Perficient

JUNE 5, 2020

As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. Operational Security. Secrets are necessary for the operation of all modern software systems. Intake, Construction, Release Management), and DevOps pipeline tooling.

Compliance 332

Compliance Security Software System 332

Perficient

FEBRUARY 27, 2021

This morning I was sipping on my cup of coffee and browsing through Microsoft’s Learn page when I stumbled upon a few new certifications and exams around Microsoft Security and Compliance ! Certification – Microsoft Certified: Security Operations Analyst Associate. Exam: Microsoft Security Operations Analyst SC-200 (beta).

Compliance 322

Compliance Security Branding Management 322

Abrigo

JUNE 14, 2021

Create an effective sanctions program Considering the current economic and political environment, it is crucial that financial institutions maintain a strong sanctions compliance program (SCP). Takeaway 1 OFAC has issued new guidance on the essential components of a strong compliance program. learn more.

Compliance 370

Compliance Training Resources Policies 370

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. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations.

Regulation 473

Regulation Compliance Exercises Guidelines 473

PYMNTS

OCTOBER 2, 2020

Working with payments orchestration providers can help firms like these address their systems’ security flaws by taking on the compliance burden. They can also provide the resources and expertise needed to meet PCI compliance and allow firms to focus on their own core competencies. percent over the next seven years.

Compliance 243

Compliance Data Report Meeting 243

Independent Banker

AUGUST 31, 2022

In today’s intense regulatory landscape, compliance extends to every aspect of banking, so much so that no one person or team can be solely charged with managing a bank’s compliance requirements. In fact, compliance has grown to become a massive responsibility that must be part of every employee’s job. My top three.

Compliance 177

Compliance Community Leadership Industry 177

Cisco

MAY 15, 2024

The Digital Operational Resilience Act (DORA) offers financial service institutions the chance to enhance operational resilience and competitive advantage through compliance, with Cisco providing a comprehensive suite of solutions to support FSIs in meeting these new regulatory requirements.

Compliance 98

Compliance Operations Meeting Industry 98

Perficient

AUGUST 4, 2024

This connectivity enhances interoperability, allowing for streamlined operations and improved data flow across various platforms. Improved Security and Compliance With stringent regulatory requirements in the financial sector, security and compliance are paramount.

Industry 467

Industry Compliance Examples Risk Management 467

Perficient

NOVEMBER 19, 2024

While not legally binding, the Guidelines are expected to support and induce voluntary efforts by developers, providers, and business users of AI systems through compliance with generally recognized AI principles and are similar to the EU regulations discussed previously in that they propose a risk-based approach.

Regulation 221

Regulation Guidelines System Compliance 221

PYMNTS

NOVEMBER 26, 2019

Particularly amid the continuing uncertainty surrounding Brexit, FinTechs are turning to Lithuania to retain their European footholds and operate in a country that supports their innovative ambitions. But financial regulatory compliance can be a headache for any market. Resuming Operations. An Opportunity for Collaboration.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance. This can be particularly burdensome for smaller firms.

Compliance 178

Compliance Meeting Payments Cards 178

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

PYMNTS

AUGUST 21, 2020

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. In addition, he noted that the sale of some of the company’s operations in Britain and North America could be announced soon. billion euros ($2.1

Operations 222

Operations America Cards Compliance 222

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

TheGuardian

OCTOBER 22, 2024

The bank also announced the promotion of its chief risk and compliance officer, Pam Kaur, to chief financial officer, the first woman to occupy the role in HSBC’s 159-year history.

Operations 58

Operations Compliance US 58

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.

Compliance 221

Compliance Training System Management 221

PYMNTS

JULY 1, 2020

The Office of the Comptroller of the Currency (OCC) said in a report this week that it will examine how the coronavirus is impacting compliance by financial institutions (FIs). The pandemic has heightened risks for pretty much everyone, including U.S.

Compliance 166

Compliance National Fraud Operations 166

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

The Paypers

OCTOBER 11, 2024

Embedded Banking company NoFrixion has entered into a collaborative agreement with CalQRisk to ensure compliance with the EU’s Digital Operational Resilience Act (DORA).

Compliance 36

Compliance Operations Company 36

PYMNTS

JULY 8, 2019

and compliance teams would manually check onboarding customers to make sure their records were clear. Wiping out the manual process and handling compliance in an automated fashion can propel companies forward,” Meier said. A client who passed through compliance checks on day one might not be compliant on day 500, for example.

Compliance 202

Compliance Data System Fintech 202

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. ” Organizations must do more with less, and they must do it quickly, he continued.

Compliance 191

Compliance Risk Management Training Analysis 191

Bank Innovation

FEBRUARY 12, 2020

It operates in Europe and Australia, and last fall launched publicly in Singapore and in beta for U.S. based digital banking startup Revolut is expanding at a rapid clip. The company boasts more than 8 million customers across multiple continents.

Compliance 284

Compliance Meeting Digital Banking Operations 284

PYMNTS

SEPTEMBER 16, 2020

The solution comes on top of the technology firm’s array of offerings to bolster the GST compliance experience for companies in the country, according to a Wednesday (Sept. 16) announcement. And companies can also decrease their business risk, while bolstering their governance, according to the announcement.

Taxes 163

Taxes Compliance Software Resources 163

Perficient

OCTOBER 30, 2024

As part of the regulatory process, FinCEN may consider how financial institutions are currently using innovative approaches to compliance such as machine learning and AI, and the potential benefits and risks of specifying standards for those technologies.

Regulation 221

Regulation FDIC Compliance Innovation 221

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

PYMNTS

JULY 9, 2020

A press release Thursday (July 9) says Effectus Group , which does consulting work for a myriad of industries including technical accounting, IPO services and financial operations, can aid companies on revenue services and modernizing the receiving and processing of customer orders.

Groups 163

Groups Operations Compliance Management 163

PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. The Cloud And Compliance Challenges. Coming back to ‘What is the compliance aspect?’ at least for Germany and Europe, the regulation is well-defined [for banks],” Schmidt said.

Compliance 225

Compliance Regulation Guidelines Security 225

Payments Dive

JANUARY 30, 2024

If the state’s buy now, pay later legislation passes, new requirements piling on additional compliance burdens may lead some providers to pull their operations in New York, attorneys said.

New York 221

New York Compliance Operations 221

Payments Source

NOVEMBER 2, 2020

In a major break from the Payment Card Industry security standards playbook, merchants and service providers using newer technologies would have the opportunity to rewrite network operation and testing procedures when achieving compliance.

Compliance 115

Compliance Security Cards Operations 115

BankInovation

AUGUST 25, 2021

Encore Bank is working with fintech Compliance Systems to develop electronic treasury agreements that will embed compliance into bank documents. based private commercial bank already works with the vendor to embed compliance into its current loan and deposit account opening processes, said Chief Operations Officer Erin Simpson.

Compliance 98

Compliance Fintech System Operations 98

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. Supporting the aggregation and transmission of data for regulatory compliance is one part of this process.

Compliance 117

Compliance Risk Management Lending Regulation 117