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FinTech Automation’s EZForm Launches Digital Account Opening Solution for Banks and Credit Unions

FinTech Automation (FTA) is excited to unveil its EZForm Digital Account Opening (DAO) solution, an innovative tool designed to streamline and simplify the account opening process for banks and credit unions.

Jan 2

2

min read

The Strain of Rising Tuition Costs and Financial Aid Delays

Dec 31

2

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FinTech Automation’s ModernRails Payment Network Obtains FedLine Direct® Access

Dec 17

2

min read

Understanding Common Correspondent Banking Structures

Dec 6

2

min read

Embracing Real-Time AML Compliance: Challenges, Regulatory Complexities, and New Opportunities

Nov 12

2

min read

More News

The Growing Need for Real-Time AML Compliance As financial crime continues to evolve alongside digital transformation, the necessity for effective anti-money laundering (AML) measures has never been greater. The emergence of sophisticated financial threats has led institutions to prioritize real-time monitoring solutions to counteract these risks. However, implementing these systems brings both challenges and opportunities for financial organizations.

Nov 4

3

min read

Optimizing Client Onboarding in Banks with CDI Client onboarding has long been a challenge for banks due to the complexities and inefficiencies in the process. With increasingly stringent regulatory requirements and manual procedures, onboarding often becomes a lengthy and costly endeavor. However, with the advancement of financial technology, automated Corporate Digital Identity (CDI) solutions offer a promising approach to modernize and streamline the client onboarding experience.

Oct 24

3

min read

Crossing Currency Boundaries: Online Banking Leads the New Trend in Multi-Currency Account Management In today's globalized economy, having multi-currency accounts has become a routine part of many people's financial lives. However, managing multi-currency accounts is not an easy task, it involves dealing with exchange rate fluctuations, the complexity of cross-border transfers, and the intricacies of fund monitoring. These challenges not only increase the difficulty of financial management but also pose unnecessary financial risks. Fortunately, the rise of online banking offers effective solutions to these problems.

Jun 6

3

min read

Can Banks Reduce False Positives in AML?Anti-money laundering (AML) measures are essential for banks to combat financial crimes. However, these procedures can unintentionally affect legitimate customers, causing frustration and inconvenience. By improving data usage, optimizing detection models, and enhancing customer communication, banks can mitigate this issue and provide a better experience for their clients.

May 27

2

min read