Bank Automation

MAY 27, 2025

The New York-based company deployed its AI-driven mortgage origination tool, Tinman, in 2022, President and Chief Operating Officer Chad Smith told Bank Automation News.

Origination 52

Origination AI Underwriting Verification 52

VISTA InfoSec

OCTOBER 21, 2024

Digital Operational Resilience Act is a new regulation (EU) 2022/2554, published in 2022 in the Official Journal of the EU, and came into force on 16 January 2023. This includes regular risk assessments, controls, and monitoring mechanisms to address vulnerabilities and threats.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

VISTA InfoSec

MARCH 13, 2025

Regular monitoring and testing of networks: Performing routine security assessments. 4.0 , was released on March 31, 2022, introducing enhanced security measures to address evolving cyber threats. Implementing strong access control measures: Limiting access to cardholder data based on job responsibilities. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Fintech Finance

JANUARY 16, 2025

Since launching its Strategy in 2022, the PSR has made strong progress in delivering positive change, including introducing world-leading protections against APP fraud, advancing Open Banking, and reviewing card fees. This is critical to providing a sound foundation for future innovation and competition in payments.

Innovation 96

Innovation Regulations Government Governance 96

Faster Payments Council

SEPTEMBER 12, 2022

This in-person event will take place on September 14-15, 2022 at the Delta Hotels Minneapolis Northeast in Minneapolis, MN. Join this session to learn more about exchange framework assessments and pilot programs backed by the Business Payments Coalition (BPC), Federal Reserve and industry.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

The Fintech Times

NOVEMBER 17, 2024

In 2022, LexisNexis Risk Solutions and TransUnion teamed up to support the UK insurance market with credit data. The new collaboration will build on this relationship, and allow insurance providers to utilise services like TrueVision Public and TrueVision, in addition to the Affordability Report, at the point of quote.

Risk 59

Risk Assessments Finance Product 59

Fintech Finance

MARCH 11, 2025

over the assessed period. ” Clear Junction’s notable achievements of the past 12 months include: The company has continued to expand its team of experts, now employing more than 150 people – a 25% increase from 2023, when its headcount doubled from 2022. since 2020. Further growth is forecasted for 2025.

Cross-Border Payments 86

Cross-Border Payments Cross-Border Correspondent Multi-Currency 86

Fintech News

JANUARY 21, 2025

Artificial intelligence (AI) is also gaining traction, particularly for risk assessment and operational efficiency. To facilitate the implementation of this framework, the BSP established in 2022 the Open Finance Oversight Committee Transition Group, serving as an interim, industry-led governing entity.

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

The Fintech Times

MARCH 7, 2025

In fact, spending on holidays has increased by six per cent since 2022, rising from 864 to 917, while attending sporting events has increased 25 per cent since 2022, rising from 247 to 309. However, people do not appear willing to reduce spending on purchases in certain categories.

Research 59

Research Adjustments Accounts Assessments 59

VISTA InfoSec

OCTOBER 7, 2024

Digital Operational Resilience Act is a new regulation (EU) 2022/2554, published in 2022 in the Official Journal of the EU, and came into force on 16 January 2023. This includes regular risk assessments, controls, and monitoring mechanisms to address vulnerabilities and threats.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

Fi911

FEBRUARY 26, 2025

Requirements : Completion of a Self-Assessment Questionnaire (SAQ) and quarterly external scans. Regularly Test Security Systems and Processes : Conduct routine penetration tests and vulnerability assessments. released in March 2022, updates and expands the framework to maintain relevance in a rapidly evolving digital landscape.

PCI DSS 54

PCI DSS Compliance MFA Assessments 54

FICO

DECEMBER 15, 2021

In 2022 consumers will increasingly expect to be able to service all of their requirements, however complex, online. As economic activity rebounds, people are facing elevated levels of inflation with potential increases in interest rates forecast in early 2022, as well as higher energy prices.

BNPL 52

BNPL Online and Mobile Banking Payment APIs and Integration Assessments 52

Fintech News

JULY 3, 2024

In Q4 2022, Moca by Grab ranked as the sixth most used digital financial platform in Vietnam with an 8% penetration rate, results from a survey of more than 1,500 consumers reveal. The company stated that it reached this decision after careful assessments as part of its restructuring strategy and focus on achieving “ sustainable growth.”

Finance 117

Finance Online and Mobile Banking Micro-Entry Non-Bank 117

Fintech News

JUNE 12, 2024

Key features of the platform include system-wide and institution-level views of financed emissions, consolidation of reported and modeled emissions from key counterparties, and mapping the geographical distribution of assets to assess transition risk exposure from changes in carbon pricing policies and physical hazards.

Authorization 113

Authorization Risk Assessments Central Bank 113

Fintech News

MAY 8, 2024

MAS has been cautioning the public about these risks since 2017 and restricted cryptocurrency advertising in public spaces in January 2022. New measures that will take effect this year include mandatory risk-awareness assessments for customers, bans on trading incentives, and restrictions on providing credit for cryptocurrency transactions.

Addressing 117

Addressing Stablecoins Monetary Loss Cryptocurrency 117

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

Federal Reserve 52

Federal Reserve Credit Cards Advisors Issuers 52

VISTA InfoSec

NOVEMBER 12, 2024

became mandatory after being officially released on March 31, 2022, allowing organizations a transition period. SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments? PCI DSS v4.0,

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

became mandatory after being officially released on March 31, 2022, allowing organizations a transition period. SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments? PCI DSS v4.0,

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fintech News

AUGUST 20, 2024

This initiative is part of OJK’s ongoing efforts to guide banks through the digital transformation process outlined in the 2022 Banking Digital Transformation Blueprint.

AI 113

AI Mitigation Assessments Risk 113

FICO

AUGUST 10, 2022

Covid to Cost-of-Living: Assessing Affordability in Uncertain Times. Wed, 08/10/2022 - 11:55. Affordability Assessments and Unrestrained Lending. But a crucial challenge to existing affordability assessments has been the huge spike in ‘buy now, pay later’ loans (BNPL). The Future of Informed Affordability Assessments.

Assessments 52

Assessments BNPL On-Demand Origination 52

Fintech News

SEPTEMBER 8, 2024

These datasets consider factors such as deal activity, industry partnerships, team strength, investor backing, patent activity, employee headcount, and proprietary algorithms that assess the health and growth potential of private companies. Bowtie says its critical illness products saw over 100% growth between 2022 and 2023.

APACS 114

APACS Assessments AI Product 114

Cardfellow

APRIL 27, 2025

was released in March of 2022, but the prior standard was intentionally left in place for 2 years following its release to allow time for assessors and businesses to understand the changes and make updates. You may recognize the Self-Assessment Questionnaire (SAQ) that businesses using the Defined Approach will submit.

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Fintech News

JUNE 5, 2024

BNPL providers will need to assess whether their products are suitable and affordable for consumers. A 2022 survey by Good Shepherd revealed that 84 percent of financial practitioners reported clients opening additional BNPL accounts to manage debt, leading to unmanageable debt spirals. billion to GDP.

Regulations 113

Regulations BNPL Product Consumer Protection 113

The Payments Association

MARCH 17, 2025

Investment in UK fintech has dropped sharply, from over 14 billion in 2022 to just 3.6 billion in 2022 to $3.6 Adopting a risk-based, market-access framework: A tiered model could assess stablecoins based on their use case (e.g., The stakes are high. In 2024, the UK led European fintech investment with $3.6 billion in 2024.

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech News

SEPTEMBER 9, 2024

In 2022, it formed a joint venture with Challenger, an Australian investment management firm, to form Artega Investment Administration and serve APAC investment managers and asset owners. This enables more informed decision-making across societal, economic, and environmental dimensions.

APACS 117

APACS FinTech Assessments Risk Assessment 117

Fintech News

JUNE 3, 2024

The category is experiencing rapid growth within the global insurance market, with volumes tripling in the last five years to gross direct written premiums of US$13 billion in 2022, according to the Swiss Re Institute (SRI). In 2022, malware incidents rose for the first time since 2018, reaching 5.5

Ransomware 109

Ransomware APACS Cybersecurity AI 109

The Fintech Times

NOVEMBER 2, 2024

According to the 2022 Bhutan Living Standards Survey Report, 95 per cent of households own a smartphone, 99.6 Despite its historical lag in technology adoption, recent years have seen significant government efforts to expand ICT and telecommunications infrastructure.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Fintech Finance

MARCH 10, 2025

over the assessed period. ” Clear Junction’s notable achievements of the past 12 months include: The company has continued to expand its team of experts, now employing more than 150 people – a 25% increase from 2023, when its headcount doubled from 2022. since 2020. Further growth is forecasted for 2025.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Correspondent Multi-Currency 59

FICO

DECEMBER 8, 2021

These include Auditable AI and Humble AI, and my AI predictions for 2022 are that we will see them formally join Explainable AI and Ethical AI under the umbrella of Responsible AI , the gold standard that should be used in developing artificial intelligence systems that are trustworthy and safe. Artificial Intelligence Is Now a Real Problem.

AI 52

AI Audit Blockchain Addressing 52

CB Insights

MARCH 25, 2022

Apple acquired Credit Kudos , an open banking technology startup, at a reported $150M valuation in March 2022. <span The post Apple acquires Credit Kudos, an open banking startup that provides credit assessments, for $150M. Download the report to learn more. hbspt.forms.create({. onFormReady: function ($form) {.

Assessments 61

Assessments Acquirers FinTech Research 61

FICO

JUNE 22, 2022

6 Digital Transformation Trends Highlighted at FICO World 2022. Wed, 06/22/2022 - 12:30. Innovation in digital transformation and emerging trends were firmly front-of-mind this year at FICO World 2022. FICO World 2022: Digital Transformation Success Stories. Tue, 07/02/2019 - 02:45. expand_less Back To Top. See all Posts.

BNPL 52

BNPL Online and Mobile Banking Credit Risk AI 52

FICO

FEBRUARY 7, 2023

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. Less than 1% of the total U.S. Read the full post 5.

BNPL 52

BNPL Posting Underwriting Consumer 52

Fintech News

MAY 28, 2024

The Brazilian digital bank turned a net loss in 2022 into a US$1 billion net profit in 2023, with revenues exceeding US$8 billion. According to a 2022 report by IDC , the big data and analytics market in the Asia Pacific region is expected to grow at a CAGR of 19.6% from 2022, reaching US$42.2 billion in 2023. trillion by 2025.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

Fintech News

APRIL 7, 2024

Examples include verifying the user’s personally identifiable information (PII), assessing the age and reputation of the user’s email and phone number, verifying their location via IP address, and evaluating the trustworthiness of the device to assess the user risk level. billion for US consumers, and S$101 million in Singapore.

Deepfake 134

Deepfake Scams Fraud Detection Verification 134

The Finance Weekly

AUGUST 26, 2023

Across various sectors, boards of directors are increasingly mandated to assess and disclose the effectiveness of risk management processes within their respective organizations. AI aids loan decisions, assessing individual risk profiles for granting loans and setting rates. This helps lenders proactively tackle credit risks.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

Fintech News

OCTOBER 14, 2024

Minister Edwin Tong Minister Edwin Tong explained in a ministerial statement that the government supports a strong partner for Income to strengthen its capital base, but concerns arose from the transaction’s structure, especially in light of assurances made during Income’s corporatisation in 2022.

Blocks 108

Blocks Government Governance Authorization 108

Fintech Finance

MARCH 6, 2025

over the assessed period. Clear Junctions notable achievements of the past 12 months include: The company has continued to expand its team of experts, now employing more than 150 people a 25% increase from 2023, when its headcount doubled from 2022. since 2020. Further growth is forecasted for 2025.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Correspondent Multi-Currency 52