PYMNTS

NOVEMBER 30, 2020

WatchDOG AML is a “holistic” anti-money laundering ( AML ) solution that works to prevent financial crime by “identifying suspicious activity in real time with an enterprise transaction monitoring system,” the companies said in a statement on Monday (Nov.

Risk Management 63

Risk Management Compliance Financial Systems Leverage 63

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

Financial Systems 54

Financial Systems Startups Treasury Banking 54

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

SEPTEMBER 23, 2019

Credit scoring and analytics company FICO is launching the FICO Falcon X and the FICO Financial Crimes Studio to help data scientists leverage artificial intelligence (AI) technology to help with the detection of financial crimes, according to a release by the company.

Compliance 52

Compliance Leverage Financial Systems Finance 52

PYMNTS

FEBRUARY 22, 2018

In a move to strengthen its digital money platform with secure payment applications, Uphold has acquired Cortex MCP. Cortex’s mobile-centric, closed-loop payment and secure tokenization solutions provide industry-leading technologies and security to our platform,” Uphold COO William Dennings said in the announcement.

Currencies 43

Currencies Financial Systems Leverage Securities 43

PYMNTS

JUNE 30, 2017

Things that run the gamut from being more or less variations on existing database technologies to things that are really sci-fi and exciting but very different than anything that is out there right now,” he explained. Also important, he added, is resisting the tendency to attempt to boil the ocean in response to an emerging technology form.

B2B 77

B2B Currencies Banking Leverage 77

PYMNTS

JUNE 5, 2018

Di Gang, deputy head of the digital currency research lab at the People’s Bank of China, told media outlets that his department has “completed the infrastructure of a system that issues digital checks based on a blockchain with smart contracts technology.” If it gets cashed, they can see that. ”

Currencies 44

Currencies Financial Systems Leverage Banking 44

PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

Banking 42

Banking Technology B2B Financial Systems 42

PYMNTS

MARCH 4, 2020

You also have the option to go out into the legal system and figure out how to get some leverage, and actually compel them to treat you like a human being.”. Its new business model doesn’t charge upfront, but gets a 20 percent commission if it is successful in securing a settlement. There is technology involved as well.

Financial Systems 52

Financial Systems Leverage Startups Securities 52

PYMNTS

JULY 26, 2017

As cyberattackers deploy more aggressive tactics, corporate banking firms have to respond with heightened cybersecurity measures to ensure confidence in the nation’s financial system, the OCC warned. As is often the case with banks, risks of non-compliance remain high, the OCC noted.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

OCTOBER 14, 2016

Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies. But Takach is confident that the law will catch up with technological innovation. Bitcoin regulation, as Turkey is emphasizing, is a bane in bitcoin’s behind.

Currencies 77

Currencies Banking Financial Systems Technology 77

PYMNTS

JANUARY 7, 2020

Planes may fall out of the sky, the financial system may be crippled, the energy grid may go dark — actually, it’s likely that none of this will come to pass. In the coming cyberwar with Iran, the U.S. may get hit hard. In a match-up with the U.S., Whatever Iran does,” said Visner, “they don’t want this to be out of control.

Nonprofit 58

Nonprofit Financial Systems Leverage Numbers 58

PYMNTS

MAY 31, 2018

The success of a standard system remains dependent on its adoption across the financial services space, however. If enough financial system stakeholders don’t adopt and embrace a standard system of working together, it won’t matter how fast or safe payments get, he said. Putting a Standard in Place.

B2B 40

B2B Financial Systems Leverage Securities 40

PYMNTS

DECEMBER 30, 2020

Massachusetts securities regulators recently sued the company , alleging that it exposes investors to “unnecessary trading risks” and prompts inexperienced investors to trade frequently through the “gamification” of stock-market investing. Robinhood denied the charges, but recently agreed to pay $65 million to settle U.S.

Marketing 79

Marketing Valuation B2B Currencies 79

PYMNTS

OCTOBER 10, 2016

Also netting praise was the quick-charging technology that allows the phones to run for over seven hours on 15 minutes of charge (though the loss of wireless charging was bemoaned) and the 12.3-megapixel megapixel camera. The most lauded upgrade, however, was Google Assistant, available with a long press of the on-screen home button.

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. In 2011, the U.S.

Accounting 48

Accounting Banking Financial Systems Retail 48

CFO News Room

NOVEMBER 18, 2022

To understand it, you have to go back to before the crisis was apparent to everyone — both during the Great Depression and during the 2008 financial crisis. Back before it became apparent that a financial crisis was happening, there was an immense amount of leverage in the banking system over which Bernanke had a responsibility to regulate.

Banking 100

Banking Economics Leverage Currencies 100

PYMNTS

SEPTEMBER 21, 2020

The reality of the global financial system is that there will always be attempts to launder money and evade sanctions; the responsibility of banks is to build effective screening and monitoring systems, and we work closely with regulators and law enforcement to bring perpetrators to justice.”.

Banking 139

Banking Leverage Compliance Currencies 139

PYMNTS

AUGUST 7, 2019

Based on the flurry of consumers scrambling to get their $125 settlement from Equifax , data security is an issue with far-reaching consequences. The benefits of digital IDs might seem apparent – especially among financial institutions – but consumers aren’t fully on board yet. PYMNTS’ Digital Identity Lifestyle Capsule found that 45.2

Securities 74

Securities Healthcare Financial Systems Accounting 74

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

NOVEMBER 8, 2022

Railways were this revolutionary technology that was going to change the world, going to change civilization, the speed with which people — roughly at the same time, remember Mary Meeker of Morgan Stanley — RITHOLTZ: Sure. But he said — he says that you need positive carry for the financial system to carry on making loans.

Valuation 56

Valuation Finance Investments Banking 56

Barry Ritholtz

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. 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. technology, that was something to ride for a while.

Mergers and Acquisitions (M&A) 56

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

PYMNTS

OCTOBER 16, 2017

Innovators also find new use cases for these new currencies, including Initial Coin Offerings (ICOs), to raise money to fund innovation outside of the realm of existing securities regulation. Bitcoin’s core principle of anonymity is anathema to operating a safe and secure global financial system. At least I hope so.

Currencies 71

Currencies Concentration Financial Systems Investments 71

PYMNTS

AUGUST 12, 2019

Existing infrastructure that enables these innovations is cheap, secure and efficient – and ubiquitous for innovators who want to launch those products as well as the corporates that want to use them. financial system. Assuming, of course, that they still have a choice in 2024 to connect to it or not.

Banking 78

Banking Investments Accounting Leverage 78

PYMNTS

APRIL 26, 2018

PayPal CEO Dan Schulman told investors that the company is committed to making sure that growth hits everyone — particularly those who are currently shut out of traditional financial services markets. “We Consumers can also add direct deposit services to their account or leverage mobile check cashing. “It

Accounting 51

Accounting Banking Forecasting Financial Systems 51

PYMNTS

OCTOBER 1, 2018

Yet, what’s amazing to me is that we are still, as an industry, talking about it — bitcoin, now crypto, blockchain — as if its potential to revolutionize our global financial system, and the way money moves between parties around the world, is just around the corner. But as the salvation of our global financial system, not even close.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

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. In other words, pay no attention to the notion that voice assistants are these clunky, friction-filled technologies that have reached their peak. They’ll have to.

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. To do so, OnPlan easily integrates with several ERP, HCM, and CRM systems. So, what is the best FP&A software?

Financial Planning and Analysis (FP&A) 52

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