Tag: Compliance
Abu Dhabi Islamic Bank digitises cross-border services with ProgressSoft
Abu Dhabi Islamic Bank (ADIB) has partnered with Jordan-based financial solutions provider ProgressSoft to implement the PS-PayHub platform for cross-border payments.
The PS-PayHub...
Bank of America customers impacted by data breach through Infosys McCamish Systems hack
Bank of America has notified its customers of a data breach resulting from a security incident involving its partner, Indian digital services provider...
TransferGo hires former Western Union compliance head Simon McFeely as chief compliance officer
TransferGo, a cross-border payments fintech, has appointed Simon McFeely as its new Chief Compliance Officer.
The appointment is part of TransferGo's efforts to...
Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree
Australian payments processor Fat Zebra has acquired Sydney-based Adatree, a platform for the Australian Consumer Data Right (CDR).
Adatree's platform allows companies in...
RBC’s US subsidiary City National Bank hit with $65m fine from OCC
The US Office of the Comptroller of the Currency (OCC) has imposed a $65 million fine on City National Bank, the US subsidiary...
Vast Bank exits cryptocurrency market, closes crypto banking mobile app
Oklahoma-based Vast Bank has decided to exit the cryptocurrency market and shut down its crypto mobile banking app, launched in 2021.
The app...