Neopay

JANUARY 2, 2024

In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance within the financial services sector. Moreover, firms should confirm that their chosen partners can deliver audits in accordance with the required scope of work.

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 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. All of this recent guidance aims to deliver more certainty for banks and securities firms seeking to capitalise on developments in digital assets and tokenisation.

Authorization 59

Authorization Product Due Diligence Procedures 59

Fintech Labs Insights

MARCH 24, 2016

You say you wanna revolution in due diligence, but would love to see the plan? OutsideIQ has leveraged its strengths in cognitive computing and natural language processing to deliver an automated due diligence solution, DDIQ. ” Company Facts: Founded in January 2010. Headquartered in Toronto, Ontario, Canada.

Due Diligence 14

Due Diligence Audit Regulatory Compliance Automation 14

Nanonets

APRIL 29, 2024

Balance sheet reconciliation software offers built-in compliance checks and audit trails, ensuring adherence to regulatory requirements and mitigating the risk of non-compliance penalties.   In addition to the factors mentioned above, it's crucial to conduct due diligence and thorough research into various software options.

Reconciliation 52

Reconciliation Payment APIs and Integration Regulatory Compliance Compliance 52

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 22, 2024

Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively. For larger enterprises and the consultants assisting them, Arctic Intelligence offers the Risk Assessment Platform. Transparently.AI

Financial Crimes 82

Financial Crimes Crime APACS Risk Assessment 82

Neopay

NOVEMBER 28, 2023

Printer advised, “A robust due diligence process and sanction screening at the initial onboarding stages can effectively mitigate potential risks in the future.” A significant emphasis is placed on improving onboarding processes to prevent downstream damage caused by criminals.

Financial Crimes 52

Financial Crimes Crime Compliance Money Laundering 52

FICO

MARCH 13, 2017

I know banks that hired teams of expensive external consultants to manually check if any of millions of customers owned a company in Panama. It might not stand up to an audit — who can reproduce what has been checked? If accepted, the customer would be put in the high-risk segment, with enhanced due diligence.

Money Laundering 45

Money Laundering Database BSA Due Diligence 45

Global Fintech & Digital Assets

NOVEMBER 7, 2023

Dealing in, advising on, or managing portfolios investing in Tokenised Securities: Intermediaries should conduct due diligence on the issuers and their service providers and be satisfied that the ownership and technology risks of the Tokenised Securities are effectively managed.

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Security Settlement Risk 52

Nanonets

FEBRUARY 13, 2024

Professional Fees : Outsourcing professional services such as legal advice, accounting, and consulting can be crucial for business success. This practice not only supports the environment but also simplifies retrieval and auditing processes. This category captures all costs related to business travel and client entertainment.

IRS 52

IRS Automation Adjustments Audit 52

The Fintech Times

MARCH 31, 2024

Financial Technology Research Centre (FTRC) Ian McKenna, founder, Financial Technology Research Centre (FTRC) Fintech consultancy, the Financial Technology Research Centre is hosting an AI in Financial Advice event this summer. Its founder Ian McKenna says there’s no doubt that AI can offer substantial benefits to the insurance sector.

Risk 69

Risk AI Underwriting Automation 69

PYMNTS

JANUARY 31, 2018

The program’s focus is to enable financial experts and consultants to better help and serve their clients. Through the module, banks don’t have to perform due diligence on every single applicant — as long as another bank has already done it, acquirers can borrow intel from other financial institutions in the Southeast Asia region.

Cross-Border 46

Cross-Border Cryptocurrency Acquirers Due Diligence 46

FICO

MARCH 6, 2020

We offer best-in-class multi-tenant capabilities (including multi-language, multi-currency), detailed audit trails, and electronic, automated regulatory reporting and filing in any required format. We help customers speed up time to compliance by 50%, with lower implementation and maintenance costs and fewer IT and project resources.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

CB Insights

NOVEMBER 9, 2017

The firm intended to provide a missing channel for residential energy services leveraging its core energy-audit business. Consultant Mark Sherwood, principal associate with Consulting Services and Associates LLC (Cupertino, Calif.), Select VC Investors: Black Coral Capital, Braemar Energy Ventures, VantagePoint Capital Partners.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

PYMNTS

OCTOBER 30, 2017

Technology Consultant. Kryptonite will become as toxic [as] it is infatuating – all in due time. Information Security Consultant . Technology Consultant. Billionaire Mark Cuban himself invests in ICOs and retracted his previous statement on cryptocurrency as a bubble after his own due diligence: [link].

Bitcoin 51

Bitcoin Cryptocurrency Blockchain Use Case 51