PYMNTS

OCTOBER 30, 2020

Strategic sourcing will also be key for organizations looking to outsource more work to contractors and third-party vendors, while risk mitigation, said Allis, will increasingly involve analysis of organizations' environmental and safety policies and procedures.

Risk 73

Risk Third Party Vendors Risk Management Risk Mitigation 73

FICO

FEBRUARY 24, 2016

I’m offering 10 tips — things most vendors won’t tell you that are absolutely critical to selecting the right system. Can the selected vendor? Is there a third-party vendor that can get at your data and provide it to your new vendor? No matter which vendor you choose, you will go through the exercise.

Third Party Vendors 40

Third Party Vendors Mitigation Posting 40

The Fintech Times

JUNE 20, 2024

So what can firms do to better mitigate this risk? Mitigating security gaps Despite tightening regulations, financial firms still encounter multiple cybersecurity blind spots. For banks, a successful cyber-attack can bring about monumental financial losses.

Risk 59

Risk Cybersecurity Data Breach Ransomware 59

PYMNTS

NOVEMBER 15, 2018

“The third-party ecosystem is an ideal environment for cybercriminals looking to infiltrate an organization, and the risk only grows as these networks become larger and more complex,” said Dov Goldman, VP of innovation and alliances at Opus, in the press release. “To

Data Breach 78

Data Breach Breach Risk Risk Management 78

Finovate

OCTOBER 16, 2024

To keep up with availability requirements, banks can adopt automated processing systems, use cloud-based solutions to keep their operations scalable, and partner with third-party vendors who offer 24/7 payment support. Fortunately, there are ways to mitigate such mistakes.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

PYMNTS

SEPTEMBER 30, 2019

Rather, it comes in the form of how that organization connects to its customers, business partners and suppliers — all third parties over which an organization has no control. This is precisely the threat Zscaler targets with its latest rollout, Zscaler B2B.

Cybersecurity 57

Cybersecurity Third Party Vendors Compromise End User 57

PYMNTS

MAY 15, 2017

The challenge thus has become one where cybersecurity is not just centered on what must be done internally to protect a company and its customers, said Woodbury, but also to determine how third-party interaction with data is regulated. .

Cybersecurity 43

Cybersecurity Risk Disaster Recovery Risk Management 43

Core

MARCH 19, 2024

3 Prevalent Types of Government Payment Fraud Government fraud detection and prevention begins with understanding the primary ways in which payment fraud occurs: vendor payments, payroll, and procurement.

Fraud Detection 52

Fraud Detection Government Governance Compliance 52

Nanonets

MARCH 22, 2023

Organizations dealing with sensitive financial data may be hesitant to use a third-party vendor for their AP processes. Lower errors and better fraud mitigation Apart from streamlining invoices, accounts payable outsourcing companies also reduce the incidence of errors in invoices.

Accounts 52

Accounts Duplicate Automation Privacy 52

Nanonets

SEPTEMBER 22, 2023

In today's competitive business landscape, optimizing operations and effectively managing relationships with external vendors are key priorities for any organization.  Key Takeaways: Vendor management solutions streamline business processes and improve vendor relationships.

Automation 52

Automation Compliance Process Risk 52

Nanonets

MAY 31, 2023

The operation of any business hinges on the procurement of essential goods and services from third party vendors.  While It can also enhance compliance to company/external policies and mitigate supply chain risks, corporate risks, and fraud.

Process 52

Process Automation Product Third Party Vendors 52

CB Insights

JUNE 6, 2019

Unlockd’s demise should serve as warning to other online advertising startups of the perils of relying solely on Google, and a reminder that third-party ad mediation platforms may be worth considering to mitigate some of the potential risk of relying on a single provider. Founded: 2013. Declared Bankruptcy: 2018.

Breach 78

Breach On-Demand Product Online and Mobile Banking 78

CB Insights

JULY 23, 2020

It’s assumed that lasting contact and interaction was the main reason for the spread, underscoring the importance of social distancing between employees as a primary risk mitigation strategy in reopened offices. By doing so, Tessian is able to mitigate the likelihood of sensitive or confidential data being sent to the wrong individual.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

Fintech News

APRIL 21, 2025

The Monetary Authority of Singapore (MAS) has reiterated that financial institutions must ensure stringent cybersecurity measures are in place across their third-party vendors, following concerns about vendors becoming potential weak points.

Cybersecurity 113

Cybersecurity Third Party Vendors Third-Party Service Provider Ransomware 113

The Fintech Times

MARCH 1, 2025

He says says that while IT failures may stem from a range of issues technical glitches, third-party vendor failures, or traffic spikes banks should be doing more to catch them early. Communicate more Reena Sewraz, retail editor at consumer group Which?

Third Party Vendors 69

Third Party Vendors Treasury Fraud Detection FinTech 69

The Payments Association

APRIL 14, 2025

Understanding whats coming allows payments firms to mitigate risk, meet compliance obligations, and capitalise on strategic opportunities in a shifting regulatory environment. Evaluate how the proposed fee caps may affect your organisation’s revenue and cost structures, and develop strategies to mitigate potential financial impacts.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88