JPMorgan and Visa to link blockchain payments;

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NEWS HIGHLIGHT

ComplyAdvantage launches a new financial crime tool with Resistant AI. With it, customers can now detect previously unknown patterns of behavior and identify new risks faster. It also delivers alert prioritization so organizations can focus on the highest-risk areas and make the best use of their investigative resources. Link here

BREAKING NEWS

JPMorgan and Visa to link blockchain payments. JPMorgan Chase and Visa are to establish connectivity between their global private blockchain networks, Liink and B2B Connect. Under the collaboration, Visa B2B Connect will utilise Confirm, a new tool from Liink to validate new accounts for cross-border payments. Link here

State Bank of Pakistan stops Tag’s operations. The Central Bank has made this decision to “protect the interest of the public at large.” It claims it identified violations of its regulatory requirements. Link here