Themis, Diligencia partner to combat fraud in Middle East and Africa
RegTech platform Themis has formed a strategic partnership with Diligencia, a provider to corporate data in the Middle East and Africa, to help combat fraud.
Bank of Nevis first Caribbean bank to leverage Tookitaki’s AML software
Bank of Nevis International has become the first Caribbean bank to implement Tookitaki’s anti-money laundering technology.
AML and fraud prevention RegTech Hawk AI scores $17m in Series B
Germany-based RegTech Hawk AI, which provides AML and fraud prevention technology to banks and payments companies, has secured $17m in its Series B.
AML provider Alessa names Holly Sais Phillippi as CEO
Anti-money laundering and fraud solution provider Alessa has named Holly Sais Phillippi as its new chief executive officer.
How AML shaped the world in 2022
Last year saw a seismic shift in the regulatory world. Sentinels has released a report on how AML shaped the world in 2022. It explores the most impactful moments of the year towards AML and what companies had to navigate.
FCA fines AI Rayan Bank £4m for AML failings
The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.
Digital images and selfies no longer KYC/AML compliant
Digital images and selfies have been a staple for online verification for many years. However, Electronic IDentification has warned that they are no longer KYC/AML compliant.
Iceland’s Arion Bank implements Lucinity to fight money laundering
Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.
The importance of AML for non-financial institutions
Anti-money laundering compliance is usually associated with financial institutions; however, Sentinels has revealed how and why non-finance firms should also protect themselves.
Hawk AI joins the Visa Fintech Partner Connect program
Hawk AI, a software developer for issuers, banks, FinTechs and payment firms, has joined the Visa Fintech Partner Connect program.
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