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OCC Highlights, AML & CRA Risks

Perficient

Navigating AML and OFAC Compliance Risks Regarding anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance risks, bank executives must navigate operational and compliance challenges tied to fintech relationships. Manage third-party risks, especially for relationships involving higher-risk or critical activities.

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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.

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Today In Data: Intelligence Of Things Pushes Innovation

PYMNTS

in the form of smart poles that improve urban communities’ access to wireless networks and LED lighting. trillion | Estimated revenue in USD that mobile network operators stand to gain by 2026, achieved through early deployment of commercial low-power wide-area (LPWA) networks. Here are the numbers: 1.8

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The Future of Checks – Tales From The Crypt

South State Correspondent

As check volumes continue to decline as instant payments take hold and fraud increases, we predict the cost per check will hit over $15 per check by 2026. By 2026, we predict instant payments will largely displace checks in their many forms. That is an expensive item. This is the Rubicon in check processing.

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

South State Correspondent

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. In order of our perceived importance, here is our breakdown: 10.

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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. The larger seed-to-sale solutions operating on “certain cloud-based systems” have, unfortunately, turned out to be less than reliable and stable. As a point of comparison, U.S.

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Amazon Sizzles, CX Border Fizzles And Humans Win One Against The Machines 

PYMNTS

Because – we admit – with the layers of reveals about the fake Facebook ads sold to Russian operatives, this may seem like something of a strange choice, and pretty far from the feel-good story of the week. If we’re going to build a safe community, we need to respond quickly,” CEO Marc Zuckerberg wrote in a post at the time.

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