ComplyAdvantage named ‘Technology Pioneer’ by the World Economic Forum
- 3 years 10 months ago
- RegTech, Security, Compliance
ComplyAdvantage, a global technology company transforming how institutions manage their financial crime risk and compliance, has today been named a Technology Pioneer by the World Economic Forum. Founded in 2014, ComplyAdvantage has rapidly made its mark on the compliance industry globally in combating money laundering and terrorism financing. The company applies proprietary algorithms and ontology to data sets using data science and machine... more
Banks encouraged to view Basel IV as catalyst for greater productivity in Wolters Kluwer white paper
- 3 years 10 months ago
- Compliance, Risk Management
Banks that take a wait and see approach to Basel IV are likely to face higher financial IT costs and added travails in implementation, as well as fewer commercial benefits in the years ahead.
Mastercard and Octet Europe enable European small businesses to thrive in the global economy
- 3 years 10 months ago
- Trade Finance, Payments, Security, AML and KYC
Today, Mastercard and Octet Europe announce the launch of a new trade solution across the European Economic Area (EEA).
Australian Fintech Hay Selects Featurespace to Strengthen Prepaid Card Security and AML
- 3 years 10 months ago
- Security, Fraud Detection, AML and KYC, Risk Management
Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC™ Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution.
RB Compliance Consultancy and LemonadeLXP Announce Partnership
- 3 years 10 months ago
- Compliance
CWG Inks Strategic Partnership with Clari5 to help African Banks Combat Financial Crime in Real-Time
- 3 years 10 months ago
- Fraud Detection, AML and KYC, Risk Management
Leading information technology company CWG, today announced that it has partnered with Banking Enterprise Financial Crime Risk Management products company Clari5 to jointly help African banks combat enterprise fraud and money laundering.
Nice Actimize X-Sight Marketplace Boosts Efficiency for AML Investigations with Free Services Addressing Covid-19 Challenges
- 3 years 10 months ago
- Covid-19, Security, Compliance, AML and KYC, Data
NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced that two new X-Sight Marketplace partners are offering a range of free tools and services designed to boost operational efficiency of AML investigations during the onslaught of COVID-19 related demands. The two partners focus on automation and screening requirements, leveraging advanced next-generation technologies.
IDnow launches free regulatory information service "KYC Insider”
- 3 years 10 months ago
- Digital Identity, Regulatory Standards, AML and KYC
IDnow a leading provider of Identity Verification-as-a-Service solutions and regulatory expert presents
Wolters Kluwer’s Compliance Solutions Wins Four Stevie Awards in 2020 American Business Awards®
- 3 years 10 months ago
- Compliance
Wolters Kluwer Compliance Solutions has been recognized with four wins by the prestigious 2020 American Business Awards, one of eight Stevie® Awards programs that recognize business achievements and product innovation.
CISI and Association of Professional Compliance Consultants new deal boosts business and professional development opportunities for members
- 3 years 10 months ago
- Compliance
The Chartered Institute for Securities & Investment (CISI) and the Association of Professional Compliance Consultants (APCC) are delighted to announce a strategic partnership with the aim of supporting professionalism across the compliance and wider financial services sector. The partnership will allow for reciprocal arrangements to be in place for members of both organisations to access events, mutual qualifications and continuing... more
74% of UK Electronic Money Institutions (EMI) Brands are still not PSD2 Open Banking compliant
- 3 years 10 months ago
- Open Banking, Compliance
Nine months after the regulation went live, nearly three-quarters of EMI Brands in the UK have yet to implement a PSD2 Open Banking compliant interface. What are the reasons for this? There are three possible explanations. These organisations may simply not understand that they need to comply with the regulation, they may not have prioritised it yet, or, they may feel that any penalties imposed by the FCA won’t affect them.
Norway’s State Housing Bank Selects Temenos to Rapidly Offer Billions in Loans, Grants and Housing Support to Residents and Municipalities
- 3 years 10 months ago
- Lending, Cloud, Fraud Detection, AML and KYC
Temenos (SIX: TEMN), the banking software company, today announced that the Norwegian State Housing Bank, Husbanken, will replace its legacy IT system and deploy Temenos Transact to digitalize and optimize its lending operations. Temenos’ partner, Syncordis, will support the implementation. Temenos’ cloud-native core banking product will drive operational efficiencies across the bank’s back-office operations and reduce cost and complexity.... more
Adaptive Behavorial Risk Models Automatically Protect Consumers
- 3 years 10 months ago
- Fraud Detection, AML and KYC
Fraud and financial crime continue to increase during societal changes. Data has altered due to a dramatic shift in consumer spending patterns. Machine learning models traditionally created on historic data need re-training to learn new consumer behaviors and be effective at identifying fraud and financial crime and optimizing payment flow.
Ingenico launches SCA Accelerator suite to help with PSD2 compliance
- 3 years 10 months ago
- Compliance
Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today unveils its SCA accelerator suite to help online businesses remain compliant, innovate and better control their data.
NICE releases integration of trading recording and Microsoft Teams to drive digital transformation
- 3 years 10 months ago
- Compliance
Hoboken, N.J., NICE (NASDAQ: NICE), a leading provider of financial communication compliance solutions, today announced the release of the integration of the NICE Trading Recording System (NTR) and the Microsoft Teams unified communications platform. NICE also announced that it is working with Microsoft to certify NTR under Microsoft’s new Certified for Microsoft Teams certification program for compliance recording solutions.
