Money Laundering

682 articles tagged with this keyword

/identity

Banxy speeds up onboarding with Shufti Pro

UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients.

/regulation

Themis raises $9m

Themis, a collaborative governance, risk, and compliance platform, announced today it has secured $9M in seed investment to solve compliance and risk challenges stemming from cross-sector and cross-border partnerships.

/crime

Blockchain technology enterprise OwlTing bolsters AML defenses with Napier

Napier, provider of leading anti-financial crime compliance solutions, announced that OwlTing Group, a blockchain technology enterprise, is the latest to leverage Napier’s AI-enhanced technology solutions to develop an effective financial crime compliance system, which improves its anti-money laundering (AML) and counter-terrorist financing (CTF) defenses and meets relevant regulatory requirements.

/crime

Oldenburgische Landesbank AG selects Inform's RiskShield for AML monitoring

INFORM and the Oldenburgische Landesbank AG (OLB) have embarked on a new project to implement RiskShield, a multichannel risk assessment, fraud detection and AML compliance monitoring solution, across several different channels within the financial institution’s operations.

/people

TRM LAbs names Chris Janczewski head, global investigations

TRM Labs, the leading provider of cryptocurrency anti-money laundering (AML) and investigations software, announced today that former IRS-Criminal Investigations (IRS-CI) Special Agent Chris Janczewski has joined TRM as Head of Global Investigations, bringing extraordinary investigative expertise to the next generation blockchain intelligence company.

/regulation

SmartSearch launches high-risk country report service

A new high-risk country report service has been launched by leading anti-money laundering specialist, SmartSearch in response to the introduction of sanctions against Russia.

/regulation

Ping Payments selects Sentinels for AML controls

Ping Payments, the Nordics premier payments services provider for modern e-commerce and online transactions, has chosen Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, to reinforce its anti-money laundering (AML) controls.

/regulation

FinCEN fines USAA $140 million for violating Bank Secrecy Act

The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed a $140 million civil money penalty against USAA Federal Savings Bank (USAA FSB) for willful violations of the Bank Secrecy Act (BSA) and its implementing regulations.

/identity

Crypto exchange Stex deploys ID verification tech from Ondato

STEX, a cryptocurrency exchange that has consistently been ahead of the curve on security and compliance, is partnering with Ondato, a leading Know Your Customer (KYC) and Anti-Money Laundering (AML) platform.

/identity

Trulioo expands identity verification services in Emea Region

Trulioo today announced it now offers coverage in Greece and Israel via Trulioo GlobalGateway, the leading global identity verification platform.

/regulation

Spanish neobank Rebellion Pay strengthens AML compliance with Sentinels

Sentinels, Europe’s leading intelligent transaction monitoring and client risk management platform, has been selected by Rebellion Pay to enhance and streamline the leading Spanish neobank’s anti-money laundering (AML) compliance monitoring and risk profiling functions.

/regulation

Thirdfort closes £15m Series A

Thirdfort, a risk management platform for professional services, has secured £15m in a Series A round.

/identity

Digital ID firm OCR Labs raises $30 million

OCR Labs has announced a $30 million Series B round led by New York-based Equable Capital to expand its team in North America and EMEA. OCR Labs is headquartered in London.

/payments

Moorwand launches suite of payments compliance services

Moorwand, a payments solutions provider, offering BIN sponsorship and issuing services, today announced the launch of its suite of payments compliance services.

/crypto

India's CoinDCX picks Solidus or AML protection

CoinDCX, India’s first crypto unicorn and the nation’s safest crypto exchange, announced today that it has selected crypto-native risk monitoring firm Solidus Labs as a strategic compliance partner.

/regulation

Australian super fund, LGIAsuper, turns to Napier for AML systems upgrade following recent merger

Napier, provider of leading anti-financial crime compliance solutions, has announced that LGIAsuper, a Queensland-based superannuation fund, has adopted its Transaction Monitoring and Client Screening tools as part of an upgrade of the fund’s anti-money laundering (AML) defences.

/crime

EBA launches AML database

The European Banking Authority (EBA) launched today its central database for anti-money laundering and counter-terrorist financing (AML/CFT).

/people

Napier appoints Fenergo's Kevin O’Neill as chief revenue officer

Napier, provider of leading anti-financial crime compliance solutions, has announced Kevin O’Neill has joined the fast-growing RegTech as Chief Revenue Officer (CRO) to help drive further growth across its global operations.

/crypto

Luxembourg-based tokenisation platform Tokeny partners with Inveniam Capital

Tokeny, the Luxembourg-based tokenization platform, announced today a partnership with Inveniam Capital Partners, Inc. (“Inveniam”), a SaaS company delivering trust, transparency and completeness of data to private market assets. The partnership includes a €5m investment by Inveniam, Apex, and K20 Fund.

/people

Tier1 appoints Megan Howe MD, North American sales

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.