VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring
- 1 year 3 weeks ago
- AML and KYC
VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial crime risks.
Global AML Specialist Napier Responds to Growth in French Market with New Appointment
- 1 year 3 weeks ago
- AML and KYC
Global AML technology specialist Napier has appointed French native Charles Duport in a move designed to better serve its existing and new customers in France, Benelux and Switzerland. Duport joins with a decade of experience in the anti-financial crime solutions market.
KYC Hub Announces Strong Customer Success and Highlights Ambitious Growth Plans
- 1 year 3 weeks ago
- AML and KYC
Due diligence and compliance automation specialist KYC Hub is pleased to report a successful and strong performance over the last 12 months which has seen it sign 55 new customers, launch new products, and win several leading industry awards. With financial crime a fast-growing and ever-evolving challenge, KYC Hub is on a strong upwards trajectory and plans to double its headcount over the coming year to meet growing demand.
NetGuardians Publishes AML Transaction Monitoring White Paper to Drive Improvements in Money Laundering Detection at Banks
- 1 year 3 weeks ago
- AML and KYC
Many of the Anti Money Laundering (AML) systems within banks are no longer fit for purpose according to a white paper published by NetGuardians, the Swiss anti-financial crime FinTech. Machine learning-based solutions for AML can monitor the ever-growing number of instant payment transactions far more effectively.
70% of Compliance Professionals Fear Escalating Menace of Cryptocurrency-enabled Money Laundering
- 1 year 1 month ago
- Compliance
Recent data uncovered by First AML has shed light on the growing threat of cryptocurrency-related money laundering. The survey, which gathered responses from 250 UK business leaders and individuals working in compliance, found that 70% of individuals working in compliance are worried about the growing threat of money laundering via cryptocurrencies in business.
NICE Actimize Launches New AI-Based AML Transaction Monitoring Innovation With Multilayered Analytics to Better Detect Suspicious Activity
- 1 year 1 month ago
- AML and KYC
NICE Actimize, a NICE business, today announced the launch of its breakthrough Suspicious Activity Monitoring (SAM-10) solution.
Kyckr and Blacksmith KYC Partner to Enable Plug-and-play Client Onboarding
- 1 year 1 month ago
- AML and KYC
Kyckr, the corporate Know-Your-Customer company and Blacksmith KYC, the RegTech venture of ING Bank, have partnered by giving Blacksmith’s clients access to Kyckr's real-time data retrieval and registry connections - simplifying onboarding and review processes that would otherwise take months.
SmartSearch adds TransUnion to Complete Credit Bureau Trident
- 1 year 1 month ago
- AML and KYC
SmartSearch has further strengthened the market-leading reliability of its digital anti-money laundering solution by adding global information and insights company, TransUnion, to its identity-check partners. SmartSearch now offers a “triple-bureau” electronic verification and digital compliance platform using global data partners Experian, Equifax, and now TransUnion, to give regulated firms the industry’s most reliable match and pass rate.
Majority of Financial Services Firms Report Increased Compliance Expenditure – Survey Finds
- 1 year 1 month ago
- Compliance
The majority (76%) of financial services firms have increased compliance expenditure over the past year, according to the Annual Compliance Health Check Report from SteelEye, the firm behind the first and only truly integrated surveillance solution.
Veriff Launches Know Your Customer (KYC) Education Center
- 1 year 1 month ago
- AML and KYC
Veriff, a global identity verification provider, today announced its new Know Your Customer (KYC) Education Center. Offering a comprehensive library of KYC articles and guides, the hub acts as an essential resource for businesses looking to remain compliant with quickly evolving Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations.
Regula Redesigns Its Biometric Verification: The Fast, Versatile, and Fraud-Proof Solution
- 1 year 1 month ago
- Compliance
In the age of sophisticated identity fraud, including fraud enabled by artificial intelligence (AI), it’s of paramount importance to establish a comprehensive and highly diverse verification process to enable as many identity checks as possible.
Sumsub Releases Transaction Monitoring Guide to Advise Businesses on Fighting Fraud and Staying Compliant
- 1 year 1 month ago
- Compliance
Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, today published its Complete Guide to Transaction Monitoring to provide a detailed picture of transaction monitoring as an integral part of the verification system.
iDenfy’s New Partnership with Fincapital Partners: Increased Security Through KYC/AML Tools
- 1 year 1 month ago
- AML and KYC
iDenfy, a Lithuania-based RegTech offering ID verification and fraud prevention tools, announced joining forces with Fincapital Partners, a fintech offering a suite of tools from trading and crypto exchanges to banking services. From now on, iDenfy will provide a smooth onboarding process for the financial business while ensuring KYC/AML compliance.
Encompass Named Founding Member of Data and Technology for Compliance Alliance
- 1 year 1 month ago
- Compliance
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has been named as a founding member of the Data and Technology for Compliance (DT4C) Alliance, formed to provide a leading voice in the fight against financial crime.
Encompass Unveils pKYC Maturity Model to Set Benchmark for Regulatory Compliance
- 1 year 1 month ago
- AML and KYC
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has unveiled its perpetual Know Your Customer (pKYC) maturity model, setting a new benchmark for regulatory compliance to support the fight against financial crime
