VISTA InfoSec

MARCH 13, 2025

Source – credit card debt statistics 2025 and Australian debit card statistics ) As digital transactions continue to grow, so do the challenges of protecting sensitive customer data. Regular monitoring and testing of networks: Performing routine security assessments. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Fintech Finance

JANUARY 31, 2025

There has been a substantial rise in the number of people using a simpler way to pay their tax bill ahead of the self-assessment deadline on 31st January. The tax authority recently awarded Trustlys Ecospend a new contract to continue to provide these solutions. More than 3.6 This is a 28% increase from the previous year.

Assessments 89

Assessments Returns Authorization API 89

The Payments Association

FEBRUARY 10, 2025

Businesses must proactively assess fraud risks, implement adequate procedures, leverage technology for fraud detection, and foster a culture of compliance to avoid regulatory penalties. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability. What’s next?

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Stax

APRIL 8, 2025

This figure may continue to climb as inflation rises and credit card networks boost their processing rates. Interchange and assessment fees are set by card networks and are non-negotiable. Assessment fees Assessment fees go to the payment network or the credit card network. This helps the processor recoup lost revenue.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Fintech Review

OCTOBER 16, 2024

The main goal of yield farming is to maximise the value of one’s crypto holdings by continually shifting assets across different platforms. This due diligence helps in assessing whether the high yield rates are likely to be maintained or are a temporary phenomenon.

Assessments 98

Assessments Risk Returns Audit 98

VISTA InfoSec

MARCH 28, 2024

Adhering to compliance might involve appointing a data protection officer, conducting impact assessments for new projects, and understanding the rights of individuals regarding their data. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends. 5/5 - (1 vote)

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

Fintech News

MARCH 5, 2025

The bank attributed Guptas higher pay to its strong overall performance and enhanced technological resilience, which led to an improved scorecard assessment by the board. She highlighted the significant growth and strong returns DBS has achieved under his leadership, positioning the bank to continue delivering shareholder value.

Returns 101

Returns Assessments FinTech Technology 101

Fintech News

FEBRUARY 8, 2024

In addition, phishing campaigns and data breaches continued to impact Singaporean businesses, such as financial services leader OCBC, Starbucks, Shangri-La, and Carousell. Assessing Digital Preparedness in Finance appeared first on Fintech Singapore. The post Are APAC Businesses Ready?

APACS 111

APACS Assessments Finance Blockchain 111

Fintech News

NOVEMBER 24, 2024

In parallel, Finastra is “assessing and communicating which of our products are not dependent on the specific version of the SFTP platform that was compromised,” ensuring continued service for unaffected clients.

Breach 114

Breach Compromise Data Breach Credential 114

Fintech News

NOVEMBER 27, 2024

This collaboration integrates Elliptic’s blockchain analytics into Sumsub’s platform, providing clients with enhanced tools to screen cryptocurrency wallets, identify fraudulent activity, and assess risk in transactions. The need for such solutions is critical as blockchain-related crime continues to rise.

Crime 111

Crime Financial Crimes Travel Rule Blockchain 111

Fintech Finance

FEBRUARY 19, 2025

Given the growth, the FCA and PSR engaged extensively with businesses and representative groups to assess the impact of digital wallets, finding significant benefits to consumers through greater convenience, enhanced security measures, and, for some, greater financial inclusion.

Alternative Payment Methods 81

Alternative Payment Methods Contactless Payments Duplicate Financial Inclusion 81

Fintech Finance

MARCH 11, 2025

Known for its fiat and crypto correspondent account services for financial institutions, Clear Junction’s continued presence in the FT 1000 is a testament to the trust it has built across the banking, fintech, payments, and digital asset ecosystems. over the assessed period. since 2020. Further growth is forecasted for 2025.

Cross-Border Payments 85

Cross-Border Payments Cross-Border Correspondent Multi-Currency 85

Fintech Review

NOVEMBER 27, 2024

Alternative Credit Scoring Models Fintech companies use data beyond traditional credit scores, such as transaction histories, online reviews, and even social media presence, to assess risk. Tala assesses creditworthiness through smartphone data, while Kiva uses peer-to-peer lending to connect small businesses with global investors.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

The Payments Association

NOVEMBER 25, 2024

Their guidance urges banks to adopt a proportionate approach, assessing MSBs individually rather than applying blanket policies that exclude entire sectors. Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

FloQast

JULY 9, 2024

As the financial landscape continues to evolve, the importance of reliable and efficient Financial Close management software cannot be overstated. That’s why the release of G2’s Summer 2024 Grid Report is always eagerly awaited, as it offers a comprehensive assessment of the leading solutions in the field.

Continuity 104

Continuity Reconciliation Accounts Finance 104

Finezza

FEBRUARY 18, 2025

The Micro, Small, and Medium Enterprise (MSME) sector continues to be a promising yet underserved segment in the credit market. Therefore, […] The post Maximizing MSME Loan Portfolios: AI-Driven Risk Assessment Strategies appeared first on Finezza Blog. The total valuation of the loan portfolio increased to INR 64.1

Risk Assessment 66

Risk Assessment Assessments Risk AI 66

Fintech News

FEBRUARY 10, 2025

Unlike GenAI, which operates within predefined parameters, Agentic AI systems possess the capability to make independent decisions, learn from real-time data, and autonomously execute complex tasks without continuous human oversight.

AI 79

AI FinTech Fraud Detection Fraud Prevention 79

Fintech News

MARCH 6, 2025

Andrei Florescu Businesses face unprecedented challenges in extending advanced cybersecurity capabilities to AWS and other cloud environments as attack surfaces continue to grow. The program also provides AWS co-sell resources, including training, webinars, and best practices, to enhance sales and security support.

ISVS 99

ISVS Security Cybersecurity Best Practices 99

Fintech Finance

NOVEMBER 21, 2024

These checks often lack the granular, real-time insights into income and expenses that lenders need to assess customers fairly. Suzy continued: “ Customers no longer want to be treated as a cohort, expecting instead for decisions to be made ‘about me,’ rather than “people like me.’

Credit Cards 95

Credit Cards Assessments On-Demand Rules 95

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

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. Continuous Improvement Obtaining the certification is just the beginning.

ISOs 105

ISOs AI Accounts Audit 105

Fintech Weekly

DECEMBER 6, 2023

For instance, many discussions around emerging payment technologies ease assessment across various PCI standards, as well as conversations about the challenges businesses and assessors face in implementing ongoing changes to the standards regarding the auditing of systems.

PCI DSS 147

PCI DSS Addressing Audit Data Security 147

Fintech Review

MARCH 11, 2025

This is particularly crucial because, in many scams, customers validate fraudulent transactionseffectively handing scammers the green light to continue their schemes. In addition to delivering fast, accurate risk assessments, ScamAlert offers actionable advice, helping users avoid falling victim to scams.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 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

Fintech Review

APRIL 3, 2025

CFD trading requires continuous adaptation to market dynamics, said Eduard Becker. 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.

AI 52

AI Risk Management Risk Assessment Assessments 52

The Payments Association

DECEMBER 9, 2024

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems.

Privacy 88

Privacy Payment Security AI Security 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 Money Laundering Processors 68

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. By combining payment flows with broader financial datasuch as rental history, savings patterns, and income variabilitylenders can offer dynamic, real-time credit assessments.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fintech Finance

OCTOBER 24, 2024

Set to go live in early 2025, this premiere payments solution will integrate Plaid’s instant account verification (IAV) and network-powered risk assessment capabilities into Dwolla’s pay by bank platform.

Risk Assessment 109

Risk Assessment Payment APIs and Integration Verification Assessments 109

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. Continuous ICT system monitoring Continuous monitoring of ICT systems is a key requirement under Article 11 of DORA.

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. Continuous ICT system monitoring Continuous monitoring of ICT systems is a key requirement under Article 11 of DORA.

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. Continuous ICT system monitoring Continuous monitoring of ICT systems is a key requirement under Article 11 of DORA.

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. Continuous ICT system monitoring Continuous monitoring of ICT systems is a key requirement under Article 11 of DORA.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

EBizCharge

APRIL 7, 2025

Adapting to change while maintaining operational efficiency can be challenging but is necessary for continuity. Users can continue with their current payment processor without risking data loss or security breaches. This also aids in maintaining continuity in business operations and enhancing efficiency and security.

Assessments 52

Assessments Risk Processors Security 52

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments?

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments?

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fintech Finance

SEPTEMBER 6, 2024

The report details Nuvei’s ongoing achievements across the key pillars of its ESG strategy and highlights the various ways Nuvei continues to deliver on its vision of being a people-first, technology-led global payments platform.

Assessments 98

Assessments Procedures Global Payments Continuity 98