The Fintech Times

NOVEMBER 16, 2024

Ensuring regulatory compliance Regulatory compliance also emerged as a significant challenge, with 60 per cent of participants highlighting the complexities of navigating evolving regulations.

Fraud Prevention 58

Fraud Prevention Compliance Regulatory Compliance AI 58

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Risk Data Aggregation and Reporting are quickly becoming hot-button regulatory issues both in the US and abroad.

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

The Fintech Times

OCTOBER 9, 2024

Coreless banking platform business, XYB has announced it will be joining forces with global tech firm, IBM , to help banks modernise their core systems and address growing requirements for modernisation initiatives.

Regulatory Compliance 52

Regulatory Compliance Compliance Addressing Consulting 52

The Fintech Times

SEPTEMBER 25, 2024

By embracing emerging technologies, firms can address the key challenges confronting them like cybersecurity and skill shortages to enhance their competitiveness and position themselves for future growth.”

Consulting 63

Consulting Risk Regulatory Compliance Financial Crimes 63

Fintech Review

NOVEMBER 12, 2024

White Labeling and Co-Branding In a white-label model, fintechs provide the technology and expertise, while banks manage regulatory compliance and branding. Banks benefit from fintechs’ innovative credit-scoring algorithms, while fintechs leverage banks’ capital reserves and regulatory compliance expertise.

FinTech 105

FinTech Financial Inclusion Regulatory Compliance Compliance 105

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform.

Transactions 106

Transactions Security Deepfake Travel Rule 106

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

The Fintech Times

OCTOBER 1, 2024

Roger Binks , chief commercial officer at Kani Payments Roger Binks , chief commercial officer at Kani Payments, commented: “The partnership between Kani Payments and Cardaq addresses significant industry challenges, including the implementation of automating reconciliations at pace, effective regulatory compliance, and fee apportioning.

Reconciliation 68

Reconciliation Compliance Automation Regulatory Compliance 68

Fintech News

OCTOBER 21, 2024

Data management & privacy, and regulatory compliance are also significant issues that must be addressed closely. DeFI Challenges However, in the study I also identify several challenges on the path to DeFi adoption. Security stands out as the primary concern, with 91% of experts identifying it as a critical issue.

Regulatory Compliance 102

Regulatory Compliance Finance Privacy Risk Management 102

Finovate

OCTOBER 1, 2024

“The partnership between Kani Payments and Cardaq addresses significant industry challenges, including the implementation of automating reconciliations at pace, effective regulatory compliance, and fee apportioning. ” The solution, which will initially be available to Cardaq’s U.K.

Acquirers 52

Acquirers Reconciliation Regulatory Compliance Compliance 52

Fintech Review

JUNE 12, 2024

These challenges include legacy systems, regulatory compliance, and cultural resistance to change. Regulatory Compliance The insurance industry is heavily regulated, and new technologies must comply with existing regulations. Insurers need to navigate complex regulatory landscapes while implementing innovative solutions.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech Finance

JANUARY 11, 2024

It explores the challenges faced by financial institutions in correspondent banking relationships, shedding light on regulatory compliance, security concerns, foreign exchange rate risks, and the impact of fintech players entering the field. The post U.S.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Fintech Finance

JUNE 24, 2024

This makes it much easier than traditional banks that often require proof of address to get a bank card. By embracing cutting-edge technology, the partnership has allowed Mama Money to fast-track innovation in the market while maintaining the highest levels of regulatory compliance.

Bank Card 98

Bank Card Regulatory Compliance Cross-Border Financial Inclusion 98

Fintech Review

NOVEMBER 6, 2024

With a distinguished career spanning both the public sector, digital assets and traditional finance, Hedi brings a wealth of expertise in permissionless security and regulatory compliance and combating financial crime, reinforcing 1inch commitment to legal integrity, principled compliance and robust governance.

Compliance 52

Compliance Financial Crimes Regulatory Compliance Crime 52

Fintech Review

JANUARY 9, 2024

Prioritize Regulatory Compliance Photo by Sora Shimazaki on Pexels.com For fintech founders, one of the primary areas of focus should be regulatory compliance. Navigating this regulatory landscape can be challenging, but it’s paramount for success.

FinTech 64

FinTech Regulatory Compliance Compliance Regulations 64

VISTA InfoSec

OCTOBER 20, 2023

Regulatory Compliance : Meets requirements like HIPAA that mandate disaster recovery plans. While entities can choose their methods for HIPAA disaster recovery planning, HIPAA mandates basic requirements in section 164.308(a)(7)(ii) , requiring organizations to address certain aspects.

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

Fintech Finance

OCTOBER 14, 2024

More than 40 billion cross-border transactions are screened each year for sanctions compliance, often multiple times to meet different regulatory requirements across the jurisdictions through which money flows. Almost 99% of those flagged for further investigation turn out to be false positives, creating extra costs and delays.

Cross-Border Payments 97

Cross-Border Payments Cross-Border SWIFT Innovation 97

Fintech News

MARCH 26, 2024

The initiative enhances Sumsub’s Travel Rule compliance services for the cryptocurrency sector by addressing the sunrise issue, a significant challenge where counterparties may not be reachable due to varying adherence to Travel Rule requirements across VASPs.

Travel Rule 111

Travel Rule Rules Compliance Transactions 111

Fintech News

NOVEMBER 20, 2024

Featuring a live discussion featuring leaders from Amazon Web Services (AWS), EFG and Nomura, the session provided a roadmap for financial institutions to capitalise on AI’s benefits while ensuring regulatory compliance.

AI 95

AI Finance APACS Regulatory Compliance 95

Fintech Review

JUNE 25, 2024

Traditionally, such transactions are marred by high fees, lengthy processing times, and inherent complexities due to different regulatory frameworks and currencies. Blockchain technology addresses these challenges by enabling direct peer-to-peer transactions across borders.

Blockchain 95

Blockchain Technology Innovation Cross-Border 95

Fintech Finance

OCTOBER 23, 2024

Intix’s survey found that most banks are prioritising investments in risk and compliance to prepare for these upcoming changes. Notably, 42% of organisations are dedicating the majority of their budgets to regulatory compliance. Banks show similar alignment in their approach to sanction screening and fraud detection.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

The Fintech Times

AUGUST 29, 2024

“By addressing the unique needs and regulations of various industries, Secure ID delivers unparalleled efficiency for businesses across the board.” Today, regulatory compliance is paramount for digital-first businesses to reduce losses and grow.

Checks 68

Checks Risk Assessment Security Payment APIs and Integration 68

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.

Finance 114

Finance Regulatory Compliance Compliance On-Demand 114

Fintech News

MARCH 3, 2024

In her new role at FOMO Group , Cindy will be essential in advancing the company’s compliance infrastructure, ensuring adherence to the diverse regulatory landscapes of the jurisdictions in which the company operates. She has previously served as the Chief Control Officer at Bank J.

Compliance 101

Compliance AML Money Laundering Regulatory Compliance 101

Fintech Review

NOVEMBER 6, 2024

Fintech companies are addressing this barrier with alternative credit scoring. Fintech companies are addressing this issue through digital identity solutions. Addressing Challenges and Ensuring Responsible Innovation While fintech has the potential to boost financial inclusion, challenges remain.

Financial Inclusion 110

Financial Inclusion FinTech Online and Mobile Banking Cross-Border Payments 110

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. Factors like regulatory compliance obligations and the potential financial or reputational repercussions are also considered during this assessment.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Neopay

DECEMBER 6, 2023

Skilled person reviews are an integral component of the FCA’s regulatory toolkit, initiated to obtain an independent and expert assessment of a firm’s activities. These reviews play a crucial role in identifying potential risks, ensuring regulatory compliance, and safeguarding the integrity of financial markets.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

The Fintech Times

FEBRUARY 25, 2024

Financial institutions orchestrate their offerings based on these events to ensure customer satisfaction and regulatory compliance. is the most comprehensive ‘first principles’ technology addressing the current and future needs of any financial institution. “We have conducted over 150 eMACH.ai ” The eMACH.ai

Payment APIs and Integration 104

Payment APIs and Integration Regulatory Compliance API Compliance 104

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. A Compliance Monitoring Plan helps you stay on top of regulatory requirements by systematically assessing your entire business operations.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

Seon

JUNE 20, 2024

As industry players brace for implementing these regulations, the focus remains on balancing regulatory compliance with operational efficiency. With this maturation comes new challenges, particularly in regulatory compliance and licensing across various markets.

Fraud Prevention 52

Fraud Prevention Regulatory Compliance AML Instant Payments 52

The Fintech Times

OCTOBER 18, 2024

Law and regulation risks : The risk of financial, reputational, or litigation damage resulting from a failure to monitor, control, and reduce regulatory compliance risks. Financial crime risks : Risks associated with the failure to prevent financial crimes such as money laundering and market abuse.

Risk 107

Risk FinTech Risk Management Cybersecurity 107

VISTA InfoSec

FEBRUARY 13, 2024

In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework. Developers typically release updates to address any new threats they identify, which makes it crucial for organizations to apply these updates promptly.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

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. Artificial Intelligence (AI) can also be utilized to ensure compliance and responsible handling of biometric data.

Privacy 130

Privacy Compliance Legal Best Practices 130

Finovate

JUNE 20, 2024

The rapid evolution of technology turned regulatory compliance into a daunting frontier. Misra , who sits at the forefront of this arena, is a pioneer in using LLMs to do the heavy lifting when it comes to compliance. Compliance platforms of the past are not able to cope with these new kind of reporting requirements.

Compliance 52

Compliance Regulatory Compliance Regulations AI 52

The Fintech Times

OCTOBER 12, 2024

Although this may not become a direct customer differentiator, challenger banks have increasingly come under the scrutiny of the FCA , meaning regulatory compliance and security will remain essential as they grow.

AI 108

AI Addressing On-Demand Blockchain 108

The Fintech Times

JUNE 25, 2024

Simplifying access to finance The new card makes it much easier than traditional banks that often require proof of address to get a bank card. By catering to the specific needs of a diverse customer base, Mama Money continues to dismantle financial barriers and promote inclusivity.”

Bank Card 63

Bank Card Finance Cross-Border Regulatory Compliance 63

Fintech News

OCTOBER 27, 2024

Source: PayerMax PayerMax focuses on regulatory compliance in the cross-border payment arena, constantly enhancing payment security. Successfully addressing all three levels of challenges requires a comprehensive approach.

Cross-Border Payments 110

Cross-Border Payments Cross-Border Fraud Prevention Value Added Service 110