Category: FinTech

  • Transactions: Avidia Bank selects Q2, Personetics for digital banking services

    Hudson, Mass.-based bank Avidia Bank has selected digital banking service provider Q2 to improve its digital banking capabilities.   The $2.5 billion bank will also tap data-driven personalization fintech Personetics’ AI-driven engagement platform through Q2’s platform, Avidia Chief Marketing Officer at Avidia Bank, Janel Maysonet told Bank Automation News. In selecting Q2, Avidia will gain…

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……

  • July 4th? It’s bank independence day!

    July 4 is always when my American friends give Britain the middle finger and proudly celebrate Paul Revere’s midnight ride that led to Independence Day on July 4, 1776. Great … but what about bank independence day? Most central banks, including the Federal Reserve, are independent of government control. Why and, more importantly, why is……

  • Things worth reading: 4th July 2024

    Things we’re reading today include … A data breach at Evolve is hurting its many fintech partners | American Banker How should RegTechs be preparing for DORA? – FinTech Global Wirecard’s former CFO claims limited dealings with business after 2017 EPI Launches wero, Its Innovative Digital Payment Wallet in Germany, Alongside Founding Members – DSGV……

  • Things worth reading: 5th July 2024

    Things we’re reading today include … 1 Top Cryptocurrency to Buy Before It Soars 13,000%, According to Michael Saylor of MicroStrategy | The Motley Fool Investors in cryptocurrency are more likely to be psychopaths, study claims | Daily Mail Online Revolut’s Uncertain Future in the Asia-Pacific Region | FinTech Alliance (fintech-alliance.com) China’s central bank readies……

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……

  • How China is feeding America’s drug habit through the Mexican drug cartels via the banks

    I find it funny that we talk so much about onboarding, KYC (Know Your Customer) and AML (Anti-Money Laundering), and yet the whole of that system is broken. Every day in every way, everyone is getting around the system. You may think that account opening is hard. You have to send identification documentation; you have……