PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Targeting FIs, Nucleus Software has rolled out its latest technology with a focus on supply chain risk mitigation.

Finance 99

Finance FinTech Risk Mitigation Non-Bank 99

PYMNTS

DECEMBER 5, 2018

million patients may have been exposed, all thanks to a data breach at one of its vendors, healthcare technology provider AccuDoc Solutions. 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.

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

Finovate

JANUARY 17, 2025

It also provides Breach Risk Scores that measure the severity of incidents in which their data was exposed, and a Personalized Action Plan of practical risk mitigation steps. Founded in 1968, TransUnion is headquartered in Chicago.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Acquirers 64

M2P Fintech

APRIL 10, 2025

Automated Credit Limit Management for Risk Mitigation Tracks daily NAV fluctuations and collateral value changes to dynamically adjust credit availability through real-time limit management systems. The platform automates workflows for collateral pledges, shortfall alerts, and credit line freezes when thresholds are breached.

Regulatory Compliance 52

Regulatory Compliance Mitigation Compliance Automation 52

PYMNTS

APRIL 9, 2019

Meanwhile, the trade credit insurance market has progressed along its own separate trajectory of innovation and FinTech disruption, with service providers targeting smaller vendors as potential customers that need to insure their invoices against nonpayment. Combining Forces.

Finance 63

Finance Underwriting Risk Mitigation Mitigation 63

The Fintech Times

JULY 22, 2024

Financial service provider ACE Money Transfer has revealed a high level of growth and success, thanks to its partnership with Trustly , the global open banking payments firm. Backing open banking ACE Money Transfer explained that this approach supported 25 per cent business expansion.

Risk Mitigation 69

Risk Mitigation Funds Transfer Mitigation Security 69

The Fintech Times

AUGUST 28, 2024

Adjusting to MiCA The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins ), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU.

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

PYMNTS

OCTOBER 7, 2016

” Regulatory requirements, risk mitigation, security measures and borrower satisfaction all pressure banks to grasp the power of data analytics. “Having access to those kind of analytics makes for a powerful differentiator as well.” Data is vital to remaining competitive , he said. ”

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

Stax

AUGUST 22, 2024

Request Quote Why PayFacs Need an Effective Risk Management Strategy Payment facilitators remove the need for businesses to open merchant accounts of their own to accept payments like those from credit cards, debit cards, mobile wallets, etc. Think of them as service providers that rent their master merchant accounts to their clients.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JANUARY 28, 2021

With its new Payment Tracker offering , financial service provider iBanFirst is enabling both senders and receivers to gain greater visibility into the status of a transaction, the result of leveraging the SWIFT gpi tracking service. iBanFirst Boosts Payment Visibility For Buyers, Suppliers.

Innovation 61

Innovation Payer Cross-Border Payee 61

PYMNTS

JUNE 25, 2020

Understanding how every dollar is being spent today, and whether that spend can be strategically adjusted to promote resiliency into the future, are conversations businesses are beginning to hold with their financial services providers, said Barker.

Mitigation 60

Mitigation Risk Mitigation Treasury Risk 60

PYMNTS

MAY 17, 2018

Seven banks in India have struck an agreement to collaborate with digital banking service provider Infosys Finacle on a blockchain-powered trade network, the company announced Wednesday (May 16). Infosys Finacle first announced its blockchain trade finance solution for banks last year after 11 banks participated in trials.

Finance 49

Finance Blockchain Risk Mitigation Mitigation 49

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. Regulation leads the change in IT systems for banks to become compliant and more competitive.”.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. India’s NBFC community is in flux amid tightening regulations as the government looks to promote customer protections and risk mitigation while maintaining broad access to financial services.

Risk Mitigation 43

Risk Mitigation Regulations Non-Bank Mitigation 43

PYMNTS

JANUARY 27, 2020

Increasingly, developing an ecosystem post-financing has become a critical component of promoting healthier cash flow among borrowers and mitigating risk for financiers. It’s all a part of a self-servicing circle of the SMB funding environment, where everyone is interconnected and impacted by the success (or demise) of an SMB borrower.

Small Business 62

Small Business Point-of-Sale (POS) Finance Facilitators 62

PYMNTS

DECEMBER 17, 2019

Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. Again, third-party service providers play an important role in alleviating ACH friction for companies. However, they persist. ACH’s B2B Future.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

The Fintech Times

DECEMBER 9, 2023

. “Even if a company’s initial effort was a mere compliance exercise, the efforts have genuinely facilitated positive changes, fostering better understanding and trust between financial service providers and their customers.

Consumer 111

Consumer Financial Literacy Regulations AI 111

PYMNTS

JANUARY 18, 2019

Last month, the EU Blockchain Forum urged the European government to deploy the technology for digital identities , calling the use case “the fundamental building block, and a key area for governments to focus on to promote risk mitigation, compliance and trust in the financial system.

B2B 78

B2B Blockchain B2C Use Case 78

PYMNTS

FEBRUARY 9, 2018

lender is now offering its small business (SMB) borrowers credit insurance policies provided by Euler Hermes to protect themselves against the risk of non-payment of an invoice should their customer become insolvent or fail to pay. Reports Thursday (Feb. 8) said the U.K.

Risk Mitigation 40

Risk Mitigation Non-Bank Risk Underwriting 40

PYMNTS

JUNE 26, 2019

Supply chain verification is instrumental in mitigating the risk of noncompliance for marijuana firms regulated at the state level. “I see a direct application for companies that need financial services, and need a way to show they’re good business actors,” Law said of the Supply Chain Certification solution.

Legal 44

Legal Mitigation Verification Risk Mitigation 44

PYMNTS

SEPTEMBER 12, 2018

As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices. Working with a bank like BTG is another spoke in the wheel of small business financing, but one that similarly addresses risk mitigation in the market.

Finance 40

Finance Risk Mitigation Small Business Mitigation 40

PYMNTS

AUGUST 15, 2019

Financial Conduct Authority recently published SCA compliance guidance that noted EU’s PSD2 regulations leave it up to national authorities to determine whether corporate payment service protocols meet the threshold of security required under SCA.

Payments 49

Payments Commercial Card Risk Mitigation Mitigation 49

Fintech Finance

DECEMBER 7, 2023

The concept of “omnichannel” used to revolve around a business’s capacity to process transactions across all channels using a single payment provider. Now, envision a world where you have the power to choose your preferred payment service provider for each channel.

Business Payments 52

Business Payments Point-of-Sale (POS) Payments Credit Cards 52

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud.

Risk 59

Risk Financial Crimes AML Risk Management 59

Fintech News

APRIL 3, 2025

As of 1 November 2023, all new and existing BNPL service providers must ensure full compliance. Consumer risk mitigation: The regulators are considering raising the minimum age further to 24-25 years old and increasing income thresholds to better align with financial responsibility, according to Asia News.

BNPL 110

BNPL Regulations Accreditation Consumer Protection 110

PYMNTS

OCTOBER 3, 2019

While the risk mitigation opportunities of virtual assistants may be enticing for corporate finance executives, it’s possible that reservations over data privacy felt in their consumer lives could also carry over into the corporate sphere. “In in particular.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

PYMNTS

MARCH 25, 2020

As commercial card innovation expands, service providers continue to target particular pain points for their business cardholders. Archa Collabs With i2c in Australia.

Commercial Card 46

Commercial Card Innovation Cross-Border Cross-Border Payments 46

PYMNTS

SEPTEMBER 14, 2020

As a supplier of computing software services, Blackbaud is only the latest example of how cyberattacks aren't isolated to its targets. Despite a rising understanding of the importance of third-party cyber risk mitigation efforts, such incidents as these continue to occur — and amid the pandemic, the volume of attacks is on the rise.

Breach 52

Breach Multifactor Authentication Ransomware Email Compromise 52

PYMNTS

JULY 31, 2018

The allegations have revived the debate over financial service providers’ use of commission as an incentive to boost sales, which was recently brought to light by the ongoing Wells Fargo scandals. Small businesses’ failure to look into their FX agreements may allow financial service providers to change FX rates without users noticing.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Small Business Risk Mitigation 40

PYMNTS

SEPTEMBER 11, 2018

. “However, I would say many businesses do not fully understand, or have awareness of, the different risk management tools.” ” SMBs particularly appear challenged by FX risk mitigation, he noted. SMBs, in particular, struggle to fully understand the weight of those risks and challenges, said Wissema.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Multi-Currency Risk Mitigation 40

PYMNTS

OCTOBER 3, 2019

Loan fraud is a less-discussed — but not less threatening — trend hitting banks, credit unions and other financial service providers, particularly as traditional and alternative players usher in digitization and an online-only lending process.

Small Business 63

Small Business Credit Union Mitigation Account Takeovers 63

PYMNTS

MARCH 14, 2017

Forty percent of businesses said their current financial service provider cannot help in their international expansion, while nearly half said their current provider does not offer FX tools like analytics and risk mitigation. ”

Cross-Border Payments 41

Cross-Border Payments Cross-Border B2B Payments 41

Segpay

OCTOBER 4, 2023

What is the Role of a Payment Service Provider (PSP) In affiliate marketing, PSPs play a crucial role as they process the financial transactions between the various parties involved in the affiliate marketing ecosystem.

Security 52

Security Due Diligence Compliance Payments 52

Ikajo

NOVEMBER 22, 2023

In this article, we will explore what is PayFac-as-a-Service, who it is for, and how it benefits Payment Service Providers (PSPs) and merchants worldwide. Payment facilitator, abbreviated as PayFac, is a type of financial service provider that simplifies payment acceptance for businesses.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

PYMNTS

AUGUST 1, 2018

It’s a promising observation, considering how previous research has warned companies — especially small businesses — about a lack of transparency in how financial service providers are charging customers for FX services. As treasurers’ own responsibilities grow, their financial services providers will have to keep pace.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

PYMNTS

MARCH 16, 2018

Research released last year by Deloitte in its Global Corporate Treasury Survey 2017 found foreign exchange risk management remains a key function for treasurers. More than 50 percent of treasurers surveyed said FX volatility is a challenge, and Remlinger said this trend will continue to press service providers for more advanced solutions.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

NOVEMBER 12, 2018

” Corporates should work with their payment service providers (PSPs) to get educated on their options, receive guidance when upgrading infrastructures, and ready themselves for APIs to transform their ability to connect and communicate within and outside of the enterprise.

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44