PYMNTS

JUNE 15, 2020

B2B FinTechs continue to step up to introduce new solutions for their customers with an eye on helping business owners survive this market crisis and persevere into the future. And as Aion Bank looks to expand geographically, Czuba said there are some universal challenges SMBs struggle with today.

Cross-Border 98

Cross-Border Non-Bank Addressing Underwriting 98

Fintech Finance

NOVEMBER 18, 2024

Both companies share a mission to address inefficiencies, remove manual steps and enhance the security of business payments. ” The acquisition deepens Modulr’s focus on developing comprehensive solutions that address the evolving needs of businesses.

Automation 93

Automation Accounts Acquirers Embedded Payments 93

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. It’s also about ensuring those tools are the right fit for businesses, can integrate with their back offices and provide a holistic experience.

Accounts 85

Accounts Business Continuity Community Banks Treasury Management 85

VISTA InfoSec

OCTOBER 21, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Change Management: Develop a change management strategy to address any resistance or concerns from your team.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

PYMNTS

MAY 27, 2020

For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. There is no such thing as a silver bullet in B2B payments, a single card rail that will address all friction points for all buyers, sellers and stakeholders.

Blocks 92

Blocks RTP NACHA Credit Union 92

PYMNTS

NOVEMBER 16, 2020

In addition, the review will let the Eurosystem address the issues and learn from them, looking into the "robustness" of the model for business continuity, the adequacy of regular recovery tests and the efficiency of managing change and the communication protocols, according to the release.

Central Bank 86

Central Bank Interoperability Cybersecurity Settlement 86

Fintech News

MAY 20, 2024

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. of businesses reporting an increase in webinar hosting, and 28.3% Similarly, research by GoodFirms found a notable uptick, with 46.5%

FinTech 121

FinTech Embedded Finance BNPL AI 121

PYMNTS

JANUARY 19, 2021

While all prudent organizations have business continuity plans to enable them to function following unexpected events, few anticipated the potential scale of the pandemic or the far-reaching consequences it would have on companies’ supply chains, factories, offices and customers.

Cross-Border 95

Cross-Border Governance Government Central Bank 95

The Fintech Times

FEBRUARY 9, 2024

Candid Wüest, VP of product management at Acronis Candid Wüest , VP of product management at Acronis, explained: “There’s a disturbing trend being recognised globally where bad actors continue to leverage ChatGPT and similar generative AI systems to increase cyber attack efficiency, create malicious code, and automate attacks.

Phishing 72

Phishing AI MSPS Ransomware 72

The Fintech Times

AUGUST 13, 2024

Through the new partnership, PwC UK and Cockroach Labs will offer end-to-end comprehensive solutions to banks and financial service institutions trying to ensure compliance and keep up with evolving regulatory complexities and impending mandates around operational resiliency, business continuity, and data sovereignty.

Compliance 64

Compliance Risk Database Due Diligence 64

PYMNTS

NOVEMBER 7, 2017

Now that companies are starting to realize that cybersecurity breaches are a real risk to their business continuity, it’s time to give incident response the attention it deserves,” said Kaspersky Lab Head of Enterprise Business Division, Alessio Aceti, in a statement announcing news of the research.

Addressing 43

Addressing Security Cybersecurity Email Compromise 43

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. Establishing reliable backup protocols can mitigate the impact of ransomware and ensure business continuity in times of crisis.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

DECEMBER 23, 2020

Quick reactivity was paramount for business leaders amid the onset of the global coronavirus crisis. For organizations far behind on their modernization efforts, there was a scramble to adopt cloud-based solutions that could support business continuity in a work-from-home environment.

Adjustments 81

Adjustments Best Practices Payroll Addressing 81

PYMNTS

APRIL 11, 2019

The Senate’s Legal and Constitutional Affairs Committee released a report earlier this week on its analysis of dispute resolution in the banking industry as the nation continues to crack down on misconduct against small businesses in the industry.

Disputes 60

Disputes Small Business Legal Rules 60

FloQast

SEPTEMBER 10, 2024

Addressing the Accounting Talent Shortage with AI For years, the accounting profession has been grappling with a significant talent shortage. Fewer people are majoring in it, people are leaving the field, but with that, business continues to expand.” Here’s a section I found particularly interesting. Capitalism marches on.

AI 85

AI Accounts Audit Compromise 85

PYMNTS

JULY 13, 2020

UiPath Co-founder and CEO Daniel Dines said in the announcement, “COVID-19 has heightened the critical need of automation to address challenges and create value in days and weeks, not months and years. He noted that they are also key to speeding up cash flows and maintaining business continuity when disruption has become the new normal.

Automation 75

Automation Process Use Case Participant 75

PYMNTS

MARCH 19, 2020

CEO Gene Lee briefly addressed the quarter in a conference call with analysts on Thursday (March 19), noting that “our results were impressive.” As part of the company’s continued response, Lee said, it has created a “cross-functional crisis team” that he leads. Darden Restaurants reported that same-restaurant sales were up 4.2

Addressing 63

Addressing Governance Government Business Continuity 63

PYMNTS

DECEMBER 29, 2020

Unlike the crypto markets, Wingert said the banking and payments industries continue to be slow to adapt to the challenges of KYC and fraud prevention. Moving beyond what he called the “crude, imprecise and blatantly inaccurate” use of IP addresses for determining location is critical, especially when it involves the verification of data.

AML 108

AML Money Laundering Compliance Law Enforcement 108

FICO

AUGUST 9, 2016

When FICO hosted the Business Continuity Institute Forum covering the South and East of England at our London offices last month, you might have expected technology to top the agenda. But what dominated the discussion among more than 40 business continuity and cyber security experts was not malware but “humanware” — that is, people.

Cybersecurity 63

Cybersecurity Best Practices Business Continuity Advisors 63

PYMNTS

NOVEMBER 14, 2019

Power found that small businesses continue to embrace mobile banking, with its 2019 U.S. Small Business Banking Satisfaction survey finding an 8 percent year-over-year increase in the percentage of SMBs using their bank’s mobile banking app (61 percent this year, compared to 53 percent last year). Recent research from J.D.

Online and Mobile Banking 59

Online and Mobile Banking AML Small Business Mobile Banking 59

Segpay

MAY 1, 2024

The Act aims to ensure digital services’ continuity, security, and stability, particularly in critical sectors such as finance, by addressing various operational risks, such as cyber threats, system failures, and operational disruptions. A risk-based testing approach is required to detect and address potential ICT disruptions.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

PYMNTS

MARCH 17, 2020

As a result, their financial service providers have a wider opportunity to develop and procure new products and services that address treasurers’ complex objectives. Integrating bank solutions into treasurers’ existing back offices isn’t the only data connectivity challenge treasurers need their banks to address today.

Payment APIs and Integration 69

Payment APIs and Integration Treasury Treasury Management Cross-Border Payments 69

PYMNTS

JUNE 29, 2020

Thanks to invoices and other AP-related documents flowing in in a variety of formats, businesses continue to face barriers to being able to easily extract vital information, integrate it into the necessary systems and obtain valuable insights from that data. ” Reforming Data Flows.

Accounts 60

Accounts On-Demand Business Continuity Addressing 60

The Payments Association

OCTOBER 11, 2024

The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls. The FCA has stressed that these reforms are critical to addressing widespread weaknesses in safeguarding practices, which have led to significant consumer harm.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

PYMNTS

APRIL 30, 2020

This has led to the ability for legal cannabis businesses to secure certain key financial services and products — most notably, the ability to accept electronic payments from consumers, while digitizing their wholesale and B2B payment processes through direct bank transfers. High-Risk Reputation. An Evolving Market.

Legal 78

Legal Credit Union Cannabis Banking Non-Bank 78

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JANUARY 9, 2020

Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy. We continue to see the proliferation of paper checks.

AI 61

AI On-Demand Addressing Volume 61

Nanonets

DECEMBER 13, 2023

When errors occur, the system can adapt and improve over time through continuous learning, ultimately enhancing the accuracy of future data extractions. Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations.

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

OCTOBER 18, 2018

.” Only a few months later, the Swiss Bankers Association (SBA) also announced plans to ease regulatory red tape on the nation’s crypto and blockchain businesses, to address what it described as an “exodus” of blockchain projects, shifting their home bases from Switzerland to other markets.

Cryptocurrency 85

Cryptocurrency AML Blockchain Money Laundering 85

PYMNTS

APRIL 29, 2020

In scrambling to address the coronavirus crises of the present day, where economic headwinds are increasing and the health concerns of the pandemic have spurred millions of workers to telecommute, preparedness is everything. That new demand may put pressure on FIs to meet a wave of new and continued demand for banking done in bits and bytes.

Technology 57

Technology On-Demand Addressing APACS 57

PYMNTS

JULY 17, 2020

Although parents are largely still working from home, their need for childcare remains intact — and with many childcare centers still unable to fully open due to social distancing requirements, this industry has faced its own unique challenges to ensure business continuity without compromising quality of care. ”

Payroll 64

Payroll Direct Deposit Automation Contactless Payments 64

PYMNTS

JUNE 22, 2020

Digital tools also offer real-time visibility into corporate cash flows, which can be especially helpful as businesses strategize to address a rapidly changing economic situation, Brad Garfield , head of product for commercial cards and comprehensive payables in global transaction services for Bank of America , recently explained to PYMNTS.

Automation 56

Automation Push-to-Card FinTech Process 56

FICO

JANUARY 13, 2021

That said, I do think it’s worth looking back on 2020 and identifying some important trends in financial services and thinking through how we might address them differently if we had a do-over. Well-built credit scores will continue to risk rank but may lose some predicative power and some risk ranking ability (shift downward and flatten).

Credit Cards 72

Credit Cards Accounts Process Underwriting 72

Fintech News

FEBRUARY 15, 2024

This digital shift is not merely a matter of convenience but has emerged as a lifeline for many businesses, especially highlighted during the stringent conditions imposed by the COVID-19 pandemic.

Cross-Border 86

Cross-Border Cross-Border Payments Visa Payments 86

PYMNTS

APRIL 9, 2020

However, when talking with my own leadership team and addressing my organization as a whole, I like to adjust the saying to “preparation is 9/10 of the law.” For example, establishing a crisis management team before a crisis even occurs — as well as having a business continuity strategy — will help all aspects of your business.

Laws 63

Laws Mitigation Adjustments Technology 63

PYMNTS

JANUARY 17, 2017

Fraugster analyzes and learns from transactions in real time, collecting over 2,000 data points, such as name, email address and billing and shipping address. As more business continues to move to the internet, Fraugster’s vision of a fraud-free world is one that we should all be working towards.”.

AI 40

AI Fraud Detection Addressing Volume 40

Finovate

DECEMBER 12, 2023

Quantivate’s flagship offering is its Business Continuity Software. Quantivate’s GRC solutions and broader suite covering areas like ERM Intelligence, Compliance, IT Risk, and more, strengthen Ncontracts’ portfolio by enhancing its capabilities in addressing the complex needs of financial institutions.

Acquirers 52

Acquirers Credit Union Risk Management Compliance 52