Category: Regulatory & Compliance

compliance, fraud, and sanctions

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%)...

/ November 18, 2019
tech giants

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...

/ November 11, 2019
driving payments efficiency

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...

/ November 4, 2019
money laundering and sanction screening

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...

/ October 28, 2019

New Payment Services: Financial Fraud Prevention Measures

The first 3 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, and new banking and payment services resulting from the recent regulatory requirement entrants. This 4th...

/ October 7, 2019
open banking and psd2

Open Banking and PSD2: What’s the Difference and Why Should You Care?

With an unprecedented amount of change happening in the payments landscape, it can be difficult for organizations to navigate the various ways that new payment requirements like Open Banking and PSD2 will change how businesses...

/ September 16, 2019
payments neira jones

What is the Future of Payments Regulations?

Is Facebook’s Libra a cat amongst the pigeons? Unless you’ve been on another planet, you can’t have missed that on June 18th 2019, Facebook launched Libra. Whether Libra is a cryptocurrency or not, uses a...

/ July 9, 2019
Anti-money laundering beneficial ownership

Opinion: House Anti-Money Laundering Bill Reform Threatened as Beneficial Ownership Registry Creation Tabled

The world of anti-money laundering beneficial ownership regulations has seen its ups and downs as of late. As of May 11 when the Financial Crime Enforcement Center (FinCEN) issued its “Customer Due Diligence Requirements for...

/ July 17, 2018
SWIFT Customer Security Programme

Meeting the Requirements of the SWIFT Customer Security Programme

With the January deadline for self-attestation to the SWIFT Customer Security Programme (CSP) in the rear view mirror, members of the Swift community find themselves at various levels of compliance. On the whole, many organisations...

/ April 9, 2018
Choosing the Right Anti-Money Laundering Provider

Choosing the Right Anti-Money Laundering Provider: Getting the Answers You Need to Make a Smart Choice

A lot of change is affecting the banking industry, which is always followed by new and tougher regulations, often related to anti-money laundering. In January alone a regulation was discussed by the Senate regarding a...

/ March 19, 2018