The Fintech Times

AUGUST 14, 2024

In June, the Treasury Department issued a request for information on the use of AI in financial services. The American Fintech Council , the industry association representing responsible fintech firms and banks, has recommended a number of measures to develop a pragmatic regulatory framework for AI to the Department of the Treasury.

Treasury 69

Treasury AI Innovation FinTech 69

PYMNTS

JANUARY 23, 2019

There are no probes,” Deutsche Bank said in an emailed statement to Bloomberg, but noted it “received several requests for information from regulators and law enforcement agencies around the world.

Fed 55

Fed Money Laundering Federal Reserve Law Enforcement 55

PYMNTS

OCTOBER 26, 2018

The tool integrates with existing Legal Entity Identifier (LEI) databases to support due diligence, KYC and AML compliance, and enables banks to send — and corporates to respond to — requests for information initiated by the identitii platform.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

PYMNTS

JANUARY 3, 2020

Snap said that it was subpoenaed in 2018 for information about how competition from Instagram had affected its growth. . The news was revealed in a regulatory filing on Oct. 23, according to the Financial Times.

AI 52

AI Acquirers Request for Information Security 52

PYMNTS

JANUARY 3, 2020

Snap said that it was subpoenaed in 2018 for information about how competition from Instagram had affected its growth. . The news was revealed in a regulatory filing on Oct. 23, according to the Financial Times.

AI 52

AI Acquirers Request for Information Security 52

Finovate

FEBRUARY 14, 2025

New Zealand’s Inland Revenue service issued a Request for Information (RFI) as part of an effort to influence the growth of open banking in the country. Asia-Pacific Malaysian Earned Wage Access (EWA) specialist Payd raised $400,000 in an extension of its seed funding round.

FinTech 64

FinTech Point-of-Sale (POS) Multi-Currency Cross-Border Payments 64

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). And so, the SEC might be shorthand for “Scare Every Cryptocurrency Firm.”. News came this past week, and a regulatory shoe of sorts dropped when the U.S.

Consumer Financial Protection Bureau (CFPB) 49

Consumer Financial Protection Bureau (CFPB) Request for Information Bitcoin Cryptocurrency 49

Finovate

AUGUST 20, 2024

Features Illustrates real-time transaction monitoring Highlights how a bank can deal with a flagged transaction (Request for Information) Includes intelligent SAR/CTR Filings Who’s it for? They are focused on delivering real-time transaction monitoring and regulation filings.

Credit Union 59

Credit Union Payment APIs and Integration BSA SARS 59

PYMNTS

NOVEMBER 14, 2018

Reuters , citing Snap, reported the company said in a statement that it has provided information to the regulators’ requests for information. Justice Department and the Securities and Exchange Commission.

Request for Information 49

Request for Information Regulations Continuity Security 49

PYMNTS

NOVEMBER 14, 2018

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions.

FDIC 51

FDIC Federal Reserve Request for Information On-Demand 51

PYMNTS

FEBRUARY 25, 2019

Among the technology-focused undertakings of the CSBS, said Liu, “we are building a web-based database of state guidance,” and a public request for information will soon go out to “solicit input” for the model money service business law. “We We have formed a working group of state regulators to develop the model.

Regulations 59

Regulations FinTech Community Banks Non-Bank 59

Nanonets

DECEMBER 19, 2023

  The 5 e-sourcing workflow stages are: Request for information Tender invitation Evaluate tender eAuction bidding Award contract The request for information (RFI) is used by a business procuring goods or services to gather non-pricing information from potential vendors.

Request for Information 52

Request for Information RFP Best Practices Risk Management 52

PYMNTS

AUGUST 2, 2019

All of this comes against a backdrop where, as Webster said, the bad guys (and gals) have gotten increasingly adept at fashioning sophisticated attacks, using legitimate channels to make phishing attempts appear to be official requests for information or money.

Phishing 79

Phishing Scams IRS Request for Information 79

PYMNTS

MARCH 5, 2019

Revolut ignored requests for information, forcing the business to turn to social media to request information,” he said. They were quickly blocked for daring to raise genuine concerns and questions.”.

Request for Information 51

Request for Information Non-Bank Authorization Blocks 51

The Paypers

MARCH 1, 2018

(The Paypers) The Securities and Exchange Commission has issued subpoenas and requests for information to tech companies involved in the cryptocurrencies market.

Request for Information 28

Request for Information Continuity Cryptocurrency Security 28

PYMNTS

APRIL 24, 2019

“The new policy is also consistent with comments the Bureau received in response to the Requests for Information it issued in 2018, seeking feedback about various aspects of its operations, including its use of CIDs in enforcement investigations.”

CFPB 46

CFPB Consumer Financial Protection Bureau (CFPB) Laws Request for Information 46

PYMNTS

AUGUST 14, 2019

“You start with collecting data about the company, about its financials, but also information about the capability of the vendor to provide the services you expect,” through the request for information.

Agreements 66

Agreements Request for Information Money Laundering AML 66

PYMNTS

FEBRUARY 24, 2016

“Western Union is cooperating with the European Commission following a request for information on the company’s business in Europe,” spokesman Daniel Diaz said in an email, according to Reuters.

Money Laundering 40

Money Laundering Request for Information Regulations Accounts 40

FloQast

OCTOBER 25, 2023

Relief in ReMind As tedious as sending requests for information may be, you probably won’t find anyone alive who would disagree that following up on those requests is somehow even worse. Early in his research of FloQast, Holden admitted that FloQast ReMind was particularly interesting to him.

Request for Information 52

Request for Information Reconciliation Accounts On-Demand 52

PYMNTS

MARCH 19, 2018

Securities and Exchange Commission (SEC) issued dozens of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings pool. Earlier this month, the U.S.

Cryptocurrency 43

Cryptocurrency Request for Information Money Laundering Crime 43

PYMNTS

JANUARY 24, 2018

During the investigation, I understand our team fully cooperated with the bureau and responded to every request for information within the specified deadlines.” “This is a significant step forward for the company,” stated interim President and CEO Jim Wanserski. states and Mexico.

CFPB 43

CFPB Consumer Financial Protection Bureau (CFPB) Request for Information Consumer 43

PYMNTS

JULY 13, 2018

The news comes as Democratic Representatives Keith Ellison of Minnesota and Emanuel Cleaver of Missouri were demanding answers from Amazon as to how its facial recognition technology, dubbed Rekognition , is being used by law enforcement around the country.

Law Enforcement 43

Law Enforcement Regulations Laws Request for Information 43

PYMNTS

FEBRUARY 27, 2017

In November, Capital One disclosed in a separate SEC filing that it received subpoenas and requests for information, but that it wasn’t formally being investigated. That all changed with the filing late last week.

Money Laundering 41

Money Laundering Office of the Comptroller of the Currency Credit Cards Request for Information 41

FICO

JULY 7, 2020

Watch out for “fun” requests for information. Criminals have gotten savvier and have created ways to make their information gathering seem like a fun activity. This sometimes takes the form of an online game or quiz that asks for information — the same kind of information can also be found on identity verification questions.

Scams 97

Scams Smishing Phishing IRS 97

PYMNTS

MAY 28, 2018

Democratic Representatives Keith Ellison of Minnesota and Emanuel Cleaver of Missouri are demanding answers from Amazon as to how its facial recognition technology dubbed Rekognition is being used by law enforcement agencies around the country.

Law Enforcement 40

Law Enforcement Laws Request for Information Audit 40

PYMNTS

OCTOBER 23, 2019

Snap said that it was subpoenaed last year for information about how competition from Instagram had affected its growth. . The news was revealed in a regulatory filing on Wednesday (Oct. 23), according to the Financial Times.

Request for Information 40

Request for Information Security Regulations 40

PYMNTS

OCTOBER 23, 2019

Snap said that it was subpoenaed last year for information about how competition from Instagram had affected its growth. . The news was revealed in a regulatory filing on Wednesday (Oct. 23), according to the Financial Times.

Request for Information 40

Request for Information Security Regulations 40

PYMNTS

SEPTEMBER 10, 2018

In addition, the commission issued potentially dozens of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings (ICO) pool.

Product 40

Product Request for Comment Bitcoin Cryptocurrency 40

PYMNTS

AUGUST 4, 2016

The White released a formal request for information on the practical applications and potential risks of AI in June. The White House put out a call for info on the practical applications of artificial intelligence, and IBM has more than answered the call.

AI 44

AI Request for Information Underserved ATM 44

PYMNTS

MAY 9, 2016

But these actions have been more to gather information on how the market works and not to crack down on any practices that have emerged thus far. And alternative lenders have been engaging in those requests for information (Lending Club is one of the larger platforms to have revealed its response to the Treasury’s request for information).

Regulations 40

Regulations Request for Information Small Business Federal Reserve 40

Global Fintech & Digital Assets

DECEMBER 18, 2023

Under the Proposal, however, they would be subject to heightened scrutiny via routine monitoring, requests for information, and on-site or off-site compliance examinations. Under the Dodd-Frank Act, large non-bank digital consumer payment companies are subject to CFPB enforcement authority.

CFPB 75

CFPB Regulations Consumer Financial Protection Bureau (CFPB) Non-Bank 75

PYMNTS

AUGUST 13, 2019

Thus far, the Cambodian government has not offered any response to media requests for information on the situation — though it has moved in the last 12 months to distance itself from the industry.

Governance 63

Governance Government Caps Request for Information 63

Innovative Payments Association

OCTOBER 3, 2023

They also need to know how to verify requests for information or payment. Employees at all levels need to be trained to practice safe cyber security habits and how to spot suspicious e-mails or phone calls.

FBI 40

FBI Crime Law Enforcement Request for Information 40

PYMNTS

JUNE 17, 2019

In recounting its accomplishments under her leadership, the CFPB said the bureau became a coordinating member of the Global Financial and Innovation Network; published a request for information concerning the need for and of scope of exceptions under the Remittances Rules; and issued new standards to be used to meet obligations under Section 610 of (..)

CFPB 43

CFPB Consumer Financial Protection Bureau (CFPB) Money Laundering Cryptocurrency 43

Nanonets

SEPTEMBER 21, 2023

Request for Information (RFI) A request for information, or RFI, is a document used to gather information and details about a vendor's capabilities, expertise, and offerings. There are different types of RFQs, including invited bid, open bid, sealed bid, and reverse auction.

Best Practices 52

Best Practices RFP Request for Information Process 52

PYMNTS

JULY 3, 2018

BNY Mellon can now offer messaging capabilities to its corporate and financial institution clients to pay eInvoices and eBills, as well as to transmit such data as the confirmation of delivery and request for information. Meanwhile, the Zelle network recently gained a new member.

Faster Payments 40

Faster Payments Cross-Border Zelle Payments 40

PYMNTS

AUGUST 18, 2016

The CFPB interprets that as meaning they can’t seek personal information from government officials by the use of employees working undercover. Their mystery shopping sprees, they argue, are simple requests for information that would be available to the public for anyone who asked. Thus, there is no Privacy issue.

CFPB 40

CFPB Law Enforcement Laws Request for Information 40