SmartSearch Launches High-risk Country Report
- 2 years 7 months 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 7 months 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 7 months 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.
Jumio Accelerates Digital Transformation in Middle East with KYX Platform
- 2 years 7 months ago
- Artificial Intelligence, AML and KYC
Move expands Jumio’s global footprint, further positions company at the heart of the region’s financial center
IXOPAY Partners with Hawk AI
- 2 years 8 months ago
- Payments, AML and KYC
The industry leading payment orchestration platform and white label solution, IXOPAY, has partnered with Hawk AI, Germany’s leading provider of anti-money laundering (AML) surveillance technology for banks, payment companies and fintechs. This strategic partnership boosts IXOPAY’s offering by giving its white-label clients access to state-of-the-art fraud prevention that uses traditional rules in combination with artificial intelligence to... more
Sumsub Launches a Seamless KYB Solution that Makes Business Verification 24x Faster
- 2 years 8 months ago
- Fraud Detection, AML and KYC, Authentication Technology
As global demand for legal entity checks increases, Sumsub is here to help companies verify their business clients, stay compliant and avoid huge fines. Anti-fraud and verification platform, Sumsub, is launching a KYB solution for fast and effective verification of companies.
Spanish Neobank Rebellion Pay Strengthens AML Compliance with Sentinels
- 2 years 8 months ago
- Digital banking, Transaction Banking, AML and KYC, Risk Management
Sentinels signs first digital bank and expands client footprint into Southern Europe Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, has been selected by Rebellion Pay to enhance and streamline the leading Spanish neobank’s anti-money laundering (AML) compliance monitoring and risk profiling functions.
Banks and Financial Institutions Are at Risk Because of the Sanctions on Russia
- 2 years 8 months ago
- RegTech, AML and KYC
Hundreds of financial organizations that wanted to protect themselves against the sanctions on Russia have made thousands of queries recently, using the software a Financial Technology company located in Istanbul developed. Banks and Financial Institutions put Sanction Scanner on their agenda. This startup works with financial institutions from over 40 countries with more than 3000 up-to-date Sanctions, PEP, and Watched lists.
Sanctions Against Russia Mean Screening is More Vital Than Ever
- 2 years 8 months ago
- AML and KYC
Businesses should take action to review their due diligence and sanctions screening procedures to avoid falling foul of extensive new sanctions against Russia, according to an anti-money laundering expert. The sanctions include restrictions against individuals, entities, and their subsidiaries, and the introduction of legislation to limit deposits held by Russian nationals in UK bank accounts to £50,000.
payabl. partners with Know Your Customer for Seamless Merchant Onboarding Across Europe
- 2 years 8 months ago
- Payments, AML and KYC
Today payabl. the international merchant acquirer that enables businesses to take payments easily, reliably and securely, announces it is joining forces with RegTech provider Know Your Customer, to offer fully digital, secure and seamless onboarding to merchants worldwide.
OCR Labs Secures $30 Million Series B
- 2 years 8 months ago
- AML and KYC
OCR Labs a Leading Technology Provider of Digital Identity Verification Globally Secures $30 Million Series B
PassFort’s KYC Workflow Solution to Be Deployed by Nvayo to Drive Customer-centric Onboarding for Ultra-high-net-worth Clients
- 2 years 8 months ago
- RegTech, e-Payments, AML and KYC
PassFort, a Moody’s Analytics company, today announced that Nvayo, an electronic money issuer serving ultra-high-net-worth and underserved clients, and its affiliates which form part of the PMA Media Group of companies, has chosen to use its know your customer (KYC) workflow solution. PassFort’s solution will enable the group’s companies to comply with complex international regulations while creating seamless onboarding experiences across global... more
Virgin Money Integrates the HooYu Onboarding Journey for New Account Opening
- 2 years 8 months ago
- Digital banking, AML and KYC
Virgin Money deploys refined customer onboarding journey using HooYu orchestration and UI journey tools HooYu, the leading customer onboarding, and KYC technology provider, is partnering with Virgin Money, the full-service digital bank, to implement a new account opening journey for Virgin Money customers.
New Whitepaper Calls for Effective AML Due Diligence
- 2 years 8 months ago
- Compliance, AML and KYC
Industry leading anti-money laundering specialist SmartSearch has launched a whitepaper analysing due diligence undertaken by financial services firms when on-boarding clients. The report, based upon a survey of 500 regulated firms* in the UK, reveals that financial services firms are witnessing increased fraudulent activity, yet many are still using outdated procedures to confirm client identities. Key findings include:
Moorwand Launches Suite of Payments Compliance Services
- 2 years 8 months ago
- Payments, Compliance, AML and KYC
Moorwand, a payments solutions provider, offering BIN sponsorship and issuing services, today announced the launch of its suite of payments compliance services. The suite aims to improve the financial crime systems and controls for Moorwand clients whilst reducing the administrative burden and improving operational efficiencies.
