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

Amazon’s Government Procurement Contracts Spawn Criticism
Amazon’s Government Procurement Contracts Spawn Criticism
July 12, 2018  |  B2B Payments

The U.S. government is increasing its use of eMarketplaces like Amazon for procurement at the local and federal levels, but Amazon’s government contracts are raising...

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UK Tax Authority Increases Money Laundering Fines
UK Tax Authority Increases Money Laundering Fines
July 09, 2018  |  Regulation

The U.K. tax authority has almost doubled the fines it hands out for money laundering rule violations in the most recent financial year. According to...

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Why Playing In The Sandbox Is Good For FIs
Why Playing In The Sandbox Is Good For FIs
July 06, 2018  |  Innovation

Sandboxing, though a beloved buzzword in the developer community, didn’t get its start in the context of programming or computers at all. Sandboxing was originally...

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Betting On Digital Identities As Online Sports Gambling Takes Off
Betting On Digital Identities As Online Sports Gambling Takes Off
July 05, 2018  |  Legal

The idea remains as simple as ever: Put down money on a team or athlete because of fandom, a hunch or a considered view, and...

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RegTech: From Compliance Checkbox To Competitive Cornerstone
RegTech: From Compliance Checkbox To Competitive Cornerstone
July 02, 2018  |  Bank Regulation

Bank of America is being sued for $120 million after failing to flag large deposits into small accounts, which were cleared a few days later....

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Digital Identities For A Digital World: The Key To Modern Transaction Monitoring
Digital Identities For A Digital World: The Key To Modern Transaction Monitoring
June 21, 2018  |  Fraud Prevention

As the world continues its path to becoming more digital, risks are increasingly finding their way into transaction processes, and that calls for a different...

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IdentityMind Announces 2.0 Version Of AML Transactions
IdentityMind Announces 2.0 Version Of AML Transactions
June 20, 2018  |  Security & Fraud

IdentityMind Global, the AML transaction monitoring company, announced on Wednesday (June 20) the launch of IdentityMind 2.0, which the firm is calling a new generation...

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Caring Is Sharing (Data)
Caring Is Sharing (Data)
May 31, 2018  |  Today In Data

Everyone wants to rule the data world, but — as Gerhard Oosthuizen, CTO at Entersekt, recently pointed out — it’s not just about having the data;...

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Risk’s All Around When Banks Service Cannabis
Risk’s All Around When Banks Service Cannabis
May 14, 2018  |  B2B Payments

The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services...

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