Fintech News

JULY 24, 2024

By automating routine tasks and leveraging AI for complex decision-making, banks can significantly reduce the risk of human error while improving overall operational efficiency. Comprehensive risk mitigation for financial resilience Huawei’s suite of solutions goes beyond mere equipment upgrades.

Finance 119

Finance Risk Mitigation Automation AI 119

The Fintech Times

AUGUST 18, 2024

By strategically partnering with Coincover, Bitso will benefit from complete protection against disaster situations, such as hacking or lost access, enabling it to better protect its customers’ funds.

Disaster Recovery 59

Disaster Recovery Cryptocurrency Risk Mitigation Mitigation 59

Stax

AUGUST 22, 2024

These risk events can occur suddenly and are hard to foresee but PayFacs can still set up systems to lower the chances of operational risks. Maintain a comprehensive disaster recovery program and undertake contingency planning so that you can resume operations quickly.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Neopay

JUNE 27, 2024

Financial crime risk assessment: Ensure that business activities are regularly reviewed against possible financial crime risks, appropriately assessed against probability and impact and adjusted against the firm’s risk mitigation systems and controls.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

FloQast

DECEMBER 13, 2023

In the context of internal controls, risk assessment identifies and evaluates the risks that could prevent the company’s internal controls from operating effectively. And SOX compliance will require IT systems to provide audit trails, data integrity and accuracy, and effective disaster recovery.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52