🌟 Insightful Collaboration on Regulatory Compliance 🌟 I recently had the privilege of engaging in an enlightening discussion with Sushil Ahlawat from the esteemed Edgeverve Finacle Team during our meetup in the vibrant city of Sydney. Our conversation delved deep into the complexities of regulatory compliance for banking products and suppliers, an area of paramount importance in our rapidly evolving financial landscape. Sushil shared invaluable perspectives on navigating the intricate web of regulations, emphasizing the critical role compliance plays in ensuring the integrity and trustworthiness of banking solutions. Together, we explored innovative strategies to not only meet regulatory standards but also to foster a culture of compliance that paves the way for sustainable growth and customer trust.Such engagements are vital as we collectively strive to enhance the framework that supports our industry’s integrity and innovation. I look forward to further discussions and collaborations on this pivotal subject! #RegulatoryCompliance #Fintech #Edgeverve #BankingInnovation #SustainableGrowth #SydneyMeetup #Finacle
Metup with Edgeverve Finacle team on regulatory compliance
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CEO, Banking & Digital Assets, Independent Board Director, Balancing Enterprise Growth with Risk Management
BankWyse is custom-built to provide the digital asset infrastructure enterprises need to participate in the global digital asset ecosystem. With an all-in-one solution for Qualified Custody and commercial banking, we integrate #DigitalAssets with fiat deposits and payment services, enabling seamless access. Our institutional-grade #technology and multi-asset platform deliver the highest standards of protection, scalability, and interoperability. Integration with client-native systems enables detailed real-time transaction, balance, and tax data to support proper fiduciary reporting, auditing, and attestation. As SEC-Qualified Custodians and a #Wyoming State Chartered Custody Bank, our adherence to regulation is tested and overseen by banking regulators and independent auditors with expertise in digital asset compliance and security. Safety, regulatory compliance, and cutting-edge technology are cornerstones of our full-service solution, enabling fiduciaries and their clients access to the #digital #economy. Follow us BankWyse #riskmanagement #fintech #payments #privateequity #compliance Justin Culver Brenda Kaser-Burger, MSM, CDI.D Dessa Bokides John Altamura Laura Anton
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Understanding banking compliance is crucial for maintaining the integrity and stability of financial institutions. Swipe through to discover: ➡ Why it’s essential for preventing fraud and ensuring trust ➡ Common challenges banks face ➡ How they ensure compliance checks ➡ The role that technology plays in ensuring compliance Follow us for more insights and updates! Gaurav Kumar Bhavin Parekh Devarsh M. Vivek Srikantan Karanpreet Bindra Rubin Mathew Alex Rahul Kanojia Kapil Rohilla Deep Kakkad Pritesh Mistry Amit S. Rajendra Saroj Salomi D’souza #DebtRecovery #Compliance #Collections #FinancialServices #EmpathyInCollections #CollectCoLabs #spocto #Fintech
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Will Bank-Fintech Partnerships Face Continued Regulatory Scrutiny in 2025?: Sheetal Parikh of Treasury Prime, explores how industry stakeholders are developing new standards to strengthen bank-fintech relationships. #finpeform #fintech
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Practical, savvy Product Leader who speaks emerging payments like a native. Brought RTP, FedNow, and Zelle to community institutions and credit unions in a start-up business unit. Now taking on send use cases !
They invited me to have opinions on the Jack Henry FinTalk Blog. And I do. Today, a look at embedded payment support for community institutions: https://xmrrwallet.com/cmx.plnkd.in/e3eebBfG #embeddedpayments #compliance #communityinstitutions #instantpayments
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Check out Elspeth Bloodgood's most recent thought leadership piece on Sponsor Banking and considerations to make when entering the Embedded Finance space. #payments #paas #jackhenry #victorfi
Practical, savvy Product Leader who speaks emerging payments like a native. Brought RTP, FedNow, and Zelle to community institutions and credit unions in a start-up business unit. Now taking on send use cases !
They invited me to have opinions on the Jack Henry FinTalk Blog. And I do. Today, a look at embedded payment support for community institutions: https://xmrrwallet.com/cmx.plnkd.in/e3eebBfG #embeddedpayments #compliance #communityinstitutions #instantpayments
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We're passionate about compliance because we know it's at the heart of a successful program for your financial institution. That's why we made screening and monitoring native to our Payment Core, covering Individuals, Businesses, UBOs, and Counterparties. Every entity is rigorously vetted at onboarding, before any transaction takes place, and is continuously monitored with daily scrubbing. It's not just about checking the box—we make sure nothing slips through the cracks. That's what he said. 🧙♂️ #compliance #fintech #banking
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As #OpenBanking expands, regulatory pushes and consumer trust will guide its future, PYMNTS writes. Clients can maintain compliance and customer trust by using APIs that directly connect #FinTechs with reliable banking partners and avoid comingled funds. https://xmrrwallet.com/cmx.pbit.ly/4cTzukS
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🏦 Calling All Financial Innovators! 🚀 Banking as a Service is reshaping finance—but are you prepared for the regulatory minefield? Our latest guide delivers: - 5 critical compliance strategies for banks - 5 game-changing tips for fintechs - Insights from recent regulatory enforcement actions Don't just survive the BaaS revolution. Lead it. Read now: https://xmrrwallet.com/cmx.phubs.li/Q02_Ytvc0 #BaaS #FinTech #Compliance #FinancialInnovation #BatesGroup
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Open Banking is Here! The Final Rule requires financial institutions to make a consumer's financial data available to consumers, or authorized third parties, upon request in a usable electronic format. #CFPB #OpenBanking #ConsumerFinance #DataSecurity #FinancialRegulation #Innovation #Fintech #Compliance
On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued a final rule implementing the requirements of sections 1033(a) and (b) of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act. The Rule is intended to strengthen data security and improve competition in the open-banking ecosystem by making it easier for consumers to switch providers of financial products and services. For more information, read our recent client alert, “CFPB Finalizes Open Banking Rule: What Financial Institutions and FinTechs Need to Know,” authored by partners Andrew Owens and Benjamin Saul, associate Tarrian L. Ellis, Esq., and law clerk Nathaniel Sans: https://xmrrwallet.com/cmx.plnkd.in/eb4f5ewD
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With new regulations coming into force around the globe, operational resilience is more important than ever. Financial entities will need to ensure they can withstand disruptions such as cyber-attacks and technical outages. As a third-party provider of core banking technology, 10x has an important role to play in helping our clients comply with these regulations. Discover how we can support your architecture and teams in our new blog from Rowan Platt, Head of Compliance & Regulatory Affairs at 10x. Link in the comments. #OperationalResilience #CoreBanking #BankingRegulations
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Consultant, Auditor, Trainer for Management Systems Standards ISO 9001, 27001, 20000, 22301, 27017, 27018, 15489
10moGood to see you Manish & Murali after so long.... 👍