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 in bank regulation, compliance and risk management, corporate governance and business strategy, the companies said in a news release Wednesday...
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 that trust between payments and financial services providers and the end-customers they serve: Credit risk, payments risk, counterparty risk, fraud...
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, advances and threats alike are not isolated but interdependent. The complex reality of digital payments innovation can in some ways...
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 Reuters, follow the banking giant’s years-long fake account scandal. “For every one of our consent orders that we have, for...
December 18, 2024
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 that trust between payments and financial services providers and the end-customers they serve: Credit risk, payments risk, counterparty risk, fraud and security risk and compliance risk. While each risk vector […]
December 16, 2024
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, advances and threats alike are...
December 04, 2024
Middle-market CFOs face rising regulatory uncertainty as smaller firms bear the brunt of increased compliance costs, legal risks, and operational disruptions. To cope, many rely on external partners and new...
November 06, 2024
Tax season is officially over — even the Oct. 15 extension deadline has come and gone. But for banks and corporates, depending on the states in which they are doing...
December 18, 2024
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 in bank regulation, compliance and risk management, corporate governance and business strategy, the companies said in a news release Wednesday (Dec. 18). Konrad Alt, managing partner of Klaros Group, said […]
December 11, 2024
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 Reuters, follow the banking giant’s...
November 25, 2024
TD Bank reportedly is working to select compliance monitors to track its progress on risk and controls and report to regulators, as ordered by the U.S. government in October. As the...
October 31, 2024
Payments processor Thredd introduced a suite of compliance and risk management services. The new offerings are designed to help FinTechs, program managers and their bank sponsors address heightened concerns about...
