Perficient

MARCH 30, 2023

However, due to their sensitive and regulated natures, some industries – especially the financial services industry – have had more complicated cloud transformation journeys than others. Cloud computing makes data more accessible, cheaper, and scalable.

Data 492

Data Security Training Regional 492

PYMNTS

NOVEMBER 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to be.

Compliance 198

Compliance Regulation Payments Study 198

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

NOVEMBER 16, 2018

But the checks by banks help to quell these kinds of violations, so the situation has caused frustration for regulators. Banks, however, are “put off” from these checks due to stricter punishments on financing for terrorists and money laundering.

Regulation 190

Regulation National Survey Regional 190

PYMNTS

NOVEMBER 26, 2019

Regulation is perhaps the strongest driver of Lithuania’s FinTech-friendly environment. For traditional banks, compliance experts agree that it’s all about data — and the ability to share information with regulators. Lithuania wants to become a global FinTech powerhouse. Resuming Operations.

Compliance 182

Compliance Regulation Fintech Resources 182

Perficient

FEBRUARY 12, 2025

The industry faces numerous challenges, including protecting sensitive data, navigating evolving regulations, and outdated legacy systems. To harness AIs potential effectively, its essential to develop a strategy that considers payment regulations to ensure consumer protection , data privacy , and ethical use of AI.

Trends 221

Trends Payments Compliance blockchain 221

PYMNTS

JULY 17, 2020

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. The move represents Beijing’s first significant regulatory action this year and comes on the heels of the bailout of some regional lenders a year ago.

Regulation 151

Regulation Security Regional System 151

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

Perficient

MARCH 10, 2022

Our engagements range from implementing Drupal websites and portals to strategizing personalization and customer journeys, including clients in regulated industries like healthcare and financial services. The Acquia Partner Awards recognize 17 outstanding partners across four global regions.

Customer Experience 474

Customer Experience Innovation Regional Community 474

PYMNTS

MAY 22, 2020

The think tank’s founding members encompass financiers, policymakers, regulators and technologists in addition to select firms such as Cypherium. In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 161

Regional Bitcoin cryptocurrency National 161

PYMNTS

NOVEMBER 23, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from regulators around the world. EU Auditors: European Commission Needs To ‘Scale Up’ Regulation. New Digital Regulations Could Let EU Ban Tech Firms. 34 States Unveil $113M Settlement Against Apple For Alleged iPhone ‘Throttling’ .

Apple 193

Apple Regulation social media Compliance 193

PYMNTS

MAY 22, 2020

The think tank’s founding members encompass financiers, policymakers, regulators and technologists in addition to select firms such as Cypherium. In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 140

Regional Bitcoin cryptocurrency National 140

Abrigo

FEBRUARY 6, 2025

bank and credit union regulators expect financial institutions to implement robust internal controls for managing the credit, market, liquidity, and operational and legal risks associated with investment holdings. banking regulations. You might also like this on-demand webinar, "Winning the deposit game."

Compliance 195

Compliance Technology Operations Risk Management 195

PYMNTS

MAY 16, 2020

“A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”.

System 320

System blockchain Regional Security 320

PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. The Asia-Pacific region is home to 20 of the top 50 crypto exchanges. After the Payment Services Act goes into effect on Thursday (Jan. and London-based Luno.

Regulation 151

Regulation cryptocurrency Payments Bitcoin 151

PYMNTS

AUGUST 3, 2020

It is unclear whether the bank knew its services were being used to skirt anti-money laundering regulations, the paper reported. ‘Ndrangheta operates from the Calabria region in Southern Italy. .” The FT added: “Since then, more than 30 people have been sentenced for mafia-related crimes linked to the case.”

Regional 362

Regional Online Fintech Report 362

PYMNTS

JUNE 29, 2020

Small- to medium-sized businesses (SMBs) have been especially hard hit, as many have pivoted quickly to enable online transactions and adhere to the regulations that often accompany them. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

Bank Innovation

MARCH 2, 2018

The 16 registered cryptocurrency exchanges currently operating in Japan will soon form a self-regulating body, after a $530 million heist of digital coins in the region led to investor concerns, Reuters reported today.

cryptocurrency 199

cryptocurrency Regional Regulation Operations 199

PYMNTS

MARCH 7, 2019

Merchants and customers are now transacting under PSD2 and GDPR in the European Union (EU) — regulations that allow a greater window into how customer data is being used. While these regulations are aimed at increasing consumer trust by allowing them more transparency, many consumers in the region are still adjusting.

Lending 198

Lending Regulation Regional Data 198

PYMNTS

OCTOBER 14, 2020

However, it is not simply a technology or a regulation. So, in the region there is an inequality in terms of the acceptance and regulation of open banking. “Open banking is undoubtedly the new paradigm toward which the most modern societies are advancing,” Arregui said. million on a peak day last year.

United States 260

United States America Regulation Regional 260

PYMNTS

SEPTEMBER 21, 2020

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. government.

social media 230

social media Data Metro United States 230

PYMNTS

SEPTEMBER 22, 2020

She said part of that will come from ensuring the strength and autonomy of the region's payment systems. In addition, Lagarde said European governments need to work together on changes to labor, product and financial market regulations and implement education to make sure no one is digitally left behind.

cryptocurrency 276

cryptocurrency Regulation Regional System 276

Abrigo

MARCH 27, 2025

They require a mix of judgment, data, and defensibilitywithout clear instructions from regulators on exactly how to apply them. Step 3: Align Q factors with risk categories To keep things structured, organize your qualitative factors into key categories: Economic environment National, regional, and local economic trends.

How To 195

How To Data Lending Comparison 195

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

American Banker

APRIL 19, 2024

For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential searches by regional reserve banks. The shift seems to have made the system more diverse, but some argue it's at the expense of regional bank independence.

Regional 97

Regional Washington System Policies 97

PYMNTS

JANUARY 19, 2021

But it’s still on you as a brand to figure out what payment methods you need, how to sell locally, how [General Data Protection Regulation (GDPR)] may apply, and how to manage taxes,” he said. Retailers are entering new markets at a time when regulations are becoming more complex and costly, not less.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

FEBRUARY 14, 2020

The founder of Moven, Brett King, said the new venture would be a “world-class” bank, and that it would set its sights on the Gulf Cooperation Council (GCC) region. Almoayed has helped Moven to deal with rules and regulations for banks in the area. STV is known for its backing of Careem, which was eventually sold to Google.

Regional 222

Regional Google Financial Technology Capital 222

PYMNTS

APRIL 18, 2019

EU banks and merchants also face the changes to data security, transparency and privacy that the PSD2 and GDPR regulations have marshaled across the region. As European countries and consumers move forward with data transparency, other lawmakers and regulators are seeking to do the same. Around the PSD2, GDPR World.

Regulation 187

Regulation Regional Compliance Data 187

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations. where regulators have been workshopping potential rules for several years. Seventy percent of U.S.

Regulation 188

Regulation Regional Data United States 188

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248

America Regional Fraud Mobile 248

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. European Union and other regions currently fighting the pande mic. Security .

Data 199

Data Retail US California 199

PYMNTS

DECEMBER 10, 2020

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The legal framework for digital services has been largely unchanged in the region for about 20 years. The move comes as the EU is working on a European Democracy Action Plan and the closely watched Digital Services Act.

Company 225

Company Regulation Taxes Regional 225

PYMNTS

JANUARY 15, 2021

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Its digital ecosystem operates as an integrated regional platform that enables businesses and individuals to trade products and services. MercadoLibre’s bonds started trading on Jan.

Regional 207

Regional America United States Operations 207

PYMNTS

MAY 1, 2020

Financial institutions (FIs) and regulators in Singapore, the E.U. Regulators may have shifted their focuses away from these initiatives and toward making sure their customers have the financial access they need to survive the pandemic, but the long-term goals of. and the U.S. Similar to the U.K. Similar to the U.K.

Innovation 245

Innovation Regulation Digital Banking Security 245

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

JANUARY 21, 2021

Our new partnership with Revolut marks a significant step for Chubb as we continue to drive relationships in the digital space,” said Goulven Thépot , regional head of Underwriting, Accident and Health, Continental Europe with Chubb. “We Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

Regional 280

Regional Digital Banking Regulation Fintech 280

Perficient

FEBRUARY 24, 2021

Industry Regulations. Certain industries, like government or financial services, may be explicitly regulated to the U.S., Nearshore software delivery regions boast convenient geographic proximity and time zone alignment to the U.S. Industry Regulations. Nearshore Delivery Benefits. Time Zone Compatibility.

Software 294

Software United States Strategy Industry 294