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

Fi911

FEBRUARY 14, 2024

Payment processors and acquiring banks employ this risk management strategy to safeguard against potential losses associated with a merchant’s transactions. The post Merchant Account Reserves: A Strategic Risk Management Tool for Banks appeared first on fi911blog. Why Do Acquirers Mandate Account Reserves?

Risk Management 96

Risk Management Risk Accounts Processors 96

VISTA InfoSec

JUNE 26, 2024

For investors, companies with strong cybersecurity appear as lower-risk investments because they can protect their assets and maintain operational continuity. Companies with strong cybersecurity risk management have the resilience to maintain business continuity.

Cybersecurity 256

Cybersecurity Due Diligence Security Risk Management 256

The Paypers

AUGUST 19, 2024

Chaos Labs has secured USD 55 million in a Series A funding round to upgrade its on-chain risk management platform for decentralized finance (DeFi).

Risk Management 75

Risk Management Risk Security Finance 75

The Paypers

OCTOBER 24, 2024

Ingo Payments and Sardine have partnered to offer instant, risk-managed account funding via card and ACH, with the added option of a zero-liability fraud guarantee.

Risk Management 68

Risk Management Risk Accounts ACH 68

Finextra

MAY 12, 2024

Banks are accelerating green lending and investing initiatives as they march towards realizing their.

Risk Management 105

Risk Management Risk 105

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 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

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.

Risk 105

Risk Acquirers Risk Management Underwriting 105

Finextra

SEPTEMBER 16, 2024

Citigroup is stripping chief operating officer Anand Selva of his responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.

Risk Management 124

Risk Management Compliance Addressing Governance 124

Fintech News

JANUARY 29, 2024

ADVANCE.AI, a provider of digital identity verification and risk management solutions in Southeast Asia, has announced the appointment of Dennis Martin as the CEO of its credit reporting business. His past roles include being the Managing Director at Experian Southeast Asia and Dun & Bradstreet New Zealand.

Risk Management 117

Risk Management Verification Risk AI 117

Fintech News

JANUARY 25, 2024

ServiceNow Gen AI to help EY risk management The alliance with EY involves ServiceNow offering solutions in generative AI (Gen AI) for compliance, governance, and risk management. These collaborations mark another noteworthy step in the integration of advanced AI technologies in compliance and financial services.

AI 119

AI Disputes Risk Management Risk Assessment 119

Fintech News

AUGUST 1, 2024

ADVANCE.AI, a provider of digital identity verification and risk management solutions in Southeast Asia, has expanded its capabilities in Singapore and Malaysia with an upgraded Know Your Business (KYB) service.

Due Diligence 116

Due Diligence Money Laundering AML Verification 116

Fintech Finance

OCTOBER 7, 2024

.” This lack of clarity raises the likelihood of inconsistencies across jurisdictions and organisations, creating critical gaps in risk management practices. of respondents reported mitigating risks through standard supplier management processes, only 14.3% While 70.1%

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

Fintech Finance

SEPTEMBER 18, 2024

ISO 27001 certification demonstrates that Tribe has implemented robust information security and risk management systems to protect information confidentiality, integrity, and availability in today’s evolving cyber landscape.

ISOs 98

ISOs Security Payment Security Payment APIs and Integration 98

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 108

Risk FinTech Risk Management Cybersecurity 108

Fintech News

APRIL 16, 2024

This collaboration aims to introduce AI-led credit risk management to KBZ Bank, enhancing its ability to assess creditworthiness across retail and SME products with greater accuracy and efficiency. KBZ Bank operates over 500 branches and serves approximately 40% of Myanmar’s retail and commercial banking sectors.

Credit Risk 117

Credit Risk Risk Management AI Assessments 117

The Fintech Times

JUNE 3, 2024

Better third-party risk management is needed The new research highlights the direct connection between a company’s cybersecurity strength and the security measures of its smallest vendors.

Third Party Vendors 111

Third Party Vendors Cybersecurity Breach Risk Management 111

Fintech News

OCTOBER 8, 2024

The purpose of these requirements is to address the risks of money laundering and terrorism financing, to which DTSPs may be particularly exposed due to their cross-border operations. Additionally, the proposed regulatory framework includes guidelines on technology risk management and cybersecurity.

Service Provider 102

Service Provider Due Diligence AML Money Laundering 102

Fintech News

OCTOBER 15, 2024

Mushkin previously worked at McKinsey Investment Office Partners, where he managed over US$20 billion across public and private markets. With over 20 years of experience in capital markets and risk management across traditional and digital assets, he has held senior positions at firms such as Goldman Sachs and McKinsey & Co.

Risk 107

Risk Risk Management Payments Institute Cryptocurrency 107

Finextra

SEPTEMBER 16, 2024

Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.

Risk Management 97

Risk Management Compliance Addressing Governance 97

Fintech Finance

JULY 23, 2024

Bank Advanced Receivables brings together the bank’s leading payment and risk management capabilities with Billtrust’s top AR technology to improve the intricate business-to-business (B2B) receivables process. A customized, secure credit application process eliminates slow manual exchange of information and improves risk management.

Automation 98

Automation Accounts Risk Management Treasury 98

Fintech News

FEBRUARY 21, 2024

To mitigate these quantum-related cybersecurity risks, MAS advises financial institutions to develop crypto-agility—the ability to transition from vulnerable cryptographic algorithms to PQC efficiently without significantly impacting their IT systems and infrastructure.

Third Party Vendors 113

Third Party Vendors Cybersecurity Mitigation Encryption 113

Fintech Finance

DECEMBER 20, 2024

The acquisiton will enable PayRetailers to gain direct access to Pix, a popular payment system in Brazil which lets users instantly transfer money in Brazilian real, strengthening its regulatory and risk management structure in Brazil, and expanding its opportunities in Open Banking.

Central Bank 91

Central Bank Best Practices Risk Management Payments Institute 91

The Payments Association

APRIL 24, 2024

ComplyAdvantage acquires Golden to enhance its AI-driven financial crime risk management solutions with advanced data integration capabilities Read more

Financial Crimes 88

Financial Crimes Crime Acquirers Risk Management 88

Open Banking Excellence

SEPTEMBER 25, 2024

As banks adapt to these transformative forces, attendees gain insights into innovative strategies, regulatory compliance, and customer-centric approaches that will define the future of banking.

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

Fintech Finance

OCTOBER 3, 2024

Numerated, the leading AI-driven commercial lending platform, today announced its partnership with Alloy, the identity risk management company trusted by over 600 leading banks, credit unions and fintech companies, to deliver best-in-class fraud checks within commercial lending.

Fraud Prevention 97

Fraud Prevention Risk Management Credit Union Automation 97

The Fintech Times

APRIL 15, 2024

This approach not only fine-tunes the assessment of credit risks but also customises financial products to meet individual requirements, balancing personalisation with risk management.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

Fintech News

APRIL 17, 2024

These roles will demand specialised knowledge, such as the ability to design enterprise-level sustainable finance strategies and implement sustainability risk management policies. A recent study by KPMG anticipates the ASEAN sustainable finance market could grow to S$4 to S$5 trillion over the next decade.

Finance 109

Finance Risk Management Authorization Risk 109

Fintech News

JUNE 11, 2024

The new project will test programmable payments, which use technology to automatically set transaction conditions for goods and services, offering a variety of applications with proper risk management processes.

Distributed Ledger Technology (DLT) 126

Distributed Ledger Technology (DLT) Bots Payments Risk Management 126

The Fintech Times

JANUARY 9, 2024

Trading members benefit from reduced counterparty and settlement risk and can enjoy capital efficiencies. This is made possible by the venue’s risk management process, flexibility, and capabilities to support frequent intra-day margining and settlement runs. Not to mention their focus on aligning closely with our needs.

Risk Management 106

Risk Management Settlement APACS Risk 106

Fintech News

OCTOBER 8, 2024

Dr Yanan Wu Dr Yanan Wu, CEO and Founder of Surfin, said, “Surfin’s vision has always been to build an ecosystem of financial technology services on top of our existing scalable and sustainable risk management system powered by AI and big data. in First External Funding Round appeared first on Fintech Singapore.

FinTech 118

FinTech Credit Cards Risk Management Payment Gateways 118

Fintech Finance

SEPTEMBER 25, 2024

With our strong focus on growing the Corpay brand and business globally, this partnership further solidifies Corpay’s position as the corporate payments and currency risk management company of choice within the Premier League, and we look forward to working with Everton during the coming season and beyond.”

Cross-Border 98

Cross-Border Risk Management Mitigation Agreements 98

Fintech News

JANUARY 9, 2024

This ecosystem is expected to address the needs of institutional investors, offering solutions like reduced risks in counterparty and settlement, and capital efficiencies through innovative risk management processes. said Chong Kok Kee, Chief Executive Officer of AsiaNext.

Risk Management 102

Risk Management On-Demand Risk Settlement 102

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. ISO 27001 offers various risk management options.

Risk Assessment 130

Risk Assessment ISOs Assessments Risk 130

Fintech News

NOVEMBER 3, 2024

GL1 will define control principles, develop specifications, and ensure “compliance by design” to align governance and risk management practices. MAS is expanding its Global Layer One (GL1) initiative to support cross-border transactions of tokenised assets.

CBDC 114

CBDC Settlement Digital Currency Cross-Border 114

Fintech News

NOVEMBER 3, 2024

UBS Asset Management has launched its first tokenised investment fund, the “UBS USD Money Market Investment Fund Token” (uMINT), built on Ethereum’s blockchain. This token offers investors access to institutional-grade cash management solutions backed by high-quality money market instruments within a conservative, risk-managed framework.

Blockchain 108

Blockchain Cross-Border APACS Cash Management 108