Swift Payments and Transaction Screening

By |2022-12-28T11:59:58+03:00September 14th, 2022|

Swift Payments and Transaction Screening When a global financial transaction is made, a SWIFT code may be necessary to tell banks and financial institutions where to transfer the money. The SWIFT code is used by banks and money transfer businesses to determine where to transmit money on a global scale. The SWIFT code [...]

Updated Sanctions against Russia

By |2023-08-09T17:27:32+03:00June 30th, 2022|

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 [...]

Smart Insurance Awards 2022

By |2022-06-20T14:56:21+03:00June 16th, 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 [...]

Pros and Cons of Central Bank Digital Currencies (CBDCs) in Cross Border money transfers

By |2023-08-09T17:29:46+03:00April 29th, 2022|

Pros and Cons of Central Bank Digital Currencies (CBDCs) in Cross Border money transfers Central bank digital currencies are digital tokens issued by a central bank that is comparable to bitcoin. They are based on the value of the country's fiat currency. CBDCs are being developed in several nations, and some have [...]

Benefits of Payment Pre-validation in Cross-border Transactions

By |2023-08-09T17:30:08+03:00February 28th, 2022|

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

By |2022-02-03T16:55:59+03:00February 3rd, 2022|

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 [...]

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