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.
How KYC and CDD are related?
How KYC and CDD are related? KYC and CDD are two terms that are often used together. KYC leads to CDD in the verification of consumer information. Previous KYC processes have evolved into CDD practices. Previously, the KYC procedure was ineffective in preventing illegal behavior. This resulted in the creation of software that [...]
Updated Sanctions against Russia
Updated Sanctions against Russia Updated Sanctions against Russia Russia’s invasion over Ukraine resulted in the country facing new financial, trade and technology sanctions for the purpose of cutting off the financing of the war. Since Russia is a leading energy producer with its oil and gas sources, imposing sanctions against Russia and [...]
2022 AML Anti Money Laundering Trends
2022 AML Anti Money Laundering Trends The Anti-Money Laundering industry has seen many highs in 2021, from novel technologies being invented to combat financial crime to Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) regulators taking actions like the FATF endorsing AI-enhanced transaction monitoring. However, it appears that these attempts have had little effect [...]
What is Dow Jones Sanction List?
What is Dow Jones Sanction List? Dow Jones Risk & Compliance is a global provider of regulatory compliance and third-party risk management solutions. Working with customers all across the world, they've developed technologies and services to help businesses analyze third-party risks more quickly and confidently. Dow Jones Risk & Compliance's independently certified sanctions [...]
Anti-Money Laundering Guide for FinTechs
Anti-Money Laundering Guide for FinTechs AML for FinTechs is very important. FinTech uses innovative technologies to enhance and automate financial services. It attempts to compete with traditional financial services techniques since technology has advanced and old methods are no longer enough, hence the financial sector requires FinTech and its solutions. FinTech has advanced [...]
How to conduct a Sanction Scan?
How to conduct a Sanction Scan? Sanctions are punishments that are imposed on persons or organizations who violate laws or norms. Governments or global organizations usually impose sanctions on other countries or persons. A sanction scan is used to avoid transactions with people who are barred from participating in specific transactions and activities. [...]
Anti-Money Laundering Guide for Exchange Houses
Anti-Money Laundering Guide for Exchange Houses Foreign currency exchange service providers should apply AML program for exchange houses. Foreign currency exchange (FX) is a common way for money launderers who aim to attack a variety of service weaknesses. The growing volume of FX businesses in the banking and commercial sectors, on Main Streets [...]
Smart Insurance Awards 2022
Countdown begins for the Smart Insurance Awards 2022. Fineksus is a sponsor of the Smart Insurance Awards in Istanbul, Turkiye which will be held live on 23rd June 2022 at İş Sanat Kültür Merkezi, Levent. Smart Insurance Awards 2022 will cover innovative projects in the insurance industry while hosting two-panel discussions that [...]
12th MEBIS Middle East Banking Innovation Summit
12th MEBIS Middle East Banking Innovation Summit in Dubai Fineksus will be the Bronze Sponsor of the 12th MEBIS Middle East Banking Innovation Summit in Dubai, UAE which will be held live on 25th and 26th May 2022 at Le Méridien Dubai Conference Centre. 12th MEBIS will gather banking and financial services [...]
Russia and Belarus related Worldwide Sanctions
Russia and Belarus related Worldwide Sanctions The European Commission welcomes Member States' agreement today to impose additional targeted measures due to Russia’a invasion in Ukraine and Belarus's role in this aggression. The new measures, in particular, impose restrictive measures on 160 persons and alter Regulation (EC) 765/2006 on restrictive measures in light of [...]
