Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news of recent email “phishing” campaigns. Separately, the saga over the alleged...
The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. Deputy Finance Minister Arturo Herrera said the...
HSBC‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. The bank facilitates payments across its American, European and Asia-Pacific...
There was a time when JPMorgan Chase (JPMC) CEO Jamie Dimon didn’t have much in the way of positive things to say about bitcoin. “The currency isn’t...
Amid the battle heating up between Ripple and SWIFT over payments infrastructure, SendFriend, a Ripple partner, gets funding for its cross-border payments efforts. Elsewhere, MUFG...
Artificial intelligence (AI) and machine learning (ML) aren’t part of a far-off future. They are here, and they are at the bank. In fact, 100 percent...
The U.K. may have been “ground zero” for Open Banking, but the collaborative model that brings together traditional financial services players and tech upstarts has...
SWIFT announced Tuesday (February 12) that it opened its Know Your Customer platform, the KYC Registry, to corporate groups. In a press release, SWIFT said that...
OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. This latest round brings OakNorth’s total...