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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Would you like other articles on fraud and AML/CFT compliance in your inbox? Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

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Invoice Fraud Hits Microsoft?

PYMNTS

Even the mightiest of tech firms are not immune to invoice fraud. Engadget reported that Jeff Tran, Microsoft ’s former director of sports marketing and alliances, was charged with five counts of wire fraud. Wire fraud has a sentence of up to 20 years’ imprisonment. Fraud On The Rise. Payments Fraud No Cakewalk.

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Trade Fraud Is ‘Ground Zero’ For Banks And Blockchain

PYMNTS

Banks may not always be up for overhauling their operations with a largely untested, disruptive technology, but new reports suggest the threat of fraud in one area of corporate finance is encouraging financial institutions to adopt distributed ledger technology in growing volumes.

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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Serent Capital Invests In Procurement Partners. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants.

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Twitter adds ‘tip jar’? to pay for good tweeting | WEF on blockchain use in capital markets | HSBC voice biometrics prevents £249m attempted fraud

Bussman Advisory

to pay for good tweeting | WEF on blockchain use in capital markets | HSBC voice biometrics prevents £249m attempted fraud appeared first on Bussmann Advisory AG. The latest edition of the FinTech Ecosystem Newsletter is here : The post Twitter adds ‘tip jar’?

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Bitcoin Daily: Zamna Blockchain Travel Verification Firm Raises $5M; Former Bitfinex Employee Arrested For Laundering Drug Money

PYMNTS

Zamna announced that it has raised a $5 million seed funding round led by LocalGlobe and Oxford Capital. Zamna, previously known as VChain Technology, uses a blockchain to safely share and verify data between airlines and travel authorities to check passenger identities. IAG is now its first commercial client.