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Tag: financial transactions

Decoding the Black Box: How AI is unveiling the secrets of crypto money laundering

The following is a guest post by Brendan Cochrane, Partner at YK Law LLP.Artificial Intelligence tools could revolutionize anti-money laundering efforts in cryptocurrency transactions....

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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the...

Brankas Claims to Be First to Secure Open Banking Data License in Indonesia – Fintech Singapore

Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 license...

Exploring Casino Bonus Abuse and Its Consequences

Generous bonuses for new players allow them to try sportsbooks and casino games with no or a low financial obligation, making them much more...

Top 20 Generative AI Applications/ Use Cases Across Industries

Table of contents Generative AI unlocks a world where machines go beyond mere execution to become innovative creators. Imagine AI crafting art, designing products, or...

Master Bank Reconciliation Journal Entries | Guide & Tips

Introduction to Bank Reconciliation Journal EntriesBank reconciliation is an important process in accounting that ensures the accuracy and integrity of a company's financial records....

Fintech Outsourcing South Africa: How Cutting-Edge Tech is Changing the Face of Customer Support

In the rapidly evolving fintech sector, South Africa is quickly establishing itself...

How is machine learning changing the landscape of FinTech?

In the year that artificial intelligence (AI) had its most spectacular public debut, it might look like machine learning (ML) has been reduced to...

Folding the Yen: How a Humble QR Code is Unifying Asian Payments

Cash, once the lifeblood of commerce, now feels like a relic from a bygone era. In bustling Asian metropolises, a silent revolution is unfolding, driven by...

Bank Reconciliation Statement: Definition, Purpose & Process

What is a Bank Reconciliation StatementBank reconciliation is the process that ensures that a company's recorded cash balances align with the funds in their...

Bank Reconciliation vs Book Reconciliation: Key Differences

Bank Reconciliation Vs. Book ReconciliationIn accounting and financial management, we encounter the terms "Book Reconciliation" and "Bank Reconciliation". These terms are often used...

Ethereum’s Pectra Upgrade to Enhance Wallet Functionality and User Experience

Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions,...

Revolutionising Cross Border Payments in the APAC Ecosystem – Fintech Singapore

by Rebecca Oi April 12, 2024 In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into...

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