The Payments Association

NOVEMBER 25, 2024

While emphasising the importance of robust anti-money laundering (AML) measures, the FCA has consistently advocated against indiscriminate de-risking. Their guidance urges banks to adopt a proportionate approach, assessing MSBs individually rather than applying blanket policies that exclude entire sectors.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Fintech News

JUNE 25, 2025

This enables lenders to construct a more detailed view of borrowers’ financial circumstances, resulting in more accurate credit risk assessments. The models also support the continuous monitoring of portfolio exposure, with the goal of increasing approval rates, optimising loan offerings, and reducing defaults.

Credit Risk 68

Credit Risk Risk Underwriting Risk Assessment 68

The Payments Association

FEBRUARY 10, 2025

Since vIBANs are often treated as extensions of master accounts rather than independent relationships, firms fail to apply appropriate risk assessment frameworks. This weakens transaction monitoring, particularly in scenarios involving third-party involvement or high-risk jurisdictions.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

OCTOBER 24, 2024

Set to go live in early 2025, this premiere payments solution will integrate Plaid’s instant account verification (IAV) and network-powered risk assessment capabilities into Dwolla’s pay by bank platform.

Risk Assessment 109

Risk Assessment Payment APIs and Integration Verification Assessments 109

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

Finovate

DECEMBER 11, 2024

With the launch of its new GenAI Financial Crime Detection Suite, ThetaRay aims to enhance risk assessment, streamline operational workflows, and strengthen anti-money laundering (AML) reporting to reduce fraudulent activity, such as money laundering and terrorist financing.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

The Payments Association

FEBRUARY 17, 2025

AI and machine learning: Strengthening security and financial access Artificial intelligence is transforming risk assessment and fraud prevention in the payment ecosystem. Its about ensuring no one is left behind in the digital economy.

Innovation 88

Innovation Cross-Border Financial Inclusion Payment APIs and Integration 88

The Fintech Times

FEBRUARY 6, 2025

The new offering combines daily credit risk modelling with agentic research to provide a dynamic, 360-degree risk assessment. In todays fast-paced financial markets, access to timely, integrated information is crucial for effective risk assessment, said Rajiv Bhat , CEO of martini.ai. Rajiv Bhat, CEO of martini.ai

Research 59

Research AI Risk Assessment Due Diligence 59

Fintech News

FEBRUARY 10, 2025

Unlike GenAI, which operates within predefined parameters, Agentic AI systems possess the capability to make independent decisions, learn from real-time data, and autonomously execute complex tasks without continuous human oversight.

AI 77

AI FinTech Fraud Detection Fraud Prevention 77

Fintech Review

MARCH 11, 2025

This is particularly crucial because, in many scams, customers validate fraudulent transactionseffectively handing scammers the green light to continue their schemes. In addition to delivering fast, accurate risk assessments, ScamAlert offers actionable advice, helping users avoid falling victim to scams.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 52

Fintech News

JUNE 12, 2025

As highlighted, effective monitoring involves analysing a user’s full risk profile, from onboarding behaviour to transaction activity, logins, transfers, and counterparty interactions. This continuous risk assessment helps flag suspicious patterns before they become compliance incidents. It’s your credibility.

Compliance 113

Compliance Travel Rule Risk Due Diligence 113

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

The Finance Weekly

FEBRUARY 23, 2025

Adjust strategies based on ongoing evaluations for continuous progress. Secure Budget Approval for Necessary Resources Before investing in a project, finance teams must assess the resources required and gain approval. Continuously refine models with updated data. Use FP&A software to model different financial scenarios.

Best Practices 130

Best Practices Adjustments Risk Management Risk 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. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them.

Compliance 130

Compliance Third-Party Service Provider Risk Management 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. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them.

Compliance 130

Compliance Third-Party Service Provider Risk Management 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. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them.

Compliance 130

Compliance Third-Party Service Provider Risk Management 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. Develop a remediation plan Once gaps are identified, the next step is to create a roadmap for addressing them.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Trade Credit & Liquidity Management

JUNE 25, 2025

In this data-driven economy, risk assessment demands more than simply evaluating whether a customer will pay their bills. To truly understand and manage credit risk today, modern companies must look beyond the basics and leverage new technologies, alternative data, and broader information sources.

Risk Assessment 52

Risk Assessment Regulatory Compliance Assessments Legal 52

Fintech Review

MARCH 25, 2025

Nikos Andrikogiannopoulos, CEO of Metrika, emphasized the significance of the collaboration: “By bringing our technology together with Moody’s Ratings’ expertise in evaluating financial exposures, we demonstrated how digital asset risks can be quantified within traditional risk assessment systems.

Risk 52

Risk Assessments Risk Management Blockchain 52

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack.

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech Review

APRIL 3, 2025

CFD trading requires continuous adaptation to market dynamics, said Eduard Becker. Our systems are structured to interpret large-scale data inputs, allowing us to manage volatility and risk exposure effectively. We focus on structured risk management and long-term strategy to address this challenge.

AI 52

AI Risk Management Risk Assessment Assessments 52

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. This dynamic learning process allows them to adapt and improve continuously.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

Fintech News

JUNE 12, 2024

It integrates an advanced cyber risk exposure scanning solution into the underwriting process. This technology enhances risk assessment by generating a real-time security posture score within a minute, allowing eligible small and medium-sized enterprises to obtain instant policy issuance in under 10 minutes.

Risk Assessment 90

Risk Assessment Assessments Cybersecurity Underwriting 90

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

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 109

Money Laundering Risk Law Enforcement Crime 109

Fintech Finance

MAY 18, 2025

Its unique Intelligent Payments solution combines Pay by Bank transactions, AI-powered verification, and real-time risk assessment into a seamless, secure experience. Yaspa uses open banking technology to provide instant bank payments that are faster and more cost-effective than cards.

Innovation 52

Innovation Real Time Payments Verification Risk Assessment 52

Neopay

APRIL 22, 2025

Compliance regimes need to respond accordingly, with risk assessments that are proactive and substantive continuous monitoring. Operations such as Machinize are a welcome reminder that money laundering doesn’t only occur through complex international structures. It frequently starts on the high street, in plain sight.

Money Laundering 52

Money Laundering Crime Due Diligence Financial Crimes 52

The Payments Association

MARCH 25, 2025

AML compliance requires risk assessment, transaction monitoring, and reporting suspicious activity. However, implementing such measures is resource-intensive and requires continuous adaptation to emerging threats and regulatory changes. This has been instrumental in maintaining customer trust while meeting legal expectations.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

FICO

MARCH 8, 2021

eDriving SM , a leading global provider of digital driver risk management programs, has partnered with FICO to create scoring algorithms to capture driving behavior and develop a transformational predictor of a drivers’ risk level designed to help them reduce their risk of future collisions. Every year there are approximately 1.35

Risk 98

Risk Risk Assessment Assessments Risk Management 98

The Payments Association

DECEMBER 11, 2024

The result is a continuous need for businesses and financial institutions to evolve their fraud prevention strategies rapidly to keep up with advanced algorithms designed to exploit system weaknesses. This requires continuous investment in technological capabilities, ongoing staff training and a culture of vigilant innovation.

Fraud Prevention 88

Fraud Prevention Risk Assessment Account Takeovers Payments 88

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments?

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Monitoring and logging : Continuous monitoring of all systems and logging of activities is required to detect suspicious behavior ( Requirement 10.1 ). SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). Q2: How Often Should We Conduct PCI DSS Assessments?

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

OCTOBER 20, 2023

Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. Service Continuity : Ensures essential healthcare services remain operational. However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital.

Disaster Recovery 130

Disaster Recovery Procedures Duplicate Regulatory Compliance 130

The Payments Association

JANUARY 29, 2025

Common themes Analysis of these regulatory fines highlights four persistent weaknesses that continue to challenge the industry: Inadequate governance, accountability and culture: Ineffective governance and fragmented leadership often resulted in unaddressed vulnerabilities.

Financial Crimes 88

Financial Crimes Crime Due Diligence Money Laundering 88

VISTA InfoSec

MAY 15, 2025

Scenario-based Risk Assessment Best Practices for Financial Institutions to Enhance SWIFT Security Being SWIFT CSP compliant can bring many advantages to your organization along with enhanced security controls. Adopt a Risk-Based Approach Conduct regular risk assessments to identify vulnerabilities and address them proactively.

SWIFT 100

SWIFT Security Best Practices PCI DSS 100