Abrigo

NOVEMBER 14, 2024

These actions can result in costly civil penalties and reputational damage, so banks and credit unions should take proactive steps to ensure their BSA compliance programs are robust and effective. Key strategies to prevent BSA enforcement actions To prevent BSA enforcement actions, banks must prioritize proactive compliance measures.

Compliance 221

Compliance How To Training Software 221

Payments Dive

MAY 5, 2023

Square parent Block is increasing compliance spending on personnel and software this year.

Compliance 273

Compliance Software 273

Payments Dive

MAY 6, 2022

In the cannabis business, federal illegality has kept many banks and payments companies on the sidelines. That's opened the door for young companies that are using the ACH network to facilitate cannabis payments in states where it’s been legalized.

Company 455

Company Compliance Payments 455

Perficient

APRIL 8, 2024

To bolster its capabilities and ensure compliance, the bank sought assistance from Perficient in delivering exceptional project and program management services to tackle their significant hurdles.

Compliance 221

Compliance Management Guidelines Risk Management 221

Perficient

MAY 30, 2024

Representatives from all three lines of defense—operational management, risk management/compliance, and internal audit—attend to present, discuss, and learn about industry shifts that are impacting risk and regulatory compliance. Sessions include a keynote interview with former FBI director James B.

Compliance 221

Compliance Industry New York social media 221

Payments Dive

MAY 3, 2024

The head of the payments company began an earnings call Thursday with a defense against a former employee’s allegations of compliance improprieties.

Compliance 195

Compliance Payments Company 195

Perficient

DECEMBER 18, 2023

In the fast-paced realm of finance, the significance of regulatory risk and compliance management practices cannot be overstated. The Role of Regulatory Risk and Compliance 1. Compliance with these legal obligations is not only mandated by regulatory authorities but also necessary for maintaining an institution’s reputation.

Regulation 473

Regulation Compliance Exercises Guidelines 473

Payments Dive

DECEMBER 11, 2023

“We’re going to continue to invest whatever we have to invest in order to get the compliance issues behind us,” CFO John Greene said last week.

Compliance 243

Compliance US 243

Payments Dive

JULY 31, 2024

When it comes to innovation, “if it's moving too quickly for customer protection to keep pace, it’s not happening,” said Sibongile Ngako, who recently joined the fintech as chief compliance officer.

Compliance 195

Compliance Innovation Fintech 195

Abrigo

AUGUST 19, 2024

A strong BSA prog r am starts with FFIEC compliance Building a robust BSA program means having access to the staffing and resources you need. You might also like this podcast, "Ensuring access to the FFIEC’s suitable resources at your financial institution: What BSA compliance officers need to know.

Resources 195

Resources Compliance Management Training 195

Perficient

JUNE 26, 2020

DevOps teams routinely deal with the most sensitive needs of an organization: security, governance, and compliance. Governance and Compliance: Forty-four percent of mature DevOps practices have integrated automated OSS governance into their software development lifecycles (SDLC), reducing the need for manual intervention.

Survey 506

Survey Community Compliance Security 506

Chris Skinner

FEBRUARY 13, 2020

A decade ago, we talked about the financial crisis, technology, regulations and compliance.

Technology 501

Technology Compliance Regulation Digital Banking 501

Perficient

SEPTEMBER 11, 2023

Already reviewed by Perficient, BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. This month, the Federal Deposit Insurance Corporation (FDIC) launches it new Banker Engagement Site (BES) through FDIC connect.

Compliance 221

Compliance FDIC Tools Leadership 221

Payments Dive

SEPTEMBER 25, 2023

PCI compliance has many hidden costs as companies work to bring systems into compliance and maintain compliance throughout the year.

Compliance 418

Compliance Security System Company 418

Perficient

FEBRUARY 16, 2023

With ServiceNow your company could achieve accelerated development, greater speed to market, and increased team execution and delivery for Financial Institutions while adhering to compliance and risks.

Operations 474

Operations Industry Compliance Management 474

Payments Dive

JANUARY 8, 2024

The card network company is boosting efforts to enforce surcharge rules, with non-compliance potentially resulting in fines up to $1 million, according to one card processor.

Compliance 448

Compliance Cards Company 448

Perficient

AUGUST 4, 2024

Improved Security and Compliance With stringent regulatory requirements in the financial sector, security and compliance are paramount. Regulatory Reporting and Compliance Automation Compliance reporting is often a resource-intensive process.

Industry 467

Industry Compliance Examples Risk Management 467

Abrigo

SEPTEMBER 6, 2024

Updated AML/CFT programs: If their financial institution is involved in any part of the covered transaction, such as providing escrow services, AML/CFT professionals must ensure that real estate professionals and advisers are fully integrated into their institution’s compliance framework.

Compliance 195

Compliance Training Fraud Regulation 195

Perficient

MARCH 17, 2021

While compliance with industry-specific regulations may dictate that certain work must remain within the United States, companies within financial services, healthcare, and government can still benefit from utilizing nearshore resources strategically. Compliance Considerations. Traceability. Experience.

Software 508

Software Regulation Industry United States 508

Accenture

MARCH 2, 2021

This is often due to a reactive, compliance-driven, piecemeal approach that makes it harder to adopt new capabilities. Many banks today are not seeing the returns on their investments in payments modernisation they hoped for.

Payments 483

Payments Compliance 483

Perficient

JULY 18, 2022

This marks the sixth and final blog of The What, Why, and How of TRACE Reporting Compliance blog series. And, to have all of this information in one easy-to-access place, you can download our corresponding guide, The What, Why, and How of TRACE Reporting Compliance, here. Auction bond transactions. Part 1 of 6). Part 5 of 6).

Security 474

Security Report Compliance Exercises 474

Perficient

DECEMBER 14, 2020

Interoperability, data compliance, and data governance in healthcare. Artificial and machine learning trends. Business intelligence (BI) trends. Big data support for making business decisions. The influence of BI solutions on analytics and decision making. The value of data in ecommerce, supply chain, and order management.

Data 539

Data UX Big Data Analytics 539

Payments Dive

JUNE 12, 2024

“Since many of these deepfake software services accept credit cards, payments providers are on the front lines of detecting these companies,” writes one corporate compliance officer.

Payments 356

Payments Compliance Software Cards 356

Abrigo

AUGUST 31, 2023

Teaching staff these KYC tips to make clients feel more comfortable In 2023, KYC procedures must both support CDD compliance and make sure your institution is a welcoming place for all customers. You might also like this resource, "Customer due diligence checklist."

Compliance 195

Compliance Community System Training 195

Payments Dive

MARCH 5, 2020

tax policy at Avalara, explains why the technological innovation taking place across the convenience store industry has drastically increased the burden of product management, compliance, and shipping on businesses placing their stake in the omnichannel landscape. Scott Peterson, VP of U.S.

Taxes 371

Taxes Policies Compliance Innovation 371

Accenture

JULY 31, 2020

In my first post, I talked about how it was time for banks to start looking beyond compliance in Open Banking and to imagine their role in the new application programming interface (API) economy. The post Two business models for monetizing Open Banking appeared first on Accenture Banking Blog.

Compliance 370

Compliance Payments 370

Perficient

SEPTEMBER 24, 2020

Looking forward to the near term multiple releases that improve the backend of our data in Microsoft 365 improving performance, structure, accessibility, compliance, reliability and robustness. Patient data compliance support with Microsoft Lists. No one should feel bad that their data is in SharePoint Online.

UX 420

UX Compliance Data Online 420

Perficient

MARCH 7, 2021

Contact Center and Compliance Recording Enhancements. Microsoft offers the Contact Center certification program as well as the Compliance Recording certification program to help customers choose only the best contact center and compliance recording options for Teams. Compliance Recording Certification additions.

Meeting 508

Meeting Video Compliance Operations 508

Abrigo

OCTOBER 30, 2024

Increasing efficiency of compliant AML investigations To boost AML program productivity and keep pace with evolving compliance demands, financial institutions should focus on strategic operational improvements paired with the smart use of technology. See tailored AML/CFT solutions that can improve your compliance. Learn more 1.

Compliance 221

Compliance Training System Management 221

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

Compliance 221

Compliance New York Regulation Analysis 221