The Payments Association

JULY 19, 2025

Without this nuance, there is a risk of unintended consequences for compliance leaders and innovators alike. The report acknowledges that risk mitigation has improved, but that the increased exposure and use have necessitated an increase in risk score. The NRA does acknowledge sector diversity.

Money Laundering 88

Money Laundering Risk Financial Crimes Due Diligence 88

Fintech News

JUNE 23, 2024

Since the last assessment in 2014, Singapore has closely monitored ML risks, including those related to legal persons, virtual assets, and environmental crimes, to ensure timely risk mitigation.

Money Laundering 109

Money Laundering Risk Law Enforcement Crime 109

Stax

JANUARY 8, 2024

Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc. could result in financial losses, litigations, law enforcement action, and damage to reputation. Since PayFacs are responsible for processing and settling funds, they are liable for chargebacks as well.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Core

FEBRUARY 6, 2024

Government Accountability Office’s Fraud Risk Management Framework , a framework rooted in leading practices for both prevention and response is crucial to successfully manage fraud risk mitigation for government programs. Collaboration with Law Enforcement Government finance teams are not alone in handling fraudulent activity.

Best Practices 52

Best Practices Government Governance Fraud Prevention 52