The Fintech Times

OCTOBER 18, 2024

Risk management is a necessity in fintech, as well as a legal obligation. However, the depth and quality of this management can become a significant competitive advantage. This holistic approach ensures that risk management is aligned with business objectives.

Risk 87

Risk FinTech Risk Management Cybersecurity 87

Fintech Review

JULY 2, 2024

Machine learning algorithms continuously learn from data inputs, refining their analyses and predictions over time to stay ahead of evolving compliance challenges. Furthermore, AI enables proactive risk management by predicting potential compliance issues before they escalate.

Compliance 98

Compliance Regulatory Compliance AI Interoperability 98

Finovate

OCTOBER 2, 2024

The new Digital Trading Storefront is built on FIS’s Cross-Asset Trading and Risk Platform. The new tool supports both buy-side and sell-side strategies while helping firms manage trading volumes and mitigate regulatory compliance risks. ” FIS was founded in 1968.

Regulatory Compliance 59

Regulatory Compliance Payment APIs and Integration Mitigation Risk 59

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. The post Explore Regulatory Compliance Best Practices at FICO World appeared first on FICO.

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

Fintech Review

JUNE 12, 2024

IoT devices, such as smart home sensors and connected cars, provide real-time data that insurers can use for risk assessment and mitigation. Real-Time Monitoring and Prevention IoT devices enable real-time monitoring of insured assets, allowing for proactive risk management.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

The Fintech Times

AUGUST 10, 2024

Taishin Bank has partnered with OneDegree Global , a cybersecurity and risk management solutions company, to test and validate its artificial intelligence system, positioning itself as the first in Taiwan’s financial sector to establish a responsible AI framework.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform.

Transactions 109

Transactions Security Deepfake Travel Rule 109

Neopay

DECEMBER 6, 2023

Skilled person reviews are an integral component of the FCA’s regulatory toolkit, initiated to obtain an independent and expert assessment of a firm’s activities. These reviews play a crucial role in identifying potential risks, ensuring regulatory compliance, and safeguarding the integrity of financial markets.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

Fintech News

OCTOBER 21, 2024

Risk management, data analysis, and operations require the most adaptation due to DeFi, with circa 80% of respondents anticipating significant changes in these business areas and processes. Data management & privacy, and regulatory compliance are also significant issues that must be addressed closely.

Regulatory Compliance 59

Regulatory Compliance Finance Privacy Risk Management 59

Finovate

JULY 30, 2024

Texas-based Vantage Bank announced this week it has tapped financial risk control platform Cable to facilitate the bank’s compliance and risk management program. This partnership comes as Vantage Bank seeks to grow its fintech program and partnerships in today’s tightened regulatory environment.

Compliance 52

Compliance Risk Management Regulatory Compliance Financial Crimes 52

Fintech Finance

JULY 24, 2024

PayU GPO , the leading online payment service provider operating in over 50+ emerging markets, today announces the appointment of Simona Covaliu as Chief Risk Officer.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

Seon

SEPTEMBER 20, 2024

SEON recently brought together industry leaders from the online lending space to discuss the evolving landscape of fraud prevention and risk management. Achieving this balance is critical to satisfying customers without undermining risk management strategies. Regulatory compliance adds another layer of complexity.

Risk 52

Risk Fraud Prevention Deepfake Risk Management 52

Fintech Finance

JUNE 14, 2024

Having spent over three decades in this space, Arash will leverage his extensive industry knowledge and deep risk management expertise in his new role to grow Payzli’s high-risk channel and ensure the company maintains the highest security standards and regulatory compliance.

Regulatory Compliance 98

Regulatory Compliance Risk Compliance Advisors 98

Fi911

FEBRUARY 29, 2024

The Importance of a VAR Sheet for Banks For banks, the VAR Sheet holds particular significance, offering a multitude of benefits: Risk Management: By detailing security measures and compliance protocols, the VAR sheet helps banks mitigate the risk of fraud and data breaches associated with payment processing.

VARS 68

VARS Payment APIs and Integration Regulatory Compliance Gateways 68

Seon

JULY 10, 2024

In contrast, payment transaction monitoring ensures regulatory compliance and the proper processing of legitimate transactions. However, the two often overlap, as both contribute to an organization’s overall risk management and compliance efforts. What is fraud risk monitoring?

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

M2P Fintech

JANUARY 3, 2024

If tech infrastructure is not managed effectively, it impacts scalability, security, reliability, and business continuity. Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Get in touch with our experts today.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

Finovate

JULY 29, 2024

MoR responsibilities can include payment processing, risk management, legal and financial responsibility, tax compliance, customer service and support, and fraud prevention. The fintech, which has been processing payments on Stripe since it was founded, serves as an MoR.

Acquirers 59

Acquirers Regulatory Compliance Cross-Border Fraud Prevention 59

FloQast

JANUARY 2, 2024

Businesses that navigate the ever-changing risk management landscape are the ones that will be most likely to succeed. PWC’s 2022 Global Risk Survey reveals that organizations embracing risk management as a strategic organizational capability are twice as likely to expect revenue growth of 11% or more in the following year.

Risk Management 52

Risk Management ISOs Risk Mitigation 52

Finovate

AUGUST 29, 2024

Features Offers workflow optimization and protection Improves client retention and business development Delivers digital transformation and regulatory compliance Who’s it for? Sei Sei builds AI agents for risk and compliance teams to automate complex tasks. Credit unions. Banks, credit unions, and tech vendors.

Credit Union 52

Credit Union ISO 20022 ISOs Compliance 52

Fintech Review

JANUARY 24, 2024

One might argue that the rigorous processes banks employ in assessing loan applications reflect a diligent risk management approach. The efficiency of the loan process also hinges on the banks’ ability to manage their resources. However, the efficiency of bank lending is often debated. The post Are banks good at lending?

Risk Management 105

Risk Management Assessments Small Business Innovation 105

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Neopay

AUGUST 5, 2024

Understanding risk management is also a crucial part of the training. This involves identifying and mitigating risks associated with safeguarding and understanding potential threats and vulnerabilities to client assets and data.

Compliance 52

Compliance Procedures Audit Risk Management 52

The Fintech Times

APRIL 4, 2024

A new study by CybSafe , the human risk management platform, has found that 23 per cent of US and UK consumers have said that a bank’s approach to cybersecurity is a factor when they consider opening an account. The post CybSafe Reveals Importance and Use of Cyber Training for Customers appeared first on The Fintech Times.

Cybersecurity 53

Cybersecurity Data Breach Breach Scams 53

VISTA InfoSec

JUNE 3, 2024

NESA compliance: Standards set by the National Electronic Security Authority in the UAE. CCPA compliance: California Consumer Privacy Act, focusing on consumer rights and data protection. MAS-TRM compliance: Technology risk management guidelines by the Monetary Authority of Singapore.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech Finance

JANUARY 30, 2024

“In developing the Fraud & Error Prevention Suite, AccessPay’s aim was to help businesses take a proactive approach to fraud and risk management,” states Anish Kapoor, CEO of AccessPay.

Payee 52

Payee Money Laundering Non-Bank Checks 52

Nanonets

APRIL 29, 2024

Regulatory Compliance : Compliance with regulatory standards such as GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) is non-negotiable for businesses. Risk Management : Accurate and timely reconciliation is critical for effective risk management.

Reconciliation 52

Reconciliation Payment APIs and Integration Regulatory Compliance Compliance 52

The Fintech Times

SEPTEMBER 14, 2024

She explains while AI can streamline compliance processes and save compliance teams time to spend elsewhere, firms need to be careful about how they implement it. “This improves customer due diligence by concurrently cross-referencing many databases to verify identities with potential clients and any risks associated with them.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

Fi911

JANUARY 31, 2024

Redefining Risk Management Machine learning models can swiftly process massive datasets in real-time, identifying unusual transactions or behavioral patterns indicative of fraudulent activity. They can leverage AI algorithms to analyze individual financial histories, spending patterns, and future goals.

AI 88

AI MFA Regulatory Compliance Best Practices 88

Neopay

MARCH 4, 2024

Therefore, prioritising compliance, risk management, and ethical conduct is essential to mitigate the risk of regulatory scrutiny. For firms operating in the financial services sector, being publicly named as subjects of investigation can have significant reputational and business implications.

Compliance 52

Compliance Mitigation Risk Mitigation Regulatory Compliance 52

Segpay

OCTOBER 18, 2023

By partnering with a payment processor that offers risk management as a value-added service, merchants can focus on their core business: selling their products and/or services. Merchants must have effective compliance programs to prevent transaction laundering, protect their brand and reputation, and ensure regulatory compliance.

Transactions 52

Transactions Due Diligence Money Laundering Legal 52

Finovate

APRIL 10, 2024

Banks need to ensure that their partners comply with data protection regulations and stay up-to-date on regulatory changes. To reduce these issues, banks should have risk management processes in place and regularly check in with their partners.

Due Diligence 52

Due Diligence Privacy Compliance Regulatory Compliance 52

Fintech News

MAY 5, 2024

This local presence does wonders, from ensuring that Oradian is smoothly aligned with local regulatory compliance, to enabling easily accessible customer support and community engagement.

Financial Inclusion 111

Financial Inclusion Underserved Regulatory Compliance Disaster Recovery 111

Neopay

FEBRUARY 27, 2024

At the heart of the managed service is a commitment to streamlining operations and enhancing efficiency. By offering modules covering compliance, risk management, customer service, financial reporting, and more, we empower firms to focus on their core business innovations and growth.

FinTech 59

FinTech Compliance Audit Risk Management 59

Fintech Finance

AUGUST 2, 2024

The solution integrates seamlessly with financial systems, providing real-time alerts, customizable rule engines, and robust data management for effective transaction validation and risk management. AML Screening : Sanctions and watchlist screening, transaction pattern analysis for detecting money laundering activities.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

SEPTEMBER 25, 2019

Industry players will continue to face tighter regulations, but according to Kim Wales, founder and CEO of CrowdBureau , a company that aggregates marketplace lending industry data to establish performance and risk management benchmarks, operating within the confines of the law is a complicated task for this sector.

Compliance 47

Compliance P2P Risk Management Regulatory Compliance 47

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Regulatory Compliance 52

Regulatory Compliance Financial Inclusion Risk Management Consulting 52

Neopay

MARCH 7, 2024

How Neopay can help In light of the FCA’s warning, Neopay stands ready to assist payment firms in strengthening their AML frameworks and ensuring compliance with regulatory requirements.

AML 52

AML Financial Crimes Crime Risk Assessment 52