Fintech News

APRIL 16, 2024

The report notes that several institutions have already started exploring the use of gen AI in risk management, citing regulatory compliance, financial crime, credit risk, modeling and data analytics, cyber risk and climate risk as emerging use cases.

Risk Management 117

Risk Management Risk AI Use Case 117

Fintech News

APRIL 27, 2025

Maintaining Trust through Security and Compliance In a region as diverse as Asia Pacific, regulatory compliance is a moving target. Thats why security and compliance are built into every layer of the Temenos SaaS platform. They are Initiation, Migration, Optimisation, and Maturity.

APACS 114

APACS Compliance On-Demand Embedded Finance 114

The Fintech Times

SEPTEMBER 19, 2024

Bahrain’s Economic Development Board (EDB) , as the nation’s investment promotion agency, supports both new and existing businesses by offering industry assessments and strategic advice, aligning with its goal of attracting investment to the Kingdom. The country has become a key hub for crypto services and fintech innovation.

Payment Service Provider (PSP) 100

Payment Service Provider (PSP) Security Regulatory Compliance Payments 100

Fintech News

MARCH 3, 2024

In her new role at FOMO Group , Cindy will be essential in advancing the company’s compliance infrastructure, ensuring adherence to the diverse regulatory landscapes of the jurisdictions in which the company operates. She has previously served as the Chief Control Officer at Bank J.

Compliance 109

Compliance AML Money Laundering Risk Assessment 109

Fintech Finance

JULY 24, 2024

Security : Implementing new solutions to support staying ahead of evolving threats.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

The Fintech Times

FEBRUARY 5, 2025

The report by AuditBoard in partnership with Ascend2 , Unlock Regulatory Compliance With DORA, NIS2, and the EU AI Act explores challenges and opportunities firms face as they look to become compliant. Meanwhile, 63 per cent of those claiming compliance report having transparency measures in place.

Compliance 64

Compliance Cybersecurity Audit AI 64

Fintech Finance

SEPTEMBER 19, 2024

As the island nation’s investment promotion agency, Bahrain EDB works closely with potential and existing clients providing key services that include industry assessments and strategic advisory, in line with its mandate of attracting investments into Bahrain.

Central Bank 104

Central Bank Service Provider Payment Service Provider (PSP) Regulatory Compliance 104

FICO

JANUARY 4, 2018

Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. Read the full post. Read the full post. A New Way to Score Credit Risk – Psychometric Assessments. He shared the characteristics scored by EFL: Read the full post.

Risk 58

Risk Posting Credit Risk Regulatory Compliance 58

The Fintech Times

APRIL 8, 2024

While BaaS solutions offer a lot of potential, many have concerns regarding the regulatory compliance of providers and the third parties that use them. To find out more about the regulatory hurdles the BaaS space possesses, we reached out to industry leaders and asked them which regulatory challenges fintechs should be most aware of.

FinTech 116

FinTech BSA Regulatory Compliance Money Laundering 116

FloQast

MAY 9, 2024

They not only uphold regulatory standards but also inform strategic decisions and protect stakeholders’ interests. However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech Review

JUNE 18, 2024

Foster a culture of compliance. Develop workflows that embed regulatory compliance into every aspect of hedge fund operations. Assess operational risk regularly. The post Why Hedge Fund Admin Software is Crucial to Your Back Office appeared first on Fintech Review. Maintain comprehensive records.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

The Fintech Times

MARCH 25, 2024

This debate has become more complex and nuanced in the context of open finance, where aligning technology investments with key objectives such as regulatory compliance, secure data management, and enhancing customer interactions takes precedence.

Finance 115

Finance Regulatory Compliance On-Demand Compliance 115

FICO

JANUARY 4, 2018

As artificial intelligence applications exploded last year, our blog posts on AI and machine learning drew thousands of readers. Here were the top 5 posts of 2017 in the Analytics & Optimization category: How to Build Credit Risk Models Using AI and Machine Learning. Read the full post. Read the full post.

Posting 55

Posting AI Credit Risk Risk 55

Fintech Finance

AUGUST 2, 2024

By tailoring machine learning models to specific client groups, it improves the precision of anomaly detection and ensures compliance with regulatory standards for each segment. Post-Execution Monitoring: ClienTek ML analyzes and scores client transaction behavior post-execution.

Instant Payments 94

Instant Payments Transactions Payment APIs and Integration Compliance 94

The Fintech Times

SEPTEMBER 14, 2024

She explains while AI can streamline compliance processes and save compliance teams time to spend elsewhere, firms need to be careful about how they implement it. AI has already transformed compliance processes in the fintech industry by making them faster, more accurate and more efficient.

Compliance 106

Compliance AI Process Suspicious Activity Report (SAR) 106

FICO

DECEMBER 19, 2022

Assessing Digital Identity — You Need to Ask “Who?” More than ever, verification throughout the customer lifecycle is necessary not only for fraud management and regulatory compliance, but also to stop legitimate customers from participating in fraud — whether intentional or not. See all Posts. Related posts.

Assessments 52

Assessments Scams Authentication Authorization 52

CB Insights

OCTOBER 29, 2020

Currently, complex processes are needed to ensure regulatory compliance and enable secure, trustworthy trades. A number of official bodies representing major economies, including the EU and China, have launched pilot schemes to assess the use of DLT in capital markets.

Real Time Gross Settlement (RTGS) 101

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

Neopay

DECEMBER 6, 2023

The Financial Conduct Authority (FCA) employs skilled person reviews, also known as Section 166 reviews, to assess and rectify concerns within financial institutions. In this guide, we discuss the dynamics of skilled person reviews, providing insights into effectively navigating this intricate regulatory landscape.

Audit 59

Audit Regulatory Compliance Financial Crimes Compliance 59

Clearly Payments

FEBRUARY 23, 2024

They serve as the foundation for assessing the overall health and performance of a payments business. This metric is crucial for assessing the reliability and efficiency of the payment processing system. Ensuring robust security measures protect sensitive payment data and maintain regulatory compliance.

Processors 105

Processors PCI DSS Payments Volume 105

Fintech Review

FEBRUARY 11, 2025

Machine learning algorithms detect fraud, assess risks, and optimise trading strategies. Traditional models rely on limited data, whereas AI assesses alternative factors like transaction history and online behaviour. This enables more accurate risk assessments and financial inclusion. Regulatory compliance also poses challenges.

AI 66

AI FinTech Risk Assessment Assessments 66

Fintech Review

JANUARY 24, 2024

One might argue that the rigorous processes banks employ in assessing loan applications reflect a diligent risk management approach. Innovative strategies like peer-to-peer platforms and AI for risk assessment are revolutionizing the market, offering tailored loans and faster approvals, thereby boosting customer satisfaction.

Risk Management 105

Risk Management Assessments Small Business Innovation 105

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. Today, regulatory compliance is paramount for digital-first businesses to reduce losses and grow. With UIDAI recording 1.96

Checks 69

Checks Risk Assessment Security Payment APIs and Integration 69

Fi911

JANUARY 31, 2024

AI-driven credit scoring models can rapidly assess an applicant’s creditworthiness, potentially reducing waiting times for loan approvals and enhancing customer satisfaction. Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service.

AI 105

AI MFA Regulatory Compliance Best Practices 105

The Fintech Times

JULY 31, 2024

” With ZestyAI models, carriers are able to move from territory-based segmentation to a property-by-property risk assessment. The post Amica Mutual Insurance Leverages AI-Powered Property and Climate Risk Analytics From ZestyAI appeared first on The Fintech Times.

Risk 59

Risk AI Risk Assessment Assessments 59

Fintech News

JULY 4, 2024

The insurance industry stands to benefit from AI’s prowess in risk assessment and claims processing, while asset managers can leverage AI for more sophisticated portfolio allocation and algorithmic trading. One promising application is in ‘nowcasting’ – using real-time data to assess current economic conditions.

Central Bank 104

Central Bank AI Correspondent Bank Correspondent 104

The Fintech Times

JUNE 19, 2024

Fenergo explained it plans to help First Abu Dhabi Bank to deliver end-to-end digital client onboarding and risk assessment for sanctions, AML and KYC. The post First Abu Dhabi Bank Integrates Fenergo CLM Solution to Enhance Client Onboarding and AML Compliance appeared first on The Fintech Times.

AML 59

AML Compliance Money Laundering Risk Assessment 59

Neopay

SEPTEMBER 2, 2024

As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. In today’s regulatory environment, compliance is not just about ticking boxes; it’s about ensuring your business operates within the law and meets all necessary standards.

Compliance 59

Compliance Regulatory Compliance Money Laundering Assessments 59

EBizCharge

MAY 5, 2025

Assessment fees: Assessment fees are imposed by major credit card networks (Visa, Mastercard, etc.) Alternatively, the cash discount model includes a service fee in the posted price, which is deducted at checkout when a customer pays with cash. Verify legal and regulatory compliance.

Credit Cards 52

Credit Cards Small Business Process ACH 52

The Fintech Times

JANUARY 28, 2025

Using alternative data sources removes the dependency on ‘credit history; and means banks can carry out faster and higher quality risk assessment and affordability analysis, expanding access to financing for those with limited banking backgrounds. For smaller fintechs, these same rules can become roadblocks.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

Neopay

FEBRUARY 29, 2024

The focus was on assessing how additional engagement had impacted firms’ readiness for compliance. Enhanced compliance activities : Firms demonstrated increased engagement in key elements of the Duty, such as identifying target markets and appointing oversight personnel.

Consumer Protection 59

Consumer Protection Consumer Compliance Assessments 59

Open Banking Excellence

SEPTEMBER 21, 2023

Cybersecurity experts Duncan McDonald, Global Head of Compliance Services & Wayne Scott, Regulatory Compliance Lead, from The NCC Group explain how to prepare for DORA compliance and why the new legislation will enhance cyber resilience across the financial sector and its supply chain.

FinTech 130

FinTech Compliance Regulations Non-Bank 130

Fintech Review

JULY 16, 2024

Loan applications become more efficient, as lenders can quickly and accurately assess an applicant’s financial health through direct access to banking data. Regulatory compliance is crucial to ensure that data sharing practices adhere to legal standards and protect consumer rights. It also promotes financial inclusion.

Innovation 98

Innovation Consumer API Financial Inclusion 98

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. How to Conduct a Thorough Identity Risk Assessment Each organization’s journey demands a meticulous understanding of its vulnerabilities and risks.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

MARCH 27, 2023

In this blog post, we'll explore the benefits of mortgage automation, the role of OCR technology in the process, and how Nanonets can help streamline the workflow. Credit Checks: Credit checks are an essential part of the mortgage application process as they help to assess the borrower's creditworthiness.

Automation 52

Automation Regulatory Compliance Underwriting Origination 52

The Payments Association

MAY 16, 2025

It outlines ten regulatory changes affecting merchants in the UK and EU between 2025 and 2026. 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.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Fintech Times

DECEMBER 28, 2023

Today our leaders address escalating challenges related to fraud and the need for businesses to take proactive measures to address these issues and maintain customer trust and regulatory compliance. ” The post 2024 Fraud Predictions With Confide, SEON, Fenergo, SAS, ComplyAdvantage appeared first on The Fintech Times.

Fraud Prevention 81

Fraud Prevention Scams Fraud Detection Regulatory Compliance 81