The Fintech Times

MARCH 18, 2024

Calvin Ayre, venture capitalist and founder of Ayre Group, a global enterprise supporting real estate projects, businesses, and technologies, shares insights centred on the BSV Blockchain’s Teranode scaling solution. However, Teranode is not some whiteboard mirage that teases a technological paradise that never gets any closer.

Blockchain

VISTA InfoSec

MAY 24, 2024

Information Security Management System (ISMS) Internal audit under section 12.1.1 Ensure the Merchants and Service Providers have filled the PCI Self-Assessment Questionnaires (SAQs) to comply with the PCI DSS requirements. It must be done weekly and/or after significant changes in the systems and applications. of PCI DSS.

PCI DSS

Nanonets

AUGUST 1, 2023

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. These audits are essential for ensuring compliance with laws and regulations, as well as maintaining accurate and timely financial reporting and data collection.

Audit

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit

FICO

MARCH 6, 2020

We offer best-in-class multi-tenant capabilities (including multi-language, multi-currency), detailed audit trails, and electronic, automated regulatory reporting and filing in any required format. Technology has the power to significantly improve compliance efficiency, reduce costs, add brand value, and increase the customer experience.

Financial Crimes

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Audit

Fintech Review

JUNE 18, 2024

Using modern technology not only improves financial data accuracy but also frees up fund managers to focus more on strategy. Back Office Duties in Fund Management In the fund management space, back office duties include trade processes, technology stacks, and staff that manage day-to-day administrative work.

Reconciliation

PYMNTS

DECEMBER 4, 2018

The group is focused on growing the understanding of the technology and highlighting the “true nature” and potential of blockchain technology, reported The Next Web. The summit drew global blockchain players who discussed the role the technology can have in transportation, healthcare, governance and other use cases.

Blockchain

VISTA InfoSec

FEBRUARY 28, 2024

Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). Terminology update to reflect broader authentication technologies. Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators.

PCI DSS

VISTA InfoSec

JULY 31, 2023

By following the steps outlined in the checklist, businesses can take a comprehensive approach to security measures and access controls, and respond to new threats posed by technological advancements. These measures include: Keep Antivirus Up-to-Date : Keep antivirus up-to-date in the cardholder information technology ecosystem (i.e.,

PCI DSS

PYMNTS

DECEMBER 26, 2018

Patent and Trademark Office, which describe the use of blockchain technology to enable high-volume B2B transactions and enable digital signatures on individual payments. “The industry comes back down to earth on Amazon QLDB [Amazon Quantum Ledger Database] a bit.

Blockchain

PYMNTS

MARCH 6, 2019

However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data.

Treasury Management

PYMNTS

JANUARY 26, 2018

The solution can also safeguard information linked to compliance, auditing and regulatory review, the company noted. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

Blockchain

Segpay

OCTOBER 22, 2024

Blockchain technology offers a solution to these concerns, enabling age verification without collecting or storing sensitive data in a centralized database. Jumio : Incorporates blockchain technology for secure, compliant identity and age verification in digital platforms.

Verification

Segpay

DECEMBER 13, 2024

In identity management, this right is challenging, particularly if a users information is stored in various authentication databases. Technologies like artificial intelligence, blockchain, and privacy-enhancing technologies (PETs) may play an increasing role in balancing identity management with data privacy.

Privacy

Fintech News

MAY 22, 2024

Over the past years, financial crime tech has risen to prominence, driven by increasing complexity and frequency of financial crimes, stricter regulations and compliance requirements, and technological advancements. The study, which surveyed nearly 50,000 people from 43 countries, found that 25.5%

Financial Crimes

Finovate

SEPTEMBER 18, 2024

The partnership will integrate ID-Pal’s AI-powered identity verification technology into CLOWD9’s payment solutions portfolio. Courtesy of the partnership, CLOWD9 will offer ID-Pal’s AI-powered identity verification technology via its payment solutions portfolio.

Fraud Detection

PYMNTS

JUNE 4, 2019

The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a report by VentureBeat. Also, a group of senators sent the FBI a letter last year addressing the importance of regular audits.

FBI

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management

The Payments Association

MARCH 19, 2025

A modular polyglot architecture, where banks adopt a diverse ecosystem of technologies, for example, relational databases for transactions, NoSQL for real-time data, and distributed ledgers for auditability, offers strategic response. A polyglot, modular design with a skinny core is more than a technological shift.

Non-Bank

PYMNTS

NOVEMBER 23, 2016

I think Goldman Sachs leaving R3 demonstrates both the opportunity for the bank to develop blockchain technology for internal use ahead of their peers as well as the challenges of banks working together using peer-to-peer payment solutions,” said Anthem Blanchard, CEO of Anthem Gold, a peer-to-peer blockchain metal company based in Austin.

Blockchain

PYMNTS

APRIL 28, 2019

And it’s not just these researchers that believe the technology is flawed.

Law Enforcement

VISTA InfoSec

JULY 5, 2023

Personal health data, a compilation of information related to a patient such as their Names , Birthdates , Social Security Numbers , and other medical record data , is used to identify their medical history and records stored in a database. As technology keeps advancing, security standards do too. million people.

PCI DSS

CB Insights

NOVEMBER 2, 2017

To meet the need for better and more efficient regulation of businesses, especially for financial firms, an emerging crop of regulatory technology startups are building tools aimed at helping companies improve compliance, mitigate risk, and streamline processes. Key takeaways. Investments to regtech startups are on pace for a record year.

Compliance

CB Insights

JANUARY 4, 2018

But as with many things in technology, change comes gradually and then suddenly. And in trading, there are another set of EAAS companies trying to replicate and improve human cognition with quantitative trading technologies. Another EAAS technology company in the space is Narrative Science. STATE OF AUTOMATION REPORT.

Automation

PYMNTS

NOVEMBER 29, 2018

Amazon Web Services (AWS) is rolling out two new solutions designed to enhance the transparency of corporate transactions for companies that have full audit requirements. ” He spoke at the firm’s re:Invest conference on Wednesday, when the products were announced, separate reports in CNBC said. .”

Blockchain

The Fintech Times

JANUARY 5, 2024

With adoption trends suggesting that these numbers will only increase throughout 2024, it begs the question, how will the technology evolve over the year? AI-driven by key players David Sewell, CTO, Synechron For emerging technologies to succeed, they must be adopted by figureheads of an industry, and the financial sector is no different.

AI

CB Insights

MARCH 21, 2018

While technology has permanently changed entire industries wholesale over the past decade, the multi-trillion-dollar global insurance industry in many ways, is still stuck in the past. Enter blockchain technology, a cryptographically secured form of shared record-keeping. million diamonds using blockchain technology.

Blockchain

VISTA InfoSec

JANUARY 22, 2024

d Check a sample of audit logs to confirm PAN is unreadable or not present. b Check data repositories and audit logs to confirm PAN is unreadable. With remote-access technologies, technical controls prevent PAN copying or relocation, except for authorized personnel with a legitimate business need. New requirement: 3.5.1.2

PCI DSS

PYMNTS

NOVEMBER 3, 2017

In a statement, the company’s CEO David Safaii said the funding will be used to support its existing clients, focus on its “technology roadmap” and scale to meet increased demand for such cloud-based app and data protection. Based in Finland and with offices in California, MariaDB offers enterprises an open source database solution.

B2B

Nanonets

JULY 4, 2023

Hyperautomation was rated the number one technology trend for 2021 by Gartner, the IT research and advisory firm. Hyperautomation provides a framework for the strategic deployment of various automation technologies separately or in tandem. Let us see what hyperautomation is, and how it stands in benefitting any enterprise.

Payment APIs and Integration

The Finance Weekly

APRIL 13, 2024

Drill-down and audit control allow each finance team to understand and control every aspect of their budget and forecast. Key Features Regularly updated tax tables and regulation database. Added protection with Audit Defense included at no extra cost. Added protection with Audit Defense included at no extra cost.

Finance

Nanonets

FEBRUARY 27, 2024

By leveraging the power of technology, businesses can streamline their financial reporting processes, reduce the risk of errors, and save valuable time that can be better spent on core business activities. The Compliance Cruise Control:  Continuous, automated audits make life easier. Why is it important ? Look no further!

Automation

Nanonets

SEPTEMBER 18, 2024

Financial document automation uses technologies like advanced Optical Character Recognition (OCR), Artificial Intelligence (AI), and Machine Learning (ML) to streamline these processes.  They are responsible for vendor payments, maintaining transaction records, auditing, taxation, and regulatory compliance.

Automation

Nanonets

AUGUST 23, 2023

AI in document processing refers to the use of Machine Learning (ML), Natural Language Processing (NLP), and Optical Character Recognition (OCR) technologies to automate data extraction, categorization, and validation from documents. It could be exporting the data to your ERP or CRM system or updating your databases.

Process

CB Insights

FEBRUARY 21, 2019

While historically a “pen and pencil” business, technology has begun to push the global real estate market into digitized approaches. In this analysis, we dig into how blockchain technology could change the real estate industry, and the areas where we’re already seeing its impact. GET the 47-page blockchain TRENDS report.

Blockchain

PYMNTS

FEBRUARY 27, 2019

He also noted the structural changes at the company, which included the development of a cyber audit framework, and the hiring of 1,000 full-time risk and IT professionals to its workforce in 2018. billion in efforts tied to technology. He noted that under the Fair Credit Reporting Act and the recently enacted S.2155,

Consumer Financial Protection Bureau (CFPB)