Remove Business Continuity Remove Due Diligence Remove Mitigation
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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

As an investor, due diligence in cybersecurity involves examining several areas. 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.

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PwC Partners With Cockroach Labs to Reduce Risk, Cost and Complexity of Compliance and Modernisation

The Fintech Times

Through the new partnership, PwC UK and Cockroach Labs will offer end-to-end comprehensive solutions to banks and financial service institutions trying to ensure compliance and keep up with evolving regulatory complexities and impending mandates around operational resiliency, business continuity, and data sovereignty.

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Understanding Risk Management Strategies as a PayFac

Stax

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. The due diligence doesn’t stop at onboarding.

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How payment firms can prepare for the FCA’s proposed safeguarding regime

The Payments Association

Tighter oversight of third parties: When firms engage third parties to manage safeguarded funds, stricter due diligence and diversification will be required , reducing third-party failure risks. He says: “I think the onus will be on doing appropriate due diligence at the start.

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Absoft: Data Migration – Solving the M&A Headache

The Fintech Times

Don Valentine , commercial director at Absoft , the business building solutions provider, advocates for a different approach – one that mitigates risk, accelerates migration, and ensures rapid access to high-quality transaction level data.

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Hong Kong Monetary Authority Issues Guidance for Banks on Crypto Custody and Sale of Tokenised Products

Global Fintech & Digital Assets

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.

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FCA Authorisations: How are things changing? Are things improving?

Neopay

Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations. Provide a clear overview of your risk appetite and mitigation strategies to demonstrate a proactive approach to risk management.