PYMNTS

JULY 26, 2019

Banking technology firm Nucleus Software is rolling out a new solution to address this issue for financial institutions. As payments accelerate, the window of opportunity for financial service providers to identify and shut down a fraudulent transaction narrows. Singh in a statement.

Software 100

Software Fraud Payments Regulation 100

Abrigo

JANUARY 17, 2024

Understanding local markets and the individuals your bank serves is key to knowing your customers and ultimately being able to tell when something isn’t right. “Tellers are frontline workers in the movement to end human trafficking,” said Bellino.

Training 261

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PYMNTS

SEPTEMBER 11, 2019

percent: Projected CAGR of the global AML software market as measured from 2019 to 2026. 770,000: USD equivalent that Soneri Bank Limited was ordered to pay by the State Bank of Pakistan for violating AML, KYC and other regulations. 10,000: Number of KYC images from crypto exchange Binance allegedly accessed by a cybercriminal.

Security 192

Security Compliance Data Software 192

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

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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. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic.

Compliance 225

Compliance Regulation Guidelines Security 225

Abrigo

FEBRUARY 9, 2024

real estate market alone. residential real estate market to launder and hide the proceeds of serious crimes with anonymity, while law-abiding Americans bear the cost of inflated housing prices,” said FinCEN Director Andrea Gacki of the N PRM. WATCH NOW Takeaway 1 Real estate money laundering is a serious issue , with a n estimated $2.3

Training 195

Training Fraud Trends Report 195

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Many victims are lonely or isolated and don’t understand cryptocurrency markets. Would you like other articles like this in your inbox?

Fraud 195

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Cisco

JULY 12, 2022

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. A number of our financial institution customers are regulated by multiple, and different, regulatory bodies. Hardware and Software Lifecycles. In the U.S.

Regulation 71

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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. At Abrigo, we understand that making an investment in software is a serious decision that can take ample resources. We’re here to let you know that investing in our software is a joint investment. learn more.

Software 195

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PYMNTS

DECEMBER 4, 2020

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Although the antitrust regulator didn’t mention Apple by name, it said in a press release on Friday (Dec.

Apple 159

Apple Payments Software Regulation 159

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. These worries regarding connected vehicles are, in a broader sense, tied into larger security issues involving the Internet of Things (IoT) — to which all those cars and trucks will connect.

Security 119

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PYMNTS

DECEMBER 17, 2020

In a press release, the companies said that their integrated products would comply with the latest regulations. These include: PSD2, a European regulation for electronic payment services, along with 3DS2, a multi-factor authentication setup used to confirm digital identity during eCommerce checkout.

Fraud 174

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PYMNTS

AUGUST 14, 2020

The Privacy Collective , a London nonprofit whose mission is to protect privacy, has filed suit with the District Court of Amsterdam, accusing the software companies of breaching the European Union’s General Data Protection Regulation (GDPR) in their processing and sharing of people’s information by third-party tracking cookies.

San Francisco 195

San Francisco Software Data California 195

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

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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. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. Growth Street.

Marketing 109

Marketing Capital San Francisco Management 109

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.

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PYMNTS

DECEMBER 29, 2016

In the accounting industry, businesses already trust providers of Software-as-a-Service (SaaS) with their most valuable asset: data,” he said. “It They include the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under Anti-Money Laundering regulations.

Security 181

Security Fintech Boston Fraud 181

Abrigo

MARCH 8, 2024

Tightening security Preventing pig butchering schemes So, how do we, as financial institutions and concerned citizens, stop clients, businesses, friends, and family from becoming a victim? Educate yourself about imposter scams and the methods used to gain your information. Understand that scammers are professionals.

Fraud 195

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PYMNTS

OCTOBER 12, 2016

That money will be awarded through two categories: software and hardware startups. The basis for blockchain technology is something that works well in practice, but not in theory,” said Luther Martin at HPE Security-Data Security. Regulators sure are looking at blockchain carefully, more so now.

blockchain 100

blockchain Regulation Industry Security 100

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 3 NBFIs should review common deficiencies in AML programs that regulators are citing and fix issues before their next audit or exam.

Regulation 195

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PYMNTS

OCTOBER 11, 2018

With data considered under ownership of the customers and not the bank, financial institutions are exposing themselves to market competition, security risks and other threats in the name of enhanced customer service and choice. One of the biggest challenges is the number of financial regulators in the U.S. In Europe and the U.K.,

US 190

US Regulation Data Security 190

PYMNTS

OCTOBER 1, 2020

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Merchants, their payment providers and their regulators must keep up,” per the new Guide.

Regional 130

Regional Regulation social media Security 130

PYMNTS

OCTOBER 20, 2016

3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 On Wednesday, November 2nd at 1:00 PM (EST) join ecommerce advisors James Rendell, CA Technologies ; Paul Baker, Mastercard ; and Karen Webster, Market Platform Dynamics for a live digital discussion surrounding 3D Secure 2.0.

Security 100

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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

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PYMNTS

FEBRUARY 15, 2017

Aiming to beef up security in connected and driverless cars , a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are connected and eventually driverless.

Study 120

Study Security CA National 120

Bobsguide

APRIL 7, 2022

London (5 April 2022): TS Imagine , the leader in trading, portfolio and risk management solutions for capital markets, today announces that it has successfully integrated with crypto platform Gemini. Gemini’s simple, reliable, and secure products are built to unlock the next era of financial, creative & personal freedom.

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PYMNTS

OCTOBER 11, 2020

The announcement further states: “As part of the acquisition, Paynetics will provide its new customers with a fast, secure and seamless transition, together with a strategic product roadmap for the future development of these programs, which until now faced the prospect of termination.”. and European markets.”.

Operations 264

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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. ”

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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

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. Boni added that the solution was integrated in SIA's infrastructures and will launch quickly to “ensure PSD2 compliance.” .

Payments 165

Payments Compliance Fraud User Experience 165

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. Does the loan administration software or system enable the financial institution to analyze that information/data and detect existing and emerging loan problems? Sound loan administration detects emerging problems.

System 195

System Lending Software Risk Management 195

Bobsguide

JUNE 25, 2022

New York, 23 June 2022: TS Imagine , a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies. About TS Imagine.

cryptocurrency 88

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Abrigo

MARCH 7, 2022

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 1 Regulators have increased their focus on BSA in the first quarter of 2022, and the crisis in Ukraine will put OFAC in the spotlight.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. I believe there are opportunities out there.

Risk Management 222

Risk Management Management Lending Capital 222

PYMNTS

JULY 5, 2018

Partnerships end up a win-win: Banks remain competitive with leading-edge services while FinTech companies score market reach and the solid reputations of their bank partners. Maintaining compliance and security , though, must be at the top of the priority list, according to Stemmle and Kull.

Compliance 109

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PYMNTS

JANUARY 19, 2018

Fizzle of the Week: Cryptocurrency Regulation. The saga over bitcoin and its relationship to various regulators has become something of the payments answer to a romantic comedy. If crypto closes down in one place, users can take their anonymous accounts to more regulatory-friendly markets. Easy come, easy crypt-go, it seems.

Bitcoin 123

Bitcoin Regulation cryptocurrency Taxes 123

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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