PYMNTS

AUGUST 6, 2020

These payment options consist of cloud-based software systems that connect international payment protocols via application programming interfaces (APIs), with revenues typically coming from subscription fees or per-transaction surcharges. The payments-as-a-service (PaaS) industry is projected to reach $16.7

Regulation 245

Regulation Payments Innovation Fintech 245

Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements. Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

Bobsguide

MAY 12, 2022

2022 — Murex , the global leader in trading, risk management and processing solutions for capital markets, has?won?the the Software Solution of the Year?category 3 was voted Software Solution of the Year due to the strong support received from clients and industry peers worldwide. Murex’s MX.3 Over 57,000 users?in rely on MX.3

Software 78

Software Innovation Risk Management Capital 78

PYMNTS

DECEMBER 31, 2019

According to The Hollywood Reporter (THR), all computers and mobile devices sold in Russia are required to have preinstalled Russian software effective July 1. “The initiative is potentially harmful to the market. Big Tech companies as additional laws are being prepped to restrict content. Apple is among the many U.S.

Regulation 139

Regulation Apple US Software 139

Abrigo

FEBRUARY 6, 2024

It also recommends including projections related to loan pricing, operating expenses, and delinquency. In developing an appropriate strategy , credit unions should analyze the various plausible approaches they may take given their personnel, operational, and financial resources.

Lending 222

Lending How To Risk Management Policies 222

Cisco

JULY 12, 2022

Regulatory requirements are a key operational concern that we hear about from our financial customers. This leads to many generations of installed technology sets with diverse hardware and software systems, all that need to be tracked and managed, secured, and audited. Hardware and Software Lifecycles. In the U.S.

Regulation 71

Regulation FDIC System Software 71

Abrigo

FEBRUARY 9, 2023

This helps banks and credit unions operate an effective risk assessment and refrain from violating sanctions. As OFAC penalties have demonstrated, PEP list scanning cannot be 100% failproof, but regulators still expect banks’ best efforts.

Fraud 195

Fraud Training Software Compliance 195

PYMNTS

SEPTEMBER 12, 2019

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. A 2019 study underscored this point, discovering that even though the AML software market is slated to grow 15.25 The drivers of AML initiatives in the U.S.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

DECEMBER 16, 2020

New draft rules tied to the Digital Services Act and Digital Markets Act (collected under the Digital Services Act Package ) would broaden European Union regulators’ power to rein in Big Tech. Yes, draft regulations can be changed. tech giants contend that the potential regulations would be onerous. tech giants.

Regulation 270

Regulation Compliance Online Software 270

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead.

Training 195

Training Risk Management Analysis Policies 195

Perficient

JANUARY 7, 2021

They had to change the way they operate with new social distancing guidelines. The government has regulations for greenhouse gas emissions, and companies have carbon-neutral goals. I remember seeing shoppers wearing gloves and masks as they entered establishments. No one knew what to make of it.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

OCTOBER 11, 2020

Paynetics is a regulated e-money institution, licensed across the European Union and a principal member of Mastercard, Visa, SWIFT, and SEPA,” the FinTech states in the announcement. He previously was chief operating officer at Omnio Group and President of BancTec EMEA, according to Paynetics. and European markets.”.

Operations 264

Operations Cards Software Technology 264

CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

National 103

National Regulation Innovation Technology 103

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. Traditional monolithic software can limit the ability to apply even simple updates in a short time.

Compliance 225

Compliance Regulation Guidelines Security 225

Abrigo

JUNE 23, 2020

Key Takeaways The Abrigo Assurance Plan was created to make sure your BSA/AML software is running at its most efficient. As most operations have shifted to a digital-first world due to the coronavirus pandemic, institutions have had to adjust and adapt new technologies to stay competitive and thrive during these times. learn more.

Software 195

Software Community Resources Fraud 195

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Launching Into New Markets. That’s the end game for many of the banks: the time to market.

Management 303

Management User Experience Innovation Fintech 303

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation.

Management 195

Management Lending Risk Management Strategy 195

PYMNTS

AUGUST 9, 2018

10), but will now have the additional time to continue to shape rules pertaining to the internet as the market in India takes off. The regulatory head also convinced Apple to allow spam detection on its iOS mobile operating software for the iPhone. According to Reuters , his assignment was slated to end Friday (Aug.

Regulation 100

Regulation social media Apple Mobile 100

PYMNTS

NOVEMBER 16, 2020

An initial probe determined that a software defect in a specific device was what caused the incident, the release stated. The independent investigation will look into the other incidents affecting TARGET Services in 2020, including anything that directly or indirectly affected TARGET2 Securities, which is operated by the Eurosystem.

System 217

System Payments Operations Software 217

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. Akber Jaffer, EVP, Treasury and Capital Markets Business Unit at Finastra said, “As the deadline for UMR approaches, the need for new and complex calculation methods for initial margin calculation is more important than ever.

Compliance 60

Compliance Management Regulation Software 60

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. The debt funding marks the largest provided to an Indian startup in about two years, reports in VCCircle said. Growth Street.

Marketing 109

Marketing Capital San Francisco Management 109

Abrigo

SEPTEMBER 7, 2023

Often, those alerts mostly likely are routed to the operations area of the financial institution. The operations area should communicate with the BSA/AML area if this function is failing. Review the scenario parameters and default settings of the rules-based monitoring AML software system. ACH warnings/exceptions matter.

Fraud 222

Fraud Training System Trends 222

PYMNTS

SEPTEMBER 28, 2020

s license to operate on Monday (Sept. 28), ending a 10-month fight between the ride-hailing company and regulators, The Wall Street Journal reported. But TfL said they wanted assurance there weren’t other software issues. A London judge reinstated Uber Technologies Inc. 's Uber said at the time it had fixed the problem.

Regulation 150

Regulation Groups Data Operations 150

PYMNTS

AUGUST 3, 2018

These legislative initiatives are why Latin America, a market not necessarily known for its FinTech innovation, has one of the strongest penetrations of eInvoicing in the world. The fact that there are no regulations that require them to do so means it pushes eInvoicing lower on the to-do list,” King told PYMNTS in a recent interview.

Regulation 101

Regulation Data America Payments 101

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

Marketing 198

Marketing Company Online Management 198

Abrigo

JULY 13, 2023

Many victims are lonely or isolated and don’t understand cryptocurrency markets. A good first defense is investing in fraud detecting software that detects specific fraud in their clients' accounts, such as account takeover, ACH, new account, kiting, debit card, and check card fraud, along with following cybercrime security tips from the FBI.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

OCTOBER 12, 2016

That money will be awarded through two categories: software and hardware startups. The crux of many concerns relate to regulations that are still to be determined, and it may take awhile before they are truly established. Regulators sure are looking at blockchain carefully, more so now.

blockchain 100

blockchain Regulation Industry Security 100

PYMNTS

NOVEMBER 16, 2020

According to the press release, LIKEZERO will help to boost a new, more intelligent level of insight, helping banks, financial institutions (FIs) and other regulated businesses to analyze and extract insight and data from clients' clients.

Data 169

Data Regulation Risk Management Training 169

PYMNTS

JUNE 4, 2018

When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign but important request,” which was finding a way to switch from pre-printed check stock to blank check stock. That adds up.

Software 101

Software Payments Data System 101

PYMNTS

DECEMBER 19, 2018

The bond market, on the other hand, isn’t the most likely of places for an entrepreneur to seek financing. Typically seen as a low-risk, low-rewards instrument reserved for middle-market and large enterprises, corporate bonds offer the opportunity for businesses to remain private while raising money and diversifying debt.

Marketing 134

Marketing Capital Security Trends 134

Bobsguide

MARCH 21, 2022

Software Solution of the Year: CompatibL Risk Platform. CompatibL is proud to have been nominated in the following categories in this year’s FTF News Technology Innovation Awards: 5.Best Best Cloud-Native Computing Initiative: CompatibL Cloud Platform. Best Digital Transformation Solutions Provider: CompatibL. Voting will close on April 22.

Innovation 147

Innovation Technology Risk Management Analytics 147

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better. ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

MAY 21, 2019

IBM has bid $34 billion for the software company Red Hat , but the deal is subject to approval by EU antitrust regulators, according to a report by Reuters. The deal, which would be IBM’s biggest, is intended to help the company expand its footprint into subscription-based software. Cooper Group. billion, down 7 percent.

Software 131

Software Regional blockchain System 131

PYMNTS

JANUARY 22, 2021

The news comes as new draft regulations connected to the Digital Markets Act and the Digital Services Act would widen EU regulators’ power to reign in Big Tech. The DMA would make Big Tech “gatekeepers” let third-party software work with their platforms and offerings. “The

Regulation 150

Regulation Online Software Data 150

CB Insights

NOVEMBER 11, 2022

Turbulent market conditions have rattled capital markets tech funding, which fell 84% YoY in Q3’22. . These technologies enable capital markets firms not only to adapt to market volatility, but also to pursue new growth opportunities. ESG reporting requirements. Trade analytics and execution.

Capital 66

Capital Trends Marketing Analytics 66

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release. “We are excited to announce our collaboration with Oracle today.

Compliance 164

Compliance Software Risk Management Management 164