Referring to an agreement, communication, or movement of assets between two or more parties, there is always an obvious need for financial transactions. Some of the most common financial transactions ...
Explore how blockchain revolutionizes the financial industry and increases efficiency. Learn the benefits, drawbacks, and new ...
The financial transaction services industry is expected to benefit from expanding transaction volumes, resulting from the widespread adoption of digital means. The ongoing digitization movement, ...
Disaster strikes. One of your employees was tricked into changing the payment account for your business’s largest vendor, sending a series of payments to a fraudulent account. The vendor has now cut ...
Ideally, once a transaction has been corectly processed in a financial system, the chance of it being reversed should be slim to none. However, this isn’t usually the case in traditional finance.
The most recent geopolitical turmoil, fueled by the financing of terrorism, has brought to light the real-world impact of financial crime and the need to prevent money laundering. The repercussions ...
BRICS Pay is a payment system initiative developed by the BRICS nations (Brazil, Russia, India, China and South Africa) to facilitate cross-border transactions among these countries. Its primary ...