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

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

Nanonets

JULY 28, 2023

By understanding the benefits and best practices, organizations can optimize their processes, enhance productivity, and ensure seamless access to critical information. Improved Regulatory Compliance: Compliance requirements can be complex, but document workflow management reduces the risk of non-compliance.

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

Nanonets

JUNE 19, 2023

Backup and Disaster Recovery: Implementing robust backup and disaster recovery mechanisms is essential for on-premise automation. It includes documenting automation processes, configurations, system architectures, troubleshooting procedures, and best practices.

Automation 52

Automation Disaster Recovery Process Security 52