Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Requirements related to business continuity and disaster recovery have also been included for the first time. The Amendments reflect a continuation of that trend.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

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

Neopay

JUNE 27, 2024

It is crucial to conduct a thorough assessment of your financial position and ensure that you meet the minimum capital requirements. Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

PYMNTS

MAY 15, 2017

In an interview with PYMNTS’ Karen Webster as part of the continuing Topic TBD series, Gayle Woodbury, managing director at Crowe Horwath with Ops Risk, Third-Party Risk, and eGRC strategy, focused on risk for third parties where “cybersecurity seems to be an ever-changing topic.”.

Cybersecurity 43

Cybersecurity Risk Disaster Recovery Risk Management 43

Nanonets

JULY 28, 2023

Projections suggest that this trend will continue, with global data creation projected to exceed 180 zettabytes by 2025. A robust document workflow software continuously analyzes the workflows to ensure efficiency and effectiveness. In 2020, the total data generated reached an estimated 64.2 zettabytes.

Disaster Recovery 52

Disaster Recovery Automation Compliance Procedures 52

PYMNTS

MAY 2, 2016

As the threats that face organizations continue to evolve in scope and complexity, so too does the role of chief risk officer. Either way, you should present the facts first, followed by an assessment of how it affects the organization. We find the key to success is taking into account the audience’s requirements.

Risk 41

Risk Risk Management Disaster Recovery Audit 41

FloQast

DECEMBER 13, 2023

It also mandates internal control assessments to ensure companies have the necessary checks and balances in place. Inspection of Registered Public Accounting Firms : The PCAOB regularly inspects the registered firms to assess compliance with the SOX Act, PCAOB rules, professional standards, and federal securities laws.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

M2P Fintech

AUGUST 8, 2023

Enhanced Customer Experience: Personalized and user-friendly interfaces ensure increased customer adoption and continued usage. Now, let’s delve into the essential factors that issuers must assess when upgrading their Card Management System (CMS). What Factors should Issuers Evaluate when Upgrading to a New Age CMS?

Credit Cards 52

Credit Cards Payment APIs and Integration Issuers API 52

Nanonets

SEPTEMBER 21, 2023

Successful ERP implementation involves defining objectives, engaging stakeholders, providing training and support, and continuous improvement. Continuously improve the ERP system by incorporating feedback and making necessary adjustments. Prepare a detailed implementation plan and timeline.

Small Business 40

Small Business Automation Risk Process 40

Segpay

MARCH 20, 2024

This proactive approach allows banks to anticipate regulatory changes, assess the impact on their operations, and take appropriate measures to ensure compliance, thereby reducing the risk of costly penalties and reputational damage. Transactions are monitored automatically, and changes in risk profiles are detected in real-time.

AI 90

AI Privacy Non-Bank Fraud Detection 90