(5 September 2022 – Singapore) Citi and SME financing platform Validus and have partnered for a US$100 million securitisation facility collateralized by loans from small businesses originated by […]
(30 August 2022 – Australia) Payments industry efforts to fight payment card fraud are proving successful as card fraud rates stabilise despite a surge in online card payments, […]
(13 May 2022 – Australia) A new precedent has been set following the Australian Federal Court’s significant decision on financial services’ cyber-security obligations. The Australian Financial Services (AFS) […]
(28 April 2022 – Global) JPMorgan has been sued by a unit of the French maker of Ray-Ban sunglasses alleging the global investment bank ignored warnings as international […]
(16 December 2021 – Europe) Europe has its first cross-border Confirmation of Payee service, thanks to a partnership between SurePay, SepaMail.eu and StreamMind. The service enables companies and […]
(14 December 2021 – Global) Fines for anti-money laundering (AML) failings by regulated institutions were five times higher in 2020 than 2019, totalling $2.2 billion. The findings come […]
(02 September 2021 – Europe) A consortium of five major Dutch banks have co-ordinated together to set up a system to help detect Money Laundering (ML) activity at […]
(7 June 2021 – United Kingdom) HSBC United Kingdom (UK) are the first high street bank to launch an application-based platform to increase fraud awareness and protection for […]
(11 November 2020 – United States) A leading Financial Technology (FinTech) provider known as ‘FiVerity’ have recently launched an Artificial Intelligence (AI) solution for cyber fraud. The solution […]
(26 October 2020 – United States) Wells Fargo have been considering the disposal of its asset management business which currently manages $578 billion in assets. A few asset […]
