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Revolut Deploys AI to Combat Card Scams, Reports 30% Fraud Loss Reduction – Fintech Singapore

Global neobank Revolut has rolled out an advanced artificial intelligence (AI) feature designed to shield its 35 million users worldwide from the growing threat...

Realtime Payments: A Threat to Traditional Cross Border Payments

1. Introduction It is no secret to many scholars and stakeholders in the banking industry that technology is quickly reshaping the sector. Indeed, technological advances...

Revolut Introduces AI Scam Detection

Revolut, a fintech company based in the UK, has unveiled a cutting-edge scam detection feature aimed at safeguarding customers against card scams.The newly introduced feature...

Thailand Scraps 7% VAT for Crypto Trading Indefinitely – Fintech Singapore

Thailand’s Finance Ministry has officially removed the 7% value-added tax (VAT) on profits from cryptocurrency and digital token trades. This action, which took...

Navigating the fraud landscape: 6 predictions for the year ahead

The evolving landscape of fraud in the financial sector demands a proactive approach to security. As criminals constantly refine their tactics to exploit vulnerabilities,...

CCData Report: January 2024 Sees Digital Assets AUM Rise Amid US Spot Bitcoin ETF Launches

CCData is an FCA-authorised benchmark administrator and a global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and...

Corporate Payments in 2024: APP fraud, ISO 20022-readiness and generative AI

The start of a new year is a natural time to consider what lies ahead. Here, we look at four key themes in corporate...

How Will a Spot Bitcoin ETF in the U.S. Affect the Rest of the World? – Unchained

The approval of a spot Bitcoin ETF in the United States is likely to help spot ETF offerings — as well as Bitcoin’s...

Open banking must step up its fraud prevention

Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud...

FCA-Authorised Digital Asset Derivatives Venue GFO-X Raises $30m Series B Funding, Led by M&G Investments

M&G Investments is the £332 billion asset management arm of M&G plc Global Futures and Options Ltd (GFO-X), through its strategic partnership with LCH SA,...

BIP Asia Forum and Entrepreneur Day open today

HONG KONG, Dec 7, 2023 - (ACN Newswire) - The 13th Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong...

Crypto.com Secures FCA Nod for E-Money Offerings

Crypto.com has secured authorization as an Electronic Money Institution (EMI) from the UK's Financial Conduct Authority (FCA). This approval has followed Crypto.com's earlier registration as a...

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