Found 65 results in 1 second.
Sarah Beth Felix, CEO at Palmera Consulting: Fintechs must prioritise AML/sanctions compliance, while banks need to assess exploitation risks in their fintech partners' offerings for effective risk management in BaaS partnerships.
AML, regulation, compliance, fintech, financial institutions, banks, risk management
As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.
KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy
Adam McLaughlin from Nice Actimize emphasises the crucial distinction financial institutions need to make between efficiency and effectiveness in adopting technology, as compliance goes beyond mere checkbox activities.
compliance, financial crime, financial institutions, transaction monitoring, Sanctions Screening, fintech, data, artificial intelligence, machine learning, risk management
Viky Manaila, Trust Services Director at Intesi Group, dives into eIDAS 2.0's impact on financial transactions and TPPs.
TPP, EIDAS, PSD2, Open Banking, report
Marija Solovjova, Head of Fraud AML Disputes Oversight at Ecommpay, explores how graph analysis weaponises the criminals’ network against them to prevent and pre-empt online fraud.
fraud management, online fraud, fraud detection, chargebacks, merchants, ecommerce, artificial intelligence, machine learning, Account fraud, credit card fraud, ATM, account takeover, refund, refund fraud, identity fraud
UK-based charity Comic Relief has announced its partnership with GoCardless in order to easily and securely collect recurring donations all year around.
partnership, financial services, financial institutions, donation, charity, payment, online payments, mobile payments, digital payments
STX Corporation has partnered with digital currency payment institution Triple-A to introduce digital currency payments on the TROLLYGO platform.
cryptocurrency, digital assets, partnership, B2B payments
Oana Ifrim, The Paypers: The synergy between Embedded Finance and Banking-as-a-Service (BaaS) redefines the fintech landscape, offering convenience and accessibility beyond traditional banking institutions.
fintech, embedded finance, embedded payments, BaaS, financial data, financial services, ecommerce, payments , TPP, banks
Singapore Red Cross has partnered with Triple-A to accept donations in various cryptocurrencies such as Bitcoin and Ethereum.
cryptocurrency, partnership, donation, digital payments
Discussing AI explainability, Dr Janet Bastiman from Napier emphasizes the importance of understanding model breakdowns, building trust, and providing plain language explanations.
artificial intelligence, machine learning, API, data analytics
Matias Fainbrum, VP of Worldline Consulting Services, elaborates on the importance of consulting services and highlights three disciplines where payments consultants can make a difference.
Worldline
Brace yourself for the global economic challenge ahead in 2023. Discover expert insights from Victoria Sztanek at FINTRAIL on how economic downturns impact the financial crime landscape.
financial crime, fraud prevention, financial institutions, risk management, money transfer
Real-time payments software provider ACI Worldwide has made its solutions available on Red Hat OpenShift, an enterprise Kubernetes platform.
cloud, real-time payments, partnership, digital payments, digitalisation
Fraud can happen at any stage during the life of a transaction. Monica Eaton, Founder of Chargebacks911 and Fi911 discusses the prevalence of fraud in the ‘post-transaction’ stage via chargebacks and shares the best practices merchants can deploy to stay ahead of fraudsters.
fraud prevention, ecommerce, chargebacks, artificial intelligence, machine learning, PCI compliance
To fight financial crime, continuously explore new technologies, remain vigilant of old forms of fraud, collaborate with other teams, and raise awareness throughout the organisation.
machine learning, financial crime, regtech, transaction monitoring, money laundering, fraud management, banks
Metro Bank has announced it is entering the vehicle financing market in the UK with the launch of a digital car loan product.
banks, product launch, digitalisation, partnership, digital identity
American psychologist Barry Schwartz states that eliminating consumers’ choices can considerably reduce anxiety for them. Ognjen Vlačina of INGKA Group explains how this principle applies to payments.
payment methods, merchants, IKEA, marketplace, retail
Lloyds Banking Group and Legal & General have decided to take minority stakes in UK-based Open Banking platform Moneyhub, according to BusinessLive.
Open Banking, Open Data Economy, Open Finance, investment
Katharine Evans, Economist at CMSPI, elaborates on what happens after the consumer clicks ‘pay’ and shares tips on how to optimise your post-checkout process.
payment methods, checkout optimisation , merchants, BNPL, CMSPI
Aaron Goldsmid, VP of Account Security at Twilio, shares his input on how can carrier data transform fraud prevention and ultimately deliver an enhanced customer experience.
fraud management, fraud detection, online fraud, payment fraud, customer experience, biometrics, biometric authentication, KYC, online security