PYMNTS

AUGUST 20, 2018

“Historic compromises have included small to medium-[sized] financial institutions [FIs], likely due to less robust implementation of cybersecurity controls, budgets or third-party vendor vulnerabilities. The FBI recommended several steps to hopefully head-off such an attack.

FBI 40

FBI Zelle Credit Cards ATM 40

Nanonets

MARCH 22, 2023

Growing businesses have to maintain relationships with many suppliers and vendors, and this usually ends up making the Accounts Payable process complicated. Vendors with different invoicing standards/procedures tend to make accounts payable processes quite cumbersome. Hence they might want to consider AP Automation instead.

Accounts 52

Accounts Duplicate Automation Process 52

Nanonets

MAY 31, 2023

The operation of any business hinges on the procurement of essential goods and services from third party vendors.  While Large businesses often have a centralized procurement department with its own employees and procedures. This may result in budgeting issues and deviation from compliance standards.

Process 52

Process Automation Product Third Party Vendors 52

Stax

MARCH 15, 2025

This also means that your customers won’t have to deal with too many third-party vendors, because any concerns they have regarding software, features, and payment processing can be handled under your roof. Reduce churn All the benefits mentioned above lead to lower rates of involuntary churn.

Enrollments 88

Enrollments Payment APIs and Integration Payments Online and Mobile Banking 88

Nanonets

SEPTEMBER 25, 2024

Regularly train staff on adjustment procedures to minimize errors. Third-party vendor management When working with external vendors, vet their security protocols and compliance measures to ensure they meet industry standards.  Establish a structured adjustment process with thorough documentation.

Process 52

Process AI Best Practices Reconciliation 52

CB Insights

JULY 23, 2020

As a building’s first point of contact — and first line of defense — entrances and lobbies are poised for a revamp in policies and procedures when it comes to fighting the spread of Covid-19. Additionally, the explosion in e-commerce activity increases the amount of sensitive data companies and their vendors need to protect.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

CB Insights

JUNE 6, 2019

The Secret Service informed Altrec that the attackers had exploited a vulnerability in the payments processing system of a third-party vendor. The company invested in its customer support teams, overhauled its internal reporting procedures, and simplified the product’s pricing.

Breach 78

Breach On-Demand Product Online and Mobile Banking 78

The Payments Association

APRIL 14, 2025

Under this provision, large organisations can be held criminally liable if they do not have reasonable procedures in place to stop fraud committed by their employees, agents, or subsidiaries where the intent was to benefit the organisation or its clients.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88