Operational, fraud and infrastructure risks associated with the payments and financial services business
First written in FY2019-Q2. 4 of 5 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「In addition, various further risks may arise in connection with smartphone payment services and other payments and financial services businesses, including the following.」
Payment and financial services risks involving fraudulent transactions, costs charged by external service providers, infrastructure investment, illegal activities and disclosure obligations continue to be identified. - FY2021RestatedAnnual report
「In addition, various further risks may arise in connection with smartphone payment services and other payments and financial services businesses, including the following.」
Additional risks involving fraudulent transactions, failed transactions, customer support, outsourced service provider management, infrastructure investment, customer funds, personal information and disclosure obligations continue to be identified. - FY2019RestatedAnnual report
「In addition, various further risks may arise in connection with mobile payment services and other payments and financial services businesses, including the following.」
Additional risks involving failed payments, fraud, customer support, outsourced service provider management, infrastructure investment, customer funds, personal information and disclosure obligations continue to be identified. - FY2019-Q3RestatedAnnual report
「In addition, various further risks may arise in connection with mobile payment services and other payments and financial services businesses, including the following.」
Additional risks involving fraudulent transactions, failed transactions, customer support, outsourced service provider management, infrastructure investment, customer funds, personal information and disclosure obligations continue to be identified. - FY2019-Q2First statedAnnual report
「In addition, various further risks may arise in connection with mobile payment services and other payments and financial services businesses, including: a. increased operating expenses and administrative costs related to handling fraudulent or failed transactions, customer support and management of outsourced service providers; b. an impact on relationships with existing payment processing service providers; c. increased capital costs associated with infrastructure development; d. potential fraud or illegal activities by users, platform partners, employees or third parties; e. concerns regarding leaks of customers' personal information, the use of collected information and security; f. restrictions on the amount of customer funds deposited for payment processing; and g. additional disclosure and reporting obligations.」
As the payments and financial services businesses expanded, additional risks beyond regulation were identified together for the first time, including operations, customer support, outsourced service provider management, fraud, relationships with existing operators, infrastructure investment, customer funds and disclosure obligations.