Signicat Introduces InstantKYC and InstantKYB for Comprehensive and Compliant Onboarding
- 1 year 1 month ago
- AML and KYC
Signicat, the leading platform of digital identity solutions in Europe, announces the launch of its new products InstantKYC and InstantKYB.
New Oracle AI-powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks
- 1 year 1 month ago
- AML and KYC
With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance. To help address this massive challenge, Oracle Financial Services today introduced Oracle Financial Services Compliance Agent.
Regulated Firms Exposed to Serious Red Flags without New Business Verification Checks
- 1 year 2 months ago
- AML and KYC
Regulated firms that take on new business clients are leaving themselves exposed to serious red flags by not completing critical verification checks on the people running the business, new survey data has uncovered.
SmartSearch Partners with LSEG Risk Intelligence to Expand its AML & Digital Compliance Solutions with Market-leading Global Data
- 1 year 2 months ago
- AML and KYC
SmartSearch, the UK’s leading provider of anti-money laundering (AML) and digital compliance software, has partnered with LSEG Risk Intelligence, a foremost global financial markets infrastructure and data provider.
Wolters Kluwer Launches Cloud-based AML Module for CCH iFirm® in the U.K.
- 1 year 2 months ago
- AML and KYC
Wolters Kluwer Tax & Accounting (TAA) U.K. has released an anti-money laundering module (AML) within CCH iFirm®, its cloud-based practice management and compliance software platform.
G2 Risk Solutions and Mastercard Combine AI and Merchant Insights for Superior Transaction Laundering Detection
- 1 year 2 months ago
- Artificial Intelligence, AML and KYC
G2 Risk Solutions (G2RS), the leading provider of merchant risk intelligence for the global payments industry, is partnering with Mastercard to provide merchant acquirers with a more streamlined experience to help them reduce transaction fraud.
AU10TIX KYB Rapidly Validates Businesses and Owners In One Unified Flow
- 1 year 2 months ago
- AML and KYC
AU10TIX, a global technology leader in identity verification and management, today launched an innovative Know Your Business (KYB) solution that enables companies to know exactly who they are doing business with and avoid potential financial and reputational losses. By combining KYB with Know Your Customer (KYC) processes, the offering addresses every KYB business need, from sole traders to corporates, including KYC for UBOs and associated... more
Facephi’s Cutting-edge Identity Verification Solutions are Now Available on Temenos Exchange
- 1 year 3 months ago
- AML and KYC
Temenos Exchange clients can now access a suite of top identity verification solutions to streamline customer onboarding, manage digital identity, mitigate fraud and simplify the KYC processes.
Encompass Corporation Acquires CoorpID and Blacksmith KYC from ING to Develop Revolutionary Corporate Digital Identity Platform
- 1 year 4 months ago
- AML and KYC
Encompass Corporation, the global provider of real-time digital Know Your Customer (KYC) profiles, has acquired CoorpID and Blacksmith KYC from ING to develop a market-leading platform that solves the critical challenge of identification and verification of corporate and institutional clients. Transform KYC outreach with CoorpID
Global Financial Institution AML and Regulatory Fines Soar in 2023
- 1 year 4 months ago
- AML and KYC
Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), know your customer (KYC) and transaction monitoring, today released its annual findings on global financial institution enforcement actions, which reveal that the value of penalties imposed on firms surged 57% in 2023.
AMLYZE and TransactionLink Announce Strategic Partnership to Revolutionize AML/KYC Automation
- 1 year 4 months ago
- AML and KYC
AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, is excited to announce a strategic partnership with TransactionLink, the Berlin-based no-code platform, in a move that will transform the landscape of Anti-Money Laundering (AML) and Know Your Customer (KYC) automation. This collaboration will enable TransactionLink's clients to have most stages of their AML journey handled by... more
Hawk AI Welcomes OTTO Payments as a Customer of Scalable AML Compliance Software
- 1 year 5 months ago
- AML and KYC
Hawk AI, Germany’s leading provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced OTTO Payments, the payments division serving the otto.de marketplace, as a client. With the partnership, OTTO Payments will make use of Hawk AI’s Transaction Monitoring and Customer Screening technology, powered by explainable AI, to ensure effective Anti-Money Laundering (AML) compliance.
Mistrust of Technology Exposing a Third of Regulated Firms to Money Laundering - SmartSearch Survey
- 1 year 5 months ago
- AML and KYC
More than a third (36 percent) of people in regulated firms who ‘can’t trust’ electronic ID verification and instead rely on manual checks are leaving their doors open to financial crime, anti-money laundering expert warns. This statistic - from SmartSearch’s 2023 annual survey of 500 compliance stakeholders - has doubled since their 2022 survey, when 18 percent of people said they couldn’t trust the technology.
Tokenbridge to Use Blockchain Technology to Enhance KYC and ID Processes for Financial Services Data Business The Tracing Group
- 1 year 5 months ago
- AML and KYC
Tokenbridge, a B2B tokenisation platform streamlining the wealth and fund management ecosystem, today announced that it is working with financial client data firm, The Tracing Group (TTG), to implement blockchain technology to streamline Know Your Client (KYC), Anti-Money Laundering (AML) and client identification processes.
"Viena Saskaita" Strengthens Money Laundering Prevention with AMLYZE Solutions
- 1 year 5 months ago
- AML and KYC
AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, will provide money-laundering prevention and compliance solutions to the first and largest Lithuania’s specialized online payment platform "Viena Saskaita".
