Neopay

JANUARY 2, 2024

In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance within the financial services sector. Additionally, Neopay tests various files to ensure that processes align with regulatory and internal requirements.

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 59

FICO

MARCH 24, 2021

Financial Intelligence Units (FIUs) can play a critical role in producing sophisticated analysis on TBML schemes – including reporting entities (SAR/STR data). The graph below shows the trend of TBML-related SARs filed with FinCEN between 2014 and 2018. million SARs filed overall during the same period. by Claudia Huesmann.

Money Laundering 98

Money Laundering SARS Financial Crimes Fincen 98

The Fintech Times

JULY 7, 2024

Since the start of BitOasis, trust and regulatory compliance have been a key pillar in our mission to drive crypto adoption across MENA. Users can buy, sell and hold over 60 tokens with fiat currencies such as AED, SAR, and USD. Since its inception, the company has processed over $6billion in trading volume.

SARS 59

SARS Regulatory Compliance Volume Compliance 59

Seon

MAY 10, 2024

If it’s determined a SAR needs to be filed, all the information needed can be found within case details, populated and filed directly with the regulatory authorities. What is AML Compliance? Suppose a transaction is identified as suspicious without a clear lawful purpose.

AML 52

AML Money Laundering SARS Suspicious Activity Report (SAR) 52

The Fintech Times

SEPTEMBER 14, 2024

She explains while AI can streamline compliance processes and save compliance teams time to spend elsewhere, firms need to be careful about how they implement it. However, well-implemented models can have a significant difference in compliance activities, particularly when dealing with complex matching challenges.

Compliance 69

Compliance AI Process Suspicious Activity Report (SAR) 69

Neopay

JULY 4, 2024

Nigel Reed, COO of Neopay Ltd, has personally supported over 100 firms in gaining authorisation from the FCA and continues to provide support to them after authorisation to help them with their AML and regulatory compliance. The post What’s happening with the FCA and AML? Thanks for taking time out to talk to us.

AML 52

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

FICO

APRIL 10, 2019

The Chartis Vendor Analysis report highlights the impact of FICO’s AI developments in two areas related to fraud detection and regulatory compliance – real-time payments and anti-money laundering (AML): “Real-time payments are rapidly gaining traction in the US, spurred partly by dramatic growth in the use of P2P services and mobile payments.

AI 51

AI Real Time Payments Account Takeovers AML 51