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 have effective compliance programs to prevent transaction laundering, protect their brand and reputation, and ensure regulatory compliance.

Transactions 52

Transactions Due Diligence Money Laundering Legal 52

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Nanonets

MAY 31, 2023

The need for AI in finance In traditional finance functions, companies often rely on manual processes, extensive paperwork, and repetitive tasks to manage their financial operations. These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management.

AI 122

AI Finance Fraud Detection Mitigation 122

M2P Fintech

JULY 28, 2023

Key Ancillary System Integrations Our ability to seamlessly stitch in loyalty programs, personal finance, fraud and risk management , reconciliation , core banking , and KYC modules with the debit card management solution sets us apart from our peers.

Debit Card 52

Debit Card Payment APIs and Integration Reconciliation Fraud Detection 52

Nanonets

FEBRUARY 12, 2024

Enhanced Fraud Detection AI emerges as a formidable ally in the perpetual cat-and-mouse game with fraudsters. Machine learning algorithms can detect subtle anomalies and irregularities in data patterns, signaling potential fraudulent activities. Regulatory compliance challenges also loom large.

AI 52

AI Fraud Detection Regulatory Compliance Automation 52

The Fintech Times

MAY 14, 2024

My previous roles in corporate banking and investments, coupled with my experience in building tech companies, have provided me with a unique blend of financial insight, strategic thinking, client relationship management, risk management, entrepreneurship, and technical expertise.

Compliance 64

Compliance Privacy FinTech Innovation 64

Fintech News

APRIL 28, 2024

By leveraging, advanced technologies such as cloud computing, AI/ML, biometric authentication, anomaly detection algorithms, and real-time monitoring systems, banks can enhance their fraud detection capabilities, identify suspicious patterns, and mitigate risks more effectively.

AI 109

AI Innovation Financial Crimes Crime 109

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion Risk Management Consulting 52

Nanonets

APRIL 5, 2023

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process.

Automation 52

Automation Process Risk Assessment Assessments 52

Seon

MAY 10, 2024

Through automating tasks that used to take up much of an analyst’s time, case management systems can quickly highlight and prioritize the most severe alerts. This enables analysts to use their time effectively, closing alerts more swiftly and improving their risk management.

AML 52

AML Money Laundering SARS Suspicious Activity Report (SAR) 52

FICO

MAY 27, 2021

Decision Management Innovation. eDriving , a leading global provider of digital driver risk management programs, partnered with FICO to create a score based on telematic driving data. Conductor , the leading banking-as-a-service platform in Latin America, increased fraud detection by 25 percent.

Online and Mobile Banking 52

Online and Mobile Banking Liquidity Risk Risk Fraud Detection 52

EBizCharge

JULY 16, 2024

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Through a robust risk management framework and stringent security rules, NACHA strengthens trust in the digital payment ecosystem. What is NACHA?

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

Seon

JUNE 29, 2023

KYT is a regulatory compliance requirement. Depending on each organization’s risk tolerance, this may be where parties associated with the suspicious transaction are subjected to further security checks or trigger a more comprehensive manual review by risk teams. Ask an Expert What Does KYT Mean for AML Compliance?

Transactions 52

Transactions Due Diligence Money Laundering AML 52

The Fintech Times

SEPTEMBER 19, 2024

However, risk orchestration is a process promising to help fintechs and financial institutions combine their customer onboarding, authentication and risk management processes into one place. “This is done through the integration of risk management, adaptive risk mitigation, process automation, and real-time analysis.

Risk 59

Risk Financial Crimes AML Risk Management 59

The Fintech Times

AUGUST 29, 2024

This includes Aadhaar, PAN, DL, voter ID, passport verifications, face match, liveness detection, geolocation check, bank account, and UPI ID verifications. The AI-powered fraud detection solution offers reliability by identifying suspicious activities, anomalies, and patterns indicative of fraudulent behaviour.

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

Segpay

MARCH 20, 2024

Enhanced Fraud Detection and Security One of the most significant advantages of AI and Machine Learning in banking is its ability to detect fraudulent activities and enhance security measures. Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry.

AI 110

AI Privacy Non-Bank Fraud Detection 110

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Clearly Payments

NOVEMBER 28, 2023

AI’s capacity to analyze extensive datasets is revolutionizing risk management, fraud detection, and customer service within the banking industry. Exploring the potential of digital currencies requires careful consideration of regulatory frameworks, security measures, and consumer education.

Digital Currency 52

Digital Currency Central Bank AI Innovation 52

FICO

OCTOBER 7, 2019

Decision Management Innovation: Medscheme and Santander. Fraud & Security: EnterCard and FIS. Regulatory Compliance: Canadian Tire Financial Services. Sid Dash , research director at Chartis for risk management analytics. Commendation: Santander Polska. Financial Inclusion: China Construction Bank.

Fraud Detection 40

Fraud Detection Regulatory Compliance Financial Inclusion AI 40