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

Colombia Watchdog Investigates Rappi Delivery App For Noncompliance
Colombia Watchdog Investigates Rappi Delivery App For Noncompliance
November 14, 2019  |  Regulation

On-demand delivery app Rappi is under investigation again in Colombia, accused of failing to comply with regulatory orders to improve its customer service response, according...

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Deutsche Bank Admits Widespread Payment Failures To BoE
Deutsche Bank Admits Widespread Payment Failures To BoE
November 12, 2019  |  Bank Regulation

Deutsche Bank told U.K. regulators that it still has ongoing problems processing high-value payments despite more than three years of remediation efforts, the Financial Times...

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Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic
Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic
November 11, 2019  |  AML

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. Cryptocurrency companies that...

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Deep Dive: Balancing SCA Compliance And Customer Satisfaction
Deep Dive: Balancing SCA Compliance And Customer Satisfaction
November 08, 2019  |  Regulation

Strong Customer Authentication (SCA) was designed to improve authentication standards across Europe, and enable money to move quickly, while reassuring all parties that funds were...

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Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
Bank Of England Tells HSBC To Tighten Fraud, Staff Compliance
November 07, 2019  |  Regulation

The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, according to a report by Reuters....

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Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner
Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner
November 07, 2019  |  Taxes

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. For retailers...

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Why Barclaycard Says Consumers Are Key To SCA Success
Why Barclaycard Says Consumers Are Key To SCA Success
November 06, 2019  |  Regulation

As Strong Customer Authentication (SCA) becomes fully implemented, the merchants, banks and third-party payment services within the European Union (EU) are still working out the...

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Plaid Calls For Startups To Help Tackle $1.6T Student Debt Balance
Plaid Calls For Startups To Help Tackle $1.6T Student Debt Balance
October 29, 2019  |  Innovation

In its third annual Request for Startups, Plaid is aiming to focus on student debt management along with other areas of financial services that FinTech has...

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Mastercard On Repairing The Data Trust Deficit — With Decency 
Mastercard On Repairing The Data Trust Deficit — With Decency 
October 25, 2019  |  Mastercard

Can data be harvested … with decency? The California Consumer Privacy Act looms, taking effect at the beginning of 2020. Across the pond, the General Data...

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