Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

The Finance Weekly

OCTOBER 15, 2023

Regulatory Compliance: Stay compliant with financial regulations, monitoring and managing legal risks associated with AI implementation. Cybersecurity: Implement robust cybersecurity to guard against AI-related threats, regularly updating defenses against evolving cyber risks.

AI 130

AI Risk Data Security Automation 130

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

Fintech News

JULY 24, 2024

This involves technological considerations, business alignment, and regulatory compliance. As new systems and technologies are constantly added to the IT landscape, the risk of building what Huawei terms a “heavy architecture” is becoming increasingly difficult to manage over time.

Finance 120

Finance Risk Mitigation Automation Disaster Recovery 120

Nanonets

MAY 31, 2023

All of these can reduce a business’s competitive edge, from delays in decision-making to poor strategic planning, even leading to difficulties in maintaining financial integrity, which increases the likelihood of fraud or regulatory action. AI can help mitigate these issues.

AI 122

AI Finance Fraud Detection Mitigation 122

PYMNTS

JANUARY 24, 2019

That’s the idea behind Dun & Bradstreet’s D&B Compass solution, launched this week to automate third-party risk management for procurement and compliance professionals. However, D&B data identified areas in which technology is not meeting procurement professionals’ compliance needs.

Compliance 76

Compliance Due Diligence Risk Mitigation Risk 76

PYMNTS

MAY 2, 2019

A press release this week said Citi is collaborating with EY and SAS on its NextGen project, which will include the development of a risk analytics scoring engine that uses AI to address friction in reviewing global trade transactions. ”

Transactions 53

Transactions AI Cross-Border Risk Mitigation 53

Neopay

MARCH 4, 2024

Therefore, prioritising compliance, risk management, and ethical conduct is essential to mitigate the risk of regulatory scrutiny.

Compliance 52

Compliance Mitigation Risk Mitigation Risk Assessment 52

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “Automated workflows facilitate real-time risk management, ensuring a coordinated response to evolving threats.

Risk 59

Risk Financial Crimes AML Risk Management 59

PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy.

Risk 52

Risk Compliance Risk Mitigation Mitigation 52

PYMNTS

APRIL 19, 2019

Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Commercial Card Small Business Risk Mitigation 69

FICO

APRIL 7, 2020

What does fraud risk mitigation look like in an increasingly digital world? However, it’s critical that we also take the time to reflect on the longer-term changes that will impact our mission to stop fraud and financial crime. Will the shift to online and mobile payment channels be a permanent boost?

Risk Mitigation 52

Risk Mitigation Best Practices Financial Crimes Scams 52

Segpay

NOVEMBER 30, 2023

One such challenge is securing reliable payment processing solutions, particularly if categorized as a high-risk merchant. High-risk payment processors can be the lifeline for these merchants, providing a gateway to growth and stability in a competitive market. High-risk payment processors specialize in managing these risks.

Processors 98

Processors Risk Regulations Identity Theft 98

Trade Credit & Liquidity Management

APRIL 16, 2025

Enhance Your Collection Capabilities Take the lead on automating the collections process Implement collection strategies based on materiality and risk Identify the root causes of collection delays Resolve aged receivable credit balances before they become an escheatment issue.

Procedures 52

Procedures Regulatory Compliance Disputes Automation 52

PYMNTS

MARCH 27, 2019

Dries Verboven, market manager of regulatory reporting at Wolters Kluwer Finance, Risk & Reporting, says it’s all about data, which is both the key to regulatory compliance, and to a more efficient and profitable operation for the entire institution. The Key To Compliance Is Data. From Burden To Opportunity.

Compliance 46

Compliance Regulatory Compliance Regulations Risk Mitigation 46

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance. In  clinical research ,  vendor management  involves stringent  regulatory requirements , including ICH E6 Good Clinical Practice, ISO 14155, FDA 21 CFR Part 50, and Regulation (EU) No 536/2014.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

PYMNTS

MARCH 15, 2017

Cybersecurity topped the list and was followed by third-party contracts and regulatory compliance. Researchers found 86 percent of these professionals say they do not believe their suppliers are paying enough attention to risk mitigation.

Cybersecurity 42

Cybersecurity Risk Mitigation Regulatory Compliance B2C 42

FICO

SEPTEMBER 16, 2020

In fact, 20 percent of respondents picked this as their principal obstacle in meeting financial crime risk mitigation targets. We can see that addressing the competing needs of regulatory compliance and customer experience remains a balancing act for most institutions.

Money Laundering 52

Money Laundering Financial Crimes AI APACS 52

Neopay

JUNE 27, 2024

Your senior team will all need to have understand the obligations on the firm and be able to prioritise regulatory compliance and its impact across the business. Additionally, firms should stay updated on regulatory changes and developments in the payments industry.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

APRIL 29, 2024

Regulatory Compliance : Compliance with regulatory standards such as GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards) is non-negotiable for businesses. Risk Management : Accurate and timely reconciliation is critical for effective risk management.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Trade Credit & Liquidity Management

MAY 27, 2025

Key drivers of this growth include the proliferation of digital transactions, regulatory compliance requirements, and the need for real-time fraud detection solutions. Risk Mitigation: Socure's predictive analytics capabilities can be instrumental in proactively identifying and mitigating potential fraud risks.

Fraud Prevention 52

Fraud Prevention Fraud Detection Verification Risk Assessment 52

M2P Fintech

NOVEMBER 7, 2024

Regulatory Compliance: Helps lenders stay compliant with regulations such as GDPR, PCI DSS, and other financial industry standards, reducing the risk of legal penalties.

Origination 52

Origination PCI DSS API Underwriting 52

PYMNTS

SEPTEMBER 9, 2016

PYMNTS recently spoke with Luis Rojas, vice president of product management for Guardian Analytics , an online banking security firm, about the effect of a faster processing environment, the potential for increased fraud and how to mitigate that risk. Faster Payments Risk-Mitigating Capabilities.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

FICO

FEBRUARY 14, 2017

I’m going to explore the impact advanced analytics can have on the current state of regulatory compliance. That’s what a compliance officer is looking for. AI will increase the efficiency and effectiveness of a risk mitigation strategy in multiple ways, and will directly address the two challenges for risk-based systems.

AML 40

AML Compliance AI Money Laundering 40

Nanonets

FEBRUARY 12, 2024

Bias Mitigation One of the longstanding challenges in credit scoring has been the inadvertent perpetuation of biases, often rooted in historical data. Risk Management and Fraud Detection Predictive Analytics for Risk Mitigation At the heart of AI's impact on risk management lies its ability to predict and preempt potential pitfalls.

AI 52

AI Fraud Detection Regulatory Compliance Automation 52

The Fintech Times

JUNE 5, 2025

Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions.

ISO 20022 59

ISO 20022 Cross-Border Cross-Border Payments Online and Mobile Banking 59

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance.

Innovation 58

Innovation Verification AML Money Laundering 58

Nanonets

MARCH 13, 2024

By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry, mitigating errors and optimizing resource utilization. OCR for invoices facilitates processing, ensuring accurate billing, cost allocation, and regulatory compliance in the utility sector.

Payment APIs and Integration 52

Payment APIs and Integration Automation Use Case API 52

PYMNTS

MAY 18, 2016

GlobalGateway has been designed from the ground up to satisfy global KYC and AML regulatory requirements, and by taking this approach our solution also easily serves non regulatory use cases, such as fraud and risk mitigation, where verifying a consumer’s identity is required.

Innovation 40

Innovation Regulations Technology Verification 40

Nanonets

JULY 11, 2023

In today's business landscape, organizations face a myriad of challenges related to financial integrity, regulatory compliance, and operational efficiency. Effective purchases controls ensure compliance with regulations, mitigate risks and promote operational efficiency.

Procedures 40

Procedures Audit Mitigation Assessments 40

Nanonets

MARCH 12, 2024

Regulatory Compliance and Accuracy Adherence to financial regulations is non-negotiable, and the R2R process ensures organizations stay compliant while maintaining the accuracy of their financial reports. Risk Management within R2R focuses on identifying, assessing, and mitigating risks associated with financial reporting.

Process 52

Process Finance Reconciliation Compliance 52

Nanonets

AUGUST 16, 2024

Risk mitigation and fraud prevention Fraud detection technologies have been instrumental in reducing the $40 billion annual cost of fraudulent claims in the U.S. Risk mitigation and fraud prevention Fraud detection technologies have been instrumental in reducing the $40 billion annual cost of fraudulent claims in the U.S.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

Fintech News

FEBRUARY 12, 2025

It also features a modular design for scalability, strong regulatory compliance measures, and seamless integration with existing financial systems to support businesses operating across multiple markets. Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates.

Treasury Management 86

Treasury Management Treasury Cross-Border Payments Multi-Currency 86

Fintech Review

FEBRUARY 25, 2025

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.

Finance 85

Finance Technology Distributed Ledger Technology (DLT) Fraud Detection 85

Fintech News

FEBRUARY 11, 2025

As a result, they are subject to stringent compliance requirements to ensure fairness, security, and accountability. The Act mandates that high-risk AI systems must adhere to transparency obligations, undergo rigorous human oversight, and implement risk mitigation measures. In contrast, the U.K.

AI 115

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 115