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.
Economic Sanctions against Russia
Economic Sanctions against Russia US economic sanctions against Russia: On 21st February 2022 Presidency of the USA declared and issued Executive Order(EO) for banning any financial transactions in relation with the Luhansk and Donetsk Regions. Following days, USA issued economic and financial restrictions and prohibitions towards Russia due to military attacks on Ukraine: [...]
Benefits of Payment Pre-validation in Cross-border Transactions
Benefits of Payment Pre-validation in Cross-border Transactions The financial messaging service provider, SWIFT, introduced a new financial service called Payment Pre-validation in July 2021 that improves cross-border real-time payment validation by minimizing frictions, verifying the information beforehand, and reducing the cost stemming from errors or misinformation. The real-time API-based system of Payment [...]
3rd MENA RegTech DUBAI Event
3rd MENA RegTech DUBAI event will take place on 8th of February 2022 at Dusit Thani Dubai. Fineksus will be the Silver Sponsor of 3rd MENA RegTech in Dubai, UAE which will be held on-site on February 8th, 2022 and will be streamed virtually online. The on-site event will take place at [...]
4 AML Trends to Follow Up in 2022
4 AML Trends to Follow Up in 2022 2021 was a challenging year for the financial industry in terms of the increasing threats of financial crimes and the expanding scope of the regulatory requirements. As a result, the focus of the regulatory bodies was on the Anti-Money Laundering (AML) compliance and how [...]
5 Scandalous AML Anti-Money Laundering Fines in 2021
5 Scandalous AML Anti-Money Laundering Fines in 2021 The United Nations estimated that the cost of global money laundering annually is between $800 billion - $2 trillion which makes up 2-5% of global GDP. Unfortunately, only 1% of the money laundered can be detected and acted upon by the authorities. In order to [...]
ISO 20022 and SWIFT Customer Security Program
Webinar: ISO 20022 and SWIFT Customer Security Program Watch Now Fineksus, in collaboration with SecureWay, will be hosting a webinar on ISO 20022 and SWIFT Customer Security Program, which will be held virtually on December 15th, 2021. Fineksus is a market leader of financial messaging in cross-border payments and AML [...]
Opportunities and Challenges of New Technologies for AML/CFT
Opportunities and Challenges of New Technologies for AML/CFT The new and innovative methods, procedures and technologies are being developed constantly for the purpose of the successful, effective and up-to-date implementation of AML (Anti-Money Laundering) and CFT (Combatting the Financing of Terrorism) requirements. Recently, on November 26th, 2021 I was a panel speaker for [...]
1st Compliance Conference
1st Compliance Conference Watch Now Fineksus will be among the main sponsors of the 1st Compliance Conference on November 26th, 2021. Compliance function plays a critical role in the effective management of compliance risks, the prevention of fines, financial and reputational losses in today's world where regulations concerning compliance in [...]
Fineksus and Ritmus AZ are the General Sponsor of V International Banking Forum in Baku, Azerbaijan.
V International Banking Forum Fineksus and Ritmus AZ are the General Sponsor of V International Banking Forum in Baku, Azerbaijan. Fineksus, in partnership with Ritmus AZ, will become. the General Sponsors of V International Banking Forum in Baku, Azerbaijan which will be held on December 08th-09th, 2021. The on-site event will take place [...]
Sibos 2021 Highlights
Sibos 2021 Highlights SIBOS is the world’s premier financial services event hold by SWIFT where the global financial community comes together each year to hold annually to identify the trends in the payments industry, to visualize the future of cross-border payments and to keep up with the most recent innovative solutions such as AI [...]
