Tag: Money Laundering

NetGuardians, an enterprise risk platform helping to combat fraud, has launched its new anti-money laundering (AML) transaction monitoring solution.

The biggest challenge that compliance teams face with their money laundering and terrorist financing (ML/TF) risk assessments are gathering the data and evidencing effectiveness.

One of the biggest money launderers in Europe was arrested last week following an international law enforcement operation led by the Guardia Civil of Spain.

With the rising level of money laundering regulations and fines, firms need to know what their requirements are. Electronic IDentification has released a report examining the AML Directives.

 Sentinels, which helps detect money laundering in real-time, has released a report outlining why real-time transaction monitoring is the next step for compliance functions.

Financial crime prevention firm Resistant AI has deployed technology into Netherlands-based B2B FinTech FINOM to bolster AML measures.

ComplyAdvantage has released ComplyTry, a new tool that lets anyone verify prospective customers by leveraging live sanctions, politically exposed people (PEPs) and adverse media data.

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

NatWest has pleaded guilty to money laundering failings amounting to £365m from UK-based jeweller Fowler Oldfield.

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.