Nanonets

AUGUST 1, 2023

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. These audits are essential for ensuring compliance with laws and regulations, as well as maintaining accurate and timely financial reporting and data collection.

Audit 52

Audit Automation Bots Risk Assessment 52

Neopay

DECEMBER 16, 2024

Robust processes: Established procedures for report production, involving relevant business areas and governance bodies. Measuring impact: Evaluating the effectiveness of implemented changes and ensuring they address identified issues. RCA effectiveness: Gaps in monitoring the impact of actions taken to address systemic issues.

Consumer 52

Consumer Compliance Audit Government 52

The Fintech Times

JANUARY 20, 2025

Global investment management firms are increasingly focused on leveraging artificial intelligence (AI) and addressing data infrastructure challenges to enhance efficiency, decision-making and investment strategies, according to a survey of 200 operations leaders.

AI 64

AI Audit Addressing Government 64

Fintech Review

APRIL 3, 2025

The new partnership aims to improve liquidity, reduce transaction costs, and increase reliability, offering more options for counterparties while addressing the growing demand for stablecoin adoption in Brazil. BRLA is a leader in payments in the region and the only issuer of an independently audited BRL stablecoin.

Stablecoins 52

Stablecoins Audit Issuers Payments 52

The Fintech Times

NOVEMBER 12, 2024

With a gross domestic product (GDP) per capita of just shy of $15,000, Kazakhstan has also recently shifted from being considered a migrant-sending country to a migrant-receiving country. This includes an external financial audit and obtaining ISO certifications following an audit of the entity’s information systems.

FinTech 59

FinTech Audit Non-Bank ISOs 59

Fintech News

JULY 2, 2024

Summit aims to address common pain points in finance management by modernising and automating accounts payable and employee expense claims processes. Summit’s platform offers a real-time, centralised view of information, enabling efficient audit and reconciliation of vendor invoices and staff claims.

Reconciliation 111

Reconciliation Audit Automation Finance 111

The Fintech Times

MAY 14, 2024

Temenos , the SaaS cloud banking solution provider, has launched new generative AI solutions as part of its AI-infused banking platform, in a move hoping to change how banks interact with their data, as well as boost productivity and profitability. Temenos generative AI also enables users and regulators to verify the results produced.

AI 122

AI Financial Crimes Audit Crime 122

Fintech Review

APRIL 19, 2025

While powerful, they typically operated in isolation and addressed narrow user needs. Embedded finance turns software into a monetisable distribution channel for regulated products, helping platforms diversify income beyond subscriptions. This includes due diligence, auditing, and shared responsibilities with financial institutions.

Finance 94

Finance Embedded Finance FinTech Payment APIs and Integration 94

Fintech News

APRIL 15, 2024

Banking software provider Temenos announced the completion of an independent review on 15 April 2024, addressing allegations made by Hindenburg Research in February. The report has found that Hindenburg’s Research’s allegations were inaccurate and misleading.

Legal 109

Legal Audit Non-Bank Research 109

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit 40

Audit Automation Risk Assessment Assessments 40

PYMNTS

MAY 1, 2020

The Media Rating Council (MRC) review found that the California-based social media giant has failed to address advertisers’ concerns arising from an Ernst & Young audit over how it measures and reports data about video advertisements. . These exchanges are part of the audit process,” Facebook said. “We Facebook Inc.

Accreditation 93

Accreditation Audit Compliance Addressing 93

Fintech News

MAY 13, 2024

The AI technology is designed to be seamlessly integrated with banks’ existing data infrastructures and addresses common challenges related to data security and privacy. The Generative AI technology by Temenos is versatile, applicable across customer service, middle office operations, and product development.

AI 110

AI Financial Crimes Crime Mitigation 110

The Fintech Times

JANUARY 31, 2025

Mary Beighton , director of people and culture at Zuto There are many organisations that say they are committed to doing good, but implementing a meaningful strategy requires a re-evaluation of all aspects of the business – beyond product, growth, and profitability. ” Are industry-wide standards the answer? .

FinTech 64

FinTech Audit Financial Inclusion Advisors 64

FloQast

MARCH 27, 2024

Standardization Different reconciliations require different approaches With the FloQast Reconciliation Management solution, controllers can capture the reconciliation strategy and approach to address the risks unique to each account. Audit Readiness Remember this? Who doesn’t love a smooth audit!?

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

FICO

AUGUST 8, 2022

Overall, I predicted that in 2022 Auditable AI and Humble AI will join Explainable AI and Ethical AI under the umbrella of Responsible Artificial Intelligence. Prediction: We’ll See More Use of Auditable AI Techniques. That’s a big win for Auditable AI. ”, let’s review where these predictions and AI trends are mid-year.

AI 96

AI Audit Risk Credit Risk 96

PYMNTS

OCTOBER 9, 2020

Tipalti indicated that it would be harnessing the funding to focus on its product roadmap, speed up its growth trajectory, expand its international presence and “increase its market-leading position as the preferred solution for high-velocity companies across the globe,” according to an announcement.

Automation 107

Automation Compliance Audit Cybersecurity 107

The Fintech Times

JANUARY 4, 2025

This acquisition underscores our commitment to addressing the evolving challenges faced by tax professionals and taxpayers alike,” explained Elizabeth Beastrom , president of tax, audit and accounting professionals at Thomson Reuters.

Acquirers 59

Acquirers Interoperability Audit Adjustments 59

Finovate

JANUARY 30, 2025

Aviva will deploy AutoRek’s platform to provide a fully audited, rules-based reconciliation process that reduces the risks associated with manual processing. This was underscored by AutoRek Chief Product, Technology, and Operations Officer Jim Sadler in a recent Insider UK look at Scottish sector trends to watch for in 2025.

Reconciliation 52

Reconciliation Automation Audit Rules 52

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

Fintech Finance

MARCH 3, 2025

Issued by Ernst & Young (EY), a leading independent auditing firm, the SOC 2 Type II certification is a rigorous assessment for operating effectiveness of a service providers internal controls. The audit firm will conduct annual reviews, and Antom will continue its recertification process.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

FloQast

NOVEMBER 20, 2024

With the launch of FloQast AI Transaction Matching , a vital component of the FloQast Accounting Transformation Platform , accountants now have a solution that is tailored to address their specific needs, focusing on making reconciliation processes simpler and more accurate.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction. trillion by 2025.

Cryptocurrency 54

Cryptocurrency Audit Blockchain B2B 54

Finovate

MAY 13, 2024

At launch, the new GenAI tools will be available within Temenos Wealth and Temenos Digital products. The Switzerland-based company is making the solutions available as part of its AI infused banking platform, starting with its Temenos Wealth and Temenos Digital products.

AI 105

AI Financial Crimes Audit Crime 105

Stax

MARCH 4, 2025

As an independent software vendor (ISV) or eCommerce platform, these statistics mean that you should focus on function when developing products for your clients. In fact, integrating payment capabilities into products that businesses use to conduct their operations can help SaaS providers address $35 trillion in payments annually.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

VISTA InfoSec

MARCH 6, 2024

Changes Access Controls "Limit viewing of audit trails" to those with a need. audit log security principles are mostly unchanged. Terminology Uses "timely detection and reporting" Shifts to "prompt detection, alerting, and addressing", emphasizing a quick response. when it comes to logging and monitoring. Requirement v3.2.1

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

VISTA InfoSec

OCTOBER 25, 2023

Risk : The potential loss or damage, calculated as the product of likelihood and impact. Choose between a qualitative or quantitative approach: Qualitative Method : Dive into diverse scenarios and address hypothetical inquiries to identify risks. Likelihood : The probability of a threat exploiting a vulnerability.

Risk Assessment 130

Risk Assessment ISOs Assessments Risk 130

Fintech Finance

JULY 30, 2024

Fintech platforms in the country are revolutionizing financial services, reaching both underbanked and affluent individuals seeking sophisticated financial products and services. The Mastercard Ghana Fintech Forum aimed to address these issues, fostering engagement and innovation to drive financial inclusion. “At

Contactless Payments 98

Contactless Payments Cybersecurity Visa FinTech 98

Neopay

FEBRUARY 5, 2025

While it supports innovation, it stresses that products and services must deliver good customer outcomes. Key focus areas: Consumer Duty : The FCA notes that while many firms have implemented the Consumer Duty as expected, a significant number still have gaps to address.

Fraud Prevention 52

Fraud Prevention Financial Crimes Compliance Payments 52

The Finance Weekly

APRIL 27, 2022

They drive the operations, from developing business leads and sales to delivering products and services. Finance leaders can and should take a leadership role cultivating their company’s ethical competencies and addressing its unique challenges. Investing in cross-training can be a good way to address this issue (i.e.

Payroll 130

Payroll Risk Addressing Checks 130

Global Fintech & Digital Assets

MARCH 5, 2024

Regulator sets out its expectations for banks looking to provide digital asset custody services, and sell and distribute tokenised products. Additionally, the Securities and Futures Commission (SFC) and the HKMA published guidance around distribution of virtual asset products (e.g.,

Authorization 59

Authorization Product Due Diligence Procedures 59

The Fintech Times

MAY 13, 2025

She joined in April 2025 and will also chair a newly established board audit committee, strengthening the companys financial oversight and risk management as it matures and scales. Medius , a provider of AP automation and spend management solutions, has appointed Gary Hall as chief product officer.

FinTech 59

FinTech Participant Non-Bank Money Laundering 59

The Payments Association

MAY 16, 2025

Yet, as adoption increases, so do the risks While AI improves efficiency, speed, and scale, it also introduces new compliance risks, many of which remain under-acknowledged and insufficiently addressed. These hidden risks lie not just in what AI does but also in how it does it, often without adequate oversight, auditability, or transparency.

Compliance 88

Compliance AI Risk Audit 88

Fintech News

MAY 19, 2024

Internal or indirect methods include using data to make measurable business performance improvements and inform decisions, while external or direct methods include data sharing to gain beneficial terms or conditions from business partners, information bartering, selling data outright, or offering information products and services.

Rules 109

Rules Non-Bank Audit Central Bank 109

Fintech News

SEPTEMBER 9, 2024

“To address these challenges, banks need to consolidate technologies and processes, partnering with global technology vendors like Jumio to automate compliance processes and strengthen fraud protection measures.

Deepfake 128

Deepfake PCI DSS Verification Financial Inclusion 128

Open Banking Excellence

AUGUST 23, 2023

How can businesses unlock the productivity gains of AI whilst mitigating the risk of ‘hallucinations’ and solving challenges around toxicity, privacy, bias, and data governance, asks Paul O’Sullivan, SVP Solution Engineering at Salesforce? When businesses trust AI, they can drive genuine productivity gains.

AI 130

AI Risk Online and Mobile Banking CRM 130

Fintech News

OCTOBER 28, 2024

With their product, Asset Vault, users will be able to list assets’ information and share it with their loved ones, at a time of their choice. DigiChain Innovations’ solution aims to address these challenges through a multifaceted approach. The heymax.ai

FinTech 117

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 117

The Finance Weekly

OCTOBER 1, 2024

Raw Materials Raw or direct materials are basically the things you use to put your products together—like the ingredients in your recipe. Because they’re directly linked to what you’re selling, they really drive up costs in product-based businesses. Lastly, think about whether you could redesign your product.

On-Demand 130

On-Demand Credit Cards Volume Cost Structure 130