Finovate

SEPTEMBER 4, 2024

Kentucky-based Venminder offers a SaaS platform for third-party risk management that helps more than 1,200 customers manage their vendor relationships– from onboarding to offboarding. “We are excited to join forces with Venminder,” said Michael Berman, Ncontracts Founder and CEO.

Risk Management 59

Risk Management Risk Due Diligence Acquirers 59

Innovative Payments Association

SEPTEMBER 5, 2024

In today's interconnected business landscape, companies often rely on third-party vendors, suppliers, and partners to help them operate efficiently and effectively. Due diligence is the initial step in evaluating and vetting potential third-party partners, but it is just the beginning.

Boot Camp 52

Boot Camp Due Diligence Third Party Vendors Compliance 52

PYMNTS

FEBRUARY 28, 2019

“Companies can’t afford to drop the ball on cyber risk, which is why conducting cyber risk due diligence has become an essential part of the M&A process,” wrote Deloitte in a separate report , which urges companies to develop a cybersecurity strategy prior to any merger.

Risk 65

Risk Data Breach Third Party Vendors Cybersecurity 65

PYMNTS

MAY 2, 2019

Finally, eSentire’s report said, SS&C Technologies was sued by Tillage Commodities Fund, for which SS&C acted as third-party administrator, with allegations that SS&C failed to conduct its due diligence, leading the company to fall for a $5.9 million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

JUNE 29, 2018

disclosed it had suffered a data breach, the company also revealed the cause of the cybersecurity incident: a third-party vendor. “It is therefore vital that businesses conduct the necessary due diligence when integrating a new provider into their supply chain.” When Ticketmaster U.K.

Cybersecurity 49

Cybersecurity Breach Risk Third Party Vendors 49

PYMNTS

MARCH 8, 2019

As reported in LondonlovesBusiness , a significant number of companies do not conduct basic due diligence when it comes to making sure the requests are genuine. million through a program he had set up to find and commission third-party vendors, amid deal-making for products used in Cisco manufacturing efforts.

Third Party Vendors 59

Third Party Vendors Phishing Due Diligence Push-to-Card 59

PYMNTS

FEBRUARY 12, 2019

The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers. The 156 shipments could have yielded a maximum fine of more than $40.8 million, reports said, but e.l.f.

Settlement 43

Settlement Compliance Risk OFAC 43