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PSD2 Open Banking and Fraud Risk

Executive Summary The Open Banking Standard will come into effect in UK in January 2018 and is expected to transform banking as we know it. It is closely related to developments in other European countries which are anticipating the implementation of the upcoming European Union Payments...

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GARP Sanctions Compliance

Can Technology Tame the Sanctions Compliance Beast? By Katherine Heires September 21, 2017 When North Korean leader Kim Jong-un conducted yet another nuclear bomb test in September, a new round of United Nations sanctions kicked in, with advisories to financial institutions and other corporations to stop doing...

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Are False Positive Alerts Unnecessarily Draining Your Resources?

[vc_row css=".vc_custom_1510764237528{background-color: #f6f6f6 !important;}"][vc_column][vc_column_text] New Hope for CIOs and their resources From a compliance standpoint, the 2008 financial crisis spawned a proliferation of third-party solutions and in-house developments offering various systems to automate the market surveillance process. At the time, these rule-based solutions presented a well-received architecture...

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Mirror Trades Lead to $630M Fine – Could You Be Next? Matrix-IFS Webinar

Mirror Trades Lead to $630M Fine – Could You Be Next? Matrix-IFS webinar explores critical data foundation and approach to help trading organizations uncover and thwart money laundering/currency converting Mirror Trades JERSEY CITY, NJ – MAY 23, 2017 – Matrix International Financial Services (Matrix-IFS) announces an...

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Matrix-IFS Partners with FICO to Offer Advanced Anti-Financial Crime Solution

Matrix-IFS Partners with FICO to Offer Advanced Anti-Financial Crime Solution   San Jose, CA, and Jersey City, NJ — April 18, 2017 HIGHLIGHTS: Matrix International Financial Services will partner with FICO and offer comprehensive support of the FICO® TONBELLER® Siron® Anti-Financial Crime Solutions Siron solutions address money laundering,...

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