AMLYZE and TransactionLink Announce Strategic Partnership to Revolutionize AML/KYC Automation
- 11 months 2 weeks 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
- 12 months 4 days 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 4 days 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 1 week 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 2 weeks 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".
Sanctions Screening by Regulated Firms Plunges Almost 50 Percent, Reveals SmartSearch Survey
- 1 year 3 weeks ago
- AML and KYC
Only a quarter (25 percent) of regulated firms always check new customers against sanctions or Politically Exposed Person (PEP) lists, according to new survey data from leading anti-money laundering (AML) and digital compliance firm, SmartSearch.
Opal Auctions Boosts Stone Sales Security with iDenfy’s Identity Verification
- 1 year 1 month ago
- Digital Identity, AML and KYC
iDenfy, a Lithuania-based RegTech company providing identity verification and fraud prevention tools, announced a new partnership with Opal Auctions, a global stone and jewelry marketplace platform for verified users. iDenfy’s KYC solution will help verify and onboard sellers and buyers through a simple, four-step identity verification process.
Majority of Regulated Firms do not Always Complete Essential Identity Checks
- 1 year 1 month ago
- AML and KYC
More than two-thirds of regulated firms (70%) do not always complete essential identity checks when taking on new individual customers, new survey data can reveal.
British Banks Grapple with More Costly and Lengthy KYC Procedures
- 1 year 1 month ago
- AML and KYC
Carrying out Know Your Customer (KYC) tasks is becoming increasingly costly and time-consuming for banks in Britain and across the world, according to new research from Fenergo, the leading provider of KYC and Client Lifecycle Management (CLM) software solutions for financial institutions.
iDenfy’s ID Verification Creates a Frictionless KYC Flow for SoftGenius
- 1 year 1 month ago
- AML and KYC
iDenfy, a global RegTech startup best known for its ID verification and fraud prevention tool hub, announced a new partnership with SoftGenius, a software development company specializing in crafting premier iGaming solutions. iDenfy's identity verification and AML solutions will assist in the screening and onboarding process of SoftGenius's expanding customer base.
AML RightSource Offers Support for Transaction Monitoring System Selection and Integration
- 1 year 1 month ago
- AML and KYC
AML RightSource, the leading provider of Anti-Money Laundering (AML), Know Your Customer (KYC), and Bank Secrecy Act (BSA) compliance solutions, has expanded its Financial Crimes Advisory (FCA) services to financial institutions with expert support for transaction monitoring system (TMS) selection and implementation.
Instnt Launches Multipass: An Insured Decentralized Consumer Identity for One-click Onboarding and Passwordless Authentication
- 1 year 1 month ago
- AML and KYC
Instnt, a leader in fraud insurance technology that helps businesses shift up to $100MM in annual fraud losses off their balance sheets so they can say yes to more good customers, is excited to introduce Multipass, a universal identity solution that revolutionizes customer acceptance.
Delio Further Digitises AML and KYC for Private Market Distributors
- 1 year 1 month ago
- AML and KYC
Delio, the financial technology firm that digitises the private market strategies of leading financial institutions, has integrated with SumSub to allow for Anti Money Laundering (AML) and Know Your Customer (KYC) checks to further streamline through the Delio Core platform.
AMLYZE Partners with Shufti Pro to Enhance AML Services
- 1 year 1 month ago
- AML and KYC
AMLYZE, a leading RegTech company specializing in anti-financial crime solutions for FinTechs, neo-banks and crypto businesses, is pleased to announce its strategic partnership with Shufti Pro, an identity verification service provider, to accelerate trust globally.
Viena Moneta Automates AML Compliance Through the New Deal with iDenfy.
- 1 year 1 month ago
- AML and KYC
iDenfy, a Lithuania-based identity verification, compliance and fraud prevention tools provider, announced a new partnership with Viena Moneta, also a Lithuania-based financial company offering currency exchange services, recognized as "One Coin" in English. iDenfy’s AML solution will swiftly screen customers against various databases, including sanctions lists and global watchlists, to help Viena Moneta identify any suspicious activities faster.
