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FIS, FICO Take Aim At Dirty Money With New AML Product

PYMNTS

Financial software and technology giant FIS is teaming up with credit scoring company FICO to roll out a new anti-money laundering (AML) platform as concerns rise over fraud and the global flow of dirty cash amid the pandemic. The number for the United States alone is $300 billion, according to the U.S. Department of the Treasury.

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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

The Jacksonville, Florida-based financial software company provides a managed platform service for banks to quickly and cost-effectively connect to the Real-time Transport Protocol (RTP). The real-time payments managed service from FIS allowed us to connect to the RTP network much faster than before,” he said in a statement.

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TRENDING: Minor League Baseball, Jumbo Shrimp And A Payments Payroll Changeup

PYMNTS

To support the service, TransferGo is leveraging Ripple ’s blockchain technology as part of an effort to provide instant communication between its European operations and Indian banking partners. Jacksonville Jumbo Shrimp Hit A Payments Home Run.

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How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. And payments firms are helping restaurants with mobile orders: Square, for instance, is releasing new order management integrations for Square for Restaurants.

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Getting Mobile Ready

Independent Banker

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105
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More Data, More To Do

Independent Banker

Drew McMullen, a partner and managing director for Sense Corp. Community banks are using some basic analytics processes for reporting on account sizes, credit risk and elementary customer segments,” agrees Karan Bhalla, managing director for IQR Consulting in Santa Rosa, Calif. Highlighting Tech Talk Technology Trends'

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4 ways to get more out of your core

Independent Banker

Not keeping up with a core vendor’s releases can also be costly to a community bank if it doesn’t leverage them, as releases often provide critical and important regulatory, compliance and feature function updates, says Maria Schuld, division executive, Americas Banking Solutions at FIS, which is headquartered in Jacksonville, Fla.