The Finance Weekly

FEBRUARY 23, 2025

This issue hampers forecasting accuracy, risk management, and resource allocation. Without accurate insights, businesses struggle with forecasting, risk management, and resource allocation. Manage Risk and Uncertainty Identifying risks early helps businesses prevent financial losses and adjust strategies effectively.

Best Practices

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

FloQast

OCTOBER 27, 2023

While it can feel burdensome, compliance management has become a critical risk management feature and is too important to ignore. Unfortunately, compliance management is no walk in the park. The risk assessment should also identify the potential consequences of each risk and the controls in place to mitigate those risks.

Compliance

FloQast

MARCH 21, 2024

Regulatory changes to legislation, auditing standards, and financial reporting requirements According to KMPG’s 2023 SOX Report , respondents spend an average of $1.6 Number of locations worldwide External factors (inflation, cost of labor, currency fluctuation, etc.)

Compliance

FloQast

DECEMBER 13, 2023

The control environment includes: Management’s philosophy and operating style (also known as “The Tone at the Top”) Organizational structure Board of Directors and Audit Committee Human resources policies 2. Control Activities Control activities are designed to prevent or detect errors and fraud in financial reporting.

Compliance

Finovate

MARCH 31, 2025

We interviewed Jenna Wells, Chief Operating Officer with Supply Wisdom , to talk about the issue of third-party risk management in financial services in 2025. Wells talks about how third-party risk in financial services is evolving, and what companies need to do in order to better manage it. Tom Thimot is CEO.

Risk

The Payments Association

APRIL 14, 2025

This includes undertaking robust fraud risk assessments, embedding tailored internal controls, and delivering ongoing staff training. DORA establishes a comprehensive framework for incident classification and reporting, digital resilience testing, and oversight of outsourcing arrangements.

Regulations