Money Laundering

1138 articles tagged with this keyword

/identity

ID verification and screening firm SmartSearch opens first US office

Leading ID check and Know Your Customer (KYC) SaaS software firm SmartSearch has opened its first office in the U.S., to deliver its award-winning digital solutions.

/regulation

Kompany joins TruNarrative app store

RegTech platform TruNarrative is partnering with kompany to add the Austrian RegTech’s comprehensive business verification and digital onboarding solutions to the TruNarrative App Store.

/people

Icap veteran Robert Jessurun joins Encompass as head of banking sales

Encompass Corporation, the fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, announces the appointment of Robert Jessurun, an experienced client relationship manager, as Head of Banking Sales.

/regulation

Danske Bank taps Windward AI for sanctions compliance and maritime trade finance

Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and Danske Bank, one of Denmark’s largest banks and one of the biggest financial institutions in Northern Europe, have entered into a partnership designed to digitalize and automate parts of Danske Bank’s financial crime compliance controls.

/markets

JP Morgan becomes first validation agent in Global LEI System

The Global Legal Entity Identifier Foundation (GLEIF) today announces that J.P. Morgan has become the first Validation Agent in the Global LEI System.

/crime

Swift Community Update: Focus on financial crime compliance

Tackling financial crime, and ensuring compliance with anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations remains one of the biggest overall challenges for the financial services community.

/crime

Nasdaq to acquire anti-financial crime group Verafin for $2.75 billion

Nasdaq is to acquire anti-financial crime group Verafin for $2.75 billion, accelerating the US exchange's evolution into a Saas technology provider.

/regulation

AxiomSL extends geographical reach of Sensitive Industries module to 80 countries

AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, in a significant expansion of its Global Shareholding Disclosures Solution, today announces the launch of its Sensitive Industries module covering over 600 rules across more than 80 countries.

/regulation

Nationwide taps Accuity to screen cross-border Visa Direct payments

Nationwide, the world’s largest building society, has joined forces with Accuity, the global compliance provider to start accepting cross-border transactions via Visa Direct.

/regulation

EBA issues guidance to regulators on enforcement of AML rules

The European Banking Authority (EBA) published today an Opinion setting out how prudential supervisors should consider money laundering and terrorist financing (ML/TF) risks in the context of the Supervisory Review and Evaluation Process (SREP).

/crime

MAS to stop issuing $1000 note

The Monetary Authority of Singapore (MAS) is to discontinue the issuance of large denomination $1,000 notes in an effort to curb money laundering.

/regulation

Surecomp Marketplace goes live with ThetaRay AML tech

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced ThetaRay as the latest fintech partner to be live on its Marketplace platform.

/crime

Lithuanian Government gives green light to the Centre of Excellence in Anti-Money Laundering

Yesterday, a unique public-private cooperation project initiated by the Bank of Lithuania was given a green light, when the Lithuanian government approved the establishment of the Centre of Excellence in Anti-Money Laundering.

/crime

Oracle brings big bank anti-money laundering protections to smaller institutions

Oracle today announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance Management Cloud Service brings two decades of experience in fighting big bank financial crime to an easy-to-manage, cost-effective application suite designed for mid-sized banks.

/identity

DSBC Financial Group partners iDenfy to verify users

DSBC Financial Group, an international financial institution, and iDenfy, a renowned Lithuania-based identity verification solution provider, join hands to make DSBC Financial Group's platform fully secured from different types of phishing and identity-related frauds.

/regulation

Privat 3 Money picks Napier for AML

The London based E-Money solution for global citizens Privat 3 Money (P3) has selected leading anti-money laundering and intelligent compliance software provider Napier, to integrate enhanced transaction monitoring into the core P3 platform.

/regulation

Thoma Bravo agrees AxiomSL acquisition

Private equity firm Thoma Bravo has agreed to buy a controlling stake in cloud-enabled risk management and regulatory reporting technology outfit AxiomSL. Financial terms were not disclosed.

/regulation

Afterpay cleared in Austrac AML compliance audit

AUSTRAC ordered the appointment of an external auditor to Afterpay Australia Pty Ltd (Afterpay) to examine its compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act).

/crime

FIMBank incorporates AML monitoring tech from Fiserv

FIMBank, a private Malta-based bank, has enhanced its financial crime risk management (FCRM) capabilities with a platform from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions.

/regulation

ACA Compliance Group upgrades AML package

ACA Compliance Group (ACA), a leading provider of governance, risk, and compliance advisory services and technology solutions for financial services firms, today announced the launch of its enhanced anti-money laundering (AML) solution.