VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. This roadmap should outline necessary remediation actions, timelines, and responsible parties.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. This roadmap should outline necessary remediation actions, timelines, and responsible parties.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Conduct a DORA gap analysis Conducting a DORA gap analysis is essential for evaluating the effectiveness of your current ICT risk management and operational measures in relation to the requirements outlined in Article 6 of DORA. This roadmap should outline necessary remediation actions, timelines, and responsible parties.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

PYMNTS

NOVEMBER 3, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

Stax

DECEMBER 4, 2023

An effective AML compliance program must include Know Your Customer (KYC) protocols, transaction monitoring and reporting, risk assessment and categorization, and training and awareness for staff. With AML legislation, financial institutions are required to follow strict protocols for money laundering risk management.

Money Laundering 88

Money Laundering Compliance AML BSA 88

The Fintech Times

SEPTEMBER 19, 2024

However, risk orchestration is a process promising to help fintechs and financial institutions combine their customer onboarding, authentication and risk management processes into one place. “This is done through the integration of risk management, adaptive risk mitigation, process automation, and real-time analysis.

Risk 59

Risk Financial Crimes AML Risk Management 59

Neopay

MAY 7, 2024

Proliferation financing: strengthening risk assessments The FCA underscores the necessity for firms to develop specific risk assessments and control mechanisms to prevent financial services from being exploited for the proliferation of weapons of mass destruction.

Financial Crimes 52

Financial Crimes Crime Risk Assessment Money Laundering 52

The Payments Association

MAY 16, 2025

Each section includes an overview of the regulation, the legal and operational risks involved, and the practical actions required to support readiness and ongoing compliance. Next steps/action required: Conduct a comprehensive fraud risk assessment across all channels and partners.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Neopay

MARCH 14, 2024

In February, the FCA confirmed that it has significantly increased its supervisory activity with payments firms, with a focus on prudential risk management, wind down planning and safeguarding. It will be consulting this year on proposals to close gaps in protection and reduce risks of harm if firms fail.

Audit 59

Audit Risk Assessment Reconciliation Due Diligence 59

Neopay

JUNE 27, 2024

If you are partnering with a consultancy firm, make sure they provide workshops and training to help you ensure that you have a good understanding of the regulations that apply and, more importantly, how they apply to your specific business model and services.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

The Fintech Times

MARCH 12, 2024

.” ‘Innovate with climate-conscious actions’ Ryan Cox, senior director and head of AI at Synechron Ryan Cox, senior director and head of AI at Synechron, a global digital transformation consulting firm, also endorses the critical role of data in insurance.

Mitigation 72

Mitigation Risk Underwriting Risk Assessment 72

The Fintech Times

DECEMBER 14, 2023

Davies , a global financial services consulting firm, has appointed Eoin Gill as global relationship manager and partner. The company has also announced the appointments of Steven Huynh as VP, global expansion and payment partnerships and Adewale Ayantoye as VP, risk management.

FinTech 69

FinTech Online and Mobile Banking On-Demand Risk Management 69

Center for Payments

SEPTEMBER 15, 2022

Management, while using a business impact analysis and risk management processes to identify and monitor risks, should focus on risk mitigation avoidance and acceptance strategies. If a disaster occurs, can your team access the plan easily?

FFIEC 40

FFIEC Risk Assessment Business Continuity Federal Reserve 40

Global Fintech & Digital Assets

MARCH 5, 2024

The guidance continues the momentum of digital asset regulation in Hong Kong, following a raft of other rules and consultations recently published by Hong Kong regulators. All of this recent guidance aims to deliver more certainty for banks and securities firms seeking to capitalise on developments in digital assets and tokenisation.

Authorization 59

Authorization Product Due Diligence Procedures 59

The Fintech Times

SEPTEMBER 24, 2024

Specialist analytics and risk management consultancy 4most has expanded its senior team by appointing Philippa Milner-Jones as a client partner in the London office. CEO Marc Bailey highlighted Almeida’s expertise as crucial for the firm’s growth and risk management.

FinTech 59

FinTech Payment APIs and Integration Risk AI 59

FICO

JUNE 6, 2018

In the UK, affordability risk has been the subject of increased scrutiny by the Financial Conduct Authority, which, in consultation with lenders, has begun a process of stricter control in terms of treatment of consumers and assessment of their financial vulnerabilities.

Consumer 40

Consumer Assessments Risk Assessment Risk 40

FloQast

DECEMBER 13, 2023

It prohibits auditors from providing certain consulting services to their audit clients and requires a rotation of the lead audit partner every five years. It should be remembered that Arthur Andersen, the accounting firm contracted by Enron to handle its audits, used to provide Enron with substantial consulting services as well.

Compliance 52

Compliance Audit White Collar Crime Risk Assessment 52

FloQast

MARCH 21, 2024

Some of the benefits of outsourcing include: Lower SOX internal costs Increased flexibility and agility in a rapidly changing business environment Improvements to automated processes in your internal controls system Access to proprietary technologies that can improve SOX controls testing and financial reporting Conversion of fixed costs (salaries for (..)

Compliance 52

Compliance Audit Automation Risk Assessment 52

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. We serve corporates, insurance companies, and banks – be it a retail, private, wealth management, automotive or telecom bank, tier 1 or tier 3 bank.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Nanonets

JUNE 12, 2024

Example: Forecasting long-term industry trends by consulting with market analysts. Step 5: Optimizing inventory management Inventory optimization is all about managing stock levels strategically across a company's supply chain to cut costs, make customers happier, and boost profits.

Automation 52

Automation Adjustments Risk Assessment Process 52

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. This may involve analyzing the policy language, reviewing the reported damages, and consulting with third-party databases to verify the claimant's identity and prior claims history.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Fintech Labs Insights

AUGUST 22, 2024

Stratyfy: Raised $12M, decision intelligence technology gaining traction, particularly in risk management. Spring 2022 (San Francisco): Array: Credit and identity management platform, seeing increased adoption due to robust features and user-friendly interface.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

Segpay

MARCH 20, 2024

Risk Management and Compliance AI is crucial in risk management and regulatory compliance within the banking industry. Want to learn more about your recurring payment processing options? The post Generative AI in Banking and Adult Entertainment appeared first on Segpay.

AI 111

AI Privacy Non-Bank Fraud Detection 111

The Fintech Times

FEBRUARY 7, 2025

Just under half (44 per cent) of financial institutions only assess third-party risk during the initial supplier onboarding stage, while 41 per cent perform periodic risk assessments. Just 14 per cent follow the gold standard of continuously assessing risk and using dedicated third-party risk management tools.

Continuity 69

Continuity Rules Cybersecurity Assessments 69

The Payments Association

MAY 30, 2025

Adapting to regulatory oversight BNPL providers are navigating the complexities of operating under the new regulatory framework, with particular focus on implementing robust affordability assessments and enhanced consumer protections.

BNPL 88

BNPL Regulations Assessments Compliance 88

The Payments Association

APRIL 14, 2025

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. The regulator is currently engaged in stakeholder consultations, with final rules anticipated in late 2025.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88