Regulators have turned an alert eye on the emerging virtual currency market, and it is only a matter of time before they formulate anti-money laundering and fraud prevention rules specific to the new market.
Wells Fargo worked extensively with ACI Worldwide on simplifying and consolidating processes to comply with Dodd-Frank 1073, but the investment created new efficiencies that they believe offer an edge over the competition.
Wells Fargo worked extensively with ACI Worldwide on simplifying and consolidating processes to comply with Dodd-Frank 1073, but the investment created new efficiencies that they believe offer an edge over the competition.
Wells Fargo worked extensively with ACI Worldwide on simplifying and consolidating processes to comply with Dodd-Frank 1073, but the investment created new efficiencies that they believe offer an edge over the competition.
Western Union Bolsters P2P Payments OperationsJuly 19, 2012With its peer-to-peer electronic transfers business expanding online, Western Union is now partnering with banks around the world to send account based money transfers.
RolloutsMay 07, 2007First Tennessee Bank taps LogicaCMG payments solution Commerce Bank Deploys Fortent's AML System Fifth Third Implements SunGard's Kiodex UMB Deploys Oracle's Siebel Applications
Does Money Need a Passport? May 04, 2005The New York Times recently featured a front-page story about how a working group within the U.S. Treasury has been considering the prospect of accessing banks' logs of international money transfers.
Clearing and Settlement September 27, 2004Technology can be a powerful ally for banks looking to streamline their clearing and settlement processes and mitigate settlement risk. But to effectively compete in the global arena, financial institutions will have to adopt standards and work together.