Vanquis Banking Group Chooses FinScan To Help Optimize AML Processes And Strengthen Financial Crime Risk Management
- 2 days 17 hours ago
- AML and KYC
FinScan®, an Innovative Systems solution and leading provider of advanced anti-money laundering (AML) compliance solutions, has signed UK-based Vanquis Banking Group plc, a leading FTSE All Share specialist bank, to further strengthen its AML processes and financial crime risk management.
Muinmos Announces Strategic Partnership With Africa Due Diligence
- 6 days 20 hours ago
- AML and KYC
RegTech firm, Muinmos has formed a strategic partnership with Africa Due Diligence (ADD™) to enhance trust and compliance in the African financial sector and create growth opportunities in the region. As part of the collaboration, Muinmos has acquired an equity stake in Africa Due Diligence and is empowering it with its onboarding technology and KYC solution.
Signicat and Strise Announce Strategic Partnership to Unify Customer Verification and AML Automation Into a Single Solution
- 4 weeks 1 day ago
- AML and KYC
Signicat, Europe’s leading provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AML automation specialist Strise. Together, they are launching an integrated solution for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. This collaboration aims to simplify regulatory processes, enabling businesses to meet complex compliance requirements with efficiency and ease, from onboarding... more
Regula Recognized as a Representative Vendor in the Gartner Market Guide for KYC Platforms for Banking
- 1 month 9 hours ago
- AML and KYC
Gartner® Market Guide for KYC (Know Your Customer) Platforms for Banking acknowledges Regula for Regula Document Reader SDK and Regula Face SDK.
REPAY and Worth Partner for KYB and Underwriting Tools to Speed Merchant Onboarding and Vendor Enrollment
- 1 month 3 weeks ago
- AML and KYC
REPAY , a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 3 months 3 weeks ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
MAS Imposes Civil Penalty of $2.4 Million on JPMorgan Chase Bank, N.A. for Misconduct by Its Relationship Managers
- 3 months 3 weeks ago
- AML and KYC
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates.
LoanPro Launches Smart Verify Tool for KYB/KYC and Ongoing Monitoring
- 5 months 1 week ago
- AML and KYC
LoanPro, the modern lending and credit platform, announced today the launch of Smart Verify, a new suite of data solutions that integrate third-party data sources into their platform for rapid identity verification and ongoing monitoring for business and consumer accounts.
Innovative Systems Expands FinScan’s KYC Solution
- 5 months 1 week ago
- AML and KYC
Innovative Systems, Inc., a leading provider of enterprise data, compliance, integration, and audit solutions, has expanded its Know Your Customer (KYC) technology offerings as part of its FinScan® anti-money laundering (AML) compliance solution.
fundcraft Announces Strategic Partnership With Moonfare To Revolutionise Private Equity Investing
- 5 months 1 week ago
- AML and KYC
fundcraft, a leading provider of digital-native fund operations, today announced that Moonfare, the world’s leading digital platform for private equity investing, is live on its solution. Moonfare seeks to democratise private equity investing. It does so by selecting the best funds from General Partners such as KKR, Carlyle, and EQT, and offering access to these funds to eligible individual investors and family offices.
iDenfy Connects With GlolinkOTC to Integrate KYC/AML Solutions for a Safer Fiat-to-Crypto Exchange Experience
- 5 months 2 weeks ago
- AML and KYC
iDenfy, a Lithuania-based RegTech leader in AI-powered KYC/AML solutions, has partnered with a prominent Czech-based crypto exchange platform, GlolinkOTC. iDenfy will be responsible for ensuring a smooth transition to a fully automated approach to compliance, helping GlolinkOTC build a seamless verification process with extra features like adverse media screening, PEPs and sanctions checks, as well as other compliance-related measures that help... more
TD Bank Group Announces Resolution of AML Investigations
- 5 months 2 weeks ago
- AML and KYC
TD Bank Group today announced that, following several years of active cooperation and engagement with authorities and regulators, it has reached a resolution of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs.
TransUnion Partners with receeve to Drive Innovation in the Collections Industry
- 7 months 2 weeks ago
- AML and KYC
TransUnion, a global information and insights company, and receeve, an all-in-one platform for collections and recovery, proudly announce a strategic partnership to deliver increased collections autonomy and profitability through AI-powered insights and strategy optimisation, all seamlessly integrated into the receeve platform.
AU10TIX Launches Advanced AML Solution Featuring Proprietary Decision-Making Mechanism and Rigorous Quality Checks
- 7 months 3 weeks ago
- AML and KYC
AU10TIX, a global technology leader in identity verification and management, today unveiled its advanced anti-money laundering (AML) solution. Designed to address the significant business risks posed by financial crimes such as money laundering, fraud, and terrorism financing, the solution incorporates rigorous internal quality checks and a proprietary decision-making mechanism to filter out unreliable data and ensure a safer approach to risk... more
Moody's Highlights Entity Verification as Key to AI Accuracy in Risk Management and Compliance
- 7 months 3 weeks ago
- AML and KYC
Moody's has released its latest study, showcasing the pivotal role of Entity Verification data in the adoption of AI tools within the risk and compliance sector.
