07/16/2024
For added security the service performs a Confirmation of Payee (CoP) check requiring the recipient’s name to match that on the name on the bank account holder before the payment is transferred.
07/15/2024
The AI Act cleared the legislative process in May, ahead of the European Parliament elections, and has now been published in the Official Journal of the EU.
07/15/2024
The public is also encouraged to verify the authenticity of social media posts and report any suspicious activities.
07/15/2024
The meeting took place last week was intended to offer the chance to exchange views on copyright and AI and the possible need for regulatory action.
07/12/2024
While the regulator relaxed measures this year for some of the firms, it has warned that the pressure won’t let up for those that don’t improve controls.
07/11/2024
In a statement, the FNTT says "the identities of the company's customers were not properly determined and checked intentionally, in order not to lose a significant part of the income".
07/11/2024
Our cooperation with VFS Global will enhance the competitiveness of Dubai’s private sector by facilitating smoother entry into global markets.
07/11/2024
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.
07/10/2024
The committee is proposing 12 principles for banks and regulators, saying that banks’ boards have the final responsibility in overseeing third-party arrangements.
07/09/2024
This significant achievement aligns with EdfaPay's vision to empower the global financial landscape.
07/05/2024
This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.
07/04/2024
After the Australian Banking Association released a report by Accenture showing only 0.3 per cent of customers are using open banking
07/04/2024
The strategic move will confirm EQS Group's leading position in the European compliance SaaS market
07/04/2024
SEI's second-quarter economic outlook.
07/02/2024
Among the latest adopters of WAMD are the National Bank of Kuwait (NBK), Kuwait Finance House (KFH) and the country’s first digital bank, Weyay Bank.
07/02/2024
The specifications are based on the proposal of the European Payments Council’s VOP Scheme Rulebook.
07/02/2024
Acquires CompSci, a Web-based, collaborative platform for SEC disclosure preparation, XBRL tagging, and EDGAR filing; platform simplifies disclosure complexities with both managed and self-service capabilities
07/01/2024
Looking ahead, the Alliance is preparing for the Manila Tech Summit on AI Unlocked: Shaping Our Digital Future, scheduled for 6-8 August 2024.
07/01/2024
The European Central Bank has signalled it will make it mandatory for euro zone retailers and banks to accept and distribute a future digital euro
06/27/2024
Australia’s state and territory governments are expected to develop their own frameworks that will address their specific considerations while still being consistent with the national framework.