The Fintech Times

JULY 20, 2024

It is also key to test out the disaster recovery plans, instead of having these as a paper exercise and ensure that all the people, processes and data (and not only the technology) are tried and tested at scale, and there is sufficient preparation in place should such an outage happen in future. .”

Payments 122

Payments Mitigation Regulations Cybersecurity 122

Fintech News

MAY 28, 2024

In China, Alibaba Group’s MYBank is an online-only bank that serves SMEs as well as underbanked rural and urban customers by leveraging analytics on real-time payments data and risk-management systems, to analyse more than 3,000 variables when issuing loans.

APACS 128

APACS Financial Inclusion Online and Mobile Banking Disaster Recovery 128

Fintech News

MAY 5, 2024

The same applies to reduced risk management, with Oradian able to provide greater visibility and control over a supplier’s operations, security protocols, and disaster recovery plans. The post Oradian Pioneers Next-Gen Financial Services with Local Flair in the Philippines appeared first on Fintech Singapore.

Financial Inclusion 117

Financial Inclusion Underserved Disaster Recovery Regulatory Compliance 117

Fintech News

JULY 24, 2024

This proactive approach to operations and maintenance represents a paradigm shift from reactive problem-solving to predictive risk management. By automating routine tasks and leveraging AI for complex decision-making, banks can significantly reduce the risk of human error while improving overall operational efficiency.

Finance 120

Finance Risk Mitigation Automation Disaster Recovery 120

Global Fintech & Digital Assets

MARCH 5, 2024

In December 2023, the HKMA also published a consultation outlining a legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ) as well as a consultation on prudential treatment of cryptoasset exposures in February 2024 (see this Latham blog post ).

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

JUNE 27, 2023

Working with digital documents is no longer optional, particularly in the post-pandemic world. Managing access to information is a priority for 89% of organizations regarding their overall risk management and security posture. It is regarded as the most crucial phase on the route to digital transformation.

Product 52

Product Disaster Recovery Automation Compliance 52

Neopay

JUNE 27, 2024

Governance structure: Present a well-defined governance structure, highlighting key individuals responsible for regulatory compliance, risk management and oversight. Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52