Finovate

DECEMBER 2, 2024

Belgian regtech Harmoney has acquired compliance specialist APPC, a subsidiary of the Forsides Group. Belgium-based regtech Harmoney announced its acquisition of APPC, the compliance-oriented subsidiary of the Forsides Group. This will provide APPC clients with access to an even broader range of compliance solutions.

Compliance 105

Compliance Acquirers Money Laundering AML 105

VISTA InfoSec

OCTOBER 21, 2024

The significance of multilingual cybersecurity compliance Making sure cybersecurity talks to everyone in their language is more than smart; it’s a must. Here are two aspects where multilingual cybersecurity compliance helps the most: 1. Outline regular audit processes to check compliance with these policies.

Cybersecurity 135

Cybersecurity Compliance Encryption Best Practices 135

Fintech News

AUGUST 21, 2024

Binance Holdings is set to expand its workforce by 1,000 employees in 2024, with a key emphasis on bolstering compliance teams, according to Bloomberg. The company plans to increase its compliance staff from 500 to 700 as part of this growth. To ensure compliance, U.S.-appointed plea agreement.

Compliance 128

Compliance Law Enforcement Money Laundering Agreements 128

Fintech Finance

NOVEMBER 20, 2024

Thunes , the Smart Superhighway to move money around the world, today announced the appointment of Peter Cohen as its new Chief Compliance Officer, effective immediately. With over 20 years of experience in the payments industry, Peter brings deep expertise in both regulatory and financial crime compliance.

Compliance 96

Compliance Cross-Border Financial Crimes Crime 96

Finovate

AUGUST 26, 2024

Governance, risk, and compliance platform Themis has partnered with regulatory compliance company Sei. The partnership integrates Sei’s marketing compliance engine into Themis’ platform to enable financial institutions to maintain marketing compliance across all channels. Neepa Patel is founder and CEO.

Compliance 111

Compliance AI Regulatory Compliance Consumer Protection 111

Fintech Finance

OCTOBER 31, 2024

Across the globe, the dialogue about compliance and risk has changed and it has become increasingly challenging for emerging fintechs and bank sponsors to keep pace. The post Thredd Launches Suite of Enhanced Compliance and Risk Services appeared first on FF News | Fintech Finance.

Compliance 95

Compliance Risk Push-to-Card Scams 95

Fintech News

SEPTEMBER 18, 2024

Singapore-based B2B fintech firm Aspire has appointed Summer Yu as Global Head of Compliance and Tommaso Scarpa as Head of Compliance for Singapore. These appointments aim to strengthen the company’s compliance, risk, and IT security teams, which have reportedly increased fivefold in the past 24 months.

Compliance 107

Compliance Financial Crimes Crime ISOs 107

Fintech Finance

OCTOBER 14, 2024

Orbital , a group of regulated entities acting as leading payments solutions providers, proudly announces it has achieved SOC 2 Type 2 compliance. Orbital’s compliance was verified through a rigorous audit conducted by A-LIGN , a globally respected Certified Public Accountant (CPA) firm.

Compliance 95

Compliance ISOs Procedures Audit 95

Evolve Payment

NOVEMBER 19, 2024

Table of Contents PCI Compliance in a Nutshell PCI compliance, also known as the Payment Card Industry Data Security Standard , or PCI-DSS, is an important standard that major credit card companies like Visa and Mastercard have adopted to protect themselves and their merchants from the risks associated with exposed cardholder data.

PCI DSS 94

PCI DSS Compliance Processors Breach 94

The Fintech Times

AUGUST 10, 2024

This initiative is timely as global attention on AI compliance intensifies, with new regulations in Asia as well as Europe highlighting the need for secure and ethical practices in the financial industry. This ensures compliance with regulatory requirements and, with the support of excellent partners, establishes a responsible AI system.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

Fintech News

NOVEMBER 20, 2024

Thunes, a global payments company facilitating cross-border transactions, has appointed Peter Cohen as its new Chief Compliance Officer. He will be responsible for fortifying Thunes ‘ compliance framework and ensuring the company adheres to the regulatory standards worldwide. said Peter Cohen, Chief Compliance Officer at Thunes.

Compliance 97

Compliance Cross-Border Facilitators Transactions 97

The Fintech Times

SEPTEMBER 24, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. “They consistently adhere to established security best practices and industry standards.

Privacy 107

Privacy Compliance PCI DSS Rules 107

VISTA InfoSec

MAY 24, 2024

In this blog, we’ll explore what PCI DSS compliance is, its benefits, and how small businesses can achieve it. Benefits of PCI DSS compliance for a small business: Enhanced Security reduces the risk of data breaches, fraud, and unauthorized access to sensitive cardholder data. of PCI DSS. of PCI DSS.

PCI DSS 240

PCI DSS Small Business Assessments Compliance 240

VISTA InfoSec

MARCH 28, 2024

Regulatory Compliance Compliance not only helps protect your customers’ data but also shields your business from potential fines and legal challenges. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends. 5/5 - (1 vote)

Data Breach 277

Data Breach Regulatory Compliance Breach Encryption 277

Fintech News

NOVEMBER 6, 2024

Brankas, an open finance platform provider, has launched a solution aimed at simplifying open banking compliance for financial institutions in the Asia-Pacific region. Brankas’ platform addresses key compliance requirements such as API standardization, authentication, and encryption. Brankas and ADVANCE.AI The post Brankas and ADVANCE.AI

Compliance 90

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 90

VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. The consequences of non-compliance extend beyond immediate financial penalties.

Cybersecurity 256

Cybersecurity Due Diligence Security Risk Management 256

The Payments Association

NOVEMBER 7, 2024

Rather than facing a 49m drop in the water, businesses in the sector are having to find the right balancing act between innovation and compliance. So how can payment companies shoulder the responsibility of being innovators while balancing compliance and consumer trust? Regulation across the continent is getting increasingly complex.

Compliance 88

Compliance Innovation Regulations Payments 88

The Payments Association

DECEMBER 17, 2024

RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system.

Stablecoins 88

Stablecoins Compliance Federal Reserve Cross-Border Payments 88

Basis Theory

JULY 18, 2024

With dozens of personal lines of insurance and an overwhelming amount of policy options, Marble developed a Super App for all personal insurance policies.

Compliance 141

Compliance Returns 141

Fintech Finance

NOVEMBER 19, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, has been crowned Payments Compliance Technology of the Year at the Payments Awards 2024 for its innovative QMR and GOC reporting solution.

Compliance 98

Compliance Technology Payments Visa 98

The Payments Association

SEPTEMBER 17, 2024

With the rollout of new instant payment regulations under the SEPA Instant Credit Transfer (ICT) scheme, Europe’s cross-border payments landscape is significantly transforming. From overhauling existing systems to adjusting sanctions screening processes, firms need to navigate these complexities to stay compliant and competitive. Read more

Cross-Border Payments 141

Cross-Border Payments Cross-Border Compliance Technology 141

The Fintech Times

SEPTEMBER 23, 2024

Nubank , the digital bank boasting over 100 million customers across South America, has selected a regulatory reporting solution from capital market tech provider Nasdaq , ‘AxiomSL’, to fulfil reporting obligations in Colombia and ensure compliance.

Compliance 105

Compliance Regulations Treasury Reporting Requirements 105

Payments Dive

JANUARY 8, 2024

The card network company is boosting efforts to enforce surcharge rules, with non-compliance potentially resulting in fines up to $1 million, according to one card processor.

Processors 179

Processors Rules Compliance 179

VISTA InfoSec

OCTOBER 21, 2024

For this reason, achieving SOC 2 compliance is crucial for service agencies especially those involved with sensitive customer data. However, following the path towards SOC2 compliance may have its obstacles. Auditors will want to see evidence of compliance concerning each control which consumes time and resources.

Audit 135

Audit Compliance Procedures Best Practices 135

Payments Dive

JUNE 12, 2024

“Since many of these deepfake software services accept credit cards, payments providers are on the front lines of detecting these companies,” writes one corporate compliance officer.

Deepfake 142

Deepfake Credit Cards Payments Compliance 142

Fintech Finance

SEPTEMBER 24, 2024

The cloud-based, SaaS payments hub solution will help the bank to deliver FedNow send and receive services 24/7, support ISO 20022 compliance, and enable its projected growth. Deployed on Microsoft Azure cloud, Payments To Go provides the bank with the agility needed to offer new and innovative payments rails, including FedNow Service.

ISO 20022 135

ISO 20022 Instant Payments FedNow ISOs 135

VISTA InfoSec

OCTOBER 21, 2024

And here to oversee and ensure the compliance with the data protection laws organizations often appoint Data Protection Officers. A DPO responsibilities revolves around monitoring internal process, educating staffs on compliance, conducting audits, and serving as a point of contact for regulatory authorities.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

JUNE 3, 2024

It mandates strict compliance requirements for organizations that process personal data, regardless of their location. Non-compliance can result in hefty fines and damage to an organization’s reputation. HIPAA compliance: Regulations for protecting health information.

MFA 130

MFA Credential PCI DSS Compliance 130

The Payments Association

OCTOBER 30, 2024

Compliance in payment communications is essential for trust and security; AI-driven solutions and customised frameworks help businesses meet regional regulations, ensuring secure global operations. This challenge is particularly acute in industries like payments, where trust, security, and compliance are non-negotiable.

Regulations 100

Regulations Cross-Border Compliance Fraud Prevention 100

Open Banking Excellence

SEPTEMBER 25, 2024

As banks adapt to these transformative forces, attendees gain insights into innovative strategies, regulatory compliance, and customer-centric approaches that will define the future of banking.

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

Fintech Finance

OCTOBER 30, 2024

” – Chief Compliance Officer at Ecommpay. .” – Head GRC Consultant for Europe & APAC, Finance Advisory at EPAM Systems (CH) GmbH “Incredible lineup of speakers with so many different topics of discussion; innovation, the way the future of payments looks! Really good!”

Compliance 98

Compliance AML Money Laundering Payments 98

Fintech News

SEPTEMBER 2, 2024

LDP simplifies compliance with these local regulations by ensuring data is stored and processed locally. Sumsub’s LDP infrastructure is designed to assist regulated companies in securely managing and processing personal data, offering a suite of verification, anti-fraud, and compliance tools.

APACS 121

APACS Privacy Regulations Fraud Prevention 121

Fintech News

AUGUST 1, 2024

This service aims to streamline business due diligence and compliance for financial institutions and SMEs, addressing counter-party risk, credit exposure, and compliance with anti-money laundering (AML) regulations. JewelPaymentech, acquired by ADVANCE.AI

Due Diligence 113

Due Diligence Money Laundering AML Verification 113

Fintech Finance

DECEMBER 3, 2024

The new regulations introduce stricter compliance requirements, requiring all payment transactions for sports betting operations to be verified against player-registered bank account details. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.

Regulations 98

Regulations Account Validation Compliance Automation 98

Finextra

SEPTEMBER 16, 2024

Citigroup is stripping chief operating officer Anand Selva of his responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.

Risk Management 124

Risk Management Compliance Addressing Governance 124

Fintech Finance

OCTOBER 23, 2024

Led by Intix, the survey explored readiness levels and compliance with key regulations, including ISO 20022 standards, as well as the readiness of banks as they prepare to meet the EU’s Instant Payments Regulation, which takes effect in January 2025 for receiving instant payment transactions and October 2025 for sending instant payment transactions.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105