Neopay

DECEMBER 20, 2023

In the case of customers identified as domestic PEPs or having close associations with domestic PEPs, the initial risk assessment will consider them to present a lower level of risk compared to non-domestic PEPs. The post Amended Money Laundering Regulations 2017 bring changes in PEP risk assessment appeared first on Neopay.

Risk Assessment 52

Risk Assessment Money Laundering Assessments Regulations 52

The Paypers

FEBRUARY 12, 2024

The US Department of the Treasury has published the 2024 National Risk Assessments on money laundering, terrorist financing, and proliferation financing.

Risk Assessment 36

Risk Assessment Assessments Treasury Risk 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

PYMNTS

MARCH 10, 2020

Inaccurate and slow credit risk assessment for [small- to medium-sized business (SMB)] commercial loan requests is one of the major reasons that over 50 [percent] of loans are currently declined by financial institutions (FIs),” said Roger Vincent, chief innovation officer at Trade Ledger.

Risk Assessment 52

Risk Assessment Assessments Risk Underwriting 52

The Paypers

FEBRUARY 9, 2023

UK-based Shufti Pro has augmented customer verification with the launch of risk assessment and eIDV services, helping tackle identity fraud and meet KYC/AML regulations.

Risk Assessment 36

Risk Assessment Assessments Risk AML 36

CB Insights

AUGUST 12, 2021

Moody’s , an integrated risk assessment firm, has acquired RMS , a risk management solutions provider, for $2B. RMS: California-based RMS is a provider of climate and natural disaster risk modeling and analytics. The company has over 400 risk models that cover 120 countries. Who are the parties to the deal?

Risk Assessment 66

Risk Assessment Assessments Risk Acquirers 66

Fintech Finance

OCTOBER 24, 2024

Set to go live in early 2025, this premiere payments solution will integrate Plaid’s instant account verification (IAV) and network-powered risk assessment capabilities into Dwolla’s pay by bank platform.

Risk Assessment 101

Risk Assessment Payment APIs and Integration Verification Assessments 101

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

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

The Paypers

JULY 1, 2022

US-based Clear Capital has launched two APIs, Property Valuation API and Risk Assessment API to help lenders, system providers adopt modern property valuation solutions.

Risk Assessment 31

Risk Assessment Assessments API Risk 31

The Paypers

MARCH 15, 2022

Wolters Kluwer and NYDIG has launched Bitcoin Risk Assessment – NYDIG Clients to provide regulatory assessments for financial institutions looking to offer their customers access to Bitcoin services provided by NYDIG.

Risk Assessment 31

Risk Assessment Assessments Bitcoin Risk 31

The Paypers

APRIL 26, 2022

Netherlands-based fintech Actuary has partnered with Mastercard to support acquiring entities across the travel sector with a data-led risk assessment tool.

Risk Assessment 28

Risk Assessment Assessments Visa Risk 28

PYMNTS

NOVEMBER 13, 2017

That data is not only leveraged by Emailage to make a risk assessment, but also passed back to the merchant or FI to leverage as well. Until now, merchants and FIs were only receiving the assessment, not the underlying data. The phone data is now being passed back to the Emailage customer along with the assessment.

Risk Assessment 40

Risk Assessment Assessments Risk Verification 40

The Paypers

JULY 23, 2020

Accuity and Encompass Corporation have announced a strategic partnership to help customers streamline KYC processes, facilitate the quality of risk assessments, and reduce the costs of compliance.

Risk Assessment 28

Risk Assessment Assessments Risk Facilitators 28

The Paypers

MAY 24, 2019

(The Paypers) Digital Element has announced that NS8 will incorporate a number of its NetAcuity datasets to facilitate risk-assessment solutions for online businesses.

Risk Assessment 28

Risk Assessment Assessments Risk Facilitators 28

The Paypers

DECEMBER 6, 2018

(The Paypers) IdentityMind has announced a protection tool for financial institutions with virtual currency risk assessment in the wake of OFAC action against sanctioned Iranians using Bitcoin.

Risk Assessment 28

Risk Assessment Assessments OFAC Risk 28

PYMNTS

JUNE 18, 2018

Emailage , the online fraud prevention startup that uses email addresses to assess risk, announced this week that it’s expanding its geographical footprint and establishing new offices in regions of interest, which has included strategic hires and reappointments.

Risk Assessment 51

Risk Assessment Assessments Risk APACS 51

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 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

The Paypers

APRIL 26, 2017

(The Paypers) BeCyberSure has launched a comprehensive GDPR Risk Assessment, focusing on people, policies, physical and digital vulnerabilities.

Risk Assessment 28

Risk Assessment Assessments Risk 28

PYMNTS

JUNE 23, 2017

As part of LexisNexis Risk Solutions’ “Ask the Small Business Experts” series, Head of Small Business Risk Management Ben Cutler interviewed Cortera CEO Jim Swift about the role trade credit data plays in risk assessment.

Risk Assessment 54

Risk Assessment Assessments B2B Risk 54

The Paypers

MAY 21, 2018

(The Paypers) Risk assessment can be turned into an engaging experience for financial institutions. Gino Wirthensohn, Riskifier , tells us about risk profiling, MiFID II regulations, and investments.

Risk Assessment 28

Risk Assessment Assessments Risk Regulations 28

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

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

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 77

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 77

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

The Paypers

OCTOBER 7, 2020

Computer Services, a provider of end-to-end fintech and regtech solutions, has partnered with Arctic Intelligence to launch WatchDOG ERM and AML Accelerate powered by Arctic Intelligence.

Risk Assessment 44

Risk Assessment Assessments AML Risk 44

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

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

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 67

Checks Risk Assessment Security Payment APIs and Integration 67

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

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

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

The Paypers

SEPTEMBER 23, 2024

Boshhh has partnered with Yapily to introduce Boshhh.io, a new platform designed to enhance affordability and risk assessment reporting for the financial services and legal sectors.

Risk Assessment 41

Risk Assessment Assessments Legal AI 41

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 79

Risk Assessment Assessments Cybersecurity Underwriting 79

The Fintech Times

JULY 31, 2024

“One of the most meaningful ways we protect our customers and their homes is to work with them to understand and mitigate risk,” said Rebecca L. .” ” With ZestyAI models, carriers are able to move from territory-based segmentation to a property-by-property risk assessment.

Risk 57

Risk AI Risk Assessment Assessments 57

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

Innovative Payments Association

AUGUST 29, 2024

Conduct a Risk Assessment Before building a compliance program, businesses should conduct a thorough risk assessment to identify potential compliance risks. This includes assessing the risk of money laundering, financial crime, and regulatory violations.

Cannabis Banking 52

Cannabis Banking Boot Camp Compliance Money Laundering 52