Trends Impacting Compliance Technology in 2022
- 3 years 3 months ago
- RegTech, Compliance, AML and KYC
Although Covid came and changed the way we live and work over the past 24 months, for those working in compliance, it meant the introduction of more laws, rules and regulations. With these additions, compliance teams continue to face more regulations that need to be discussed, analyzed and implemented. It is also forecasted that the demand for technology will continue to grow which will require the use of automation and Artificial Intelligence... more
Jumio Completes 4Stop Acquisition
- 3 years 3 months ago
- Artificial Intelligence, AML and KYC
Addition of 4Stop’s data sources to the Jumio KYX Platform realizes Jumio’s strategic vision of redefining the end-to-end identity industry
Mobai and Keesing Technologies partner to bring seamless ID verification for secure customer onboarding to market
- 3 years 3 months ago
- AML and KYC
Mobai AS and Keesing Technologies team up to prevent identity fraud and enhance KYC processes by launching frictionless end-to-end identity verification. The partnership adds cutting-edge face verification technology to one of the world’s premier identity verification platforms, providing a highly secure and trusted means of customer screening and onboarding for both on-site and remote settings.
Tier1 Appoints Compliance Software Sales Expert Megan Howe to Expand North America Footprint
- 3 years 4 months ago
- Compliance, AML and KYC, CRM
Tier1 Financial Solutions (“Tier1”), a leading provider of client relationship management (“CRM”) solutions, AML compliance and fraud prevention solutions, has appointed Megan Howe as Managing Director, North America Sales. Howe will be responsible for driving compliance software and buy-side CRM sales in North America, delivering a range of client lifecycle management solutions.
PassFort, a Moody’s Analytics Company and Trulioo Announce Global Partnership
- 3 years 4 months ago
- Digital Identity, AML and KYC, Authentication Technology
The collaboration gives regulated firms choice and flexibility to automate global KYC
60% of Fraudsters Use Physical Fakes: New Study From Sumsub
- 3 years 5 months ago
- Fraud Detection, AML and KYC
Anti-fraud and verification platform, Sumsub, is sharing the results of its identity fraud research to help businesses protect themselves from cybercriminals
New Figures Show AML Enforcement isn’t Slowed by Pandemic, Reveals Kroll
- 3 years 5 months ago
- AML and KYC
Forty-five fines for money laundering failures issued in 2020; on par with 45 issued in 2019 Fines for anti-money laundering (AML) failings globally five times higher in 2020 than 2019, totalling USD 2.2 billion Total fines for AML failings in January – June 2021 stand at 45% of 2020 total, totalling USD 994 million
PAYSTRAX Selects Sentinels to Boost AML Transaction Monitoring for European Payment Services
- 3 years 5 months ago
- Payments, AML and KYC
Contract with Lithuanian merchant acquirer expands Sentinels’ customer footprint in the Baltic region Sentinels, Europe’s leading intelligent transaction monitoring platform, has been selected by European merchant acquirer, PAYSTRAX uab, to enhance the anti-money laundering (AML) processes for its portfolio of European payment services and future-proof the business in line with the increasingly stringent regulatory environment in Lithuania.
SmartSearch Announced as Preferred AML Supplier for Alto
- 3 years 5 months ago
- AML and KYC
SmartSearch, the leading anti-money laundering specialist, is providing its industry leading customer verification system to Alto, the leading cloud-based software for agents and part of Zoopla.
The Importance of Know Your Business (KYB)
- 3 years 5 months ago
- AML and KYC
How to check the legitimacy of a company you work with to avoid risky business relationships
New QuantaVerse Models Further Enhance Volume and Value (V&V) Predictions to Stop False Positives Before They Happen
- 3 years 5 months ago
- Artificial Intelligence, AML and KYC
QuantaVerse Reduces V&V-Triggered False Positives Created by Transaction Monitoring Systems (TMS), Slashing the Number of Unnecessary AML Investigations
FireStarter Implements Blockpass KYC for Incubated Metaverse Projects
- 3 years 5 months ago
- Compliance, AML and KYC
Blockpass is proud to announce its latest partnership with FireStarter, the launchpad for Initial Metaverse Offerings. To ensure projects that it incubates and launches are secure and compliant, FireStarter will be using Blockpass' proprietary KYC solution, including the enhanced 'Managed Service' option to ensure its clients enjoy the benefits of extra reviews and a dedicated team focused on their processes.
Gambling Sector Outpaces Other Regulated Entities in the Race to Achieve Compliance With 5MLD, According to Research by LexisNexis® Risk Solutions
- 3 years 5 months ago
- AML and KYC, Risk Management
The online gaming sector is two thirds (66%) of the way through its 5MLD implementation programme, compared to an average of (60%) across all AML regulated sectors Firms need to double their efforts if the impending regulatory clampdown happens as the sector predicts Gaming operators expect to foot the biggest implementation bill of all the those surveyed, with firms on average budgeting for a £1 million+ spend
ComplyAdvantage Releases Anti-Money Laundering Guide For Digital Banks
- 3 years 5 months ago
- AML and KYC, Data, Risk Management
The New Guide Provides Digital Banks With Important Insights Including Global and Regional Policy Trends, AML Risk Assessment Considerations And Examples Of Best-In-Class Risk Management Programming
TRM Labs, Eventus, Notabene Form Partnership to Deliver One-stop Compliance Solution for Digital Asset Ecosystem
- 3 years 6 months ago
- Blockchain, Trading Systems, AML and KYC
Project TEN offers combined solution for crypto anti-money laundering (AML), trade surveillance, Travel Rule compliance Three market leaders in the global digital asset regulatory and compliance space have formed a partnership to create a one-stop solution for firms across the digital asset ecosystem, solving for cryptocurrency anti-money laundering (AML), trade surveillance, as well as Travel Rule compliance for Virtual Asset Service Providers... more
