6 Best Practices for Improving AML Screening July 19, 2013A new whitepaper by BankersAccuity outlines a number of steps banks can take to improve efficiency and compliance in anti-money laundering operations.
Rewriting the KYC Playbook January 18, 2013Banks must address the "V3challenge" -- questions around variety, velocity and vagueness -- in order to achieve better bank counterparty due diligence, as part of Know Your Customer compliance. AML Compliance Makes Know Your Customer More Important Than Ever, Report Says November 01, 2012Regulators are taking a deeper look at anti-money laundering and anti-bribery corruption compliance, and banks had better be prepared.
Cybersecurity Threat Far From Over October 05, 2012Cybercriminals are allegedly plotting to attack more U.S. financial institutions this fall.
Vendor Survey Indicates Banks Are Looking For Alternatives To Tokens For Multi-Factor Authentication April 26, 2011In light of the March RSA SecurID breach, some institutions are seeking alternatives to tokens for out-of-band multi-factor identification, data from PhoneFactor indicates. BBVA Selects Accenture's Alnova Financial Solution to Support U.S. Tech Transformation March 30, 2011BBVA selects Accenture's Alnova Financial Solution to support U.S. tech transformation; new core banking platform will allow BBVA Compass to achieve real-time processing capabilities. RSA's Data Breach: Steps Banks Should Take to Protect Customers March 25, 2011There are several practical moves banks can make to prevent hackers from taking full advantage of the recent RSA breach. Treasury Expects to Save $120 Million Annually in Switch to Electronic Payments March 24, 2011The U.S. Treasury estimates big savings after converting federal benefits payments to direct deposit. Cyber Attack on RSA's Online Banking Tokens Serious, But Not Life-Threatening for Banks March 21, 2011RSA's security breach is a wake-up call for banks that rely too heavily on security tokens, says Gartner's Avivah Litan. Permata Bank Selects Hypercom's Optimum for Mini-ATM Roll Out in Indonesia December 08, 2009Permata Bank selects Hypercom's Optimum for mini-ATM roll out in Indonesia; customers will be able to complete more than 100 types of transactions. Viewpointe User Group Votes in Favor of Check Image Standard September 30, 2009 SIBOS NEWS: Oracle Releases New Version of FLEXCUBE September 17, 2009 Bancolombia Chooses Finacle Core Solution August 06, 2009 Piraeus Bank Goes Live on Fiserv Universal Banking Solution January 22, 2009 First Interstate Bank Deploys Training Simulator. November 16, 2008First Interstate Bank deploys AML training simulator. Bank PKO Warsaw Chooses Surecomp’s Trade Finance Solution October 15, 2008 Mobile Banking: Weighing the Lessons Learned July 28, 2008On the way to growing its mobile banking customer base to more than 1 million users, Bank of America has successfully addressed a number of technological, cultural and marketing-related issues. RSA Offers New Security Tokens for Online Banking July 22, 2008On the heels of its first token for users' cell phones, RSA has one for consumers' wallets. FSTC Eyes Records Management March 27, 2008With a unique focus on technology, FSTC's new initiative promises enhanced efficiency and effectiveness for banks. Major Canadian Banks Become Basel II Compliant December 19, 2007IT vendors that helped the major Canadian banks achieve Basel II compliance are passing on their knowledge to smaller Canadian and U.S. banks.