Fintech Finance

MAY 21, 2024

E-invoicing is increasingly taking priority within CFO departments alongside e-reporting requirements from local governments or tax authorities. Accounting teams will be required to comply with specific legislation when sending and receiving electronic invoices.

Automation 52

Automation Finance Duplicate Best Practices 52

The Paypers

MARCH 17, 2021

Nordea Bank has selected risk and regulatory reporting solutions provider AxiomSL to support the bank’s risk and regulatory reporting requirements in Finland, Sweden, Denmark, and Norway.

Risk 41

Risk Automation Reporting Requirements 41

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.

Process 64

Process Audit Regulatory Compliance Consulting 64

Finovate

FEBRUARY 21, 2024

At the conference, the company demoed how its automated reconciliation and reporting platform conducts fully automated reconciliations, and automates legal, regulatory, and scheme reporting requirements. The platform also gives users the ability to explore and investigate data to better understand consumer and product behavior.

Reconciliation 69

Reconciliation Payments APACS Automation 69

CB Insights

NOVEMBER 11, 2022

ESG reporting requirements. ESG REPORTING REQUIREMENTS. This can support firms’ reporting on progress to meet environmental, social, and governance (ESG) standards. Why it matters: ESG standards are evolving, and investors are grappling with an increasing number of reporting requirements.

API 66

API Reporting Requirements Embedded Finance Laws 66

PYMNTS

OCTOBER 15, 2018

Launched in April 2017, the MSB Call Report required licensees to file by mid-May. Lambert stated that the MSB Call Report and Uniform Authorized Agent Report represent an ongoing effort by state regulators to unify reporting requirements.

Regulations 68

Regulations Privacy Reporting Requirements Laws 68

PYMNTS

JANUARY 22, 2021

regulators to tighten the financial reporting requirements of banks and other financial services providers. "We look forward to continuing our ongoing relationship with MoneyGram as we make this possible through real-time payments to more people around the world.". MoneyGram is in favor of a proposal by U.S.

P2P 107

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

The Fintech Times

FEBRUARY 12, 2024

The actions taken by the FSRA address failures (to the extent applicable in each case) to: follow due diligence procedures as required by the Regulations; keep records of the performance of due diligence; report required information in a complete and accurate manner; and/or submit the required annual information return.

Distributed Ledger Technology (DLT) 59

Distributed Ledger Technology (DLT) Due Diligence Innovation Procedures 59

PYMNTS

DECEMBER 29, 2020

The deal also comes amid a shift toward “real-time compliance requirements” as tax officials around the globe seek ways to collect revenue faster, and with more transparency and a lower risk of fraud.

Compliance 85

Compliance Acquirers Near Real-Time On-Demand 85

VISTA InfoSec

OCTOBER 26, 2023

Understanding the unique risk areas, reporting requirements, and controls of each standard can enhance compliance strategies, mitigate risks, and build a reputation for reliability and trustworthiness. Public companies must comply with SOX, while service organizations can opt for SOC to gain a competitive edge.

Audit 130

Audit Compliance Laws Security 130

PYMNTS

NOVEMBER 26, 2019

“Citi failed to deliver accurate returns and failed to meet the standards of governance and oversight of regulatory reporting, which we expect of a systemically important bank,” said BoE Deputy Governor and PRA Chief Executive Sam Woods. Citigroup said it corrected the issues as soon as it became aware of them.

Returns 76

Returns Audit Regulations Authorization 76

Neopay

APRIL 8, 2024

Additionally, the Financial Conduct Authority (FCA) plans to impose reporting requirements on affected firms, enhancing monitoring effectiveness. The extension in processing time provides PSPs with the opportunity to halt fraudulent transactions promptly. This is especially crucial in combating the rapid actions of APP Fraudsters.

Service Provider 52

Service Provider Due Diligence Fraud Prevention Payments 52

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

PYMNTS

JUNE 16, 2020

Treasury wrote, “Treasury is fully complying with all of the substantial oversight, transparency, and reporting requirements of the CARES Act.”. In a tweet , Monica Crowley, assistant secretary for public affairs at the U.S.

Procedures 60

Procedures Process Treasury Small Business 60

PYMNTS

NOVEMBER 14, 2018

A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. The report also predicted further changes in banks’ intraday liquidity reporting requirements, highlighting the need for industry standardization.

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

Fintech News

FEBRUARY 20, 2024

The KPMG and Elevandi data study details how tailored educational programs and simplified reporting requirements will be vital to bridging the ESG knowledge gap. The Critical Role of Education and Capacity Building An essential component of Project Savannah’s strategy involves education and capacity building among MSMEs.

Small Business 86

Small Business Credential Facilitators Verification 86

FloQast

MARCH 12, 2024

However, there are significant accounting and reporting requirements associated with this structure, so it’s crucial to discuss the decision with your tax advisor, IPO advisor, and legal counsel. This allows pre-IPO investors to maintain flow-through tax benefits, ensure liquidity, and retain control.

Advisors 52

Advisors Due Diligence Audit Legal 52

PYMNTS

FEBRUARY 6, 2020

She also took issue with“weakened reporting requirements under the Home Mortgage Disclosure Act, allowing redlining and discriminatory lending to proliferate undetected; and abandoned the Consumer Bureau’s longstanding defense of the constitutionality of its structure as an independent watchdog.”.

CFPB 60

CFPB Consumer Financial Protection Bureau (CFPB) Rules Consumer 60

PYMNTS

NOVEMBER 26, 2019

“Citi failed to deliver accurate returns and failed to meet the standards of governance and oversight of regulatory reporting, which we expect of a systemically important bank,” said BoE Deputy Governor and PRA Chief Executive Sam Woods. Citigroup said it corrected the issues as soon as it became aware of them.

Returns 54

Returns Audit Regulations Authorization 54

PYMNTS

MAY 1, 2018

Employers need to conduct a headcount immediately to see if they’re subject to new STP reporting requirements,” he told the publication. He warned that any companies with 20 or more employees as of April 1, 2018, will have to comply with the STP requirements, even if their headcount falls below 20.

Payroll 40

Payroll Reporting Requirements Rules Regulations 40

PYMNTS

NOVEMBER 26, 2019

The central bank’s decision, Barybin explained, had everything to do with strict data sharing and reporting requirements with which SatchelPay could not keep up. During this time, the company focused on restructuring and management enhancements to ensure the company can, moving forward, comply with reporting requirements.

Compliance 73

Compliance Regulations FinTech Cross-Border Payments 73

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

The Paypers

MARCH 15, 2017

(The Paypers) Miura Consulting has teamed up with SAS to release a regulatory portal that identifies and supports all of the new compliance and reporting requirements for MiFID II.

Reporting Requirements 28

Reporting Requirements Consulting Compliance 28

PYMNTS

DECEMBER 17, 2019

Adam Cohen, Google’s global head of economics and competition, had concerns about the potential mandate for submitting reports regarding GAFA businesses, a government official told JT. Amazon also questioned the reporting requirement. Facebook expressed concern that some rules were stricter than those in the European Union.

Rules 52

Rules Laws Regulations On-Demand 52

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

PYMNTS

SEPTEMBER 22, 2016

Separately, in the land of potential tech IPOs, Okta, the identity management startup, has been moving toward the public markets, as noted by The Wall Street Journal , and has been looking for an assistant controller who can support reporting requirements that stretch across both pre- and post-IPO environments.

Reporting Requirements 66

Reporting Requirements Posting Continuity 66

Fintech Finance

MARCH 7, 2024

Jing adds, “The powerful reporting and visualization tools give us the ability to see a true cash position each morning. Overall, we can better manage liquidity, risk and reporting requirements. We have greater confidence in the cash position which can also be broken down by different currencies.

Treasury 52

Treasury Compliance Cash Management SWIFT 52

PYMNTS

OCTOBER 14, 2016

While banks traditionally take on the burden of compliance, Bellin said treasurers need to similarly maintain knowledge of evolving regulations; data can be a key facilitator behind compliance and reporting requirements.

Treasury 75

Treasury Treasury Management Compliance Mitigation 75

PYMNTS

DECEMBER 3, 2020

We will self-report to the Office of Australian Information Commissioner and fully comply with the data breach reporting requirements,” BTC Markets tweeted. “In Instead of sending individually, the announcement was sent in batches of less than 1,000. “We

Bitcoin 56

Bitcoin Audit Breach Cryptocurrency 56

PYMNTS

FEBRUARY 20, 2020

The acquisition will help to strengthen insightsoftware’s presence around the world and bolster its customer based by “ building on its strategy to deliver market-leading solutions that automate and simplify the complex financial and operational reporting requirements of the Office of the CFO,” the release said.

Acquirers 52

Acquirers CHIPS Automation Reporting Requirements 52

FloQast

MARCH 21, 2024

Regulatory changes to legislation, auditing standards, and financial reporting requirements According to KMPG’s 2023 SOX Report , respondents spend an average of $1.6 Number of locations worldwide External factors (inflation, cost of labor, currency fluctuation, etc.)

Compliance 52

Compliance Audit Automation Risk Assessment 52

PYMNTS

JUNE 14, 2017

TMF Group dubbed its tax enforcement policy as “aggressive,” while high data reporting requirements and investments in electronic reporting solutions are likely to make the country even more complex, the report predicted.

Regulatory Compliance 58

Regulatory Compliance Compliance On-Demand Regulations 58

FICO

JULY 23, 2018

To date, reporting of authorised push-payment fraud has been ad-hoc and generally doesn’t involve reporting to any formal body. The fraud reporting requirements of PSD2 mean that PSPs must overhaul their processes and be ready to report fraud by January 2019.

Authentication 45

Authentication Payer Payments Real Time Payments 45

FICO

AUGUST 16, 2021

Seeking rental data outside of the credit bureaus is also challenging because widespread data sources simply do not exist due to the lack of reporting requirements for landlords. Telecommunications and utility data, which similarly only appear in 5 percent and 2.5

Underwriting 52

Underwriting Risk Assessment Assessments Financial Inclusion 52

FICO

DECEMBER 15, 2020

On December 18, the Bureau issued a Part 2 final rule detailing disclosures for the collection of time-barred debt, changes to the validation notice, and furnisher credit reporting requirements. President Trump has repeatedly stated that he will veto the NDAA for reasons unrelated to the BSA/AML provisions.

BSA 52

BSA Financial Inclusion Suspicious Activity Report (SAR) AML 52

PYMNTS

OCTOBER 23, 2019

All four, Carlos Alberto Munoz-Moyano, Miaria Delpilar Roman-Strick, Maria Isabel Wilson-Ossandon and Maria Beatriz Pasten-Cuzmar were charged with money laundering by evading reporting requirements and transporting money illegally. . Police had been searching for Aivar Rehe, 56, since he left his home in Tallinn on Sept.

Money Laundering 40

Money Laundering Procedures Checks Reporting Requirements 40

PYMNTS

OCTOBER 23, 2019

All four, Carlos Alberto Munoz-Moyano, Miaria Delpilar Roman-Strick, Maria Isabel Wilson-Ossandon and Maria Beatriz Pasten-Cuzmar were charged with money laundering by evading reporting requirements and transporting money illegally. . Police had been searching for Aivar Rehe, 56, since he left his home in Tallinn on Sept.

Money Laundering 40

Money Laundering Procedures Checks Reporting Requirements 40