The Payments Association

FEBRUARY 10, 2025

Natalie Lewis Partner, Travers Smith The guidance sets out the six principles to consider (top-level commitment, risk assessment, proportionate risk-based prevention procedures, due diligence, communication and training, monitoring and review), along with best practice examples.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

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. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

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.

Privacy 88

Privacy Payment Security AI Security 88

Fintech Review

JUNE 18, 2024

They continually collaborate to execute strategic trading maneuvers. Best Practices for Hedge Fund Operations Implement strong governance and oversight. Foster a culture of compliance. Develop workflows that embed regulatory compliance into every aspect of hedge fund operations.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

The Payments Association

NOVEMBER 12, 2024

“I have quite strong views on why it might not be the best idea for some firms,” he claims. The reality is that building an effective transaction monitoring system requires a profound understanding of regulatory compliance, technological integration, and operational functionality. have 10-14 years.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Compliance 88

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework. 5/5 - (1 vote)

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Stax

JANUARY 23, 2025

Ensure regulatory compliance by adhering to anti-money laundering (AML) laws and Know Your Customer (KYC) requirements. Best Practices for Effective Merchant Underwriting To optimize underwriting processes, payment providers should: Leverage data analytics and AI Use advanced tools to detect risk patterns and improve decision-making.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Fintech News

JUNE 12, 2024

Integration with digital wallets The integration of credit cards with digital wallets is crucial for their continued relevance. As digital wallet usage continues to grow, especially among younger generations, credit card issuers must prioritise this integration to stay competitive.

Credit Cards 107

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 107

Fintech News

FEBRUARY 26, 2024

Yet, despite these challenges, the fintech industry continues to innovate and adapt, seeking new avenues for growth and development. The regulatory environment presents a nuanced picture for fintechs. Source: The Future of Global Fintech: Towards Resilient and Inclusive Growth.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. It is likely that this trend will continue barring any regulatory hurdles.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Tearsheet

JULY 1, 2024

Gen Z’s payment preferences will continue to drive the way the merchant community invests in and adopts financial and POS technologies. What are best practices when it comes to protecting consumer information? First and foremost, your security must exceed industry compliance standards. Continuous monitoring.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

Open Banking Excellence

SEPTEMBER 27, 2024

By sharing best practices and success stories from the UK’s own experience with Open Banking, the Embassy is helping to accelerate the adoption of innovative solutions in Mexico. Furthermore, the DBT’s efforts have included supporting Mexican fintech startups and fostering partnerships between UK and Mexican companies.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

Clearly Payments

MARCH 22, 2024

In 2021, digital wallets accounted for approximately half of all global e-commerce transactions, a trend that is expected to continue in the years to come. Security and Trust with Mobile Payments As mobile payments continue to gain popularity, security and trust remain paramount concerns for both consumers and service providers.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Stax

MAY 20, 2024

Allocate the transaction price Subscription-based businesses have continuous performance obligations, meaning they need to allocate the transaction price over time to recognize revenue as separate obligations are fulfilled.

Accounts 167

Accounts Adjustments Legal Agreements 167

Fintech Review

NOVEMBER 6, 2024

With a distinguished career spanning both the public sector, digital assets and traditional finance, Hedi brings a wealth of expertise in permissionless security and regulatory compliance and combating financial crime, reinforcing 1inch commitment to legal integrity, principled compliance and robust governance.

Compliance 52

Compliance Financial Crimes Regulatory Compliance Crime 52

Fintech News

JULY 4, 2024

AI can enhance central banks’ capabilities across various functions, including economic forecasting, financial stability monitoring, and regulatory compliance. It suggests the formation of a “community of practice” to share knowledge, data, best practices, and AI tools.

Central Bank 102

Central Bank AI Correspondent Bank Correspondent 102

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. How does a Compliance Monitoring Plan help with keeping registrations and certifications up-to-date? Contact us today to learn more about how we can support your compliance needs.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. Factors like regulatory compliance obligations and the potential financial or reputational repercussions are also considered during this assessment.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

PYMNTS

JANUARY 29, 2019

The latest research from Cisco on the topic suggests executives may want to loosen the purse strings when it comes to cybersecurity investment, because the spend is paying off — including in ways beyond regulatory compliance.

Cybersecurity 59

Cybersecurity Data Breach Phishing Privacy 59

FICO

AUGUST 29, 2019

FICO’s customers continue to set new standards with their innovative solutions to very challenging business problems. That’s why the FICO® Decisions Awards were created — to find the best of the best, the companies that are truly competing with analytics. Regulatory Compliance. Debt Management. Fraud and Security.

Regulatory Compliance 40

Regulatory Compliance Financial Inclusion Best Practices AI 40

PYMNTS

SEPTEMBER 8, 2020

The result is a slew of unstructured data coming in from a variety of sources; financial service providers must try to make sense of it in order to maintain regulatory compliance and mitigate the risk of fraud. For a brand-new company, there's no question that compliance is important — but you also have other things on your plate.

FinTech 79

FinTech Compliance On-Demand Mitigation 79

Neopay

FEBRUARY 29, 2024

How Neopay can help The FCA’s Consumer Duty survey findings highlight significant strides in compliance efforts across sectors, underscoring the collective commitment towards enhancing consumer protection. At Neopay, we recognise the importance of regulatory compliance and consumer protection.

Consumer Protection 59

Consumer Protection Consumer Compliance Assessments 59

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. Moreover, firms should designate a compliance officer who will be directly responsible for overseeing adherence to safeguarding requirements.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

Neopay

JULY 2, 2024

Continuous improvement : Firms are encouraged to adopt a culture of continuous improvement, regularly reviewing and refining their practices to better serve their customers. Foster a culture of improvement : Continuous feedback loops and adaptability should be ingrained in the firm’s operations.

Consumer 52

Consumer Compliance Regulatory Compliance Assessments 52

Nanonets

MAY 31, 2023

Foster a culture of continuous learning and collaboration to embrace AI as an enabler for enhanced financial operations. This may be a specific use case or process where AI can deliver tangible benefits, which, once measured, serve as a basis for how to continue the integration.

AI 122

AI Finance Fraud Detection Mitigation 122

Seon

SEPTEMBER 20, 2024

Differentiating between actual fraud and bad credit decisions continues to be a struggle for many lenders. Regulatory compliance adds another layer of complexity. Challenges Still Loom Despite advances in technology and increased collaboration, challenges remain.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

EBizCharge

JULY 26, 2024

Proper revenue recognition is significant beyond regulatory compliance. 7 GAAP best practices for businesses To thrive in today’s competitive environment, businesses must adhere to best practices that promote efficiency, ethical behavior, and sustainable growth.

Accounts 52

Accounts Best Practices Adjustments Regulatory Compliance 52

PYMNTS

SEPTEMBER 25, 2019

Industry players will continue to face tighter regulations, but according to Kim Wales, founder and CEO of CrowdBureau , a company that aggregates marketplace lending industry data to establish performance and risk management benchmarks, operating within the confines of the law is a complicated task for this sector.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

Seon

SEPTEMBER 28, 2023

Key topics include: Latest regulatory compliance updates : The most recent news about security authorities and their protocols. Office hygiene best practices : Ensuring that file cabinets are locked and used sensitive paperwork is shredded as soon as it’s no longer needed.

Security 52

Security Phishing Best Practices Data Breach 52

Fintech Finance

APRIL 8, 2024

Our comprehensive partner ecosystem drives innovation and helps customers outperform their strategic goals by providing implementation expertise, best practices and accelerated time-to-value.” Technology partners In addition to ISV partners such as Blackline and Netsuite, Kyriba has selected AWS as its preferred cloud provider.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Innovation Cross-Border Payments 52

Fintech Finance

MARCH 14, 2024

He brings a comprehensive regulatory understanding and supervisory experience to solidify Flutterwave’s dedication to upholding the highest regulatory, compliance, and governance standards. I am particularly excited to welcome Dipo Fatokun and Tosin Faniro-Dada to Flutterwave.

Non-Bank 52

Non-Bank Audit Compliance Government 52

Fintech News

JUNE 12, 2024

Integration with digital wallets The integration of credit cards with digital wallets is crucial for their continued relevance. As digital wallet usage continues to grow, especially among younger generations, credit card issuers must prioritise this integration to stay competitive.

Credit Cards 52

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 52

EBizCharge

MAY 14, 2024

These benefits include time efficiency, improved accuracy, enhanced customer service, scalability, cost savings, regulatory compliance, insights and analytics, and integration with other systems. Regular performance reviews against set metrics and customer feedback facilitate continuous improvement of the billing process.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

EBizCharge

JULY 16, 2024

A crucial aspect of risk management within NACHA’s framework involves continuous monitoring of transactions to detect anomalies or patterns that may indicate unauthorized activity. Under NACHA’s operational guidelines, entities are expected to establish risk management practices proportional to the extent and nature of their ACH activities.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Neopay

AUGUST 5, 2024

Safeguarding procedures and training should be regularly reviewed and updated to reflect current risks and regulatory changes. The FCA expects firms to stay up-to-date with best practices and evolving regulatory expectations.

Compliance 52

Compliance Procedures Audit Risk Management 52

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

PYMNTS

MARCH 27, 2019

Like so much else in commerce and payments, this is a story that revolves around one of the central questions of the digital era: How much friction to introduce to customers – and where and when to do it – so as to strike a balance between seamless transactions, security and regulatory compliance.

Authentication 46

Authentication Verification Money Laundering Regulatory Compliance 46