Finextra

MAY 17, 2024

In a proactive move to bolster transparency and security within its operations, Samana Developers, a leading real estate company, has appointed Complyfin, a Dow Jones-affiliated solution provider which assists businesses in managing their regulatory compliance obligations, including on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (..)

AML 52

AML Compliance Money Laundering Regulatory Compliance 52

The Payments Association

MARCH 12, 2024

Payment compliance is expensive, but the cost of non-compliance can be worse. No one-size-fits-all solution exists to meet the varying risk profiles of all firms but organisations can access cloud solutions to improve their compliance and adapt to the ever-changing AML landscape. Read more

Compliance 88

Compliance AML Payments Risk 88

Finovate

MARCH 28, 2024

Fraud and risk platform DataVisor launched its anti-money laundering (AML) solution this week. AI-powered fraud and risk platform DataVisor launched its end-to-end anti-money laundering (AML) solution this week. AI-powered fraud and risk platform DataVisor launched its end-to-end anti-money laundering (AML) solution this week.

AML 59

AML Compliance AI Money Laundering 59

The Fintech Times

FEBRUARY 11, 2024

Napier , the London-based global financial crime compliance regtech, has served up new solutions with advanced analytics and intelligent automation embedded into their configuration. The post Napier Launches Two New Service Offerings for Enhanced AML Compliance appeared first on The Fintech Times.

Compliance 82

Compliance AML Financial Crimes Payment APIs and Integration 82

Fintech Finance

OCTOBER 11, 2024

Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs. AML program, broadly aligned to its existing remediation program, which is progressing steadily under the direction of its new U.S. AML leadership team. Formal oversight of the AML remediation through a Monitorship. balance sheet.

AML 97

AML BSA Money Laundering Financial Crimes 97

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Let’s get started.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

The Fintech Times

JUNE 19, 2024

By leveraging the Fenergo software-as-a-solution solution, First Abu Dhabi Bank hopes to speed up client onboarding and enhance its anti-money laundering ( AML ) compliance processes. Fenergo explained it plans to help First Abu Dhabi Bank to deliver end-to-end digital client onboarding and risk assessment for sanctions, AML and KYC.

AML 58

AML Compliance Money Laundering Regulatory Compliance 58

Finextra

OCTOBER 24, 2024

Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures are essential components of a ro.

Procedures 52

Procedures AML Money Laundering Compliance 52

The Fintech Times

AUGUST 9, 2024

AU10TIX , the identity verification and management firm, has unveiled a new anti-money laundering (AML) solution, in a move to help businesses ensure a safer approach to risk mitigation. This allows businesses to efficiently manage their compliance requirements, saving both time and money.

AML 63

AML Risk Payment APIs and Integration Money Laundering 63

Fraud.net

NOVEMBER 24, 2023

Find out what regulations apply to AML in banks and how you can remain compliant. In this digital age, anti-money laundering is challenging.

Regulatory Compliance 52

Regulatory Compliance AML Money Laundering Compliance 52

The Paypers

JULY 24, 2023

New Zealand-based anti-money laundering technology developer First AML has partnered with Actionstep to facilitate international AML compliance.

AML 36

AML Compliance Money Laundering Facilitators 36

Finextra

DECEMBER 7, 2023

Cytora, the leading digital risk processing platform and Vespia, a provider of compliance data, is proud to announce Vespia’s AI powered risk analytics are now being used to enhance the underwriting process seamlessly within Cytora’s digital risk processing platform, providing commercial insurance underwriters with deeper insights into business risks (..)

AML 40

AML Compliance Underwriting Risk 40

The Fintech Times

NOVEMBER 7, 2024

Through this partnership, Boerse Stuttgart Digital is aiming to embrace the continuing growth of Europe’s crypto market by enhancing the scalability of its infrastructure solutions, while streamlining compliance processes in collaboration with Fenergo. Together with Fenergo, we continue to drive the adoption of crypto across Europe.”

Compliance 58

Compliance Process Money Laundering Regulatory Compliance 58

Neopay

JULY 4, 2024

With the change in the anti-money laundering (AML) supervisory approach of the Financial Conduct Authority (FCA), many firms are nervous about whether they will face FCA scrutiny and what to expect if they do. He has shared his insight and experience to assist firms with the changes to the FCA’s approach to AML supervision. No problem.

AML 52

AML Due Diligence Suspicious Activity Report (SAR) Risk Assessment 52

Finextra

SEPTEMBER 30, 2024

Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have partnered to offer fintech companies a complete end-to-end solution—ensuring that businesses can grow their business while remaining fully compliant with local and global regulations.

Compliance 52

Compliance AML Regulations FinTech 52

Fintech News

JUNE 19, 2024

Sumsub, a global verification platform, has joined forces with financial software provider Finastra to enhance compliance processes for financial institutions worldwide. This integration is designed to help financial institutions maintain compliance, protect their reputations, and reduce operational inefficiencies.

Compliance 104

Compliance Fraud Prevention Due Diligence Money Laundering 104

Fintech News

FEBRUARY 26, 2024

Flagright, an AI-native company specialising in Anti-Money Laundering (AML) compliance and fraud prevention, has announced its partnership with SALT, a financial platform aiming to support Small and Medium Enterprises (SMEs) in India and Asia.

Fraud Prevention 109

Fraud Prevention Compliance AML Money Laundering 109

Finextra

FEBRUARY 7, 2024

Napier, the London-based global financial crime compliance RegTech, is pleased to announce that its award-winning Anti Money Laundering (AML) platform, Napier Continuum is now available through two new service offerings: Napier Continuum Live and Napier Continuum Flow.

AML 45

AML Compliance Money Laundering Financial Crimes 45

Fintech News

MARCH 3, 2024

FOMO Group, a Singapore-based financial holding company, announced that it has appointed Cindy Ho as its new Group Head of Compliance. FOMO Group has consistently demonstrated its commitment to the highest standards of compliance. She has previously served as the Chief Control Officer at Bank J. Before her tenure at Bank J.

Compliance 101

Compliance AML Money Laundering Regulatory Compliance 101

Finextra

AUGUST 1, 2024

TransPecos Banks, an innovative Texas-based community bank, has selected Oscilar’s innovative AI-Powered AML Risk Platform to transform its compliance and risk management capabilities.

AML 52

AML Risk Regulatory Compliance Community Banks 52

Neopay

AUGUST 7, 2024

As regulatory requirements have increased over recent years, the pressure between compliance and sales is causing problems for many firms. The relationship between compliance and sales is critical for the success of any financial services business.

Compliance 52

Compliance AML Procedures Risk 52

Neopay

MARCH 7, 2024

In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1 firms. The FCA remains steadfast in its commitment to providing guidance and support to firms, fostering an environment of compliance and integrity.

AML 52

AML Financial Crimes Crime Risk Assessment 52

The Paypers

JULY 31, 2024

Ireland-based Fenergo has announced that Caribbean-based PROVEN Bank has deployed its transaction monitoring solution to streamline AML processes.

AML 36

AML Compliance Transactions Process 36

PYMNTS

DECEMBER 10, 2020

This lack of identity information is compounded by the weak KYC procedures of many cryptocurrency exchanges, with a recent study finding that 56 percent of all exchanges lacked sufficient KYC processes, many of which did so on purpose to avoid complying with AML regulations. Enforcing AML/KYC Compliance At Cryptocurrency Exchanges.

AML 88

AML Cryptocurrency Money Laundering Compliance 88

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

AML 74

AML Legal Compliance Verification 74

The Fintech Times

JULY 31, 2024

. “Issues such as data privacy, cross-border transactions, and adherence to stringent anti-money laundering (AML) protocols require constant vigilance and adaptation. Collaborative efforts between industry leaders and regulators are essential to streamline compliance processes without stifling innovation.”

Compliance 63

Compliance AML Regulations Due Diligence 63

PYMNTS

JANUARY 28, 2020

Issuers, merchants, payments service providers (PSPs) and other interested parties are closely watching developments in AML/KYC and counter terrorist financing (CTF) regulations, as governments worldwide clamp down strongly on identity scams.

AML 60

AML Compliance Money Laundering Due Diligence 60

Finextra

JANUARY 3, 2024

AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, is excited to announce a strategic partnership with TransactionLink, the Berlin-based no-code platform, in a move that will transform the landscape of Anti-Money Laundering (AML) and Know Your Customer (KYC) automation.

AML 45

AML Money Laundering Financial Crimes Compliance 45

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

AML 65

AML Compliance Financial Crimes Automation 65

The Fintech Times

JANUARY 17, 2024

Helping firms achieve this, Minerva , an anti-money laundering (AML) compliance technology provider, has launched a new channel programme to provide better accessibility to its services. The channel programme is ideal for organisations looking to resell, cosell, integrate, or refer Minerva’s AML solution to customers.

AML 58

AML Financial Crimes Crime Money Laundering 58

The Paypers

JULY 1, 2024

The Financial Action Task Force (FATF), a global Anti-Money Laundering (AML) organisation, has announced that India passed its review, achieving a high level of technical compliance.

AML 41

AML Money Laundering Compliance 41

PYMNTS

DECEMBER 8, 2020

The December AML/KYC Tracker® explores the latest in AML/KYC developments, including the growing problem of money laundering at cryptocurrency exchanges, the transaction analysis and user verification procedures exchanges are deploying to stop launderers, and the still-extant problem of money laundering at traditional financial institutions.

AML 104

AML Cryptocurrency Verification Money Laundering 104

Seon

JULY 11, 2024

Guest panelists included James Nurse, Managing Director at FINTRAIL; Hannah Becher, Lead of Fraud and AML Surveillance at Pleo; Matthew Tataryn, Director of Financial Crime Risk at Tide Platform; and Jeremy Doyle, Director of Growth, AML Solutions at SEON. Below are the top takeaways from the discussion: 1.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

PYMNTS

OCTOBER 16, 2019

The latest Digital Banking Tracker brings research and expert commentary from the FinTech and consumer banking space with a focus on anti-money laundering (AML) and solutions. The Cost of Compliance. However, more than half (51 percent) characterized their AML risk assessment, specifically, as “very” or “completely” effective.

AML 49

AML Compliance Money Laundering Financial Crimes 49

The Fintech Times

APRIL 29, 2024

In the last two decades, anti-money laundering (AML) regulatory framework, processes and mechanisms have not changed much. Alexandre Pinot , co-founder and head of innovation and strategy at Vilnius, Lithuania, headquartered AMLYZE , the AML/CFT compliance firm explains where the gaps in the current AML system are.

Money Laundering 77

Money Laundering AML SARS Financial Crimes 77

The Paypers

FEBRUARY 6, 2024

HFS Research has partnered with AML RightSource in order to release a study on individuals and teach imperatives that drive new automation in fincrime compliance.

AML 45

AML Research Compliance Automation 45

Finextra

APRIL 24, 2024

Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion.

AML 52

AML AI Money Laundering Finance 52