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OCC Highlights, AML & CRA Risks

Perficient

Manage third-party risks, especially for relationships involving higher-risk or critical activities. YOU MAY ENJOY: Regulatory Reporting in Financial Services Modernizing CRA Regulations Managing compliance risk frameworks in alignment with existing risk profiles is crucial as customer needs evolve.

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ABB On How Smart Cities Can Emerge Stronger Out Of The Pandemic

PYMNTS

trillion by 2026, driven by investment in everything from connected street lighting systems to smart electrical grids. Recent weeks have dramatically demonstrated how important it is for communities to be able to adapt and respond in the face of cataclysmic events, which requires them to have resilient systems in place.

Community 236
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CurrencyFair Launches Cross-Border Collections Solution

PYMNTS

Dublin-based CurrencyFair has a user community of 150,000, who have traded the equivalent of over 9 billion pounds ($11.6 The partnership will enable Buy-World to transition to a full-service online model, and outsource its global payment management to CurrencyFair.

Online 167
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Amazon To Deliver Alcohol In West Bengal, India

PYMNTS

the state agency that manages liquor licenses, granted approval for Amazon to sell liquor online, the news service reported. It is estimated to reach $200 billion in revenue by 2026, up from just $39 billion three years ago, according to The Motley Fool. Amazon.com Inc. The West Bengal State Beverages Corp.,

Online 195
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The CFPB section 1071 effective date

Abrigo

This means that in addition to banks and credit unions, other lenders subject to the rule’s mandates are finance companies, online lenders, Community Development Financial Institutions (CDFIs), government lenders, and nonprofit lenders. 1, 2025, and they must report data collected for the entire 2025 year by June 1, 2026.

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The Future of Checks – Tales From The Crypt

South State Correspondent

This cost includes receiving checks, scanning, providing checks, check security, data verification, check data management, compliance, fraud management, customer service for transactions, handling complaints, dispute resolution, and exception handling. The Cost of Checking Of course, as checks decline, the incremental cost increases.

Fraud 195
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience. Maybe a topic for next year?