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

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

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

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 88

AI MFA Regulatory Compliance Best Practices 88

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 Deepfake Risk Management 52

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

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

AUGUST 16, 2020

In other news, the Association of Cryptocurrency Enterprises and Start-ups Singapore ( ACCESS ) has rolled out an official Code of Practice, to help standardize the industry and aid players in meeting regulatory compliance, according to a press release.

Digital Currency 134

Digital Currency Bitcoin Money Laundering Regulatory Compliance 134

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

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

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

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

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

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

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 106

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 106

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

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

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

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. Regulatory Compliance: The regulatory environment for cryptocurrencies varies across jurisdictions.

Cryptocurrency 84

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 84

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

EBizCharge

JULY 12, 2024

A solid expense policy is paramount to ensure transparency and accountability, paving the way for smooth financial operations and compliance with tax regulations. Businesses should regularly update and train their staff on travel policies to keep up with changing travel norms and regulations.

Compliance 52

Compliance Best Practices Procedures Process 52

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

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 102

Contactless Payments Online and Mobile Banking Mobile Payments Payments 102

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

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

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 142

FinTech Consumer Financial Inclusion On-Demand 142

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 52

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 52

Nanonets

DECEMBER 19, 2023

They enable your company to keep track of vendors and ensure best practices in global supplier management.  Many eSourcing solutions use AI algorithms for sourcing and assessing regulatory compliance by vendors. 

Request for Information 52

Request for Information RFP Best Practices Risk Management 52

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

EBizCharge

JULY 11, 2024

Regulatory compliance: A reliable AR team can ensure compliance with financial policies and industry regulations to avoid fines or legal issues. AR outsourcing firms often staff highly trained, experienced professionals who stay current on the latest best practices and regulatory requirements.

Accounts 52

Accounts PCI DSS Disputes Small Business 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

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

EBizCharge

JULY 18, 2024

Regulatory compliance EDI payments help businesses adhere to industry standards and regulatory requirements by ensuring that all electronic transactions are formatted and transmitted according to established protocols. Update protocols and systems as needed to accommodate changes in business or regulations.

ACH 52

ACH Transactions Payments Funds Transfer 52

FICO

SEPTEMBER 19, 2022

Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021. Regulation F has articulated prohibitions on harassment or abuse, false or misleading representations and unfair practices. See all Posts.

Regs 52

Regs Consumer Financial Protection Bureau (CFPB) CFPB Regulations 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

Fintech Finance

OCTOBER 7, 2024

These findings are particularly concerning given the tighter regulations both financial and technology institutions face regarding third-party supplier risk management in their digital operations. While 70.1% of respondents reported mitigating risks through standard supplier management processes, only 14.3%

Risk 96

Risk Regulatory Compliance Risk Management Mitigation 96

Nanonets

JUNE 23, 2023

Regulatory Compliance Balance sheet reconciliation is a crucial element of regulatory compliance. By reconciling accounts regularly, organizations can demonstrate adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

Reconciliation 52

Reconciliation Audit Financial Analysis Adjustments 52