ACI Worldwide has announced the licensing of its risk management software to ING Direct. The direct retail bank will use ACI Proactive Risk Manager software to ensure low fraud loss rates and aid compliance with local and international anti-money laundering regulations. ING Direct has successfully implemented the software at its operations in Canada, the US, the UK, Australia, France, Italy and Spain. ING Direct sought a flexible solution that would deliver an enterprise-wide view of transaction monitoring that ultimately enhances its ability to combat fraud losses and money laundering in a cost-effective manner. ACI Proactive Risk Manager, a comprehensive monitoring, detection and prevention solution, provides the flexibility required for ING Direct’s implementation within seven individual countries while maintaining worldwide operational synergies via a single solution.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more