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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do.

Security 221
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Elder fraud: Preventing elder financial exploitation at your institution

Abrigo

As the global population of individuals aged 60 and over is projected to increase by 38% between 2019 and 2030, elder abuse and elder financial exploitation (EFE) are becoming increasingly prevalent issues. The National Council on Aging estimates the annual cost of elder fraud to be closer to $36.5

Fraud 221
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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

Greg Golkin, managing partner at Kitchen Fund, is named as president. Tastemaker’s chief financial officer is Chris Bradley, managing director of Mistral Equity Partners, a private equity firm whose portfolio owns El Pollo Loco and Jamba. “We Listed as co-CEOs are David Pace, chairman of the board at Red Robin Gourmet Burgers Inc.

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Grab Creates Accelerator For Vietnam Startups

PYMNTS

Grab Ventures Ignite will nurture and support promising Vietnamese startups in their journey to become national champions in Vietnam’s tech startup ecosystem, in line with the government’s national strategy to create 10 technology unicorns by 2030,” Grab said in a statement.

National 130
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JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) The DFI will be headed by Faheen Allibhoy, a country manager responsible for JPMorgan’s West African division. The investment gap is roughly $2.5

National 148
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Vocalink Brings Real-Time Payments To Saudi Arabia

PYMNTS

” Mastercard’s General Manager of Saudi Arabia & Bahrain J.K. . ” Mastercard’s General Manager of Saudi Arabia & Bahrain J.K.

Payments 149
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Xero Highlights South Africa’s Late Payments Surge

PYMNTS

“It’s not right, or fair, that [SMBs] have to deal with late payments ,” said Xero’s General Country Manager for South Africa Colin Timmis in a statement. The figures, outlined in Xero’s latest State of Late Payments report, highlight the cash-flow challenges that South Africa’s estimated 2.5

Payments 101