Cardfellow

JUNE 7, 2025

But getting something back is better than nothing and helps mitigate financial loss of processing refunds. I’ll get into best practices to minimize refunds later in this article. Refund Best Practices So how do you avoid having to provide excessive refunds?

Accounts

Fi911

FEBRUARY 26, 2025

These are grouped into six overarching control objectives, aligning with best practices in data security. Risk-Based Approach Organizations are encouraged to adopt a risk-based approach for ongoing assessment, allowing for prioritization of mitigating high-risk vulnerabilities.

PCI DSS

Fintech News

JULY 21, 2025

Strengthening GenAI Cyber Risk Education In July 2024, MAS issued an information paper to help financial institutions better understand the cyber risks linked to GenAI, including risk implications and mitigation measures. These alternatives are designed for post-dated payments and transactions that require higher certainty of settlement.

FinTech

The Fintech Times

FEBRUARY 28, 2025

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” AI regulations are nascent, with a growing, fragmented patchwork of federal, state, and industry-specific rules.

AI

Fi911

JUNE 20, 2025

Prevention & Mitigation Strategies Enhanced identity verification at account opening provides the best defense. Members share data, best practices, and technology solutions. The post The Rise of Synthetic Identity Fraud in Financial Services appeared first on fi911blog.

Identity Theft

Evolve Payment

JULY 15, 2025

The Promise of Electronic Payments Electronic payment solutions offer a viable alternative to cash, mitigating many of the risks and challenges associated with it. The post Evolve Payment: The Safety of Cash Management appeared first on Evolve Payment. Compliance Is Key Staying compliant with state and local regulations is paramount.

Cash Management

The Fintech Times

JUNE 12, 2025

Combatting fraudsters The report also details how Bitget’s Anti-Scam Hub, innovative detection systems, and a Protection Fund exceeding $500million are being actively deployed to mitigate user risks. “This report reflects the real-world patterns we’re seeing on-chain every day.

Deepfake

EBizCharge

MAY 22, 2025

Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. To avoid this, businesses can use automated accounting software to accelerate the invoicing process, mitigate and prevent human error, and improve accuracy.

Process

The Fintech Times

JUNE 25, 2025

The post What the UK’s 10-Year Industrial Strategy Means for Fintech appeared first on The Fintech Times. . “Successful organisations will be those that embrace regulatory change while doubling down on strong internal controls and transparent reporting.

FinTech

Cardfellow

APRIL 27, 2025

Called Compensating Controls, this option allows a business with a legitimate and documented technical or business constraint that prevents them from meeting a requirement to implement other controls that mitigate the risk. The post PCI DSS 4.0 With that in mind, lets take a look at the specifics of the Defined Approach. requirements.

PCI DSS

The Fintech Times

JANUARY 7, 2025

Name Check CBI (Verification of payee VoP), is offered by CBIto mitigate fraudattempts, avoid misdirection ofpayments and enhance the stability of the financial market, forbothretailand corporatecustomers. The post CBIs Leadership in Open Finance: Expanding Value-Added Services Through Collaboration appeared first on The Fintech Times.

Value Added Service

The Fintech Times

APRIL 19, 2025

It also offers subscription strategy playbooks that guide users through best practices to optimise their operations efficiently. Recurly Compass integrates conversational AI to help companies identify new opportunities and mitigate risks in real time, ensuring continuous and strategic growth.

Alternative Payment Methods

Fintech News

JULY 18, 2025

The implementation of cybersecurity best practices continues to positively influence outcomes. Featured image credit: Fortinet The post 52% of Firms Assign Operational Technology Cybersecurity to Executives appeared first on Fintech Singapore.

Cybersecurity

The Fintech Times

JULY 19, 2025

HSBC has received a fair amount of criticism after it revealed that it was quitting the Net Zero Banking Alliance, a member-led initiative supporting banks to lead on climate mitigation, on 11 July. ” The post Does HSBC Net Zero Alliance Exit Signal a ‘Dangerous Disconnect’, or Will Only Time Tell?

Risk

The Fintech Times

JULY 21, 2025

“Using cyber risk mitigation best practices developed in the UK, we’re launching Intersys India to give local brokers and underwriters the tools they need to support India’s SME corporate policyholders with practical cybersecurity services that directly improve their insurability.

Risk Assessment

VISTA InfoSec

FEBRUARY 25, 2024

Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections. Vet Third Parties Review details like security practices, past breaches, employee screening, and compliance levels before partnering with outside vendors who may get access to internal systems/data.

Data Breach

Finezza

APRIL 23, 2024

Factoring […] The post Mitigating Risk in Debt Factoring: Underwriting Best Practices appeared first on Finezza Blog. However, factoring could be an excellent solution for companies to try to cash in on their account receivables, control cash flow, and keep the business afloat.

Best Practices

VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. It ensures you invest in organizations capable of mitigating cyber threats to give you long-term gains.

Cybersecurity

Nanonets

MAY 21, 2024

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.

Best Practices

EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. Since it’s apparent how vital proper AR management is for financial stability, the following section provides best practices to help your company transform its receivables.

Best Practices

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. 15 best practices to prevent data breaches Since data breaches can cause significant damage, businesses must be diligent and proactive to prevent, address, mitigate, and avoid these threats.

Data Breach

FICO

MARCH 11, 2020

In this blog post I will look at: The growing problem of subscription fraud. Here are 4 best practices to fight subscription fraud. for loss mitigation, and identifying and quickly exiting FP fraudsters . FICO will present best practices in fighting subscription fraud. cell phone service). Why it’s growing.

Best Practices

Core

FEBRUARY 6, 2024

An Overview of 7 Best Practices Adopting government fraud prevention best practices is instrumental in maintaining the resilience of public systems. The post 7 Best Practices for Preventing Government Fraud in Payments appeared first on Core Business Technologies. According to the U.S.

Best Practices

Fintech Finance

SEPTEMBER 13, 2024

This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments. The post U.S. Chairing the Operational Considerations Work Group has been a huge opportunity for me in ways that I hadn’t even imagined when I took it on.

Instant Payments

Fintech Finance

SEPTEMBER 24, 2024

The collaboration aims to share best practices in the Open Finance and Verification of Payee landscape, with the final goal of enhancing payment service providers’ value-added offerings and overall financial market efficiency.

Payee

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. Employee training on identity risk management best practices strengthens organizational defenses.

Risk Management

Fintech Finance

OCTOBER 7, 2024

A new global report has revealed significant gaps in supplier management practices among financial institutions. ” This lack of clarity raises the likelihood of inconsistencies across jurisdictions and organisations, creating critical gaps in risk management practices. While 70.1% Download the report here.

Risk

Fintech Finance

MAY 22, 2025

Standards & Best Practices: Building trust in the digital ecosystem by setting measurable cybersecurity benchmarks and enabling institutions to track progress through clearly defined improvement targets. The post Mastercard Launches Cyber Resilience Center in Saudi Arabia appeared first on FF News | Fintech Finance.

Visa

Segpay

JUNE 13, 2024

SMBs also fall victim to cyber criminals, as many lack the resources and knowledge to set up threat mitigation strategies, leaving them vulnerable to attacks. In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. The Travelex ransomware attack.

Best Practices

Fintech News

APRIL 7, 2024

Their comprehensive discussion sheds light on the significance of advanced AI and fraud detection technologies, and the importance of collaborative efforts to mitigate these risks. Featured image credit: Edited from Freepik The post Unmasking the Threat of Deepfake Scams in the Financial Sector of Asia appeared first on Fintech Singapore.

Deepfake

Clearly Payments

FEBRUARY 3, 2024

For merchants, integrating Buy Now, Pay Later (BNPL) into their payment processing systems offers a unique avenue to drive sales, entice new customers, and mitigate certain risks. Risk Mitigation: Since BNPL providers assume the risk of non-payment, merchants are protected from default or chargeback issues, reducing their financial exposure.

BNPL

Clearly Payments

JANUARY 8, 2024

By identifying potential vulnerabilities, merchants can take targeted actions to mitigate risks before they escalate. Chargeback Management Best Practices Chargebacks pose a significant challenge for merchants, impacting both financial stability and reputation. Read this article on what is a good chargeback rate.

Risk Management

BNG Payments

JANUARY 7, 2022

How to Mitigate Credit Card Payment Risks Credit cards are the number one form of payment with businesses today, and with more businesses offering online purchasing each year, the future of credit cards remains bright. You should also hold regular training sessions for your employees, updating them on new security risks and best practices.

Credit Cards

Fintech Review

FEBRUARY 13, 2024

Consumer protection in the digital age isn’t just about enforcing rules; it’s about understanding the evolving risks and being proactive in mitigating them. Regulators play a key role in assessing and mitigating the systemic risks posed by fintech innovations.

Consumer Protection

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. This section covers some of the best practices for merchants in the realm of cryptocurrency.

Cryptocurrency

Fintech News

JANUARY 31, 2024

Source: SMU’s Facebook page The Singapore Management University ‘s (SMU) Master of IT in Business (MITB) programme opens up diverse opportunities for students looking to make an impact in a post-COVID economy. The post How a Master of IT in Business Can Enhance Your Career appeared first on Fintech Singapore.

On-Demand

Fintech News

JUNE 6, 2024

This underscores the need for more robust, multi-layered identity verification solutions that can effectively mitigate the risks of these evolving fraud tactics,” said Frederic. A notable example is the recent US$25 million scam in Hong Kong, where scammers used deepfake technology to impersonate company executives in a video call.

Scams