Latest Money Laundering News: Finextra Research

Accuity adds real-time vessel alerting and tracking to screening service

Accuity, the leading provider of financial crime compliance, payments and counterparty know-your-customer (KYC) solutions, today announced its new vessel monitoring capability, Firco Trade Compliance Ship Enforcement Alerts (SEA), which will further enhance its market leading screening solution.

05 June 2018

Company update/Money Laundering

Trunomi joins forces with Shyft for KYC

Trunomi, the industry's leading consent framework and data rights management solution, today announces its official partnership with Shyft, a comprehensive blockchain-based digital ID solution for Know Your Customer (KYC) and Anti Money Laundering (AML) compliance.

01 June 2018

Company update/Money Laundering

Payvision founder Rudolf Booker and Finch Capital back global rollout of Safened

SAFENED has closed the final tranche of a EUR 14 million funding round from Rudolf Booker, founder of Payvision, and venture capital investor Finch Capital (investing out of their first fund).

01 June 2018

Company update/Money Laundering

SolarisBank inks deal with regtech startup Clarus.io

SolarisBank, the Berlin-based “banking platform” and Clarus.io, an Israeli Regtech startup that develops tools for detecting and preventing financial crime, have recently signed a partnership agreement.

01 June 2018

Company update/Money Laundering

Lysis joins with Genpact in fight against financial crime

Lysis, a global group of companies specialising in AML and KYC consulting, services and training announces that it is partnering with Genpact (NYSE: G), a professional services firm focused on delivering digital transformation, to help large financial services organisations tackle financial crime compliance by combining deep domain expertise with advanced digital process innovation.

31 May 2018

Company update/Money Laundering

Nordea takes a caning over delivery of EUR500 notes to foreign exchange bureaux

On Thursday 24 May Operation X, a programme broadcast by the Danish television channel TV2, will put the spotlight on Nordea’s role in delivering foreign exchange to foreign exchange bureaux.

25 May 2018

Company update/Money Laundering

Blue Prism and identitii team up

identitii, the company enabling the secure, trusted and auditable exchange of information within and between counterparty financial institutions, today announced a new partnership with Blue Prism (AIM: PRSM), the global market leader in Robotic Process Automation (RPA).

23 May 2018

Company update/Money Laundering

Thomson Reuters harnesses machine learning to screen unstructured data

Thomson Reuters has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime.

15 May 2018

Company update/Money Laundering

Muinmos and NorthRow partner for automated onboarding

RegTech software specialist muinmos has partnered with NorthRow, a complementary RegTech compliance software provider, to provide a powerful combined fully automated solution to support client onboarding in the financial services sector.

15 May 2018

Company update/Money Laundering

Mitek delivers digital KYC for cryptocurrency broker BTCDirect

Mitek (NASDAQ: MITK), a global leader in digital identity verification solutions, today announced that it is providing digital onboarding for BTCDirect customers.

03 May 2018

Company update/Money Laundering

Arachnys strengthens sales and marketing team

Arachnys, the leader in Customer Risk Decisioning solutions for KYC, AML and EDD, has appointed Steve Mann as Chief Marketing Officer.

02 May 2018

Company update/Money Laundering

Currency Matters applies facial recognition to verify new customers

Currency Matters, the foreign currency exchange and payment service that enables businesses to trade cost effectively overseas has added biometric facial verification from Selified to quickly verify new customers worldwide.

26 April 2018

Company update/Money Laundering

Holst and Christoffersen join board of muinmos

Market-leading RegTech specialist, muinmos, has attracted investment from two industry heavyweights, both with a proven track record in growing successful global technology businesses.

26 April 2018

Company update/Money Laundering

Encompass partners with Wisers Information to bolster Asian KYC content

encompass, the only provider of simultaneous, real-time access to multiple sources of global company and person data, today announced a new partnership with Wisers Information Limited, the world’s leading provider of Chinese media and business intelligence.

25 April 2018

Company update/Money Laundering

Crèdit Andorrà Financial Group to strengthen AML practices with Nice Actimize

Facing the complexities of global regulations, Crèdit Andorrà Financial Group has selected NICE Actimize, a NICE (Nasdaq:NICE) business and the leader in Autonomous Financial Crime Management, to strengthen its anti-money laundering solutions strategy.

24 April 2018

Company update/Money Laundering

European Parliament approves tougher rules on prepaid cards and cryptocurrencies

To shed light on the true owners of letterbox companies, any citizen will, in future, be able to access data about the beneficial owners of firms operating in the EU.

20 April 2018

Company update/Money Laundering

Fortytwo Data appoints Luca Primerano as chief AI officer

Anti-money laundering (AML) and Big Data specialist Fortytwo Data has appointed machine learning expert Luca Primerano as Chief AI Officer.

16 April 2018

Company update/Money Laundering

Accenture releases cloud-based utility to help US banks improve risk management

Accenture (NYSE: ACN) has launched a cloud-based data analytics utility to help U.S. banks improve and manage their risk-management and other activities more efficiently and cost-effectively than they could do on their own.

28 March 2018

Company update/Money Laundering

Thomson Reuters collaborates with Salesforce in fight against financial crime

Thomson Reuters today announced it is collaborating with Salesforce to help clients quickly and efficiently on-board new customers and meet regulatory anti-money laundering obligations in the fight against financial crime.

28 March 2018

Company update/Money Laundering

Encompass opens Hong Kong office

encompass corporation (“encompass”), the only provider of simultaneous, real-time access to multiple sources of global company and person data, is experiencing increased interest in its automation solutions from East and South East Asia in response to more stringent Know Your Customer (KYC) requirements across the region.

27 March 2018