Facctum Launches Innovative Real-time Ready Payments Screening Technology for More Effective Financial Crime Compliance
- 1 year 8 months ago
- Compliance
Facctum announces today the release of a new payments screening technology, FacctShield™, to coincide with its début at Money 20/20 Europe, the continent’s largest event focused on payments innovation. As the global payments community gathers in Amsterdam to discuss the future of money, Facctum shows a new approach to deploying cutting-edge technology to address the challenges of financial crime risk.
Tuum and Fourthline Partner to Deliver KYC and AML-compliant Core-banking Solution to Europe’s Banks, Easing Cross-border Expansion and Tech Innovation
- 1 year 8 months ago
- AML and KYC
Tuum and Fourthline have partnered to offer European financial institutions a secure and agile core banking solution that incorporates world-leading end-to-end customer onboarding and monitoring in compliance with KYC (Know Your Customer) and AML (anti-money laundering) regulations. Now, providers can quickly and easily roll-out into new markets, unrestrained by regulatory and technological restrictions.
When Hiring Internationally, 57% of U.S. Businesses Fear Regulatory and Compliance Issues & 50% are Worried about Currency Fluctuation
- 1 year 8 months ago
- Compliance
Solar Staff, a fintech company that connects businesses with freelancers in over 190 countries, surveyed U.S.-based businesses to identify the main trends and the most pressing issues they face when working with independent international contractors.
Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening
- 1 year 8 months ago
- AML and KYC
Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth.
Digital Verification and Anti-Money Laundering Tool Downloaded by 1M+ Users
- 1 year 8 months ago
- AML and KYC
Thirdfort, a client-risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has been downloaded by more than one million users since its launch 4 years ago, or around 2.5% of all adult smartphone users in the UK.* The fast-growing app has seen notable growth in demand, fuelled by fears of fraud and money laundering, alongside Government efforts to encourage the use of digital... more
Murex Survey Shows that, As Asia Pacific Banks Ready for FRTB Compliance, Many Aim for IMA Approach
- 1 year 8 months ago
- Compliance
Asia Pacific financial institutions believe that fundamental review of the trading book (FRTB) rules will increase capital requirements significantly, regardless of risk calculation model used, according to a wide-ranging Murex survey of bank readiness ahead of critical upcoming changes. However, half of these banks plan to pursue the more risk-sensitive, sophisticated model of compliance—the value-at-risk-based internal model approach, or IMA.
Sumsub Successfully Completes SOC 3 Examination
- 1 year 8 months ago
- AML and KYC
Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 3 audit.
Encompass Selected for Austrade Trade Mission Promoting Global FinTech Collaboration
- 1 year 8 months ago
- AML and KYC
Encompass Corporation, the leading provider of dynamic Know Your Customer (KYC) process automation, has been selected to join a major international trade mission, led by Austrade, which aims to showcase growing FinTech businesses and strengthen global relations.
FRA Announces Partnership with TRM Labs to Bolster Cryptocurrency Investigation and Compliance Practice
- 1 year 8 months ago
- Compliance
Forensic Risk Alliance (FRA), a leading global consulting firm specializing in forensic accounting, compliance, data analytics, and investigations, is pleased to announce its partnership with TRM Labs, the leader in blockchain intelligence solutions. This partnership marks a significant milestone for FRA as it further expands its capabilities in the ever-increasing regulatory scrutiny of cryptocurrency investigations.
Eventus Named Best Trade Surveillance Solution at 2023 RegTech Insight Europe Awards
- 1 year 8 months ago
- Compliance
Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the RegTech Insight Europe Award for Best Trade Surveillance Solution for the second consecutive year. The award, bestowed yesterday in London, marks the fifth RegTech Insight award the firm has earned since 2019.
Castlepoint Systems, the Multi-award Winning, Ultimate Information Security and Compliance Platform Wins ISACA Innovation Solutions Award
- 1 year 8 months ago
- Compliance
Castlepoint Systems, experts in data management and ethical AI for cybersecurity has won the prestigious ISACA Innovation Solutions Award.
Arteria AI Partners With Compliance Systems to Provide Enhanced Digital Documentation Processes For Community Banks and Credit Unions
- 1 year 8 months ago
- Compliance
Arteria AI, an award-winning global leader in enterprise digital documentation infrastructure, today announced its strategic partnership with Compliance Systems, the financial industry’s leading provider of dynamic compliance documentation, to introduce an integrated solution to address the needs for better documentation processes for today’s community financial institutions.
Westpac New Zealand Accelerates ISO 20022 Compliance with Finastra
- 1 year 8 months ago
- Compliance
Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard. The solution has enabled the bank to leverage benefits of ISO 20022’s data-rich MX messaging format whilst providing backward-compatibility with legacy messaging formats, without needing to upgrade its entire payments ecosystem.
Simpl Partners with Zolvit to Offer Comprehensive Legal and Compliance Services for D2C Merchants Across India
- 1 year 8 months ago
- Compliance
Simpl, India’s foremost merchant-first checkout platform, today announced a partnership with Zolvit (formerly Vakilsearch), India's largest legal services platform, to provide reliable and personalised legal solutions for the Direct-to-Consumer (D2C) merchants across the country. The partnership aims to provide a one-stop platform for legal, tax and compliance needs of D2C merchants and solves for a critical pain point, enabling them to focus on... more
