Perficient

OCTOBER 15, 2024

Lets talk about data governance in banking and financial services, one area I have loved working in and in various areas of it … where data isn’t just data, numbers aren’t just numbers … They’re sacred artifacts that need to be protected, documented, and, of course, regulated within an inch of their lives.

Tools 221

Tools Data Compliance Regulation 221

South State Correspondent

APRIL 1, 2025

Secure Authentication: RCS offers stronger security features compared to SMS, making it a viable option for two-factor authentication and other bank security measures. Security Concerns: Despite its enhanced security features, RCS is still susceptible to cyber threats.

Marketing 195

Marketing Security Analytics User Experience 195

Perficient

MARCH 30, 2023

However, due to their sensitive and regulated natures, some industries – especially the financial services industry – have had more complicated cloud transformation journeys than others. Security Traditionally, information was said to be most secure when separated and segmented.

Data 492

Data Security Training Regional 492

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. Credit Decisions. Cybersecurity.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

FEBRUARY 28, 2025

Phishing scams Phishing scams involve fraudsters impersonating legitimate entitiessuch as banks, government agencies, well-known companies, or business contactsto trick individuals into providing sensitive information like login credentials, Social Security numbers, or financial details.

Fraud 221

Fraud social media Training Community 221

Abrigo

FEBRUARY 6, 2025

The right technology tools can help institutions manage both regulatory compliance and risk exposure across various investment types, including fixed-income securities, structured notes, derivatives , and funding instruments. You might also like this on-demand webinar, "Winning the deposit game."

Compliance 195

Compliance Technology Operations Risk Management 195

South State Correspondent

OCTOBER 24, 2024

The Rule now gives consumers greater control over their financial data and the ability to share it securely with third-party service providers. Banks must ensure that they provide data only to the extent necessary and that proper security measures are in place to safeguard the data.

Data 221

Data Security Fintech Resources 221

Abrigo

MARCH 18, 2025

Payment system types, trends, and fraud risks Understanding how payment systems function, the different types in use, and the associated risks is critical for financial institutions to be able to balance innovation with security. Payment systems are at the heart of modern banking, enabling secure and efficient money transfers.

System 195

System Payments Fraud Regulation 195

Abrigo

FEBRUARY 6, 2025

Federal regulations under the Controlled Substances Act (CSA) still classify marijuana as a Schedule I substance, along with heroin and methamphetamine. CRBs frequently face difficulties securing loans or even maintaining a bank account, leaving them to manage their cash businesses outside of traditional financial institutions.

Lending 195

Lending Compliance Community Software 195

Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

DECEMBER 9, 2020

The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or have already been compromised. And new regulations are taking root or are on the horizon to help protect consumers, their data and how that data might be used.

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Regulation Security Data Course 234

PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. Wirecard Files For Insolvency, Seeks Court Protection.

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New York cryptocurrency Regulation Samsung 248

PYMNTS

NOVEMBER 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to be. Here again, trust is the heart of the matter.

Compliance 198

Compliance Regulation Payments Study 198

Abrigo

MARCH 5, 2025

As financial institutions deal with growing portfolios, evolving regulations, and a shifting workforce, maintaining consistency in credit risk assessment is more difficult than ever. Data security is also a major concern. Addressing bankers worries about utilizing AI-powered tools, Kirby reassures, Yes, its secure.

Risk Management 195

Risk Management Management Tools Compliance 195

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems. There were 85.42

Security 240

Security System Data Fraud 240

PYMNTS

OCTOBER 9, 2020

9) that hackers may have gained information about customers' personal email accounts, Reuters reported. The wire service said a Robinhood statement indicated that the company’s internal systems were not compromised and that they are “actively working with those impacted to secure their accounts.”.

Report 336

Report Security Fraud Tools 336

PYMNTS

MAY 22, 2020

Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources told MoneyControl.com. We have received similar information requests in the past on other transactions we have undertaken.

Regulation 181

Regulation Report Security Operations 181

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security. The Data Privacy Twist .

Regulation 175

Regulation Data Regional Examples 175

Perficient

APRIL 26, 2022

FINRA member participation in TRACE is mandatory and obligates members to submit transaction reports in TRACE-eligible securities to conform with the Rule 6700 Series. Once FINRA receives and executes the TRACE Participant Application Agreement, a TRACE participant may input the trade information in TRACE-eligible securities.

Report 294

Report Compliance Security Regulation 294

PYMNTS

DECEMBER 18, 2020

The new regulations, if adopted after a comment period, would require banks and some other institutions to obtain and report the identities of parties engaging in certain digital transactions, including payments involving what are called "unhosted wallets" – effectively secret bank accounts that hold cryptocurrency.

Bitcoin 354

Bitcoin US Regulation cryptocurrency 354

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. Around The Data Protection World.

Industry 298

Industry Regulation Data Study 298

PYMNTS

NOVEMBER 10, 2020

Nacha has announced that Phixius, which facilitates the trusted exchange of payment information, has officially gone live, according to a press release. The release says Phixius has also officially completed its first information exchange transaction between two parties.

Security 181

Security Fraud Customer Experience blockchain 181

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. Source Code Analysis.

Compliance 332

Compliance Security Software System 332

PYMNTS

AUGUST 18, 2020

The tech company said in the filing that it “proposes to conduct experimental propagation testing in the 6 GHz band to produce technical information relevant to the utility of these frequencies for providing reliable broadband connections.”. Separately, the FCC is at work on helping foster 5G wireless networks throughout the country.

Google 349

Google Video Technology Security 349

Perficient

MARCH 17, 2025

Developing robust APIs will enable seamless integration of financial services into third-party platforms, ensuring security, reliability, and ease of use. Investing in advanced technologies will help identify potential risks and ensure compliance with evolving regulations.

Trends 221

Trends Analytics Compliance Strategy 221

CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. The Amendments, if adopted, would further regulatory trends and impose important new requirements on covered entities. The Amendments contain three significant changes relating to ransomware.

Regulation 147

Regulation Cyber Security New York Trends 147

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. with ease, control and security.”. and the U.S. Similar to the U.K.

Innovation 245

Innovation Regulation Digital Banking Security 245

Perficient

FEBRUARY 23, 2021

Initially addressed through the Liquidity Coverage Ratio test, regulators soon recognized that a single, consolidated report was insufficient to understand a firm’s potential drivers of liquidity depletion. The data collected by the FR 2052a provide detailed information on the liquidity risks within different business lines (e.g.,

Report 309

Report Risk Management Data System 309

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Report 348

Report System Regulation Technology 348

Abrigo

OCTOBER 19, 2023

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. Cybersecurity Awareness Month is now in its 20th year and has a new enduring theme: Secure Our World. Stay up to date with cybersecurity threats.

Online 221

Online Security Resources Training 221

Perficient

FEBRUARY 27, 2025

By ensuring compliance with regulations, banks mitigate risks and maintain trust with customers and regulatory authorities. Ensure these APIs are secure, reliable, and easy to use. This data-driven approach allows banks to make informed decisions and respond swiftly to changes in the banking landscape.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Perficient

DECEMBER 14, 2020

Cloud Computing will be Increasingly Regulated. Due to high-profile security breaches and a growing number of products and services procured by businesses and governmental entities that utilize the cloud, it is anticipated that new regulations will restrict how and where companies can store data in the cloud.

Technology 348

Technology Trends Software Resources 348

Perficient

JUNE 16, 2020

With the number of tech-savvy patients increasing, it is becoming a requirement to provide easy accessibility while maintaining top security. Google technologies allow you to focus on patient care by seamlessly and securely guiding patients through the process of relevant information gathering and connecting virtually.

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Google Colorado Data Compliance 322

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

NOVEMBER 3, 2020

The firm said it discovered the breach after an internal audit and that it has reported the breach to Swedish regulators. There’s no indication that “the information has been used by third parties in any improper manner,” noted Folksam, which has asked the companies to delete the information from their systems.

Groups 255

Groups Data Report America 255

Abrigo

JANUARY 31, 2025

Loose government regulation : The lack of regulation in the crypto space can create opportunities for fraudulent schemes. Although the regulatory agencies have pushed for enhanced regulation , it is unlikely that the incoming administration will call for oversight anytime soon. Global targeting: The U.S.

Fraud 195

Fraud social media cryptocurrency Software 195

PYMNTS

JULY 10, 2020

Regulation Vs. Market Forces. The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,” Cohen said. Protecting Consumer Data.

Data 272

Data Innovation Fintech Illinois 272