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New Figures Show AML Enforcement isn’t Slowed by Pandemic, Reveals Kroll
  • Forty-five fines for money laundering failures issued in 2020; on par with 45 issued in 2019
  • Fines for anti-money laundering (AML) failings globally five times higher in 2020 than 2019, totalling USD 2.2 billion
  • Total fines for AML failings in January – June 2021 stand at 45% of 2020 total, totalling USD 994 million
Monday, August 23, 2021 - 10:00
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/news/compliance/new-figures-show-aml-enforcement-isnt-slowed-pandemic-reveals-kroll
Financial IT
Decimal Technologies Partners With Ujjivan Small Finance Bank to Digitise Loan Origination With Saarathi

Decimal’s first banking partnership for Saarathi expedited loan sourcing and processing for Ujjivan Small Finance Bank during restrictive lockdowns

Monday, August 23, 2021 - 09:39
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/news/banking/decimal-technologies-partners-ujjivan-small-finance-bank-digitise-loan-origination
Financial IT
One of the Latest Banks to Join the Growing Islamic Banking Sector in Ethiopia, Hijra Bank Awards Core Banking Platform Contract to Software Giant Path Solutions

After receiving the green light from the National Bank of Ethiopia (NBE), Hijra Bank, the second fully-fledged interest-free bank in the country has engaged in a highly competitive bidding and selection process which resulted in the selection and signing of an agreement with Path Solutions for the implementation of its AAOIFI-certified core banking platform.

Monday, August 23, 2021 - 09:28
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/news/banking/one-latest-banks-join-growing-islamic-banking-sector-ethiopia-hijra-bank-awards-core
Financial IT
Nisir Microfinance Institution Goes Live in 70 Days on ICS BANKS
Monday, August 23, 2021 - 09:16
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/news/banking/nisir-microfinance-institution-goes-live-70-days-ics-banks
Financial IT
BUY GOLD SELL AUS

Market Trading Alert

It is not possible to trade and invest in markets at the moment, without taking into account the rise of Delta around the world.

For Australia, the economic shutdown is intensifying.

What is happening in Australia, may be a pattern that will be repeated elsewhere.

Monday, August 23, 2021 - 07:38
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/blog/trading/buy-gold-sell-aus
Financial IT
Majic To Host Online Presentation of CGCX

Majic Wheels, Corp. (OTC Pink: MJWL) ("Majic" or the "Company"), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announces it will be hosting an online presentation of its wholly owned subsidiary CGCX.

The Presentation will be hosted on the
Majic Wheels Corp, Inc. website on
August 22nd, 2021, at 19:00 Eastern Time

Friday, August 20, 2021 - 19:03
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/news/cryptocurrencies/majic-host-online-presentation-cgcx
Financial IT
Modulus CEO: Walmart’s Latest Hire Shows Continued Interest in Blockchain & Fintech

This week, outlets reported on Walmart’s new job posting for a digital currency and cryptocurrency product lead, however the link to the job has since been retired. According to reports, the company aimed to bring in somebody who would be charged with identifying technology and customer trends, advising on investments needed to capitalize on those trends, and driving digital currency strategy.

Friday, August 20, 2021 - 18:35
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/news/blockchain/modulus-ceo-walmarts-latest-hire-shows-continued-interest-blockchain-fintech
Financial IT
Clearpay Unveils New Analytics Platform for Merchants

Clearpay iQ helps brands capture next generation consumers

Today Clearpay, a leader in “Buy Now, Pay Later” payments (known as Afterpay (ASX: APT) outside the U.K. and Europe), introduced its new merchant analytics platform, Clearpay iQ. With this powerful new tool, brands gain access to valuable customer-centric analytics to help optimise investment and drive growth. 

The Clearpay iQ platform provides:

Easy Data: AI-powered insights, visualisations, and real-time data delivered in one, highly accessible self-service user interface.

Friday, August 20, 2021 - 15:41
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/news/payments/clearpay-unveils-new-analytics-platform-merchants
Financial IT
CEO of Crown Agents Bank on the Role and Importance of Banking for the Economy of Afghanistan and Haiti

Bhairav Trivedi, CEO Crown Agents Bank comments, "Global events over the last two weeks in Afghanistan and Haiti have been life-changing for many people. While very different situations, both countries are in crisis and the need for humanitarian aid is at a breaking point.

Friday, August 20, 2021 - 15:25
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/news/banking/ceo-crown-agents-bank-role-and-importance-banking-economy-afghanistan-and-haiti
Financial IT
Chirag Shah, CEO, Nucleus Commercial Finance Comments on BVA BDRC’s Q2 SME Finance Monitor:

The last 18 months have presented serious challenges for SMEs across the country, with many businesses simply struggling for survival, and so it’s very encouraging to see SME confidence on the rise, with over half now expecting to grow. With lockdown restrictions now lifted, SMEs are in a better place to plan for the future and are looking to external finance as a way to do this. 

Friday, August 20, 2021 - 14:51
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/news/covid-19/chirag-shah-ceo-nucleus-commercial-finance-comments-bva-bdrcs-q2-sme-finance-monitor
Financial IT

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