VISTA InfoSec

OCTOBER 21, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Change Management: Develop a change management strategy to address any resistance or concerns from your team.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

PYMNTS

MAY 27, 2020

For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. There is no such thing as a silver bullet in B2B payments, a single card rail that will address all friction points for all buyers, sellers and stakeholders.

Blocks 92

Blocks NACHA RTP Disaster Recovery 92

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. Banks must, therefore, prioritise resilience and continuity as never before. Zero Downtime ensures continuous service availability, eliminating the concept of ‘offline’ in financial services.

Finance 122

Finance Risk Mitigation Disaster Recovery Automation 122

The Fintech Times

JULY 20, 2024

The need for operational resilience is something the European Union is aiming to address with its Digital Operational Resilience Act ( DORA ). DORA covers some aspects, but it will never be enough as we continually push the boundaries of efficiency and economic value.

Payments 122

Payments Mitigation Cybersecurity ISO 20022 122

Nanonets

DECEMBER 13, 2023

When errors occur, the system can adapt and improve over time through continuous learning, ultimately enhancing the accuracy of future data extractions. Real-time reporting enables insurers to address compliance concerns promptly, minimizing the impact on operations.

AI 102

AI Process Fraud Detection Compliance 102

Fintech News

JUNE 25, 2024

Ant Group launched OceanBase in 2010 to address the exponential growth of Alipay ’s users and transaction volumes, which even reached millions of transactions per second during the annual Double Eleven Shopping Festival in China.

Database 130

Database Volume Disaster Recovery On-Demand 130

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Global Fintech & Digital Assets

MARCH 5, 2024

The guidance continues the momentum of digital asset regulation in Hong Kong, following a raft of other rules and consultations recently published by Hong Kong regulators. Banks’ contingency and disaster recovery arrangements should cover any disruption to the outsourced services.

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

JULY 28, 2023

Projections suggest that this trend will continue, with global data creation projected to exceed 180 zettabytes by 2025. A robust document workflow software continuously analyzes the workflows to ensure efficiency and effectiveness. In 2020, the total data generated reached an estimated 64.2 zettabytes.

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

Global Fintech & Digital Assets

DECEMBER 11, 2023

Requirements related to business continuity and disaster recovery have also been included for the first time. Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Regularly conduct vulnerability assessments and penetration testing to identify and address potential weaknesses.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Risk Assessment 52

Nanonets

MAY 6, 2024

This transparency enhances accountability, facilitates management oversight, and supports continuous improvement initiatives.   Verify data integrity, reconciliation accuracy, and workflow functionality to identify and address any issues or discrepancies. Single sign-on (SSO) enhances security and user experience.  

Reconciliation 52

Reconciliation Accounts Audit Automation 52

Nanonets

SEPTEMBER 21, 2023

Successful ERP implementation involves defining objectives, engaging stakeholders, providing training and support, and continuous improvement. Continuously improve the ERP system by incorporating feedback and making necessary adjustments. Ongoing support should also be provided to address any challenges or questions that may arise.

Small Business 40

Small Business Automation Risk Process 40

PYMNTS

NOVEMBER 15, 2018

As residents rebuild their lives, local credit unions (CUs) are stepping up to help them address immediate financial needs. One month after the hurricane made landfall, recovery efforts remain a tall task, said Innovations CEO David Southall. These and other disaster recovery efforts speak to the CU’s core mission.

Credit Union 72

Credit Union Disaster Recovery Innovation ATM 72

Segpay

MARCH 20, 2024

Banks must proactively address these ethical and social concerns through transparent communication, stakeholder engagement, and responsible AI governance practices. Additionally, using AI algorithms for credit scoring and loan approvals may raise questions about fairness, transparency, and accountability in decision-making processes.

AI 111

AI Privacy Non-Bank Fraud Detection 111

PYMNTS

JULY 16, 2019

For new clients, the cloud service addresses the digital demands of today’s consumers with easy integration and low maintenance. The new cloud service is secure and scalable, utilizing Amazon Web Services for reliable disaster recovery and redundancy to ensure consistent uptime.

Disaster Recovery 51

Disaster Recovery Credit Union Innovation Issuers 51

Fintech News

APRIL 20, 2025

An expert panel advising the Monetary Authority of Singapore (MAS) has outlined strategies to enhance technology resilience and address emerging risks in the country’s financial sector. The post MAS Panel Addresses Emerging Tech Risks, Vendor Security for Finance Sector appeared first on Fintech Singapore.

Addressing 71

Addressing Disaster Recovery Risk Security 71