Emerging Economies Adopting AML Solutions & Robotic Process Automation in AML and KYC

DUBLIN, Oct. 30, 2020 /PRNewswire/ — The “Global Anti-Money Laundering Software Market: Focus on Software Type, Deployment Mode, and End User – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The anti-money laundering software industry analysis projects the market to grow at a significant CAGR of 14.12% on the basis of value during the forecast period from 2020 to 2025.

North America dominated the global anti-money laundering software market with a share of 36.4% in 2019. Europe, including the major countries, such as the U.K., Germany, France, Spain, and Italy, is also the most prominent region for […] Read more

Global Anti-Money Laundering Software Market Report 2020-2025: Emerging Economies Adopting AML Solutions & Robotic Process Automation in AML and KYC

DUBLIN, Oct. 30, 2020 /PRNewswire/ — The “Global Anti-Money Laundering Software Market: Focus on Software Type, Deployment Mode, and End User – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The anti-money laundering software industry analysis projects the market to grow at a significant CAGR of 14.12% on the basis of value during the forecast period from 2020 to 2025.

North America dominated the global anti-money laundering software market with a share of 36.4% in 2019. Europe, including the major countries, such as the U.K., Germany, France, Spain, and Italy, is also the most prominent […] Read more

Judge signs off on Equifax’s $7.75M settlement with financial institutions in 2017 data breach

(Photo: Shutterstock)

A federal judge in Atlanta gave final approval Thursday to a $7.75 million settlement—including $2 million in legal fees—to resolve claims against Equifax by hundreds of financial institutions. 

The settlement deal—which stems from a 2017 data breach—also includes a promise by Equifax to invest an additional $25 million over two years in enhanced data security measures tailored to financial institutions.

The Atlanta-based credit bureau’s settlement with financial institutions forced to absorb expenses associated with the data breach is separate from a $1.4 billion settlement Equifax reached last December with attorneys representing an estimated 147 million consumers whose personal and financial information was […] Read more

Global Credit Scores, Credit Reports & Credit Check Services Market 2020, Research Analysis Report Growth at CAGR Value, Industry Share, Key Company Profiles, Type, Applications, Size, Trends and Forecast To 2026

A recent market research report added to repository of Credible Markets is an in-depth analysis of “Global Credit Scores, Credit Reports & Credit Check Services Market”. On the basis of historic growth analysis and current scenario of Credit Scores, Credit Reports & Credit Check Services market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Credit Scores, Credit Reports & Credit Check Services market. […] Read more

Can credit unions keep up with COVID’s evolving phishing threats? | Credit Union Journal

With more credit union employees working from home than ever before, hackers are on the lookout for security weaknesses on home networks – often through email phishing schemes – that could compromise those institutions’ data.

The National Credit Union Administration cautioned the industry early on in the pandemic about ongoing security risks, and the issue has taken on new relevance recently in the wake of more data breaches at retailers and October’s designation as Cybersecurity Awareness Month.The annual True Cost of Fraud report from Lexis Nexis also indicates fraud – and its impact on the financial services sector – has increased […] Read more

Experian’s GDPR violation leaves companies scrambling to understand ‘legitimate interest’

A General Data Protection Regulation enforcement notice from United Kingdom regulators could leave credit reporting giant Experian on the hook for as much as $24 million – baffling U.S. and European Union companies alike, say legal experts.

The investigation that led to the notice found issues in each of the big three credit reporting agencies, and the data brokerage economy in general. While Experian, TransUnion and Equifax received praise for working with regulators on several of the problems apparently endemic to the industry, Experian reportedly failed to meet all its requests.

An enforcement notice is a warning that a fine will come […] Read more

Identity Theft Protection Services Market 2020

Identity Theft Protection Services Market Forecast 2020-2026

The Global Identity Theft Protection Services Market research report provides and in-depth analysis on industry- and economy-wide database for business management that could potentially offer development and profitability for players in this market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and […] Read more

Disaster Tax Credits for Small Businesses

Small and medium businesses may not be aware of a law that provides federal income tax credits to businesses of all sizes (including those with fewer than 100 employees) if they continued to pay their employees during periods when they experienced some type of negative business impact due to certain natural disasters that occurred in 2018 or 2019.
Time is quickly running out to file this credit, called the Employee Retention Credit (ERC), on original tax returns. The ERC can be up to 40% of qualified wages for each employee during inoperability ($6,000 in maximum wages, or $2,400 maximum credit per employee).
This dollar-for-dollar reduction in […] Read more

Equifax Helps Bring Greater Confidence to Lending With New Cashflow Insights Solution

New Consumer Permissioned Data Offering Helps People Create More Robust Financial Profiles in Time of Economic Uncertainty; Empowers Individuals to Share Online Bank Account Information When Applying for Loans and Services

ATLANTA, Oct. 29, 2020 /PRNewswire/ — Equifax® (NYSE: EFX) understands that nearly every type of consumer – whether prime, subprime, credit thin or credit invisible – has felt the financial impact of COVID-19. The company today announced a new Cashflow Insights solution designed to give lenders and service providers the additional confidence they need to responsibly open up credit opportunities at a time when people need it most. The consumer-permissioned […] Read more