Financial institutions struggle with money laundering and Covid-19 is making matters worse
Banks struggle to detect money laundering and Covid-19 is making the situation worse, according to new research from BAE System.
SmartSearch U.S. has boosted its AML offering on the back of new money laundering...
RegTech company SmartSearch U.S, has improved its anti-money laundering (AML) offering on the back of Congress passing new financial crime laws in January.
EBA unveils public consultation on remote customer boarding guidelines
The European Banking Authority (EBA) has launched a public consultation on its draft guidelines for the use of remote customer onboarding solutions.
Do banks need to join forces in the war against money laundering?
There are many benefits to a more globalised world. However, one of the key threats posed by an increasingly digitised and connected world is the scourge of money laundering.
Estonian FinTechs Salv, Tuum partner for AML capabilities
RegTech company Salv will deploy its AML capabilities into Tuum, an API-first and modular core banking platform.
RegTech 100 iSignthis and Worldline finalise partnership in 2018
European payments firm Worldline has bolstered its digital identity capabilities by partnering with RegTech 100 company iSignthis.
7,000 UK firms to be checked to ensure money-laundering rules are followed
A top British regulator is going to investigate 7,000 firms to ensure they are compliant with the 2017 Money Laundering Regulations.
Global money laundry fines totalled $8.14bn in 2019
From: RegTech Analyst The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup. The company found...
Arctic Intelligence named the Australian-founded RegTech of the Year and RegTech Exporter of the...
The awards are coming fast now for Arctic Intelligence. The Aussie scaleup just picked up two awards at The RegTech Association’s annual awards ceremony shortly after being recognised as a Rising Star in Deloitte’s Technology Fast50 late last year.
Commonwealth Bank bans using banking service for abusive messages
From: RegTech Analyst Hot on the heels of the industry doubling down on preventing financial abuse, one of Australia's biggest banks has stepped up to...