VISTA InfoSec

OCTOBER 21, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. Regular Audits: Conduct regular security audits to identify potential vulnerabilities and address them before they can be exploited.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

PYMNTS

NOVEMBER 25, 2020

He said the person would examine a slew of facial images to determine authenticity, and in effect audit the data. If that vendor has problems because of load — because there is no disaster recovery, there is no redundancy — then they are stuck,” he said. Platforms also offer flexibility.

AI 141

AI Verification Disaster Recovery Authentication 141

Nanonets

DECEMBER 13, 2023

Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations. Audit Trail and Transparency: AI Insurance Claims Processing systems maintain detailed audit trails of all activities within the claims processing workflow.

AI 102

AI Process Fraud Detection Compliance 102

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Additionally, you need to conduct regular compliance training for your staff and internal audits. Let’s dive deeper into risk management practices for PayFacs.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Global Fintech & Digital Assets

MARCH 5, 2024

Segregation of client digital assets : Client digital assets should be held in separate client accounts (including wallet addresses) that are segregated from the bank’s own assets to protect against insolvency or bank resolution. Banks’ contingency and disaster recovery arrangements should cover any disruption to the outsourced services.

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

MAY 6, 2024

  BlackLine also provides configurable dashboards and reports that offer insights into reconciliation status, performance metrics, and audit trails. Audit Trails and Compliance : BlackLine maintains detailed audit trails of all reconciliation activities, providing a comprehensive audit trail for compliance purposes.

Reconciliation 52

Reconciliation Accounts Audit Automation 52

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Regularly conduct vulnerability assessments and penetration testing to identify and address potential weaknesses.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52