Money makes the World go round. While that is a lyric to a famous song, it holds a lot of truth; money, as a transmitter of energy, powers our personal economic lives and enables the global economy. Through its transfer between individuals and entities, we can deliver that economic energy almost anywhere on the planet.

What’s the most valuable audience? Your existing one, of course! But to expand, many financial services companies are pursuing millennials; in broad terms, they haven’t locked in their choices yet, they have their largest spending years ahead of them and they are a huge market opportunity. For example, and they’re inline to inherit 30 trillion dollars.

For any company doing business internationally, a robust system for performing sanction checks ensures legal compliance and reduces the risk of fraud or illegal funds entering your payment process. Has your business ever tried to cash an international check? Depending on all the parties involved — different countries, banks, clients, transfer methods — it can

We’re back this year at FinovateFall 2016! On September 8th, join Trulioo at the Hilton Midtown in New York and discover all the latest cutting-edge technologies in the world of banking and Fintech. The event is a two-day showcase packed with demos and opportunities to create impactful relationships with senior teams from over 70 of

In most Western countries, the ability to easily access financial services using government-issued identification is something that is typically taken for granted. However, in the developing world it’s a very different story. Sub-Saharan Africa has both the highest rate of unregistered births as well as the highest population percentage without legal identification – 43 and

Compliance is Good Business

Tuesday, 26 July 2016

As businesses are faced with greater regulatory demands, companies are placing more emphasis on building stronger compliance regimes. In its 2016 global Cost of Compliance annual survey, Thomson Reuters found that over a third of companies spend at least a full day every week to keep up with the continual changes in regulations. Eighty-three percent

In the fast-paced world of financial technology (fintech), businesses are faced with challenges left and right. Defining product roadmaps, developing a go-to-market strategy, staying ahead of competitors, securing funding, and building up a customer base are all typical challenges faced. Having difficulty getting a bank account, however, is not usually on the list. A survey

Today, nearly every aspect of our lives has been impacted by technology, and banking is no exception. Bank customers no longer need to go to a branch to carry out most types of transactions. Even depositing a check can be done using a mobile phone for many financial institutions. However, despite all of the technological

In the past, whenever someone wanted to open a new account at a financial institution, it involved a lengthy process. First, the person had to fill out an application form that was used to collect any relevant personal information, such as name, address, occupation, and income. And, to prevent account opening fraud, financial institutions would

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