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

Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
April 10, 2024  |  Cryptocurrency

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken...

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Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
April 10, 2024  |  Taxes

Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to...

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Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?
March 21, 2024  |  Cross Border Commerce

With Wednesday’s (March 20) announcement about Visa’s expanded partnership with LemFi, the focus is on cross-border payments. The cross-border payments landscape itself is a dynamic and fragmented one, full...

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Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
March 18, 2024  |  Biometrics

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris...

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G20 Lays Out Cross-Border Payments Roadmap
G20 Lays Out Cross-Border Payments Roadmap
February 29, 2024  |  Cross-border Payments

In 2020, the G20 leaders endorsed a roadmap to improve cross-border payments experiences and infrastructure.  The goal was to make cross-border payments cheaper, faster, more transparent, and...

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UK Electronic-Money Company Transactive Systems to Cease Operations
UK Electronic-Money Company Transactive Systems to Cease Operations
February 28, 2024  |  Regulation

Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about...

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CFPB Establishes Supervisory Authority Over World Acceptance
CFPB Establishes Supervisory Authority Over World Acceptance
February 26, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action to establish supervisory authority over installment lender World Acceptance Corp., saying it aims to ensure compliance with federal consumer...

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Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
February 22, 2024  |  AML

Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. The bank said...

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Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
February 21, 2024  |  Partnerships

Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends...

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