The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. The post AU10TIX Aims to Reduce Operational Risk for Businesses With New AML Solution appeared first on The Fintech Times.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

PYMNTS

SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. Stronger passwords. ” The U.S.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

The Fintech Times

JULY 29, 2024

They invest in advanced cybersecurity protocols to safeguard sensitive information and employ AI-driven algorithms for continuous monitoring and risk mitigation. Successful platforms embrace new technologies and business models, improving services to meet evolving consumer and regulatory demands, staying ahead in a fast-paced industry.

FinTech 69

FinTech Due Diligence Cybersecurity Risk Mitigation 69

The Fintech Times

MAY 25, 2024

” More exposure Saleh continues: “The SEC’s move is another sign of the growing appetite for crypto ETFs and could introduce fresh demand pressure on Ethereum spot prices, since exposure to Ethereum would be opened to a wider pool of investors. But how is this approval different to Bitcoin’s in January?

Bitcoin 72

Bitcoin Cryptocurrency On-Demand Risk 72

PYMNTS

OCTOBER 7, 2016

” Regulatory requirements, risk mitigation, security measures and borrower satisfaction all pressure banks to grasp the power of data analytics. . “Having access to those kind of analytics makes for a powerful differentiator as well.” ”

Origination 78

Origination Underwriting Third-Party Service Provider Risk Mitigation 78

PYMNTS

OCTOBER 14, 2019

On top of geopolitical factors, there are a slew of risks facing supply chains from many angles, as Resilinc Co-founder Sumit Vakil recently told PYMNTS. “If you go a little deeper, into suppliers’ suppliers (Tier 2 and [Tier] 3 suppliers), then the risk increases.” ” Take the compliance risk, for example.

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

PYMNTS

JUNE 17, 2020

Gianluca Pizzituti , CEO and co-founder of invoice financing platform Velotrade , told PYMNTS about the risks financiers must mitigate in the trade finance arena, the role of data in mitigating those threats, and the evolving role of invoice finance to help B2B companies endure the most volatile market many have seen in years.

Finance 68

Finance Mitigation B2B Underwriting 68

PYMNTS

APRIL 22, 2019

The Center intends to guide its collective financial institution (FI) and corporate members, represented by the associations, in addressing key challenges in today’s market. Since these transactions are irrevocable, pre-transaction authorization and Know Your Customer (KYC) checks are even more essential in the risk mitigation process.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

JANUARY 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. “These are things that we think will force, essentially, B2B to leapfrog B2C,” he said, pointing to the higher demands of the B2B world that need to be addressed. Betting On Blockchain.

B2B 78

B2B Blockchain B2C Use Case 78

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

PYMNTS

APRIL 27, 2016

More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

PYMNTS

OCTOBER 6, 2016

“Same-day is an improvement, but we don’t believe it will keep up with consumers’ and businesses’ expectations for on-demand payments.” Rosenthal said, however, that corporates have expressed interest and excitement in SWIFT”s solution and the way it addresses all of these points of friction.

SWIFT 75

SWIFT Global Payments Innovation Cross-Border 75

Faster Payments Council

SEPTEMBER 23, 2023

The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. Their aim is to educate the industry on the inhibitors to faster payments adoption.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

NOVEMBER 19, 2020

There is a balance that must be struck between an agile procure-to-pay process and ensuring proper risk mitigation tactics. Practically, we've seen large buyers looking to simplify their onboarding requirements where appropriate for their lower-risk suppliers, which helps everyone to move faster," said Howsam.

Small Business 60

Small Business Mitigation Risk Mitigation Adjustments 60

The Fintech Times

JUNE 3, 2024

Together, these cross-silo voices must help design a tailored strategy to enhance productivity and address specific challenges, fostering a sense of collective ownership and contribution. Step 4: Risk mitigation Business value stems from genAI and LLMs being baked into the technological fabric of a given financial service.

AI 69

AI Risk Mitigation Assessments Consulting 69

The Fintech Times

DECEMBER 9, 2023

To meet the demands and needs of customers in 2024, banks and financial services need to shift from reactive to proactive. The integration of data, AI, and scalable technologies will be explored to optimise risk and opportunity, challenging the traditional paradigm where risk mitigation often takes precedence.

Consumer 111

Consumer Financial Literacy Regulations AI 111

PYMNTS

NOVEMBER 15, 2016

But for lenders in this space, the B2B payments behaviors of these firms can make risk mitigation and creditworthiness assessments particularly challenging — especially today. But in some niche markets, particular cash flow characteristics may be best serviced by an expert. The firm targets digital media businesses.

Cash Management 65

Cash Management Risk Mitigation B2B Disputes 65

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

PYMNTS

APRIL 3, 2019

The demand for cyber insurance is on the rise, with the sector expected to reach a $7.5 The cyber insurance market is an emerging sector, Sayata Labs CEO and Co-Founder Asaf Lifshitz explained in a recent interview with PYMNTS, and insurance providers are facing some tough hurdles in underwriting and risk mitigation.

Small Business 63

Small Business Underwriting Risk Cybersecurity 63

PYMNTS

JULY 17, 2019

Loan portfolio data and access to “multidimensional analytics” about lending operations and risk exposures is essential to banks and other financial institutions in their quest to balance access to capital with risk mitigation. On top of that balancing act is the rising pressure of regulatory compliance, too.

Risk 52

Risk Compliance Risk Mitigation Mitigation 52

PYMNTS

MARCH 16, 2018

APIs enable FinTechs to address the particular points of friction in corporate finance, and financial institutions today have begun to understand that they can focus on their own core competencies while collaborating with other companies that have their niche specialties too. It’s a sentiment echoed throughout the B2B FinTech market.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

MAY 10, 2018

.” Today, however, banks show signs of a struggle when it comes to meeting the increasing demand for digital services among their corporate and small business clientele. Rising Risks, Demand For Digitization: A Double Threat. In October, bad loans hit $145.56 percent increase from the start of the year. Choosing a Path.

SWIFT 40

SWIFT Risk Mitigation Mitigation On-Demand 40

PYMNTS

DECEMBER 17, 2019

Today, there are two key methods for how a company can address the pain point of checks. They expose businesses on both the sending and receiving end to security and fraud risks, they’re difficult to reconcile and they do not make transaction data readily available for reconciliation and analytics purposes. The Check-To-ACH Migration.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud. .

Risk 59

Risk Financial Crimes AML Risk Management 59

PYMNTS

MAY 7, 2020

This week’s examination of the convergence of AR and AP systems explores how FinTech is stepping in between B2B transactions to foster that buyer-supplier relationship by addressing friction on both sides. Gilded Eyes AR To Support AP Demand. Fintainium, CIT Team For SMB Cash Flow. Qwil Enables Vendors To Choose Payment Terms.

Payer 60

Payer Digital Currency B2B Accounts 60

Segpay

JANUARY 10, 2025

This is especially true for high-risk industries like adult content, online gaming, or CBD products, where finding reliable payment processing can be a significant challenge. Online Gaming : High volumes and strict compliance demands. What Sets High-Risk Payment Processors Apart? Why Was My Merchant Account Shut Down?

Processors 52

Processors Accounts Payment APIs and Integration Risk 52

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance. Evaluating potential suppliers through a rigorous qualification process can help mitigate risks and ensure that they align with the business objectives and values.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

PYMNTS

JUNE 26, 2019

Indeed, a legal cannabis product may receive significant hype and demand, further enticing manufacturers and sellers to be less than genuine with the products their labels claim to be selling. This is the pain point that LeafWorks aims to address with its recently announced Supply Chain Certification solution.

Legal 44

Legal Mitigation Verification Risk Mitigation 44

FICO

JUNE 25, 2020

However, the advanced approaches and technologies used by these top companies did mean they knew how to pivot and address the situation the best they possibly could. As the pandemic took hold, container ships got parked, factories across the world shut down and demand fell off a cliff to settle in a new and still unclear steady state.

Risk 52

Risk On-Demand Credit Risk Mitigation 52

PYMNTS

MARCH 27, 2019

“Banks that take a strategic approach towards regulatory reporting understand that they have access to a goldmine of reconciled, granular information that, if extracted properly, can meet the twin demands of regulatory compliance and better insights to compete in the commercial landscape,” Verboven told PYMNTS in a recent interview.

Compliance 46

Compliance Regulatory Compliance Regulations Risk Mitigation 46

FICO

MARCH 9, 2022

Both bank and card providers have moved quickly to implement additional security measures that address fraudulent activity, namely in the form of new authentication methods. This channel is known for its security risks, having continued to prove vulnerable to scammers and criminals. When Fraud Controls Cause Irritation . Conclusion.

Fraud Prevention 59

Fraud Prevention Scams Online and Mobile Banking Account Takeovers 59

PYMNTS

AUGUST 1, 2018

As corporate treasurers grapple with the ever-increasing demands of their role in the enterprise, many of their new responsibilities involve complex management of finances, particularly when it comes to foreign exchange (FX) risk exposures — especially in today’s volatile times. Trade disputes involving the U.S.,

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

PYMNTS

MARCH 15, 2017

Scotland Demands Independence. And one area that needs to be addressed is stability in the processes that businesses use for cross-border payments. Britain is moving closer and closer to the reality of operating in a post-Brexit world as the ‘Brexit bill’ proceeds for Royal Assent. ” The Profound Impact On Corporate Payments.

Cross-Border Payments 41

Cross-Border Payments Cross-Border B2B Payments 41

The Fintech Times

JUNE 5, 2025

Our partnership with Spayce unites robust payment infrastructure with ThetaRays Cognitive AI to deliver proactive risk mitigation, greater transparency, and the trusted cross-border transactions needed to power global growth. The upgrade introduces ISO 20022 compatibility, improved performance and enhanced observability features.

ISO 20022 59

ISO 20022 Cross-Border Cross-Border Payments Online and Mobile Banking 59

PYMNTS

MARCH 14, 2017

And one area that needs to be addressed is stability in the processes that businesses use for cross-border payments. Forty percent of businesses said their current financial service provider cannot help in their international expansion, while nearly half said their current provider does not offer FX tools like analytics and risk mitigation.

Cross-Border Payments 41

Cross-Border Payments Cross-Border B2B Payments 41

PYMNTS

JULY 3, 2018

But SMB loan underwriting at traditional FIs has, for the most part, remained unchanged, even as alternative lenders began exploring the role of alternative data in the risk mitigation process. The issue at hand, however, is that Facebook stats are hardly reliable to traditional lenders mitigating the risk of small business borrowers.

Underwriting 40

Underwriting Small Business Assessments Third-Party Service Provider 40

FICO

JANUARY 7, 2021

Leaders will: have a real-time strategic map of their supply chain network, which they will stress-test using scenarios; demand more transparency from their suppliers, and share risk and resiliency with their customers; use that understanding as a lever to reduce their cost of capital. How Do You Improve Supply Chain Resiliency?

AI 52

AI Posting On-Demand Due Diligence 52