Willem Lambrechts

Jul 16, 2024 | finextra.com | Pallavi Kapale |Veronika Tibilashvili |Willem Lambrechts

Fintech Mafia Carousel Pumping is the circular shilling of one another's financial products and services by a bunch of fintech founders with least regard for truth or consumer interest. I recently came across the following exhibit of Fintech Mafia Carousel Pumping on LinkedIn. ========== Why do some of us trust Barclays or Bank of America more than, say, Kitty Neobank? All three offer the same level of deposit guarantee, backed by the same government.

Jul 15, 2024 | finextra.com | Veronika Tibilashvili |Willem Lambrechts |Pallavi Kapale

Fraud accounts for atleast 40% of financial crime in the UK. In 2022, UK banks have identified over 39,000 accounts demonstrating behavior indicative of money muling[1]. NCA estimated that over GBP 10 billion is laundered via money mule activity in the UK annually[2]. The global increase in fraudulent activities is a growing concern for businesses and organizations worldwide.

Jul 15, 2024 | finextra.com | Willem Lambrechts |Harriet Christie |Andrei Scutari |Veronika Tibilashvili

News in your inbox For Finextra's free daily newsletter, breaking news and flashes and weekly job board. Channels Group External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Payment Services Regulations (PSR) approach will bring about a significant change for all the payment firms.

Jul 15, 2024 | finextra.com | Willem Lambrechts |Harriet Christie |Andrei Scutari |Joris Lochy

Depending on the size of the project, developing a FinTech app can take several months to more than a year. The global fintech market is expected to reach $309.98 billion by 2022, rising at a compound annual growth rate (CAGR) of 24.8% between 2018 and 2022. This increase is a reflection of the growing need for creative financial solutions brought forth by advancing technology and changing client preferences.

Feb 17, 2023 | finextra.com | Prateek Duhan |Willem Lambrechts |Andrei Karpushonak

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