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WSECU Invests in AKUVO to Modernize Collections and Credit Risk Management

Finovate

” This funding represents a significant vote of confidence in AKUVOs role in the future of collections and credit risk management. Photo by Allef Vinicius on Unsplash The post WSECU Invests in AKUVO to Modernize Collections and Credit Risk Management appeared first on Finovate.

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Three Ways to Improve the Relationship Between Credit and Sales

Trade Credit & Liquidity Management

Risk Mitigation Tools: Maintain a toolkit of flexible solutions, such as milestone payments, escrow, collateral, guarantees, or credit insurance, to balance risk management with sales enablement. Credit Pre-Checks: Work with sales to anticipate credit needs for both existing and new customers.

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Evolving money laundering risks for EMIs: Insights from the upcoming NRA

The Payments Association

Without this nuance, there is a risk of unintended consequences for compliance leaders and innovators alike. The report acknowledges that risk mitigation has improved, but that the increased exposure and use have necessitated an increase in risk score.

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Antom Receives SOC 2 Type II Certification as It Enhances Unified Merchant Payment Services

Fintech Finance

An expanding suite of specialised AI agents designed to support key areas such as integration, risk management, intelligent customer service, success rate optimisation, and merchant onboarding. Multi-Party Computation (MPC)-based AI risk management and mobile device security system ensure every transaction is secure.

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As AI Grows, So Do Its Challenges: Industry Reveals Technology’s Biggest Hurdles

The Fintech Times

” Thoughtful governance and proactive risk management Charles Nerko, team leader for data security litigation in Barclay Damon LLP There is a misconception that as AI learns from data, it will be impossible for it to make mistakes.

AI
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The Modernization Imperative: Why Financial Services Cannot Afford Legacy System Inertia

Finextra

Implementation Considerations and Risk Mitigation Regulatory Compliance in Modernized Environments Modernization efforts must maintain regulatory compliance throughout transformation phases. This requires careful planning around data residency, audit logging, access controls, and disaster recovery capabilities.

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Driving Efficiency in Loans Against Mutual Funds with Tailored Loan Management System (LMS)

M2P Fintech

Implementing automated systems can reduce labor, minimize inaccuracies, and enhance the reliability and efficiency of collateral management processes. Real-time precision is required to oversee risks tied to NAV volatility and maintain optimal Loan to Value (LTV) ratios.