Fintech News

JULY 24, 2024

The forum’s theme, “ Boost Resilience, Reshaping Smarter Finance Together ,” encapsulates the industry’s collective ambition to navigate the challenges of an uncertain future through technological excellence and collaborative innovation.

Finance 117

Finance Risk Mitigation Automation AI 117

Fintech News

DECEMBER 6, 2023

Discussions about risk decisioning platforms often center around onboarding and loan origination. Eliminating siloed systems and easily sharing intelligence enables more accurate and faster decisions, reducing risks, and maximising growth. However, investing at the start of the journey is just one aspect of the puzzle.

APACS 114

APACS Risk RFP Risk Mitigation 114

PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. Allied Irish Bank Embraces LendScape Receivables Finance.

Finance 99

Finance FinTech Risk Mitigation Non-Bank 99

Fintech News

FEBRUARY 14, 2024

The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).

Finance 124

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 124

The Fintech Times

FEBRUARY 28, 2025

Exploring what firms must do, Nick Campbell , chief product officer of payments at Clearent by Xplor Technologies , the SaaS and embedded finance platform, said: “While AI is an incredibly helpful tool for combating fraud, it is also an immensely powerful tool for committing fraud too. A top concern is liability for AI errors.

AI 97

AI Regulations Best Practices Risk 97

PYMNTS

JULY 28, 2020

Deutsche Bank recently announced an investment in Germany FinTech Traxpay , a company that will integrate supply chain financing technologies and solutions within Deutsche Bank’s own offering. ” Infor, DBS Collaborate On Trade Finance. ” HashCash Enhances Risk Mitigation.

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

PYMNTS

SEPTEMBER 20, 2016

million seed funding round in support of its cloud-based invoice financing solution for SMEs, reports said on Monday (Sept. DueCourse is built on its own risk mitigation technology. Its risk model decides whether an SME is eligible to receive invoice financing, as well as the cost of that loan. million in July.

Finance 74

Finance Risk Mitigation Small Business Mitigation 74

Stax

JANUARY 8, 2024

However, several complex types of risks come along with this. As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. Let’s get started.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Supplier financial risks have declined over time, too. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

APRIL 9, 2019

While use of trade finance continues to climb, the International Chamber of Commerce ‘s Banking Commission has warned the financial services market that small and medium-sized business (SMB) access to trade finance is disproportionately low, as large financial institutions (FIs) pull back from the SMB borrower segment.

Finance 63

Finance Underwriting Risk Mitigation Mitigation 63

PYMNTS

MARCH 20, 2020

But Michael Ellis, head of commercial at Equiniti Group’s EQ Riskfactor , said the market is also quickly discovering that lenders themselves can benefit from unlocking data to improve SMB financing operations, and the U.K.’s A Win-Win for Banks and SMBs. ” The U.S.’s ’s Open Banking Path. . ” The U.S.’s

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

JANUARY 7, 2021

trillion gap in available trade finance that hampered their ability to grow. Now, with survival on the line for many companies, the urgency to close the trade finance gap has grown. By nature, he recently told PYMNTS, trade finance is a cross-border industry involving an array of collaborators. A Digitization Path.

Finance 70

Finance Risk Mitigation Mitigation Cross-Border 70

The Fintech Times

FEBRUARY 15, 2025

LEAP 2025 featured a dedicated Fintech Track, covering digital banking, blockchain applications, and AI in finance. This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

Fintech Finance

MARCH 3, 2025

Antom, a global leader in merchant payment, growth and digitisation services, is transforming the merchant payment experience with its AI-driven and risk tech-optimised solutions. Multi-Party Computation (MPC)-based AI risk management and mobile device security system ensure every transaction is secure.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

PYMNTS

JUNE 17, 2020

As such, trade finance will be an important piece of the global recovery puzzle. Connecting B2B vendors to financing on their unpaid invoices can grant them the financial stability they need to keep trade flowing, but it comes with its own set of challenges — both for the vendor and financiers. Broadening Risk Mitigation.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Other supply chain risks stem from ongoing trade disputes between the U.S. coming from larger corporates. for example.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

Fintech News

APRIL 10, 2024

The document meticulously compares the regulatory frameworks from 11 authorities within these jurisdictions, highlighting the proactive measures being taken to mitigate the various risks associated with the issuance of stablecoins, especially those tethered to a single fiat currency.

Stablecoins 122

Stablecoins Regulations Digital Currency Risk Mitigation 122

Fintech Finance

MARCH 13, 2025

And security, regulatory compliance, and fraud risk mitigation are top priorities for Ecommpay when implementing Currency Choice. The post Currency Choice at Checkout Boosts Sales Conversion by 8% appeared first on FF News | Fintech Finance.

Online and Mobile Banking 59

Online and Mobile Banking Risk Mitigation Regulatory Compliance Mitigation 59

FloQast

FEBRUARY 19, 2025

Xavier Sanchez is a Managing Director at CFGI, leading the Risk Advisory practice in the New York Metro area. As a consultant in the risk mitigation and compliance space , I always strive to be my client’s advisor on their risk and compliance needs.

Advisors 52

Advisors Compliance Risk Audit 52

Fintech Finance

AUGUST 27, 2024

EURI will be available on the Ethereum and BNB Smart Chain blockchains and subject to transaction monitoring and risk assessments for fraud identification and general risk mitigation. The post Banking Circle Launches the First Bank-Backed MiCA-Compliant Stablecoin, EURI appeared first on FF News | Fintech Finance.

Stablecoins 116

Stablecoins Multi-Currency Regulations Risk Mitigation 116

The Fintech Times

AUGUST 9, 2024

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. The post AU10TIX Aims to Reduce Operational Risk for Businesses With New AML Solution appeared first on The Fintech Times.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times. Maturing Risk Strategies.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

The Finance Weekly

OCTOBER 13, 2021

Although all members of a finance team play a role in the integration and use of FP&A solutions, the influence of the Financial Controller (FC) is particularly important to note. Historically used within finance departments, CPM software is now designed to be used enterprise-wide, often as a complement to business intelligence systems.

Risk Management 130

Risk Management Risk Mitigation Risk Finance 130

M2P Fintech

APRIL 10, 2025

Unlike unsecured personal loans, which entail elevated risk for lenders and impose higher interest rates on borrowers, Loans Against Mutual Funds (LAMF) present a secure and cost-efficient lending model. Lets see what Loans Against Mutual Funds (LAMF) entail and why they hold such importance in modern finance.

Regulatory Compliance 52

Regulatory Compliance Mitigation Compliance Automation 52

PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk 47

Risk Risk Mitigation Payment APIs and Integration Database 47

Fintech Review

AUGUST 7, 2024

However, the traditional paper-based trade document system has long been plagued with inefficiencies, including delays, high costs, and the risk of loss or damage. Enhanced Security and Risk Mitigation Digitalizing trade documents, including the eBL, brings added security by reducing the risk of fraud, loss, or damage.

Risk Mitigation 102

Risk Mitigation Mitigation Facilitators Risk 102

Fintech Finance

JULY 22, 2024

Open banking fosters a secure environment through card fraud risk mitigation while also enabling instant funds transfer – perfectly aligning with ACE’s mission of serving global expat communities with secure, instant, and convenient remittance solutions. ACE is an industry leader in the adoption of open banking.

Risk Mitigation 98

Risk Mitigation Funds Transfer Mitigation Security 98

PYMNTS

NOVEMBER 10, 2017

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. As covered in news reports by Asset Finance International on Thursday (Nov. 9), Ultimate Finance, based in the U.K.,

Finance 40

Finance Risk Mitigation Mitigation B2B 40

Fintech News

APRIL 3, 2025

What started as a consumer-friendly alternative to traditional credit is becoming a more concrete financing solution in the digital payments ecosystem, particularly in emerging markets like BNPL regulation in Asia. It sets standards to reduce debt risks and protect users. Providers found in breach risk losing accreditation.

BNPL 110

BNPL Regulations Accreditation Consumer Protection 110

Finovate

JANUARY 17, 2025

Belvo and JP Morgan Partner to Enhance Recurring Payments in Mexico A strategic collaboration between Latin American open finance platform Belvo and J.P. Founded in 2019 and headquartered in Mexico City, Belvo is a leading open finance and data payments platform. “This alliance with J.P. billion.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Acquirers 64

PYMNTS

JULY 23, 2019

The China Banking and Insurance Regulatory Commission (CBIRC) is introducing new measures that require banks and insurance companies to validate trade transaction and documents to combat the risk of fraud. for Finance and Development’s Deputy Director Zeng Gang in an interview with China Daily.

Finance 51

Finance Disputes Verification Underwriting 51

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance 40

Finance Risk Mitigation Small Business Mitigation 40

PYMNTS

MAY 17, 2018

Together, the entities have formed a network to pilot Finacle Trade Connect, the firm’s trade finance process management tool for lenders. Infosys Finacle first announced its blockchain trade finance solution for banks last year after 11 banks participated in trials.

Finance 49

Finance Blockchain Risk Mitigation Mitigation 49

PYMNTS

MARCH 23, 2020

After a long period of pulling back, lenders are finally beginning to find value in financing small- and medium-sized businesses (SMBs). But after years of finding SMBs too unprofitable to finance, lenders have to play catch-up to develop better underwriting processes for greater accuracy and efficiency.

Underwriting 75

Underwriting Risk Assessment Risk Mitigation Mitigation 75

PYMNTS

FEBRUARY 11, 2020

And the banks that finance these transactions must trust that what business partners say will happen, has actually happened. Lee Tarone, CEO and founder of trade finance and payments platform Envoy , says a lack of trust continues to hamper the industry’s ability to address the ongoing $1.5

Finance 53

Finance Technology Cross-Border Distributed Ledger Technology (DLT) 53

PYMNTS

OCTOBER 3, 2019

Prophix is another company that recently rolled out its own addition to the B2B virtual assistant space, having launched its Virtual Financial Analyst for middle-market finance departments. Virtual assistants allow for finance professionals to interact with the technology in a conversational, human way. Balancing Risks.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55