VISTA InfoSec

DECEMBER 2, 2024

A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.

Disaster Recovery 130

Disaster Recovery Risk Assessment Assessments Risk 130

VISTA InfoSec

DECEMBER 2, 2024

A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill. Risk assessments, in particular, serve as a roadmap for navigating potential disruptions.

Disaster Recovery 130

Disaster Recovery Risk Assessment Assessments Risk 130

FloQast

NOVEMBER 20, 2023

One of the first steps in carrying out an effective internal audit is to perform an internal audit risk assessment. This planning process is the foundation for a successful audit, helping auditors identify and prioritize significant risks and areas of concern within an organization. What Is an Internal Audit Risk Assessment?

Risk Assessment 52

Risk Assessment Audit Assessments Risk 52

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

FICO

MARCH 17, 2021

Trade-based money laundering (TBML) is a growing risk, as seemingly legitimate transactions are exploited by criminal groups to launder funds and finance terrorist activity. In this two-part series, I will explore some recent studies on TBML, the challenges faced in countering the problem and some industry trends.

Money Laundering 98

Money Laundering Crime Financial Crimes Industry Trends 98

FICO

MARCH 24, 2021

In this second part, we will explore the challenges of countering TBML and explore some recent industry trends. Transformational Change and Industry Trends. A recent study conducted by BNY Mellon “ Global Payments 2020: Transformation and Convergence ” notes a number of evolving trends and challenges.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88