Industry

Debt collection is a crucial yet challenging aspect of the lending industry. Having effective recovery processes in place not only safeguards your bottomline but also contributes to a healthier financial ecosystem. This article explores how making informed decisions can lead to more efficient and compliant debt collection strategies.

The Kingdom of Saudi Arabia recently made headlines with their new regulations for delivery drivers. The Transport General Authority (TGA) of Saudi Arabia announced these new regulations to prioritize both rider safety and business efficiency, aiming to create a robust and secure delivery ecosystem for all stakeholders.

In an era defined by data, where the digital realm knows no bounds, safeguarding personal information is of paramount importance. The Digital Personal Data Protection Act has arrived, ushering in a new era of data ethics and responsibility. In this blog post, we dive deep into this transformative legislation, shedding light on key provisions, exemptions, and FAQs that every business leader, from Chief Revenue Officers (CRO) to Chief Information Security Officers (CISO), needs to understand.

Alternative data is revolutionizing credit risk scoring by addressing the limitations of traditional models. It includes online behavior and social media activity, providing a comprehensive digital footprint. This enables accurate credit assessment, especially for individuals with limited credit history. By leveraging alternative data, the financial inclusion challenge can be tackled, and risk scoring practices can be significantly improved.

Financial services providers in the Kingdom of Saudi Arabia have until June 2023 to comply with the mandatory SAMA regulations – the Counter-Fraud Framework – introduced by the Saudi Central Bank in October 2022. Non-compliance can attract strict disciplinary action – including fines and restrictions – depending on how significant the gaps are

In the gaming industry, account takeover fraud is estimated to cost companies over $1 billion annually. To prevent account takeover fraud, gaming companies need to implement a multi-layered security approach