Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. 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

Fintech Review

MARCH 25, 2025

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.” Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co

Risk 52

Risk Assessments Risk Management Blockchain 52

VISTA InfoSec

NOVEMBER 4, 2024

It helps the organization systematically address potential vulnerabilities and enhance cyber resilience. This comprehensive assessment identifies any discrepancies between your existing frameworks and the regulatory standards, enabling you to pinpoint areas that require enhancement.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

Fintech Review

APRIL 3, 2025

Dynamic Risk Management : Trades are supported by automation tools, including stop-loss mechanisms and dynamic leverage adjustments based on real-time risk assessments. Customized Trading Portfolios : Portfolios are tailored to the specific financial objectives and risk tolerance levels of HNWIs.

AI 52

AI Risk Management Risk Assessment Assessments 52

VISTA InfoSec

OCTOBER 7, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

Fintech News

FEBRUARY 10, 2025

The Regulatory Minefield as Agentic AI Picks Up Its Pace As Agentic AI rapidly evolves in its development and application, regulators face several concerns that need to be carefully addressed to ensure its safe and ethical use within the fintech sector. appeared first on Fintech Singapore.

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

VISTA InfoSec

MARCH 6, 2024

In this post, we’ll break down the key changes to Requirement 10 from PCI DSS 3.2.1 Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 Maintains the risk assessment step. assessment. No Changes.

PCI DSS 130

PCI DSS Procedures Best Practices Assessments 130

Fintech News

MARCH 31, 2024

These institutions will participate in the initial phase of the platform, which currently focuses on addressing three main risks: the misuse of legal entities, trade finance exploitation for illicit purposes, and proliferation financing.

Financial Crimes 113

Financial Crimes Crime Money Laundering Law Enforcement 113

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. Other high-risk sectors include real estate, licensed trust companies, casinos, and precious metals.

Money Laundering 109

Money Laundering Risk Crime Law Enforcement 109

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. This approach introduces inefficiencies and jeopardizes compliance integrity and visibility, posing significant risks to overall business performance.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. It also enhances trading strategies significantly.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

Fintech News

MARCH 3, 2024

Cindy, who brings over three decades of experience in the compliance sector, will spearhead the company’s efforts in regulatory compliance, policy formulation and execution, risk assessment, and business advisory to support FOMO Group’s expanding operations. She has previously served as the Chief Control Officer at Bank J.

Compliance 109

Compliance AML Money Laundering Risk Assessment 109

Fintech Finance

DECEMBER 6, 2024

The combined solutions protect the entire digital payments environment through identity verification and fraud risk assessment while preventing chargebacks through order validation and alerting services. Latin America has one of the highest fraud rates globally, with studies showing that merchants are losing upward of 4.6%

Visa 98

Visa Fraud Prevention Risk Assessment Payments 98

Finovate

JANUARY 15, 2025

” The panel will look at the rise of lending integrations, the role of AI in risk assessment, embedded finance regulation, and more. Here are two particular panels that will address the top concerns: Payments power panel titled, “The payments market is estimated at $2.85 trillion in 2024 and is expected to reach $4.78

Embedded Finance 52

Embedded Finance FinTech Payment APIs and Integration AI 52

Fintech News

MARCH 20, 2024

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. The post Sumsub Combats Fraud Networks in APAC With Upgraded Solution appeared first on Fintech Singapore. said Vyacheslav Zholudev, CTO and co-founder of Sumsub.

APACS 109

APACS Fraud Prevention Deepfake Account Takeovers 109

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. The post Improving Onboarding, User Data Checks and Identifying Fraud, Cashfree Payments Launches Secure ID appeared first on The Fintech Times.

Checks 69

Checks Security Risk Assessment Payment APIs and Integration 69

VISTA InfoSec

OCTOBER 20, 2023

While entities can choose their methods for HIPAA disaster recovery planning, HIPAA mandates basic requirements in section 164.308(a)(7)(ii) , requiring organizations to address certain aspects. Testing and Revision Procedures (Addressable) : Enforce strategies for regular testing and modification of contingency plans.

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

Fintech Finance

AUGUST 2, 2024

Post-Execution Monitoring: ClienTek ML analyzes and scores client transaction behavior post-execution. Transaction Screening: ScreenTek ML integrates name screening, payment component screening, and address screening, using Natural Language Processing (NLP) and Machine Learning (ML).

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

PYMNTS

APRIL 12, 2018

The first quarter can be even more chaotic than the holidays for some companies — or, at least, it brings its own post-holiday flavor of chaos. Enrico said the customer success team has also been making the industry conference rounds, where many corporates are beginning to show interest in email as a risk assessment tool.

Posting 40

Posting Risk Assessment Assessments Risk 40

Fintech Review

FEBRUARY 6, 2025

Operational efficiency with AI-powered risk assessment designed to reduce false positives and associated costs. ” The partnership offers financial institutions the following benefits: Proactive fraud prevention with real-time AI-powered behavioral analysis across all digital channels. Users can visit www.backbase.com for more.

Financial Crimes 52

Financial Crimes Crime Fraud Prevention Risk Assessment 52

Fintech Labs Insights

OCTOBER 13, 2015

In the agreement, both companies will leverage the other’s unique security layer to combine email risk assessment with fraud scoring. Emailage, which debuted at FinovateSpring 2015 , offers a tool that assesses the risk associated with an email address. Feedzai made its European debut at FinovateEurope 2014.

Risk Assessment 26

Risk Assessment Assessments Risk Fraud Prevention 26

Fintech Finance

SEPTEMBER 18, 2024

Checkout.com’s comprehensive global acquiring and processing capabilities, alongside their commitment to cost optimization, and enhancing payment performance, uniquely positions the business to address these challenges effectively.

B2B 98

B2B Reconciliation Payments Risk Assessment 98

Fintech News

OCTOBER 23, 2024

To address this challenge, Nexi, Europe’s largest omnichannel acquirer by the number of clients, replaced multiple legacy acquiring systems with a unified Way4 platform. The post Is Your Acquiring Platform Truly Omnichannel? Amidst the pandemic constraints in 2019, the migration was completed in just nine months.

Acquirers 120

Acquirers C2B Online and Mobile Banking Risk Assessment 120

The Fintech Times

JULY 31, 2024

As natural catastrophes, including wildfires and convective storms, become more frequent and severe, insurers are looking for new ways to accurately predict and proactively address the growing threat of climate risk. Recognising this, ZestyAI provides property-specific data to help insurers determine the true risk for each property.

Risk 59

Risk AI Risk Assessment Assessments 59

FICO

JANUARY 8, 2019

Here are the five posts with the most views. Read the full post. Read the full post. Read the full post. Prior to FICO World 2018, Gerald Fahner wrote about the presentations that he would be giving at the event, which looked at how advances in artificial intelligence and machine learning change credit risk assessment.

Compliance 40

Compliance Posting Risk Risk Assessment 40

Fintech News

SEPTEMBER 9, 2024

These companies are leveraging their strong European foundations to address local needs and adapt to regional regulatory environments. The company aims to address the challenges faced by Japanese investors, including the lack of comprehensive screening information.

APACS 117

APACS FinTech Assessments Risk Assessment 117

Cardfellow

APRIL 27, 2025

standards push for more proactive security that keeps pace with the changing nature of security risks and fraud. Youll need to document your reviews, including any identified risks and what changes youve made (if any) to address those risks. You can also choose to do risk reviews when potentially-impactful events happen.

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Fintech News

MARCH 20, 2024

Zero Downtime: Ensuring continuous banking operations Huawei addresses the challenge of zero downtime through its deployment of advanced, multi-active system architecture (MAS) solutions, such as its distributed database and cloud-native infrastructure. Resilience is vital to the banking industry’s future development.

Cybersecurity 117

Cybersecurity On-Demand Database Automation 117

Clearly Payments

JANUARY 8, 2024

Merchants must familiarize themselves with the diverse risks associated with payment processing, encompassing fraud, chargebacks, and cybersecurity threats. Conducting a thorough risk assessment tailored to the specific nature of the business is essential. Chargebacks are generally the biggest concern that most merchants have.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Fintech Review

FEBRUARY 13, 2024

Regulatory Frameworks Developing adaptable regulatory frameworks is essential in addressing the rapid pace of fintech innovation while ensuring consumer protection. Traditional financial regulations often fall short in addressing the unique challenges presented by fintech innovations.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

The Fintech Times

JANUARY 28, 2025

It’s about touching lives, addressing some of the world’s greatest injustices, and leveraging technology for the greater good. This can help address the difference in gender response to job applications and level the playing field for applicants. Simply put, they have the capability; they lack the courage.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

FICO

MARCH 24, 2021

These include: Post-pandemic shift to a new world order with associated changes to the relative importance of different currencies. New tools and technologies that could address challenges related to TBML—such as the use of fraudulent documentation and the general lack of visibility in trade transactions. by Claudia Huesmann.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

Neopay

MARCH 7, 2024

In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1 firms. It is imperative for these firms to promptly address any identified shortcomings to align with regulatory expectations. These must be addressed.”

AML 52

AML Financial Crimes Crime Risk Assessment 52

FICO

APRIL 6, 2018

How are advances in artificial intelligence and machine learning changing credit risk assessment? Using AI to Address Affordability in Credit Decisions. The post FICO Scores, Artificial Intelligence and Machine Learning appeared first on FICO.

Credit Risk 89

Credit Risk Risk Assessment AI Risk 89

The Fintech Times

MARCH 25, 2024

This movement isn’t simply about the adoption of cutting-edge technologies; it signifies a profound reimagining of financial services provision aimed at cultivating innovation, driving efficiencies and addressing the evolving needs of consumers.

Finance 115

Finance Regulatory Compliance On-Demand Compliance 115

The Fintech Times

APRIL 24, 2025

In his new role, he will focus onscaling Commvaults channel ecosystem and supporting partners in EMEAs emerging markets to address escalating cyber threats and cloud adoption challenges. The post This Week in Fintech: TFT Bi-Weekly News Roundup 24/04 appeared first on The Fintech Times.

FinTech 59

FinTech Cross-Border Payment APIs and Integration Multi-Currency 59