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 Nilson Report

SEPTEMBER 23, 2024

The post G2 Risk Solutions Unveils Single-Platform Solution for Integrating Merchant Risk Management appeared first on Nilson Report.

Risk Management 52

Risk Management Risk Posting 52

Fintech News

APRIL 16, 2024

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. The tech can also draft model documentation and validation reports.

Risk Management 111

Risk Management AI Risk Use Case 111

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

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

Finextra

JULY 31, 2024

TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce that CoinShares has selected TS One.

Risk Management 52

Risk Management Risk 52

Finextra

JULY 11, 2024

million by US regulators for failing to make enough progress on fixing risk management and data governance deficiencies four years on from a cease and desist order. Citi has been fined $135.6

Risk Management 64

Risk Management Risk Government Governance 64

Fi911

FEBRUARY 14, 2024

Merchant accounts, while essential for facilitating electronic transactions, inherently carry a level of risk. To mitigate this risk, banks may mandate the establishment of a merchant account reserve, which involves setting aside a predetermined portion of a merchant’s revenue. Why Do Acquirers Mandate Account Reserves?

Risk Management 89

Risk Management Risk Accounts Processors 89

Finextra

MAY 30, 2024

Leading provider of AI-driven risk management solutions, Oscilar and Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention, announced a partnership that will set a new standard in digital identity verification, fraud prevention and risk management for financial institutions. (..)

Risk Management 52

Risk Management Verification Risk Fraud Prevention 52

Finextra

AUGUST 20, 2024

No longer operating in isolation, the UK credit market is now impacted by global risk management tre.

Risk Management 52

Risk Management Risk 52

Finextra

JULY 30, 2024

Cable, the leading risk management and effectiveness testing platform for banks, fintechs, and crypto companies, today announced a strategic partnership with Vantage Bank, a visionary $4.2B bank based in San Antonio, Texas.

Risk Management 52

Risk Management Risk Assessments FinTech 52

The Nilson Report

AUGUST 20, 2024

The post Kompliant Teams with Equifax for Fraud Prevention and Risk Management appeared first on Nilson Report.

Fraud Prevention 52

Fraud Prevention Risk Management Risk Posting 52

Finextra

JULY 17, 2024

Leading Human Risk Management Platform, CultureAI, today announced it has closed a $10 million Series A funding round.

Risk Management 52

Risk Management Risk 52

The Paypers

OCTOBER 2, 2024

US-based TreviPay has entered into a strategic collaboration with Allianz Trade to augment B2B risk management and underwriting solutions.

Risk Management 36

Risk Management B2B Risk Underwriting 36

Fraud.net

NOVEMBER 15, 2023

Fraud.net's end-to-end risk management platform secures a Gold Future Digital award for Fraud Detection and Prevention Platform.

Risk Management 52

Risk Management Risk Fraud Detection Security 52

The Finance Weekly

AUGUST 26, 2023

, AI helps companies manage risks better, it's like a big shift. It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. This helps lenders proactively tackle credit risks.

Risk Management 52

Risk Management Risk AI Liquidity Risk 52

Finextra

APRIL 3, 2024

Risk management is a crucial aspect of trading that can significantly impact a trader’s success.

Risk Management 52

Risk Management Risk 52

Finovate

FEBRUARY 6, 2024

Embedded finance platform Liberis announced a partnership with identity risk management innovator Alloy. Embedded finance platform Liberis has teamed up with identity risk management innovator Alloy. Embedded finance platform Liberis has teamed up with identity risk management innovator Alloy.

Risk Management 59

Risk Management Risk Embedded Finance Compliance 59

Fraud.net

DECEMBER 22, 2023

Learn measures for proactive BNPL risk management and keep your business—and customers—safe from BNPL fraud.

Risk Management 52

Risk Management BNPL Risk Account Takeovers 52

Fraud.net

JANUARY 19, 2024

Learn the best BNPL risk management challenges, fraud prevention strategies, real-time monitoring, advanced solutions and more.

Risk Management 52

Risk Management BNPL Risk Fraud Prevention 52

Seon

APRIL 23, 2024

As an umbrella term, fraud risk management encompasses the systematic processes of identifying, assessing and responding to an organization’s fraud risk. In the digital age, leveraging technology in fraud risk management is beneficial and essential in protecting an organization to ensure its long-term viability and success.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Finovate

DECEMBER 4, 2023

Treasury Prime, an embedded banking software platform, has signed a strategic partnership with fraud and risk management platform Effectiv. Embedded banking software platform Treasury Prime has forged a strategic partnership with fraud and risk management platform Effectiv. The company is headquartered in San Francisco.

Risk Management 59

Risk Management Treasury Risk Transactions 59

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. The new fintech paradigm: balancing innovation and risk Fintech has shaken up the financial sector, but with this innovation comes a unique set of risks.

Risk 87

Risk FinTech Risk Management Cybersecurity 87

The Paypers

MARCH 1, 2024

US-based fintech company Alloy has announced the launch of a new risk management solution for Embedded Finance partnerships.

Risk Management 45

Risk Management Risk Embedded Finance Finance 45

Fintech News

OCTOBER 15, 2024

OKX, a global cryptocurrency exchange and onchain technology company, has named Yuri Mushkin as its Global Chief Risk Officer. Yuri Mushkin Based in Singapore, Mushkin will oversee the company’s global risk strategy and lead its independent enterprise risk function, reporting to the CEO and Board of Directors.

Risk 104

Risk Risk Management Payments Institute Cryptocurrency 104

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. Bill earned his Bachelor’s degree in Business from Hofstra University in New York.

Risk 105

Risk Acquirers Risk Management Underwriting 105

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

PYMNTS

OCTOBER 7, 2020

bank to fix the "significant ongoing deficiencies" in its risk management systems, The Wall Street Journal (WSJ) reported. In a consent order which Citi's board agreed to, the bank was chastised for failing in various areas of risk management and internal controls.

Risk Management 92

Risk Management Risk Regulations Procedures 92

The Fintech Times

JANUARY 30, 2024

Themis , the financial crime tech firm has reinforced its commitment to preventing financial crime as it launches its new risk management cloud service, hosted in Saudi Arabia. The service is designed to meet and exceed industry regulations, protecting institutions from any risk of compliance breaches.

Financial Crimes 59

Financial Crimes Risk Management Crime Risk 59

Finextra

APRIL 5, 2024

A worldwide leader in insurance and asset management, AXA and AWS (Amazon Web Services) an Amazon.com, Inc. company (NASDAQ: AMZN), announced their intention to jointly develop and build AXA Digital Commercial Platform (DCP) and associated software services to enable next-generation risk management.

Risk Management 40

Risk Management Risk B2B 40

The Paypers

MAY 30, 2024

Union Bank of India has announced modernising its risk management systems by implementing SAS solutions to enhance and streamline its risk operations.

Risk Management 36

Risk Management Risk 36

Payments Dive

JUNE 8, 2023

The guidance is aimed at helping banks address the operational, compliance and strategic risks of third-party tie-ups, such as those with fintech firms.

Risk Management 97

Risk Management FDIC OCC Risk 97

Finextra

OCTOBER 2, 2024

TreviPay, the most-trusted B2B payments and invoicing network, today announced a new strategic partnership with Allianz Trade, the global leader in trade credit insurance.

Risk Management 52

Risk Management B2B Risk Payments 52

The Paypers

NOVEMBER 27, 2023

UK-based fintech Paysend has implemented a solution from CalQRisk in order to augment and automate their approach to enterprise risk management.

Risk Management 36

Risk Management Automation Risk FinTech 36

Bank Automation

SEPTEMBER 20, 2024

Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution. The bank implemented Alloy’s Identity Risk Solution in March 2022. With Alloy’s […] The post Grasshopper reduces manual reviews with Alloy risk solution appeared first on Bank Automation News.

Risk 80

Risk Embedded Finance Risk Management Automation 80

Finextra

NOVEMBER 22, 2023

The imminent introduction of the EU's Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.

Risk Management 40

Risk Management Risk 40

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