FISPAN

MAY 24, 2022

In the episode, Joe and Clayton discuss the currents of change in financial services, ERP movement to the cloud, how banks can enable digital transformation, and considerations for compliance and bank regulators. Illustrating the pace of change, Joe noted that this number would rise to 100% within the next decade.

Compliance 98

Compliance CFO Banking Numbers 98

PYMNTS

OCTOBER 5, 2020

And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. 246: Number of non-waivable regulatory requirements under PCI DSS. All this, Today in Data. Data: 2012: The year Home Depot started its Pro Xtra program.

Compliance 69

Compliance Retail Numbers Marketing 69

PYMNTS

SEPTEMBER 24, 2020

Reducing fees for remittances might push price points low enough that more consumers could resume sending money home, though, and some researchers believe that money transfer service providers could make such price adjustments if they are able to reduce their own expenses through more robust and cost-effective regulatory compliance measures. .

Compliance 89

Compliance Banking Economics Securities 89

PYMNTS

SEPTEMBER 22, 2020

Social Security or other identification numbers, for example, indicating that they may be looking for different standards or assurances regarding where this data is kept and how it is protected. How The Pandemic Is Shifting Banks’ Understanding Of Clo ud Compliance. Some expressed hesitancy surrounding sharing their U.S.

Compliance 76

Compliance Banking Securities Technology 76

PYMNTS

JULY 8, 2019

and compliance teams would manually check onboarding customers to make sure their records were clear. Wiping out the manual process and handling compliance in an automated fashion can propel companies forward,” Meier said. A client who passed through compliance checks on day one might not be compliant on day 500, for example.

Compliance 80

Compliance Financial Systems Leverage Banking 80

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance. Sharing the Compliance Burden.

Compliance 71

Compliance Auditing Securities Education 71

PYMNTS

AUGUST 23, 2018

Compliance of General Data Protection Regulation (GDPR) rules remain low across the globe, according to the latest research from Dimensional Research. When researchers isolated the findings to businesses in the European Union (EU), they found only marginal improvement, with 27 EU companies reporting GDPR compliance.

Compliance 73

Compliance Securities Planning Numbers 73

PYMNTS

DECEMBER 16, 2019

Courtneidge discussed those challenges in a recent interview with PYMNTS, noting that as FinTech innovation continues to solve the biggest B2B payments friction points, service providers are tasked with simultaneously prioritizing compliance — two goals that don’t always go hand in hand. Mixing Innovation With Compliance.

Compliance 81

Compliance B2B B2C Prioritization 81

PYMNTS

SEPTEMBER 23, 2020

The number of consumers taking to digital channels for their financial needs has skyrocketed during the pandemic, however, harshly testing these relatively new rules. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. The Cloud And Compliance Challenges.

Compliance 90

Compliance Banking Securities Technology 90

PYMNTS

NOVEMBER 13, 2018

A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance. As we track transactions, it will be very telling how these challenges will impact organizations’ due diligence processes.

Mergers and Acquisitions (M&A) 57

Mergers and Acquisitions (M&A) Compliance Financial Modeling Technology 57

PYMNTS

NOVEMBER 9, 2016

Any organization, small or large, private or public, must handle the pressures of compliance. “There is still a significant number of [nonprofit] organizations paying vendors by check,” Murphy noted. “The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS.

Compliance 69

Compliance Nonprofit Accounts Payable Vendor Management 69

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. Sunil Madhu , founder and CEO of Socure , joined Karen Webster to give context to some of the compliance concepts trending in the industry and also share his thoughts on what’s coming next down the regulatory pipeline. Compliance Decoded.

Compliance 76

Compliance Leverage Technology Securities 76

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The potential cost for non-compliance is huge. Previous efforts for the U.S. to come up with a national privacy law were stymied. Immediate Challenges.

Compliance 52

Compliance Communication Leverage Securities 52

PYMNTS

JULY 24, 2020

Logistics company DHL is doubling down on efforts to provide eCommerce services to the growing number of digital shoppers in sub-Saharan Africa. How Global Freelancing Marketplaces Can Maintai n Security And Regulatory Compliance. Around The eCommerce Payments W orld. Read more in the Report.

Compliance 61

Compliance eCommerce Securities Retail 61

PYMNTS

OCTOBER 16, 2019

Flowhub , a cannabis retail management software vendor, has raised $23 million in its bid to automate cannabis compliance. A number of investors participated, including e.ventures, Evolv Ventures and Poseidon.

Compliance 43

Compliance Retail Investments Sales 43

PYMNTS

SEPTEMBER 26, 2018

A case of complacency on compliance? 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The headline numbers: 52.5 percent at full compliance in Europe, while the standing was 39.7

Compliance 53

Compliance Communication Securities Retail 53

PYMNTS

SEPTEMBER 17, 2018

According to Sid Nair, senior director of transport and compliance at Teletrac Navman, fleet managers appear to be adopting technologies like ELDs merely to maintain compliance. For professionals using an online freight marketplace, their number-one requirement is quickly receiving payment.

Compliance 55

Compliance Benchmarking Transportation Technology 55

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 58

Compliance Marketing Currencies Auditing 58

PYMNTS

JUNE 10, 2019

Oracle has announced new enhancements for its Retail Brand Compliance Management Cloud Service , which will enable retailers to monitor the integrity of their materials and end products. affected a number of well-known supermarket chains. For example, in 2016, a multi-state listeria outbreak in the U.S.

Compliance 46

Compliance Retail Manufacturing Communication 46

PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. How low are the rates? Isolated by a few countries, only 21 percent of firms in the U.K.

Compliance 40

Compliance Budgeting Currencies Securities 40

PYMNTS

JUNE 5, 2017

Amid the embrace of artificial intelligence across financial services, one big bank is adopting AI to streamline compliance efforts. The partnership will be focused on helping automate a number of business processes with an eye on efficiency. Banks have been eyeing the bottom line while also boosting compliance efforts.

Compliance 46

Compliance Startups Banking Numbers 46

PYMNTS

APRIL 7, 2017

Compliance is not just about dealing with a specific corporate action or use case. When payments are involved, compliance is a way of life, as constant as the transactions themselves, and it is complex enough an activity for some firms as to demand outsourcing to experts. She noted that WePay exists “behind the scenes.…

Compliance 40

Compliance Invoicing Marketing Numbers 40

PYMNTS

SEPTEMBER 20, 2016

In the latest installment of Flywire ’s podcast series on Global Citizens and the top characteristics of x-border payment processors , we take a look at the compliance, rules and regulation side of getting high-ticket international payments from Point A to Point B.

Compliance 71

Compliance Education Auditing Securities 71

PYMNTS

JANUARY 7, 2019

“Our partnership with Cass, an information processing and financial holding company with considerable experience in routing and handling B2B payments, provides Finexio and our customers access to a Federal Reserve member bank with a comprehensive suite of compliance and fraud detection tools.

Compliance 43

Compliance B2B Accounts Payable Banking 43

PYMNTS

NOVEMBER 24, 2020

The number of COVID-19 infections in the U.S. has been topping records for weeks, with the number above 169,190 on Monday (Nov. The CDC has advised against traveling for the Thanksgiving holiday due to the alarmingly high numbers. 23), WSJ writes. in October to 96.1 in November, PYMNTS writes. in October to 96.1

Compliance 74

Compliance Numbers Accounting 74

PYMNTS

MAY 4, 2020

Brazil saw a steady decline in the number of people going to bars and movie theaters through late April, but the numbers started increasing as more people headed to parks and returned to work. By April 24, the number of new cases dropped 48 percent after being down 56 percent on April 10. As new cases in the U.S.

Compliance 61

Compliance Transportation Numbers Retail 61

PYMNTS

MAY 23, 2016

Will artificial intelligence help banks navigate the complexities of compliance more effectively? Against a backdrop where regulations have grown by leaps and bounds in the wake of the financial crisis, The Wall Street Journal reported that banks have taken on tens of thousands of new staffers tied exclusively to compliance.

Compliance 41

Compliance Banking Numbers Technology 41

Future CFO

FEBRUARY 11, 2020

South Korea life insurance firm Kyobo Life has implemented a high-performance computing platform for IFRS 17 and K-ICS financial reporting compliance, said AON recently. within 30 hours, with no significant impact on the calculation run-time even when the number of scenarios increased from 200 to 1,000, according to AON.

IFRS 40

IFRS Compliance Risk Management Economics 40

PYMNTS

JANUARY 17, 2017

That, Ayers said, also makes reliance on traditional identifiable data, such as dates of birth, Social Security numbers (SSNs) and even addresses, not as useful for identifying millennials. Is the phone number the future SSN?” But, Webster questioned, can a longstanding phone number really play the same verification role as an SSN?

Numbers 45

Numbers eCommerce Compliance Accounting 45

Nerd's Eye View

APRIL 22, 2024

Notably, different affiliate platforms have different payout rates; those that pay out the most (and thus have the lowest fees) tend to cover relatively few functions such as compliance and technology, while those that pay out the least (and therefore have the highest fees) cover a significant amount of the advisor's overhead costs.

Compliance 83

Compliance Leverage Practice Management Numbers 83

CFO News Room

MAY 26, 2022

Authorized shares are the maximum number of shares a company is allowed to issue to investors, as laid out in its articles of incorporation. Outstanding shares are the actual shares issued or sold to investors from the available number of authorized shares. The number of shares actually available to trade is known as float.

Numbers 130

Numbers Compliance Planning Securities 130

PYMNTS

MAY 31, 2016

In the banking industry, the mindset among compliance staff seems to be one where the expectation is to have a new rule governing new rules that govern new rules. In this brave new regulatory world, noted The Journal , traders interact with compliance officers. And the regulations just keep coming. Regulators monitor chat rooms.

Compliance 44

Compliance Banking Accounting Numbers 44

Nerd's Eye View

JULY 14, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that while the new social media app Threads, designed to compete with Twitter, has surpassed 100 million users in its first week alone, its potential utility for advisors remains unclear and has raised compliance concerns for advisors (..)

Compliance 84

Compliance Numbers Planning Investments 84

Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Healthcare 74

Healthcare Construction Practice Management Leverage 74

PYMNTS

DECEMBER 27, 2019

Some states don’t tax certain essentials to make sure they are accessible to those in need, and to avoid placing the burden of public revenue on only a select number of consumers. 100: Minimum number of local tax codes in Alaska. Data: 2018: Year of the Wayfair ruling, which limited retailers’ physical presence to tax-exempting states.

Sales 52

Sales Compliance Retail Numbers 52

CFO News

DECEMBER 12, 2023

India saw the highest number of multi-level-marketing pyramid schemes launched in five years in 2023, according to Strategy India, a policy, compliance and direct-selling consultancy. These schemes, based on money-circulation networks, pay existing investors with funds collected from new ones instead of profits.

Compliance 52

Compliance Numbers Marketing 52

CFO News Room

FEBRUARY 3, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC has issued a risk alert outlining Reg BI-related deficiencies discovered during recent examinations of broker-dealers, from dual-registered advisors not clearly communicating whether they were acting as a commission-based (..)

Education 130

Education Compliance Communication Investments 130