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Trade-based money laundering (TBML) poses significant risks to the global financial system, requiring robust regulatory frameworks and international standards to combat this illicit activity. Complian...
Data has become an essential driver for new monetisation initiatives in the fintech industry. Vast amounts of data are collected from customers, transactions, and market movements, among other sources...
So where are we going? Do we realize that we nead leaps in productivty, in service capability, in security, in privacy, in Single Market progress and in serious lowering of costs in the public sectors...
In response to heightened market volatility during the COVID-19 pandemic, the US Depository Trust & Clearing Corporation (DTCC) issued a white paper in February 2021 advocating for a transition to...
Corporates have historically faced challenges in accessing real-time information on payment transaction status and account positions, especially in complex cross-border transactions *** Insights *** ...
Imagine seamlessly paying for your Uber ride within the app, purchasing travel insurance with a single click on your booking platform, or managing your finances directly within your favorite shopping
The term Banking-as-a-Service (BaaS) has shot to prominence in recent years, but there is no single definition of a BaaS provider - some providers are strictly IT specialists, others hold licences lim...
In emerging economies, inclusive instant payment systems (IIPS) are spearheading a revolution. As these systems evolve, particularly in regions like Africa and Southeast Asia, they potentially represe...
It's difficult to overstate just how large a problem money muling is. This notoriously elusive financial crime is an unrelenting stressor on banks and payment systems processors, and connected to $4.9...
In the rapidly evolving landscape of banking, client onboarding and compliance practices have undergone significant transformations over the years. With the rise of digitalization, regulatory changes,...
The price of Bitcoin has risen sharply since the start of 2024, reigniting talks regarding the mainstream adoption of Bitcoin and other cryptocurrencies. As the main avenue of crypto adoption in mains...
Let's go beyond common digital banking trends and highlight the significant impact of design in the financial industry. In this article I review 10 UX design trends that are innovating digital financi...