PYMNTS

AUGUST 13, 2020

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

JANUARY 22, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks.

Securities 85

Securities eCommerce Compliance Banking 85

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.

Mergers and Acquisitions (M&A) 57

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

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.

Compliance 52

Compliance Communication Leverage Securities 52

Nerd's Eye View

NOVEMBER 6, 2023

Welcome to the November 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Valuation 83

Valuation Compliance Practice Management Technology 83

PYMNTS

OCTOBER 19, 2020

However, the sheer number of cross-border payments belies the challenges that individuals and companies face when conducting them. A recent survey found that one-third of businesses were worried about cross-border payments fraud, while 26 percent expressed data security concerns.

Technology 77

Technology Securities Treasury Banking 77

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. As technology advances, the threat to digital security and identity protection becomes greater, forcing regulations to quickly adapt. Compliance Decoded. Why Compliance Is Going Social.

Compliance 76

Compliance Leverage Technology Securities 76

PYMNTS

APRIL 4, 2019

Credit union (CU) associations and service providers are pushing for the adoption of technology to help with security and compliance. million: Number of credit union members in the U.S. And on Wednesday (April 3), Austin-based cookware startup Made In announced it had closed a seed funding round. All this, Today In Data.

Technology 46

Technology Prioritization Compliance Startups 46

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

Technology 94

Technology Banking Investments Compliance 94

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Securities 77

Securities Compliance Technology Retail 77

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S. How To Quickly Fight KYC Fraud.

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Orchestrating A Solution.

Compliance 82

Compliance Securities Auditing Retail 82

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

Accountancy Today

MARCH 1, 2023

Following the sale Truphone’s new owners will focus on expanding the business’ compliance solutions as well as its eSIM technology. FRP Corporate Finance has advised on the pre-pack sale of Truphone Limited, a global mobile communications company, to TP Global Operations Limited, in a transaction that saves around 450 jobs.

Corporate Finance 81

Corporate Finance Sales Finance Restructuring 81

CFO News Room

JANUARY 8, 2023

Leaders will have to search for ways to do more with less, find value where innovations overlap, and strategically invest in technologies that are hitting a tipping point. A group of McKinsey’s technology practice leaders have taken a look at what 2023 might hold, and offer a few new year’s tech resolutions to consider.

Budgeting 130

Budgeting Securities Economics Technology 130

CFO Thought Leader

APRIL 16, 2024

Kicking off his career fresh out of school, Udit Tibrewal joined the audit practice of PricewaterhouseCoopers (PwC) in New Delhi, where he set about learning the intricate workings of financial compliance. The shift from New Delhi’s familiar chaos to New York’s dynamic hustle coincided with a widening of Tibrewal’s finance lens.

CFO 52

CFO Auditing Prioritization Compliance 52

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. Chief Compliance Officer. According to the U.S.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

OCTOBER 15, 2023

The 2024 Global Digital Trust Insights survey revealed that generative AI is opening frontiers in the area of cyber security, with 69% of executives asked saying they will use the technology for cyber defence in the next year. Generative AI for cyber security For defence. To secure innovation.

Compliance 52

Compliance Securities Technology Numbers 52

Future CFO

DECEMBER 11, 2023

In utilising automation to link returns using a tax ID number, an organisation's staff doesn’t have to make the same changes across multiple documents. With cloud-based technology, the company have the ability to share data and documents directly and securely. Collaborate in real-time with clients. Detect inaccuracies.

Compliance 52

Compliance Leverage Finance Accounting 52

Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Practice Management 82

Practice Management Education Compliance Investments 82

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Practice Management 76

Practice Management Compliance Investments Numbers 76

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 57

Technology Economics Compliance Banking 57

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

CFO Thought Leader

APRIL 11, 2023

Read More Unlike many of his Lehman colleagues, Chrnelich was able to find a silver lining in Wall Street’s economic turmoil—in his case, this took the form of employment as CFO of a technology business created by NYSE to serve Wall Street clients. Over the past several years, we’ve grown through a number of acquisitions.

CFO 52

CFO Communication Numbers Finance 52

CFO Leadership

JANUARY 25, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

PYMNTS

OCTOBER 5, 2020

Financial institutions (FIs), payment providers and FinTechs are deploying numerous technologies to keep money launderers away, including artificial intelligence (AI) and data analytics. Two-thirds of customers also felt that companies’ account security measures were subpar. Developments Around The AML/KYC Space.

Compliance 56

Compliance Prioritization eCommerce Leverage 56

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. These technologies are presenting increasing demands on local networks as more devices fill homes, causing aggravating performance lags. This topic has been a major concern for the Z-Wave Alliance developer consortium.

Securities 56

Securities Manufacturing Compliance Communication 56

CFO Leadership

JANUARY 5, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov.

Securities 52

Securities Accounts Payable Startups Transportation 52

Future CFO

OCTOBER 4, 2023

But although accountants are optimistic on said digital developments , the professionals still see the main benefit of technology as offering efficiency and process improvements. In the survey, 52% of the respondents ranked efficiency, internal process optimization or cost savings in their top three objectives in adopting a new technology.

Accounting 52

Accounting Compliance Leverage Technology 52

Future CFO

OCTOBER 1, 2023

However, the technology’s limitations introduce several real challenges to this objective, leading Gartner to consider it at a peak of inflated expectations. CFOs should partner with senior technology leadership (e.g., This discussion must also include the potential impact to the workforce, company culture and necessary training.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients.”.

Compliance 139

Compliance Leverage Accounting Planning 139

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. Automating Compliance. Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. consumer purchases made with cash.

Compliance 91

Compliance Entertainment Auditing Banking 91

PYMNTS

NOVEMBER 6, 2018

PCI compliance is vitally important for businesses that process credit cards. The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Gearing up for GDPR.

Compliance 71

Compliance Securities Numbers Technology 71

PYMNTS

MARCH 17, 2020

Drilling down a bit, Caldeira said that the speeds of money transfers themselves are increasing across any number of use cases and verticals, and crossing borders with growing frequency. Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels.

Foreign Exchange 91

Foreign Exchange Compliance Securities Startups 91

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. CA Technologies’ Roadmap.

Securities 42

Securities Technology Banking eCommerce 42