Tag: Anti-Money Laundering

The European Banking Authority (EBA) has started a public consultation to review its guidelines on money laundering and terrorist financing risk factors.

In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it. 

Ballerine, a leading player in the open-source risk decisioning platform arena, has announced a successful seed funding round.

Alviere, a pioneering embedded finance platform provider, and Hawk AI, a leading anti-money laundering (AML) and fraud prevention tech provider for banking and payment companies, are teaming up.

Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.

Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.

Innovations in anti-money laundering (AML) are leading to many businesses reenvisioning how they approach compliance. As financial institutions welcome modern technologies to better adhere to regulations, they realise other benefits from automating their AML practices, says QuantaVerse Founder David McLaughlin.

UR Islamic Bank will implement Capital Banking Solutions’ integrated compliance platform to help prevent money laundering and tax evasion in Iraq.

The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.

The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.