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. AI also does tasks automatically and saves time for risk managers.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 107

Money Laundering Risk Crime Law Enforcement 107

The Fintech Times

MARCH 13, 2024

Lloyd’s , the insurance and reinsurance marketplace, has published a new report, revealing how the rapid evolution of generative artificial intelligence (AI) technology could impact the cyber risk landscape, requiring businesses to build greater resilience to these evolving threats. ” However, businesses cannot do this without support.

Risk Mitigation 59

Risk Mitigation Mitigation AI Risk 59

The Finance Weekly

OCTOBER 15, 2023

This article can help CFOs see the exciting opportunities of Generative AI, while also understanding the risks involved. This improves forecasting and helps in , managing risks better , leading to better choices. Algorithmic Bias: Mitigate biases in AI algorithms to ensure fair decision-making in financial processes.

AI 130

AI Risk Data Security Automation 130

Finextra

SEPTEMBER 12, 2024

Six cybersecurity tactics for financial services to prevent disaster Anyone who has seen the apoca.

Risk Mitigation 52

Risk Mitigation Shutdown Mitigation Risk 52

Fintech News

DECEMBER 6, 2023

Discussions about risk decisioning platforms often center around onboarding and loan origination. Eliminating siloed systems and easily sharing intelligence enables more accurate and faster decisions, reducing risks, and maximising growth. However, investing at the start of the journey is just one aspect of the puzzle.

APACS 114

APACS Risk RFP Risk Mitigation 114

FloQast

SEPTEMBER 18, 2024

The Strategic Shift: From Compliance to Risk Orchestration FloQast’s survey uncovered a pretty notable opportunity in the compliance landscape. While a significant 47% of compliance professionals are focused on reducing administrative demands, only 16% are exploring strategic risk orchestration. You know what’s the best defense?

Compliance 103

Compliance Risk Risk Management On-Demand 103

The Paypers

APRIL 17, 2025

Velera , formerly PSCU/Co-op Solutions , has launched a new tiered Risk Mitigation Service Model to help credit unions fight fraud.

Risk Mitigation 36

Risk Mitigation Credit Union Mitigation Risk 36

Fintech Finance

MARCH 5, 2025

By leveraging TreviPays platform, HSBC is focusing on helping corporate customers enable sales and engage with new business buyers through receivables finance, invoice processing and management and risk mitigation. Through this collaboration, businesses can benefit from flexible payment terms and options at the point of check-out.

Risk Mitigation 52

Risk Mitigation Mitigation B2B Gateways 52

PYMNTS

SEPTEMBER 25, 2018

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The enhancement means third parties can more easily participate in a holistic risk mitigation strategy, Fusion noted.

Risk Management 73

Risk Management Risk Risk Mitigation Risk Assessment 73

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

Stax

JANUARY 8, 2024

However, several complex types of risks come along with this. As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. could also be classified as operational risks. Let’s get started.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

Finextra

MAY 7, 2024

Business KYC plays a crucial role in fraud mitigation in the business world. However, KYC regulation.

Risk Mitigation 52

Risk Mitigation Mitigation Verification Risk 52

The Fintech Times

FEBRUARY 28, 2025

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” “AI contracts compound these risks if poorly structured. A top concern is liability for AI errors.

AI 97

AI Regulations Best Practices Risk 97

The Fintech Times

DECEMBER 17, 2024

Designed to minimise administrative work, the solution aims to adapt to businesses of all sizes, while ensuring reliable, risk-mitigated transactions. “Companies are accustomed to paying in 14 or 30 days, and the service we offer lets business buyers maintain their payment habits when buying online, with no extra steps.

B2B 64

B2B Transactions Risk Mitigation Mitigation 64

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. Supplier financial risks have declined over time, too. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

PYMNTS

JULY 28, 2020

” HashCash Enhances Risk Mitigation. In its Banking-as-a-Service offering, HashCash recently revealed strengthened risk mitigation capabilities within HashCash Consultants. The capabilities are there, but utilization has not reached the levels that we expected.”

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

The Payments Association

APRIL 25, 2024

Payall has partnered with Latvian regtech leader Huntli to enhance fraud prevention and transaction monitoring for a broad spectrum of financial institutions, bolstering capabilities in fraud and risk mitigation Read more

Risk Mitigation 88

Risk Mitigation Fraud Prevention Mitigation Risk 88

PYMNTS

NOVEMBER 11, 2016

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. But sophisticated data management does offer some predictability to vendor risk mitigation and supply chain management. Blake explained this as a “risk in purchasing.”

Risk 68

Risk Risk Mitigation Mitigation Risk Assessment 68

PYMNTS

JULY 24, 2020

So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. “The pandemic and the economic impact of it are a double-whammy for SMEs when it comes to risk via the supply chain,” explained Jake Holloway , chief product officer at Crossword Cybersecurity.

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

PYMNTS

OCTOBER 23, 2020

It's for this reason that cybersecurity risks have climbed to the top of procurement professionals' minds as they develop their supplier management strategies. But third-party risk is complex and multifaceted, demanding a juggling act of coordination, collaboration and research. Risk Focus In Flux. Diversifying The Vendor Base.

Risk 57

Risk Risk Mitigation Mitigation Cybersecurity 57

Agile Payments

JANUARY 9, 2020

The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users. Becoming a true Payment Facilitator is expensive, time consuming and requires staffing to meet compliance and risk mitigation demands. In essence you become a payment business in addition to to your core SaaS offering.

Facilitators 100

Facilitators Risk Mitigation Regulatory Compliance Debit Card 100

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. 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

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). We are committed to offering our customers solutions that go beyond risk transfer,” Zurich Global Head of Property and Energy Rob Kuchinski said in a statement.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

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. ” The U.S.’s ’s Open Banking Path.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

OCTOBER 30, 2020

Exacerbated by the coronavirus crisis, supply chain risk is on the rise as more businesses struggle to remain viable in a volatile market. It's vital for businesses to understand where their risk blind spots are, however, and to strategically work with the business partners that can contribute to a more stable business ecosystem.

Risk 73

Risk Third Party Vendors Risk Management Risk Mitigation 73

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. Maturing Risk Strategies.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

PYMNTS

OCTOBER 14, 2019

Supply chain risk never sleeps, and as global expansion becomes a more viable option for growing enterprises, so does the prospect of heightened risk exposure. On top of geopolitical factors, there are a slew of risks facing supply chains from many angles, as Resilinc Co-founder Sumit Vakil recently told PYMNTS.

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

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

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

Fintech News

FEBRUARY 21, 2024

However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk. FIs are also encouraged to explore other quantum security solutions, including QKD, as part of their risk management strategies.

Third Party Vendors 111

Third Party Vendors Cybersecurity Mitigation Encryption 111

FloQast

FEBRUARY 19, 2025

Xavier Sanchez is a Managing Director at CFGI, leading the Risk Advisory practice in the New York Metro area. 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.

Advisors 52

Advisors Compliance Risk Audit 52

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 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. The post AU10TIX Aims to Reduce Operational Risk for Businesses With New AML Solution appeared first on The Fintech Times.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

Fintech News

APRIL 10, 2024

The document meticulously compares the regulatory frameworks from 11 authorities within these jurisdictions, highlighting the proactive measures being taken to mitigate the various risks associated with the issuance of stablecoins, especially those tethered to a single fiat currency.

Stablecoins 122

Stablecoins Regulations Digital Currency Risk Mitigation 122

Fintech Finance

MARCH 3, 2025

Antom, a global leader in merchant payment, growth and digitisation services, is transforming the merchant payment experience with its AI-driven and risk tech-optimised solutions. 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