regulations

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

Source: en.wikipedia.org

UBS Fined $14.5M For Violating Bank Secrecy Act
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018  |  Regulation

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services...

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Judo Capital Taps VERMEG For Reporting Compliance
Judo Capital Taps VERMEG For Reporting Compliance
December 17, 2018  |  B2B Payments

Australian challenger bank Judo Capital has chosen VERMEG, a leading banking and insurance software solution company, to meet its Australian Prudential Regulation Authority (APRA) reporting requirements...

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Govt Requests For Twitter User Data Jump 10 Pct
Govt Requests For Twitter User Data Jump 10 Pct
December 14, 2018  |  Mobile

Twitter revealed that it has received more government demands for data on its users between January and June of this year than its previous reporting period....

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New York Ramps Up Fight Against Predatory SMB Lending
New York Ramps Up Fight Against Predatory SMB Lending
December 14, 2018  |  B2B Payments

Just days after New York Attorney General (AG) Barbara Underwood announced an investigation into possible misconduct among merchant cash-advance (MCA) firms against small business (SMB)...

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Cross-Border Payments Need More Than Bank-FinTech Collaboration
Cross-Border Payments Need More Than Bank-FinTech Collaboration
December 14, 2018  |  B2B Payments

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018,...

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Credit Unions Assume New Role In AML Fight
Credit Unions Assume New Role In AML Fight
December 14, 2018  |  Credit Unions

Credit unions (CUs) aren’t law enforcement agencies by design. However, anti-money laundering (AML) regulations like the Bank Secrecy Act can force CUs into the uncomfortable...

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India’s ATM Closures Seen As Boost To Demonetization Efforts
India’s ATM Closures Seen As Boost To Demonetization Efforts
December 14, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....

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Bitcoin Daily: ‘Blockchain Developer’ Tops LinkedIn’s ‘Emerging Jobs’ Report; ICOs Face Threat Of Crypto Refunds
Bitcoin Daily: ‘Blockchain Developer’ Tops LinkedIn’s ‘Emerging Jobs’ Report; ICOs Face Threat Of Crypto Refunds
December 14, 2018  |  Bitcoin

Boerse Stuttgart Group, Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. In addition,...

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement
How AML Regulations Are Pulling Credit Unions Into Law Enforcement
December 13, 2018  |  Credit Unions

Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy. Recently, though, many CUs have turned to technology-driven solutions...

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