VISTA InfoSec

MARCH 6, 2024

assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. 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 Maintains the risk assessment step. assessment.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

FloQast

JANUARY 17, 2024

In May 2023, the Financial Reporting Council (FRC) published its consultation on the UK’s Corporate Governance Code. While the government has since delayed some Corporate Governance Code reforms, including the introduction of ARGA, the FRC has signalled its commitment to moving forward with other key proposals from the consultation.

Government 79

Government Governance AAP Audit 79

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. PayFacs also handle risk assessment, underwriting, settling of funds, compliance, and chargebacks. Think of them as service providers that rent their master merchant accounts to their clients.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

VISTA InfoSec

MARCH 5, 2024

Now is the time for organizations to re-evaluate their physical security strategies, conduct updated risk assessments, and refine their protection processes to align with these enhanced standards. certifications too right from scoping to Readiness Assessment, Advisory and Final Certification. We have completed multiple PCI DSS 4.0

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Neopay

DECEMBER 6, 2023

The Financial Conduct Authority (FCA) employs skilled person reviews, also known as Section 166 reviews, to assess and rectify concerns within financial institutions. 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.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

VISTA InfoSec

OCTOBER 11, 2023

In this process, you’ll come across key terms like PCI SAQ (Self-Assessment Questionnaire), AOC (Attestation of Compliance), and PCI ROC (Report on Compliance). Among other things, the AOC confirms that the merchant has completed a valid Report on Compliance (ROC) and Self-Assessment Questionnaire (SAQ). Let’s focus on the ROC for now.

PCI DSS 130

PCI DSS Compliance Audit Assessments 130

The Fintech Times

DECEMBER 19, 2023

Here Akshata Namjoshi, associate partner, and Ratul Roshan , senior associate, at legal consulting firm KARM Legal Consultants, explore the evolving regulatory landscape of BNPL services in the United Kingdom, Australia, Ireland, and the United Arab Emirates (UAE).

BNPL 113

BNPL Regulations Finance Consumer Protection 113

Neopay

MAY 7, 2024

The FCA aims to assist firms in understanding regulatory expectations while empowering them to assess the adequacy of their financial crime systems and controls. This includes references to the travel rule and updates to sections on risk assessment and fraud. The consultation period for these proposed updates closes on 27 June 2024.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

Fintech News

DECEMBER 6, 2023

This release, accompanied by a self-attestation checklist , marks the culmination of a public consultation process that spanned from June to August 2023. Detailed information about the CoC and the checklist, as well as MAS’ responses to the public consultation are available on MAS’ website.

Consulting 84

Consulting Authorization Assessments Governance 84

Neopay

DECEMBER 18, 2023

Under the FCA’s proposals, designated banks and building societies will need to assess gaps in access to cash. These assessments need to take into account local factors such as demographics and transport. ‘These proposals set out how banks and building societies will need to assess and plug gaps in local cash provision.

Rules 52

Rules Assessments Consulting Small Business 52

The Fintech Times

FEBRUARY 15, 2024

Fairer Finance , the consumer group, research agency and consultancy, has launched a ‘Fair Value Report’ tool, enabling financial service firms to assess the value offered by their products by benchmarking them against the wider market.

Product 64

Product Finance Assessments Credit Cards 64

Fintech News

JANUARY 10, 2024

Lawrence Wong Wong’s statement said, “MAS will continue to work with financial institutions to assess additional measures for higher risk transactions, including those relating to transfers to overseas payees and access of bank accounts from overseas locations.

Accounts 89

Accounts Scams Phishing Payee 89

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

The Fintech Times

FEBRUARY 14, 2024

Following an industry-wide consultation, and drawing on its own compliance and research findings, the LSB will enhance its guidance on digital journeys and how SMEs apply for or access financial products online. Carrying out exploratory work to assess how the business standards could be extended to a wider range of products and sectors.

Consulting 64

Consulting Financial Inclusion Best Practices Finance 64

The Paypers

MAY 9, 2023

The Bank of Canada has launched a public consultation that aims to assess how a digital dollar would fit into the Canadian economy.

Assessments 41

Assessments Consulting Economy 41

Neopay

MARCH 5, 2024

Payment transparency: Proposed updates to Recommendation 16: FATF will release proposed updates to Recommendation 16 on Payment Transparency for public consultation. Immediate action is required by firms to review and update their country risk assessments, incorporating changes to the overall customer risk assessment.

AML 52

AML Risk Assessment Money Laundering Assessments 52

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. “At Cowbell, we are actively assessing the cyber risk posture of over 39 million businesses in the US and the UK.

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

Payments Source

AUGUST 7, 2018

Lack of preparation for a PCI DSS assessment usually results in unexpected and unnecessary expenses, as well as lost productivity among all parties involved, writes Marc Punzirudu, director of security consulting services at ControlScan.

PCI DSS 72

PCI DSS Audit Assessments Consulting 72

Stax

DECEMBER 4, 2023

An effective AML compliance program must include Know Your Customer (KYC) protocols, transaction monitoring and reporting, risk assessment and categorization, and training and awareness for staff. Risk assessment and categorization The first step towards mitigating risk is to assess it.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

The Fintech Times

FEBRUARY 4, 2024

Membership organisation, Tech East , which is aiming to make the East of England the next global tech cluster, has commissioned consultancy firm Whitecap Consulting to create a comprehensive report on fintech in Norfolk.

FinTech 69

FinTech Consulting Assessments Innovation 69

VISTA InfoSec

JULY 31, 2023

After completing all the applicable requirements and steps mentioned in the PCI DSS checklist, businesses may engage a Qualified Security Assessor (QSA) to perform a formal assessment of their compliance with the PCI DSS. If any areas of non-compliance are identified during the assessment, the QSA will report their findings to the business.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

The Fintech Times

MAY 7, 2024

Building on the Tech Baseline Assessment under its ‘Fintech 2025’ strategy, the HKMA hopes to capitalise on the vast growth opportunities in the five fintech sub-sectors and technology types, as well as the substantial benefits that the wider financial services sector can derive from an expanded network of local fintech solutions.

Distributed Ledger Technology (DLT) 59

Distributed Ledger Technology (DLT) FinTech Authorization AI 59

Fintech Review

FEBRUARY 27, 2024

It provides external stakeholders, especially investors, a tangible metric to assess a company’s potential return on investment. Each of these valuation methods offers a different lens through which to assess the worth of a fintech startup, taking into account its unique position in the fast-paced and innovative fintech ecosystem.

FinTech 105

FinTech Duplicate Assessments Innovation 105

Neopay

SEPTEMBER 2, 2024

To help us understand why, we spoke with Neopay’s Consultancy Manager, Margita Layne. A Compliance Monitoring Plan helps you stay on top of regulatory requirements by systematically assessing your entire business operations. Can a Compliance Monitoring Plan be used for more than just adhering to FCA regulations? Absolutely.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

VISTA InfoSec

AUGUST 22, 2023

Principle of data minimization: Only the minimum amount of biometric data necessary for the intended purpose should be collected and processed, requiring careful assessment and avoidance of excess. Voiceprint: Assessment of vocal attributes such as tone, pitch, and enunciation.

Privacy 130

Privacy Compliance Legal Best Practices 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 67

Financial Crimes Crime APACS Risk Assessment 67

VISTA InfoSec

MAY 2, 2024

Managed IT support also include continuous monitoring and regular network security assessments, crucial for identifying vulnerabilities and implementing preventive measures. Managed IT services providers also offer consultative services to aid in planning and implementing your IT strategy effectively.

Cybersecurity 130

Cybersecurity Legal Compliance Service Provider 130

Open Banking

APRIL 20, 2023

We are pleased to open the consultation for v3.1.11 How and when to respond We welcome responses to the consultation from all interested parties. We will assess and respond to all submitted feedback with a view to releasing v3.1.11 of the Standard. is ready to align with this version (v3.4).

Non-Bank 52

Non-Bank Consulting Assessments Authorization 52

Neopay

JUNE 27, 2024

If you are partnering with a consultancy firm, make sure they provide workshops and training to help you ensure that you have a good understanding of the regulations that apply and, more importantly, how they apply to your specific business model and services.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Fintech Times

JUNE 20, 2024

In essence, this scorecard helps every hiring leader assess candidates on a number of dimensions, including cultural add. Lead with humility Carrie Freeman, executive lead, GET Cities Carrie Freeman , executive lead and chairperson of SecondMuse Group at inclusion consulting firm GET Cities.

FinTech 105

FinTech On-Demand Assessments Cryptocurrency 105

The Fintech Times

JUNE 3, 2024

Leon Gauhman , chief strategy officer of digital product consultancy firm, Elsewhen believes that generative AI (genAI) and large language models (LLMs) will have a three-fold business impact for banks: cost saving, redesigning work and, in the longer term, generating new revenue.

AI 69

AI Risk Mitigation Assessments Consulting 69

PYMNTS

OCTOBER 11, 2020

Ex- National Security Agency head Michael Rogers shared the assessment prior to appearing at an event FT is hosting. Rogers ran the NSA from 2014 to 2018 and now is a director at a consultancy called CyberCube that works with insurance companies. The hacking technique is called "spear fishing.".

Ransomware 116

Ransomware Assessments Consulting On-Demand 116

Neopay

JULY 2, 2024

Outcome metrics : The review noted a range of metrics used by firms to assess outcomes, from customer complaints and satisfaction surveys to retention rates and claims ratios. Adopt comprehensive metrics : A blend of different metrics should be used to monitor and assess consumer outcomes thoroughly. Registration is required to attend.

Consumer 52

Consumer Compliance Regulatory Compliance Assessments 52

PYMNTS

JUNE 24, 2020

FTI Consulting , the Washington, D.C.-based based financial consulting firm, is monitoring whether Wirecard has met the loan terms, and lenders are reviewing documents and talking with Visa Inc. After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 and Mastercard Inc. and Mastercard Inc.

Assessments 61

Assessments Consulting Agreements Visa 61

Fintech News

MAY 16, 2024

FWD Singapore In Singapore, the insurtech sector is leveraging artificial intelligence (AI)-driven risk assessment to transform the insurance industry. Income Insurance is also a social enterprise, and says it is therefore committed to making insurance inclusive and works towards benefiting the wider community in Singapore.

Online and Mobile Banking 84

Online and Mobile Banking Innovation Blockchain Fraud Detection 84

The Fintech Times

JULY 11, 2024

Singapore, Denmark and the UK Julia Wilkinson, sustainable finance and impact investing manager at Lebec Consulting Julia Wilkinson , sustainable finance and impact investing manager at Lebec Consulting , explains: “Countries that remain focused on digital inclusion and committed to net zero work hard to create supportive ecosystems.

FinTech 105

FinTech Finance Innovation Government 105

Neopay

JULY 30, 2024

The report highlights improvements in the FCA’s authorisation process, with 98% of cases now assessed within statutory deadlines, up from 78.9% in Q1 of 2022/23. Additionally, overseas wholesale financial firms looking to operate in the UK can now benefit from pre-application support from the FCA.

Rules 52

Rules Regulations Consumer Protection Consumer 52