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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

This enables banks to process transactions across multiple core systems while integrating with digital banking, Office of Foreign Assets Control (OFAC), and fraud monitoring via open APIs. ” Headquartered in Wilmington, North Carolina, Live Oak Bank is a cloud-based digital bank that serves small businesses throughout the US. .

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Financial Crime: Technology can Transform Compliance

FICO

We offer best-in-class multi-tenant capabilities (including multi-language, multi-currency), detailed audit trails, and electronic, automated regulatory reporting and filing in any required format. For most of the public lists (EU, OFAC, UN, HMT, etc.) the KYC system provides out-of-the-box watch list loaders.