The Citco Group of Companies (Citco) Selects Fenergo’s CLM SaaS Platform to Streamline Client Onboarding and KYC Processes
- 2 years 1 week ago
- AML and KYC
The Citco group of companies (Citco) has moved to streamline the client onboarding and Know Your Customer (KYC) processes after agreeing a deal with digital transformation business, Fenergo, to integrate its client lifecycle management (CLM) platform across Citco.
Global Crypto AML & Regulatory Fines Surge in 2022
- 2 years 1 week ago
- AML and KYC
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), today released its annual findings on global financial institution fines, which show that the number of penalties issued for crypto sharply rose in 2022.
Two Firms Fined for Their Repeated Failure to Submit AML Returns to the DFSA by the Set Deadlines
- 2 years 2 weeks ago
- Compliance
The Dubai Financial Services Authority (DFSA) has today published Decision Notices against two firms, imposing financial penalties of USD 5,600 and USD 8,400 respectively, after a settlement discount. Were it not for the settlement, the DFSA would have imposed financial penalties of USD 8,000 and USD 12,000 respectively.
Encompass Launches Landmark Whitepaper Unveiling Key Trends in Financial Crime Compliance
- 2 years 2 weeks ago
- Compliance
Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has published a landmark whitepaper analysing trends in financial crime compliance across 2022 and providing an understanding of what they mean for banks in 2023.
Eventus Closes Out Record Year, with Significant Plans for Enhancing Validus Platform in 2023
- 2 years 2 weeks ago
- Compliance
As financial markets compliance professionals faced some of their toughest challenges to date, Eventus – a leading global provider of multi-asset class trade surveillance and market risk solutions – today said that the firm continued its significant growth trajectory in 2022 with another record year.
Development, Implementation And Management of ML Models
- 2 years 2 weeks ago
- AML and KYC
Effectively develop and govern machine learning models for appropriate implementation and to help overcome issues surrounding data and explainability.
Ideagen Support Auditors to Help Prevent ‘Greenwashing’
- 2 years 3 weeks ago
- Compliance
‘Greenwashing’ is becoming an increasing concern for companies globally - but complying with complex and evolving environmental, social and governance (ESG) regulations can be a challenge for time-poor sustainability, compliance and audit professionals. Keen to offer a solution, UK-based tech company Ideagen, which provides software for high-compliance and regulated industries, has today announced that it will offer a new ESG tool to its... more
AML RightSource Reimagines Compliance with a Powerful Brand Refresh
- 2 years 3 weeks ago
- AML and KYC
AML RightSource, the leading global provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”), and Bank Secrecy Act (“BSA”) compliance solutions, unveiled its new brand which reflects the company’s global transformation and the integrated nature of its financial crime compliance portfolio.
Azentio Software’s iMAL™ R14.6 Awarded AAOIFI’s Compliance Certification for 2023
- 2 years 3 weeks ago
- Compliance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that iMAL™ R14.6, the latest version of the company’s Islamic core banking platform, has successfully gone through the annual compliance exercise and received the certification for the year 2023 from the Accounting and Auditing Organization for Islamic Financial Institutions -
CoinList Adopts Orchestration Platform to Deliver End-to-end Customer Onboarding and Ongoing Monitoring
- 2 years 4 weeks ago
- Compliance
CoinList is a leading crypto launchpad and trading platform that connects the best new projects in crypto with high-quality early adopters of their products. It has a growing global community of more than four million active users.
Shield Introduces Hybrid Cloud Solution For Financial Institutions
- 2 years 1 month ago
- Compliance
Shield, the world’s leading communication compliance platform, today launched new hybrid cloud infrastructure technology that provides financial institutions with flexible, scalable data solutions that make digital communication compliance efficient and adaptable within their existing data strategy.
Tempo Teams Up with Sumsub to Ensure Bulletproof Fraud Protection and KYC Compliance
- 2 years 1 month ago
- AML and KYC
Tempo France, a Paris-based money transfer company, has partnered up with Sumsub, a global all-in-one verification platform to effectively verify users, secure customer data processing and comply with the latest KYC/AML regulations.
2023 Global Compliance Outlook - SteelEye
- 2 years 1 month ago
- Compliance
The resilience of the financial markets was truly put to the test in 2022 as many of the risks outlined at the outset of the year were realized. Inflation fears were validated – expected to reach 8.8% by the end of 2022. The crypto market sustained huge blows after the collapse of one of its leading players. The UK Government saw three different prime ministers. The devastation of the Russia-Ukraine war rippled through Europe, triggering... more
Ontop to Deploy ThetaRay AI-Powered AML Tech to Enable the Future of Work
- 2 years 1 month ago
- AML and KYC
ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that Ontop, a fintech platform shaping the future of work, has selected ThetaRay’s advanced SONAR anti-money laundering (AML) solution to monitor and detect both known and unknown financial crime threats.
smartKYC Announces Stephen Manly as Head of Sales
- 2 years 1 month ago
- AML and KYC
smartKYC announces Stephen Manly as the company’s new Head of Sales. Stephen will be responsible for driving revenue and sales team leadership. A consultative, enterprise sales professional for more than 25 years, Stephen has spent the last six years developing his subject matter expertise in KYC processes and technology.
