Enfuce unveils new standard to eliminate suspicious payments
From Yahoo Finance: 2025-05-14 06:52:00
Issuer processing company Enfuce has introduced the Fortitude Pledge to combat financial crime risks in card transactions, aiming to address misuse of payments infrastructure for illicit activities. The pledge includes transaction screening, high-risk flagging, prohibition blocking, and suspicious activity reporting, along with employee training in anti-money laundering and counter-terrorism financing. Enfuce emphasizes the importance of commitment to stop fraud and financial crime, urging others to join in upholding compliance standards. The company’s initiatives align with the UN Global Compact Network Finland’s SDG Ambition programme for sustainable development goals. Enfuce previously expanded its E2 card to the UK, France, and Germany with Mastercard collaboration.
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