Example: tourism industry
Search results with tag "Party payment processors"
Managing Risks in Third-Party Payment Processor …
www.fdic.govThis article explains the role of third-party payment processors and the risks they can present to financial institu-tions, identifies warning signs that may indicate heightened risk in a payment processor relationship, and discusses the risk mitigation controls that should be in place to manage this risk. The article concludes with an overview
How to perform a financial institution risk assessment
verafin.com• Services provided to third-party payment processors or senders • Private banking • Foreign exchange • Special use or concentration accounts • Lending activities, particularly loans secured by cash collateral and marketable securities • Non-deposit account services – non-deposit investment products and insurance