VISTA InfoSec

NOVEMBER 4, 2024

It is a digital security framework that works alongside the General Data Protection Regulation (GDPR) to provide strong security protection to financial entities and ICT service providers from cybercrimes. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

Fintech Finance

AUGUST 27, 2024

The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU. As an EU regulation, it is directly applicable to all 27 EU member states.

Stablecoins 116

Stablecoins Multi-Currency Risk Mitigation Regulations 116

VISTA InfoSec

NOVEMBER 12, 2024

Levels 2-4 : Businesses with lower transaction volumes (up to 6 million annually) may not require an on-site assessment, but they must complete a Self-Assessment Questionnaire (SAQ) and conduct quarterly scans. To learn in detail about the 4 levels of PCI DSS check out PCI compliance levels for merchants & service providers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Levels 2-4 : Businesses with lower transaction volumes (up to 6 million annually) may not require an on-site assessment, but they must complete a Self-Assessment Questionnaire (SAQ) and conduct quarterly scans. To learn in detail about the 4 levels of PCI DSS check out PCI compliance levels for merchants & service providers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

The Fintech Times

AUGUST 28, 2024

Adjusting to MiCA The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins ), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU.

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

Finovate

FEBRUARY 15, 2024

Features Offers precision-tailored LLM specializing in financial data Delivers transparent data sourcing with detailed audit trails Provides advanced data security measures, mitigating breaches and compliance violations Who’s it for? The post FinovateEurope 2024 Sneak Peek Series: Part 6 appeared first on Finovate.

Due Diligence 59

Due Diligence Risk Assessment CRM AI 59

Finextra

JUNE 15, 2025

The gaming industry is transforming cloud technology by providing: No single point of failure – difficult to say about legacy banking systems as they may or may not been backed up. Compliance audits show the right boxes have been ticked and the backups should work. Cloud also provides rapid recovery often near real time.

Technology 52

Technology Security Online and Mobile Banking Wire Transfer 52

VISTA InfoSec

FEBRUARY 28, 2024

Acknowledges rare cases where shared accounts may be unavoidable, provides a framework for their secure use. Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). Higher risk systems need more frequent changes. Significant shift in approach. a (v3.2.1) -> 8.2.2.a

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

EBizCharge

JANUARY 16, 2025

MCCs serve a range of sectors, from retail outlet services to transportation services. They categorize beauty shops, service providers like furniture rental and repair, and other businesses. It also aids in matching transactions to specific accounts during financial audits. Who sets merchant category codes?

Credit Cards 52

Credit Cards Processors PCI DSS Fraud Detection 52

The Payments Association

JUNE 11, 2025

Simultaneously, the UK’s Platform to Business (P2B) Regulation requires online service providers to ensure sellers are identifiable and maintain transparency, including providing 15 days’ written notice for term changes. However, technology alone cannot solve the platform risk paradox.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

PYMNTS

NOVEMBER 15, 2018

Part of his vision, he explained, is for blockchain to connect all members of the B2B value chain — businesses, their vendors, financial service providers, tax authorities, auditors, accountants, and more — enabling them all to see the information they need to operate efficiently.

B2B 74

B2B Blockchain Risk Assessment Payments 74

The Payments Association

MAY 16, 2025

Regulatory developments previously confined to financial institutions and payment service providers are now extending to the systems, practices, and commercial relationships of merchantsparticularly where digital payments, cross-border transactions, and customer data are concerned.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Risk assessments should also be reviewed whenever a new business model is adopted or a new product is introduced.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

FloQast

MARCH 21, 2024

Regulatory changes to legislation, auditing standards, and financial reporting requirements According to KMPG’s 2023 SOX Report , respondents spend an average of $1.6 Regulatory changes to legislation, auditing standards, and financial reporting requirements According to KMPG’s 2023 SOX Report , respondents spend an average of $1.6

Compliance 52

Compliance Audit Automation Risk Assessment 52

FloQast

OCTOBER 27, 2023

For example, by sending payments using the Federal Reserve’s FedNow service, “businesses and individuals can send and receive instant payments in real-time, around the clock, every day of the year. The risk assessment should also identify the potential consequences of each risk and the controls in place to mitigate those risks.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

Segpay

MAY 1, 2024

Its legal framework is designed to enhance the operational resilience of all digital service providers, including payment service providers (PSPs), that operate in the European Union (EU). DORA’s Main Pillars Digital services providers, including PSPs, must adhere to ensure compliance with the framework.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

PYMNTS

SEPTEMBER 29, 2017

Seventy-nine percent of survey respondents said they are performing enterprise-wide risk assessments in response to stricter regulations, while most also said risk management is also taken into account when performing other tasks like testing, training, compliance audit programs and developing policies and procedures.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

Exact Payments

JANUARY 4, 2024

Remember that failing to meet these standards can result in significant consequences, such as fines, loss of business, and ongoing audits to demonstrate compliance. Maintaining a secure network demands anti-virus mechanisms that consistently remain active, use up-to-date signatures, and generate auditable logs.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

The Fintech Times

MARCH 5, 2024

Meo (formerly NewBanking), the Danish end-to-end platform helping clients with risk assessment and continuous due diligence, has secured €1.67million for increased growth and expansion in Europe – expanding clients beyond the traditional banking sector to VCs and law firms. 3 users with accurate, dependable and auditable data.

FinTech 59

FinTech Online and Mobile Banking Due Diligence Legal 59

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

M2P Fintech

JANUARY 28, 2025

Simplified NPA Management : This platform automates loan classification into substandard, doubtful, or NPA categories, enhancing risk assessment and portfolio control. With robust reporting features and easy compliance with audit requirements, CloudBankin ensures smooth decision-making and strengthens customer satisfaction.

Payment APIs and Integration 52

Payment APIs and Integration BNPL Regulatory Compliance Compliance 52

VISTA InfoSec

JULY 5, 2023

And if you’re a service provider who stores, processes, or transmits more than 300,000 credit card transactions each year, you’re also in Level 1. A PCI QSA audit can provide assurance that you’re on the right track. If you process at least 1 million, 2.5

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

FICO

MARCH 6, 2020

As a one-stop supplier for anti-financial crime, we cover all compliance-related requirements in a truly integrated solution that breaks down financial crime risk management silos. Our KYC solution supports real-time customer risk classification including UBO and PEP identification. A strong culture starts at the top. Absolutely.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Segpay

DECEMBER 7, 2023

Key Takeaways The DSA is a new set of rules that regulates online services in the EU, such as e-commerce platforms, marketplaces, social media networks, and online advertising providers. The DSA covers various online services, from e-commerce platforms and marketplaces to social media networks and online advertising providers.

Compliance 52

Compliance Privacy Regulatory Compliance Data Security 52

M2P Fintech

FEBRUARY 25, 2025

By analyzing borrower behavior, loan performance, and market trends, LMS provides insights that enhance risk assessment and optimize loan offerings. This proactive approach minimizes the risk of legal penalties and ensures lenders stay on top of regulatory changes.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation BNPL 52

Nanonets

AUGUST 6, 2024

Data annotation platforms will need to provide detailed audit trails, version control, and data lineage capabilities to ensure the traceability and reproducibility of annotated datasets. Partnering with experienced service providers can help overcome challenges and accelerate time-to-market.

Best Practices 52

Best Practices AI Automation Process 52

M2P Fintech

APRIL 29, 2025

Additionally, rising delinquencies due to borrower over-leveraging and economic hardships further jeopardize MFI stability.Implementing robust client identification processes and regular audits can mitigate these risks. This can stem from poor customer service, unclear loan terms, or lack of digital access.

Technology 52

Technology Assessments Risk Assessment Compliance 52

The Payments Association

MAY 19, 2025

statutory trust accounts, reconciliation, and external audits). Cross-border complexity: The UKs approach to defining digital assets as a distinct form of personal property diverges from other common law jurisdictions like Singapore and Australia, introducing potential contract enforcement risk.

Compliance 88

Compliance Stablecoins Regulations Payments 88

The Payments Association

APRIL 14, 2025

Gavin Punia Partner, financial regulation, Bird & Bird LLP All UK payment service providers should focus on implementing the FCAs operational resilience rules. This includes undertaking robust fraud risk assessments, embedding tailored internal controls, and delivering ongoing staff training.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88