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Can Crypto Firms Catch Up on Compliance Gaps as Regulations Evolve?

Fintech News

Source: Sumsub Key issues include weak risk assessments, delayed rollout of the Travel Rule, and a lack of interoperability among compliance tools. VASPs must adopt robust risk mitigation strategies and ensure their systems can communicate across borders to close these critical compliance gaps.

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Intersys Launches in India, Enabling Local Insurers and Brokers to Better Protect Clients

The Fintech Times

Led by Tanmay Gore , director of Intersys India, the Mumbai-based office is addressing a key challenge in the market: the difficulty of assessing and pricing cyber risk for organisations that often lack dedicated IT security resources.

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Planning an Internal Audit Risk Assessment

FloQast

One of the first steps in carrying out an effective internal audit is to perform an internal audit risk assessment. This planning process is the foundation for a successful audit, helping auditors identify and prioritize significant risks and areas of concern within an organization. What Is an Internal Audit Risk Assessment?

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Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

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. Mastercard has invested $10.7 “At Riyad Bank, safeguarding customer trust is central to everything we do.

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Understanding Risk Management Strategies as a PayFac

Stax

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.

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Understanding Risk Management Strategies as a PayFac

Stax

Regular cybersecurity audits, training your employees in security best practices, and sensitizing them against irresponsible behavior could significantly help safeguard against breaches. Implementing Effective Risk Management Programs As a PayFac, you must acknowledge that you can never have zero percent risk.

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Identity Risk Management: Strategic Approaches to Mitigate Risk

Seon

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.