Innovative Payments Association

AUGUST 29, 2024

Here are some steps to help guide you in building a successful cannabis banking compliance program: Understand Federal vs. State Regulations It's important to understand the difference between federal and state regulations when it comes to cannabis.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo.

Compliance 46

Compliance Regulatory Compliance Authorization On-Demand 46

Neopay

APRIL 8, 2024

On March 12, 2024, HM Treasury announced its proposal for the Payment Services (Amendment) Regulations 2024. These new regulations aim to empower PSPs with more time to investigate transactions suspected of fraud or dishonesty, thereby enhancing the industry’s ability to combat fraud effectively. What are the proposed changes?

Service Provider 52

Service Provider Due Diligence Fraud Prevention Payments 52

The Fintech Times

SEPTEMBER 4, 2024

It helps create a space where compliance teams can focus on hard-hitting issues rather than waste time on mundane work. “However, the emergence of these technologies means that regulations to monitor their proper usage also crop up.

Compliance 64

Compliance Rules Regulations Cybersecurity 64

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Know Your Customer is another area of compliance friction for these companies, added Wales, as money laundering and terrorist financing become more significant threats to the borrowing and lending space.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

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). Why is it important?

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Corporate buyers that have gathered enough information on potential business partners then need to answer to regulators.

Enrollments 66

Enrollments Crime B2B Money Laundering 66

Nanonets

APRIL 2, 2024

 Maintaining accurate financial records is crucial for informed decision-making and regulatory compliance, making bank reconciliation an integral aspect of financial management.   This transparency is essential to establish trust among stakeholders and investors, and for regulatory compliance.

Reconciliation 52

Reconciliation Automation Regulatory Compliance Compliance 52

PYMNTS

APRIL 28, 2016

The new idea being floated involves classifying marketplace lenders, who operate online and also offer smaller loans with set payments, as installment lenders that are under the CFPB’s jurisdiction and regulations. Many are also bound to reporting requirements with the SEC.

CFPB 40

CFPB Consumer Protection Regulatory Compliance FTC 40

Nanonets

JULY 25, 2023

Better Compliance and Governance: Automation helps enforce standardized processes and internal controls, supporting regulatory compliance. Data Security and Compliance : Robust security measures to protect sensitive financial data and ensure compliance with data privacy regulations.

Automation 52

Automation Compliance Process Governance 52

Nanonets

MAY 7, 2024

This process is essential for maintaining financial accuracy, compliance with regulations, and preventing fraud or errors. Compliance and Regulation : Expense reconciliation is crucial for compliance with financial regulations and standards.

Reconciliation 52

Reconciliation Best Practices Compliance Credit Cards 52

Nanonets

NOVEMBER 29, 2023

This process is fundamental across various sectors and for a multitude of document types, including contracts, proposals, financial reports, and policy documents. The primary purpose of document approval is to ensure that all documents are accurate, complete, and in compliance with established standards and regulations.

Automation 52

Automation Compliance Legal Process 52

Nanonets

FEBRUARY 15, 2024

Regulatory compliance becomes a challenge, as the manual handling of invoices hinders meeting accuracy and reporting requirements. Encryption, access controls, and compliance with data protection regulations are integral components of AI solutions.

AI 52

AI Automation Process Mitigation 52

Nanonets

JANUARY 17, 2024

Regulatory Compliance – Don’t Mess with The Law : Automated expense management ensures that you're always on the right side of the law, avoiding costly legal pitfalls. With ever-changing regulations, managing compliance manually is like juggling dynamite.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52