Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. SonarQube Security Scan Result.

Compliance 332

Compliance Security Software System 332

Abrigo

SEPTEMBER 23, 2024

Takeaway 3 Taking responsibility for the security of your own data includes report monitoring, exercising caution with links, and using strong passwords. Nearly 170 million individuals were impacted, and compromised data included Social Security numbers, names, email addresses, phone numbers, and mailing addresses.

National 195

National Data Fraud Security 195

Perficient

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes. Co-pilots: Software supported and enabled traders to operate more efficiently and swiftly.

Regulation 221

Regulation Risk Management Compliance Fraud 221

PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. Going on the Offense. As Fabara told Webster, it’s a “when,” not an “if.”.

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs .

Security 151

Security Fraud Payments Compliance 151

PYMNTS

JANUARY 22, 2021

Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez. As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Contingency Planning.

Security 141

Security Fraud Tools Customer Experience 141

Perficient

FEBRUARY 22, 2023

The next offering for adoption within automation is more human-like Advance AI, which is being referred to as Autonomous Enterprise. Blockchain technology is being used to create secure, decentralized ledger systems that can store and transfer data in a transparent and secure manner.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

Abrigo

AUGUST 5, 2024

You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention" register Takeaway 1 Financial fraud is becoming more sophisticated in today's world, and counterfeit checks and duplicate check deposits are significant threats. Let our Advisory Services team help when you need it.

How To 195

How To Fraud Training Software 195

PYMNTS

FEBRUARY 18, 2019

Securities and Exchange Commission has sued financier Joshua Sason for fraud. Sason ran a company called Magna Group, and according to the SEC, raked in more than $25 million via what the federal agency in its complaint described as an operation that involved the quick dumping of penny-stock shares that had been illegally gained.

Fraud 122

Fraud Operations Security Software 122

PYMNTS

SEPTEMBER 16, 2020

Ni Shiyuan, a police officer in the Public Security Bureau, told the news service the government should urge these platforms, especially new social eCommerce platforms, to strengthen internal controls. The company said it has referred more than 1,000 suspected incidents to police since last year, and more than 200 suspects have been arrested.

Online 312

Online Report Security Regulation 312

PYMNTS

APRIL 26, 2016

Bitstamp has stamped its name in the record books in the EU for being the first company of its kind to secure a national license to operate as a bitcoin exchange. “This is an unprecedented moment for the bitcoin and brings with it a new era of security and transparency to the industry,” the company wrote on its blog.

Bitcoin 100

Bitcoin National Security Regulation 100

Abrigo

JULY 9, 2024

The designee(s), referred to as the AML/CFT Officer (formerly known as the BSA Officer), are to: Be adequately trained to ensure and monitor compliance with the BSA and FinCEN's implementing regulations, which will depend on the financial institution’s risk profile. These FinCEN priorities highlight significant threats to the U.S.

Compliance 221

Compliance Fraud Regulation National 221

PYMNTS

APRIL 23, 2019

Sports and fantasy sports gambling operations are a big deal in the U.S., Many betting operations are tempting targets for fraudsters and other bad actors, however – especially online operations that do not require face-to-face customer interaction. with consumers betting more than $990 million in January alone.

Security 108

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PYMNTS

JULY 31, 2020

Gig platforms and marketplaces face their own challenges in attracting and keeping talent, however, especially since they cannot offer the security of a traditional staff position. Gig work platform Freelancer.com reported “exponential” growth in new sign-ups during the early days of the pandemic.

Technology 142

Technology Security Knowledge Base Meeting 142

Perficient

JUNE 25, 2024

Eventually, algorithms took over entirely, automatically buying and selling securities according to pre-determined instructions without the need for human intervention. Using the evolution of electronic trading as a reference, Hsu outlined three phases in its history: Inputs: Computers provided information for human traders to consider.

Case Study 221

Case Study Risk Management Analysis Innovation 221

Perficient

OCTOBER 6, 2020

In this folder structure that I am working in, notice how the CustomerDto is stored in the Models folder under ’03 – Domain’, while the actual Customers Model is stored in the Models folder under ’04 – Database’ (Refer to the second image). **Don’t Reference: [link]. Don’t forget!

Data 294

Data Examples Resources US 294

PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Security 100

Security Data System Operations 100

PYMNTS

SEPTEMBER 16, 2020

Establishing trust is crucial for all companies that operate in the sharing economy. Homesharing platforms must vet renters or tenants and ensure that their personal and payment data remain secure, for example. The host and guest parties cross-reference the inventory when the latter move their items into storage. .

Taxes 230

Taxes Guidelines Meeting Security 230

CFPB Monitor

JULY 20, 2022

In anticipation of the elimination of LIBOR, the Federal Reserve Board and the Federal Reserve Bank of New York (FRBNY) convened the Alternative Reference Rates Committee (ARRC) to identify alternative indices to replace LIBOR. For more information about the Playbook, see Ballard Spahr’s legal alert.

New York 78

New York Security Operations Regulation 78

PYMNTS

JANUARY 5, 2021

TradeBlock provides price references, customizable algorithms and other cryptocurrency data. As a wholly owned subsidiary, TradeBlock will operate fully independently to ensure data security and client confidentiality and to preserve CoinDesk’s journalistic integrity, the release stated.

Bitcoin 230

Bitcoin cryptocurrency Tools Marketing 230

PYMNTS

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

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.

Data 109

Data Operations Community National 109

PYMNTS

NOVEMBER 6, 2020

A virtual IBAN is a reference number issued by a bank that allows payments to be routed to a physical/regular bank account, and in terms of process, the virtual numbers act in the same manner as their brick and mortar variations. This gives additional advantages for day-to-day operations across borders and currencies. .

Payments 246

Payments Compliance Operations Resources 246

Perficient

FEBRUARY 1, 2021

It also emphasizes the goal that the exchange of healthcare information to health care providers and individuals should be easily and securely accessible across a variety of devices and third party medical applications. Perficient partners with MuleSoft to improve clinical, financial, and operational efficiency.

Data 271

Data Resources System Management 271

Perficient

MARCH 1, 2021

Not only that, but there is a significant security enhancement with two-factor authentication enabled by default for the Magento administrator. Also, it provides an additional security layer for accessing the website code. Varnish, also referred to as ‘HTTP accelerated’, is designed for use with the HTTP protocol.

How To 309

How To System Security Operations 309

PYMNTS

MARCH 7, 2019

According to CNBC , the Senate Homeland Security and Governmental Affairs Subcommittee on Investigations is holding the hearing, and has also released a report on how Equifax handled its data security leading up to the data breach that resulted in 143 million people’s credit card data being exposed.

Security 117

Security Meeting Leadership Data 117

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

PYMNTS

JANUARY 7, 2020

Armis specializes in protection for the Internet of Things, which refers to the interconnection with the internet embedded in daily objects allowing them to send and receive data. But downsides like large technological overhauls and security concerns have made it difficult for large companies.

Software 131

Software California Capital Analytics 131

PYMNTS

JULY 22, 2019

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? Security firm Symantec said this past week that it found a security flaw in Android apps for WhatsApp and Telegram, which can allow hackers to manipulate data that flows between users. billion users.

Fraud 180

Fraud Payments Security System 180

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. AI can assist internal audit and independent risk management to increase sample size (such as for testing), evaluate risk, and refer higher-risk issues to human analysts.

Regulation 309

Regulation Industry Risk Management Analysis 309

PYMNTS

AUGUST 27, 2019

As noted in a recent Optimization and ePayables Playbook , more than one-third of businesses are “enthusiastic” about adopting that innovation, with an eye on improving day-to-day operations. Among the most important benefits for firms that adopt ePayables, said Gilman, are increased safety and security.

Video 164

Video Security Innovation Study 164

PYMNTS

JUNE 24, 2019

Looking back at a time when the market was moving toward mobile, Microsoft Co-Founder Bill Gates said his biggest mistake was not putting Microsoft in the position of Android as the largest “non-Apple” mobile operating system in the world. There’s room for exactly one non-Apple operating system and what’s that worth?

Google 101

Google Apple System Operations 101

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. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation. billion in fraud losses in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

OCTOBER 7, 2019

Securities and Exchange Commission (SEC) is seeking to “modernize” the regulation of exchange-traded funds (ETFs) in a bid to make those investment vehicles more innovative, and give them quicker entrance to the market. Might that pave the way for the emergence of cryptocurrency ETFs?

cryptocurrency 134

cryptocurrency Bitcoin Regulation Retail 134

Bank Innovation

APRIL 27, 2018

The program, which Synechron refers to as its Regtech Accelerator Program, went live yesterday. EXCLUSIVE - Technology services provider Synechron launched a regtech program focused on helping its financial services clients on regulatory compliance issues.

Compliance 236

Compliance blockchain Technology Operations 236

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

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