The Payments Association
FEBRUARY 14, 2025
As stablecoins gain traction, firms must assess compliance requirements, security risks, and integration strategies to ensure readiness. Firms should assess the risks of stablecoin transactions, including volatility, cybersecurity threats, and regulatory changes. From left to right): Martin Cook, Matthew Jones, and Brandon Wong
The Payments Association
DECEMBER 9, 2024
Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems. Without clear accountability mechanisms, assessing whether an AI systems actions align with privacy regulations or ethical standards becomes nearly impossible.
VISTA InfoSec
MARCH 25, 2025
Organization that are certified by CREST goes thorough assessments of their methodologies, quality assurance processes, and data security measures, offering assurance to clients seeking reliable and trustworthy security services. CERT-IN Empanelment : Recognized by the Indian government as a trusted security assessor.
The Payments Association
FEBRUARY 10, 2025
The Economic Crime and Corporate Transparency Act 2023, specifically the “failure-to-prevent fraud” offence, and outlines how businesses can mitigate fraud risks. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability. Why is it important?
The Payments Association
JULY 19, 2025
The UK government’s 2025 National Risk Assessment (NRA) , published this month, confirms that the risk classification for e-money institutions (EMIs) has been elevated for both money laundering (ML) and terrorist financing (TF). This marks a significant shift from the 2020 assessment, in which EMIs were rated as “medium” risk.
VISTA InfoSec
MARCH 13, 2025
Regular monitoring and testing of networks: Performing routine security assessments. As cybercriminals continue to evolve their tactics, businesses must prioritize strong cybersecurity measures to mitigate these risks. Implementing strong access control measures: Limiting access to cardholder data based on job responsibilities.
The Payments Association
FEBRUARY 10, 2025
Andrew Doukanaris Ambassador, The Payments Association While vIBANs have positive use cases, challenges exist in limited monitoring of the end user, alignment with the PSPs risk appetite, and the lack of a consistent framework to mitigate financial crime and regulatory risks. Common standards would bring consistency and confidence.
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