Fintech Fraud Risk Management Security 
PYMNTS
JUNE 5, 2020
Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. We need to manage risk appropriately, but open banking is a good thing,” Davies said.
PYMNTS
DECEMBER 29, 2020
With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Can you really know your customer if you don’t know their location?”
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Gonzobanker
SEPTEMBER 21, 2023
CSI partnered with Dragonfly for treasury management and with Hawk AI for fraud and anti-money laundering solutions. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. Credit application verification provider Informed.IQ
CFPB Monitor
SEPTEMBER 8, 2022
Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. He indicated that to mitigate this risk, the OCC is currently working on a process to subdivide bank-fintech arrangements into cohorts with similar safety and soundness risk profiles and attributes.
Banking Exchange
NOVEMBER 3, 2020
COVID-19 has already proved its substantial impact on online-based fraud Feature Feature3 Fintech Security Cyberfraud/ID Theft Operational Risk Risk Management Covid19.
PYMNTS
JUNE 8, 2020
Growth] in API usage has resulted in B2B transactions’ unparalleled acceleration, but banks must still contend with fraud threats,’ the Tracker states. There’s work being done securing APIs , but businesses are using them confidently, not just to field new products and CX, but also as a data cyber shield found only in the clouds.
PYMNTS
JUNE 4, 2020
Financial institutions (FIs) are working during the pandemic to provide speedy digital services while fighting off the rise in fraud attempts. The June AML/KYC Tracker ® explores these and other methods that financial services companies are adopting as they work to make their security efforts both faster and more accurate.
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