Search Results for: money laundering

Banking Digital Payments Featured Finance Fintech Security

Enabling Cross-Border Embedded Finance Solutions with Multi-Currency and Multi-Language Support

Prajakta Ayade
by Prajakta Ayade0
Embedded finance has rapidly transformed financial services, integrating them directly into non-financial platforms like e-commerce sites, mobile apps, and digital marketplaces. Cross-border embedded finance solutions are the next frontier, allowing businesses to offer financial services that transcend borders seamlessly. As companies expand globally, the need for multi-currency and multi-language support......
Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential
Compliance management News Risk Management

Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential

Business Wire
by Business Wire0
Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the findings of its third annual State of Fraud and AML report at Money2020. “The burden on fraud and AML teams across FIs and fintechs is well known, but what......
Tookitaki's Anti-financial Crime (AFC) Ecosystem helps Banks and Fintech Fight Financial Crime
Finance Fintech News Risk Management

Tookitaki’s Anti-financial Crime (AFC) Ecosystem helps Banks and Fintech Fight Financial Crime

PR Newswire
by PR Newswire0
An estimated $2 trillion is laundered globally each year, and new financial crime scenarios are emerging every day. Banks and fintechs, with their current approach of operating in silos, are struggling to keep up. Tookitaki, a global leader in anti-financial crime technology, is reshaping the fight against financial crime globally by building......
Banking Blockchain Digital Asset Management Digital Payments Featured Finance Fintech Security

Integrating Blockchain Technology Effectively into Digital Banking Systems

Fintech Staff Writer
by Fintech Staff Writer0
The global banking sector has seen a significant transformation in recent years, driven by advancements in financial technology aimed at enhancing efficiency and reducing operational costs. Among these innovations, blockchain technology stands out as a powerful tool with the potential to revolutionize various banking processes. From transaction processing and settlement......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Security

RegTech for Financial Institutions: How You Can Better Streamline Regulatory Compliances

Rishika Patel
by Rishika Patel0
The Fintech industry is revolutionizing financial services with innovative RegTech solutions, from mobile payments to blockchain technologies. However, with this rapid transformation comes the challenge of navigating an increasingly complex regulatory landscape. Financial institutions must comply with stringent rules, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations,......
Featured Finance Fintech Risk Management Security

The Impact of Real-Time Data Integration on Financial and Insurance Industry Analytics

Fintech Staff Writer
by Fintech Staff Writer0
Data has become a crucial asset for driving decision-making, risk management, and customer experience. One of the most transformative advancements in recent years is the adoption of real-time data integration. This technology enables businesses to consolidate and analyze data from multiple sources instantaneously, allowing for more responsive and accurate insights.......
Cotribute Expands Participation in Jack Henry Vendor Integration Program to Help Drive Deposit and Customer Growth for Banks
Banking Finance Fintech News

Cotribute Expands Participation in Jack Henry Vendor Integration Program to Help Drive Deposit and Customer Growth for Banks

Business Wire
by Business Wire0
Cotribute, an award-winning, next-generation digital account opening and onboarding platform helping financial institutions grow deposits, loans and memberships, today announced at the 2024 Jack Henry Connect that it has successfully implemented at both banks and credit unions and has been certified to integrate with SilverLake® and Synergy® as a member......
Oracle AI Service Improves the Speed and Accuracy of Financial Crime Investigations
Finance Fintech News

Oracle AI Service Improves the Speed and Accuracy of Financial Crime Investigations

PR Newswire
by PR Newswire0
Oracle Financial Services Investigation Hub cuts investigator time previously wasted on collecting data while delivering auto-generated narratives and intelligence needed to resolve cases up to 70% faster Oracle Financial Services Summit, New York – Enabling banks to investigate and resolve financial crime cases faster, Oracle introduced the Oracle Financial Services Crime and Compliance......
Crystal Partners with BitOasis to Enhance Compliance and Monitoring Capabilities of Leading Virtual Assets Trading Platform in MENA
Blockchain Cryptocurrency Finance Fintech News Security Trading

Crystal Partners with BitOasis to Enhance Compliance and Monitoring Capabilities of Leading Virtual Assets Trading Platform in MENA

Somesh Utkar
by Somesh Utkar0
Crystal Intelligence, a global leader in blockchain analytics, compliance, and risk monitoring, is thrilled to announce its strategic partnership with BitOasis, the largest regional virtual assets broker-dealer platform in the Middle East and North Africa. Crystal’s cutting-edge anti-money laundering (AML) and transaction monitoring solutions, and hyper-local approach to blockchain analytics will......
Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
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