Clearly Payments

FEBRUARY 3, 2024

For merchants, integrating Buy Now, Pay Later (BNPL) into their payment processing systems offers a unique avenue to drive sales, entice new customers, and mitigate certain risks. Risk Mitigation: Since BNPL providers assume the risk of non-payment, merchants are protected from default or chargeback issues, reducing their financial exposure.

BNPL 77

BNPL Payments Mitigation Best Practices 77

Stax

AUGUST 22, 2024

Once these mechanisms are in place, you also need to educate your sub-merchants about fraud and keep them informed about the latest trends in fraudulent activity. It can also help to teach them about best practices they can follow to prevent fraudulent transactions. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

FloQast

NOVEMBER 20, 2023

By pinpointing these high risk areas, organizations can take proactive measures to mitigate them. While the exact factors might vary from company to company, some common areas of focus include the following: The Industry and Regulatory Environment Understanding the industry-specific risks and regulatory requirements is crucial.

Risk Assessment 52

Risk Assessment Audit Assessments Risk 52

Nanonets

SEPTEMBER 21, 2023

Additionally, educating employees about fraud prevention and creating a culture of ethics and compliance can further mitigate the risk of fraudulent activities. Businesses must stay updated with the latest regulations and ensure adherence to reporting requirements, tax laws, and industry-specific guidelines.

Accounts 52

Accounts Audit Payroll Compliance 52

EBizCharge

JULY 22, 2024

Competitive edge: Investing in innovative technologies and strategies secures a competitive edge and allows for swift adaptation to industry trends. This is why it’s important to adopt strategies for making the best financial decisions. Assessing and managing these risks quickly is paramount in maintaining financial stability.

Risk Assessment 52

Risk Assessment Assessments Risk Finance 52

Neopay

FEBRUARY 12, 2024

This collaborative approach ensures that our service is not a one-size-fits-all solution but a tailored and holistic offering that addresses the multifaceted needs of our clients in the fintech industry. The depth of collaboration extends beyond technology to encompass industry insights, best practices, and a shared commitment to innovation.

FinTech 52

FinTech Compliance Reconciliation Risk Management 52

Evolve Payment

JUNE 8, 2023

Credit Card B2B Transactions Are Secure & Mitigate Fraud Risk Credit cards provide an extra layer of protection from fraud , while also acting as a barrier between the bank accounts and the fraudsters.

Credit Cards 52

Credit Cards B2B Payments Commercial Card 52