Jay Thibain

The National Treasury of South Africa has recently published the draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill, 2024, in Government Gazette No. 51772 Notice 5683 for public comment on December 13, 2024. This legislative development aims to bolster South

As threats in cyberspace evolve, financial institutions face increasing pressure to enhance fraud prevention measures. The pressure doesn’t solely come from clients but also from a desire to prevent unnecessary losses. Data from the Association of Certified Fraud Examiners (ACFE) revealed that o

Nic Carter's recent bold prediction for Bitcoin has sparked considerable attention, projecting its value to reach $900,000 in the long term by drawing parallels with gold and highlighting the growing trend of institutional adoption. Currently valued at $103,967, Bitcoin has prompted analysts

The article introduces the transformative financial agreement between Simply Asset Finance, a UK-based business lending provider, and Bank of America. This deal involves a £120 million loan facility aimed at significantly enhancing Simply Asset Finance's ability to support small and

The financial technology sector is combatting an unprecedented uptick in identity fraud, with a 73% rise in such crimes from 2021 to 2023. Advanced AI tools are the double-edged swords exacerbating and combatting this issue, leading to an arms race between fraudsters and financial institutions.

A significant event held in Derry recently aimed to showcase the North West region’s burgeoning potential in addressing universal challenges through regulatory and supervisory technology, commonly known as RegTech. The event was organized collaboratively by Derry City and Strabane District Council,

Digital identity is revolutionizing the financial services industry by offering enhanced security, improved user experience, and streamlined regulatory compliance. As financial institutions increasingly adopt digital identity solutions, they become better equipped to protect against fraud, meet

The cryptocurrency market recently experienced a significant upheaval as Bitcoin's price plummeted dramatically. This sudden drop has had a ripple effect, particularly impacting meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). The following analysis delves into the

HSBC has announced its decision to withdraw its 5.4% stake in Monese, a London-based fintech firm renowned for its mobile-only banking services, sparking a wave of discussions in both the financial and fintech sectors. This move raises critical questions about HSBC’s strategic direction and the p

Bitcoin trading has become an exhilarating yet challenging endeavor for both novice and experienced traders. The volatile nature of cryptocurrency markets can lead to significant rewards or losses. Luckily, platforms like Fintechzoom offer comprehensive tools and insights that facilitate informed