Tag: AML compliance

IDnow, a prominent provider of identity verification platforms in Europe, has recently expanded its product offering by introducing two innovative e-signature solutions, InstantSign and eID eSign.

In today's financial landscape, AML transaction monitoring is key for protecting the integrity of financial institutions and the global financial system.

Anti-money laundering (AML) strategies in the wealth and asset management (WAM) sector are undergoing significant transformations to combat financial crimes more effectively.

Politically Exposed Persons (PEPs) represent a significant risk for money laundering and corruption within the financial sector. Alessa, a leading provider of Anti-Money Laundering...

In an era where regulatory oversight of the wealth and asset management sector is intensifying globally, the stakes for compliance have never been higher. This sector, pivotal to national economies, plays a crucial role in helping consumers manage their assets and achieve their financial goals. However, its significance also makes it a potential target for misuse by malicious entities aiming to launder money.

In the rapidly evolving sectors of finance and professional services, Client Lifecycle Management (CLM) plays a critical role in ensuring compliance and managing risk. Traditional CLM systems, however, often fall short in the face of expanding customer demographics, complex regulatory landscapes, and the growing demands of global compliance standards.

In the UK, the deployment of artificial intelligence (AI) is perceived as the principal threat for over half of the regulated firms this year.

In the ever-evolving landscape of financial services, maintaining regulatory compliance is not just a legal requirement but a strategic advantage. As financial institutions navigate...

Fineksus, a trailblazer in the FinTech sector, has launched the Inspector API,  offering an advanced, cost-effective solution for Anti-Money Laundering (AML) Name Screening.

The significance of modern Anti-Money Laundering (AML) compliance cannot be overstated, especially in an era where digitalisation is a cornerstone of our daily interactions. While RegTech has revolutionised the approach to combating financial crimes like money laundering and terrorist financing, it's crucial to acknowledge that technology alone isn't the panacea.