Tag: AML
NatWest hit with first criminal charge pursued by FCA
National Westminster Bank (NatWest) has been fined £264m for three accounts of money laundering failures.
Merchant acquirer PAYSTRAX buffs up AML with Sentinels
European merchant acquirer PAYSTRAX has picked transaction monitoring platform Sentinels to bolster its anti-money laundering processes.
How Muinmos became a key global player in financial services client...
Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler and more efficient in financial services. With a rapidly growing global client base of banks, investment firms and asset managers, the company is emerging as a major player in key global markets.
Arctic Intelligence bolsters financial crime capabilities through FrankieOne alliance
Australian RegTech firm Arctic Intelligence has entered into strategic alliance with FrankieOne to strengthen financial crime synergies between the two.
Brokerage Archax picks Scila for surveillance and AML
Archax has selected Scila Surveillance and Scila AML to help it bolsters its market surveillance and anti-money laundering capabilities.
HKMA reprimands four Asian banks due to AML abuses
The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.
Over a quarter of global firms bled more than £1m to...
A recent whitepaper by KYC and AML software providers Themis and Encompass Corporation has found financial services’ companies worldwide lost over £1m due to financial crime deficiencies last year.
ComplyAdvantage introduces AML guide for digital-first banks
ComplyAdvantage has launched a new anti-money laundering (AML) guide for digital banks to provide them with a better understanding of the topic.
First AML nets $21m Series B as it eyes Europe expansion
New Zealand-based RegTech firm First AML has secured $21m from a Series B funding round.
ComplyAdvantage extends AML program to US and Canadian FinTechs
Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.
