Why Transaction Monitoring Software is Essential for Neo-Banks: An Interview

Key Points: Importance for Neo-Banks Neo-banks, operating entirely online, likely face unique challenges like high transaction volumes and diverse client bases. Transaction monitoring software seems essential to ensure compliance with regulations like Basel III and FATF, protecting against financial crimes while maintaining client trust. FIAT Monitoring Software like NICE Actimize and SAS likely monitors FIAT …

How Transaction Processing Works: An Interview with Experts

Bank Clearing Under Basel III: Key Insights for Clients What is Bank Clearing? Bank clearing is the process where banks verify, reconcile, and settle transactions to securely transfer funds. It seems likely that Basel III’s stricter capital and risk management rules, effective from January 2025 in the EU and July 2025 in the U.S., lead …