Industry roundup: 2 February
by Kylene Casanova
IRS transition to RPA tech, UAE fintechs invited to VEI, EBA launches EuReCa, India taxes crypto, Oracle expands OCI features
Fraud Prevention
Background
Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
Read more
Industry roundup: January 31
by Kylene Casanova
U.S. Treasury alternatives to IDme, FedNow pricing approach established, Central Pacific Bank launches banking-as-a-service, digital banking in Brazil
Recovery: New survey shows corporate outlooks back to pre-pandemic levels
by Kylene Casanova
Strategic Treasurer and TD Bank released Treasury Perspectives results, findings indicate that things are beginning to look up in the corporate world.
Industry roundup: 24 January
by Kylene Casanova
Swiss neobank Entris partners with Bottomline, BSP guide on ePayments, Mastercard virtual card for B2B payments, UK enhanced cybersecurity
Industry roundup: 21 January
by Kylene Casanova
Federal Reserve studies digital dollars, digital wallet in Malaysia, fraud will force authentication evaluation, digital technology in Nordic region,
Industry roundup: 19 January
by Kylene Casanova
Advanced Fraud Solutions preferred partner for account validation, Pan-African Payment and Settlement System, Visa's cloud-based payment solution
Banks and financial institutions in India struggle with increased fraud cases according to Deloitte study
by Kylene Casanova
Deloitte's recent research study shows that retail banking has been identified as one of the leading causes of fraud cases
Industry roundup: 7 January
by Kylene Casanova
Global e-commerce fraud prevention tools, VeriCheck acquires ACHWorks, fintech automation adds open banking data to platform, BNPL to impacts credit..
Industry roundup: 6 January
by Graham Buck
Increased cyber risk expected; Standard Chartered HK responds to Omicron; DailyPay launches real-time digital wallet; Tradeling partners with MODIFI
Industry roundup: 28 December
by Graham Buck
Nepal co-operatives get financial lifeline; New milestone for digital renminbi; Use fewer new banknotes, urges MAS; Japan's anti- payment fraud league
Industry roundup: 27 December
by Pushpendra Mehta , Executive Writer, CTMfile
Cybercriminals likely to attack more businesses in 2022
Industry roundup: 20 December
by Kylene Casanova
Fintech-forward-focused banking, Botnet in Australia, first cross-border IBAN-Name Check introduced for payments, " Brand PaySlowSlow in Singapore
Cross-border payment fraud a growing headache
by Graham Buck
Six in 10 businesses in the US and the UK report that it is a continual risk, reports PYMNTS.com and Worldpay B2B Payments in their latest bulletin
U.S. Treasury Department and FinCEN fight against global corruption: New rule effective February 7, 2022
by Kylene Casanova
Effective in early 2022, shell companies will be required to report beneficial ownership information (BOI) details on who controls the company.
Industry roundup: 7 December
by Graham Buck
More cyber risk insurance captives expected in 2022; Standard Chartered Tanzania opens digital branch; Standard Bank sweet on AfCFTA’s potential
Industry roundup: 3 December
by Kylene Casanova
Deutsche Bank and Merck India partner on a state-of-the-art treasury system, settlement Discipline Regime (SDR) to take effect
Industry roundup: 25 November
by Graham Buck
Deutsche Bank adds SWIFT Beneficiary Account Validation; Hong Kong-listed China government bond ETFs in demand; Fitch warns Qatari banks vulnerable
Industry roundup: 24 November
by Kylene Casanova
BNPL transactions heighten risk of fraud, KeyBank buys B2B fintech company, international trade is forecasted to grow by 70%
Industry roundup: 8 November
by Kylene Casanova
Ransomware attacks on rise, cryptocurrency and compliance more critical as digital payments gain popularity, cross-border payments and fintechs
Industry roundup: 5 November
by Kylene Casanova
Financial gateway to assist airlines, first successful green finance project complete by BIS Innovation Hub and Hong Kong Monetary Authority
Industry roundup: 29 October
by Kylene Casanova
Visa-based payment method solution growing around the globe, ransomware attacks continue, and rapid AI transformation
New fraud prevention tool launched by BofA
by Kylene Casanova
Bank of America’s new service offering, Account Validation, will assist in fraud prevention
ENISA: Hackers-for-hire are top cyber security threat
by Graham Buck
The pandemic and working from home have created opportunities for criminals, the agency reports
LEI usage grows worldwide as more partners join The LEI Foundation
by Jack Large
Contour partners with GLEIF to enable LEI usage on their digital trade finance network