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

Finovate

FEBRUARY 10, 2025

It combines behavioral biometrics, behavioral analytics, advanced malware detection, and network and device assessment to provide active and preemptive defense against threats. The company also recently partnered with Nordic digital transformation consultancy Knowit. Founded in 2003, Backbase is headquartered in Amsterdam.

Financial Crimes 64

Financial Crimes Crime Fraud Prevention Account Takeovers 64

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.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

CB Insights

MAY 10, 2018

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. From one perspective, the position of management consulting as an industry has never seemed more secure. Those companies made plans.

Consulting 78

Consulting On-Demand Legal Laws 78

Fintech News

MAY 22, 2024

Arctic Intelligence (Australia) Headquartered in Sydney, Australia, Arctic Intelligence is a multi-award-winning regtech company specializing in financial crime risk assessment technologies. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 103

Financial Crimes Crime APACS Risk Assessment 103

VISTA InfoSec

JULY 31, 2023

After completing all the applicable requirements and steps mentioned in the PCI DSS checklist, businesses may engage a Qualified Security Assessor (QSA) to perform a formal assessment of their compliance with the PCI DSS. If any areas of non-compliance are identified during the assessment, the QSA will report their findings to the business.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

VISTA InfoSec

MARCH 5, 2024

Now is the time for organizations to re-evaluate their physical security strategies, conduct updated risk assessments, and refine their protection processes to align with these enhanced standards. certifications too right from scoping to Readiness Assessment, Advisory and Final Certification.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

PYMNTS

NOVEMBER 3, 2020

Bloomberg is providing the data in the current global economic crisis to aid the markets with ready, accessible information that is timely and transparent for active credit assessments and predictive models to assess the volatility of the current market. They can also assess ongoing credit quality.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

Stax

DECEMBER 4, 2023

An effective AML compliance program must include Know Your Customer (KYC) protocols, transaction monitoring and reporting, risk assessment and categorization, and training and awareness for staff. Risk assessment and categorization The first step towards mitigating risk is to assess it.

Money Laundering 88

Money Laundering Compliance AML BSA 88

The Fintech Times

NOVEMBER 27, 2024

“Effective regulation targets specific areas – such as anti-money laundering protocols, capital reserve requirements and third-party risk assessments of crypto companies – without applying blanket restrictions that stifle growth.

Regulations 112

Regulations Stablecoins Risk Consulting 112

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

MAY 16, 2024

FWD Singapore In Singapore, the insurtech sector is leveraging artificial intelligence (AI)-driven risk assessment to transform the insurance industry. Income Insurance is also a social enterprise, and says it is therefore committed to making insurance inclusive and works towards benefiting the wider community in Singapore.

Online and Mobile Banking 119

Online and Mobile Banking Innovation Blockchain Product 119

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. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Neopay

MAY 7, 2024

The FCA aims to assist firms in understanding regulatory expectations while empowering them to assess the adequacy of their financial crime systems and controls. This includes references to the travel rule and updates to sections on risk assessment and fraud.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

VISTA InfoSec

AUGUST 22, 2023

Principle of data minimization: Only the minimum amount of biometric data necessary for the intended purpose should be collected and processed, requiring careful assessment and avoidance of excess. Voiceprint: Assessment of vocal attributes such as tone, pitch, and enunciation.

Privacy 130

Privacy Legal Compliance Best Practices 130

Neopay

DECEMBER 5, 2024

The Financial Conduct Authority (FCA) has issued important updates to its Financial Crime Guide, following a public consultation on proposed changes. It also introduces new self-assessment questions and emphasises the importance of senior management accountability.

Financial Crimes 52

Financial Crimes Crime Money Laundering Risk Assessment 52

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. “At Cowbell, we are actively assessing the cyber risk posture of over 39 million businesses in the US and the UK.

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

PYMNTS

FEBRUARY 19, 2019

They must also have a “good level of system security,” employ at least three employees who are Certified Information System Security Professionals (CISSP), and undergo a risk assessment process. Germany has launched a consultation process aimed at learning how to fully utilize blockchain technology, according to Reuters.

Bitcoin 65

Bitcoin Regs Risk Assessment Blockchain 65

Neopay

MARCH 5, 2024

Payment transparency: Proposed updates to Recommendation 16: FATF will release proposed updates to Recommendation 16 on Payment Transparency for public consultation. Immediate action is required by firms to review and update their country risk assessments, incorporating changes to the overall customer risk assessment.

AML 52

AML Risk Assessment Money Laundering Assessments 52

The Fintech Times

AUGUST 17, 2024

AI-powered analytics and machine learning algorithms provide insights into market trends, property valuations, and risk assessments, enabling investors to make informed decisions quickly.

Consulting 75

Consulting Research AI Blockchain 75

Neopay

MARCH 14, 2024

It will be consulting this year on proposals to close gaps in protection and reduce risks of harm if firms fail. Risk assessments and due diligence of third parties should be reviewed regularly based on your safeguarding policy. This includes imposing safeguarding reviews.

Audit 59

Audit Risk Assessment Reconciliation Due Diligence 59

Neopay

JUNE 27, 2024

If you are partnering with a consultancy firm, make sure they provide workshops and training to help you ensure that you have a good understanding of the regulations that apply and, more importantly, how they apply to your specific business model and services.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Fintech Times

MARCH 1, 2024

Confide has unveiled plans to broaden its influence by establishing its European operational base in The Hague, and to continue refining its features, including the integration of AI-driven risk assessments and improved compatibility with corporate systems. Innopay complements Oliver Wyman’s existing payments consulting capabilities.

FinTech 64

FinTech Point-of-Sale (POS) Consulting Risk Assessment 64

VISTA InfoSec

JULY 5, 2023

Patients can access online consultations with doctors. Regularly test and assess network vulnerabilities to identify and address any weaknesses. Most merchants are in Levels 1-3 and can show they’re compliant just by filling out a Self-Assessment Questionnaire (SAQ). If you process at least 1 million, 2.5

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

Tearsheet

JULY 1, 2024

Start with a risk assessment. Again, partnering with knowledgeable service providers who can stay up-to-date on current regulations or consulting legal experts can help businesses stay on top of regulatory compliance. What are best practices when it comes to protecting consumer information?

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

PYMNTS

AUGUST 16, 2018

Bloomberg, citing people familiar with the situation, reported Zelle is in the process of enhancing its risk assessment tools as part of the effort to make it safe for people to pay small businesses. Bloomberg, citing Crone Consulting, reported that P2P payments to businesses in the U.S.

Zelle 50

Zelle Small Business Business Payments P2P 50

The Fintech Times

FEBRUARY 7, 2024

Vigilant monitoring of this behaviour will be crucial over the next year, particularly amid rising inflation, tightened consumer incomes, and the industry’s evaluation of the significance of BNPL behaviour in shaping credit risk assessments.” This transparency is crucial in busting myths and building trust.

BNPL 89

BNPL Credit Risk Risk Consumer 89

The Fintech Times

MARCH 12, 2024

It allows insurance providers and their customers to assess the risks of today and help prepare them for those of the future.” As evidence mounts showing that EVs can be safer than traditional vehicles, insurers must adjust their risk assessments and pricing models accordingly.”

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

FloQast

DECEMBER 13, 2023

It prohibits auditors from providing certain consulting services to their audit clients and requires a rotation of the lead audit partner every five years. It should be remembered that Arthur Andersen, the accounting firm contracted by Enron to handle its audits, used to provide Enron with substantial consulting services as well.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

Nanonets

APRIL 24, 2025

However, each case contained a patient's entire medical history — from doctor visits and lab results to hospital stays and specialist consultations. When medical record volumes get out of hand Processing 200+ patient case files weekly might sound manageable. These files ranged from 400 to 10,000 pages per patient.

Underwriting 52

Underwriting Automation Process Volume 52

Center for Payments

SEPTEMBER 15, 2022

The purpose of a Business Continuity Plan is to focus on a subset of operational risk factors, identifying, assessing, and reducing risk to an acceptable level through the development, implementation, and maintenance of a written, enterprise-wide business continuity plan.

FFIEC 40

FFIEC Risk Assessment Business Continuity Federal Reserve 40

The Fintech Times

SEPTEMBER 19, 2024

By integrating risk assessments, controls, and regulatory obligations in real-time, and within a unified framework, institutions can proactively identify and mitigate risks associated with new regulations, such as operational resilience requirements.

Risk 59

Risk Financial Crimes AML Risk Management 59

The Fintech Times

DECEMBER 14, 2023

Take, as a few examples, the way AI is now used for risk-assessment purposes, analysing large amounts of data, and assessing creditworthiness quickly and effectively. According to Whitecap Consulting , Leeds is now home to more than 100 fintech firms and is contributing more than £700million per year to the regional economy.

FinTech 69

FinTech Innovation Assessments Economy 69

Neopay

JULY 23, 2024

The guidance is open for consultation until 18 October 2024, and the FCA welcomes further input. Our comprehensive services include risk assessment tools, policy reviews, and staff training programs designed to ensure your organisation meets regulatory standards while maintaining fair and transparent practices.

Risk Assessment 52

Risk Assessment Legal Compliance Risk 52

The Fintech Times

MARCH 28, 2024

Our insurance sector partners and clients who have adopted satellite-based risk assessments see the clear benefits and have come back to ask for more. With our satellite-based monitoring and risk assessment technology we have swiftly created the capability to address this gap.

Innovation 69

Innovation Consumer On-Demand Risk Assessment 69

FICO

JUNE 6, 2018

In the UK, affordability risk has been the subject of increased scrutiny by the Financial Conduct Authority, which, in consultation with lenders, has begun a process of stricter control in terms of treatment of consumers and assessment of their financial vulnerabilities.

Consumer 40

Consumer Assessments Risk Assessment Risk 40