FirstCaribbean International Bank is currently implementing the OFAC-Agent Suite, a watch list filtering solution from FircoSoft. The bank has selected two filtering solutions from the Suite that meet their requirements: Firco Messages Filter, integrated into Swift Alliance Access, prevents illegal incoming and outgoing financial transactions to be processed, while Firco OnLine Filter detects high-risk financial customers before opening a new account. This online web filter can be accessed by any branches in Curacao.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.