Search Results for: financial fraud

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Bribery and Corruption Concerns Drive 650 Percent Increase for Regtech AI Know Your Customer Checks within Banking
Fintech News

Bribery and Corruption Concerns Drive 650 Percent Increase for Regtech AI Know Your Customer Checks within Banking

Fintech News Desk
by Fintech News Desk0
A new study from Juniper Research, the foremost experts in fintech, has found that the total number of KYC checks for banking, conducted using AI, will reach almost 175 million globally by 2028; up from just over 23 million in 2023. The demand for regtech solutions is increasing across not only......
SIGNiX Introduces Compliance Lock: Elevating Digital Signature Verification and Regulatory Assurance
Compliance management News

SIGNiX Introduces Compliance Lock: Elevating Digital Signature Verification and Regulatory Assurance

Business Wire
by Business Wire0
Shaping the Future of Digital Compliance Monitoring for Financial Firms SIGNiX, a leading provider of secure and compliant digital signature solutions, launched Compliance Lock, a cutting-edge tool to assist broker-dealers and RIAs in preventing fraud by monitoring and ensuring the authenticity of digital signatures, and bolstering compliance measures. In today’s......
AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals
Artificial Intelligence News Risk Management

AI Is the Most Effective Method for Tackling Money Laundering Threats, According to AML Professionals

Business Wire
by Business Wire0
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter......
Velo Payments to Acquire YapStone, and Revolutionize the Payments Landscape
Digital Payments News

Velo Payments to Acquire YapStone, and Revolutionize the Payments Landscape

PR Newswire
by PR Newswire0
Velo Payments, Inc. is acquiring YapStone Inc., a leading payment processing platform in the short-term and vacation rental industry, known for its premier payment solution, VacationRentPayment. The definitive merger agreement signifies a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s leading complex disbursements......
Consumers Want an All-in-One Platform to Manage Their Finances While Businesses Invest in Future Forward Tech, According to FIS Study
Finance News

Consumers Want an All-in-One Platform to Manage Their Finances While Businesses Invest in Future Forward Tech

GlobeNewswire
by GlobeNewswire0
FIS Financial Services Expectations vs Reality research asked US and UK consumers about their personal financial decisions and business executives’ investment and innovation plans. 47% of consumers said access to a single platform to manage all their financial services activity from all their providers was their top priority. 91% of financial services......
WPAY: Revolutionizing P2P Payments Through Cryptographic Proof
Digital Payments News

WPAY: Revolutionizing P2P Payments Through Cryptographic Proof

GlobeNewswire
by GlobeNewswire0
The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and remittances. All of these inventions have made the world economy more efficient. In recent years, this trend hasn’t stopped.......
Early Warning Appoints Cameron Fowler as Chief Executive Officer
Finance Fintech News

Early Warning Appoints Cameron Fowler as Chief Executive Officer

PR Newswire
by PR Newswire0
Early Warning Services, LLC, a financial services and technology leader, has announced the appointment of Cameron Fowler as Chief Executive Officer. Beginning on October 2, Fowler will assume day-to-day leadership of the company. Most recently, Fowler served as Chief Strategy and Operations Officer for BMO Financial Group, the eighth-largest bank in North America by assets.......
Visa and Conferma Pay Partner to Accelerate Expansion of Visa Commercial Pay Globally
Digital Payments News

Visa and Conferma Pay Partner to Accelerate Expansion of Visa Commercial Pay Globally

Business Wire
by Business Wire0
Extended collaboration enables both organizations to further expand the offering in Asia, Latin America and the Middle East Visa, a global leader in digital payments, and Conferma Pay, the world’s foremost providers of virtual payments technology, announced an extension of their strategic collaboration aimed at further enhancing Visa Commercial Pay,......
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