Community
Discuss business-related to fintech and/or how financial services can business owners.
As the owner, you will also give up ownership if you leave this group.
Simon Luke UK Country Manager at First AML
Many of us have seen Ozark - where dirty money is directly cleaned through a casino - but just how much of this is based on truth? Historically casinos have been a target for money launderers. They are exposed to significant money laundering risks, including quick or high turnover of cash with minimal betting. Gaming accounts can also be used to s...
24 November 2022 /crime
Luke Watts Managing Director at RoundWorks IT
Make cybersecurity (part of) someone’s job Cybersecurity is far too important to be fitted in as, when and if somebody has the time. Ensure that cybersecurity is properly managed by making it (part of) somebody’s job. This doesn’t necessarily mean that you need to hire in-house IT staff. In fact, there is often a lot to be said for using a manage...
27 October 2022 /security /startups
Max Kent VP of Global Procurement at Compleat Software
Barely a week passes now without further depressing developments compounding the severe cost pressures already being experienced by businesses. In the UK, those developments include the near parity of sterling with the US dollar, further pushing up the cost of trading for many companies. Responding to the UK Chancellor’s ‘Mini Budget’ in mid-Sept...
10 October 2022 /payments /cloud
Retired Member
It wasn't that long ago that large elements of society were confused and confounded by millennials, their focus on seeking adventure and experience, and penchant for avocado on toast. But the elders of that generation are now a long way away from that stereotype, marching into their 40’s with all the trappings of previous generations at that age; ...
07 October 2022 /wealth /predictions
What happens in between when customers go to the payment page and when you receive the payment? How does the payment happen? You can thank payment gateways for this. Today, in addition to traditional fiat gateways, crypto payment processors are gaining popularity. We will discuss the differences these services have and the benefits of the crypto p...
29 September 2022 /payments /crypto
The switch to Ethereum PoS, previously known as Ethereum 2.0, can be easily credited as the event of the decade in the crypto industry. Riddled with multiple technical issues and subject to numerous postponements, it looks like the transition is finally nudging closer to its final stage. The announced Ethereum Merge date was between September 13 a...
15 September 2022 /payments /crypto
Cryptocurrencies experienced a brutal loss this year, diminishing by $2 trillion in value since the height of a massive rally in 2021. The value of the top 100 cryptocurrencies on September 5, 2022, is lower than it was nine months earlier. The last similar period of major losses happened between 2017 and 2018, which was largely caused by the abun...
06 September 2022 /payments /crypto
The crypto industry has been subject to a great deal of criticism because of security issues. Hacks, fraud, and other types of activities have caused millions of dollars worth of cryptocurrency to end up in the pockets of criminals. Yet, in reality, many crypto hacks happened not because of blockchains’ failure but due to users’ poor security meas...
18 August 2022 /payments /crypto
While strong customer authentication (SCA) enforcement is still in its early days, it’s already clear that the more robust identity requirements are better protecting ecommerce checkout from fraudsters looking to commit payments fraud. And while that’s indisputably good news, one of the key indicators of SCA’s effectiveness is certainly bad news. ...
04 August 2022 /payments /regulation
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
The focus of SBSB activity is the support of fintech and crypto projects. However the requests of business relocation from Ukraine to some other countries became more frequent lately, because of ongoing military operations. One of my recent clients and a friend of mine, Dmitry, had the same request. It motivated me to write an article with some gen...
04 July 2022 /wealth /markets
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.