Why False Positive Scoring Matters in Modern Transaction Screening? Banks and financial institutions aim for stronger AML controls. The real challenge is not detection, but the noise created by false alerts. These false alerts stem from minor overlaps: a common surname, a partial address match, or a message pattern that resembles a [...]
Distributed Ledger Technology in Banking The financial industry has long operated with duplication. Each bank maintains its own ledger of transactions and spends considerable resources reconciling those ledgers with its counterparties. This constant checking creates cost, delay, and operational risk. Distributed Ledger Technology (DLT) emerged to address these inefficiencies by enabling institutions to [...]
What is Decentralized Finance (DeFi) Decentralized Finance (DeFi) is a financial system built on public blockchains that delivers services like lending, trading, and payments without banks or other intermediaries. Instead, it uses smart contracts — pieces of code that automatically execute transactions — making services accessible to anyone with an internet connection. [...]
ISO 20022 Migration: Strategic Guide to Payments Modernization The November 2025 deadline for cross-border payments modernization is rapidly approaching. Payment operations managers face pressure to cut costs, accelerate investigations, and maintain compliance—all while orchestrating complex technology migrations. The financial organizations that act decisively now will transform operational challenges into competitive advantages through [...]
What is Request to Pay (RTP)? Innovative payment solutions are continually emerging to enhance convenience, control, and efficiency. One such innovation gaining global traction is Request to Pay (RTP). This article explores the intricacies of RTP, its operational mechanics, advantages, global adoption, and its transformative potential in the financial landscape. What is [...]
Largest Anti-Money Laundering (AML) Fines in 2024 Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations form the foundation of integrity in the global financial system. These measures serve as essential safeguards, preventing criminal activity—including drug trafficking, corruption, fraud, and terrorism—from infiltrating legitimate markets. In 2024, regulatory bodies worldwide intensified [...]
Fineksus to Exhibit as Silver Sponsor at Sanctions Compliance, AML and CTF for Banking and Finance in the Middle East Conference Fineksus, a leading provider of advanced AML compliance and financial messaging solutions, is pleased to announce its role as a Silver Sponsor and Exhibitor at the Sanctions Compliance, AML and CTF [...]
How Generative AI is Changing Banking? Generative Artificial Intelligence (AI) is transforming the banking sector by driving unprecedented efficiencies and changing traditional processes. It is critical for financial institutions to understand the wide range of changes that are underway. This article explores how generative AI is reshaping banking, focusing on key applications, benefits, [...]
Top Payments Trends in 2025 The payments world is evolving at lightning speed. As we enter 2025, several payments trends are reshaping how money moves globally. From real-time payments to AI-powered security, these advances are crucial for fintech disruptors and compliance professionals alike. By 2025, several significant trends will profoundly affect the payments ecosystem, rendering an understanding of these trends crucial to staying ahead. Real-Time Payments – Speed Becomes Standard One of the most significant payments trends of [...]
Top Banking and FinTech Trends for 2025 In only a couple of years, the landscape of financial services has been flipped upside down at breakneck speed and has reshaped the way we bank, invest, and ultimately move money across the globe. As of 2025, rapid technological breakthroughs, shifting consumer preferences, and new regulatory frameworks [...]
