article thumbnail

CGI Elevates Fraud, Compliance Risk Mitigation For Banks

PYMNTS

With financial crime on the rise, CGI HotScan360 aims to deliver integrated, intelligent and real-time anti-money laundering (AML), customer due diligence and fraud detection capabilities. CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution.

article thumbnail

What SMBs Risk When They let Supply Chain Threats Linger

PYMNTS

So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. A traditionally manual process involving PDF questionnaires, supplier due diligence is rarely at the top of the list when organizations are considering where to place their resources to invest in new, automated technology.

Risk 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Compliance Execs Forge Closer Ties With Corporate Buyers

PYMNTS

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. ” Organizations must do more with less, and they must do it quickly, he continued.

article thumbnail

Ncontracts Acquires Third Party Risk Management Company Venminder

Finovate

Kentucky-based Venminder offers a SaaS platform for third-party risk management that helps more than 1,200 customers manage their vendor relationships– from onboarding to offboarding. Photo by Edmond Dantès The post Ncontracts Acquires Third Party Risk Management Company Venminder appeared first on Finovate.

article thumbnail

DueDil, nCino allow FIs easy due diligence checks and risk mitigation

The Paypers

Intelligence platform DueDil has announced a new collaboration with nCino , a pioneer in cloud banking and digital transformation solutions for the global financial services industry.

article thumbnail

AU10TIX Aims to Reduce Operational Risk for Businesses With New AML Solution

The Fintech Times

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. It also boasts a user-friendly dashboard that offers an intuitive interface, enabling customers to make informed decisions quickly and confidently.

AML 64
article thumbnail

Understanding Risk Management Strategies as a PayFac

Stax

Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. The due diligence doesn’t stop at onboarding.