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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The company most recently demoed its technology at FinovateSpring 2022 in San Francisco. Finzly is a two-time Finovate Best of Show award winner.

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Branta and Amboss Partner for Safer Bitcoin Transactions

Fintech Review

“By combining Branta’s real-time payment verification with Amboss’ cutting-edge AML and OFAC compliance tools, we’re empowering enterprises to transact with confidence, security, and transparency seamlessly setting a new standard for professional operations in the industry.

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FIS Harmonizes Payments With Launch of Unified Money Movement Hub

Fintech Finance

Global financial technology leader FIS ® (NYSE: FIS) has announced the launch of its Money Movement Hub, an innovative payments solution that helps to simplify the back-end infrastructure of financial institutions by enabling them to connect to multiple payment networks and process payments in one place.

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FinCEN Announces New Digital Innovation Officer/Deputy Director

PYMNTS

In the digital innovation officer role, he will work to engage with new financial innovations and technologies. Before FinCEN , Mosier was associate director of the Treasury’s Office of Foreign Assets Control (OFAC). He has also worked at a law firm representing financial services, media and technology clients.

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Airbase Demonstrates the Transformational Power of AI with the Launch of Touchless Accounts Payable

Fintech Finance

One of my founding principles at Airbase has been to rigorously apply the most advanced technology in building our procure-to-pay solution,” said Thejo Kote, Founder and CEO of Airbase. But we don’t leverage technology for its own sake.

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Financial Crime: Technology can Transform Compliance

FICO

In our experience these technologies can increase the number of SARs by 20% while at the same time producing efficiency gains of 30% in alert investigation and case management. Technology has the power to significantly improve compliance efficiency, reduce costs, add brand value, and increase the customer experience. Why is it so hard?

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GIACT Systems Launches New Enhancement To Compliance Solution

PYMNTS

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. The solution is offered through GIACT’s EPIC Platform.

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