Abrigo

DECEMBER 10, 2024

The statement provided examples of risk management and other practices that may be effective in combatting this often-underreported crime. Older adults are frequently targeted by various scams that exploit their trust, unfamiliarity with technology, and, sometimes, their social isolation.

Fraud 195

Fraud Training Software social media 195

PYMNTS

DECEMBER 10, 2018

The blockchain team is a startup within Facebook, with a vision to make blockchain technology work at Facebook scale,” the ad said. “We’re We’re exploring lots of areas of interest across all facets of blockchain technology.”. Facebook already has about a dozen people working on blockchain and cryptocurrency.

blockchain 177

blockchain social media cryptocurrency Risk Management 177

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Perficient

JUNE 25, 2024

In his speech, Hsu emphasized that the rapid adoption of technology during periods of change, without corresponding adjustment in controls, allows risks to grow undetected until they culminate in financial crises.

Case Study 221

Case Study Risk Management Analysis Innovation 221

PYMNTS

JULY 22, 2020

The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release.

Regulation 140

Regulation Bitcoin cryptocurrency Cyber Security 140

Perficient

SEPTEMBER 16, 2022

The Federal Reserve will require a firm, prior to engaging in crypto-asset-related activities, to have in place adequate systems, risk management, and controls so the new activities are practiced in a safe and sound manner that is compliant with applicable consumer protection statutes and regulations. Financial risk. Legal risk.

Compliance 275

Compliance Risk Management System Regulation 275

PYMNTS

JUNE 27, 2018

According to Frey, if an exchange rate shift of more than 10 percent would negatively impact a company’s PNL (profit and loss) or ability to generate revenue, then, regardless of size, that company should deploy an FX risk mitigation strategy. Data from these platforms is instrumental in accelerating risk analysis, Frey explained.

Strategy 134

Strategy Risk Management Management cryptocurrency 134

PYMNTS

NOVEMBER 19, 2019

Cryptocurrency risk management platform TRM Labs announced that it has raised $4.2 Founded in 2018, TRM helps financial institutions across the US, Latin America, Asia and Europe to measure, monitor and mitigate their cryptocurrency risk exposure, enabling them to simplify customer due diligence and meet regulatory requirements.

cryptocurrency 103

cryptocurrency Risk Management blockchain Capital 103

CFPB Monitor

JULY 27, 2020

cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency.” Through intermediated exchanges of payments, banks facilitate the flow of funds within our economy and serve important financial risk management and other financial needs of bank customers.

National 113

National cryptocurrency Risk Management Regulation 113

PYMNTS

SEPTEMBER 25, 2018

Chris Wright, Protiviti’s global leader of business performance improvement solution, recently spoke with PYMNTS to reflect on the survey, which is indicative of the organization’s ever-growing adoption of technologies that amplify the importance of data on their operations. The results are not surprising, he said.

Data 168

Data Analytics blockchain Survey 168

PYMNTS

NOVEMBER 2, 2020

Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated. RBA expects to finish the project at the end of this year.

Bitcoin 160

Bitcoin Policies Groups cryptocurrency 160

BankInovation

MARCH 23, 2022

Cross River Bank announced Wednesday that it will use blockchain data company Chainalysis for cryptocurrency compliance. The $5 billion bank will integrate Chainalysis’ real-time transaction compliance platform, investigations technology and risk management software into its existing crypto build.

Software 98

Software Risk Management Compliance cryptocurrency 98

PYMNTS

MARCH 6, 2019

Blockchain is increasingly garnering headlines and attention for its use cases beyond cryptocurrencies. One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management.

blockchain 189

blockchain Management Data User Experience 189

PYMNTS

SEPTEMBER 30, 2018

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. IdentityMind Global announced Monday (Oct.

Compliance 144

Compliance cryptocurrency Risk Management Fraud 144

Banking Exchange

JUNE 9, 2021

ABA warns of wide-ranging impacts of central bank digital currencies Risk Management Technology Feature3 Fintech Feature Financial Trends Blockchain Bitcoin Cryptocurrency.

System 88

System Risk Management Bitcoin cryptocurrency 88

PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. He noted that a number of payment technologies and digital currencies provide real anonymity or some degree of it. Kellermann said there has been a rise in the instances of thefts and hacks at cryptocurrency exchanges.

Bitcoin 141

Bitcoin blockchain Payments Risk Management 141

Banking Exchange

NOVEMBER 16, 2022

FTX filed for bankruptcy last week, but the OCC says US banks were largely unaffected Risk Management Technology Feature Feature3 Cryptocurrency Blockchain Bitcoin.

Risk Management 78

Risk Management Bitcoin cryptocurrency blockchain 78

Banking Exchange

AUGUST 2, 2021

Academics argue that universal digital dollars could threaten financial stability and privacy Risk Management Technology People Feature3 Feature Financial Trends Blockchain Bitcoin Cryptocurrency.

Risk Management 78

Risk Management Bitcoin cryptocurrency blockchain 78

Banking Exchange

JUNE 30, 2021

Randal Quarles “skeptical” of the proposed benefits of a Federal Reserve-backed digital currency Risk Management Technology Payments Feature3 Feature Bitcoin Cryptocurrency Blockchain.

Risk Management 78

Risk Management Bitcoin cryptocurrency blockchain 78

Banking Exchange

JANUARY 11, 2023

Pivot away from digital assets has been in the works since 2017, says Metropolitan Commercial’s CEO Risk Management Blockchain Bitcoin Cryptocurrency Feature Duties Feature3 Technology Digital.

Risk Management 78

Risk Management Bitcoin cryptocurrency blockchain 78

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank. What solutions do you have? Which use cases do you address? Why is it so hard?

Compliance 81

Compliance Technology Fraud Analytics 81

Banking Exchange

OCTOBER 14, 2019

Banks should not learn the wrong lessons, however Payments Technology Risk Management Financial Trends Cards Online Mobile Security Checks/Remote Deposit Capture Tech Management Operational Risk Compliance/Regulatory Cyberfraud/ID Theft Blockchain Fintech Feature Feature3.

cryptocurrency 60

cryptocurrency Company Risk Management blockchain 60

FICO

DECEMBER 17, 2020

Cryptocurrency exchange rates have skyrocketed in the past month. As digital currencies grow, criminals are taking advantage of the emerging technology. According to a recent report , the total of cryptocurrency related frauds and thefts stands at a staggering $7.69b. This includes $2.8 This includes $2.8

cryptocurrency 52

cryptocurrency How To blockchain Analysis 52

PYMNTS

MAY 7, 2020

In a recently-announced partnership , workflow management provider Fintainium and payments technology firm CIT said they are looking to enable small businesses to manage cash flow through payment inflows and outflows. Argos Risk, Gatekeeper Enable Third-Party Management.

Payments 151

Payments Tools cryptocurrency Management 151

PYMNTS

FEBRUARY 15, 2018

As reported by Jakarta Globe , the bank had issued provisions to support innovation in the FinTech sector, also with the aim of supporting consumer protection, risk management and prudence. The letter read in part that “we believe there may be new opportunities arising from the tokens and the technologies behind them.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

MARCH 14, 2019

” Technological Troubles. More than one-third admitted that they lack sufficient time to adequately perform all their responsibilities, with cash forecasting and risk management processes put on the back burner most often. Even fewer — 5 percent — have adopted blockchain, and only 2 percent use cryptocurrencies.

Fraud 115

Fraud Survey Taxes Regulation 115

Jeff For Banks

NOVEMBER 28, 2023

Embedded finance : Banking services will be integrated into everyday activities, such as shopping, paying bills, and managing finances. Decentralized finance (DeFi) : DeFi technologies, such as blockchain and cryptocurrencies, will disrupt traditional banking models and create new opportunities for financial inclusion.

United States 91

United States Analytics Risk Management Google 91

Abrigo

DECEMBER 19, 2022

Understanding cryptocurrency Crypto’s exponential growth, rising prominence, and high-profile risks make a baseline understanding of digital coins and blockchain technology imperative. This whitepaper explains the basics of crypto and blockchain technology. Click on the link next to the number to access each resource.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

JUNE 20, 2019

The last thing that anyone wants to hear in almost any financial organization is that the people tasked with risk management is feeling less than fully confident about their ability to actually do that job — because they aren’t sure if their data is good.

Data 166

Data cryptocurrency Regulation Compliance 166

PYMNTS

OCTOBER 29, 2019

The organization, which is investing $600,000 in the project, is working with blockchain startup ChromaWay and Bolivian IT services company Jalasoft on the project in Bolivia, Peru and Paraguay, with plans to eventually test out the technology in other parts of South America.

Bitcoin 102

Bitcoin blockchain social media America 102

Insights on Business

DECEMBER 19, 2018

In addition, the Federal Reserve and a host of other regulators have released guidance on not only how to address the opportunities of artificial intelligence in financial crime as well as risk management, but what is expected once they look to apply innovative technologies. Heightened supervision expands the aperture.

Regulation 111

Regulation Innovation Risk Management Compliance 111

PYMNTS

JUNE 27, 2016

“Over the past few years, the rise of new financial marketplaces, globalized eCommerce, cross-border payments, international remittances, and cryptocurrencies have become significant opportunities for banks,” Caldera wrote in a recent report. Not if you ask Jose Caldera, IdentityMind Global’s VP of Product.

Regulation 101

Regulation Guidelines Risk Management Operations 101

Bobsguide

JULY 21, 2022

LONDON, 14 July 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, announces the appointment of three new board members to support the firm’s rapid growth. • New appointments bring significant expertise from across the financial services industry to TS Imagine’s rapid growth.

Leadership 88

Leadership New Jersey America Capital 88

CB Insights

NOVEMBER 21, 2019

Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Accounting and expense management. For example, KNØX Custody (disclosed equity funding of US $6.2M) provides insured cryptoasset and cryptocurrency custody solutions. Company subcategories.

Fintech 93

Fintech Marketing US Technology 93

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. FinTech customers have no idea they are exposing themselves to identity and financial risk. By Kelly Pike. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

CB Insights

OCTOBER 20, 2021

Behind it is Gemini, with 3 acquisitions, and Bitmain Technologies and Chainalysis, each with 1. In February 2021, Coin Metrics and BitGo (both Blockchain 50 winners) teamed up with accounting giant KPMG to offer a suite of services for public blockchain risk management. FUNDING: WINNERS RAISE AN ADDITIONAL $3.3B

blockchain 88

blockchain Company Management Risk Management 88

Alex Jimenez

NOVEMBER 4, 2023

FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. While most people talking about AI seemed to be annoyed about the buzz that generative AI has wrought, they understand that we are seeing a new phase in AI technologies.

Conference 65

Conference Meeting Trends Fintech 65