Finovate

OCTOBER 4, 2024

In its funding statement, the company noted that it plans to launch additional features including conversational banking and AI-driven automation and insights as part of its expansion plans. The new offering is a set of data/AI infrastructure and development capabilities that embed natively in the Enterprise Banking Platform.

AI 64

AI Innovation Payment APIs and Integration Online and Mobile Banking 64

Finovate

SEPTEMBER 18, 2024

The partnership will integrate ID-Pal’s AI-powered identity verification technology into CLOWD9’s payment solutions portfolio. Courtesy of the partnership, CLOWD9 will offer ID-Pal’s AI-powered identity verification technology via its payment solutions portfolio.

Fraud Detection 64

Fraud Detection Verification Payment APIs and Integration OFAC 64

Finovate

AUGUST 6, 2024

Verify consolidates essential checks like KYC and OFAC, simplifying compliance, reducing risk, and enhancing efficiency. GenRPT GenRPT is an AI-driven insights and reporting platform that allows users to generate visual reports from databases in plain English, supporting SQL, Excel, PDF, CSV formats, and more.

Credit Union 52

Credit Union OFAC Alternative Payment Methods Database 52

Finovate

MAY 16, 2024

“With the explosion of new fraud vectors, our mission at Socure remains steadfast: use AI to deliver the most accurate anti-fraud and identity verification solutions in the industry,” Socure Founder and CEO Johnny Ayers said. Socure began the year announcing a pair of new partnerships.

Authorization 59

Authorization Verification OFAC Deepfake 59

PYMNTS

OCTOBER 11, 2017

Israch explained the module looks for patterns across the supplier database, analyzing factors such as tax data, contact information and IP address, among other elements. The only exceptions are high-risk Office of Foreign Assets Control (OFAC) hits.

OFAC 43

OFAC Payee Money Laundering Fed 43

FICO

MARCH 6, 2020

FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. Here at FICO, AI is in everything we do. Advanced technology, AI and machine learning tools will help reduce workload by largely automating AML, cut the cost of compliance processes again and improve their effectiveness.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Seon

SEPTEMBER 23, 2024

It involves comparing the details of a transaction against various sanctions lists, watchlists and other databases of high-risk entities before the transaction is completed. This process is essential for maintaining compliance in an increasingly regulated financial landscape. How Does the Payment Screening Process Work?

Suspicious Activity Report (SAR) 52

Suspicious Activity Report (SAR) Money Laundering Due Diligence AML 52