VISTA InfoSec

OCTOBER 21, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

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. The post Dwolla Partners with Plaid to Future-Proof Pay by Bank Payments appeared first on FF News | Fintech Finance.

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 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. The post martini.ai

Research 59

Research AI Risk Assessment Due Diligence 59

Fintech Review

MARCH 11, 2025

This approach not only empowers users with rapid, accurate risk assessments but also feeds critical intelligence into banks fraud prevention systems, ensuring proactive defense measures are always one step ahead. By delivering rapid, accurate assessments, ScamAlert empowers consumers while enhancing banks risk management.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 52

Fintech News

FEBRUARY 10, 2025

In fintech, Agentic AI could enhance fraud prevention, risk management, trading, and customer engagement by autonomously analysing financial data, detecting anomalies, and executing decisions in real time. Source of image: Edited from Freepik The post Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence?

AI 86

AI FinTech Fraud Detection Fraud Prevention 86

Fintech News

JANUARY 21, 2025

Artificial intelligence (AI) is also gaining traction, particularly for risk assessment and operational efficiency. Open banking leaders and laggers in Southeast Asia, Source: Twimbit analysis, Dec 2024 Featured image credit: edited from freepik The post Is 2025 Finally the Year for Open Finance in Southeast Asia?

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

VISTA InfoSec

OCTOBER 7, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

VISTA InfoSec

MARCH 6, 2024

In this post, we’ll break down the key changes to Requirement 10 from PCI DSS 3.2.1 assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. Risk Assessment Requires performing a risk assessment post-failure, to consider any further actions needed.

PCI DSS 130

PCI DSS Procedures Best Practices Assessments 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

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

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

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

Finovate

FEBRUARY 10, 2025

It combines behavioral biometrics, behavioral analytics, advanced malware detection, and network and device assessment to provide active and preemptive defense against threats. Photo by Liene Ratniece The post Backbase and Feedzai Integrate Financial Crime Prevention with Engagement Banking appeared first on Finovate.

Financial Crimes 64

Financial Crimes Crime Fraud Prevention Account Takeovers 64

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 113

Money Laundering Crime Risk Law Enforcement 113

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 Crime Law Enforcement 109

Fintech News

DECEMBER 12, 2023

Credit rating agency S&P Global Ratings has unveiled its new stablecoin stability assessment service, designed to evaluate their capability in maintaining a stable value in comparison to traditional fiat currencies. The assessment methodology employed by S&P Global Ratings is thorough and multifaceted.

Stablecoins 117

Stablecoins Assessments Risk Assessment Risk 117

Fintech News

NOVEMBER 6, 2024

The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely. These tools are also intended to reduce the risk of fraud and scams. The post Brankas and ADVANCE.AI

Compliance 106

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 106

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. The post Yaspa Joins the Payments Association to Drive Open Banking Innovation appeared first on FF News | Fintech Finance.

Innovation 52

Innovation Real Time Payments Verification Risk Assessment 52

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. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

The Fintech Times

NOVEMBER 2, 2024

Ltd : Developed an ‘e-KYC’ solution to digitally onboard customers, using advanced technologies like artificial intelligence, machine learning, thumbprint and facial recognition for a streamlined digital KYC platform Soft Net Technology : Proposed a centralised loan application platform in response to pre- and post-Covid challenges.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Fintech News

MARCH 31, 2024

This balance ensures the protection of legitimate customers’ interests while empowering FIs to effectively assess and mitigate risks associated with financial crimes. The post COSMIC Platform Goes Live in Singapore to Combat Financial Crime appeared first on Fintech Singapore.

Financial Crimes 113

Financial Crimes Crime Money Laundering Law Enforcement 113

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. The post Navigating Compliance Challenges with FloQast: Inside the New Enhancements to FloQast Compliance Management appeared first on FloQast.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

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. It is essential to mitigate these risks to prevent potentially devastating impacts.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

Fintech News

JANUARY 16, 2024

Utilising advanced technology, Igloo’s Weather Index Insurance employs big data, real-time risk assessment, and automated claims management. Featured image credit: Edited from Unsplash The post Igloo Expands Weather Protection Insurance Coverage for Vietnamese Farmers appeared first on Fintech Singapore.

Risk Assessment 120

Risk Assessment Database Blockchain Assessments 120

Finovate

DECEMBER 16, 2024

“Open Banking sits at the core of SME credit decisioning and brings confidence to underwriting risk assessments,” Capitalise Co-Founder Ollie Maitland said. Photo by Jaanus Jagomgi on Unsplash The post Capitalise Teams Up with Plaid appeared first on Finovate. Plaid reported that adoption of open banking by U.K.-based

Small Business 59

Small Business Non-Bank Risk Assessment Finance 59

Fintech Review

APRIL 3, 2025

Our systems are structured to interpret large-scale data inputs, allowing us to manage volatility and risk exposure effectively. William Rieke, whose background includes financial modeling and automation, added, We are applying AI not only to assess sentiment and trends but also to refine execution strategies in real time.

AI 52

AI Risk Management Risk Assessment Assessments 52

Neopay

APRIL 22, 2025

Compliance regimes need to respond accordingly, with risk assessments that are proactive and substantive continuous monitoring. The post NCA targets barbershops in major operation against money laundering and modern slavery appeared first on Neopay. It frequently starts on the high street, in plain sight.

Money Laundering 52

Money Laundering Crime Financial Crimes Due Diligence 52

Cardfellow

APRIL 27, 2025

You may recognize the Self-Assessment Questionnaire (SAQ) that businesses using the Defined Approach will submit. standards push for more proactive security that keeps pace with the changing nature of security risks and fraud. The post PCI DSS 4.0 The PCI DSS website includes an infographic about version 4.0, requirements.

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Fintech News

MAY 22, 2024

Arctic Intelligence (Australia) Headquartered in Sydney, Australia, Arctic Intelligence is a multi-award-winning regtech company specializing in financial crime risk assessment technologies. Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively.

Financial Crimes 104

Financial Crimes Crime APACS Risk Assessment 104

Finovate

JUNE 3, 2025

Today, the company offers transaction monitoring, dynamic customer risk assessment, and real-time transaction and customer screening to financial institutions around the world including Santander, Mashreq Bank, and Travelex. Founded in 2013, ThetaRay made its Finovate debut at FinovateFall 2015 in New York.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Financial Crimes Crime 52

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

VISTA InfoSec

NOVEMBER 12, 2024

SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). You may also post your questions in the comment section to get answers to your queries. They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

SaaS providers must assess and monitor these vendors to ensure they meet PCI DSS requirements as well ( Requirement 12.8.4 ). You may also post your questions in the comment section to get answers to your queries. They require an annual on-site assessment by a Qualified Security Assessor (QSA) and quarterly scans.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fintech News

JANUARY 25, 2024

These AI-based solutions are designed to strengthen EY’s use of ServiceNow risk management offerings, with emphasis on ethical, transparent, and accountable business conduct. ” The post ServiceNow Lands AI Partnerships with Visa and EY appeared first on Fintech Singapore.

AI 120

AI Disputes Risk Management Risk Assessment 120

VISTA InfoSec

MARCH 5, 2024

This blog post will delve into one such critical area – Requirement 9: Restrict Physical Access to Cardholder Data. Whether you’re a business owner, a security professional, or just someone interested in data security, this blog post will provide you with valuable insights into the latest updates in PCI DSS Requirement 9.

PCI DSS 147

PCI DSS Procedures Assessments Checks 147