PYMNTS

JULY 26, 2017

“Today, the federal banking system remains healthy,” he continued. “As As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. Compliance. As is often the case with banks, risks of non-compliance remain high, the OCC noted.

Banking 46

Banking Compliance Currencies Concentration 46

Future CFO

MAY 2, 2023

Mike Polaha: Finance transformation aims to revolutionise corporate finance strategy and processes with three main objectives in mind - driving operational efficiency, ensuring functional effectiveness and improving employee experience - all while progressing to improve the function’s overall compliance footprint.

Finance 52

Finance Benchmarking Leadership Communication 52

PYMNTS

MARCH 26, 2018

Candex brings the speed and ease of consumer payment apps to large businesses, leveraging a private blockchain to ensure compliance and massively streamline financial system records.”.

Accounts Payable 43

Accounts Payable Vendor Management B2B Leadership 43

PYMNTS

JUNE 5, 2020

Many FinTechs offering financial services are legally required to implement AML measures and perform know your customer (KYC) checks, according to Financial Crimes Enforcement Network (FinCEN) regulations. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

Spreadym

JUNE 27, 2023

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. Data Management and Systems: FP&A analysts are responsible for managing financial data and ensuring data integrity.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

JULY 20, 2020

Traditionally, CFOs are responsible for managing the financial actions and decisions of a company. While the traditional tasks such as bookkeeping, financial reporting and statutory compliance are still important, the role of a modern CFO today has progressed to become more cross-functional.

CFO 52

CFO Leadership Finance Corporate Finance 52

PYMNTS

APRIL 4, 2018

Today, they mostly can’t – but in the world of Petal’s newly released product with WebBank , it is their sincere hope that availability becomes a more regular part of the financial system, and soon. Before we ever sought a dime of angel investment dollars, we were talking to financial regulators in D.C. The Long March.

Math 53

Math Education Compliance Forecasting 53

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

PYMNTS

MARCH 28, 2016

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. And a complicating factor for how to monetize “faster payments” in the U.S. Checks are issued at par. It’s amazing how well that worked.

Accounting 48

Accounting Banking Financial Systems Retail 48

PYMNTS

SEPTEMBER 21, 2020

billion transactions for potential suspicious activity and screened more than 157 million transactions for compliance with applicable sanctions requirements. It leaves banks and financial institutions vulnerable to spoofing attacks, as a fraudster can easily find a picture of someone else online and pass that off as genuine.

Banking 139

Banking Leverage Compliance Currencies 139

PYMNTS

OCTOBER 8, 2018

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. Leveraging those networks to enable bank account to bank account payments clearing and settlement is being piloted today to support cross-border payments efficiencies.

B2B 76

B2B Banking Economics Securities 76

Barry Ritholtz

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? RIEDER: Well, first of all, anything I tweet goes through legal and compliance before it gets out there, first part. You know, the leverage in the system builds.

Mergers and Acquisitions (M&A) 56

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

PYMNTS

OCTOBER 7, 2019

Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. Libra took the position that the financial system is broken and that the cross-border movement of money is too expensive and clunky. Alipay leveraged existing bank and card rails to scale. So now what?

Currencies 79

Currencies Advertising Construction Financial Systems 79

PYMNTS

JANUARY 7, 2019

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. So, while big-bang innovators continue to beat their press release drums about how good things might be one day, incremental improvements that build on existing systems continue to move the needle.

Retail 82

Retail Leverage Numbers Sales 82

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management.

Financial Planning and Analysis (FP&A) 52

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