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Dimitry Senko

Dimitry Senko Payment IT Consultant and Business Analyst at ScienceSoft USA Corporation

KYC/AML in Virtual Cards: Automation Handbook for Incumbents and Digital-Only Newcomers

This article was co-authored with Stacy Dubovik, ScienceSoft's Financial Technology and Blockchain Researcher, and Alex Bekker, ScienceSoft's Head of Data Analytics Department. While bringing much-demanded speed and security into payment flows, virtual cards raise unique concerns associated with identity fraud and money laundering. Given the stri...

Nicky Goulimis

Nicky Goulimis Co-founder at Tunic Pay

It's a good time to be alive... if you're a faster payments fraudster

Imagine you are a fraudster swindling unwitting consumers out of their hard-earned savings. You'd have to agree, it's a good time to be in business. Most banks don't spot you before you complete the scam. They are powerless to stop you. And they haven't a hope of tracking you down once the money reaches you. Official statistics tell us that 250,0...

/payments /crime Fintech

Matt Riggall

Matt Riggall Head of Commercial Lending Vertical, Cap. Markets at FIS

Generative AI agents and the future of work in commercial banking

The future of work for commercial banking RM's is set to be transformed by the integration of generative AI agents. As the financial services industry evolves, AI will become an essential tool, automating tasks and enhancing productivity. Here’s how AI will revolutionize key activities for RM's: Portfolio Management: AI agents will help relations...

/ai /wholesale

Anthony Pickup

Anthony Pickup Consultant at Capgemini Invent

Vehicle usage taxation needs a new model in the 21st Century

Globally, there needs to be a new way to tax vehicle usage to encourage sustainable road transportation. This article suggests a new model that is fair to all and gives all types of vehicle manufacturers incentives to make vehicles more sustainable. i.e. vehicles should only be replaced when they are no longer viable. Currently, petrol and diesel ...

/payments /predictions Going green

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Young Investors Turn to Crypto as Alternative to Traditional Stocks

These days, people are thinking differently about investing, thanks to a new movement of young investors. According to a recent study by Bank of America (BofA), many young people, especially those from Generation Z and millennials, are moving away from traditional stocks and choosing alternative investments like cryptocurrencies and private equity...

Ankit Patel

Ankit Patel Marketing/Project Manager at XongoLab Technologies LLP

The Role of AI in Mobile App Security and Data Protection

Imagine you’re using a mobile app to order food, pay bills, or chat with friends. You enter personal details like your name, address, or payment information without a second thought, trusting that your data is safe. But while you enjoy the convenience, cybercriminals are always looking for ways to steal that valuable information. With so much of o...

/ai Artificial Intelligence

Andrew Abraham

Andrew Abraham Global Managing Director of Data Quality at Experian

The five key principles for leveraging Generative AI in the UK

Amidst the rapid evolution of artificial intelligence technologies, the transformative potential of Generative AI is becoming increasingly evident. In fact, we believe it could contribute up to £120 billion annually to the UK economy over the next decade. We recently collaborated with techUK to talk about this potential GenAI can bring and h

/ai /predictions

Shiv Nanda

Shiv Nanda Content Strategist at https://www.financialexpress.com/

Challenges and Opportunities for Conversational AI in Banking Today

Conversational AI is transforming customer interactions within the banking sector. By automating communication and personalizing user experiences, banks are adopting AI-powered chatbots, voice assistants, and other tools to streamline services. While the potential is vast, the technology also presents challenges. This article explores four major c...

/ai Banking

Penny Townsend

Penny Townsend Co-Founder & CPO at Qualpay

Fostering Customer Loyalty Through Transparent Payment Reconciliation

In a world where businesses fiercely compete for customer attention and trust, cultivating loyalty has become more challenging than ever. While many companies focus on marketing strategies, product innovation, and superior customer service to win loyalty, one often overlooked factor can make a significant difference: transparent payment reconcilia...

/payments

Pankaj Gupta

Pankaj Gupta Manager Data Engineering at Discover Financial Services

Geolocation Analytics: A Data Engineering Approach to Combat Fraud

In today's digital landscape, where transactions occur instantaneously, ensuring security has become a top priority for businesses. One innovative method gaining momentum in fraud detection is the use of geolocation data. By employing advanced data engineering techniques, organizations can effectively harness geolocation information to identify an...

/ai /crime Banking Strategy, Digital and Transformation

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