Remove Compliance Remove Disaster Recovery Remove Regulatory Compliance
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HIPAA Disaster Recovery Planning

VISTA InfoSec

However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. It’s not as complicated as it sounds!

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Understanding Risk Management Strategies as a PayFac

Stax

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.

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

Neopay

To ensure compliance, firms must thoroughly familiarise themselves with the regulations applicable to their business models. Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business.

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Oradian Pioneers Next-Gen Financial Services with Local Flair in the Philippines

Fintech News

This local presence does wonders, from ensuring that Oradian is smoothly aligned with local regulatory compliance, to enabling easily accessible customer support and community engagement. Oradian chose Makati for their office to be strategically situated right in the heart of the Philippines financial hub.

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6 Benefits of AI Insurance Claims Processing

Nanonets

2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.

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What is document digitization and how can it improve productivity?

Nanonets

Why document digitization is important for your business Document digitization has become increasingly crucial for businesses, with a wide range of benefits that can significantly impact productivity, efficiency, cost savings, security, collaboration, and compliance. hours per day searching for and gathering information.

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What is On-Premises Automation?

Nanonets

These tools track and analyze various metrics and generate reports to help identify bottlenecks, optimize workflows, and ensure compliance with predefined performance indicators. Backup and Disaster Recovery: Implementing robust backup and disaster recovery mechanisms is essential for on-premise automation.