Tags Financial crime.

Tag: financial crime.

Amlyze and Plumery’s partnership aims to set industry standards

AMLYZE, a renowned RegTech specializing in combating financial crimes, and Plumery, a leading provider of digital banking solutions, have recently announced their strategic partnership. This collaboration aims to redefine the FinTech landscape by integrating advanced anti-financial crime capabilities with innovative digital banking services.

Ripjar revolutionises compliance with groundbreaking AI summaries for risk screening

Ripjar, renowned for its expertise in monitoring and investigating threats, risks, and criminal activities, has announced it now combines generative AI technologies with its risk profile capabilities. 

Lynx gets its paws on €17m in Series A led by...

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.
Refine Intelligence has announced a successful $13m seed funding round that is set enable them to transform Anti-Money Laundering (AML). 

Refine Intelligence secures $13m in seed round to revolutionise AML

Refine Intelligence has announced a successful $13m seed funding round that is set enable them to transform the Anti-Money Laundering (AML) space.  The funding was...

Revolut ramps up anti-fraud efforts with doubled financial crime team

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.

Moody’s Analytics Shares Key Steps for Enhanced PEPs Screening

In September 2023, the Financial Conduct Authority (FCA) provided fresh guidance about how to treat Politically Exposed Persons (PEPs). In response to this, businesses under regulation might find it beneficial to revisit their existing PEPs screening systems. This not only ensures alignment with the new directive but also makes certain that the screening process remains both effective and efficient.

Understanding, identifying, and counteracting skimming in the digital age

In today’s digitally-dominated era, the benefits of swift and easy electronic transactions have become deeply ingrained in our daily activities. The simplicity of online shopping, card payments at dining outlets, and instant stock trading via our mobile devices epitomises modern financial convenience.

Financial crime compliance costs skyrocket to $206.1bn globally

RegTech firm LexisNexis Risk Solutions has unveiled its annual True Cost of Financial Crime Compliance Report.

How financial institutions can safeguard integrity with the three-step risk-based method

In a recent post by Fenergo, the company outlined how FI's are able to safeguard integrity with a three-step risk-based method. 

The role of AI in reshaping the future of anti-financial crime

Whether you're just stepping into the world of AI or you're familiar with its intricacies, Resistant AI and Fintrail are launching a new bootcamp to dive deep into understanding how AI is poised to redefine the future of financial crime prevention.

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