Tag: Money Laundering
EU governments set to increase efforts against money laundering
European Union governments have reportedly reached a preliminary deal for boosting efforts to counter money laundering.
Mphasis partners with BAE to helps FIs fight fraud and money...
Mphasis has partnered with BAE Systems to provide fraud and money laundering detection capabilities to financial services industry.
FNB in Lebanon taps FICO for anti-financial crime suite
The First National Bank (FNB) of Lebanon has bolstered its compliance systems by leveraging the FICO Tonbeller Anti-Financial Crime Suite.
EU Commission set to hand the EBA new powers to combat...
The European Commission is proposing to strengthen the fight against money laundering by handing the European Banking Authority new powers.
Court marks first-ever FATCA conviction with bank exec’s plea
A federal court in Brooklyn, New York, has made the first-ever conviction for failing to comply with the Foreign Account Tax Compliance Act (FATCA).
Denmark looks to increase money laundering fines
With Danske bank currently embroiled in a money laundering scandal, Denmark is reportedly looking to increase fines with new legislation.
Mindtree partners with Tookitaki to help banks automate AML
Mindtree has partnered with Tookitaki to use AI and Machine Learning to help banks across reduce risk and improve compliance
Holdex taps Blockpass for KYC/AML compliance
Holdex has partnered with Blockpass to offer streamlined Know Your Customer (KYC) and Anti-Money-Laundering (AML) identity verification solutions to its clients.
blanco raises €2m in funding from Volta, KBC
blanco, a technology developer for asset managers, has raised €2m in its latest equity round.
LexisNexis partners with AML Accelerate for AML/CFT compliance
LexisNexis, a provider of legal, regulatory and business information, has partnered with AML Accelerate to enable its customers to comply with AML/CFT compliance obligations.
