PYMNTS

DECEMBER 28, 2020

But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. at online trading platform eToro , said in the report there are "storm clouds" on the horizon for the form of currency. Regulation will be more of an issue for crypto companies the bigger and more ubiquitous they become, Bloomberg reported.

Regulation 250

Regulation Report Bitcoin cryptocurrency 250

Perficient

APRIL 14, 2022

In my over thirty years of experience in the financial services industry, I have learned a thing or two about completing, reviewing, and filing various types of reports — some of which have extremely tight restrictions and constraints to which the reporter must abide. Treasury Securities to TRACE. Interested in learning more?

Report 294

Report Compliance Security Regulation 294

Perficient

MAY 27, 2022

For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Regulatory cryptocurrency regulations are most fluid at the state level. State Regulations. SEC Regulation. Central Bank Digital Currency (CBDC) ).

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Perficient

JUNE 1, 2022

So far in our 6-part blog series explaining the intricacies of TRACE, we have defined TRACE reporting, detailed the prep work to be done in order to effectively report TRACE transactions , and reviewed considerations for alternative trading systems. by programming systems to delay reporting until the end of the reporting period.

Report 294

Report Security Regulation System 294

Perficient

APRIL 26, 2022

FINRA member participation in TRACE is mandatory and obligates members to submit transaction reports in TRACE-eligible securities to conform with the Rule 6700 Series. The USA allows a member firm to report trades on behalf of another FINRA member to the approved facilities included on page two of the USA.

Report 294

Report Compliance Security Regulation 294

PYMNTS

OCTOBER 9, 2020

9) that hackers may have gained information about customers' personal email accounts, Reuters reported. The wire service said a Robinhood statement indicated that the company’s internal systems were not compromised and that they are “actively working with those impacted to secure their accounts.”. billion.

Report 336

Report Security Fraud Tools 336

Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

Perficient

AUGUST 26, 2022

With the move to electronic trading and increased trade volume, FINRA has been considering ways to provide more timely and detailed data to the marketplace and regulators. In place since 2005, a 15-minute outer limit reporting timeframe currently applies to transactions in: Corporate bonds. Agency debt securities.

Report 275

Report DC Security System 275

PYMNTS

NOVEMBER 21, 2019

A group of senators have introduced a bill that would classify Facebook’s proposed cryptocurrency Libra as a security under the law, according to a report by CNBC. The bill is called the “Managed Stablecoins are Securities Act of 2019” and was proposed by two members of the House Financial Services Committee, Reps.

Security 145

Security Regulation cryptocurrency Bitcoin 145

PYMNTS

JANUARY 1, 2021

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

Regulation 352

Regulation social media Course Apple 352

Perficient

FEBRUARY 23, 2021

Initially addressed through the Liquidity Coverage Ratio test, regulators soon recognized that a single, consolidated report was insufficient to understand a firm’s potential drivers of liquidity depletion. financing of securities positions, prime brokerage activities). banking institutions. banking institutions.

Report 309

Report Risk Management Data System 309

PYMNTS

OCTOBER 13, 2019

financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well as report any suspicious activity. laws as securities, commodities, and security- or commodity-based instruments such as futures or swaps. Earlier this year, U.S.

Regulation 122

Regulation Security Bitcoin New York City 122

PYMNTS

OCTOBER 9, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.

Report 348

Report System Regulation Technology 348

PYMNTS

SEPTEMBER 18, 2017

Thirty years later, I find their tagline a rather fitting metaphor for the Equifax data breach and the flurry of headlines made by everyone who now wants to take them — and their two credit reporting agency compadres, Experian and TransUnion — out to the regulatory woodshed. Senator Elizabeth Warren (D – Mass.) Here’s a theory.

Report 202

Report Regulation Data Retail 202

PYMNTS

NOVEMBER 13, 2020

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. The regulators are looking more closely at transaction-based platforms, Lau said, per Bloomberg.

Regulation 227

Regulation social media Video Groups 227

PYMNTS

DECEMBER 16, 2020

Robinhood has come under the watchful eye of regulators — this time in Massachusetts. State regulators are set to file a complaint on Wednesday (Dec. 16) saying that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations.

Massachusetts 178

Massachusetts Regulation Security Compliance 178

Abrigo

OCTOBER 19, 2023

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. Cybersecurity Awareness Month is now in its 20th year and has a new enduring theme: Secure Our World. Stay up to date with cybersecurity threats.

Online 221

Online Security Resources Training 221

PYMNTS

SEPTEMBER 21, 2020

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. The report found the illegal profits from the drug trade, cash stolen from developing countries and Ponzi schemes flow through financial institutions despite warnings from bank employees.

Report 279

Report North Carolina United States New York 279

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. In addition, the China Securities Regulatory Commission said it seized New Times Securities, Guosheng Securities and Guosheng Futures and two trust firms, New China Trust Co.

Regulation 151

Regulation Security Regional System 151

PYMNTS

DECEMBER 23, 2019

Policy advisers at a leading think tank said that China should introduce a regulatory framework for artificial intelligence in the finance sector, according to a report from Reuters on Sunday (Dec 22). The risk and safety lines with AI in China in the finance sector appear to be blurring.

Regulation 202

Regulation Groups Policies Big Data 202

CFPB Monitor

DECEMBER 2, 2021

As anticipated, the OCC, Federal Reserve Board, and FDIC recently approved and released the Final Rule Requiring Computer-Security Incident Notification (“Final Rule”). The Final Rule is designed to promote early awareness and stop computer security incidents before they become systemic.

Regulation 78

Regulation Report FDIC Security 78

CFPB Monitor

DECEMBER 22, 2020

Additionally, service providers to banking organizations would be required to notify at least two individuals at affected banking organization customers immediately after the bank service provider experiences a computer-security incident that it believes in good faith could disrupt, degrade, or impair services provided for four or more hours.

Security 78

Security Report FDIC Regulation 78

PYMNTS

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274

Report United States social media Guidelines 274

PYMNTS

JANUARY 18, 2022

18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. That includes the crypto billboards that have recently been spotted along the London subway system, the report says. Treasury said Tuesday (Jan.

cryptocurrency 147

cryptocurrency Regulation social media Guidelines 147

PYMNTS

NOVEMBER 3, 2020

As China's Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech firm, not a bank, Reuters reports. Reuters writes that while Ant presents itself as a tech company, financial regulators have suggested it's under their umbrella. The classification is important for investors.

Groups 196

Groups Regulation Report Security 196

PYMNTS

JULY 16, 2020

German market watchdog Federal Financial Supervisory Authority, or BaFin , has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed to investigate warnings about the payments firm and instead cast more scrutiny on accusers, The Wall Street Journal (WSJ) reported.

Report 169

Report Fraud Regulation Marketing 169

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Those could lead to changes in the company's practices or further legal proceedings, the report stated.

Apple 235

Apple Company Report Regulation 235

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

PYMNTS

AUGUST 11, 2020

Federal and state authorities are targeting companies that allegedly lend money to small businesses at extreme rates and seek to collect payments with heavy-handed tactics, NBC News reported Tuesday (Aug. In some cases, NBC News reported, business owners took payments from companies’ bank accounts even after COVID-19 struck.

Lending 237

Lending Regulation Philadelphia New York 237

PYMNTS

NOVEMBER 1, 2020

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. Securities regulators therefore should block the deal, Amazon reportedly argued in the letter.

Retail 160

Retail Report Regulation Industry 160

Bank Innovation

MAY 3, 2017

Financial services organizations are among the leading adopters of cloud services, according to McAfee’s recent Cloud Security Report. This shift to private and public cloud is happening amidst conflicting priorities between regulations and business drivers.

Security 312

Security Regulation Report Technology 312

PYMNTS

JUNE 25, 2018

MetLife was charged with making false statements to investors on Monday (June 25) by the securities regulator in Massachusetts. After an investigation, the state regulator lodged the charges against the company after MetLife said in December it didn’t make payments to retirees.

Massachusetts 108

Massachusetts Regulation Security New York 108

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

PYMNTS

NOVEMBER 3, 2020

Folksam said it had accidentally allowed big tech companies to access customers’ private data, Bloomberg reported. The firm said it discovered the breach after an internal audit and that it has reported the breach to Swedish regulators. elections or fraudsters looking to take advantage of the pandemic’s eCommerce trends.

Groups 255

Groups Data Report America 255

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . Each $1 of fraud costs retailers $3.13. .

Security 233

Security New York Atlanta Fraud 233

PYMNTS

APRIL 9, 2020

million ransom to get their systems back online, The Wall Street Journal reported. A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery.

Report 279

Report Groups Data Cards 279

PYMNTS

MAY 22, 2020

Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating the nation’s anti-competitive rules, sources told MoneyControl.com. The report also noted Zomato’s biggest competitor is Swiggy, known as India’s No.

Regulation 181

Regulation Report Security Operations 181