• Report from Consult Hyperion estimates manual KYC checks cost the average bank £47m a year and are set to soar with the introduction of AMLD4 and AMLD5
• Government-backed eID schemes, offered as a solution to AMLD5, won’t be available to the banking sector for years
• Report recommends mobile identity verification technology to bridge the gap between manual checks and electronic identities
Investment Arm of Santander Group Brings Series A Round to $32M, Joins Other Global Strategic Investors in Support of Ripple–s Vision for the Internet of Value
DALLAS, TX — (Marketwired) — 06/25/15 — Merchant Resources, , compares its credit card merchant services to those of Costco Merchant Services, Square Reader, Wells Fargo Merchant Services, and Bank of America Merchant Services.Merchant Resources called the 1-800 listed on each of the above credit card merchant services and discovered a variety of differences outlined below:-CostcoBase Retail Visa/MC rate @ 1.38% and 19 centsRewards Cards Visa/MC rate @ 1.99% and 19 centsBusiness Cards Visa/M
AACHEN, GERMANY and BOSTON, MA — (Marketwired) — 12/11/13 –Due to increasing complexity of cyber-crime attacks at Internet Banking services and online merchants, SNS REAAL took a strategic, pro-active IT approach to enhance their fraud prevention technology by using RiskShield to combat the ever changing modus operandi of fraudsters. SNS REAAL needed a solution that monitors customer behavior within its direct channels, such as Internet, mobile banking, iDEAL payments (online merchant payment
Compushare-s Technology Solutions to Assist Arkansas Community Banks in Controlling Costs, Increasing Efficiencies and Preparing for Increased Compliance Requirements
