Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report.

Technology 221

Technology Report social media Industry 221

PYMNTS

FEBRUARY 18, 2020

However, in the case of visual and image-based authentication processes, Trulioo Chief Operating Officer Zac Cohen told PYMNTS, the emerging picture is a bit cloudier. This technology has generated a hype cycle in terms of how it would change the game in securing data and locking out the fraudster.

Regional 145

Regional Security Mobile Technology 145

Perficient

NOVEMBER 6, 2024

SEC The Securities and Exchange Commission (SEC) issued a proposed rule in July 2023 to address conflicts of interest associated with broker-dealers’ and investment advisers’ use of predictive data analytics (“PDA”) and similar technologies, including AI.

Regulation 221

Regulation Compliance Analytics Policies 221

Perficient

NOVEMBER 8, 2024

The CAIO and AI Program team are responsible for ensuring that these controls are designed and operating effectively to provide sufficient assurance that the Board can mitigate risks from non-compliant AI uses. Considerations for resourcing, security controls, testing, and validation plans are also reviewed. Impact assessment.

Regulation 221

Regulation Risk Management Policies Compliance 221

PYMNTS

SEPTEMBER 6, 2019

The sharing economy is a two-way street that operates on trust between suppliers and customers, and that trust is even more important for high-value exchanges like home shares. percent of sharing economy platforms require new users to verify their identities by submitting identification documents online. How Do Platforms Authenticate?

Security 125

Security Data Online Regulation 125

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. Collaboration between stakeholders, developers, testers, and operations. Code centralized and secure. Faster operations – peer-to-peer. Documentation. Peer review.

Software 309

Software Operations Tools System 309

Perficient

JUNE 22, 2020

Oracle’s EPM Cloud Operations Guide is a must-have document for Oracle cloud EPM customers. Whether it’s performance enhancements, security settings, compatibility questions, etc. Have a question about the Operations Guide? – the guide contains instructions for addressing these challenges.

Data 354

Data Management Operations Examples 354

PYMNTS

JULY 16, 2019

This week’s news of a security flaw in the Android versions of WhatsApp and Telegram, first revealed by Symantec, marked the latest cybersecurity warning for users of high-profile technologies. Analysts warned that this security flaw could have particularly damaging effects when used to alter invoices and manipulate payment instructions. “In

Security 100

Security Fraud Mobile Payments 100

Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Create the Next Generation Agile, Secure and Intelligent Campus.

Security 137

Security Compliance Video ATM 137

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

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. 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. SonarQube Security Scan Result.

Compliance 332

Compliance Security Software System 332

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

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. The need to secure open banking has only grown as financial criminals have stepped up to exploit disruptions caused by the COVID-19 pandemic, he added.

Security 174

Security Fintech Data Fraud 174

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

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 83

Operations System Groups Technology 83

Perficient

JUNE 1, 2023

Boost operational efficiency and rapid scalability by effortlessly generating new documents using existing data and content with the help of AI-powered document creation. An Alternative for Regulated Industries At Perficient, we understand the importance of security when it comes to the financial services industry.

Compliance 251

Compliance Industry Regulation Data 251

Perficient

OCTOBER 28, 2024

CFPB On June 24, 20024 the Consumer Financial Protection Bureau (CFPB) approved a new rule to address the current and future applications of complex algorithms and artificial intelligence used to estimate the value of a home.

Regulation 221

Regulation Fraud Tools Compliance 221

PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. They need to thoroughly vet new customers and comply with security obligations to prevent crime from proliferating. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security.

Security 119

Security System Operations Report 119

PYMNTS

MARCH 29, 2019

Unfortunately, smoothly and securely connecting employers and freelancers from around the globe is no easy task. Gig work marketplaces must tackle these concerns on top of meeting various governments’ security and compliance regulations – and do so quickly, or they’ll turn their user base away. . Global Security .

Security 101

Security Video Fraud Tools 101

PYMNTS

JUNE 12, 2018

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

Operations 116

Operations Survey blockchain Technology 116

PYMNTS

APRIL 8, 2020

For all their shortcomings, paper checks provide a measure of comfort and security, especially in dealing with large sums. Yet, this sense of security is in many ways a false one. The latter allow businesses and vendors to exchange invoicing documents including means of payment via integrated electronic formats.

Study 224

Study United States Innovation Security 224

PYMNTS

OCTOBER 2, 2017

Aiming to protect users from hackers and political operatives, Google is gearing up to enhance its online security tools. The program will be offered to corporate executives, politicians and other individuals who have higher than average concerns about security.

Google 116

Google Tools Security Online 116

PYMNTS

APRIL 23, 2019

Sports and fantasy sports gambling operations are a big deal in the U.S., Many betting operations are tempting targets for fraudsters and other bad actors, however – especially online operations that do not require face-to-face customer interaction. with consumers betting more than $990 million in January alone.

Security 108

Security Puerto Rico Data Operations 108

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit.

Operations 100

Operations blockchain Payments Apple 100

PYMNTS

JANUARY 22, 2021

Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez. As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Contingency Planning.

Security 141

Security Fraud Tools Customer Experience 141

PYMNTS

JUNE 18, 2018

Reports in the South China Morning Post on Friday (June 15) said WorldFirst is about to receive its license to operate in Shanghai, according to Shanghai Financial Services Office director Zheng Yang. According to Yang, WorldFirst has been asked to provide documents to support its previous application to operate in China.

Security 101

Security Payments Operations Report 101

PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. Burt's blog post also offered new insight, at least for lay readers, into the ways Trickbot has thwarted conventional approaches to computer security. Microsoft Corp. Lumen, ESET and FS-ISAC.

System 232

System Operations Security Technology 232

Abrigo

JULY 9, 2024

To achieve this, the AML/CFT program must be meticulously documented and approved by the financial institution’s board of directors. Such documentation isn't only a formality; if passed as a final rule, it must be readily available to FinCEN upon request. These FinCEN priorities highlight significant threats to the U.S. jurisdiction.

Compliance 221

Compliance Fraud Regulation National 221

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. A smooth, effective loan administration process is like the defensive line against unnecessary loan losses, given that it impacts operations from the time a loan is approved until it is off the bank or credit union’s books.

System 195

System Lending Software Risk Management 195

PYMNTS

SEPTEMBER 17, 2020

Physical documents introduce a trove of friction points for the enterprise. Whether that's a lack of security if a piece of paper falls into the wrong hands, or simply the pain of having to manually store a document or capture its data, paper is far from the most efficient way to do business. A (Digital) Document Deluge.

Compliance 157

Compliance Taxes Industry Data 157

Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. A majority of applicants sought less than $100,000.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

APRIL 9, 2019

Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace in which hackers are selling digital fingerprints has emerged. Operators of the marketplace sell the data to cybercriminals who use it for identity theft, online fraud, and other crimes.

Fraud 235

Fraud Security Operations System 235

PYMNTS

DECEMBER 21, 2020

“It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. cryptocurrency exchange Exmo reported a “major” security breach on Mon. Meanwhile, U.K.

blockchain 206

blockchain Bitcoin Fraud Report 206

PYMNTS

JANUARY 27, 2020

Businesses need employees to build and promote their products, but they cannot afford to have those workers weaken their security, meaning fraud prevention must be among firms’ top priorities. Ensuring Secure Workplace Practices. Fighting the Phishers. Two-factor authentication (2FA) or encrypting sensitive data can also help.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

JUNE 26, 2020

The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been based on in-person meetings and tours between property owners or real estate agents and would-be renters or homebuyers. That model may be ripe for change in the age of social distancing.

Operations 278

Operations Tools Security Management 278