The Paypers

JULY 24, 2024

Clearspeed , a provider of voice analytics technology for large-scale risk assessment, has partnered with Deloitte's US government and public services practice.

Risk Assessment 36

Risk Assessment Assessments Risk Government 36

Finextra

NOVEMBER 7, 2024

Modern credit risk management now leans significantly on predictive modelling, moving far beyond tra.

Credit Risk 59

Credit Risk Risk Assessment Risk Assessments 59

Finextra

MAY 28, 2024

It’s no surprise to see cybersecurity holding its position as one of the Financial Services (FS) sec.

Risk Assessment 59

Risk Assessment Assessments Risk Cybersecurity 59

Payments Dive

APRIL 14, 2022

Mastercard's new partnership with the software provider is the latest in a string of added ties to fintechs aimed at expanding its payments and risk assessment tool offering.

Risk Management 109

Risk Management Visa Risk Risk Assessment 109

VISTA InfoSec

OCTOBER 21, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 152

Compliance Third-Party Service Provider Risk Assessment Audit 152

Finextra

APRIL 23, 2024

Fintech Galaxy, a leader in Open Banking and financial innovation, has launched innovative credit profiling capabilities in collaboration with Singaporean fintech company FinbotsAI using artificial intelligence models and aggregated Open Banking data.

Risk Assessment 52

Risk Assessment Assessments FinTech Risk 52

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

VISTA InfoSec

MARCH 6, 2024

Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 Risk Assessment Requires performing a risk assessment post-failure, to consider any further actions needed. Maintains the risk assessment step.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. It is essential to mitigate these risks to prevent potentially devastating impacts.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

Bank Automation

MARCH 18, 2024

This demand is driving a transformative shift towards leveraging Artificial Intelligence (AI) and automation to redefine credit and risk assessment strategies. In the dynamic world of financial services, the need for rapid and precise credit decisions has never been more crucial.

Credit Risk 83

Credit Risk Automation AI Risk 83

Fintech News

JUNE 12, 2024

It integrates an advanced cyber risk exposure scanning solution into the underwriting process. This technology enhances risk assessment by generating a real-time security posture score within a minute, allowing eligible small and medium-sized enterprises to obtain instant policy issuance in under 10 minutes.

Risk Assessment 89

Risk Assessment Assessments Cybersecurity Underwriting 89

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. Environmental crimes, such as illegal wildlife trafficking and illegal logging, generate an estimated US$110 billion to US$281 billion in criminal gains annually.

Money Laundering 111

Money Laundering Crime Risk Law Enforcement 111

Bank Automation

FEBRUARY 29, 2024

based company’s hardware can increase the accuracy in statistical modeling, speeding processes like trading activities and risk assessment by 15% to 20%, Annika Moslein, technical project manager at Quantum Dice, told Bank Automation News Feb. […] The Oxford, U.K.-based

Risk Assessment 78

Risk Assessment Assessments Automation Risk 78

Fintech News

JANUARY 16, 2024

Utilising advanced technology, Igloo’s Weather Index Insurance employs big data, real-time risk assessment, and automated claims management. This blockchain-based solution uses smart contracts to streamline claims processing.

Risk Assessment 121

Risk Assessment Database Blockchain Assessments 121

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. They not only uphold regulatory standards but also inform strategic decisions and protect stakeholders’ interests.

Compliance 97

Compliance Audit Risk Assessment Assessments 97

Bank Automation

MARCH 6, 2024

Neovest, a fintech for brokers and dealers, will now be able to help clients monitor portfolios, conduct risk assessments and send orders to their brokers, it stated in a March 1 release. “Neovest can enable clients to manage their […]

Risk Assessment 75

Risk Assessment Assessments Acquirers Risk 75

The Payments Association

DECEMBER 11, 2024

Machine learning enhances this approach by processing vast datasets to identify subtle patterns and predict fraudulent activities, making real-time anomaly detection and risk assessment possible. The most successful approaches will prioritise creating frictionless user experiences without compromising security.

Fraud Prevention 88

Fraud Prevention Risk Assessment Payments Account Takeovers 88

VISTA InfoSec

OCTOBER 21, 2024

These professionals can conduct a thorough risk assessment, identify vulnerabilities, and implement appropriate incident response measures. To stay ahead of cyber security threats, SMEs must adopt a proactive approach by conducting regular risk assessments and investing in effective cyber security solutions.

Security 130

Security Phishing Ransomware Risk Assessment 130

FICO

MARCH 25, 2020

By overcoming the information limitations of traditional scoring and utilizing the FICO Score to optimize risk assessment, Home Credit has created a successful credit scoring model and, in the process, provided lending to underserved consumers.”.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

JANUARY 15, 2021

With the rule, a decade of OCC guidance saying that the banks should work with risk assessment of individual customers is codified, rather than the alternative of making assumptions affecting whole categories of customers while working with services, capital or credit, the release stated. “As

OCC 86

OCC Office of the Comptroller of the Currency Rules Risk Assessment 86

Fintech News

NOVEMBER 6, 2024

The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely. These tools are also intended to reduce the risk of fraud and scams.

Compliance 94

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 94

Fintech News

MARCH 31, 2024

Loo Siew Yee Loo Siew Yee, Assistant Managing Director (Policy, Payments & Financial Crime), MAS, said, “COSMIC will enable FIs to warn each other of suspicious activities and make more informed risk assessments on a timely basis.

Financial Crimes 109

Financial Crimes Crime Money Laundering Law Enforcement 109

Fintech News

JANUARY 25, 2024

These AI-based solutions are designed to strengthen EY’s use of ServiceNow risk management offerings, with emphasis on ethical, transparent, and accountable business conduct. These services are anticipated to be available in the first quarter of 2024.

AI 119

AI Disputes Risk Management Risk Assessment 119

Fintech Finance

DECEMBER 6, 2024

The combined solutions protect the entire digital payments environment through identity verification and fraud risk assessment while preventing chargebacks through order validation and alerting services. Latin America has one of the highest fraud rates globally, with studies showing that merchants are losing upward of 4.6%

Visa 98

Visa Fraud Prevention Risk Assessment Payments 98

Fintech News

MAY 22, 2024

Arctic Intelligence (Australia) Headquartered in Sydney, Australia, Arctic Intelligence is a multi-award-winning regtech company specializing in financial crime risk assessment technologies. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 89

Financial Crimes Crime APACS Risk Assessment 89

Fintech News

MARCH 3, 2024

Cindy, who brings over three decades of experience in the compliance sector, will spearhead the company’s efforts in regulatory compliance, policy formulation and execution, risk assessment, and business advisory to support FOMO Group’s expanding operations. She has previously served as the Chief Control Officer at Bank J.

Compliance 109

Compliance AML Money Laundering Risk Assessment 109

PYMNTS

APRIL 10, 2020

The study is part of the larger Unlocking AI series by PYMNTS, examining how AI and other computational systems are being used to manage critical business functions, including payments, regulatory compliance, risk assessment and fraud protection.

AI 144

AI Fraud Detection Risk Assessment Regulatory Compliance 144

FICO

MARCH 8, 2021

The innovative risk management solution delivers value using a score and a smartphone – making it incredibly appealing to many companies. eDriving uses the FICO Safe Driving Score in its smartphone app to provide consistent and fair driver risks assessments. by Nikhil Behl.

Risk 98

Risk Risk Assessment Assessments Risk Management 98

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

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. Consequently, Singapore is closely monitoring the sector.

Money Laundering 109

Money Laundering Risk Crime Law Enforcement 109

Fintech News

MARCH 20, 2024

To flag suspicious user activity, our system is equipped with a range of fraud prevention tools including Identity Verification, Behavioural Intelligence, Device Fingerprinting, Fraud Risk Scoring, Deepfake Detection, Email and Phone Risk Assessment, and AI-based Event Monitoring.”

APACS 107

APACS Fraud Prevention Deepfake Account Takeovers 107

VISTA InfoSec

JULY 31, 2023

Assign Risk Rankings : Newly discovered security vulnerabilities should be assigned a risk ranking of “high,” “medium,” or “low,” and appropriate mitigation measures should be prioritized accordingly. Restrict Cardholder Data as Necessary: PCI DSS requires strict access control for payment card data.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

Fintech Finance

AUGUST 27, 2024

EURI will be available on the Ethereum and BNB Smart Chain blockchains and subject to transaction monitoring and risk assessments for fraud identification and general risk mitigation.

Stablecoins 116

Stablecoins Multi-Currency Regulations Risk Mitigation 116

PYMNTS

JANUARY 31, 2021

According to the release, FinTLV’s backers have included Clal insurance, Psagot investment house, Poalim Capital Markets, Ayalon insurance, MS&AD, FWD, Reale Mutua, LB, BDO Israel and Matrix.

FinTech 101

FinTech Risk Assessment Assessments Risk 101

PYMNTS

JUNE 15, 2020

GTreasury works to provide corporate treasurers with a clear, single-source picture of their payments, risks and finances in general through its Software-as-a-Service platform. Terry Beadle , GTreasury’s global head of Corporate Development, said the combination would prove valuable.

Global Payments 99

Global Payments Treasury Risk Assessment Treasury Management 99

Fintech Finance

AUGUST 2, 2024

By evaluating daily transactional data, it assigns personalized scores and ranks clients based on their behavior, helping financial institutions prioritize risks and identify emerging trends, thereby enhancing the accuracy of risk assessment.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94