Tag: Anti-Money Laundering
Anti-money laundering RegTech Hawk:AI teams with Ondato
Hawk:AI, which offers anti-money laundering surveillance technology, has partnered with KYC and customer onboarding company Ondato.
How QuantaVerse is applying AI and machine learning to improve AML...
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’s new partnership to combat money laundering in Iraq
UR Islamic Bank will implement Capital Banking Solutions’ integrated compliance platform to help prevent money laundering and tax evasion in Iraq.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
FCA warns cryptocurrency companies are failing to meet UK AML requirement
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
Veriff unveils new AML product to aid regulatory compliance
Estonian identity verification firm Veriff has launched its new Anti Money Laundering (AML) compliance to aid companies in complying with AML regulations.
N26 under BaFin scanner for inadequate measures against money laundering
German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.
More vigorous action needed on money laundering, BaFin tells Deutsche Bank
German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.
Bofin partners with ComplyAdvantage to mitigate fraud and money laundering risks
UK-based technology marketplace for financial services firms Bofin partnered ComplyAdvantage to lower its risk of financial crimes and money laundering.
Modularbank adds AML to product offering after partnership with HAWK:AI
Estonian core banking provider Modularbank has added anti-money laundering (AML) capabilities to its services via a partnership with HAWK:AI, a Germany-based AML platform.
