CubeIQ Blog - CubeIQ Limited

Review & Reports Elements on CubeIQ AML systems operation evaluation program for Banks and Financial Institutions requiring to evaluate the configuration and setup of their AML operations.

CubeIQ is launching an AML Systems operation evaluation program for Banks and Financial Institutions requiring to evaluate the configuration and setup of their AML operations

May 25th 2018 is the date that the General Data Protection Regulation (GDPR) will be set in force. Six steps for companies and organizations to achieve regulation compliance.

There is a little over a year before the General Data Protection Regulation (GDPR) applies, May 25th 2018 and the changes it will bring to the world of business are immense. Companies and Organizations addressed by the regulation that will not comply on due date will face heavy fines.

EMV chip technology adoption has enabled issuers to efficiently fight “card present” fraud. However, consequently fraud is increasingly moving to “card-not-present - CNP” transactions which are performed mainly in eCommerce stores but also through mail & phone order.

The largest smart card, payment and identification exhibition in the eastern hemisphere, 31 of May to 1 of June, Dubai, UAE. www.terrapinn.com/exhibition/cards-and-payments-middle-east

We are looking for talented, smart, ambitious and enthusiastic people to join to our professional and experienced team. Given our growth, we have several full-time opportunities available in software research and development.

Fourth (4th) Money Laundering Directive EU/2015/849 published on June 5, 2015 addresses AML/CFT requirements for Non-Financial institutions and companies and defines which Non-Financial institutions and companies are AML/CFT Obliged Entities and therefore should implement an AML Compliance Program.

Fourth (4th) Money Laundering Directive EU/2015/849 published on June 5, 2015 defines that Customer Due Diligence – CDD is obligatory to several Non-Financial institutions and companies’ categories. CubeIQ is providing AML On-Line™ service for on-line names filtering against Specially Designated Nationals – SDN List.

In the past, the need for extensive investments had made the implementation of bank cards instant issuance systems, in many cases, impractical. Now, with CubeIQ new approach on Instant Issuance, financial institutions can issue cards simply and cost-effectively in their branches and other remote locations.