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How leaders are mastering the compliance-innovation tightrope

Leaders of companies operating in the payment technology landscape are well-accustomed to the challenges of complex regulations set by various governing bodies. Whether the companies are established financial institutions or agile fintech start-ups, navigating this terrain requires much effort.

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Payments compliance faces runaway costs

Payment compliance and risk management is expensive and time-consuming due to its multifaceted and idiosyncratic nature. There is no one-size-fits-all solution. The state of risk and compliance is ever-changing, and

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To meet customer expectations, PSPs must prioritise end-to-end reconciliations

The payments sector’s success and growth over the past decade can largely be attributed to firms’ ability to meet and exceed customer’s expectations. Unlike established banks, fintechs are largely free from the legacy tech stacks that slow down banks from modernising. So Payment Service Providers (PSPs) can anticipate customer needs and provide services that address their problems. However, as new PSPs continue to emerge, the landscape is becoming increasingly competitive. So PSPs have to meet changing customer expectations more quickly.

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PXP Financial taps Foregenix for risk monitoring

Extended partnership between PXP Financial and Foregenix to include best-in-class eCommerce cyber security monitoring October 31, 2023 – PXP Financial, the experts in global acquiring and payment, services, today announces a new partnership agreement

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FCA Board Focuses on AI

The UK’s Financial Conduct Authority (FCA) has published its latest board minutes highlighting its increasing focus on artificial intelligence (AI), in which it “raised the question of how one could ‘foresee harm’

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Sumsub joins The Payments Association

Global verification provider, Sumsub, became a member of the most influential community in payments, The Payments Association. London – 10 July, 2023 – Sumsub, a global full-cycle verification platform, is

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Keeping up with ISO 20022 adoption and migration

ISO 20022 is becoming the new global language for payments and cash management messaging. Paul Olukoya, managing director of payments, cyber and data at Grant Thornton UK LLP, offers his tips to overcome the implementation challenges that firms are facing.

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