Regtech AMLYZE specialising in anti-financial crime solutions for fintechs, neobanks and crypto businesses has announced a collaboration with Open Banking platform Salt Edge
A significant number of Americans are reducing their reliance on credit cards, according to a recent NerdWallet survey, as a result of increased credit card interest rates.According to the data, 15% of respondents said they completely stopped using credit cards, while another 15% said they opted for balance transfer credit cards to mitigate the impact of rising interest rates.“For consumers that struggle with personal finance management, sometimes closing the credit card, or instituting a spend lock is a good practice to control finances,” said Ben Danner, Senior Analyst of Credit and Commercial at Javelin Strategy & Research
The guidance is aimed at helping banks address the operational, compliance and strategic risks of third-party tie-ups, such as those with fintech firms
Global software applications provider Finastra has partnered with S and P Global Market Intelligence to offer improved services in corporate and syndicated lending
