EBA launches consultation on role, responsibilities of AML/CFT compliance officers
The European Banking Authority (EBA) has issued a consultation on the role, tasks and responsibilities of anti-money laundering and counter-terrorism financing officers.
FCA provides warnings to banks over money laundering failings
The Financial Conduct Authority (FCA) has issued warning letters to retail banks due to ongoing weaknesses and failings around their financial crime controls.
European authorities warn that the risk of money laundering and terrorism financing is still...
Financial services with a high level of transactions are still having trouble stopping money laundering and terrorism financing.
FCA slapped UK finance firms with £568m in fines in 2021
During a year of heightened financial crime, the Financial Conduct Authority (FCA) handed out £568m in fines during 2021.
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.
Estonia is changing its money laundering rules for cryptocurrencies
Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.
How Arctic Intelligence went from being a side hustle to leading the Australian RegTech...
From working at his dinner table to being named a leader of Australia RegTech industry, Anthony Quinn has come a long way since launching Arctic Intelligence in 2015.
Australian RegTech Kyckr to raise $6.75m to fund its growth
Aussie customer identity verification company Kyckr is looking to leverage the tightening of anti-money laundering rules and grow on the back of a new funding round.
Why customer risk ratings are imperative for financial institutions
A recent webinar led by Alessa by Tier 1 Financial Solutions examined the objectives and fundamentals of customer risk scoring as well as a logical way to categorise types of risks.
Resistant AI, ComplyAdvantage partner for anti-financial crime
Resistant AI has deployed its AI and machine learning financial crime prevention solution to financial crime risk data and detection technology platform ComplyAdvantage, in a new deal.
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