Hodge Bank Selects LexisNexis Risk Solutions for End-to-end Customer Onboarding and Ongoing Monitoring
- 2 years 4 months ago
- AML and KYC
Data and analytics firm, LexisNexis® Risk Solutions, has been selected to provide Hodge with a full end-to-end solution for customer onboarding and ongoing monitoring, incorporating AML screening, transaction monitoring and case management, all within a single platform.
°neo by Five Degrees and Fourthline Announce Collaboration to Fight Financial Crime in Digital Banking
- 2 years 4 months ago
- AML and KYC
Amsterdam-based Fourthline is one of the fastest-growing digital KYC providers and offers KYC-related services that complement the °neo lending and accounts engines. Integration will enable clients to do a quick and automated watchlist screening on existing customers against PEP and sanction lists. This will detect fraud and de-risk clients’ existing customer portfolio.
European Banks are Failing to Plan for Future KYC and AML Risks, Says New Report by Ondato
- 2 years 4 months ago
- AML and KYC
European banks are spending most of their AML (Anti-Money Laundering) and KYC (Know Your Customer) budgets on manual processes that cannot scale to meet the costs and risks of increased compliance demands, according to a new report from Ondato, a technology company that streamlines AML and KYC processes.
iDenfy Partnered with SupplierPlus to Battle Fraud with AML Screening and Monitoring Services
- 2 years 4 months ago
- AML and KYC
The AI-based ID verification and fraud prevention startup, iDenfy, announced uniting with SupplierPlus, the fintech that helps simplify invoice financing between buyers, suppliers and banks. iDenfy’s AML Screening and Monitoring solution kit will automate compliance and ensure a smooth customer onboarding process for SupplierPlus.
SmartSearch Appoints New VP of Professional Services Sales
- 2 years 4 months ago
- AML and KYC
SmartSearch, the provider of the UK’s leading digital compliance solution for anti-money laundering (AML) has promoted Tom Dockerty to the position of vice president of professional services sales.
Markor Technology Teams Up with Sumsub to Streamline Verification for iGaming Customers
- 2 years 4 months ago
- AML and KYC
Markor Technology has partnered with Sumsub to provide enhanced verification and fraud protection while ensuring full compliance.
Arion Bank and Lucinity Join Forces in the Fight Against Money Laundering
- 2 years 4 months ago
- AML and KYC
Arion Bank has announced it will implement Lucinity's technology to help strengthen its defences against money laundering and contribute to a safer financial system. Lucinity's software solution uses the latest artificial intelligence technology to detect money laundering and make it easier for financial companies to spot and resolve such issues more efficiently.
Sumsub Receives SOC 2 Type II Attestation
- 2 years 4 months ago
- AML and KYC
Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 2 Type II audit.
Transferra Partners with Sumsub to Provide Straightforward Customer Onboarding
- 2 years 4 months ago
- AML and KYC
Transferra has partnered with Sumsub to create an easy, safe and secure onboarding experience for their clients.
smartKYC Comes Out on Top in the KYC Solutions 2022 Market Quadrant Update and Vendor Landscape by Chartis
- 2 years 4 months ago
- AML and KYC
smartKYC, the world’s most advanced multilingual semantic search engine, has been recognized as one of the top category leaders across the 2022 Chartis KYC Solutions Market Update and Vendor Landscape report. smartKYC was rated ‘best in class’ for reporting and customer profile enrichment, recognising smartKYC’s industry-leading solutions in potential markets of customer satisfaction and growth strategy.
Money Mule And Crypto Schemes Now Top Money Laundering Threats, According to New Research from Feedzai
- 2 years 5 months ago
- AML and KYC
Money mule schemes, multi-customer cross-wallet activity and the use of crypto exchanges are the most common money laundering techniques, yet most firms are failing to make use of available technology to mitigate the threat, according to the latest research from
NetGuardians Launches Innovative AML Solution Using its Award-winning AI Risk Platform
- 2 years 5 months ago
- AML and KYC
Award-winning Swiss FinTech NetGuardians, renowned for its enterprise risk platform combating bank fraud, today announced the launch of its anti-money-laundering (AML) transaction monitoring solution. NetGuardians has now extended its NG|Screener platform and applied it to money-laundering transaction monitoring in a new solution that stands to transform the outdated AML approaches to bring effectiveness and efficiency to financial institutions...
NICE Actimize Chosen to Provide Cloud-Based AML and Anti-Fraud Financial Crime Platform for UK-Based Target Group
- 2 years 5 months ago
- AML and KYC
NICE Actimize, a NICE business, today announced that its AI and cloud-based Essentials anti-money laundering and anti-fraud solutions have been chosen by Target Group, a UK-based provider of business process outsourcing and operational transformation services.
Sumsub Introduces No-code Configurable User Journeys to Help Companies Orchestrate Verification
- 2 years 5 months ago
- AML and KYC
Sumsub, a global tech company providing customizable KYC, KYB, KYT, and AML solutions, today announced the launch of Workflow Builder, a feature enabling businesses to create user verification workflows tailored to specific triggers and risk scenarios. This new offering will allow companies to automate onboarding decision-making with flexible rules and actions, making user journey seamless while keeping pass rates high.
Fenergo Launches Perpetual KYC Offering
- 2 years 5 months ago
- AML and KYC
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a new perpetual KYC solution to enable financial institutions to streamline periodic KYC review processes and reduce costs through automation.
