IHS Markit Named Best in Class for Client Onboarding and KYC by Aite Group
- 5 years 4 months ago
- AML and KYC
IHS Marki, a world leader in critical information, analytics and solutions, today announced that its client onboarding, entity data management and know your customer (KYC) services achieved the highest, “Best in Class” ranking in a new report on client lifecycle management by Aite Group.
Arachnys and FICO Partner to Aid Financial Organisations in Managing Corporate KYC Requirements and Accelerating Compliance Processes
- 5 years 4 months ago
- Fraud Detection, Compliance, Risk Management
FICO, a leading analytics software firm and provider of financial crime compliance solutions, today announced a partnership with Arachnys, a leader in risk investigation solutions for client onboarding, Know Your Customer (KYC), customer due diligence & enhanced due diligence (CDD/EDD), and anti-money laundering (AML).
Trulioo Announces $70M in Funding
- 5 years 4 months ago
- AML and KYC
Trulioo , a Vancouver-based global identity verification provider, has raised a total of C$70 million in new funding, including $60 million in Series C financing led by Goldman Sachs Growth Equity, with participation from Citi Ventures, Santander InnoVentures and existing investor American Express Ventures, and $10 million in unannounced follow-on funding from early investors Blumberg Capital and BDC Capital from last year.
Encompass Corporation AML penalty analysis
- 5 years 4 months ago
- AML and KYC
Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, recently carried out an analysis of Anti-Money Laundering (AML) related penalties handed down between 1 May and 31 August 2019. Key observations from the analysis are as follows:
Zenus Bank Accelerates Transition to the Cloud with NICE Actimize Anti-Money Laundering and Fraud Essentials
- 5 years 4 months ago
- Cloud, Fraud Detection, Compliance, AML and KYC
Leading the industry with solutions protecting challenger banks and digital financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in autonomous financial crime management, was selected by Zenus Bank, San Juan, Puerto Rico, to establish a cloud-focused financial crime strategy for both anti-money laundering compliance and enterprise fraud protections with its
UK Banks Lead in Race to Merge Fraud, Financial Crime Operations
- 5 years 4 months ago
- Data Protection, Fraud Detection, Compliance
A new independent survey by research firm Ovum on behalf of global analytic software firm FICO has found that most banks plan to integrate their fraud and financial crime compliance systems and activities, in response to new criminal threats and punishing fines. Responses show that UK banks are more advanced in their progress and ambitions than most countries surveyed.
VERMEG appoints Paul Thomas to lead its UK operation as it looks to capitalise on a new phase of growth
- 5 years 5 months ago
- Compliance
VERMEG, the software services specialist, which provides core technology for managing compliance, regulatory requirements and digital transformation across the banking, wealth management and insurance sectors, has appointed Paul Thomas as UK General Manager. Paul joins with more than 20 years’ experience in the FinTech and RegTech industry having worked at organisations such as Misys, ION Trading and most recently AxiomSL.
Open invitation for Supreme Fintech Media Launching
- 5 years 6 months ago
- AML and KYC
The founder of Supreme Fintech from Malaysia is excited to announce the launch of the Supreme Fintech mobile app and financial services, aiming to be the most innovative and advanced private E-banking system in the world. Supreme Fintech is a rapidly growing virtual bank, that specializes in financial technology. It is a worldwide platform that helps to make life easier for individuals from around the globe, for businesses to grow and for... more
BRC and Chargebacks911 support retailers struggling with payment disputes
- 5 years 6 months ago
- Payments, Security, Fraud Detection, Compliance, Risk Management
The go-to trade association for all UK retailers, British Retail Consortium (BRC), is working with cutting-edge dispute processing and remediation company, Chargebacks911, to help its members better understand how to combat friendly fraud and chargebacks.
MoneyNetint Forms New Partnership with Onfido to Enhance Biometric Security
- 5 years 6 months ago
- Digital Identity, AML and KYC
MoneyNetint has partnered with Onfido, to help enhance their online security procedures so users
Icelandic acquiring bank Borgun hf. invests in cutting-edge FinTech from TruNarrative
- 5 years 6 months ago
- Payments, Banking, AML and KYC
Icelandic acquiring bank Borgun hf. – which offers Europe-wide payment processing and issuing services in Iceland – has invested in a new platform from TruNarrative, to help boost the firm’s merchant lifecycle management (MLM) and onboarding processes. As a member of Visa Europe and Mastercard International, the new platform will enable Borgun to easily adopt new merchants into its payment network, as well as quickly and securely adapt its... more
SWIFT launches enhanced gpi service for corporates
- 5 years 6 months ago
- SWIFT, Compliance
SWIFT today announces the further enhancement of its gpi service with the full go-live of SWIFT gpi for corporates, a capability designed and built in conjunction with banks and corporates which enables multi-banked corporates to initiate and track payments across multiple banks directly from their treasury and payment systems. More than 50 of the world’s largest companies – including LVMH, Microsoft and Petronas – have already signed up to the... more
CFOs Set Reducing Costs as Top Priority to Ease Rising Pressure
- 5 years 7 months ago
- Digital Identity, Audit and Reporting, Accounting
The Deloitte CFO report highlights the unprecedented pace of change within the finance function. With the ’risk appetite’ among Chief Finance Officers (CFOs) at the lowest since 2008, continued economic uncertainty, external compliance, regulatory change and internal cultural shifts; cost reduction is once again the CFO’s top priority.
Deutsche Bank Wealth Management Selects Finantix KYC Solution to Empower KYC Processes with AI Tools
- 5 years 7 months ago
- Artificial Intelligence, AML and KYC
Finantix, a leading supplier of transformational software to the private banking, wealth management and insurance industries globally, announced that Deutsche Bank Wealth Management has chosen its AI-powered Finantix KYC Solution to help enhance the bank’s client onboarding and know-your-client (KYC) processes.
Broadway Technology’s Tyler Moeller and Joshua Walsky named EY Entrepreneur Of The Year
- 5 years 7 months ago
- Banking, Audit and Reporting
Ernst & Young LLP (EY) has named CEO Tyler Moeller and CTO Joshua Walsky of Broadway Technology, a leader in high-performance front office fintech solutions, Entrepreneur Of The Year® 2019 in the financial technology category in New York.
