Next Generation NGPES Taps Sumsub For Fraud Protection And KYC Compliance
- 4 days 21 hours 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
- 1 week 3 days 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
- 1 month 3 weeks 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
- 2 months 5 days 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
- 2 months 2 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
- 2 months 3 weeks 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
- 3 months 4 days 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
- 3 months 1 week 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
- 3 months 2 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
- 3 months 3 weeks 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
- 4 months 2 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
- 4 months 2 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.
REPAY and Worth Partner for KYB and Underwriting Tools to Speed Merchant Onboarding and Vendor Enrollment
- 5 months 1 week ago
- AML and KYC
REPAY , a leading provider of vertically-integrated payment solutions, today announced a strategic integration with Worth, the all-in-one fintech platform for underwriting and onboarding workflow automation.
Diagram Capital Selects Muinmos to Enhance Client Onboarding and KYC Compliance
- 7 months 1 week ago
- AML and KYC
Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes.
MAS Imposes Civil Penalty of $2.4 Million on JPMorgan Chase Bank, N.A. for Misconduct by Its Relationship Managers
- 7 months 1 week ago
- AML and KYC
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million on JPMorgan Chase Bank, N.A. (JPM), for failing to prevent and detect misconduct committed by its relationship managers (RMs). In 24 over-the-counter (OTC) bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates.
