Fintech News

OCTOBER 8, 2024

The aim is to mitigate the risks associated with such businesses. The purpose of these requirements is to address the risks of money laundering and terrorism financing, to which DTSPs may be particularly exposed due to their cross-border operations.

Service Provider 95

Service Provider Due Diligence AML Money Laundering 95

Fintech News

FEBRUARY 21, 2024

However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk. Additionally, research into Quantum Key Distribution (QKD) technology is underway, aiming to create secure methods for distributing encryption keys.

Third Party Vendors 109

Third Party Vendors Cybersecurity Mitigation Encryption 109

The Fintech Times

DECEMBER 29, 2023

Emerging disruptive technologies, including artificial intelligence (AI), have continued to rise on the agenda for C-suite executives in the UK in the financial services industry over the last two years; according to a new study from Accenture , the IT services and consulting firm.

AI 59

AI Liquidity Risk Consulting Risk 59

Payments Source

APRIL 23, 2018

There are lots of layers technology risk-mitigation features, and in addition, network level mitigation is provided as well, writes Robb Gaynor, chief product officer at Malauzai.

Risk Mitigation 64

Risk Mitigation P2P Mitigation Technology Risk 64

VISTA InfoSec

JUNE 3, 2024

A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks. Regular training sessions and awareness programs can help users understand the risks associated with poor password management and the benefits of adhering to the organization’s password policy.

MFA 130

MFA Credential PCI DSS Compliance 130

Global Fintech & Digital Assets

NOVEMBER 7, 2023

The SFC notes the potential benefits of tokenisation, including increasing efficiency, enhancing transparency, reducing settlement time, and lowering costs for traditional finance, but also recognises that the use of DLT can create additional risks. through transfer restrictions or whitelisting).

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Security Settlement Risk 52

Fintech News

JANUARY 24, 2024

Furthermore, the MAS’s recent proposals, effective mid-2024, set stringent guidelines for DPT service providers, focusing on conflict-of-interest management, listing criteria, complaint handling, and customer risk awareness.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Stablecoins 98