Alex Laycy Solutions Architect at https://amdaris.com/
Fraud is widespread these days and not going away anytime soon. According to a recent industry report, 38% of UK retail sales will be done online by 2026. Moreover, by 2026 almost 40% of all retail chain sales will be online. Whilst this is good news for eCommerce businesses, it is also good news for online fraudsters, with payment fraud being an ...
04 July 2022 /payments /regulation Banking Strategy, Digital and Transformation
Luke Fossett Director, Australia and New Zealand Sales at GoCardless
A new payments system, PayTo, has just begun its rollout in Australia. Over the upcoming months, payment providers will be coming online, with all major banks committed to providing PayTo by March 2023. It’s important to remember that, although the introduction of PayTo is historic, there is still a lot to do behind the scenes before all of Austra...
04 July 2022 /payments /regulation Frictionless Payments
Frank Cummings CEO at AML Partners LLC
Expect a spike in Financial Crime. Here’s why and how you can prepare for it. Why expect a spike in financial crime? It’s the economy, of course. We are on the doorstep of recession, and it’s hard to imagine a gimmick or politician who can stop it now. For those of us who specialize in AML Compliance and related Risk, economic recession strongly ...
01 July 2022 /regulation /crime RegTech
Tamar Gershon MarCom Manager at Fibonatix
There are lots of factors to consider when choosing payment solutions for your business. Finding the best payment service provider for your specific needs is crucial to your company’s success, as they will help you to develop a secure, reliable, and suitable payments flow and experience, to convert and retain customers and maintain a good reputati...
27 June 2022 /payments /regulation
John Bertrand MD at Tec 8 Limited
The observation that “The International nature of fraud is not just on the rise, rather it is endemic” sums up the Future of Fraud in a compelling and disquieting manner. There are no simple answers. Imagine in Victim’s Narratives, from the year 2032, “her bank refuses to accept any liability”. This suggests over the next 10 years, “fraud remains ...
27 June 2022 /regulation /crime Banking Strategy, Digital and Transformation
Paul Marcantonio Head of UK/Western Europe at Ecommpay
As the tourism industry finally begins to make a full recovery from COVID-19 and its resulting travel restrictions, there have recently been fresh worries that sanctions brought on by the conflict in Ukraine could undermine the progress made by travel and aviation companies, triggering a fresh period of industry stagnation. In this article, I’ll e...
27 June 2022 /regulation BNPL
Caleb Woo Client Success at Artius Global
Have you considered the impact of unsettled trades on shareholding reporting? How hard can shareholding disclosure be? Just load your positions and see if you are over the threshold right? Not exactly! Depending on where the securities are listed, different jurisdictions impose different requirements on the reporting of trades and the rules differ ...
25 June 2022 /regulation RegTech
Rodrigo Zepeda CEO at Storm-7 Consulting Limited
By Rodrigo Zepeda, CEO, Storm-7 Consulting GLOBAL AND NATIONAL ESTIMATES OF TAX EVASION The most recent estimates of the cost of global tax evasion to governments around the world is nearly $500 billion (£408 billion) – around $312 billion (£254.68 billion) is lost because of tax abuse by multinational corporations, and around $171 billion (£139.5...
24 June 2022 /regulation /crime Exposing Financial Crime
The Uvalde ,Texas school shooting was yet another horrific and unimaginable act of violence in the U.S. And that particular kind of horror has been categorized by some as “social violence”—a type of event whose traits often include signals pointing toward and even previewing the violent events. Given the many red flags tied to many acts of social ...
23 June 2022 /regulation /crime RegTech
Retired Member
Meeting the requirements of ever-evolving anti-money laundering (AML) and counter terrorist financing (CTF) laws, regulations and guidance is no mean feat. The sheer depth and breadth of requirements from such as wide range of bodies, can be daunting for even the most seasoned industry experts. The first place they might look in relation to AML ...
23 June 2022 /regulation /crime
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.