VISTA InfoSec

JUNE 26, 2024

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. The consequences of non-compliance extend beyond immediate financial penalties.

Cybersecurity 215

Cybersecurity Due Diligence Security Risk Management 215

Finovate

JULY 30, 2024

Texas-based Vantage Bank announced this week it has tapped financial risk control platform Cable to facilitate the bank’s compliance and risk management program. This partnership comes as Vantage Bank seeks to grow its fintech program and partnerships in today’s tightened regulatory environment.

Compliance 52

Compliance Risk Management Regulatory Compliance Financial Crimes 52

Neopay

AUGUST 5, 2024

Effective safeguarding training covers the policies, procedures, and regulations that must be adhered to in order to minimise risks and maintain compliance with regulatory standards. Understanding risk management is also a crucial part of the training.

Compliance 52

Compliance Procedures Audit Risk Management 52

The Fintech Times

SEPTEMBER 14, 2024

2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. Having already explored compliance challenges, penalties and solutions, we now turn our attention to the technology of the moment: AI.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

The Fintech Times

SEPTEMBER 4, 2024

This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the fintech world fairer and safer. We asked industry experts to find out. Keeping up with this can be a true headache.”

Compliance 64

Compliance Rules Regulations Cybersecurity 64

Finextra

AUGUST 1, 2024

TransPecos Banks, an innovative Texas-based community bank, has selected Oscilar’s innovative AI-Powered AML Risk Platform to transform its compliance and risk management capabilities.

AML 52

AML Risk Regulatory Compliance Community Banks 52

The Fintech Times

OCTOBER 18, 2024

Risk management is a necessity in fintech, as well as a legal obligation. However, the depth and quality of this management can become a significant competitive advantage. This holistic approach ensures that risk management is aligned with business objectives.

Risk 87

Risk FinTech Risk Management Cybersecurity 87

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

Finovate

OCTOBER 2, 2024

The new Digital Trading Storefront is built on FIS’s Cross-Asset Trading and Risk Platform. The new tool supports both buy-side and sell-side strategies while helping firms manage trading volumes and mitigate regulatory compliance risks. ” FIS was founded in 1968.

Regulatory Compliance 59

Regulatory Compliance Payment APIs and Integration Mitigation Risk 59

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform.

Transactions 109

Transactions Security Deepfake Travel Rule 109

Fintech Finance

JULY 24, 2024

Covaliu brings over 18 years of experience to the role, having worked at various global companies including Booking.com as Senior Risk Manager, Uber as Chief Risk and Compliance Officer, and Mambu as VP of Risk and Compliance.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

Neopay

DECEMBER 6, 2023

Skilled person reviews are an integral component of the FCA’s regulatory toolkit, initiated to obtain an independent and expert assessment of a firm’s activities. These reviews play a crucial role in identifying potential risks, ensuring regulatory compliance, and safeguarding the integrity of financial markets.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

Fintech Review

JUNE 12, 2024

IoT devices, such as smart home sensors and connected cars, provide real-time data that insurers can use for risk assessment and mitigation. Real-Time Monitoring and Prevention IoT devices enable real-time monitoring of insured assets, allowing for proactive risk management.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

VISTA InfoSec

JUNE 3, 2024

It mandates strict compliance requirements for organizations that process personal data, regardless of their location. Non-compliance can result in hefty fines and damage to an organization’s reputation. ISO27001: An international standard for information security management systems.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech News

OCTOBER 21, 2024

Risk management, data analysis, and operations require the most adaptation due to DeFi, with circa 80% of respondents anticipating significant changes in these business areas and processes. Data management & privacy, and regulatory compliance are also significant issues that must be addressed closely.

Regulatory Compliance 59

Regulatory Compliance Finance Privacy Risk Management 59

Neopay

JUNE 27, 2024

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.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Fintech Finance

JUNE 14, 2024

Having spent over three decades in this space, Arash will leverage his extensive industry knowledge and deep risk management expertise in his new role to grow Payzli’s high-risk channel and ensure the company maintains the highest security standards and regulatory compliance.

Regulatory Compliance 98

Regulatory Compliance Risk Compliance Advisors 98

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. Automated risk management solutions can be helpful in theory.

Compliance 76

Compliance Due Diligence Risk Mitigation Risk 76

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. However, there is a range of other areas of noncompliance risk for these businesses.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

Finovate

AUGUST 29, 2024

The flagship product Comply is a plug-n-play utility that integrates with existing payment infrastructures, ensuring ISO compliance with minimal disruption. Features Achieves ISO 20022 compliance at lightning speed Provides multiple financial message formats Offers ISO message validator Who’s it for? Credit unions.

Credit Union 52

Credit Union ISO 20022 ISOs Compliance 52

Fintech Finance

AUGUST 2, 2024

ComplyTek introduces an advanced transaction screening solution for instant payments , designed to ensure compliance and mitigate fraud within the critical 10-second processing window. Flexible Integration : Robust APIs for seamless integration with various payment systems and compliance tools. Faisal I. ,

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

Finovate

JULY 29, 2024

MoR responsibilities can include payment processing, risk management, legal and financial responsibility, tax compliance, customer service and support, and fraud prevention. This may attract businesses looking for an all-in-one platform to handle not just payment processing, but also compliance, tax, and customer support.

Acquirers 59

Acquirers Regulatory Compliance Cross-Border Fraud Prevention 59

Seon

JULY 10, 2024

It ensures smooth processing and compliance for legitimate payments, primarily verifying transaction details, validating customer credentials, screening against sanctions and watchlists, and ensuring compliance with regulations. For regulatory compliance, they meet AML requirements by monitoring transactions above certain thresholds.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

Fi911

FEBRUARY 29, 2024

The Importance of a VAR Sheet for Banks For banks, the VAR Sheet holds particular significance, offering a multitude of benefits: Risk Management: By detailing security measures and compliance protocols, the VAR sheet helps banks mitigate the risk of fraud and data breaches associated with payment processing.

VARS 68

VARS Payment APIs and Integration Regulatory Compliance Gateways 68

Neopay

MARCH 4, 2024

By publicly naming firms under investigation, the FCA sends a clear message that misconduct will not be tolerated, aiming to dissuade other firms from engaging in similar malpractices and fostering a culture of compliance and integrity.

Compliance 52

Compliance Mitigation Risk Mitigation Regulatory Compliance 52

Neopay

FEBRUARY 27, 2024

As the industry grapples with evolving regulations, shifting consumer demands, and technological advancements, fintech firms are increasingly seeking comprehensive solutions to streamline their operations and navigate the complexities of compliance.

FinTech 59

FinTech Compliance Audit Risk Management 59

Seon

SEPTEMBER 20, 2024

SEON recently brought together industry leaders from the online lending space to discuss the evolving landscape of fraud prevention and risk management. Achieving this balance is critical to satisfying customers without undermining risk management strategies. Regulatory compliance adds another layer of complexity.

Risk 52

Risk Fraud Prevention Deepfake Risk Management 52

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance 46

Compliance Regulatory Compliance Regulations Database 46

M2P Fintech

JANUARY 3, 2024

Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Core banking systems must have integrated compliance features that can adapt to evolving standards and regulations for robust security and fraud detection.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

The Fintech Times

APRIL 4, 2024

A new study by CybSafe , the human risk management platform, has found that 23 per cent of US and UK consumers have said that a bank’s approach to cybersecurity is a factor when they consider opening an account. This emphasises the clear expectation from customers that banks move beyond compliance to curtail risk.

Cybersecurity 53

Cybersecurity Data Breach Breach Scams 53

Nanonets

APRIL 29, 2024

You know that untangling this web of numbers is not just about ensuring compliance; it's about safeguarding the financial health and reputation of your organization.   Risk Management : Accurate and timely reconciliation is critical for effective risk management.

Reconciliation 52

Reconciliation Payment APIs and Integration Regulatory Compliance Compliance 52

Fintech Finance

JANUARY 30, 2024

They will also ensure compliance in an increasingly complex regulatory landscape. “In In developing the Fraud & Error Prevention Suite, AccessPay’s aim was to help businesses take a proactive approach to fraud and risk management,” states Anish Kapoor, CEO of AccessPay.

Payee 52

Payee Money Laundering Non-Bank Checks 52

Neopay

FEBRUARY 12, 2024

Learn how Neopay’s Integrated Managed Service offers a comprehensive solution that combines innovation, collaboration, and strategic foresight. The increased costs and complexity of compliance is affecting all financial services firms at the moment. What are the biggest challenges facing payments and e-money firms at the moment?

FinTech 52

FinTech Compliance Reconciliation Risk Management 52

PYMNTS

OCTOBER 16, 2019

The Cost of Compliance. Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated. And yet, per that same study, 30 percent rate at least one of their AML components as being either “not at all” or only “somewhat” effective.

AML 49

AML Compliance Money Laundering Financial Crimes 49

Finovate

APRIL 10, 2024

Banks need to ensure that their partners comply with data protection regulations and stay up-to-date on regulatory changes. To verify ongoing compliance, banks need to implement vendor management practices to oversee the compliance efforts of their BaaS providers and mitigate risks on both sides.

Due Diligence 52

Due Diligence Privacy Compliance FDIC 52

Neopay

MARCH 7, 2024

Risk Assessment weaknesses: Annex 1 firms have demonstrated inadequacies in conducting comprehensive Business Wide Risk Assessments and Customer Risk Assessments, leaving significant gaps in their AML frameworks.

AML 52

AML Financial Crimes Crime Risk Assessment 52

Nanonets

DECEMBER 13, 2023

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.

AI 102

AI Process Fraud Detection Compliance 102