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Daily News, financial institution, Issuing & Acquiring, Mobile Banking, US financial institutions -

Half of the US adult population now uses mobile banking on smartphones and tablets, which is 29 million more than last year. This dramatic shift in consumers’ channel preferences puts pressure on financial institutions to innovate in the space to meet increased demand for mobile functionality.  JAVELIN has released, 2016 Mobile Banking Financial Institution Scorecard: Mobile [...]

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AMLD IV, Anti-Money Laundering Directive, Daily News, financial institution, Know Your Customer, Regulation, regulatory compliance, Risk & Compliance -

Fenergo, a provider of Client Lifecycle Management solutions for institutional banks, has published key findings from new research commissioned from the Aite Group which suggests that financial institutions are struggling to manage regulatory compliance and entity data management obligations across multiple jurisdictions. The research finds that the Anti-Money Laundering Directive IV (AMLD IV) is perceived by [...]

The post Banks struggle with cross-jurisdictional regulatory compliance appeared first on Payments Cards & Mobile.

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