Encompass Corporation Appoints Cyndi Festa as Head of Data Sourcing
- 3 years 10 months ago
- AML and KYC, Data, People Moves
Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, today announces the appointment of data management veteran Cyndi Festa to the new role of Head of Data Sourcing. Cyndi joins from Dun & Bradstreet, the leading provider of business decisioning data and analytics, where she enjoyed a distinguished career spanning more than 15 years. Operating globally, she steered areas including... more
IDnow Offers AML Screening and Monitoring
- 3 years 10 months ago
- Digital Identity, AML and KYC
IDnow makes onboarding even easier with automated KYC combined with real-time AML screening and monitoring
smartKYC Partners with Kompany to Provide Live Access to Real-time Global Register Network
- 3 years 10 months ago
- Compliance, AML and KYC
smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, has announced a strategic, data partnership with kompany, the global RegTech platform for business verification and Business KYC (KYB) for AML compliance. Clients of smartKYC and kompany will be able to seamlessly access original company information and documents, from relevant trade and commercial registers instantly via kompany’s global register network.
UK Compliance Professionals are Bracing for an Increase in AML Legislation, as a result of Brexit
- 3 years 10 months ago
- Compliance, AML and KYC, Data, Risk Management
Nearly four fifths (78%) of UK compliance professionals predict more anti-money laundering (AML) regulation is on the way as a direct result of leaving the EU UK firms overwhelmingly support opting out of 6MLD, but are taking it as a sign the UK plans to diverge and create its own AML regulatory framework
Britain’s Binance Ban Illustrates that Even the Largest Exchanges Face AML Inadequacies
- 3 years 10 months ago
- Trading Systems, AML and KYC, Financial
This weekend, Britain’s Financial Conduct Authority announced that Binance Markets Limited is currently “not permitted to undertake any regulated activity” in the United Kingdom. Last month, Binance Markets Limited withdrew its 5MLD application, and all parties seem to agree that the latest developments did not come as a surprise.
Sumsub Receives CySEC’s ASP License to Help Over 1000 Financial Businesses Reach Bank-grade Compliance and Accelerate Growth
- 3 years 11 months ago
- Artificial Intelligence, AML and KYC
Identity verification platform Sumsub secured an administrative services provider (ASP) license from CySEC, a key European regulator with stringent demands. This additional qualification will help Sumsub consult over 1000 businesses that struggle to meet AML requirements.
AML Compliance Costing UK Financial Institutions a Massive £28.7Bn Annually – the Equivalent of Half of Last Year’s Defence Budget Says LexisNexis® Risk Solutions
- 3 years 11 months ago
- Compliance, AML and KYC, Data
LexisNexis® Risk Solutions, the global data and analytics provider, today releases its latest report Cutting the Cost of AML Compliance, which reveals a conservative estimate for AML compliance costs across the UK financial services sector reaching almost £29bn per year.
RegTech Provider Strengthens Foothold in APAC
- 3 years 11 months ago
- RegTech, Security, Compliance, AML and KYC
Napier, provider of next-generation anti-financial crime compliance solutions, has continued its aggressive global expansion strategy with the opening of a second APAC office within 10 months.
Comviva Partners with Accura Scan for Digital KYC and Identity Verification Solution
- 3 years 12 months ago
- Digital Identity, Core Banking, AML and KYC
Comviva, one of the global leaders in providing digital financial solutions, today announced that it has partnered with Accura Scan, one of the world’s leading and most advanced digital KYC (Know Your Customers) and identity verification service provider.
SmartSearch Enters Non-regulated Market as Business Grows
- 3 years 12 months ago
- Platform Technology, AML and KYC
Leading anti-money laundering solution provider SmartSearch has entered the non-regulated market with a new product launch as part of its ongoing business growth. The RegTech specialist, based in Ilkley, West Yorkshire, had its most successful year to date in 2020 and has recently opened offices in the United States and the Netherlands as part of its international growth plans.
ClauseMatch Graduates from TechNation LawTech Sandbox Pilot Advancing the Solution for Digital Regulation
- 4 years 1 month ago
- Security, Compliance, AML and KYC, Security
ClauseMatch has become one of the five innovative tech pioneers to successfully complete LawTech Sandbox, the new programme by TechNation UK. ClauseMatch is an award-winning global compliance technology company (RegTech) that automates policy management and regulatory change management at financial institutions and other regulated organisations. The first cohort of LawTech launched back in November 2020.
Modularbank Partners with HAWK:AI to Add AML Capabilities to Its Product Offering
- 4 years 2 months ago
- Banking, AML and KYC
Modularbank, the Estonian-founded next-generation core banking platform, and HAWK:AI, the German-founded money-laundering detection and investigation platform, have today announced a new partnership which sees HAWK:AI’s AML software added as an out-of-the-box integration to Modularbank’s core banking suite.
TruNarrative Launch New AML and Compliance Solution, TruPortal
- 4 years 3 months ago
- Compliance, AML and KYC
Leeds-based Enterprise RegTech launch low-cost client verification and regulatory compliance solution for Legal, Investment, Accountancy and Real Estate sectors. Leading RegTech firm TruNarrative have expanded their product line-up with new Know Your Customer (KYC) and Anti-Money Laundering (AML) solution TruPortal, designed specifically for low-volume users.
Fenergo Automates and Expedites KYC and Onboarding with Salesforce
- 4 years 3 months ago
- AML and KYC
Fenergo today announced it has launched Fenergo KYC & Onboarding for Salesforce on Salesforce AppExchange, providing customers with new ways to deliver automated straight through client journeys while satisfying Anti-Money Laundering (AML) and Know Your Customer (KYC) regulatory requirements. The app connects Fenergo’s client lifecycle management (CLM) and regulatory intelligence with Salesforce’s client relationship management (CRM),... more
QuantaVerse Launches New Financial Crime Investigation Report to Streamline Level 1 AML Investigations
- 4 years 3 months ago
- Compliance, AML and KYC
QuantaVerse, which uses AI and machine learning to automate financial crime identification and investigations, has introduced an additional
