УДОСКОНАЛЕННЯ МЕТОДИЧНИХ ОСНОВ ОЦІНКИ РИЗИКІВ НАДАВАЧІВ ПЛАТІЖНИХ ПОСЛУГ У ЦИФРОВІЙ ЕКОНОМІЦІ

Abstract

The formation of the digital economy is accompanied by the development of FinTech, which covers the market of payment services. With the rapid development of e-commerce, the demand for payment transaction processing over the Internet is growing. The new types of risks faced by payment service providers need to be properly assessed. Given this, an important practical issue is to assess the risks that arise for the payment service provider in the digital economy. This leads to the development of appropriate methodological frameworks, which should be constantly improved due to practical reasons. Therefore, the purpose of this article was to develop proposals for improving the methodological framework of risk assessment by payment service providers in the digital economy. The mechanism of providing payment services for various types of e-commerce with the definition of the specifics of payment transactions and their participants is described. The role of the payment service provider is explained. The understanding of the payment processor and its main types are also clarified. Overall, the order of the payment transaction is described, as well as the main types of risks borne by the payment service provider or payment processor (operational, human, cybersecurity risks, reputational, compliance, credit, fraud and chargeback risks). Risk assessment is defined as the process of identifying, analyzing and evaluating risks. Risk assessment is generally understood as a calculated value that reflects the severity of the risk due to certain objective or subjective factors. In terms of improving the methodological framework for risk assessment by payment service providers in the digital economy, the understanding of active risk, potential threat, probability, impact, security measures or control measures, inherent or potential and residual risk has been clarified.