NICE Actimize’s AML Solutions Chosen by Rakuten Securities to Improve Operational Efficiencies and Reduce Compliance Risk
- 4 years 8 months ago
- Compliance, AML and KYC
NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Rakuten Securities Inc., a major online brokerage operating throughout Japan and across Asia, to implement an innovative anti-money laundering compliance platform to protect and support its investor clients and meet regulatory requirements. Rakuten Securities will utilize industry-leading solutions from NICE Actimize’s... more
FIS delivers “EPIC” productivity and automation tools for managing a remote workforce
- 4 years 8 months ago
- Banking, Compliance
Financial technology leader FIS™ (NYSE: FIS) today announced Enterprise Productivity, Intelligence & Compliance (EPIC™), a modular, desktop-based solution that helps financial institutions and businesses enhance the efficiency of their global operations while managing an increasingly remote workforce.
Equifax partners with HooYu for digital customer onboarding and KYC journey tech
- 4 years 8 months ago
- RegTech, AML and KYC
Equifax, the business and consumer insights expert, has announced a partnership with HooYu, leading customer onboarding and KYC RegTech provider, to expand its range of identity and fraud tools.
Moorwand inks deal with TWIGA Wallet for new card offering
- 4 years 8 months ago
- E-Wallets, Banking, Compliance
Moorwand, which aims to transform compliance into an enabler of innovation, has been selected by TWIGA Wallet for issuing, acquiring and BIN Sponsorship services ahead of the launch of TWIGA Card. The TWIGA Card is the companion to the TWIGA Wallet and will be available either as a debit or full IBAN account to consumers across Europe.
AML specialist SmartSearch chalks up continued growth in face of coronavirus outbreak
- 4 years 9 months ago
- AML and KYC
Specialist anti-money-laundering (AML) firm SmartSearch is continuing its impressive growth, despite the outbreak of Covid-19. It now has more than 4,500 clients across the financial and professional services sectors.
Citi's digital channels play a pivotal role in client contingency situations
- 4 years 9 months ago
- Banking, Security, Compliance
Citi’s Treasury and Trade Solutions (TTS) has expanded the reach of the CitiDirect BE® Digital Onboarding platform, making it available in 37 countries and five languages. Additionally, usage across all client-facing digital channels has dramatically grown over the first quarter of 2020, as clients switch to continuity-of-business (COB) modes, with remote work during the pandemic.
Featurespace raises £30 million to drive growth
- 4 years 9 months ago
- Fraud Detection, AML and KYC
Featurespace, the leading provider of Adaptive Behavioral Analytics software for Enterprise Financial Crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited. The round also included further funding from a number of existing investors. The funding will be used to support Featurespace’s continued growth.
Know Your Customer is the driving force behind CSLB-Asia's KYC compliance in corporate services
- 4 years 9 months ago
- AML and KYC, Consultancy
CSLB-Asia, providers of family office, corporate secretarial and commercial business consultancy services, have announced their collaboration with award-winning RegTech company Know Your Customer across the APAC region.
Evalueserve Partners With Encompass to Provide Modular Automation in KYC
- 4 years 9 months ago
- AML and KYC
Evalueserve, a global leader in analytics consulting, today announced a partnership with Encompass, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions. This partnership will augment Evalueserve’s KYC services with automated data discovery and process automation, which makes the overall onboarding and remediation process more efficient for banks, especially with the post-COVID challenges.
New SmartSearch Facial Recognition Feature Gives Added Peace of Mind
- 4 years 9 months ago
- Covid-19, AML and KYC
SmartSearch has added a new facial recognition feature to its award-winning digital anti-money-laundering (AML) platform, providing additional peace of mind to clients requiring visual confirmation of customer ID. Due to the restrictions on travel currently in place in response to the Covid-19 outbreak, prospective new customers are unable to present ID documents and proof of address in person.
Global financial crime-fighting body backs digital onboarding call
- 4 years 9 months ago
- AML and KYC, Financial
The Financial Action Task Force (FATF), the multinational body charged with setting the global approach to fighting money laundering and terrorist financing, has backed a call by leading Regtech firm SmartSearch for businesses to employ digital customer onboarding processes.
Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals
- 4 years 9 months ago
- Open Banking, Fraud Detection, Compliance, AML and KYC
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announces the launch of its digital cloud-based Remote Account Opening solution, ahead of schedule, in order to assist US small businesses in accessing PPP emergency loans.
NICE Actimize Provides Financial Services Organizations a Quick and Effective Response to the CARES Act with the Introduction of KYC Xpress
- 4 years 9 months ago
- AML and KYC
Due to provisions in the recently enacted CARES Act, financial services organizations are facing an unprecedented influx of loan applications and the need to expedite Know-Your-Customer (KYC) operations and procedures, which are often manual and time consuming.
Avaloq and ACTICO expand strategic partnership to prevent financial crime
- 4 years 10 months ago
- Banking, AML and KYC
Avaloq, a global leader in innovative software solutions for banks and wealth managers, is expanding its existing partnership with ACTICO, a leading international provider of software for intelligent automation and digital decisioning. The two companies are integrating the ACTICO Compliance Suite into Avaloq's software solutions for banks and wealth managers, making it easy for Avaloq's clients to use the new compliance offering as a... more
