AML

PayTech amnis partners with HAWK:AI to bolster AML capabilities

German RegTech HAWK:AI has teamed with amnis, a payment platform for SMEs, to strengthen the latter’s AML capabilities ahead of its imminent geographical expansion.

FinCEN director says casinos play a key role in fighting financial crimes

The Financial Crimes Enforcement Network’s (FinCEN) director Kenneth A. Blanco believes casinos have a key role to play when it comes to preventing financial crimes.

SmartSearch receives growth equity investment from Marlin Equity Partners

Anti-money laundering (AML) software provider SmartSearch has raised a growth equity investment from Marlin Equity Partners, the private equity firm.

Swedbank’s leadership ignored money laundering risks as suspicious transactions worth €37bn flowed through the...

Beleaguered lender Swedbank has responded to a damaging report revealing that more than €37bn worth of suspicious transactions flowed through the bank between 2014 and 2019.
Reken secures $10m in groundbreaking seed funding to combat generative AI threats

Reken secures $10m in groundbreaking seed funding to combat generative AI threats

Reken, a trailblazing AI & cybersecurity company, has successfully concluded an oversubscribed seed funding round, securing a substantial $10m.
Over a third of UK emerging financial firms report money laundering in 6 months

Over a third of UK emerging financial firms report money laundering in 6 months

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.

How different RegTechs tackled the Covid-19 crisis

More than nine months into the coronavirus pandemic, different segments of the RegTech industry has been responding to the crisis in various ways.
Mitigating financial crime: A closer look at adverse media screening

Mitigating financial crime: A closer look at adverse media screening

Adverse media screening has become an integral component in the finance industry, especially in relation to Anti-Money Laundering (AML) compliance. RegTech company Alessa recently...

Netki unveils improved identity verification tools at the North American Bitcoin Conference

Compliance and onboarding company Netki has announced the release of a new face-scanning tool to help businesses prevent fraud.

What are compliance teams worried about in 2021?

From cybersecurity woes and risk management concerns, compliance professionals have a plethora of issues to worry about in 2021, according to new research.

News Stories

Data privacy platform Transcend secures $40m in Series B funding

Data privacy platform Transcend secures $40m in Series B funding

Transcend, a next-generation data privacy platform, has announced the successful raising of $40m in Series B funding.
Revolut enhances international transfers with new mobile wallet partnerships in Africa

Revolut enhances international transfers with new mobile wallet partnerships in Africa

Revolut, the global financial app with over 40 million customers, has expanded its Mobile Wallets feature by introducing partnerships with Airtel, Orange Money, and MTN.
Apis Partners’ strategic exit from GHL boosts ASEAN payments leader

Apis Partners’ strategic exit from GHL boosts ASEAN payments leader

Apis Growth Fund I, a private equity fund managed by UK-based asset manager Apis Partners LLP, has announced a complete exit from its investment in ASEAN payments provider GHL.
DNA Payments enables Alipay+ acceptance for 50,000 UK merchant

DNA Payments enables Alipay+ acceptance for 50,000 UK merchant

UK FinTech DNA Payments has expanded its portfolio of POS alternative payment methods by introducing Alipay+, a suite of cross-border mobile payment and digitalisation...
Harnessing financial data aggregation for enhanced ESG investment decisions

Harnessing financial data aggregation for enhanced ESG investment decisions

Harnessing the power of financial data aggregation is becoming increasingly crucial in the investment world, particularly when integrating environmental, social, and governance (ESG) performance...

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