Lending Life Cycle Management: Challenges and Best Practices
Finezza
APRIL 9, 2024
It involves due diligence regarding customer background by the lenders, regulatory compliance, and financial processes for the lender.
Explore Regulatory Compliance Best Practices at FICO World
FICO
MARCH 31, 2016
As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO.
Securing Your Wealth: How Cybersecurity Affects Investment Decisions
VISTA InfoSec
JUNE 26, 2024
Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. Learn more here about top investments and explore their cybersecurity measures.
Cybersecurity 
256
256 
Financial Reporting: Best Practices for CFOs and Finance Teams
Paystand
MARCH 12, 2024
Your ability to ensure accuracy is crucial for regulatory compliance and building trust among investors, creditors, and other stakeholders. As a CFO, your role in financial reporting is pivotal. You oversee gathering, analyzing, and communicating financial data.
Bitcoin Daily: China Expands Digital Cash Pilot; California Bill Defining Digital Assets Moves Forward
PYMNTS
AUGUST 16, 2020
In other news, the Association of Cryptocurrency Enterprises and Start-ups Singapore ( ACCESS ) has rolled out an official Code of Practice, to help standardize the industry and aid players in meeting regulatory compliance, according to a press release.
Digital Currency 134
134 
2021 FICO Decisions Awards Now Open
FICO
SEPTEMBER 23, 2020
A panel of independent judges with deep industry expertise will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Nominations are due December 4, 2020, and winners will be announced January 22, 2021.
OKX Singapore Gets In-Principle MPI License to Offer Crypto, Cross-Border Services
Fintech News
MARCH 12, 2024
. “By combining our global resources with our local knowledge and expertise, we intend to be a long-term participant that brings transparency and access to our customers, while upholding best practices in both regulated and innovation-driven industries,” said the OKX President.
Cross-Border 115
115 
CeFPro: Are Financial Institutions Prepared for Supplier Risks? New Survey Uncovers Critical Gaps
Fintech Finance
OCTOBER 7, 2024
Additionally, as organisations prepare for the Bank of England’s SS221 regulation , which takes effect in March 2025, many are facing the challenge of aligning with two significant regulatory frameworks simultaneously.
Risk 101
101 
CBI and Banfico Partner to Expand Global Reach of Verification of Payee Service
Fintech Finance
SEPTEMBER 24, 2024
The collaboration aims to share best practices in the Open Finance and Verification of Payee landscape, with the final goal of enhancing payment service providers’ value-added offerings and overall financial market efficiency.
Payee 98
98 
Understanding Risk Management Strategies as a PayFac
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.
5 Strategies for Protecting the Public and Private Sectors from Cybersecurity Threats
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.
Cybersecurity 130
130 
Why Hedge Fund Admin Software is Crucial to Your Back Office
Fintech Review
JUNE 18, 2024
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. They continually collaborate to execute strategic trading maneuvers. Maintain comprehensive records.
GDPR and Biometric Data: Ethical Considerations and Privacy Implications
VISTA InfoSec
AUGUST 22, 2023
As technology advances and the use of biometric data becomes more prevalent, it is crucial to address the privacy concerns and regulatory compliance associated with this sensitive data. Artificial Intelligence (AI) can also be utilized to ensure compliance and responsible handling of biometric data.
Privacy 130
130 
Zühlke Champions Generative AI, Digital Money for Future of Finance at SFF 2024
Fintech News
NOVEMBER 20, 2024
Featuring a live discussion featuring leaders from Amazon Web Services (AWS), EFG and Nomura, the session provided a roadmap for financial institutions to capitalise on AI’s benefits while ensuring regulatory compliance. ” said Stefan Grasmann, Chief of Blockchain at Zühlke.
AI 114
114 
The Role of Generative AI in the Banking Industry: A Call for Cautious Exploration
Fi911
JANUARY 31, 2024
Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service. AI-driven credit scoring models can rapidly assess an applicant’s creditworthiness, potentially reducing waiting times for loan approvals and enhancing customer satisfaction.
AI 95
95 
It’s 2021. Do You Know What Your AI Is Doing?
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. It’s clear that the business community is committed to driving transformation through AI-powered automation.
AI 98
98 
Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work
Stax
FEBRUARY 5, 2024
That’s why understanding surcharging—including its definitions, types, calculating methods, and best practices—can help you incorporate surcharging into your operations. Several types include credit card, fuel, service, payment processing, peak-time, environmental, regulatory, and minimum usage surcharges. Regulatory Compliance.
Credit Cards 88
88 
More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand
Fintech News
FEBRUARY 26, 2024
While a majority view their regulatory landscape as adequate, with 63% of surveyed fintechs rating it favourably (with 36% even lauding their regulatory environment as a major supporting factor of their operational growth in recent years), a considerable segment finds aspects of regulatory compliance, licensing, and registration to be burdensome.
FinTech 139
139 
The Transformative Power of Cards-as-a-Service in Revitalising Credit Cards
Fintech News
JUNE 12, 2024
Regulatory compliance, scalability, and performance are likely to pose continued hurdles. Collaboration between financial institutions, technology providers, and regulators will be essential to foster a supportive regulatory environment. Challenges and collaboration The widespread adoption of CaaS is not without challenges.
Credit Cards 109
109 
Mexico in Focus: Open Banking and Financial Inclusion
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.
Unearned Revenue: What it is and What it Means for Subscription Businesses
Stax
MAY 20, 2024
Regulatory compliance and financial reporting Because service revenue needs to be kept separate from earned revenue until the point it can be recognized, there is a robust set of accounting principles for business owners to follow that ensures unearned revenue is recorded correctly.
Accounts 167
167 
Video: Explore Better Decisions with AI at FICO World 2019
FICO
JUNE 19, 2019
With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions with AI and optimizing business results.
AI 40
40 
Spotlight Your Success in the FICO Decisions Awards
FICO
JULY 14, 2016
These awards honor our clients' strategic wins, use of best practices and innovative deployments of technology. Awards will be presented in six categories: Analytic Excellence , Customer Onboarding and Management , Debt Management , Decision Management Innovation , Fraud Control and Regulatory Compliance.
1inch appoints a new Chief Compliance Officer
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
52 
Explore AI and Digital Transformation at FICO World 2019
FICO
JUNE 4, 2019
With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions and optimizing business results. Regulatory Compliance. Tracks for this year's conference include: Acquisition, Origination & Growth. Auto Finance.
AI 40
40 
Explore AI and Digital Transformation at FICO World 2019
FICO
MAY 28, 2019
With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions and optimizing business results. Regulatory Compliance. Tracks for this year's conference include: Acquisition, Origination & Growth. Auto Finance.
AI 40
40 Accutive Eyes GDPR Compliance With Encryption Alternative
PYMNTS
FEBRUARY 21, 2019
Data Discovery enables businesses to identify sensitive data that will require specific regulatory compliance measures. Accutive said that the combination of both solutions supports organizations’ data protection compliance and security needs under GDPR , HIPAA and other data protection regulations.
Encryption 51
51 
Video: Explore Better Decisions with AI at FICO World 2019
FICO
JUNE 19, 2019
With more than 90 sessions, FICO World attendees will hear the latest case studies, analytic innovations and best practices for making real-time customer decisions with AI and optimizing business results.
AI 40
40 
Understanding the importance of a Compliance Monitoring Plan: An expert interview
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
59 
Cybersecurity Investments Are Paying Off For GDPR-Ready Firms
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.
Analytic Heroes Come Forward!
FICO
AUGUST 29, 2019
Regulatory Compliance. A panel of independent judges with deep industry expertise will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Debt Management. Decision Management Innovation. by FICO.
Enhancing consumer protection: FCA’s Consumer Duty survey findings
Neopay
FEBRUARY 29, 2024
As we approach the full implementation deadline, continued collaboration between regulatory authorities, firms, and industry stakeholders will be instrumental in fostering a robust and consumer-centric financial ecosystem. At Neopay, we recognise the importance of regulatory compliance and consumer protection.
Preparing for FCA authorisation: what you need to know
Neopay
MAY 8, 2024
Why high-quality financial information matters Submitting complete and accurate financial information demonstrates your firm’s readiness, organisation, and commitment to regulatory compliance. Record-keeping guidance : We’ll advise you on best practices for maintaining regulatory-compliant records.
Gen Z is leading adoption of new payments. Here’s how BNPL is being affected.
Tearsheet
JULY 1, 2024
What are best practices when it comes to protecting consumer information? First and foremost, your security must exceed industry compliance standards. This reduces fraud risk and addresses data privacy concerns, which, again, helps to build trust between merchants and consumers. It’s not good enough to just meet the standard.
BNPL 105
105 
BIS: Central Banks Need to Embrace the AI Era to Stay Ahead of Financial Efficiency
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 96
96 
Middesk CEO On Helping FIs And FinTechs Derisk KYB
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
79 
Identity Risk Management: Strategic Approaches to Mitigate Risk
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.
Understanding AML Compliance in the Banking Sector
Fi911
NOVEMBER 7, 2023
In addition to these federal directives, banks and financial institutions often institute their own internal compliance guidelines. These may align with industry best practices or other regulatory frameworks. It’s paramount for such institutions to liaise with legal experts to ensure total regulatory compliance.
AML 52
52 
Mobile Phones and the Future of Payments Beyond 2024
Clearly Payments
MARCH 22, 2024
Consumers need to be informed about the security features of their chosen payment platforms and the best practices for protecting their personal information. Regulatory compliance is another critical aspect of ensuring security and trust in mobile payments.
Mastercard On Repairing The Data Trust Deficit — With Decency
PYMNTS
OCTOBER 25, 2019
The framework serves as an adjunct to regulatory compliance efforts, and can help companies navigate the social impact and accountability of their data collection processes. So, we need to change the conversation, and begin to share best practices.”.
Visa 40
40 
Online Lending Round Table Takeaways: Navigating Fraud and Risk in 2024
Seon
SEPTEMBER 20, 2024
Regulatory compliance adds another layer of complexity. Although many technological solutions are compliant, financial institutions must ensure their overall processes meet regulatory standards, requiring constant vigilance and adaptation.
Risk 52
52 
Kyriba Announces First of Its Kind Innovation With Onyx by J.P. Morgan and Expands Global Partner Ecosystem
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.”
GAAP vs. Non-GAAP Accounting: What You Need to Know
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
52 
The rise of generative AI in payment security: A double-edged sword for data privacy
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
88 
Let's personalize your content