Today, FinTech companies and NeoBanks have literally flooded the market, and it is almost impossible to decide which one to trust with our money. Businesses are still making such important decisions based on gut feelings, or even worse, the false promises of the providers' sales teams. Since originally I'm an economist, I use special tools in my work. One of the most powerful, yet underused, tools is Benford’s Law. Benford’s Law is a mathematical principle used by auditors an

The latest edition of Game Changers Magazine, is featuring an article by Viktoria Soltesz at PSP Angels. For many FX brokers, CFD firms, and prop trading companies, the biggest challenge is payments. Clients expect instant deposits, fast withdrawals and seamless onboarding. But behind the scenes, companies have to navigate a complex web of compliance requirements, documents, tech to satisfy the banks and payment providers. Liquidity management and cross-border regulations are

Payment providers are one of the most important control points within the financial system, and this makes them a critical line of defence against financial crime. But this creates a structural paradox. The same infrastructure that gives payment providers unmatched visibility over financial flows is optimised to let those flows pass as smoothly as possible. Regardless of the regulatory exposure, without the right tools, experience, and internal expertise, many providers strug

Argentina recently proposed a legal framework for so-called "non-human corporations", which are basically entities operated by AI agents. This created a massive fear amongst global compliance professionals. You cannot expect to innovate at the top while leaving the financial infrastructure behind. Every business still depends on payments and banking which are all run buy already complicated compliance rules and regulations. If the foundation is weak, the entire structure even

Every payment tells a story about the customer: where they are located, what they purchased, when they purchased it, how often they return, how they prefer to pay, how much they spend, and how their behaviour changes over time. Payment data can provide a highly accurate picture of customers themselves as well about their behaviour because it shows real transactions, not just their intentions. The irony is that many businesses collect this information every day but rarely use

Today we can pick from multiple payment providers, neobanks and payment methods. But how safe are they to hold our funds? Or how do they even work? Many merchants believe they diversified their payment setup because they integrated several gateways or payment providers. This could not be further from the truth: in reality, many of these providers route transactions through the same acquiring banks, sponsor institutions or infrastructure providers behind the scenes, without fu