Fintech News

NOVEMBER 18, 2024

Charting the Course: Assessing 2024’s Payment Security Scene, Predicting 2025’s Trends: This session provides valuable insights into current challenges and emerging trends, helping attendees proactively adapt their security strategies.

Payment Security 92

Payment Security Security Participant Industry Trends 92

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

FICO

DECEMBER 19, 2022

Assessing Digital Identity — You Need to Ask “Who?” With this framework, FIs can effectively take false positives and assess for authorized fraud/scam exposure. chevron_left Blog Home. AND “Why?”. FICO Admin. Thu, 08/22/2019 - 12:37. by Adam Davies. Vice President, Product Management. expand_less Back To Top. See all Posts.

Assessments 52

Assessments Scams Authentication Authorization 52

VISTA InfoSec

OCTOBER 21, 2024

In today’s blog we will explore about data protection officers, why do we need them and what are the responsibilities they have within an organization. Risk Management and Documentation DPO can help the organization assess risks associated with data processing and maintain records of processing activities, as required under GDPR.

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CCPA Privacy Laws Data Breach 130

Finezza

JANUARY 14, 2024

Scrutinising these statements helps understand the intricate workings of an organisation and helps assess its financial stability. It offers insights into the business’s financial health to investors, […] The post Explaining Financial Statement Analysis: A Comprehensive Guide for Lenders appeared first on Finezza Blog.

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VISTA InfoSec

MARCH 5, 2024

This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data. Whether you’re a business owner, a security professional, or just someone interested in data security, this blog post will provide you with valuable insights into the latest updates in PCI DSS Requirement 9.

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PCI DSS Procedures Assessments Checks 147

VISTA InfoSec

OCTOBER 21, 2024

Powering down the device if it’s showing signs of significant compromise, but only after assessing if it’s safe to do so. These professionals can conduct a thorough risk assessment, identify vulnerabilities, and implement appropriate incident response measures. Documenting any suspicious activity or messages seen prior to isolation.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

SEPTEMBER 26, 2023

We’ve delved into this new act in our series of blog posts. This blog post is designed to shed light on these penalties and help you navigate the intricacies of the DPDP Act. Read our blog on “ How to Comply with the Principles of the DPDP ”. So, without further ado, let’s dive in! Indeed, this is good news!

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VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

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PCI DSS Assessments Compliance Credit Cards 130

VISTA InfoSec

OCTOBER 20, 2023

This blog explores the importance of DRP in the context of EHRs and provides insights for healthcare CIOs to establish or enhance their DRP. Perform ePHI Risk Assessment: Potential Threats: Identify threats to ePHI assets, including natural disasters, technical issues, and security threats.

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

VISTA InfoSec

SEPTEMBER 28, 2023

To achieve a detailed understanding of the DPDP, please refer to our previous blog post. In this blog, we will focus on “How to Comply with the Principles of the DPDP.” Data Protection Impact Assessment (DPIA): This is a regular process detailing Data Principals’ rights and the purpose of processing their data. Let’s dive in!

Privacy 130

Privacy Audit Data Breach Breach 130

VISTA InfoSec

JULY 5, 2023

In this blog post, we’ll delve into the significance of PCI DSS compliance in healthcare and explore how it helps protect patient data and privacy. However, we will also share our knowledge about it in this blog post. Regularly test and assess network vulnerabilities to identify and address any weaknesses.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

Global Fintech & Digital Assets

OCTOBER 30, 2023

As before, and as described in our previous blog posts, intermediaries providing VA services will have additional terms and conditions imposed on their licences to implement the VA regulatory framework. This blog post sets out the key changes that the Joint Circular implemented to the previous VA regulatory framework. No Staking, etc.

Regulations 52

Regulations Assessments Caps Risk Assessment 52

Finovate

OCTOBER 8, 2024

. “Plaid provides both market-leading authentication through online banking and traditional account and routing number validation in the background,” the company explained in a blog post. Plaid’s risk assessment results in fewer returns for recurring payments. The second benefit is lower risk.

Non-Bank 59

Non-Bank Risk Assessment Processors Returns 59

VISTA InfoSec

JANUARY 29, 2024

For systems that are typically not susceptible to malicious software, carry out regular assessments to detect and assess emerging malware threats. Conduct discussions with staff to ensure that they are monitoring and assessing emerging malware threats for systems that are generally not prone to malicious software. evaluations.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

VISTA InfoSec

JANUARY 23, 2024

Networks that store, process, or transmit cardholder data naturally fall within the PCI DSS scope and must be assessed accordingly. You can also watch the video on PCI DSS Requirement 4: Conclusion: We trust that this blog has provided you with comprehensive and technical insights into the changes in PCI DSS v4.0,

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PCI DSS Encryption Procedures Best Practices 130

Fintech News

FEBRUARY 7, 2024

Eugene Liderman “Together with CSA, we will be closely monitoring the results of the pilot program to assess its impact and make adjustments as needed. ” said Eugene Liderman, Director of Mobile Security Strategy, Google in a blog post.

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Blocks Scams Best Practices Adjustments 104

Stax

NOVEMBER 15, 2023

Assessment fees Then, you’ve got assessment fees. Assessment fees are usually a small percentage of the transaction value. Assessment fees are usually a small percentage of the transaction value. Speaking of which, assessment fees are charged by card networks like Visa, Mastercard, or American Express.

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

FICO

JUNE 2, 2023

Home Blog Feed test Icing on the Cake: How the FICO Score and alternative data work best together Significant attention has been paid recently to the potential for use of alternative data to enhance the predictiveness and inclusiveness in credit scoring. See all posts chevron_left Blog home expand_less Back to top Related posts

Credit Risk 52

Credit Risk Financial Inclusion Risk Assessment Assessments 52

FICO

SEPTEMBER 15, 2022

We have been on a journey in Saudi since 2011, to grow lending and increase financial inclusion through the adoption of advanced risk assessment tools,” said Swaied Alzahrani, CEO of SIMAH. Prior to the implementation, lenders in the region had been relying heavily on salary data to assess a consumer’s propensity to repay a loan.

Financial Inclusion 52

Financial Inclusion Risk Assessment Assessments Risk 52

Global Fintech & Digital Assets

FEBRUARY 26, 2024

The Consultation Paper comes shortly after the Financial Services and the Treasury Bureau and the HKMA issued a consultation paper in December 2023 outlining their legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ).

Consulting 52

Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52

Exact Payments

JULY 12, 2024

These fees are assessed every month via a merchant statement that lists out account activity and costs incurred. Dues and Assessment fees Assessment fees, also known as dues and assessments or just assessments, are a set of fees paid to the card network. What Are Payment Processing Fees?

Assessments 52

Assessments Credit Cards PCI DSS Transactions 52

VISTA InfoSec

FEBRUARY 21, 2024

In this blog post, we will explore the detailed sections and overviews extracted directly from PCI DSS v4.0. For more insights and detailed discussions on PCI DSS and other data security topics, please visit our website at VISTA InfoSec and explore our range of informative blogs and we help organizations to comply with regulations.

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

FICO

APRIL 12, 2023

And while some of our clients’ business lines benefit from the very latest innovations, others such as mortgage continue to find that older versions of the FICO® Score – even some that were first developed decades ago – meet their needs for credit risk assessment. That’s because FICO® Scores are built to last. Ethan has a B.S.

Credit Risk 52

Credit Risk Risk Assessment Assessments B2C 52

FICO

APRIL 28, 2023

Home Blog FICO What Does 2023 Have in Store for U.S. Credit Risk Assessment Trends For a couple of decades now, there has been a growth in the use of alternative data (i.e., consumer data not included in the traditional credit file) for credit risk assessment. Credit Risk and FICO Score Trends? average FICO® Score has reversed.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

Global Fintech & Digital Assets

MARCH 5, 2024

In December 2023, the HKMA also published a consultation outlining a legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ) as well as a consultation on prudential treatment of cryptoasset exposures in February 2024 (see this Latham blog post ).

Authorization 59

Authorization Product Due Diligence Procedures 59

VISTA InfoSec

FEBRUARY 28, 2024

In this blog post, we will delve into the changes introduced in PCI DSS Requirement 8 from version 3.2.1 assessments.) Make sure these records outline who does what in terms of managing user accounts. Check that the people in charge of these tasks understand their specific duties. Requirement 8.3.6: Conclusion: PCI DSS v4.0

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Nanonets

SEPTEMBER 27, 2024

In the insurance industry, STP translates to automating various processes such as financial credibility assessment, KYC/Identity verification, underwriting, and claims processing. In this blog post, we'll explore what STP means in the context of the Insurance industry, the pain points within the industry and the benefits of STP.

Process 52

Process Underwriting Automation Database 52

Stax

JANUARY 15, 2024

Conduct regular internal audits—preferably on an annual or biannual basis—to assess ongoing compliance with federal regulations. PCI DSS requirements Businesses must complete a self-assessment questionnaire (SAQ) as part of the validation process. Assess potential implications on their behavior. Security audits. You’re all set!

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Nanonets

JUNE 12, 2024

In this blog, we will discuss five essential optimization practices for supply chain optimization today. KPIs serve as quantifiable measures that help businesses track and assess the efficiency of various supply chain activities. What is Supply Chain Optimization? Start by understanding your business's primary goals.

Automation 52

Automation Adjustments Risk Assessment Process 52

PYMNTS

OCTOBER 6, 2020

6) on its blog. Restaurants are increasingly working with delivery services to create business during the COVID-19 pandemic, even though some restaurateurs have publicly complained that the 40 percent fees some delivery services assess are onerous. Lyft users who subscribe to the company's $19.99

Assessments 80

Assessments Posting 80

FICO

OCTOBER 17, 2022

Instead, if we can go a step further to analyze when these transactions happen within the month, we can understand the customer’s spending patterns to assess credit risk. Aggregating this information, we can assess potential risks and apply a risk score. chevron_left Blog Home. FICO Admin. Wed, 10/03/2018 - 23:42. See all Posts.

Credit Risk 52

Credit Risk Payment APIs and Integration Consulting Risk 52

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? They must be able to assess whether unfair discriminations are taking place. They need to be assessing their AI systems now to understand what AI applications will be considered high-risk according to the AI Act.

AI 52

AI Regulations Legal Framework Non-Bank 52

FICO

APRIL 17, 2019

Chamber of Commerce have produced our second quarterly Assessment of Business Cybersecurity Risk — think of it as the FICO Score for the nation’s cybersecurity risk. Organizations can use the ABC and their individual cyber risk score as a basis for the following: Objective self-assessment. Third-party and supply chain risk assessment.

Cybersecurity 66

Cybersecurity Risk Data Breach Breach 66

Nanonets

APRIL 11, 2023

In this blog post, we will discuss the challenges faced by commercial lenders today, the pain points in the loan process, and how loan automation can address these issues to deliver significant benefits to all stakeholders. This disjointed communication results in inefficient information exchange and slows down the loan origination process.

Origination 52

Origination Automation Risk Assessment Underwriting 52

PYMNTS

DECEMBER 12, 2019

The social media company also commissioned a third-party Human Rights Impact Assessment in response to feedback that the board should be grounded in principles of human rights. It will pay for expenses like staff, office space and travel. Facebook reportedly plans to keep funding the operation of the board after the six years.

Assessments 52

Assessments Payroll Privacy Use Case 52

FICO

MARCH 24, 2021

Here are some quick tips to keep you focused on your priorities: Review Risk Assessments and adjust internal controls as needed. Also, check out related blogs written by my colleagues Erik Stretz on “Illegal Wildlife Trade: What Banks Must Do” and by Frank Moser on “ TBML: A Practical Guide for Protecting your Busines s.”.

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Money Laundering SARS Financial Crimes Fincen 98