Streamlining AML Compliance: The Power of Automation in Banking

Anti-money laundering (AML) compliance has become an increasingly critical issue for banks and financial institutions over the past decade. With complex regulations and sophisticated criminal tactics, manual AML efforts are no longer adequate to effectively combat financial crimes. This is where automation comes in. By leveraging cutting-edge technologies like artificial intelligence (AI), machine learning, and […]

How to avoid PayPal currency conversion fees

There are circumstances where sending money via PayPal is inevitable. In this case, you should try your best to reduce the cost of PayPal’s currency conversion rate. Fortunately, there are a few steps you can take to avoid these unnecessary fees.

Top payment gateways available today

Best payment gateways

A payment gateway is a merchant service that processes debit or credit card payments for both offline and online stores. They transfer information between a payment portal (such as a website or phone) and a bank. Every ecommerce business needs to use a payment gateway in order to run their business.

The 5 Best Prepaid Debit Cards

Teenage girl with bank card shopping online

Prepaid debit cards are convenient, easy to get, typically don’t require a credit check, and can even be helpful for budgeting your money. There’s never a risk of “spending more than you can afford” like with a credit card, because you can only spend whatever funds you’ve pre-loaded on your card.

Let’s take a look at the 5 best prepaid debit cards …

8 best budgeting apps

Best Budgeting Apps

Budgeting apps can help you save time and make your financial life a whole lot easier. But what tool should you use? Which is the best for your personal spending habits and retirement goals? To make the decision easier for you, I’ve compiled the 8 best budgeting apps that you can start using today to keep track of all your income and expenses.

IBAN and SWIFT codes: what they are and how to use them

Woman on laptop holding credit card

Banks rely on certain systems to send and receive money worldwide. Though many such protocols exist, two of them stand out. These are I.B.A.N and S.W.I.F.T. Let’s dive in and see how these two methods work, and the best uses for each of them.