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

Fintech News

JANUARY 21, 2024

The database’s approach to disaster recovery, involving a network of IDCs across multiple sites, focuses on providing resilient and dependable data management solutions. After comprehensively assessing available solutions, PalmPay found its answer in OceanBase.

Database 121

Database Disaster Recovery Addressing Volume 121

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

Fintech News

MAY 28, 2024

By starting small and leveraging alternative data sources to assess creditworthiness, digital banks can not only drive financial inclusion but also cultivate long-term customer relationships. This multi-cloud strategy allows WeLab Bank to be more agile, improve speed to market, and lower operating costs. trillion by 2025.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

Global Fintech & Digital Assets

MARCH 5, 2024

The guidance continues the momentum of digital asset regulation in Hong Kong, following a raft of other rules and consultations recently published by Hong Kong regulators. Banks’ contingency and disaster recovery arrangements should cover any disruption to the outsourced services.

Authorization 59

Authorization Product Due Diligence Procedures 59

Fintech News

JULY 24, 2024

Finally, the Evaluation stage ensures continuous assessment and improvement. The ManageOne cloud management platform, iDRP automated disaster recovery management platform, and network digital map are essential tools for reducing risks and enhancing O&M capabilities.

Finance 119

Finance Risk Mitigation Automation AI 119

FloQast

DECEMBER 13, 2023

It prohibits auditors from providing certain consulting services to their audit clients and requires a rotation of the lead audit partner every five years. It should be remembered that Arthur Andersen, the accounting firm contracted by Enron to handle its audits, used to provide Enron with substantial consulting services as well.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52