Finovate

SEPTEMBER 4, 2024

Ncontracts has acquired Venminder, a third-party risk management SaaS platform, to enhance its governance, risk, and compliance services. The acquisition will broaden Ncontracts’ expertise in third-party risk management and strengthen its position in both SaaS and knowledge-as-a-service markets.

Risk Management 59

Risk Management Risk Acquirers Due Diligence 59

Innovative Payments Association

SEPTEMBER 5, 2024

In today's interconnected business landscape, companies often rely on third-party vendors, suppliers, and partners to help them operate efficiently and effectively. While these relationships can bring numerous benefits, they also come with inherent risks.

Boot Camp 52

Boot Camp Due Diligence Third Party Vendors Compliance 52

Global Fintech & Digital Assets

DECEMBER 21, 2023

The OCC outlines safety and soundness principles and appropriate risk management processes for its regulated institutions that engage in BNPL lending. The OCC expects that banks engaged in BNPL lending “do so within a risk management system that is commensurate with associated risks.” By Arthur S.

OCC 59

OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

Segpay

OCTOBER 18, 2023

By partnering with a payment processor that offers risk management as a value-added service, merchants can focus on their core business: selling their products and/or services. Merchants must invest in training, costly high-tech solutions, and expensive experts.

Transactions 52

Transactions Due Diligence Money Laundering Legal 52

PYMNTS

JUNE 29, 2018

disclosed it had suffered a data breach, the company also revealed the cause of the cybersecurity incident: a third-party vendor. “It is therefore vital that businesses conduct the necessary due diligence when integrating a new provider into their supply chain.” When Ticketmaster U.K.

Cybersecurity 49

Cybersecurity Breach Risk Third Party Vendors 49

PYMNTS

MAY 15, 2017

The challenge thus has become one where cybersecurity is not just centered on what must be done internally to protect a company and its customers, said Woodbury, but also to determine how third-party interaction with data is regulated. .

Cybersecurity 43

Cybersecurity Risk Disaster Recovery Risk Management 43

PYMNTS

FEBRUARY 12, 2019

The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers. took a series of steps to enhance its third-party risk management processes.,

Settlement 43

Settlement Compliance Risk OFAC 43