The Fintech Times

MARCH 25, 2024

This debate has become more complex and nuanced in the context of open finance, where aligning technology investments with key objectives such as regulatory compliance, secure data management, and enhancing customer interactions takes precedence. The emphasis on a customer-first mindset is pivotal for cultivating trust and loyalty.

Finance 115

Finance Regulatory Compliance Compliance On-Demand 115

Fintech Finance

JANUARY 11, 2024

It explores the challenges faced by financial institutions in correspondent banking relationships, shedding light on regulatory compliance, security concerns, foreign exchange rate risks, and the impact of fintech players entering the field. “The evolving nature of cross-border payments demands a proactive approach.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Fintech Review

MARCH 27, 2024

My journey continued to a fund, where, amidst the 2007 financial crisis, I spotted a unique opportunity. Recognizing the demand among UK SMEs for alternatives to traditional banking, I founded Nucleus Commercial Finance. RegTech will see growth as the demand for regulatory compliance increases.

AI 99

AI On-Demand Finance Regulatory Compliance 99

The Fintech Times

OCTOBER 2, 2024

Dubai’s strategic location and DIFC’s robust legal and regulatory framework, built on two decades of experience, makes this the ideal hub for international businesses looking to make a lasting impact. Reece Merrick, Ripple managing director, Middle East and Africa “This is a pivotal moment for Ripple’s operations in the Middle East.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Blockchain Payments 75

The Payments Association

OCTOBER 3, 2024

Yet, achieving this transformation is far from simple—it demands a strategic overhaul of the entire tech stack, from customer-facing applications to backend processing systems. Moreover, with 95% of all purchases will be made online by 2040 , the demand for seamless digital payment experiences is only expected to grow.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking On-Demand Process 88

Fintech Review

JANUARY 9, 2024

Prioritize Regulatory Compliance Photo by Sora Shimazaki on Pexels.com For fintech founders, one of the primary areas of focus should be regulatory compliance. Navigating this regulatory landscape can be challenging, but it’s paramount for success.

FinTech 64

FinTech Regulatory Compliance Compliance Regulations 64

Fintech Finance

APRIL 8, 2024

With the approval from MAS, TerraPay is set to redefine the payment landscape by offering services across Account Issuance, Domestic and Cross-border Money Transfers, Merchant Acquisition, and E-money Issuance, catering to the growing demand for efficient and transparent payment solutions in the region.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Regulatory Compliance APACS 52

Fintech News

APRIL 7, 2024

trillion by 2028, Ripple aims to cater to the increasing demand for stable and reliable digital currencies. This regulatory compliance extends to the new stablecoin, ensuring it meets global standards. Brad Garlinghouse “This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto.

Stablecoins 117

Stablecoins Use Case Blockchain Regulatory Compliance 117

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. In today’s regulatory environment, compliance is not just about ticking boxes; it’s about ensuring your business operates within the law and meets all necessary standards.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

The Payments Association

SEPTEMBER 30, 2024

Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance. The need for continual updates to fraud detection algorithms and stronger customer authentication methods remains critical.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

Fintech News

FEBRUARY 26, 2024

This period of upheaval has catalysed a significant transformation within the sector, with fintech firms adapting to and capitalising on the changing landscape of consumer demands and regulatory environments. The regulatory environment presents a nuanced picture for fintechs.

FinTech 142

FinTech Consumer Financial Inclusion On-Demand 142

The Fintech Times

APRIL 5, 2024

There’s clear demand for stablecoins that deliver trust, stability, and utility. To meet this growing demand, Ripple will issue a stablecoin, leveraging its decade-plus of experience building real-world financial solutions for institutions around the world. The stablecoin market is about $150billion, and is forecasted to exceed $2.8

Stablecoins 64

Stablecoins Use Case Blockchain On-Demand 64

Fintech News

JUNE 12, 2024

This agility allows them to swiftly respond to market demands and opportunities while significantly reducing costs associated with traditional card issuance methods. Integration with digital wallets The integration of credit cards with digital wallets is crucial for their continued relevance.

Credit Cards 106

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 106

Fintech News

MAY 5, 2024

For nearly a decade, this cloud-based core banking platform provider has anchored its Philippine operations in Makati, the bustling heart of Metro Manila’s financial district. In fact, Makati is Oradian’s home in the region now for the better part of a decade. from 56% in 2021.

Financial Inclusion 111

Financial Inclusion Underserved Regulatory Compliance Disaster Recovery 111

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. How to Conduct a Thorough Identity Risk Assessment Each organization’s journey demands a meticulous understanding of its vulnerabilities and risks.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Seon

SEPTEMBER 20, 2024

Modern customers demand a seamless lending experience, with some lenders offering loan decisions in as little as 20 seconds. Differentiating between actual fraud and bad credit decisions continues to be a struggle for many lenders. Regulatory compliance adds another layer of complexity.

Risk 52

Risk Fraud Prevention Deepfake Risk Management 52

Fintech News

APRIL 28, 2024

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

AI 109

AI Innovation Financial Crimes Crime 109

FICO

JANUARY 6, 2021

This investment will contribute not only to the quality of the bank’s decisions, but also to its ability to demonstrate regulatory compliance of every decision and every model.”.

Government 52

Government Governance Regulatory Compliance Compliance 52

The Fintech Times

OCTOBER 12, 2024

Although this may not become a direct customer differentiator, challenger banks have increasingly come under the scrutiny of the FCA , meaning regulatory compliance and security will remain essential as they grow. “The industry and market move fast, and agility is key. .

AI 64

AI Addressing On-Demand Blockchain 64

Nanonets

DECEMBER 13, 2023

When errors occur, the system can adapt and improve over time through continuous learning, ultimately enhancing the accuracy of future data extractions. This includes tracking changes in regulations and immediately flagging any discrepancies or potential non-compliance issues.

AI 102

AI Process Fraud Detection Compliance 102

Fintech News

MAY 2, 2024

Wise has been making significant strides in the Asia Pacific region as it continues to revolutionise the way people and businesses move and manage money globally. The company’s mission-driven approach has resonated with customers, with Wise welcoming 100,000 new users each week and serving 300,000 businesses each quarter.

Cross-Border 109

Cross-Border Cross-Border Payments Push-to-Card On-Demand 109

Open Banking Excellence

SEPTEMBER 27, 2024

As Mexico progresses on its Open Banking journey, the collaborative efforts of the DBT in Mexico, the Mexican regulatory institutions, and its partners will continue to play a pivotal role in ensuring that the benefits of this digital financial revolution are accessible to all. of households, while Internet penetration is 62.9%.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147

PYMNTS

MARCH 2, 2018

This volume of investment reflects the soaring demand within financial services for new digital innovations as these technologies prove their value and applicability in the market,” said Accenture Financial Services Group Chief Executive Richard Lumb in another statement. A report released this week found startups across the U.S.,

B2B 47

B2B Continuity FinTech Blockchain 47

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. Banks must, therefore, prioritise resilience and continuity as never before. Zero Downtime ensures continuous service availability, eliminating the concept of ‘offline’ in financial services.

Finance 115

Finance Risk Mitigation Automation AI 115

Fintech News

JUNE 12, 2024

This agility allows them to swiftly respond to market demands and opportunities while significantly reducing costs associated with traditional card issuance methods. Integration with digital wallets The integration of credit cards with digital wallets is crucial for their continued relevance.

Credit Cards 52

Credit Cards Payment APIs and Integration Card Issuer Non-Bank 52

Fintech Finance

AUGUST 2, 2024

The longer the system runs, the more precise it becomes, continuously refining its rules and thresholds to reduce fraud and increase accuracy. By tailoring machine learning models to specific client groups, it improves the precision of anomaly detection and ensures compliance with regulatory standards for each segment.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

The Fintech Times

FEBRUARY 5, 2024

In the face of struggling global economies, significant inflation, and uncertain markets, traditional banks are grappling with digital transformation challenges and the pressure to meet consumer demands, all while ensuring regulatory compliance. Furthermore, scalability is a key asset of fintech operations.

Innovation 116

Innovation FinTech Regulatory Compliance On-Demand 116

Fintech Review

JANUARY 24, 2024

While some banks lead with these cutting-edge approaches, others lag behind, adhering to outdated methods that fail to meet modern consumer demands. To answer this, we must delve into various aspects of bank lending practices, their adaptability in changing markets, and the satisfaction level of their clientele.

Risk Management 105

Risk Management Assessments Small Business Innovation 105

Fintech News

FEBRUARY 7, 2024

This incident was not an anomaly but rather the beginning of a distressing pattern of failures that continued to unfold throughout the year. Each disruption not only eroded customer trust but also exposed systemic vulnerabilities within DBS’s digital framework. The imposition of an additional capital requirement of approximately S$1.6

Non-Bank 105

Non-Bank Authorization Regulatory Compliance On-Demand 105

PYMNTS

DECEMBER 14, 2020

I can see advertisers in YouTube at the mid-funnel level – even if that's not the intent at that moment – investing to create demand, create interest and so on. Pichai thinks the platform’s potential for advertising and commerce will only expand for both merchants and Alphabet as YouTube continues to grow. percent to $5.04

Regulatory Compliance 88

Regulatory Compliance On-Demand Privacy Compliance 88

FICO

NOVEMBER 26, 2020

FICO® Decision Central™, part of the FICO® Platform , enables the most effective decision governance, minimizes risk, facilitates a continuous learning and improving loop, and promotes centralized collaboration across the enterprise. by FICO.

AI 52

AI Regulatory Compliance Adjustments Government 52

Fintech News

JANUARY 16, 2024

In 2024, the banking sector is witnessing a pivotal transformation driven by advanced technologies like AI and cloud computing, evolving customer demands, and changing regulatory landscapes. China’s growing involvement in global economies and risks in its residential property sector demands scrutiny.

AI 112

AI Risk Non-Bank On-Demand 112

The Fintech Times

JULY 19, 2024

“Moreover, staying current with technology and regulatory changes is challenging. Fintech companies need to continuously adjust to new laws and public expectations, which demands regular investment and adaptability. But it doesn’t stop there. “One of the biggest challenges is measuring social impact. .

FinTech 105

FinTech Privacy Financial Inclusion Regulations 105

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

The Fintech Times

OCTOBER 5, 2024

Between September 2021 and November 2023, Starling opened over 54,000 accounts for 49,000 high-risk customers, despite agreeing to demands of the FCA. The fine, combined with the increased regulatory pressure, should serve as a strong motivator for Starling to prioritise improvements in its sanctions screening process.

Financial Crimes 52

Financial Crimes Crime Compliance Money Laundering 52

Clearly Payments

JANUARY 10, 2024

As software companies continue to develop and expand their offerings, they have a unique opportunity to tap into this lucrative revenue stream by providing payment solutions to their customers. These barriers to entry are substantial, encompassing technological, regulatory, and competitive aspects.

Processors 88

Processors ISOs Embedded Finance Payments 88

FloQast

MAY 13, 2024

9 Evolving Trends in Accounting The accounting industry is changing rapidly, influenced by technology like automation and artificial intelligence (AI), new regulatory demands, and evolving client and employee expectations. Here’s a quick look at nine accounting trends showing where the profession is headed.

Accounts 52

Accounts Technology Cybersecurity Audit 52