risk management

G20 Nations Consider Collaboration to Regulate Crypto
G20 Nations Consider Collaboration to Regulate Crypto
February 12, 2023  |  Cryptocurrency

The world’s 20 biggest economies are considering whether they could jointly regulate cryptocurrencies. India’s Finance Minister Nirmala Sitharaman, whose country is this year’s head of...

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85% of CFOs Are Prioritizing Fraud Controls for Incoming Payments
85% of CFOs Are Prioritizing Fraud Controls for Incoming Payments
January 20, 2023  |  Cybersecurity

New PYMNTS data shows that businesses’ accounts receivable operations have been underfunded for fraud prevention. Compared to their accounts payable counterparts, the investment deficit has...

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FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
January 09, 2023  |  Cryptocurrency

The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. This, as court documents confirm that the world’s one-time...

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Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
December 21, 2022  |  Risk Management

Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be...

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Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
December 15, 2022  |  BNPL

Challenges in the buy now pay later (BNPL) sector vary from market to market. In countries where credit is traditionally accessed via credit cards, the...

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Global Growth Creates Compliance Challenge for Digital Brands
Global Growth Creates Compliance Challenge for Digital Brands
December 15, 2022  |  Cross-border Payments

The digital economy’s capacity to operate in real time across international borders can add layers of complexity to businesses’ commercial opportunities. Digital businesses can launch...

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OCC Says Banks Should Remain Wary of Crypto Activities 
OCC Says Banks Should Remain Wary of Crypto Activities 
December 09, 2022  |  Cryptocurrency

Crypto assets are an emerging risk facing banks, a regulatory agency says.  The Office of the Comptroller of the Currency (OCC) highlighted crypto-assets as a “special topic”...

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How Clearing Banks Help Innovators Scale Globally Without Risk
How Clearing Banks Help Innovators Scale Globally Without Risk
December 06, 2022  |  Banking

Risk management strategy can be challenging for businesses, but it can be overwhelming when they add cross-border transactions to their list of responsibilities. Developing the...

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Tether Stablecoins Face Renewed Scrutiny Post-FTX
Tether Stablecoins Face Renewed Scrutiny Post-FTX
December 01, 2022  |  Cryptocurrency

Tether, an asset-backed cryptocurrency stablecoin, has been lending its coins to customers. That’s according to a new report by the Wall Street Journal (WSJ) today (Dec. 1)....

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