Finextra

JUNE 6, 2025

PayPal’s BNPL solution, Pay in 4, incorporates sophisticated fraud prevention technology and machine learning models to assess creditworthiness quickly. Among other things, Sezzle is using machine learning for customer risk assessment and to offer tailored financing options.

BNPL

The Fintech Times

JUNE 19, 2025

AI, automation, and embedded insurance are just some of the technologies driving change in everything from underwriting and claims to customer engagement, leading many industry firms and leaders to rethink their approach. . “The increase in available data sources is transforming risk assessment capabilities.

AI

The Payments Association

MARCH 25, 2025

AML compliance requires risk assessment, transaction monitoring, and reporting suspicious activity. Traditional methods struggle against evolving financial crimes, but AI enhances efficiency, accuracy, and compliance. AI automates compliance tasks like data collection, report generation, and regulatory submissions.

Regulatory Compliance

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

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. million annually, according to FloQast’s survey.

Compliance

Fintech News

APRIL 16, 2024

Generative artificial intelligence (AI), also known as gen AI, is expected to significantly impact risk management over the next five years, allowing financial institutions to automate tasks, accelerate processes and improve efficiencies. Following a credit decision, gen AI can draft the credit memo and contract.

Risk Management

Nanonets

APRIL 11, 2023

In this blog post, we will discuss the challenges faced by commercial lenders today, the pain points in the loan process, and how loan automation can address these issues to deliver significant benefits to all stakeholders. Manual compliance processes increase the risk of non-compliance and may result in costly fines or penalties.

Origination

Fintech Finance

AUGUST 2, 2024

By evaluating daily transactional data, it assigns personalized scores and ranks clients based on their behavior, helping financial institutions prioritize risks and identify emerging trends, thereby enhancing the accuracy of risk assessment. Faisal I. ,

Instant Payments

Stax

AUGUST 22, 2024

PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. Major risk factors for PayFacs include fraudulent transactions, merchant credit risk, regulatory compliance, and operational risks.

Risk Management

Fintech Review

FEBRUARY 11, 2025

AIs Strengths in Fintech AI revolutionises financial services by automating complex tasks. 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.

AI

Nanonets

SEPTEMBER 18, 2024

Financial document automation is not just changing the game – it's rewriting the rules.  Enter financial document automation, a game-changing solution revolutionizing how companies handle their paperwork, regardless of size or industry. How does financial document automation work?

Automation

Nanonets

APRIL 5, 2023

But with a growing number of loan applications and an increasing number of delinquencies, how can lenders effectively manage risk without sacrificing efficiency? The answer lies in automating steps in the lending process. Despite having a team of experts, making accurate lending decisions while minimizing risk remains a challenge.

Automation

Nanonets

AUGUST 16, 2024

But insurance claim automation is paving the way for faster, more accurate, and more customer-friendly experiences. This article explores the impact of automation on the claims landscape, whether you're an insurer looking to streamline operations or a policyholder seeking quicker resolutions. What is claims process automation?

Automation

Nanonets

DECEMBER 13, 2023

Integrating AI and automation into the underwriting workflow presents a significant opportunity to minimize the time allocated to administrative tasks, manual processes, and repetitive data entries. In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data. . #1:

AI

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. “This improves customer due diligence by concurrently cross-referencing many databases to verify identities with potential clients and any risks associated with them.

Compliance

FICO

FEBRUARY 15, 2021

All Digital Transactions Monitored For High-risk Behaviour. Eurobank , one of the four Greek systemic banks, now performs real-time AML (anti-money laundering) and KYC (Know Your Customer) checks, with automation across digital and remote channels resulting in substantial efficiency improvements. . New Regulatory Requirements.

Money Laundering

Nanonets

AUGUST 22, 2023

Imagine a landscape where the repetitive tasks that consume your time are transformed into seamless, automated processes. Welcome to the world of Excel automation. What is Excel Automation? Get Started Why is Excel Automation Important? Get Started Why is Excel Automation Important?

Automation

The Payments Association

OCTOBER 3, 2024

Obsolete legacy systems, often laden with manual processes and fragmented data silos, need to be replaced with integrated platforms that automate workflows and provide real-time data access. Sophisticated credit-scoring algorithms allow for more accurate risk assessment, enabling banks to extend credit responsibly and efficiently.

Payment APIs and Integration

FICO

MARCH 24, 2021

Evolution of traditional trade finance models from paper and process-intensive models to a data-driven, automated decisioning mode. Other Risk Considerations. Here are some quick tips to keep you focused on your priorities: Review Risk Assessments and adjust internal controls as needed. Set clear and realistic priorities.

Money Laundering

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines.

Suspicious Activity Report (SAR)

M2P Fintech

DECEMBER 17, 2024

A risk assessment follows, evaluating the merchants profile through credit checks and performance analysis, leading to application approval or rejection based on these findings. Dispute Management Automated dispute processing streamlines workflows for efficient case management.

Fraud Detection

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

M2P Fintech

JANUARY 28, 2025

The platform ensures seamless operations, 100% regulatory compliance, and reduced errors, helping lenders accelerate product launches, enhance operational efficiency, and scale with ease. Integrated Reports Repository : Automates financial reporting and enables co-lending for risk-sharing and improved credit access.

Payment APIs and Integration

Trade Credit & Liquidity Management

APRIL 16, 2025

Improve Credit Onboarding Automation and Controls: Provide a customizable credit application portal for new accounts that requires the documentation and an appropriate customer credit application to be completed fully and accurately prior to submission to the credit department.

Procedures

M2P Fintech

JANUARY 21, 2025

In order to achieve the above, the LOS must feature automated workflows to reduce manual tasks, seamless data integration with existing systems, compliance tools for regulatory adherence, and multi-channel support to engage borrowers across platforms.

Origination

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. We help customers speed up time to compliance by 50%, with lower implementation and maintenance costs and fewer IT and project resources.

Financial Crimes

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. ” So is risk orchestration all it’s cracked up to be? Automation supports compliance Sarah A.

Risk

Trade Credit & Liquidity Management

MAY 27, 2025

The Rise of Digital Fraud Prevention Tools Another Trade Credit & Liquidity Management article, " Automating Fraud Prevention in B2B Credit ,” reports on how Bectran, an order-to-cash software provider, has partnered with Ekata by Mastercard to enhance fraud prevention in B2B credit operations. billion in 2022 to $252.7

Fraud Prevention

M2P Fintech

NOVEMBER 7, 2024

A loan origination system is a software solution that automates the entire loan process for lenders, right from lead generation and customer onboarding to credit assessment and transfer to the loan management system. Faster decision-making : Automated data sharing speeds up credit checks, approvals, and underwriting processes.

Origination

Seon

JUNE 29, 2023

Part of staying compliant with KYT – and thus avoiding fines – involves assessing how effectively your organization has implemented the process. KYT helps organizations reduce their chances of being subjected to fines for failures in AML compliance. KYT is a regulatory compliance requirement.

Transactions

EBizCharge

NOVEMBER 12, 2024

Risk assessment: After gathering the necessary information, a risk assessment is conducted to evaluate a business’s risk profile. Underwriters analyze factors such as transaction volumes and potential risks to determine the likelihood of financial instability or fraud.

Underwriting

Seon

SEPTEMBER 20, 2023

Carry out an initial risk assessment to determine if there are any reasons to question the person’s legitimacy. This allows the organization to determine the individual’s risk level to inform future due diligence procedures, such as anti-money laundering (AML) or fraud prevention regulations.

Process

The Payments Association

MAY 16, 2025

The FCA’s final guidance, issued in April 2025, outlines “reasonable procedures,” including fraud risk assessments, internal controls, staff training, and governance oversight. Next steps/action required: Conduct a comprehensive fraud risk assessment across all channels and partners.

Regulations

The Fintech Times

MARCH 18, 2024

These tools also enable businesses to tailor their fraud prevention measures, allowing for the integration of industry-specific rules and parameters that align with their unique risk profiles.

Fraud Prevention

Nanonets

SEPTEMBER 27, 2024

The need for automation in the insurance industry is more pressing than ever. According to a recent study by Datos Insights , the insurance industry lags in terms of digitisation, with only 20% automation in underwriting and less than 3% automation in claims processing across sectors. So, let’s get started.

Process

M2P Fintech

FEBRUARY 25, 2025

Institutions that rely on outdated systems risk falling behind. By leveraging Loan Management Software , lenders can streamline operations, deliver personalized services, ensure regulatory compliance, and scale effortlessly to meet the demands of a diverse and growing customer base.

Payment APIs and Integration

M2P Fintech

FEBRUARY 28, 2025

Streamlining operations, enhancing compliance, and improving customer experiencesthese are the cornerstones of a successful lending business. This blog dives into 10 major types of Loan Management Systems (LMS), exploring how these powerful solutions can automate your processes, mitigate risk, and drive growth.

Payment APIs and Integration