Fintech News

FEBRUARY 21, 2024

Additionally, research into Quantum Key Distribution (QKD) technology is underway, aiming to create secure methods for distributing encryption keys. This guidance is intended to supplement existing MAS notices and guidelines on technology risk management and cybersecurity.

Third Party Vendors

PYMNTS

SEPTEMBER 25, 2018

The updates include connectivity with third parties, allowing its Fusion Framework System users to engage with their suppliers and other third parties in supply chains to streamline the vendor risk assessment process. The enhancement means third parties can more easily participate in a holistic risk mitigation strategy, Fusion noted.

Risk Management

PYMNTS

DECEMBER 13, 2018

Nearly half of companies surveyed by Western Union for its UK FX Barometer said they are “worried or very worried” about FX risk mitigation and hedging. That concern is growing for financial decision-makers in the retail, wholesale, and food and beverage industries, researchers noted.

Risk

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. Hospital network Atrium Health revealed that the data of up to 2.65

Risk Mitigation

PYMNTS

NOVEMBER 21, 2018

businesses are over-exposed to risks related to interest rate and foreign exchange volatility, according to new Citizens Bank research. Citizens asked more than 300 corporate professionals about how their firms are managing interest rate and FX volatility, finding two-thirds could be over-exposed to volatility risks.

Risk Mitigation

PYMNTS

APRIL 10, 2019

Indeed, the report concluded, high-profile data breaches and cyberattacks may be “causing some executives to conclude that their organization’s approach to risk management may not be as strong as they once perceived it to be.”. Maturing Risk Strategies. Talent Management, Economic Disruption.

Risk

PYMNTS

MARCH 8, 2019

Through the partnership, Zurich Insurance Group will provide corporate customers with riskmethods’ supply chain risk identification and management technologies. Risk management is about identifying, assessing and controlling risk from an operational level and making decisions to balance the benefits,” she said.

Risk

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. Thinking Ahead.

Risk

PYMNTS

SEPTEMBER 21, 2019

In this context, the House Financial Services Committee’s Task Force on Artificial Intelligence met earlier this month to discuss the rising threat of small business cyberattacks, the role of technology in combatting it, and the potential for regulation to address security risks.

Data Breach

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar.

Risk Mitigation

PYMNTS

JANUARY 24, 2019

Understanding exposure to risk is essential for companies today, and Dun & Bradstreet (D&B) research suggests awareness is strong, with U.S. procurement professionals identifying supplier due diligence, internal compliance training, social governance efforts and continued vendor monitoring as the biggest concerns.

Compliance

PYMNTS

JULY 23, 2019

Tokyo Shoko Research, a Japan -based commercial database, has signed an agreement with SAP Ariba in the latter’s effort to strengthen its supply chain risk mitigation offerings. million Japanese companies to augment its SAP Ariba Supplier Risk solution, the companies said in a press release Monday (July 22).

Risk

FloQast

SEPTEMBER 18, 2024

Integrated Risk Management : By adopting FloQast’s technology, organizations can move from basic risk mitigation to a proactive, integrated approach, transforming compliance into a strategic partner in decision-making.

Compliance

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management

PYMNTS

JANUARY 24, 2019

Some experts have warned that government entities’ focus on procurement cybersecurity could lead vendors, particularly small contractors, to lose out on business if their own cybersecurity and supply chain risk mitigation initiatives are subpar. ”

Cybersecurity

PYMNTS

JANUARY 31, 2019

.” The report also issued a slight warning to the industry: While faster payment innovations and technologies are progressing, solutions “tend to focus on technology more than risk,” with less attention paid to risk mitigation and legality than to speed. “As the U.S. trillion in the U.S. a decade ago.

Faster Payments

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes.

AI

PYMNTS

OCTOBER 17, 2016

But according to researchers, SMEs have yet to implement the appropriate technologies and protocols to handle a cyberattack, despite the fact that the majority of businesses surveyed said they had already been victim to at least one attack.

Technology

Fintech News

APRIL 3, 2025

Research and Markets projects that the Buy Now, Pay Later (BNPL) market in the Asia Pacific region will experience significant growth, expanding at an annual rate of 14.5% BNPL Regulation in Select Asia Pacific Markets Source: Fintech News, Research and Markets The era of limited or unchecked BNPL expansion is coming to an end.

BNPL

Trade Credit & Liquidity Management

MAY 1, 2025

Managers should leverage real-time and alternative data sources to reassess customer risk profiles, going beyond standard bureau data which heavily rely on past payment histories. Other risk mitigation tools can also be used to mitigate trade credit risks, such as guarantees, security agreements under the UCC, and letters of credit.

Risk Mitigation

Nanonets

MAY 31, 2023

This empowers finance professionals to make informed decisions about budgeting, cash flow management, investment opportunities, and risk mitigation. Identify AI solutions Research and identify AI solutions that align with your objectives, budget, goals and requirements.

AI

PYMNTS

DECEMBER 11, 2018

On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past. To conduct its research , Protiviti provided c-level executives with a list of 30 risks, including macroeconomic, strategic and operational.

Mitigation

PYMNTS

MARCH 10, 2020

A differentiated approach to SMB data collection yields enhanced risk mitigation and underwriting capabilities that can expand capital to SMBs that would otherwise be unable to access funding from a traditional bank. Improving The SMB Lending Experience.

Underwriting

Clearly Payments

FEBRUARY 3, 2024

Risk Mitigation: Since BNPL providers assume the risk of non-payment, merchants are protected from default or chargeback issues, reducing their financial exposure. Consider your target audience and industry nuances when researching providers as different platforms cater to diverse customer segments and transaction volumes.

BNPL

PYMNTS

MAY 8, 2018

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. Earlier research from Runzheimer, for instance, found that managers lack visibility into the spend of their mobile employees.

Risk Mitigation

PYMNTS

JULY 22, 2019

Its current platform aggregates regulatory trade and logistics trade data to promote enhanced market research and risk mitigation services for its users, the company explained.

Risk Mitigation

Fintech News

JUNE 5, 2024

To address these limitations, Dr Thng and Tristan proposed a new Strategy-Risk model that builds on a model by researcher Sara Cullen and team in their paper, Managing Outsourcing: The Life Cycle Imperative. What makes the Strategy-Risk model a robust tool is its iterative sequential approach.

FinTech

Nanonets

SEPTEMBER 22, 2023

Effective  vendor management  contributes to cost optimization,  risk mitigation , and quality assurance. In  clinical research ,  vendor management  involves stringent  regulatory requirements , including ICH E6 Good Clinical Practice, ISO 14155, FDA 21 CFR Part 50, and Regulation (EU) No 536/2014.

Risk Mitigation

PYMNTS

JUNE 24, 2019

BlueTarp targets SMBs with accounts receivable management, cash flow tools, risk mitigation solutions and trade credit financing offerings. In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs).

Acquirers

PYMNTS

SEPTEMBER 7, 2018

Temenos published research last year, signalin g a rising appetite for customers to switch their banking providers. Corporate treasurers said they would switch for elevated risk mitigation and liquidity management services.

Risk Mitigation

PYMNTS

AUGUST 21, 2019

This is the second recent agreement for SAP Ariba, which announced last month that it had signed a deal with Tokyo Shoko Research, a Japan -based commercial database, to strengthen its supply-chain risk mitigation offerings. “We are thrilled to welcome Standard Chartered into.

B2B

PYMNTS

SEPTEMBER 29, 2017

Managing Risk. One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. The ABA also found banks are increasingly turning to third-party providers to help manage risk and maintain compliance.

Treasury

PYMNTS

JULY 13, 2016

Farrell said corporations are vocal about their concerns regarding supplier risk. “Risk mitigation and managing any relationship with an eye on risk is something that customers of all sizes are looking at,” said Farrell. ” Research has also given reason to pay attention to vendor risk mitigation.

Risk Mitigation

PYMNTS

JUNE 25, 2019

Susquehanna International Group’s Senior Equity Research Analyst Mehdi Hosseini told the publication that, while there is “some flexibility” for certain Apple products, the company’s demand for skilled labor and inventory hubs means “it would take time” for suppliers to complete the change.

Risk Mitigation

PYMNTS

JUNE 15, 2016

Western Union Business Solutions is targeting Hong Kong SMEs in an effort to support their interest in FX hedging and risk mitigation. Cross-border operations can expose companies to an array of risks, including foreign exchange risk. . A higher-than-expected payment, the firm noted, can thwart business growth.

Cross-Border

PYMNTS

MARCH 30, 2017

He added that some services, like those offered by Money Mover, allow a small business to lock in an FX rate to mitigate against fluctuations. The company cited its own research that found an SME making 12 payments a year of £50,000 (about $62,000), locking in FX rates through services like Money Mover’s, could save £17,580 (about $22,000).

Cross-Border

PYMNTS

JUNE 15, 2018

Financial analytics firm RapidRatings and procurement technology company SynerTrade are collaborating on a solution for companies to mitigate procurement risk. RapidRatings, owned by FHR Network , is integrating its Risk Management API technology into the SynerTrade Accelerate Platform. . ”

Risk Management