Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Requirements related to business continuity and disaster recovery have also been included for the first time.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

Nanonets

DECEMBER 13, 2023

Data Privacy and Security Compliance: AI systems can enhance data privacy and security compliance by implementing robust encryption methods and access controls. Risk Assessment and Compliance Prediction: AI can assist in proactively identifying potential compliance risks by analyzing historical data and patterns. . #6:

AI 102

AI Process Fraud Detection Compliance 102

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Neopay

JUNE 27, 2024

Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations. This includes conducting a thorough risk assessment, implementing appropriate risk controls and establishing effective monitoring mechanisms.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Segpay

MARCH 20, 2024

The collection and analysis of vast amounts of customer data increases the risk of data breaches, unauthorized access, and misuse of personal information. Banks must implement robust security measures, such as encryption, access controls, and data anonymization, to protect sensitive customer data from potential threats and vulnerabilities.

AI 111

AI Privacy Non-Bank Fraud Detection 111

The Payments Association

MARCH 20, 2025

The second pillar, cybersecurity and risk management, has become increasingly complex as cybercriminals exploit the rise of digital payments and remote working. Companies should adopt zero-trust security models, continuous risk assessments, and real-time threat intelligence to ensure theyre staying one step ahead in this degree.

Compliance 88

Compliance Disaster Recovery Regulatory Compliance Risk 88