Category: Regulatory & Compliance
Building the business case for Confirmation of Payee
Lest you don’t believe that payment security innovation isn’t necessary, consider this payments nightmare straight out of the September 1 issue of The Guardian. It tells the story of a poor bloke who took out...
SIBOS 2021: SWIFT evolves to keep pace with market changes
As it wraps SIBOS, its flagship event, SWIFT finds itself at an exciting juncture in its evolution. The world of cross-border payments, financial messaging, and new technology like instant payments and digital currencies has changed...
SIBOS panelists weigh in on fraud and financial crime fight
When it comes to fraud and financial crime, the good guys have momentum, aided by new technology and increased vigilance among banks as well as corporates. But on the flip side the numbers don’t lie....
Brexit brings early changes to UK banking
To the rest of the world, Brexit has looked something like a celebrity divorce. There are colourful characters, innocent victims and big financial consequences. However, for the payments and banking businesses in the UK, this...
In the Fight against Financial Crime, Compliance and Fraud Join Forces
In a recent ACAMS* roundtable session titled Yesterday, Today and Tomorrow: The Path to AML and Fraud Fusion, three experts from Bottomline discussed the rising juxtaposition of compliance and fraud and risk management to show...
Navigating the Era of Cybercrime as a Service
Just as banks are digitally transforming their operations, criminals have digitally transformed the way they rob banks. No longer does a crook walk into a bank branch with the hope of getting away with thousands....
To Glimpse the Future of Payments, Look at APAC Today
Asia Pacific (APAC) is playing a key role in the exciting journey to digitization, especially in the consumer payment space. This dynamic region spans huge distances, with many countries and multiple currencies. Asia Pacific has...
The Future of Global Payments and Banking: What Are the Experts Saying?
Bottomline Technologies recently released its second annual look into the future of global payments and banking. The eBook, sponsored by Visa and the Fintech Power 50, is a treasure trove of insights and predictions from...
Open Banking in the U.S.: Ready for Business? Part 1
Part 1: What is Open Banking? Conversations about open banking abound today, but comparatively few about open banking in the U.S. and the impact it will have. Primarily regulation-driven open banking initiatives in the U.K.,...
Open Banking in the U.S.: Ready for Business? Part 2
Part 2: What Challenges Will Be Faced? So what difficulties will open banking in the U.S. pose for financial institutions and beyond? Challenges include a relatively complex regulatory environment, with both state and Federal-level components;...