Financial Crimes and Payments Institute

6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

OCTOBER 31, 2024

Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies. Triple-A is another Singaporean company included in FXC Intelligence’s Global Most Promising Cross-Border Payments Companies 2024 list. It claims more than 20,000 business customers.

Cross-Border Payments

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency

Finovate: FICO Falcon X Detects Fraud, Financial Crime

FICO

SEPTEMBER 27, 2019

Streamlining fraud detection and anti-money laundering (AML) processes is essential in fighting financial crime faster and more effectively. We heard this message loud and clear at Finovate in New York City this week, as we have from banks and financial institutions worldwide. The real-time financial crime threat is real.

Financial Crimes

Financial Crimes Crime Fraud Detection Money Laundering

The FCA’s latest ‘Dear CEO’ letter – Key priorities for payments firms

Neopay

FEBRUARY 5, 2025

This latest communication is particularly relevant to firms authorised under the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and Registered Account Information Service Providers (RAISPs).

Fraud Prevention

Fraud Prevention Financial Crimes Compliance Payments

Webinars

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

MORE WEBINARS

FCA Supervisory Activity Infographic

Neopay

MAY 31, 2024

The Financial Conduct Authority (FCA) significantly increased its anti-money laundering (AML) and counter-terrorist financing (CTF) supervision activity in 2022-23. full-time financial crime specialists, with a significant portion dedicated to supervising crypto-asset businesses. During this period, the FCA employed 52.8

Financial Crimes

Financial Crimes AML Money Laundering Crime

This Week in Fintech: TFT Bi-Weekly News Roundup 08/04

The Fintech Times

APRIL 8, 2025

Plaid , a payment institution regulated by the Financial Conduct Authority (FCA), has raised around $575million in a fundraise led by Franklin Templeton , alongside Fidelity Management and Research. Hawk , a European AI company focused on combating financial crime, has also annouced a major new funding round.

FinTech

FinTech Settlement AI Non-Bank

Visma Connect and FICO offer anti-financial crime software in Europe

The Paypers

SEPTEMBER 25, 2019

(The Paypers) Visma Connect has teamed up with FICO to enable the delivery of FICO’s Anti- Financial Crime solutions for KYC, AML and real-time sanctions screening to banks, fintechs, and payments institutions.

Financial Crimes

Financial Crimes Crime AML Payments Institute

The Future of Fintech M&A – Insights from Industry Leaders on Consolidation Trends

The Fintech Times

DECEMBER 6, 2024

.” Consolidation amid economic and regulatory challenges Stphane Dehaies, CEO of Spendesk Financial Services Stphane Dehaies , CEO of Spendesk Financial Services , a licensed payments institution, builds on this view. We witnessed more than 50 elections that I expect will shape the economy in 2025. .

FinTech

FinTech Embedded Payments Compliance Money Laundering

Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

JANUARY 24, 2024

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued.

Service Provider

Service Provider Cryptocurrency Payments Institute Stablecoins

FCA Authorisations: How are things changing? Are things improving?

Neopay

JUNE 27, 2024

Many in financial services have been concerned that some elements of the FCA’s more stringent approach may not always be justified by reductions in financial crime and money laundering or consumer protection. Compliance with AML and Financial Crime Regulations AML and financial crime compliance is a top priority for the FCA.

Financial Crimes

Financial Crimes Money Laundering Compliance Crime

UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle

PYMNTS

JULY 9, 2020

“The sector has reached the scale where more regulation is required,” Matt Hopkins, audit director at BDO, the global financial advisory firm, told the newspaper. This is the end of light-touch regulation of e-money and payment institutions.” .

Rules

Rules Third-Party Service Provider Money Laundering Regulations

FCA Dear CEO letters outline APP fraud reimbursement expectations

Neopay

OCTOBER 10, 2024

The new rules, effective as of 7 October 2024, are aimed at reinforcing the UK financial system’s ability to detect, prevent, and manage fraud, as well as ensure that customers are reimbursed in a timely manner. These letters outline specific expectations for payment institutions, e-money institutions, banks, and building societies.

Due Diligence

Due Diligence Fraud Prevention Financial Crimes Compliance

Finovate Global Philippines: Mynt’s Millions and Opening the Door for More Digital Banks

Finovate

AUGUST 9, 2024

Latin America and the Caribbean Uruguay-based cross-border payments platform dLocal forged a strategic partnership with cross-border payments company iTransfer. Canadian fintech Nuvei agreed to acquire Brazilian licensed Payment Institution, Pay2All. Mexican fintech Stori secured $212 million in equity and debt funding.

Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT) Cross-Border Payments Financial Inclusion Cross-Border

GC24/5: Authorised Push Payment Fraud: enabling a risk-based approach to payment processing

Neopay

SEPTEMBER 26, 2024

We’re also consulting on changes to the Approach Document, which explain how we expect PSPs to address suspicious inbound payments while continuing to process payments quickly and efficiently. Source: FCA The post GC24/5: Authorised Push Payment Fraud: enabling a risk-based approach to payment processing appeared first on Neopay.

Process

Process Risk Law Enforcement Consulting

The global impact of money laundering in 2024

Neopay

JULY 18, 2024

Industry-Specific Statistics Payment Institutions: In 2022, about 68% of European anti-money laundering supervisors identified significant risks in the payments industry. Sub-Saharan Africa: This region suffers from high money laundering risk due to corruption, poor transparency, and weak rule of law.

Money Laundering

Money Laundering AML Crime Cryptocurrency

Payments Space

6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Finovate: FICO Falcon X Detects Fraud, Financial Crime

The FCA’s latest ‘Dear CEO’ letter – Key priorities for payments firms

Webinars

FCA Supervisory Activity Infographic

This Week in Fintech: TFT Bi-Weekly News Roundup 08/04

Visma Connect and FICO offer anti-financial crime software in Europe

The Future of Fintech M&A – Insights from Industry Leaders on Consolidation Trends

Here Are All The Licensed Crypto Services Providers in Singapore

FCA Authorisations: How are things changing? Are things improving?

UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle

FCA Dear CEO letters outline APP fraud reimbursement expectations

Finovate Global Philippines: Mynt’s Millions and Opening the Door for More Digital Banks

GC24/5: Authorised Push Payment Fraud: enabling a risk-based approach to payment processing

The global impact of money laundering in 2024

Stay Connected