Search Results for: financial crime activities

Danske Bank Reaches Coordinated Resolutions With the US and Danish Authorities Regarding the Estonia Matter
Banking News

Danske Bank Reaches Coordinated Resolutions With the US and Danish Authorities Regarding the Estonia Matter

Fintech News Desk
by Fintech News Desk0
Danske Bank has reached final coordinated resolutions with the US Department of Justice (DoJ), the US Securities and Exchange Commission (SEC) and the Danish Special Crime Unit (SCU) following the investigations into failings and misconduct related to the non-resident portfolio at Danske Bank’s former Estonia branch Danske Bank has reached......
SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud
Finance News

SWIFT and MonetaGo Deliver Major Milestone in Fight Against Trade Finance Fraud

Fintech News Desk
by Fintech News Desk0
SWIFT and MonetaGo have achieved an important milestone in the global fight against fraud and duplicate financing, with the live launch of the Trade Financing Validation Service provided by MonetaGo over the global SWIFT network. “Trade finance is rightly understood to be a low-risk asset class that finances the real......
Highline Joins the American Transaction Processors Coalition
Digital Payments Fintech News

Highline Joins the American Transaction Processors Coalition

Fintech News Desk
by Fintech News Desk0
Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced it has officially joined the American Transaction Processors Coalition (ATPC). Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority Stake in EPC Power Corp. “We are excited to have Highline join the ATPC team. They......
Banking Digital News

Ascenda Transforms Customer Engagement For CTBC Bank

Fintech News Desk
by Fintech News Desk0
Ascenda, the technology company that makes banking rewarding, announced a strategic partnership with CTBC Bank, one of the largest private sector banks in Taiwan, to transform their market-leading rewards program. The cloud-native solution powered by Ascenda will unlock differentiation, increase credit card spend, and greater stickiness across CTBC Bank’s significant affluent customer......
B2B News

Venom Foundation First Crypto Foundation Licensed in UAE’s ADGM to Build an Infinitely Scalable Blockchain

Fintech News Desk
by Fintech News Desk0
This has been registered as the first crypto foundation in the Abu Dhabi Global Market (ADGM), with a license to operate a blockchain and issue utility tokens. ADGM is the award-winning international financial center strategically located in the capital of the United Arab Emirates and is globally recognized as a hub for fintech......
Business News

MonetaGo Names Neil Shonhard As Next Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Financial technology solutions provider MonetaGo announced that its co-founder and CEO Jesse Chenard will transition to the role of Executive Chairman, and that Neil Shonhard, currently President, will become Chief Executive Officer, effective immediately. “I am humbled to be taking the reins as CEO at such a pivotal time, and I look......
B2B News

Bridge Money Raises $5.8 Million in Seed Funding Led By TMV

Fintech News Desk
by Fintech News Desk0
Bridge Money, Inc. (“Bridge”), a first-of-its-kind fintech company empowering lower income Americans to earn supplemental income, today announced that it has raised $5.8 million in seed funding led by TMV. Founder Collective, Kapor Capital, Acumen America, Bread & Butter Ventures, Revolution’s Rise of the Rest Seed Fund, Plug and Play Ventures,......
How Open Banking is Fighting Tenancy Fraud AND Stopping Fraudsters
Analytics Banking Guest Posts

How Open Banking is Fighting Tenancy Fraud AND Stopping Fraudsters

Blake Richmond
by Blake Richmond0
Fraudulent practices in financial activities trace their origin to our ancient civilizations. The earliest example recorded is from Ancient Greece, where a ship captain defrauded people out of insurance money. Needless to say, it’s not a new issue. But with the world becoming increasingly digital, the scale and complexity of......
Why Strategic Sourcing Has Become Crucial for the Fintech Industry E-Commerce and Digital Payments: What to Expect in 2022
Commerce Guest Posts

Why Strategic Sourcing Has Become Crucial for the Fintech Industry

Prasanna Rajendran
by Prasanna Rajendran0
The pandemic of COVID-19 led to a significant reshaping of how businesses operated. With lockdowns implemented globally, it became increasingly challenging to manage businesses traditionally; a more robust approach had to be adopted. Failure to adapt to this led to numerous companies coming to an end. Hence it became imperative......
ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform
Banking News

ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform

Fintech News Desk
by Fintech News Desk0
Technology leverages behavioral biometrics for faster, more secure transactions Alkami Technology, Inc, a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced its client, ABNB Federal Credit Union, has launched the BioCatch solution via the Alkami Platform to protect members from fraud attacks and cybercrime......
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