PYMNTS

SEPTEMBER 29, 2017

Managing Risk. One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

Fintech News

JUNE 5, 2024

In the IEOM award-winning paper titled “Reimagining the Management of Outsourcing Life Cycles in the Fintech Era for Financial Services,” Dr Thng, together with SMU Doctor of Engineering candidate, Tristan Lim, introduced a novel outsourcing life cycle management model tailored to address the unique nuances of financial services more effectively.

FinTech 106

FinTech Mitigation Risk On-Demand 106

PYMNTS

SEPTEMBER 15, 2020

Rising eCommerce volumes and an embrace of the direct-to-consumer (D2C) sales model has led merchants to shift their own payment strategies — and seek out banking providers that can address those changing needs. Diversifying Risk.

Service Provider 119

Service Provider Payments Risk Acquirers 119

Fintech News

JULY 24, 2024

Additionally, human error remains a significant risk factor; as systems become more complex, the potential for misconfigurations or operational mistakes increases. Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures.

Finance 115

Finance Risk Mitigation Automation AI 115

PYMNTS

APRIL 9, 2019

. “But they’ve probably grown up separately because, traditionally, banks have looked at one as a financing opportunity or corporates looked at one as a monetization opportunity, and the other is pure risk mitigation. But I think, for a number of reasons, you start to see the two go more hand in hand.” ”

Finance 63

Finance Risk Mitigation Underwriting Mitigation 63

Fintech Finance

OCTOBER 11, 2024

Bank is subject to more stringent approval processes for new bank products, services, markets, and stores to ensure the AML risk of new initiatives is appropriately considered and mitigated. Plans are in place to address the requirements and limitations contained in the consent orders, including adjustments to the Bank’s U.S.

AML 98

AML BSA Money Laundering Financial Crimes 98

PYMNTS

JULY 24, 2020

So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. ” Yet SMBs face even greater headwinds in their efforts to mitigate these risks. ” Combating Risk Through Technology. ”

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

Stax

JANUARY 8, 2024

PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. So you must have risk avoidance, risk identification, and risk reduction strategies in place to combat fraudulent transactions.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Nanonets

MAY 31, 2023

AI can help mitigate these issues. This empowers finance professionals to make informed decisions about budgeting, cash flow management, investment opportunities, and risk mitigation. Communicate the benefits of AI adoption to your finance team and address any concerns or resistance well ahead of the integration.

AI 122

AI Finance Fraud Detection Mitigation 122

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

PYMNTS

SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. ” The U.S.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management 54

Risk Management Risk Risk Mitigation Mitigation 54

PYMNTS

OCTOBER 14, 2019

. “If you go a little deeper, into suppliers’ suppliers (Tier 2 and [Tier] 3 suppliers), then the risk increases.” ” Take the compliance risk, for example. That struggle to share information is among the largest barriers to supply chain risk mitigation, noted Vakil. ” Data Evolution.

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

PYMNTS

OCTOBER 7, 2016

” Financial institutions today are also struggling to connect the dots between all of the ways they use data analytics to mitigate risk and add value to their lending operations, added Horrocks. He offered the example of banks using analysis of financial statements to assess risk in the loan origination process. .

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

PYMNTS

JUNE 17, 2020

Gianluca Pizzituti , CEO and co-founder of invoice financing platform Velotrade , told PYMNTS about the risks financiers must mitigate in the trade finance arena, the role of data in mitigating those threats, and the evolving role of invoice finance to help B2B companies endure the most volatile market many have seen in years.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

NOVEMBER 19, 2018

With “audience,” “purpose” and “actionable” as foundations of the Playbook, the team decided on key topic areas for inclusion, including faster payments opportunities, business strategy, risk mitigation and compliance and internal impacts.

NACHA 63

NACHA Faster Payments Risk Mitigation Payments 63

Clearly Payments

FEBRUARY 3, 2024

For merchants, integrating Buy Now, Pay Later (BNPL) into their payment processing systems offers a unique avenue to drive sales, entice new customers, and mitigate certain risks. Provide responsive customer support to address inquiries promptly and nurture positive brand relationships.

BNPL 77

BNPL Payments Mitigation Best Practices 77

PYMNTS

NOVEMBER 2, 2016

InAuth, the device authentication and intelligence company, and Early Warning, the real-time payments, authentication and risk mitigation company, announced Tuesday (Nov. The network addresses security concerns, interoperability problems and delays in funds availability common in today’s P2P services.

Zelle 62

Zelle Real Time Payments Authentication Risk Mitigation 62

PYMNTS

SEPTEMBER 11, 2018

According to Jay Wissema, director of business development at cross-border payment solutions provider Volopa, recent events in the global markets have heightened awareness of the importance of foreign exchange volatility risk mitigation. Part of SMBs efforts’ to address a volatile market should be FX risk mitigation.

Cross-Border Payments 40

Cross-Border Payments Risk Mitigation Cross-Border Mitigation 40

PYMNTS

OCTOBER 8, 2020

We started Retirable to address America's advice gap,” End told PYMNTS in a recent interview. But when you get into decumulation, you have to start thinking about: ‘How do I de-risk my plan and make this money last as long as possible?’ And so in this stage, a lot of the talk is about risk mitigation versus taking on risk.”. “We

AI 90

AI Social Security Risk Mitigation Risk 90

FICO

FEBRUARY 7, 2017

Cyber-readiness is increasingly a necessity for organizations, but for insurance underwriters, evaluating an organization’s cybersecurity risk and setting the appropriate insurance premium continues to be an inexact science. To learn more, read our Executive Briefing Understanding Your Cybersecurity Posture.

Cybersecurity 51

Cybersecurity Risk Mitigation Mitigation Underwriting 51

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

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

PYMNTS

JANUARY 26, 2018

Enterprise transactions are full of friction and risk,” said CapLinked CEO Eric M. While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction.

Blockchain 62

Blockchain Transactions B2B API 62

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 Mitigation 59

PYMNTS

APRIL 27, 2016

More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

Neopay

MARCH 4, 2024

Therefore, prioritising compliance, risk management, and ethical conduct is essential to mitigate the risk of regulatory scrutiny.

Compliance 52

Compliance Mitigation Risk Mitigation Risk Assessment 52

PYMNTS

SEPTEMBER 8, 2020

Also, key to addressing these pain points are risk mitigation efforts like stringent credit controls and Know Your Customer assessments, which can ensure that the credit that is extended to customers is done so responsibly.

B2B 86

B2B Payments Commercial Card Mitigation 86

PYMNTS

DECEMBER 11, 2018

“Boards of directors and executive management teams cannot afford to manage risks casually on a reactive basis, especially considering the rapid pace of disruptive innovation and technological developments in an ever-advancing digital world.” ” A Closer Look At The Risks.

Mitigation 65

Mitigation Risk Risk Mitigation Research 65

PYMNTS

NOVEMBER 10, 2017

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. Purchase Finance addresses this by enabling businesses to pay their suppliers directly, using a funding line from Ultimate Finance, who can pay the supplier directly.”.

Finance 40

Finance Risk Mitigation Mitigation B2B 40

The Fintech Times

JULY 29, 2024

They invest in advanced cybersecurity protocols to safeguard sensitive information and employ AI-driven algorithms for continuous monitoring and risk mitigation. “Successful fintech impact platforms excel by addressing genuine issues rather than creating new problems to solve.

FinTech 69

FinTech Due Diligence Cybersecurity Risk Mitigation 69

PYMNTS

MAY 2, 2019

A press release this week said Citi is collaborating with EY and SAS on its NextGen project, which will include the development of a risk analytics scoring engine that uses AI to address friction in reviewing global trade transactions. ”

Transactions 53

Transactions AI Cross-Border Risk Mitigation 53

PYMNTS

NOVEMBER 6, 2018

The tool interconnects Shell’s central treasury office to its 718 operating units to manage foreign exchange (FX) risk and volatility with its more than 200 bank partners. “Now, we can more efficiently route market requests from regional centers around the world to our central treasury.

Treasury 53

Treasury Treasury Management Risk Mitigation Blockchain 53

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “Automated workflows facilitate real-time risk management, ensuring a coordinated response to evolving threats.

Risk 59

Risk Financial Crimes AML Risk Management 59

PYMNTS

SEPTEMBER 12, 2018

These problems faced by SMBs are also shedding light on supplier payment practices and large corporates’ strategies of lengthening payment terms to their suppliers in an effort to address their own cash flow crunches. ” In other words: more affordable financing. ” In other words: more affordable financing.

Finance 40

Finance Risk Mitigation Small Business Mitigation 40

EBizCharge

DECEMBER 18, 2024

4 primary purposes of a clearinghouse Understanding the primary functions and purposes of a financial clearinghouse is crucial since these institutions ensure transactions are safe and efficient, reducing the risks associated with exchanging money or information. These clearinghouses provide stability and mitigate risk in futures markets.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

PYMNTS

JUNE 26, 2019

This is the pain point that LeafWorks aims to address with its recently announced Supply Chain Certification solution. Mitigating Risk For Third Parties. Supply chain verification is instrumental in mitigating the risk of noncompliance for marijuana firms regulated at the state level.

Legal 44

Legal Mitigation Verification Risk Mitigation 44