PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports.

Risk 41

Risk Risk Management Disaster Recovery Audit 41

The Fintech Times

JULY 20, 2024

It is also key to test out the disaster recovery plans, instead of having these as a paper exercise and ensure that all the people, processes and data (and not only the technology) are tried and tested at scale, and there is sufficient preparation in place should such an outage happen in future. .”

Payments 75

Payments Mitigation Regulations ISO 20022 75

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

JUNE 27, 2023

Managing access to information is a priority for 89% of organizations regarding their overall risk management and security posture. Document digitization enables better control and management of compliance-related documents, ensuring adherence to regulatory requirements and facilitating auditing processes.

Product 52

Product Disaster Recovery Automation Compliance 52

Neopay

JUNE 27, 2024

Governance structure: Present a well-defined governance structure, highlighting key individuals responsible for regulatory compliance, risk management and oversight. Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

FICO

APRIL 16, 2019

A great case study from Medscheme, one of South Africa’s largest providers of administrative and health risk management solutions for the health care sector, shows how multiple technologies can be integrated to create a state-of-the-art decision platform.

Disaster Recovery 40

Disaster Recovery Advisors Rules Volume 40

Global Fintech & Digital Assets

DECEMBER 11, 2023

The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management. 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

M2P Fintech

AUGUST 8, 2023

This flexibility enables easy scalability of their credit card management system to meet growing customer needs, all while maintaining high performance and robust security. The approach reduces the risk of vendor lock-in and enhances both reliability and disaster recovery capabilities.

Credit Cards 52

Credit Cards Payment APIs and Integration Issuers API 52

Nanonets

MAY 6, 2024

Security : BlackLine prioritizes security with ISO/IEC 27001 certifications, SSAE 18 SOC 1 and SOC 2 Type II reports, and robust protection measures such as TLS cryptographic protocols, firewalls, disaster recovery services, and third-party penetration testing. Single sign-on (SSO) enhances security and user experience.  

Reconciliation 52

Reconciliation Accounts Audit Automation 52

Nanonets

SEPTEMBER 21, 2023

Risk-Handling Tool: In today's fast-paced business environment, managing risk is crucial for small businesses. An ERP system can help identify and mitigate various risks by integrating risk management functionalities.

Small Business 40

Small Business Automation Risk Process 40

FloQast

DECEMBER 13, 2023

And SOX compliance will require IT systems to provide audit trails, data integrity and accuracy, and effective disaster recovery. Ever-evolving Risks : Today, the business environment is defined by unprecedented levels of fluidity. All of these need to be well documented and replicable for external auditor testing.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

Segpay

MARCH 20, 2024

Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry. Malfunctions, errors, or algorithmic failures in AI systems could have far-reaching consequences, disrupting banking operations, causing financial losses, and undermining customer trust.

AI 90

AI Privacy Non-Bank Fraud Detection 90