Search results for "anti-money laundering "

October 24, 2022
DOJ: Chinese Intelligence Officers Paid $61K in Bitcoin Bribes to...

A Chinese intelligence officer has been charged with money laundering for using bitcoin as part of an effort with another officer to bribe a United States government employee. Guochun He...


October 24, 2022
American Express, Cross River Team on Issuing Cards for FinTechs

Embedded financial solutions provider Cross River Bank and American Express have begun a collaboration that allows Cross River to issue credit cards on behalf of FinTechs on American Express’ network....


October 24, 2022
Businesses Push Banks, FIs for Innovation in B2B Payments

You could call it a case of better late than never. This is as financial institutions (FIs) around the globe work to bring the speed and convenience that is the...


October 21, 2022
Turkish President Says Country Aims to Build Metaverse

Turkish President Recep Tayyip Erdoğan reportedly showed some openness to the use of blockchain and some aspects of cryptocurrency in a speech, following the country’s implementation of a ban on...


October 18, 2022
FinTechs Need a Niche to Avoid Becoming a Commodity

When everyone is special — or at least says they are — no one is. Application programming interfaces (APIs) and all manner of updated tech infrastructure have made it possible...


October 14, 2022
DeFi Draws Closer to Institutional Market as EU Eyes Automatic...

In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by a series of spectacular gold...


October 13, 2022
AI Provides Context Needed to Help Banks Stop Financial Scams

In a recent conversation with Karen Webster, Featurespace Founder Dave Excell and MidFirst Bank Vice President and Director of Enterprise Fraud Candler Eve sounded the alarm in the battle against...


October 13, 2022
Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’

As real-time payments networks operate across the globe — FedNow in the U.S. and Faster Payments in the U.K., to name just two examples — those systems still need to...


October 12, 2022
EMEA Daily: Mastercard Backs nClude to Boost Financial Inclusion, FinTech...

Today in Europe, the Middle East and Africa, Mastercard announced an investment in Egypt’s FinTech-focused venture capital platform nClude and HSBC launched a new digital receivables finance solution. HSBC, Trade...


Digital Fraud
No Phishing: Multilayered Defense Best Way to Keep Fraudsters Empty-Handed Social media scraping and automated fraud attacks have deemed old-school single-layer defense systems ineffective. In this month’s Digital Fraud Tracker®,” done in collaboration with and supported by PayPal, Georgetown cybersecurity Prof. Chuck Brooks tells PYMNTS how a mix of drills, training and separated siloes are the best way to send phishermen home empty-handed.
Credit Union Innovation Playbook: Data Analytics Edition

The Credit Union Innovation Playbook, in collaboration with PSCU, delves into the innovation agendas of players in the credit union ecosystem. Each edition of the Playbook hones in on a specific innovation focus, exploring the differences between how credit union members and leaders prioritize innovation in four select areas: risk and fraud, digital banking, data and analytics, and loyalty.