Validation features for small volume ACH users – Industry roundup: 8 June
by CTMfile
VBA and Binance strategic partnership, new digital bank, GTP acquired by MFS Africa, validation features for small volume ACH users
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…
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Cybercrime insurance claims rise as ransomware proliferates
by Pushpendra Mehta , Executive Writer, CTMfile
The multiplying of ransomware attacks has led to an increase in the frequency and value of cyber insurance claims
Limits seen to RMB internationalisation – Industry roundup: 2 June
by Graham Buck
Russia central bank rumblings; Deutsche Bank's DWS in greenwash probe; QT era underway in the US; India set for 7.5% GDP growth
Innovation to combat money laundering – Industry roundup: 31 May
by CTMfile
cybersecurity risks, instant payment collection solution, Effective anti-money laundering techniques, AI Innovation to combat money laundering.
EU’s hope to escape Russian gas - TREASURY NEWS - OpenTreasury Podcast #34
by CTMfile
The plan aims to rapidly find alternative sources of energy while ramping up energy savings and renewables. It promises to benefit...
Glencore will pay US$1.5bn to settle bribery charges – Industry roundup: 26 May
by Graham Buck
Federal Reserve delay for ISO 20022; Citi mulls DB Mexico purchase; BNP Paribas joins Onyx blockchain; The WFE assesses circuit breakers
No more credit cards, pay with your smile – Industry roundup: 18 May
by CTMfile
Fastest growing fintech, Synergistic collaboration, 5 partnerships with DBS, $100 million risk-sharing facility, biometric facial recognition.
Bitcoin does not scale – Industry roundup: 16 May
by CTMfile
...Bitcoin's future as a payment network because Bitcoin's "proof of work" system will not be able to handle millions of transactions.
Survey shows NBFIs’ top three focus areas: security, compliance and efficiency
by Pushpendra Mehta , Executive Writer, CTMfile
Strategic Treasurer’s latest Non-Banking Financial Institutions Survey captures greater breadth of perspectives from treasury-intensive NBFIs.
Insider risk & security threats - TREASURY NEWS - OpenTreasury Podcast #31
by CTMfile
Central banks lower curtain on era of minimal interest rates, US dollar rides high despite inflation spike, GTreasury pairs with Moody’s Analytics
Interest rate guidance to combat inflation – Industry roundup: 11 May
by CTMfile
Visa Ready platform, EMTECH and HaitiPay, Chile's digital peso, omnichannel global digital banking app, Canadian inflation.
Central Bank of Argentina moves anti-crypto – Industry roundup: 9 May
by CTMfile
Argentina intervenes to deter banks cyrpto, Ripple lawsuit, ECB resists pressure, U.S. regulatory agencies Community Reinvestment Act
Insider risk and human error pose grave security threat to organizations
by Pushpendra Mehta , Executive Writer, CTMfile
The third Insider Data Breach Survey from Egress highlights insider risk as the greatest security threat to any organization.
Digital crypto bank in Brazil – Industry roundup: 6 May
by CTMfile
According to reports, ICICB is implementing a robust Anti Money Laundering compliance framework to ensure a high of regulatory compliance.
Goldman Sachs bitcoin-backed loan - TREASURY NEWS - OpenTreasury Podcast #30
by CTMfile
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review nine of the latest treasury news stories.
Rise in suspicious crypto activity – Industry roundup: 4 May
by CTMfile
Rising suspicious activity reports (SARs) on cryptocurrencies, US FedNow service pilot program, testing real-time cross-border payments.
Withdrawing From Russia – Industry roundup: 25 April
by CTMfile
UK creditors interest rates, Citi and EBANX alliance, weak fraud prevention measures, Binance cuts Russian service, UnionPay withdraws from Russia.
OpenTreasury #26 - Moody’s assesses Ukraine war, global recession coming, NatWest taps Bottomline to reduce APP fraud, IBM on-chip AI to reduce fraud, BofA pushes Zelle
by CTMfile
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments.
Industry roundup: 7 April
by Graham Buck
Ukraine war to crimp global growth; IOSCO reviews corporate bonds risk; Intel completes Russia exit; BNP Paribas' green ETF
Industry roundup: 6 April
by CTMfile
OFAC sanctions against Hydra; NatWest Group reduce APP fraud; Brazil bank cloud-based fraud solution, Visa & PopID alliance; Middle East biometrics
OpenTreasury #23 - US Fed lists 4 requirements for CBDC, Apple’s open banking acquisition, erosion of dollar dominance, rising fraud, and supply chain cyberattacks
by CTMfile
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments.
Industry roundup: 23 March
by CTMfile
Cross-border CBDC platform interoperability, RippleNet - potential alternative to CBDC, Mastercard connects banks to BNPL, Biometric tech and fraud
OpenTreasury #20 - ACI Fraud Scoring Services launched, FedNow features Euronet’s REN payments system, BlackRock takes $17bn hit, airlines’ hedging oil price hikes
by CTMfile
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments.
OpenTreasury #18 - US banks assess Russia exposure, securing bank data using quantum communications, B2B payments survey, new US cybersecurity law, Russian banks turn to China
by CTMfile
Pushpendra Mehta meets with Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments.