders that have used this method could be held liable for the money and guilty of securities fraud, said Donald Langevoort, a law professor at Georgetown University. “If Robinhood didn’t say how many people were impacted by the mistake.

Fraud 102

Fraud California Security Apple 102

PYMNTS

NOVEMBER 1, 2018

Ng is also charged with conspiring to violate the FCPA by circumventing the internal accounting controls of a major New York-headquartered financial institution, which underwrote more than $6 billion in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013, while Ng was employed at the financial institution as a managing director.

New York 139

New York New York City United States Management 139

PYMNTS

FEBRUARY 20, 2020

Existing investors NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital and Core Capital also participated in the funding round. ZeroFOX was co-founded by five entrepreneurs — Chris Cullison, Evan Blair, Hillary Herlehy, James Foster and Robert Francis — and rebranded from the name Riskive in early 2013.

Baltimore 130

Baltimore Maryland social media Hawaii 130

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

PYMNTS

JANUARY 9, 2019

The Wall Street Journal reported that the partial closure of the Securities and Exchange Commission (SEC) is to blame for the delay, with companies including Gossamer Bio, Alector and Blackstone Group LP’s Alight Solutions putting planned IPOs on hold for this month. Data shows that an average of about three dozen companies go public on U.S.

Capital 169

Capital Groups Company Marketing 169

PYMNTS

FEBRUARY 27, 2019

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159

Security National Wyoming Idaho 159

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

MARCH 25, 2020

The board and management team are confident Dan is the perfect candidate to lead Green Dot into its next chapter, and we want to thank our consultants and other stakeholders, including Starboard Value LP, for their support and guidance during our search process. We could not be more excited to welcome Dan to the Green Dot family.”.

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

JUNE 15, 2016

He is replacing Mike Passilla, who was chosen as the company’s chief executive in May 2013 to oversee development of Chase Paymentech and other merchant-focused offerings. Previously, he has also worked in different senior roles in risk, general management and marketing.

Leadership 100

Leadership Community Bank Community Branding 100

PYMNTS

SEPTEMBER 24, 2020

The major cybersecurity issues that will continue to increase as digital becomes more prominent is fraudsters managing to get control of customers’ accounts,” he said. Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. Shetty explained.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

SEPTEMBER 8, 2016

TPG will own a 51 percent stake in McAfee, which was named Intel Security, while Intel will get a 49 percent stake. Intel will continue our collaboration with McAfee as we offer safe and secure products to our customers.”. “We Through the first half of this year, Intel Security Group revenue grew 11 percent to $1.1

Company 100

Company Security Marketing Strategies Strategy 100

PYMNTS

OCTOBER 21, 2018

Meanwhile, David Ellison, a portfolio manager specializing in financials at Hennessy funds, told the FT that assets at Bank of OZK have quadrupled since 2013, with most of it via real estate loans in southern U.S. He did note that close to $3 billion in loans were made in New York.

South Carolina 158

South Carolina North Carolina Arkansas New York 158

PYMNTS

OCTOBER 23, 2018

The misconduct at Wells Fargo was widespread across the bank and at every level of management – impacting both customers and investors who were misled,” Attorney General Barbara D. In fact, during Congressional testimony, Wells Fargo’s former CEO admitted that he became aware of widespread fraud by the company’s employees in 2013.

New York 139

New York Fraud Community Bank Strategy 139

Abrigo

MARCH 29, 2017

During the webinar, McLaughlin explained that the two biggest challenges for audit firms lie within the tension of managing risk while creating more efficiency during the audit process. The goal is to do less work while managing an appropriate level of risk. The goal is to do less work while managing an appropriate level of risk.

Analytics 150

Analytics How To eBook Fraud 150

PYMNTS

MAY 25, 2018

billion in securities from Russia were processed through the Estonian financial system. That warning came in 2013. Their identities were hidden behind a series of offshore management firms based in the Marshall Islands and the Seychelles,” the USA TODAY noted. In 2012, more than €7.3

Leadership 121

Leadership Report Groups System 121

PYMNTS

SEPTEMBER 30, 2019

Securities and Exchange Commission (SEC) and the U.K.’s s Financial Conduct Authority (FCA) will work together to watch derivatives reporting, credit rating organizations and also fund managers. Market regulators in the U.S. and the U.K. in March finished working on two potential agreements in the event of a no-deal Brexit.

Policies 108

Policies Course Regulation Report 108

PYMNTS

JUNE 23, 2016

Then, there are events like the Target breach, a security lapse rooted at one of the retailer’s suppliers, that resulted in millions of dollars in costs to the company. Earlier this month, FICO revealed plans to roll out a new kind of score: the Enterprise Security Score.

Security 102

Security Tools Data Marketing 102

PYMNTS

JUNE 24, 2016

In a similar fashion, SecurityScorecard continuously surveys, analyzes and indexes vulnerabilities across the entire internet to determine the security posture for every organization worldwide,” Dr. Aleksandr Yampolskiy, CEO of SecurityScorecard, explained.

Google 101

Google Risk Management Survey Security 101

PYMNTS

FEBRUARY 29, 2016

It looks like Snapchat has been scammed by an enterprising phisherman who managed to collect personal data on about 700 employees of the social media service. Unfortunately, some very useful stuff, including W-2 forms with names, ages, Social Security numbers, wages, stock option gains and benefits.

Los Angeles 100

Los Angeles Data social media Training 100

PYMNTS

FEBRUARY 23, 2017

Back in 2013, Jamie Siminoff went on entrepreneurial investment reality show Shark Tank and pitched his idea for a video doorbell with his company, then called DoorBot, said Forbes. All told, Ring has managed to raise some $209.2 Ring also offers customers wireless security cameras and video recording capabilities.

Video 100

Video Security Management Company 100

Celent Banking

MARCH 2, 2017

When it comes time to choose a business partner, banks will favor those who help them execute their third party risk management (TPRM) responsibilities over those who begrudgingly comply. 1 Office of the Comptroller of the Currency 2013-29 Bulletin.

How To 100

How To Risk Management Management Regulation 100