FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Best Practices 52

Best Practices Risk Management Risk Risk Assessment 52

Stax

JANUARY 8, 2024

As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. TL;DR Four main types of risks come with payment facilitation: compliance risks, operational risks, transactional risks, and reputational risks.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Best Practices 52

Best Practices Risk Management Risk Risk Assessment 52

The Finance Weekly

DECEMBER 9, 2021

Executing this task at the highest standard possible requires an understanding of the specific objectives of scenario planning, the different approaches to it, and knowing the best practices and most common mistakes. This post will flesh out all these aspects of scenario planning. What is Scenario Planning & Its Purpose?

Risk Management 130

Risk Management Risk Finance Mitigation 130

Fintech Finance

MARCH 28, 2025

Medius’s transition to ISO 27001:2022 further enhances its risk management framework, strengthening data confidentiality, integrity, and availability across all operations.

ISOs 59

ISOs Continuity Best Practices Compliance 59

Finezza

JULY 30, 2024

Vendors can fuel growth and stabilise […] The post Best Practices for Evaluating Bill Discounting Requests appeared first on Finezza Blog. As a result, companies can optimise their cash flows and payment cycles without disturbing their balance sheets. It offers advantages to vendors and purchasers alike.

Best Practices 59

Best Practices Finance Posting Payments 59

EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. 13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Fintech News

DECEMBER 9, 2024

GL1 is not merely a technological endeavour; it also addresses the crucial aspects of governance, risk management, and compliance. Morgan, MUFG, and Societe Generale-FORGE , have been leading efforts to define the business, governance, risk, legal, and technology requirements of the GL1 Platform.

Cryptocurrency 114

Cryptocurrency Cross-Border Consumer Protection Facilitators 114

Nomentia

OCTOBER 3, 2024

Best practices to improve payment process security and prevent payment fraud Payment fraud, data breaches, hefty fines!

Best Practices 59

Best Practices Payment Security Data Breach Security 59

The Fintech Times

DECEMBER 23, 2024

It says this would strengthen the company’s regulatory and risk management structure in Brazil, and expand its opportunities in open banking. As PayRetailers looks to expand its presence in Brazil, it hopes the acquisition of Transfeera will enable it to gain direct access to Pix , the real-time payment system in Brazil.

Central Bank 59

Central Bank Best Practices Risk Management Payments Institute 59

The Fintech Times

FEBRUARY 28, 2025

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” “AI contracts compound these risks if poorly structured.

AI 97

AI Regulations Best Practices Risk 97

FICO

MARCH 31, 2016

The Regulatory Compliance track will feature an impressive list of industry experts sharing best practices that address a diverse range of high-priority regulatory challenges. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO. Please join us in Washington DC April 26 -29!

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

PYMNTS

JANUARY 18, 2021

Incidentally, there is no one-size-fits-all solution to tackling these risks, as one firm’s best practices may not be as effective for another’s operations. Each company’s risk management approach must therefore be tailored to its specific business needs.

Treasury 127

Treasury API Best Practices Risk 127

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Core

FEBRUARY 6, 2024

An Overview of 7 Best Practices Adopting government fraud prevention best practices is instrumental in maintaining the resilience of public systems. The post 7 Best Practices for Preventing Government Fraud in Payments appeared first on Core Business Technologies. According to the U.S.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

Fintech News

JANUARY 25, 2024

ServiceNow Gen AI to help EY risk management The alliance with EY involves ServiceNow offering solutions in generative AI (Gen AI) for compliance, governance, and risk management. These collaborations mark another noteworthy step in the integration of advanced AI technologies in compliance and financial services.

AI 117

AI Disputes Risk Management Risk Assessment 117

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Best practices for implementing the DORA compliance 1.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Best practices for implementing the DORA compliance 1.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Best practices for implementing the DORA compliance 1.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Best practices for implementing the DORA compliance 1.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

Fintech Finance

OCTOBER 7, 2024

.” This lack of clarity raises the likelihood of inconsistencies across jurisdictions and organisations, creating critical gaps in risk management practices. of respondents reported mitigating risks through standard supplier management processes, only 14.3% While 70.1%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

Stax

JANUARY 23, 2025

Step 2: Risk Assessment Risk management departments or specialized underwriting teams at the payments company evaluate the businesss model, industry risks, and potential sales volume. Collaborate with third-party tools Utilize specialized risk management platforms to enhance underwriting capabilities.

Underwriting 68

Underwriting PCI DSS Processors Money Laundering 68

FICO

APRIL 8, 2020

With a series of webinars held across the globe, FICO subject matter experts will share learnings, best practices and strategies on topics that fall within six tracks: Adaptability, Digital Customer Engagement, Risk Management, Operational Efficiency, Building Trust and Protecting Customers. .

Best Practices 94

Best Practices Risk Management Risk Accounts 94

VISTA InfoSec

OCTOBER 21, 2024

Now, here Data Protection Officers play an important part in ensuring your data handling practices align with regulatory requirements and best practices, thereby safeguarding your reputation and building trust with customers, partners, and stakeholders.

CCPA 208

CCPA Privacy Assessments Laws 208

The Payments Association

FEBRUARY 10, 2025

Businesses must review and strengthen their frameworks to ensure compliance, as failure to do so risks financial loss, reputational damage, and potential criminal liability. Sally Felton Director, Fraud Risk Management, BDO The new FTPF offence is another example of the shift towards increased corporate criminal liability.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Electronic Transactions Association

MAY 10, 2022

WASHINGTON, DC (May 11, 2022) — The Electronic Transactions Association (ETA); INFiN, a Financial Services Alliance; the Money Services Business Association (MSBA); and The Money Services Round Table (TMSRT) today announced the release of Best Practices for U.S. The industry effort to identify and distribute Best Practices for U.S.

Best Practices 40

Best Practices Money Laundering Law Enforcement AML 40

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws. Change that is not fully managed can lead to vulnerabilities.

Risk Management 40

Risk Management Risk Best Practices Compromise 40

Fintech News

AUGUST 6, 2024

The MAS assessment emphasized the regulator’s role in promoting a sound financial sector, focusing on insurer risk management and long-term policy protection. The minister confirmed that MAS was satisfied with Income’s board’s processes in managing conflicts of interest regarding the deal. billion (EUR 1.5

Consumer Protection 107

Consumer Protection Consumer Risk Management Best Practices 107

Fintech Review

DECEMBER 31, 2024

Striking a Balance Between Innovation and Risk Management Effective regulatory frameworks balance innovation with risk management. Adopting international best practices can enhance investor confidence and ensure compatibility with global systems. Emerging markets must adapt these standards to local contexts.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Seon

APRIL 23, 2024

As an umbrella term, fraud risk management encompasses the systematic processes of identifying, assessing and responding to an organization’s fraud risk. In the digital age, leveraging technology in fraud risk management is beneficial and essential in protecting an organization to ensure its long-term viability and success.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Fintech News

JANUARY 31, 2024

Key initiatives of the DAA include sharing knowledge and best practices through working groups, conferences, and online resources, focusing on topics like regulatory frameworks and market insights.

Best Practices 114

Best Practices Legal Blockchain Risk Management 114

Fintech News

JUNE 20, 2024

For instance, Nexi, the pan-European acquirer serving two million merchants, launched a project in 2021 to integrate machine learning into its infrastructure, enhancing its risk management, marketing, and operations. Approximately 95% of product features in Way4 are parameterisable, compared to just 30-40% offered in competing systems.

Use Case 122

Use Case AI Multi-Currency Payments 122

Fintech Finance

JUNE 13, 2024

EBANX , a global technology company specializing in payment services for emerging markets, has achieved the top international certification for Privacy Information Management Systems (PIMS), ISO/IEC 27701:2019. This certification ensures that the best practices available in the market for protecting data privacy are being strictly followed.

ISOs 81

ISOs Privacy Best Practices Compliance 81

The Finance Weekly

OCTOBER 13, 2021

Here are the best practices for getting started, from consolidating multiple companies' financials onto a single ledger to deciding which company's enterprise resource planning (ERP) system to stick with (or, in some cases, an even more difficult task—deciding to start from scratch and implement an entirely new ERP system): 1.

Risk Management 130

Risk Management Risk Automation Close Processes 130

Fi911

MAY 7, 2024

This termination leads to the business’s name being added to the TMF, marking it as a high-risk entity. This system, though crucial for risk management in the banking sector, can have significant repercussions for the businesses that find themselves placed on the TMF.

PCI DSS 92

PCI DSS Processors Compromise Identity Theft 92

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively. The webinar aims to delve into the significant influence of AI on the financial sector, particularly in risk management.

FinTech 135

FinTech Embedded Finance BNPL AI 135

The Payments Association

DECEMBER 16, 2024

Best Practices for Managing FX Risks Diversification Strategies Diversifying your currency portfolio is an effective risk mitigation approach. For companies with significant FX exposure, hiring a specialist forex compliance manager is advisable. SEPA, ACH, Faster Payments) to reduce delays and costs.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88