Finextra

SEPTEMBER 12, 2024

Six cybersecurity tactics for financial services to prevent disaster Anyone who has seen the apoca.

Risk Mitigation 52

Risk Mitigation Shutdown Mitigation Risk 52

Fintech News

APRIL 2, 2025

Hart has also advised both scale-ups and large enterprises on cybersecurity and risk mitigation. His vast experience in cybersecurity and deep understanding of risk management in the fintech and banking sectors will be instrumental in strengthening our security standards.

Cybersecurity 81

Cybersecurity Risk Mitigation Regulatory Compliance Risk Management 81

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. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 109

Money Laundering Risk Crime Law Enforcement 109

Fintech News

DECEMBER 6, 2023

Discussions about risk decisioning platforms often center around onboarding and loan origination. Eliminating siloed systems and easily sharing intelligence enables more accurate and faster decisions, reducing risks, and maximising growth. However, investing at the start of the journey is just one aspect of the puzzle.

APACS 117

APACS Risk RFP Risk Mitigation 117

The Finance Weekly

OCTOBER 15, 2023

This article can help CFOs see the exciting opportunities of Generative AI, while also understanding the risks involved. This improves forecasting and helps in , managing risks better , leading to better choices. Algorithmic Bias: Mitigate biases in AI algorithms to ensure fair decision-making in financial processes.

AI 130

AI Risk Data Security Automation 130

Fintech Finance

MARCH 5, 2025

By leveraging TreviPays platform, HSBC is focusing on helping corporate customers enable sales and engage with new business buyers through receivables finance, invoice processing and management and risk mitigation. Through this collaboration, businesses can benefit from flexible payment terms and options at the point of check-out.

Risk Mitigation 52

Risk Mitigation Mitigation B2B Gateways 52

The Finance Weekly

AUGUST 26, 2023

, AI helps companies manage risks better, it's like a big shift. It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers.

Risk Management 130

Risk Management Risk AI Liquidity Risk 130

Finextra

MAY 7, 2024

Business KYC plays a crucial role in fraud mitigation in the business world. However, KYC regulation.

Risk Mitigation 52

Risk Mitigation Mitigation Verification Risk 52

The Paypers

APRIL 17, 2025

Velera , formerly PSCU/Co-op Solutions , has launched a new tiered Risk Mitigation Service Model to help credit unions fight fraud.

Risk Mitigation 36

Risk Mitigation Credit Union Mitigation Risk 36

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

FloQast

SEPTEMBER 18, 2024

The Strategic Shift: From Compliance to Risk Orchestration FloQast’s survey uncovered a pretty notable opportunity in the compliance landscape. While a significant 47% of compliance professionals are focused on reducing administrative demands, only 16% are exploring strategic risk orchestration. You know what’s the best defense?

Compliance 103

Compliance Risk Risk Management On-Demand 103

PYMNTS

JULY 28, 2020

” HashCash Enhances Risk Mitigation. In its Banking-as-a-Service offering, HashCash recently revealed strengthened risk mitigation capabilities within HashCash Consultants. The capabilities are there, but utilization has not reached the levels that we expected.”

FinTech 111

FinTech Risk Mitigation Mitigation eWallet 111

Stax

JANUARY 8, 2024

However, several complex types of risks come along with this. As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. Let’s get started.

Risk Management 88

Risk Management Risk Money Laundering Procedures 88

The Fintech Times

DECEMBER 17, 2024

Designed to minimise administrative work, the solution aims to adapt to businesses of all sizes, while ensuring reliable, risk-mitigated transactions. “Companies are accustomed to paying in 14 or 30 days, and the service we offer lets business buyers maintain their payment habits when buying online, with no extra steps.

B2B 64

B2B Transactions Risk Mitigation Mitigation 64

PYMNTS

SEPTEMBER 25, 2018

Fusion Risk Management is expanding its corporate risk management software offering by integrating new functionality into the tool, the company said in a press release on Monday (Sept. The enhancement means third parties can more easily participate in a holistic risk mitigation strategy, Fusion noted.

Risk Management 73

Risk Management Risk Risk Mitigation Risk Assessment 73

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

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.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Fintech Times

FEBRUARY 28, 2025

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” “AI contracts compound these risks if poorly structured. A top concern is liability for AI errors.

AI 97

AI Regulations Best Practices Risk 97

Fintech News

FEBRUARY 21, 2024

However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk. FIs are also encouraged to explore other quantum security solutions, including QKD, as part of their risk management strategies.

Third Party Vendors 113

Third Party Vendors Cybersecurity Mitigation Encryption 113

Fintech Finance

JUNE 3, 2025

These outdated tools often miss hidden threats, allowing illicit activity to slip through undetected and exposing institutions to regulatory, financial, and reputational risk. Financial crime is evolving rapidly, and the technology used to combat it must evolve even faster, said Peter Reynolds, CEO of ThetaRay.

Financial Crimes 52

Financial Crimes Crime Global Payments AI 52

PYMNTS

MARCH 20, 2020

But lenders themselves, even industry incumbents, are also quickly recognizing the potential that unlocking data has not only on improving the SMB borrowing experience, but on significantly improving their own internal operations, particularly when it comes to risk mitigation. ” The U.S.’s ’s Open Banking Path. .

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Supplier financial risks have declined over time, too. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

The Payments Association

APRIL 25, 2024

Payall has partnered with Latvian regtech leader Huntli to enhance fraud prevention and transaction monitoring for a broad spectrum of financial institutions, bolstering capabilities in fraud and risk mitigation Read more

Risk Mitigation 88

Risk Mitigation Fraud Prevention Mitigation Risk 88

Agile Payments

JANUARY 9, 2020

The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users. Becoming a true Payment Facilitator is expensive, time consuming and requires staffing to meet compliance and risk mitigation demands. In essence you become a payment business in addition to to your core SaaS offering.

Facilitators 100

Facilitators Risk Mitigation Regulatory Compliance Debit Card 100

Trade Credit & Liquidity Management

JUNE 2, 2025

In today’s competitive business environment, the credit department’s primary value lies in its ability to facilitate sales in alignment with company forecasts and objectives, not just to minimize risk, but to actively support growth. Look for ways to adapt procedures to support sales without compromising risk standards.

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Fintech News

APRIL 10, 2024

The document meticulously compares the regulatory frameworks from 11 authorities within these jurisdictions, highlighting the proactive measures being taken to mitigate the various risks associated with the issuance of stablecoins, especially those tethered to a single fiat currency.

Stablecoins 125

Stablecoins Regulations Digital Currency Risk Mitigation 125

PYMNTS

NOVEMBER 11, 2016

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. But sophisticated data management does offer some predictability to vendor risk mitigation and supply chain management. Blake explained this as a “risk in purchasing.”

Risk 68

Risk Risk Mitigation Mitigation Risk Assessment 68

PYMNTS

JULY 24, 2020

So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. “The pandemic and the economic impact of it are a double-whammy for SMEs when it comes to risk via the supply chain,” explained Jake Holloway , chief product officer at Crossword Cybersecurity.

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. Other announcements Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

PYMNTS

OCTOBER 23, 2020

It's for this reason that cybersecurity risks have climbed to the top of procurement professionals' minds as they develop their supplier management strategies. But third-party risk is complex and multifaceted, demanding a juggling act of coordination, collaboration and research. Risk Focus In Flux. Diversifying The Vendor Base.

Risk 57

Risk Risk Mitigation Mitigation Cybersecurity 57

EBizCharge

DECEMBER 18, 2024

Clearinghouses act as neutral third parties that verify, process, and often guarantee transactions to reduce participant risks. In financial markets, clearinghouses ensure buyers receive their purchased assets and sellers receive payment, managing counterparty risk by stepping in if one party defaults.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

FloQast

FEBRUARY 19, 2025

Xavier Sanchez is a Managing Director at CFGI, leading the Risk Advisory practice in the New York Metro area. As a consultant in the risk mitigation and compliance space , I always strive to be my client’s advisor on their risk and compliance needs.

Advisors 52

Advisors Compliance Risk Audit 52

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). We are committed to offering our customers solutions that go beyond risk transfer,” Zurich Global Head of Property and Energy Rob Kuchinski said in a statement.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

M2P Fintech

APRIL 10, 2025

Unlike unsecured personal loans, which entail elevated risk for lenders and impose higher interest rates on borrowers, Loans Against Mutual Funds (LAMF) present a secure and cost-efficient lending model. Real-time precision is required to oversee risks tied to NAV volatility and maintain optimal Loan to Value (LTV) ratios.

Mitigation 52

Mitigation Regulatory Compliance Compliance Automation 52

PYMNTS

DECEMBER 5, 2018

The firm released its “Data Risk in the Third-Party Ecosystem” study last month, and found that 59 percent of more than 1,000 executives surveyed said they had experienced a data breach as a direct result of a cyberattack on a vendor or other third-party partner. But the cyber risk is new.”

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

Finovate

JUNE 3, 2025

“Our partnership with Spayce unites robust payment infrastructure with ThetaRay’s Cognitive AI to deliver proactive risk mitigation, greater transparency, and the trusted cross-border transactions needed to power global growth.” Founded in 2013, ThetaRay made its Finovate debut at FinovateFall 2015 in New York.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Financial Crimes Crime 52

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times. Maturing Risk Strategies.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54