Fintech Finance

APRIL 1, 2025

A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The post New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation appeared first on FF News | Fintech Finance.

ISO 20022 59

ISO 20022 Innovation Fraud Detection AI 59

Finextra

JULY 3, 2025

Flagright’s cutting-edge transaction monitoring and AML compliance solution will enhance our ability to protect our customers’ transactions and ensure compliance with stringent regulatory standards. As a fellow Y Combinator company, we share a common vision of leveraging technology to drive innovation and security in the financial sector.

Compliance 52

Compliance Security Payment APIs and Integration Authorization 52

Fintech Finance

NOVEMBER 13, 2024

Key findings from the whitepaper highlight that: The speed and ease of global payment channels allow criminals to exploit system gaps across jurisdictions, complicating fraud detection.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 98

FICO

JULY 31, 2019

Fraud management and AML compliance are both about tackling financial crime, but often they are managed by different teams, each with their own processes and technology. On the surface there are clearly reasons why the fraud and AML compliance departments should work together. by Sarah Rutherford.

AML 40

AML Financial Crimes Crime Compliance 40

FICO

AUGUST 12, 2021

Financial Institutions’ compliance officers and teams should be concerned that Open Banking may render their existing AML/CTF and KYC compliance programs inadequate. AML experts are concerned about this model because TPPs can limit an FI’s visibility into how funds flow in and out of its systems and through the ecosystem.

Financial Crimes 52

Financial Crimes Compliance Crime Risk 52

FICO

SEPTEMBER 16, 2019

For example, account holders generally aren’t the victims of money laundering, they’re the perpetrators, and poor AML practices lead to significant negative publicity for banks. Other aspects are covered in: Whitepaper ‘Adopting an Integrated Approach to Fraud and AML Compliance’. E-book - Banking Survey 2019, UK.

Financial Crimes 40

Financial Crimes Crime AML Compliance 40

Fintech News

FEBRUARY 27, 2024

In pursuit of clearer regulatory guidelines, Anti-Money Laundering (AML) registration requirements were enforced from March 2023. By the end of December 2023, a total of 31 cryptocurrency service providers had complied with the registration process.

APACS 133

APACS Regulations Stablecoins Cryptocurrency 133