Wolters Kluwer Compliance Solutions wins three International Business Awards
- 4 years 4 months ago
- Compliance
Wolters Kluwer’s Compliance Solutions business has earned three 2020 International Business Awards, including two Silver-level awards, as part of the renowned Stevie Awards program for innovation.
Kompli-Global Launches New Outsourced KYC Offering to Help Regulated Entities Complete Comprehensive Customer Onboarding
- 4 years 4 months ago
- RegTech, AML and KYC
With fraudsters and money launderers becoming increasingly clever, regulated entities do not always have the time or in-house expertise to keep up with their regulatory compliance obligations. Which is why Kompli-Global, the leading RegTech AML specialist, has today announced the launch of its comprehensive outsourced Know your Customer (KYC) solution, Kompli-Outsource™.
AML Specialist SmartSearch Opens First US Office
- 4 years 4 months ago
- AML and KYC
Leading UK anti-money-laundering (AML) firm SmartSearch has opened its first office in the USA just two months after starting operations across the Atlantic. Building on the success of the initial launch, SmartSearch has confirmed it will have a presence on the ground in the western state of Utah. Recruitment is now underway for a team to support the office head Chad Rawlings, with group support from international strategy director Martin Turvey.
World’s Largest Crypto Payments Processor, CoinPayments, Adopts Sumsub’s KYC Solution
- 4 years 4 months ago
- Cryptocurrencies, Compliance, AML and KYC
The world’s largest cryptocurrency payments processor, CoinPayments, announces its collaboration with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. This partnership will simplify onboarding for CoinPayments users, while optimizing conversion rates, reducing costs by 30% and reducing time spent on routine tasks by 50%.
Kroll Enhances Managed Detection and Response Solutions with Kroll Responder
- 4 years 4 months ago
- Cybersecurity, Compliance, Risk Management
Kroll, a division of Duff & Phelps, the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions, today announced that it has elevated its managed detection and response (MDR) capabilities with Kroll Responder. Responder is a turnkey solution delivering 24x7 MDR, merging robust monitoring, proactive threat hunting and superior incident response by Kroll’s seasoned investigators... more
The USA to simplify the procedure for issuing licenses to cryptocurrency and fintech companies
- 4 years 4 months ago
- Bitcoins, Cryptocurrencies, Compliance
The Conference of State Banking Regulators (CSBS) on Tuesday announced a new regulatory regime for monetary services companies that would allow businesses to pass a one-time compliance test, rather than seeking a state-by-state license as it currently does.
FinCEN Files Leak - Experts Comment
- 4 years 4 months ago
- AML and KYC
Leaked documents involving about $2tn of transactions have revealed that some of the world's biggest banks were a part of an industrial-scale money laundering. Here are some of the cases:
Shield Joins IBM Cloud for Financial Services Ecosystem
- 4 years 4 months ago
- RegTech, Cloud, Compliance
Specialist RegTech provider Shield today announced it has joined the IBM Cloud for Financial Services ecosystem and intends to onboard its communication compliance and surveillance offerings to the platform. Shield will join an ecosystem of Independent Software Vendor (ISV) partners to help offer financial services customers a range of capabilities built on IBM Cloud for Financial Services.
Sysnet Adds New Features to its Revolutionary Proactive Data Security Solution
- 4 years 4 months ago
- Security, Compliance, Data
Sysnet Global Solutions, the leading provider of cyber security and compliance solutions, is today launching a brand new update to its leading Proactive Data Security (PDS) solution. PDS 2.0 comes with a host of new features including a mobile application and additional security tools.
UK Financial Institutions Prioritising Investment in Optimising Customer Experience, According to New Tink Research
- 4 years 4 months ago
- Investment, Compliance, AML and KYC
New data published today from open banking platform Tink reveals that UK financial institutions are continuing to recognise the competitive advantage of open banking, going beyond compliance and prioritising investments in improving the digital customer experience.
Hong Kong’s livi bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting Solution
- 4 years 4 months ago
- RegTech, Compliance, Risk Management
Wolters Kluwer has been selected by livi bank for its award winning OneSumX for Regulatory Reporting solution to manage the bank’s regulatory reporting obligations.
Ideal Prediction Awarded ‘Best Surveillance Provider’ By FX Markets
- 4 years 4 months ago
- RegTech, Trading Systems, Compliance
Ideal Prediction (Ideal), the independent trading analysis and data science company for capital markets, has won the FX Markets award for ‘Best Surveillance Provider’ for the second consecutive year.
Smith & Williamson Selects Broadridge’s Industry Leading SRD II Compliance Solution
- 4 years 4 months ago
- Compliance
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced an agreement to provide Smith & Williamson Group, a leading financial and professional services firm in the UK and Ireland, with its Shareholder Rights Directive (SRD II) solution for proxy voting. Smith & Williamson is using the Broadridge solution to support its discretionary and non-discretionary execution clients, spanning both institutional and... more
Banking Circle Launches ‘Payments on Behalf of’ to Improve Payments Transparency
- 4 years 4 months ago
- Payments, Compliance
Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions.
SmartSearch ‘TripleCheck’ Sets a New Standard in AML Security
- 4 years 4 months ago
- Security, AML and KYC
Anti-money-laundering (AML) specialist SmartSearch has launched TripleCheck, a ground-breaking new digital Know Your Customer (KYC) and AML solution. TripleCheck combines three highly sophisticated verification methods to set a new standard in AML security. Level 1 – Identification and Verification with sanctions and PEP screening Level 1 is SmartSearch’s award-winning electronic identity verification.
