Fintech Finance

DECEMBER 14, 2023

The campaign, which will last till December 31, will first be launched for the destinations of Hong Kong SAR, Macao SAR, Japan, South Korea, Singapore, Malaysia and Thailand. Touch ’n Go eWallet, mPay and TrueMoney are ranked top 3 based on month-on-month (MoM) increase of transaction volume in November 2023.

SARS 69

SARS Cross-Border eWallet Cross-Border Payments 69

The Fintech Times

DECEMBER 16, 2023

These e-wallets include Alipay (Chinese mainland), AlipayHK (Hong Kong SAR, China), Touch ‘n Go eWallet by TNG Digital (Malaysia), GCash (the Philippines), and TrueMoney (Thailand). billion payment accounts of over 25 digital wallets, banking apps and buy now, pay later (BNPL) apps.

Cross-Border 67

Cross-Border SARS Cross-Border Payments eWallet 67

The Fintech Times

APRIL 29, 2024

Frankly, not enough has changed since then, at a time when payment systems have never been so interconnected, money flows have never been at such a high volume, the speed of cross-border payments has never been so fast, and the risks to society from organised crime and terrorism have never been so high. million SARs to the U.S.

Money Laundering 76

Money Laundering AML SARS Financial Crimes 76

The Fintech Times

APRIL 29, 2024

It is also the first time since February 2020 that the number of foreign tourists to Jeju has exceeded 100,000 per month for three consecutive months. According to the Jeju Tourism Organization, 377,734 foreign tourists visited Jeju between January and March this year, up 532.5 per cent from 58,609 during the same period last year.

SARS 70

SARS Online and Mobile Banking eWallet Mobile Payments 70

FICO

NOVEMBER 27, 2019

High-volume. Our experiences have shown that these technologies can increase the number of SARs by 20% while at the same time producing efficiency gains of 30% in alert and case management. Repeatable manual tasks are typically. Time-consuming. Prone to error. Based on clearly defined rules and criteria.

Financial Crimes 52

Financial Crimes Crime Compliance AI 52

FICO

MAY 20, 2021

RPA is essential for this transformation to achieving efficiency by automating repetitive, high-volume processes with many manual tasks and data collection and thus allow their human resources to focus on other high-value tasks. in 2020 and AML program violations ended 2020 with record fines. Data collection.

Financial Crimes 52

Financial Crimes AML Crime Automation 52

FICO

OCTOBER 25, 2021

However, less than one percent of global criminal proceeds is confiscated, underscoring the challenge of separating huge volumes of unsuspicious transactions from the truly criminal. billion in AML-related fines and penalties in 2020. Against these and other pressures, banks face an urgent need to improve their AML defenses. .

AML 52

AML Suspicious Activity Report (SAR) Money Laundering SARS 52