Risk Analysis | World Fintech News

Online payment with a debit card on a smartphone illustrates the FLDG RBI fintech guidelines.

Risk Analysis

RBI’s FLDG Guidelines – Empowering Fintechs via DLG

World Fintech News June 20, 2023 0

As per the first loan default guarantee (FLDG), fintech news, the Reserve Bank of India has imposed a 5% limit on it that fintechs provide to lending partners. The central bank stated that RE (regulated entities) must ensure their overall default guarantee is not greater than 5% of the

A close-up shot of a businessman holding a magnifying glass over an invoice illustrates the joint efforts of Sunlight and Finovox to fight against insurance fraud.

Risk Analysis

Sunlight and Finovox Unite to Combat Insurance Fraud

World Fintech News May 25, 2023 0

Sunlight Solutions provides managing general agencies (MGAs) and (P&C) property and casualty insurance companies worldwide with a digital insurance solution. Sunlight has partnered with Finovox, a French software publisher, to assist insurance companies in preventing fintech fraud. Finovox, a startup founded in 2019, has created a simple and safe software solution to

A double exposure image of a hacker trying to damage confidential information and steal stock market shares illustrates the concept of fraud and financial crime.

Risk Analysis Frauds

ITFA Forms Global Fraud Prevention Group for Trade Finance

World Fintech News March 25, 2023 0

In recent times, Triterras joined the ITFA. Being powered by blockchain technology, it became a trade finance service provider. Membership in ITFA allows everyone to connect with peers worldwide, share insights on managing the risks associated with maintaining and establishing trade, and study new approaches to risk analysis. Most financial institutions are introduced

Image of an anonymous hacker committing a blockchain fraud crime.

Risk Analysis Frauds

RBI’s Sandbox: Where Fintech Meets Fraud-Proofing

World Fintech News March 20, 2023 0

The RBI’s 4th cohort of the sandbox scheme, which aims to prevent and mitigate financial fraud, has selected six entities, including HSBC and Creditwatch, to participate in the test phase of the programme. The programme’s overall goal is to reduce the incidence of financial fraud. The Central Bank of India requested applications on January 5 […]

Businessmen in discussion illustrate Silvergate's Collapse.

Risk Analysis Investigations

Silvergate’s Collapse: A Lesson in Overlooking Warning Signs

World Fintech News March 19, 2023 0

At least ten risk analysis studies and financial analysts follow the stock of Silvergate Corp. (SI), which is traded on the public market. Silvergate and other regional banks are analyzed by analysts for any fraud or risky parameters, who then provide a stock or bond rating for the company. After becoming aware of the FTX […]

The image illustrates the concept of AI and technology in a global business network to describe Monnai's AI-driven funding.

Frauds Risk Analysis

Monnai’s AI-powered Insights Platform Gets $6.5m

World Fintech News March 18, 2023 0

Fintechs can now benefit from Monnai’s consumer insights platform thanks to the company’s $6.5 million Series A funding round. Tiger Global has led an investment round where current investors like Better Future Ventures, Emphasis Ventures, and 500 Global have also participated (EMVC). The funds will improve the company’s decision-making capacity using

The future of finance and artificial intelligence is illustrated by a businessman analyzing strategic investment reports.

Risk Analysis Frauds

From Big Data to Big Profits: The Future of Finance & AI

World Fintech News March 17, 2023 0

Major trends are expected to influence the financial services sector in the next five to ten years. One of the most noteworthy developments is the rising popularity of cloud-based software. Financial institutions increasingly turn to cloud-based solutions for their data storage, processing, and analysis needs due to their greater scalability and lower costs. Financial data

Judge gavel with Bitcoin illustrates the Bitcoin Crypto Regulation And Law.

Risk Analysis Fintech Stock

Class-Action Lawsuit Looms Over U.S. Crypto Exchanges

World Fintech News March 16, 2023 0

The latest legal controversy surrounding cryptocurrency may come in the form of a large class action lawsuit from ordinary investors against major U.S. cryptocurrency exchanges. According to a news release assessed by FOX Business, securities attorney Tom Grady, widely recognized as one of the nation’s leading investor fraud attorneys, is getting prepared for future

A businessman holding a digital shield illustrates the concept of combating financial fraud with AI in Fintech.

Risk Analysis Frauds

Fintech Companies Leveraging AI for Fraud Detection

World Fintech News March 14, 2023 0

Fintech’s meteoric development has marked the beginning of an age of financial services but has also raised the specter of fraud. Fintech organizations must have a reliable system for identifying fraud that processes data in real-time since fraudsters are constantly developing new methods to abuse the system. AI and ML can help enhance fraud detection […]

A double exposure image of a hacker sitting using a computer on blurry office background and business chart illustrates the biggest frauds in recent years.

Risk Analysis Fintech Stock

From Wirecard to GainBitcoin: The Biggest Fintech Frauds

World Fintech News March 9, 2023 0

This year has been difficult for the fintech and cryptocurrency industries. Former FTX CEO Sam Bankman-Fried faces multiple allegations, including wire fraud, money laundering, and securities fraud. Amit Bhardwaj, the founder of GainBitcoin, and Markus Braun, the former chief of Wirecard, have been accused of fintech fraud. The college planning company Frank’s