FircoSoft has announced a number of new customers in the Middle East through its partner Allied Engineering Group (AEG), based in Lebanon. Reinforced regulations on illegal trafficking to fight money laundering and terrorist financing put strong pressure on financial institutions in the Middle East, where banks, insurances and brokers keep improving compliance with international AML regulations. AEG and FircoSoft joined forces to offer OFAC-Agent Suite, a watchlist filtering solution, to Middle East financial institutions. The suite is designed to remove the risk of processing illegal transactions and detects high-risk financial customers, with real-time transaction filtering and customer information file filtering. With AEG, the suite has seen 14 deployments in 14 months.
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