article thumbnail

Can Crypto Firms Catch Up on Compliance Gaps as Regulations Evolve?

Fintech News

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.

article thumbnail

How Finance Departments Can Mold Risk Mitigation Into Opportunity

PYMNTS

Auditors are embracing automation to mitigate against the risks of errors and non-compliance, the Wall Street Journal reported last month. But as they defend against risks, auditors are also beginning to embrace the idea that risk mitigation can include identifying opportunities. “We’re

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Resilience Launches New Cyber Risk Tools to Empower Clients to Improve Their Risk Mitigation

The Fintech Times

Charles Pruzinsky , head of underwriting and sales at Resilience, also commented: “Resilience is the only company that connects data science, threat intelligence, and comprehensive cyber insurance to empower our clients to prioritise and improve their risk mitigation investments and priorities.

article thumbnail

Nordic Fintech Two Collaborates With Leading Dutch Banking Leader ABN AMRO to Modernise B2B E-Commerce Payments

Fintech Finance

Uncompromised Security and Trust: Integrating ABN AMROs financial infrastructure with Twos secure technology ensures reliable, risk-mitigated transactions. Streamlined, Scalable Processes: Designed to minimise administrative work, the solution can adapt to businesses of all sizes, from SMEs to large corporations.

B2B 98
article thumbnail

B2B Startups Land Funding For Risk Mitigation Tech

PYMNTS

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. Below, PYMNTS rounds up the latest funding news in the world of B2B.

article thumbnail

OSTTRA, Baton and Partior Enable 24/7 FX Settlement with Tokenised Bank Funds

Fintech News

OSTTRA Co-CEO John Stewart said the integration builds on the company’s earlier partnership with Baton, which aimed to support widespread adoption of FX PvP by extending liquidity optimisation and risk mitigation benefits to more currency pairs and market participants.

article thumbnail

Financial Shutdown Risk Mitigation

Finextra

Six cybersecurity tactics for financial services to prevent disaster Anyone who has seen the apoca.