The Payments Association

JUNE 16, 2025

It assesses whether the new policy is effectively protecting consumers and reducing fraud, while also highlighting ongoing challenges and debates about a broader, cross-sector approach to tackling APP fraud. Such a model enables firms to proactively stay on top of both their consumer protection and their fraud risk management obligations."

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

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. These regulations also extend to business conduct, requiring platforms to maintain proper asset segregation, conflict of interest assessments, and risk management processes.

Addressing 115

Addressing Stablecoins Monetary Loss Cryptocurrency 115

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 Banks By 2020, Bhutan’s financial sector included five banks, three insurance companies, one CSI bank, five microfinance institutions, one pension institution, two telecom companies as well as a single stock exchange.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Fintech Finance

SEPTEMBER 18, 2024

ISO 27001 certification demonstrates that Tribe has implemented robust information security and risk management systems to protect information confidentiality, integrity, and availability in today’s evolving cyber landscape.

ISOs 98

ISOs Security Payment Security Payment APIs and Integration 98

FICO

DECEMBER 15, 2021

In 2022 consumers will increasingly expect to be able to service all of their requirements, however complex, online. This data can be used by all areas of the bank that interact with customers, from marketing and customer service to risk management and collections. Lenders Will Take a New Approach to Measuring Affordability.

BNPL 52

BNPL Online and Mobile Banking Payment APIs and Integration Assessments 52

The Payments Association

MARCH 17, 2025

Amid rising fraud, emerging technologies like embedded finance, AI, and stablecoins, and intensifying global competition, the Financial Conduct Authority (FCA) faces mounting pressure to recalibrate its approach to regulationor risk holding back the very sector it aims to protect. billion in 2022 to $3.6 The stakes are high.

Regulations 88

Regulations Risk Stablecoins Payments 88

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

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management.

Risk 70

Risk Security Risk Assessment Risk Management 70

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.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Monetary Loss Risk Automation 64

CB Insights

NOVEMBER 3, 2022

While insurtech funding has remained relatively flat quarter-over-quarter in 2022, insurers are still actively engaging with startups to improve their businesses — including addressing climate-related risks. . download the State of Fintech Q3 ’22 Report. Underwriting and claims automation. Insurance product innovation.

Underwriting 95

Underwriting Risk Management Risk Product 95

Fintech News

FEBRUARY 21, 2024

MAS mandated that DPT service provider s safe keep customer assets under a statutory trust and required them to disclose the risks and fees associated with their services. The focus will shift towards assessing the impact of these frameworks on industry dynamics, balancing risk management, consumer protection, and fostering innovation.

Crime 109

Crime Ransomware Scams Romance Scams 109

The Payments Association

MAY 16, 2025

A 2024 joint survey by the Bank of England (BoE) and the Financial Conduct Authority (FCA) found that 72% of UK-regulated firms are actively using or piloting AI and machine learning toolsan increase from 67% in 2022. 85% of digital-first payment firms report live AI integration, particularly in fraud analytics and real-time risk scoring.

Compliance 88

Compliance AI Risk Audit 88

Open Banking Excellence

SEPTEMBER 21, 2023

DORA came into force on 27th Dec 2022 and organisations have until 17th Jan 2025 to become compliant. DORA is designed to “make sure the financial sector in Europe is able to stay resilient through a severe operational disruption”, the Council of the EU wrote in a statement announcing DORA in 2022. “We

FinTech 130

FinTech Compliance Regulations Non-Bank 130

The Fintech Times

SEPTEMBER 2, 2024

As part of the collaboration, Ant International will explore integrating its AI-driven credit tech solutions, including an automated and intelligent risk management engine, into the Dock One platform.

Financial Inclusion 72

Financial Inclusion AI Underserved Underwriting 72

Fintech News

JULY 23, 2024

By the end of 2022, Akseleran had disbursed almost IDR 6.6 The company utilizes data analytics and machine learning (ML) algorithms to conduct comprehensive credit assessments of SMEs, considering financial metrics, transactional dynamics, performance monitoring, and industry risks. billion by late 2022. billion (US$4.4

FinTech 133

FinTech Online and Mobile Banking Multi-Currency Non-Bank 133

Fintech News

JANUARY 16, 2024

Generative AI offers many applications in banking, from enhancing due diligence and risk management to streamlining legal contract generation and code writing. In 2022, data showed that bank customers still frequently utilised branches for various services.

AI 117

AI Risk Non-Bank On-Demand 117

Global Fintech & Digital Assets

DECEMBER 21, 2023

The OCC outlines safety and soundness principles and appropriate risk management processes for its regulated institutions that engage in BNPL lending. The OCC expects that banks engaged in BNPL lending “do so within a risk management system that is commensurate with associated risks.” By Arthur S.

OCC 59

OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

PYMNTS

NOVEMBER 12, 2020

Mastercard’s Vocalink’s offering supports the requirements of Payments Canada, such as the Bank of Canada’s risk management criteria and ISO 20022. The RTR is forecasted to roll out in 2022. Payments Canada is collaborating with Mastercard’s Vocalink for settlement and clearing for the nation’s new RTR payments system.

ISO 20022 57

ISO 20022 FinTech Payments ISOs 57

FloQast

JANUARY 2, 2024

Businesses that navigate the ever-changing risk management landscape are the ones that will be most likely to succeed. PWC’s 2022 Global Risk Survey reveals that organizations embracing risk management as a strategic organizational capability are twice as likely to expect revenue growth of 11% or more in the following year.

Risk Management 52

Risk Management ISOs Risk Mitigation 52

The Fintech Times

MARCH 12, 2024

. “The use of targeted geospatial data at point of quote through data enrichment or in map form through geospatial data visualisation tools such as LexisNexis® Map View, is helping to identify customers and properties at present or future risk – from flood to subsidence to windstorm activity.

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

FICO

OCTOBER 20, 2022

Fri, 06/03/2022 - 12:24. Director of Product Management, Scores. Thu, 10/20/2022 - 15:00. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? In uncertain environments, lenders seek ways to address credit risk management gaps likely to emerge with a potential recession.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

FICO

OCTOBER 20, 2022

Fri, 06/03/2022 - 12:24. Director of Product Management, Scores. Thu, 10/20/2022 - 15:00. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? In uncertain environments, lenders seek ways to address credit risk management gaps likely to emerge with a potential recession.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

The Fintech Times

MARCH 9, 2024

According to Polaris Market Research , the global BNPL market is projected to expand from $6.24billion in 2022 to $80.52billion by 2032. This shift aligns with the financial industry’s broader trend of prioritising profitability, sustainable growth and risk management amidst economic uncertainty.

BNPL 72

BNPL Risk Management Risk Push-to-Card 72

Neopay

MAY 7, 2024

The FCA aims to assist firms in understanding regulatory expectations while empowering them to assess the adequacy of their financial crime systems and controls. This involves implementing more stringent oversight and reporting processes, aligning with the 2022 update to the Money Laundering Regulations (MLR).

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

Fintech News

JANUARY 24, 2024

Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

CB Insights

JULY 18, 2022

As fraud and cyber threats become more prevalent and sophisticated, retail banks’ mandate to protect their customers, comply with regulatory mandates, and assess risk across their entire organization has become more important than ever. get the state of fintech q2 2022 report before anyone else.

Risk 36

Risk Fraud Prevention Consumer Risk Management 36

FICO

APRIL 24, 2023

Trust acquired 100,000 customers in just ten days after it launched in September 2022 and exceeded 450,000, equivalent to 9 percent of the Singapore market, within just five months. We combine risk management fundamentals with data science and customer segmentation to help us arrive at optimum risk outcomes,” said Lohia.

Near Real-Time 52

Near Real-Time Risk Management Credit Cards Risk 52

Finovate

MAY 6, 2024

“We’re excited to partner with Coris on improving the SMB risk management process for builders of financial products,” Alloy GM of Partner Solutions Brian Bender said. “Having a wide array of data at their disposal is critical for banks and fintechs to manage identity risk across the customer lifecycle.”

Automation 52

Automation Risk Underwriting Embedded Finance 52

Nanonets

APRIL 5, 2023

In the world of lending, risk management is crucial to success. But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process.

Automation 52

Automation Process Risk Assessment Assessments 52

FICO

FEBRUARY 22, 2023

Liz also works on a range of projects including customer management software implementations and upgrades, current state assessments and delivery of data-driven strategies. December also saw a significant rise in UK cardholders missing one credit card payment, which underlines the financial pressures on consumers.

Credit Cards 52

Credit Cards Push-to-Card Advisors Card Issuer 52

The Fintech Times

JULY 16, 2024

Em Conversa looks to uncover what the future of fintech could look like in the region, following a $2.1billion valuation in 2022. Since 2022, a lot has changed so we decided to revisit some of our earliest features to see to what extent the market has stayed the same and how much it has evolved.

Financial Inclusion 52

Financial Inclusion Consumer Assessments Interoperability 52

The Fintech Times

OCTOBER 10, 2024

To qualify as ‘qualified’ investors, individuals must pass a knowledge test, a suitability assessment, and provide proof of having AED 500,000 in liquid assets. The company was among the first to publish monthly Proof of Reserves in late 2022 to validate the full backing of customer funds held on the platform.

Cryptocurrency 52

Cryptocurrency Risk Management Blockchain Legal Framework 52

Segpay

MAY 1, 2024

The Council of the European Union and the European Parliament formally adopted the legislation in November 2022. Some of DORA’s main pillars are: Operational Risk Management: DORA requires PSPs to implement robust operational risk management practices to identify, assess, mitigate, and monitor operational risks effectively.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

FICO

MARCH 23, 2023

January saw inflation slightly pegged back compared to the end of 2022; retail sales also improved marginally in the new year. Highlights Average total sales per card down 8 percent compared to December 2022 at £755 Percentage of credit card accounts with two missed payments 13.6

Credit Cards 52

Credit Cards Payments Advisors Card Issuer 52

Global Fintech & Digital Assets

FEBRUARY 26, 2024

In December 2022, the Basel Committee issued a new standard: Prudential treatment of cryptoasset exposures. In advance of any acquisition of a new type of cryptoassets, an AI must inform the HKMA of its classification assessment of the cryptoassets.

Consulting 52

Consulting Regulations Distributed Ledger Technology (DLT) Stablecoins 52