Tag: AML

RegTech firm Flagright has partnered with Kenyan digital FinTech Fingo Africa to enhance the latter’s AML compliance and fraud protection capabilities.

The pace of market change that financial institutions must endure is climbing, with every year posing new challenges and opportunities. What will happen in AML in 2023?

Napier, a financial crime compliance specialist, has partnered with Lyra to provide the latter advanced transaction monitoring and hosting.

As financial companies face tougher regulators, ensuring risk management in AML compliance is becoming ever more important. 

Customer risk assessments are a vital part of AML and KYC processes. Flagright, an all-in-one AML compliance system, has outlined the best practices of an assessment process.

Hawk AI has entered into a partnership with FinTech Nikulipe, a company that specialises in local payment methods in fast-growing and emerging markets.  

Bank of Nevis International has become the first Caribbean bank to implement Tookitaki’s anti-money laundering technology.

Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.

Federal prosecutors have reportedly seized around $700m in assets from FTX founder Sam Bankman-Fried, as part of an ongoing court case.

Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.