PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. Plaid is unlocking payroll data to ease access to federal financing. ” Plaid Unlocks Payroll Data to Support PPP Lending.

Data 167

Data Lending Regional Fintech 167

PYMNTS

JANUARY 31, 2020

Some companies have been able to adjust quicker than others, leading to the first-ever fines issued and collected for breach of GPDR within the region. Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

NOVEMBER 25, 2014

It uses the three main approaches to generate the most accurate valuation possible and to ensure compliance with AICPA guidelines. You can also listen on demand to the complete webinar featuring Wapner and Aaron Lively, Sageworks’ regional valuation consultant. Blog Accountant'

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. And beyond government efforts, FinTechs in the private sector are also promoting eProcurement digitization in the region. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

MARCH 25, 2019

The Netherlands, for instance, only recently implemented it because it needed to make sure that consumers’ personal data will remain protected, as payments in the region are mostly digital. PSD2 compliance, licensing and consumer protection. To foster trust and grow customer awareness, DNB has launched a national media campaign.

Regional 108

Regional Regulation Data Payments 108

PYMNTS

APRIL 30, 2018

similar regulations are already being put to the test in other regions around the world. Understanding that the brave new world of connectivity also creates a set of challenges, the European Commission has begun outlining guidelines for companies in the space and promoting heightened cybersecurity to keep citizens’ personal data safe.

Data 119

Data Compliance social media Regulation 119

PYMNTS

MARCH 11, 2020

The Reserve Bank of India recently released guidelines outlining an approved method that private companies could use for conducting KYC checks online by using videos. In this month’s Feature Story, Sketcher explains strategies for a better understanding of transaction risks and thwarting fraud in different sectors and regions.

Fraud 150

Fraud Payments Guidelines Regulation 150

American Banker

OCTOBER 10, 2023

The Federal Deposit Insurance Corp. issued a proposal requiring larger banks to implement a three-line-of-defense risk management model and increased board independence in response to observed weaknesses in corporate governance during past financial crises and recent bank failures.

Guidelines 36

Guidelines Regional FDIC Risk Management 36

PYMNTS

MAY 12, 2017

In 2014, its first year in business, the company quickly signed up over 200 customers in Europe and then determined it needed to expand outside the region to build momentum. Meanwhile, Currencycloud draws transaction data to run anti-money laundering and other compliance checks.

Payments 109

Payments Compliance Guidelines Comparison 109

PYMNTS

OCTOBER 28, 2019

The firm was the first money transfer company to use Unified Payments Interface (UPI), which was developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines. They are solving the FinTech acceptance problem in an entirely new way through 10 pivotal markets in the Asia-Pacific region.

Payments 101

Payments Guidelines Fintech Regional 101

PYMNTS

JULY 5, 2017

The regional variations of the payment flow make for a massive amount of complexity in the ecosystem as there are also regulatory and compliance guidelines that will shift depending on the region.

Innovation 121

Innovation Customer Experience Mobile Security 121

PYMNTS

JANUARY 31, 2019

The threat of fraud forces fundraising platforms into a delicate balancing act, one in which they must comply with various region-specific regulatory rules while continually updating their client-safety approaches. They’re on the hook with regulators should something go wrong, after all. The stakes are high, Couture said.

Tennessee 108

Tennessee social media Fraud Guidelines 108

Social Assurance

MAY 22, 2020

Since CRA was enacted in 1977, financial institutions conduct a bevy of qualifying activities that vary from region to region, bank to bank. Today, it’s a common practice for deposits to come from regions where there aren’t any branches. Revised Reporting Guidelines. Key Takeaway.

Compliance 29

Compliance Regulation Community Guidelines 29

CFPB Monitor

APRIL 29, 2015

The Team is described as “partnering” with the CFPB’s Office of Fair Lending and different regional offices. The section also includes a list of “best practices of financial institutions with well-developed fair lending compliance systems.”

Lending 60

Lending Report Policies Compliance 60

Jeff For Banks

MARCH 29, 2014

(Nasdaq: TCBI) "We serve the needs of commercial businesses and successful professionals and entrepreneurs located in Texas as well as operate several lines of business serving a regional or national clientele of commercial borrowers. We are primarily a secured lender, with our greatest concentration of loans in Texas.

Strategy 100

Strategy Texas San Antonio Fort Worth 100

NCR

AUGUST 18, 2017

A study by Business Insider Intelligence found that the most common reasons that financial services firms in the EMEA region are investing in blockchain is to create new business models or launch startups. Nearly four out of ten firms (37 percent) highlighted this as a reason for their interest in the technology.

blockchain 75

blockchain Technology cryptocurrency Study 75

Social Assurance

JULY 10, 2020

Since the Community Reinvestment Act was enacted in 1977, financial institutions conduct a bevy of qualifying activities that vary from region to region, bank to bank. Today, it’s a common practice for deposits to come from regions where there aren’t any branches. Revised Reporting Guidelines. Key Takeaway.

Compliance 15

Compliance Regulation Community Guidelines 15

FICO

DECEMBER 9, 2019

At the same time, reputational risk for the creditor will go up if those countries that are not governed by best practice debt collection guidelines return to poor debt management practices. The UK is one of the highest leveraged regions in Europe, which leads people more vulnerable to an economic downturn. They keep borrowing.

Analytics 52

Analytics Regional Strategy Regulation 52

Independent Banker

FEBRUARY 16, 2015

Since Alabama is a regional banking center, Shelby has learned various perspectives about maintaining a diversified banking system. Because community institutions do not have large compliance departments like Wall Street institutions, this legislation provides commonsense measures to lessen the load on our local banks.”.

Community Bank 70

Community Bank Alabama Ohio Community 70

Abrigo

NOVEMBER 4, 2024

These foundational guidelines for suspicious activity monitoring should align with an institution’s risk profile, and actual practices must mirror written policies. See tailored AML/CFT solutions that can improve your compliance. Regular quality assessments identify areas for improvement and help prevent potential compliance issues.

Training 195

Training Compliance System Regulation 195