PYMNTS

JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

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

Nanonets

MAY 31, 2023

AI can help mitigate these issues. This empowers finance professionals to make informed decisions about budgeting, cash flow management, investment opportunities, and risk mitigation. Organizations must establish robust governance frameworks and ethical guidelines for AI implementation.

AI 122

AI Finance Fraud Detection Mitigation 122

The Payments Association

DECEMBER 16, 2024

Managing FX Risks in International Payments FX risks can arise from both external factors (e.g., While external factors are harder to control, businesses can mitigate their impact through effective strategies. Streamlined processes and robust controls can mitigate these risks effectively. process inefficiencies).

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management 54

Risk Management Risk Risk Mitigation Mitigation 54

PYMNTS

JANUARY 24, 2019

Understanding exposure to risk is essential for companies today, and Dun & Bradstreet (D&B) research suggests awareness is strong, with U.S. procurement professionals identifying supplier due diligence, internal compliance training, social governance efforts and continued vendor monitoring as the biggest concerns.

Compliance 76

Compliance Due Diligence Risk Mitigation Risk 76

The Finance Weekly

AUGUST 26, 2023

This encompassing approach involves handling financial, strategic, operational, and accidental loss-related risks. Both industry and government regulatory bodies, along with investors, are intensively examining the risk management strategies and protocols of enterprises.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

PYMNTS

NOVEMBER 19, 2018

With “audience,” “purpose” and “actionable” as foundations of the Playbook, the team decided on key topic areas for inclusion, including faster payments opportunities, business strategy, risk mitigation and compliance and internal impacts.

NACHA 63

NACHA Faster Payments Risk Mitigation Payments 63

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

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.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

Finovate

SEPTEMBER 4, 2024

Ncontracts has acquired Venminder, a third-party risk management SaaS platform, to enhance its governance, risk, and compliance services. The acquisition will broaden Ncontracts’ expertise in third-party risk management and strengthen its position in both SaaS and knowledge-as-a-service markets.

Risk Management 59

Risk Management Risk Due Diligence Acquirers 59

PYMNTS

APRIL 27, 2016

A recent report from Deloitte explores how to increase the corporate treasurer’s confidence in mitigating FX risk at their companies, a task the firm said largely depends on identifying less obvious areas of risk exposure. Deloitte highlighted a greater margin of error and more time connected to manual risk analysis processes.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

PYMNTS

JUNE 30, 2016

government and the practicalities of Brexit will leave many companies facing a number of challenges and opportunities,” said Reval Solutions Consultant Jacqui Drew in a statement last week, adding that businesses must have a strategy in place that includes scenario planning to help a company navigate through such a tumultuous period.

Mitigation 40

Mitigation Treasury Treasury Management Assessments 40

PYMNTS

JUNE 3, 2020

TrueLayer To Enable UK Government Payments. government to work with public sector entities and provide them with payment initiation services, according to reports in SmartCitiesWorld. Below, PYMNTS breaks down the latest in bank-FinTech partnerships. API technology firm TrueLayer has been cleared by the U.K. An agreement with the U.K.

FinTech 68

FinTech Remote Deposit Capture API Payer 68

FICO

DECEMBER 19, 2016

IoT-dependent manufacturers will respond positively to publicly discussed risk mitigation strategies and differentiators. Biometric security data may become the biggest security vulnerability of all. Starting with Apple TouchID , biometric identification has now gone mainstream. In the aftermath of the compromise of 5.6

Office of the Comptroller of the Currency 82

Office of the Comptroller of the Currency Cybersecurity Identity Theft Compromise 82

PYMNTS

NOVEMBER 6, 2018

The tool interconnects Shell’s central treasury office to its 718 operating units to manage foreign exchange (FX) risk and volatility with its more than 200 bank partners. “Now, we can more efficiently route market requests from regional centers around the world to our central treasury.

Treasury 53

Treasury Treasury Management Risk Mitigation Blockchain 53

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “Automated workflows facilitate real-time risk management, ensuring a coordinated response to evolving threats.

Risk 59

Risk Financial Crimes AML Risk Management 59

FICO

MARCH 1, 2022

Fiserv, a leading global provider of payments and financial services technology solutions, has developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients. You can read more about this story in the full media release.

AI 52

AI Credit Union Mitigation Risk Mitigation 52

PYMNTS

MARCH 14, 2017

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them. In general, large firms — with large amounts of consumer data to draw from — are the not government’s concern when it comes to expanding into lending.

Underwriting 46

Underwriting Risk Mitigation Financial Inclusion Government 46

PYMNTS

JULY 31, 2019

At the time, The Washington Post said the probe represented “an unprecedented level of government attention” on a sector that has, until now, evaded regulatory scrutiny for operating outside of consumer protection rules. For any new market player, combatting the reputation of the MCA can be a challenge.

Federal Trade Commission 65

Federal Trade Commission Small Business Underwriting Risk Mitigation 65

Fintech News

APRIL 3, 2025

Malaysia: Exponential Growth Meets Regulatory Onset The Malaysian government has acknowledged the rapid expansion of BNPL services, with transactions rising to MYR7.1 According to Yahoo Finance, Singapores BNPL market is forecasted to reach just US$2.9 In Vietnam, where BNPL is growing rapidly with a CAGR of 45.2%

BNPL 111

BNPL Regulations Accreditation Consumer Protection 111

PYMNTS

JUNE 26, 2019

Mitigating Risk For Third Parties. Supply chain verification is instrumental in mitigating the risk of noncompliance for marijuana firms regulated at the state level. I would imagine a financial institution would [value that], for doing what they need to do to show they’re a legitimate, serious company.”

Legal 44

Legal Mitigation Verification Risk Mitigation 44

PYMNTS

SEPTEMBER 7, 2018

Now, the company is working with financial institutions like BTG Pactual, linking them to SMBs’ accounts receivable and other data sources for enhanced underwriting and risk mitigation, as well as the launch of its own lending solution.

Finance 46

Finance Underwriting Risk Mitigation B2B 46

PYMNTS

JANUARY 18, 2019

Last month, the EU Blockchain Forum urged the European government to deploy the technology for digital identities , calling the use case “the fundamental building block, and a key area for governments to focus on to promote risk mitigation, compliance and trust in the financial system.

B2B 78

B2B Blockchain B2C Use Case 78

PYMNTS

MARCH 23, 2017

CurrencyVue is helping Australian SMEs enter into the world of FX risk mitigation. With plans to launch the platform later this year, CurrencyVue will link into SME banking and accounting systems as they step onto a global stage, helping them reduce exposure to FX fluctuation risk.

Risk Mitigation 40

Risk Mitigation Small Business Risk Mitigation 40

PYMNTS

OCTOBER 1, 2019

India’s NBFC community is in flux amid tightening regulations as the government looks to promote customer protections and risk mitigation while maintaining broad access to financial services. Last month Bloomberg reported that NBFCs in India have issued $1.5

Risk Mitigation 43

Risk Mitigation Regulations Non-Bank Mitigation 43

PYMNTS

APRIL 23, 2019

Reports in Toolbox on Monday (April 22) said the companies are collaborating on solutions to automate and digitize processes for Australia’s superannuation market, enabling fund managers to boost visibility and strengthen risk mitigation.

Risk Mitigation 43

Risk Mitigation APACS Mitigation On-Demand 43

PYMNTS

APRIL 27, 2017

A comprehensive risk mitigation program was put in place to resolve all of the issues,” AIB said in a statement to Bloomberg. The Irish government owns 99.9 The bank “fully co-operated with the Central Bank at all stages of this investigation, which has now concluded,” it added.

Money Laundering 40

Money Laundering Compliance Central Bank Due Diligence 40

PYMNTS

MAY 10, 2018

Businesses are largely behind the push, with government initiatives promoting a digital economy and FinTech innovators targeting corporate payments and finance in addition to their consumer-focused endeavors. “There are risks here, too, that should be properly assessed, priced and mitigated.”

SWIFT 40

SWIFT Risk Mitigation Mitigation On-Demand 40

PYMNTS

MAY 28, 2019

Business Secretary Greg Clark had previously recommended that the FRC be merged into a new watchdog: the Audit, Reporting and Governance Authority. Reports said the FRC also intends to heighten its scrutiny of auditor governance and leadership, risk mitigation processes, control and overall behavior.

Audit 40

Audit Risk Mitigation Authorization Regulations 40

The Fintech Times

MARCH 18, 2024

It’s important to us that BWB serves as a key to unlocking exclusive benefits for its holders, offering them a voice in community governance, access to ecosystem airdrops, and a dividend in the rewards driven by the growth of Bitget Wallet.” Looking ahead, Kan elaborated: “The launch of BWB marks a new beginning for us.

NFTs 64

NFTs Participant Risk Mitigation Transactions 64

The Fintech Times

DECEMBER 9, 2023

The integration of data, AI, and scalable technologies will be explored to optimise risk and opportunity, challenging the traditional paradigm where risk mitigation often takes precedence. Secondly, there’s a growing political focus on this issue, which has led to the government and banks signing a mortgage charter.

Consumer 111

Consumer Financial Literacy Regulations AI 111

PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. The report found that more than half of these breaches (55.5 Those challenges surpassed the 15 percent that said access to capital is their biggest challenge.

Risk 43

Risk AFP Identity Theft Email Compromise 43

Neopay

JUNE 27, 2024

Understanding the Regulatory Landscape To successfully obtain FCA authorisation, it is essential to have a comprehensive understanding of the regulatory landscape governing the payments industry and how it applies to your proposed business model. Below we have given a brief overview of what is needed to gain authorisation from the FCA.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

PYMNTS

APRIL 23, 2020

It will also have a funding application portal, offering to save time for businesses by identifying cost saving measures and available funding options, including relevant government financial aid available. As the economy lags, governments are pouring money into as many sectors as they can to keep everyone afloat. recently allotted 1.25

Risk 56

Risk Credit Risk Economy Government 56

The Fintech Times

AUGUST 2, 2024

First proposed in 2020, the regulators aim to govern the AI space in Europe by establishing the level of risk AI has on a company based on how it is used. The European Union has created four different categories in the AI Act that firms will fall into: minimal risk, specific transparency risk, high risk, and unacceptable risk.

AI 59

AI Compliance Regulations Risk 59

PYMNTS

JUNE 23, 2016

So far, enterprise security solutions focus on strengthening the detection and mitigation of potential breaches within a corporate IT system or involve businesses taking out insurance in the event of a data breach. These insurance providers need tools to assess organizations to underwrite for breach insurance,” he continued.

Cybersecurity 40

Cybersecurity Data Breach Assessments Breach 40