Fi911

FEBRUARY 29, 2024

In today’s digital marketplace, where online transactions form the backbone of commerce, it’s imperative for professionals in banking and finance to grasp the essentials of documents and tools that facilitate these seamless and secure exchanges. It facilitates operational excellence, risk mitigation, and regulatory compliance.

VARS 67

VARS Payment APIs and Integration Regulatory Compliance Gateways 67

Fintech Finance

MAY 21, 2024

Effective immediately, UK merchants can now facilitate their payments using Bacs direct debits through their Business Accounts. Security and Compliance: Direct debit payments are protected by the Direct Debit Guarantee, which ensures that customers can get their money back if a payment is taken in error.

Accounts 52

Accounts Regulatory Compliance Compliance Automation 52

Finovate

FEBRUARY 14, 2024

The California-based company says the purchase not only underscores its commitment to regulatory compliance, but that it will also help bolster its existing product offerings. The company supports live commercial custody offerings in 20 regulatory jurisdictions, and facilitates payments to 70 countries worldwide.

Acquirers 52

Acquirers Regulatory Compliance Settlement Blockchain 52

Fintech News

MARCH 26, 2024

Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solutio n through the Global Travel Rule (GTR) Alliance. Binance, which has been a client of Sumsub since 2021, aims to bolster its international compliance efforts through this alliance.

Travel Rule 106

Travel Rule Rules Compliance Transactions 106

The Fintech Times

FEBRUARY 8, 2024

The DeepTech Venture Studio will receive dedicated support from the Ministry of Investment of Saudi Arabia through the facilitation of entrepreneurial licences and the entrance of companies under Saudi laws and regulations, including connecting with key government stakeholders, strategic partners as well as investors.

Regulatory Compliance 69

Regulatory Compliance Legal Laws Facilitators 69

Fintech Finance

APRIL 11, 2024

The solution provides a secure and efficient payment experience for customers, whilst ensuring regulatory compliance for institutions. SurePay is the most trusted Confirmation of Payee (CoP) provider in the UK, and Verification of Payee (VoP) provider in the EU, and has facilitated billions of checks across Europe.

Payee 52

Payee Verification Payment APIs and Integration IBAN 52

Finovate

JULY 30, 2024

Texas-based Vantage Bank announced this week it has tapped financial risk control platform Cable to facilitate the bank’s compliance and risk management program. This partnership comes as Vantage Bank seeks to grow its fintech program and partnerships in today’s tightened regulatory environment.

Compliance 52

Compliance Risk Management Regulatory Compliance Financial Crimes 52

Fintech Review

SEPTEMBER 9, 2024

With attributes such as best liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of delivering a reliable trading experience for the global crypto community.

Regulatory Compliance 52

Regulatory Compliance Cryptocurrency Security Facilitators 52

Seon

JULY 10, 2024

This monitoring occurs before a transaction is approved or processed and aims to facilitate legitimate transactions while identifying potential regulatory risks. In contrast, payment transaction monitoring ensures regulatory compliance and the proper processing of legitimate transactions.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

FICO

JANUARY 6, 2021

This investment will contribute not only to the quality of the bank’s decisions, but also to its ability to demonstrate regulatory compliance of every decision and every model.”.

Government 52

Government Governance Regulatory Compliance Compliance 52

Neopay

AUGUST 5, 2024

Facilitated problem solving and proactive engagement Neopay’s training is distinguished by its emphasis on facilitated problem-solving and proactive engagement. This approach includes discussions about real case studies and scenarios to provide practical insights.

Compliance 52

Compliance Procedures Audit Risk Management 52

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. Factors like regulatory compliance obligations and the potential financial or reputational repercussions are also considered during this assessment.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Fintech Finance

MARCH 12, 2024

By leveraging standards-based data encryption, tokenization, and masking, the comforte Data Security Platform provides granular audit and control for regulatory compliance without affecting service levels or compromising efficiency. “We Compliance appeared first on Fintech Finance. PCI DSS v4.0 Deissner, CEO at comforte AG.

PCI DSS 52

PCI DSS Compliance Encryption Real Time Payments 52

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. In 2023, Visa alone facilitated a staggering $18.6 billion by 2027, but they face challenges in keeping up with technology and compliance.

Payments 104

Payments BNPL Value Added Service ISOs 104

Nanonets

NOVEMBER 15, 2023

The two differ in terms of regulatory compliance and maintaining cash flow. Regarding compliance, various industries and organizations are subject to specific rules and regulations governing how funds are distributed and repaid. only reimbursements are subject to VAT treatment and tax regulatory compliance.

Regulatory Compliance 52

Regulatory Compliance Compliance Correspondent Government 52

Fintech Finance

MAY 29, 2024

Rehana Mitha, Managing Director of Edenred Payment Solutions states : “Edenred Payment Solutions has been quietly facilitating payments and embedded finance solutions for forward-thinking businesses for the last 15+ years.

Payment Solutions 52

Payment Solutions Embedded Finance Regulatory Compliance Payments 52

Fintech News

APRIL 16, 2024

The report notes that several institutions have already started exploring the use of gen AI in risk management, citing regulatory compliance, financial crime, credit risk, modeling and data analytics, cyber risk and climate risk as emerging use cases. The tech can also serve as a virtual expert for investigating security data.

Risk Management 97

Risk Management AI Risk Use Case 97

Fintech Review

AUGUST 27, 2024

.” – Cyber managing partner and former Lido cofounder Konstantin Lomashuk With this latest round, Legion is building its reputation system and accountability layer, and securing the necessary VASP/CASP licenses to facilitate pre-token fundraising rounds and token sales for non-accredited investors under MiCA.

Bots 52

Bots Accreditation Regulatory Compliance Participant 52

Segpay

DECEMBER 7, 2023

Segpay is a global payment facilitator of online credit card processing for subscription-based content providers and e-commerce merchants. Online intermediaries are defined as any service that facilitates the provision of information or content by users or third parties on the Internet. Empowering users to customize their preferences.

Compliance 52

Compliance Privacy Regulatory Compliance Data Security 52

Fintech Finance

MAY 21, 2024

As such, it offers a secure and efficient payment experience for customers and improved business efficiencies, as well as regulatory compliance. SurePay is the most trusted Confirmation of Payee (CoP) provider in the UK, and Verification of Payee (VoP) provider in Europe, and has facilitated over 7.5

Payee 52

Payee Verification Regulatory Compliance Scams 52

Neopay

MARCH 22, 2024

UK competitiveness and growth: Efforts will be directed towards enhancing the attractiveness and accessibility of UK wholesale markets, facilitating firm investment and innovation, and streamlining the authorisation process for firms. Contact us today to learn more about how we can help your organisation.

Consumer Protection 52

Consumer Protection Regulatory Compliance Compliance Regulations 52

Fi911

NOVEMBER 7, 2023

On the global stage, the Financial Action Task Force (FATF) , an initiative backed by the G7, is at the forefront of facilitating international cooperation against money laundering and terrorist financing. These may align with industry best practices or other regulatory frameworks.

AML 52

AML Compliance Money Laundering OFAC 52

The Fintech Times

JULY 7, 2024

Since the start of BitOasis, trust and regulatory compliance have been a key pillar in our mission to drive crypto adoption across MENA. “This is a common pillar we share with CoinDCX along with our unwavering commitment to customer-centricity that has been equally vital for sustainable success.

SARS 59

SARS Regulatory Compliance Volume Compliance 59

Nanonets

DECEMBER 13, 2023

2: Proactive Regulatory Compliance AI plays a crucial role in ensuring regulatory compliance in insurance claims processing through the following: Automated Compliance Checks: AI algorithms can be programmed to conduct automated checks against regulatory requirements.

AI 102

AI Process Fraud Detection Compliance 102

The Paypers

MARCH 5, 2020

Emirates SkyCargo has unveiled it is working with Accuity to help automate and facilitate its regulatory compliance screening operations.

Compliance 28

Compliance Regulatory Compliance Facilitators Automation 28

Finovate

APRIL 10, 2024

Banks need to ensure that their partners comply with data protection regulations and stay up-to-date on regulatory changes. This will both facilitate fair treatment and reduce redlining concerns. That’s because BaaS involves sharing sensitive customer data with third party providers.

Due Diligence 52

Due Diligence Privacy Compliance Regulatory Compliance 52

Segpay

OCTOBER 18, 2023

Let’s have a look at some of the risks that merchants face if transaction launderers are abusing their online business: Legal and Regulatory Consequences: Legal Liability : Merchants could be legally liable for facilitating illegal transactions through their accounts.

Transactions 52

Transactions Due Diligence Money Laundering Legal 52

Fintech Review

JULY 16, 2024

For example, APIs allow fintech companies to access banking data, facilitating the creation of enhanced financial services. Regulatory compliance is crucial to ensure that data sharing practices adhere to legal standards and protect consumer rights. They can revoke this consent at any time, maintaining control over their data.

Innovation 98

Innovation Consumer API Financial Inclusion 98

M2P Fintech

JANUARY 31, 2024

These modules work together to ensure that banking operations run smoothly, delivering efficiency, accuracy, and security. Here are the 7 modules that aid the FIs processes and facilitate day-to-day banking operations. 1. Its primary function is to maintain all accounting entities in balance and turnover.

Fraud Detection 59

Fraud Detection CRM Regulatory Compliance Compliance 59

The Fintech Times

APRIL 30, 2024

For instance, IoT-enabled devices could facilitate automatic payments for utility bills or groceries based on consumption data. “Smart contracts will facilitate automatic payments and agreements without intermediaries. “More personalised offers, specifically tailored to our needs, is just the beginning. .”

Embedded Finance 109

Embedded Finance Finance Innovation AI 109

Fintech News

FEBRUARY 26, 2024

While a majority view their regulatory landscape as adequate, with 63% of surveyed fintechs rating it favourably (with 36% even lauding their regulatory environment as a major supporting factor of their operational growth in recent years), a considerable segment finds aspects of regulatory compliance, licensing, and registration to be burdensome.

FinTech 130

FinTech Consumer Financial Inclusion On-Demand 130

EBizCharge

JULY 3, 2024

Payment options may include credit/debit cards, bank transfers, or other payment methods facilitated by the third-party billing company, which often enables no-fee credit card processing for the customer. Payment Collection: The customer pays the invoice. This not only expedites payments but also alleviates the administrative burden on staff.

Regulatory Compliance 52

Regulatory Compliance Due Diligence Process Compliance 52

Clearly Payments

JANUARY 4, 2024

Regulatory Compliance: The regulatory environment for cryptocurrencies varies across jurisdictions. Ripple (XRP), designed with a focus on facilitating cross-border payments, has gained traction for its speed and efficiency. This section covers some of the best practices for merchants in the realm of cryptocurrency.

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Segpay

FEBRUARY 21, 2024

Risk Monitoring The integration of generative AI in KYC also facilitates continuous monitoring of customer behavior, allowing PSPs to adapt to evolving risks dynamically. This ensures that the KYC processes remain robust and aligned with regulatory compliance, a critical aspect for financial institutions.

AI 105

AI Innovation Fraud Detection Encryption 105

FICO

NOVEMBER 26, 2020

FICO® Decision Central™, part of the FICO® Platform , enables the most effective decision governance, minimizes risk, facilitates a continuous learning and improving loop, and promotes centralized collaboration across the enterprise. by FICO.

AI 52

AI Regulatory Compliance Adjustments Governance 52

Clearly Payments

JANUARY 10, 2024

This approach is commonly used by eCommerce platforms, point-of-sale (POS) systems, and other software that facilitates online or in-person payments. These barriers to entry are substantial, encompassing technological, regulatory, and competitive aspects.

Processors 105

Processors ISOs Embedded Finance Payments 105

Nanonets

APRIL 29, 2024

Regulatory Compliance : Compliance with regulatory standards such as GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) is non-negotiable for businesses. This facilitates data flow and minimizes disruptions to your current workflows.

Reconciliation 52

Reconciliation Payment APIs and Integration Regulatory Compliance Compliance 52