PYMNTS

OCTOBER 7, 2016

.” Financial institutions today are also struggling to connect the dots between all of the ways they use data analytics to mitigate risk and add value to their lending operations, added Horrocks. He offered the example of banks using analysis of financial statements to assess risk in the loan origination process.

Origination

Fintech News

JULY 24, 2024

As financial services become more digitalised, they face increasing susceptibility to sophisticated cyber threats, demanding advanced security measures. Finally, the Evaluation stage ensures continuous assessment and improvement. Banks must, therefore, prioritise resilience and continuity as never before.

Finance

PYMNTS

OCTOBER 23, 2020

It's for this reason that cybersecurity risks have climbed to the top of procurement professionals' minds as they develop their supplier management strategies. But third-party risk is complex and multifaceted, demanding a juggling act of coordination, collaboration and research. Risk Focus In Flux. Thinking Ahead.

Risk

PYMNTS

JANUARY 31, 2019

demand for faster payment capabilities, too. .” ” The report also issued a slight warning to the industry: While faster payment innovations and technologies are progressing, solutions “tend to focus on technology more than risk,” with less attention paid to risk mitigation and legality than to speed.

Faster Payments

PYMNTS

JANUARY 30, 2019

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan.

Risk

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury

PYMNTS

JUNE 17, 2020

Gianluca Pizzituti , CEO and co-founder of invoice financing platform Velotrade , told PYMNTS about the risks financiers must mitigate in the trade finance arena, the role of data in mitigating those threats, and the evolving role of invoice finance to help B2B companies endure the most volatile market many have seen in years.

Finance

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management

PYMNTS

APRIL 22, 2019

Those challenges include the costs of investing in and deploying faster payment systems, understanding and meeting the demand for these technologies, and navigating a shifting operational model of payments. Adoption and implementation will rely significantly on market demand.

Faster Payments

PYMNTS

APRIL 27, 2016

More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

Risk

The Fintech Times

JUNE 3, 2024

Having assessed their in-house strengths and weaknesses and developed a clear understanding of the competitive market, the next crucial move is ensuring stakeholders from C-level to operational teams are involved. You need to carefully assess and continuously monitor this risk factor.

AI

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance. Evaluating potential suppliers through a rigorous qualification process can help mitigate risks and ensure that they align with the business objectives and values.

Risk Mitigation

The Fintech Times

DECEMBER 9, 2023

To meet the demands and needs of customers in 2024, banks and financial services need to shift from reactive to proactive. The integration of data, AI, and scalable technologies will be explored to optimise risk and opportunity, challenging the traditional paradigm where risk mitigation often takes precedence.

Consumer

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “Automated workflows facilitate real-time risk management, ensuring a coordinated response to evolving threats.

Risk

PYMNTS

NOVEMBER 15, 2016

But for lenders in this space, the B2B payments behaviors of these firms can make risk mitigation and creditworthiness assessments particularly challenging — especially today. But in some niche markets, particular cash flow characteristics may be best serviced by an expert. The firm targets digital media businesses.

Cash Management

PYMNTS

APRIL 3, 2019

The demand for cyber insurance is on the rise, with the sector expected to reach a $7.5 The cyber insurance market is an emerging sector, Sayata Labs CEO and Co-Founder Asaf Lifshitz explained in a recent interview with PYMNTS, and insurance providers are facing some tough hurdles in underwriting and risk mitigation.

Small Business

PYMNTS

JANUARY 5, 2017

Enabling better management of aspects of procurement , like intake, means businesses don’t have to miss out on deals with suppliers, which, according to Garber, is becoming a critical piece of the procurement puzzle as supplier management becomes a way to mitigate risk and take advantage of early payment discounts.

Risk

PYMNTS

MAY 10, 2018

.” Today, however, banks show signs of a struggle when it comes to meeting the increasing demand for digital services among their corporate and small business clientele. Rising Risks, Demand For Digitization: A Double Threat. “There are risks here, too, that should be properly assessed, priced and mitigated.”

SWIFT

FICO

JANUARY 24, 2018

Two of today’s hottest tech topics — cybersecurity insurance and artificial intelligence (AI) — were well represented at recent conferences in insurance and banking, respectively: Advisen Cyber Risks Insights Conference and Bank AI Expo. FICO ESS is a powerful risk mitigation tool. Here’s my take.

Cybersecurity

Trade Credit & Liquidity Management

MAY 27, 2025

Traditional credit agencies, big data risk intelligence providers, and digital-native fraud platforms are racing to outpace fraudsters, each offering distinct strengths and facing unique challenges. Experian ( www.experian.com ): Offers credit risk assessment tools and fraud detection services, leveraging extensive consumer and business data.

Fraud Prevention

PYMNTS

MAY 7, 2020

Argos Risk and Gatekeeper are teaming up to offer enhanced third-party and supplier risk management solutions in a Software-as-a-Service offering that aims to support the buyer-supplier relationship. Gilded Eyes AR To Support AP Demand. Fintainium, CIT Team For SMB Cash Flow. Qwil Enables Vendors To Choose Payment Terms.

Payer

Segpay

JANUARY 10, 2025

This is especially true for high-risk industries like adult content, online gaming, or CBD products, where finding reliable payment processing can be a significant challenge. Online Gaming : High volumes and strict compliance demands. What Sets High-Risk Payment Processors Apart? Why Was My Merchant Account Shut Down?

Processors

PYMNTS

APRIL 20, 2017

CyberGRX focuses on these external threats, offering companies its CyberGRX Exchange platform that it claims is the world’s first global third-party cyber risk management exchange. Schneider said that of all the risks a business can face today, cybersecurity and data security are top of the heap. Let’s face it,” he said. “To

Cybersecurity

PYMNTS

JULY 3, 2018

But SMB loan underwriting at traditional FIs has, for the most part, remained unchanged, even as alternative lenders began exploring the role of alternative data in the risk mitigation process. The issue at hand, however, is that Facebook stats are hardly reliable to traditional lenders mitigating the risk of small business borrowers.

Underwriting

PYMNTS

FEBRUARY 15, 2019

However, there are other risks facing organizations in the market today, including the challenge of identifying the best suppliers with which to work. “People want to mitigate risk of where they are buying from,” he said. “People want to mitigate risk of where they are buying from,” he said.

Mitigation

Nanonets

APRIL 24, 2024

The auditor assesses risks, identifies key areas for review, and develops an audit plan tailored to the organization's specific needs. They assess the adequacy and accuracy of documentation to support the integrity of financial records.

Reconciliation

PYMNTS

JUNE 30, 2016

Globalization has enterprises of all sizes keeping a closer eye on their exposure to risks related to foreign exchange volatility, political changes and the like. Scenario planning technology enables a business to take all of this into account, and more, to assess both positive and negative possible outcomes of an event. referendum?

Mitigation

PYMNTS

JULY 19, 2018

There is a lot of apprehension on both sides as there is new and rapid advancement of technology and everyone is unsure — particularly the incumbent bank who isn’t accustomed to taking leaps and bounds on different risks,” Epperson noted. Each partner poses unique risks, after all. Embracing a Multidisciplinary Approach.

Risk

Nanonets

DECEMBER 10, 2023

Purchase orders, invoices, bills of lading, and various other paperwork demand meticulous attention, yet manual processing can be time-consuming, error-prone, and resource-intensive. One of the pivotal hurdles faced by the logistics sector revolves around the management of logistics documents.

Automation

Fintech Review

FEBRUARY 25, 2025

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.

Finance

The Fintech Times

FEBRUARY 6, 2025

Olegs Cernisevs, CTO, Blackcatcard A recent study by Olegs Cernisevs, doctor of science and CTO of Blackcatcard , highlighted how environmental risks significantly affect human safety and operational continuity in fintech. Whats next for risk management? Transportation is another area where geography plays a critical role.

Risk Management

The Payments Association

MAY 19, 2025

It demands a reassessment of licensing, governance, risk management, and safeguarding procedures across all crypto-related operations. The real test, however, lies in the regulators readiness to apply a risk-based approach. Early FCA authorisation offers strategic advantages, from brand trust to first-mover positioning.

Compliance

The Payments Association

MAY 14, 2025

Chief among them is de-risking. Banks in developed economies are reducing their exposure to institutions in high-risk jurisdictions, she noted, leaving those players cut off and often reliant on less-regulated alternatives. This includes visibility into documentation, rule application, and risk assessments.

Cross-Border Payments