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. The documents were generally minimally encrypted and therefore tended to contain non-confidential information.

Compliance 221

Compliance FDIC Tools Leadership 221

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

PYMNTS

FEBRUARY 7, 2019

Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. The burden of regulatory compliance came to a head in the U.S. regulations, even if a vendor is not in the U.S.

Compliance 164

Compliance Retail blockchain Regulation 164

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

Perficient

JANUARY 13, 2021

Exterro is a leading software platform focusing on an area known as Legal GRC (Legal Governance, Risk, and Compliance). Exterro helps our clients with three big e-discovery components: Locating the electronic documents. Collecting and preserving the documents and present them to the demanding party.

Software 309

Software Compliance Tools Examples 309

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 223

Compliance Tools Fraud Regulation 223

PYMNTS

JULY 8, 2020

Trulioo , the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized businesses (SMBs) to provide the same level of online protection to their customers as global conglomerates. Trulioo said it’s easy to use.

Compliance 140

Compliance Online Security Technology 140

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

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." Miss” and thus alienating nonbinary customers.

Compliance 195

Compliance Community System Training 195

PYMNTS

OCTOBER 19, 2020

“In this industry, borrowers and lenders have high expectations; they want a mortgage document processing solution catered to improving operational efficiency, while ensuring speed and data accuracy. They also want a document automation process that helps enhance their current security and compliance posture,” she explained.

Google 264

Google Tools Lending Industry 264

Perficient

FEBRUARY 4, 2021

By having an inaccessible site, you are turning away 26% of your overall potential market and expose the organization to compliance violations. Identifying and documenting accessibility requirements prior to development hand-off will significantly reduce the number of accessibility errors on a live page. Heading Structure.

UX 531

UX Guidelines Compliance Study 531

Abrigo

SEPTEMBER 20, 2023

Understanding AML compliance and regulatory expectations. AML compliance is not for the faint of heart. Takeaway 3 Be your champion and fight for whatever is necessary to instill a culture of compliance. A culture of compliance AML compliance Having a solid culture of compliance is critical to avoiding AML penalties.

Compliance 150

Compliance Regulation Miami Fraud 150

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

Abrigo

JULY 17, 2019

There are also many gray areas in banking compliance, which can lead to different interpretations among compliance professionals. By reaching out to your examiners for compliance guidance, you are establishing a trusted relationship between the regulatory agency and the institution.

Compliance 240

Compliance Regulation Industry System 240

Perficient

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

New York 221

New York Compliance Regulation Analysis 221

CFPB Monitor

MAY 3, 2022

On April 28, 2022 the New York Department of Financial Services (“NYDFS”) issued its Guidance on Use of Blockchain Analytics , a document directed to all virtual currency business entities that either have a NYDFS Bitlicense or are chartered as a limited purpose trust company under the New York Banking Law.

Analytics 147

Analytics blockchain Compliance Policies 147

Perficient

FEBRUARY 13, 2021

For organizations using Teams Calling, it is recommended to start notifying your users about this new capability and update your training and documentation accordingly. Well, if you’d like to manage this capability you can do so by enabling or disabling this add-in for individual users via PowerShell (documentation coming soon).

Meeting 520

Meeting Policies Groups Training 520

Perficient

OCTOBER 12, 2020

New compliance standards from SWIFT now require internal SWIFT domain expertise with annual certifications and annual documentation. Businesses need the flexibility to define new banking relationships without the large, inflated IT projects. ”

Risk Management 309

Risk Management Fraud Management Compliance 309

Perficient

NOVEMBER 6, 2024

SEC Chairman Gensler foresees potential systemic risks because the use of AI in the financial sector eventually may be driven by a small handful of foundational models, thus creating a “monoculture” with many market participants relying on the same dataset or model.

Regulation 221

Regulation Compliance Analytics System 221

PYMNTS

NOVEMBER 25, 2020

A starting point to conducting identity verification is document-based, he said. In that event, “the first part of the whole equation is making sure that identity document is authentic,” Patel said. Traditionally, that begins with an individual presenting a government-issued ID to confirm identity. Boots on the Ground .

social media 353

social media Data Examples Training 353

Perficient

JANUARY 28, 2021

Company A Procurement Operations is responsible for executing system Purchase Orders based on externally generated requisitions in the form of a document routed through email for approvals. This process is largely successful in that it is easy to complete the form and route the document. Are there any duplicated processes?

System 322

System Operations Analysis Management 322

Perficient

FEBRUARY 17, 2021

Trading Partner Reporting Portal : The new Boomi portal provides authorized users essential EDI documentation. Users can easily add filters to track documents or discover materials associated with a document’s lifecycle. Users can track documents by key number, PO number, customer number, or other document attributes.

Management 340

Management Customer Experience Technology Innovation 340

Abrigo

FEBRUARY 14, 2024

WATCH NOW Takeaway 1 Reduce stress and mitigate financial and compliance impacts Takeaway 2 AML employee succession plans should be “living” documents. Planning now will mitigate the compliance risk from turnover and reduce stress for you and your AML program during times of change. Keep plans relevant.

Training 195

Training Fraud Compliance Regulation 195

Perficient

FEBRUARY 1, 2021

In today’s blog, we’ll discuss some of the latest and greatest features around Teams collaboration, meetings, calling, and security/compliance! If you’re interested in learning more about org-wide teams, check out Microsoft’s documentation here. Security and Compliance Updates. Chat & Collab Updates.

Meeting 322

Meeting Compliance Cards Security 322

Abrigo

JUNE 8, 2021

Real consequences from OFAC sanctions violations OFAC compliance has increased in complexity and clarity with guidance released within the past few years and institutions need to take notice to avoid penalties. Importance of Compliance. Framework Document. A Framework for OFAC Compliance Commitments. learn more.

Compliance 195

Compliance Software Case Study Payments 195

Perficient

OCTOBER 15, 2024

Lets talk about data governance in banking and financial services, one area I have loved working in and in various areas of it … where data isn’t just data, numbers aren’t just numbers … They’re sacred artifacts that need to be protected, documented, and, of course, regulated within an inch of their lives.

Tools 221

Tools Data Compliance Regulation 221

Perficient

JANUARY 9, 2021

In today’s blog, we’ll cover some of the biggest updates around meetings, calling, management, and even security and compliance released in late December/early January! . To add a page, list, or document library as a tab in Teams, check out the steps to do each of these here. . Security and Compliance.

Video 532

Video Meeting Community Management 532

Abrigo

SEPTEMBER 25, 2024

Lenders receive real-time feedback on the application status of loans in E-Tran, which allows them to make quick adjustments or provide additional documentation if needed. This software collects the exact data points needed, automatically generates the required documents, and returns recommendations based on qualification.

Lending 379

Lending St. Louis Fraud Software 379

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

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Looking back to strengthen your BSA program.

Training 195

Training Compliance Leadership Fraud 195

Chris Skinner

MARCH 21, 2017

Much of it is down to the fact that account openings depend upon physical documentation and human checks. I blogged recently that there is around $1.6 trillion of money laundering globally and less than 2% is caught by the financial system. That’s a stunning amount and makes you wonder why our system is so awful.

Compliance 291

Compliance System Policies Fraud 291

BankInovation

MARCH 26, 2024

Document processing is a routine task in the finance industry, but does it have to be manual? In an era where the banking sector is grappling with a growing volume of documents, the need for efficient, accurate, and swift document processing systems has never been more critical.

Compliance 77

Compliance System Industry 77

Abrigo

JUNE 2, 2021

This document was also written for examiners and recognizes the exam burden for financial institutions. Is it approved by the board as documented in board minutes? Does it address a “culture of compliance”? Does documentation justify any scenarios that are not being used for monitoring? Culture of compliance.

How To 195

How To Training Compliance Policies 195