Tag: financial institutions

Comviva has partnered with Gnosys Skill Bridge in a bid to advance digital banking and payment services in India and the Asia Pacific.

Finzly, a cutting-edge payments infrastructure provider for financial institutions, proudly reported the successful completion of its Series A funding round.

Protecht, a global leader in risk and resilience software, has announced its partnership with Target Group. Protecht, known for its superior Enterprise Risk Management (ERM)...

DataVisor, renowned as the globe's top AI-driven fraud and risk platform, has stepped into the spotlight once again. In a bid to dramatically boost the...

NCR Corporation, a renowned enterprise technology provider, has announced its strategic investment in Clip Money Inc., a trailblazing firm in the business cash deposit domain.

Key European FinTech seed investment stats in H1 2023: • European FinTech seed deal activity is on track to reach 714 deals in 2023, a...

Surecomp, a leading player in the trade finance industry, and Pelican AI, a global provider of AI-driven financial crime and compliance solutions, have announced a strategic partnership. The collaboration aims to usher in a new era in digital trade-based risk management.

Banks, money services businesses, and other financial institutions are bound by U.S. laws to establish anti-money laundering (AML) procedures. Implementing identity verification, regulatory reporting, and risk management can be intricate, lengthy, and costly.

Financial institutions often fall prey to money launderers who exploit these platforms to funnel, mask, transfer, and cleanse ill-gotten gains. This doesn’t just endanger the specific institution but imperils the credibility of the entire financial system.

Correspondent banking plays a pivotal role in shaping the global financial landscape. Serving as the backbone of international trade, especially for budding and developing...