One of the keys to driving down these costs without allowing FRAML to spiral further out of control is enabling real-time industry collaboration, says Clive Gungudoo, MoData’s Director of Financial Crimes and Risk Management.
Banking
Posted inBanking / Rwanda News
Why financial institutions should embrace change and manage their payments mediation
It is this expertise, coupled with the platform’s flexible integration that delivers the innovative solution financial institutions need to underpin their readiness for a rapidly changing world.
Posted inBanking / South Africa News
How advanced automated operational risk management can protect your payments switch environment
SwitchCare can be likened to the difference between a medical check-up at your local GP where he listens to your heart rate and takes your blood pressure versus blood tests looking in detail for anomalies.
Posted inBanking / Tech News
Major Israeli Bank turns to Stanchion for secure payment environments and HSM migrations
Stanchion led the bid and delivery process to augment and support the bank’s in-house team to help with the migration to the modern, advanced payment security platform based on Futurex
Posted inBanking
Mosul Bank selects CR2’s BankWorld to accelerate digital banking transformation in Iraq
CR2 will accelerate digital banking transformation in Iraq. Iraq, March 14, 2022 | Mosul…
Posted inBanking / West Nile News
Equity Bank Uganda to open a virtual branch in Zombo
Equity Bank Uganda say next month, Zombo district and West Nile sub-region will have their first virtual branch.
Posted inBanking / News
Changes BOU has directed banks to effect starting January 15
“Bank of Uganda and the supervised financial institutions will continue to sensitise the public on the alternative payment options during the six-month window
Posted inBanking / News
Orient Bank finally changing to I&M Bank
The rebrand starts with ATMs and later other physical assets
Posted inBanking / Business
absa bank’s key ingredients in post-pandemic era
The CEO forum 2021 is slated for Friday in Kampala
Posted inBanking / Crime / Eastern News
Police arrest Soroti Emyooga fraudster, Finance Trust Bank officials free on bond
The Soroti RDC confirmed the arrest, adding that the suspect was “a tactical man that used different strategies to beat security surveillance”.
Posted inBanking / Business / Crime & Investigations / Eastern News
Emyooga scandal – Soroti: Finance Trust Bank, CO on spot over missing millions
Meanwhile, there has been an aspect of intimidation and life threatening on our team of journalists on this story.
Posted inBanking / Business / News
Lira City MTN mobile money dealers upset
Dennis Okello is a mobile money dealer. He says they are registering “very low commissions of late”.