The Bureau of Consumer Financial Protection (Bureau) today announced a settlement with Cash Express, LLC, a small-dollar lender based in Cookeville, Tenn., that offers high-cost, short-term loans, such as payday and title loans, as well as check-cashing services. Cash Express owns and operates approximately 328 retail lending outlets in four states: Tennessee, Kentucky, Alabama, and Mississippi.  

Nordea’s General Meeting decided earlier in 2018 to establish a nomination board with the task of presenting to the Annual General Meeting 2019 proposals concerning election of members of the board of directors, chairman of the board of directors and remuneration to the board members and auditor.

The four largest shareholders in terms of votes who wish to participate in the nomination board are entitled to appoint one member each. In addition, the chairman of the board of directors participates in the nomination board.

You may not believe it, but IT workers are the second most active profession behind accountants. It’s a tough gig – from meeting dynamic business requirements, to making the case for new technologies to the board and maximising return on IT investment.  Work in this industry can be hands on. In a professional world currently in a state of flux, IT workers play a crucial role in helping organisations supersede challenges. 

We are pleased to be reporting both our first and second quarters along with the six months ended June 30, 2018, results, and we feel the appointment of John London as Interim CFO will streamline our financial reporting process moving forward.

Eight leading financial technology (fintech) companies presented their solutions and services to top banking, insurance, venture capital and technology executives today at the fifth annual Accenture (NYSE: ACN) FinTech Innovation Lab Asia-Pacific Investor Day, which highlighted the evolution and growth of the industry.

Trade-based money laundering can create a barrier to entrepreneurship, crowding out legitimate economic activity. Hazem Mulhim, EastNets CEO writes about the suspicious activities banks must watch for, and how automation can help fight this exploitation.

LexisNexis® Risk Solutions today at Sibos, the world’s premiere financial services event, released its cybercrime insights report for Australia and New Zealand (ANZ).

The report was created using statistics of actual cybercrime attacks originating to and from the ANZ region, during April to June 2018. These results are the most current available. The ThreatMetrix® Digital Identity Network® (“The Network”) detected the attacks during realtime analysis and interdiction of fraudulent online payments, logins and new account applications.

Banca Popolare di Sondrio launches its new instant payments service aimed at its customers, private and business, thanks to SIA’s “EasyWay” digital platform directlyconnected to EBA Clearing’s pan-European system for instant payments, RT1.

The past 12 months have seen many rush into cryptocurrency investment, guns blazing. Following the initial rise and fall in 2017, the general consensus is that a solid base is forming in the price of cryptocurrency and it’s right to hold (or ‘HODL’) onto the asset as we see what comes next. The problem with this approach is that those having considerable assets tied up in crypto now find themselves with limited options for generating returns from their capital. 

iGTB partnership with Bolero