In a move that aims to bolster the security of electronic payments and transfers, Credit Europe Bank has implemented the Confirmation of Payee Service known as SANB (Serviciul Afișare Nume Beneficiar). The new feature enhances transaction security in lei via the bank's Internet and Mobile
The Barings Bank collapse remains one of the most notorious financial scandals in modern history. The scandal centered around rogue trader Nick Leeson, whose fraudulent activities led to the bankruptcy of one of the United Kingdom's oldest banks. A key episode in the podcast series "The
A letter from House Republicans on the House Financial Services Committee to federal regulators has sparked a debate over the balance between regulation and innovation in bank-FinTech partnerships. Addressed to the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the
European Banks Struggle to Meet 2025 Instant Payment Regulations European banks are grappling with significant challenges as they gear up to comply with the European Union's new instant payment regulations slated for 2025. These stringent regulations mandate that banks must process payments
Financial success isn't limited to high earners—it’s achievable for anyone who employs smart strategies regardless of income level. Whether you’re just starting out or looking to grow your existing wealth, several universal principles can guide you toward financial stability and growth. By focu
In a significant move for the financial sector, Treasury Prime, a leading embedded banking software provider, has announced a strategic partnership with Greenlite, an AI-driven compliance platform. This collaboration seeks to bolster anti-money laundering (AML) and risk management capabilities
