World Anti-Corruption Conference: UK Money Laundering Losses Rise to Nearly £150bn Each Year
- 6 months 1 week ago
- AML and KYC
Money laundering losses in the UK have risen to almost £150 billion each year, according to research shared at the World Anti-Corruption Summit. Losses increased by 8.3% annually, driven by rising compliance costs and London’s continuing role as a global hub for foreign capital flows.
Mako Financial Technologies and Trulioo Partner to Streamline KYC for Wealth Advisors Across the U.S. and Canada
- 6 months 1 week ago
- AML and KYC
Mako Financial Technologies, the industry-leading workflow platform for financial services, today announced a strategic partnership with Trulioo, the industry-leading identity platform for global person and business verification.
Smarsh Announces Expansion of Relationship With Jefferies
- 6 months 1 week ago
- Compliance
Today, Smarsh announced that Jefferies has selected the company’s flagship communications surveillance technology to address the growing challenge of monitoring vast and complex digital communications. Jefferies, a leading full-service global investment banking and capital markets firm, faced a need to scale its global electronic communications and sought a solution that was compatible with its existing infrastructure and that could enhance its... more
SmartSearch and T-Tech Partner to Automate AML Compliance in the Accountancy Sector via Practice Gateway
- 6 months 1 week ago
- AML and KYC
SmartSearch, the UK’s leading provider of digital a
iDenfy Launches SMS & Email Verification Tools for an Extra Security Layer in KYC Onboarding
- 6 months 2 weeks ago
- AML and KYC
iDenfy, an identity verification, compliance and fraud prevention company from Lithuania, introduced new SMS and Email verification features to its industry-leading Know Your Customer (KYC) software. iDenfy is now able to improve both accuracy and simplicity during the initial user onboarding phase to help solve issues like multiple accounts, invalid phone numbers, forged IDs and other relevant security challenges that are commonly encountered... more
Dollarize Selects Flagright to Power Real-Time Transaction Monitoring and Risk-Based AML
- 6 months 2 weeks ago
- AML and KYC
Flagright, the AI‑native, no‑code platform for transaction monitoring and AML compliance, is pleased to welcome Dollarize as a client. Dollarize will use Flagright’s real‑time transaction monitoring, dynamic risk scoring, and case management to strengthen financial crime controls as the company scales.
CUBE Acquires Berlin-Based Kodex AI, Creating an Industry-First Unified Compliance, Risk and Agentic AI Platform
- 6 months 2 weeks ago
- Compliance
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces the acquisition of Kodex AI, a Berlin-headquartered technology business pioneering the use of agentic AI to transform compliance and risk management across the global financial industry.
Adepa Partners with Fenergo to Revolutionize Investor Services
- 6 months 2 weeks ago
- Compliance
Fenergo, the leading provider of client lifecycle management (CLM), Know your Customer (KYC) and transaction monitoring (TM) solutions today announces that Adepa, a leading provider of global asset servicing solutions, has deployed its software to streamline investor onboarding and enhance compliance across Adepa’s operations, starting in Luxembourg.
SmartSearch Integrates with Clio to Enhance AML Compliance for Legal Professionals
- 6 months 2 weeks ago
- AML and KYC
SmartSearch, the UK’s leading provider of digital ant
Monzo Simplifies Making Tax Digital with Built-In Tax Filing Tool, Powered by Sage
- 6 months 2 weeks ago
- Tax Authorities
Monzo, the digital bank with over 700,000 business customers, is helping simplify tax filing for sole traders and landlords with a new tool that lets them file directly to HMRC from their Monzo Business bank account.
Keyrails Chooses Flagright to Power Real-Time Transaction Monitoring and AML Screening
- 6 months 3 weeks ago
- AML and KYC
Flagright, the AI‑native, no‑code platform for transaction monitoring and AML compliance, is pleased to welcome Keyrails as a client. Keyrails will use Flagright for real‑time transaction monitoring, watchlist screening of banks,senders and beneficiaries, risk scoring, case management, and AI forensics as it expands fiat capabilities alongside its stablecoin‑powered rails.
FloQast Chosen by Halfords to Streamline Compliance and Prepare for Provision 29
- 6 months 3 weeks ago
- Compliance
FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced that Halfords, the UK's leading retailer o
Eventus Launches Frank AI, New Technology Purpose-Built for Financial Compliance and Surveillance Analytics
- 6 months 3 weeks ago
- Compliance
Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, today announced the launch of Frank AI, its artificial intelligence solution purpose-built for financial compliance teams and surveillance analytics. Eventus’ use of deterministic AI for the trade surveillance solution ensures that clients achieve secure, repeatable and transparent results – a necessity for regulatory inquiries and audits.
RelyComply, a Unified AML & KYC Platform, Expands to the UK
- 6 months 3 weeks ago
- AML and KYC
RelyComply, a South African founded anti-financial crime platform, specialising in Anti-Money Laundering (AML), Know-Your-Customer (KYC), and Know-Your-Business (KYB) processes, has announced its launch in the UK. It plans to vastly overhaul how financial crime is combated across the country.
SmartSearch Acquires Credas, Accelerating UK Growth in Digital KYC & AML Compliance
- 6 months 3 weeks ago
- AML and KYC
SmartSearch has agreed to acquire Credas Technologies Ltd, a leading provider of identity verification solutions for the legal and property sectors. This strategic acquisition, subject to regulatory approval, enhances SmartSearch’s position as one of the UK’s foremost digital Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance platforms.
