Nethone Supports Merchants to Meet Visa CE3.0 Criteria and Prevent First-party Misuse
- 1 year 4 months ago
- AML and KYC
Nethone, the Know Your Users AI-powered fraud prevention company, has partnered with Verifi, A Visa Solution, to enable merchants that meet Visa Compelling Evidence 3.0 criteria to deflect first-party misuse disputes. With increased rates of friendly fraud and chargebacks, followed by time-consuming dispute-related processes, merchants require a more transparent relationship with consumers and an efficient way to respond to disputes that don’t... more
Gone in 60 Seconds - Technology Blows the Cover on Dirty Money
- 1 year 4 months ago
- Compliance
Regulated firms struggling to keep pace with criminals who disguise the illegal source of their funds can now identify potentially dirty money in just one minute thanks to powerful new technology. Leading UK digital compliance provider SmartSearch has developed it’s Source of Funds solution as part of its recently launched enhanced platform.
TS Imagine Announces Strategic Partnership with eflow, Bolstering Regulatory Compliance Capabilities
- 1 year 4 months ago
- Compliance
TS Imagine, a leading global cross-asset provider of trading, portfolio, and risk management solutions for financial services organizations, is excited to unveil a strategic partnership with eflow, a prominent provider of regulatory compliance solutions for the industry.
72% of Banks and Credit Unions Prioritize Compliance When Evaluating Fintechs, According to Ncontracts Survey
- 1 year 4 months ago
- Compliance
Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, revealed today that 72% of banks and credit unions are prioritizing compliance when evaluating fintechs, citing it as their top criteria in the due diligence process.
No ESG, No Contract: UK's Top Companies Demand ESG Compliance
- 1 year 4 months ago
- Compliance
Research from OneStream Software, a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has revealed research highlighting that 90% of the FTSE 100 will only work with suppliers who share their Environment, Social and Corporate Governance (ESG) credentials.
Ncontracts Endorsed by The Georgia Bankers Association
- 1 year 4 months ago
- Compliance
Ncontracts, the leading provider of integrated compliance, vendor, and risk management solutions to the financial industry, has been officially endorsed by the Georgia Bankers Association for its Risk Performance Management (RPM) Suite.
Sumsub Announces New Partnership with AML Incubator to Streamline Identity Verification
- 1 year 4 months ago
- AML and KYC
Sumsub, a full-cycle verification platform to secure the whole customer journey, announces a strategic partnership with AML Incubator, one of the leading anti-money laundering (AML) and regulatory compliance outsourcing companies in Canada providing solutions and consulting services across various countries including the U.S., E
InScope-AML and Regula Partner to Bolster Anti-Money Laundering Compliance Across Europe and Beyond
- 1 year 5 months ago
- AML and KYC
According to Regula’s survey*, 65% of organizations worldwide use digital document verification as one of their main methods of identity checks. And 94% of those who haven’t yet, plan to employ digital document verification in the next year.
Money Laundering Regulations Continue to Tighten Across Europe
- 1 year 5 months ago
- AML and KYC
Switzerland has drafted new rules to tighten money laundering regulations, holding lawyers, consultants and banks more accountable for reporting, scrutinising and controlling risks, setting a higher standard for the rest of Europe.
TRUST Expands to the United Kingdom
- 1 year 5 months ago
- Compliance
TRUST launched in the United States in early 2022 and quickly expanded to Canada, Singapore and Europe. With this most recent expansion, the TRUST coalition now includes some of the largest virtual asset service providers (VASPs) in the UK – including Baanx, Coinpass, Fidelity Digital UK, Gemini UK, Kraken UK, Paysafe/Skrill, and Revolut. TRUST’s expansion comes ahead of pending UK Travel Rule requirements for VASPs and adds another key region... more
Surecomp and Pelican AI Announce Partnership to Enhance Digital Trade Risk and Compliance
- 1 year 5 months ago
- Compliance
Surecomp today announced that it is partnering with Pelican AI, a global provider of AI-powered financial crime and compliance solutions, as part of a collaborative vision to drive the digital transformation of trade-based risk management.
Sumsub Launching Free Plan for Crypto Travel Rule Solution as New UK Money Laundering Laws Come into Effect
- 1 year 5 months ago
- AML and KYC
Sumsub is launching a six-month free trial of its Travel Rule compliance solution, starting September 1st. The product will support its cryptocurrency clients as the United Kingdom begins its enforcement of the landmark Crypto Travel Rule legislation on 1 September, aimed at combating money laundering and terrorism financing in the industry.
FOMO Pay Bolsters Digital Asset Compliance through Strategic Partnership with Notabene
- 1 year 5 months ago
- Compliance
FOMO Pay, a leading digital payment and digital banking solutions provider headquartered in Singapore, announces its strategic partnership with Notabene. The implementation of Notabene's end-to-end solution for global Travel Rule compliance enables FOMO Pay to further enhance its know-your-transaction (KYT) capabilities and highlights FOMO Pay's commitment to compliance and customer security.
iDenfy Partners with Beyond the Pines Productions to Build an Automated KYC Process
- 1 year 5 months ago
- AML and KYC
iDenfy, a fraud prevention startup specializing in identity verification and compliance solutions, announced a new partnership with Florida-based Beyond the Pines Productions, a full-service video production company offering video consulting and equipment rental services. iDenfy's comprehensive ID verification solution will be used for customer onboarding, as it has been seamlessly integrated into the automated rental checkout process.
More than Half of Challenger Banks Neglect Sanctions and PEP List Checks
- 1 year 5 months ago
- AML and KYC
Recent survey data reveals challenger banks show a concerning lack of commitment when it comes to screening new customers against sanctions or politically exposed persons (PEP) lists. Only a quarter (24 per cent) say they always verify new customers, while more than half (54 per cent) also freely admit to performing such checks only “on occasions”.
