Search Results for: financial system

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study
Compliance management News

LexisNexis Risk Solutions Released True Cost of Financial Crime Compliance Study

Fintech News Desk
by Fintech News Desk0
 The intensifying challenge of keeping up with the complex sanctions environment is leading financial institutions to confront a growing screening workload, increasing the number of screening alerts at 79% of organizations. LexisNexis Risk Solutions released the findings of its latest True Cost of Financial Crime Compliance Study – Asia Pacific.......
New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider
Finance Fintech News

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
by Business Wire0
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......
63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.
Finance Fintech News

63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand.

PR Newswire
by PR Newswire0
The survey results highlight the immediate market opportunity for FIs to capitalise on existing customer demand for intelligent payment routing and embedded banking services enabled by ISO 20022 messaging standards. New Datos report finds businesses plan to adopt the new messaging standard driven by the ability to automate payables and......
Nordic Capital Makes Majority Investment in Activeviam, Provider of Advanced Analytics for Financial Institutions
Investment Services News

Nordic Capital Makes Majority Investment in Activeviam, Provider of Advanced Analytics for Financial Institutions

PR Newswire
by PR Newswire0
The investment is made in partnership with ActiveViam’s founders and management to support and accelerate continued high-growth and expansion   Nordic Capital, a leading investor in banking software, will leverage its long-standing expertise and experience from accelerating digitization of the financial services industry The aim is to realize ActiveViam’s potential......
Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan's Financial Service Agency
Fintech News

Nium Becomes First Global Fintech to Secure Coveted Type 1 Funds Transfer License from Japan’s Financial Service Agency

PR Newswire
by PR Newswire0
Global payments leader enables inbound transfers of up to 50 million JPY, offering a faster, cheaper, transparent alternative Nium, the leader in real-time cross-border payments, announced that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency......
Cognizant Expands Technology Operations Partnership with CNO Financial Group
Fintech News

Cognizant Expands Technology Operations Partnership with CNO Financial Group

PR Newswire
by PR Newswire0
Cognizant will implement cloud and digital technologies with aim to enhance customer experience and optimize business processes and operations Cognizant announced the continuation of a strategic partnership with CNO Financial Group, a leading provider of insurance, financial services and workforce benefits solutions to middle-income America. Cognizant will help further optimize and......
Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada
Compliance management News

Study Reveals Annual Cost of Financial Crime Compliance Totals $61 Billion in the United States and Canada

PR Newswire
by PR Newswire0
True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 99% of financial institutions 70% of financial institutions prioritize cutting compliance costs in next 12 months Cryptocurrencies and AI techniques are now being adopted by criminals as tools......
Nium Extends Global Payments Growth in the Middle East; Adds Key Financial Institutions and Foreign Exchange Houses to Client Roster
Banking Digital Payments News

Nium Extends Global Payments Growth in the Middle East; Adds Key Financial Institutions and Foreign Exchange Houses to Client Roster

PR Newswire
by PR Newswire0
Nium will work with the bank to offer free international money transfer services through the Enjaz app for smart devices. Soon, all Enjaz customers will be able to access competitive exchange rates and instant transfers via Nium’s global partner network. Nium, the leader in real-time global payments, continues its expansion......
Orion Innovation Partners with Africa and Gulf Bank to Provide Innovative Digital-First Financial Products and Services
Banking News

Orion Innovation Partners with Africa and Gulf Bank to Provide Innovative Digital-First Financial Products and Services

PR Newswire
by PR Newswire0
As part of the agreement, Orion will implement Temenos’ cloud-based core banking platform into AGB’s operations, modernising its product portfolio to bring personalised, digital-first banking solutions to customers. Orion Innovation (“Orion”), a leading digital transformation and product development services firm, is excited to announce it has signed a deal with Africa and......
Cybernetics Upgrades Cybersecurity Solutions through Blockchain Ecosystem
Blockchain News

Cybernetics Upgrades Cybersecurity Solutions through Blockchain Ecosystem

Fintech News Desk
by Fintech News Desk0
The latest enhancements to Cybernetics’ platform introduce a comprehensive suite of protective measures designed to tackle the intricacies of several digital marketing and trading platforms. By Global FinTech Series News Desk  Cybernetics is a cybersecurity digital company. In the latest development, it has announced the expansion of its innovative platform......
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