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. percent at full compliance in Europe, while the standing was 39.7 The headline numbers: 52.5

Compliance 53

Compliance Communication Securities Retail 53

CFO Share

JULY 16, 2024

A controller primarily oversees accounting processes, ensuring accurate financial records and compliance with regulations. Purpose of the Role The controller ensures financial reporting compliance and accuracy while preventing and detecting fraud. CFOs must also be excellent communicators.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

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. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Communication Skills. Average salary: $114,832 per year. Insurance Advisor.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

CFO News Room

JANUARY 2, 2023

job market remains tight and the demand for the kind of talent the crypto industry seeks is still high , including for professionals that handle the legal and compliance business at firms. I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? Sam Bankman-Fried.

Compliance 130

Compliance Communication Accounting Currencies 130

PYMNTS

DECEMBER 8, 2020

Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines. Many banks and government regulators have a growing sense of distrust in cryptocurrency exchanges due to this widespread lack of compliance.

Compliance 104

Compliance Communication Leverage Banking 104

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. Compliance Complexities. Orchestrating A Solution.

Compliance 82

Compliance Securities Auditing Retail 82

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. The real challenge is, what do merchants communicate to their customers at the moment? Immediate Challenges.

Compliance 52

Compliance Communication Leverage Securities 52

Nerd's Eye View

JULY 31, 2024

Even firms with robust compliance programs that do a good job following their required policies and procedures can struggle with examinations if they don't have the information that examiners will ask for readily available.

Auditing 88

Auditing Compliance Advertising Communication 88

CFO Talks

NOVEMBER 25, 2024

Pressure to Manipulate Financial Results Example: The board pressures you to inflate revenue projections to secure a loan or attract investors, suggesting it’s “just this once” to meet strategic goals. How to Handle It: Immediately report the matter to the compliance or legal team.

Leadership 98

Leadership Auditing Profit and Loss Compliance 98

PYMNTS

JANUARY 18, 2021

In Munich, employees will be able to enter buildings, make cashless payments and transmit their digital business cards using near-field communication (NFC). The new tech is called the Campeon Card, according to the report.

Manufacturing 108

Manufacturing Compliance Communication Technology 108

PYMNTS

JUNE 26, 2020

In addition to listing single- and multi-family vacant properties on its site — where renters register, are subject to security checks and are matched to properties — the company also offers digital lockboxes and sensors along with online schedulers that help landlords manage their properties.

Compliance 111

Compliance Communication Securities Marketing 111

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Technology 85

Technology Compliance Securities Planning 85

The Charity CFO

MARCH 31, 2023

They are actually useful tools to ensure that an organization is in compliance and can also be used to identify potential problems before they become too big. The IRS does not require nonprofit audits in most cases, however, they may periodically request an audit (examination) or a compliance check.

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

PYMNTS

JULY 30, 2019

Blockchain-based payment system PumaPay has announced the launch of a new cryptobilling solution which has secured PCI (payment card industry) compliance. PullPayment Protocol will enable multiple payment scenarios and all the familiar billing methodologies used with credit cards.

Compliance 49

Compliance Currencies Communication Securities 49

Future CFO

JUNE 10, 2024

Amongst trade transaction stakeholders, MacLennan says digitisation "dramatically improves communication and collaboration." Moreover, increased digitalisation poses cybersecurity risks, necessitating robust security measures and continuous vigilance as trade finance systems become more interconnected and reliant on digital platforms."

Finance 90

Finance Compliance Communication Strategic Planning 90

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

Accountancy Today

MARCH 1, 2023

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. Following the sale Truphone’s new owners will focus on expanding the business’ compliance solutions as well as its eSIM technology.

Corporate Finance 81

Corporate Finance Sales Finance Restructuring 81

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. Developers keen on addressing these concerns must carefully consider how to design and connect their devices to provide reliable, secure performance. Should customers be responsible for their own security? .

Securities 56

Securities Manufacturing Compliance Communication 56

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Technology 75

Technology Compliance Securities Planning 75

Future CFO

DECEMBER 12, 2024

Organisations in Southeast Asia cited security vulnerabilities, including cyber or hacking risks, as a top concern associated with the risk of using artificial intelligence. The post Southeast Asian organisations cite security vulnerabilities as top concern for AI use, study says appeared first on FutureCFO.

Securities 52

Securities Risk Management Auditing Compliance 52

Nerd's Eye View

JULY 31, 2024

Even firms with robust compliance programs that do a good job following their required policies and procedures can struggle with examinations if they don't have the information that examiners will ask for readily available.

Compliance 70

Compliance Advertising Communication Accounting 70

PYMNTS

FEBRUARY 23, 2017

And while financial services is a major are of focus for these companies — using blockchain for solutions like cross-border payments, for example — these players are also exploring how to use the tool for non-financial purposes, like KYC compliance and cybersecurity.

Communication 46

Communication Banking Compliance Technology 46

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Securities 45

Securities Startups Compliance Budgeting 45

CFO Plans

MAY 2, 2024

Assessing Communication and Collaboration Effective communication and collaboration are key to a successful partnership. Look for an accounting partner that values open communication, responsiveness, and proactive problem-solving.

Accounting 52

Accounting Problem Solving Communication Compliance 52

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech. Aegean Baltic Bank Taps Wolters Kluwer Tech.

Banking 69

Banking Treasury Compliance Risk Management 69

Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

IFRS 88

IFRS Technology SAP Compliance 88

The Finance Weekly

JANUARY 1, 2023

In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. The article discusses why compliance and independently verified reports, and SOC reports in particular, are important for a healthy business. Click , here to read.

Finance 98

Finance Compliance Economics Forecasting 98

PYMNTS

JUNE 29, 2020

As Laura Valdespino , director of compliance solutions at ADP , told PYMNTS in a recent interview, using digital channels, and specifically, pay cards, can actually improve the employees’ pay experience over paper-based methods that have been in place for decades.

Compliance 94

Compliance Advertising Budgeting Banking 94

PYMNTS

AUGUST 14, 2020

A second suit is expected to be filed later this month at the High Court of Justice in London England, alleging violations of GDPR and the United Kingdom’s Privacy of Electronic Communications Regulations, which governs the use of personal data for marketing communications, TechCrunch reported.

Nonprofit 78

Nonprofit Communication Advertising Compliance 78

The Charity CFO

APRIL 20, 2023

Donor Tracking: Allows organizations to track contact information, giving history, and communication preferences. How secure is the system? Experience with grant and donor reporting,including compliance with federal and state regulations and reporting to grantors and donors. What specialized features will you need?

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

PYMNTS

FEBRUARY 7, 2019

firms surveyed stated that non-compliance with GDPR could affect their reputations. Some of the heavy lifting of that data sharing may already have been done, noted McLain, as many security aspects of PSD2 are satisfied as long as firms are in compliance with GDPR.

Risk Analysis 76

Risk Analysis Compliance Leverage Securities 76

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. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant.

Securities 52

Securities Accounts Payable Startups Transportation 52

PYMNTS

MAY 10, 2018

For one thing, anonymity is stripped away from ownership structures, boosting security efforts and transparency within the financial realm. It’s no simple task, nor inexpensive; FinCEN estimates that the first year of implementation will mean $250 million will be spent on compliance efforts alone.

Compliance 40

Compliance Treasury Communication Technology 40

Global Finance

JUNE 6, 2024

Corda R3 Innovation: Digital Asset and Crypto Banking Offering Company: BBVA Switzerland The crypto- and digital-asset market is filled with friction and security risks. China’s securities depository, China Central Depository & Clearing Co.

Construction 90

Construction Compliance Cash Management Treasury 90

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. Data Security and Privacy: Both the CFO and the accounting firm should prioritize data security and privacy.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

SEPTEMBER 22, 2016

Part of the problem, says Pegasystems Senior Director of Risk, Compliance and Onboarding for Financial Services Reetu Khosla, is that KYC and other regulations change so frequently and are so numerous that it’s a major undertaking to remain compliant. .” On Tuesday (Sept.

Banking 75

Banking Compliance Prioritization Auditing 75

CFO News Room

DECEMBER 3, 2022

This increased demand could be particularly acute among younger investors (who might be experiencing an inflationary environment and sustained market downturn for the first time) and those nearing retirement (who might seek professional guidance to ensure their retirement plan is secure). And according to C.

Communication 130

Communication Investments Planning Marketing 130