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. It’s not as complicated as it sounds!

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. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech News

JULY 24, 2024

Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures. This involves technological considerations, business alignment, and regulatory compliance.

Finance 111

Finance Risk Mitigation Automation AI 111

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

DECEMBER 13, 2023

2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.

AI 102

AI Process Fraud Detection Compliance 102

Nanonets

JULY 28, 2023

The exponential growth of documents in healthcare leads to challenges such as reimbursement delays, lost documents, HIPAA compliance risks, inefficient use of file rooms, and additional expenses for copying, faxing, and couriers. This helps maintain data security, confidentiality, and regulatory compliance.

Disaster Recovery 52

Disaster Recovery Automation Compliance Procedures 52

Segpay

MARCH 20, 2024

Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry. Regulatory Compliance Challenges Deploying generative AI in banking is subject to a complex regulatory landscape governed by stringent data protection, consumer privacy, and financial regulations.

AI 92

AI Privacy Non-Bank Fraud Detection 92