Fintech News

MAY 20, 2024

The webinar will address the underutilization of transactional data by banks and its potential to drive customer engagement, increase customer lifetime value, and enhance business impact. These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences.

FinTech 135

FinTech Embedded Finance BNPL AI 135

Fintech News

NOVEMBER 27, 2024

This collaboration integrates Elliptic’s blockchain analytics into Sumsub’s platform, providing clients with enhanced tools to screen cryptocurrency wallets, identify fraudulent activity, and assess risk in transactions. The need for such solutions is critical as blockchain-related crime continues to rise.

Crime 112

Crime Financial Crimes Travel Rule Blockchain 112

PYMNTS

DECEMBER 21, 2016

Borrowers may want the innovation, technology and speed of an alternative lending platform but will demand the trust of a big, familiar name in banking. In Nav’s case, that dynamic largely takes the shape of promoting innovation in the credit assessment space. Absolutely, it drives trust.”.

Assessments 50

Assessments Privacy Small Business Finance 50

Fintech News

APRIL 7, 2024

Examples include verifying the user’s personally identifiable information (PII), assessing the age and reputation of the user’s email and phone number, verifying their location via IP address, and evaluating the trustworthiness of the device to assess the user risk level. ” says Wells.

Deepfake 130

Deepfake Scams Fraud Detection Verification 130

Fintech Review

NOVEMBER 27, 2024

Alternative Credit Scoring Models Fintech companies use data beyond traditional credit scores, such as transaction histories, online reviews, and even social media presence, to assess risk. Tala assesses creditworthiness through smartphone data, while Kiva uses peer-to-peer lending to connect small businesses with global investors.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

Fintech News

NOVEMBER 6, 2024

Brankas’ platform addresses key compliance requirements such as API standardization, authentication, and encryption. The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely.

Compliance 90

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 90

VISTA InfoSec

OCTOBER 21, 2024

Some of the most significant benefits include: Scalability: Companies can scale their contact center operations up or down based on demand without requiring extensive infrastructure investments. Scalability and Flexibility: Confirm that the platform can grow with your business and adapt to changing demands.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

The Payments Association

NOVEMBER 25, 2024

However, a pressing issue demands our collective attention: the de-risking practices that are inadvertently crippling legitimate money service businesses (MSBs) and empowering black-market alternatives. The PSR, tasked with promoting competition and innovation, has a statutory responsibility to ensure fair access to payment systems.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Fintech News

APRIL 16, 2024

But in order to leverage the benefits of gen AI, risk and compliance functions must establish clear guidelines and frameworks that not only address inbound risks from gen AI but which also ensure the responsible usage of gen AI, a new paper by McKinsey says.

Risk Management 112

Risk Management AI Risk Use Case 112

Fintech News

JUNE 5, 2024

This growth is not just a result of increasing demand and shifting market dynamics, but a direct consequence of the transformative impact of advanced financial technology (fintech) on the sector. In the financial sector alone, the global outsourcing market is projected to reach a value of US$68.8 billion by 2030.

FinTech 108

FinTech Mitigation Risk On-Demand 108

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. Banks must assess their readiness to address interest rate-related risks and potential economic challenges.

AI 116

AI Risk Non-Bank On-Demand 116

The Fintech Times

MARCH 25, 2024

This movement isn’t simply about the adoption of cutting-edge technologies; it signifies a profound reimagining of financial services provision aimed at cultivating innovation, driving efficiencies and addressing the evolving needs of consumers. The emphasis on a customer-first mindset is pivotal for cultivating trust and loyalty.

Finance 115

Finance Regulatory Compliance Compliance On-Demand 115

VISTA InfoSec

OCTOBER 21, 2024

In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release. The list of cyber security examples entails adopting comprehensive data protection strategies, ensuring network security, and staying compliant with regulations established by organizations such as NIST.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

NOVEMBER 27, 2019

Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. There are a few major pain points in corporate cross-border payments today, Halpin explained, which are greatly addressed with faster and real-time payment networks.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

Seon

MARCH 20, 2024

trillion annually, reflecting a 56% increase over the past decade, the urgency to address digital fraud has never been more acute. Digital Footprinting as a Critical Assessment Tool As businesses bleed five percent of their annual revenues to fraud, the imperative to reassess and fortify their fraud prevention strategies mounts.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

Fintech News

OCTOBER 23, 2024

In Southeast Asia, demand for digital lending solutions is on the rise, driven by shifts in customer expectations, regulatory changes, and heightened scrutiny of environmental, social and governance (ESG) considerations. Axe Finance will showcase the latest version of ACP, version 9.9

Finance 116

Finance APACS Multi-Currency Origination 116

FloQast

JANUARY 17, 2024

The reform effort is often described as ‘UK SOX’ ,a reference to the US’ Sarbanes-Oxley Act – SOX Act – which was implemented in 2002 to address a series of high profile financial scandals and control failures. New disclosure requirements to address investor concerns about director over-boarding.

Governance 84

Governance Government AAP Audit 84

Fintech News

MARCH 20, 2024

This transformation is not without its challenges, as banks grapple with the critical task of bridging the gap between traditional banking services and the demands of a digital-first customer base. In the last decade, GaussDB has been deployed on a large scale across multiple top banks in China.

Cybersecurity 112

Cybersecurity On-Demand Database Automation 112

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

PYMNTS

SEPTEMBER 19, 2016

Attacks can range from simple attacks through third-party applications, to malware with viruses or spyware placed on devices, to even ransomware that locks the device entirely and demands money from the user. Cyberthieves are getting crafty, focusing on sensitive information by targeting medical devices. The reason this is happening?

Data Breach 79

Data Breach Breach Cybersecurity Ransomware 79

The Fintech Times

OCTOBER 19, 2024

Regulatory pressures and growing consumer demand for responsible practices are driving the strategic direction of digital banking, with sustainability and ESG commitments playing a central role. But the reality is ESG is a way for banks to do business, and must be addressed proactively at the top of every board’s agenda.

On-Demand 106

On-Demand Financial Inclusion Consulting Product 106

Fintech Finance

AUGUST 2, 2024

By evaluating daily transactional data, it assigns personalized scores and ranks clients based on their behavior, helping financial institutions prioritize risks and identify emerging trends, thereby enhancing the accuracy of risk assessment. Are you ready for the instant payments regulation?

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

OCTOBER 2, 2020

Some businesses fail to undergo the routine audits they need to assess their systems’ security, and others do not want to — or cannot — spend the money it takes to upgrade them. Working with payments orchestration providers can help firms like these address their systems’ security flaws by taking on the compliance burden.

Compliance 97

Compliance Data Security Standard (DSS) Audit Data Breach 97

PYMNTS

OCTOBER 9, 2020

In particular, we are analyzing the extent to which such concerns cannot be fully addressed under the standard mergers regime.”. Concerns regarding competition “could be assessed under the standard ‘substantial lessening of competition’ test. Coscelli said the U.K.’s It means not being afraid to try using new tools and approaches.

Regulations 73

Regulations Assessments Addressing CHIPS 73

Fintech News

OCTOBER 23, 2024

To address this challenge, Nexi, Europe’s largest omnichannel acquirer by the number of clients, replaced multiple legacy acquiring systems with a unified Way4 platform. Sophisticated omnichannel payment scenarios When it comes to a seamless payment experience, some verticals are more demanding than others.

Acquirers 107

Acquirers C2B Online and Mobile Banking Risk Assessment 107

Fintech News

OCTOBER 16, 2024

It will explore the urgency of harnessing these groundbreaking technologies to enhance performance in financial services, future-proof encryption, and optimise efficiency and address the challenges of applying AI and quantum systems to the financial services tech stack.

FinTech 114

FinTech Cross-Border Payments AI Innovation 114

The Fintech Times

FEBRUARY 7, 2024

The government has also pledged £10million to prepare and upskill regulators to address and make the most of the opportunities presented by AI. It hopes the fund will support regulators as they develop ‘cutting-edge’ research and practical tools to monitor and address risks and opportunities across a variety of sectors.

Governance 112

Governance Government AI Regulations 112

The Fintech Times

MARCH 28, 2024

Synergy between innovation-driven startups and established industry players is not only reshaping traditional practices but also addressing the dynamic needs of modern consumers. We reached out to insurance experts to gain insights into how startups and incumbents are collaborating to drive innovation and meet changing consumer demands.

Innovation 69

Innovation Consumer On-Demand Risk Assessment 69

Stax

FEBRUARY 5, 2024

Over time, they’ve evolved into strategic means, addressing industry-specific challenges and adapting to economic shifts. Over time, they’ve evolved into strategic means, addressing industry-specific challenges and adapting to economic shifts. Businesses apply this during high-demand periods, such as rush hour or holiday seasons.

Credit Cards 88

Credit Cards Legal On-Demand Regulatory Compliance 88

Stax

DECEMBER 12, 2024

They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. Merchant service accounts and how they work Merchant service providers assess your credit history, business type, and expected transaction volume during application. Mobile payment solutions.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Fintech News

FEBRUARY 21, 2024

Providers were also obligated to assess customers’ risk awareness before granting access to their services and to provide regular statements and reports, ensuring that investors were well-informed about their crypto engagements. This regulatory foundation established further measures to safeguard investors and ensure market integrity.

Crime 108

Crime Ransomware Scams Stablecoins 108

PYMNTS

MAY 27, 2020

There are so many impacts that we’re dealing with that we need to be able to address and prepare for.”. Other communities have turned to smart city technology to assess crowding levels and compliance with social distancing policies. The global smart cities market is projected to grow to nearly $3.5 A Renewed Focus on Smart Cities.

Assessments 94

Assessments Technology On-Demand Economy 94

The Finance Weekly

DECEMBER 12, 2021

It's the most reliable way to get to the heart of your company's data demands and devise a strategy for the future. Whatever use cases the company has established, the finance professional's job is to assess the financial effect and return on investment of possible data initiatives in relation to the company's strategic objectives.

Use Case 90

Use Case Privacy Assessments Returns 90

Fintech News

APRIL 16, 2024

Over 3,000 senior decision-makers and 200+ speakers , sponsors, and exhibitors, and address key industry themes such as financial inclusion, sustainability, cybersecurity, and regulatory frameworks at the event. According to the report, cashless payments are now widespread in the country, reaching an adoption rate of 94% in 2021.

FinTech 120

FinTech Bots Central Bank Innovation 120

The Fintech Times

SEPTEMBER 30, 2024

Demand for these credits evidently exists: buyers now want to know that the SDG claims attached to any credit they purchase are robust. The BeZero Carbon Rating assesses the quality of carbon credits on an eight-point scale ranging from ‘highest likelihood’ to ‘lowest likelihood’ of achieving a tonne of CO₂e avoided or removed.

Due Diligence 64

Due Diligence Accreditation On-Demand Research 64

Fintech News

JULY 24, 2024

As financial services become more digitalised, they face increasing susceptibility to sophisticated cyber threats, demanding advanced security measures. Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures.

Finance 119

Finance Risk Mitigation Automation AI 119