FloQast

MAY 13, 2024

Accounting is the backbone of financial transparency and corporate governance, and the profession is undergoing a transformation driven by technological advancements and shifting market dynamics. Continuous Learning with Digital Transformation As digital technologies evolve, continuous learning is essential for accounting teams.

Accounts 52

Accounts Technology Cybersecurity Audit 52

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 evolving nature of cross-border payments demands a proactive approach. The post U.S.

Cross-Border Payments 93

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

Finovate

OCTOBER 1, 2024

Kani’s technology helps businesses complete multiple weeks’ of complex transaction reporting and reconciliation work in under 30 seconds. customers, is scalable and offers the potential to expand via deeper integration, advanced reporting, and continuous regulatory compliance needs as Cardaq grows in the future.

Acquirers 52

Acquirers Reconciliation Regulatory Compliance Compliance 52

The Fintech Times

APRIL 8, 2024

While BaaS solutions offer a lot of potential, many have concerns regarding the regulatory compliance of providers and the third parties that use them. To find out more about the regulatory hurdles the BaaS space possesses, we reached out to industry leaders and asked them which regulatory challenges fintechs should be most aware of.

FinTech 116

FinTech Regulatory Compliance BSA Money Laundering 116

Fintech News

OCTOBER 21, 2024

Data management & privacy, and regulatory compliance are also significant issues that must be addressed closely. This suggests that seasoned professionals who have witnessed previous technological changes in finance see strong potential in DeFi to act as an agent of change.

Regulatory Compliance 59

Regulatory Compliance Finance Privacy Risk Management 59

Fintech Review

JANUARY 9, 2024

As a space that merges finance with technology, it’s an exciting yet challenging arena. Prioritize Regulatory Compliance Photo by Sora Shimazaki on Pexels.com For fintech founders, one of the primary areas of focus should be regulatory compliance. Fintech founders must foster agility within their startups.

FinTech 64

FinTech Regulatory Compliance Compliance Regulations 64

FloQast

JANUARY 22, 2024

How CFOs and Business Leaders Can Leverage Technology to Prepare for the Market Shift CFOs and business leaders must be ready to strike when the market shifts. Technology solutions improve workflow and free team members up from: Low-level, mundane tasks Repetitive tasks Companies are facing challenges that can impact their IPO readiness.

Automation 52

Automation Technology Audit Compliance 52

The Fintech Times

MARCH 25, 2024

Here, Mark Horwood-James , managing director of personal finance technology at Moneyhub , the data and payments fintech, explains how open finance is changing the way business leaders approach tech investment. Today’s decisions around technology investment and strategic direction will lay the foundation for future success.

Finance 115

Finance Regulatory Compliance Compliance On-Demand 115

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

The Fintech Times

FEBRUARY 25, 2024

Intellect Design Arena Ltd , a cloud-native fintech firm serving banking and insurance clients across the globe, has launched its ‘first principles’ technology suite, ‘eMACH.ai’, for bankers specifically in the Middle East and Africa. With the new technology suite, Intellect Design Arena aims to keep a bank’s customer in focus.

Payment APIs and Integration 105

Payment APIs and Integration Regulatory Compliance API Compliance 105

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

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 106

Compliance AML Money Laundering Regulatory Compliance 106

The Fintech Times

OCTOBER 12, 2024

The FinTech Scotland innovation call aims to tackle critical data and technology challenges to enhance the integration of Environmental, Social, and Governance (ESG) factors in the financial services sector. Scott Logic : A B Corp focused on addressing data quality and reliability in greenwashing.

FinTech 52

FinTech Regulatory Compliance AI Professional Development 52

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 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 64

AI Addressing On-Demand Blockchain 64

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 64

Bank Card Finance Cross-Border Regulatory Compliance 64

Fintech News

APRIL 16, 2024

But in order to leverage the benefits of gen AI, risk and compliance functions must establish clear guidelines and frameworks that not only address inbound risks from gen AI but which also ensure the responsible usage of gen AI, a new paper by McKinsey says. Financial services companies are also ramping up investments in gen AI.

Risk Management 111

Risk Management AI Risk Use Case 111

Finovate

JUNE 20, 2024

The rapid evolution of technology turned regulatory compliance into a daunting frontier. Firms are not only required to keep up with changing technologies, but they also need to stay on top of increasingly complex requirements. Misra : The traditional methods of regulatory compliance work for traditional regulations.

Compliance 52

Compliance Regulatory Compliance Regulations AI 52

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

The Fintech Times

JULY 31, 2024

As natural catastrophes, including wildfires and convective storms, become more frequent and severe, insurers are looking for new ways to accurately predict and proactively address the growing threat of climate risk. “We’ve had a very positive experience effectively utilising ZestyAI’s technology in wildfire-prone states.

Risk 59

Risk AI Risk Assessment Assessments 59

Fintech News

FEBRUARY 21, 2024

This alignment of powers across various financial regulations underscores MAS’s strategic approach to navigating the intricacies of modern financial crimes, ensuring that the regulatory framework is equipped to address challenges posed by technological advancements and global financial operations.

Financial Crimes 109

Financial Crimes Crime Authorization Consulting 109

Seon

JULY 10, 2024

In contrast, payment transaction monitoring ensures regulatory compliance and the proper processing of legitimate transactions. However, the two often overlap, as both contribute to an organization’s overall risk management and compliance efforts.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

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

The Payments Association

SEPTEMBER 30, 2024

Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance. Promising technologies for merchant innovation As the conversation shifted to innovation, Fletcher highlighted the potential of frictionless payments in the retail space.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

Fintech News

APRIL 28, 2024

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

AI 109

AI Innovation Financial Crimes Crime 109

The Fintech Times

SEPTEMBER 4, 2024

. “Even with agile teams and tools, changes can be disruptive, especially when legislation hasn’t yet caught up with technology” But it’s not just falling foul of regulatory rules that teams need to be wary of. On one hand, these technological advancements help make the work more efficient, simple, and agile.

Compliance 64

Compliance Rules Regulations Cybersecurity 64

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures. This gathering comes at a pivotal moment.

Finance 115

Finance Risk Mitigation Automation AI 115

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. Banks must assess their readiness to address interest rate-related risks and potential economic challenges.

AI 112

AI Risk Non-Bank On-Demand 112

The Fintech Times

DECEMBER 28, 2023

Today our leaders address escalating challenges related to fraud and the need for businesses to take proactive measures to address these issues and maintain customer trust and regulatory compliance. In this pursuit, businesses like SEON can help companies to bolster their defences against sophisticated fraud schemes.

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81

Fintech Finance

JUNE 3, 2024

We’re extending our platform to address this problem, meeting the needs of global marketplaces so they can build more flexible, dynamic, and efficient payment ecosystems whilst maintaining collaborative relationships with their sellers around the world, ” said Ramana Satyavarapu, Chief Technology Officer at Nium.

Cross-Border 52

Cross-Border Cross-Border Payments Multi-Currency Payment Service Provider (PSP) 52

Neopay

JUNE 27, 2024

Taking steps to overcome some of the problems firms have experienced in the last few years, it has taken on more staff, improved technology and digitized parts of the authorisation process. 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

MARCH 27, 2023

Mortgage automation is revolutionizing the way lenders process loans, with advanced technology solutions helping to streamline and speed up the process. In this blog post, we'll explore the benefits of mortgage automation, the role of OCR technology in the process, and how Nanonets can help streamline the workflow.

Automation 52

Automation Regulatory Compliance Underwriting Origination 52

M2P Fintech

JANUARY 3, 2024

Addressing these concerns requires investment in the right technology and resources. Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

Neopay

FEBRUARY 27, 2024

In the fast-paced world of financial technology (fintech), adaptation and innovation are not merely buzzwords but necessities for staying competitive and compliant. The dynamic landscape of fintech The fintech industry has seen exponential growth in recent years, driven by advancements in technology and changing consumer preferences.

FinTech 59

FinTech Compliance Audit Risk Management 59

Open Banking Excellence

SEPTEMBER 27, 2024

This key regulatory measure was enacted with the collaboration of key regulators, such as the Secretariat of Finance and Public Credit (SHCP), the National Banking and Securities Commission (CNBV) and the Central Bank of Mexico (Banxico). In 2023, the Fintech landscape experienced notable growth.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Nanonets

SEPTEMBER 18, 2024

In this article, you’ll learn how to set up efficient document workflows that save time and reduce error, ways to address common challenges, and automated tools for different use cases across industries. Even small errors can lead to significant financial discrepancies or compliance issues.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

Fintech News

FEBRUARY 7, 2024

This measure of accountability, although significant, underscores a more profound crisis within the realms of digital banking, where DBS’s journey in 2023 became symbolic of the fragility lurking beneath the surface of technological advancements in the financial sector.

Non-Bank 105

Non-Bank Authorization Regulatory Compliance On-Demand 105