VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

FICO

MARCH 25, 2020

By overcoming the information limitations of traditional scoring and utilizing the FICO Score to optimize risk assessment, Home Credit has created a successful credit scoring model and, in the process, provided lending to underserved consumers.”. They are one of our most sophisticated clients in terms of advanced analytics.”.

Risk 97

Risk Point-of-Sale (POS) Financial Inclusion Risk Assessment 97

Fintech Review

APRIL 3, 2025

Our systems are structured to interpret large-scale data inputs, allowing us to manage volatility and risk exposure effectively. William Rieke, whose background includes financial modeling and automation, added, We are applying AI not only to assess sentiment and trends but also to refine execution strategies in real time.

AI 52

AI Risk Management Risk Assessment Assessments 52

The Payments Association

MARCH 18, 2025

Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels. By combining payment flows with broader financial datasuch as rental history, savings patterns, and income variabilitylenders can offer dynamic, real-time credit assessments.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Payments Association

JANUARY 29, 2025

Inadequate risk management and due diligence : Institutions faced challenges in ensuring effective customer risk profiling and due diligence, particularly for high-risk clients and correspondent banking relationships.

Financial Crimes 88

Financial Crimes Crime Due Diligence Money Laundering 88

VISTA InfoSec

MARCH 5, 2024

narrows its target to restrict direct console access in sensitive areas, makes locking unattended consoles an explicit requirement, and adjusts testing to verify this specific locking. certifications too right from scoping to Readiness Assessment, Advisory and Final Certification. Focused testing, still verifying core protection.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Finovate

SEPTEMBER 23, 2024

The technology will also proactively adjust portfolios based on market trends, economic forecasts, and client life changes, continuously aligning investments with a client’s long-term goals. This offers financial institutions an effective way to reduce fraud risks and improve compliance with regulatory requirements.

AI 105

AI Assessments Compliance Adjustments 105

The Fintech Times

JULY 31, 2024

“One of the most meaningful ways we protect our customers and their homes is to work with them to understand and mitigate risk,” said Rebecca L. .” ” With ZestyAI models, carriers are able to move from territory-based segmentation to a property-by-property risk assessment.

Risk 59

Risk AI Risk Assessment Assessments 59

VISTA InfoSec

OCTOBER 20, 2023

Perform ePHI Risk Assessment: Potential Threats: Identify threats to ePHI assets, including natural disasters, technical issues, and security threats. Impact Analysis: Assess the potential impact on ePHI assets post threat identification, considering downtime, data loss, and financial implications.

Disaster Recovery 130

Disaster Recovery Procedures Regulatory Compliance Duplicate 130

Trade Credit & Liquidity Management

JUNE 23, 2025

AI analyzes historical payment data, market intelligence, and financial signals to suggest optimal credit terms, pricing adjustments, and contract conditions so you can protect margins without slowing down growth. The machine learning (ML) engine evolves with every deal, learning from past outcomes to improve risk assessment over time.

CRM 52

CRM AI Risk Micro-Entry 52

Fintech News

OCTOBER 23, 2024

Its unique methodology involves monitoring of approval rate spikes and drops, analysing rejection patterns per channel, card type, merchant, and other parameters, and making timely adjustments in the processing system. Sophisticated payment pathways also apply to fleet acquiring.

Acquirers 116

Acquirers C2B Online and Mobile Banking Risk Assessment 116

Clearly Payments

JANUARY 8, 2024

In this guide, we go into the topics of risk management in payment processing, equipping merchants with the knowledge and strategies needed to secure their transactions. Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management.

Risk Management 97

Risk Management Risk PCI DSS Process 97

PYMNTS

MARCH 23, 2020

“But at the same time, they have all lacked a credible tool to conduct an assessment of these [SMBs] in an independent way.” “We’re be able to source directly from current accounts and have an [SMB] risk score calculated on a daily basis — that’s really amazing.” Expanding The Data Scope.

Underwriting 75

Underwriting Risk Mitigation Risk Assessment Mitigation 75

Nanonets

DECEMBER 13, 2023

AI systems, particularly those incorporating machine learning, can adapt to new regulatory requirements by learning from updated datasets and adjusting their processes accordingly. Risk Assessment and Compliance Prediction: AI can assist in proactively identifying potential compliance risks by analyzing historical data and patterns.

AI 102

AI Process Fraud Detection Compliance 102

Nanonets

SEPTEMBER 27, 2024

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. These include customer applications, financial records, medical reports, and external risk assessments such as geographic or weather-related data.

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

The Fintech Times

AUGUST 28, 2024

Adjusting to MiCA The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins ), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU.

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

Seon

MARCH 20, 2024

Digital Footprinting as a Critical Assessment Tool As businesses bleed five percent of their annual revenues to fraud, the imperative to reassess and fortify their fraud prevention strategies mounts. Conversely, whitebox machine learning provides a transparent and interpretable approach.

Fraud Prevention 98

Fraud Prevention Assessments Phishing Mitigation 98

FICO

MARCH 24, 2021

Apart from identifying money laundering and terrorist financing risks in trade transactions, organizations must also think about potential anti-bribery and corruption concerns, as being pressured to pay bribes can lead to FCPA (Foreign Corrupt Practices Act) violations and hefty fines. . Set clear and realistic priorities.

Money Laundering 98

Money Laundering SARS Fincen Financial Crimes 98

Neopay

MAY 7, 2024

The FCA is also looking to incorporate references to cryptoassets and the Consumer Duty, alongside consequential adjustments throughout the guide. The FCA aims to assist firms in understanding regulatory expectations while empowering them to assess the adequacy of their financial crime systems and controls.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

Fintech News

MAY 16, 2024

FWD Singapore In Singapore, the insurtech sector is leveraging artificial intelligence (AI)-driven risk assessment to transform the insurance industry.

Online and Mobile Banking 116

Online and Mobile Banking Innovation Blockchain Fraud Detection 116

Neopay

DECEMBER 5, 2024

It also introduces new self-assessment questions and emphasises the importance of senior management accountability. Proliferation Financing (PF) In response to the 2022 changes in the Money Laundering Regulations (MLRs), the Guide now explicitly addresses the need for firms to conduct PF risk assessments.

Financial Crimes 52

Financial Crimes Crime Money Laundering Risk Assessment 52

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. For many, that means risk assessments conducted only once a year, a single executive in charge of managing thousands of vendor relationships, and companies that lack visibility into how many suppliers they have.

Risk Management 59

Risk Management Risk Assessments Risk Assessment 59

PYMNTS

OCTOBER 5, 2020

The company aims to eliminate the confusion related to cybersecurity audit and certification processes by assisting companies in scoping correctly-sized audits and dynamically adjusting controls. Chief financial officers (CFOs) have been having a tough time amid the pandemic.

Cybersecurity 56

Cybersecurity Audit Risk Assessment Encryption 56

Seon

JUNE 24, 2024

A critical aspect of cybersecurity, the fundamentals within this realm center on three main components: identifying, assessing and mitigating risks associated with digital identities and access controls across an organization. Employee training on identity risk management best practices strengthens organizational defenses.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

EBizCharge

JULY 22, 2024

Risk Management: Businesses can also proactively assess and manage financial risks associated with marketing campaigns to avoid high-risk investments and ensure financial transparency and accountability, so expenditures align with company objectives.

Risk Assessment 52

Risk Assessment Assessments Risk Finance 52

Fintech News

APRIL 17, 2024

AutoWealth’s personalised risk assessment ensures that investors are matched with portfolios that align with their risk tolerance and investment goals. The platform offers globally diversified portfolios invested in low-cost Exchange Traded Funds (ETFs), providing investors with exposure to a broad range of asset classes.

Advisors 126

Advisors Online and Mobile Banking Risk Returns 126

The Payments Association

MAY 16, 2025

These developments will impact merchant compliance, cost structures, customer experience, and operational risk. Merchants should assess exposure, engage with providers, and begin implementation planning ahead of key deadlines. Next steps/action required: Conduct a comprehensive fraud risk assessment across all channels and partners.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Fintech News

JULY 4, 2024

The insurance industry stands to benefit from AI’s prowess in risk assessment and claims processing, while asset managers can leverage AI for more sophisticated portfolio allocation and algorithmic trading. One promising application is in ‘nowcasting’ – using real-time data to assess current economic conditions.

Central Bank 102

Central Bank AI Correspondent Bank Correspondent 102

Neopay

JUNE 27, 2024

It is crucial to conduct a thorough assessment of your financial position and ensure that you meet the minimum capital requirements. To demonstrate financial adequacy, firms should consider the following: Capital Planning: Develop a robust capital planning strategy that takes into account potential risks and contingencies.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Fintech Times

JUNE 19, 2025

. “It enables hyper-personalised, real-time quoting by analysing data like credit scores, claims history, car model, and local crime rates to build precise customer risk profiles. “In In claims, AI is accelerating resolution by automating triage – assessing who, what, when, and even recommending outcomes.

AI 51

AI Risk Consulting Automation 51

Nanonets

FEBRUARY 9, 2024

In addition to validating management's understanding of their responsibility, 404A also requires an objective assessment of the company's ICFR. An assessment of how adequate internal controls were for the preceding period. A methodology statement detailing how the company determines control efficacy. What is an ICFR Audit?

Audit 52

Audit Risk Assessment Assessments Procedures 52

The Fintech Times

MARCH 12, 2024

. “The use of targeted geospatial data at point of quote through data enrichment or in map form through geospatial data visualisation tools such as LexisNexis® Map View, is helping to identify customers and properties at present or future risk – from flood to subsidence to windstorm activity.

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

Nanonets

AUGUST 1, 2023

Internal audits play a crucial role in assessing a company's internal controls, corporate governance, and accounting processes. Artificial Intelligence (AI): AI is transforming the landscape of internal audit, empowering auditors with intelligent tools that revolutionize risk assessment, anomaly detection, and predictive modeling.

Audit 52

Audit Automation Bots Risk Assessment 52

PYMNTS

NOVEMBER 26, 2018

In addition to assessing how many members of the C-Suite have accounting experience, the researchers looked at other data points, including executive pay, complexity of company finances, financial performance and more. Newton of Florida State University examined data from 3,252 public companies over a 10-year period.

Compromise 51

Compromise Accounts Audit Risk 51

Seon

APRIL 11, 2024

Speak with an Expert Enhancing Risk and Fraud Assessment Through FRAML When a risk team needs to assess an individual, they would first look into traditional AML checks, such as sanctions, politically exposed persons (PEPs), and crime and financial watch lists for hits to inform their investigation.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

Nanonets

AUGUST 1, 2023

Risk Assessment: Audit automation helps auditors assess risks more effectively by identifying potential red flags and areas of concern within the data. It enables a more comprehensive and targeted risk assessment process. This iterative approach drives continuous improvement in audit practices.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40