Posts Tagged ‘Fintech’
Financial Crime Prevention Enters a New Era with the Launch of AMLTRIX
Money laundering remains one of the biggest threats to the global economy, fueling organized crime, terrorism, corruption, and tax evasion. Despite ongoing efforts, financial institutions have long struggled with a fragmented and inconsistent approach to combating illicit financial activities.
In response to this challenge, AMLYZE is proud to announce the launch of AMLTRIX, a first-of-its-kind open knowledge initiative designed to standardize and revolutionize the fight against money laundering.
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Originally published on 10 Apr
Read MorePayhawk unveils “AI Office of the CFO,” bringing enterprise-ready AI to finance operations
Payhawk, the leading spend management platform, announced the launch of “AI Office of the CFO,” a suite of specialised AI agents that solve finance’s biggest AI challenge: drastically increasing finance teams’ productivity while maintaining complete control over their operations.
With its platform already managing companies’ transactions, policies, workflows, and master data, Payhawk is uniquely positioned to build AI Agents that deliver practical value alongside the necessary controls. These new AI agents autonomously handle operational tasks with the same careful permissions as employees, enabling organisations to implement AI with confidence. While building its in-house agentic infrastructure, Payhawk has been leveraging early-access OpenAI models to refine its AI agent technology.
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Originally published on 2 Apr
Read More“Payment Radar”: non-cash payments in Latvia have reached a record-breaking share
The most recent (spring 2025) “Payment Radar” published by Latvijas Banka suggests that the ratio between non-cash and cash payments in Latvia was 78% to 22% in February 2025. This represents the highest-ever share of non-cash payments.
Relative to the figures from February and August 2024, the share of non-cash payments has climbed by 1 percentage point (from 77% to 78%).
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Originally published on 31 Mar
Read MorePAYSTRAX accelerates growth in Lithuania with multi-city success story
PAYSTRAX, a payment processing solutions provider, has announced further expansion of its Lithuanian operations. The company, which has successfully grown its presence in both Vilnius and Klaipėda, plans to strengthen its team across multiple departments in 2025, including Commercial, IT, and Finance.
Read full announcement (external link)
Originally published on 3 Mar
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