Fintech Review

MAY 14, 2025

Including customer safeguards, monitoring procedures, duration limits, and exit strategies. They collect data, monitor outcomes, and adjust operations in collaboration with the regulator. Startups can adjust based on genuine customer feedback and regulatory scrutiny.

Innovation 52

Innovation FinTech Regulations Cross-Border 52

VISTA InfoSec

OCTOBER 20, 2023

According to the Contingency Plan Policy in HIPAA section 164.308(a)(7)(i) , covered entities must “formulate and execute, as needed, guidelines and procedures to respond to emergencies or other incidents (like system failure, fire, vandalism, or natural disaster) that damage systems containing ePHI.” What is a Contingency Plan Policy?

Disaster Recovery 130

Disaster Recovery Procedures Regulatory Compliance Duplicate 130

M2P Fintech

APRIL 11, 2025

Standardized Gold Valuation: Lenders must establish uniform procedures for assessing the weight and purity of gold collateral, ensuring transparency and consistency across all branches. This includes monitoring the end-use of funds, especially for income-generating loans.

Due Diligence 52

Due Diligence Caps Audit Non-Bank 52

PYMNTS

FEBRUARY 1, 2021

And while adjusting to any kind of change is difficult — especially in a busy doctor’s office — Colabella said the costs of not converting to modern payments processing can be ruinous, given the increasing willingness of patients to walk away from an existing medical relationship. “If You Got This, Doc.

Procedures 107

Procedures Payments Credit Cards BNPL 107

The Finance Weekly

AUGUST 26, 2023

Enterprise Risk Management (ERM) , refers to the systematic procedure of strategizing, arranging, supervising, and managing an , organization's activities with the aim of reducing the negative impacts of risks on its financial resources and profits. What is ERM? It quickly informs about interest rate changes and predicts cost increases.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

PYMNTS

MAY 19, 2020

These include operating with limited store hours, social distancing signage, elevated cleaning procedures, a new returns process, among many others,” Gass said. billion and adjusted diluted loss per share of $3.20 Gass said Kohl’s been working on a plan to follow the newest health and safety measures as its stores reopen.

Returns 94

Returns Procedures Adjustments On-Demand 94

VISTA InfoSec

FEBRUARY 21, 2024

The procedures and methods for limiting access to system components and cardholder data, based on a business’s need-to-know basis, are clearly outlined and comprehended. The allocation and definition of access to system components and data are carried out appropriately. a: This one’s all about verification.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

PYMNTS

MARCH 31, 2020

Walmart, for example, recently announced special shopping hours and cleaning procedures to help with the situation. “We I think every one of us has had to adjust our daily routines in some way, and it’s likely that could continue. Many stores have resorted to having special hours (usually before opening) for seniors. .

Procedures 83

Procedures Adjustments Continuity Posting 83

The Finance Weekly

APRIL 5, 2022

However, one department seems to lag behind when it comes to communication procedures: the finance department. Why then do so many companies continue this time-extensive and inefficient way of using their finance team without significant adjustments?

Automation 130

Automation Finance Financial Analysis Procedures 130

PYMNTS

OCTOBER 17, 2018

The agency has warned that companies subject to the internal accounting controls requirements of Section 13(b)(2)(B) of the Securities Exchange Act of 1934 “must calibrate their internal accounting controls to the current risk environment and assess and adjust policies and procedures accordingly.”. “In

Cybersecurity 76

Cybersecurity Email Compromise Law Enforcement Business Email Compromise 76

PYMNTS

JULY 3, 2020

Such information can help farmers, who normally follow a pre-set procedure in growing food but often find that things don’t go according to plan. TerrAvion helps provide farmers with data to spot such problems and adjust. There is a recipe of when you’re going to plant, when you’re going to fertilize,” Morris said.

Technology 117

Technology API Shutdown Procedures 117

EBizCharge

MARCH 3, 2025

You can then make necessary adjustments to resolve any gaps or discrepancies that may lead to payment delays or poor customer experience. The process for handling chargebacks depends on the payment gateway provider, as each has its own policies and procedures for managing disputes.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

PYMNTS

MARCH 10, 2020

On average, the company claims, individuals can save $545 when they buy procedures through MDsave. The transparency of choosing and paying for procedures online has the ripple effect of creating what Ketchel termed “one true price” for the consumer. The Mechanics And The Bundling.

Procedures 80

Procedures Consumer Adjustments Payments 80

PYMNTS

JULY 29, 2020

” Moreover, he continued, Walmart will monitor the kinds of questions associates are encountering and adjust store operations accordingly. “This alert is utilized when an emergency is near the associate’s store, and advises associates to use lockdown procedures, moving associates and customers to a secure area.”

Procedures 61

Procedures Adjustments Product Continuity 61

Trade Credit & Liquidity Management

MAY 29, 2025

Stay Informed on Regulatory Changes: Monitor global regulatory trends and mandates, such as real-time reporting requirements and clearance models, to proactively adjust processes and technology. This collaboration helps avoid discrepancies and audit risks. In Summary.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

The Finance Weekly

JULY 14, 2024

Key Components of a Long-Range Plan Organizational leaders often develop long-range planning documents to outline goals and procedures. Fragmented Excel models do not support the type of agile, on-the-fly modeling or adjustments that are essential for success in modern planning.

Process 130

Process Procedures Finance Adjustments 130

PYMNTS

JANUARY 13, 2021

The news comes as the pandemic has challenged a number of institutions — like CUs — that have had to adjust to a digital-first economy. Many CUs have since leaned into these initiatives with digital technologies focused on a host of issues like bolstering members’ remote banking access.

Credit Union 69

Credit Union Process Credit Union Service Organization Procedures 69

PYMNTS

JUNE 3, 2020

If the June ride-share levels are comparable to May’s, Lyft said it doesn’t think the adjusted EBITDA rates will exceed $325 million, CNBC reported, noting that the previous estimate was that the rates wouldn’t exceed $360 million. In the wake of Lyft’s filing, shares rose by 4 percent in after-hours trading.

Procedures 72

Procedures Adjustments Governance Government 72

PYMNTS

MAY 8, 2020

As we all adjust to a new normal, we will continue to provide the easy and efficient store experience that Kohl’s customers love, while implementing many new rigorous procedures that prioritize the safety of our associates and customers.”.

Procedures 56

Procedures Adjustments Continuity Accounts 56

EBizCharge

APRIL 7, 2025

In that case, Dynamics GP may not function properly or at all without significant adjustments. Proper data management during migration helps prevent security risks while maintaining streamlined business procedures. Lastly, the migration process itself can be daunting.

Assessments 52

Assessments Risk Security Processors 52

PYMNTS

JANUARY 26, 2021

Management said in an earnings announcement that the drop was mainly fueled by the negative effect of the pandemic and “the associated deferral of medical procedures to our Surgery, Orthopaedics, and Vision businesses.”. All in, Johnson & Johnson reported adjusted earnings per share of $1.86 on sales of $22.5 billion.

Consumer 66

Consumer Procedures Adjustments Product 66

FICO

MARCH 24, 2021

Here are some quick tips to keep you focused on your priorities: Review Risk Assessments and adjust internal controls as needed. Maintain a strong Tone at the Top (“Culture of Compliance”). Set clear and realistic priorities. Exercise caution in dealings with third parties. Developing effective and open lines of communication.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

Nanonets

MAY 22, 2023

Financial controls are the procedures, policies, and means by which an organization monitors and manages its revenues, costs, budgets, cash flow, and other financial aspects. It requires careful planning, regular monitoring, and ongoing adjustments. What are financial controls, and why are they important?

Automation 98

Automation Procedures Audit Process 98

PYMNTS

APRIL 27, 2020

Live Nation Entertainment adjusted its refund rules following weeks of complaints that the firm and its subsidiary, Ticketmaster, were not giving back funds that concertgoers had spent on events pushed back because of COVID-19, The New York Times reported. Concert Tickets . Airline Tickets.

Procedures 52

Procedures Adjustments Process Rules 52

The Paypers

JULY 6, 2022

The Central Bank of Nigeria (CBN) has announced a significant adjustment to the QR Code Framework procedure, allowing both merchants and consumers to pay via QR codes.

Central Bank 36

Central Bank Procedures Adjustments Payments 36

The Payments Association

OCTOBER 22, 2024

The FCA estimated £150.8m (present value adjusted) benefits and £106.2m (present value adjusted) costs from the proposals, leading to a net PV-adjusted benefit of £44.6m over a 10-year appraisal period.

Consulting 88

Consulting Rules Treasury Due Diligence 88

Fintech News

DECEMBER 11, 2023

Which new opportunities might it reveal that necessitate adjustments to strategic direction? Consider Goldman Sachs – its developers are already implementing an AI tool to systematise labour-intensive testing procedures that were previously manual. How extensively will generative AI reshape their value chain?

AI 109

AI SWIFT Financial Crimes Automation 109

EBizCharge

NOVEMBER 21, 2024

To mitigate payment delays and avoid payment interest penalties, understanding the constructive acceptance period and applicable agency procedures can ensure timely and efficient processing. By adhering to the defined payment procedures, businesses can avoid additional penalty payments and maintain smooth financial operations.

Procedures 52

Procedures Mitigation Wire Transfer Payments 52

The Payments Association

JANUARY 29, 2025

Outdated risk assessments, limited awareness of emerging risks, and failure to adjust processes during operational changes, like customer migrations, left gaps that allowed high-risk transactions to bypass scrutiny. Guide operational enhancements and implement technologies to streamline compliance processes.

Financial Crimes 88

Financial Crimes Crime Due Diligence Money Laundering 88

EBizCharge

JULY 1, 2024

This practice helps maintain financial health, especially during economic downturns, by allowing adjustments to conserve cash. Marketing Marketing expenses are often considered discretionary costs as they are typically adjustable.

Adjustments 52

Adjustments Returns Assessments Procedures 52

PYMNTS

MAY 12, 2020

Perhaps the two-week cycle persists due to force of habit, or perhaps it’s the need to design a payroll system that keeps track of workers’ hours in real time while also calculating necessary adjustments for taxes, Social Security, benefits, etc. Industry observers are quick to note: Disrupt or be disrupted.

Payroll 108

Payroll On-Demand Direct Deposit Process 108

PYMNTS

JUNE 16, 2020

That means implementing new social distancing procedures, higher sanitation guidelines and more adjustments like temperature checks, per a set of guidelines put out recently by the U.S. Now, as the world moves to reopen, the hotel industry will have to face the new reality , as reported by PYMNTS.

Contactless Payments 52

Contactless Payments Procedures Adjustments Checks 52

PYMNTS

MARCH 18, 2020

” The chain announced on Wednesday that it’s adjusting its store hours to close daily at 6 p.m., Home Depot says the adjusted hours will enable them to restock shelves and clean. while opening hours will remain unchanged.

Adjustments 64

Adjustments Governance Government Procedures 64

Nanonets

APRIL 24, 2024

This audit aims to verify the accuracy and completeness of the bank reconciliation procedures and ensure that they are conducted in accordance with established accounting standards and regulatory requirements. They assess the adequacy and accuracy of documentation to support the integrity of financial records.

Reconciliation 52

Reconciliation Audit Procedures Correspondent 52

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 64

Enrollments Cost Structure Adjustments Returns 64

PYMNTS

MAY 6, 2020

As the first round of deposits for fall semesters fast approaches, how will the higher education system adjust its pricing strategies, maintain affordability for struggling families and promote its own cash flow viability (that is sure to be disrupted by changing billing structures and lower enrollment rates)?

Enrollments 63

Enrollments Cost Structure Adjustments Returns 63

Nanonets

APRIL 19, 2024

However, without proper oversight and reconciliation procedures, petty cash can be susceptible to misuse, errors, or theft. Adjustments and Corrections : Any discrepancies found during the reconciliation process are investigated, and adjustments are made to reconcile the petty cash account balance.

Best Practices 52

Best Practices Reconciliation Automation Procedures 52