Basis Theory

JULY 2, 2024

Despite the payment process remaining consistent, nuances exist for high-risk merchants that use high-risk payment processors. The blog has more details!

Processors 88

Processors Risk Payments Process 88

Finextra

NOVEMBER 20, 2024

The Financial Services Regulatory Authority (FSRA) of ADGM has published its Information Technology (IT) Risk Management Guidance (Guidance), providing a comprehensive and holistic framework for managing technology risks in ADGM's financial sector.

Risk Management 52

Risk Management Risk Technology Risk Authorization 52

National Processing

APRIL 10, 2024

Don’t worry if your business is considered higher risk than other types of businesses. There are now secure and reliable payment solutions for high-risk merchants. If you get nothing else from […] The post Solutions for High-Risk Merchants appeared first on National Processing. That hasn’t always been the case.

Risk 88

Risk Payment Gateways Gateways Payment Solutions 88

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

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 Fintech Times

OCTOBER 18, 2024

Risk management is a necessity in fintech, as well as a legal obligation. The new fintech paradigm: balancing innovation and risk Fintech has shaken up the financial sector, but with this innovation comes a unique set of risks. Governance risks are tied to the company’s ability to comply with relevant laws and regulations.

Risk 106

Risk FinTech Risk Management Cybersecurity 106

Finextra

NOVEMBER 19, 2024

The expanded scope of risk management in banking Chief Risk Officers (CROs) must stay vigilant on c.

Risk 52

Risk Risk Management 52

Fintech Finance

OCTOBER 31, 2024

Across the globe, the dialogue about compliance and risk has changed and it has become increasingly challenging for emerging fintechs and bank sponsors to keep pace. The post Thredd Launches Suite of Enhanced Compliance and Risk Services appeared first on FF News | Fintech Finance.

Compliance 85

Compliance Risk Push-to-Card Scams 85

Fintech Finance

SEPTEMBER 6, 2024

BlueSnap , a global payment orchestration platform for leading B2B and B2C businesses, has appointed Bill Christensen as SVP, of Acquiring & Risk. He brings 20 years of experience in financial risk, electronic payments and credit cards to the role. Bill earned his Bachelor’s degree in Business from Hofstra University in New York.

Risk 101

Risk Acquirers Risk Management Underwriting 101

Fintech Review

OCTOBER 16, 2024

While the potential returns are attractive, the risks involved can be significant. At Fintech Review we explore yield farming and liquidity mining, analysing the rewards and inherent risks associated with these strategies. One of the biggest risks is smart contract vulnerabilities. Market volatility is another critical risk.

Assessments 98

Assessments Risk Returns Audit 98

Fintech News

OCTOBER 15, 2024

OKX, a global cryptocurrency exchange and onchain technology company, has named Yuri Mushkin as its Global Chief Risk Officer. Yuri Mushkin Based in Singapore, Mushkin will oversee the company’s global risk strategy and lead its independent enterprise risk function, reporting to the CEO and Board of Directors.

Risk 94

Risk Risk Management Cryptocurrency Payments Institute 94

The Fintech Times

OCTOBER 31, 2024

LSEG Risk Intelligence , the compliance, risk management and fraud prevention solution provider, has launched two new products designed to enhance financial security and drive operational efficiencies across the globe.

Mitigation 57

Mitigation Risk Global Payments Deepfake 57

Bank Automation

SEPTEMBER 20, 2024

Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution. The bank implemented Alloy’s Identity Risk Solution in March 2022. With Alloy’s […] The post Grasshopper reduces manual reviews with Alloy risk solution appeared first on Bank Automation News.

Risk 80

Risk Embedded Finance Risk Management Automation 80

Basis Theory

JUNE 25, 2024

Any electronic payment comes with inherent risk: the customer might be using a fraudulent card, forgotten they’ve overspent their credit limit, or end up firing up a chargeback in an instance of friendly fraud.

Risk 88

Risk Credit Limit Payments Transactions 88

National Processing

APRIL 3, 2024

Are you dealing with the challenges of high-risk merchant processing? We will get into reasons for those changes and give you plenty of insights on how best to handle merchant processing in high-risk industries. Let’s […] The post The Evolution of High-Risk Merchant Processing appeared first on National Processing.

Risk 88

Risk Process Posting Small Business 88

Fintech News

NOVEMBER 17, 2024

This forum, comprising representatives from Asia Pacific financial regulators and cloud service providers, convenes twice a year to discuss best practices for managing cloud risks in the financial sector. This exercise comes at a time of heightened awareness surrounding the potential for widespread disruption from technology failures.

Risk 88

Risk Best Practices APACS Authorization 88

Finextra

APRIL 10, 2024

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

Risk 122

Risk Risk Management 122

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. Simona Covaliu, Chief Risk Officer comments: “I’m excited to be taking on a new challenge at PayU GPO.

Risk 96

Risk Privacy Compliance Regulatory Compliance 96

The Fintech Times

NOVEMBER 17, 2024

A new partnership has been announced between LexisNexis Risk Solutions , the insurance data and advanced analytics provider, and TransUnion , the global information and insights company, to offer TransUnion’s Affordability Report to UK insurance providers.

Risk 59

Risk Finance Assessments Product 59

Basis Theory

JUNE 18, 2024

The card networks and payment gateways designate high-risk merchants as less safe than their normal clientele because of evidence like high chargeback rates (above 1%) or guilt by association—being in an industry associated with risk, like gambling, cannabis, and, surprisingly, e-commerce. Return to Top

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Risk Payment Gateways Gateways 88

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 101

Compliance Risk Risk Management On-Demand 101

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 101

Risk Assessment Assessments Risk Finance 101

Finextra

SEPTEMBER 22, 2024

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

Risk Management 124

Risk Management Stablecoins PayPal Blockchain 124

Finextra

OCTOBER 30, 2024

LSEG Risk Intelligence, a leader in compliance, risk management and fraud prevention solutions, has announced the launch of two innovative products designed to enhance financial security and drive operational efficiencies on a global scale.

Risk 52

Risk Verification Fraud Prevention Risk Management 52

Finextra

NOVEMBER 19, 2024

TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce that Blue Riband Group, a global long/short equity investment manager, has selected TS One’s Risk Module and Portfolio Risk Management.

Risk Management 52

Risk Management Risk 52

Clearly Payments

OCTOBER 25, 2024

Some businesses are labeled as “high-risk” by payment processors and banks, which complicates things. In this article, we’ll break down what high-risk payment processing is, how it works, and how businesses in this category can manage it. What Is High-Risk Payment Processing? What Makes a Business High-Risk?

Risk 52

Risk Accounts Processors Disputes 52

The Payments Association

SEPTEMBER 16, 2024

The FCA's latest guidance proposes a risk-based approach allowing payment service providers to delay outgoing payments to combat APP fraud, balancing fraud prevention with consumer protection. Read more

Risk 88

Risk Fraud Prevention Consumer Protection Payments 88

National Processing

APRIL 24, 2024

With that in mind, we want to provide you as many ways as possible to help you strengthen your business because that helps relieve some financial pressures of high-risk payment processing. Here is some of […] The post 22 Insights for Building a Resilient High-Risk Business appeared first on National Processing.

Risk 88

Risk Process Posting Payments 88

The Nilson Report

SEPTEMBER 23, 2024

The post G2 Risk Solutions Unveils Single-Platform Solution for Integrating Merchant Risk Management appeared first on Nilson Report.

Risk Management 52

Risk Management Risk Posting 52

Stax

JANUARY 8, 2024

However, several complex types of risks come along with this. As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. could also be classified as operational risks. Let’s get started.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Payments Dive

JUNE 5, 2023

Central bank digital currencies, which are being tested around the world, could increase the efficiency of cross-border payments, but there are associated risks, according to a trade group report.

Risk 109

Risk Cross-Border Payments Cross-Border Digital Currency 109

The Payments Association

MAY 13, 2024

Digital wallets are rapidly evolving, increasingly centralising essential personal functionalities like payments, identity verification, and data control, highlighting both immense potential and significant risks. Read more

Risk 100

Risk Verification Payments Digital Currency 100