VISTA InfoSec

MARCH 6, 2024

In this post, we’ll break down the key changes to Requirement 10 from PCI DSS 3.2.1 assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. Risk Assessment Requires performing a risk assessment post-failure, to consider any further actions needed.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

NOVEMBER 6, 2024

The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely. These tools are also intended to reduce the risk of fraud and scams. The post Brankas and ADVANCE.AI

Compliance 79

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 79

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

Fintech News

JUNE 12, 2024

It integrates an advanced cyber risk exposure scanning solution into the underwriting process. This technology enhances risk assessment by generating a real-time security posture score within a minute, allowing eligible small and medium-sized enterprises to obtain instant policy issuance in under 10 minutes.

Risk Assessment 81

Risk Assessment Assessments Cybersecurity Underwriting 81

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. The post Improving Onboarding, User Data Checks and Identifying Fraud, Cashfree Payments Launches Secure ID appeared first on The Fintech Times.

Checks 68

Checks Risk Assessment Security Payment APIs and Integration 68

Fintech News

NOVEMBER 13, 2024

For the public sector, the programme will deliver specialised webinars on cybersecurity challenges, conduct crisis simulation exercises to assess cyber readiness, and develop research reports and risk assessment tools for ASEAN governments. Satvinder Singh, Deputy Secretary-General of ASEAN for ASEAN Economic Community.

Cybersecurity 98

Cybersecurity Visa Risk Assessment Assessments 98

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. It is essential to mitigate these risks to prevent potentially devastating impacts.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

The Fintech Times

JULY 31, 2024

“One of the most meaningful ways we protect our customers and their homes is to work with them to understand and mitigate risk,” said Rebecca L. .” ” With ZestyAI models, carriers are able to move from territory-based segmentation to a property-by-property risk assessment.

Risk 58

Risk AI Risk Assessment Assessments 58

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 98

Money Laundering Crime Risk Law Enforcement 98

The Fintech Times

NOVEMBER 21, 2024

Companies use data-driven innovations, combining AI, big data, and IoT, to automate ESG assessments and enable real-time environmental monitoring. This shift from historical to real-time data, powered by satellite imaging and geospatial analysis, transforms risk assessment across the sector.

Innovation 63

Innovation FinTech Risk Assessment Assessments 63

EBizCharge

NOVEMBER 12, 2024

Merchant underwriting is the process of evaluating a business’s risk before providing it with a merchant account to process electronic payments. Merchant underwriting requires a thorough assessment of a business’s potential financial risks to ensure safe and secure transactions.

Underwriting 52

Underwriting ISOs Risk Assessment Assessments 52

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. The post Navigating Compliance Challenges with FloQast: Inside the New Enhancements to FloQast Compliance Management appeared first on FloQast.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech News

OCTOBER 28, 2024

Frederic Ho, VP, Asia Pacific, Jumio Jumio’s comprehensive data hub provides access to a wide array of industry-leading, third-party data sources to provide additional assurance of customers’ identities and assess their risk to automatically drive decisions in client workflows.

Verification 98

Verification Deepfake AI Identity Theft 98

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 100

Money Laundering Risk Crime Law Enforcement 100

Neopay

JULY 4, 2024

These reports are critical for assessing and evidencing how firms have provided good outcomes for consumers under the Duty. Importance of board reports According to the Financial Conduct Authority (FCA), “Board reports are key to assess and evidence how firms have provided good outcomes for consumers under the Duty.”

Consumer 52

Consumer Risk Assessment Assessments Compliance 52

Finovate

JUNE 4, 2024

The company’s technology can be deployed to provide real-time and retrospective transaction monitoring, customer risk assessments, AML/CFT investigations, and PEP, sanctions, and negative media screening. “We see this partnership as an excellent addition to our current partnership ecosystem in Northern Europe and beyond.”

Financial Crimes 64

Financial Crimes Crime Risk Assessment AML 64

Fintech News

DECEMBER 12, 2023

Credit rating agency S&P Global Ratings has unveiled its new stablecoin stability assessment service, designed to evaluate their capability in maintaining a stable value in comparison to traditional fiat currencies. The assessment methodology employed by S&P Global Ratings is thorough and multifaceted.

Stablecoins 108

Stablecoins Assessments Risk Assessment Risk 108

Finovate

JUNE 24, 2024

“When I say third party diligence that usually includes everything from vendor risk assessment all the way to monitoring, as well as partner and merchant risk assessment – whether you’re a partner bank or a fintech that’s looking to do business with new entities.”

Risk Assessment 59

Risk Assessment BSA Assessments AML 59

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.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

Neopay

MARCH 7, 2024

Risk Assessment weaknesses: Annex 1 firms have demonstrated inadequacies in conducting comprehensive Business Wide Risk Assessments and Customer Risk Assessments, leaving significant gaps in their AML frameworks. The post FCA issues warning to firms over AML failings appeared first on Neopay.

AML 52

AML Financial Crimes Crime Risk Assessment 52

Fintech News

MARCH 31, 2024

This balance ensures the protection of legitimate customers’ interests while empowering FIs to effectively assess and mitigate risks associated with financial crimes. The post COSMIC Platform Goes Live in Singapore to Combat Financial Crime appeared first on Fintech Singapore.

Financial Crimes 95

Financial Crimes Crime Money Laundering Law Enforcement 95

Fintech Labs Insights

OCTOBER 13, 2015

In the agreement, both companies will leverage the other’s unique security layer to combine email risk assessment with fraud scoring. Emailage, which debuted at FinovateSpring 2015 , offers a tool that assesses the risk associated with an email address. Feedzai made its European debut at FinovateEurope 2014.

Risk Assessment 26

Risk Assessment Assessments Risk Fraud Prevention 26

Neopay

MARCH 5, 2024

Modifications to assessment methodology: Modifications to the assessment methodology have been finalised to protect non-profit organisations from potential abuse for terrorist financing. The post FATF Plenary update: key outcomes and strategic initiatives appeared first on Neopay. Contact our team here.

AML 52

AML Risk Assessment Money Laundering Assessments 52

Neopay

MAY 31, 2024

To effectively manage AML/CTF risks, the FCA employed several key tools, including the REP-CRIM annual reporting obligation, which was expanded to cover more firms, and innovative data analytical tools to identify hotspots and emerging risks. The post FCA Supervisory Activity Infographic appeared first on Neopay.

Financial Crimes 52

Financial Crimes AML Money Laundering Crime 52

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. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 77

Financial Crimes Crime APACS Risk Assessment 77

Fintech News

JANUARY 16, 2024

Utilising advanced technology, Igloo’s Weather Index Insurance employs big data, real-time risk assessment, and automated claims management. Featured image credit: Edited from Unsplash The post Igloo Expands Weather Protection Insurance Coverage for Vietnamese Farmers appeared first on Fintech Singapore.

Risk Assessment 111

Risk Assessment Database Blockchain Assessments 111

The Fintech Times

OCTOBER 9, 2024

Vested Impact has bagged £1.1million in seed funding, backed by female deal teams at both Impact Shakers and HearstLab, to expand its platform for rapid, data-driven ESG and impact assessments. It delivers fast, comprehensive, data-driven ESG, impact and risk assessments.

Assessments 52

Assessments Risk Assessment Risk Regulations 52

FICO

MARCH 22, 2022

Banks need to implement advanced, real-time, SME lending systems so they can focus on collating 1st and 3rd party data for their customers, improve risk assessment, automate decisioning as much as possible and provide a lending channel that is scalable. What do SMEs need from their banking providers post-pandemic?

Posting 52

Posting Origination APACS Small Business 52

Fintech Finance

AUGUST 2, 2024

Post-Execution Monitoring: ClienTek ML analyzes and scores client transaction behavior post-execution. Behavioral Analytics : Advanced analytics to analyze customer behavior, identify compliance risks, and provide insights into non-KYC activities using predictive modeling techniques.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

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 58

Risk Assessment Underwriting Assessments Risk 58

Finovate

SEPTEMBER 4, 2024

With Venminder, firms can manage vendors, track contract data, perform due diligence and oversight, send and score questionnaires, conduct risk assessments, systemically monitor risks across domains, order due diligence assessments on vendor controls, and more.

Risk Management 59

Risk Management Risk Acquirers Due Diligence 59

EBizCharge

JULY 22, 2024

Risk Management: Businesses can also proactively assess and manage financial risks associated with marketing campaigns to avoid high-risk investments and ensure financial transparency and accountability, so expenditures align with company objectives.

Risk Assessment 52

Risk Assessment Assessments Risk Finance 52

VISTA InfoSec

MARCH 5, 2024

This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data. Whether you’re a business owner, a security professional, or just someone interested in data security, this blog post will provide you with valuable insights into the latest updates in PCI DSS Requirement 9.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Seon

JUNE 24, 2024

A critical aspect of cybersecurity, the fundamentals within this realm center on three main components: identifying, assessing and mitigating risks associated with digital identities and access controls across an organization. The post Identity Risk Management: Strategic Approaches to Mitigate Risk appeared first on SEON.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Finovate

FEBRUARY 15, 2024

Features Automates KYC and KYB due diligence Streamlines approval and risk assessment workflows Delivers visual workspace for designing customer onboarding experiences Who’s it for? The post FinovateEurope 2024 Sneak Peek Series: Part 6 appeared first on Finovate.

Due Diligence 59

Due Diligence Risk Assessment CRM AI 59

Neopay

OCTOBER 15, 2024

Moving beyond ‘box-ticking’ assessments While assessments are an essential part of training, they should not become a formality. Open questions encourage participants to reflect on and articulate their grasp of key topics, allowing a deeper assessment of how well they understood the material. Screening results.

Audit 59

Audit Compliance Assessments Financial Crimes 59