PYMNTS
OCTOBER 16, 2019
Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. The Cost of Compliance. Challenges and Solutions.
PYMNTS
FEBRUARY 7, 2020
The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. A digital bank called Bó , started by Royal Bank of Scotland (RBS), has had to issue 6,000 new cards because of the new regulation.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Gonzobanker
AUGUST 17, 2022
Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Reg & Risk: Still Showing Up For Surprise Quizzes.
PYMNTS
JULY 24, 2020
Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools. In June, Revolut added American Express to its open banking platform.
PYMNTS
JANUARY 21, 2020
In 2018, Qonto was awarded a payment institution license, developing its own banking apparatus from there. Qonto launched its corporate digital banking solution in 2017. At the time, the company said that business customers could access its digital and mobile services for a fee. million.
Gonzobanker
SEPTEMBER 21, 2023
Digital: Pigskin Pick-Ups Bankjoy , a digital banking provider, had a funding round led by the Curql Collective Credit Union Service Organization. Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale.
PYMNTS
NOVEMBER 20, 2019
Last year, the Commonwealth Bank of Australia paid a record A$700 million in fines after allowing 53,750 payments that violated similar protocols. Serious and systemic non-compliance leaves our financial system open to being exploited by criminals,” Nicole Rose, chief executive for AUSTRAC, told the news outlet Xinhuanet.com. .
Expert insights. Personalized for you.
123 
Let's personalize your content