Fintech News

JUNE 25, 2025

This enables lenders to construct a more detailed view of borrowers’ financial circumstances, resulting in more accurate credit risk assessments. Carrington Labs’ models are designed to accommodate diverse data sources, including transaction-level data, credit bureau information, and behavioural insights.

Credit Risk 73

Credit Risk Risk Underwriting Risk Assessment 73

Fintech News

JUNE 17, 2025

Source: Sumsub Key issues include weak risk assessments, delayed rollout of the Travel Rule, and a lack of interoperability among compliance tools. VASPs must adopt robust risk mitigation strategies and ensure their systems can communicate across borders to close these critical compliance gaps.

Compliance 101

Compliance Travel Rule Regulations APACS 101

Fintech News

JULY 7, 2025

4 Accelerated lending decisions Artificial intelligence combined with automated risk assessments will enable instant approvals for products like microloans and Buy-Now-Pay-Later, providing faster access to credit. #5

Automation 104

Automation Payment APIs and Integration Financial Inclusion Cross-Border Payments 104

Fintech Finance

OCTOBER 24, 2024

Set to go live in early 2025, this premiere payments solution will integrate Plaid’s instant account verification (IAV) and network-powered risk assessment capabilities into Dwolla’s pay by bank platform. The post Dwolla Partners with Plaid to Future-Proof Pay by Bank Payments appeared first on FF News | Fintech Finance.

Risk Assessment 109

Risk Assessment Payment APIs and Integration Verification Assessments 109

Fintech News

JULY 2, 2025

Moving beyond static KYC checks, fintechs and payment services alike are embracing intelligent, real-time risk assessment powered by digital footprinting and device intelligence. The post Beyond KYC: How Technology is Transforming the Fraud Prevention Game appeared first on Fintech Singapore.

Fraud Prevention 112

Fraud Prevention Technology Checks Money Laundering 112

Neopay

DECEMBER 20, 2023

In the case of customers identified as domestic PEPs or having close associations with domestic PEPs, the initial risk assessment will consider them to present a lower level of risk compared to non-domestic PEPs. The post Amended Money Laundering Regulations 2017 bring changes in PEP risk assessment appeared first on Neopay.

Risk Assessment 52

Risk Assessment Money Laundering Assessments Regulations 52

VISTA InfoSec

OCTOBER 21, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

Finovate

DECEMBER 11, 2024

With the launch of its new GenAI Financial Crime Detection Suite, ThetaRay aims to enhance risk assessment, streamline operational workflows, and strengthen anti-money laundering (AML) reporting to reduce fraudulent activity, such as money laundering and terrorist financing.

Financial Crimes 59

Financial Crimes Crime Money Laundering Risk Assessment 59

The Fintech Times

FEBRUARY 6, 2025

The new offering combines daily credit risk modelling with agentic research to provide a dynamic, 360-degree risk assessment. In todays fast-paced financial markets, access to timely, integrated information is crucial for effective risk assessment, said Rajiv Bhat , CEO of martini.ai. The post martini.ai

Research 59

Research AI Risk Assessment Due Diligence 59

Fintech News

JANUARY 21, 2025

Artificial intelligence (AI) is also gaining traction, particularly for risk assessment and operational efficiency. Open banking leaders and laggers in Southeast Asia, Source: Twimbit analysis, Dec 2024 Featured image credit: edited from freepik The post Is 2025 Finally the Year for Open Finance in Southeast Asia?

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

The Fintech Times

JULY 1, 2025

With the CFPB in temporary retreat, lenders may have a window to rethink risk assessment and consider how a broader set of data inputs could help address inclusion gaps responsibly. The real cost of poor risk assessment isn’t a CFBP-levied fine. The post What Does the End of the CFPB Mean for Credit Risk Innovation?

Credit Risk 59

Credit Risk CFPB Risk Innovation 59

Fintech News

JUNE 12, 2025

As highlighted, effective monitoring involves analysing a user’s full risk profile, from onboarding behaviour to transaction activity, logins, transfers, and counterparty interactions. This continuous risk assessment helps flag suspicious patterns before they become compliance incidents. It’s your credibility.

Compliance 118

Compliance Travel Rule Risk Due Diligence 118

Fintech Review

MARCH 11, 2025

This approach not only empowers users with rapid, accurate risk assessments but also feeds critical intelligence into banks fraud prevention systems, ensuring proactive defense measures are always one step ahead. For more information, users can visit feedzai.com.

Scams 52

Scams Fraud Prevention Risk Assessment Financial Crimes 52

Neopay

JUNE 26, 2025

Firms should also take note of the European Commission’s high-risk third countries update, which was released just before the FATF Plenary. For more details, check out the full article here: [link] The post June Regulatory Updates and Alerts appeared first on Neopay.

Financial Crimes 52

Financial Crimes Risk Assessment Crime Authorization 52

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. The revenue growth and profitability of a lending business depend on several factors.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

Fintech News

NOVEMBER 6, 2024

The integration of ADVANCE.AI’s technology provides features such as real-time identity verification, fraud detection, and risk assessments, which help financial institutions meet regulatory demands securely. These tools are also intended to reduce the risk of fraud and scams. The post Brankas and ADVANCE.AI

Compliance 106

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 106

The Fintech Times

NOVEMBER 2, 2024

Ltd : Developed an ‘e-KYC’ solution to digitally onboard customers, using advanced technologies like artificial intelligence, machine learning, thumbprint and facial recognition for a streamlined digital KYC platform Soft Net Technology : Proposed a centralised loan application platform in response to pre- and post-Covid challenges.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

Clearly Payments

JULY 12, 2025

Risk assessments related to sectors or customer segments with GDP sensitivity. The post How GDP Trends Impact the Payments Industry appeared first on Credit Card Processing and Merchant Account. GDP trends influence: Revenue forecasting for businesses that rely on transaction-based income.

Payments 66

Payments Volume ACH On-Demand 66

VISTA InfoSec

OCTOBER 7, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT).

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

VISTA InfoSec

MARCH 6, 2024

In this post, we’ll break down the key changes to Requirement 10 from PCI DSS 3.2.1 Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 Maintains the risk assessment step. In the newly released PCI DSS 4.0,

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

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. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 113

Money Laundering Crime Risk Law Enforcement 113

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

JUNE 12, 2024

It integrates an advanced cyber risk exposure scanning solution into the underwriting process. This technology enhances risk assessment by generating a real-time security posture score within a minute, allowing eligible small and medium-sized enterprises to obtain instant policy issuance in under 10 minutes.

Risk Assessment 90

Risk Assessment Assessments Cybersecurity Underwriting 90

Finovate

FEBRUARY 10, 2025

The integration with Backbase’s engagement banking platform will provide banks with real-time, AI-powered, proactive fraud prevention, plus lower operational costs thanks to AI-powered risk assessment that minimizes false positives. The company also recently partnered with Nordic digital transformation consultancy Knowit.

Financial Crimes 64

Financial Crimes Crime Fraud Prevention Account Takeovers 64

Fintech News

JANUARY 16, 2024

Utilising advanced technology, Igloo’s Weather Index Insurance employs big data, real-time risk assessment, and automated claims management. Featured image credit: Edited from Unsplash The post Igloo Expands Weather Protection Insurance Coverage for Vietnamese Farmers appeared first on Fintech Singapore.

Risk Assessment 120

Risk Assessment Database Blockchain Assessments 120

Finovate

DECEMBER 16, 2024

“Open Banking sits at the core of SME credit decisioning and brings confidence to underwriting risk assessments,” Capitalise Co-Founder Ollie Maitland said. Photo by Jaanus Jagomgi on Unsplash The post Capitalise Teams Up with Plaid appeared first on Finovate. Plaid reported that adoption of open banking by U.K.-based

Small Business 59

Small Business Non-Bank Risk Assessment Finance 59

Fintech Finance

MAY 18, 2025

Its unique Intelligent Payments solution combines Pay by Bank transactions, AI-powered verification, and real-time risk assessment into a seamless, secure experience. The post Yaspa Joins the Payments Association to Drive Open Banking Innovation appeared first on FF News | Fintech Finance.

Innovation 52

Innovation Real Time Payments Verification Risk Assessment 52

Neopay

APRIL 22, 2025

Compliance regimes need to respond accordingly, with risk assessments that are proactive and substantive continuous monitoring. The post NCA targets barbershops in major operation against money laundering and modern slavery appeared first on Neopay. It frequently starts on the high street, in plain sight.

Money Laundering 52

Money Laundering Crime Due Diligence Financial Crimes 52

Fintech Review

MAY 7, 2024

Machine learning is particularly transformative in various fintech applications, such as personalised financial advice and risk assessment, marking a transformative shift in financial methodologies towards more advanced, data-driven approaches. It is essential to mitigate these risks to prevent potentially devastating impacts.

AI 98

AI FinTech Risk Assessment Fraud Detection 98

FloQast

MAY 9, 2024

However, the path to compliance is fraught with challenges , including large upfront costs, organizational chaos, and reactive risk assessment processes. The post Navigating Compliance Challenges with FloQast: Inside the New Enhancements to FloQast Compliance Management appeared first on FloQast.

Compliance 105

Compliance Audit Risk Assessment Assessments 105

Fintech News

FEBRUARY 10, 2025

Source of image: Edited from Freepik The post Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence? As the fintech landscape evolves, embracing Agentic AI will not only transform how institutions operate but also empower consumers with smarter financial tools for a more inclusive future.

AI 85

AI FinTech Fraud Detection Fraud Prevention 85

Fintech News

JULY 14, 2025

Risk assessments were flawed. The post What Singapore’s SGD $3B Controversy Reveals About Compliance Failures appeared first on Fintech Singapore. The funds were funnelled through at least 16 financial institutions, raising serious questions about how the system failed to stop them.

Compliance 64

Compliance Financial Crimes Money Laundering AML 64

Finextra

JUNE 18, 2025

Over the past year, the company has posted a 7x year-over-year increase in revenue and surpassed 50,000 merchants on its platform. This includes vertical-specific capabilities that lend themselves to certain “Need-to-Pay” businesses, like property management, utilities, education, and government.

Payment APIs and Integration 52

Payment APIs and Integration Multi-Currency Fraud Detection Risk Assessment 52

Fintech News

MARCH 31, 2024

Loo Siew Yee Loo Siew Yee, Assistant Managing Director (Policy, Payments & Financial Crime), MAS, said, “COSMIC will enable FIs to warn each other of suspicious activities and make more informed risk assessments on a timely basis.

Financial Crimes 113

Financial Crimes Crime Money Laundering Law Enforcement 113

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. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

Fintech Review

MARCH 25, 2025

Nikos Andrikogiannopoulos, CEO of Metrika, emphasized the significance of the collaboration: “By bringing our technology together with Moody’s Ratings’ expertise in evaluating financial exposures, we demonstrated how digital asset risks can be quantified within traditional risk assessment systems.

Risk 52

Risk Assessments Risk Management Blockchain 52

Finovate

JUNE 17, 2025

The new offering will empower banks, credit unions, and consumer lenders to accelerate decision-making, make more accurate risk assessments, and improve borrower outcomes. Photo by Marek Ruczaj on Unsplash The post Plaid Partners with Experian; Launches Fraud Prevention Solution Plaid Protect appeared first on Finovate.

Fraud Prevention 52

Fraud Prevention Near Real-Time Risk Assessment Credit Union 52