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 88

Risk Management Risk Regulatory Compliance Due Diligence 88

FICO

NOVEMBER 30, 2017

In my previous post on application fraud, we explored the drivers behind the rapid acceleration of identity-based fraud , which includes identity theft / third-party fraud, synthetic identity fraud, and first-party fraud. Managing fraud is a balancing act that starts with knowing your fraud risk appetite.

Risk 82

Risk Fraud Detection Assessments Origination 82

PYMNTS

JUNE 1, 2016

It’s also the basis for how Mike Cook, CEO & Founder of XOR Data Exchange, is using data aggregation to manage SMB credit risk, fight fraud and put consumers back in control of their identity. Asking for permission is something our mothers taught us from Day 1.

Compromise 40

Compromise Risk Assessment Privacy Breach 40

EBizCharge

APRIL 26, 2024

This helps to reduce the average collection period and minimize the risk of late or delinquent payments. Conduct credit risk assessments: Credit risk assessments involve analyzing factors such as the client’s financial stability, payment history, and credit score.

Accounts 52

Accounts Best Practices Disputes Procedures 52

M2P Fintech

APRIL 29, 2025

Rise in Fraud & Delinquency – Fraudulent activities, including identity theft and misuse of loan funds, significantly threaten the financial stability of both microfinance institutions (MFIs) and their clients. Reduced identity fraud and data leakage. Better data integration for accurate income assessments.

Technology 52

Technology Assessments Risk Assessment Compliance 52