The Fintech Times

JUNE 7, 2024

The upgrade boasts the ability to enhance productivity by as much as 90 per cent and result in significant cost savings. Luci not only evaluates the legitimacy of businesses but also provides well-documented recommendations with complete references to the data sources used, ensuring full auditability and explainability of its assessments.

Financial Crimes 64

Financial Crimes Crime AI Third Party Vendors 64

PYMNTS

FEBRUARY 12, 2019

was found to have been sourcing materials from two Chinese suppliers for false eyelash products. The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers.

Settlement 43

Settlement Compliance Risk OFAC 43

PYMNTS

SEPTEMBER 24, 2019

And in other wrinkles, more than 30 states have what are known as “marketplace facilitator” provisions that stipulate platforms that enable third-party vendors to sell their products must collect and remit taxes on behalf of their marketplace sellers. As a result, audits and penalties may loom.

Third Party Vendors 46

Third Party Vendors Laws Rules Facilitators 46

Nanonets

MAY 31, 2023

The operation of any business hinges on the procurement of essential goods and services from third party vendors.  While Purchasing is a transactional function that involves sourcing and acquiring products and services. Examples are machinery, raw materials, chemicals, etc.

Process 52

Process Automation Product Third Party Vendors 52

PYMNTS

AUGUST 20, 2018

“Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities. They also have lower costs because subprime-facing products generally do not include costly run reward programs.

FBI 40

FBI Zelle ATM Credit Cards 40

PYMNTS

AUGUST 20, 2018

“Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities. They also have lower costs – because subprime facing products generally do not include costly to run reward programs.

FBI 40

FBI Zelle Credit Cards ATM 40

Fintech Labs Insights

JULY 22, 2015

Fueled by a strong, open API strategy, Backbase’s platform gives FI’s the ultimate freedom and flexibility to work with any core and third party vendor, to create a best-of-breed digital banking offering for their clients. Collaboration on the app is fully audit-trailed, for all users on all devices.

Payment APIs and Integration 29

Payment APIs and Integration Online and Mobile Banking API EMV 29