Stax

AUGUST 22, 2024

Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity. It can also help to teach them about best practices they can follow to prevent fraudulent transactions.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

Global Fintech & Digital Assets

MARCH 5, 2024

Banks should have adequate resources, ensure sufficient training for staff, introduce appropriate reporting lines and senior management oversight, and establish business continuity policies. Safeguarding of client digital assets : Banks should implement adequate systems and controls and adopt industry best practices (e.g.,

Authorization 59

Authorization Product Due Diligence Procedures 59

Neopay

JUNE 27, 2024

Consider the following best practices for technology infrastructure: Payment systems: Implement secure and resilient payment systems that meet industry standards. This includes redundant systems, backup facilities, and disaster recovery procedures.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

PYMNTS

JUNE 30, 2020

One of the imperatives of adopting a cloud mindset is for the purpose of business continuity, he added. “A A lot of people play lip service to continuity,” said Kassam. Companies that are a bit more mature may be operating across multiple sites and have at least some disaster recovery roadmap in place.

Business Continuity 104

Business Continuity Continuity Disaster Recovery Best Practices 104

Nanonets

SEPTEMBER 21, 2023

As the business evolves and new challenges or opportunities arise, the ERP system should be adapted and optimized accordingly. This could involve integrating additional modules or functionalities, leveraging automation capabilities, or implementing best practices identified through data analysis.

Small Business 40

Small Business Automation Risk Process 40