Tag: AML

German Federal Financial Supervisory Authority (BaFin) has ordered challenger bank N26 to improve its prevention of money laundering and terrorist financing.

KYC and AML solution provider IdentityMind will support the transaction monitoring of blockchain-based trading platform Bittrex through new partnership.

Jumio, which supplies identity as a service, will give identity verification tools to TruNarrative via a new partnership.

Six major banks in the Nordics have reportedly come together to improve customer checking and tackle money laundering.

A fifth of financial institutions claim outdated technology infrastructures are holding them back from investing in new solutions such as AI, a study from Fenergo claims.

TruNarrative has partnered with UK-based Atom bank to help the firm with its AML transaction monitoring and financial crime customer screening and monitoring.

IdentityMind has formed a partnership with investorID, an identity solution for tokenised securities, to simplify KYC and AML compliance.

Europol has supported the Spanish government in dismantling a criminal organisation which had been providing ‘large-scale’ crypto money laundering services to other criminal bodies.

Vital4, a data search and due diligence solution provider, has closed a $1.1m funding round to support its continued growth.

Identity verification platform Jumio has strengthened its partnership with challenger bank Monzo by singing a new multi-year agreement.