PYMNTS

JUNE 14, 2017

Through a 70-question survey, TMF Group asked the accounting and tax professionals to assess their local regulatory climates. Turkey, the report found, was the most complex market for regulatory compliance, followed by Brazil, Italy, Greece and Vietnam. Rounding out the list are Colombia, China, Belgium, Argentina and India.

Regulatory Compliance 58

Regulatory Compliance Compliance On-Demand Regulations 58

The Fintech Times

FEBRUARY 5, 2025

Professionals in decision-making roles are driving their teams to enhance cybersecurity measures and reduce operational risks as AuditBoard , the cloud-based audit, risk, compliance, and ESG management platform, reveals that 91 per cent are concerned about looming cybersecurity threats.

Compliance 64

Compliance Cybersecurity Audit AI 64

FloQast

MAY 9, 2024

These enhancements usher in greater automation and visibility, empowering proactive risk assessment, more effective management of compliance programs, and smoother internal audit processes. Audit Pain and Expense: Challenge : Inadequate preparation for audits results in prolonged processes.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Why is it important?

Privacy 88

Privacy Payment Security AI Security 88

Neopay

MARCH 6, 2025

regular compliance audits: Proactive audits help in identifying gaps before they escalate into major regulatory breaches. client asset protection: Ensuring that client funds are safeguarded through proper controls and oversight is essential for maintaining trust and regulatory compliance.

Money Laundering 52

Money Laundering Audit Due Diligence Compliance 52

Neopay

APRIL 10, 2025

A Revolut representative said: Revolut Bank UAB is committed to the highest standards of regulatory compliance and cooperated with the Bank of Lithuania in taking immediate action to address the procedural deficiencies.

Central Bank 52

Central Bank Money Laundering AML Financial Crimes 52

Clearly Payments

JANUARY 21, 2025

Regulatory Compliance: Modern platforms come pre-configured to meet standards like PCI DSS , GDPR, and local regulations. Robust Reporting: Detailed dashboards and customizable reports simplify audit preparation and financial planning. Real-Time Processing: Instant payment confirmation enhances transparency and citizen trust.

Government Payments 59

Government Payments Governance Government PCI DSS 59

VISTA InfoSec

FEBRUARY 13, 2024

Audits play a complementary role by ensuring that existing security measures align with both internal policies and external regulatory requirements. In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Neopay

DECEMBER 6, 2023

Skilled person reviews are an integral component of the FCA’s regulatory toolkit, initiated to obtain an independent and expert assessment of a firm’s activities. These reviews play a crucial role in identifying potential risks, ensuring regulatory compliance, and safeguarding the integrity of financial markets.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

Fintech News

APRIL 7, 2024

Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals. This regulatory compliance extends to the new stablecoin, ensuring it meets global standards.

Stablecoins 118

Stablecoins Use Case Blockchain Regulatory Compliance 118

Fintech Review

JUNE 18, 2024

Foster a culture of compliance. Develop workflows that embed regulatory compliance into every aspect of hedge fund operations. Ensure auditability and the future success of the fund by keeping detailed records of transactions, valuations, and investor communications. Maintain comprehensive records.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Payments Association

OCTOBER 11, 2024

The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls. Monthly reporting : Payment firms must submit monthly regulatory returns, allowing the FCA to monitor trends and intervene if safeguarding practices fall short.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

The Fintech Times

FEBRUARY 11, 2024

Continuum Live This plug-and-play hosted offering brings the benefits of the Napier Continuum platform to organisations looking to go live and achieve regulatory compliance as quickly as possible. also added.

Compliance 83

Compliance AML Financial Crimes Payment APIs and Integration 83

M2P Fintech

MARCH 24, 2025

Smart Contracts: Self-executing agreements streamline loan distribution, repayment, and compliance, cutting costs and speeding up transactions. Identity Verification: Provides a secure digital identity, simplifying verification and enhancing regulatory compliance.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

PYMNTS

NOVEMBER 29, 2018

However, according to Woodrow, the company has faith that its plans show the potential of cryptocurrency in the real world as a way to facilitate the movement of money securely, transparently and quickly — while maintaining regulatory compliance.

Cryptocurrency 54

Cryptocurrency Audit Blockchain B2B 54

EBizCharge

MARCH 18, 2025

Here are five ways you can ensure secure payments with Sage credit card processing: Maintain full PCI compliance: PCI Standards require merchants to follow strict security protocols, such as encrypting payment data, limiting access to sensitive information, and regularly monitoring for vulnerabilities.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Nanonets

DECEMBER 13, 2023

2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.

AI 102

AI Process Fraud Detection Compliance 102

Fintech Review

JANUARY 9, 2024

Prioritize Regulatory Compliance Photo by Sora Shimazaki on Pexels.com For fintech founders, one of the primary areas of focus should be regulatory compliance. Navigating this regulatory landscape can be challenging, but it’s paramount for success.

FinTech 64

FinTech Regulatory Compliance Compliance Regulations 64

The Fintech Times

JANUARY 25, 2024

Overall, 70 per cent of respondents agree that their data lacks the transparency and flexibility required for regulatory reporting. In addition, 73 per cent of firms struggle to receive all the data they require to complete internal and external audits – a concerning finding as auditing season approaches.

Process 64

Process Audit Regulatory Compliance Consulting 64

The Paypers

SEPTEMBER 12, 2024

Sumsub , a verification provider, has announced that it received complete regulatory compliance for its Non-Doc solution after an audit by FINTRAIL.

Verification 36

Verification Regulatory Compliance Audit Compliance 36

The Fintech Times

NOVEMBER 26, 2024

Lana Sinelnikova – business compliance and enterprise-wide risk assessment director Sinelnikova’s team provides end-to-end compliance control and advice to various business units across their products’ lifecycle and develops compliance risk programs on both global and local levels.

Compliance 64

Compliance Financial Crimes Crime Money Laundering 64

FICO

JUNE 5, 2017

Facilitating engineering, deployment, management and regulatory compliance: While text and the process of analyzing it can be quite complex, the results need to be simple to understand and use. We now have the analytic techniques and data infrastructures to essentially merge disparate varieties of text into one “document” for analysis.

XML 108

XML Origination Regulatory Compliance CRM 108

The Finance Weekly

JULY 19, 2022

Ensuring that the company's accounts and finances are audit-ready at closing. Specific capabilities include financial planning and analysis, integrated business planning, financial reporting, regulatory compliance reporting, and financial close management. Proactive budgeting with an expert understanding of company finances.

CRM 240

CRM Finance Database Automation 240

FICO

MAY 24, 2021

As an example, almost half (43%) of respondents say they have no responsibilities beyond regulatory compliance to ethically manage AI systems that make decisions which may indirectly affect people's livelihoods.

AI 98

AI Regulatory Compliance Governance Government 98

Innovative Payments Association

AUGUST 29, 2024

This will help ensure that all employees are aware of their compliance responsibilities and can identify and report suspicious activity. Conduct Regular Monitoring and Audits Regular monitoring and audits are essential for assessing the effectiveness of a compliance program.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52

Fintech News

APRIL 28, 2024

Remaining compliant Finally, the seventh and last trend highlights the use of technology and automation to enhance regulatory compliance, risk management, and internal audit processes. These cost reductions stem from reduced manual processes, increased data accuracy and streamlined operations.

AI 110

AI Innovation Financial Crimes Crime 110

Nanonets

MAY 22, 2023

In the process, they help prevent fraud and ensure regulatory compliance. Setting up regular financial audits Regular financial audits are essential for ensuring that the financial controls in place are working as intended. These should then be clearly documented and communicated to all relevant staff.

Automation 98

Automation Procedures Audit Process 98

The Fintech Times

AUGUST 9, 2024

Capitalising on strong UAE position Panellists also focused on the absence of a standardised accounting framework for digital assets, which can lead to inconsistencies in reporting, impacting investor confidence and potentially complicating regulatory compliance.

CBDC 64

CBDC Digital Currency Central Bank Cybersecurity 64

The Payments Association

MARCH 19, 2025

A modular polyglot architecture, where banks adopt a diverse ecosystem of technologies, for example, relational databases for transactions, NoSQL for real-time data, and distributed ledgers for auditability, offers strategic response.

Non-Bank 88

Non-Bank Regulatory Compliance AI Risk 88

Stax

FEBRUARY 19, 2025

Expanding into new markets by leveraging ISV solutions that cater to global compliance requirements and multilingual support. A prime example is an accounting software company partnering with a tax compliance ISV to offer automated tax calculations, attracting businesses seeking regulatory compliance.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

The Fintech Times

SEPTEMBER 13, 2024

Finally, such systems also provide an audit trail of how policies were implemented, and decisions were made, providing easy access to vital information when undergoing audit by a regulator.” Spreadsheets, while familiar, are often inefficient, prone to human error, and lack the robust audit trails necessary for compliance. .

Compliance 72

Compliance FinTech Reconciliation Audit 72

Fintech Review

FEBRUARY 11, 2025

Regulatory compliance also poses challenges. They should conduct regular audits to detect bias and ensure compliance. AI models are only as good as the data they process. Biased or incomplete datasets lead to flawed predictions. This can result in discriminatory lending practices or inaccurate risk assessments.

AI 66

AI FinTech Risk Assessment Assessments 66

Nanonets

APRIL 29, 2024

Regulatory Compliance : Compliance with regulatory standards such as GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) is non-negotiable for businesses. Accuracy and Data Integrity : Accuracy is paramount in balance sheet reconciliation.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Neopay

AUGUST 5, 2024

Detailed records of all safeguarding training should be maintained for audit purposes. It helps firms comply with regulatory requirements, thereby avoiding penalties and reputational damage. It helps firms comply with regulatory requirements, thereby avoiding penalties and reputational damage.

Compliance 52

Compliance Procedures Audit Risk Management 52

FloQast

JANUARY 22, 2024

You can and should: Maximize performance Minimize workload Accounting and finance functions are crucial to your organizational performance and increasing enterprise value is possible by leveraging things like workflow automation, reporting, and audit readiness.

Automation 52

Automation Technology Audit Compliance 52

Nanonets

SEPTEMBER 18, 2024

Solutions: Choose a reputed automation tool that adheres to national and global compliance and regulatory standards such as GDPR, HIPAA, SOC2, ISO 27001, FedRAMP (in the U.S.) Financial document automation is crucial to ease employee stress, improve customer service, reduce turnaround times, and enhance regulatory compliance.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52