BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. Cyber attacks are regularly cited as one of the top risks faced by firms in the financial sector and one of the most challenging to manage. Rachel Adeney and Amy Fraser.

Operations 127

Operations Policies System Regulation 127

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

NOVEMBER 23, 2020

For purposes of this analogy, the “basement” into which bad mice are creeping is most likely your legacy payroll/expense management software and its possibly compromised connections. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

System 165

System Management Tools Cards 165

Perficient

OCTOBER 30, 2024

In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC.

Regulation 221

Regulation FDIC Compliance Innovation 221

PYMNTS

SEPTEMBER 15, 2020

Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh , known for starting New York's Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The move may show that the eCommerce giant is looking to bolster delivery times. The company has opened over 75 new facilities in the U.S.

Management 165

Management New York New York City Regional 165

PYMNTS

AUGUST 7, 2019

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. In addition to the restricted activities, we will also evaluate whether the current manager of the institution is eligible for this position.”.

Operations 101

Operations Regional Compliance Report 101

PYMNTS

APRIL 6, 2018

Earlier this week, five healthcare firms operating across the U.S. insurance landscape said they’re launching a pilot program that will help boost the management of healthcare provider data. The alliance companies, Walker explained, will publish white papers and present at conferences throughout 2018.

blockchain 180

blockchain Management Data Conference 180

PYMNTS

JULY 25, 2019

New account fraud has become the most expensive form of identity fraud for businesses and consumers alike,” Kyle Marchini, senior analyst, fraud management at Javelin Strategy & Research, said in an emailed press release. million consumers in 2018. In fact, NAF hit its second highest level ever, affecting 3.2

Fraud 148

Fraud Report Mobile Strategy 148

PYMNTS

JANUARY 10, 2018

When Mastercard launched the Start Path accelerator program in 2014, the goal – according to VP and senior business leader, Amy Neale – was to make it easier for emerging companies to enter “our world” through a combination of operational support, commercial access and some strategic funding. The Start Path Admissions Process.

Company 194

Company Meeting Millennials blockchain 194

Insights on Business

MARCH 19, 2018

To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. Many operations within financial services could be improved with machine learning. Intelligent automation’s ascent in financial services.

Las Vegas 138

Las Vegas System Operations Industry 138

PYMNTS

DECEMBER 27, 2018

From kiosks to online ordering and drive-through lanes, these merchants sought to provide their customers with digital alternatives to ordering at the counter in 2018. The offerings come as managers of QSRs are seeing digital ordering options as a valuable offering. Pizza Hut noted that so far this year, about half of its U.S.

Innovation 157

Innovation Branding Online Technology 157

FICO

JULY 15, 2021

But thanks to nonprofit organizations like Operation HOPE — which collaborates with financial institutions, corporations, municipal agencies, and community organizations to help low- and mid-income Americans achieve financial independence — credit education is available more widely than ever before. Operation HOPE Global Board of Advisors.

Operations 98

Operations National Community Analytics 98

PYMNTS

OCTOBER 30, 2019

This could also result in delays for customers and negatively impact a company’s bottom line, which is why new expense management solutions are emerging at a rapid pace. Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5

Management 103

Management System Report Operations 103

Insights on Business

JUNE 18, 2018

Innovators and industry leaders across the marketplace will discuss the impact of technologies like artificial intelligence and machine learning and how they are being used to give security firms new insights from risk management to compliance. There will also be many great panel discussions at SIFMA 2018. IBM keynote. IBM panelists.

Conference 70

Conference Fintech blockchain Compliance 70

Bobsguide

FEBRUARY 28, 2018

bobsguide takes a look at the plethora of geopolitical, regulatory, customer, operational and market risk challenges facing asset managers in 2018. Whether it is a large and cumbersome regulatory environment (e.g. MiFID II, the General Data Protection Regulation (GDPR) and the Common Reporting.

Management 104

Management System Regulation Operations 104

PYMNTS

MARCH 27, 2017

As such, there will likely always be a need to adjust staff and operations from time to time. To do this, the company, which currently runs 44 locations, chose to make its operations leaner with the elimination of its community manager. This is a lesson on-demand delivery service Postmates just recently learned.

Community 100

Community Management Nashville Operations 100

PYMNTS

JANUARY 28, 2019

. “This report looks to identify and unpick the challenges, and opportunities, that companies are facing today as they manage risk and enhance their corporate value,” he said in a statement announcing the report. 44 percent of executives admit to having gaps in their current risk management systems , DSS found.

Management 145

Management Risk Management Survey Security 145

PYMNTS

OCTOBER 31, 2018

It was more than a month ago that eBay started managing payments on its U.S. The eCommerce operator, which released its third quarter 2018 results , said it has intermediated $38 million of gross merchandise value (GMV) so far. billion for the second quarter of 2018. Managed Payments. percent of GMV.

Management 134

Management Report Payments Apple 134

PYMNTS

JULY 9, 2019

Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo! Operating in the U.K., “There are companies like Square , Adyen and Stripe who manage payments going into the company,” he said.

Management 100

Management Strategy Capital Company 100

PYMNTS

OCTOBER 29, 2019

It was formed in 2018 and it has a 5.2 Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space. MF Technologies is a collaboration between Megafon, Rostec, Gazprombank and USM holdings. percent stake in Mail.ru Group, as well as the control of most of its voting rights. Boris Dobrodeyev, Mail.ru

Operations 101

Operations Groups Technology Marketing 101

PYMNTS

MAY 10, 2019

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. “On Sept.

Operations 128

Operations United States Guidelines National 128

PYMNTS

OCTOBER 29, 2019

It was formed in 2018 and it has a 5.2 Sberbank said it wants to grow its operations and put pressure on Yandex, a rival in the space. MF Technologies is a collaboration between Megafon, Rostec, Gazprombank and USM holdings. percent stake in Mail.ru Group, as well as the control of most of its voting rights. Boris Dobrodeyev, Mail.ru

Operations 100

Operations Groups Technology Marketing 100

PYMNTS

SEPTEMBER 26, 2018

Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. billion raised via ICO in July.

Management 164

Management cryptocurrency blockchain Regulation 164

PYMNTS

SEPTEMBER 13, 2018

In a new PYMNTS interview , Karl Schamotta, regional director of risk management solutions at Cambridge Global , which sells currency hedging and related services — tasks that have recently assumed greater importance in eCommerce and other industries because of the stronger U.S. The world is not getting any more stable — not for a while.

Risk Management 100

Risk Management Management Conference Regional 100

PYMNTS

DECEMBER 27, 2018

However, an awful lot is in fact different at the dusk of 2018 than it was at the dawn. The year 2018 saw massive changes in where consumers shop, how they pay, and what goods and services they want in their carts. Yet, as 2018 was coming to a close, Facebook was hit with just a bit more bad news. The Facebook Follies.

Retail 123

Retail Online Cards United States 123

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Digital wealth management.

Las Vegas 111

Las Vegas blockchain NV Conference 111

PYMNTS

AUGUST 24, 2018

When Netflix reported its Q2 financials, its failure to “ hedge its revenue with derivatives,” according to Reuters, led the company to lower its 2018 operating margin expectations to the lower end of its 10 percent to 11 percent projection.

Risk Management 101

Risk Management Management Payments Conference 101

PYMNTS

NOVEMBER 15, 2017

Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Their partnership deploys EY’s Ops Chain supply chain management solution built on distributed ledger technology.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

JANUARY 28, 2019

To that end, Tuesday (1/29) we will get insight into how eBay is faring with its efforts to manage payments across its U.S. The company said in its third-quarter earnings report roughly three months ago that it intermediated $38 million of gross merchandise value in its first month of managed payments. marketplace.

Management 108

Management Payments Apple Report 108

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. Three board members are on track to be replaced by April and a fourth by the end of 2018.

Risk Management 100

Risk Management Management Compliance Groups 100

PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

How To 239

How To Payments Management social media 239

CB Insights

FEBRUARY 27, 2019

In 2018, 14 European startups reached unicorn status, led by Roivant Sciences with its $7B valuation. The companies on our list operate across industries including healthcare, cybersecurity, transportation, and more. Using CB Insights data, we identified all the Europe-based startups that have reached a $1B+ valuation in 2018.

Company 76

Company Capital Groups Operations 76

Insights on Business

FEBRUARY 15, 2018

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Think is the event where the problems of tomorrow meet the minds of today.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations.

Management 127

Management Payments Taxes Software 127

PYMNTS

MAY 29, 2018

Pret A Manger has been in operation since opening its first London store in 1986. As of 2018, it generates around £879 million per year ($1.17 billion) and operates 530 stores in countries including the United States and China. As of this month, the firm announced it had struck a $7.15 billion licensing deal with Starbucks.

Management 100

Management United States Branding Maine 100

PYMNTS

JULY 30, 2019

Getting inventory levels right is challenging, particularly for grocery stores that must also manage sell-by dates. Traditional low-tech approaches to inventory can entail store managers making guesses based on past experiences, a method that is inexact and leaves opportunities for human error.

Management 130

Management Retail System Branding 130

PYMNTS

AUGUST 24, 2016

Exaggerated claims on expense reports are challenging businesses’ ability to manage employee spend — and their own. The data also highlights how both employees and their managers are to blame for inaccuracies and fraud. The data also found their managers are in on the issue. Enterprise Chris Baker in a statement.

Management 100

Management Report Fraud Analysis 100