Stax

AUGUST 22, 2024

Two of the most popular payment solution providers for businesses looking to accept digital payments are payment processors and payment facilitators (PayFacs). In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

Neopay

JUNE 27, 2024

It is important to showcase a strong understanding of the market and a viable long-term business plan. Governance structure: Present a well-defined governance structure, highlighting key individuals responsible for regulatory compliance, risk management and oversight.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

DECEMBER 13, 2023

Lastly, AI's predictive capabilities extend to risk management. By analyzing historical data, AI systems identify potential risks associated with workforce changes and help insurance firms proactively manage these risks.

AI 102

AI Process Fraud Detection Compliance 102

Nanonets

SEPTEMBER 21, 2023

An ERP system can help identify and mitigate various risks by integrating risk management functionalities. With features such as compliance management, data security, and disaster recovery, small businesses can proactively address potential risks and ensure business continuity.

Small Business 40

Small Business Automation Risk Process 40

PYMNTS

MAY 27, 2020

In an announcement on its website, Paycor said the certification means the company has demonstrated robust compliance and risk management capabilities, adherence to NACHA’s Operating Rules, and adequately addressed disaster recovery and business continuity needs of business clients.

Blocks 92

Blocks RTP NACHA Credit Union 92

Global Fintech & Digital Assets

DECEMBER 11, 2023

The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management. Requirements related to business continuity and disaster recovery have also been included for the first time.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59