The Paypers

DECEMBER 18, 2024

Broadridge Financial Solutions has partnered with the CCRI , to create an integrated platform aimed at helping European financial firms meet new sustainability reporting requirements under the MiCA regulations.

Compliance 68

Compliance Reporting Requirements Regulations 68

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. Margita, why is having a Compliance Monitoring Plan so important for businesses today? Can a Compliance Monitoring Plan be used for more than just adhering to FCA regulations? Absolutely.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

The Fintech Times

JULY 31, 2024

Collaborative efforts between industry leaders and regulators are essential to streamline compliance processes without stifling innovation.” The importance of remaining agile Peter Wood, CTO at Spectrum Search “Regulatory and compliance challenges are significant hurdles for impact platforms.

Compliance 64

Compliance AML Regulations Due Diligence 64

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders.

Regulatory Compliance 58

Regulatory Compliance Compliance On-Demand Regulations 58

The Payments Association

JANUARY 22, 2025

What to expect: Kieran Millar, principal product manager at AutoRek, will discuss safeguarding reconciliation concepts, record-keeping practices, governance, and reporting requirements. Join us at our upcoming webinar, where well unpack these key themes and share insights on the future of the payments industry.

Assessments 88

Assessments Reconciliation Audit Rules 88

VISTA InfoSec

OCTOBER 26, 2023

Let’s explore the critical differences between SOC and SOX compliance. In the realm of information security and financial reporting, compliance enables organizations to build trust and transparency with stakeholders. Now let’s look at SOC compliance. It applies to all U.S. What is SOC?

Audit 130

Audit Compliance Laws Government 130

Innovative Payments Association

AUGUST 29, 2024

However, one major challenge that cannabis businesses face is banking compliance. To navigate the complex world of cannabis banking compliance, businesses must develop a strong compliance program. These should outline the company's compliance obligations, reporting requirements, and internal controls.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

FloQast

OCTOBER 27, 2023

While it can feel burdensome, compliance management has become a critical risk management feature and is too important to ignore. Unfortunately, compliance management is no walk in the park. The overarching aim of compliance management is to ensure organizations mitigate risk and build a deep-rooted culture of compliance.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

FloQast

MARCH 21, 2024

The act established the Public Company Accounting Oversight Board (PCAOB) and implemented other requirements to improve the accuracy and reliability of financial statements and corporate disclosures. While compliance is non-negotiable for public companies, SOX compliance costs can be substantial.

Compliance 52

Compliance Audit Automation Risk Assessment 52

Finovate

JUNE 20, 2024

The rapid evolution of technology turned regulatory compliance into a daunting frontier. Firms are not only required to keep up with changing technologies, but they also need to stay on top of increasingly complex requirements. Priya V Misra : EKAI is the first AI compliance ‘co-worker’ for risk and finance professionals.

Compliance 52

Compliance Regulatory Compliance Regulations AI 52

FICO

OCTOBER 26, 2017

This article is from Michael Blicker , a senior consultant in FICO's compliance solutions group. You would think one system would be enough to manage foreign tax compliance. Now, with CRS** (Common Reporting Standard), some financial institutions are starting to think they need two systems. Here’s where the trouble started.

Compliance 53

Compliance IRS Agreements Audit 53

FloQast

DECEMBER 13, 2023

It’s the boldest attempt to regulate the conduct and financial reporting of public companies in the United States since the Great Depression. In this comprehensive guide, we cover all you’ll need to know about SOX compliance. July 25, 2002 Both houses approve the Conference Committee Report.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. Supporting the aggregation and transmission of data for regulatory compliance is one part of this process.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

The Payments Association

MAY 28, 2025

This service enables payment providers to focus on their core business operations while allowing our team to help ensure compliance and security. With our transaction monitoring embedded solution, payment providers receive specialised support in managing, processing, and closing transaction monitoring cases.

Transactions 88

Transactions Fraud Detection Financial Crimes Crime 88

Fintech Finance

MARCH 7, 2024

FOMO Pay, a leading major payment institution headquartered in Singapore, has implemented Bottomline solution to strengthen efficient payment workflows, effective treasury lifecycle management, and robust regulatory compliance. Overall, we can better manage liquidity, risk and reporting requirements.

Treasury 52

Treasury Compliance Cash Management SWIFT 52

PYMNTS

DECEMBER 17, 2018

Australian challenger bank Judo Capital has chosen VERMEG , a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements as it pursues its full banking license. “Regulatory reporting is an essential function for Judo. .

Compliance 46

Compliance Regulatory Compliance Authorization On-Demand 46

PYMNTS

JANUARY 22, 2021

regulators to tighten the financial reporting requirements of banks and other financial services providers. The company has invested some $100 million since 2012 to enhance its own compliance programs following allegations of consumer fraud. MoneyGram is in favor of a proposal by U.S.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

Fintech News

OCTOBER 21, 2024

Presently only targeting large firms, compulsory reporting requirements will increasingly include a larger set of firms. Many SMEs are already required to collect sustainability information due to the trickle-down effect on the whole supply chains of larger firms.

Finance 117

Finance Blockchain FinTech Regulations 117

PYMNTS

OCTOBER 14, 2016

Martin Bellin recently spoke with PYMNTS about the developing role of the corporate treasurer, especially in the age of demanding compliance requirements.

Treasury 75

Treasury Treasury Management Compliance Mitigation 75

Basis Theory

OCTOBER 1, 2024

It’s hard to argue the role PCI compliance plays in today’s digital economy. Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. What are PCI Compliance Levels, and why do they matter?

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Neopay

JULY 18, 2024

These technical standards are crucial as they allow supervisors to monitor institutions’ compliance with the Capital Requirements Regulation (CRR3) implementation of the latest Basel III reforms in the EU and will foster consistent and enhanced supervision.

Reporting Requirements 52

Reporting Requirements Credit Risk Risk Consulting 52

The Fintech Times

APRIL 25, 2024

Although CTCs were initially focused on addressing inaccuracies in domestic transactions, their scope is expanding to better combat fraud and monitor compliance in a range of other areas, including international transactions, to address the thorny issue of the ‘VAT gap’. This in itself is a major hurdle for businesses.

Continuity 69

Continuity Near Real-Time Compliance Authorization 69

Fintech News

JULY 17, 2024

The enhanced anonymity features of privacy coins make them particularly attractive to illicit actors, posing significant challenges for law enforcement and compliance professionals. Transfers Just Under Reporting Thresholds The report highlights noticeable surges in transfers just below the US$1,000, US$3,000, and US$10,000 thresholds.

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

Fintech Review

JUNE 12, 2024

These challenges include legacy systems, regulatory compliance, and cultural resistance to change. Regulatory Compliance The insurance industry is heavily regulated, and new technologies must comply with existing regulations. Regulatory compliance can slow down the adoption of new technologies and increase operational costs.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

The Payments Association

OCTOBER 11, 2024

The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls. However, there are numerous issues due to poor compliance. What’s next?

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). Financial planning for NPOs can be difficult, as certain issues will present unique challenges to you, such as specific reporting requirements.

Audit 130

Audit Accounts Finance Compliance 130

The Paypers

AUGUST 24, 2022

US-based PayPal has joined the Travel Rule Universal Solution Technology (TRUST) network in order to update its reporting requirements regarding the digital assets travel rule.

Regulatory Compliance 36

Regulatory Compliance PayPal Travel Rule Compliance 36

PYMNTS

JANUARY 30, 2019

Then the first money laundering directives came out, which started to mandate more and more in the realm of customer due diligence, so the company added a compliance check. GDC, for instance, started out with a solution set for know your customer (KYC) in an eCommerce use case where the company was conducting high-velocity ID verification.

Due Diligence 74

Due Diligence Verification Money Laundering FinTech 74

PYMNTS

AUGUST 14, 2019

The data that casinos have the power to feed into the system under Banking Secrecy Act reporting requirements in the form of suspicious activity reports (SARS), he noted, not only has the power to keep the work of legal gambling a transparent and compliant place. The Team Oriented Nature Of Compliance .

Fincen 65

Fincen Financial Crimes Crime Suspicious Activity Report (SAR) 65

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Even the consequences of non-compliance can be fragmented. Cross Border Complexity.

Posting 53

Posting Cross-Border Compliance Facilitators 53

The Paypers

APRIL 6, 2017

(The Paypers) Failure to obtain a Legal Entity Identifier - LEI in time will prevent companies from being able to comply with the reporting requirements applicable in the EU as of 3 January 2018, GLEIF has announced.

Legal 28

Legal Compliance Reporting Requirements 28

The Paypers

JANUARY 14, 2019

(The Paypers) Banque Palatine , a subsidiary of Groupe BPCE, has selected AxiomSL ’s platform to comply with AnaCredit reporting requirements in France.

Compliance 28

Compliance Reporting Requirements 28

The Payments Association

OCTOBER 23, 2024

Firms with agents or distributors may require additional liquidity for safeguarding. Firms may be required to diversify their safeguarding providers. Enhanced reconciliation, audit, and reporting requirements will create additional administrative burdens and could increase the risk of supervisory and enforcement action.

Rules 88

Rules Payments Institute Authorization Reconciliation 88

The Fintech Times

JANUARY 25, 2024

Aside from the issues firms have reported around their financial control processes, institutions also revealed concerns about their data quality, particularly regarding meeting regulatory reporting requirements. We look forward to completing the survey in 2025 to see how respondents have progressed.”

Process 64

Process Audit Regulatory Compliance Consulting 64

Finovate

FEBRUARY 21, 2024

Kani’s technology automates back office processes, enabling financial institutions and financial services companies to more easily fulfill their compliance reporting obligations. The pact will make Kani’s SaaS platform available to Pismo’s clientele of banks, marketplaces, and fintechs.

Reconciliation 69

Reconciliation Payments APACS Automation 69

Fintech Review

OCTOBER 22, 2024

The United States, as mentioned earlier, has implemented stricter reporting requirements for cryptocurrency exchanges. By working together, these stakeholders can help create a system that encourages innovation while ensuring compliance with taxation requirements.

Cryptocurrency 97

Cryptocurrency Laws IRS Regulations 97

PYMNTS

DECEMBER 3, 2019

The BSA establishes recordkeeping and reporting requirements for national banks, federal savings associations, federal branches and agencies of foreign banks. It was amended to include the Patriot Act, which requires every bank to adopt a customer identification program.

Suspicious Activity Report (SAR) 55

Suspicious Activity Report (SAR) BSA Rules Office of the Comptroller of the Currency 55