PYMNTS

NOVEMBER 25, 2019

The same document noted that European nations should “consider the need to diversify suppliers in order to avoid or limit the creation of a major dependency on a single supplier.” doesn’t have a comprehensive strategy for 5G security per one of five Federal Communications Commission (FCC) commissioners, Jessica Rosenworcel.

United States 159

United States Security Meeting National 159

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NOVEMBER 3, 2020

national security.”. "On 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. Critics have charged that the company’s main purpose is to sue big companies for infringing on patents that it owns.

Apple 226

Apple Nevada Texas Maine 226

Abrigo

JULY 9, 2024

Takeaway 2 Financial institutions will need to incorporate FinCEN's national AML/CFT priorities into their risk assessments and compliance programs. Intermediaries refer to the variety of financial relationships beyond customers and counterparties that allow activities by, at, or through the institution.

Compliance 221

Compliance Fraud Regulation National 221

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Office of the Comptroller of the Currency (OCC). Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

AUGUST 10, 2017

The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? That old password you have? The one referencing your favorite Journey song?

Security 134

Security Guidelines Data National 134

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

Abrigo

MAY 30, 2024

This demographic shift, particularly in the developing world, brings attention to the unique challenges older persons face, including those related to human rights and financial security. The National Council on Aging estimates the annual cost of elder fraud to be closer to $36.5 billion in 2023, an 11% increase from 2022.

Fraud 221

Fraud Training Trends National 221

PYMNTS

OCTOBER 16, 2018

Menon told the newswire that he placed cryptos in three categories, ranging from utility tokens to digital tokens (with some characteristics of securities), then there are payment tokens such as bitcoin. In reference to the IMF-World Bank meetings, FinTech garnered attention, as the IMF trained its sights on financial innovation.

Fintech 188

Fintech Regulation cryptocurrency Innovation 188

PYMNTS

SEPTEMBER 24, 2020

Social Security numbers. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. Axis’ onboarding system cross-references customers’ identifying information with India’s national identification number system, the world’s largest biometric identity program.

Video 205

Video Fraud Digital Banking System 205

CFPB Monitor

MARCH 11, 2020

Take steps to promote the broad adoption of SOFR (citing reports indicating “that industry has recently pushed for regulators to rubber-stamp the use of additional alternative reference rates”). Last year, the FRBNY began publishing the SOFR and the AARC recommended the use of SOFR to replace LIBOR.

New York 78

New York National Groups Community 78

PYMNTS

OCTOBER 24, 2019

The Association of National Numbering Agencies ( ANNA ) announced the launch of a new task force that will look into the identification of digital assets. With digital assets emerging as a new investment class, the availability of quality, standardized reference data will serve as the foundation for a trusted token market.

Security 100

Security Bitcoin Guidelines Industry 100

PYMNTS

MARCH 9, 2020

For example, if a merchandise manager needs to set inventory levels for a national chain, several participants can view the data – including the supplier, if they are on the permission list for that block. That is why blockchain is referred to as being distributed or decentralized. based tech site.

blockchain 212

blockchain Retail Data Management 212

PYMNTS

MAY 30, 2016

That indicates that Pinterest might well have been served with a National Security Letter by the FBI. A “warrant canary” refers to an item in a service provider (like Pinterest’s) transparency report that says how many subpoenas or warrants it has been issued with for information it holds on users. ”

National 100

National Security Report Groups 100

Perficient

JUNE 25, 2024

In time, computers took on a more active role, not only providing information but also assisting and guiding traders’ actions, supporting faster execution and more complex strategies.

Case Study 221

Case Study Risk Management Analysis Innovation 221

PYMNTS

SEPTEMBER 28, 2016

However, according to David Velez, the company’s CEO, utilizing smartphones for security means it’s especially important to protect that information, which, as the FTC points out, can be used by fraudsters to steal a user’s identity. The in-house system considers a wider range of factors when making decisions than the national credit bureau.

Security 100

Security Mobile Fraud United States 100

Abrigo

JULY 21, 2021

As part of the Financial Crimes Enforcement Network’s (FinCEN) first national priorities list for anti-money laundering and countering the financing of terrorism (AML/CFT) policies, one important priority continues to be detecting, reporting, and preventing terrorist financing. Other government organizations also offer content.

Training 195

Training National Strategy Regulation 195

PYMNTS

NOVEMBER 26, 2020

The Pilgrims, at the harvest feast hosted in 1621 that is often referred to as the first Thanksgiving, might well have eaten turkey, but it's far from a sure thing. Turkey didn’t become standard fare on the Thanksgiving table for over another 200 years when Abraham Lincoln officially declared it a national holiday in the 1860s.

National 267

National Online Meeting Report 267

PYMNTS

NOVEMBER 19, 2018

According to Crowdfund Insider , WBTC was created by a group of non-bank financiers and an insurance firm, including National Credit Insurance Brokers (Australia, New Zealand, Singapore), Incomlend (Singapore), GTR Ventures (Singapore, Hong Kong, U.K.) and Portal Finance (Chile, Colombia, Mexico).

blockchain 153

blockchain Fintech Fraud Community 153

PYMNTS

SEPTEMBER 4, 2019

The Times reported this week that fewer than 800 businesses were referred to an alternative lender under the scheme, leading to just $19.36 The program launched toward the end of 2016 , but so far only 1,700 businesses have been referred to alternative providers of capital under the program, reports noted. A total of $38.7

Data 109

Data Operations Community National 109

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

cryptocurrency 146

cryptocurrency Innovation DC National 146

PYMNTS

JANUARY 8, 2020

The legislator was reportedly referring to the policy that the social media company rolled out a day prior to prohibiting very manipulated videos made by machine learning or artificial intelligence. Experts reportedly brought attention to the national security as well as the societal implications of manipulated digital media.

social media 144

social media Video Policies Study 144

PYMNTS

NOVEMBER 10, 2016

Japan is one of the most technologically advanced and integrated nations in the world. For many, it’s one of the gold standard referents for technological advancement, robotics, gaming, mobile ubiquity and your everyday digital-age progress. Except when it comes to cash.

National 143

National Payments Examples Maine 143

PYMNTS

DECEMBER 5, 2019

Users demand both ironclad security and seamless login experiences, and biometrics are being incorporated into hardware solutions to meet these desires. The Deep Dive examines the seemingly never-ending arms race between the providers enacting new security protocols and the bad actors creating new techniques to thwart them.

North Carolina 142

North Carolina Security System Fraud 142

Abrigo

MAY 20, 2020

FinCEN reminds financial institutions that “detecting, preventing, and reporting COVID-19 scams and illicit activity is critical to our national security.” While this advisory is for medical-related scams, criminals may use similar methods for other COVID-19 related scams similar to those used before the pandemic.

Lending 195

Lending Fraud Training Report 195

PYMNTS

MARCH 23, 2016

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy. by gaining access to computers and then effectively holding users hostage until money changed hands.

social media 100

social media Virginia United States National 100

PYMNTS

DECEMBER 12, 2018

As related by Forbes , and as stated by Stephen Scharf, the DTCC’s chief security officer via a statement, “DTCC embraces the promise that fintech innovations hold to further mitigate risk and reduce post-trade costs. The value of the transaction was not disclosed, reported Coindesk last week.

Samsung 137

Samsung blockchain Regional System 137

PYMNTS

OCTOBER 1, 2018

“In particular, I did not understand there to be substantial support for changing the legal framework in ways that would bring some or all SMEs within the application of the NCCP Act ,” which is a reference to the National Consumer Credit Protection legislation.

Lending 135

Lending Regulation National Report 135

Abrigo

MARCH 3, 2023

Fraud, including check fraud, is the largest source of illicit proceeds in the United States and is one of the anti-money laundering/countering the financing of terrorism (AML/CFT) National Priorities. The FinCEN alert was issued as criminals have increasingly committed fraud by targeting the U.S. Mail since the COVID-19 pandemic.

Fraud 195

Fraud United States Trends Software 195

PYMNTS

SEPTEMBER 8, 2020

Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection. Along with the tremendous opportunity for sales growth, the challenge is making that first sale happen, he said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

MARCH 18, 2019

Authenticating.com is working to combat identity fraud by combining different solutions to securely automate and outsource identity verification and fraud prevention as a service. Personally identifiable consumer information is encrypted end-to-end, then anonymized, de-personalized and bifurcated to ensure that the data is secure.

Fraud 108

Fraud Knowledge Base Regulation Data 108

PYMNTS

AUGUST 14, 2019

The second was the rise of cryptocurrency (though during his remarks he tended to refer to it as Convertible Virtual Currency or CVC). When it came to technology, Blanco was specifically interested in – and concerned about – two main areas. The first is the rise of mobile gaming and gambling. million.

Compliance 163

Compliance Las Vegas Mobile Data 163

PYMNTS

MARCH 12, 2019

The Australian Securities and Investments Commission (ASIC) is criticizing top Australian banks for what the regulator said is an inefficient process of reviewing internal systems that allowed the banks to charge excess fees to customers. The Royal Commission has referred two dozen cases for regulators, which could result in prosecution.

Regulation 108

Regulation National Resources Security 108

PYMNTS

AUGUST 15, 2019

Elsewhere, that service has been tested with the Fast & Secure Transfers offering in Singapore and where the trial took place across 17 banks and seven countries. In India, that test would come through trials conducted through the National Corporation of India.

Software 128

Software Regional Payments Report 128

PYMNTS

SEPTEMBER 30, 2016

Gemalto, the digital security company, announced on Thursday (Sept. 29) it has been awarded a contract by BankAxept, the national payment scheme of Norway, to enable all local banks to interconnect through a single credentials management hub for streamlined and secure management of mobile payments services.

Mobile 100

Mobile Security Payments Cards 100

Abrigo

SEPTEMBER 3, 2021

Where fraud prevention, AML, and IT security historically stayed in separate pillars of financial institutions, it is now imperative that each of the divisions communicate regularly, and cross-monitor for these threats. Financial institutions should understand each of these advisories and reference them in their policies and procedures. .

Training 195

Training Software Fraud Security 195

Abrigo

NOVEMBER 18, 2019

The Secure and Fair Enforcement (SAFE) Banking Act of 2019, H.R. What the SAFE Banking Act does not do is remove marijuana from the Controlled Substances Act, so this legislation may only be a bandage for a more significant national issue. What is the SAFE Banking Act? It merely provides a safe harbor for those who wish to do so.

Regulation 150

Regulation Community National Operations 150

PYMNTS

JUNE 2, 2016

This data specifically refers to the Washington-based Board of Governors, a federal agency that is required by law to maintain public records. 30 | Number of “information disclosure” incidents reported by the Fed’s national cybersecurity team between 2011-2015.

Data 100

Data Washington National Regional 100