Compliance

Wolters Kluwer to acquire IDS

3 years 11 months ago
Compliance, Risk Management

Wolters Kluwer Governance, Risk & Compliance (GRC) has announced that it has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), a leading U.S. provider of compliance and document generation software solutions for the mortgage and real estate industry. The deal is for approximately $70 million in cash.

Banks and Financial Institutions Are at Risk Because of the Sanctions on Russia

3 years 11 months ago
RegTech, AML and KYC

Hundreds of financial organizations that wanted to protect themselves against the sanctions on Russia have made thousands of queries recently, using the software a Financial Technology company located in Istanbul developed. Banks and Financial Institutions put Sanction Scanner on their agenda. This startup works with financial institutions from over 40 countries with more than 3000 up-to-date Sanctions, PEP, and Watched lists.

Financial Crime Compliance Expert from NatWest joins Napier as CPO

3 years 12 months ago
Security, Compliance

Napier, provider of leading anti-financial crime compliance solutions, has announced that former NatWest Group Head of Financial Crime Quality and Standards, William Monk, will become its new Chief Product Officer (CPO), while current CPO, Nick Portalski, moves to the role of Chief Solutions Officer (CSO).

Sanctions Against Russia Mean Screening is More Vital Than Ever

4 years 15 hours ago
AML and KYC

Businesses should take action to review their due diligence and sanctions screening procedures to avoid falling foul of extensive new sanctions against Russia, according to an anti-money laundering expert. The sanctions include restrictions against individuals, entities, and their subsidiaries, and the introduction of legislation to limit deposits held by Russian nationals in UK bank accounts to £50,000.

payabl. partners with Know Your Customer for Seamless Merchant Onboarding Across Europe

4 years 17 hours ago
Payments, AML and KYC

Today payabl. the international merchant acquirer that enables businesses to take payments easily, reliably and securely, announces it is joining forces with RegTech provider Know Your Customer, to offer fully digital, secure and seamless onboarding to merchants worldwide.

Maxpay GDPR Compliant Now

4 years 4 days ago
Compliance

Maxpay’s team continues improving the security policies and services to make its platform safer and user-friendly. Maxpay is now GDPR compliant with the scope “Risk management and payment processing platforms for government-regulated financial institutions and any other online businesses”.

OCR Labs Secures $30 Million Series B

4 years 4 days ago
AML and KYC

OCR Labs a Leading Technology Provider of Digital Identity Verification Globally Secures $30 Million Series B

IPC Partners with Drebbel to Bolster Presence in Key Continental European Markets

4 years 5 days ago
Security, Compliance

IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets and trading community, today announced its decision to onboard Amsterdam, Brussels and Frankfurt based

PassFort’s KYC Workflow Solution to Be Deployed by Nvayo to Drive Customer-centric Onboarding for Ultra-high-net-worth Clients

4 years 1 week ago
RegTech, e-Payments, AML and KYC

PassFort, a Moody’s Analytics company, today announced that Nvayo, an electronic money issuer serving ultra-high-net-worth and underserved clients, and its affiliates which form part of the PMA Media Group of companies, has chosen to use its know your customer (KYC) workflow solution. PassFort’s solution will enable the group’s companies to comply with complex international regulations while creating seamless onboarding experiences across global... more

Virgin Money Integrates the HooYu Onboarding Journey for New Account Opening

4 years 1 week ago
Digital banking, AML and KYC

Virgin Money deploys refined customer onboarding journey using HooYu orchestration and UI journey tools HooYu, the leading customer onboarding, and KYC technology provider, is partnering with Virgin Money, the full-service digital bank, to implement a new account opening journey for Virgin Money customers.

New Whitepaper Calls for Effective AML Due Diligence

4 years 1 week ago
Compliance, AML and KYC

Industry leading anti-money laundering specialist SmartSearch has launched a whitepaper analysing due diligence undertaken by financial services firms when on-boarding clients. The report, based upon a survey of 500 regulated firms* in the UK, reveals that financial services firms are witnessing increased fraudulent activity, yet many are still using outdated procedures to confirm client identities. Key findings include:

Moorwand Launches Suite of Payments Compliance Services

4 years 1 week ago
Payments, Compliance, AML and KYC

Moorwand, a payments solutions provider, offering BIN sponsorship and issuing services, today announced the launch of its suite of payments compliance services. The suite aims to improve the financial crime systems and controls for Moorwand clients whilst reducing the administrative burden and improving operational efficiencies.

Clausematch Initiates the 'show Your Compliance Team Love' Award to Embrace the Role of Compliance Professionals in Covid Times

4 years 2 weeks ago
Compliance

This February sees the launch of the first inaugural "Show Your Compliance Team Some Love" award to provide a deep appreciation to people working in governance and compliance.