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Category: NICE Knowledge Base

48 blogs

How is that MiFID Compliance working out for you?

The Markets in Financial Instruments Directive, or MiFID, is a finance regulation, drafted in 2004 in the European Union. The goal of MIFID was to increase transparency and fairness in trading by establishing a common, robust regulatory framework that assures equal disclosure and equal protection to investors in all EU member countries.

4 Tips on Using the Right Incentives in the Workplace

Every business offers incentives in the workplace. The most basic incentive is compensation – the pay that we receive for doing a particular job. Long ago, a paycheck was enough to motivate employees. Not anymore. Today, businesses and organizations juggle all kinds of incentives in the workplace to make sure employees are productive, excited, and loyal to the company.

The Future of Biometrics: Reality versus Hype

The use of biometrics has found its way into many aspects of our daily lives and is slowly spreading to places we hardly considered before. The intent of biometrics is to identify a person in a way that is 100% accurate and cannot be stolen or compromised. Some biometrics, such as fingerprint recognition, have been in use for years. Newer biometrics, such as retinal scan and capillary mapping, were only possible once technology advances made these authentication applications feasible.

CFPB Compliance: Is Your Business Obligated?

Businesses face an array of federal and state regulations, many of which have direct impact on the call center. The resources that must be dedicated to assure compliance are not trivial. Significant time and money must be spent on keeping abreast of regulations and complying with their requirements. While compliance is required for companies to operate, the compliance efforts do not contribute to business productivity. To prevent becoming overwhelmed by the many regulations that pertain to your business, it pays to invest in a system that can help you put your compliance house in order and maintain it efficiently.