The Fintech Times

MAY 5, 2024

Charles Pruzinsky , head of underwriting and sales at Resilience, also commented: “Resilience is the only company that connects data science, threat intelligence, and comprehensive cyber insurance to empower our clients to prioritise and improve their risk mitigation investments and priorities.

Risk Mitigation 69

Risk Mitigation Mitigation Risk Ransomware 69

Finovate

SEPTEMBER 4, 2024

Ncontracts has acquired Venminder, a third-party risk management SaaS platform, to enhance its governance, risk, and compliance services. The acquisition will broaden Ncontracts’ expertise in third-party risk management and strengthen its position in both SaaS and knowledge-as-a-service markets.

Risk Management 59

Risk Management Risk Due Diligence Acquirers 59

The Fintech Times

MARCH 13, 2024

“Generative AI is not the first, and won’t be the last, disruptive technology to impact the cyber threat landscape, so it is critical that businesses improve their risk mitigation, security and defence technologies, as well as seek appropriate risk transfer today, more than ever before.”

Risk Mitigation 59

Risk Mitigation Mitigation AI Risk 59

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. Below, PYMNTS rounds up the latest funding news in the world of B2B.

Risk Mitigation 63

Risk Mitigation Mitigation Risk B2B 63

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

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management 54

Risk Management Risk Risk Mitigation Mitigation 54

The Fintech Times

FEBRUARY 15, 2025

The partnership is designed to enhance AI-driven risk management, compliance automation, and Arabic-language AI capabilities, ensuring financial institutions stay ahead of regulatory and technological changes. Other announcements Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

The Fintech Times

FEBRUARY 28, 2025

” Thoughtful governance and proactive risk management Charles Nerko, team leader for data security litigation in Barclay Damon LLP There is a misconception that as AI learns from data, it will be impossible for it to make mistakes.

AI 97

AI Regulations Best Practices Risk 97

PYMNTS

DECEMBER 5, 2018

Risk mitigation isn’t a new concept, Simkins noted, but today’s organizations are often unfamiliar with the correct strategies they need to deploy when mitigating third-party cyber risk. . “They manage credit risk and liquidity risk, and more traditional third-party risk verticals,” he said.

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

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 111

Third Party Vendors Cybersecurity Mitigation Encryption 111

Fintech Finance

MARCH 3, 2025

An expanding suite of specialised AI agents designed to support key areas such as integration, risk management, intelligent customer service, success rate optimisation, and merchant onboarding. Multi-Party Computation (MPC)-based AI risk management and mobile device security system ensure every transaction is secure.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

FloQast

SEPTEMBER 18, 2024

Many organizations encounter common obstacles that can hinder progress, ranging from overwhelming administrative demands to fragmented systems that impede effective risk management. Foster a Culture of Proactivity : Shift from reactive to proactive risk management, preparing for potential challenges before they arise.

Compliance 103

Compliance Risk Risk Management On-Demand 103

PYMNTS

MARCH 20, 2020

But lenders themselves, even industry incumbents, are also quickly recognizing the potential that unlocking data has not only on improving the SMB borrowing experience, but on significantly improving their own internal operations, particularly when it comes to risk mitigation.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

JULY 27, 2020

Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.

Risk Management 60

Risk Management Risk Mitigation Risk Assessment 60

PYMNTS

JUNE 27, 2018

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk.

Risk Mitigation 53

Risk Mitigation Mitigation Risk Management Cross-Border 53

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 43

Risk Management Risk Treasury Email Compromise 43

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

FloQast

FEBRUARY 19, 2025

As a consultant in the risk mitigation and compliance space , I always strive to be my client’s advisor on their risk and compliance needs. He focuses on providing his clients with solutions to build strong, efficient internal control systems and practices that support their strategic objectives.

Advisors 52

Advisors Compliance Risk Audit 52

The Finance Weekly

OCTOBER 13, 2021

A collaborative approach can also vastly improve risk management. With their detailed view of internal processes (and related internal controls), FCs are well positioned to identify and communicate risk to the C-Suite before a potential problem becomes an actual crisis.

Risk Management 130

Risk Management Risk Mitigation Risk Finance 130

PYMNTS

JANUARY 24, 2019

Automated risk management solutions can be helpful in theory. That’s the idea behind Dun & Bradstreet’s D&B Compass solution, launched this week to automate third-party risk management for procurement and compliance professionals.

Compliance 76

Compliance Due Diligence Risk Mitigation Risk 76

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Risk management is about identifying, assessing and controlling risk from an operational level and making decisions to balance the benefits,” she said.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

M2P Fintech

APRIL 10, 2025

Implementing automated systems can reduce labor, minimize inaccuracies, and enhance the reliability and efficiency of collateral management processes. Real-time precision is required to oversee risks tied to NAV volatility and maintain optimal Loan to Value (LTV) ratios.

Regulatory Compliance 52

Regulatory Compliance Mitigation Compliance Automation 52

Fintech News

JUNE 5, 2024

As fintech introduces new dimensions of complexity and opportunity in outsourcing, two distinct challenges have emerged, prompting FIs to reevaluate traditional outsourcing life cycle management models. The first pertains to the need for strategic management with a focus on innovation.

FinTech 107

FinTech Mitigation Risk On-Demand 107

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar.

Risk Mitigation 40

Risk Mitigation Risk Mitigation Treasury 40

Fintech Finance

OCTOBER 11, 2024

Head of Financial Crime Risk Management and BSA/AML Officer, with proven leadership and experience. Strengthened oversight structure and accountability across all three lines of defense, starting at the front lines and carrying through to risk management and audit teams. Established a dedicated committee at the U.S.

AML 98

AML BSA Money Laundering Financial Crimes 98

Nanonets

MAY 31, 2023

The need for AI in finance In traditional finance functions, companies often rely on manual processes, extensive paperwork, and repetitive tasks to manage their financial operations. These tasks include data entry, invoice processing, and financial analysis for decision-making, operational planning, and risk management.

AI 122

AI Finance Fraud Detection Mitigation 122

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

OCTOBER 14, 2019

Many of the risks that companies face not only stem from these vendors further down the supply chain, but often aren’t recognized by corporations struggling to obtain visibility and connectivity to those suppliers beyond the first tier. ” Data Evolution. ”

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

PYMNTS

OCTOBER 23, 2020

"That process of gathering data and having your expert personnel evaluate it to determine that risk is definitely the biggest challenge.". Risk Focus In Flux. Pre-pandemic, cybersecurity risks among third-party partners like suppliers had been top priority. Thinking Ahead.

Risk 57

Risk Risk Mitigation Mitigation Cybersecurity 57

PYMNTS

OCTOBER 30, 2020

It's one of the biggest blind spots in supply chain risk management, said Allis. It gives a wealth of intelligence, where now you can say, 'in this one facility that needs to continue running, I'm dependent on one main vendor that's got a very high risk score. I need to be proactive there,'" said Allis.

Risk 73

Risk Third Party Vendors Risk Management Risk Mitigation 73

PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk 47

Risk Risk Mitigation Payment APIs and Integration Database 47

Fintech News

JULY 24, 2024

This proactive approach to operations and maintenance represents a paradigm shift from reactive problem-solving to predictive risk management. By automating routine tasks and leveraging AI for complex decision-making, banks can significantly reduce the risk of human error while improving overall operational efficiency.

Finance 117

Finance Risk Mitigation Automation Disaster Recovery 117

The Fintech Times

SEPTEMBER 19, 2024

However, risk orchestration is a process promising to help fintechs and financial institutions combine their customer onboarding, authentication and risk management processes into one place. “This is done through the integration of risk management, adaptive risk mitigation, process automation, and real-time analysis.

Risk 59

Risk Financial Crimes AML Risk Management 59

PYMNTS

JULY 24, 2020

Today, they’re managing this workload in a remote setting on top of a slew of other pressures facing organizations. So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. Lackluster Risk Strategies. ”

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

PYMNTS

SEPTEMBER 29, 2017

Managing Risk. One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64