Category: Regulatory & Compliance
Navigating the Era of Cybercrime as a Service
Just as banks are digitally transforming their operations, criminals have digitally transformed the way they rob banks. No longer does a crook walk into a bank branch with the hope of getting away with thousands....
To Glimpse the Future of Payments, Look at APAC Today
Asia Pacific (APAC) is playing a key role in the exciting journey to digitization, especially in the consumer payment space. This dynamic region spans huge distances, with many countries and multiple currencies. Asia Pacific has...
The Future of Global Payments and Banking: What Are the Experts Saying?
Bottomline Technologies recently released its second annual look into the future of global payments and banking. The eBook, sponsored by Visa and the Fintech Power 50, is a treasure trove of insights and predictions from...
Open Banking in the U.S.: Ready for Business? Part 1
Part 1: What is Open Banking? Conversations about open banking abound today, but comparatively few about open banking in the U.S. and the impact it will have. Primarily regulation-driven open banking initiatives in the U.K.,...
Open Banking in the U.S.: Ready for Business? Part 2
Part 2: What Challenges Will Be Faced? So what difficulties will open banking in the U.S. pose for financial institutions and beyond? Challenges include a relatively complex regulatory environment, with both state and Federal-level components;...
The Securities Settlement Process – What Does the Future Hold?
Change Is Just Around the Corner With so much movement in the securities settlement process landscape and new regulations on the horizon, it can be hard for Asset and Wealth managers to keep up. Especially...
Compliance, Fraud & Sanctions: The Escalating Impact on Business
KNOWING THE RISKS Compliance, fraud, and sanctions continue to be top of mind for payments professionals. When it comes to mitigating fraud risk, cyber attack is top of the list. Just over three quarters (78%)...
New Payment Services: The Threat of Tech Giants
The first 4 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, new banking and payment services and the latest fraud prevention measures to combat fraudsters. This...
Payments Insights: Driving Payment Efficiency
LATE PAYMENTS REMAIN A CHALLENGE For the last couple of years, we have been investigating the issue of late payments. In 2017, a slow payer ethic emerged as the biggest obstruction to getting paid on...
Don’t Get Caught Unprepared: Money Laundering Controls and Regular Sanctions Screening Are No Longer Nice to Have, but Necessary
National Cybersecurity Awareness Month (NCSAM) was established 16 years ago as a collaborative effort between government and industry to bring into focus the necessity of cybersecurity prevention measures and raise awareness about the options and...