Fintech News

FEBRUARY 10, 2025

It could enable self-optimising financial assistants, adaptive credit assessments, and proactive compliance monitoring, making financial services more intelligent, efficient, and inclusive. Weve already seen this shift with robo-advisors, automated budgeting apps, and frictionless payments.

AI 76

AI FinTech Fraud Detection Fraud Prevention 76

Fintech Review

OCTOBER 16, 2024

DeFi platforms rely on smart contracts to automate transactions. This due diligence helps in assessing whether the high yield rates are likely to be maintained or are a temporary phenomenon. The post Yield Farming and Liquidity Mining: Assessing Risks and Rewards appeared first on Fintech Review.

Assessments 98

Assessments Risk Returns Audit 98

FloQast

JANUARY 22, 2025

As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation. But this drive for innovation comes with a responsibility to do things ethically and securely.

ISOs 105

ISOs AI Accounts Audit 105

Nanonets

JUNE 5, 2023

If so, then Robotic Process Automation (RPA) might be the solution you've been seeking. RPA is cutting-edge technology that enables businesses to automate repetitive processes. So buckle up as we take you on an exciting journey into the world of Robotic Process Automation. What is Robotic Process Automation (RPA)?

Automation 85

Automation Process Bots Use Case 85

Bank Automation

MARCH 18, 2024

This demand is driving a transformative shift towards leveraging Artificial Intelligence (AI) and automation to redefine credit and risk assessment strategies. In the dynamic world of financial services, the need for rapid and precise credit decisions has never been more crucial.

Credit Risk 83

Credit Risk Automation AI Risk 83

The Payments Association

NOVEMBER 27, 2024

Introducing corporate banking APIs will allow third-party service providers (TPPs) to create new, business-aligned products and solutions such as advanced financial management tools, automated payment solutions, and data-driven insights. Our Open Banking Compliance Hub is a strategic solution for Bahraini banks.

Third-Party Service Provider 88

Third-Party Service Provider API Legal Financial Inclusion 88

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Processors Money Laundering 68

VISTA InfoSec

JUNE 18, 2024

Conduct A Vulnerability Assessment Imagine your business as your house, but instead of gold jewelry, you have customer information and secret formulas on the computer. These cracks leave your fortress exposed. Vulnerability assessment allows you to understand your weaknesses before attackers exploit them. Outdated software?

Data Security 266

Data Security Security Encryption Cybersecurity 266

VISTA InfoSec

MARCH 6, 2024

assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. when it comes to logging and monitoring. Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 No changes. PCI DSS v4.0

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Fintech Review

APRIL 3, 2025

William Rieke, whose background includes financial modeling and automation, added, We are applying AI not only to assess sentiment and trends but also to refine execution strategies in real time. Our systems are structured to interpret large-scale data inputs, allowing us to manage volatility and risk exposure effectively.

AI 52

AI Risk Management Risk Assessment Assessments 52

Fintech Review

MARCH 25, 2025

Nikos Andrikogiannopoulos, CEO of Metrika, emphasized the significance of the collaboration: “By bringing our technology together with Moody’s Ratings’ expertise in evaluating financial exposures, we demonstrated how digital asset risks can be quantified within traditional risk assessment systems.

Risk 52

Risk Assessments Risk Management Blockchain 52

Nanonets

SEPTEMBER 27, 2024

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. These include customer applications, financial records, medical reports, and external risk assessments such as geographic or weather-related data.

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

M2P Fintech

MARCH 24, 2025

Today, adoption of digital solutions streamlined many aspects of the lending ecosystem, from automation of routine tasks to digitalization of verifications, significantly reducing approval times. For instance, the increase in use of digital and automated processes is likely to continue. With the market projected to soar to $ 71.8

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

The Payments Association

FEBRUARY 10, 2025

Since vIBANs are often treated as extensions of master accounts rather than independent relationships, firms fail to apply appropriate risk assessment frameworks. Real-time monitoring tools must be implemented to detect suspicious patterns, while AI-driven risk assessments can help identify emerging threats in cross-border transactions.

IBAN 88

IBAN AML Master Account Due Diligence 88

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. Fintech platforms are leveraging consumers full financial footprints to deliver contextual budgeting, automated savings, and bespoke investment strategiesturning transaction data into actionable insights.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Nanonets

FEBRUARY 1, 2024

Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others. Instead of manually handling invoices, checking them, and making payments, AP automation uses software to do these tasks more quickly, accurately, and with less human effort.

Automation 64

Automation Accounts Process Multi-Currency 64

Fintech Review

MARCH 17, 2025

FXDyno is designed to filter out market noise, identifying optimal entry, hold, and exit points based on real-time price wave assessments. As automated trading continues to reshape financial markets, strategies that merge speed, adaptability, and precision are becoming essential tools for traders looking to navigate golds volatility.

AI 52

AI Advisors Automation Risk Management 52

Fintech News

APRIL 16, 2024

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. The bank says that roughly two-thirds of US occupations are exposed to some degree of automation by AI.

Risk Management 114

Risk Management AI Risk Use Case 114

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. These enhancements usher in greater automation and visibility, empowering proactive risk assessment, more effective management of compliance programs, and smoother internal audit processes.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

The Fintech Times

FEBRUARY 19, 2025

” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Risk Monetary Loss Automation 64

The Fintech Times

APRIL 15, 2024

“By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. However, a significant revolution lies ahead – the personalisation of services based on individual user assessments. “Finally, AI is reducing risk in the embedded insurance space.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

FloQast

OCTOBER 21, 2024

There sure is: Automated bank reconciliation. Automating your reconciliations both limits the possibility of errors and significantly cuts the time and effort needed. For accounting professionals, implementing a solid automated bank reconciliation process can change the way they approach financial operations within their business.

Reconciliation 52

Reconciliation Automation Process Best Practices 52

The Payments Association

JANUARY 13, 2025

Safeguarding audits: Firms are required to arrange safeguarding audits to assess compliance with the rules. For many of the smaller entities, this could necessitate hiring additional compliance staff or investing in automated systems. The FCA encourages the use of qualified auditors with specific safeguarding expertise.

Compliance 88

Compliance Audit Legal Reconciliation 88

Finovate

JANUARY 22, 2025

The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. The partnership will enable the financial institution to automate specific parts of its income verification and document handling processes to boost efficiency for mortgage brokers.

Verification 52

Verification Audit Automation AI 52

The Finance Weekly

SEPTEMBER 23, 2021

Financial institutions are considering ways to strengthen their technical setup, potentially paving the way for automation. Automated Accounting. It's time to say goodbye to old-school accounting techniques and say hello to automation in 2021. However, managing automation isn't for everyone.

Risk Assessment 130

Risk Assessment AI Cross-Border Automation 130

The Fintech Times

JANUARY 20, 2025

However, this requires robust tokenisation services, in addition to a highly automated solution with API capabilities. These include: Improved acceptance rates: Advanced risk assessment capabilities result in fewer declined transactions, increasing successful payment completions and boosting revenue.

EMV 59

EMV Payment APIs and Integration Authentication Processors 59

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. This could be from risk assessments to incident response, by incorporating these practices into day-to-day workflows you strengthen your organizations resilience.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. This could be from risk assessments to incident response, by incorporating these practices into day-to-day workflows you strengthen your organizations resilience.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. This could be from risk assessments to incident response, by incorporating these practices into day-to-day workflows you strengthen your organizations resilience.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement. This could be from risk assessments to incident response, by incorporating these practices into day-to-day workflows you strengthen your organizations resilience.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

Fintech News

MAY 22, 2024

Arctic Intelligence (Australia) Headquartered in Sydney, Australia, Arctic Intelligence is a multi-award-winning regtech company specializing in financial crime risk assessment technologies. For larger enterprises and the consultants assisting them, Arctic Intelligence offers the Risk Assessment Platform.

Financial Crimes 99

Financial Crimes Crime APACS Risk Assessment 99

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.  Enter financial document automation, a game-changing solution revolutionizing how companies handle their paperwork, regardless of size or industry. How does financial document automation work?

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

The Finance Weekly

NOVEMBER 27, 2023

To assess your company's financial well-being, it's better to be objective rather than subjective. It helps you assess whether you have enough cash available for a significant expense. Unlike the current ratio, which assesses the likelihood of making payments within a year, the quick ratio provides a more precise gauge of this ability.

Assessments 130

Assessments Returns Accounts Automation 130

The Finance Weekly

AUGUST 26, 2023

Across various sectors, boards of directors are increasingly mandated to assess and disclose the effectiveness of risk management processes within their respective organizations. AI aids loan decisions, assessing individual risk profiles for granting loans and setting rates. This helps lenders proactively tackle credit risks.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

The Finance Weekly

APRIL 12, 2022

Assess the output of the Finance Function Within a finance function you have two distinct divisions, accounting and FP&A. Eliminating manual tasks and automating as many procedures as possible with accounting and FP&A solutions allows everyone to do more and be more strategic.

Finance 245

Finance Process Accounts On-Demand 245