compliance

In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations.

Source: merriam-webster.com

Ivalua Promises Speed, Efficiency With New Spend Management Suite
Ivalua Promises Speed, Efficiency With New Spend Management Suite
June 25, 2020  |  B2B Payments

Ivalua, which works in spend management, has rolled out a new suite of solutions for businesses to organize and handle payments, a press release says....

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FIS, FICO Take Aim At Dirty Money With New AML Product
FIS, FICO Take Aim At Dirty Money With New AML Product
June 25, 2020  |  AML

Financial software and technology giant FIS is teaming up with credit scoring company FICO to roll out a new anti-money laundering (AML) platform as concerns...

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eBay’s Head Of Payments On Localizing Buyer-Seller Experiences
eBay’s Head Of Payments On Localizing Buyer-Seller Experiences
June 19, 2020  |  Payments Innovation

Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no...

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Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce
Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce
June 17, 2020  |  AML

In financial fraud, the breaches come when bank standards are lax. Australian bank Westpac Banking Corp. may stand as Exhibit A here. According to a...

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Helping SaaS Firms Make Sense Of eCommerce’s Tax Complexities
Helping SaaS Firms Make Sense Of eCommerce’s Tax Complexities
June 10, 2020  |  Taxes

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the...

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FinTechs Aid Banks In Their Own Open Banking Initiatives
FinTechs Aid Banks In Their Own Open Banking Initiatives
May 21, 2020  |  B2B Payments

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s...

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How SEB Keeps A Watchful Eye On Its B2B Payments APIs
How SEB Keeps A Watchful Eye On Its B2B Payments APIs
May 06, 2020  |  API

Glitches such as those arising from faulty APIs can lead up to 88 percent of app users to abandon them, making it make or break...

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AML/KYC Compliance Riffs On Biometrics
AML/KYC Compliance Riffs On Biometrics
March 16, 2020  |  Authentication

Anti-money laundering (AML) and know your customer (KYC) regulators have released the hounds, with billions in fines leveled by governments worldwide against financial institutions (FIs),...

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