PYMNTS

MARCH 27, 2019

Dries Verboven, market manager of regulatory reporting at Wolters Kluwer Finance, Risk & Reporting, says it’s all about data, which is both the key to regulatory compliance, and to a more efficient and profitable operation for the entire institution. The Key To Compliance Is Data. From Burden To Opportunity.

Compliance 46

Compliance Regulatory Compliance Regulations Risk Mitigation 46

PYMNTS

JULY 17, 2019

Loan portfolio data and access to “multidimensional analytics” about lending operations and risk exposures is essential to banks and other financial institutions in their quest to balance access to capital with risk mitigation. On top of that balancing act is the rising pressure of regulatory compliance, too.

Risk 52

Risk Compliance Risk Mitigation Mitigation 52

FICO

SEPTEMBER 16, 2020

In fact, 20 percent of respondents picked this as their principal obstacle in meeting financial crime risk mitigation targets. We can see that addressing the competing needs of regulatory compliance and customer experience remains a balancing act for most institutions.

Money Laundering 52

Money Laundering Financial Crimes AI APACS 52

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. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud.

Risk 59

Risk Financial Crimes AML Risk Management 59

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

FEBRUARY 12, 2024

As we embrace the advantages of automation, addressing transparency concerns becomes paramount, ensuring that borrowers understand the factors influencing their loan outcomes. No more waiting on hold or adhering to business hours—borrowers can now have their queries addressed instantly.

AI 52

AI Fraud Detection Regulatory Compliance Automation 52

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance. In  clinical research ,  vendor management  involves stringent  regulatory requirements , including ICH E6 Good Clinical Practice, ISO 14155, FDA 21 CFR Part 50, and Regulation (EU) No 536/2014.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

FICO

FEBRUARY 14, 2017

I’m going to explore the impact advanced analytics can have on the current state of regulatory compliance. That’s what a compliance officer is looking for. AI will increase the efficiency and effectiveness of a risk mitigation strategy in multiple ways, and will directly address the two challenges for risk-based systems.

AML 40

AML Compliance AI Money Laundering 40

PYMNTS

SEPTEMBER 9, 2016

He said the majority of the company’s customers view the upcoming Same Day ACH implementation in one of two ways: It’s simply a regulatory compliance issue they must address now, or it’s a longer-term initiative that could lead to business opportunities. Faster Payments Risk-Mitigating Capabilities.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance.

Innovation 58

Innovation Verification AML Money Laundering 58

Nanonets

MARCH 12, 2024

Strategic Planning: Facilitates the formulation of actionable strategies to address gaps, optimize performance, and capitalize on opportunities. Standardized Reporting Framework: Offers a consistent method for capturing and validating financial data, crucial for meeting diverse regulatory requirements.

Process 52

Process Finance Reconciliation Compliance 52

Nanonets

AUGUST 16, 2024

Risk mitigation and fraud prevention Fraud detection technologies have been instrumental in reducing the $40 billion annual cost of fraudulent claims in the U.S.   Regulatory compliance Regulatory standards vary by region and change frequently.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Nanonets

JULY 11, 2023

In today's business landscape, organizations face a myriad of challenges related to financial integrity, regulatory compliance, and operational efficiency. Effective purchases controls ensure compliance with regulations, mitigate risks and promote operational efficiency.

Procedures 40

Procedures Audit Mitigation Assessments 40

Fintech News

FEBRUARY 12, 2025

It also features a modular design for scalability, strong regulatory compliance measures, and seamless integration with existing financial systems to support businesses operating across multiple markets. Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates.

Treasury Management 91

Treasury Management Treasury Cross-Border Payments Multi-Currency 91

Fintech Review

FEBRUARY 25, 2025

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.

Finance 85

Finance Technology Distributed Ledger Technology (DLT) Fraud Detection 85

Fintech News

FEBRUARY 11, 2025

For starters, the AI Act is a comprehensive framework aimed at addressing AI risks while fostering innovation. It classifies AI systems into four categories: prohibited, high-risk, limited-risk, and minimal-risk. Both, with the role of overseeing AI compliance within the financial services.

AI 117

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 117