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The Role of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks

PYMNTS

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Yet even the most advanced risk mitigation efforts can’t entirely avoid the threat of disruption. At the same time, distancing orders mean carriers’ employees can continue to issue disbursements while working from home.

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Securing Your Wealth: How Cybersecurity Affects Investment Decisions

VISTA InfoSec

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. Thus, due diligence in evaluating a company’s cybersecurity posture is crucial for an investor.

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Mitigating Risk With Payment Flexibility: Continuity In The Face Of Uncertainty

PYMNTS

“In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience,” Ryan Frere, executive vice president, global payments at Flywire , told PYMNTS. In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience.

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Singapore Authorities Issue Warning on Akira Ransomware Threat

Fintech News

Maintaining routine backups of critical data is essential for ensuring business continuity. In addition to backups, developing comprehensive incident response and business continuity plans is vital. Business Continuity Plans (BCPs) should be tailored to minimise the impact on business operations in the event of an attack.

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U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

Fintech Finance

The new guideline, developed by the FPC’s Operational Considerations Work Group, sponsored by Endava , dives deep into the practical considerations FIs must address to successfully implement instant payments, from liquidity management to fraud mitigation, business continuity, and staffing requirements.

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Essential Guide to Seamless CCaaS Implementation 

VISTA InfoSec

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Ensuring Robust Cybersecurity Cybersecurity becomes a critical concern as businesses shift their operations to the cloud.

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Essential Guide to Seamless CCaaS Implementation 

VISTA InfoSec

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Ensuring Robust Cybersecurity Cybersecurity becomes a critical concern as businesses shift their operations to the cloud.