Fi911

JUNE 9, 2025

These systems create audit trails and reduce successful impersonation attempts. Regular reviews of vendor communication patterns, automated alerts for banking changes, and periodic security assessments help identify problems before losses occur. Customer communication demands careful balance.

Email Compromise

Finextra

JULY 24, 2025

Changing customer expectations and market demands Customers now expect speed, simplicity, and flexibility. Evaluate your existing infrastructure and gaps Before you implement anything new, you must assess what you already have. Conduct a full infrastructure audit You should start by reviewing your core banking systems.

Digital Payments

The Payments Association

JANUARY 13, 2025

This will also include verifying the legitimacy of assets, auditing their technical infrastructure, and assessing market risks simultaneously. Navigating legal uncertainty: How the Digital Assets Bill could impact PSPs January 13 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Why is it important?

Legal

Finextra

AUGUST 11, 2025

Criminal networks use advanced digital tools to manipulate transactions, disguise suspicious activities, and exploit weaknesses in auditing processes. Simulate multiple “what if” scenarios in real time for risk assessment. Handle complex, multi-entity audits that would take traditional systems days or weeks.

Accounts

The Fintech Times

JANUARY 31, 2025

B Corp is a rigorous assessment that verifies companies have met high standards of social and environmental performance, transparency, and accountability: theres absolutely no room for mere box-ticking. But often, firms fall short of these claims.

FinTech

Finextra

JULY 28, 2025

The allure of AI – promising breakthroughs in predictive analytics for risk assessment, automated customer support, and advanced fraud prevention – has prompted substantial capital allocation across the sector. Governance demands that AI models are not opaque "black boxes."

AI

Finextra

JULY 7, 2025

For fintechs, this underlines the importance of infrastructure designed to support rapid innovation and adaptability right now, not just when the roadmap demands it. But with demand soaring, data centre operators are under pressure to keep pace. Having the right infrastructure in place is paramount.

FinTech

Fintech News

JULY 22, 2025

And by their assessment, stablecoins fall short on all three. They rely on mechanisms that increase or reduce supply based on market demand. Circle’s IPO earlier last month turned more than a few heads on Wall Street. The digital payments firm behind USD Coin raised over a billion dollars and saw its stock more than triple on debut.

Stablecoins

The Payments Association

JUNE 11, 2025

Consequently, the cost of fraud prevention now reaches $4.61 for every $1 of actual fraud incurred, intensifying the trade-off between safeguarding the platform and maintaining scale. Static, manual-heavy models are no longer viable. Generative AI and biometrics, including behavioural biometrics, offer massive potential.

Risk

M2P Fintech

MARCH 24, 2025

“One-click” loans become reality through instant credit assessments. Data Analytics: Making Informed Decisions Data is now the lifeblood of modern loan management, empowering lenders with insights to assess creditworthiness, predict risk, and personalize loan terms. AI is poised to revolutionize loan origination.

Payment APIs and Integration

EBizCharge

JUNE 16, 2025

Luckily, enterprise merchant services step in to meet that demand. This valuable information is essential when adjusting to market demands and consumer preferences. Before you even look at providers, take a moment to audit your current setup. Businesses no longer need separate systems for card payments or digital wallets.

Payment APIs and Integration

Innovative Payments Association

JULY 22, 2025

Whether you’re partnering with fintech vendors, outsourcing operations, or building platform integrations, regulators expect robust oversight of every third party you rely on. Button Text The IPA’s Compliance Boot Camp in Chicago on Sept. 11 offers a unique opportunity to dive deep into the latest regulations and trends.

Boot Camp

The Payments Association

JULY 18, 2025

Strategic modernisation through modular, API-first architecture enables a phased, agile response to compliance demands. Firms should also ensure an appropriately detailed audit is carried out before the rules come into effect and before reports are shared directly with the FCA. Firms should act swiftly to meet the new standards.

Regulations

Finextra

JUNE 23, 2025

AdviceRobo has pioneered the use of psychometric data, behavioral analytics, and alternative data to assess risk far beyond FICO scores. But this isn’t just about GPUs or cooling systems—it’s about how you build AI that earns trust, scales cost-effectively, and adapts to regulatory demands. And with response times as fast as 0.03

AI

The Fintech Times

FEBRUARY 5, 2025

Professionals in decision-making roles are driving their teams to enhance cybersecurity measures and reduce operational risks as AuditBoard , the cloud-based audit, risk, compliance, and ESG management platform, reveals that 91 per cent are concerned about looming cybersecurity threats.

Compliance

Fintech Weekly

JULY 29, 2025

This shift is happening in parallel with rising regulatory scrutiny, growing interoperability demands, and the push for real-time finance — all of which are forcing teams to revisit how payments, reporting, and liquidity should function across jurisdictions and systems.

Stablecoins

EBizCharge

AUGUST 4, 2025

Pre-Integration Assessment and Planning Prior to entering the technical implementation, effective integration demands careful planning and review of your existing systems and business needs. System Audit and Requirements Gathering Begin with a rigorous review of both your NetSuite setup and Magento 2 installation.

Payment APIs and Integration

Finextra

AUGUST 4, 2025

Globally, fintechs and banks spend an estimated $206 billion per year on financial crime compliance. In 2023 alone, 98% of institutions reported their compliance costs increased over the prior year , with over one-third citing ever-escalating regulations as the primary driver. Yet, these visible price tags are only the tip of the iceberg.

AML

The Fintech Times

JUNE 24, 2025

This lack of explainability can conflict with regulatory requirements, especially in jurisdictions that demand fairness and accountability in automated processes. However, while the upside is considerable, there are still important risks insurers must actively manage. Chief among these is the potential for bias in automated decision-making.

AI

VISTA InfoSec

MAY 12, 2024

Understanding SOC 2 Type 2 Attestation SOC 2 Type 2 is a widely recognized auditing standard developed by the American Institute of CPAs (AICPA). 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.

PCI DSS

VISTA InfoSec

MARCH 28, 2024

Adhering to compliance might involve appointing a data protection officer, conducting impact assessments for new projects, and understanding the rights of individuals regarding their data. Regular audits of access rights can help ensure that employees only have access as long as needed for their current role.

Data Breach

Fintech Review

OCTOBER 16, 2024

However, the sustainability of these high yields often depends on several factors, including market demand and tokenomics. Such incidents highlight the importance of thoroughly auditing smart contracts before investing in any DeFi platform. Investors should prioritise platforms that undergo regular security audits by reputable firms.

Assessments

Nanonets

JUNE 19, 2023

Accounts payable audits play a crucial role in the financial health of businesses. This article covers why accounts payable audits are important to maintain financial health and the steps in an AP audit process. We will also cover how automation helps to streamline the AP audit procedure. What is an AP Audit?

Audit

FloQast

JANUARY 17, 2024

The consultation set out proposals for a range of legislative and governance reforms to be implemented in the Code in 2024, including the introduction of a new regulatory body, known as the Audit, Reporting, and Governance Authority (ARGA), which would replace the FRC. New malus and clawback arrangement disclosures.

Governance

Nanonets

AUGUST 1, 2023

In the rapidly evolving world of auditing, innovative technologies have revolutionized traditional practices. Auditors are now increasingly embracing the agile auditing approach previously used in software development. This strategic allocation of resources optimizes auditing efforts, leading to more focused and effective audits.

Audit

Fintech Finance

SEPTEMBER 18, 2024

It is also notoriously difficult to achieve the ISO 27001 certification, as the process requires rigorous assessments and audits of Tribe’s information security management systems and data security safeguards, which were undertaken by world-leading testing and certification provider Bureau Veritas.

ISOs

Nanonets

APRIL 24, 2024

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. Looking out for a Reconciliation Software?

Reconciliation

The Finance Weekly

MARCH 28, 2022

ESG reporting is valuable because it ensures that companies assess their influence on sustainability issues and allows them to be transparent about the risks and opportunities they face. The data presented is difficult to audit, and it is not in accordance with the financial statements.

Finance

VISTA InfoSec

SEPTEMBER 25, 2024

Some of the most significant benefits include: Scalability: Companies can scale their contact center operations up or down based on demand without requiring extensive infrastructure investments. Scalability and Flexibility: Confirm that the platform can grow with your business and adapt to changing demands.

Cybersecurity

VISTA InfoSec

OCTOBER 21, 2024

Some of the most significant benefits include: Scalability: Companies can scale their contact center operations up or down based on demand without requiring extensive infrastructure investments. Scalability and Flexibility: Confirm that the platform can grow with your business and adapt to changing demands.

Cybersecurity

The Payments Association

MARCH 25, 2025

Strict compliance with FCA, PSD2, and PCI DSS protects consumers and combats financial crime, but implementation demands resources and adaptation. AML compliance requires risk assessment, transaction monitoring, and reporting suspicious activity. One challenge lies in potential biases within AI models.

Regulatory Compliance

PYMNTS

OCTOBER 9, 2020

Eclypsium will harness the infusion for growth, while it plans to keep building out the functions of its platform to handle heightened market demand. By helping firms scope appropriately sized audits and dynamically modify controls, Strike Graph seeks to take away the confusion around cybersecurity audit and certification procedures.

Automation

FloQast

APRIL 30, 2024

The demand for robust compliance frameworks has never been higher, driven by a combination of industry-specific requirements, regulatory changes, and the escalating risk landscape. Reactive Risk Assessment Processes : Good reaction times can make you a lot of money. Audit Pain and Expense : I hear you. I know, I know.

Compliance

Nanonets

DECEMBER 13, 2023

Audit Trail and Transparency: AI Insurance Claims Processing systems maintain detailed audit trails of all activities within the claims processing workflow. This transparency is essential for regulatory audits, allowing authorities to review the entire process and verify that each step adheres to compliance requirements.

AI

PYMNTS

OCTOBER 2, 2020

Some businesses fail to undergo the routine audits they need to assess their systems’ security, and others do not want to — or cannot — spend the money it takes to upgrade them. Either way, firms that do not comply with these industry standards risk leaving their customers’ data exposed. percent over the next seven years.

Compliance

The Payments Association

MAY 16, 2025

AI is transforming compliance in financial services, offering efficiency gains while introducing new risks that demand robust governance. Among investment firms, over 50% now use AI in regulatory reporting, suitability assessments, and surveillance of employee trading. Artificial intelligence (AI) is no longer a futuristic concept.

Compliance

The Finance Weekly

OCTOBER 1, 2024

Knowing how these different expense types contribute to your overall cost base allows you to identify cost-saving opportunities and assess important metrics like profit margins and break-even points. Use it strategically—like when there's a seasonal spike in demand—rather than just hiring more people for the long haul.

On-Demand