New Whitepaper Calls for Effective AML Due Diligence
- 2 years 10 months 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in the UK, reveals that financial services firms are witnessing increased fraudulent activity, yet many are still using outdated procedures to confirm client identities.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
- 2 years 10 months 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
- 2 years 11 months 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.
Active/Inactive Company AI Agent Further Enhances the QuantaVerse AML Compliance Platform
- 2 years 11 months ago
- Compliance, AML and KYC
New capability considers a company’s registration status as an indicator of AML/BSA compliance risk
Nationwide Builds a Better Digital Onboarding Experience with Jumio
- 2 years 11 months ago
- Artificial Intelligence, AML and KYC
World’s largest mutual building society utilises Jumio’s AI-powered solutions to verify identity and age of new members
How Paybis Enhanced Their KYC/AML Compliance Processes With Sumsub’s All-in-one Solution
- 2 years 11 months ago
- Cryptocurrencies, Compliance, AML and KYC
Reaching 80% conversion and beyond, Paybis is planning to continue their global expansion with strong anti-fraud and a reputable identity verification provider. Paybis, a global crypto exchange platform with over 1,5 mln registered users from 180+ countries, is ready to share the results and future prospects of their partnership with Sumsub, an identity verification and KYC/AML compliance provider.
Diligent Finds Cyberbreaches Due to Work-From-Home Have Cost Surveyed UK Businesses £374 Million in the Last 18 Months
- 2 years 11 months ago
- Compliance, Risk Management
Other survey findings include: majority of companies experienced a cyberbreach in 2021, view ESG as a box-ticking exercise and have significant concerns around changing regulations
Trends Impacting Compliance Technology in 2022
- 2 years 11 months ago
- RegTech, Compliance, AML and KYC
Although Covid came and changed the way we live and work over the past 24 months, for those working in compliance, it meant the introduction of more laws, rules and regulations. With these additions, compliance teams continue to face more regulations that need to be discussed, analyzed and implemented. It is also forecasted that the demand for technology will continue to grow which will require the use of automation and Artificial Intelligence... more
Jumio Completes 4Stop Acquisition
- 2 years 11 months ago
- Artificial Intelligence, AML and KYC
Addition of 4Stop’s data sources to the Jumio KYX Platform realizes Jumio’s strategic vision of redefining the end-to-end identity industry
Mobai and Keesing Technologies partner to bring seamless ID verification for secure customer onboarding to market
- 2 years 11 months ago
- AML and KYC
Mobai AS and Keesing Technologies team up to prevent identity fraud and enhance KYC processes by launching frictionless end-to-end identity verification. The partnership adds cutting-edge face verification technology to one of the world’s premier identity verification platforms, providing a highly secure and trusted means of customer screening and onboarding for both on-site and remote settings.
Tier1 Appoints Compliance Software Sales Expert Megan Howe to Expand North America Footprint
- 2 years 12 months ago
- Compliance, AML and KYC, CRM
Tier1 Financial Solutions (“Tier1”), a leading provider of client relationship management (“CRM”) solutions, AML compliance and fraud prevention solutions, has appointed Megan Howe as Managing Director, North America Sales. Howe will be responsible for driving compliance software and buy-side CRM sales in North America, delivering a range of client lifecycle management solutions.
PassFort, a Moody’s Analytics Company and Trulioo Announce Global Partnership
- 3 years 4 days ago
- Digital Identity, AML and KYC, Authentication Technology
The collaboration gives regulated firms choice and flexibility to automate global KYC
Sheer Markets Selects Muinmos for Fast Onboarding & Regulatory Compliance
- 3 years 4 days ago
- RegTech, Compliance
Cyprus based broker, Sheer Markets has selected Muinmos as its RegTech partner for fast onboarding and regulatory compliance.
NICE Actimize Augments Cloud Native X-Sight Financial Crime Platform with Sparkling Logic’s Decision Management Technology
- 3 years 3 weeks ago
- Compliance, Risk Management
Sparkling Logic’s decision management platform leverages data insights and authors business rules to define automated decisions
60% of Fraudsters Use Physical Fakes: New Study From Sumsub
- 3 years 3 weeks ago
- Fraud Detection, AML and KYC
Anti-fraud and verification platform, Sumsub, is sharing the results of its identity fraud research to help businesses protect themselves from cybercriminals
