It’s amazing how many efficiencies online services bring to daily life. It’s especially bewildering when you consider how, culturally, many of the things we take for granted today were largely unheard of just decades ago.
The news that German payments and digital banking firm Wirecard was insolvent sent shockwaves through much of the industry but, as with any corporate scandal, the contours of this one are already quite well known. Compared to entities like Enron and Worldcom, it would seem that Wirecard had engaged in…
Digital banking is changing the financial industry forever and it seems like the trends kicked off by the ubiquity of the smartphone and apps is only getting faster during this unique economic time period. In fact, the Sydney Morning Herald credits the novel coronavirus and the pandemic with speeding up…
Online dating is nothing new to the Internet, though its recent explosion in popularity has many people taking a second look at the segment. Both services consumers and business professionals. Fueled by both a rise in connections to the Internet via smartphones as well as digitization and globalization, the online…
Every year in business comes with its own set of unique challenges, but none more so than 2020. While many analysts could never have anticipated the impact of the novel coronavirus pandemic on the world economy, there is a general consensus about what firms can do now and moving forward…
Banking services have changed a great deal over recent years. Technology has given companies more choice than ever before, enabling businesses to access banking service more easily and tailor solutions to better suit their needs. A virtual IBAN account is a modular and innovative solution that enables this type of…
Fraud has moved past the concept of identity theft. As Notre Dame Federal Credit Union recently found out, financial institutions are not just fighting crime based on stolen identities. Fraud is being committed in the name of people who never existed in the first place. It’s called synthetic identity fraud…
Merchants now have the ability to pay in 134 currencies from their Monneo virtual IBAN accounts. Research suggests that merchant demand for cross-border payments will increase 7% from 13.5 billion in 2019 to 14 billion by 2023. ‘We are pleased to be extending our international payments capabilities for merchants beyond…
In 2020, newly introduced regulations drove pivotal change and created an opportunity in the payments and banking sector. Regulated financial institutions are required to comply with additional rules to satisfy the need for security and protection of consumers, business and the industry. While many regulated players such as PSPs, ISOs,…