Anti-Money Laundering Efforts Powered by Blockchain Regtech
Global efforts to prevent money laundering are incredibly expensive for financial firms. To complete Anti Money Laundering (AML) financial institutions have had to employ more people including risk management and operational compliance workers, which has increased their operational cost and led to unsustainability.
Mobile Banking: a Breakthrough Blockchain and Fintech Development
Mobile banking users almost doubled in five years as banks deployed a variety of technologies that allow access to financial services according to a report by Junipeer Research
What Is KYC And What Does It Mean For Compliance?
The banking industry has recently faced new and increasingly complex regulations. This has led large global banks to look for how they can streamline compliance within the ever-changing regulatory landscape that impacts onboarding and transaction times.
How Blockchain Will Disrupt Regional and Global Supply Chains
Blockchain will fundamentally transform global transport and significantly improve companies’ and individuals’ ability to send and receive goods. At Last Mile ASEAN, a regional conference in Thailand concerning supply chains, Infinity Blockchain Labs, a Vietnam-based blockchain R&D company, introduced key industry insiders to the power of the technology.
Cold Storage: An Important Element of Blockchain Development
Cryptocurrency’s meteoric rise on the platform of blockchain development in value is making cold storage wallets a hot commodity.