Prospect of Further Sanctions Against Russia Underlines Importance of Ongoing Client Monitoring
- 2 years 1 week ago
- AML and KYC
The prospect of further sanctions being imposed on Russia in addition to those recently brought in by the UK, the US and the EU has underlined the importance of ongoing client monitoring, according to a leading anti-money laundering expert.
FCA Doubles Down on Anti-Money Laundering Commitmen, in New Three-year Strategy
- 2 years 1 week ago
- Compliance, AML and KYC
The FCA has released a new report unveiling their strategy for the next three years, from 2022 to 2025. The Strategy contains a number of commitments and plans to mitigate fraud, market abuse, money laundering, sanction evasion and terrorist financing.
DAPS UK Signs up for SmartSearch Verification
- 2 years 1 week ago
- AML and KYC
National property sales and lettings company DAPS UK has partnered with leading anti-money laundering specialist SmartSearch. The company, which will shortly be opening its seventh UK office, is the latest property-related business to sign up to the SmartSearch digital customer verification and screening system.
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 1 week ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. Addressing delegates in his keynote speech at the Innovate Finance Global Summit during FinTech Week 2022, the minster gave a wide-ranging speech covering issues such as growth in the UK’s FinTech sector, regulation, management of crypto assets and tackling the... more
LSEG to Expand Its Global Range of Digital Identity Solutions Through Acquisition of Global Data Consortium Inc
- 2 years 2 weeks ago
- AML and KYC
London Stock Exchange Group (LSEG) today announces it has agreed to acquire Global Data Consortium Inc (GDC), a global provider of high-quality identity verification data to support clients with Know Your Customer (KYC) requirements (the Transaction).
Economic Secretary to the Treasury Praises UK’s ‘robust’ Anti-Money Laundering Systems
- 2 years 2 weeks ago
- AML and KYC
John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards.
ComplyAdvantage Releases New Anti-Money Laundering Essentials Guide For Startups
- 2 years 2 weeks ago
- AML and KYC, Data
New Guide Provides A Breakdown From Common Terminology, Know Your Customer Overview, Digital Identification Guidance, Regulatory Updates To Choosing The Right AML Tools
One-minute Verification: Sumsub Helps Bybit Quickly Onboard Global Users and Fight Fraud
- 2 years 2 weeks ago
- Fraud Detection, Compliance, AML and KYC
Sumsub is ready to share the results of their partnership with Bybit. Sumsub, an internationally-acknowledged identity verification and KYC/AML compliance provider, is ready to present the results of their partnership with Bybit, a global crypto trading and staking platform with over 6 million users worldwide.
88% KYC pass rate: Sumsub and MyMove Share their Partnership Report
- 2 years 2 weeks ago
- Compliance, AML and KYC
Reaching 88% end-user pass rates and higher verification speeds, MyMove is planning to scale up internationally with a reliable KYC/AML compliance ally. MyMove, a software company that enables a digital fleet sharing and rental experience, is ready to present the results and future prospects of their partnership with Sumsub, an identity verification and KYC/AML compliance provider.
NFTs Provide Loophole for Russian Money Laundering
- 2 years 2 weeks ago
- Cloud, AML and KYC, Financial
SmartSearch, the UK’s leading anti-money laundering solution, is warning of the dangers of Non-Fungible Tokens (NFTs) being used to get around sanctions. “When new technology is launched, fraudsters and money launderers are never far behind.,” cautioned Martin Cheek, managing director at SmartSearch.
Blockpass Supports H3RO3S Play-To-Earn System with KYC Identity Solution
- 2 years 3 weeks ago
- Blockchain, AML and KYC
Blockpass is delighted to announce a new partnership which is being forged with H3RO3S, the real-life play-2-earn game, for the purposes of identity verification and onboarding. In this, Blockpass will be integrating its unique KYC solution with H3RO3S' platform as the company gears up to launch its app.
Ping Payments Selects Sentinels for Anti-Money Laundering Controls
- 2 years 3 weeks ago
- APIs, Payments, AML and KYC
Nordics Online Marketplace Payments Provider Upgrades Transaction Monitoring System Ping Payments, the Nordics premier payments services provider for modern e-commerce and online transactions, has chosen Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, to reinforce its anti-money laundering (AML) controls.
SmartSearch Launches High-risk Country Report
- 2 years 3 weeks ago
- AML and KYC, Risk Management
A new high-risk country report service has been launched by a leading anti-money laundering specialist, SmartSearch in response to the introduction of sanctions against Russia. The service enables regulated businesses to scan existing clients and check for residency or citizenship in Russia, Belarus, or any other high-risk countries.
PayPugs Teams Up with Sumsub to Provide Smooth Customer Onboarding
- 2 years 3 weeks ago
- AML and KYC
PayPugs has signed a partnership with Sumsub to create a better onboarding experience for its users. As a popular Banking-as-a-Service platform, PayPugs allows individuals and companies to obtain trustworthy banking and payment solutions worldwide. Sumsub, a tech company that helps businesses easily verify clients and steer clear of fraud, is a trusted compliance-as-a-service provider with years of legal experience.
Hawk AI Partners With Weavr To Deliver Contextual Risk Management for Embedded Finance
- 2 years 4 weeks ago
- APIs, Payments, AML and KYC
Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new partnership with Weavr, the technology company that makes it simple for any business to embed financial services into their digital applications.
