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How B2B Payments Balances Compliance With A Better User Experience

PYMNTS

Service providers are increasingly understanding that, like consumers, businesses demand a better and more seamless end-user experience. Achieving A Better User Experience. API integrations can streamline and consolidate that experience from within the accounting platform, making for a more convenient user experience.

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Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

Other regulations adding weight to financial service providers’ compliance burden include Europe’s PSD2 and the U.K.’s While that focus on data security is positive for the industry, Cohen warned that it can also hamper financial services players’ other key focus on promoting a better end-user experience.

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FDIC Extends Timeline to Comply with New Digital Signage Requirements

Perficient

The Federal Deposit Insurance Corporation (“FDIC”) recently announced that it is providing financial institutions additional time to get new process and systems in place by extending the compliance date for the new FDIC signage and advertising rule (Part 328, subpart A) from January 1, 2025, to May 1, 2025.

FDIC 221
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6 Digital Payment Trends Set to Transform 2025

Perficient

This transformation will require a delicate balance between innovation and compliance, ensuring that advancements in AI contribute to a secure and efficient payments landscape. Additionally, AI can enhance accessibility and mobile development through voice and conversational payments, improving user experience.

Trends 221
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Compliance And Innovation Make Profitable Bedfellows For Banks

PYMNTS

As the world becomes increasingly digitized and more consumers embrace the speed and convenience of contactless purchases, Jim McCarthy , president of payment technology and innovation firm i2c , said banks have been left behind and should focus on what they do best — compliance. On the other hand, what they’re very good at is compliance.”.

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The smartphone as a mobile identity device

Payments Dive

New mobile technologies make it possible for payments companies to leverage consumers' smartphones as an identity device, enabling compliance with AML and KYC regulations while maintaining the superior user experience that consumers expect.

Mobile 285
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10 NBFI AML Compliance Essentials

Abrigo

What NBFIs Should Know About Their AML Programs NBFI AML compliance requirements are top of mind in today's regulatory environment. Branch networks and banking hours have been replaced with mobile banking and user experience as important decision criteria in choosing financial relationships. NBFIs’ AML compliance requirements.