Category : Risk Management

Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Combating Payment Fraud with AI-Powered Risk Scoring

Fintech Staff Writer
by Fintech Staff Writer0
Digital banking has revolutionized how people manage finances, but it has also increased exposure to payment fraud. As fraudsters become more sophisticated, traditional rule-based methods struggle to keep pace. AI-powered risk scoring provides a more robust solution by analyzing vast amounts of transaction data and identifying subtle patterns that indicate......
Cloud Digital Payments Featured Finance Fintech Risk Management Robotic Process Automation Security

Impact of PCI DSS 4.0 on Cloud Infrastructure Security for Financial Services

Fintech Staff Writer
by Fintech Staff Writer0
The introduction of PCI DSS 4.0 marks a significant update in the Payment Card Industry Data Security Standard (PCI DSS), which aims to enhance payment card data protection and address evolving security threats. For financial services organizations that heavily utilize cloud infrastructure, PCI DSS 4.0 brings new requirements and changes......
Cloud Finance Fintech News Risk Management Security

Over 50% of Fortune 500 Now Use AuditBoard’s Modern Connected Risk Platform

Business Wire
by Business Wire0
AuditBoard empowers the world’s top companies to drive business value in the face of ever-changing risks and regulations AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced that more than 50 percent of the Fortune 500, and 7 of the Fortune 10, now use AuditBoard’s......
InsurTech News Risk Management

Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations

GlobeNewswire
by GlobeNewswire0
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Nasdaq incorporates AI-based machine learning to process risk calculations up to 100 times faster Nasdaq announced it has developed an innovative......
Fintech News Risk Management Security

Numerix Expands Expertise with Acquisition of Convertible Securities Platform Kynex

PR Newswire
by PR Newswire0
Move Strengthens Numerix’s Risk Management Solutions and Fixed-Income Coverage Numerix, a leading capital markets Front-to-Risk technology provider, is pleased to announce the acquisition of Kynex, a market leading financial platform known for its expertise in convertible securities valuation, portfolio and risk management, and trade flow/order management. This strategic acquisition further......
Digital Payments Finance Fintech Guest Posts Risk Management Security

Ensuring PCI DSS Compliance in Finance

Pukar Hamal
by Pukar Hamal0
By Pukar Hamal, Founder and CEO at SecurityPal Payment card fraud is projected to hit $13.73 billion by the end of 2024. Can PCI DSS prevent such massive losses? In 2013, hackers stole data from 40 million credit and debit cards at Target, costing the company $292 million. Investigators found......
Banking Fintech News Risk Management Security

OneSpan Strengthens Leadership in Banking Security with Innovative Phishing-Resistant Authentication and Transaction Signing Solution

Business Wire
by Business Wire0
New innovation expands on the company’s FIDO authentication portfolio with transaction signing OneSpan Inc. today announced a breakthrough innovation in phishing-resistant transaction security, VISION FX. This new solution combines OneSpan’s patented CRONTO® transaction signing with FIDO2 protocols that strengthen protection against phishing and account takeover threats (ATO), setting a standard for......
Featured Finance Fintech Risk Management Security

The Impact of Real-Time Data Integration on Financial and Insurance Industry Analytics

Fintech Staff Writer
by Fintech Staff Writer0
Data has become a crucial asset for driving decision-making, risk management, and customer experience. One of the most transformative advancements in recent years is the adoption of real-time data integration. This technology enables businesses to consolidate and analyze data from multiple sources instantaneously, allowing for more responsive and accurate insights.......
Finance Fintech News Risk Management Robotic Process Automation Trading

Instantia partners with ION FX for trade execution and risk management

PR Newswire
by PR Newswire0
ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that Instantia has selected ION Foreign Exchange (FX) for trade execution, trade management, risk, and settlement management for its FX business. Australia-based Instantia is a digital FX,......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
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