Tag: Money Laundering

Lynx, which focuses on detecting and preventing fraud and financial crimes, has closed its Series A funding round on €17m.

In a shocking revelation, a recent survey has highlighted that 36% of firms in the emerging financial sectors of the UK have fallen prey to either money laundering or financial crime in the last half year. The banking sector has been particularly hard-hit, emerging as the most affected sector.

Financial institutions often fall prey to money launderers who exploit these platforms to funnel, mask, transfer, and cleanse ill-gotten gains. This doesn’t just endanger...

The MAS has initiated a consultation on a framework to bolster the surveillance and defence against money laundering risks in Singapore's SFO sector.

RegTech firm Arctic Intelligence recently took the opportunity to provide a guide into assessing the impact of ML and TF on your firm. 

In the ongoing global efforts against money laundering, the task of comprehending customer identities has proven to be a crucial element in Know Your...

Dive into the intricate world of smurfing, a subtle form of money laundering, and learn about the transformative role Flagright's AI-powered tools are playing...

In a recent post by Fenergo, the company outlined how a recent report by the EBA is changing payments in the European Union. 

The Financial Conduct Authority (FCA) has recently demonstrated their commitment to holding reluctant firms accountable in a speech titled 'Doing the right thing'.

Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained...