iDenfy Helps Build a Robust KYC/AML Program for P100
- 10 months 3 weeks ago
- AML and KYC
iDenfy, full-stack identity verification and compliance solutions hub, announced partnering with P100, an innovative cryptocurrency and financial service platform where users can buy, sell, deposit, and swap different digital currencies instantly. iDenfy’s ID verification and screening services will ensure compliance and help P100 maintain a seamless, user-friendly experience.
76% of Businesses Believe Compliance Processes Could Be Improved Despite Increased Investment
- 10 months 4 weeks ago
- Compliance
A new survey conducted by First AML has revealed that the majority of business leaders believe that their company's anti-money laundering (AML) procedures can be improved. The survey, which gathered responses from 250 UK business leaders, found that 76% of respondents think that there is room for improvement in their company's AML compliance.
Fenergo Launches KYC & Transaction Compliance for Fintechs, Optimizing Operational Efficiencies and Regulatory Compliance
- 10 months 4 weeks ago
- AML and KYC
Fenergo, the leading provider of digital know-your-customer (KYC) and client lifecycle management (CLM) solutions, has today launched KYC & Transaction Compliance, a new offering for fintechs that combines its KYC and transaction monitoring solutions and enables continuous monitoring of the customer profile.
Study: Existing Compliance and Controls Processes Struggle to Add Organisational Value
- 11 months 11 hours ago
- Compliance
Trulioo Announces Breakthrough Capabilities That Expand and Automate KYB and KYC Verification in Its Integrated Identity Platform
- 11 months 14 hours ago
- AML and KYC
Trulioo, a leading global identity verification platform, today released new capabilities that cement its position as the premier source for automated business and person verification workflows.
Facctum Launches Innovative Real-time Ready Payments Screening Technology for More Effective Financial Crime Compliance
- 11 months 15 hours ago
- Compliance
Facctum announces today the release of a new payments screening technology, FacctShield™, to coincide with its début at Money 20/20 Europe, the continent’s largest event focused on payments innovation. As the global payments community gathers in Amsterdam to discuss the future of money, Facctum shows a new approach to deploying cutting-edge technology to address the challenges of financial crime risk.
Tuum and Fourthline Partner to Deliver KYC and AML-compliant Core-banking Solution to Europe’s Banks, Easing Cross-border Expansion and Tech Innovation
- 11 months 5 days ago
- AML and KYC
Tuum and Fourthline have partnered to offer European financial institutions a secure and agile core banking solution that incorporates world-leading end-to-end customer onboarding and monitoring in compliance with KYC (Know Your Customer) and AML (anti-money laundering) regulations. Now, providers can quickly and easily roll-out into new markets, unrestrained by regulatory and technological restrictions.
When Hiring Internationally, 57% of U.S. Businesses Fear Regulatory and Compliance Issues & 50% are Worried about Currency Fluctuation
- 11 months 5 days ago
- Compliance
Solar Staff, a fintech company that connects businesses with freelancers in over 190 countries, surveyed U.S.-based businesses to identify the main trends and the most pressing issues they face when working with independent international contractors.
Sylq Selects ThetaRay AI to Automate AML Transaction Monitoring and Customer Screening
- 11 months 1 week ago
- AML and KYC
Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth.
Digital Verification and Anti-Money Laundering Tool Downloaded by 1M+ Users
- 11 months 1 week ago
- AML and KYC
Thirdfort, a client-risk management platform combining Know Your Client (KYC), Anti-Money Laundering (AML) and Source-of-Funds (SoF) verification, has been downloaded by more than one million users since its launch 4 years ago, or around 2.5% of all adult smartphone users in the UK.* The fast-growing app has seen notable growth in demand, fuelled by fears of fraud and money laundering, alongside Government efforts to encourage the use of digital... more
Murex Survey Shows that, As Asia Pacific Banks Ready for FRTB Compliance, Many Aim for IMA Approach
- 11 months 1 week ago
- Compliance
Asia Pacific financial institutions believe that fundamental review of the trading book (FRTB) rules will increase capital requirements significantly, regardless of risk calculation model used, according to a wide-ranging Murex survey of bank readiness ahead of critical upcoming changes. However, half of these banks plan to pursue the more risk-sensitive, sophisticated model of compliance—the value-at-risk-based internal model approach, or IMA.
Sumsub Successfully Completes SOC 3 Examination
- 11 months 1 week ago
- AML and KYC
Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 3 audit.
Encompass Selected for Austrade Trade Mission Promoting Global FinTech Collaboration
- 11 months 1 week ago
- AML and KYC
Encompass Corporation, the leading provider of dynamic Know Your Customer (KYC) process automation, has been selected to join a major international trade mission, led by Austrade, which aims to showcase growing FinTech businesses and strengthen global relations.
FRA Announces Partnership with TRM Labs to Bolster Cryptocurrency Investigation and Compliance Practice
- 11 months 2 weeks ago
- Compliance
Forensic Risk Alliance (FRA), a leading global consulting firm specializing in forensic accounting, compliance, data analytics, and investigations, is pleased to announce its partnership with TRM Labs, the leader in blockchain intelligence solutions. This partnership marks a significant milestone for FRA as it further expands its capabilities in the ever-increasing regulatory scrutiny of cryptocurrency investigations.
Eventus Named Best Trade Surveillance Solution at 2023 RegTech Insight Europe Awards
- 11 months 2 weeks ago
- Compliance
Eventus, a leading global provider of multi-asset class trade surveillance, market risk and algo monitoring solutions, has won the RegTech Insight Europe Award for Best Trade Surveillance Solution for the second consecutive year. The award, bestowed yesterday in London, marks the fifth RegTech Insight award the firm has earned since 2019.
