How Digital Banking Solutions Are Reshaping the Banking Industry
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…
What’s Currently “Hot” in the Online Dating Industry?
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…
How Digital Banking Solutions Help Businesses in Turbulent Times: Trends for 2020
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…
Virtual IBAN – What Is It and How Can it Help My eCommerce Business?
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…
Frankenstein fraud should shock cybersecurity providers into action
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…
Monneo expands multi-currency capability
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…
The Latest Anti-Money Laundering Rules (5AMLD) Lead Regulatory Changes in 2020
New regulations have driven pivotal change and created opportunity in the payments and banking sector. As the market has developed, regulated financial institutions have been 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…