Category: Real-time Intelligence

Dynamics-of-digital

Staying ahead of the digital curve with real-time decisioning

Dynamics of digital Financial institutions used to be the last candidates for change when it came to technology adoption. But over the recent past the banking sector has seen a dramatic ‘digital’ transformation given a discerning and demanding ‘digital’ generation, ferocious competition and a briskly evolving regulatory landscape. From a customer’s perspective, a bank that has gone digital should be able to, at a minimum, instantly provide...

What is a SWIFT Code

SWIFT Codes Under Attack: How Safe Are Banks?

Gone are the days when ski-masked felons would barge into banks with guns cocked and order everyone to get down. With the internet becoming ubiquitous and as banks and technology have evolved, so has financial crime. The modern scarfaces operate from the comfort of an undetectable pad half way across the world. They are high IQ, tech-savvy and their only weapons are their brains and their gadgets....

AML as a Service

AML as a Service

AML as a Service Past few months have seen a lot of activity from regulators, bankers and industry bodies alike towards curbing money laundering. Rules are becoming stringent and reporting more accurate. Then there were hefty fines levied on certain banks for non compliance with AML guidelines. During our conversation with bankers, it consistently emerged that bankers have AML compliance as one of their top priorities. This...