Tag: Anti-Money Laundering
Napier AI connects FinTech innovation with anti-money laundering strategies in new...
In the latest episode of Napier AI's podcast series, Paysafe’s former MLRO and Napier AI's data scientist delve into the integration of machine learning (ML) in combating financial crimes within the FinTech sector.
Essential guide to Anti-Money Laundering (AML) compliance in 2024
FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, has offered a complete guide to money laundering regulations 2024. The updated guide explores...
Navigating KYB checks: The gateway to business transparency and trust
In today's digital era, where business transactions and partnerships extend beyond borders, the importance of conducting due diligence cannot be overstated.
FullCircl, a Customer Lifecycle...
AMLA’s new home in Frankfurt: Strengthening EU’s fight against financial crime
In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.
AI emerges as the top threat for UK’s regulated firms in...
In the UK, the deployment of artificial intelligence (AI) is perceived as the principal threat for over half of the regulated firms this year.
Hawk AI welcomes new general manager Robin Lee
Hawk AI, a front-runner in AI-driven solutions for fraud and anti-money laundering (AML) surveillance, has recently announced the strategic appointment of Robin Lee as General Manager for the Asia-Pacific (APAC) region.
NICE Actimize revolutionizes financial crime fighting with new generative AI solutions
NICE Actimize, a leading provider of financial crime, risk, and compliance solutions, has unveiled a new suite of generative AI-based innovations.
NICE Actimize is at...
What it means for the UAE nearing the end of FATF...
In a significant development reported in October 2023, the United Arab Emirates (UAE) is on the cusp of being removed from the Financial Action Task Force's (FATF) "grey list."
Several industry associations voice concerns over AML regulation draft
In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
The impact of EU’s AML regulations on wealthy individuals and luxury...
Big changes are sweeping through Europe's financial landscape, thanks to the introduction of stringent Anti-Money Laundering (AML) laws. These new regulations are particularly significant for high net worth individuals (HNWIs) and businesses in the luxury sector. The mandate? Heightened vigilance and transparency in financial dealings, aiming to curtail the misuse of funds.
