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OCBC Bank to Offer Digital Bank Accounts for Children Aged 7-15 from October

Fintech News

The account allows children to make digital payments, such as scanning QR codes or using PayNow, and make contactless payments with their debit cards. In addition to providing a digital banking platform, OCBC MyOwn Account aims to foster early financial literacy.

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How to Reduce AML False Positives and False Negatives

FICO

Whether you’re freezing accounts because you wrongly suspect money laundering or missing real cases of financial crime, it’s all a matter of accuracy. AI that is explainable to meet the demands of a regulated environment. Moving the Threshold Doesn’t Solve the Problem.

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