PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan. Ninety-one percent of those fines were issued to U.S.

Banking 46

Banking Compliance Risk Analysis Risk Management 46

PYMNTS

MARCH 25, 2020

Australian corporate card provider Archa announced a collaboration of payment and open banking technology firm i2c to debut a new corporate credit card program in the country designed to address key pain points for small and medium-sized businesses (SMBs). Payhawk Explores Open Banking’s Biz Card Opportunity.

Mergers and Acquisitions (M&A) 46

Mergers and Acquisitions (M&A) Banking Foreign Exchange Risk Analysis 46

PYMNTS

AUGUST 21, 2020

Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in the U.S million from Symphony Asset Management LLC, the San Francisco research, valuation and risk analysis firm. On Tuesday (Aug. 18), the financial services giant filed suit to recoup $127.3

Risk Analysis 105

Risk Analysis Restructuring Valuation Investments 105

PYMNTS

FEBRUARY 1, 2019

Banks must have constant insight into potentially suspicious activities to stay ahead of fraudsters. These solutions can be implemented to review expansive volumes of bank transactions and data points to help banks detect questionable activities and broader patterns of potential fraud. Balkin said.

Banking 49

Banking Risk Analysis Communication Financial Systems 49

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. .

Risk Analysis 66

Risk Analysis Compliance Securities Banking 66

PYMNTS

NOVEMBER 12, 2020

“Consumers benefit from the real-time transaction risk analysis with fast and frictionless online shopping, leading to a simple and secure user experience.” . The SIA and INFORM initiative is part of the compliance with the new Payment Services Directive (PSD2) and also helps protect shoppers from online fraud. .

Risk Analysis 52

Risk Analysis Compliance Securities Banking 52

PYMNTS

OCTOBER 23, 2019

Together, Biz2Credit and Infosys will combine their respective small business lending and core banking technology expertise to support customized small business lending integrations for financial institutions as more banks look to digitize their operations. In a press release issued Tuesday (Oct.

Risk Analysis 41

Risk Analysis Leverage Banking Finance 41

PYMNTS

OCTOBER 1, 2020

Confident risk analysis can seem hard to come by when the world goes off its commercial axis, as it has been this year. Consumers’ emerging payment preferences will affect the future of open banking and privacy regulations in the region, and elsewhere around the world. Privacy Protection In The Spotlight.

B2B 52

B2B Risk Analysis Securities Banking 52

PYMNTS

FEBRUARY 7, 2019

As readers of these digital pages know, the European Union directive mandates that bank customers can use third-party providers for financial services. The biggest shift under PSD2 will be tied to transaction risk analysis. Separately, 26 percent of companies are still using paper diaries that could expose customers’ details.

Risk Analysis 76

Risk Analysis Compliance Leverage Securities 76

PYMNTS

FEBRUARY 22, 2017

As the European Banking Authority (EBA) prepares for the Revised Payments Systems Directive ( PSD2 ) to come into effect next year, it has reportedly changed its tune on one aspect of the rules that led to widespread criticism among online merchants. Reports Tuesday (Feb.

B2B 64

B2B Risk Analysis Communication Banking 64

PYMNTS

AUGUST 15, 2019

Called transaction risk analysis (TRA) exemptions, exempt transactions are considered to have extremely low fraud risks, with experts pointing to the opportunities for machine learning and other intelligent technologies to enhance the sophistication of risk analysis.

Risk Analysis 49

Risk Analysis Compliance B2B Treasury 49

PYMNTS

JUNE 5, 2020

Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates obstacles. In the latest Merchants Guide to Navigating Global Payments Regulations® , PYMNTS looks at how the pandemic is influencing open banking developments in the EU, U.K.

Risk Analysis 52

Risk Analysis Banking Budgeting Compliance 52

PYMNTS

JUNE 17, 2020

The solution offers value-added features like automatic COVID-19 travel alerts and risk analysis, according to Business Travel News , while also enabling corporate travelers to remain within their firms’ travel policies.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

MARCH 28, 2019

“With the increased availability of business data, advances in machine learning and the growth of APIs to make integrations easier, Fundbox is bringing risk analysis and on-demand access to capital directly at the point of the B2B transaction.

Finance 47

Finance B2B Risk Analysis Invoicing 47

PYMNTS

JULY 13, 2018

Canada’s cyber-risk: Analysis of the country’s department of finance shows there is a “medium” likelihood of a cyberattack that could cause “significant” impact on the entity’s ability to function. AML not enough: New rules in the EU are designed to target money laundering , and yet there are already calls for … more rules.

Risk Analysis 40

Risk Analysis Finance Banking Retail 40

PYMNTS

FEBRUARY 9, 2018

“Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”. More recently, MarketInvoice struck another partnership with Investec. That deal, announced last December, sees MarketInvoice underwriting SMB loans provided by Investec.

Invoicing 40

Invoicing Risk Analysis Credit Risk Financial Data 40

PYMNTS

NOVEMBER 20, 2017

To earn an investment-grade rating requires a rigorous evaluation of not only our lending models, automated risk analysis and successful history of reducing bad debt to an industry-low, but also our operational processes — from exceptional customer service to unmatched technology development.”.

Risk Analysis 40

Risk Analysis Finance Investments Technology 40

PYMNTS

MARCH 23, 2017

With plans to launch the platform later this year, CurrencyVue will link into SME banking and accounting systems as they step onto a global stage, helping them reduce exposure to FX fluctuation risk. Recent research suggests SMEs aren’t paying enough attention to FX volatility risk. dollar, meaning an unhedged U.K.

Risk Analysis 40

Risk Analysis Accounting Marketing Planning 40

PYMNTS

NOVEMBER 5, 2019

The Asian Development Bank ‘s estimation of a $1.5 That’s the concept that led ConsolFreight to introduce a new trade finance business model , one in which freight forwarders, not banks, stand at the center. “Banks are not experts in international trade.” ” A New Approach To Underwriting. .”

Finance 41

Finance Risk Analysis Transportation Banking 41

PYMNTS

SEPTEMBER 22, 2017

Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send and receive money — is about more than taking cash away, handing those consumers an electronic payments solution and opening up bank accounts for them. But balances remain at zero.

Risk Analysis 64

Risk Analysis B2B Accounting Sales 64

Cube Software

MAY 11, 2023

Another, critical use case of pro forma financial statements is risk analysis. This is known as sensitivity analysis , and basically shows how risky the company's current position is. The same goes for banks—pro forma statements are often required to secure bank loans for major expansions or new businesses.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

PYMNTS

JANUARY 22, 2020

The change, according to an FCA press release , “reflects the recent opinion of the European Banking Authority (EBA), which set out that more time was needed to implement SCA, given the complexity of the requirements, a lack of preparedness and the potential for a significant impact on consumers.”.

Compliance 56

Compliance Risk Analysis Economics Investments 56

PYMNTS

AUGUST 4, 2016

“This is transforming the credit risk analysis process. Instead of a market threatened by regulation, Rabie and Bertoli still view the Australian sector as one that provides a crucial service to SMEs that is currently lacking among traditional bank offerings.

Invoicing 40

Invoicing Finance Risk Analysis Credit Risk 40

PYMNTS

MARCH 14, 2018

Late and delayed B2B payments have turned many small business suppliers into a sort of “free bank” for their corporate customers. The B2B FinTech world has taken an array of measures to address this problem, from introducing new trade finance products, to developing trade credit insurance and new risk analysis models.

B2B 40

B2B Invoicing Accounts Payable Risk Analysis 40

PYMNTS

APRIL 11, 2019

’s Open Banking market initiative is seeping into the U.S., and into the business banking segment, as financial institutions (FIs) explore ways to improve their B2B services and compete with more agile FinTech firms. Banking-as-a-Service.

Banking 77

Banking Foreign Exchange Risk Analysis B2B 77

PYMNTS

JULY 31, 2019

The two units will consolidate bank supervision support, risk analysis, and oversight of national trust banks and important service providers. Deputy Comptroller for Supervision Risk Management Bob Phelps has been chosen to run the new unit. . It will support the whole agency and cover issues nationally.

Banking 59

Banking Risk Analysis Currencies Risk Management 59

PYMNTS

DECEMBER 2, 2020

Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Sage Teams With Satago To Help SMBs Manage Cash Flow. 1) announcement.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

AUGUST 6, 2018

“Even some of these large, multinational banks that have the people and data and tools, but one of the most basic fundamentals around monitoring your fraud exposure seems to be lacking.” “It’s a sensitive topic,” said Pozza.

Banking 40

Banking Risk Analysis Forecasting eCommerce 40

PYMNTS

JUNE 21, 2019

In an interview with Feedzai Chief Product Officer Saurabh Bajaj , the executive told PYMNTS that consumers who have embraced mobile banking don’t want to interface with people or paper when opening their accounts. The Challenger Banks. Ideally, they want to tackle forms on their tablets or smartphones.

Accounting 43

Accounting Risk Analysis Leverage Construction 43

PYMNTS

DECEMBER 26, 2018

Treasury’s FinCEN and Federal Banking agencies issued a joint statement encouraging innovative industry approaches to combating money laundering, terrorist financing and other illicit financial threats. Second is the individual or account layer; multiple transactions are associated with specific individuals and bank accounts.

Compliance 76

Compliance Risk Analysis Finance Treasury 76

PYMNTS

FEBRUARY 22, 2019

Germany-based Mambu announced $34 million in new funding for its banking Software-as-a-Service solution, the company revealed. Mambu links banks, lenders, FinTechs and other financial services players with a cloud-based core banking infrastructure. Capitalise. Capitalise has announced a $4.6

B2B 55

B2B Startups Construction Investments 55

PYMNTS

SEPTEMBER 28, 2016

I get up, I read my emails, I advise and support my team and I do my risk analysis on all my companies and new customers. This is what our business is about, and we must detect it, keep track of it, be one step ahead of it and protect our merchants and bank partners. PYMNTS: What’s a day in the life of Rudolf Booker look like?

Risk Analysis 76

Risk Analysis eCommerce Startups Leadership 76

PYMNTS

AUGUST 5, 2019

The Office of the Comptroller of the Currency (OCC) said via press release that it will realign about 150 staff members in two new units, tied to bank supervision support, risk analysis and the oversight of national trust banks and important service providers.

Currencies 49

Currencies Risk Analysis Advertising Banking 49

CFO News Room

NOVEMBER 3, 2022

Belgium now requires, BY LAW: 1) public indoor spaces must display CO2 level 2) risk analysis and action plan 3) targets: level A (CO2 [link]. — With normal inflation, central banks would need to create spare capacity in labour markets to push wages lower. Rule #2. * * *. Good for Belgium: This seems amazing.

Economics 130

Economics Transportation Manufacturing Forecasting 130