The Fintech Times

MAY 5, 2024

Resilience , the US-based cyber risk solution company, has introduced two new cyber risk tools to its cyber insurance package, in a move to help its clients reduce losses from cyberattacks. Not only are Resilience’s clients more effective at avoiding loss, but they also are more proactive about assessing and mitigating that risk.

Risk Mitigation 69

Risk Mitigation Mitigation Risk Ransomware 69

Finovate

SEPTEMBER 4, 2024

Ncontracts has acquired Venminder, a third-party risk management SaaS platform, to enhance its governance, risk, and compliance services. The acquisition will broaden Ncontracts’ expertise in third-party risk management and strengthen its position in both SaaS and knowledge-as-a-service markets.

Risk Management 59

Risk Management Risk Due Diligence Acquirers 59

FloQast

SEPTEMBER 18, 2024

The Strategic Shift: From Compliance to Risk Orchestration FloQast’s survey uncovered a pretty notable opportunity in the compliance landscape. While a significant 47% of compliance professionals are focused on reducing administrative demands, only 16% are exploring strategic risk orchestration. You know what’s the best defense?

Compliance 103

Compliance Risk Risk Management On-Demand 103

PYMNTS

OCTOBER 23, 2020

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. CEO Carl Hartmann, was founded amid the pandemic as supply chain risks skyrocketed.

Risk Mitigation 63

Risk Mitigation Mitigation Risk B2B 63

Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

The Fintech Times

MARCH 13, 2024

Lloyd’s , the insurance and reinsurance marketplace, has published a new report, revealing how the rapid evolution of generative artificial intelligence (AI) technology could impact the cyber risk landscape, requiring businesses to build greater resilience to these evolving threats. ” However, businesses cannot do this without support.

Risk Mitigation 59

Risk Mitigation Mitigation AI Risk 59

The Fintech Times

FEBRUARY 28, 2025

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” “AI contracts compound these risks if poorly structured. A top concern is liability for AI errors.

AI 97

AI Regulations Best Practices Risk 97

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 54

Risk Management Risk Risk Mitigation Mitigation 54

The Fintech Times

FEBRUARY 15, 2025

This platform enhances financial compliance through real-time data processing, risk assessment, and regulatory alignment, ensuring that financial institutions meet Saudi Arabias evolving fintech regulatory landscape. Saudi technology provider T2 acquired Moola , a corporate expense management platform.

Innovation 64

Innovation Fraud Prevention AI Compliance 64

PYMNTS

JULY 27, 2020

Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.

Risk Management 60

Risk Management Risk Mitigation Risk Assessment 60

Trade Credit & Liquidity Management

JUNE 2, 2025

In today’s competitive business environment, the credit department’s primary value lies in its ability to facilitate sales in alignment with company forecasts and objectives, not just to minimize risk, but to actively support growth. Look for ways to adapt procedures to support sales without compromising risk standards.

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Fintech Finance

MARCH 3, 2025

Antom, a global leader in merchant payment, growth and digitisation services, is transforming the merchant payment experience with its AI-driven and risk tech-optimised solutions. Multi-Party Computation (MPC)-based AI risk management and mobile device security system ensure every transaction is secure.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

Fintech News

FEBRUARY 21, 2024

However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk. FIs are also encouraged to explore other quantum security solutions, including QKD, as part of their risk management strategies.

Third Party Vendors 113

Third Party Vendors Cybersecurity Mitigation Encryption 113

The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations.

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times.

Risk 54

Risk Risk Mitigation Risk Management Data Breach 54

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. But the cyber risk is new.”

Risk Mitigation 76

Risk Mitigation Security Data Breach FinTech 76

PYMNTS

OCTOBER 30, 2020

Exacerbated by the coronavirus crisis, supply chain risk is on the rise as more businesses struggle to remain viable in a volatile market. It's vital for businesses to understand where their risk blind spots are, however, and to strategically work with the business partners that can contribute to a more stable business ecosystem.

Risk 73

Risk Third Party Vendors Risk Management Risk Mitigation 73

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

MARCH 8, 2019

Insurance firm Zurich is introducing a new supply chain risk management service in conjunction with riskmethods, reports in Global Banking and Finance Review said Thursday (March 7). Other supply chain risks stem from ongoing trade disputes between the U.S. coming from larger corporates. for example.

Risk 51

Risk Risk Mitigation Mitigation Risk Management 51

PYMNTS

NOVEMBER 11, 2016

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. “You never know what you don’t know,” as Paul Blake, senior manager of technology product marketing at procurement software firm GEP , put it. Blake explained this as a “risk in purchasing.”

Risk 68

Risk Risk Mitigation Mitigation Risk Assessment 68

PYMNTS

JULY 24, 2020

Today, they’re managing this workload in a remote setting on top of a slew of other pressures facing organizations. So it’s not exactly surprising that supply chain risk mitigation efforts can fall by the wayside. Lackluster Risk Strategies. ” Combating Risk Through Technology. .

Risk 70

Risk Due Diligence Risk Mitigation Mitigation 70

PYMNTS

DECEMBER 13, 2018

and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result. Supplier financial risks have declined over time, too. Trade tensions between the U.S.

Risk 62

Risk Risk Mitigation Mitigation Cross-Border 62

FloQast

FEBRUARY 19, 2025

Xavier Sanchez is a Managing Director at CFGI, leading the Risk Advisory practice in the New York Metro area. As a consultant in the risk mitigation and compliance space , I always strive to be my client’s advisor on their risk and compliance needs.

Advisors 52

Advisors Compliance Risk Audit 52

PYMNTS

MARCH 20, 2020

But lenders themselves, even industry incumbents, are also quickly recognizing the potential that unlocking data has not only on improving the SMB borrowing experience, but on significantly improving their own internal operations, particularly when it comes to risk mitigation. ” The U.S.’s ’s Open Banking Path.

Risk Mitigation 93

Risk Mitigation Mitigation Payment APIs and Integration Risk 93

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 57

Risk Risk Mitigation Mitigation Cybersecurity 57

PYMNTS

NOVEMBER 9, 2017

More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

Risk Management 43

Risk Management Risk Treasury AFP 43

The Fintech Times

SEPTEMBER 19, 2024

However, risk orchestration is a process promising to help fintechs and financial institutions combine their customer onboarding, authentication and risk management processes into one place. “This is done through the integration of risk management, adaptive risk mitigation, process automation, and real-time analysis. .

Risk 59

Risk Financial Crimes AML Risk Management 59

PYMNTS

OCTOBER 14, 2019

Supply chain risk never sleeps, and as global expansion becomes a more viable option for growing enterprises, so does the prospect of heightened risk exposure. On top of geopolitical factors, there are a slew of risks facing supply chains from many angles, as Resilinc Co-founder Sumit Vakil recently told PYMNTS.

Risk 53

Risk Risk Mitigation Innovation Mitigation 53

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. The post AU10TIX Aims to Reduce Operational Risk for Businesses With New AML Solution appeared first on The Fintech Times.

AML 64

AML Risk Payment APIs and Integration Money Laundering 64

Fintech News

JUNE 5, 2024

Dr Thng stresses that managing the outsourcing life cycle is a crucial strategy for today’s FIs to enable them to align their operations with changing technologies and market demands. The first pertains to the need for strategic management with a focus on innovation. The standard outsourcing life cycle methodology is quite generic.

FinTech 109

FinTech Mitigation Risk On-Demand 109

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 40

Risk Mitigation Risk Mitigation Treasury 40

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 47

Risk Risk Mitigation Payment APIs and Integration Database 47

M2P Fintech

APRIL 10, 2025

Unlike unsecured personal loans, which entail elevated risk for lenders and impose higher interest rates on borrowers, Loans Against Mutual Funds (LAMF) present a secure and cost-efficient lending model. Real-time precision is required to oversee risks tied to NAV volatility and maintain optimal Loan to Value (LTV) ratios.

Mitigation 52

Mitigation Regulatory Compliance Compliance Automation 52

PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms.

Risk Mitigation 53

Risk Mitigation Mitigation Risk Management Cross-Border 53

The Finance Weekly

OCTOBER 13, 2021

Additionally, given the significance of new technologies in today’s context of business, FCs need to know how to leverage technical innovations to manage risk and generate value. A collaborative approach can also vastly improve risk management. A prime example of such innovations is of course CPM software.

Risk Management 130

Risk Management Risk Mitigation Risk Finance 130

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. The businesses that are going to succeed in their compliance and risk strategies, he added, are those that understand the relationship between procurement and compliance.

Compliance 76

Compliance Due Diligence Risk Mitigation Risk 76

Fintech News

JULY 24, 2024

Additionally, human error remains a significant risk factor; as systems become more complex, the potential for misconfigurations or operational mistakes increases. By leveraging the expertise of technology partners, banks can accelerate their transformation, reduce risks, and stay focused on their core business of serving customers.

Finance 120

Finance Risk Mitigation Automation Disaster Recovery 120