PYMNTS

JULY 1, 2020

The Office of the Comptroller of the Currency (OCC) said in a report this week that it will examine how the coronavirus is impacting compliance by financial institutions (FIs). Additional steps may be necessary to properly segment and secure bank networks if employees use personal devices to connect to bank systems,” the OCC wrote.

Compliance 66

Compliance Banking Currencies Financial Systems 66

PYMNTS

DECEMBER 18, 2018

Now comes a comic book contribution to one of the most vexing and vital issues of modern payments and commerce — fraud prevention and ID compliance. 18) that is has released a free comic and coloring book entitled “ The Adventures of ID Man and Compliance Kid.”. Compliance, too, could become a juicer in the near future.

Compliance 61

Compliance Education Securities Currencies 61

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. This partnership ensures that the SOV will be built on a scalable and secure platform.”. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring.

Currencies 67

Currencies Planning Compliance Securities 67

Global Finance

MARCH 5, 2025

With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs and risks. Stokes, Quantas Capital: There is no silver bullet to the compliance challenges the region faces.

Banking 52

Banking Compliance Treasury Finance 52

PYMNTS

DECEMBER 9, 2020

The accelerated growth of USDC over the course of this year is the result of our active work to establish an open standard for fiat digital currency on the internet,” Puth said in a statement. Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

Currencies 103

Currencies Treasury B2B Compliance 103

PYMNTS

MARCH 24, 2017

The tricks of the trade may have been limited to cash once upon a time, but now there is an ecosystem in place that allows things to happen beyond the realms of physical currency and transactions. Compliance is also becoming an enterprise-wide endeavor, and compliance officers must adopt a global mindset.

Compliance 62

Compliance Currencies Technology Banking 62

PYMNTS

JANUARY 28, 2020

In the latest PYMNTS AML/KYC Tracker®, we learn that crypto is increasingly being defined as a security, not a currency – but either way, it’s getting a lot more scrutiny. It’s all detailed in the PYMNTS January 2020 AML/KYC Tracker ®, a collaboration with verification solutions firm Trulioo. Know Your Criminals.

Compliance 60

Compliance Securities Currencies Finance 60

Global Finance

SEPTEMBER 25, 2024

Regulatory shifts, such as Instant Payments and ISO20022 migration, mandate enhanced compliance and speed. SP: Specific challenges in CEE’s international transactions include currency volatility, regulatory compliance, and the need for speed and transparency.

Banking 98

Banking Cash Management Compliance Currencies 98

CFO News Room

FEBRUARY 3, 2022

Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. Overall LTCG on unlisted securities is now 23.92%, as opposed to 28.5% By Srinath Srinivasan. This is a Digital India budget.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

PYMNTS

OCTOBER 14, 2020

As much as Bitcoin and other cryptocurrencies have attracted scrutiny from the Department of Justice and still lack mainstream acceptance, Voyager’s portfolio of so-called “stablecoins” (which are linked to an underlying currency such as the U.S. Ehrlich said stablecoins, including the U.S. Establishing Trust And Confidence.

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

Future CFO

SEPTEMBER 2, 2024

AI-powered ERP systems can help address regional challenges such as complex regulatory environments, diverse currencies, and rapidly changing market conditions by providing more agile and responsive financial tools. At Oracle, we run our applications on a single Oracle Cloud Infrastructure that offers enterprise-grade security,” he adds.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

https://trustedcfosolutions.com/feed/

JUNE 14, 2022

Cloud-based Accounting Solutions deliver the deepest and broadest accounting capabilities across the board, from payroll and HR to inventory tracking, tax filings, and currency conversions across multiple industries, designed to scale your organization and accelerate your business success. Secure access to key data from any place at any time.

Accounting 98

Accounting Compliance Currencies Securities 98

PYMNTS

NOVEMBER 10, 2020

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc. The Demographics — And Digital Fiat .

Currencies 129

Currencies Leverage Securities Banking 129

PYMNTS

FEBRUARY 21, 2020

As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states. Mosier returns to FinCEN from Chainalysis, the digital currency analytics, investigations and compliance company, where he served as chief technical counsel.

Treasury 100

Treasury Leadership Compliance Securities 100

Global Finance

OCTOBER 16, 2024

Lim Soon Chong , Group Head of Global Transaction Services, DBS As financial institutions seek to expand their cross-border payment capabilities, the challenge lies not only in scaling to new corridors but also in managing the complexity of currency volatility and compliance.

Currencies 105

Currencies Economics Leadership Banking 105

PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place. Plugging In To Plugins.

Compliance 53

Compliance Education Currencies Marketing 53

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Everything happens in an extremely secure environment,” she said.

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

OCTOBER 18, 2018

In July, reports in the Financial Times said Switzerland is working to open the nation’s traditional corporate banking market to cryptocurrency companies finding it difficult to get banked, thanks to fears over anti-money laundering (AML) violations and other compliance issues. “Time is pressing,” he said.

Banking 85

Banking Planning Currencies Startups 85

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. And Australia’s government has decided to exclude digital currencies from new restrictions on cash payments.

Compliance 49

Compliance Currencies Communication Securities 49

PYMNTS

JUNE 27, 2018

Digital money platform Uphold announced that it has reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. If the deal is finalized, Uphold’s compliance footprint will be expanded, as well as its customer base and service offering.

Securities 43

Securities Currencies Compliance Sales 43

https://trustedcfosolutions.com/feed/

JULY 19, 2022

An all-in-one cloud-based, integrated system that helps you streamline your business processes, streamline payment processing, increase efficiency, and allow secure access to your critical data from any place at any time while helping you accelerate your time to close. Real-Time Visibility For Wealth Management, Securities & More.

Accounts Payable 113

Accounts Payable Auditing Accounting Securities 113

PYMNTS

OCTOBER 16, 2020

Moving money from one currency to another sounds like it should be pretty straightforward, especially in an era where moving money is basically moving bits of information across the internet,” Lembo said in a recent interview with PYMNTS. “It Staying Secure. Kicking Free Of Correspondent Banking.

Foreign Exchange 85

Foreign Exchange Compliance Currencies Banking 85

PYMNTS

FEBRUARY 22, 2019

Office of the Comptroller of the Currency (OCC), over deficiencies that the OCC identified in the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. The office recently examined the branches for BSA/AML and Office of Foreign Assets Control (OFAC) sanctions compliance. On Wednesday (Feb.

Compliance 43

Compliance Banking Currencies Securities 43

Future CFO

DECEMBER 13, 2020

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 The average value of enforcement actions against financial institutions for AML related compliance breaches is 44% lower than in 2019. million in 2019 to US$5.1 Meanwhile, penalties have totalled US$10.4 Global finding highlights.

Compliance 52

Compliance Banking Currencies Accounting 52

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based.

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations .

Compliance 75

Compliance Currencies Leverage Finance 75

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. earlier this month.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

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 109

Construction Compliance Cash Management Treasury 109

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

SEPTEMBER 29, 2017

Through its Platform Payouts product, PingPong aims to reduce both the time and costs for Chinese internet sellers to receive international payments from eCommerce platforms in their local currency. It is the sole payment platform to focus exclusively on repatriating eCommerce revenue to China.

Securities 51

Securities eCommerce Compliance Startups 51

PYMNTS

OCTOBER 6, 2020

In explaining the relationship amid the parties, she said Monneo acts as the “bridge” that serves up the infrastructure that can help other stakeholders handle the continuing surge of online payments while handling some of the regulatory and compliance processes tied to PSD2. and FX Payments in 134 currencies.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. And in the land of cryptos, in China , the crackdown on digital currencies continues.

Compliance 40

Compliance Budgeting Currencies Securities 40

PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. In other news, Robinhood got the green light to trade seven digital currencies — such as bitcoin and litecoin, among others — in New York state, Reuters reported.

Securities 49

Securities Currencies Healthcare Auditing 49

PYMNTS

MAY 22, 2019

Faced with a growing number of transactions to process in real time, payment service providers (PSPs), financial institutions (FIs) and FinTech firms also need to make sure the security of these smarter payment systems is up to par. Regulators in Ghana and Uganda are exploring changes to their remittance rules to keep payments secure.

B2B 72

B2B Compliance Securities Banking 72

PYMNTS

AUGUST 14, 2019

The second was the rise of cryptocurrency (though during his remarks he tended to refer to it as Convertible Virtual Currency or CVC). It concerns me when I hear about some compliance budgets being cut by casinos looking to trim costs and retain gamblers,” he noted. Mobile Gaming And Digital Currency .

Compliance 65

Compliance Currencies Financial Systems Securities 65

PYMNTS

NOVEMBER 4, 2020

Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. The ledger, tied to blockchain, allows banks to exchange data about payments, resolve compliance inquiries and validate accounts. The conversation took place against the backdrop where, late last month, J.P. Liink, J.P.

Healthcare 131

Healthcare Compliance Currencies Banking 131