PYMNTS

MAY 29, 2017

but experts are beginning to question how it will impact regulation. Reports in Reuters on Friday (May 26) explored how industry players are examining the future of financial regulation as FinTech continues its disruption. FinTech has no doubt changed the face of the financial services industry in the U.S.,

Regulation 133

Regulation Fintech Conference Innovation 133

PYMNTS

JULY 22, 2019

But, Atassi said, Latin America is also a challenging region to take on as a whole because nation-by-nation and vertical-by-vertical, the situation on the ground can vary quite widely in terms of infrastructure, consumer interest and regulatory prerogatives. Meeting A Dynamic Market . Opportunity, he noted, abounds.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. The agency regulates, supervises and charters national banks and is an independent bureau within the Treasury.

Lending 100

Lending Regulation Conference Study 100

PYMNTS

MAY 23, 2017

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. I travel three weeks out of four to meet our stakeholders in the markets they are in — customers, agents, regulators and employees. Sometimes this can even happen in nations that have had stability for decades.

Innovation 190

Innovation Payments Compliance Risk Management 190

PYMNTS

SEPTEMBER 24, 2019

The bumpy road cryptos face under scrutiny from regulators (we’re looking at you, Libra ) was a springboard into a larger discussion between Zac Cohen, general manager at Trulioo , and Karen Webster on the challenges FIs and others face when deploying new technologies. Complications arise when financial activity is so far-flung, he added.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

FEBRUARY 20, 2020

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other forms of digital money, Reuters reported on Wednesday (Feb. He sent the letter ahead of the 2020 IIF G20 Conference happening in Riyadh, Saudi Arabia this weekend, Feb.

cryptocurrency 194

cryptocurrency Meeting Conference Innovation 194

PYMNTS

OCTOBER 16, 2018

So, it is in far-flung corners of the globe where, in recent days, regulators and cross-border efforts have promoted a bit of cross-pollination between tech-savvy upstarts and more entrenched players in the financial arena. At times, that collaboration even moves with a bit of regulatory underpinning.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

Abrigo

JANUARY 30, 2024

This year’s conference will feature industry experts, financial institution peers, BSA/AML professionals, CPAs, law enforcement, auditors, and regulators selected especially for their expertise and timely knowledge. Network with bankers, auditors, and regulators Networking has always been table stakes to ThinkBIG conference attendees.

Conference 195

Conference Arizona Phoenix Fraud 195

PYMNTS

FEBRUARY 15, 2018

He said that in his own state of Washington, state regulators have been looking at those issues for some time to determine the possibility of some sort of reciprocity or sharing of information. “It The pilot being run with those initial seven states will provide some answers for how state regulators can streamline the process.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

NOVEMBER 27, 2019

The National Standardization Group for Facial Recognition Technology was launched last week by Hong Kong-based SenseTime and 27 other tech companies. Its goals include developing standards for safety and accuracy, as well as supervising the fast development of the technology.

Regulation 130

Regulation National Security Technology 130

Abrigo

JANUARY 25, 2021

Takeaway 3 Network with other bankers, auditors, regulators, and Abrigo experts. Abrigo’s annual conferences have brought together industry experts, financial institution peers, BSA/AML professionals, CPAs, auditors, and regulators for nearly two decades. Reasons to attend. Why ThinkBIG 2021?

San Antonio 195

San Antonio Conference Lending Texas 195

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

Community Bank 239

Community Bank Community Industry Texas 239

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? There are significant changes coming in Europe, which highlight getting a handle on responsible AI use, with the banking and financial services sector among those that will be most impacted by increasing regulation.

Regulation 52

Regulation America Compliance Fraud 52

Chris Skinner

JUNE 8, 2017

I recently hosted Nick Ogden, the founder of WorldPay and serial entrepreneur, at our Nordic Finance Innovation meetings in Stockholm and Oslo. I’d heard a few rumblings about ClearBank, but hadn’t really go the message until I saw him present the overview at our Nordic meetings.

Branding 206

Branding Meeting System Regulation 206

PYMNTS

NOVEMBER 10, 2020

Traditional financial institutions (FIs) may offer only money transfers made via expensive correspondent banking networks, and some customers may require assistance from several financial services providers to meet their needs. Consumers who move to the U.S.

Report 216

Report Fintech United States Meeting 216

PYMNTS

JULY 20, 2017

The OCC has been critiqued pretty heavily by state regulators since the proposal first surfaced a year ago. The acting head of the OCC also noted they have begun meeting with FinTech players seeking a national charter. The OCC announced it was exploring granting special-purpose charters to FinTech companies in December.

Online 100

Online Regulation United States National 100

PYMNTS

OCTOBER 11, 2019

Financial institutions (FIs) worldwide are innovating their AML strategies to protect against similar events, but the process requires more than simply adding security to their online platforms. AML Strategies and Innovation Quirks. Such profiles ensure FIs comply with current regulations and AML standards.

Strategy 123

Strategy Innovation Security Fraud 123

PYMNTS

APRIL 12, 2019

The stakes are too high to turn away from at least the prospect of such relationships, not with the fierce pace of innovation punishing anyone who lags behind, and regulatory measures such as PSD2 aiming to make the world safer for FinTech-FI collaborations. And Commonwealth has been one of the innovation leaders.”.

Fintech 168

Fintech Innovation Mobile Payments 168

Abrigo

APRIL 30, 2020

Key Takeaways Federal and state banking regulators have eased coronavirus workout pressures. There are several criteria a borrower must meet in order for a loan modification to be eligible. 1, 2020, and the earlier of 60 days after the termination of the National Emergency, or Dec. 31, 2019; and It must be executed between Mar.

Strategy 195

Strategy Meeting Software National 195

PYMNTS

AUGUST 3, 2018

Department of the Treasury report on how to encourage more FinTech, payments executives were mulling over the report, wondering if it would lead to any concrete improvements and giving their ideas to PYMNTS about how to best improve payments innovation and entrepreneurship. FinTech Improvements. Additionally, the report calls upon the U.S.

Fintech 115

Fintech United States Regulation Innovation 115

PYMNTS

SEPTEMBER 20, 2018

The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC). Asia is a particularly strong area of blockchain innovation, according to PwC, which predicted in its report that China will outpace the U.S.

blockchain 188

blockchain Innovation Tools Survey 188

PYMNTS

JUNE 20, 2019

Facebook, I believe, has made quite broad rounds around the world with regulators, supervisors and lots of people to discuss their plans and that certainly includes us,” Powell said on Wednesday (June 19), according to CNBC. Powell added that the Fed meets “with a broad range of financial sector firms all the time on financial technology.”.

cryptocurrency 108

cryptocurrency CA social media Regulation 108

Abrigo

NOVEMBER 17, 2023

As overseers tighten the leash with stringent regulations aimed at protecting consumers, the cost of compliance grows. Failure to meet these standards can result in regulatory sanctions, fines, and a mandate for expensive corrective measures. financial s ystem. Find out how BAM+ stops fraud scams.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

NOVEMBER 25, 2019

PYMNTS’ Credit Union Innovation Index found that 65 percent of such members chose their CUs because they trusted them, for example, with 60.8 Another CU issue currently awaiting federal regulation is legalized marijuana. percent saying they would not leave their CUs for different FIs. CUs are of particular interest to the U.S.

Alaska 154

Alaska Hawaii California Analytics 154

PYMNTS

SEPTEMBER 17, 2020

In notes on its most recent (August) meeting of the bank’s Payments System Board, the members said that “at present there is not a strong public-policy case for issuance in Australia, given that the electronic payments system in Australia compares very favorably with those in many other countries and access to cash remains good.”.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

DECEMBER 9, 2019

It’s a national imperative,” said Hundt, leader of the agency from 1993 to 1997, on “ Squawk on the Street.” The regulators felt that the merger could adversely impact wireless competition, and ultimately harm consumers. If Dish fails to meet that deadline, it will pay the U.S. He added that there are two ways the U.S.

US 130

US Mobile Regulation Meeting 130

PYMNTS

DECEMBER 18, 2018

culture, in that sweet spot where “low” and “high” art meet. As well, the form has a long history of transmitting national values and providing cultural, political and even economic education — one need only dig deep into the comic scene during World War II to understand that. One reason?

Compliance 152

Compliance Fraud Security Course 152

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Most of these commonly used methods don’t meet many of the criteria set forth in the Simplifying Cross-Border Payments Playbook.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MARCH 29, 2017

Once again, the lack of oversight, regulation and the potential for fraud in the broader bitcoin space worked against the proposed ETF. While the news isn’t exactly unexpected, the SEC’s calls for regulation and oversight are additionally sobering given other developments brewing in the bitcoin ecosystem.

Bitcoin 100

Bitcoin Regulation Security Fraud 100

PYMNTS

MAY 12, 2019

Created by Silicon Valley entrepreneur Eric Ries, LTSE will be a national securities exchange using a different approach to governance and voting rights, with the goal of taking away the short-term pressures on public companies. Securities and Exchange Commission ( SEC ) has approved the creation of the Long-Term Stock Exchange ( LTSE ).

Company 134

Company Innovation Security Meeting 134

BankUnderground

NOVEMBER 2, 2022

An operational disruption at one of these unregulated tech firms could have implications for a large number of regulated firms that depend on their services. Innovation in payments and the process for clearing and settling transactions potentially offers benefits but could also raise new questions around resilience and operational risk.

Operations 124

Operations Policies System Regulation 124

PYMNTS

JUNE 10, 2020

Notarization has historically required in-person meetings and the collection and submission of a number of physical documents. Cottrell Title & Escrow has observed the ways in which the COVID-19 pandemic has impacted interest in RON services and the adoption of laws regulating how they are used.

Online 131

Online Florida Meeting Regulation 131

PYMNTS

NOVEMBER 17, 2020

Like the NBA, the National Hockey League is also attempting to find a way to resume pre-season play in mid-December, and is contemplating plans that could see the return of games to home arenas or hold them in select cities that have the fewest COVID cases. 16), Atlanta Journal-Constitution reporter Sarah Spencer posted on her Twitter feed.

Atlanta 130

Atlanta Cleveland Detroit Tennessee 130

Insights on Business

JULY 11, 2018

Technological innovation is a reality that is impacting every facet of society. The estimated global cost of compliance is $320bn and the penalties for not meeting regulatory obligations continues to skyrocket impacting share value and the banking sectors bottom line.

Technology 185

Technology Innovation Operations Compliance 185

PYMNTS

DECEMBER 6, 2017

And, much to the relief of corporates, the continuing focus on B2B payments innovation. We are definitely seeing more innovation in the cross-border B2B space in the last two years than we have ever before,” he recently told PYMNTS. “We The evolution of blockchain-based services. Collaboration between FinTechs and banks.

Payments 183

Payments blockchain Innovation Fintech 183

PYMNTS

JANUARY 10, 2020

Such systems promote increased collaboration between creators, which in turn leads to faster innovations as well as original and unique solutions. A vendor-neutral platform encourages competition from developers, allowing digital ID implementers to select the lowest bidders that meet their needs. Open source ID systems in action.

System 147

System Software Resources National 147

PYMNTS

JULY 2, 2018

In a recent webinar with Karen Webster, Epperson explained why it’s time to take a more strategic view of RegTech, asking not only what your organization can do to appease regulators, but how to make RegTech deliver a competitive advantage for the organization, too. Common Concerns. Why RegTech?

Compliance 109

Compliance Regulation Meeting Strategy 109