Clearly Payments

FEBRUARY 3, 2024

Risk Mitigation: Since BNPL providers assume the risk of non-payment, merchants are protected from default or chargeback issues, reducing their financial exposure. Stay abreast of industry trends and BNPL innovations to remain agile and capitalize on emerging opportunities.

BNPL 104

BNPL Payments Mitigation Best Practices 104

Stax

AUGUST 22, 2024

However, there are steps you can take to protect your PayFac business and sub-merchants as much as possible from the potential impact of a risk. Review your risk mitigation and risk acceptance policies regularly and update them. There’s no need to have industry professionals on your roster all year round.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

M2P Fintech

NOVEMBER 7, 2024

Regulatory Compliance: Helps lenders stay compliant with regulations such as GDPR, PCI DSS, and other financial industry standards, reducing the risk of legal penalties. This keeps their operations current with industry trends and regulatory changes, allowing them to adapt quickly without significant investment in new infrastructure.

Origination 52

Origination PCI DSS API Underwriting 52

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance.   Risk mitigation : Thorough   vendor evaluation   and ongoing monitoring can minimize the risks associated with disruptions, delays, or subpar product or service quality.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

FloQast

NOVEMBER 20, 2023

While the exact factors might vary from company to company, some common areas of focus include the following: The Industry and Regulatory Environment Understanding the industry-specific risks and regulatory requirements is crucial.

Risk Assessment 52

Risk Assessment Audit Assessments Risk 52

Segpay

SEPTEMBER 30, 2023

Additionally, staying informed about industry trends and consumer preferences is crucial. Segpay is a high-risk payment processor with expertise in handling transactions for businesses operating in industries like CBD.

Legal 52

Legal Laws Processors Compliance 52

The Fintech Times

DECEMBER 15, 2023

“Organisations will need to consider the new industry trends with cross-border payments alongside new banking standards and practical applications of current and upcoming developments. Inevitably this means that B2B payments will attract greater friction in terms of authentication and consent.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59