Search Results for: annual transaction

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report
Finance Fintech News

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report

Business Wire
by Business Wire0
266.2 billion real-time payments transactions were recorded globally in 2023, a YoY growth of 42.2% 49% of all real-time transactions worldwide were made in India, followed by Brazil (14%), Thailand (8%), China (7%) and South Korea (3%) Report highlights lessons learned from five of the world’s most successful real-time payments......
JPMorgan-Chase-2024-Annual-Meeting-of-Shareholders
Banking Fintech News

JPMorgan Chase 2024 Annual Meeting of Shareholders

Business Wire
by Business Wire0
The meeting will be held virtually. As previously announced, the JPMorgan Chase & Co. annual meeting of shareholders will be held on Tuesday, May 21, 2024 at 10:00 a.m. (Eastern). The meeting will be held virtually. Attending the annual meeting To participate in the virtual meeting, visit http://www.virtualshareholdermeeting.com/JPM2024 and enter the 16-digit......
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
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......
Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions
E-commerce News

Merchants Prioritize Customer Experience Over Effective Fraud Prevention Despite Significant Concern for AI-Enabled Fraud Attacks in Digital Transactions

PR Newswire
by PR Newswire0
New Research from Liminal Forecasts Transaction Fraud Prevention in E-Commerce Market to Grow 11.8% CAGR over the next 4 years, Signaling a Paradigm Shift The rapid growth in e-commerce transactions has brought a concerning uptick of 80% in fraud attempts, driven by advanced AI technologies and first-party fraud attacks, resulting in......
Overbond to Integrate European Fixed-Income Transaction Data from Deutsche Börse into Its AI-Aggregated Data Feeds and Automated Bond Trading
Capital Markets News Trading

Overbond to Integrate European Fixed-Income Transaction Data from Deutsche Börse into Its AI-Aggregated Data Feeds and Automated Bond Trading

PR Newswire
by PR Newswire0
Overbond, the leading API-based credit trading automation and execution service in the global capital markets, and Deutsche Börse Market Data + Services (MD+S), have entered into an agreement relating to the recently launched Clearstream Bond Liquidity Data offering. The agreement will provide Overbond customers with market insights on instrument liquidity......
Sumsub Releases Transaction Monitoring Guide To Advise Businesses On Fighting Fraud And Staying Compliant
Banking News

Sumsub Releases Transaction Monitoring Guide To Advise Businesses On Fighting Fraud And Staying Compliant

Business Wire
by Business Wire0
Experts from Sumsub and Pismo offer practical insights on setting rules for transaction monitoring and handling its typical challenges Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring to provide a detailed picture of......
How Does Visa Generate Money From International Transactions?
Banking Digital Payments Featured Fintech Primers Payment gateways

How Does Visa Generate Money From International Transactions?

Pooja Choudhary
by Pooja Choudhary0
One of the leaders in digital payments globally is Visa. The goal of Visa is to unite people, businesses, and economies by creating the most cutting-edge, dependable, and secure payment network. How does a credit card function? How a credit card functions when we travel overseas is depicted in the......
Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion
Digital Payments News

Juniper Research: CBDC Transactions to Exceed $213 Billion by 2030 Globally, as New Payment Models Accelerate Financial Inclusion

Business Wire
by Business Wire0
The new study from Juniper Research, foremost experts analysing the fintech & payments market, found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the......
Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software
News Risk Management

Sandbar Raises $4.8 Million to Combat Financial Crime with Institutional-Grade Transaction Monitoring Software

Fintech News Desk
by Fintech News Desk0
Backed by leaders at Ramp, Stripe, Plaid, Square, OpenAI, and more, the company’s SaaS product identifies suspicious financial behaviors and automates workflows, while mitigating alert fatigue and significantly reducing engineering expenses Sandbar, a provider of anti-money laundering, fraud and counter-terrorism risk detection software, announced the availability of its product and......
1