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

SEPA Instant Payments Push Banks and B2B Payments Into the Future
SEPA Instant Payments Push Banks and B2B Payments Into the Future
January 09, 2025  |  B2B Payments

Innovation traditionally moves faster than regulation. Except, as it seems, when it sometimes comes to modernizing legacy banking and payments core infrastructure, where regulation can...

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FTC Alleges AccessiBe Made Deceptive Claims About Web Accessibility Tool
FTC Alleges AccessiBe Made Deceptive Claims About Web Accessibility Tool
January 03, 2025  |  Regulation

The Federal Trade Commission (FTC) aims to require software provider accessiBe to pay $1 million to settle the agency’s allegations that the company made deceptive claims about...

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Compliance Moved From Cost Center to Growth Engine in 2024
Compliance Moved From Cost Center to Growth Engine in 2024
December 27, 2024  |  Regulation

For decades, compliance has been viewed as a necessary but costly burden — a box to check to avoid penalties, maintain licenses and keep regulators...

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5 Ways 2024 Kicked Off a New Era for CFOs and Treasury Pros
5 Ways 2024 Kicked Off a New Era for CFOs and Treasury Pros
December 20, 2024  |  CFO

The year 2024 has been nothing short of transformative for CFOs and treasurers, reshaping their roles into a blend of strategy, technology and operational precision. ...

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How ISO Standards Could Reshape Cross-Border Payments
How ISO Standards Could Reshape Cross-Border Payments
December 20, 2024  |  Cross-border Payments

Since the inception of global trade, the world’s financial systems have largely talked past and around each other. The reason? Diverse payment systems and communication...

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Panza and Klaros Group Team to Offer AI-Powered Compliance
Panza and Klaros Group Team to Offer AI-Powered Compliance
December 18, 2024  |  Partnerships

Financial industry compliance/risk monitoring platform Panza has teamed with advisory firm Klaros Group. Klaros, based in Walnut Creek, California, is a “boutique advisory firm” specializing...

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From Credit to Compliance: The Risk Rollercoaster in B2B Payments
From Credit to Compliance: The Risk Rollercoaster in B2B Payments
December 18, 2024  |  Security & Fraud

Trust is both the foundation and the future of payments. But that doesn’t make maintaining it any easier. There are five big threats to maintaining...

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Why More Connectivity Means More Vulnerability for Cross-Border Payments
Why More Connectivity Means More Vulnerability for Cross-Border Payments
December 16, 2024  |  Safety and Security

Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. In the contemporary era dominated by digital payments and financial innovation,...

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Wells Fargo CEO More Confident in Bank’s Compliance Controls
Wells Fargo CEO More Confident in Bank’s Compliance Controls
December 11, 2024  |  Bank Regulation

Wells Fargo’s CEO reportedly has more confidence in his bank’s efforts to remedy its compliance issues. Charlie Scharf’s comments, as reported Wednesday (Dec. 11) by...

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