VISTA InfoSec

OCTOBER 20, 2023

However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. Why Is Disaster Planning Important for Healthcare Organizations?

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

Neopay

JUNE 27, 2024

It is crucial to conduct a thorough assessment of your financial position and ensure that you meet the minimum capital requirements. Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

DECEMBER 13, 2023

Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations. Risk Assessment and Compliance Prediction: AI can assist in proactively identifying potential compliance risks by analyzing historical data and patterns.

AI 102

AI Process Fraud Detection Compliance 102

Fintech News

JULY 24, 2024

Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures. Finally, the Evaluation stage ensures continuous assessment and improvement. This phase translates plans into tangible improvements in the bank’s infrastructure.

Finance 98

Finance Risk Mitigation Automation AI 98

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

Fintech News

JANUARY 21, 2024

The database’s approach to disaster recovery, involving a network of IDCs across multiple sites, focuses on providing resilient and dependable data management solutions. After comprehensively assessing available solutions, PalmPay found its answer in OceanBase. ” The numbers tell a compelling story.

Database 99

Database Disaster Recovery Addressing Volume 99