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ISO20022: The big shift to structured addresses

Finextra

The next major shift After November 2025, banks will need to prepare for yet another major shift: structured addresses. Starting November 2026, unstructured postal addresses will no longer be supported in CBPR+ messages. Banks need to adopt either a fully structured or hybrid address format to become compliant.

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How Flexible is ISO20022 and What are Hybrid Addresses?

Finextra

As well as providing clarity that January is the most important, firmer deadline, he also provided a helpful insight into the development of hybrid addresses and the impact on unstructured data.

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Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud

Fintech News

Earlier this year, the company formed an industry working group to address these challenges collaboratively. Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Freepik The post Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud appeared first on Fintech Singapore.

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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

In 2024, Alterya identified US$10 billion in scam-related transactions and worked with clients to reduce losses and address fraud effectively. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

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Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024

Fintech News

Sethaput Suthiwartnarueput, Governor of the Bank of Thailand , recently addressed the Singapore Fintech Festival, sharing insights on Thailand’s advancements in digital finance. Looking ahead, he highlighted Thailand’s efforts to strengthen cross-border payment connectivity through projects like Nexus and mBridge.

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BIS Completes Project Mandala, Automating Cross-Border Transaction Compliance

Fintech News

The project reached proof of concept by automating compliance procedures, addressing a critical challenge faced by global financial systems: the need to adhere to multiple regulatory standards across jurisdictions. This project serves as a critical building block for further advancements in cross-border payments.

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How to Build Data Experiences for End Users

Organizational data literacy is regularly addressed, but it’s uncommon for product managers to consider users’ data literacy levels when building products. Product managers need to research and recognize their end users' data literacy when building an application with analytic features.