Fintech News

JUNE 12, 2025

Sumsub Simplifies Travel Rule and Transaction Monitoring When it comes to the Travel Rule, Sumsub’s solution architecture covers VASP due diligence, unhosted wallet confirmation, infinitely customisable compliance logic, VASP discovery, and integrated AML checks. Watch the webinar replay here to dive deeper into the discussion.

Compliance 120

Compliance Travel Rule Risk Due Diligence 120

Clearly Payments

APRIL 8, 2025

Clearly Payments acts as a long-term advisor, helping with: RFPs and vendor selection for new platforms or partners M&A payments due diligence New product launches and billing models (subscriptions, usage-based, etc.)

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Fintech News

JULY 10, 2025

This includes performing full customer due diligence on clients onboarded before the license was obtained. Featured image by fabrikasimf on Freepik The post Crypto Leaves the Wild West Behind as Regulations Take Over appeared first on Fintech Singapore. What’s driving this hard stance? Others will transform.

Regulations 79

Regulations Due Diligence SWIFT Money Laundering 79

The Fintech Times

JANUARY 13, 2025

When asked about the most painful aspects of starting a business relationship with a new customer, registering on a new supplier portal was the most commonly cited problem (50 per cent), mentioned twice as often as due diligence (24 per cent).

Visa 59

Visa Due Diligence Wire Transfer Direct Deposit 59

Neopay

APRIL 10, 2025

The post Another Revolut Fine This Time from the Central Bank of Lithuania appeared first on Neopay. Contact Neopay today to find out how we can assist in your compliance journey.

Central Bank 52

Central Bank Money Laundering AML Financial Crimes 52

The Fintech Times

FEBRUARY 6, 2025

With Agentic AI Company Research, our customers particularly in the private credit space gain a clearer picture of each companys credit health, enabling them to move faster and make data-driven decisions with confidence in a sector often challenged by poor disclosures, lack of traditional credit ratings, and the need for intensive due diligence.

Research 59

Research AI Risk Assessment Due Diligence 59

Fintech News

MARCH 19, 2025

However, GoTo reiterated on Wednesday that no agreement had been reached, following a recent report that Grab had begun due diligence for a potential takeover. Featured image credit: Edited from Freepik The post Singapores Competition Regulator Says No Merger Notification from Grab, GoTo appeared first on Fintech Singapore.

Regulations 78

Regulations Due Diligence Caps Mitigation 78

Neopay

APRIL 22, 2025

As regulatory and compliance specialists for payment and e-money firms, we recognise the importance for due diligence, transaction monitoring, and robust AML controls. The post NCA targets barbershops in major operation against money laundering and modern slavery appeared first on Neopay.

Money Laundering 52

Money Laundering Crime Due Diligence Financial Crimes 52

M2P Fintech

APRIL 11, 2025

Due diligence was inadequate, and end-use monitoring, especially for high-value or income-generating loans, was inconsistent or missing. Any surplus amount post-auction must be refunded to the borrower. KYC and Purity Checks Mandatory KYC compliance and enhanced due diligence for high-value loans.

Due Diligence 52

Due Diligence Caps Audit Non-Bank 52

Bank Automation

OCTOBER 31, 2024

Regulators may issue public orders after examining the firm’s compliance programs “including transaction monitoring, training, governance and customer due diligence,” […] The post BofA says U.S. Bank of America Corp. may take action over money laundering, Zelle appeared first on Bank Automation News.

Money Laundering 59

Money Laundering Zelle Due Diligence Regulations 59

EBizCharge

JANUARY 21, 2025

Merchants should do their due diligence to implement a secure virtual terminal that protects their business and builds customer trust. The post What Are Virtual Terminals? EBizCharge ensures that payments are synchronized across systems, minimizing errors and maximizing efficiency.

Credit Cards 52

Credit Cards Encryption ACH Process 52

The Fintech Times

MARCH 17, 2025

While IT teams are normally tasked with protecting organisations, sales, marketing, and communications employees must also ensure they are doing their own due diligence in their roles to ensure fraudsters can’t slip through the gaps. Finding the right people and technology Everyone has a part to play in preventing fraud.

AI 59

AI Fraud Prevention Transactions Due Diligence 59

Neopay

JANUARY 22, 2025

Generate realistic fake documentation to bypass due diligence processes. The post The growing threat of AI-enabled fraud appeared first on Neopay. AI-generated content can be nearly indistinguishable from authentic communications, leading to increased underreporting by victims who may not realise they have been defrauded.

AI 59

AI Deepfake Phishing Audit 59

Fintech Review

APRIL 19, 2025

This includes due diligence, auditing, and shared responsibilities with financial institutions. The post SaaS Fintech: Whats Next for the Most Powerful Pairing in Finance? Key regulatory areas include customer onboarding, data protection, anti-money laundering (AML), and transaction monitoring. SaaS fintech v2.0

Finance 94

Finance FinTech Embedded Finance Payment APIs and Integration 94

Neopay

MARCH 6, 2025

enhanced due diligence: When firms operate under an AR structure, ensuring proper checks on business partners and their financial dealings is crucial. The post FCA charges John Dance with fraud and money laundering related to WealthTek appeared first on Neopay.

Money Laundering 52

Money Laundering Audit Due Diligence Compliance 52

Fintech News

FEBRUARY 5, 2025

Our goal is to help businesses achieve compliance with AML and Know-Your-Customer (KYC) standards while optimising customer due diligence procedures. Featured image credit: edited from freepik The post Sumsub Launches Australia DVS Verification for Secure ID Checks appeared first on Fintech Singapore.

Verification 74

Verification Checks Security Due Diligence 74

Neopay

JANUARY 30, 2025

Gaps in customer Due Diligence and Transaction Monitoring Some firms failed to collect or verify information on customers’ expected annual income or business turnover at onboarding, making it harder to identify unusual transaction patterns later.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

Trade Credit & Liquidity Management

JUNE 11, 2025

To receive new posts and support our work, consider becoming a paid subscriber. Also, D&B offers TPRM data products, and Experian provides cyber-risk data to the insurance industry Begin by asking some basic questions as part of your due diligence process to assess the cybersecurity status of your counterparties.

Cybersecurity 52

Cybersecurity Breach Data Breach Small Business 52

Fintech Review

APRIL 19, 2025

This includes due diligence, auditing, and shared responsibilities with financial institutions. The post SaaS Fintech: Whats next for the most powerful pairing in finance? Key regulatory areas include customer onboarding, data protection, anti-money laundering (AML), and transaction monitoring. SaaS fintech v2.0

Finance 52

Finance FinTech Embedded Finance Payment APIs and Integration 52

The Fintech Times

JULY 9, 2025

However, another FCA investigation into a challenger bank could wipe out some of the ground they’ve gained, so all digital-first players need to ensure they’re not sacrificing due diligence in pursuit of growth.

Financial Crimes 64

Financial Crimes Crime Security Online and Mobile Banking 64

The Fintech Times

MARCH 27, 2025

Understanding Hyperswitch Engineered as the ‘Linux for Payments,’ Hyperswitchs open-source nature ensures full visibility, faster integrations, and seamless due diligence. The post Offering Merchants More Control: Juspay Launches Hyperswitch Alongside US Expansion appeared first on The Fintech Times.

Due Diligence 59

Due Diligence Alternative Payment Methods Authentication Fraud Prevention 59

EBizCharge

JUNE 23, 2025

The post Maximum Credit Card Surcharge Limits Explained appeared first on EBizCharge. So, take your time. Read the rules. Ensure your POS system is set up correctly. And if you’re unsure, ask questions. It’s worth double-checking everything before you flip the switch.

Credit Cards 52

Credit Cards Legal Card Network Rules Point-of-Sale (POS) 52

Payments Dive

JULY 7, 2025

Published July 7, 2025 Patrick Cooley Reporter post share post print email license Luxury fashion company Louis Vuitton is a customer of Global Blue. Swiss regulators are doing more due diligence. Analysts who follow the company, including Matt Coad of Truist Securities, said the delays were not a reason for concern.

Tax Refunds 78

Tax Refunds Privacy Zelle Processors 78

Cardfellow

MAY 21, 2025

Youll likely even get through the initial setup and may begin taking cards, because Square doesnt do upfront underwriting due diligence. However, later on they will likely realize it and close your account due to being a prohibited business type. The post Merchant Account Closed – Now What?

Accounts 40

Accounts Processors Credit Cards Push-to-Card 40

Finextra

JULY 9, 2025

In anti-money laundering (AML) and customer due diligence regimes, Source-of-Wealth (SoW) traceability is now a discrete requirement. and SoWE (Source of Wealth Essay), structured asset logs, and multijurisdictional record-keeping are becoming compliance essentials, not luxuries. Supporting analytics: 77.6% Supporting analytics: 77.6%

Compliance 52

Compliance Cross-Border Payment APIs and Integration Legal 52

Fintech Review

MAY 22, 2025

It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

AI 52

AI Due Diligence Professional Development Advisors 52

Finextra

JULY 8, 2025

The aim is to reinforce a risk-sensitive and proportionate approach to Enhanced Due Diligence (EDD) obligations, particularly when dealing with domestic PEPs, their family members, and close associates. The guidance also clarifies that former PEPs must continue to be treated as such for a period of 12 months after leaving office.

Money Laundering 52

Money Laundering Due Diligence Risk Risk Assessment 52

The Fintech Times

JUNE 25, 2025

Understanding Kenya’s SEZ ecosystem Omining’s entry into Kenya comes as global technology players, including Microsoft , expand into the country’s SEZ framework, with Google and Amazon reportedly completing due diligence for future presence in the region.

Due Diligence 82

Due Diligence Cryptocurrency On-Demand Participant 82

The Fintech Times

JUNE 12, 2025

Due diligence is key, but so is creative freedom. The post Finfluencers: A Game-Changer or a Risky Bet for Marketers? Building an ethical finfluencer strategy The benefits of a finfluencer partnership are clear, so the real question is how brands can harness these benefits while ensuring compliance and consumer protection?

Due Diligence 45

Due Diligence Authentication Best Practices Risk 45

The Fintech Times

MARCH 4, 2024

They underestimate the investment they need to make in customer due diligence: Know-Your-Customer ( KYC ), monitoring transactions for foul play, and meeting regulations. They overlook the harder aspects of due diligence that aren’t easily automated. But they still make some age-old mistakes.

Due Diligence 127

Due Diligence Money Laundering Risk Regulations 127

VISTA InfoSec

JUNE 26, 2024

As an investor, due diligence in cybersecurity involves examining several areas. Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

Fintech News

AUGUST 1, 2024

This service aims to streamline business due diligence and compliance for financial institutions and SMEs, addressing counter-party risk, credit exposure, and compliance with anti-money laundering (AML) regulations. The post ADVANCE.AI JewelPaymentech, acquired by ADVANCE.AI

Due Diligence 119

Due Diligence Money Laundering AML Verification 119

FloQast

MAY 2, 2024

Listeners gain valuable lessons in ethics, due diligence, and professional skepticism, making it a compelling exploration for finance professionals. The post Introducing Fraud Files: FloQademy’s First-Ever CPE Eligible True Crime Podcast appeared first on FloQast. Be sure to sign up today!

Crime 105

Crime Due Diligence Advisors Agreements 105

Fintech News

OCTOBER 8, 2024

These include maintaining a minimum capital of S$ 250,000 and adhering to stringent AML/CFT obligations, such as conducting customer due diligence, monitoring transactions, and reporting suspicious activities. MAS’ proposed regulatory amendments Once licensed, DTSPs will be subject to ongoing compliance requirements.

Service Provider 110

Service Provider Due Diligence AML Money Laundering 110

Finezza

APRIL 9, 2024

It involves due diligence regarding customer background by the lenders, regulatory compliance, and financial processes for the lender. The lending life cycle consists of all activities that begin at the loan application stage and culminate with the final repayment.

Best Practices 89

Best Practices Due Diligence Regulatory Compliance Compliance 89

Fintech News

DECEMBER 6, 2023

According to Airwallex, the introduction of this generative AI technology has led to a 50 percent decrease in false-positive alerts during the KYC due diligence phase. The post Airwallex Taps Generative AI to Speed Up KYC, Reduces False Positives by 50% appeared first on Fintech Singapore.

AI 122

AI Due Diligence Assessments Rules 122

Fintech News

APRIL 16, 2024

As well as the option to benefit from diligence services supported by iCapital, the platform provides a variety of investment opportunities under a unified agreement, facilitating the creation of diversified investment portfolios that align with client objectives. added Edwin Chan, Head of Asia and Head of Client Solutions APAC at iCapital.

Due Diligence 126

Due Diligence Advisors APACS Returns 126