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

US Open Banking Regulations Will Force More Bank-FinTech Collaboration
US Open Banking Regulations Will Force More Bank-FinTech Collaboration
June 02, 2023  |  Banking

A changing financial industry is transforming the relationship between traditional banks and FinTechs. In the past, banks largely regarded FinTechs as formidable competitors, if not...

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CFPB’s Small Business Lending Rules Headed for More Scrutiny on Capitol Hill 
CFPB’s Small Business Lending Rules Headed for More Scrutiny on Capitol Hill 
May 15, 2023  |  Legal & Regulation

Small business lending’s new data-driven approach may be headed for more scrutiny on Capitol Hill. To that end, Rep. Maxine Waters (California), the top Democrat...

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AI Reshapes Regulatory Compliance by Modernizing Risk Frameworks
AI Reshapes Regulatory Compliance by Modernizing Risk Frameworks
May 09, 2023  |  Artificial Intelligence

The 21st century’s digitization has transformed the financial crime landscape, arming cybercriminals with new tactics. Fortunately, as the world evolves, organizations are increasingly able to fight...

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Voice AI Ushers in Next-Gen Compliance Monitoring for Financial Sector
Voice AI Ushers in Next-Gen Compliance Monitoring for Financial Sector
May 09, 2023  |  Artificial Intelligence

Whether it’s desk or cell phones, videoconferencing platforms or software-based trading systems, voice remains the primary communication tool for financial markets. As a result, audio...

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PYMNTS Intelligence: Protecting Members Is at the Heart of Open Banking Compliance
PYMNTS Intelligence: Protecting Members Is at the Heart of Open Banking Compliance
May 03, 2023  |  Credit Unions

Credit unions are regulated by a number of federal agencies, including the National Credit Union Administration (NCUA), the Federal Reserve, the Consumer Financial Protection Bureau...

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Treasury Prime: Flexible Risk Architecture Helps Build Concrete Compliance Programs
Treasury Prime: Flexible Risk Architecture Helps Build Concrete Compliance Programs
April 25, 2023  |  Banking

Digitization across the banking landscape is a one-way street that is only accelerating. As modern solutions and systems take the marketplace by storm, it is...

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Cross River and FinClusive Partner on Compliance-Driven Financial Services
Cross River and FinClusive Partner on Compliance-Driven Financial Services
March 31, 2023  |  Partnerships

Cross River and FinClusive have partnered to deliver financial services to underserved communities. Working together, Cross River’s embedded finance solutions and FinClusive’s Compliance-as-a-Service (CaaS) infrastructure...

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Treasury Prime and Cable Collaborate on Financial Crime Compliance
Treasury Prime and Cable Collaborate on Financial Crime Compliance
March 29, 2023  |  Partnerships

Treasury Prime and Cable have teamed to help businesses keep up with financial crime compliance. The partnership, announced in a Wednesday (March 29) press release,...

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Vendor Concentration Risks Draw Greater Scrutiny Post SVB
Vendor Concentration Risks Draw Greater Scrutiny Post SVB
March 22, 2023  |  Cybersecurity

Living in the past holds organizations back. But as the B2B payments landscape continues to be transformed by ongoing digitization, some enterprises are themselves holding...

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