VISTA InfoSec

SEPTEMBER 5, 2024

With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures. Powering down the device if its showing signs of significant compromise, but only after assessing if its safe to do so. How can SMEs stay ahead of cyber security threats?

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures. Powering down the device if it’s showing signs of significant compromise, but only after assessing if it’s safe to do so. How can SMEs stay ahead of cyber security threats?

Security 130

Security Phishing Ransomware Risk Assessment 130

The Fintech Times

APRIL 24, 2025

Family Law Cafe , a legal services platform specialising in divorce, finances and child custody, has selected open banking payment solution, Atoa , to send payment links to all clients via SMS, alongside credit card and bank transfer options. It says it hopes the decision will help drive frictionless payments in the legal sector.

FinTech 59

FinTech Cross-Border Payment APIs and Integration Multi-Currency 59

The Fintech Times

FEBRUARY 19, 2025

.” Risks of automation dependance Sharing a similar view, Adam Ennamli , chief risk and security officer at General Bank of Canada , added: “Failures can have existential consequences, from significant monetary losses to complete loss of market trust and regulatory penalties.

AI 64

AI Risk Monetary Loss Automation 64

Fintech News

SEPTEMBER 4, 2024

Through partnerships with credit bureaus, the app also provides access to users’ credit scores, enabling them to explore opportunities for credit cards, loans, and other financial products. It also includes a marketplace where users can compare credit cards and insurance plans tailored to their needs.

FinTech 117

FinTech Cross-Border Payment APIs and Integration Credit Cards 117

FICO

JUNE 28, 2018

Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations. Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered by technology from analytics software firm FICO.

Credit Cards 51

Credit Cards Origination Risk Assessment AI 51

VISTA InfoSec

NOVEMBER 12, 2024

So, in a world where regulatory scrutiny is increasing, especially in sectors like finance and healthcare, SaaS companies must align with PCI DSS to meet regulatory requirements to authorize transactions and avoid penalties, fees, or, in severe cases, a ban on processing credit cards by major payment brands (e.g. Visa, MasterCard, etc.)

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

So, in a world where regulatory scrutiny is increasing, especially in sectors like finance and healthcare, SaaS companies must align with PCI DSS to meet regulatory requirements to authorize transactions and avoid penalties, fees, or, in severe cases, a ban on processing credit cards by major payment brands (e.g. Visa, MasterCard, etc.)

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

JULY 5, 2023

These guidelines are now diligently maintained by the Payment Card Industry Security Standards Council (PCI SSC), which is responsible for ensuring that organizations comply with the guidelines to ensure secure card transactions and protect against data theft and fraud. That’s where PCI DSS comes in. The PCI DSS v4.0

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

Fintech Finance

SEPTEMBER 18, 2024

Slope’s innovative payment platform offers two key payment solutions for B2B customers: “Pay Later” (Net Terms or Installments) and “Pay Now” (ACH and credit card acceptance). Morgan, bringing its total funding to $252m.

B2B 98

B2B Reconciliation Payments Risk Assessment 98

Fi911

DECEMBER 19, 2023

ML employs computational statistics and mathematical models to establish normal user behavior and enhance predictive accuracy.

Fraud Prevention 98

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 98

Clearly Payments

JANUARY 8, 2024

In this guide, we go into the topics of risk management in payment processing, equipping merchants with the knowledge and strategies needed to secure their transactions. Identifying and Assessing Risks Understanding the lay of the land is the first step in effective risk management.

Risk Management 97

Risk Management Risk PCI DSS Process 97

PYMNTS

APRIL 2, 2020

It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. Bank of America (BoA) is one notable success story in the field of analytical risk assessment.

Credit Union 94

Credit Union Risk Risk Assessment Assessments 94

FICO

APRIL 6, 2018

How are advances in artificial intelligence and machine learning changing credit risk assessment? This led to a new scorecard and index that rank-orders affordability risk and complements traditional credit risk scores. Join me at this session on Thursday, April 19, 10:15-11:15.

Credit Risk 89

Credit Risk Risk Assessment Risk AI 89

PYMNTS

MAY 30, 2018

In other instances, he used two credit cards tied to the university to send cash to himself via PayPal and Square. A number of those transactions, said the aforementioned website, were described as being part of “risk assessment of facilities.”. The employee, Merlisha A.

Credit Cards 49

Credit Cards Risk Assessment Identity Theft Payments 49

PYMNTS

JULY 21, 2020

Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the financial industry specifically. Credit card fraud is just one of many techniques that fraudsters leverage to scam FIs and their customers, but it is on the rise amid the pandemic.

Crime 66

Crime Financial Crimes FBI Cybersecurity 66

EBizCharge

NOVEMBER 12, 2024

Merchant underwriting is the process of evaluating a business’s risk before providing it with a merchant account to process electronic payments. Merchant underwriting requires a thorough assessment of a business’s potential financial risks to ensure safe and secure transactions.

Underwriting 52

Underwriting ISOs Risk Assessment Assessments 52

Trade Credit & Liquidity Management

APRIL 16, 2025

Photo by Çağlar Oskay on Unsplash ) Balance automates the entire invoice-to-cash cycle behind the scenes, handling onboarding, risk assessment, billing, collections, and cash application. Marketplace OS: Tools for online marketplaces to manage payments, financing options for buyers, and payouts to vendors.

B2B 52

B2B Wire Transfer Risk Assessment Credit Cards 52

PYMNTS

OCTOBER 3, 2016

Fannie Mae, which is the government-run entity that finances mortgages across the United States, is now revamping its risk assessment technology in an effort to include more information on borrowers’ credit. The expanded information will tap into credit card payment history.

Risk Assessment 55

Risk Assessment Underwriting Credit Cards Assessments 55

FICO

OCTOBER 26, 2016

Making credit decisions. Many consumer credit decisions (such as applications for credit cards and loans) are made using FICO® Origination Manager. In this solution, machine learning helps significantly improve the overall predictive power of our models by determining the risk assessment of applicants through AI.

Risk Assessment 69

Risk Assessment Online and Mobile Banking AI Assessments 69

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

PYMNTS

MARCH 13, 2017

Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. Research by Aite predicts that by 2020 card-not-present (CNP) fraud will reach $7.2 billion in the U.S. CNP fraud is on the rise in the U.S.

Risk Assessment 40

Risk Assessment EMV Assessments Risk 40

Tearsheet

JULY 1, 2024

That seems to be driven by BNPL’s ease of use, availability and attractiveness as an alternative to credit cards. Very few in this generation use physical cards. Financial Inclusion: Prepaid vouchers and online cash are great for young adults and those without access to traditional banking or credit cards.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

PYMNTS

OCTOBER 13, 2017

During the holidays, it takes an A-plus effort from Emailage and the merchants who use it to really stay on top of transaction risk assessment and approval. The startup’s clients should not have to wait longer for risk assessment results just because there’s more traffic, said Emailage Director of Marketing Dorothy Wolden.

Risk Assessment 46

Risk Assessment Account Takeovers Fraud Detection Assessments 46

Seon

JUNE 24, 2024

A critical aspect of cybersecurity, the fundamentals within this realm center on three main components: identifying, assessing and mitigating risks associated with digital identities and access controls across an organization. The following details a five-step process.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

FICO

MARCH 9, 2020

I gave Banreservas high marks for significantly improving its risk assessment of consumers whilst issuing loans faster.”. Banreservas worked with FICO to carefully create an approach tailored to its needs across personal loans, credit cards and loans to SMEs.

Automation 52

Automation Origination Risk Assessment Assessments 52

Finovate

OCTOBER 8, 2024

Plaid estimates that payments made directly from the consumer’s bank account offer a 40% lower processing cost when compared to credit card payments. The second benefit is lower risk. Plaid’s risk assessment results in fewer returns for recurring payments.

Non-Bank 59

Non-Bank Risk Assessment Processors Returns 59

FICO

JUNE 23, 2023

A more predictive credit score means more predictable cash flows which are, in turn, more attractive to investors for all types of securitized assets (e.g., mortgages, auto loans, credit cards, etc.) The validation results for FICO Score 10 T demonstrate improved credit risk prediction for this segment of the population.

Credit Risk 52

Credit Risk Risk Assessment Assessments Risk 52

The Fintech Times

JULY 30, 2024

. “By leveraging real-time transaction data, we’re not only streamlining the lending process but also enabling more accurate risk assessment. Lenders, including banks and fintechs, can also use Biz2X’s digital underwriting platform to create customised credit parameters and underwriting guidelines.

Underwriting 52

Underwriting Risk Assessment Embedded Finance Settlement 52

PYMNTS

APRIL 16, 2019

The FICO -dominated system that is mostly used to evaluate credit worthiness, however, is a problem because it just doesn’t capture consumers’ worthiness to borrowers as well as it could, Girouard said.

Risk 89

Risk AI Underwriting Assessments 89

PYMNTS

JANUARY 22, 2021

There was a lot of risk assessment: ‘What happens if this happens? The thorough risk assessment required envisioning possible problematic scenarios, such as funds being delivered to the wrong customer account. What if that happens?’ We had to get that for RTP,” Alvarez said.

RTP 56

RTP Finance Security Real Time Payments 56

PYMNTS

APRIL 12, 2017

The company then leverages that data to enable its platform to perform risk assessments on online retailers’ user accounts, namely email addresses associated with login. With the paid version, financial institutions receive more fine-grain risk assessments, for instance — not just the three tiers.

Account Takeovers 46

Account Takeovers Breach Risk Assessment Assessments 46

Nanonets

APRIL 5, 2023

Even in the most favourable economic conditions, borrowers with low credit scores have historically been more likely to fall behind on their payments for car loans, personal loans, and credit cards. Filtering customers based on income and savings, in addition to credit scores, can be a stronger predictor of mortgage risk.

Automation 52

Automation Process Risk Assessment Assessments 52

FICO

APRIL 28, 2023

Credit Risk Assessment Trends For a couple of decades now, there has been a growth in the use of alternative data (i.e., consumer data not included in the traditional credit file) for credit risk assessment. Why do we think use of consumer-permissioned data will expand?

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

The Fintech Times

FEBRUARY 7, 2024

“Irrespective of whether it’s a credit card, a personal loan from a bank, or a BNPL service, there will always be people who can’t manage their money or run into financial difficulties – or those who have no intention of repaying money borrowed. This transparency is crucial in busting myths and building trust.

BNPL 89

BNPL Credit Risk Risk Consumer 89

FICO

JANUARY 31, 2020

But lender credit-granting requirements, data reporting practices, consumer demand for credit and consumer use of credit have all evolved since lenders first started using FICO Score in 1989. FICO just announced the launch of our FICO® Score 10 Suite.

Innovation 52

Innovation Risk Assessment Assessments Risk 52

Stax

DECEMBER 20, 2023

TL;DR Merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account. The bank assumes the risk on behalf of the business and needs to make sure that they screen new businesses before handing out merchant accounts.

Underwriting 88

Underwriting Process Enrollments Payment APIs and Integration 88