Seon

SEPTEMBER 23, 2024

Compliance with anti-money laundering (AML) regulations is now a legal obligation. Payment screening helps ensure transactions comply with AML laws and international sanctions, protecting financial institutions, fintechs, payment providers, and igaming companies from fines and legal issues.

Suspicious Activity Report (SAR) 52

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

FICO

DECEMBER 23, 2020

We predict that regulators will continue to emphasize financial crimes compliance by looking to close the gaps in existing frameworks and regulations. The final rule extending AML regulatory requirements to banks lacking a federal functional regulator is just one such example. Regulators Will Zero in on Closing the Gaps.

Financial Crimes 52

Financial Crimes Ransomware Crime AI 52

PYMNTS

AUGUST 14, 2019

His worry, he said, are the areas where they have expected to see more data reporting and haven’t; as well as indications that casinos have been taking their foot off the gas pedal of late when it comes to their compliance activities. “It The Team Oriented Nature Of Compliance . Mobile Gaming And Digital Currency .

Fincen 65

Fincen Financial Crimes Crime Suspicious Activity Report (SAR) 65

PYMNTS

JANUARY 1, 2021

The Office of Foreign Assets Control stated in announcing the deal: "As a result of deficiencies related to BitGo’s sanctions compliance procedures, BitGo failed to prevent persons apparently located in the Crimea region of Ukraine, Cuba, Iran, Sudan, and Syria from using its non-custodial secure digital wallet management service.

Bitcoin 80

Bitcoin Cryptocurrency OFAC Treasury 80

Nanonets

SEPTEMBER 27, 2024

Task management and workflow automation Underwriting involves managing multiple tasks such as evaluating applications, collecting additional documents, conducting compliance checks, and updating policy terms. Automated systems can also send reminders for pending tasks or compliance reviews.

Underwriting 52

Underwriting Automation Risk Assessment Assessments 52

Exact Payments

SEPTEMBER 25, 2023

Unless you’re already covered by a third-party provider’s end-to-end PCI certification, or your system is out of scope for compliance, you will need to undergo the PCI certification process. Note that your sponsoring bank and the card networks will regularly request proof of your compliance with these regulations.

PCI DSS 52

PCI DSS OFAC Facilitators Payment Gateways 52

Seon

SEPTEMBER 14, 2023

For instance, an Iranian or Russian IP may be flagged by automated AML systems. Other regions sanctioned by OFAC include: Balkans Belarus Burma Central African Republic Ethiopia Iraq Lebanon Venezuela Yemen Zimbabwe Organizations may have their own list of high-risk countries. Which Countries Are Classified as High-Risk Sources?

Risk 52

Risk Money Laundering Suspicious Activity Report (SAR) AML 52

Exact Payments

AUGUST 23, 2023

Level 3 processing offers the lowest rate available to businesses.

Embedded Payments 52

Embedded Payments B2B Accounts ISVS 52

PYMNTS

FEBRUARY 28, 2018

That includes anti-money laundering (AML) compliance, know your customer (KYC), fraud mitigation, marketing, privacy, document review, Office of Foreign Assets Control (OFAC) compliance, reporting and more. Being a program manager means handling everything other than card issuing, authorization and transaction processing.

Automation 40

Automation Payment APIs and Integration OFAC Interoperability 40