Regulators in France and New York have struck an agreement that will make it easier for their fintech firms to enter each other's markets.

A US federal banking regulator has called for public feedback on the use of cryptocurrencies ahead of what could be a change in the rules on digital banking.

Just under $1.4bn was stolen through various crypto-related scams in the first five months of 2020, according to a report from cyber security firm CipherTrace.

Australian bank Westpac has blamed the failure of its anti money laundering (AML) processes on a mixture of technology and human error rather than any intentional wrongdoing, according to a report commissioned by the bank's former chairman Lindsay Maxsted.

Source: ThetaRay

ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking.

Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.

Source: ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of a series of new capabilities in its UP Immediate Payments solution.