After Equifax disclosed a devastating data breach, much of the attention focused on whether the company did everything it could in response. But the scary truth may be that this is the sort of incident that goes beyond a single company's ability to fix.
Fraud, money laundering and other financial crimes are a thorn in the side of every financial institution. These activities can cut into profits, damage public trust and expose banks to massive regulatory penalties if found to be out of compliance with governmental regulations. Many organizations simply accept financial crime as an inevitable cost of doing business. But today, armed with advanced identity resolution and new kinds of analytics, financial institutions have powerful tools at their disposal to reduce fraud and money laundering.Read this white paper for a solution that offers rich analytics that help banks gain a clearer view of entities, relationships and hidden patterns as they deal with financial crimes including anti–money laundering (AML), anti-terrorist financing and various types of fraud.
SourceMedia's PayThink conference is an annual gathering of key decision-makers in the financial services and payments industries. This year's event, which took place in Phoenix this September, brought several key ideas to light.
New policies in China and Hong Kong may be a way to clear the path for those issuers that wish to launch legally compliant and responsible token sales, writes Joshua Ashley Klayman, an attorney at Morrison Foerster.
European Central Bank Vice President Vitor Constancio laughed off any concern that bitcoin might challenge his institution’s control of euro-area money.
Alipay has entered agreements with Nordic trade and tourism institutions to further enable merchants in that region to accept payments from Chinese customers through Alipay's in-app marketing program.
Tencent Holdings Ltd., China’s largest social media firm, is entering the traditional finance industry by investing in CICC International Capital Corp., a move that may help the investment bank’s expansion in wealth management.
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Viking Cruise signs a card deal; Alipay expands in the Nordic region; A new ATM network for cryptocoins; Fime has a new CEO.
Head of treasury services product strategy for commercial bankingJPMorgan Chase
The benefits of adopting an end-to-end payments solution are substantial and will help businesses collaborate with vendors and customers, while saving time and money, writes Stephen Markwell, head of treasury services product strategy for commercial banking at JPMorgan Chase.
As ISOs evaluate payment partners, it’s important that to dig into their existing tools and also gain an understanding of what the company’s continued investment is going to be for the future, writes O.B. Rawls IV, CEO and president of iPayment.
New policies in China and Hong Kong may be a way to clear the path for those issuers that wish to launch legally compliant and responsible token sales, writes Joshua Ashley Klayman, an attorney at Morrison Foerster.
Head of treasury services product strategy for commercial banking
JPMorgan Chase
The benefits of adopting an end-to-end payments solution are substantial and will help businesses collaborate with vendors and customers, while saving time and money, writes Stephen Markwell, head of treasury services product strategy for commercial banking at JPMorgan Chase.
As ISOs evaluate payment partners, it’s important that to dig into their existing tools and also gain an understanding of what the company’s continued investment is going to be for the future, writes O.B. Rawls IV, CEO and president of iPayment.
SourceMedia's PayThink conference is an annual gathering of key decision-makers in the financial services and payments industries. This year's event, which took place in Phoenix this September, brought several key ideas to light.
While the payments industry may believe a "breach fatigue" has set in, it may have been the expectation of a cowed and apathetic public that partly led to Equifax’s maligned response after its data breach was finally made public.
Feedzai’s CTO, Paulo Marques, explains why he hasn’t seen an organization succeed yet. In this report, he dispells some of the myths around building a machine learning system, from his vantage point at the helm of an organization that has spent years to build the most advanced machine learning for risk.
In the digital banking era, a transformation is taking place with financial institutions offering new, and more convenient digital channels and services.
