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Frankenstein fraud should shock cybersecurity providers into action
27 Jan 2020

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
20 Jan 2020

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…

06 Jan 2020

New 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…