1137 articles tagged with this keyword
Company update/crime
Money laundering is the practice of disguising the illegal origin of criminal proceeds.
11 June 2020
News/people
As it looks to get regulators onside, the Libra Association has brought in Credit Suisse's head of financial crime compliance, Sterling Daines, as chief compliance officer.
10 June 2020
Company update/security
Financial services organizations of all sizes must remain one step ahead of financial crime.
05 June 2020
Nasdaq (Nasdaq: NDAQ) announced today that its investment arm, Nasdaq Ventures, has taken a minority stake in the UK-based financial crime investigation automation company Caspian.
04 June 2020
News/crime
Just under $1.4bn was stolen through various crypto-related scams in the first five months of 2020, according to a report from cyber security firm CipherTrace
Company update/regulation
Regxsa, formerly known as AMLabc, empowers Financial Institutions in taking responsibility towards society and doing the right thing.
News/regulation
Australian bank Westpac has blamed the failure of its anti money laundering (AML) processes on a mixture of technology and human error rather than any intentional wrongdoing, according to a report commissioned by the bank's former chairman Lindsay Maxsted.
The European leader in crypto AML and compliance solution, Scorechain, released a new layer of risk management feature with Risk Indicators.
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking.
03 June 2020
The five largest banks in Sweden have teamed up with the country's police to launch an anti-money laundering initiative.
29 May 2020
Kompli-Global, the leading RegTech AML specialist, has formed a strategic partnership with digital identity and credential management platform, Yoti, to make life much more difficult for fraudsters and money launderers.
21 May 2020
We are delighted to announce that Reliance Bank have signed for iFinancial’s Anti Money Laundering Software, AMLtrac, as part of their commitment to meet regulatory requirements and ensuring the financial safety of their customers.
20 May 2020
News/payments
First Data Merchant Services and one of its former executives will pay more than $40.2 million to settle US charges that they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of consumers.
19 May 2020
indó and Lucinity have signed a partnership agreement regarding indó's use of Lucinity's anti-money laundering (AML) defense system.
Company update/Money Laundering
Finologee, the Luxembourg FinTech platform operator, and Harmoney, the KYC solutions provider from Ghent (Belgium) today announced the launch of their joint venture under the name KYC Manager.
Westpac today filed its defence with the Federal Court in relation to civil proceedings brought by AUSTRAC on 20 November 2019 regarding alleged contraventions of its obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act.
15 May 2020
CSLB-Asia, providers of family office, corporate secretarial and commercial business consultancy services, have announced their collaboration with award-winning RegTech company Know Your Customer across the APAC region.
12 May 2020
The European Commission has today put forward a comprehensive approach to further strengthen the EU's fight against money laundering and terrorist financing.
07 May 2020
ISignthis, a provider of payment verification technology to help banks meets AML reporting obligations, has lost the first round its legal battle with the Australian Securities Exchange over the suspension of its shares, after a Federal Court over-ruled its attempt to prevent the ASX from outlining the reasons for its actions.
01 May 2020
Leading RegTech companies, Kompli-Global and ComplyAdvantage have entered into a strategic partnership to take the fight to fraudsters and money launderers.
29 April 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.