Prospect of Further Sanctions Against Russia Underlines Importance of Ongoing Client Monitoring
- 2 years 9 months ago
- AML and KYC
The prospect of further sanctions being imposed on Russia in addition to those recently brought in by the UK, the US and the EU has underlined the importance of ongoing client monitoring, according to a leading anti-money laundering expert.
Sysnet Global Solutions Announces Re-brand to VikingCloud
- 2 years 9 months ago
- Cloud, Cybersecurity, Compliance
Cyber security frontrunner to unify legacy brands under one name. Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announces its re-brand to VikingCloud™, unifying the businesses acquired by Sysnet over the last 18 months.
Vitol Increases Coverage Across Compliance Monitoring with Relativity Trace
- 2 years 9 months ago
- Compliance
Relativity, a global legal and compliance technology company, announced today that energy and commodity trading company, Vitol, has deployed Relativity's AI-powered communication surveillance platform,
Wolters Kluwer and Lightico Announce Collaboration as Demand for Digital Completion Cloud Skyrockets
- 2 years 10 months ago
- Lending, Banking, SaaS, Compliance, Insurance
Out-of-the-box integration provides Lightico customers with Wolters Kluwer eOriginal market-leading eVaulting technology, ensuring seamless and compliant auditing, securitization and transfer of Digital Originals®
FCA Doubles Down on Anti-Money Laundering Commitmen, in New Three-year Strategy
- 2 years 10 months ago
- Compliance, AML and KYC
The FCA has released a new report unveiling their strategy for the next three years, from 2022 to 2025. The Strategy contains a number of commitments and plans to mitigate fraud, market abuse, money laundering, sanction evasion and terrorist financing.
Fast Growing RegTech Launches Market Replay Solution
- 2 years 10 months ago
- Compliance, Data
SteelEye, the compliance technology and data analytics firm, has today announced the launch of its new Order Book Replay service – a cutting-edge market replay solution. Designed to facilitate more precise and rigorous market abuse surveillance, SteelEye’s market replay tool enables organisations to playback a trading session and more thoroughly analyse market movements.
DAPS UK Signs up for SmartSearch Verification
- 2 years 10 months ago
- AML and KYC
National property sales and lettings company DAPS UK has partnered with leading anti-money laundering specialist SmartSearch. The company, which will shortly be opening its seventh UK office, is the latest property-related business to sign up to the SmartSearch digital customer verification and screening system.
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 10 months ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. Addressing delegates in his keynote speech at the Innovate Finance Global Summit during FinTech Week 2022, the minster gave a wide-ranging speech covering issues such as growth in the UK’s FinTech sector, regulation, management of crypto assets and tackling the... more
LSEG to Expand Its Global Range of Digital Identity Solutions Through Acquisition of Global Data Consortium Inc
- 2 years 10 months ago
- AML and KYC
London Stock Exchange Group (LSEG) today announces it has agreed to acquire Global Data Consortium Inc (GDC), a global provider of high-quality identity verification data to support clients with Know Your Customer (KYC) requirements (the Transaction).
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 10 months ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards.
ComplyAdvantage Releases New Anti-Money Laundering Essentials Guide For Startups
- 2 years 10 months ago
- AML and KYC, Data
New Guide Provides A Breakdown From Common Terminology, Know Your Customer Overview, Digital Identification Guidance, Regulatory Updates To Choosing The Right AML Tools
One-minute Verification: Sumsub Helps Bybit Quickly Onboard Global Users and Fight Fraud
- 2 years 10 months ago
- Fraud Detection, Compliance, AML and KYC
Sumsub is ready to share the results of their partnership with Bybit. Sumsub, an internationally-acknowledged identity verification and KYC/AML compliance provider, is ready to present the results of their partnership with Bybit, a global crypto trading and staking platform with over 6 million users worldwide.
88% KYC pass rate: Sumsub and MyMove Share their Partnership Report
- 2 years 10 months ago
- Compliance, AML and KYC
Reaching 88% end-user pass rates and higher verification speeds, MyMove is planning to scale up internationally with a reliable KYC/AML compliance ally. MyMove, a software company that enables a digital fleet sharing and rental experience, is ready to present the results and future prospects of their partnership with Sumsub, an identity verification and KYC/AML compliance provider.
NFTs Provide Loophole for Russian Money Laundering
- 2 years 10 months ago
- Cloud, AML and KYC, Financial
SmartSearch, the UK’s leading anti-money laundering solution, is warning of the dangers of Non-Fungible Tokens (NFTs) being used to get around sanctions. “When new technology is launched, fraudsters and money launderers are never far behind.,” cautioned Martin Cheek, managing director at SmartSearch.
ITRS Group: Financial Institutions Must Act Now to Avoid Risk of Noncompliance with FCA’s Operational Resilience Regulations
- 2 years 10 months ago
- Compliance
Leading software provider outlines best practice for firms to ensure compliance with regulator’s crackdown on operational resilience The Financial Conduct Authority (FCA)’s long-awaited and highly anticipated regulatory framework on operational resilience for financial institutions come into force this week.
