With the advancement of technology, digitisation has taken a central spot in the payment landscape. Digital payments are omnipresent in today’s interconnected world and have made transactions faster and simpler. This paradigm shift has revolutionised e-commerce and trade. The immense Read More …
Tag: Risk Management industry
5 steps for effective fraud and risk management in the payments industry
The Evolution of Risk Management in Global Investigations
2.1 Introduction This chapter addresses the myriad potential avenues for a control environment to be compromised and for an area of risk or investigation to be identified, either proactively or reactively, by a corporate. It also highlights key developments and Read More …
Risk Paradigm to Sustain Indian Growth Momentum
As we bid farewell to another turbulent year, recently christened PRMIA Kolkata Chapter brought together industry stalwarts, banking experts and thought leaders to its webinar on – Risk Paradigm to Sustain Indian Growth Momentum. Setting the context of the evening Read More …
2022 Global Risk Survey: Singapore edition
Five key areas of focus for risk management in Singapore The findings from PwC’s 2022 Global Risk Survey unveiled five key areas that business executives should focus on as they strive to manage risks and take advantage of opportunities as Read More …
How digital signatures and blockchain technology can help to mitigate fraud risks
While advanced security systems managed to prevent a further £736 million from being taken, it does raise questions about what other preventative measures banks should be putting in place to further protect their customers. When blockchain technology is spoken about, Read More …
Managing Risk In Uncertain Times
We live in an increasingly uncertain and unstable world. So, why do enterprises continue to only prioritize risks that have a relatively high probability? Managing risk isn’t purely for survival—it’s a method of changing the way we work and can Read More …
Modern Data Is The Key To Disrupt And Innovate In ESG
In a world that has become increasingly interconnected, we rely on access to real-time, robust data to complete the simplest of tasks. From checking if a product is in stock at our local store, to checking the registration number of Read More …
Using open-source data to manage risk
The internet, data science, and digital technologies have both dark and bright sides. The internet was originally created to be a data commons where digital material could be accessed freely, shared, and integrated, but today it can be a magnet Read More …
Credit risk: best practices for predicting future risks
In today’s uncertain times, credit risk managers are under increasing pressure to provide robust, forward-looking insights on counterparties. Fitch Solutions explores the key pain points in the process and crucial steps to improving data quality As financial institutions grapple with Read More …
How to Automate Risk Management and Grow Faster
New fraud cases and scams are increasing faster than ever. Over 70% of finance professionals reported that their institution suffered from payment attacks in 2021. Consumers alone lost $5.8 billion to scams. As a result, financial institutions (FIs) have found themselves facing new anti-fraud Read More …