Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management

Neopay

MARCH 4, 2024

Neopay’s suite of services encompasses regulatory compliance, risk assessment, training, and ongoing support, enabling firms to stay abreast of evolving regulatory landscape and proactively address compliance challenges.

Compliance

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

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance.   Risk mitigation : Thorough   vendor evaluation   and ongoing monitoring can minimize the risks associated with disruptions, delays, or subpar product or service quality.

Risk Mitigation

PYMNTS

APRIL 3, 2019

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. Technology, Partnerships Address the Gaps. ”

Small Business

Neopay

JUNE 27, 2024

This includes conducting a thorough risk assessment, implementing appropriate risk controls and establishing effective monitoring mechanisms. Provide a clear overview of your risk appetite and mitigation strategies to demonstrate a proactive approach to risk management.

Financial Crimes

Nanonets

JULY 25, 2023

Risk Assessment: Financial data analysis also plays a crucial role in assessing and managing risks. Through techniques like variance analysis, sensitivity analysis, and stress testing, analysts can identify potential risks and their impact on financial outcomes.

Financial Analysis

PYMNTS

JUNE 14, 2016

And yet livestock was the go-to metaphor for Pat Grady of Sequoia Capital when he addressed a FinTech conference recently. . While some lenders actually embrace the practice, viewing it as a form of loan consolidation, others argue the practice can obscure the true risk of a borrower.

Risk

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims.

Automation

FICO

MAY 22, 2017

While a few have been critical that it was not bold enough, most reviewers seem to be endorsing the main message, both for what it does (initiating broad self-assessments by agencies), and for what it does not do (consolidate all accountability in the DoD). This, of course, requires an assessment of risk.

Cybersecurity

Fintech Review

FEBRUARY 25, 2025

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.

Finance

The Payments Association

MAY 14, 2025

Both Palmer and Attwal emphasised the central role of intelligent compliance technologies in enabling this shiftnot just as risk mitigators, but as enablers of sustainable cross-border growth. This includes visibility into documentation, rule application, and risk assessments.

Cross-Border Payments

The Payments Association

MAY 19, 2025

Butand it is a big butseveral issues must be addressed." From a strategic perspective, the UK government aims to balance innovation with risk mitigation, ensuring the country remains globally competitive while reinforcing its reputation as a safe, credible jurisdiction for digital financial services.

Compliance

Fintech News

FEBRUARY 11, 2025

According to Deloitte , the financial services sector is one of the largest adopters of artificial intelligence (AI) , with over 60% of financial institutions leveraging AI-powered solutions for decision-making, risk assessment, and automation. They can also work together to establish AI risk assessment methodologies.

AI