Search Results for "Monito"
EU Parliament Economic and Monetary Policies Unit Cautions ECB on Digital Currency Launch
The European Central Bank (ECB) is considering launching a retail central bank digital currency (CBDC), seeking improved payment efficiency, innovation and monetary sovereignty. However, there are several concerns about whether a so-called digital euro would be a good idea. Against
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Swissquote Chooses NetGuardian AI Tool to Fight Financial Crime
Swissquote has chosen NetGuardians to enhance fraud mitigation and comply with the AML requirements. The NetGuardians AI-based financial crime solutions will monitor all transactions at the bank and on the digital finance app ‘Yuh’, a joint venture between Swissquote and
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Fintech Support Outsourcing Philippines: Next Level Customer Experience (CX)
The fintech industry has witnessed explosive growth in recent years, revolutionizing the way people and businesses manage their finances. As digital solutions and demand for streamlined financial services surge, fintech companies are seeking new ways to optimize their operations and
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Crypto-Assets: Green Light to New Rules for Tracing Transfers in the EU
On Thursday, MEPs approved with 529 votes in favour to 29 against and 14 abstentions, the first piece of EU legislation for tracing transfers of crypto-assets like bitcoins and electronic money tokens. The text –provisionally agreed by Parliament and Council negotiators in
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EU Rules on Crypto Assets Transfers Set to Tighten
Last week, Members of the European Parliament (MEPs) voted in favour of stricter rules to combat money laundering and terrorist financing, and evading sanctions in the European Union (EU). Among the three significant pieces of anti-money laundering (AML) legislation adopted
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Radar: Top 3 European Wealthtech Trends
By 2030, affluent clients with assets of EUR 100,000 and up will have access to a highly diversified range of alternative assets comprising private debt, venture capital (VC), real assets, and more. They will benefit from highly personalized financial plans
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ECB Survey: Nearly All EU Banks Have Digital Transformation Strategy in Place
Advancements in technology, rising demand for digital solutions and increased competition have prompted European banking incumbents to undertake digital transformation journeys. To understand the status of banks’ digitalization efforts, the European Central Bank (ECB) launched in 2022 two major initiatives
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Taking Stock of CBDCs and the Cross-Border Payments Landscape in Europe
Recent technological innovations and increasing demand for convenience and security have expedited the shift to digital systems, including financial systems. This has become the catalyst for people and businesses to find new ways of interacting and conducting transactions digitally. As
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Global Climate Fintech Funding More Than Doubled to US$2.9B in 2022
In 2022, funding to climate fintech companies reached a new high, totaling US$2.9 billion in venture capital (VC) raised by companies in the sector, new data from CommerzVentures, the corporate venture capital (CVC) arm of Commerzbank in Germany, show. The
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Klarpay’s CTO, on How Payment APIs Have Transformed Transactional Banking
Rapid digital transformation across the retail, banking and fintech industries brought about a tremendous shift in how online businesses conduct their transactions. Changing consumer demands, together with the pressure to reduce costs and increase efficiency, lead online businesses to increasingly
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