One Year on from EU’s Proposed VAT in the Digital Age (ViDA) Reforms
- 1 year 3 weeks ago
- Tax Authorities
Today marks the one-year anniversary of the European Commission’s VAT in the Digital Age (ViDA). Set to be enforced between 2024 and 2028, these reforms respond to reports indicating a €93 billion loss in VAT revenues for European member states in 2020 and aim to enhance efficiency and combat fraud.
Tokenbridge to Use Blockchain Technology to Enhance KYC and ID Processes for Financial Services Data Business The Tracing Group
- 1 year 4 weeks ago
- AML and KYC
Tokenbridge, a B2B tokenisation platform streamlining the wealth and fund management ecosystem, today announced that it is working with financial client data firm, The Tracing Group (TTG), to implement blockchain technology to streamline Know Your Client (KYC), Anti-Money Laundering (AML) and client identification processes.
Cytora Integrates Vespia AML and KYB Compliance to Further Operationalise Data Directly Into the Risk Processing Workflows
- 1 year 4 weeks ago
- Compliance
Cytora, the leading digital risk processing platform and Vespia, a provider of compliance data, is proud to announce Vespia’s AI powered risk analytics are now being used to enhance the underwriting process seamlessly within Cytora’s digital risk processing platform, providing commercial insurance underwriters with deeper insights into business risks associated with AML and sanctions.
"Viena Saskaita" Strengthens Money Laundering Prevention with AMLYZE Solutions
- 1 year 1 month ago
- AML and KYC
AMLYZE, a leading RegTech specializing in anti-financial crime solutions for FinTechs, banks and crypto businesses, will provide money-laundering prevention and compliance solutions to the first and largest Lithuania’s specialized online payment platform "Viena Saskaita".
Archway.Finance Chooses iDenfy to Boost Security Through New KYC/AML Solutions
- 1 year 1 month ago
- Compliance
iDenfy, a Lithuania-based RegTech company, best known for its identity verification services, partnered with Archway.Finance, a Bulgaria-based fiat-to-crypto payment gateway specializing in business payments, cross-border transactions, and international payments. iDenfy will address Archway.Finance's KYC, KYB, and AML compliance needs, ensuring secure and compliant transactions.
Sanctions Screening by Regulated Firms Plunges Almost 50 Percent, Reveals SmartSearch Survey
- 1 year 1 month ago
- AML and KYC
Only a quarter (25 percent) of regulated firms always check new customers against sanctions or Politically Exposed Person (PEP) lists, according to new survey data from leading anti-money laundering (AML) and digital compliance firm, SmartSearch.
Opal Auctions Boosts Stone Sales Security with iDenfy’s Identity Verification
- 1 year 1 month ago
- Digital Identity, AML and KYC
iDenfy, a Lithuania-based RegTech company providing identity verification and fraud prevention tools, announced a new partnership with Opal Auctions, a global stone and jewelry marketplace platform for verified users. iDenfy’s KYC solution will help verify and onboard sellers and buyers through a simple, four-step identity verification process.
Majority of Regulated Firms do not Always Complete Essential Identity Checks
- 1 year 1 month ago
- AML and KYC
More than two-thirds of regulated firms (70%) do not always complete essential identity checks when taking on new individual customers, new survey data can reveal.
British Banks Grapple with More Costly and Lengthy KYC Procedures
- 1 year 1 month ago
- AML and KYC
Carrying out Know Your Customer (KYC) tasks is becoming increasingly costly and time-consuming for banks in Britain and across the world, according to new research from Fenergo, the leading provider of KYC and Client Lifecycle Management (CLM) software solutions for financial institutions.
Spryker Partners with Vertex to Integrate Tax and Compliance Solutions for Global Customers
- 1 year 1 month ago
- Compliance
Spryker, the leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce, today announced a new partnership with
iDenfy’s ID Verification Creates a Frictionless KYC Flow for SoftGenius
- 1 year 1 month ago
- AML and KYC
iDenfy, a global RegTech startup best known for its ID verification and fraud prevention tool hub, announced a new partnership with SoftGenius, a software development company specializing in crafting premier iGaming solutions. iDenfy's identity verification and AML solutions will assist in the screening and onboarding process of SoftGenius's expanding customer base.
TS Imagine Launches Best Execution Module and Analytics Dashboard to Streamline Compliance within TS One and TradeSmart OEMS
- 1 year 2 months ago
- Compliance
TS Imagine, the leading global, cross-asset provider of real-time trading, portfolio, and risk management solutions for financial institutions, today announces the availability of a module within TradeSmart OEMS and TS One that streamlines Best Execution compliance and reporting. The module and analytics dashboard provides provide traders with a comprehensive view of their trading activity, real-time comment capture and best execution reporting.
AML RightSource Offers Support for Transaction Monitoring System Selection and Integration
- 1 year 2 months 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 expanded its Financial Crimes Advisory (FCA) services to financial institutions with expert support for transaction monitoring system (TMS) selection and implementation.
Instnt Launches Multipass: An Insured Decentralized Consumer Identity for One-click Onboarding and Passwordless Authentication
- 1 year 2 months ago
- AML and KYC
Instnt, a leader in fraud insurance technology that helps businesses shift up to $100MM in annual fraud losses off their balance sheets so they can say yes to more good customers, is excited to introduce Multipass, a universal identity solution that revolutionizes customer acceptance.
