Tag: AML
Jumio strengthens its relationship with Monzo
Identity verification platform Jumio has strengthened its partnership with challenger bank Monzo by singing a new multi-year agreement.
Fiserv deploys AML technology to Mercury Payment Services and Arion Bank
Mercury Payment Services and Arion Bank have integrated Fiserv to help them streamline their AML processes and fraud risk management.
Suncorp is latest Australian financial institution to deploy Arctic’s AML solution
Australian finance, insurance and banking corporation Suncorp has implemented Arctic Intelligence’s AML and CTF solutions.
A suspicious transaction database is needed to help battle money laundering...
A centralised database for suspicious transactions would be the best way to help financial institutions improve the fight against money laundering and fraud, according to Pedro Pinto Coelho, CEO at Banco BNI Europa.
Swedbank launches financial fraud unit in wake of money laundering probes
Nordic banking group Swedbank has launched a unit dedicated to financial fraud and security amid a money laundering scandal which has sent the bank's valuation reeling.
Foregenix, Tranwall partner to combat ATM cashout fraud
Cybersecurity company Foregenix has teamed up with Australian payment card security company Tranwall to combat the rise of global ATM cashout fraud.
Trulioo launches its identity verification system in Malta
Trulioo, an identity verification platform, has added Malta to its global identity verification coverage.
Just under three quarters of APAC banks expect fraud cases to...
Just under three quarters of Asia Pacific banks believe fraud cases in the region will increase ‘moderately or significantly’ during 2019, according to a study from FICO.
TAL deploys Arctic Intelligence AML Accelerate solution
Australia-based Life insurance firm TAL has partnered with Arctic Intelligence to support its AML and risk assessment processes.
FCA slaps Standard Chartered with £102.2m fine for ‘poor’ AML controls
The Financial Conduct Authority has issued its second largest financial penalty ever for AML controls failings, after fining Standard Chartered Bank £102.2m for breaches in two areas of the business.
