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A long-running and large-scale internet-based fraud scheme netted around $50 million from dozens of investors over an eight-year period. The perpetrators created 150 fake sites that targeted investor...
Companies in the fintech environment are constantly looking for ways to improve their technology infrastructure to increase efficiency and provide better services to their customers. One of the modern...
By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION In June 2024, the Financial Conduct Authority (FCA) published feedback on good and poor quality applications under the existing cryptoasset anti...
India, with its rapidly growing economy and burgeoning middle class, has witnessed an exponential increase in digital payments. The Indian digital payment market is valued at approximately $85 billion...
Why? Because too many still think that the wallets will be used only or mainly to identify citizens. When they in fact will serve life events not only for citizens - but also for organizations and thi...
A more common question today is "whether privacy enhancing technologies should be used in conjunction with privacy management tools?". Privacy enhancing technologies are tools that can be us...
Bank Fraud was examined in clinical detail at LexisNexis ‘Trust:Live 2024 Conference. Fraud represents 49% of UK Crime. No one knows how many scammers are out there. The scale of scam messages, over 1...
Know Your Customer (KYC) processes have traditionally been the backbone of financial institutions’ efforts to prevent money laundering, terrorist financing, and other financial crimes. Historically, K...
Investment management firms have seen more change in the last five years than in the previous five decades. New asset classes, significant regulatory and technological developments, pandemic-related m...
In June 2024, the Financial Conduct Authority (FCA) published feedback on good and poor quality applications under the existing cryptoasset anti-money laundering (AML) and counter-terrorist financing ...
Why UK Accountants and other Financial Professionals Should Embrace Current Technology: Out with the Old, In with the New In the light of HMRC’s new update to Accountants by Amy Chin, Aweb’s Tax write...
By Sasank Chary and Andy Greos The financial technology sector has undergone seismic shifts in recent years. The narrative often centered around fintech companies displacing traditional financial inst...