FICO and Visma Connect Launch Partnership to Offer SaaS Anti Financial Crime Solutions in Western-Europe
- 6 years 4 months ago
- Data Protection, Fraud Detection, Compliance, AML and KYC
Visma Connect, the leading Dutch critical payments services provider and FICO have launched a partnership to jointly deliver FICO’s best-in-class Anti-Financial Crime solutions for Know Your Customer (KYC), anti-money laundering (AML) and real-time sanctions screening to banks, FinTechs, payment institutions, PSD2 third-party providers and corporations.
Accuity Data Reveals Increased Complexity of Sanctions Compliance and Implications for Global Trade
- 6 years 4 months ago
- Payments, AML and KYC
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, has revealed new research into the current sanctions landscape that demonstrates a significant increase in complexity for organisations involved in global trade. At the same time, the stakes have never been higher; almost $1.3 billion worth of fines have already been issued by OFAC for breaches to U.S. Sanctions in 2019 – more than... more
IHS Markit Named Best in Class for Client Onboarding and KYC by Aite Group
- 6 years 5 months ago
- AML and KYC
IHS Marki, a world leader in critical information, analytics and solutions, today announced that its client onboarding, entity data management and know your customer (KYC) services achieved the highest, “Best in Class” ranking in a new report on client lifecycle management by Aite Group.
Trulioo Announces $70M in Funding
- 6 years 5 months ago
- AML and KYC
Trulioo , a Vancouver-based global identity verification provider, has raised a total of C$70 million in new funding, including $60 million in Series C financing led by Goldman Sachs Growth Equity, with participation from Citi Ventures, Santander InnoVentures and existing investor American Express Ventures, and $10 million in unannounced follow-on funding from early investors Blumberg Capital and BDC Capital from last year.
Encompass Corporation AML penalty analysis
- 6 years 5 months ago
- AML and KYC
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, recently carried out an analysis of Anti-Money Laundering (AML) related penalties handed down between 1 May and 31 August 2019. Key observations from the analysis are as follows:
Zenus Bank Accelerates Transition to the Cloud with NICE Actimize Anti-Money Laundering and Fraud Essentials
- 6 years 5 months ago
- Cloud, Fraud Detection, Compliance, AML and KYC
Leading the industry with solutions protecting challenger banks and digital financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in autonomous financial crime management, was selected by Zenus Bank, San Juan, Puerto Rico, to establish a cloud-focused financial crime strategy for both anti-money laundering compliance and enterprise fraud protections with its
Open invitation for Supreme Fintech Media Launching
- 6 years 6 months ago
- AML and KYC
The founder of Supreme Fintech from Malaysia is excited to announce the launch of the Supreme Fintech mobile app and financial services, aiming to be the most innovative and advanced private E-banking system in the world. Supreme Fintech is a rapidly growing virtual bank, that specializes in financial technology. It is a worldwide platform that helps to make life easier for individuals from around the globe, for businesses to grow and for... more
MoneyNetint Forms New Partnership with Onfido to Enhance Biometric Security
- 6 years 6 months ago
- Digital Identity, AML and KYC
MoneyNetint has partnered with Onfido, to help enhance their online security procedures so users
Icelandic acquiring bank Borgun hf. invests in cutting-edge FinTech from TruNarrative
- 6 years 6 months ago
- Payments, Banking, AML and KYC
Icelandic acquiring bank Borgun hf. – which offers Europe-wide payment processing and issuing services in Iceland – has invested in a new platform from TruNarrative, to help boost the firm’s merchant lifecycle management (MLM) and onboarding processes. As a member of Visa Europe and Mastercard International, the new platform will enable Borgun to easily adopt new merchants into its payment network, as well as quickly and securely adapt its... more
Deutsche Bank Wealth Management Selects Finantix KYC Solution to Empower KYC Processes with AI Tools
- 6 years 7 months ago
- Artificial Intelligence, AML and KYC
Finantix, a leading supplier of transformational software to the private banking, wealth management and insurance industries globally, announced that Deutsche Bank Wealth Management has chosen its AI-powered Finantix KYC Solution to help enhance the bank’s client onboarding and know-your-client (KYC) processes.
Protiviti and Appway to Help Financial Institutions Automate Key Anti-Money Laundering Processes
- 6 years 8 months ago
- AML and KYC
Global consulting firm Protiviti has formed a business alliance with leading process software provider Appway to enab
iSignthis Paydentity KYC Continues to Drive Applications
- 6 years 8 months ago
- AML and KYC
iSignthis Ltd (“the Company”), is pleased to announce that it has now approved more than 150 reportable accounts1. The focus this last month has been on more complex and larger entities, in sectors adjacent to our CFD/FX core markets. Onboarding of approved merchants continues at a pace driven by the merchant integrating to our API’s, consistent with our guidance and expectations.
Refinitiv and Napier to help combat money laundering with improved transaction monitoring solution
- 6 years 8 months ago
- Fraud Detection, Compliance, AML and KYC
Refinitiv has partnered with Napier, a leading anti-money laundering (AML) and intelligent compliance software provider, to offer a next-generation transaction monitoring solution designed to help corporates and financial institutions tackle money laundering and combat emerging threats in financial crime. The partnership offers Napier’s advanced analytics, automation and transparent artificial intelligence, backed by Refinitiv’s World-Check Risk... more
StreamMind rolls out global confirmation payee solution for banks to comply with new Payment Systems Regulator’s code of practice
- 6 years 8 months ago
- Fraud Detection, Compliance, AML and KYC
StreamMind, a leading technology provider, announced the roll out in Europe of its solution to prevent bank transfer scams, a solution that allows a user to match an identity with bank account number. The solution enables the bank to comply with the recent proposal by Payment Systems Regulator to fully put confirmation of payee measures in place by 31st March 2020.
Fraud Prevention and Identity Verification Technologies at Identity Week London
- 6 years 8 months ago
- Security, AML and KYC
Identity Week comprises three world-class events –Digital:ID, Planet Biometrics & Security Document Week– all focused on the concept of identity verification Gradiant is showing at Digital:ID EXPO its trustworthy solutions for document fraud prevention and biometric customer identity verification.
