PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. These risks are not unique to money services businesses or virtual currency exchangers; banks must be thinking about their crypto exposure as well," he said.

Compliance 82

Compliance Currencies Financial Systems Leverage 82

PYMNTS

SEPTEMBER 11, 2019

From FinCEN’s perspective, our BSA/AML system is good, but it can always be improved, and we see great opportunities in working with industry on innovations that can help better detect and safeguard against illicit activity,” he said. “In financial system by potential findings of non-compliance,” he said.

Compliance 46

Compliance Prioritization Currencies Financial Systems 46

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. Noreika, acting Comptroller of the Currency, in a statement. Today, the federal banking system remains healthy,” he continued. “As

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

JUNE 18, 2019

Yet, as scoutbee Founder and Managing Director Lee Galbraith explained in a recent interview with PYMNTS, product quality and prices are only the tip of the iceberg when it comes to strategic vendor sourcing, and what it means for corporate security, digital transformation journeys and bottom lines.

Compliance 50

Compliance Securities Invoicing Currencies 50

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

OCTOBER 10, 2016

They don’t so much like the difficulty in securing bitcoin vaults (as evidenced by the numerous and expensive hacks that seem to be endemic to bitcoin storage) and the simple fact that it is hard to incorporate digital currency systems into the highly regulated and compliance-focused environments that all large international banks exist in.

Currencies 60

Currencies Advertising Banking Compliance 60

Spreadym

MAY 15, 2023

Key features Collaborative workflow Total data and methodology compliance Agility of analysis methods Single source data management Scenario modelling In-depth analysis and planning Pricing Upon request Vena Vena is a complex planning platform that helps merge corporate workflow into one process.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Modeling 52

PYMNTS

SEPTEMBER 21, 2020

billion transactions for potential suspicious activity and screened more than 157 million transactions for compliance with applicable sanctions requirements. As Standard Chartered noted to BuzzFeed in the wake of the FinCEN files report: "In 2019 we monitored more than 1.2

Banking 139

Banking Leverage Compliance Currencies 139

PYMNTS

MAY 15, 2017

Its creator, the pseudonymous Satoshi Nakamoto, gave it all of the qualities of cash, but in a digital format: peer-to-peer transfer of a currency in the absence of any intermediary that is pretty much anonymous — only wallet IDs are shared. There’s only so many things you can buy on the dark web though.

Math 62

Math Currencies Startups Concentration 62

PYMNTS

OCTOBER 8, 2018

The network is valuable because it connects all the end points to which those payments must be made and complies with the regulations that assure the secure movement of those funds. Banks have earned the trust of people and businesses because they keep the money stored within them safe and keep the integrity of our financial system intact.

B2B 76

B2B Banking Economics Securities 76

Barry Ritholtz

FEBRUARY 13, 2023

So the idea being, you know, that we could analyze, dissect companies anywhere from, you know, senior securities, secured down to distressed. So I think there are 4,800 equities, different securities globally. And so whenever we build a portfolio, we think about every security has a tail to it. Was that the basis?

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Investments Marketing Education 56

Onplan

NOVEMBER 30, 2022

It also offers convenient multi-currency management. Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management. While it’s an excellent modeling tool for users that already use Workday for all their financial systems, Adaptive can cause friction for those that don’t.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

PYMNTS

JANUARY 7, 2019

Cars , today, have the capability to meter usage for insurance premium billing, and to order (and pay for) food and fuel from in-vehicle systems. That’s the lesson for payments and financial services sectors: You don’t have to ditch everything that exists to extract new value from it. People, of course, love the hype of the big bang.

Retail 82

Retail Leverage Numbers Sales 82

PYMNTS

DECEMBER 4, 2018

3) that urged banks to study and implement “where appropriate” methods that would bring innovate approaches to anti-money laundering efforts and Bank Secrecy Act compliance. “Likewise, pilot programs that expose gaps in a BSA/AML compliance program will not necessarily result in supervisory action with respect to that program.”.

Compliance 64

Compliance Currencies Financial Systems Banking 64