Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech Review

JUNE 18, 2024

Common hedge fund back office tasks include trade execution, reconciliation to NAV calculations, investor reporting, preparing tax documents, and ensuring compliance with federal and state regulations. Best Practices for Hedge Fund Operations Implement strong governance and oversight. Foster a culture of compliance.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Fintech News

NOVEMBER 20, 2024

Held under Chatham House rules designed to facilitate actionable outcomes through meaningful dialogue, Insights Forum convenes over 3,000 global regulators, policymakers and industry leaders for outcome-focused leadership dialogues and exclusive networking. ” said Stefan Grasmann, Chief of Blockchain at Zühlke.

AI 114

AI Finance APACS Regulatory Compliance 114

Open Banking Excellence

SEPTEMBER 27, 2024

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Such regulatory framework serves as a solid foundation for the progression of Open Banking, guaranteeing a safer and standardised environment. of households, while Internet penetration is 62.9%.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Fi911

JANUARY 31, 2024

Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service. Regulation remains a concern, too. And, while these regulations are necessary, they also call for careful consideration when implementing AI.

AI 95

AI MFA Regulatory Compliance Best Practices 95

Stax

FEBRUARY 5, 2024

That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. They can be variable or fixed, depending on company policy, industry standards, and local regulations. Regulatory surcharge. Regulatory Compliance.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

FICO

MAY 24, 2021

As an example, almost half (43%) of respondents say they have no responsibilities beyond regulatory compliance to ethically manage AI systems that make decisions which may indirectly affect people's livelihoods. It’s clear that the business community is committed to driving transformation through AI-powered automation.

AI 98

AI Regulatory Compliance Governance Government 98

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats.

Privacy 88

Privacy AI Payment Security Security 88

Stax

MAY 20, 2024

Regulatory compliance and financial reporting Because service revenue needs to be kept separate from earned revenue until the point it can be recognized, there is a robust set of accounting principles for business owners to follow that ensures unearned revenue is recorded correctly.

Accounts 167

Accounts Adjustments Legal Agreements 167

Fintech News

FEBRUARY 26, 2024

While a majority view their regulatory landscape as adequate, with 63% of surveyed fintechs rating it favourably (with 36% even lauding their regulatory environment as a major supporting factor of their operational growth in recent years), a considerable segment finds aspects of regulatory compliance, licensing, and registration to be burdensome.

FinTech 139

FinTech Consumer Financial Inclusion On-Demand 139

Fintech News

JUNE 12, 2024

Regulatory compliance, scalability, and performance are likely to pose continued hurdles. Collaboration between financial institutions, technology providers, and regulators will be essential to foster a supportive regulatory environment.

Credit Cards 109

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 109

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. With regulations constantly evolving, a monitoring plan ensures that businesses remain compliant and avoid any potential penalties or legal issues. Absolutely. Definitely.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

Tearsheet

JULY 1, 2024

What are best practices when it comes to protecting consumer information? First and foremost, your security must exceed industry compliance standards. Another area is regulation and compliance. Security and privacy Data security and privacy are major concerns with new payment technologies.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

PYMNTS

FEBRUARY 21, 2019

Data Discovery enables businesses to identify sensitive data that will require specific regulatory compliance measures. Accutive said that the combination of both solutions supports organizations’ data protection compliance and security needs under GDPR , HIPAA and other data protection regulations.

Encryption 51

Encryption Compliance Data Breach Data Encryption 51

FICO

JULY 14, 2016

These awards honor our clients' strategic wins, use of best practices and innovative deployments of technology. Awards will be presented in six categories: Analytic Excellence , Customer Onboarding and Management , Debt Management , Decision Management Innovation , Fraud Control and Regulatory Compliance.

Regulatory Compliance 45

Regulatory Compliance Best Practices Advisors Compliance 45

Fintech Review

NOVEMBER 6, 2024

With a distinguished career spanning both the public sector, digital assets and traditional finance, Hedi brings a wealth of expertise in permissionless security and regulatory compliance and combating financial crime, reinforcing 1inch commitment to legal integrity, principled compliance and robust governance.

Compliance 52

Compliance Financial Crimes Regulatory Compliance Crime 52

Clearly Payments

MARCH 22, 2024

Consumers need to be informed about the security features of their chosen payment platforms and the best practices for protecting their personal information. Regulatory compliance is another critical aspect of ensuring security and trust in mobile payments.

Contactless Payments 101

Contactless Payments Online and Mobile Banking Mobile Payments Payments 101

PYMNTS

JANUARY 29, 2019

Much of that spend (nearly one-third, by Gartner accounts), will go toward investment in consulting and implementation services as companies seek guidance for changing cybersecurity regulations like GDPR in Europe. Less than half of IT professionals in the U.S.

Cybersecurity 59

Cybersecurity Data Breach Phishing Privacy 59

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 current safeguarding rules are based on the Payment Services Regulations 2017 (PSRs) and E-Money Regulations 2011 (EMRs). What’s next?

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

Fi911

NOVEMBER 7, 2023

This framework encompasses a series of regulations, policies, and procedures. In the American financial landscape, the genesis of AML regulations is rooted in legislative acts such as the Bank Secrecy Act, the PATRIOT Act, and the Trading with the Enemy Act. These may align with industry best practices or other regulatory frameworks.

AML 52

AML Compliance Money Laundering OFAC 52

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Unfortunately, implementing the right tools and technologies to use data properly — whether it before regulatory reporting purposes, risk management or performance analysis — can be tricky for businesses in this space.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

Neopay

JUNE 27, 2024

That in its the drive to change its reputation to a tougher regulator, it may have not have been properly considering the potential negative impact on some consumer groups and market sectors. To ensure compliance, firms must thoroughly familiarise themselves with the regulations applicable to their business models.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

PYMNTS

OCTOBER 25, 2019

Across the pond, the General Data Protection Regulation ( GDPR ) took effect in May of 2018. Yet, the regulations are still evolving, and differ depending on where one looks. So, we need to change the conversation, and begin to share best practices.”.

Visa 40

Visa Privacy Best Practices Regulatory Compliance 40

Fintech Finance

MARCH 14, 2024

He brings a comprehensive regulatory understanding and supervisory experience to solidify Flutterwave’s dedication to upholding the highest regulatory, compliance, and governance standards. This appointment closely follows Flutterwave’s recent compliance, regulatory, and risk-focused hires.

Non-Bank 52

Non-Bank Audit Compliance Governance 52

Seon

SEPTEMBER 20, 2024

Participants recognized that fraudsters aren’t limited by the same regulations that constrain lenders, giving them a potential advantage. Regulatory compliance adds another layer of complexity. A Call for Collaboration A recurring theme throughout the discussion was the need for greater collaboration within the industry.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

Seon

SEPTEMBER 28, 2023

Key topics include: Latest regulatory compliance updates : The most recent news about security authorities and their protocols. Office hygiene best practices : Ensuring that file cabinets are locked and used sensitive paperwork is shredded as soon as it’s no longer needed.

Security 52

Security Phishing Best Practices Data Breach 52

The Payments Association

NOVEMBER 12, 2024

This decision carries substantial implications for an institution’s ability to detect and prevent fraud, comply with stringent regulations, and optimise operational efficiency. I have quite strong views on why it might not be the best idea for some firms,” he claims. The stakes are high. have 10-14 years.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Compliance 88

EBizCharge

JULY 26, 2024

Compliance with GAAP provides a standardized method of describing a company’s financial performance, enabling investors, regulators, and other stakeholders to analyze and compare financial statements confidently. The Securities and Exchange Commission (SEC) requires GAAP compliance for all U.S.

Accounts 52

Accounts Best Practices Adjustments Regulatory Compliance 52

PYMNTS

MARCH 27, 2019

What the regulator (or lawmaker, or court) giveth, the regulator (or lawmaker, or court) can taketh away. Regulations are another huge factor. Regulatory Changes. . – the first March Madness since the U.S. Supreme Court decision that legalized sports betting – lawmakers in the U.K. In the U.S., ID Process.

Authentication 46

Authentication Verification Money Laundering Regulatory Compliance 46

Neopay

JULY 2, 2024

This event is particularly relevant to regulated firms and compliance consultants. How Neopay can help At Neopay, we recognise the importance of regulatory compliance and consumer protection. Registration is required to attend. For more details and to register, visit here.

Consumer 52

Consumer Compliance Regulatory Compliance Assessments 52

Neopay

AUGUST 5, 2024

Effective safeguarding training covers the policies, procedures, and regulations that must be adhered to in order to minimise risks and maintain compliance with regulatory standards. They should be equipped to challenge and assess new data, policies, or frameworks for compliance.

Compliance 52

Compliance Procedures Audit Risk Management 52

Nanonets

MAY 7, 2024

Through this guide, we will define what expense reconciliation is, explore its significance to companies, the formal methods of going about it, as well as the challenges and best practices involved. This process is essential for maintaining financial accuracy, compliance with regulations, and preventing fraud or errors.

Reconciliation 52

Reconciliation Best Practices Compliance Credit Cards 52

EBizCharge

MAY 14, 2024

These benefits include time efficiency, improved accuracy, enhanced customer service, scalability, cost savings, regulatory compliance, insights and analytics, and integration with other systems. By following these best practices, businesses can navigate automation implementation with confidence.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

FICO

NOVEMBER 11, 2020

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. René is a banking and regulation professional with a decade of experience and a special interest in risk modeling, measurement and management.

Liquidity Risk 52

Liquidity Risk Regulatory Compliance Financial Inclusion Risk 52

Nanonets

NOVEMBER 14, 2023

  This guide delves into the best practices of managing international accounts payables, from traditional payment methods to automation solutions. Furthermore, regulatory compliance is a key aspect of international invoice processing.

Accounts 52

Accounts Wire Transfer Multi-Currency Cross-Border 52

EBizCharge

JULY 16, 2024

Adhering to NACHA requirements Financial institutions, credit unions, and other ACH network participants need to ensure they remain in lockstep with NACHA regulations to facilitate efficient payments. NACHA has streamlined the audit process by consolidating the methodologies into a single section within NACHA regulations.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

FICO

JUNE 12, 2020

Like other advanced financial sectors, Australia has a complex and evolving regulatory environment. In comparison to others in the Asia Pacific region, regulation has evolved due to last year’s Royal Commission, updates to the privacy act as well as changes enacted by global bodies such as the FATF (Financial Action Task Force).

Financial Crimes 52

Financial Crimes Crime Money Laundering AML 52