The leading Bitcoin and Altcoin transfer solutions provider Bitwala has launched a number of business products to bank the crypto economy. Businesses operating with cryptocurrencies will now be able to make quick and cost effective Bitcoin (or one of 44 other cryptocurrencies) to fiat transfers in 22 currencies around the world. Furthermore Bitwala offers a Visa® prepaid debit card for the owner to pay on the go in over 130 countries.

At Money20/20 

Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly search for adverse information on potential and existing customers and to evidence this has been done. Carrying out Customer Due Diligence (CDD) manually on entities which are abroad is particularly demanding.

As the FCA publishes its near final rules on MiFID II and fines a former investment banker for sharing confidential information over WhatsApp, now is a good time to look at why firms need to be able to find content and understand the context of a conversation quickly and easily, irrespective of the applications in use.

I love my smartphone. The variety of tasks that I can complete today using it has taken away the need to use dedicated devices that are now gathering dust in my home. Instead, I stream music and videos, navigate road trips and take amazing, high quality pictures of my adventures (I can share some if you’d like) – all with my phone. But most of all, I love the flexibility to pay with that same device anywhere I’d like while still feeling secure that my credentials are being safeguarded by my bank.

On the 50^th anniversary of the ATM on 27 June, Auriga, a leading supplier of banking technology for 25 years, is urging banks to seize the opportunities presented by the ATM as part of a shifting financial landscape and look at the opportunities the next 50 years bring. 

With the deadline today for full implementation of the Fourth European Anti-Money Laundering Directive (AMLD4), a new report from Consult Hyperion, commissioned by Mitek, reveals that the average UK bank is currently wasting £5 million each year due to manual and inefficient Know Your Customer (KY

GuardiCore, a leader in internal data centre security and breach detection, today announced that Santander Brasil, the largest subsidiary of Santander Group, has selected GuardiCore’s Centra Security Platform to provide advanced data centre security. 

PayU, the global online payment service provider, today announces the launch of its PayU Hub platform. PayU Hub, which conforms to API design principles, aims to use technology to solve the cross-border commerce challenges currently facing merchants looking to grow and scale in high growth markets.