PYMNTS

JUNE 17, 2020

The bank stands accused of failing to assess money laundering and terrorism financing risks; regulators said record-keeping was faulty and the company failed to monitor customer due diligence on transactions that may have been tied to child exploitation and endangerment.

AML 75

AML Money Laundering Compliance Financial Crimes 75

The Fintech Times

JULY 15, 2024

MTFs using third-party issued fiat tokens must perform due diligence on the tokens, focusing on technology governance, reporting and reconciliation. This change was made to mitigate the increased risks associated with multi-currency pegs, based on market and regulatory experiences.

Stablecoins 96

Stablecoins Regulations Multi-Currency Issuers 96

Tearsheet

AUGUST 7, 2024

Morgan’s financial strength and Slope’s innovative approach to credit risk assessment and monitoring. All of these features are powered by our AI-driven underwriting and risk-scoring infrastructure, which is built in-house from the ground up. The partnership brings together J.P. By combining J.P.

AI 59

AI B2B Finance Underwriting 59

PYMNTS

JUNE 14, 2016

The fact remains, said Kranc, that the regulatory and compliance issues in the financial realm (especially with cross-border transactions) mean that tracking risk — and especially payment risk — can burden older systems to the point where reporting lags the real-time needs of the company itself.

B2B 41

B2B Due Diligence Cross-Border Risk 41

The Fintech Times

FEBRUARY 19, 2024

“Assuming no foreign exchange (FX) conversion is required, businesses should conduct due diligence on the recipient, verifying the accuracy of the bank account details and ensuring they align precisely with the intended payee. “To address these inefficiencies, new approaches and technologies are necessary.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

FICO

MARCH 6, 2020

The KYC-assigned risk level and due diligence rules determine how closely and frequently each customer will then be scrutinized during ongoing customer monitoring by our AML system.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Nanonets

APRIL 3, 2024

When a business wants to get a snapshot of its own credit score and see the matching credit report, it can pay one of these bureaus to send the information over. Different Business Credit Reports and Scores The major credit reporting bureaus that businesses rely on are Dun & Bradstreet, Equifax, Experian, and Creditsafe.

Accounts 52

Accounts Risk Credit Limit Agreements 52

FICO

JANUARY 7, 2021

Using blockchain or other means for auditable model development and model governance will become essential in demonstrating due diligence in building, explaining and testing AI models.”. For his 2021 predictions, read this post. #5. FICO Platform Supports Care By Volvo.

AI 52

AI Posting On-Demand Due Diligence 52