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.
NetGuardians releases new anti-money laundering solution
NetGuardians, an enterprise risk platform helping to combat fraud, has launched its new anti-money laundering (AML) transaction monitoring solution.
Crypto trading platform X1 selects Resistant AI to aid AML checks
Cryptocurrency trading platform X1 has chosen financial crime prevention specialist Resistant AI to improve its AML checks across its platform.
© FinTech Global © Copyright 2024. All rights reserved.
