The Payments Association

JULY 18, 2025

They must also formally allocate safeguarding oversight to a designated individual and demonstrate robust due diligence when selecting safeguarding banks, custodians, and investment arrangements for relevant funds. Implement advanced scenario-based digital operational resilience testing (TLPTs) by 2026 for high-impact entities.

Regulations

The Fintech Times

JULY 9, 2025

However, another FCA investigation into a challenger bank could wipe out some of the ground they’ve gained, so all digital-first players need to ensure they’re not sacrificing due diligence in pursuit of growth. Consequently, this could drive consumers to trust the bank, providing bad press doesn’t become a regular occurance.

Financial Crimes

Cardfellow

MAY 21, 2025

Since this is a response to specific transactions and does not prevent you from accepting cards in general, holds are not the focus of this article. You can read more in our article on merchant account holds. However, later on they will likely realize it and close your account due to being a prohibited business type.

Accounts

Payments Dive

JULY 7, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Shift4 strategy segues with Global Blue The deal is a departure from the company’s typical blueprint for acquisitions, according to analysts.

Tax Refunds

Fintech Weekly

JULY 27, 2025

Founders must also ensure transparent financials, meaning meticulous and auditable statements that can withstand intense public scrutiny and detailed due diligence. Carl Niedbala Monday, July 28th 2025 07:50 AM Fintech IPOs face tougher scrutiny, rising risks, and new investor expectations.

Checks

Fintech Weekly

JULY 17, 2025

Related Articles Regulation FinTech Alliance PH Pushes for Tighter Oversight on Online Gambling Platforms FinTech Alliance PH backs stricter e-gambling rules, urging improved regulation, due diligence, and public education to protect Filipino consumers. Because of its distributed ledger system, Blockchain.

Blockchain

Fintech Weekly

JUNE 12, 2025

Regardless of what industry you are in, the key is that innovation and regulatory due diligence move at the same pace. Full Article The cyber security landscape in financial services Olivia Scott The financial sector is fighting a constant battle, and not just for market supremacy. In fact, the most critical battle.

FinTech

VISTA InfoSec

JUNE 26, 2024

This article highlights the need for robust cybersecurity strategies and how these can determine investment decisions. As an investor, due diligence in cybersecurity involves examining several areas. Thus, due diligence in evaluating a company’s cybersecurity posture is crucial for an investor. 5 / 5 ( 1 vote )

Cybersecurity

VISTA InfoSec

NOVEMBER 4, 2024

Define the scope of compliance As per Article 2 , there are a number of financial entities and non-financial entities like ICT- third-party service providers that fall under the DORA scope. Identify key third-party ICT providers DORA compliance places a significant emphasis on third-party risk management as outlined in Article 28.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

Define the scope of compliance As per Article 2 , there are a number of financial entities and non-financial entities like ICT- third-party service providers that fall under the DORA scope. Identify key third-party ICT providers DORA compliance places a significant emphasis on third-party risk management as outlined in Article 28.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

Define the scope of compliance As per Article 2 , there are a number of financial entities and non-financial entities like ICT- third-party service providers that fall under the DORA scope. Identify key third-party ICT providers DORA compliance places a significant emphasis on third-party risk management as outlined in Article 28.

Compliance

VISTA InfoSec

NOVEMBER 4, 2024

Define the scope of compliance As per Article 2 , there are a number of financial entities and non-financial entities like ICT- third-party service providers that fall under the DORA scope. Identify key third-party ICT providers DORA compliance places a significant emphasis on third-party risk management as outlined in Article 28.

Compliance

Stax

NOVEMBER 27, 2023

From EDD and eKYC to AML to CDD, we’re going to cover everything you need to know about KYC in this article. it’s the opposite: customer due diligence is an ongoing process that is a part of the KYC requirements, which in turn is part of the broader anti-money laundering (AML) regulations set in place for financial institutions.

Due Diligence

Segpay

NOVEMBER 26, 2024

This process, known as Customer Due Diligence/Know Your Customer (CDD/KYC) is a regulatory requirement aimed at the detection and prevention of money laundering (AML), fraud and other illegal activities.

Verification

The Payments Association

OCTOBER 11, 2024

What is this article about? Tighter oversight of third parties: When firms engage third parties to manage safeguarded funds, stricter due diligence and diversification will be required , reducing third-party failure risks. He says: “I think the onus will be on doing appropriate due diligence at the start.

Due Diligence

VISTA InfoSec

NOVEMBER 7, 2023

However, despite this, there is still confusion surrounding the mechanism and how it adds to cyber defense. This article unravels the mysteries of MFA and how it can be used to strengthen cyber defenses. Additionally, organizations need to comply with data privacy requirements including understanding Digital Personal Data Protection.

Authentication

Fi911

MARCH 14, 2024

Necessary Documentation to Provide a MID to a Merchant Before issuing a merchant identification number, banks or payment processors need to conduct due diligence to verify the legitimacy and financial stability of the merchant.

Due Diligence

Neopay

JANUARY 25, 2024

It also introduced new provisions in Article 19b to Directive (EU) 2015/849, mandating the EBA to clarify the due diligence requirements CASPs should apply in high ML/TF risk situations, and when entering into correspondent relationships with respondents that are CASPs from non-EU countries.

Service Provider

Trade Credit & Liquidity Management

MAY 27, 2025

There are many inherent risks if you do not perform a thorough due diligence at the outset of a business relationship or when a customer’s ownership changes. Complete a thorough due diligence: Understand the nature and purpose of the seller/customer relationship. Seek and verify valid financial references.

Due Diligence

FICO

JULY 14, 2016

In another example, a Wall Street Journal article on terrorism financing said: “[Suspicious activity report] filings on customers—arriving at the rate of 55,000 a day—come largely from banks and money-service businesses, but also casinos, stockbrokers and insurance companies.

Financial Crimes

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. Thorough due diligence, technology, and adherence to regulatory guidelines are essential in a PayFac’s risk management strategy. The due diligence doesn’t stop at onboarding.

Risk Management

The Payments Association

OCTOBER 14, 2024

What is this article about? By sharing costs, the regulations aim to encourage receiving firms to strengthen their transaction monitoring systems and customer due diligence processes to detect potential fraud before funds are transferred out of reach. This article outlines key changes and steps firms must take to comply.

Caps

FICO

DECEMBER 6, 2019

This Guardian article from June lays out in frightening detail just how easy it is and how widely it is used by money launderers. It is the responsibility of the banks that provide those services to carry out due diligence, to meet their legal obligations under AML regulation.

AML

Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Ensure proper customer due diligence, including identity verification and risk assessment. According to a UN report, money laundering activities of about $1.6 of global GDP. Let’s get started.

Money Laundering

The Fintech Times

FEBRUARY 4, 2024

In May 2023, a group of paytech representatives called on legislators to ensure a fair playing field for all fintech providers and their obligations to performing customer due diligence (CDD) as the EU anti-money laundering regulation was discussed. To be clear, payers never get into the CDD scope of e.g

AML

Seon

SEPTEMBER 20, 2023

According to McKinsey, banks use up to 40% of their onboarding time on KYC and due diligence processes. KYC onboarding is, therefore, an act of customer due diligence and enhanced due diligence. No customer wants to encounter it when they sign up with an organization.

Process

Finovate

AUGUST 12, 2024

The addition of SESAMm’s analysis will improve decision-making and help guide investment and due diligence. Bringing advanced chatbot technology to the SESAMm platform, ChatReveal examines more than 23 billion articles on five million public and private companies.

Due Diligence

The Fintech Times

JANUARY 22, 2024

Enhanced choices for investors The EU’s decision improves choices for investors by eliminating a requirement that European investors conduct enhanced due diligence of Cayman Islands’ entities.

AML

PYMNTS

FEBRUARY 2, 2018

In an article penned for JD Supra by law firm Ogletree, Deakins, Nash, Smoak & Stewart, P.C., The threat actors are doing substantial due diligence on the social engineering side of things,” the firm wrote, “and these emails look real. Of all of the scams targeting corporates, another one is landing on their radar.

Direct Deposit

Payment Savvy

AUGUST 7, 2023

It is in that spirit of preparation that we bring you this article today, in which we consider the safer ‘recession-proof’ industries for investing and parking your money. We shall take a look at those industries before moving on to a few other sectors further down the article, which might be considered outside of the norm.

On-Demand

PYMNTS

FEBRUARY 12, 2019

” According to King & Spalding LLP, which discussed the case in the Lexology article, the settlement “serves as a warning” to businesses operating with partners across borders. Know Your Supplier.

Settlement

Segpay

OCTOBER 18, 2023

A payment processor that includes risk management, KYC/AML, and Customer Due Diligence services and robust fraud detection solutions in their value proposition helps merchants reduce costs and prevent the nightmare of accidentally becoming an aggregator for criminals. The post Transaction Laundering appeared first on Segpay.

Transactions

PYMNTS

FEBRUARY 28, 2019

“Companies can’t afford to drop the ball on cyber risk, which is why conducting cyber risk due diligence has become an essential part of the M&A process,” wrote Deloitte in a separate report , which urges companies to develop a cybersecurity strategy prior to any merger. ” Business Partners At Risk.

Risk

Stax

JANUARY 8, 2024

Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. This requires sound underwriting policies and procedures.

Risk Management

Fintech Finance

MAY 21, 2024

Automatically source supporting evidence such as Articles of Incorporation and Certificate of Good Standing for their Customer Identification Program (CIP), reducing back-and-forth with customers. and global watchlist hits and sanctions, and politically exposed persons (PEP).

UCC

The Fintech Times

JULY 15, 2024

In this article, Akshata Namjoshi, Kabir Kuma, and Ahlam Faouzi from KARM Legal Consultants , the emerging technologies-focused law firm, provide an in-depth analysis of the UAE’s regulatory landscape for stablecoins. DIFC VASPs in DIFC are regulated by the DFSA, which introduced its crypto token regime on 1 November 2022.

Stablecoins

PYMNTS

AUGUST 2, 2016

All opinions in the article are his own.). Although many FinTech institutions are working to change this, their initiatives also run the risk of monopolizing identity, something Travis Jarae, who has worked in the identity verification field for companies including Citi, Deloitte and now Google, believes would be detrimental.

Due Diligence