Swift AI Innovation Creates Blueprint for Banks to Stop Fraud Faster Through Cross-Border Collaboration
- 3 days 21 hours ago
- AML and KYC
Groundbreaking experiments led by Swift have demonstrated the potential impact AI and secure cross-border data collaboration could have on reducing fraud levels in international payments.
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
- 3 days 22 hours ago
- AML and KYC
Dotfile, Europe’s leading AI‑powered compliance operating system, today announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review. Autonomy enables fintechs and financial institutions to fully automate routine KYB/AML workflows while maintaining regulatory oversight and end‑to‑end auditability.
FinCEN Issues Advisory and Financial Trend Analysis on Chinese Money Laundering Networks
- 3 weeks 16 hours ago
- AML and KYC
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is raising the alarm on Chinese money laundering networks (CMLNs), which pose a significant threat to the U.S. financial system.
Next Generation NGPES Taps Sumsub For Fraud Protection And KYC Compliance
- 2 months 1 week ago
- AML and KYC
A global leader in verification and anti-fraud Sumsub has been selected by France-based fintech platform Next Generation NGPES to provide advanced fraud protection, identity verification and AML regulation compliance as it launches an innovative payment ecosystem, including an EUR-backed stablecoin.
Total Economic Impact Study Finds Sumsub’s AML Transaction Monitoring Delivered A 272% ROI
- 2 months 2 weeks ago
- AML and KYC
Sumsub, a global full-cycle verification platform, today announced the release of its commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study aims to examine the potential return on investment (ROI) enterprises may realize by deploying Sumsub's Anti-Money Laundering (AML) Transaction Monitoring.
Temenos Launches AI Agent To Transform Financial Crime Mitigation
- 4 months 15 hours ago
- AML and KYC
At the Temenos Community Forum in Madrid, Temenos, a global leader in banking technology, today launched Temenos FCM AI Agent, an advanced screening solution built with AI, real-time evaluation, and robust compliance frameworks to make compliance smarter, faster and more trusted. The solution is generally available (GA).
European Fintech Company iCard Achieves Secure Customer Verification in Under 60 Seconds with Regula’s Solutions
- 4 months 1 week ago
- AML and KYC
iCard, a leading European e-money institution, has successfully upgraded its customer checks with Regula’s advanced biometric and document verification technologies.
Is Traditional Banking at Risk? 85% of Organizations Are Turning to Digital-First Alternatives Over Clunky KYC Processes
- 4 months 4 weeks ago
- AML and KYC
Corporate banks are grappling with a major client growth and retention challenge, a new survey from Encompass Corporation, a leader in Know Your Customer (KYC) automation and corporate digital identity, reveals. Frustrated by friction in traditional banking transactions, 85% of organisations are actively considering a move to digital-first banks in search of a more seamless onboarding experience.
PingPong Payments Partners With Trulioo for Global Business Verification
- 5 months 3 days ago
- AML and KYC
Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with PingPong, a world-leading provider of cross-border embedded payment solutions. PingPong selected Trulioo Business Verification and Watchlist Screening to minimize manual onboarding and deliver rapid, compliant payment experiences worldwide.
First AML and Know Your Customer Announce Strategic Partnership to Tackle Global KYB Compliance Challenges
- 5 months 1 week ago
- AML and KYC
First AML, a leading provider of an all-in-one anti-money laundering (AML) platform, has announced a strategic partnership with Know Your Customer, a global leader in business verification solutions. The collaboration brings together two best-in-class technologies to further enhance Know Your Business (KYB), KYC and AML processes for financial institutions and other regulated businesses worldwide.
Nasdaq Verafin Report Finds That $750 Billion In Money Laundering And Illicit Funds Flowed Through Europe
- 5 months 3 weeks ago
- AML and KYC
Nasdaq Verafin has released its new report, Financial Crime Insights: Europe, that takes a deeper dive into the scale of financial crime across Europe. This report provides new analysis of the data from the 2024 Global Financial Crime Report, and industry insights from a survey of anti-financial crime professionals from across Europe, including the EU, UK, Nordic region and more.
Vanquis Banking Group Chooses FinScan To Help Optimize AML Processes And Strengthen Financial Crime Risk Management
- 5 months 3 weeks ago
- AML and KYC
FinScan®, an Innovative Systems solution and leading provider of advanced anti-money laundering (AML) compliance solutions, has signed UK-based Vanquis Banking Group plc, a leading FTSE All Share specialist bank, to further strengthen its AML processes and financial crime risk management.
Muinmos Announces Strategic Partnership With Africa Due Diligence
- 6 months 1 day ago
- AML and KYC
RegTech firm, Muinmos has formed a strategic partnership with Africa Due Diligence (ADD™) to enhance trust and compliance in the African financial sector and create growth opportunities in the region. As part of the collaboration, Muinmos has acquired an equity stake in Africa Due Diligence and is empowering it with its onboarding technology and KYC solution.
Signicat and Strise Announce Strategic Partnership to Unify Customer Verification and AML Automation Into a Single Solution
- 6 months 3 weeks ago
- AML and KYC
Signicat, Europe’s leading provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AML automation specialist Strise. Together, they are launching an integrated solution for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. This collaboration aims to simplify regulatory processes, enabling businesses to meet complex compliance requirements with efficiency and ease, from onboarding... more
Regula Recognized as a Representative Vendor in the Gartner Market Guide for KYC Platforms for Banking
- 6 months 3 weeks ago
- AML and KYC
Gartner® Market Guide for KYC (Know Your Customer) Platforms for Banking acknowledges Regula for Regula Document Reader SDK and Regula Face SDK.
