Singapore banks enhance security to fend off phishing threats
In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.
Google eyes $23bn acquisition of Wiz in major cybersecurity expansion
Google is reportedly close to finalizing its most significant acquisition to date, with cybersecurity company Wiz at the centre of a $23bn deal, according...
Alchemy Pay joins forces with Mastercard to enhance security
Alchemy Pay, a leading fiat-crypto payment gateway, has entered into a strategic partnership with Mastercard, a global technology leader in the payments industry.
UAE’s digital leap: How regulatory sandboxes fuel AML compliance
The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.
eflow Global launches enhanced eComms Surveillance tool
With regulatory fines for inadequate eComms surveillance soaring in 2024, eflow Global has introduced an upgraded version of its AI-driven platform, TZEC.
Navigating the complex world of customer due diligence regulations
Customer Due Diligence (CDD) stands as a cornerstone in the ongoing battle against money laundering and terrorist financing. It compels regulated entities to collect and verify personal details—name, address, date of birth, and government-issued identification—from customers to authenticate their identities and assess potential financial crime risks.
Streamline KYC and AML processes with Muinmos’s AI solutions
In the dynamic world of finance, client onboarding challenges abound, driven by the need to balance enhanced customer experiences against stringent compliance requirements.
Understanding emission factors: Key to accurate GHG reporting
Emission factors are critical for precisely calculating a company's greenhouse gas (GHG) emissions. These representative values quantify the climate impact of various products and processes, and are fundamental in the world of carbon accounting.
Rising demand for Open Banking: Security and privacy lead consumer preferences
As Open Banking continues to redefine payment methods, emerchantpay's latest research highlights the driving factors behind consumer choices at online checkouts.
Rising regulatory challenges propel the necessity for robust entity verification
In today's intricate business environment, understanding the entities with which companies conduct business is becoming increasingly vital.
