Insights2021-05-05T16:01:51+03:00

Insights

Insights

Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.

Here are the latest trends and insights along with emerging technologies that are shaping the Finance Industry through the eyes of Fineksus team.

Fineksus is a SIBOS 2021 Partner

Fineksus is a SIBOS 2021 Partner Fineksus has become a SIBOS 2021 Partner to virtually share innovative ideas on October 11th-14th, 2021 covering the topics of future of transaction monitoring and screening supported by the AI-powered solutions as well as the journey of the seamless payments with a more secure and effective financial messaging [...]

By |September 17th, 2021|Categories: Media|Tags: |

Payments Hub for a FrictionlessPayments Landscape

Payments Hub for a Frictionless Payments LandscapeIncremental increase in the number of international banking institutions and naturally in the inclination towards international transactions as a result of the evolution in the global trade pointed out that the current payments infrastructure needs an update in the direction of reducing fragmentation and achieving a more unified approach. [...]

By |September 17th, 2021|Categories: Infographic|

SWIFT Customer Security Programme

SWIFT Customer Security Programme What is the Customer Security Program (CSP)? In 2016, the biggest robbery in the banking history was organized by cyber attackers by breaking into the system of the Bangladesh Central Bank. The total amount of transaction instructions was $951M and the Federal Reserve Bank of New York processed the $101M of that [...]

By |August 18th, 2021|Categories: Blog|

2nd MENA Regtech Executive Boardroom

2nd MENA Regtech Executive Boardroom 2nd MENA Regtech Executive Boardroom Event will be held virtually on 7-8 September 2021. Fineksus will be the Strategic Sponsor of this event and company’s delegate & Regional Sales Director; Mr. Serkan Arslan, CAMS; will provide the latest information on industrywide Regtech solutions with AI and Machine Learning Practices in Anti-Money [...]

By |August 11th, 2021|Categories: Media|Tags: |

5 Things That Cryptocurrencies Should Know for Anti-Money Laundering Compliance

5 Things That Cryptocurrencies Should Know for Anti-Money Laundering ComplianceThe whitepaper of “Bitcoin: A Peer-to-Peer Electronic Cash System” by Satoshi Nakamoto which was published in October 2008 introduced a secure electronic payment system via which the users can transfer values to each other without a need to an intermediary party or a financial institution for [...]

By |July 30th, 2021|Categories: Blog|Tags: |

Payments Landscape and the Upcoming ISO 20022 Standard

Payments Landscape and the Upcoming ISO 20022 StandardCurrent Payment ChannelsHigh-value payments (RTGS)Together with the invention of the telegraph in the end of 19th century, wires have started to be used in the communication industry although they have not become mainstream until the beginning of the 20th century. With wires becoming widely used, the high-value payments [...]

By |June 30th, 2021|Categories: Blog|

SWIFT 2021 Standard Changes

SWIFT 2021 STANDARD CHANGES – STANDARDS RELEASE GUIDESWIFT 2021 Standards Changes has a comprehensive Release Guide this year due to postponement of changes in several categories caused by pandemic in 2020. Essential changes include six new message types in Guarantees section of Category 7, besides major updates on mutual message types for Letter of Credits [...]

By |June 14th, 2021|Categories: Blog|

Customer Due Diligence Checklist — 4 Steps to Improve Your CDD

Customer Due Diligence Checklist — 4 Steps to Improve Your CDD Financial institutions are entitled with applying due diligence procedures on their customers to make sure that they are not involved in any activities related to financial crimes. A legitimate and strong Customer Due Diligence (CDD) program is essential to protect the reputation of a [...]

By |May 31st, 2021|Categories: Blog|Tags: |

Financial Cyber Crime: How the System is Failing the Victims

Financial Cyber Crime: How the System is Failing the Victims Financial Cyber Crime Having the Widest Coverage Among All Industries Cyber threats and attacks may differ in their purpose, method and impact; however, the most common ones are malware, hacking, phishing, data extortion and distributed denial of service (DDoS). The attackers’ ultimate aim is to [...]

By |May 21st, 2021|Categories: Blog|Tags: |
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