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Fintech startup creates tool, claims it can stop bank frauds
short by Arundhati Rawat / on Sunday, 30 December, 2018
Kolkata-based startup Globsyn 3rd.Life has created a tool, which the startup claims can stop financial frauds. The tool, Notiva Prime, acts as a link between domestic banking software and global messaging system SWIFT used by financial institutions to securely transmit instructions in code language. The tool checks all messages for inconsistencies and alerts banks in real-time.
read more at BloombergQuint