Neopay

DECEMBER 20, 2023

1371) will introduce notable changes in the assessment of risks associated with Politically Exposed Persons (PEPs). In the case of customers identified as domestic PEPs or having close associations with domestic PEPs, the initial risk assessment will consider them to present a lower level of risk compared to non-domestic PEPs.

Risk Assessment 52

Risk Assessment Money Laundering Assessments Regulations 52

Fintech News

FEBRUARY 8, 2024

Assessing Digital Preparedness in Finance appeared first on Fintech Singapore. By focusing on digital transformation while nurturing their workforce’s creativity, adaptability, and collaborative spirit, businesses can navigate the challenges of the digital age, ensuring success and sustainability in the years to come.

APACS 90

APACS Assessments Finance AI 90

The Paypers

FEBRUARY 12, 2024

The US Department of the Treasury has published the 2024 National Risk Assessments on money laundering, terrorist financing, and proliferation financing.

Risk Assessment 36

Risk Assessment Assessments Treasury Risk 36

Finextra

FEBRUARY 13, 2024

Fairer Finance has launched a Fair Value Report tool to allow financial service firms to assess the value offered by their products by benchmarking them against the wider market, showing how they compare on the comprehensiveness of their product features, the price they charge, and the service they offer.

Assessments 45

Assessments Finance Rules Consumer 45

VISTA InfoSec

MAY 12, 2024

While Type 1 assesses the design of controls at a specific point in time, Type 2 evaluates the effectiveness of these controls over a period, usually upto twelve months. This rigorous assessment involves thorough scrutiny by independent auditors to ensure that the controls are not only in place but also operating effectively.

PCI DSS 260

PCI DSS Compliance Security ISOs 260

The Finance Weekly

SEPTEMBER 10, 2023

It helps assess if the business is making a profit. These values should align with historical trends, as the analyst or user has assessed past patterns when creating these assumptions. Important points to remember: It shows a business's earnings and spending. It covers a specific time frame (like a year or a quarter).

Assessments 52

Assessments Finance Accounts Rules 52

The Fintech Times

FEBRUARY 19, 2024

The post CRIF ESG Analytics Service Empowers UK Banks in Assessing Suppliers and Customers appeared first on The Fintech Times.

Assessments 57

Assessments Compliance Credential Governance 57

Finextra

APRIL 25, 2024

Economic crime costs have escalated to an estimated £290* billion annually. Compounding this issue,

Crime 52

Crime Financial Crimes Assessments 52

FICO

AUGUST 10, 2022

Covid to Cost-of-Living: Assessing Affordability in Uncertain Times. Affordability Assessments and Unrestrained Lending. Reasonable steps to assess and understand a customer’s ability to be able to pay in the future had to be taken, to ensure financial difficulties or adverse consequences were not incurred. by Matt Cox.

Assessments 52

Assessments BNPL On-Demand Origination 52

The Paypers

JULY 28, 2021

CMSPI has released the SCA Economic Impact Assessment June 2021 analysis, featuring data that shows the potential sales at risk and overall readiness of the industry.

Assessments 68

Assessments Risk 68

Finextra

APRIL 23, 2024

Fintech Galaxy, a leader in Open Banking and financial innovation, has launched innovative credit profiling capabilities in collaboration with Singaporean fintech company FinbotsAI using artificial intelligence models and aggregated Open Banking data.

Risk Assessment 52

Risk Assessment Assessments FinTech Risk 52

VISTA InfoSec

APRIL 28, 2024

Compliance with PCI DSS requirements is typically validated through assessments and audits conducted by Payment Card Industry qualified security assessors ( PCI QSAs) or Payment Card Industry self-assessment questionnaires ( PCI SAQs) depending on the merchant level and the volume of card transactions processed. 5/5 - (2 votes)

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

The Paypers

FEBRUARY 9, 2023

UK-based Shufti Pro has augmented customer verification with the launch of risk assessment and eIDV services, helping tackle identity fraud and meet KYC/AML regulations.

Risk Assessment 36

Risk Assessment Assessments Risk AML 36

PYMNTS

MARCH 10, 2020

Inaccurate and slow credit risk assessment for [small- to medium-sized business (SMB)] commercial loan requests is one of the major reasons that over 50 [percent] of loans are currently declined by financial institutions (FIs),” said Roger Vincent, chief innovation officer at Trade Ledger.

Risk Assessment 52

Risk Assessment Assessments Risk Underwriting 52

The Paypers

OCTOBER 27, 2022

Sweden-based open banking platform Tink has partnered loan broker Sambla Group to offer lenders access to more accurate affordability assessments.

Assessments 36

Assessments 36

PYMNTS

MAY 11, 2020

RiskRecon , a Mastercard firm, is offering complimentary cybersecurity assessments through the end of the year to assist Canadian small businesses in keeping their operations safe during the pandemic. ” The cyberhealth assessment of RiskRecon assists companies in finding and handling possible vulnerabilities in their systems.

Assessments 60

Assessments Visa Cybersecurity Small Business 60

FICO

MAY 29, 2020

In the UK alone, it is estimated that more than 80 million affordability assessments are completed each year, most of which are done manually over the telephone. It has taken a long time, but the capabilities are now available to make affordability assessment quick, safe, forward-looking, and intelligent.

Assessments 52

Assessments Mitigation Posting Adjustments 52

PYMNTS

DECEMBER 4, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. Consumer advocates have raised concerns that assessing alternative data could lead to discrimination and widen the credit gap.

Assessments 54

Assessments Regulations Federal Reserve Consumer Protection 54

PYMNTS

APRIL 10, 2020

Banks providing loans to small and medium-sized businesses (SMBs) would be a part of a yearly assessment that the China Banking and Insurance Regulatory Commission (CBIRC) will supervise, Reuters reported. A guideline impels commercial lenders to provide SMBs with loans at a rate that is not below the lending growth rate in the industry.

Assessments 60

Assessments Regs Finance Mitigation 60

CB Insights

AUGUST 12, 2021

Moody’s , an integrated risk assessment firm, has acquired RMS , a risk management solutions provider, for $2B. Moody’s: New York-based Moody’s is a global integrated risk assessment firm that provides analytical solutions and insights for risk management. Who are the parties to the deal?

Risk Assessment 66

Risk Assessment Assessments Risk Acquirers 66

FICO

OCTOBER 11, 2018

The first step in managing risk is quantifying it — and that’s exactly what the Assessment of Business Cybersecurity (ABC) does. Today marks the release of the first quarterly Assessment of Business Cybersecurity, at the Chamber’s Seventh Annual Cybersecurity Summit in Washington, DC. businesses. The ABCs of the ABC.

Assessments 68

Assessments Cybersecurity Data Breach Risk 68

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

Global Payments 146

Global Payments Processors Assessments Payments 146

The Paypers

OCTOBER 1, 2021

CMSPI has released the SCA Economic Impact Assessment August 2021 analysis , featuring data that shows the potential sales at risk and overall readiness of the industry.

Assessments 41

Assessments Risk 41

The Paypers

AUGUST 31, 2021

CMSPI has released the SCA Economic Impact Assessment July 2021 analysis, featuring data that shows the potential sales at risk and overall readiness of the industry.

Assessments 41

Assessments Risk 41

The Paypers

FEBRUARY 27, 2024

SIX has launched a new solution enabling the global banking clients of SIX to measure the sustainability performance of their SME clients.

Assessments 45

Assessments 45

VISTA InfoSec

MARCH 6, 2024

assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. 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.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Paystand

NOVEMBER 24, 2023

In uncertain times, securing your Accounts Receivable is vital. Paystand integration with Sage Intacct offers crucial insights and metrics for AR health that help reduce operational costs by 50%.

Assessments 52

Assessments Accounts Security 52

CB Insights

APRIL 8, 2021

The post ESP Vendor Assessment Matrix — Digital Asset Custody appeared first on CB Insights Research. The purpose of the analysis is to guide technology buyers on the relative strength of private companies. Trends highlighted in the report include: Want the full expert post? Become a CB Insights customer.

Assessments 36

Assessments Research Posting Technology 36

The Paypers

JULY 1, 2022

US-based Clear Capital has launched two APIs, Property Valuation API and Risk Assessment API to help lenders, system providers adopt modern property valuation solutions.

Risk Assessment 31

Risk Assessment Assessments API Risk 31

PYMNTS

JUNE 18, 2018

Emailage , the online fraud prevention startup that uses email addresses to assess risk, announced this week that it’s expanding its geographical footprint and establishing new offices in regions of interest, which has included strategic hires and reappointments. That can be even more difficult in APAC than in Europe and the U.S.,

Risk Assessment 51

Risk Assessment Assessments Risk APACS 51

The Paypers

MARCH 15, 2022

Wolters Kluwer and NYDIG has launched Bitcoin Risk Assessment – NYDIG Clients to provide regulatory assessments for financial institutions looking to offer their customers access to Bitcoin services provided by NYDIG.

Risk Assessment 31

Risk Assessment Assessments Bitcoin Risk 31

PYMNTS

MARCH 26, 2019

The plan, which illustrates the growing dangers of hacking, is meant to create an assessment system for the most viable cybersecurity defenses available to businesses. The program, called Cyber Catalyst, was introduced on Tuesday (March 26) by the Marsh brokerage unit of Marsh & McLennan.

Cybersecurity 54

Cybersecurity Assessments Underwriting Participant 54

The Payments Association

APRIL 24, 2024

The 2024 assessment reveals evolving financial crime trends, including AI fraud and social media exploitation, providing crucial insights for payment firms to fortify consumer trust and operational security. Read more

Financial Crimes 100

Financial Crimes Crime Assessments AI 100

Payments Source

JUNE 7, 2016

wrote to Visa on Tuesday to denounce an alleged new fee assessed by the company on credit and debit card issuers that see their business shift to a competing card network. Dick Durbin, D-Ill.,

Assessments 60

Assessments Card Issuer Debit Card Issuers 60

The Paypers

FEBRUARY 9, 2024

European Union antitrust regulators have decided to update a set of nearly 30-year-old rules known as the Market Definition Notice.

Rules 36

Rules Assessments Regulations 36

PYMNTS

NOVEMBER 13, 2017

That data is not only leveraged by Emailage to make a risk assessment, but also passed back to the merchant or FI to leverage as well. Until now, merchants and FIs were only receiving the assessment, not the underlying data. The phone data is now being passed back to the Emailage customer along with the assessment.

Risk Assessment 40

Risk Assessment Assessments Risk Verification 40