VISTA InfoSec

NOVEMBER 4, 2024

It is a digital security framework that works alongside the General Data Protection Regulation (GDPR) to provide strong security protection to financial entities and ICT service providers from cybercrimes. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It is a digital security framework that works alongside the General Data Protection Regulation (GDPR) to provide strong security protection to financial entities and ICT service providers from cybercrimes. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It is a digital security framework that works alongside the General Data Protection Regulation (GDPR) to provide strong security protection to financial entities and ICT service providers from cybercrimes. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

It is a digital security framework that works alongside the General Data Protection Regulation (GDPR) to provide strong security protection to financial entities and ICT service providers from cybercrimes. Having a transparent approach will reinforce trust and will help you manage reputational risk.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

Fintech Finance

AUGUST 27, 2024

The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU. As an EU regulation, it is directly applicable to all 27 EU member states.

Stablecoins 116

Stablecoins Multi-Currency Risk Mitigation Regulations 116

Stax

JANUARY 23, 2025

Whether you’re running a small eCommerce shop or managing a high-risk industry venture, understanding merchant underwriting can help you navigate the approval process and maintain a strong partnership with your payment service provider. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. Other high-risk sectors include real estate, licensed trust companies, casinos, and precious metals.

Money Laundering 109

Money Laundering Risk Law Enforcement Crime 109

The Finance Weekly

SEPTEMBER 23, 2021

Customers entrust confidential information to financial service providers such as banks, brokerage firms, and credit unions. It will ensure that regulatory standards are met while also reducing the risk of data breaches. You can identify potential hazards and take the necessary steps to mitigate them. Cybersecurity.

Risk Assessment 130

Risk Assessment Cross-Border AI Automation 130

The Fintech Times

AUGUST 28, 2024

Adjusting to MiCA The MiCA regulation aims to foster the use of innovative technologies by setting a regulatory framework that covers crypto-assets (including stablecoins ), crypto-assets issuers and crypto-asset service providers to protect the rights of holders in the EU.

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

Finovate

FEBRUARY 15, 2024

Features Offers precision-tailored LLM specializing in financial data Delivers transparent data sourcing with detailed audit trails Provides advanced data security measures, mitigating breaches and compliance violations Who’s it for? The post FinovateEurope 2024 Sneak Peek Series: Part 6 appeared first on Finovate.

Due Diligence 59

Due Diligence Risk Assessment CRM AI 59

The Finance Weekly

JUNE 7, 2022

Outsourcing responsibility: Outsourcing to a managed security service provider (MSSP) is a well-established tactic, particularly for companies that need to secure resources quickly or that cannot hire and retain adequate staffing. Inadequate risk management, governance, and compliance. Strategic mistakes 1.

Cybersecurity 130

Cybersecurity Breach Privacy Risk Management 130

Segpay

JANUARY 30, 2025

Yet, for all its transformative potential, AI companies struggle to partner with a secure payment service provider (PSP), because of regulatory concerns surrounding emerging technologies. The EU AI Act classifies AI systems into four different risk levels: unacceptable, high, limited, and minimal risk.

Merchant Payment Processing 52

Merchant Payment Processing Processors AI Process 52

The Fintech Times

NOVEMBER 27, 2024

In light of this, integrating Elliptic’s analytics into Sumsub’s platform enables firms to protect users, providing a comprehensive view of blockchain transactions to mitigate financial crime. Recently, the United States Federal Bureau of Investigation (FBI) created its own crypto token to take down criminals.

Transactions 59

Transactions Financial Crimes Crime Blockchain 59

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. The due diligence doesn’t stop at onboarding.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

VISTA InfoSec

OCTOBER 20, 2023

Service Continuity : Ensures essential healthcare services remain operational. Financial Stability : Mitigates the financial impact of disasters, including costs from data breaches or loss of revenue. Regulatory Compliance : Meets requirements like HIPAA that mandate disaster recovery plans. Who will communicate?

Disaster Recovery 130

Disaster Recovery Procedures Regulatory Compliance Duplicate 130

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

The Fintech Times

MARCH 29, 2024

From enhancing risk assessment accuracy to personalising products and services, insurers are leveraging data analytics to optimise decision-making processes, mitigate risks and cater to evolving consumer needs. “Fraudulent claims are a key concern for every insurance company. .”

Risk Assessment 59

Risk Assessment Underwriting Assessments Risk 59

VISTA InfoSec

NOVEMBER 12, 2024

Levels 2-4 : Businesses with lower transaction volumes (up to 6 million annually) may not require an on-site assessment, but they must complete a Self-Assessment Questionnaire (SAQ) and conduct quarterly scans. To learn in detail about the 4 levels of PCI DSS check out PCI compliance levels for merchants & service providers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Levels 2-4 : Businesses with lower transaction volumes (up to 6 million annually) may not require an on-site assessment, but they must complete a Self-Assessment Questionnaire (SAQ) and conduct quarterly scans. To learn in detail about the 4 levels of PCI DSS check out PCI compliance levels for merchants & service providers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

PYMNTS

MARCH 12, 2018

The company just launched its Data Breach Readiness solution designed specifically for small- and medium-sized businesses, which often don’t have the resources to invest in both fraud prevention and mitigation solutions. The fraudster, PwC found, may have been an agent, supplier, service provider or customer.

Small Business 54

Small Business Cybersecurity Risk Assessment Data Breach 54

M2P Fintech

DECEMBER 17, 2024

A risk assessment follows, evaluating the merchants profile through credit checks and performance analysis, leading to application approval or rejection based on these findings. Clear communication channels are maintained between merchants and service providers to address transaction-related issues promptly.

Fraud Detection 52

Fraud Detection PCI DSS Disputes Risk Assessment 52

PYMNTS

AUGUST 15, 2019

Financial Conduct Authority recently published SCA compliance guidance that noted EU’s PSD2 regulations leave it up to national authorities to determine whether corporate payment service protocols meet the threshold of security required under SCA.

Payments 49

Payments Commercial Card Risk Mitigation Mitigation 49

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Risk assessments should also be reviewed whenever a new business model is adopted or a new product is introduced.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

Fintech News

MAY 20, 2024

This event is targeted towards payment service providers, large merchants with cross-border businesses, digital wallets, payment methods, super-apps, and BNPL solution providers. Moreover, AI fosters the creation of new financial products and services previously inconceivable.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

Segpay

MAY 1, 2024

Its legal framework is designed to enhance the operational resilience of all digital service providers, including payment service providers (PSPs), that operate in the European Union (EU). DORA’s Main Pillars Digital services providers, including PSPs, must adhere to ensure compliance with the framework.

Cybersecurity 52

Cybersecurity Compliance Procedures Risk Management 52

EBizCharge

JULY 15, 2024

When it comes to business transactions, understanding the different billing methods is crucial for service providers and clients. Arrears billing and paid in advance represent two fundamental payment methods when settling invoices, each with different payment timelines based on the goods or services provided.

Disputes 52

Disputes Payer Legal Service Provider 52

Trade Credit & Liquidity Management

JUNE 10, 2025

From there, you will be able to compartmentalize both customer risk potential and profit opportunities to focus your Credit and Collection Policy on what is best for your company’s revenue and profit potential. Further Refining Risk Assessment Not every customer will fit neatly into the risk vs. sales categories you identify.

Disputes 52

Disputes Risk Risk Assessment Liquidity Management 52

PYMNTS

SEPTEMBER 29, 2017

Managing Risk. One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. Regulation leads the change in IT systems for banks to become compliant and more competitive.”.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

FloQast

OCTOBER 27, 2023

Typically, compliance management will also include Identifying appropriate controls, Managing relationships with various regulators, Coordinating or responding to regulatory concerns and inquiries, and Mitigating regulatory breaches Why is Compliance Management Important? Here’s the thing.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

PYMNTS

JANUARY 15, 2021

Saying location “is crucial to merchants, banks and service providers looking to reach customers in the digital age,” the Tracker adds that “maintaining accurate address information starts with onboarding and ends with ensuring that businesses have the most up-to-date information to tailor the final steps of delivery to their customers.

Addressing 55

Addressing Risk Assessment Verification Fraud Prevention 55

The Fintech Times

JANUARY 25, 2024

Given this backdrop, things are about to become a lot more complex for banks and financial service providers as they seek to onboard new customers and maintain due diligence on existing ones. Forming a risk-based approach can help FIs link their methodology back to their wider risk appetite and strategy.

Risk 59

Risk Due Diligence Financial Crimes Money Laundering 59

Segpay

APRIL 16, 2024

Offering excellent customer service and support, including prompt responses to inquiries and complaints, can help resolve issues directly with customers and prevent them from resorting to chargebacks. To mitigate this risk, merchants should ensure that their billing descriptors are clear and recognizable on cardholder statements.

Disputes 52

Disputes Address Verification System (AVS) Fraud Prevention Fraud Detection 52

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

M2P Fintech

JANUARY 28, 2025

Smarter Risk Management: This solution offers advanced risk management features, allowing early detection of distressed loans, reducing NPAs, and mitigating credit risks with customizable asset classifications, ensuring the health of your loan portfolio.

Payment APIs and Integration 52

Payment APIs and Integration BNPL Regulatory Compliance Compliance 52

M2P Fintech

DECEMBER 14, 2024

For example, M2P Finfluxs one-click CART (Credit Assessment and Risk Tool) and CRAM (Credit Risk Assessment Model) analysis tools enable lenders to quickly assess credit risk and streamline decision-making processes, ensuring adherence to these regulatory requirements.

Origination 52

Origination Payment APIs and Integration Assessments Compliance 52

Segpay

DECEMBER 7, 2023

Key Takeaways The DSA is a new set of rules that regulates online services in the EU, such as e-commerce platforms, marketplaces, social media networks, and online advertising providers. The DSA covers various online services, from e-commerce platforms and marketplaces to social media networks and online advertising providers.

Compliance 52

Compliance Privacy Regulatory Compliance Data Security 52

M2P Fintech

FEBRUARY 28, 2025

This blog dives into 10 major types of Loan Management Systems (LMS), exploring how these powerful solutions can automate your processes, mitigate risk, and drive growth. Core Capabilities of Finflux by M2P Robust Business Financials Verification : Ensures accurate financial assessment.

Payment APIs and Integration 52

Payment APIs and Integration Assessments Best Practices Compliance 52