VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

The Payments Association

FEBRUARY 10, 2025

While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Why is it important? What’s next?

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. Banks and cross-border payment service providers are especially at risk of being exploited for laundering proceeds from these crimes due to their transnational operations.

Money Laundering 112

Money Laundering Crime Risk Law Enforcement 112

Finovate

APRIL 4, 2025

PromoComply – Montreal, Quebec – FEU 2025 : Offers technology that automates compliance for financial promotions, reducing legal risks, and enhancing transparency for consumers in real time. Aspire subsidiary ASG2 secured a Capital Markets Services License (CMS) from the Monetary Authority of Singapore (MAS).

Mitigation 59

Mitigation Cross-Border Acquirers Security 59

Fintech News

JULY 1, 2024

Singapore has released its updated Terrorism Financing National Risk Assessment (TF NRA) and National Strategy for Countering the Financing of Terrorism (CFT) to address terrorism threats. The country also collaborates with the private sector and academic institutions to enhance its understanding of these risks.

Risk Assessment 116

Risk Assessment Assessments Risk Finance 116

The Payments Association

DECEMBER 2, 2024

The aim of the regulation was to mandate Payments Service Providers (PSPs) to offer credit transfers in euros and instant credit transfer services. Consumer Duty While the Consumer Duty was initially put into place in 2023, an extended deadline of July 31 was set for closed products and services. .’

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

The Fintech Times

OCTOBER 31, 2024

LSEG Risk Intelligence , the compliance, risk management and fraud prevention solution provider, has launched two new products designed to enhance financial security and drive operational efficiencies across the globe.

Mitigation 59

Mitigation Risk Global Payments Deepfake 59

Fintech Finance

DECEMBER 4, 2024

Commissioned by Mollie , one of Europe’s fastest-growing financial service providers, the study found that over half (54%) of UK SMBs were the victims of online fraud in 2024. Mollie’s research found that they spend an average of 15 days—or 120 hours—each year managing and mitigating fraud-related issues.

Account Takeovers 104

Account Takeovers Small Business Phishing Scams 104

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 Law Enforcement Crime 109

The Payments Association

MAY 16, 2025

Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment service providers (PSPs). These tokens are useless if intercepted, significantly mitigating the risk of data breaches.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Fintech News

JANUARY 24, 2024

The Money-Changing License will enable businesses to conduct money-changing services; the Standard Payment Institution License allows them to conduct multiple payment services below specified thresholds, and the Major Payment Institution License allows businesses to conduct multiple payment services without any transaction volume or float limits.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

Fintech News

JANUARY 22, 2025

Antom , a leading merchant payment and digitisation services provider under Ant International, is tackling this complexity head-on. Merchants must cater to diverse consumer preferences, including local digital wallets like DANA, Touch n Go eWallet, and TrueMoney, while navigating currency, tax, and regulatory complexities.

Payment APIs and Integration 117

Payment APIs and Integration eWallet SARS Privacy 117

VISTA InfoSec

OCTOBER 7, 2024

As financial institutions increasingly rely on digital infrastructure to enhance operations, customer experience, and security, they also face growing challenges in mitigating the risks that come with it, such as cyber threats, system failures, and other operational vulnerabilities.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

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 Payments Association

JUNE 16, 2025

A successful digital British pound hinges on a well-defined product, clear processes, and expert people to balance innovation with risk. More complex risks, like counterfeiting and double spending, also need to be addressed to build trust. Retailers and service providers may favour synchronous models to mitigate payment disputes.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

The Fintech Times

JANUARY 7, 2025

Enhancing security Some of these services are the Check IBAN, Name Check CBI and CBI Safe Trade, all designed to combat frauds and deliver greater security.Moreover, these solutions are fully in line with the Sustainable Development Goals (SDGs) identified by the United Nations 2030 Agenda.

Value Added Service 105

Value Added Service Finance Cross-Border Payments Payee 105

The Fintech Times

JULY 10, 2025

“For travel businesses, when it comes to refunds and disputes, being proactive rather than reactive is paramount in mitigating financial damage.” ” To help businesses minimise the risk of chargebacks, Chargebacks911 has issued a number of recommendations for different service providers.

Disputes 64

Disputes Payments On-Demand Addressing 64

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

The Fintech Times

FEBRUARY 28, 2025

Monitoring AI so it doesn’t get outsmarted by fraud James Lichau, financial services co-leader at BPM AI is constantly learning and adapting to offer a more personalised solution. “AI contracts compound these risks if poorly structured. Contracts need to address AI-specific risks to avoid leaving organisations vulnerable.

AI 97

AI Best Practices Regulations Risk 97

Stax

NOVEMBER 14, 2024

This article on the best credit card processing companies providing payment processing services will help you reach a better understanding of credit card processing. Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

BNG Payments

JANUARY 7, 2022

How to Mitigate Credit Card Payment Risks Credit cards are the number one form of payment with businesses today, and with more businesses offering online purchasing each year, the future of credit cards remains bright. Follow the practices below to minimize the risk of disputes when making card-present transactions.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

Neopay

JANUARY 25, 2024

The European Banking Authority (EBA) on 16th January extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). Therefore, it is important that CASPs know about these risks and put in place measures that effectively mitigate them.

Service Provider 52

Service Provider Risk Due Diligence Money Laundering 52

Stax

JANUARY 23, 2025

The merchant underwriting process is a critical step that payment processors and financial institutions use to assess the risk associated with onboarding new businesses. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

The Fintech Times

DECEMBER 9, 2024

This year taught us that we are all vulnerable to the risks of interconnected systems, as highlighted by a global outage caused by a faulty software update from CrowdStrike. “Consumers will be able to enjoy seamless, faster, and more secure payment experiences, reducing the need for physical contact and minimising the risk of fraud.

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking Financial Inclusion AI 102

Fintech News

APRIL 28, 2024

It will be prominently displayed on the service providers’ websites and other communication channels. Experian has been instrumental in working closely with the BNPL service providers to facilitate the credit sharing process and ensuring the successful implementation of the private credit bureau.

BNPL 109

BNPL Compliance Accreditation Consumer Protection 109

The Payments Association

JUNE 16, 2025

Rebecca Marriott Chief risk officer, Tide "APP fraud prevention requires shifting from remediation to prevention - detecting and stopping fraud early rather than remediating incidents after the fact. With increasing attack vectors, organisations need proper software solutions and visibility to mitigate risk effectively.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Fintech Times

DECEMBER 6, 2024

Smaller businesses are finding themselves in murky waters as a new study from Mollie , the European financial service provider, reveals small and medium-sized enterprises (SMEs) are unprepared for cyberattacks amid a rise in fraud. The research found that 5.5 million SMEs lost 10,800 this year as a result of fraud.

Account Takeovers 80

Account Takeovers Phishing Small Business Cybersecurity 80

Fintech Finance

SEPTEMBER 26, 2024

Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks.

Acquirers 98

Acquirers Financial Crimes Fraud Detection Crime 98

The Fintech Times

MARCH 3, 2025

While financial apps have become central to personal finance management in the UK, almost one in four Brits believe that these apps are ‘in need of improvement’ in some way, mobile app service provider Apadmi has revealed.

Addressing 59

Addressing Finance Non-Bank Mitigation 59

The Payments Association

JUNE 3, 2025

The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated. When onboarding new service providers, fintechs, or merchant partners, a token-based architecture allows for quicker, cleaner integration by decoupling sensitive data from transaction logic.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Fintech Finance

SEPTEMBER 24, 2024

The collaboration aims to share best practices in the Open Finance and Verification of Payee landscape, with the final goal of enhancing payment service providers’ value-added offerings and overall financial market efficiency.

Payee 98

Payee Verification IBAN Cross-Border 98

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. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

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. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

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. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

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. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

Fintech Finance

MARCH 3, 2025

Antom , a leading unified merchant payment services provider under Ant International, has received Service Organization Control (SOC) 2 Type II certification, a globally recognised benchmark for data security and privacy protection. Built-in fraud protection prevents e-wallet account takeover risks.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Disputes 52

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions. According to the Ravelin Fraud and Payments Survey 2024 , 52.4%

Fraud Prevention 98

Fraud Prevention Fraud Detection AI Disputes 98