Fintech News

NOVEMBER 27, 2024

By integrating Elliptic’s cutting-edge blockchain analytics with Sumsub’s trusted verification and compliance platform, we’re empowering businesses to proactively address risks, protect their users, and stay ahead of regulatory demands.” said James Smith, Co-founder of Elliptic. said Ilya Brovin, Chief Growth Officer at Sumsub.

Crime 113

Crime Financial Crimes Travel Rule Blockchain 113

The Fintech Times

NOVEMBER 18, 2024

Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022 , and the digitisation of payment flows.

ISO 20022 64

ISO 20022 Technology Real Time Payments ISOs 64

Fintech News

JANUARY 22, 2025

Its payment orchestration platform, Payment Air Controller (PACO), addresses challenges unique to the airline industry, including managing currency conversion fees, optimizing transaction costs, synchronizing booking channels, mitigating fraud risks, and accommodating diverse payment preferences.

Payment APIs and Integration 117

Payment APIs and Integration eWallet SARS Privacy 117

FloQast

APRIL 30, 2024

At their core, compliance programs are tasked with identifying and mitigating risks that could cripple organizations, from financial irregularities to data breaches. Conclusion: A Call to Action The challenges outlined above underscore the urgent need for organizations to address the pressures facing their compliance programs.

Compliance 105

Compliance Addressing Audit Risk 105

Fintech Finance

NOVEMBER 14, 2024

Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the digitization of payment flows. “In

Real Time Payments 98

Real Time Payments ISO 20022 Technology Payments 98

The Fintech Times

DECEMBER 18, 2024

In this context, CBI advocates for a flexible, modern, and transparent approach to effectively address evolving market demands. This verification process, compliant with the Instant Payment Regulation, is crucial in mitigating fraud, preventing payment errors, and ensuring that funds are accurately directed to the intended recipients.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fi911

DECEMBER 3, 2024

By setting a cap on the number of transactions a user can initiate within a specific period, velocity checks aid in reducing the incidence of fraud, thereby mitigating potential losses to merchants. For instance, the Address Verification Service, CVV verification, geolocation, proxy piercing, biometrics, and more.

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

Fintech Finance

FEBRUARY 5, 2025

Fraud Prevention and Cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world. Interactive workshops and merchant-specific roundtables will enable participants to gain hands-on experience and address unique challenges relevant to their sectors.

Embedded Finance 75

Embedded Finance Fraud Prevention Payments Cybersecurity 75

Fi911

DECEMBER 31, 2024

Implement Secure Payment Solutions : Adopt fraud prevention tools like CVV verification, address verification service (AVS), and 3D Secure to mitigate the risk of unauthorized transactions. The post What is a Chargeback Rate? appeared first on fi911blog.

Disputes 98

Disputes Processors Visa Verification 98

Fintech Finance

MARCH 10, 2025

However, their emergence doesn’t address the underlying challenges, such as legacy systems, that more than a decade of rapid change has created across the acquiring business. ” The post BPC Launches New Report Exploring the Future of Next-Generation Acquiring in the Digital Economy appeared first on FF News | Fintech Finance.

Acquirers 80

Acquirers Economy Fraud Prevention Cross-Border 80

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. Conduct audits periodically post-partnership.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Fintech Times

MARCH 28, 2025

Their expertise in mitigating bank rejections and commitment to improving acceptance rates have allowed us to provide our customers with a frictionless, reliable payment experience. This collaboration is addressing key pain points in our payment journey and enabling our continued growth and success.

Process 71

Process Payments Mitigation Payments Tools 71

The Fintech Times

MARCH 7, 2025

Firstly, it will mitigate fraud through unified and secure data sharing that will disrupt fraud networks and close exploitable gaps. These challenges must be addressed if we’re to support the government in its mission to deliver economic growth and safeguard the UK’s reputation as a safe place to do business.

Compliance 96

Compliance Financial Crimes Crime Governance 96

VISTA InfoSec

OCTOBER 21, 2024

As financial institutions increasingly rely on digital infrastructure to enhance operations, customer experience, and security, they also face growing challenges in mitigating the risks that come with it, such as cyber threats, system failures, and other operational vulnerabilities.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

The Fintech Times

JANUARY 21, 2025

Organisations that have embraced these solutions are better equipped to navigate evolving regulations and mitigate risks.” Tailoring solutions to industry-specific risks enables companies to address their unique regulatory challenges more effectively. It explained that there isnt a one-size-fits-all solution.

Regulations 72

Regulations Financial Crimes Money Laundering Crime 72

The Fintech Times

MARCH 12, 2024

As the world grapples with the increasingly urgent need to address climate change, industries across the board are being called upon to play their part in mitigating its effects. “Insurance companies must step up their efforts to address this challenge. .”

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

The Fintech Times

JANUARY 2, 2025

The partnership leverages DisputeHelps expertise in chargeback and fraud mitigation solutions and PXP Financials payment solutions to provide merchants with a robust tool to safeguard revenue and customer trust. Through a new collaboration, PXP Financial and DisputeHelp are launching Visa’s Compelling Evidence 3.0

Fraud Prevention 59

Fraud Prevention Disputes Issuers Card Issuer 59

The Fintech Times

JANUARY 30, 2025

Fraud prevention and cybersecurity: Developing robust strategies to mitigate risks in a rapidly digitalising world. Interactive workshops and merchant-specific roundtables will enable participants to gain hands-on experience and address unique challenges relevant to their sectors.

Returns 64

Returns Embedded Finance Fraud Prevention Payments 64

Fintech Finance

MAY 20, 2025

Chargebacks911 urges UK businesses to adopt a proactive, data-driven approach to mitigating chargeback fraud. Retain digital evidence of each sale, including delivery logs, IP addresses, and customer interactions. Experts warn that figure could grow even higher in the UK if economic conditions worsen.

Consumer 75

Consumer Disputes Audit Mitigation 75

Fintech News

DECEMBER 22, 2024

However, these bilateral linkages are resource-intensive, a challenge thats being addressed through Project Nexus. On the international front, Singapore has also made progress in cross-border payment linkages with countries including Thailand, Cambodia, Malaysia and India. billion), Amber Group ( US$3 billion ), Coda Payments (US$2.5

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

Fintech News

FEBRUARY 21, 2024

In response, the National Institute of Standards and Technology (NIST) has initiated a global effort to standardise post-quantum cryptography (PQC), which includes identifying quantum-resistant cryptographic algorithms compatible with existing communication protocols to safeguard against CRQC threats.

Third Party Vendors 113

Third Party Vendors Cybersecurity Mitigation Encryption 113

Fintech News

AUGUST 8, 2024

This connectivity is not just a technical necessity but a strategic imperative for seamless settlement, reconciliation and post-trade operations, enhanced transparency, and operational efficiency. Automation through Swift can significantly mitigate these risks, improve efficiency, and support compliance.

ISO 20022 127

ISO 20022 APACS SWIFT ISOs 127

FloQast

JANUARY 22, 2025

We identified areas needing improvement, prioritized them, and allocated resources to address gaps. This measured approach not only mitigates risks, but also unlocks new possibilities for our customers. The post FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting appeared first on FloQast.

ISOs 105

ISOs AI Accounts Audit 105

Fintech News

MAY 29, 2024

This report outlines mitigation measures for government agencies, financial institutions, and Designated Non-Financial Businesses and Professionals (DNFBPs) to address these risks. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 113

Money Laundering Crime Risk Law Enforcement 113

The Fintech Times

MARCH 31, 2025

So we are delighted to support smaller companies as well as larger corporates with this innovative AI driven insurance product, creating pricing mitigations that were previously only available to multinationals and speculators through hedging strategies. ChAIs new insurance product solves this problem.

Risk 64

Risk AI Underwriting Gateways 64

Trade Credit & Liquidity Management

JUNE 2, 2025

Understanding these perspectives helps you identify and address any misconceptions, paving the way for smoother collaboration. Advance notice allows sales to address problems early and maintain customer trust. To receive new posts and support our work, consider becoming a subscriber. Is this post helpful?

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Fintech News

MARCH 21, 2024

SEON’s multi-layered fraud prevention solution employs machine learning and artificial intelligence to safeguard PayLabo users with transaction monitoring, device fingerprinting, and comprehensive assessments to mitigate unauthorised use. The PayLabo platform has been able to offer this to its users since its launch.

Payment Service Provider (PSP) 113

Payment Service Provider (PSP) Fraud Prevention Cybersecurity Mitigation 113

Fintech News

APRIL 25, 2025

Overall, 70% of organizations believe that investing heavily in technology solutions is the best way to mitigate the financial risk of identity fraud, with 74% planning to invest more in identity verification in the future. Early adopters of advanced identity verification technologies are already seeing results.

Deepfake 94

Deepfake APACS Account Takeovers Verification 94

Clearly Payments

NOVEMBER 18, 2024

Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks. Include all required documentation, adhering to card network guidelines.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Neopay

DECEMBER 24, 2024

Proactive prevention: Platforms must take responsibility for monitoring and addressing fraud risks to stop scams at their source. Our tailored services include: Compliance consulting: Develop robust frameworks to address vulnerabilities. Audit services: Identify and mitigate risks in your systems and processes.

Romance Scams 52

Romance Scams Scams Consumer Compliance 52

The Fintech Times

DECEMBER 9, 2024

“Implementing comprehensive risk management strategies and diversifying technological dependencies are essential steps to mitigate the impact of unforeseen incidents, thereby maintaining the stability and reliability of payment systems. How should businesses address this? Any surprising shifts?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

The Fintech Times

MARCH 14, 2025

CPoI will open up internet purchases to all ages and give consumers the highest level of protection when shopping online, whilst revolutionising online commerce for merchants by mitigating fraud, setting a new standard for secure online transactions.” ” Tackling false positives Fraud isn’t the only issue CPoI will address.

Finance 59

Finance Payments Blocks Mitigation 59

Fintech News

APRIL 10, 2024

However, it also acknowledges the challenges in maintaining a stable value, a concern that regulatory bodies around the globe are diligently working to address. The post BIS: Stablecoins Offer Promise, but Need Consistent Regulation appeared first on Fintech Singapore.

Stablecoins 125

Stablecoins Regulations Digital Currency Risk Mitigation 125

Fintech News

DECEMBER 4, 2023

The Network for Greening the Financial System (NGFS) released a new technical document , focusing on the expansion of blended finance in Emerging Market and Developing Economies (EMDEs) for climate change mitigation and adaptation.

Finance 109

Finance Mitigation Central Bank Authorization 109

Neopay

DECEMBER 4, 2024

Addressing these issues effectively requires organisations to share personal information responsibly, ensuring compliance with data protection laws while prioritising public safety. For example, timely sharing of data between telecommunications providers and banks can mitigate risks for individuals exposed to scams.

Scams 52

Scams Fraud Prevention Laws Assessments 52

Finovate

NOVEMBER 14, 2024

“Limited resources, legacy systems, fraud mitigation, and costs to implement new payment services are primary challenges that hinder community-based institutions from adopting instant payment capabilities,” said the Payfinia CUSO General Manager Keith Riddle. Photo by fauxels The post Payfinia Receives $4.5

Credit Union 59

Credit Union Same Day ACH Credit Union Service Organization FedNow 59

EBizCharge

DECEMBER 18, 2024

Here are four main functions and purposes of clearinghouses: Risk mitigation: The clearinghouse aims to mitigate risk by ensuring each party fulfills its obligations to reduce the chances of a party defaulting. These clearinghouses provide stability and mitigate risk in futures markets.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52