Sovos Partners with Shopify to Automate Sales Tax Filing and Remittance for Merchants
- 1 week 3 days ago
- Tax Authorities
Sovos, the always-on compliance company, today announced that it has partnered with Shopify to launch Shopify Tax automated filing, a powerful new feature that automates the preparation, filing and remittance of sales tax returns for Shopify merchants. This feature is now available to eligible merchants in the United States using Shopify Tax.
Fenergo Launches FinCrime Operating System With Agentic AI Layer to Supercharge Productivity
- 3 weeks 2 days ago
- Compliance
Fenergo has today launched its FinCrime Operating System (OS), an evolution of its existing solutions to become the single unifying platform across the Client Lifecycle. It leverages trusted Agentic AI to empower financial institutions to overcome spiraling operational costs and rising compliance demands enhanced by geopolitical tension and regulatory flux.
Temenos Launches AI Agent To Transform Financial Crime Mitigation
- 1 month 12 hours ago
- AML and KYC
At the Temenos Community Forum in Madrid, Temenos, a global leader in banking technology, today launched Temenos FCM AI Agent, an advanced screening solution built with AI, real-time evaluation, and robust compliance frameworks to make compliance smarter, faster and more trusted. The solution is generally available (GA).
ComplyAdvantage and Greenlite AI Join Forces to Bring AI Agents to FinCrime Compliance
- 1 month 5 days ago
- Compliance
ComplyAdvantage, a global financial crime risk detection technology provider, today partners with
Flagright and Integrated Finance Partner to Streamline Fintech Compliance
- 1 month 1 week ago
- Compliance
Flagright has partnered with Integrated Finance, a fintech infrastructure platform, to simplify how teams integrate compliance and core banking workflows. By mapping Integrated Finance’s APIs with Flagright’s API , we’ve made it easier for mutual customers to connect infrastructure and compliance workflows from day one.
Ocorian Selects Fenergo to Strengthen Compliance and Enhance Client Lifecycle Management
- 1 month 1 week ago
- Compliance
Ocorian, specialist global provider of fund administration, capital markets, corporate, fiduciary and regulatory services, has partnered with Fenergo to further digitise and simplify client due diligence and regulatory compliance processes across its global operations.
Leading Canadian Financial Services Platform Wealthsimple Taps Eventus for Compliance Solution
- 1 month 1 week ago
- Compliance
Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s fastest growing financial services platforms, serving more than three million clients, with $50+ billion in assets across trading, saving and investing.
European Fintech Company iCard Achieves Secure Customer Verification in Under 60 Seconds with Regula’s Solutions
- 1 month 1 week ago
- AML and KYC
iCard, a leading European e-money institution, has successfully upgraded its customer checks with Regula’s advanced biometric and document verification technologies.
Capgemini Unveils Industry-First Perpetual KYC Sandbox for Real-Time Compliance
- 1 month 2 weeks ago
- Compliance
Capgemini today announced the rollout of a technology sandbox that offers financial institutions a sound framework to migrate from legacy, static Know-Your-Customer (KYC) processes and labor-intensive periodic reviews towards perpetual KYC (pKYC) and event-based reviews. A first of its kind, Capgemini has collaborated with multiple technology partners to orchestrate the integration of this architecture.
Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order
- 1 month 3 weeks ago
- Compliance
Wells Fargo & Company today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated. This is the twelfth consent order closed by Wells Fargo’s regulators since 2019 and the sixth since the beginning of the year. Charlie Scharf, Wells Fargo’s CEO, said of today’s news:
Is Traditional Banking at Risk? 85% of Organizations Are Turning to Digital-First Alternatives Over Clunky KYC Processes
- 1 month 4 weeks ago
- AML and KYC
Corporate banks are grappling with a major client growth and retention challenge, a new survey from Encompass Corporation, a leader in Know Your Customer (KYC) automation and corporate digital identity, reveals. Frustrated by friction in traditional banking transactions, 85% of organisations are actively considering a move to digital-first banks in search of a more seamless onboarding experience.
PingPong Payments Partners With Trulioo for Global Business Verification
- 2 months 3 days ago
- AML and KYC
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with PingPong, a world-leading provider of cross-border embedded payment solutions. PingPong selected Trulioo Business Verification and Watchlist Screening to minimize manual onboarding and deliver rapid, compliant payment experiences worldwide.
BNY Mellon Enhances Compliance Monitoring With Behavox Quantum AI
- 2 months 4 days ago
- Compliance
Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, today announced that BNY (NYSE: BK), a global financial services company, has successfully completed the implementation of Behavox Quantum.
Sharesight’s Automated Portfolio Tracker Saves Australian Tax Accountants Up to 90% of Their Time
- 2 months 1 week ago
- Tax Authorities
Sharesight has identified the drawbacks of Australian accountants relying primarily on manual processes when preparing tax returns for clients with complex investment portfolios. New research by the global fintech platform, which is based in Australia and New Zealand, uncovers how manual effort is costing accounting firms precious hours when dealing with disparate data sources such as CSV spreadsheets, app screenshots and PDF statements.
