The Fintech Times

JANUARY 28, 2024

Cyber threats should be prioritised as a key business risk like financial and legal challenges, the UK government has urged as it releases new guidelines to help directors and business leaders boost their cyber resilience. These ratings are essential tools for directors and senior leaders to understand and mitigate cyber threats effectively.

Governance 119

Governance Government APACS Breach 119

The Payments Association

FEBRUARY 14, 2025

The rollout of variable recurring payments (VRPs) in 2025 will drive open banking adoption, with live services enabling recurring payments to utilities, government, and financial services. The Government has confirmed its plans to regulate cryptoassets, which includes regulating for stablecoins simultaneously.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

The Payments Association

FEBRUARY 10, 2025

The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. This article explores the key provisions of the Act, the risks businesses must address, and the steps required to mitigate potential liabilities.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

VISTA InfoSec

MARCH 25, 2025

CERT-IN Empanelment : Recognized by the Indian government as a trusted security assessor. CREST accreditation ensures that the testing is conducted by highly skilled professionals using proven methodologies, offering assurance of quality and reliability in identifying and mitigating vulnerabilities.

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

FloQast

JANUARY 22, 2025

This milestone showcases our commitment to transparency, accountability, and trust in every AI solution we deliver, and positions us as a leader in responsible AI governance within the accounting technology sector. This measured approach not only mitigates risks, but also unlocks new possibilities for our customers.

ISOs 105

ISOs AI Accounts Audit 105

The Payments Association

DECEMBER 2, 2024

PSPs were required to enhance their fraud detection and prevention systems to mitigate potential losses. This alignment is a crucial aspect of the regulator’s guidance (FG24/6), designed to assist PSPs in navigating the Amendment Regulations. The obligation to reimburse victims imposes a direct financial responsibility on PSPs.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

The Payments Association

MARCH 5, 2025

Coupled with public corruption that thrives in the gaps between transparency and oversight, where relationships, transactions, and motives can be disguised as routine governance, hidden risks can thrive. Lynx helps organisations leverage technology to mitigate risk while still delivering exceptional value to their customers.

Financial Crimes 88

Financial Crimes AML Crime Risk 88

The Fintech Times

MARCH 12, 2024

As the world grapples with the increasingly urgent need to address climate change, industries across the board are being called upon to play their part in mitigating its effects. “Insurance companies can also engage in public awareness campaigns, educating businesses and individuals on climate-related risks and mitigation measures.

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

Fintech Finance

JANUARY 20, 2025

Late payments are costing small businesses 22,000 a year on average , with the government announcing the New Fair Payment Code. Business owners and proprietors can take a proactive approach to mitigating these issues, with the aim of simplifying their operations and improving efficiencies, making these arduous tasks less work.

Payments 98

Payments Small Business Mitigation Faster Payments 98

The Payments Association

FEBRUARY 10, 2025

Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.

IBAN 88

IBAN AML Master Account Due Diligence 88

The Fintech Times

MAY 15, 2024

In a move to bolster cybersecurity and protections for AI models against hacking and sabotage, the UK government has officially unveiled a host of new measures, which also hope to set a new global standard. The codes set out requirements for developers to make products more resilient against tampering, hacking, and sabotage.

Cybersecurity 72

Cybersecurity Governance Government AI 72

The Fintech Times

OCTOBER 31, 2024

This swiftly confirms identities using biometric data and government-issued documents. “As bad actors target vulnerabilities across multiple points of the client and vendor workflows, we are continuously investing in robust, data-driven solutions to help customers mitigate global payments and identity risk with greater assurance.”

Mitigation 59

Mitigation Risk Global Payments Deepfake 59

Fintech News

MAY 29, 2024

This report outlines mitigation measures for government agencies, financial institutions, and Designated Non-Financial Businesses and Professionals (DNFBPs) to address these risks. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 108

Money Laundering Crime Risk Law Enforcement 108

The Fintech Times

MARCH 13, 2024

. “Generative AI is not the first, and won’t be the last, disruptive technology to impact the cyber threat landscape, so it is critical that businesses improve their risk mitigation, security and defence technologies, as well as seek appropriate risk transfer today, more than ever before.”

Risk Mitigation 59

Risk Mitigation Mitigation AI Risk 59

The Payments Association

JANUARY 13, 2025

The introduction of the Digital Assets Bill and the Financial Conduct Authority (FCA)s ongoing efforts to regulate cryptoassets demonstrates the regulator’s intentions to further define just how digital assets are governed and traded.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

VISTA InfoSec

OCTOBER 21, 2024

A decent level of personalization will give you more control over your funds and help mitigate damage from unauthorized transactions. The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

The Payments Association

OCTOBER 28, 2024

Payment leaders must focus on fraud prevention, collaboration with tech and telecom sectors, and public education to mitigate future risks. Investment in consumer education, combined with continued innovation in fraud detection technologies, will be essential in mitigating these growing risks. What’s next?

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Payments Association

JANUARY 3, 2025

This view was widely supported, with participants pointing to examples of successful industry-level initiatives, such as fraud consortiums, which pool resources to identify and mitigate threats. Participants also touched on the potential for government-backed initiatives to facilitate data sharing.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

PYMNTS

JULY 28, 2020

” HashCash Enhances Risk Mitigation. In its Banking-as-a-Service offering, HashCash recently revealed strengthened risk mitigation capabilities within HashCash Consultants. The capabilities are there, but utilization has not reached the levels that we expected.”

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

The Payments Association

JANUARY 22, 2025

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. While digital identification is key to mitigating potential fraud and streamlining airport throughput, several barriers exist to successful implementation.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech News

DECEMBER 22, 2024

Fueling fintech growth through financial support and talent development 2024 also saw the Singapore government launch several initiatives to solidify its global fintech leadership.

FinTech 108

FinTech Cross-Border Payments Cross-Border Money Laundering 108

The Fintech Times

JULY 20, 2024

Because of this, many will wonder how they can better equip themselves with tools to ensure they can mitigate the impact of problems, even if something on this scale happens again. Dafydd Vaughan, CTO at Public Digital “Companies and national governments need to be prepared and take mitigating actions to minimise their exposure.

Payments 122

Payments Mitigation Regulations ISO 20022 122

VISTA InfoSec

DECEMBER 19, 2024

Governance and Oversight Establish a cybersecurity governance framework for SWIFT-related environments. Test the IRP periodically to ensure its effectiveness in mitigating cyber incidents. Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

Core

FEBRUARY 6, 2024

As pillars of the public, government organizations contribute to the stability and functionality of society, ensuring citizens receive necessary support, protection, and opportunities for growth. Digital payments are now an integral piece of the government financial landscape. Here are some key insights.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

PYMNTS

DECEMBER 9, 2020

The cybersecurity firm FireEye — which counts numerous government agencies among its clients — said in a blog post that its proprietary tools were hacked by a suspected nation-state. “We Aside from tools, the fraudsters were also apparently after data from the many government agencies that are clients of FireEye. reports Reuters. “We

Cybersecurity 106

Cybersecurity Mitigation Governance Government 106

Fintech News

AUGUST 20, 2024

Dian highlighted that while digitalisation offers significant efficiency benefits, it also introduces challenges and risks that must be mitigated to ensure banking stability. “This requires a resilient banking system because it can affect the continuity of bank operations and businesses.

AI 111

AI Mitigation Assessments Risk 111

Core

OCTOBER 4, 2023

With the ever-growing shift toward digital transactions, the need for governments to implement more extensive front- and back-end system integration is clear. Government enterprise resource planning (ERP) payment systems arise to confront these challenges.

Governance 52

Governance Government Payment Reconciliation Payments 52

Core

MARCH 19, 2024

City and county government institutions bear the responsibility of careful management—and protection—of public funds. Still, payment fraud is a concern in every sector, and the stakes for government organizations are especially high. The solution: robust government fraud detection mechanisms for payment systems.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

The Fintech Times

FEBRUARY 28, 2025

” Thoughtful governance and proactive risk management Charles Nerko, team leader for data security litigation in Barclay Damon LLP There is a misconception that as AI learns from data, it will be impossible for it to make mistakes.

AI 97

AI Regulations Best Practices Risk 97

Core

OCTOBER 16, 2023

For government agencies, a revenue report is not just a financial document. It’s a strategic tool to guide budgetary decisions, resource allocation, and long-term government planning—ultimately contributing to the overall efficiency of government operations. Here’s how.

Governance 52

Governance Government Procedures Mitigation 52

PYMNTS

DECEMBER 11, 2020

The governor added that restaurants can continue to offer takeout, curbside pickup and outdoor dining, and he called on the federal government for help. The federal government must provide relief to these bars and restaurants in this next package,” Cuomo said. The average hospital stay is also down to five days from 11 days.

Mitigation 107

Mitigation Governance Government Continuity 107

VISTA InfoSec

FEBRUARY 13, 2024

Employees who are aware of the risks associated with cyber threats and the steps they can take to mitigate these risks form a solid first line of defence against bad actors in the digital sphere. By regularly conducting these tests, businesses can preemptively discover areas of exposure that cyber attackers could potentially exploit.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

VISTA InfoSec

JULY 29, 2024

A decent level of personalization will give you more control over your funds and help mitigate damage from unauthorized transactions. Theaddedanonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

Fintech Finance

MARCH 25, 2025

To mitigate these payments challenges, the UK’s SMBs are busy investing in contactless and alternative payment methods to lay the foundations for smoother payments processes that will benefit both cashflow and the user experience on offer to their customers.

Contactless Payments 59

Contactless Payments Alternative Payment Methods Small Business Innovation 59

Fintech News

JULY 1, 2024

The evolving global terrorism landscape necessitates regular updates to Singapore’s risk assessments and counter-terrorism strategies given its status as a global financial and business hub Singapore employs a comprehensive, government-wide approach to identify, monitor, and mitigate terrorism financing risks.

Risk Assessment 112

Risk Assessment Assessments Risk Finance 112

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. To make multilateral payment platforms work well, there need to be clear rules and ways for different systems to work together.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Interoperability Payments 116

Fintech News

JUNE 5, 2024

The benefits of adopting a life cycle model are manifold, including mitigating risks through early problem identification, enhanced predictability in activities, and a unified approach in the planning and renewal phases. While comprehensive, these models often lack the specificity and nuance needed for the financial services sector.

FinTech 107

FinTech Mitigation Risk On-Demand 107