The global banking industry is grappling with an ever-growing threat of financial crimes, particularly money laundering and sanctions violations. The costs and risks associated with these criminal activities are staggering, with an estimated loss of $1.6 trillion, equivalent to 2.7% of the global GDP, due to money laundering alone. Additionally, the rise in sanctioned [...]
The prepaid debit and credit card industry has been steadily growing over the past few years with more businesses getting involved in the prepaid market arena. COVID-19 cannot be overlooked as an influencing factor in this industry, as it has accelerated the need for cash alternatives and overall demand for cards. As a means [...]
Returning for its tenth year on 23-26 October in Las Vegas, premier global event Money 2020, will once again unite C-level executives, renowned speakers, innovators and disruptors from across the world to drive change in the future of money. The event brings together the Payments, FinTech and Financial Services ecosystem to create new and disruptive ways [...]
2020 proved to be a rough year for the financial services industry, with the Covid-19 pandemic bringing with it new challenges and exposing shortcomings within the sector. In 2021, the pandemic has continued to change the way compliance functions operate within organisations; hybrid working policies becoming more prevalent, the increasing [...]
