European Commission to Make Use of Moody’s Analytics to Modernise Anti-fraud Activity
- 8 months 3 weeks ago
- Compliance
Moody’s Analytics today announced it has been awarded a new Framework Contract (FWC) by European Anti-Fraud Office (OLAF), to provide company data, information on connected individuals, and risk indicators encompassed in Moody’s Analytics’ Orbis database. The evaluation committee scored the Orbis database 87 out of 100 for the quality of its data and risk indicators.
AML RightSource Continues to Advance AI Innovation in AML Compliance Services and Solutions
- 8 months 3 weeks 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 furthered its application of AI and Natural Language Processing (NLP) to allow AML practitioners to reduce time spent on labor intensive, low-value tasks and increase their ability to focus on risks that truly warrant attention.
iDenfy Partners with Umazi to Facilitate Expansion Through Customized KYC and KYB Solutions
- 8 months 4 weeks ago
- AML and KYC
iDenfy, the Lithuania-based RegTech startup offering AI-powered identity verification and fraud prevention tools, announced partnering with Umazi, the UK-based global cross-industry due diligence platform for automating enterprise identity verification. With the implementation of iDenfy's KYC and KYB software, Umazi aims to elevate its due diligence processes to the highest standards possible within the SME market.
Onmeta Becomes the First Fiat On Ramp Solution in India to Register with FIU, Leading the Way in Regulatory Compliance
- 9 months 2 days ago
- Compliance
Onmeta, India’s leading fiat on-ramp & off-ramp solution provider, announced today, that it has become the first such solution in India to register with the Financial Intelligence Unit (FIU) of the Finance Ministry of the Government of India. In March this year, the Government of India brought digital assets under PMLA which included crypto businesses to register with the FIU and was widely perceived as a major step towards regulating the... more
ACA Group Enhances Surveillance Capabilities for Off-Channel Communications to Navigate Rising Regulatory Scrutiny
- 9 months 3 days ago
- Compliance
ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, has enhanced its ability to enable institutions to thoroughly capture mobile device traffic through a partnership with LeapXpert. The partnership delivers expanded enhancements to archival, workflow, and surveillance features across WhatsApp, iMessage, SMS, WeChat, Telegram, LINE, and Signal. The advanced mobile messaging communications capture... more
Kyckr Solves a $40M Problem for Financial Institutions
- 9 months 3 days ago
- Compliance
Kyckr, the corporate Know-Your-Customer company, has unveiled the latest iteration of its UBO (ultimate beneficial ownership) verification tool, which reduces the time it takes banks and financial institutions to verify new customers by up to 80%, and ultimately helps stop financial crime and money laundering.
Azentio Software’s AML Transaction Monitoring Recognised by Celent as a Noteworthy Solution
- 9 months 3 days ago
- AML and KYC
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners - offering a range of innovative software products - has been featured in Celent’s recently published Technical Capabilities Matrix, a part of the report, Financial Crime Compliance Technology: AML Transaction Monitoring Edition – 2023.
ION Recognized as Compliance and Cash Management Leader in Chartis Research’s BuySide50 Rankings
- 9 months 1 week ago
- Compliance
ION, the leading provider of mission-critical trading, risk management, and workflow automation software, has won two categories in Chartis Research’s annual BuySide50 2023 rankings. ION’s LatentZero topped the compliance and cash/treasury management categories. ION also rose nine positions in Chartis Research’s rankings from last year, breaking into the top 15.
Elliptic Partners With FOMO Pay For Digital Asset Compliance at Scale
- 9 months 1 week ago
- Compliance
Elliptic – the global leader in cryptoasset risk management – has announced a partnership with FOMO Pay, a leading payment institution headquartered in Singapore that aims to build a cohesive payment ecosystem in Asia with seamless interoperability between fiat and digital currencies. The new partnership will see FOMO Pay work with Elliptic to enhance its customer onboarding due diligence check process.
Encompass Boosts Expertise to Help Banks on the Road to pKYC
- 9 months 1 week ago
- AML and KYC
Encompass Corporation, the provider of the leading dynamic Know Your Customer (KYC) process automation platform, has unveiled a new
iDenfy Partners with CoinSniper to Optimize the KYC Process
- 9 months 2 weeks ago
- AML and KYC
iDenfy, a Lithuania-based RegTech company offering full-stack identity verification and fraud prevention tools, announced a new partnership with CoinSniper, a digital asset platform for discovering the latest cryptocurrency projects, coins, and tokens. CoinSniper integrated iDenfy’s verification software, enhancing the KYC onboarding experience for all crypto users on the platform.
Sumsub Joins The Payments Association
- 9 months 2 weeks ago
- AML and KYC
Sumsub, a global full-cycle verification platform, is honoured to announce its membership in The Payments Association. This milestone highlights Sumsub's ongoing commitment to enhancing compliance measures and offering best-in-class solutions in the vibrant payments ecosystem.
Gate.io Harnesses Sumsub for Enhanced Identity Verification, Anti-Fraud and Compliance
- 9 months 3 weeks ago
- Compliance
Sumsub, the global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, is pleased to announce its collaboration with Gate.io, one of the world’s pioneering cryptocurrency exchanges that offers services related to the trading of multiple leading digital asset
FullCircl and ComplyAdvantage Team Up to Deliver Game-Changing AML and KYC Screening
- 9 months 3 weeks ago
- AML and KYC
FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financially regulated businesses do better business, faster, and ComplyAdvantage, the leader in financial crime intelligence, today announced a new partnership that will create a best-in-class on
iDenfy Partners with Mountain Wolf to Help Ensure KYC and KYB Compliance
- 9 months 3 weeks ago
- AML and KYC
iDenfy, a Lithuania-based RegTech company offering ID verification and fraud prevention solutions, partnered with Mountain Wolf, a global all-in-one cryptocurrency and digital payment service provider. Mountain Wolf will use iDenfy’s ID verification, Business Verification, and AML screening tools to automate its customer onboarding process and ensure regulatory compliance.
