VISTA InfoSec

MARCH 13, 2025

However, with this widespread adoption comes an equally significant risk which is the growing threat of data breaches and payment fraud. As cybercriminals continue to evolve their tactics, businesses must prioritize strong cybersecurity measures to mitigate these risks. This is where the PCI DSS comes into play.

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

The Fintech Times

MARCH 31, 2025

To provide insurance to companies of all sizes against pricing risk at a time of unprecedented volatility in the raw materials market, ChAI , the AI-driven commodity intelligence company, has launched ChAI Protects. ChAI Protect is already utilised by large publicly traded firms and is underwritten by tier one, A-rated, underwriters.

Risk 64

Risk AI Underwriting Gateways 64

Finovate

APRIL 7, 2025

The investment will help AKUVO expand its cloud-native collections and credit risk solutions, enhancing efficiency and customer experience for banks, credit unions, and fintechs. Digital collections and credit risk platform AKUVO landed a new round of funding today. .

Credit Risk 59

Credit Risk Risk Management Risk Credit Union 59

VISTA InfoSec

DECEMBER 2, 2024

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill. The question isnt if, but when these threats will materialize.

Disaster Recovery 130

Disaster Recovery Risk Assessment Assessments Risk 130

VISTA InfoSec

DECEMBER 2, 2024

Risk management is at the heart of any effective disaster recovery (DR) plan or playbook. A proactive approach to risk management allows businesses to identify, assess, and mitigate these threats before they can bring operations to a standstill. The question isnt if, but when these threats will materialize.

Disaster Recovery 130

Disaster Recovery Risk Assessment Assessments Risk 130

Fintech Finance

FEBRUARY 17, 2025

Leveraging artificial intelligence (AI) technology, PhotonPay has further streamlined anti-money laundering (AML) and counter-terrorism financing (CFT) processes, enhanced its risk management system and effectively reduced financial crime risks. “Compliance is the foundation of trust in global payments.

Compliance 59

Compliance Payment Solutions Global Payments Risk 59

Finovate

APRIL 4, 2025

PromoComply – Montreal, Quebec – FEU 2025 : Offers technology that automates compliance for financial promotions, reducing legal risks, and enhancing transparency for consumers in real time. Photo by Luis Ruiz The post Finovate Global Canada: Mitigating Currency Volatility, Earning Banking Licenses, and More!

Mitigation 59

Mitigation Cross-Border Acquirers Security 59

Fintech Finance

DECEMBER 19, 2024

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The Featurespace business will become part of Visas Risk and Identity Solutions business unit.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

Fintech Finance

NOVEMBER 6, 2024

This enhanced service is designed to upgrade payment security, reduce the risk of fraud, and ensure the accuracy of transactions. CoP offers increased payment security, reduced risk of fraud, and enhanced accuracy by allowing users to verify the payee’s details before completing a transfer.

Payee 98

Payee Payment Security Security Regulatory Compliance 98

VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. For investors, companies with a solid cybersecurity framework may be lower-risk investments.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

Fintech Review

MARCH 25, 2025

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.” Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co

Risk 52

Risk Assessments Risk Management Blockchain 52

Fintech News

MARCH 28, 2025

SC GPT is expected to support over 70,000 employees globally by improving operations and productivity, tailoring sales and marketing efforts to drive revenue, advancing software engineering through automation, and enhancing the way risks are measured, managed, recorded, and reported.

Cross-Border 103

Cross-Border AI Mitigation Automation 103

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. Banks and cross-border payment service providers are especially at risk of being exploited for laundering proceeds from these crimes due to their transnational operations.

Money Laundering 111

Money Laundering Crime Risk Law Enforcement 111

Fintech Finance

JANUARY 9, 2025

Saving businesses from trading off between conversion, risk, and cost The complexity of payment management still holds businesses back from reaching their ambitions. Balancing risk management, driving conversion, and minimizing cost has always required ineffective compromises until now said Carlo Bruno, VP of Product at Adyen.

AI 98

AI Transactions Payment Solutions Payments 98

VISTA InfoSec

OCTOBER 25, 2023

Welcome to our comprehensive guide on ‘Conducting an ISO 27001 Risk Assessment’. This blog is designed to equip you with effective strategies for a successful risk assessment, incorporating the principles of ISO 31000 risk management. Let’s enhance your risk assessment!

Risk Assessment 130

Risk Assessment ISOs Assessments Risk 130

The Payments Association

FEBRUARY 10, 2025

While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Including structured data would help PSPs monitor and mitigate financial crime risks.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech News

JULY 1, 2024

Singapore has released its updated Terrorism Financing National Risk Assessment (TF NRA) and National Strategy for Countering the Financing of Terrorism (CFT) to address terrorism threats. The country also collaborates with the private sector and academic institutions to enhance its understanding of these risks.

Risk Assessment 114

Risk Assessment Assessments Risk Finance 114

The Payments Association

FEBRUARY 14, 2025

With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks. Firms must ensure robust trust arrangements and clear segregation of customer funds to minimize financial risk. The FCA sees industry collaboration as critical.

Stablecoins 88

Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. Data leakage, model biases, and a lack of transparency in AI decision-making are just a few of the potential privacy risks that must be considered. What is this article about?

Privacy 88

Privacy Payment Security AI Security 88

Fintech News

NOVEMBER 27, 2024

Global verification provider Sumsub has partnered Elliptic, a cryptoasset risk management firm, to bolster its crypto transaction monitoring and Travel Rule solutions. Sumsub’s own Identity Fraud Report 2024 indicates that crypto is a high-risk industry for fraud. said James Smith, Co-founder of Elliptic.

Crime 111

Crime Financial Crimes Travel Rule Blockchain 111

The Finance Weekly

OCTOBER 15, 2023

This article can help CFOs see the exciting opportunities of Generative AI, while also understanding the risks involved. This improves forecasting and helps in , managing risks better , leading to better choices. Algorithmic Bias: Mitigate biases in AI algorithms to ensure fair decision-making in financial processes.

AI 130

AI Risk Data Security Automation 130

Fintech News

MARCH 11, 2025

The newly formalised group operates under Visa’s Payment Ecosystem Risk and Control (PERC) division and prevented more than US$350 million in attempted scams in 2024. The Visa Scam Disruption (VSD) team employs a three-pronged approach to scam mitigation: scam intelligence, proactive investigations, and detection and disruption.

Scams 106

Scams Blocks Law Enforcement Laws 106

VISTA InfoSec

OCTOBER 21, 2024

As financial institutions increasingly rely on digital infrastructure to enhance operations, customer experience, and security, they also face growing challenges in mitigating the risks that come with it, such as cyber threats, system failures, and other operational vulnerabilities.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

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. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability. Why is it important?

Crime 88

Crime Risk Assessment Fraud Prevention Due Diligence 88

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 107

Money Laundering Risk Crime Law Enforcement 107

Fintech Finance

DECEMBER 11, 2024

Through regular Innovation Days, Armalytix continues to develop features like Large Items Insights, which helps identify and mitigate potential financial risks more effectively. Tailored training and a collaborative approach were crucial to the partnerships success.

Laws 98

Laws Transactions FinTech Legal 98

VISTA InfoSec

MAY 24, 2024

Benefits of PCI DSS compliance for a small business: Enhanced Security reduces the risk of data breaches, fraud, and unauthorized access to sensitive cardholder data. It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Fintech News

JUNE 12, 2024

The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have developed a blueprint – Project Viridis – a climate risk platform aimed at helping financial authorities identify, monitor, and manage climate risks in the financial system.

Authorization 110

Authorization Risk Assessments Central Bank 110

Fintech Finance

OCTOBER 7, 2024

The Supplier Stability in Operational Resilience Report highlights that over 32% of the organisations surveyed are unclear about who is responsible for mitigating the risks of supplier failure, service deterioration, and concentration risk for Software as a Service (SaaS) solutions. While 70.1%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

FloQast

SEPTEMBER 18, 2024

The Strategic Shift: From Compliance to Risk Orchestration FloQast’s survey uncovered a pretty notable opportunity in the compliance landscape. While a significant 47% of compliance professionals are focused on reducing administrative demands, only 16% are exploring strategic risk orchestration. You know what’s the best defense?

Compliance 103

Compliance Risk Risk Management On-Demand 103

Finovate

DECEMBER 18, 2024

Hexagate’s security solutions detect and mitigate real-time threats, including cyber exploits, hacks, and governance and financial risks to help chains, protocols, asset managers, and exchanges keep their funds secure. Blockchain data platform Chainalysis has acquired web3 security solutions provider Hexagate this week.

Acquirers 101

Acquirers Security Blockchain Stablecoins 101

Fintech News

APRIL 2, 2025

Hart has also advised both scale-ups and large enterprises on cybersecurity and risk mitigation. His vast experience in cybersecurity and deep understanding of risk management in the fintech and banking sectors will be instrumental in strengthening our security standards.

Cybersecurity 84

Cybersecurity Risk Mitigation Regulatory Compliance Risk Management 84

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

Finextra

MARCH 5, 2025

With work on quantum computing gaining momentum, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has issued guidance to help the payment card industry mitigate risks posed by the technology.

FS-ISAC 83

FS-ISAC Risk Mitigation Payments 83

Fintech Finance

DECEMBER 16, 2024

Uncompromised Security and Trust: Integrating ABN AMROs financial infrastructure with Twos secure technology ensures reliable, risk-mitigated transactions. Streamlined, Scalable Processes: Designed to minimise administrative work, the solution can adapt to businesses of all sizes, from SMEs to large corporations.

B2B 98

B2B FinTech Risk Mitigation Payments 98

Bank Automation

AUGUST 21, 2024

Financial institutions are looking to AI and generative AI to mitigate the rising risk of cyberattacks as fraudsters take advantage of the technology.

Cybersecurity 132

Cybersecurity AI Mitigation Risk 132