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How to spot a commercial-front brothel
Sex trafficking is a heartbreaking and harrowing crime. And it’s happening much closer to home than you may realize. How can banks help to detect it?
In our latest video, Jonathan Bell explores how financial institutions can help law enforcement uncover commercial-front brothels.
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zhlédnutí: 22

Video

How does financial sextortion work?
zhlédnutí 53Před měsícem
Growing up is hard enough. But young people face more pressure today than would have been imaginable before the smartphone. Do you really know what happens on your child’s phone? Financial sextortion, a financially motivated form of online blackmail, is the fastest-growing scam affecting teenagers globally. Boys as young as 12 have committed suicide. The situation has become so dire that the Na...
What is Confirmation of Payee? | 100 Seconds
zhlédnutí 108Před měsícem
Confirmation of payee is emerging as a powerful tool in the fight against digital payment fraud. But what is confirmation of payee? How does it work? And what impact is it having on scams? In our latest 100-second series, Pratiksha Pathak explores the rise of Confirmation of Payee services (also known as Verification of Payee in Europe). Subscribe to our newsletter and updates for the latest i...
How can US banks win at instant payments?
zhlédnutí 158Před 3 měsíci
🇺🇸 The US is said to lag in the race to instant payments. But that’s untrue. There is no single race in the US, banks are actually playing track and field. To compete, you need to pick the sport you’re good at and build value from there. Here’s how a focus on specific markets, regions, and instant access to wages can help US banks win at instant payments. Subscribe to our newsletter and update...
What Is Elder Financial Exploitation? Elder Abuse Scams Explained
zhlédnutí 182Před 3 měsíci
🚩 Fraud has increased dramatically over the last few years and some vulnerable groups have been affected more than others. Elderly people have become a lucrative target for scammers, who use a wide range of tactics to trick their victims. How can banks help? In this video, we explore elder financial exploitation and how banks can help to prevent it. You'll learn: - What elder financial exploita...
Is Europe ready for SEPA Instant Payments?
zhlédnutí 358Před 4 měsíci
🇪🇺 Is Europe ready for instant payments? On the 7th of February 2024, the march towards ubiquitous instant payments in Europe took a huge step forward as MEP’s voted to adopt new rules on Instant Euro Transfers. We asked 200 senior payment professionals at European banks about what this new legislation means for them and how it is set to impact their financial institutions. Kjeld Herreman explo...
What can banks in the US and Canada learn from UPI? | 100 Seconds Series
zhlédnutí 129Před 4 měsíci
🇮🇳 India is ahead of the game when it comes to instant payments. What could the US and Canada learn from UPI? In our third and final episode on UPI, we compare instant payments in North America to the Indian market. Why haven't instant payments taken off in the US yet? Why has UPI been a success? What lessons can be learned? Check out the video to find out more! Click here for part one: czcams....
UPI: India's journey to interoperable cross-border instant payments
zhlédnutí 137Před 5 měsíci
India recorded more digital payment transactions than the US, China, and Europe combined in 2023 🇮🇳 That’s (in part) thanks to UPI, an instant, interoperable cross-border payments scheme. What’s been the key to UPI’s success? What makes UPI easier to adapt across countries than other payment schemes? And how are countries like Singapore and France already taking advantage? In the second episode...
What is UPI? India’s instant payment scheme explained | 100 Seconds Series
zhlédnutí 610Před 5 měsíci
🇮🇳 UPI has revolutionized the way India transacts. So much so that fast, simple, and cost-effective payments have become a way of life for Indian consumers. But what is UPI? How does it work? And what can banks across Europe and North America learn? In the first part of our three-part series on UPI, Pratiksha Pathak delves deep into India’s world-leading instant payments scheme. Click here for ...
Decoding BNP Paribas' ISO 20022 Migration | After Hours
zhlédnutí 325Před 6 měsíci
📌RedCompass Labs helps financial institutions deliver profitable, secure, end-to-end payment and financial crime services and solutions. Find out how: www.redcompasslabs.com ISO 20022 is more than a new messaging standard for financial institutions; it represents a seismic change for the industry, involving 200 initiatives worldwide in over 70 countries. Banks participating in the settlement ne...
Real-Time Fraud Risk in the World of Real-Time Payments, Featuring EBA Clearing | After Hours
zhlédnutí 374Před 7 měsíci
📌RedCompass Labs helps financial institutions deliver profitable, secure, end-to-end payment and financial crime services and solutions. Find out how: www.redcompasslabs.com In this episode of After Hours Kjeld Herreman is joined by special guest Jessica Ramos, Head of Regulatory, Oversight, and Financial Affairs at EBA Clearing. Against the backdrop of the impending new regulations around inst...
Pig Butchering: When Human Trafficking and Online Scams Collide
zhlédnutí 494Před 8 měsíci
📌RedCompass Labs helps financial institutions deliver profitable, secure, end-to-end payment and financial crime services and solutions. Find out how: www.redcompasslabs.com At this point, we’ve probably all been targets of online scams. Most of the time, they tend to fall into one of a few categories - you’re usually being tricked into clicking on a malicious link or pressured into taking a pa...
RedCompass Labs 2023 All at Once
zhlédnutí 399Před 8 měsíci
As we approach the end of the year, we are thrilled to continue our tradition of RedCompass Labs' annual year-in-review. 2023 has been a whirlwind of events, with countless achievements and behind-the-scenes efforts, along with some lighthearted moments captured on camera. While our unwavering mission to open the doors of finance to all and protect those who enter remains unchanged and steadfas...
RedCompass Labs - A Small Drop of Ink in Water
zhlédnutí 254Před 8 měsíci
The world of payments is changing. Our planet is getting smaller, borders are crossed more easily, and money moves in the blink of an eye. As payments move faster, so do criminals who threaten to exploit the most vulnerable in our society by nefarious means. And add to the mix new technology, such as Artificial Intelligence, which threatens to completely revolutionise the way we as humans inter...
European Instant Payments Legislation: Political Agreement Reached Between Parliament and Commission
zhlédnutí 438Před 9 měsíci
📌RedCompass Labs helps financial institutions deliver profitable, secure, end-to-end payment and financial crime services and solutions. Find out how: www.redcompasslabs.com On the 7th of November, the European Parliament and the European Council reached a political agreement regarding the instant payments legislative proposal, promising to revolutionise the way payments are made on the contine...
Payment Services Directive 3 (PSD3): How Will It Impact Your Financial Institution?
zhlédnutí 1,5KPřed 9 měsíci
Payment Services Directive 3 (PSD3): How Will It Impact Your Financial Institution?
The RedFlag Accelerator: The Definitive Tool in Fighting Human Crimes
zhlédnutí 154Před 10 měsíci
The RedFlag Accelerator: The Definitive Tool in Fighting Human Crimes
What are the RedFlag Accelerator Typologies?
zhlédnutí 66Před 10 měsíci
What are the RedFlag Accelerator Typologies?
Unlocking Payments Modernisation with NatWest | After Hours
zhlédnutí 392Před 10 měsíci
Unlocking Payments Modernisation with NatWest | After Hours
Business-to-Business (B2B) Instant Payments | 100 Seconds Mini Series
zhlédnutí 222Před 11 měsíci
Business-to-Business (B2B) Instant Payments | 100 Seconds Mini Series
Business-to-Person (B2P) Instant Payments | 100 Seconds Mini Series
zhlédnutí 225Před rokem
Business-to-Person (B2P) Instant Payments | 100 Seconds Mini Series
RedX 2023 | Explore!
zhlédnutí 430Před rokem
RedX 2023 | Explore!
Person-to-Business (P2B) Instant Payments | 100 Seconds Mini Series
zhlédnutí 317Před rokem
Person-to-Business (P2B) Instant Payments | 100 Seconds Mini Series
Person-to-Person (P2P) Instant Payments | 100 Seconds Mini Series
zhlédnutí 188Před rokem
Person-to-Person (P2P) Instant Payments | 100 Seconds Mini Series
The ClearBank Story - Building a Payments and Clearing Bank in the Fintech Era | After Hours
zhlédnutí 1,2KPřed rokem
The ClearBank Story - Building a Payments and Clearing Bank in the Fintech Era | After Hours
The Thriving World of Instant Payments | 100 Seconds Mini-Series
zhlédnutí 115Před rokem
The Thriving World of Instant Payments | 100 Seconds Mini-Series
The Digital Euro: Do we need it? And what would the new payments landscape look like? | After Hours
zhlédnutí 401Před rokem
The Digital Euro: Do we need it? And what would the new payments landscape look like? | After Hours
Why Do We Need Persona-Based Solutions for Detection of Human Crimes?
zhlédnutí 107Před rokem
Why Do We Need Persona-Based Solutions for Detection of Human Crimes?
How to Manage, Build and Update Your Payments Hub So It Is Ready for Tomorrow
zhlédnutí 225Před rokem
How to Manage, Build and Update Your Payments Hub So It Is Ready for Tomorrow
The Wolfsberg Financial Crime Principles for Correspondent Banking
zhlédnutí 2KPřed rokem
The Wolfsberg Financial Crime Principles for Correspondent Banking

Komentáře

  • @Whatchyourneighbour
    @Whatchyourneighbour Před měsícem

    Red compass rules! 😊 stronghold to the moon! 🌙 😅

  • @divyatak7642
    @divyatak7642 Před měsícem

    Well explained, even though it was only a 100-second video, it effectively explains the importance of confirmation of payee.

  • @heykike
    @heykike Před 3 měsíci

    Key Takeaway: Now any institution can hold an account at the Central Bank without the need of a Commercial Bank. Does this facilitate the integration with crypto providers ? There is even the mention of "Finality" to minimize settlement risk

  • @connydorrestijn6232
    @connydorrestijn6232 Před 4 měsíci

    Yes eating it for breakfast lunch and dinner - a flurry of app derivatives - but then Holland is not all of Europe

  • @ashishahujaindia
    @ashishahujaindia Před 4 měsíci

    UPI (Unified Payments Interface) from India is the clear pioneer globally! > Real time Payments and Settlements > Interoperable > Credits and Debits Supported > Mandates > Support for Credit Card (Rupay Payment Rail) to Account > P2P, A2A, B2B, B2C, C2B - All Supported > 24x7x365 Available > On the verge of becoming a global interface with acceptance in 12 different countries other than India itself. > Processing close to ~$200Bn per month, all digitally in Realtime.

  • @jeneceluv4415
    @jeneceluv4415 Před 4 měsíci

    Thank you for the information 👍🏼

  • @lyricalhub2788
    @lyricalhub2788 Před 5 měsíci

    Excellent

  • @arumugamessakimuthu7587
    @arumugamessakimuthu7587 Před 5 měsíci

    Good explanation

  • @user-kn3lm3qr4o
    @user-kn3lm3qr4o Před 6 měsíci

    Proud of you 🤘

  • @user-kn3lm3qr4o
    @user-kn3lm3qr4o Před 6 měsíci

    Proud of you 🤘

  • @user-kn3lm3qr4o
    @user-kn3lm3qr4o Před 6 měsíci

    Proud of you 🤘

  • @pragyasharma2219
    @pragyasharma2219 Před 6 měsíci

    Never knew these perfectly explained details while already being using UPI. Thanks for the video tho. 👍👌

  • @martijnijsendoorn6911
    @martijnijsendoorn6911 Před 7 měsíci

    great content!

  • @daleromo2830
    @daleromo2830 Před 8 měsíci

    Thank you for the straightforward, easy to understand dialogue. Am so excited for what's happening and where it will take those of us who are awake 🎉 🚀

  • @DIGTHEVOICE
    @DIGTHEVOICE Před 9 měsíci

    Better get your XRP, XLM, QNT, HBAR, IOTA, ALGO AND XDC!!

  • @shwetapathak3945
    @shwetapathak3945 Před 11 měsíci

    Thank you for imparting great knowledge to us.

  • @pragyasharma2219
    @pragyasharma2219 Před 11 měsíci

    Great Information

  • @user-jq5rg8kl6f
    @user-jq5rg8kl6f Před 11 měsíci

    Good matter on instant payments.

  • @priyalsharma3706
    @priyalsharma3706 Před 11 měsíci

    Insightful.

  • @muskduh
    @muskduh Před rokem

    Thanks for the review.

  • @dustinb5742
    @dustinb5742 Před rokem

    "Promo SM" 👏

  • @TomandAmyinthePI
    @TomandAmyinthePI Před rokem

    Will Fednow hurt or help XRP?

  • @oldmancrypto6190
    @oldmancrypto6190 Před rokem

    Wow great information I will try and send this out so people can understand what is coming and how it will change our payment of things for the rest of our lives

  • @arsemyth8920
    @arsemyth8920 Před rokem

    With it be programmable though?

  • @donnaw9040
    @donnaw9040 Před rokem

    No matter how you dress up a turd it’s still a pile of crap. This guy is lying thru his teeth to the end user - us!! Snake oil, bullsh*t. Cbdc’s will be the end of us, AI will run your life, not you.

  • @timber-rider
    @timber-rider Před rokem

    Competition is always good. The risk is to incumbents, "it may not turn out as good as it could be" ... for incumbents. Governments do not want decentralized money. Their sovereign fiat funds their military and power. So, especially the US is fighting decentralized money. It's all about power, control, and the incumbents.

  • @goldnutter412
    @goldnutter412 Před rokem

    The future is unbounded velocity

  • @DIGITAL_DECAY.EXE_
    @DIGITAL_DECAY.EXE_ Před rokem

    This sounds like the Minority Report. You are advocating for the constant monitoring of individuals who you suspect of committing crimes based on suspicion alone.

  • @multipolarworldtoday

    Has IXB been revised to reflect current geopolitical conditions

  • @bonginkosilenny3019

    Xrp babee

  • @AK-ky5dh
    @AK-ky5dh Před rokem

    American citizens cannot be this dumb. We already have fast cash apps. The fed gov and fed reserve want to get rid of Venmo,PayPal they don't want you to have control of your money. They are stealing yet again small companies ideas and fed stamping them. Just like Facebook. This is a scam Americans. If you need proof of what this will do to you look up Canada's freedom truckers, china, Kenya. As long as you don't participate with the Federal government or their bankers fed reserve this crap will fail. THIS IS ANOTHER NON BACKED COIN. FAKE FIAT KEEPING THEMSELVES RICH AND AMERICAN CITIZENS POOR..

  • @therecyclingguy256
    @therecyclingguy256 Před rokem

    This man is literally talking about CBDCS...wake up 👁️

    • @brucewayne2955
      @brucewayne2955 Před 3 měsíci

      You obviously don't know how a crypto works then. This is not blockchain cryptography at all

  • @DigitalNomadOnFIRE
    @DigitalNomadOnFIRE Před rokem

    The fact banks still use computer systems from the 1960s and keeping things working 24/7 is an issue is hilarious. None of these backward institutions should still exist, competition should have destroyed them decades ago. The level of corruption and lack of free market is a huge issue. Crypto will eat Finance.

  • @DigitalNomadOnFIRE
    @DigitalNomadOnFIRE Před rokem

    The sooner Visa and Mastercard are made irrelevant and put out of business the better. Then Banks. Buy crypto.

  • @StripedLime
    @StripedLime Před rokem

    You are promoting Terror financing. Simple, that's what NATO does... always

  • @lakeshalex107
    @lakeshalex107 Před rokem

    What about RTP ? Does it support Direct Debit ?

    • @gauravkumar2602
      @gauravkumar2602 Před rokem

      No RTP does not support Direct Debit. It supports credit only.

  • @lakeshalex107
    @lakeshalex107 Před rokem

    Does FedNow supports Direct Debit?

  • @andyjohnson9402
    @andyjohnson9402 Před rokem

    XRP, XLM.

  • @daniellesilvajuleratedeoli4360

    It is about people! Good people! Congrats! A good place to work is a good place to give our best!

  • @bulkmeup3376
    @bulkmeup3376 Před rokem

    What's Best for putting Cash? Someone please tell me

    • @christ4u2now
      @christ4u2now Před rokem

      I can't be 100% sure since cryptos can also be a risk, but since I have studied the subject a lot, I would say Gold and Silver, but also in the cryptos XRP and XLM.

  • @YouthPowerWisdom
    @YouthPowerWisdom Před rokem

    XRP/XLM/ALGO/HBAR/QNT/IOTA - these are the few digital assets that are ISO20022 compliant, feel free to add if i missed any future digital assets that'll be integrated into the new quantum financial system.

  • @turkishpostman525
    @turkishpostman525 Před rokem

    LOL THEY SO CALLED CRYPTO INFLUENCER HAVE NO CLUE HOW THE BANKING SYSTEM WORKS AND WHAT REALLY MATTERS IN THE FUTURE!

  • @I_Trade_Negative_RR

    #XRP LETTSSSGOOOOOOOOOOOOOOOOOOOOOOOOOOOO

  • @williamwallacex45
    @williamwallacex45 Před rokem

    MARTINA FROM SAINSBURYS, IF YOU SEE THIS MESSAGE CONNECT WITH ME AND I'LL SHOW YOU WHAT TO RESEARCH

  • @criticalwealththeory

    this is amazing

  • @georgeyao436
    @georgeyao436 Před rokem

    ISO20022 is just one piece of the puzzle. There are hundreds of pieces like DEFI combined will make a high speed financial system based on IPV6 and 5G mobile to enable transaction anywhere. XRP is the only one that is currently being use globally for wealth transfer no other crypto can claim that.

  • @dola7207
    @dola7207 Před rokem

    Do La vor 0 Sekunden en.m.wikipedia.org/wiki/ISO_20022# new coin on iso20022 XEP wow

    • @jl3268
      @jl3268 Před 7 měsíci

      Not a legitimate source for facts.

  • @shadareabayomi3117
    @shadareabayomi3117 Před rokem

    Very good job, this is absolutely educational, thank you so much.

  • @Sage.photogrphy
    @Sage.photogrphy Před rokem

    No thank you I think we should all just go back to the gold standard we don’t want your modern slavery on to us

  • @kangchrischannel
    @kangchrischannel Před rokem

    CONGRATULATION