AML and KYC

Fenergo Partners with BENEFIT to Create National eKYC Utility in Bahrain

5 years 11 months ago
AML and KYC

Fenergo, a leading provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, today announces that it will be working with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing the world’s first national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including retail and corporate banking, asset... more

Big Product Improvements Unveiled for Abrigo’s BSA/AML Software

5 years 11 months ago
Compliance, AML and KYC, Risk Management

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, announced the company’s innovative product roadmap for 2019 improvements to its Bank Secrecy Act and anti-money laundering (BSA/AML) and fraud prevention software. The roadmap was unveiled at the BAM+ User Group Conference, which concluded last Wednesday in Austin, Texas.

NICE Actimize Introduces CDD-X, Modernizing KYC/CDD Programs with Advanced Analytics and the Power of AI

5 years 11 months ago
Artificial Intelligence, Security, AML and KYC

NICE Actimize announces the launch of CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to reduce compliance risk. Significant reduction in operational costs are realized through the... more

NICE Actimize Signs Mobile Banking Leader Varo Money

5 years 12 months ago
Fraud Detection, Compliance, AML and KYC

Leading the industry with solutions protecting mobile financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, was chosen by Varo Money, Inc. a leading all-mobile banking company to implement its financial crime strategy for anti-money laundering protections including AML/KYC requirements, sanctions screening and transaction monitoring capabilities.

Use of Machine Learning becomes the New Norm for Financial Community as Sector Builds Smarter Machines to Drive Competitive Advantage

5 years 12 months ago
Security, Compliance, AML and KYC

Refinitiv announced today new research findings that confirm the use of machine learning is pervasive across the financial community and is critical to its success in the future. Ninety percent of the c-level executives and data scientists surveyed have already deployed machine learning, while all of the c-level participants said it is core to their business strategy.

RISK IDENT crowned back-to-back FinTech Breakthrough Awards champion

5 years 12 months ago
Data Protection, Fraud Detection, AML and KYC

RISK IDENT has been named “Best Fraud Prevention Company” at the 2019 FinTech Breakthrough Awards, marking a second consecutive win for the leading European anti-fraud company. The 2019 awards program, which recognizes the leading technologies, companies and products in the global FinTech industry, attracted a record-breaking 3,500+ nominations from across the globe.

Varo Money Selects Feedzai For Enterprise Fraud Prevention, Preparing For Continued Rapid Scale

6 years 2 days ago
Security, Data Protection, Fraud Detection, AML and KYC

Varo Money LLC (Varo), a leading challenger banking company, and Feedzai, the leader in fighting financial crime with artificial intelligence, today announced a new partnership. Varo’s continued growth will be bolstered by Feedzai’s fraud-prevention platform, which provides purpose-built machine learning for risk prevention with a focus on customer experience and flexibility to scale along with the rapidly growing bank.

Aite Group Recognizes Featurespace as "Best-in-Class" Technology

6 years 3 days ago
Data Protection, Fraud Detection, AML and KYC

Aite Group, a global research and advisory firm, recognized Featurespace™ as Best-in-Class in its 2019 report on fraud and AML machine learning platform vendors (download a complimentary copy of the report here).

encompass corporation and IHS Markit partnership expected to reduce time to complete KYC data gathering by 30%

6 years 3 weeks ago
AML and KYC

encompass corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, today 12 March announces a partnership with IHS Markit, a world leader in critical information, analytics and solutions.

NICE Actimize Signs Crypto Finance Leader Circle to Implement Markets Surveillance and Protections Strategy

6 years 1 month ago
Data Protection, Fraud Detection, AML and KYC

Leading the industry with solutions supporting digital financial services offerings, NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, was selected by Circle, a leading global crypto finance company, to implement its market surveillance and protections strategy.

SWIFT to open The KYC Registry to corporates

6 years 1 month ago
AML and KYC

SWIFT announces that it is to open its world-leading Know Your Customer platform, The KYC Registry, to corporates. In a first step, from Q4 2019, all 2,000 SWIFT-connected corporate groups will be able to join The KYC Registry, and use it to upload, maintain and share their KYC information with their banks.

PensionBee chooses Onfido to deliver frictionless KYC compliance

6 years 2 months ago
Security, AML and KYC

Leading identity verification provider Onfido today announces that it has partnered with PensionBee. Onfido’s machine learning-based identity verification technology allows PensionBee to streamline KYC processes, reducing manual overheads and bringing new users onboard.

Opus Launches New Solution to Simplify KYC for Financial Institutions

6 years 2 months ago
AML and KYC, Risk Management

Opus, the leading provider of global compliance and risk management solutions, announces the launch of Clarity KYC, its new Know Your Customer (KYC) workflow automation and risk intelligence solution. The product is aimed at financial services clients, providing a modern, easy-to-use SaaS solution that reduces the time and cost of client onboarding and improves the speed and accuracy of the customer due diligence process.

NICE Actimize Announces IFM-X Integrated Fraud Management Platform Powered by AI

6 years 2 months ago
Security, Fraud Detection, AML and KYC

NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced IFM-X, its next-generation Integrated Fraud Management (IFM) platform that leverages automation and machine learning to optimize effectiveness while reducing the total cost of implementing and operating an enterprise fraud risk management system.