Sepaga EMI, licenced by the central bank of Cyprus to provide financial services for liquidity and foreign exchange, has integrated AU10TIX 2nd generation ID authentication and onboarding cloud services. The AU10TIX BOS platform which already powers global majors will help Sepaga streamline customer acquisition, while strengthening fraud protection and KYC compliance and improve operating efficiency.
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Foreign exchange participants are getting a crash course in ethical behavior.
With the release of the FX Global Code for the wholesale foreign exchange market last month, the FX industry is counting on a single set of guidelines to prevent bad behavior in currency trading.
Launched by the Bank International Settlements on May 25 in London, the final release caps a two-year effort by central bankers in the FX Working Group (FXWG) and private sector Market Participants Group (MPG) from 16 jurisdictions around the globe.
What does it mean to be included? It’s a word we use a lot, but perhaps don’t often stop to break down to consider the real meaning behind it. And there it is – consider. To include someone is to consider them, to involve them, to allow them to share in an activity or privilege, without restriction or limitation. To be included is to feel that you belong, that you are connected, and that you are listened to.
A new collaborative report, released today by Cifas, the UK’s leading fraud prevention service, and LexisNexis® Risk Solutionsan information solution provider that helps organisations assess, manage and predict risk and part of RELX Group, highlights that company directors are one of the most at-risk groups for identity fraud.
Pelican, a global provider of payments and compliance systems for banks and corporates, today launched its ‘plug-and-play’ Open Banking API solution which adds highly configurable Application Programming Interface (API) management and monetisation capabilities to its award-winning Pelican Platform.
Appway Sphere for Banking Geneva, part of Appway’s global event series for clients, partners, and prospects, took place on June 13. The conference explored the business benefits of digitalization and included interactive discussions with digital banking experts, live product demos, and insightful presentations.
With technology rapidly evolving, different sectors are interested in understanding just what tech can do for them. Take Virtual Reality and Augmented Reality; as more and more VR headsets are sold worldwide – BI Business Intelligence predicts sales will reach 50 million by 2020 – the likes of the financial sector are increasingly looking at how to utilise the technology. Despite the tremendous potential it affords, a key question remains: How can financial services incorporate technology in a way that genuinely benefits customers?
If oil was thought to be the most valuable commodity at the beginning of the 20th Century, then data has now assumed a similar role in the post industrial age that is the 21st century. Customer experience is at the heart of the new banking model, and data is its most valuable commodity. Banks have always held vast amounts of data. The problem they have faced is that historically they have not been good at interpreting and extracting insight and value from it.
On September 7, for the first time, the Swedish capital will host a large conference dedicated to blockchain technology and cryptocurrency – Blockchain & Bitcoin Conference Stockholm.
The event is a part of Blockchain & Bitcoin Conference, which is the first and the largest network of crypto conferences in Europe. Organizer is Smile-Expo that holds similar events in the Czech Republic, Estonia, Russia and Ukraine.
Research into consumer adoption of digital services in the UK has revealed that the banking sector is perceived to be leading the way.












