Tag Archives: Bank

The UN report shows Al-day infiltrating Salaam Somali Bank

[ad_1] A new report released by the UN Sanctions Committee on Somalia has documented that Al-Shabaab remains financially strong in Somalia thanks to a deep infiltration network into the Somali financial system. Al Shabaab generated approximately $ 13 million (Sh1.3 billion) between December 2019 and August 2020. The report states …

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Japanese payment firm JCB and Mizuho Bank test blockchain-based ID

[ad_2][ad_1] Major financial institutions in Japan are moving to blockchain to simplify digital identity systems. Japan’s third largest bank, Mizuho Bank, and local payments giant JCB are preparing to experiment with a blockchain-based digital identity interoperability system. The new system will use a blockchain solution developed by Fujitsu Laboratories, Fujitsu …

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CoinPayments chooses Sumsub KYC technology

[ad_2][ad_1] The largest cryptocurrency payment processor in the world, CoinPayments, today announces its partnership with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC / KYB / AML needs. This partnership will simplify onboarding for CoinPayments users by optimizing conversion rates, reducing costs by …

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