Time is hard to hold onto, often getting away from us when we’re not paying attention. You know the saying, “time waits for no one”? It’s true. But what if we told you there’s a way to make the most of every moment during your workday? Joey Feste, Senior Managing Partner of KM Capital Management, … [Read more…]
By Luigi Pace, Central Director of Marketing and Innovation at Compass, the Mediobanca Group’s consumer credit arm discusses the bank’s recent acquisitions in the BNPL space, the growth of the sector and the future of deferred payment options in Europe. In recent years, the Buy Now Pay Later (BNPL) phenomenon has progressively established itself in … [Read more…]
The holidays are once again upon us, bringing with it the joy — and stress — of finding the perfect gift for that special someone. Americans are on the hunt for bargains and looking to stretch their budgets amid high inflation by buying fewer gifts, spending more on gift cards and shopping sales on Black Friday and … [Read more…]
By Andrew Doyle, CEO, AML compliance software, NorthRow There’s no escaping the fact that incidents of fraud are growing, and at an alarming rate. In fact some of the statistics make for pretty grim reading. According to a report from the Association of Certified Fraud Examiners, up to five percent of corporate revenue is currently … [Read more…]
Hong Kong, Hong Kong, November 15th, 2023, Chainwire Sleek, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses. Officially launched in April 2023, the company aims to revolutionize human connection by making networking … [Read more…]
By Elizabeth Callan Does your institution’s sanctions compliance program rely solely on customer screening and transaction filtering? If so, based on guidance from the U.S. Office of Foreign Assets Control (OFAC), your program may be vulnerable to breaches. The convergence of sanctions compliance, AML investigations, and customer due diligence can minimize those risks, however. OFAC … [Read more…]
By Alex Tonello, Chief Revenue Officer, Trustfull What do Mary Shelley and financial fraudsters have in common? They’ve both created fake characters that were made of component parts of other people. Or, to state its proper name in the case of fraudsters: synthetic identities. This type of financial fraud is no work of fiction – unlike … [Read more…]
By Ron Carter, Executive Vice President of EMV® at Cryptomathic Ron Carter The rise of contactless mobile payments is well documented, and experts expect this trend to continue its current trajectory. According to Juniper, the total number of unique contactless mobile payment users will reach one billion for the first time in 2024. Each mobile … [Read more…]
New York, United States, November 13th, 2023, FinanceWire The enterprise-grade integration manager for simplified connection with financial messaging networks IntellectEU, an innovator in digital finance and emerging technologies, is excited to announce the launch of Catalyst Integration Manager (CAT-IM) for (Payment) Rails and blockchain networks, adding to the Catalyst Suite. CAT-IM is an integration manager … [Read more…]
By Monica Eaton, CEO of Chargebacks911 Artificial Intelligence (AI) As perhaps the hottest topic in technology right now, this one is a no-brainer. AI tools like chatbots swiftly address queries, while biometric solutions bolster security and refine AML and KYC processes. From streamlining document analysis with computer vision to leveraging machine learning for improved lending … [Read more…]