PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. Additionally, other companies are still working to change their platforms to comply with General Data Protection Regulation (GDPR) as that regulation continues to sweep across Europe. About the Tracker.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JANUARY 30, 2019

They face the challenge of offering customers a smooth onboarding process while also remaining rigorous in know your customer (KYC) efforts, taking care to remain compliant with local anti-money laundering (AML) regulations that aim to keep criminals from using legitimate operations to move money illegally. In the U.K.,

How To 170

How To blockchain Compliance Regional 170

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

PYMNTS

APRIL 16, 2019

With McMillon on his trip to India were Executive Vice President for Corporate Affairs Dan Bartlett and Executive Vice President and Regional CEO, Asia Dirk Van den Berghe. McMillon made his remarks at a town hall meeting with employees, the report said. They met with Walmart leadership executives in the area.

Marketing 156

Marketing Leadership Meeting Regulation 156

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. We believe that community banks should choose a path that offers the most operational flexibility.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. We believe that community banks should choose a path that offers the most operational flexibility.

Community Bank 195

Community Bank FDIC Community National 195

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. Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. The regional bank also noted growing interest among smaller FIs to embrace the bank-FinTech collaboration trend.

Lending 194

Lending Risk Management Fintech Community 194

Abrigo

JUNE 14, 2021

Common root causes include: Lack of a formal OFAC SCP Misinterpretation or failure to understand OFAC regulations Facilitating transactions by non-U.S. BSA Rules and Regulation. BSA Rules and Regulation. Being proactive and thorough with your SCP will help ensure your institution does not fall into unknown weaknesses.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

MAY 25, 2018

So it is perhaps with a bit of irony that the eCommerce behemoth known as Amazon , via its Web Services division (AWS), has positioned itself as offering a way for local and regional financial services providers to craft new products, enter new markets and meet the regulatory requirements necessary for worldwide competition.

Regional 109

Regional Regulation Meeting Security 109

Cisco

DECEMBER 1, 2020

This year, Cisco took it a step further, building out not only the main Security Outcomes Study, but also creating regional reports and two industry-specific analyses – Financial Services being one of the chosen verticals. The goal is to lower cyber operational risk while increasing the business flexibility of the institution.

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Study Security Maine Regional 73

FICO

NOVEMBER 11, 2020

René is a banking and regulation professional with a decade of experience and a special interest in risk modeling, measurement and management. Ignazio Provinzano, Head of Risk Operations at Swisscard (previous winner). In 2018, he was recognized as an “Analytics Visionary” by Consumer Goods Technology.

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Meeting Analytics Big Data Management 52

Bobsguide

JUNE 10, 2022

The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.

Regulation 88

Regulation Resources Study Compliance 88

PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

Fintech 148

Fintech St. Louis System Regulation 148

PYMNTS

DECEMBER 22, 2016

Since the Walgreens/Rite Aid merger is on track to create the largest drugstore operation in the U.S. with 46 percent market share, the companies are under increased pressure from antitrust regulators. In order to meet regulatory requirements for a pending $9.4 In order to meet regulatory requirements for a pending $9.4

Data 100

Data Meeting Regional Retail 100

PYMNTS

MAY 8, 2020

Most digital-only gambling companies are cognizant of customer expectations, and online casinos typically offer a range of digital disbursement options so players can select the option that best meets their specific needs. This year was expected to be lucrative for online sports betting as it is the first since those regulations were created.

Online 176

Online Industry New Jersey Pennsylvania 176

Abrigo

FEBRUARY 23, 2023

The local decision-making and strong relationships with customers that are hallmarks of small community banks provide leaders with fresh chances to positively affect their towns, cities, and regions while growing a healthy institution. Abrigo’s Loan Origination Software can help you streamline origination and ongoing customer management.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

FEBRUARY 22, 2019

New financial regulations have set the stage for more of these institutions to emerge, further challenging traditional banks’ roles in the financial services market. Challenger banks must gain the appropriate licenses to legally operate as financial institutions (FIs), which is a challenge of its own. Several of the U.K.’s

Regulation 116

Regulation Meeting Regional America 116

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Despite direct exposure to the region, they remain unaware of the GDPR requirements. Japan Eyes Cryptos, Yet Again.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Automating that compliance is now a “need to have.”. However, in some ways, we are in uncharted territory.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

PYMNTS

JULY 18, 2019

The regulation is also altering banks’ end customer interactions as new players make their way to the financial stage. ING is keeping this platform approach in mind as it adapts its API developer portal to meet current regulations. This will be particularly important as these changes continue to spread, including in regions.

Innovation 164

Innovation Data Regulation Fintech 164

BankBazaar

APRIL 19, 2023

The US regional banks were under pressure as concern grew among customers and investors about the financial health of the banks in the country. A bank run can quickly lead to a bank’s insolvency if it does not have enough cash on hand to meet the demand for withdrawals. What have the regulators done?

US 78

US United States FDIC Regulation 78

PYMNTS

SEPTEMBER 7, 2018

In addition, the official noted that the region has “seen cases recently where AML issues have compromised the functioning and even the viability of some banks, so it is very important here to move forward.”. Monitoring money-laundering, however, is usually handled at the national level.

Regional 109

Regional Compliance Regulation Meeting 109

PYMNTS

JULY 27, 2020

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment capabilities to WhatsApp in Brazil. We’re still building that up.

Mobile 153

Mobile America Regulation Regional 153

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. The regulation requires companies to provide more transparency over how consumer data is used. For instance, the right to erasure could prove especially problematic.

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

JUNE 29, 2020

Analysis of more than 1,400 companies in the region found a whopping 40 percent increase in the portion of businesses that are being paid late, compared to 2019 research. But according to the firm, some clients may not meet that 90-day deadline. The United Arab Emirates saw the largest increase in overdue invoices, the report revealed.

Payments 256

Payments Analysis Capital Strategy 256

PYMNTS

JULY 8, 2019

is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments, while FinTechs and banks weigh in on the matter with their own efforts to tackle the issue. Others, however, argue that regulators should take the lead in alleviating the pain of late payments.

Payments 124

Payments Report Regulation Meeting 124

PYMNTS

OCTOBER 8, 2019

Furthermore, according to the latest edition of PYMNTS’ PSD2 Tracker , only 40 percent of merchants operating in the European Union that are aware of SCA reported being ready as of that date. Many regulators, added Bayliss, have not yet come forward with a timeline or migration plan. The Big Change That Needs To Happen .

Compliance 156

Compliance Security Industry Regulation 156

PYMNTS

AUGUST 14, 2019

Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. Around the Smarter Payments World.

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

MAY 29, 2018

companies has said millions of dollars will have to be spent in the region in order to get local data centers up and running. Mastercard said it would work with the central bank to “to understand their need for access to domestic data and work towards a solution that meets the regulatory requirements.” That trio of U.S.

Data 101

Data United States Compliance Cards 101

Abrigo

APRIL 21, 2023

Understanding the topic and current industry trends can help institutions meet regulatory requirements for credit risk review systems consistent with safe and sound lending practices. So what exactly is continuous monitoring within the credit risk review function? It speeds things up,” Kirby said.

Lending 195

Lending Risk Management Software System 195

FICO

MARCH 18, 2021

All businesses are obliged to re-evaluate key assumptions underpinning their existing impairment analysis and ensure they continue to incorporate data into IFRS 9 models in a rational, reliable, reasonable manner that meets the expectations of ever-vigilant regulators. It’s crucial to keep pace. .

Management 52

Management Analysis Meeting Regulation 52

South State Correspondent

AUGUST 21, 2022

Meet Competitive Pressures: National and larger regional banks are specifically targeting better borrowers for seven, ten, or 20-year fixed-rate loans. We believe that community banks should choose a path that offers the most operational flexibility.

How To 195

How To Community Bank Community FDIC 195

FICO

JUNE 12, 2020

In comparison to others in the Asia Pacific region, regulation has evolved due to last year’s Royal Commission, updates to the privacy act as well as changes enacted by global bodies such as the FATF (Financial Action Task Force). Like other advanced financial sectors, Australia has a complex and evolving regulatory environment.

Fraud 52

Fraud Compliance Regional System 52

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . And it seems they are track to actually meeting that goal: The firm has been in talks with SoftBank Group for a new round of funding that could actually get them there.

blockchain 147

blockchain Payments Regional America 147

Cisco

MAY 10, 2022

A modern digital infrastructure is needed to power this operational transformation milestone, however, managing the complexity of the IT estate requires a new approach and new solutions. We use a follow the sun approach, click here to find out more info for your respective region and what a digital only pass entails. Stayed Connected.

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Las Vegas Industry Leadership Technology 129

PYMNTS

JULY 2, 2020

Mastercard and Eedenbull are broadening their existing partnership into the Asia Pacific region in a move that sees Mastercard supporting EedenBull’s commercial card platform offered to banks. ” Mastercard, EedenBull Expand Into APAC. Global Cash Card’s Legal Saga Ends. ScaleFactor’s Card Offering Nixed.

Cards 208

Cards New York Capital Compliance 208