AU10TIX Launches Advanced AML Solution Featuring Proprietary Decision-Making Mechanism and Rigorous Quality Checks
- 4 months 4 weeks ago
- AML and KYC
AU10TIX, a global technology leader in identity verification and management, today unveiled its advanced anti-money laundering (AML) solution. Designed to address the significant business risks posed by financial crimes such as money laundering, fraud, and terrorism financing, the solution incorporates rigorous internal quality checks and a proprietary decision-making mechanism to filter out unreliable data and ensure a safer approach to risk... more
Daxian and Know Your Customer Unite to Elevate KYB Compliance Practices Across Luxembourg
- 5 months 4 hours ago
- Compliance
Daxian, an independent consulting firm specialising in compliance solutions for complex situations, and Know Your Customer, a leading RegTech company, announced a strategic partnership to transform compliance and Know Your Business capabilities in Luxembourg.
Moody's Highlights Entity Verification as Key to AI Accuracy in Risk Management and Compliance
- 5 months 4 days ago
- AML and KYC
Moody's has released its latest study, showcasing the pivotal role of Entity Verification data in the adoption of AI tools within the risk and compliance sector.
Tuum Partners with ComplyAdvantage to Deliver Faster Compliance, Reduced Risk, and Enhanced Operational Efficiency
- 5 months 4 days ago
- Compliance
Tuum, a leading next-generation core banking platform, is proud to announce its partnership with ComplyAdvantage, a leader in financial crime intelligence. This strategic partnership leverages Tuum’s API-first approach to integrate best-of-breed complementary solutions, ensuring that financial institutions can meet their unique needs effectively and efficiently with a modern solution, providing advanced tools to detect and prevent financial... more
Solaris Wins Bitpanda as New Partner for Its KYC Platform
- 5 months 6 days ago
- AML and KYC
Solaris, Europe’s leading embedded finance platform is proud to welcome Bitpanda, Europe’s leading crypto platform, on its KYC platform. Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident to identify customers in Germany. This signals an exciting new chapter in a longstanding partnership between Solaris & Bitpanda, with Solaris already acting as issuer and processor for Bitpanda’s debit card programme across... more
PROVEN Bank Deploys Fenergo’s Transaction Monitoring to Bolster Its AML Compliance
- 5 months 6 days ago
- Compliance
Fenergo, the leading provider of digital solutions for know-your-customer (KYC), transaction monitoring and client lifecycle management (CLM), today announced that Caribbean-based PROVEN Bank is deploying Fenergo’s transaction monitoring solution to streamline its anti-money laundering (AML) compliance processes.
The Federal Reserve Board Fined Green Dot $44 Million for Unfair Practices and Poor Consumer Compliance Management
- 5 months 2 weeks ago
- Compliance
The Federal Reserve Board on Friday took action to address consumer compliance breakdowns by Green Dot, fining the firm $44 million for numerous unfair and deceptive practices and a deficient consumer compliance risk management program.
iDenfy Launches a New AI-Powered Utility Bill Verification Tool
- 5 months 2 weeks ago
- AML and KYC
iDenfy, a Lithuania-based identity verification and fraud prevention software provider, has launched its new automated utility bill verification solution. This innovative tool is designed to enhance the efficiency and accuracy of the proof of address (PoA) process, as well as provide businesses with a powerful tool to ensure anti-money laundering (AML) and Know Your Customer (KYC) compliance.
Wolters Kluwer Launches CCH Tagetik Tax Provision & Reporting Solution
- 5 months 3 weeks ago
- Tax Authorities
Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it has launched CCH® Tagetik Tax Provision & Reporting. This new solution supports companies that are seeking to streamline group tax provision and accounting processes by integrating and bridging the gap between financial and tax reporting.
Complexity Crisis: New Detected Study Reveals KYB Needs a Tech Upgrade
- 6 months 6 days ago
- AML and KYC
Detected, a fintech reinventing how companies think about business onboarding, has released a new study highlighting the key challenges and future trends in the Know Your Business (KYB) sector. The findings reveal that the most common problem with KYB is the complexity of the process and AI and automation are set to transform business operations by 2027.
Singapore Publishes Updated Money Laundering National Risk Assessment
- 6 months 2 weeks ago
- AML and KYC
Singapore published today its updated Money Laundering (ML) National Risk Assessment (NRA), as part of Singapore’s continuing efforts to maintain the effectiveness of its anti-money laundering (AML) regime amidst the evolving risk landscape.
iDenfy Releases Its New Risk Assessment Tool and Completes Its KYC/KYB/AML Compliance Package
- 6 months 2 weeks ago
- AML and KYC
iDenfy, a Lithuania-based identity verification and fraud prevention software provider, announced the launch of its new AI-powered customer risk assessment solution. This new easy-to-use platform feature is specifically designed to empower businesses with a comprehensive, automated, and customizable approach to risk management for both Know Your Customer (KYC) and Know Your Business (KYB) compliance.
Sumsub Revamps Business Verification, Making It the Only Six-in-One KYB Solution on the Market
- 6 months 3 weeks ago
- AML and KYC
Today, Sumsub, a global full-cycle verification provider, revamped its Business Verification solution with expanded coverage and data sources to improve data quality and enhance user experience.
Ledgible Pioneers Digital Assets Tax Information Reporting For First of its Kind Tokenized Money Fund
- 6 months 3 weeks ago
- Tax Authorities
Ledgible, the leading professional-first digital asset software platform for tax information reporting & compliance for digital assets, today announced their groundbreaking tax information reporting compliance operations.
Smartsearch to Provide Real-time Global Identity Verification With International Individual Check Solution
- 7 months 3 days ago
- AML and KYC
SmartSearch,, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, today announces the launch of its International Individual Check solution. The innovative solution enables SmartSearch customers to perform identity verification checks for individuals residing internationally in more than 40 countries, using extensive data coverage from more than 200 global sources.
