FICO

MARCH 31, 2016

The Regulatory Compliance track will feature an impressive list of industry experts sharing best practices that address a diverse range of high-priority regulatory challenges. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO. Please join us in Washington DC April 26 -29!

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

VISTA InfoSec

MARCH 6, 2024

Changes Core Requirement Systems must be time-synchronized using a reliable technology. System Configuration Outlines specific best practices (central time servers, external sources based on Atomic Time/UTC, peer syncing). This rule is considered best practice until March 31, 2025.) Requirement 10.4.2.1

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Clearly Payments

SEPTEMBER 18, 2024

This guide provides an overall approach to managing a chargeback team, covering everything from key roles and responsibilities to leveraging technology, monitoring performance, and incorporating data-driven strategies. Implementing best practices helps your team operate effectively, reducing chargebacks and safeguarding revenue.

Disputes 96

Disputes Fraud Prevention Payments Credit Cards 96

The Fintech Times

SEPTEMBER 28, 2024

These upgrades aim to streamline transaction capture and reduce the need for manual processes by using advanced API technology, designed to integrate with dealer platforms and capture real-time transaction details. The technology also aims to support dealers by integrating seamlessly into their existing systems.

Payments Tools 59

Payments Tools Payment APIs and Integration Best Practices Payments 59

VISTA InfoSec

AUGUST 22, 2023

As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. Addressing these risks necessitates robust security measures, encryption, access controls, and breach response plans.

Privacy 130

Privacy Compliance Legal Best Practices 130

VISTA InfoSec

FEBRUARY 13, 2024

The proliferation of technology in the present age, while undeniably a win for innovation and modern convenience, has unfortunately been paralleled by an upsurge in cyber threats that present a multifaceted challenge to both businesses and individuals. Implementing a structured patch management process is key to overcoming this challenge.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Fintech Finance

FEBRUARY 8, 2024

One of Sweden’s fastest-growing fintechs, Brite announced a $60 million fundraise in October 2023 and is expanding its presence in markets across Europe in 2024, while investing in its technology stack – most notably Brite Instant Payments Network (Brite IPN) , the company’s proprietary network for processing instant payments.

Instant Payments 52

Instant Payments Best Practices Payments Addressing 52

Fintech Finance

JUNE 20, 2024

Flutterwave , Africa’s leading payments technology company, has committed to partnering with Nigeria’s Economic and Financial Crimes Commission (EFCC) to establish and lead a state-of-the-art Cybercrime Research Center. The post Flutterwave Leads Fight Against Fraud with EFCC Partnership appeared first on Fintech Finance.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97

VISTA InfoSec

JUNE 7, 2024

Implicit trust and the abundance of vulnerabilities in outdated security systems can lead to exposed IP addresses, the proliferation of spyware and other malware, and other security risks. A ZTNA solution blocks all network traffic by default and allows this traffic to flow only when and where organizational policy permits it.

Micro-Entry 162

Micro-Entry Data Breach Breach Cybersecurity 162

Fintech News

JANUARY 31, 2024

The DAA seeks to unite various sectors, including financial institutions, fintech companies, technology providers, and legal and regulatory experts, to address the evolving landscape of tokenised real-world assets. Featured image: Digital Assets Association Exco.

Best Practices 112

Best Practices Legal Blockchain Risk Management 112

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. Let’s dive deeper into risk management practices for PayFacs.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

FloQast

APRIL 8, 2024

Addressing material weaknesses is not just a legal requirement but a cornerstone of corporate governance and ensuring investor confidence, no matter the company size. In this article, we define what a SOX material weakness is and provide actionable strategies and best practices to avoid it. What Is a Material Weakness?

Compliance 52

Compliance Audit Best Practices Risk Assessment 52

Fintech Review

SEPTEMBER 3, 2024

The digital payments landscape is rapidly evolving, driven by technological advancements and changing consumer preferences. This growth is driven by advancements in Near Field Communication (NFC) technology and the increasing availability of contactless payment terminals.

Payments Trends 94

Payments Trends Digital Payments Contactless Payments Cryptocurrency 94

Nanonets

SEPTEMBER 25, 2024

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

AI 52

AI Process Best Practices Reconciliation 52

The Finance Weekly

DECEMBER 30, 2021

For businesses, this might spell out the adoption of a new strategy, scheduling approach, or technology implementation. Technology implementation has been a popular course of action in recent years for many organizations. The following are a few practical considerations as waves of new technology continue coming our way.

Technology 52

Technology MSPS Small Business Data Security 52

Fintech Review

FEBRUARY 13, 2024

With innovations like mobile banking, digital wallets, and blockchain technology at the forefront, fintech is leading a financial revolution. Consumer protection is not just a regulatory requirement : it is a fundamental right that must be safeguarded amidst advancing technology.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

Fintech News

APRIL 7, 2024

In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam challenges, notably within the financial sector in Asia. Stuart Wells These technologies play a crucial role in verifying identities in an environment increasingly compromised by sophisticated fraud.

Deepfake 132

Deepfake Scams Fraud Detection Verification 132

EBizCharge

APRIL 26, 2024

Understanding these reasons will help your business effectively address invoicing issues and prevent discrepancies with customers. 5 common reasons for short payments Since there are several legitimate reasons why a customer may short pay an invoice, businesses should work to recognize and address these valid concerns promptly.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

The Fintech Times

JUNE 21, 2024

This partnership between Flutterwave and the EFCC exemplifies how public-private collaboration can effectively address these issues. It will focus on several key areas: Advanced fraud detection and prevention Developing and implementing cutting-edge technologies to detect and prevent financial fraud.

Crime 64

Crime Research Financial Crimes FBI 64

Fintech News

MARCH 26, 2024

The initiative is designed to be a knowledge-sharing platform, encouraging dialogue among industry stakeholders on sustainable practices and innovations. This effort is expected to improve MSMEs’ access to sustainable business and finance opportunities by leveraging data and technology.

APACS 102

APACS FinTech SARS Authorization 102

The Fintech Times

APRIL 15, 2024

Cybersecurity in digital commerce: Addressing critical cybersecurity issues, understanding the latest threats, risk mitigation strategies, and best practices to safeguard businesses and customers in an interconnected world.

Risk Mitigation 59

Risk Mitigation Cybersecurity Best Practices AI 59

Seon

JUNE 24, 2024

It prevents issues such as payment fraud, account fraud (and misuse), loan fraud, and conducting business with high-risk individuals , as well as a stipulated practice for anti-money laundering (AML) compliance. This involves periodic reassessment of risks to incorporate new vulnerabilities, technologies or changing business needs.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Open Banking Excellence

SEPTEMBER 27, 2024

The main objectives of this law are to promote financial inclusion, establish a solid legal framework to increase users’ confidence in financial technology services, and stimulate greater competition in the financial market. In 2023, the Fintech landscape experienced notable growth. of households, while Internet penetration is 62.9%.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). This is covered in the below section.

Cryptocurrency 84

Cryptocurrency Stablecoins Cross-Border Payments Central Bank 84

Fintech News

APRIL 12, 2024

In Asia-Pacific (APAC), the financial landscape is evolving rapidly amid technological advancements, changing customer expectations and the rise of fintech. It strives to facilitate dynamic exchanges of innovative ideas, cutting-edge strategies, and best practices shaping the future of the industry.

APACS 120

APACS FinTech Innovation Finance 120

PYMNTS

MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

Technology 66

Technology Accreditation Payments Blockchain 66

Nanonets

MAY 7, 2024

Through this guide, we will define what expense reconciliation is, explore its significance to companies, the formal methods of going about it, as well as the challenges and best practices involved. By eliminating the need for manual data entry, Nanonets accelerates the reconciliation process and reduces the risk of human errors.

Reconciliation 52

Reconciliation Best Practices Compliance Credit Cards 52

The Fintech Times

FEBRUARY 5, 2024

Only 25 per cent have full confidence in their company’s cyber resilience strategy and its ability to ‘address today’s escalating cyber challenges and threats’. Slow data recovery Cyber resilience is a technology backbone for business continuity.

Ransomware 115

Ransomware Data Security Data Breach Breach 115

Fintech News

FEBRUARY 20, 2024

This collective endeavour between governmental bodies, financial institutions, and technology providers is designed to demystify and deconstruct the complexities surrounding ESG integration for MSMEs into more approachable and manageable actions. Central to Project Savannah is the ambition to streamline the ESG reporting process for MSMEs.

Small Business 105

Small Business Credential Facilitators Verification 105

Nanonets

JUNE 21, 2023

This article will provide a comprehensive guide to reconciling payments, its importance, challenges faced, best practices, and the role of automation in enhancing the process. It ensures that all transactions processed by the third-party payment processor are accurately recorded, and any discrepancies are addressed promptly.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Best Practices Automation 52

VISTA InfoSec

MARCH 5, 2024

Changes Scope Addresses specifically visitor access and authorization. Uses broader term "POI devices", potentially encompassing a wider range of card-reading technologies. Reflects evolving payment technology. Security Measures Lists required practices: Maintained device list, periodic inspections, staff training for awareness.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Fintech News

JUNE 6, 2024

“Many financial organisations are already adopting biometric and liveness detection technologies to strengthen their fraud prevention systems,” said Frederic Ho, Vice President of APAC at Jumio. Malicious actors can now create highly convincing videos, images, or audio recordings with these tools.

Scams 105

Scams Phishing Deepfake Verification 105

The Fintech Times

MAY 15, 2024

UK Technology Minister, Saqib Bhatti , announced two new codes of practice that hope to help developers improve cybersecurity in AI models and software, at CYBERUK, the government’s cybersecurity conference. This lack of transparency means it can be hard to identify and address potential biases or security risks.

Cybersecurity 72

Cybersecurity AI Governance Government 72

Fintech Finance

MAY 21, 2024

The partnership will also deliver enterprises with the latest trends and best practices around finance transformation through the integration of AP automation services. Together, our technology and leadership in the AP space will unlock new levels of touchless invoice processing.”

Automation 52

Automation Duplicate Finance Best Practices 52

Fintech News

FEBRUARY 6, 2024

The battle against financial crime is an ever-evolving challenge requiring expert knowledge, cutting-edge technology, and continuous learning. Sumsub equips industry professionals with the necessary tools to stay ahead by providing access to the latest best practices in transaction monitoring.

White Collar Crime 104

White Collar Crime Crime Suspicious Activity Report (SAR) Financial Crimes 104

EBizCharge

JUNE 3, 2024

Best practices for implementing Epicor payment processing Adhering to standard best practices is crucial when implementing Epicor payment processing. Additionally, offering a clear avenue for reporting issues or suggestions and providing timely responses helps address any concerns that may arise.

Process 52

Process Payment APIs and Integration Payments Disputes 52

FloQast

MAY 27, 2024

IBM defines finance transformation as “the combination of processes, systems, and organizational change across a business, which is implemented through new technologies, training, and analysis.” This includes competencies in data analysis, scenario planning, regulatory requirements, technology utilization, and strategic thinking.

Finance 52

Finance Best Practices Automation AI 52