AML

RegTech firm Sentinels has been appointed by payments FinTech kevin. to handle transaction monitoring compliance for the company.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.

Here are the 5 main sources of onboarding-related threat to your financial institution in 2022, and here’s what to do about them.

From: RegTech Analyst Estate agents have admitted that they fail to follow the UK’s laws enough to prevent money laundering as well as they should.  More than four in...

Picking the right RegTech company to invest in is difficult. Luckily, the Global RegTech Buyer's Guide 2021 has just been launched to help make it easier to make the right choice.

Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.

RegTech Electronic IDentification has proposed a solution that would use biometrics to help people set up bank accounts at ATMs.

UK money management startup sync. has inked a partnership deal with RegTech ComplyAdvantage.

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.